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A United States judge has ruled that he will not dismiss the drug-trafficking and weapons possession charges brought against former Venezuelan President Nicolas Maduro and his wife Cilia Flores.In a Thursday court hearing, Judge Alvin Hellerstein questioned whether the US government has the right to bar Venezuela from funding Maduro's legal expenses. The hearing was the first for Maduro and his wife since a brief January arraignment, where they pleaded not guilty.Maduro and Flores have sought to have the charges against them thrown out. Hellerstein declined to do so, but he pressed the prosecution on some of the issues Maduro's legal team raised in its petition to dismiss the case. Among them was a decision by the administration of US President Donald Trump to prevent the Venezuelan government from financing Maduro's defence.Federal prosecutors argued that national security reasons prevented the US from allowing such payments. They also pointed to ongoing sanctions against the Venezuelan government. But Hellerstein pushed back against that argument, noting that Trump had eased sanctions against Venezuela since Maduro's abduction on January 3. He also questioned how Maduro might pose a security threat while imprisoned in New York.“The defendant is here. Flores is here. They present no further national security threat,” said Hellerstein. “I see no abiding interest of national security on the right to defend themselves.”Hellerstein emphasised that, in the US, all criminal defendants have the right to a vigorous defence, as part of the US Constitution's Sixth Amendment. Maduro, who led Venezuela from 2013 to 2026, has been charged with four criminal counts, including “narco-terrorism” conspiracy, conspiracy to import cocaine, the possession of machine guns and the conspiracy to possess machine guns and other destructive devices.He and his wife were taken into US custody on January 3, after Trump launched an attack on Venezuela. The Trump administration has framed the military operation as a “law enforcement function”, but experts say it was widely considered illegal under international law, which protects local sovereignty.Trump himself weighed in on the proceedings during a Thursday US Cabinet meeting, hinting that further charges could be brought against Maduro. “He emptied his prisons in Venezuela, emptied his prisons into our country,” Trump said of Maduro, reiterating an unsubstantiated claim. “And I hope that charge will be brought at some point. Because that was a big charge that hasn’t been brought yet. It should be brought.”

The World Trade Organization (WTO) has convened a critical meeting in Yaounde, Cameroon, against a backdrop of global economic turmoil and rising protectionism. The organization is facing the threat of a 'disorderly collapse' if it fails to strike a new deal on global trade rules.WTO Director-General Ngozi Okonjo-Iweala warned that the old 'world order' is not returning, following a year of turmoil marked by US President Donald Trump's aggressive trade policies, including sweeping tariffs.“We will not get it back … We must look to the future,” Okonjo-Iweala said, emphasizing the need for a new approach. The global trading system is experiencing the 'worst disruptions in the past 80 years'.The US Trade Representative, Jamieson Greer, defended Trump's policies, stating that they were a 'corrective response' to a trading system that had overseen 'severe and sustained imbalances'. Greer argued that the 'new world order' would involve agreements between smaller groups, rather than waiting for consensus on a 'lowest common denominator'.The US is critical of the WTO's 'most-favoured nation' (MFN) principle, which governs 72 percent of global trade. China, however, defended the system, warning that abandoning MFN would open a 'Pandora's box'.The European Union signaled its desire to rethink MFN, citing concerns about China. UK Trade Minister Chris Bryant warned of potential fragmentation if no deal is reached on reforms, stating that ministers must 'get this week right' to avoid a 'disorderly collapse of the WTO'.

UK car production experienced a significant decline in February 2026, with 17% fewer cars rolling off production lines compared to the same period in 2025. According to the Society of Motor Manufacturers and Traders (SMMT), this downturn is attributed to a sharp drop in exports, which fell by 12% overall.The industry is sounding the alarm, describing the situation as 'extremely worrying.' Mike Hawes, chief executive of the SMMT, emphasized that these figures pre-date the crisis in the Middle East, which is expected to further strain the sector. The ongoing conflict has led to soaring global energy prices, potentially denting consumer demand and exacerbating the decline.UK carmakers are facing challenges in key markets, including China, where demand has cratered due to the rise of domestically made competitors. Additionally, US tariffs imposed by Donald Trump have put pressure on UK manufacturers. Exports to the EU did see a 5% increase, but this was offset by a 34% decline in exports to the US and a 66% plunge in exports to China.The production of battery-electric, plug-in hybrid, and hybrid cars also experienced a decline, falling by 3% to 26,629 units. Despite this, these vehicles accounted for 40% of total output.The industry's current challenges stand in stark contrast to the UK government's ambitions, as outlined by Labour, to have 1.3 million vehicles manufactured annually by 2035. This target is nearly double the 764,715 cars and vans produced in 2025.The SMMT has warned that if the UK is not fully included in the EU's proposed 'Made in Europe' manufacturing rules, European sales could take a hit. The Japanese carmaker Nissan has threatened to close its Sunderland plant if these rules are introduced, citing potential damage to the £70 billion-a-year cross-channel trade.

England and Uruguay ended in a 1-1 draw during their friendly match at Wembley Stadium. James Trafford, the Manchester City goalkeeper, made a quiet debut but was beaten by Fede Valverde's equalizing penalty, earning a rating of 6.Tino Livramento was untroubled in defense, supporting the attack with energetic runs, though connections were lacking, also scoring 6. Harry Maguire had a solid return to the international scene with booming passes and a set-piece threat, rated 6.Fikayo Tomori was unruffled in his first England appearance since November 2023, despite a toothless Uruguay attack, earning 6. Djed Spence was fine defensively but struggled as a right footer at left-back, checking back frequently, rated 6.Jordan Henderson was occasionally bypassed in midfield and offered little on the ball before being substituted at half-time, scoring 5. James Garner had a decent debut, delivering dangerous corners, rated 6.Noni Madueke won some corners but often held onto the ball too long and went off injured, earning 6. Phil Foden failed to deliver as the No 10 and may worry about his World Cup place, rated 5.Marcus Rashford had an underwhelming night, mostly dribbling into dead ends, scoring 5. Dominic Solanke tested Fernando Muslera from long range and worked hard without looking likely to score, rated 6.The substitutes had varied impacts: Jarrod Bowen was quiet, Adam Wharton offered urgent passing and a crucial block, Cole Palmer had a lively cameo and delivered the corner for the goal, and Dominic Calvert-Lewin headed wide from a free-kick.

Sony has announced a significant price hike for its PlayStation 5 consoles worldwide, with a $100 increase in the US, citing rising costs of key components such as memory chips. The price increase is effective April 2, with the standard PS5 now priced at $649.99, up from $549.99.The tech industry's rapid expansion of artificial intelligence infrastructure has led to a surge in demand for high-margin datacenter chips, reducing supply for consumer devices like the PS5. Additionally, Iran's recent attack on Qatar's natural gas export facility has threatened supplies of helium, a critical component in producing computer chips.Qatar supplies a third of the world's helium, and the shutdown is expected to slash helium exports by 14%. This reduction in supply is likely to drive up prices, particularly if the conflict prolongs. Helium is not only used in party balloons but is also essential for manufacturing semiconductors used in computers and various tech devices.The price hike is expected to dampen growth in the video-game market this year. This development follows Epic Games' announcement of cutting 1,000 jobs, citing sluggish console sales as one of the reasons. In the October-December holiday quarter, Sony's PlayStation 5 sales fell 16% from the previous year to 8 million units.Sony had previously raised PS5 prices by about $50 in the US in August last year. Microsoft also increased prices of its console, the Xbox, last year.

The US and Israel are intensifying their military campaign against Iran, with Senator Marco Rubio stating that the operation is expected to conclude in 'weeks, not months'. The conflict escalated with a surprise strike on 28 February that killed Iran's supreme leader, Ali Khamenei.Despite Iran's defiance and denial of negotiations, the US and Israel continue to target Iran's nuclear facilities and military sites. Israel's defence minister, Israel Katz, warned that attacks against Iran will 'escalate and expand' to additional targets and areas that assist the regime in building and operating weapons against Israeli citizens.The conflict has significant economic implications, with the Strait of Hormuz, a strategic waterway through which a fifth of the world's oil is usually shipped, being a key point of contention. The US has ordered thousands of marines and elite airborne troops to the region, possibly in preparation for a military effort to forcibly reopen the waterway.Iran has threatened to attack Saudi Arabia's Red Sea port of Yanbu and the Fujairah oil complex in the United Arab Emirates if a ground invasion takes place. The US president, Donald Trump, has issued an ultimatum to Iran, demanding that it allow free passage of shipping through the strait by 6 April or face the destruction of its energy plants.The conflict has resulted in significant casualties, with over 1,900 people killed and 20,000 injured in Iran, and 19 people killed in Israel. The humanitarian crisis in Lebanon has worsened, with a fifth of the population displaced and nearly 1,100 people killed.The G7 foreign ministers have reiterated the need for safe and toll-free freedom of navigation in the Strait of Hormuz and called for an immediate cessation of attacks against civilians and civilian infrastructure.

Asda's executive chair, Allan Leighton, has urged the UK government to take immediate action to support farmers and ease fuel costs, as the conflict in the Middle East threatens to drive up food prices. Leighton warned that food prices would inevitably rise as a result of the conflict, citing pressure on farmers from higher fertiliser, energy, and fuel costs.While Asda has so far received only a trickle of requests for cost price increases from suppliers, Leighton expects the pace of cost increases to be volatile and vary across different commodities. He also warned of temporary shortages at petrol stations as supplies are squeezed by the conflict, with the average price of unleaded petrol in the UK rising to 150p a litre.Leighton accused the government of benefiting from £3bn of income from fuel duties as prices rise and called on them to ease these duties or support farmers on energy or other costs. He suggested that tax from fuel duty should be redistributed to support farmers in some form.The Asda boss's comments come after Simon Wolfson, CEO of Next, suggested that clothing prices could rise by 4-10% if the conflict in the Middle East extends into the autumn and factories are hit by higher fuel and fabric costs. Daniel Ervér, CEO of H&M;, also warned that a prolonged conflict could have a significant impact on consumer spending and cause inflation.Asda's underlying profits dropped by a third to £764m last year, with non-fuel sales sliding 3.3% to £21bn. However, the company reported its first month of underlying sales growth in stores in almost two years in March, after resolving IT problems linked to a switch away from services provided by its former owner Walmart.

The recent developments in the conflict between the US and Iran have left global markets reeling. President Donald Trump's threat to attack Iran's civilian power infrastructure led to a surge in oil prices, a plummet in stock futures, and a climb in bond yields. However, the president quickly walked back his statement, announcing that talks with Iran were going well. This move, dubbed 'Taco' (Trump Always Chickens Out), was first seen during the tariffs crisis last year. The immediate market reaction was significant, with bonds and stocks recovering rapidly after Trump's statement. The S&P; 500 stock index jumped 1.5% by 9:30 am in New York, defying earlier futures contracts that signaled a 1% daily decline. However, Iran's response has shown that Trump's tactic may be losing steam. Iranian officials denied the 'productive conversations' Trump claimed had taken place, and launched missile attacks on Israel, Iraq, and other American allies in the Gulf. This has led to renewed market volatility, with oil prices rebounding and stocks giving up their gains. The article suggests that Trump no longer has control of events in Iran and that the conflict's outcome will likely be decided by Tehran. The Iranian regime has little incentive to back down, having already suffered significant losses but still capable of imposing enormous costs on the world by throttling the Strait of Hormuz and depriving the global economy of 12.5 million barrels of oil and 11.5 billion cubic feet of gas per day. As markets continue to react to the situation, it appears that Trump's 'Persian Tacos' may not be enough to calm investor nerves. The S&P; index lost 1.78% on Thursday, closing at a new low for the year, and the price of Brent crude hovered around $108.

Everton Football Club is set to offer David Moyes a new contract this summer, recognizing his achievements in turning the team around from relegation threats to potential European qualification contenders. Moyes, who took over in January of last year, has led the team to eighth place in the Premier League, just three points shy of the Champions League qualification spots. Initially viewed as a short-term solution by Everton's owners, the Friedkin Group, Moyes has proven his worth, prompting the club to consider extending his two-and-a-half-year deal. The Friedkin Group, who completed their £400m takeover of Everton the previous month, are now convinced that Moyes is the right manager to lead the club forward. Moyes' potential new contract could also come with increased influence over player recruitment, similar to his first stint at Everton from 2002 to 2013. The 62-year-old manager has downplayed discussions about a new deal, stating, 'I'm not too worried about that, I'm fine.' Everton's improvement under Moyes is notable, especially considering his preference for working with more experienced players, such as Jack Grealish and Kiernan Dewsbury-Hall, who joined last summer. This strategy contrasts with younger players like Tyler Dibling, who has made limited appearances. A potential complication for Everton's European aspirations is the ownership situation, as the Friedkin Group also owns AS Roma, currently sixth in Serie A. UEFA regulations prevent clubs under the same ownership from competing in the same European competition. However, the Friedkin Group is confident in their compliance and has an alternative solution in place to ensure both clubs can participate if they qualify for the same competition.