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British Chancellor Rachel Reeves has stepped up her criticism of Donald Trump's war on Iran, describing it as a 'mistake' that has destabilized the global economy and damaged living standards around the world.In a marked fraying of the transatlantic relationship, Reeves said Trump's decision to break off from diplomatic talks with Iran and launch airstrikes seemed to have left the president in a worse place than he started.“I think it was a mistake to end those [talks with Iran] and to enter into conflict, because I'm not convinced that we are safer today than we were a few weeks ago,” she told an event in Washington.Reeves' comments added to blunt criticism of Trump she made just before flying out on Tuesday, when she expressed frustration at the 'folly' of his decision to go to war without a clear exit plan.The criticism adds to an increasingly tense atmosphere between Downing Street and the White House, with Trump's attacks on Prime Minister Keir Starmer becoming increasingly personal.The IMF warned on Tuesday that a further escalation in the Iran war could trigger a global recession that would affect the UK more than any of the other G7 nations.Reeves called for the urgent reopening of the strait of Hormuz to calm global energy prices, saying the lack of clear US targets in negotiations with Iran had worsened the situation.“We had the waterway open a few weeks ago. So, if now the objective is to reopen the strait of Hormuz? Well it was open at the beginning of this conflict,” Reeves added.Reeves said she had come to the IMF meetings to “deliver that fair message” that the conflict in the Middle East was hitting living standards worldwide and required urgent de-escalation.

The Las Vegas Aces, defending WNBA champions, have completed their core group retention by re-signing four-time MVP A'ja Wilson on Wednesday. The deal, reported by ESPN, is a three-year, $5m supermax contract, marking a historic milestone in the WNBA.Aces president and general manager Nikki Fargas praised Wilson, stating, “A’ja is truly one of one, who has led this franchise to where it is today. She does so with the utmost confidence, authenticity and grace.”Wilson, who was named WNBA MVP and the Associated Press Female Athlete of the Year last season, has achieved numerous accolades, including four MVP awards and three defensive player of the year awards. She led the WNBA in scoring with 23.4 points per game and in blocked shots with a 2.3 average last season.In addition to Wilson, the Aces have re-signed key players Jackie Young, Chelsea Gray, and Jewell Loyd. The team has also signed guard Chennedy Carter to a training camp contract.

Sir Craig Reedie, who has died aged 84, was a pivotal figure in London's successful bid to stage the 2012 Olympics. As a member of the London Organising Committee for the Olympic Games from 2005 to 2013, he formed a highly effective partnership with Sebastian Coe, the bid leader, doing crucial work behind the scenes to secure the Games for London.Reedie's diplomatic skills and influential presence within the Olympic and Paralympic movement were instrumental in winning the support of British politicians and marshalling the votes of Olympic delegates. Coe credited Reedie with playing a vital role in London's bid success, saying that without his efforts, London might never have won the right to host the 2012 Games.Reedie's commitment to drug-free competition was unwavering. He was a founder board member of the World Anti-Doping Agency (Wada) in 2000 and served as its president from 2014 to 2019. During his tenure, he clashed with the then IOC president Thomas Bach over Russia's state-sponsored doping regime, ultimately leading to Wada banning Russia from all international competition in 2019.Reedie's sports career began as a leading badminton player. He later became president of the International Badminton Federation and successfully campaigned for the sport's inclusion in the Olympics. His administrative work in badminton led to his appointment as chair of the British Olympic Association (BOA) and later as a member of the International Olympic Committee (IOC), where he served as vice-president from 2012 to 2016.Throughout his career, Reedie was known for his tough but charming demeanor, earning him respect from his peers. He was knighted in 2006 and elevated to knight grand cross in 2018. The Sir Craig Reedie Badminton Centre in Glasgow was renamed in his honor in 2014.

President Donald Trump announced on Fox Business that he will dismiss Federal Reserve Chair Jerome Powell if the central‑bank chief does not vacate the post by the statutory end of his term on May 15. “I’ll have to fire him, OK, if he’s not leaving on time,” Trump said, adding that he had previously held back the decision to avoid controversy. Powell, who has just over a month left in his tenure, has repeatedly been criticized by Trump for what the president calls a “bad job” and for refusing to lower interest rates despite Trump’s repeated demands since his return to the White House in January 2025. In January, Trump nominated former Fed governor Kevin Warsh to replace Powell. Warsh, known for his criticism of the Fed’s relatively high rates, is expected to align more closely with Trump’s push for rate cuts. His confirmation hearing before the Senate Banking Committee is slated for April 21, but the outcome remains uncertain. Republican Senator Thom Tillis of North Carolina, a member of the banking committee, has signaled he will block Warsh’s nomination until the Department of Justice concludes its criminal investigation into alleged misconduct surrounding the Fed’s headquarters renovation in Washington, D.C. Tillis described the probe as “reaching the point of absurd,” yet insists the investigation must be resolved before moving forward. The probe appears active: prosecutors made an unannounced visit to the construction site this week, as reported by the Wall Street Journal, underscoring the seriousness of the inquiry. During the same interview, Trump dismissed the investigation’s relevance, claiming the project was “probably corrupt, but what it really is is incompetence,” and questioned whether a $25 million renovation could balloon to a $4 billion expense. Powell responded in January with a rare public rebuke, labeling the investigation a “pretext” aimed at pressuring the Fed to lower rates. He warned that political intimidation could jeopardize the Fed’s ability to set monetary policy based on economic evidence. The legal backdrop adds another layer of uncertainty. The Supreme Court has yet to rule on Trump’s authority to fire a Fed board member without cause—a question that resurfaced after the president’s attempted removal of Fed governor Lisa Cook last summer. Justices appeared skeptical of such unilateral action during oral arguments in January. With the Fed’s independence at stake, the coming weeks will determine whether Trump’s threat translates into action, whether Warsh can secure Senate confirmation, and how the renovation investigation will influence the broader debate over political interference in U.S. monetary policy.

Former Treasury Secretary Janet Yellen sharply criticized President Donald Trump’s repeated calls for the Federal Reserve to slash borrowing costs, likening the approach to the fiscal tactics of a “banana republic.”Trump has publicly urged the central bank to deliver the lowest interest rate in the world, arguing that cheaper financing would ease the service burden on the United States’ staggering $39 trillion debt.Speaking at an HSBC investor summit in Hong Kong, Yellen asked, “How often does the president of a developed country demand that interest rates be set to reduce debt‑service costs? This is what you hear in a banana republic.” She warned that such political meddling could unleash inflation if the Fed’s independence is compromised.The Fed, under Chair Jerome Powell, last lowered its policy rate in December to a range of 3.5 %–3.75 %. However, policymakers are growing uneasy about inflationary pressures, especially as the ongoing Iran conflict threatens oil supplies.Powell is slated to step down next month, but his successor—Trump’s nominee Kevin Warsh—has yet to secure Senate confirmation. Powell has indicated he will remain in his role if a replacement is not confirmed, and he may continue as a Fed governor until a pending Department of Justice investigation concludes.Trump has openly dismissed the idea of Powell staying on, telling Fox Business that he would “have to fire him” if the chair does not leave. Powell, for his part, describes the DOJ probe as a “pretext” aimed at pressuring the Fed to cut rates.Warsh, who argues that potential productivity gains from artificial intelligence could justify lower rates, faces skepticism from Yellen, who doubts he commands the same respect as former Fed chair Alan Greenspan. She noted, “Greenspan was widely respected for his expertise; I don’t think Warsh walks in with that level of credibility.”Trump’s broader effort to reshape the Fed board includes an attempt to remove Governor Lisa Cook, who is currently facing a Supreme Court case over alleged mortgage fraud.Meanwhile, finance ministers and central bankers have gathered in Washington for the International Monetary Fund’s spring meetings. Bank of England Governor Andrew Bailey warned that rising oil prices, driven by the Iran conflict, constitute a “major supply shock” that central banks must assess carefully.The IMF has cautioned that a prolonged closure of the Strait of Hormuz could trigger a global recession, underscoring the interconnected risks of geopolitical tensions, sovereign debt, and monetary policy decisions.

The recent controversy surrounding NFL reporter Dianna Russini and New England Patriots head coach Mike Vrabel has sparked a heated debate about gender bias in sports media. Russini, one of the NFL's most high-profile reporters, was photographed holding hands with Vrabel at a resort in Sedona, Arizona, leading to rumors and speculation about their relationship.Russini and Vrabel, both married to other people, denied any wrongdoing, but the damage was already done. Russini resigned from her post at The Athletic, while Vrabel continued to work as usual, with no apparent consequences. This double standard has raised questions about the way women are treated in sports media, particularly when they are attractive and outgoing.The internet was quick to point the finger at Russini, with many people criticizing her for allegedly crossing professional boundaries. The media scrutiny was intense, with People magazine even writing about the dynamics of her marriage. Meanwhile, Vrabel's job was seemingly unaffected, with Patriots vice-president of player personnel Eliot Wolf stating that Vrabel had been actively involved in the team's preparations for the NFL draft.The incident has highlighted the challenges faced by women in sports media, who often have to navigate a complex web of relationships with coaches, players, and other media professionals. Russini's situation has sparked concerns about the impact on women in sports media in general, with some wondering if the story will have a lasting effect on the industry.In contrast, male journalists and NFL staff have faced similar situations but have not suffered the same consequences. For example, NFL insider Adam Schefter was involved in a scandal in 2021 when an email was uncovered in which he asked a team president for approval for an unpublished article. Despite this, Schefter kept his job at ESPN and has continued to work as a trusted source of breaking news.The difference in treatment between Russini and Schefter has raised questions about the role of gender in sports media. While Schefter's value to ESPN was seen as too significant to let one issue end his career, Russini's career has been derailed by the controversy surrounding her relationship with Vrabel. As the NFL and sports media continue to evolve, it remains to be seen how this incident will impact the industry and the way women are treated in the future.

US President Donald Trump has threatened to revise the trade deal between the US and UK, signed last year, citing the 'sad state' of their relations. The deal, which cut some US tariffs on cars, aluminium, and steel, was described by Trump as 'better than I had to' and 'can always be changed'.The strained relations between the two countries are largely due to sharp differences over the US approach to the Middle East, particularly the conflict with Iran. UK ministers have expressed frustration and anger over the economic fallout of the US decision to go to war with Iran, which could trigger a global recession.UK Chancellor Rachel Reeves has voiced her frustration, stating that the US launched strikes without a clear idea of its objectives. Keir Starmer, the UK leader, has also expressed his concerns, saying he is 'fed up' with Trump's actions causing energy bills to rise.Trump, in an interview with Sky News, accused Britain of not being supportive during the Iran conflict, saying 'they were not there when we needed them'. He also suggested that a permanent ceasefire with Tehran could be struck before King Charles's state visit to the US later in April.The IMF's spring meetings will focus on the crisis in the Gulf, with the organisation cutting Britain's economic growth forecast due to the conflict. The Bank of England governor, Andrew Bailey, has stated that the UK is better placed to deal with the fallout due to its resilient banking system.

Kevin Warsh, a former Federal Reserve governor nominated by President Donald Trump to replace Jerome Powell, has filed ethics disclosures showing personal assets well above $100 million. If confirmed, he would become the wealthiest central‑bank leader in U.S. history. The 69‑page filing, released on Tuesday, lists two private‑fund investments each valued at over $50 million in the Juggernaut Fund LP, plus $10.2 million in consulting fees from the investment office of Wall Street titan Stanley Druckenmiller. Many holdings are described only in broad categories because “pre‑existing confidentiality agreements” prevent full disclosure; Warsh has pledged to divest these assets should his nomination be approved. Federal Reserve ethics rules, tightened in 2022, prohibit officials and their families from owning bank stocks, crypto‑related assets, and impose strict limits on buying and selling securities. The Fed’s own standards, set by the Federal Open Market Committee, are stricter than those governing other federal employees. Beyond the large private‑fund stakes, Warsh’s disclosures reveal a portfolio concentrated in emerging sectors such as artificial intelligence and cryptocurrency. Notable entries include the robotic‑coffee‑bar platform Cafe X, wearable‑tech firm Cionic, an Ethereum layer‑two project dubbed “Blast,” and a reversible male‑contraceptive solution called Contraline. Details for many of these positions are omitted, again citing confidentiality. The filing also enumerates assets held by Warsh’s spouse, Jane Lauder—a member of the Estee Lauder family with an estimated net worth of $1.9 billion. Her holdings feature municipal bonds listed simply as “over $1 million.” Liabilities appear modest in comparison: a 2015 mortgage of up to $5 million with JPMorgan Chase at a 2.75% rate, a revolving credit line of up to $5 million from PNC Bank at roughly 6%, and a $1.95 million capital commitment to THSDFS LLC, an interest Warsh has also pledged to divest. Ethics analyst Heather Jones of the Office of Government Ethics confirmed that Warsh’s divestiture promises would bring him into compliance with the Ethics in Government Act. Nonetheless, the breadth of undisclosed holdings is likely to dominate his upcoming confirmation hearing, scheduled for April 21. Political dynamics add further uncertainty. A key Republican senator has signaled intent to block Warsh’s confirmation until a Department of Justice investigation into Powell’s oversight of Fed‑headquarters renovations concludes. Although a federal judge recently dismissed two subpoenas targeting Powell—citing a perceived attempt to pressure him on interest‑rate policy—the Justice Department plans to appeal, potentially delaying any Senate vote. Powell has indicated he will remain “pro tem” if Warsh is not confirmed by the end of his term on May 15, and he could retain his governor seat until 2028 if he chooses.

FIFA, the global governing body of football, is under growing pressure to ask U.S. President Donald Trump for a blanket halt to ICE (Immigration and Customs Enforcement) raids during the 2026 World Cup. The request, sourced from anonymous contacts cited by The Athletic, would be presented to FIFA president Gianni Infantino for direct delivery to the White House. According to the report, Infantino is weighing a formal appeal that would seek a "full moratorium on ICE raids across the United States during the World Cup" – a tournament set to kick off on June 11 in eleven host cities spanning the United States, Canada and Mexico. The move comes as the Trump administration intensifies its immigration crackdown, tightening legal pathways and expanding deportation efforts. Critics warn that such policies could target the tournament’s massive international audience, undermining the event’s reputation as a celebration of global unity. When asked by Al Jazeera about any negotiations with FIFA, the White House declined to comment but praised the upcoming competition, with spokesperson Davis Ingle stating, "Thanks to President Trump’s leadership, the FIFA World Cup 2026 will be one of the greatest and most spectacular events in the history of mankind, right here in the United States of America." He added that the event is expected to generate billions of dollars in economic impact and create hundreds of thousands of jobs. Despite the administration’s enthusiastic rhetoric, officials have hinted that immigration agencies could be present at match venues. In February, ICE acting director Todd Lyons told a House committee that the agency would be on the ground for the World Cup, emphasizing that ICE is "a key part of the overall security apparatus for the World Cup" and would not pause operations. Previous incidents have fueled the concern. During last year’s FIFA Club World Cup in the United States, reports surfaced of ICE and Customs and Border Protection officers at stadiums, although the administration denied any enforcement actions took place. Vice President JD Vance recently warned that visitors must adhere to visa terms, suggesting that those who overstay could be subject to the authority of then‑Homeland Security Secretary Kristi Noem. Noem, who was dismissed in March, had overseen a controversial crackdown in Minnesota that resulted in two civilian deaths and drew accusations of human‑rights violations. FIFA executives see a potential immigration moratorium as a public‑relations win for both the sport’s governing body and the Trump administration. The proposal is also viewed as an opportunity for Infantino to leverage his personal rapport with Trump – a relationship that has attracted scrutiny after Infantino awarded the inaugural FIFA Peace Prize to the president in December, prompting a rights‑group complaint to FIFA’s ethics committee. With the World Cup fast approaching, fans and human‑rights advocates remain uneasy about whether the United States will provide a "safe and welcome" environment for the influx of international visitors.