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The International Monetary Fund (IMF) and the World Bank have announced the resumption of ties with Venezuela under the country's interim leader, Delcy Rodriguez. This move comes after a period of severed relations that began in 2019 due to international disputes over the legitimacy of Venezuela's leadership. The IMF and World Bank had cut ties with Caracas in 2019 amid a split in the international community over whether to support Nicolas Maduro or Juan Guaido as the country's rightful leader following disputed presidential elections. IMF Managing Director Kristalina Georgieva stated that the institution had resumed dealings with Venezuela under Rodriguez's administration, guided by the views of its members. This step is expected to ultimately benefit the Venezuelan people. The World Bank followed suit, announcing that it would re-engage with Venezuela based on the outcome of the IMF's decision-making process. The bank had last made a loan to Caracas in 2005. These announcements come several weeks after the United States President's administration lifted sanctions on Rodriguez, further conferring legitimacy on her leadership. Rodriguez welcomed the announcements, calling it a significant achievement for Venezuelan diplomacy. Venezuela has one of the highest debt burdens in the world, with total external liabilities estimated at more than $150bn. The resumption of ties with the IMF and World Bank clears the way for Venezuela to request financial assistance if necessary to shore up its finances. In 2020, the IMF had rejected Venezuela's request for an emergency loan of $5bn to help fund its response to the COVID-19 pandemic, citing the lack of international consensus on Maduro's legitimacy. Venezuela has been a member of the IMF and World Bank since 1946.

Victoria's ambitious plan to introduce a four-bin waste system for all households is facing resistance from local councils and residents. The scheme, which was launched in 2020 with the goal of positioning Victoria as a leader in recycling, requires households to have separate bins for organics, recycling, rubbish, and glass.The rollout of the purple-lidded bin for glass was expected to be completed by 1 July 2027, but 35 councils are now calling for a pause on the deadline, citing concerns over the added cost of the service and practical issues such as space constraints. Independent research estimates that implementing the purple bin collection could cost a typical council $4m and $1.4m a year to operate.Councils and residents are questioning whether four bins are necessary, especially with the launch of the state's container deposit scheme, which accepts some glass bottles. 42 of the state's 79 councils have already implemented a separate glass recycling service, but many are struggling with the costs and logistics.Experts argue that expanding the container deposit scheme to include more types of glass containers could reduce the need for kerbside glass separation. South Australia's container deposit scheme has achieved a 99% recovery rate for glass, compared to 11% for kerbside bins. Queensland's scheme has also seen high recovery rates for glass.The Victorian government has invested $129m to support councils with the rollout, but councils are seeking a more flexible approach that takes into account local needs and circumstances. The debate highlights the challenges of implementing large-scale environmental initiatives and the need for collaboration between governments, councils, and residents.

Wrexham AFC, the football club co-owned by Hollywood stars Ryan Reynolds and Rob Mac, has been awarded a £3.8m government grant without a contract or a completed state aid assessment in place. This has raised questions over whether the award was lawful.The club has received a total of £18m in taxpayer-funded grants to help redevelop its stadium, the Racecourse Ground. This is significantly more than any other club in the UK.Responses to freedom of information requests suggest that Wrexham county borough council awarded the money before completing the usual steps. Alexander Rose, a partner specialising in subsidy control at law firm Ward Hadaway, stated that the lack of a final state aid assessment at the time the grant was awarded would have left it vulnerable to legal challenge by a rival.However, there is little prospect of Wrexham AFC being forced to repay the cash, as the one-month window for challenges to be filed has since closed. The leader of Wrexham council, Mark Pritchard, said: “All due diligence and checks were in place ahead of the transfer of any funding and we refute any accusations to the contrary.”Reynolds and Mac took over the club in 2021, bringing with them a wave of sponsorship and global interest via their Disney TV series Welcome to Wrexham. The club has been able to far outspend their lower-league rivals, transforming the club’s fortunes.Wrexham, which was granted city status in 2022, awarded the £18m to the star-studded club as part of its “Wrexham Gateway” urban improvement scheme. Most of the money went towards developing the stadium, despite the club having deep-pocketed owners.The first £3.8m tranche of cash was awarded on 8 February 2022, less than a year after Reynolds and Mac’s takeover. Another £14m was awarded in September 2025.Public authorities that give out grants are required by law to judge if they comply with the principles of subsidy control, to ensure taxpayer money is not misspent. However, in response to a freedom of information request, Wrexham council said it only had “draft assessments” in place before the money was awarded.The council said the final assessment it provided was submitted nearly five months later, on 6 July 2022. In response to questions, the council shared a draft assessment it said dated from 7 September 2021.Rose said: “At the time the £3.8m grant was awarded there was a duty to carry out a principles assessment. Evidence that this assessment wasn’t finalised when the grant was given would certainly have helped a challenger, for example a rival football club.”“Subsidy control rules exist to ensure there’s a level playing field in which businesses can compete,” he added. “That includes in professional football. They’re also an important protection for the taxpayer, preventing wasteful and unnecessary subsidies from being awarded.”Recipients of large grants almost always sign contracts to ensure taxpayer money is spent as promised. Yet the council said the grant was authorised by its executive board and “provided in advance of the finalisation of the grant funding agreement”.The council said the grant funding agreement – apparently covering the whole £18m – was only created in July 2023.The contract was then completed on 17 September 2025, when the £14m tranche was awarded.The two-year delay between the creation of the contract and its signing also offered another potential benefit to Wrexham council: new subsidy control laws that came into force days earlier in August raised the threshold for mandatory scrutiny of the grant by the Competition and Markets Authority.Delaying the subsidy meant the award to Wrexham AFC was not subject to this scrutiny.While it was tapping taxpayer money, the club was also able to raise huge amounts from private backers. In the year to June 2025 it raised £36m through share issues. Three months after the second grant, Reynolds and Mac announced the sale of a stake in the club to Apollo, one of the world’s largest private equity firms.Bloomberg reported that Wrexham was valued as high as £350m. The club then raised another £47.8m in January, according to corporate filings.In the year before it received the £14m grant, Wrexham was able to repay loans worth £10.6m to Ryan Reynolds’s company, according to accounts published last month. It also lost £3.8m from the collapse of Argentex, a currency brokerage that entered special administration in July 2025 because of failed foreign exchange trades.Pritchard, the council leader, said: “The grant represents a small investment compared to what the club will be investing at the Racecourse … In fact, as the club has grown in both stature, ambition and from external investment, the percentage of public investment compared to that of the club has shrunk from roughly 68% of the project costs to around 25% currently.“This demonstrates further value for money in regard to the initial investment from the public purse.”Wrexham AFC said the club is itself making a “significant financial investment with the support of our ownership group and investors”. Accounts published last month show the club has signed a £69.2m contract to build a new stand.The spokesperson said the “funding ensures the facility can be brought up to the required standard to host international sporting events, including international football and rugby matches (as opposed to just meeting domestic football criteria)”

The recent ceasefire agreement between Israel and Hezbollah in Lebanon has brought a temporary halt to the fighting, but the situation on the ground remains volatile. Despite US President Donald Trump's claim that it is the 10th war he has ended, the stability of the region is far from assured.Israeli troops have remained in their positions deep in Lebanon, and Hezbollah fighters have stated that their fingers 'remained on the triggers,' indicating a readiness to resume hostilities if necessary. The ceasefire was imposed from above, with each side firing off as many bombs, drones, and rockets as they could before it came into effect.The agreement aims to facilitate direct negotiations between the Lebanese and Israeli governments, a significant achievement in itself as they have not spoken directly in decades. However, the path to a lasting peace is fraught with challenges, including the status of Hezbollah's arms and Israel's continued occupation of southern Lebanon.The negotiators face a daunting task in achieving 'lasting peace' between the two countries, with the goal of ensuring the Lebanese government has the exclusive monopoly of force in its territory and a formal demarcation of a contested border. Sustained international focus will be crucial in maintaining the peace talks, or else the war could easily resume.In Israel, there is pressure to continue the war in Lebanon, with many residents of northern Israel wanting the conflict to finally end the threat from Hezbollah. Israeli officials have boasted of military victory over Hezbollah but have also implied that the war could resume if their demands are not met by Lebanon.

LIV Golf chief executive Scott O'Neil has acknowledged that the rebel golf tour's finances are being managed very tightly and that structural changes are on the horizon, which may necessitate raising additional funds. However, he emphatically stated that the league will not fold.O'Neil's comments come on the heels of reports that Saudi Arabia's Public Investment Fund, a key backer of LIV Golf, is cutting its funding for the league. Despite this, O'Neil described the situation as 'business as usual' and expressed confidence in the tour's future prospects.In an interview with LIV employees during the broadcast of the tour's Mexico City event, O'Neil hinted at upcoming structural changes but did not provide specifics. He suggested that these changes could involve new formats or business structures, possibly including team-based elements.O'Neil also downplayed speculation about the tour's financial health, stating that LIV Golf had secured almost $500 million in sponsorships last year from major brands like Rolex, HSBC, and Aramco. He emphasized the tour's global appeal, particularly in markets such as Australia and Asia, where it has attracted significant interest.While acknowledging that fundraising may be necessary, O'Neil expressed optimism about the tour's trajectory, suggesting that continued revenue growth could mitigate the need for external funding. He concluded by stating that LIV Golf is poised for long-term success and will continue to evolve in the coming months.

Witold Banka, the head of the World Anti-Doping Agency (WADA), has emphasized that India's massive production of performance-enhancing drugs (PEDs) is a significant challenge in the fight against doping. With India being the largest producer of PEDs globally, Banka stresses that curbing their production is vital to protecting athletes and maintaining the integrity of professional sports.Banka and his team have been working closely with Indian authorities, including the Central Bureau of Investigation (CBI), to disrupt the supply chain of PEDs and dismantle the networks of racketeers and agents involved in their distribution. WADA's Global Anti-Doping Intelligence and Investigations Network (GAIIN) initiative has been instrumental in this effort, with 250 raids worldwide, 88 illicit labs dismantled, and nearly 90 tonnes of PEDs seized since 2022.India's doping problem is particularly concerning, with the country topping the list of global sports drug cheats for three consecutive years. In 2024, India's National Anti-Doping Agency (NADA) collected 7,113 urine and blood samples, out of which 260 tested positive. This has raised concerns about the country's Olympic ambitions, particularly with India preparing to host the 2030 Commonwealth Games and potentially bidding for the 2036 Olympics.However, Banka believes that the focus should shift from testing athletes to targeting the suppliers of PEDs. He advocates for a top-down strategy, working with law enforcement agencies to disrupt the criminal networks involved in PED production and distribution. This approach aims to strengthen India's anti-doping system and prevent future doping cases.Banka also emphasized that India's doping statistics do not necessarily impact its ability to host major sporting events. Instead, the focus should be on how effectively the country's anti-doping system works from a legal perspective. WADA's role as a global anti-doping regulator is to assess and ensure the integrity of these systems.

Cuban President Miguel Diaz-Canel has declared that his country is prepared to fight if necessary, despite not seeking conflict with the United States. This statement comes as Cuba marks the 65th anniversary of its socialist revolutionary character, amid heightened tensions with the US.Diaz-Canel's defiant remarks were made before a crowd commemorating Fidel Castro's declaration of the socialist nature of the Cuban Revolution and the failed Bay of Pigs invasion by US-aligned forces. He emphasized Cuba's readiness to confront serious threats, including military aggression, stating, 'We do not want it, but it is our duty to prepare to avoid it and, if it becomes inevitable, to defeat it.'The US, under President Donald Trump, has been increasing pressure on Cuba, threatening the island nation's government and tightening energy restrictions. Trump has suggested that the US could overthrow the Cuban government, following the US-Israel conflict with Iran. These actions have contributed to fuel shortages and energy blackouts in Cuba, straining workers and businesses.Cuba's economy has long suffered from a US economic embargo, economic mismanagement, and political repression, prompting many Cubans to leave the country. A United Nations vote in 2025 saw 165 countries demand an end to the US embargo, with only seven countries, including the US, Israel, Argentina, and Hungary, voting against.Diaz-Canel has strongly defended Cuba, stating, 'Cuba is not a failed state. Cuba is a besieged state,' facing multidimensional aggression through economic warfare and an intensified blockade.

West Bengal’s electoral rolls have been slashed by over nine million names, representing roughly 12 % of the state’s 76 million registered voters, after the Election Commission of India (ECI) completed its Special Intensive Revision (SIR) earlier this month. The purge has hit the Muslim community hardest. In districts where Muslims form a sizable share of the electorate, deletions total 460,000 in Murshidabad, 330,000 in North 24 Parganas and 240,000 in Malda. Analysts say the pattern suggests a strategic effort to reshape the voter base ahead of the assembly election scheduled for April 23 and April 29, with results due on May 4. One of the most striking cases is that of Nabijan Mondal, 73, who has voted in every national, state and local election for the past five decades. She discovered her name missing from the new list because her voter card bears the nickname “Nabijan” while her Aadhaar and ration cards use the formal name “Nabirul.” Her husband, children and their spouses remain on the roll, leaving her unable to vote. Overall, nearly six million of the removed voters were classified as absent, shifted, dead or duplicate, while the remaining three million must appeal to special tribunals. However, the Supreme Court of India has ruled that those with pending tribunal cases cannot cast ballots in the upcoming election, though it may permit the ECI to issue supplementary lists. West Bengal’s Muslim population stands at about 25 million (27 % of the state’s 106 million residents). The Trinamool Congress (TMC), led by Mamata Banerjee, has governed the state since 2011 and relies heavily on Muslim support to counter the Bharatiya Janata Party (BJP). Banerjee has accused the ECI of partisan bias, claiming the SIR was “selectively applied … to benefit the BJP.” Conversely, the BJP frames the revision as a necessary measure against “illegal infiltrators,” linking the exercise to concerns over cross‑border migration from Bangladesh and Rohingya refugees. Independent research by the Kolkata‑based SABAR Institute supports the allegation of disproportionate impact. In the contested constituencies of Nandigram and Bhabanipur, where the BJP’s Suvendu Adhikari is challenging TMC leaders, over 95 % of the deleted names in Nandigram were Muslims, and 40 % of deletions in Bhabanipur involved Muslim voters, despite Muslims comprising only 25 % and 20 % of the respective populations. Women appear especially vulnerable. Legal scholar Swati Narayan notes that patrilocal customs and frequent name changes after marriage create documentation gaps that the SIR process penalises. Jesmina Khatun, a 31‑year‑old from Gobindapur, lost her name over a minor spelling inconsistency in her father’s surname, illustrating how minor clerical errors can disenfranchise voters. Political commentator Yogendra Yadav warns that the SIR places an “excessive burden” on female voters, who must produce proof from their natal homes while men can rely on documents from their current residence. With tribunals unlikely to clear the backlog before polling day, thousands of eligible citizens risk being excluded from a pivotal election that could reshape the political landscape of India’s most populous state.

The ongoing conflict between Israel and Iran has led to a substantial increase in global fuel prices, affecting Americans and forcing them to make difficult trade-offs. Many are struggling to access essential items, including medication and groceries, while others are facing financial insecurity and even homelessness.The impact of rising gas prices is being felt across various aspects of life, from accessing essential medicines to facing the brink of homelessness amid an already rising cost of living. For Mandy, a 42-year-old mother in central Utah, higher gas prices have made it harder to visit one of her children, who has disabilities and lives hours away.“Before [Donald] Trump and [Israeli prime minister Benjamin] Netanyahu started their war, gas in my town was $2.70 a gallon. Now it’s $4.19 and I’m terrified it’s going to go closer to $5 before all is said and done. One of our children is disabled and lives in a group home two and a half hours away,” she said.Rising gas prices are also affecting people’s ability to access necessary medication. Lisa, a 56-year-old living with disabilities on a tribal reservation in Oregon, said rising gas prices had disrupted her ability to access necessary medication.“My caregiver and I have had to cut back our trips to pick up my prescriptions, even though they are necessary. Because I live in rural Oregon, the basic necessities are 40 minutes away, so if a doctor calls in an additional prescription after I’ve already been in town for the week, that prescription has to wait for the following week for me to pick it up,” she said.The strain is also being felt by food banks and pantries. Melissa Meyer, chief executive of IPM Food Pantry in Cincinnati, Ohio, said rising gas prices had driven more people to rely on food pantries – even as those same costs strain the operations of local food banks and their volunteers.“Increased gas prices put additional costs on our operations as we must increase gas costs for picking up and delivering food across five counties of south-west Ohio … We are not cutting back our services in any way, yet,” she said.The rising cost of fuel is also having indirect effects, such as impacting small businesses and artists. Cathi Newlin, a 63-year-old ceramic artist in Sacramento, California, who also cares for her husband with Parkinson’s disease, said her income had been hit as consumers pull back.“A substantial portion of our household income is generated from the sale of my art and the classes I teach. These are surely luxury items in any economy but when people have to spend more on basics like gasoline, they don’t have as much money or desire to spend on art. The rise in oil prices very much affects my income and the price of my materials,” Newlin said.