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Analysts warn that the world is confronting the most severe energy shock since the 1970s, a looming global recession and a renewed surge in living‑cost pressures that are hitting the most vulnerable households hardest.Against a backdrop of sweltering Washington heat, the atmosphere at the International Monetary Fund’s spring meetings shifted dramatically as delegates confronted the fallout from the Iran war. The usual optimism about rising living standards was replaced by a palpable sense of unease.IMF Managing Director Kristalina Georgieva addressed finance ministers and central‑bank governors, noting that “some countries are in panic” and urging that “the sooner it ends, the better for everybody.”Such gatherings are rarely venues for open geopolitical confrontation. Yet, as a record‑breaking April heatwave baked the capital, the mounting economic damage from the conflict could no longer be ignored.During a G20 breakfast that included U.S. Treasury Secretary Scott Bessent and outgoing Fed Chair Jerome Powell, participants described the mood as somber, with frank discussions about the war’s ramifications.Former IMF deputy managing director Mohamed El‑Erian likened the session to a “twilight‑zone meeting,” identifying three looming shadows: the overall health of the global economy, the disproportionate impact on lesser‑discussed nations, and the paradox that the United States, as the war’s initiator, would suffer comparatively less.British Chancellor Rachel Reeves started her day with a jog alongside counterparts from Spain, Australia and New Zealand on the National Mall, posting an Instagram selfie captioned, “Friends that run together – work together.” The image underscored her resolve to confront the war’s economic fallout.Reeves had earlier condemned the conflict as a “mistake” and “folly,” arguing that the war had not enhanced global security and was driving up energy prices for UK families and businesses.In a one‑on‑one with Bessent near the White House, Reeves emphasized the urgency of the situation, noting that the UK, like many other nations, was feeling the pain of higher energy costs triggered by the conflict.Despite the tension, the UK and the United States continue to share deep interests in artificial intelligence, financial services and trade, though the British government signalled little tolerance for the Iranian regime.The IMF’s own warning that the war could precipitate a global recession singled out the United Kingdom as the “biggest G7 casualty,” highlighting the stakes for British growth forecasts.Observers noted Reeves’s vocal stance, recalling earlier disagreements between Bessent and European Central Bank President Christine Lagarde that had remained behind closed doors.A cocktail reception at the British ambassador’s residence brought together senior diplomats and financiers—including Bank of England Governor Andrew Bailey and Barclays CEO CS Venkatakrishnan—where transatlantic friction was a hot topic, just weeks before King Charles’s state visit to the United States.Meanwhile, revelations about former ambassador Peter Mandelson’s vetting process added another layer of political strain for the UK government.Before the war, the IMF agenda focused on global cooperation, AI adoption, job creation and poverty eradication. The conflict has now complicated each of these priorities, especially the goal of coordinated international action.Former UK Foreign Secretary David Miliband observed that many nations are now “hedging against American decisions,” acknowledging the United States’ outsized role—about 25% of the global economy—while noting its recent retreat from several forums.The irony was not lost on participants: the meetings were held in institutions born out of U.S. leadership after World War II to prevent the economic chaos of the 1930s, yet they now convene amid a war that threatens similar turmoil.Economists also recognized that real policy leverage sits “two blocks away,” behind the security cordons surrounding the White House, casting doubt on the ability of the IMF and World Bank to influence the conflict directly.Amid the uncertainty, the rapid growth of AI—exemplified by Anthropic’s Mythos model—offers a glimmer of economic resilience, but most countries cannot afford to sever ties with the United States entirely.El‑Erian summed up the dilemma: “People want to go long the private sector and short the mess, but it’s almost impossible to do.”

Frenchman Herve Renard has been sacked as Saudi Arabia coach, less than two months before the start of the FIFA World Cup 2026 in North America. Renard, 57, had returned for a second spell as Saudi coach at the end of 2024, having led them at the last World Cup four years ago in Qatar.“That’s football … Saudi Arabia have qualified for the World Cup seven times, including twice with me,” Renard told the news agency AFP on Friday. “And there’s only one coach who has led them through both the qualifiers and the World Cup; that’s me, in 2022. At least there will be that sense of pride.”Renard, a two-time Africa Cup of Nations (AFCON) winner with Zambia and the Ivory Coast, was in charge of Saudi Arabia from 2019 to 2023 before being replaced by Italian coach Roberto Mancini. He served as coach of the France women’s team from 2023 to 2024 and reached the quarterfinals of both the 2023 Women’s World Cup and the 2024 Paris Olympics.Georgios Donis, a former Greece international, is reportedly being lined up as the man to take over from Renard. Saudi Arabia are in Group H at the 2026 World Cup, alongside two former champions, Spain and Uruguay, and debutants Cape Verde. All their group games are scheduled to be played across the United States.The Arab nation has made six World Cup appearances, with a round of 16 finish in 1994 in the US their best result thus far. They suffered a group-stage exit in the last World Cup in 2022 but made headlines worldwide with a shock 2-1 group win over eventual champions Argentina. Saudi Arabia is also due to host the 2034 World Cup.

Israel's increasing international isolation has led to a growing rift with European countries, who are frustrated by its actions in Gaza, Lebanon, and Iran. Despite longstanding ties, European governments are finding it difficult to ignore public opinion, which has shifted against Israel. European countries, including Italy, the UK, Ireland, and Spain, have criticized Israel's actions, with some calling for a halt to its attacks on Lebanon and Iran. Analysts warn that the conflict threatens to tip the world into recession. Israeli Prime Minister Benjamin Netanyahu has responded to criticism by claiming Israel is a defender of Western values, stating that Europe has become 'afflicted by deep moral weakness'. He argued that Europe is 'losing control of its identity, of its values, of its responsibility to defend civilisation against barbarism'. Netanyahu's comments have been met with skepticism, with many pointing out that Israel's actions in Gaza and the occupied West Bank are at odds with its pretence of being a liberal democracy. Israeli academic and filmmaker Haim Bresheeth said that Israel's actions are 'not the sort of thing liberal democracies do'. The rift between Israel and Europe is expected to continue, with little chance of self-reflection or internal reckoning among Israel's political leadership. As Chatham House senior consulting fellow Yossi Mekelberg said, 'There's a sense that, if they don't like us, then we must be doing something right'.

England's women's football team, the Lionesses, are on the cusp of a historic milestone as they prepare to play their 500th game against Iceland in a World Cup qualifier. Manager Sarina Wiegman has stressed the importance of securing a positive result to make their recent 1-0 victory over Spain even more valuable.Wiegman acknowledged that Iceland will present a different challenge, but she is confident that her team is ready. The Lionesses have three wins from three in their qualifying group, and with only the top team from each group in League A securing automatic qualification, the stakes are high.The team has been boosted by the return of Leah Williamson, who has not played since mid-March due to a thigh injury. However, Keira Barry is the only confirmed absence due to ankle problems.Lucy Bronze, who has 146 caps for England, reflected on the significance of the 500th game, saying it's 'insane' to think about. She expressed her pride in being part of the team's history and is optimistic about the future, citing the talent of young players like Lucia Kendall.

Saudi Arabia has withdrawn its bid to host the 2035 Rugby World Cup as a result of the Public Investment Fund's (PIF) new financial strategy, prioritizing projects with potential returns. The country's sports minister, Prince Abdulaziz bin Turki al-Faisal, had expressed interest in bidding for the tournament last year, but no expression of interest was submitted to World Rugby.The PIF's 'value realization' phase of its Vision 2030 economic plan, published recently, has led to the decision to put rugby aspirations on hold. This shift in focus will impact various projects, including LIV Golf, which will see its funding withdrawn next year.While Saudi Arabia and other Gulf countries, such as Qatar and the United Arab Emirates, had considered a joint bid, it has not materialized. World Rugby's bidding process is ongoing, with countries like Argentina, Japan, and Spain having submitted initial expressions of interest.The decision to step away from the Rugby World Cup bid was made before the conflict in Iran began, and the PIF governor, Yasir al-Rumayyan, confirmed that all spending projects are being reviewed. The PIF will continue to invest in sports but will focus on domestic projects, such as infrastructure related to the 2034 football World Cup and the Formula One track near Riyadh.

Lionel Messi has officially taken ownership of UE Cornella, a Barcelona‑based club competing in Spain’s fifth division, after finalising the purchase earlier this week.The Argentine legend, who spent two decades at FC Barcelona amassing multiple La Liga titles, Champions League trophies and Ballon d’Or awards before departing in 2021, is now venturing into club ownership.In a statement the club described Messi’s arrival as “the beginning of a new chapter in the club’s history,” emphasizing a long‑term vision and a strategic plan that blends ambition, sustainability and a deep connection to its working‑class neighbourhood roots.Founded in 1951, UE Cornella has previously nurtured talent such as Arsenal goalkeeper David Raya and former Barcelona defender Jordi Alba, the latter of whom currently shares the pitch with Messi at Inter Miami.Now 38‑year‑old Messi is also focused on representing Argentina at the 2026 World Cup in North America, where the Albiceleste will defend their title.The club announced the deal on Thursday but did not disclose the financial terms of the transaction.

Fuel‑price protests have erupted across the Republic of Ireland, described by observers as the most serious civil unrest since the state’s founding in the 1920s. Demonstrators, largely farm contractors and hauliers, have staged "go‑slow" convoys on motorways, blocked ports and even targeted the country’s sole oil refinery at Whitegate, County Cork. The unrest mirrors France’s Yellow Vests movement in its focus on carbon taxes and fuel duties, but unlike the French case it is being triggered by an external shock: the closure of the Strait of Hormuz after the United States and Israel launched a military campaign against Iran in late February 2026. The strait carries roughly 20% of global oil and LNG shipments, and its blockage has precipitated a sharp rise in fuel costs in Ireland – diesel up about 28% and petrol by 25%. By the weekend, around 40% of Irish petrol stations were empty, leaving many motorists stranded. In response, the Dublin coalition government ordered the army to clear blockades and authorised the police (An Garda Síochána) to make arrests, though the total number of detainees has not been disclosed. To quell the crisis, the government unveiled a package of concessions worth nearly $600 million. The measures include a 10% discount on diesel and petrol and a postponement of a planned carbon tax, aimed at both motorists and the broader food‑production sector (farming and fishing). The Taoiseach and Tánaiste have appealed for an end to the protests and urged dialogue through representative bodies. Public sentiment is split. A poll by the Sunday Independent found that 56% of respondents initially backed the protesters, but growing disruption – such as the cancellation of scheduled surgeries and travel difficulties for the elderly – appears to be eroding that support. Analysts highlight deeper structural issues in Ireland’s agri‑economy. Patrick Bresnihan of Maynooth University warned that the protests expose “deep inequalities and contradictions” in a system dominated by export‑oriented dairy and beef production, where many workers face precarious, seasonal contracts. While the protests have not ignited a comparable far‑right surge seen in parts of Europe, commentators caution that the unrest could provide fertile ground for populist narratives. Right‑wing groups in Germany, Spain and France have previously linked agricultural grievances to broader anti‑EU sentiment, though such movements remain marginal in Ireland. In Northern Ireland, planned blockades largely failed to materialise. Minor “go‑slow” convoys caused brief diversions, but no major infrastructure was seized and only a handful of fines were issued. Experts, including Queen’s University Belfast anthropologist Dominic Bryan, suggest the limited turnout reflects a lack of cohesive demands and organizational capacity north of the border. Political fallout in Dublin includes a confidence vote survived by the coalition after Sinn Féin’s challenge, and the resignation of junior minister Michael Healy‑Rea, who was cheered by protesters outside Leinster House. Overall, the fuel‑price protests underscore how a regional conflict in the Middle East can cascade into domestic unrest in Europe, intertwining energy security, rural economics and political stability.

England has taken a significant step towards qualifying for the FIFA Women's World Cup 2027 after Lauren Hemp's early goal secured a 1-0 win over defending champions Spain at Wembley Stadium in London.The victory marked England's third successive win, moving them above Spain to the top of group A3. Only the winners from each of the League A groups will earn direct passage to next year's tournament in Brazil.The match saw England take the lead in just three minutes as Alessia Russo set up Hemp, who scored past Cata Coll. Spain threatened an equaliser, with Irene Paredes heading just over, but Hannah Hampton's crucial saves preserved England's lead.The win also celebrated Keira Walsh's 100th England cap and honoured Euro 2022-winning goalkeeper Mary Earps in an international retirement ceremony.In other matches, Norway thrashed Slovenia 5-0 and Germany remained unbeaten with a 5-1 victory over Austria. The Netherlands took the lead in Group A2 with a 2-1 win over France, while Denmark took control of Group A1 with a last-gasp 2-1 victory over Sweden.

England's women's football team is on a roll, maintaining a 100% record in their World Cup qualifying group after a win against Spain. While their target is to win a first world title, the journey is long, and several players have enhanced their prospects of selection. Eight players from the recent match against Spain look set to be in the first-choice XI for the World Cup, including Hannah Hampton, Lucy Bronze, and Lauren Hemp. Senior players like Leah Williamson and Ella Toone will also be key when they return from injuries. Three players who started against Spain have significantly boosted their chances. Centre-backs Esme Morgan and Lotte Wubben-Moy were exemplary, helping England keep a clean sheet against the world champions. Morgan, 25, and Wubben-Moy, 27, have had to be patient during Sarina Wiegman's tenure but did not look out of place. Morgan said she was proud of the team's concentration and organisation, while Wiegman praised them, saying, 'They showed up today. It says a lot about them. They should be proud of themselves.' Another player who impressed was Lucia Kendall, the 21-year-old Aston Villa midfielder tasked with taking on Barcelona's Patricia Guijarro. Despite a quiet evening, Kendall worked hard and nearly scored from close range. Wiegman also displayed trust in Laura Blindkilde Brown, who came on as a 72nd-minute substitute to help close out the victory. Her contributions to Manchester City's likely title success will enhance her chances for 2027. The upcoming match against Iceland will provide further opportunities for players like Jess Park, who has been in inspired form for Manchester United. New faces Erica Meg Parkinson and Keira Barry have received their first senior call-ups and will look to make an impression.