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Sports Apr 14, 2026

UEFA set to eclipse €1 billion in sponsorship, pushing club competition earnings past €6 billion

UEFA’s commercial arm UC3 is on track to generate over €1 billion a year from club‑competition spon…
UEFA is expected to secure in excess of €1 billion (£870 million) annually from sponsorships linked to its club tournaments starting next season, a surge of over 40% that will lift the governing body’s total commercial income past the €6 billion mark.The commercial joint venture UC3 – jointly owned by UEFA and its clubs – is finalising two flagship agreements: an official payments processor and a technology partner. These contracts will complete a roster of premium global partners and underpin the projected revenue jump.Long‑term sponsorships have already been locked in. AB InBev will serve as UEFA’s official beer partner, committing €230 million per year—far above the €120 million reserve price—while Pepsi will extend its soft‑drink partnership for another six years, also exceeding the reserve threshold. Nike is currently in exclusive talks to replace Adidas as the match‑ball supplier.These sponsorship gains complement a booming TV‑rights market. Rights sales in the UK rose 20% and in Germany 30% last year, with further tenders underway across 21 territories. UEFA now projects annual TV‑rights valuations to top €5 billion, meaning the combined commercial haul will comfortably exceed €6 billion.Relevent Football Partners, the American agency appointed by UC3, has overhauled UEFA’s sales process, creating a new “elevated partners” tier that bundles commercial rights across all three UEFA club competitions. This package offers exposure across 531 matches per season, far surpassing the 189‑match footprint of the Champions League alone.The influx of cash will primarily benefit the elite clubs. UEFA currently allocates 74% of its prize fund and 56% of club‑competition revenue to Champions League participants, with the remainder split between Europa League (17%) and Conference League (9%). Seven clubs already received over €100 million in prize money last season, led by Paris Saint‑Germain’s €144.4 million haul.Such concentration of wealth has reignited debate over revenue distribution. The Union of European Clubs (UEC) has proposed a revised split of 50‑30‑20 among the three competitions, directing a larger share into domestic leagues rather than straight to clubs. However, given the influence of the biggest clubs within UC3, the proposal faces an uphill battle.UEFA and Relevent declined to comment on the negotiations.
#uefa #pepsi #nike
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Commentisfree Apr 13, 2026

The Dark Side of US Politics: How Money is Warping the System

The influence of money in US politics is growing, with billionaires and corporations spending vast …
The US political landscape is increasingly dominated by money, with billionaires and corporations spending vast amounts to influence elections and policy. In California, signature collectors are being paid $15 apiece to gather signatures in support of countermeasures against a proposed billionaire tax.The crisis has escalated since the 2010 Citizens United decision, which shredded limits on independent corporate election spending, fueling the growth of cash-flush Super Pacs and anonymous dark money non-profits. In 2024, $1.5bn in Super Pac donations came from organizations that aren’t required to name their donors.The ruling has, on balance, boosted conservatives, with Republicans receiving a four-point electoral bump in states where Citizens United struck down existing bans on corporate donations. Meanwhile, rampant income inequality has fueled a parallel democratic deficit, with the richest 10% of Americans now owning 93% of the stock market.To rebalance the scales, alternatives such as public election financing are being explored, which helped Zohran Mamdani secure his mayoral victory in New York City last year. Currently implemented in 15 states and Washington DC, these programs issue grants, vouchers and matching funds that augment the power of small donations.Citizens United might also be circumvented by novel legal maneuvering, with states holding considerable authority to define the powers they grant to incorporated entities. In Montana, organizers are collecting signatures for a Transparent Election Initiative that would strip corporations of the power to engage in election spending.
#money #more #election
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World Economy Apr 13, 2026

Iran War Threatens to Push 32 Million into Poverty, Warns UN

A potential Iran war could plunge 32 million people worldwide into poverty due to economic fallout,…
The economic consequences of an Iran war could have devastating effects on global poverty, with 32 million people at risk of being pushed into poverty worldwide. The United Nations Development Programme (UNDP) warns that developing countries will bear the brunt of this impact. In a report released amid concerns over a fragile ceasefire, the UNDP highlights a 'triple shock' affecting energy, food, and economic growth. This conflict is reversing international development gains, with uneven regional impacts expected. Alexander De Croo, UNDP administrator and former Belgian prime minister, emphasizes that even if the war ends, its impact will persist, especially in poorer countries where people may be pushed back into poverty. He notes that those who had previously escaped poverty are now at risk of falling back into it. The report outlines three scenarios for the war's impact. In the worst-case scenario, involving six weeks of major disruption to oil and gas production and eight months of higher costs, 32.5 million people globally could fall into poverty. The UNDP uses the upper-middle-income poverty line, an international standard defined as income below $8.30 per person per day, calculated by the World Bank. To mitigate these effects, the UNDP suggests targeted and temporary cash transfers to protect vulnerable households in developing nations, estimating a cost of about $6 billion to neutralize the shocks for those falling below the poverty line. The agency also recommends interventions like temporary subsidies or vouchers for essential services. The news comes as Western governments face criticism for cutting aid spending amid economic pressures and increased defense spending. The UNDP and other international agencies stress the importance of maintaining or increasing development aid to support countries hardest hit by the economic fallout.
#iran #poverty #conflict
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Sports Apr 12, 2026

Nottingham Forest Boosts Survival Hopes with Draw Against Aston Villa

Nottingham Forest secured a crucial point in their relegation battle with a 1-1 draw against Aston …
Nottingham Forest and Aston Villa played out a 1-1 draw at the City Ground, a result that significantly boosts Forest's chances of avoiding relegation. Neco Williams's low strike cancelled out Murillo's own goal, securing a precious point for Forest.The match was marked by Villa's dominance, with Morgan Rogers and Ollie Watkins missing clear chances to score. Forest goalkeeper Matz Sels made crucial saves, including one from Ross Barkley's low shot. The draw moves Forest three points clear of the relegation zone.Despite Villa's pressure, Forest's defense held firm, with Matty Cash seeing an effort blocked late in the game. The result comes as a relief for Forest, who could have faced a more challenging situation had they lost.The draw also highlights Villa's inconsistent form, as they failed to capitalize on their chances. Unai Emery's side now looks to their upcoming Europa League semi-final against Forest.
#Nottingham Forest #Aston Villa #Neco Williams
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Environment Apr 12, 2026

Black and Indigenous Ecovillages Drive a ‘Reverse‑Gentrification’ Push to Reclaim Land

Across the United States, Black and Indigenous groups are forming intentional ecovillages that blen…
Zappa Montag walks through a 76‑hectare (189‑acre) forest of redwoods, madrones and oaks that he co‑manages with five other Black residents at Black to the Land in Boonville, California. Powered by solar panels and supplied by a well, the off‑grid ecovillage embodies Montag’s goal to “reverse‑gentrify the country” by creating a self‑sufficient sanctuary for Black people. Intentional communities—small groups united by shared values—have long served Black and Indigenous peoples, ranging from urban co‑housing to rural ecovillages. In the post‑slavery era, tightly knit Black networks relied on mutual aid for business and farming, a tradition that is resurfacing in places like Alabama, Massachusetts and California as a way to revive ancestral agricultural knowledge. Montag and his daughter Bibi Sarai first imagined Black to the Land in 2015, frustrated by the rapid gentrification of Oakland. After a 2021 introduction to the declining Emerald Earth Sanctuary in Mendocino County, the nonprofit transferred stewardship of the property to their group through a verbal and written agreement. Montag describes the hand‑over as a form of reparations—instead of cash, they invest time learning land stewardship. Tragedy struck in February 2023 when Bibi Sarai died unexpectedly. Yet, reports that visitors felt uplifted after summer stays convinced Montag to stay permanently, turning grief into a catalyst for the community’s growth. Today, the community—members ranging from their late 20s to mid‑50s—funds land maintenance through grants, workshops and fundraising. They host classes on building, gardening and foraging, while some members work remotely to cover personal expenses. African plant‑medicine practitioners prepare herbal remedies, and a partnership with Ghanaian ecovillage leaders introduces natural‑building techniques. In addition to cultivating vegetables, the residents construct clay dwellings, practice yoga, and collectively manage chores such as fire‑wood gathering and trench‑building to prevent driveway flooding. Self‑reliance is the guiding principle, especially amid today’s economic uncertainty. The BIPOC Intentional Community Council, founded in 2020, supports Black and brown groups in establishing similar settlements by providing funding, nonprofit‑formation workshops and land‑trust guidance. Board member Crystal Byrd Farmer notes a growing “back‑to‑the‑land” movement as people seek rural roots. While mainstream media sometimes label intentional communities as radical, Farmer argues they echo millennial human practices of mutual support. Most U.S. intentional communities remain majority‑white due to historic capital access, leaving people of color to feel culturally alienated in those spaces. In Alabama, the Ekvn‑Yefolecv ecovillage—run by Indigenous Maskoke families—reclaimed 3,105 hectares (7,674 acres) of ancestral land. Governed matriarchally, residents speak their language daily, practice traditional foraging, reintroduce buffalo and sturgeon, and share land title, offering a model of ecological sustainability and cultural preservation. Massachusetts hosts the Solidarity Arts & Education Decolonial Initiatives (SAEDi) collective, a communal home for women of color that blends art, food sovereignty and reparations work. Rent is adjusted to ability, and members contribute childcare, meals and chores. Plans include a garden, orchard, and a “green residency” program that will archive elders’ agricultural stories online, aiming to boost security for immigrant families amid rising xenophobia. The modern roots of Black intentional living trace back to 1969’s New Communities in Georgia, a civil‑rights‑era farming settlement that pioneered the nation’s first community land trust. Although federal opposition led to its collapse, a 2009 $12 million settlement acknowledged USDA discrimination. Today, the organization runs workshops on land stewardship and mentors new generations of Black farmers. For Montag, the land also serves as a personal memorial. A clay bench honors his late daughter Bibi Sarai, allowing him to “connect with humanity” and keep her spirit alive. Future plans include grief‑focused rituals and a memorial garden, underscoring the belief that joy and healing are essential components of communal living. Increased security and safety Marginalized groups view intentional communities as safe havens for preserving cultural practices and passing knowledge to youth. Elders’ expertise is documented for future generations, reinforcing resilience against systemic oppression. Empowering collective action From the civil‑rights farms of Georgia to contemporary ecovillages in California and Alabama, these settlements illustrate how shared land ownership, communal labor and cultural affirmation can counter gentrification, foster economic independence, and nurture intergenerational healing.
#Black Ecovillage Network #Indigenous Land Trust #Regenerative Agriculture
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Features Apr 11, 2026

Makeshift ‘University City’ Revives Gaza’s Academic Life Amid Ongoing Siege

A US NGO has built a modest ‘University City’ in al‑Mawasi, Gaza, providing up to 600 displaced stu…
The new academic term began in Gaza in late March, but the usual bustle of students catching buses to campus has been replaced by the stark reality of displacement.Israel’s relentless campaign has turned most university buildings into rubble and shelters, forcing a shift to online learning that many students in tents cannot access due to lack of electricity, water, food and reliable internet.Against this backdrop, a glimmer of hope has emerged. In the overcrowded al‑Mawasi district of Khan Younis, the US‑based NGO Scholars Without Borders has erected a makeshift “University City,” a wooden and metal structure designed to bring students back into a real lecture hall."Our mission is to bring education closer to students in a better environment," said Hamza Abu Daqqa, the organisation’s Gaza representative.The facility houses six halls that can accommodate up to 600 students each day. Powered by solar panels, it offers internet access, improvised green spaces and even a small business incubator to help students explore entrepreneurial ideas.University City operates on a rotating weekly schedule, allocating each day to a different institution so that multiple universities can share the limited space. Priority is given to courses that require hands‑on instruction, such as practical labs and discussion‑based classes.Prominent Gaza institutions—including the Islamic University, Al‑Azhar University and the Palestine College of Nursing—have already begun using the site.For many students, this is the first time in years they have set foot in a space that feels like a real university. "When I saw this place, I was amazed," said 20‑year‑old nursing student Mariam Nasr, who fled Rafah and now travels four kilometres on foot to attend classes.Another first‑year student, Amr Muhammad, echoed the sentiment: "Being here with other students, discussing and engaging in class makes a huge difference."The broader picture remains grim. UN experts have labeled Israel’s systematic targeting of Gaza’s academic sector as “scholasticide.” More than 7,000 university students and staff have been killed or injured, and over 60 university buildings have been completely demolished, according to the Euro‑Med Human Rights Monitor.Materials for University City were sourced entirely within Gaza, a testament to the community’s resilience amid soaring costs and scarce resources. Yet the initiative is hampered by the same blockade that restricts reconstruction supplies, fuel and safe transport.Students still face daily hurdles: damaged roads, limited cash, and unreliable transport—often relying on worn‑out vehicles, donkey carts or long walks. "My father could only give me eight shekels (about $2.64) for a ride," Mariam explained, highlighting the economic strain.Even once inside the halls, challenges persist. Power outages and unstable internet make it difficult to print materials or follow online lectures, forcing many to rely on old phones and intermittent connections.Nevertheless, the atmosphere inside University City is one of determination. "For medical education, in‑person learning is essential," said Dr Essam Mughari of the Palestine College of Nursing. "Seeing students gather again restores something vital."For students like Mariam, the drive to continue studying is deeply personal. "My cousin, a nurse, was killed when an airstrike destroyed her family’s house. I study to heal others and honor her memory," she said.While University City now serves hundreds daily, thousands of Gaza’s students remain without comparable facilities. Abu Daqqa stresses that the project is only the beginning: "We have built dozens of makeshift schools, but the need is far greater. Imagine what could be done if the needed resources were allowed through."
#students #gaza #but
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Sport Apr 11, 2026

County Cricket Day Two: McKinney Hits 214 Not Out, Surrey Duo Shine

The article provides a roundup of the second day's action in the County Championship, highlighting …
The County Championship saw several standout performances on its second day of action. Ben McKinney of Durham hit 214 not out against Gloucestershire, making him the youngest double centurion for Durham in history. McKinney and Alex Lees added 305 runs for the first wicket in just 58 overs.Ollie Pope and Jamie Smith of Surrey continued their impressive form, with Pope scoring 103 and Smith 166. Their partnership of 200 runs against Leicestershire has Surrey looking strong in the competition.Other notable performances included Jack Haynes's hundred for Nottinghamshire against Glamorgan, and Shoaib Bashir's four-wicket haul for Derbyshire against Lancashire.The day also saw Essex bowled out for 149, with Somerset facing similar challenges but for Craig Overton and James Rew's efforts.
#cricket #surrey #leicestershire
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Lifestyle Apr 11, 2026

How Smart Spending of Money Can Actually Enhance Happiness and Well‑Being

The column argues that while money cannot buy lasting joy on its own, strategic use of disposable i…
When wages have been stagnant for almost two decades and a simple tube of toothpaste now costs nearly £7 at a major supermarket, the claim that “money can’t buy happiness” feels increasingly dismissive. The argument rests on a narrow view of what money can achieve. Spending cash solely on material goods yields only short‑lived pleasure. In contrast, the ability to afford time, experiences and mental‑health support expands one’s sense of freedom and purpose. Even basic needs such as leisure have become commodified; more disposable income simply translates into more opportunities to pursue what matters. As someone diagnosed with ADHD, I have learned—through personal trial rather than formal neuroscience—how to secure a steady supply of dopamine. The cheapest route is not a quick thrill, but activities that provide lasting satisfaction, such as novel experiences and moments of awe. One vivid example came during a winter trip to rural France, where two feet of snow turned the landscape into a scene straight out of Narnia. The awe‑inspiring view was a reminder that nature’s restorative power is often accessible only to those who can afford the travel, in my case a budget flight with Ryanair. Research supports the intuition that higher income correlates with greater happiness. A 2023 study by psychologists at Princeton and the University of Pennsylvania found that people with higher earnings report higher life satisfaction, though money cannot resolve non‑financial sources of unhappiness. Even the world’s richest are not immune to the paradox. Earlier this year, Elon Musk—on track to become the first trillionaire—tweeted that anyone who says “money can’t buy happiness” must be missing something. While Musk’s wealth may not guarantee personal joy, the same resources could provide a foundation for happiness for billions facing financial strain. Nevertheless, hoarding wealth like a dragon does not equate to fulfillment. The column suggests that redirecting a portion of vast fortunes toward travel, cultural enrichment, and shared experiences could transform isolated wealth into collective well‑being. In short, financial stability reduces stress and broadens horizons. It allows individuals to invest in the intangible assets—time, relationships, awe‑inducing experiences—that truly enrich life.
#Elon Musk #experience economy #behavioral economics
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Sport Apr 11, 2026

Premier League faces £4 million sponsorship shortfall as gambling ads disappear, and a personal betting trial reveals why sport betting is built to unsettle

Barney Ronay details a five‑day experiment trying to turn £10 into £1,000 through football betting,…
Barney Ronay set out to test whether a disciplined betting strategy could turn a modest £10 stake into a sizeable profit. Over five days he managed to grow the amount to £120, a return that sounded impressive but left him emotionally flat. His experiment underscores a broader truth: sport betting is engineered to disturb and addict. The personal journey is set against a looming financial shock for English football. Nine Premier League clubs have warned they cannot replace the cash flow previously supplied by gambling sponsors, which will be barred from shirt‑front advertising next season under a voluntary industry agreement. One club executive summed up the anxiety: “Nearly everyone is losing money.” The shortfall is estimated at around £4 million for the affected clubs. These concerns arrive at a time when the gambling sector itself faces scrutiny. Recent data show that up to 1.4 million UK adults may have a gambling problem, a figure that has risen alongside the proliferation of mobile betting apps. The Guardian previously reported that the world‑champion club could incur losses of £335 million in a single season, illustrating the massive financial stakes involved. Ronay’s betting log reads like a sports‑fan’s diary. He began with a £10 wager on a Florida horse race, which paid out modestly. Subsequent bets on high‑profile matches – Manchester City versus Liverpool, Southampton beating Arsenal in the FA Cup – produced a rapid climb to £120. Yet each win felt hollow, prompting him to chase larger, riskier bets such as a four‑way accumulator on the Champions League semi‑finalists, a gamble that ultimately fell short. Beyond the numbers, the piece highlights how gambling permeates the football experience: logos dominate club kits, betting terminology infiltrates fan conversation, and promotional offers tempt even casual viewers. Ronay argues that this saturation turns a simple pastime into a “highly available, stimulating activity designed to hook” users, exploiting the brain’s natural reward pathways. In concluding, Ronay stresses two take‑aways. First, the industry’s promise of “extra money” for clubs is a façade – the money only comes out of fans’ pockets. Second, the impending £4 million sponsorship gap may actually serve as a catalyst for sensible self‑regulation, forcing clubs to reconsider reliance on gambling revenue.
#you #gambling #there
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