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The notion of governments controlling prices has long been considered taboo in modern economics. However, with the resurgence of inflation and its far-reaching consequences, this stance is beginning to shift. Politicians are now exploring the possibility of intervening in the market to regulate prices, a move that would have been deemed unthinkable just a few decades ago.The Austrian economist Friedrich Hayek had argued that governments lacked the necessary information to make informed decisions about prices, leading to inefficiencies in state-run economies. Nevertheless, as market economies have struggled to provide affordable essentials like energy and housing, interest in state-regulated prices has begun to grow.Examples from Mexico and Spain demonstrate the effectiveness of government intervention in controlling prices. In Mexico, the left-wing president Andrés Manuel López Obrador and his successor Claudia Sheinbaum have capped the prices of essential goods, while in Spain, the centre-left government of Pedro Sánchez has implemented a national rent freeze and energy price cap.In the UK, Zack Polanski of the Green party has advocated for a wider price reset, while Andy Burnham, a possible Labour leadership candidate, has also called for more state involvement in the economy to reduce prices. Burnham's experiences as mayor of Greater Manchester, where he has brought buses back under public control, have informed his arguments.The pressure for the UK to adopt similar measures is mounting, with a majority of British voters supporting nationalizations to get prices under control. As inflation continues to rise, it remains to be seen whether the UK government will follow the example of countries like Spain and Mexico.

Sarah Strong, the 6ft 2in UConn forward, is chasing her second championship in as many years with an undefeated squad that hasn’t lost in 52 games dating back to last year. As a freshman, Strong thrived defensively in the 2025 NCAA tournament, while scoring the most points by a freshman in tournament history with 114.In her second season, Strong has been even more dominant. Her impact on both sides of the ball is so deep that she was named the Big East Player of the Year and the Big East Defensive Player of the Year. She’s the favorite to win the National Player of the Year award next month.This season Strong averaged 18.4 points, 7.5 rebounds, 4.1 assists, and 3.3 steals all while shooting 60.0% from the field. UConn coach Geno Auriemma praised her unique ability to play like a guard and play like a big guy.Unlike other collegiate women’s players with similar talent, such as Caitlin Clark, there is nothing flashy about Strong. She plays with certainty and lets her game do the talking. Her media commitments are increasing, but she remains uncomfortable with the spotlight.Strong’s poise, calm, and off-the-charts IQ have produced results impossible to ignore. Her parents, including former WNBA player Allison Feaster, instilled in her a respect for the game and family values.UConn assistant Jamelle Elliott quietly scouted Strong in ninth grade before the hype arrived and she became the country’s top recruit. Auriemma agreed with Elliott’s assessment, noting that Strong already had the skills that great players learn over time.With her star growing rapidly, Strong has inked NIL deals with Jordan Brand, Unrivaled, and Madison Reed. She had 18 points in each game as UConn rolled to first- and second-round wins last week, setting up Friday’s Sweet 16 matchup with North Carolina.

US investors are making significant inroads into Indian cricket, with two separate deals worth a combined $3.41 billion being announced on the same day for teams in the Indian Premier League (IPL).The deals involve the acquisition of the Rajasthan Royals for $1.63 billion by a consortium backed by US businessmen Kal Somani and Rob Walton, the former Walmart chairman. Additionally, the reigning champion Royal Challengers Bengaluru was bought for $1.78 billion by another consortium that includes US billionaire David Blitzer’s Bolt Ventures and US asset manager Blackstone.These transactions underscore the increasing allure of India’s national pastime among international investors seeking to tap into the most popular sport in the world’s most populous country. The valuations for the two teams represent a substantial jump from their original 2008 sales, when liquor baron Vijay Mallya bought RCB for $111.6 million, and Rajasthan sold for $67 million.The IPL, which features the sport’s shortest format called Twenty20, has developed into cricket’s hottest property. In 2022, the broadcast rights for the 2023-27 cycle were bought for $6.4 billion by Disney Star and Reliance Viacom18.“It’s mind-boggling numbers,” Indian cricketing great Sourav Ganguly told local reporters. “But great news for Indian cricket and the way forward. I think it’s already as big as the NBA.”Sport teams overall have become a major target of global investments, as businesses try to tap into new markets abroad and spending from their fan bases. Deloitte analysts wrote in an outlook published last month that the industry is “entering an age of expansion” — and that private equity deals across sports leagues have jumped in recent years.

The Oklahoma City Thunder, a team once considered vulnerable, has surged ahead in the Western Conference with 12 wins in their last 13 games. Their recent performance has sparked discussions about their character and vibes, both on and off the court.At the heart of the Thunder's success is star player Shai Gilgeous-Alexander, known for his mechanically brilliant gameplay and deadly midrange jumper. This season, he's added a step-back three-pointer to his arsenal, producing more viscerally awesome moments than ever before. A notable example was his game-winning three-pointer against the Denver Nuggets on March 9, showcasing his clutch performance.Gilgeous-Alexander's personality, though sometimes quirky, has endeared him to fans. His love for fashion is evident in his game-day attire, from a mustard-colored leather suit to a fur coat. The Thunder's team dynamic is also characterized by their tendency to conduct on-court interviews in groups, showcasing their camaraderie.While some critics have labeled the Thunder as 'nerdy' and 'authentic,' these traits have become a breath of fresh air in the NBA. Their decision to decline a visit to the White House, citing a 'timing issue,' and their refusal to engage in certain political discussions, have also sparked conversation.Compared to other top NBA teams, the Thunder's quirks are a refreshing change. Unlike the Boston Celtics' reliance on three-pointers or Victor Wembanyama's sanctimonious views on the Spurs' playing style, the Thunder's approach is seen as more genuine. Even their defensive strategy, fueled by effort and creativity, as seen when Alex Caruso tried to block a shot with his shoe, has garnered admiration.As the Thunder continue to excel, their authenticity and team spirit are likely to win over more fans. Despite potential animosity from other teams, the Thunder's unique blend of personality and performance is set to make them a beloved team in the NBA.

Prem Rugby is set to introduce a significant change to its financial structure by implementing a minimum salary floor of £5.4m for each club next season. This move is part of a broader strategy to enhance competitiveness within the league. The decision was made by the Rugby Football Union Council last month, which also included the decision to ringfence the existing 10-team Prem until the 2029-30 season.The introduction of the salary floor is a key component of Prem Rugby's growth plan, which includes expansion windows every four years. This means that up to two new clubs could join the league, provided they meet the required minimum financial and sporting standards. The first tender process for new clubs is slated for 2027, with potential new members possibly joining Champ Rugby the following season and moving up to Prem Rugby in 2028-29 if they reach the playoffs.Prem Rugby's chief executive, Simon Massie-Taylor, emphasized that the league's vision is to become the best league in the world. However, this does not mean exceeding the financial capabilities of other leagues and creating wage inflation. The new salary floor is £1m lower than the current cap, which will remain unchanged for next season. Massie-Taylor highlighted that any future increases to the salary cap will be based on a formula as part of financial control measures.As part of its growth strategy, Prem Rugby also aims to host several 'Big Games' to appeal to a wider fanbase. The ambition is to have 10 Big Games by 2030, including the final and potential neutral playoffs. One example of this initiative is England's game against Fiji at the Hill Dickinson Stadium in Liverpool this summer, which could set a precedent for future events.

Marcelo Bielsa, the charismatic and intense manager of Uruguay, returns to England for a friendly match against the host team on Friday. This visit comes four years after he left Leeds United, where he had a hugely successful stint, earning promotion to the Premier League and restoring the fanbase's faith in football. Bielsa's managerial style, known for its radicalism and emphasis on playing the right way, has been both admired and criticized. His teams are known for their high-intensity performances, but also for the physical and mental toll it takes on players. His departure from Leeds United was marked by a boom-bust pattern, where his teams initially perform well but eventually suffer from fatigue and decreased results. During his time at Leeds United, Bielsa was praised for his commitment to social responsibility, having players pick up litter to instill a sense of community and responsibility. His approach to football extends beyond the pitch, emphasizing the role of the sport in society. Uruguay's recent performances have been inconsistent, with a 5-1 friendly defeat to the USA in November 2023 being a significant low point. Luis Suárez, a key player, publicly criticized Bielsa, accusing him of isolating players and creating a culture of fear. Suárez's retirement from international football and subsequent comments have added to the uncertainty surrounding Bielsa's tenure. The upcoming friendly against England provides an opportunity for Bielsa to address these concerns and work towards restoring confidence in his team. Getting key players back in form, such as Darwin Núñez, who has not scored an international goal in 11 games, will be crucial. Bielsa's third World Cup may be his last chance to make a significant impact on the global tournament, and he will be looking to make a strong impression.

New Zealand football players have expressed their willingness to play their FIFA World Cup 2026 match against Iran outside the United States, citing the ongoing geopolitical tensions between the US and Iran. The match, scheduled for June 15 in Los Angeles, has been put into doubt due to Iran's threat to boycott fixtures on US soil.The Iranian Football Federation has raised concerns over the fixture, following the recent escalation of tensions between Iran and the US-Israel alliance. Despite this, New Zealand's players remain committed to the match and are prepared to adapt if necessary.Ryan Thomas, a Netherlands-based midfielder for New Zealand, emphasized that Iran has earned its spot in the World Cup and that the team would be able to manage the extra attention generated by the match. 'They deserve to be there as qualifiers,' he told Reuters. 'If we've got to play them in Mexico or Canada, then yeah, we play them there. It's not really a big deal for me.'New Zealand's team is set to be based in San Diego, California, which is close to the Mexican border. Mexican President Claudia Sheinbaum has indicated that her country would be open to hosting Iran's World Cup fixtures, should a venue switch be necessary.Kosta Barbarouses, an Australia-based winger for New Zealand, echoed Thomas's sentiments, stating that a venue switch would not disrupt the team's preparations. 'I don't think it would derail our preparation at all,' he told Reuters. 'We've got a base before our first game, anyway. So, yeah, I don't see why not.'FIFA has declined to comment on the possibility of switching venues for Iran's games but has stated that it is in contact with the Iranian Football Federation and looks forward to teams competing as per the current match schedule.

The WNBA has taken a major step forward with the unanimous ratification of a new collective bargaining agreement (CBA) by its board of governors. This landmark deal, which has also been approved by the players, will run through 2032 and marks a significant improvement in player compensation. Under the terms of the new agreement, the minimum salary for players will be $270,000, a substantial increase from the maximum salary of about $250,000 last season. Top players will see their earnings rise dramatically, with the supermax salary set at $1.4 million. Additionally, the salary cap for each team will be $7 million, up from $1.5 million in 2025. WNBA Commissioner Cathy Engelbert hailed the agreement as the beginning of a 'bold new era' for the league, made possible by the collaboration of players, team owners, and the broader WNBA community. The league is set to capitalize on its growing momentum as it approaches its 30th season, which will tip off in May. With the CBA in place, teams are now gearing up for the regular season starting on May 8. This includes an expansion draft for new teams Toronto and Portland, followed by free agency and the college draft on April 13. Teams will begin training camp on April 19, leaving them little time to prepare for the season.

The Iranian women's football team was given a hero's welcome in Tehran on Thursday after returning from the Asian Cup in Australia, where some players had sought asylum. The team, including captain Zahra Ghanbari, was greeted by several thousand people in Valiasr Square, waving Iranian flags and cheering.Earlier this month, six players and one backroom staff member sought asylum in Australia, prompting criticism from hardliners in Iran for not singing the national anthem before their first match. However, five of them later changed their minds and returned home with the rest of the team.Activists accused Iranian authorities of pressuring the players' families, including summoning their parents for interrogation, while Tehran alleged that Australia sought to force the athletes to defect. Iranian football federation President Mehdi Taj said on stage, “These athletes are loyal to the homeland, flag, leader and revolution.”The welcome ceremony featured a giant billboard with the slogan “My Choice. My Homeland” and a screen projecting AI-generated images of the players pledging loyalty to the Iranian flag. The team also sang the national anthem, a central feature of the ceremony.Two squad members remain in Australia, but the rest of the team, including the five who initially applied for asylum, arrived in Iran on Wednesday after a long journey home via Malaysia, Oman, and Turkiye. Iranian government spokeswoman Fatemeh Mohajerani told the team, “All Iranians were waiting for you; welcome to Iran.”