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Economy Apr 06, 2026

US Defense Contractors and Oil Giants Rake in Record Profits as Iran Conflict Pushes Gas Prices Over $4

Five weeks into the US‑Israel war with Iran, soaring gas prices have lifted US crude to over $110 a…
Two weeks after the United States and Israel entered a direct conflict with Iran, the White House faced mounting criticism that the war would drive up fuel costs and anger voters. Former President Donald Trump attempted to calm concerns on Truth Social, noting that the United States is the world’s largest oil producer and that higher prices translate into higher revenues for American companies. Now, five weeks into the hostilities, the reality is becoming clear: defense contractors and oil companies are the primary beneficiaries of the escalating energy market. The Department of Defense announced that Boeing will partner with Lockheed Martin to triple U.S. production of missile seekers, a move that sent Lockheed Martin’s stock up 25% since the start of the year. The announcement also lifted Boeing’s share price, underscoring how wartime procurement is boosting aerospace valuations. At the same time, Iran’s continued blockade of the Strait of Hormuz—through which roughly one‑fifth of global oil and gas flows—has pushed U.S. crude from $65 to over $110 per barrel in just a month. Pump prices have mirrored this surge, breaking the $4‑a‑gallon barrier for the first time since 2022. Oil majors have responded with sharp stock gains; ExxonMobil, Shell and Chevron have each risen more than 20% year‑to‑date. According to market‑research firm Rystad Energy, U.S. oil producers stand to earn an additional $63 billion as barrels trade above $100. “Oil prices in March have been materially higher than anyone expected, delivering a windfall for the vast majority of U.S. energy companies,” said Leo Mariani, senior analyst at Roth Capital Partners. The last comparable price shock occurred in 2022 after Russia’s invasion of Ukraine, when U.S. gasoline peaked at $5 per gallon and inflation surged to 9%. That episode generated $916 billion in global oil‑and‑gas profits, with U.S. firms accounting for $281 billion. Chevron’s subsequent $75 billion stock‑buyback program—seven times its prior year’s amount—illustrates how quickly companies can translate price spikes into shareholder returns. Research by economists Gregor Semieniuk and Isabella Weber revealed that in 2022, 50% of oil‑company profits went to the top 1% of Americans, while the bottom half of the wealth distribution captured just 1% of those gains. Analysts warn that the current conflict could generate even larger windfalls because it has damaged actual production capacity in the Middle East, not merely reshuffled supply. “You’re benefiting a lot more from higher prices than you are from lost production,” Mariani noted, emphasizing the outsized profit potential. Even if hostilities cease, restoring pre‑conflict output in the region may take months, prolonging the supply crunch. As senior fellow Clay Seagle of the Center for Strategic and International Studies explains, the current situation differs from 2022: “Now we’re dealing with a much more severe supply event because the oil has been actually removed from the market.” Prolonged high prices could eventually curb demand, as consumers and businesses seek alternatives—a shift seen after the 1970s oil shocks when the U.S. moved away from oil‑generated electricity. Nonetheless, many sectors remain vulnerable: diesel, a key fuel for trucks and aircraft, has risen 40%, and airline stocks such as United and American have fallen more than 15% since the year began. Moreover, disruptions to liquefied natural gas (LNG) production threaten fertilizer supplies essential for agriculture. Semieniuk cautions that “we’re approaching the kinds of disruption levels we saw in 2022, and with that, the kinds of profits that we saw there. If this takes longer, it’s going to surpass that.”
#Lockheed Martin #Exxon Mobil #Chevron
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World Economy Apr 06, 2026

The UK's Cost of Survival Crisis: How Struggling Families Are Fighting to Make Ends Meet

The article discusses the struggles of low-income families in the UK, who are facing a 'cost of sur…
The cost of living crisis in the UK has become a persistent reality for many low-income families, who are struggling to make ends meet. The situation has worsened due to the ripple effects of the war in Ukraine, with companies expected to raise prices rapidly in the coming months.The author, Ella Michalski, is part of Changing Realities, a collaboration of parents and low-income families from across the UK. She shares her personal experience of struggling to get by, with her family relying heavily on their car due to her daughters' complex needs. The financial circumstances of her family have not significantly improved in the past five years, despite her partner working.The article highlights the need for more support from the government, particularly for families with dependent children. The recent abolition of the two-child benefit cap and the rise in the minimum wage are seen as positive steps, but more needs to be done to address the root causes of poverty. The author also calls for changes to universal credit, including ending the punishing five-week wait for a first payment.The government's crisis and resilience fund (CRF) is seen as a step in the right direction, but its accessibility and effectiveness are concerns. The author argues that the government needs to target cost of living support at those who need it most, with a recognition that families with dependent children need more support.
#more #families #cost
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Sport Apr 06, 2026

Arslanbek Makhmudov Prepares to Face Tyson Fury: 'I Will Do Everything to Win'

Arslanbek Makhmudov, a 6ft 5½in Russian boxer, is set to face Tyson Fury at the Tottenham Hotspur S…
Arslanbek Makhmudov, the towering Russian boxer, is gearing up to face Tyson Fury at the Tottenham Hotspur Stadium in London on Saturday night. The 6ft 5½in Makhmudov, who tips the scales at around 270lbs, brings a formidable physical presence to the ring, with 19 of his 21 victories ending in a stoppage.Makhmudov, known for his respectful demeanor, has been praising Fury, calling him 'the professor' and acknowledging his exceptional boxing IQ. However, he believes that spiritual strength will play a crucial role in the fight, stating, 'Inshallah, it is spiritual.'Despite being the underdog, Makhmudov is confident in his abilities, citing his hard-hitting power and mental toughness. He has also drawn inspiration from his past experiences, including a surreal encounter with a bear in Moscow, which he described as 'very terrible.'Makhmudov's faith plays a significant role in his life, and he credits it for giving him the strength and confidence to face Fury. He prays five times a day and believes that with God on his side, he can overcome any obstacle, including a 60,000-strong pro-Fury crowd.Fury, known for his trash-talking, has surprisingly echoed Makhmudov's respectful tone, with Makhmudov appreciating the friendly banter between them. The two fighters have a mutual respect for each other's skills, with Makhmudov acknowledging Fury's legendary status in the boxing world.
#but #makhmudov #his
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Entertainment Apr 06, 2026

Aisling Bea’s ‘Older Than Jesus’ Tour Marries Irreverent Humor with Motherhood Reflections

Irish comedian Aisling Bea, now 42, debuts her first solo stand‑up tour ‘Older Than Jesus’, mixing …
Aisling Bea, 42, finally steps onto the solo stand‑up circuit with a 75‑minute show titled “Older Than Jesus.” The title, a tongue‑in‑cheek nod to the mid‑life milestone of outliving the biblical figure, hints at the personal reflections that anchor the performance. Although Bea is best known for TV hits and a stint on Taskmaster, this is her inaugural headline tour. The material draws heavily on her recent “accidental pregnancy” and the ensuing transition to motherhood, offering a candid look at the chaos and comedy of late‑stage parenthood. True to her reputation, Bea’s humor remains delightfully reckless. She riffs on childhood memories of crafting DIY Dairylea spreads with second‑hand “bodies of Christ,” reenacts a disastrous Take That movie wrap‑party, and even masquerades as a dad in her sister’s antenatal class. Each anecdote is delivered with a cartoonish egotism that celebrates her own absurdity. Physical comedy spikes the night: a deliberately over‑the‑top “slut drop” followed by a playlist curated for her own C‑section. These moments juxtapose the glamour‑obsessed persona she projects on Instagram with the far less polished reality of a new mother, underscoring the show’s central tension. In the closing segment, Bea pivots from pure silliness to a more earnest commentary, using pregnancy and parenthood as lenses to critique entrenched gender expectations. The moral—delivered with a sincere, if slightly unexpected, earnestness—offers a satisfying resolution to a set that otherwise revels in delightful immaturity. The premiere took place at De Montfort Hall in Leicester on 8 April, with the tour set to continue across the UK in the weeks ahead.
#Aisling Bea #Older Than Jesus #Stand-up comedy
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Sport Apr 06, 2026

Six Unforgettable Sporting Triumphs That Defined Pure Joy

A curated look at six iconic moments of elation in sport—from Caroline Wozniacki’s emotional Austra…
1. Caroline Wozniacki – Australian Open 2018: After 67 weeks atop the WTA rankings without a Grand Slam title, the Danish star finally broke through at the 2018 Australian Open. Facing world‑number one Simona Halep in the final, Wozniacki saved match points, abandoned her defensive style, and surged ahead to claim her first major, collapsing in tears as she declared, “I dreamed of this moment for so many years.”2. Fermín Cacho – 1500m Gold, Barcelona 1992: The Spanish runner seized an unexpected victory in a tactical race that unfolded at a snail‑pace pace. With the field hesitant, Cacho surged from the inside lane, powered a 50‑second final lap and crossed the line in 3:40.12 – a time described as “the slowest winning time you could possibly imagine.” His triumph ignited a national celebration, cementing his status as an Olympic legend.3. Max Holloway – UFC BMF Belt Showdown 2024: The featherweight champion delivered a cinematic finish against Justin Gaethje, opting to trade blows in the final seconds rather than await a decision. Holloway’s knockout with one second left created a historic moment in mixed‑martial‑arts, underscoring his reputation for relentless aggression and love of pure, unfiltered competition.4. Garrincha – World Cup Glory 1958 & 1962: Brazil’s “Joy of the People” dazzled the world with his unorthodox dribbling and infectious charisma. Despite a physical handicap, he helped Brazil capture back‑to‑back World Cups, earning player‑of‑the‑tournament honors in 1962 and becoming a cultural icon whose legacy is measured more by the happiness he sparked than by trophies alone.5. Lungi Ngidi – Test Debut vs India, 2018: The South African fast‑bowler announced himself by dismissing cricket superstar Virat Kohli and finishing with figures of six for 39, earning player‑of‑the‑match as South Africa won by 135 runs. Ngidi’s grin after the wicket captured the pure exhilaration of a young athlete realizing a lifelong dream.6. Marco Tardelli – World Cup Final 1982: In the decisive match for Italy, Tardelli’s thunderous celebration after scoring the equaliser resonated with an estimated 56.7 million Italians. His iconic scream, later described as “the moment it came out,” epitomises the raw, uncontainable joy that sport can unleash.
#but #her #joy
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Sports Apr 06, 2026

Spanish Coaching Blueprint Outshines German Man‑Marking as Europe’s Champions League Powerhouse

The article argues that Spain’s possession‑based, positionally disciplined coaching model has becom…
German coaches have long joked about “following your opponent into the loo”, a tongue‑in‑cheek reference to the old‑fashioned man‑marking system that once defined their defensive work‑rate. That approach resurfaced after Atalanta’s surprise Europa League triumph in 2024, but the tactic proved disastrous when the Italian side faced Bayern Munich in the Champions League round‑of‑16, suffering a 10‑2 aggregate defeat that highlighted its limitations against superior individual talent.While a few Bundesliga sides have begun to experiment with tighter marking again, the author warns that such a strategy can only serve as a short‑term surprise element – it cannot sustain a full 90‑minute match on a pitch that is simply too large for pure man‑to‑man battles.In contrast, Spanish teams continue to perfect a ball‑oriented defensive structure built on clearly defined positions, coordinated movement and a collective “swarm” that shifts the battle into the opponent’s half. This philosophy demands constant cooperation and tactical intelligence, turning one‑on‑one duels into moments of brilliance rather than the default defensive method.The results speak for themselves: Spanish clubs have captured 24 titles across the Champions League, Europa League and Cup Winners’ Cup since 2000, far outpacing England’s 11, Italy’s five and Germany’s four. Over the past twelve seasons, La Liga has supplied the Champions League winner in seven instances, and this year it again provides the most quarter‑finalists – Real Madrid, Barcelona and Atlético Madrid.Even when Spanish clubs are not the outright favourites, their influence permeates the competition. Managers such as Mikel Arteta and Luis Enrique, both products of the Barcelona coaching lineage, embed the Spanish style into English and French clubs respectively, while still adding their personal nuances.Spanish coaches now dominate the European scene: in the last‑16 stage of the three major tournaments, eleven managers are Spanish, more than double the count from any other nation, and three Spaniards are already represented in the quarter‑finals.Notable figures include Xabi Alonso, who halted Bayern’s dominance with Bayer Leverkusen, Unai Emery, who consistently elevates second‑tier clubs like Aston Villa, and Cesc Fàbregas, who is reshaping Serie A with Como. Even Pep Guardiola, after a rare Champions League exit, is reinventing his Manchester City side with fresh personnel and tactical tweaks, proving that even the most successful systems must evolve.At the national level, Luis de la Fuente has overseen Spain’s rise to European glory, guiding the senior side to the 2024 Euro title and adding two more continental crowns in the past five editions – a dominance unmatched since Germany’s golden era of the 1970s‑80s.By contrast, Italy’s historic football school appears to be in decline. No Italian club has reached this year’s Champions League quarter‑finals, and the national team failed to qualify for the World Cup for the third consecutive time, underscoring a widening gap between the Spanish and Italian models.The resurgence of man‑marking in Germany, even among elite defenders like Vincent Kompany at Bayern, hints at a possible tactical swing, but the author cautions that without a broader strategic framework it may prove as fleeting as the Atalanta experiment.Ultimately, the article posits that the Spanish coaching philosophy – a blend of technical excellence, positional discipline and collective intelligence – has become the benchmark for European success, leaving rivals to either adapt or risk obsolescence.
#Real Madrid #FC Barcelona #UEFA Champions League
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Film Apr 06, 2026

Rediscovering Elvira Notari: Italy’s Forgotten Female Filmmaker Revived in ‘Beyond Silence’ Documentary

A new documentary, *Elvira Notari: Beyond Silence*, restores the legacy of Italy’s pioneering femal…
Elvira Notari—Italy’s first and most prolific female filmmaker—crafted a vivid portrait of early‑20th‑century Naples through melodramas such as È piccerella (1922). The film opens with bustling pilgrimage scenes at the Candelora festival, juxtaposing flamboyant revelry with stark images of poverty, a visual strategy that challenged the sanitized narratives favored by the fascist regime.According to film scholar Giuliana Bruno, Notari’s work was driven by a desire to document reality, exposing class tensions and gendered oppression that Mussolini’s censors deemed unacceptable. A 1928 censorship law explicitly banned Neapolitan films featuring “stallholders, beggars, urchins, dirty alleyways,” effectively silencing Notari’s authentic street‑level storytelling.Despite directing around 60 feature films—many hand‑coloured—alongside her husband Nicola at Dora Film, only three titles (A Santanotte, È piccerella, Fantasia ‘e surdato) and fragments survive today, a loss directly attributable to fascist suppression and the prohibitive cost of sound‑film conversion.The newly released documentary Elvira Notari: Beyond Silence, produced by Antonella Di Nocera and directed by Valerio Ciriaci, reconstructs Notari’s fragmented career by collaborating with contemporary “artisans”—photographers, visual artists, novelists, and musicians who reinterpret her silent‑film aesthetics. Ciriaci notes that the absence of personal archives made the film’s investigative approach essential, turning Notari’s silence into a creative catalyst.Critics emphasize Notari’s lasting influence on Italian‑American auteurs such as Francis Ford Coppola and Martin Scorsese. Elements of her chaotic street festivals anticipate the wedding scenes in *The Godfather* and *Goodfellas*, while her raw urban tableaux echo the gritty New York sequences of *Taxi Driver*.Beyond cinematic technique, scholars like Cristina Jandelli argue that Notari’s intertitles reveal a pronounced class consciousness and a critique of women’s marginalisation in early 20th‑century Italy. Her use of Neapolitan dialect and unvarnished depictions of squalor directly opposed the regime’s propaganda‑driven vision of a unified, pristine Italy.After Dora Film collapsed in 1930, Notari retired to Cava de’ Tirreni and died in 1946, largely forgotten until recent scholarly revival. The documentary positions her as a “symbol of the right to memories,” underscoring the ongoing relevance of silenced female voices in cultural history.*Elvira Notari: Beyond Silence* will premiere at New York’s Film Forum on 6 April 2026 and tour the United Kingdom throughout April and May, offering audiences a chance to reconnect with a pioneering filmmaker whose work was once erased by fascism.
#notari #her #she
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Business Apr 06, 2026

Breaking Free from Toxic Masculinity: A Business Founder's Regret

A business founder reflects on the limitations of traditional masculinity and its impact on persona…
Guy Singh-Watson, founder of organic veg box company Riverford, has expressed deep regret for the decades he spent confined by traditional masculinity. On International Women's Day, he found himself in a crowd of mostly women, listening to his wife discuss her experiences. This encounter made him realize that many issues discussed on IWD relate to male behavior, and men should be paying attention. Challenging Traditional Masculinity: Singh-Watson notes that success in farming and most businesses depends on building and maintaining relationships. He recalls that when Riverford first measured its gender pay gap in 2017, women earned an average of 91p an hour compared to their male colleagues' £1. Despite efforts to address the issue, progress was slow until a new, younger female farm manager, Maddie, took charge and transformed the workplace culture. Under Maddie's leadership, Riverford became one of the few veg farms with a waiting list for pickers. The company achieved this by creating a fun, emotionally safe, and fulfilling work environment. Singh-Watson acknowledges that he and other men in leadership roles often struggle with sensitive issues and tend to turn to women for resolution. A Shift Towards Inclusivity: The cultural shift at Riverford began with its transition to employee ownership in 2018. This process required introspection and evaluation of decision-making processes. With the help of a business change coach and the company's head of HR, a genuinely inclusive culture was built. As a result, Riverford now has a negative gender pay gap, with women earning 1.56% more per hour than men. Singh-Watson emphasizes that men can change and that embracing emotional literacy – kindness, openness, empathy, and compassion – makes them stronger. He encourages men to cast off limiting beliefs around what it means to be a man and to support each other and the women in their lives. Ultimately, inclusivity benefits everyone, and men must take responsibility for creating a more equitable and compassionate work environment.
#Harvard Business Review #LinkedIn Learning #Brené Brown
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Sports Apr 06, 2026

Sha’Carri Richardson clinches $40,000 scratch win at 2026 Stawell Gift in dramatic finish

American sprint star Sha’Carri Richardson captured the women’s 120‑metre Stawell Gift from scratch,…
Sha’Carri Richardson, the Olympic 100m silver medallist and world‑ranked sixth‑fastest woman, delivered a thrilling victory at the 144th Stawell Gift on Easter Monday, crossing the finish line in a record 13.15 seconds to claim the $40,000 top prize.The 26‑year‑old American entered the historic Australian event – the nation’s oldest and richest running race – as a scratch runner, meaning she started from the zero‑metre mark while rivals enjoyed handicaps based on prior performance.In the women’s final, Richardson edged out Charlotte Nielsen (13.20s) and Chiara Santiglia (13.36s) after a false start by 17‑year‑old Grace Crowe forced the latter to move her blocks back a metre, effectively shortening Richardson’s target.Her semi‑final had been a nail‑biter; Richardson eased up at the line and won by a razor‑thin seven thousandths of a second over Halle Martin, prompting her coach Dennis Mitchell to stress the need for a stronger finish.“I think I realised I was going to win right past 90 metres,” Richardson said post‑race, adding, “The love, the support, the true enjoyment that I had on the track … you all made this moment happen. Thank you.”Richardson’s triumph makes her the third woman ever to win the Stawell Gift from scratch, underscoring the event’s growing international stature and the lucrative incentive for elite sprinters.In the men’s 120‑metre final, Australian Olufemi Komolafe – a 21‑year‑old medical student – secured victory in 11.93 seconds from a five‑metre handicap, with Jake Ireland second in 12.07 seconds. Komolafe expressed disappointment at not facing his idol, fellow American sprinter Christian Coleman, who failed to qualify for the final, finishing fifth in his semi‑final off scratch.Coleman reflected, “I gave it everything I got. You give them that much of a margin, it’s pretty tough. I hope everybody continues to watch and support athletics. I’m looking forward to a strong season and improving my 40‑to‑100 metre transition.”
#Sha’Carri Richardson #Stawell Gift #120‑metre sprint
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