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World Economy Apr 01, 2026

Cuba's Tourism Industry in Crisis: US Oil Blockade Devastates Economy

The US oil blockade imposed on Cuba in January has severely impacted the country's tourism industry…
Cuba's tourism industry, once a pillar of the country's economy, is reeling from the effects of the US oil blockade imposed in January. The blockade has led to a significant decline in visitors, with only 1.6 million tourists visiting the island from January to November last year, a drop from its 2018 peak of 4.8 million.The decline in tourism has had a devastating impact on the livelihoods of Cubans who rely on the industry for their income. Taxi driver Rainier Hernandez, 38, used to work upwards of six hours a day ferrying tourists around Havana, but now he is lucky to get one or two hours of paid work in a day.The economic momentum has sputtered in recent years, a trend accelerated by a recent spike in tensions between the US and Cuba. The blockade has pushed petrol prices up to $12 per litre ($45.36 per gallon) and led the government to cancel nearly all public transport options.Tour guides like Carlos Fariñas, 29, are struggling to make ends meet, with some considering leaving the island in search of better opportunities. 'If there is no tourism, there is no economy,' Fariñas said.The situation has become so dire that some Cubans are worried about losing their homes, as the collapse of the tourism industry could cost them the very roof over their heads. 'I would die of hunger' if I had to wait for tourists to return, said Alejandro Ricardo, 26, who manages an Airbnb in Havana.The US oil blockade has had far-reaching consequences for Cuba's economy, with the country's tourism industry accounting for nearly 12 percent of its GDP at its height in the late 2010s. The blockade has left many Cubans uncertain about their future on the island, as they struggle to afford necessities.
#cuba #tourism #his
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Sports Apr 01, 2026

DR Congo clinches 2026 World Cup berth with extra‑time winner over Jamaica

The Democratic Republic of the Congo secured a place at the 2026 FIFA World Cup by beating Jamaica …
The Democratic Republic of the Congo (DRC) earned a spot at the 2026 FIFA World Cup after a tense intercontinental playoff final against Jamaica ended 1‑0 in extra time.The match‑winner came from former Manchester United defender Axel Tuanzebe, who now plays for Burnley in the English Premier League. He headed the ball home from a corner in the 100th minute, and after a brief VAR check for a possible handball, the goal was confirmed.Tuanzebe reflected on the moment, saying, “We made it very difficult for ourselves, perhaps the occasion got the better of us. To score the winning goal for your country… this is what every player dreams of.” He added, “I am so proud of what I could do for the country, I’m so proud of the country, and now it is time to celebrate.”The DRC dominated the fast‑flowing encounter despite the scarcity of clear‑cut chances, and the victory ensures that ten African teams will line up for the 2026 tournament – the highest representation ever.Having previously defeated Nigeria in the CAF playoff, the DRC entered the intercontinental stage directly into the final due to their higher ranking. Jamaica reached this stage by beating New Caledonia.This will be only the second World Cup appearance for the DRC, the first being in 1974 when the nation competed as Zaire. Jamaica’s sole previous appearance came in 1998 in France.In the upcoming group stage, the DRC will join Portugal, Colombia and Uzbekistan, opening the tournament against Portugal.The final intercontinental slot remains undecided, with a clash between Iraq and Bolivia scheduled for later on Tuesday.
#list #world #cup
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World Economy Apr 01, 2026

FDA Grants Fast-Track Approval to Eli Lilly’s Oral GLP‑1 Weight‑Loss Pill Foundayo, Heightening Competition with Novo Nordisk

The U.S. FDA has approved Eli Lilly’s once‑daily oral GLP‑1 drug, Foundayo (orforglipron), marking …
The U.S. Food and Drug Administration announced on Wednesday that it has granted expedited approval to Eli Lilly’s oral weight‑loss medication, orforglipron—marketed under the brand name Foundayo. This makes Foundayo the second GLP‑1 pill to reach U.S. consumers, following Novo Nordisk’s Wegovy tablet approved in December. Orforglipron works by mimicking a natural hormone that regulates appetite and satiety, offering a non‑injectable alternative to existing GLP‑1 injectables. David A. Ricks, Eli Lilly’s chair and CEO, highlighted that fewer than one in ten eligible patients are currently using GLP‑1 therapies, citing barriers such as cost, stigma, and perceived complexity. Unlike Wegovy, which must be taken on an empty stomach each morning, Foundayo can be taken anytime of day regardless of meals, simplifying dosing schedules. Patients will start on a low dose that is gradually increased to mitigate side‑effects. Pricing is projected at $149 per month for the initial dose, with higher‑strength formulations potentially reaching $349 monthly. While private‑insurance coverage remains uncertain, a Trump‑administration proposal could allow Medicare to cover certain patients as early as this summer, with copayments as low as $50 per month. Distribution will commence on Monday through LillyDirect’s direct‑to‑consumer channel, with broader availability in pharmacies and telehealth platforms expected shortly thereafter. The convenience of a once‑daily pill is anticipated to improve adherence, especially for individuals who avoid injectables due to needle aversion or rigid dosing requirements. The approval follows a fast‑track submission submitted only months ago, positioning Foundayo to enter the market roughly three months after Wegovy. This rapid rollout is set to intensify competition in the burgeoning GLP‑1 space, where new agents are continually emerging with claims of better efficacy and lower costs.
#fda #orforglipron #foundayo
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Business Apr 01, 2026

Oracle Cuts Thousands of Jobs to Focus on AI Infrastructure

Oracle is cutting thousands of jobs as it increases spending on AI infrastructure, including a $300…
Oracle, a US technology company with a market value of $420bn, has begun cutting thousands of jobs as it seeks to reassure investors that its bet on AI infrastructure will pay off. The company, which has a workforce of 162,000, has reportedly let go of around 10,000 people so far.The job cuts, which were announced via email, affect various roles including senior engineers, architects, operations leaders, program managers, and technical specialists. Oracle's decision to reduce its workforce comes as it steps up spending on datacentres, key infrastructure for developing and operating AI systems, in an effort to better compete with cloud rivals such as Alphabet and Amazon.Oracle's plans include a $300bn datacentre deal with OpenAI, the developer of ChatGPT. However, investors have grown concerned about the billions of dollars of expenditure attached to its plans, which includes raising $50bn in new debt. In a March filing, Oracle said it expected total costs tied to its 2026 restructuring plan to reach up to $2.1bn, largely owing to redundancies and related expenses.The job cuts are part of a broader trend in the tech industry, with over 70 tech companies cutting around 40,480 jobs so far this year, according to the tech redundancy site Layoffs.fyi. This trend is driven by companies reallocating resources towards artificial intelligence, heightening fears of AI-driven disruptions among workers.
#Oracle #OpenAI #AI infrastructure
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Sports Mar 31, 2026

Teenage prodigy Vaibhav Sooryavanshi sparks 15‑ball fifty as Rajasthan Royals clinch IPL win over Chennai

Fifteen‑year‑old Vaibhav Sooryavanshi blasted a 15‑ball half‑century, guiding Rajasthan Royals to a…
Just days after his 15th birthday, Rajasthan Royals’ opening batsman Vaibhav Sooryavanshi celebrated with a blistering 15‑ball fifty, steering his side to an eight‑wicket victory against Chennai Super Kings on Monday.Following a debut‑season knock of 100 off 35 balls against Gujarat Titans last year, the teenager continued his aggressive form, reaching 52 runs from only 17 deliveries – a spell that featured five sixes and four fours. His innings, paired with a rapid 75‑run partnership alongside fellow opener Yashasvi Jaiswal, propelled Rajasthan to a target of 128 in just 12.1 overs."Our strategy was to dominate the powerplay and set the tone early," Sooryavanshi explained. "If the opposition had bowled better in those first overs, the match could have swung the other way, but we chose to attack from the start."The young batter credited the backing of coach Kumar Sangakkara and the support staff for encouraging his instinctive attacking approach, noting that they urged him to read the situation and trust his game.Rajasthan’s chase was underpinned by a disciplined bowling display. South Africa pacer Nandre Burger led the attack with figures of 2‑26 and was named player of the match. Both Jofra Archer and Ravindra Jadeja contributed two wickets each, helping restrict Chennai to 127 all out in 19.4 overs after a shaky 41‑4 start.Looking ahead, the Royals will meet the Gujarat Titans in Ahmedabad on Saturday, while Chennai prepares to host Punjab Kings on Friday.
#sooryavanshi #rajasthan #list
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Sports Mar 31, 2026

England Suffers 0-1 Defeat to Japan in Wembley Friendly

England lost 0-1 to Japan in a friendly match at Wembley, with Kaoru Mitoma scoring the winning goa…
England suffered a 0-1 defeat to Japan in a friendly match at Wembley, with Kaoru Mitoma scoring the winning goal. The match saw several England players struggle, including Ben White and Kobbie Mainoo, who received low ratings.Jordan Pickford had a mixed game, with no chance to save Mitoma's goal but making a good save from Ritsu Doan. He received a rating of 6. Marc Guéhi was one of the better performers in defense, blocking a shot in the second half and earning a rating of 6.The defeat raises questions about England's form, particularly with Phil Foden and Anthony Gordon struggling to make an impact. The team's World Cup hopes may be affected by this loss.Substitutes Jarrod Bowen, Lewis Hall, Dominic Solanke, and Marcus Rashford all received positive ratings, but it was too little, too late to change the outcome of the match.
#england #japan #wembley
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Politics Mar 31, 2026

Trump's Fossil Fuel Push Sparks Global Volatility and Environmental Concerns

Critics argue that Trump's policies on fossil fuels have led to dangerous volatility globally, high…
President Donald Trump's aggressive pursuit of fossil fuels, particularly in the context of the Iran conflict, has exposed the volatile nature of the fossil fuel era, according to critics. The ongoing tensions have resulted in significant economic and environmental costs, including a spike in global energy costs and a substantial humanitarian toll.The conflict has led to a humanitarian and environmental crisis in Iran and southern Lebanon, with threats of further escalation likely to exacerbate these issues. The blockade of the Strait of Hormuz, a critical passage for oil transportation, has had far-reaching economic implications, with consumers worldwide paying over $100 billion extra to fossil fuel companies since the conflict began. In the US, the average national cost of gasoline has risen to nearly $4 a gallon.Experts, such as Alice Hill from the Council on Foreign Relations, have expressed concerns about Trump's reliance on fossil fuels, stating that it is a risky strategy. Hill emphasized that countries investing in clean energy like solar and wind power will be better positioned to weather such crises. However, Trump's administration has actively sought to undermine clean energy projects, including banning them from federal land and waters and removing their subsidies.The Trump administration's actions have been contrasted with the growing global investment in renewable energy. Despite the declining cost of wind and solar power, the administration has taken steps to promote fossil fuel extraction, including attempting to seize oil supplies from Iran and Venezuela. This approach has been criticized for its potential to exacerbate climate change and undermine global efforts to transition to cleaner energy sources.The ongoing dependence on fossil fuels has been highlighted by recent environmental disasters, including toxic black smoke from missile strikes on oil depots in Iran and an oil spill in the Gulf of Mexico. These incidents have underscored the need for a shift towards cleaner energy sources to mitigate the risks associated with fossil fuel extraction and consumption.
#Donald Trump #fossil fuels #clean energy
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Sports Mar 30, 2026

Tuchel Expresses Full Confidence in Rice and Saka Amid England Injury Concerns

Thomas Tuchel, the manager of Arsenal FC, has expressed his full trust in Declan Rice and Bukayo Sa…
Arsenal manager Thomas Tuchel has defended Declan Rice and Bukayo Saka over their withdrawals from the England squad, citing '100% trust' in their integrity. The players were absent due to discomfort after the Carabao Cup final against Manchester City.Rice and Saka reported for training but continued to feel discomfort, prompting them to stand down. Tuchel emphasized that the pair wanted to be involved but were clearly uncomfortable. He understands the optics of multiple Arsenal players being unavailable or withdrawing from international duty but stressed his trust in Rice and Saka's honesty.The withdrawals come amid a busy schedule for Premier League clubs, which Tuchel sees as a threat to England's World Cup hopes due to player fatigue. He noted that scans on Noni Madueke's knee were 'slightly better than his feeling but he will be out for some days'.Jude Bellingham will not play against Japan as he recovers from a hamstring injury, while Jordan Henderson is unlikely to feature after following an individual program.
#Arsenal FC #Thomas Tuchel #Declan Rice
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Health Mar 30, 2026

Female Athletes to Benefit from Landmark Insurance Changes

Female athletes are set to benefit from significant changes in insurance coverage for pregnancy, co…
Female athletes are on the verge of a major breakthrough in insurance coverage, addressing critical gaps in support for pregnancy, contraception, menopause, and health conditions that disproportionately affect women. This development stems from the Carney review, an independent assessment of women's football led by former England international Karen Carney.The Women's Football Taskforce, established by the government to implement the Carney review's recommendations, has collaborated with Loughborough University and leading insurance providers to ensure female athletes receive appropriate insurance coverage. Loughborough University, ranked the world's No. 1 university for sports-related subjects for a 10th consecutive year, played a pivotal role in driving these changes.The changes aim to address 'blind spots' in insurance policies, particularly concerning pregnancy, contraception, menopause, and conditions like Relative Energy Deficiency in Sport (Red-S), a complex syndrome caused by low energy availability. Red-S can lead to metabolic, hormonal, and physiological changes, with indicators such as stress fractures and disruptions to the menstrual cycle.Karen Carney praised the development, stating, “Seeing the recommendations being taken seriously and resulting in tangible improvements is always amazing.” She emphasized the importance of the report and thanked those involved in making these changes a reality.Stephanie Peacock, the minister for sport and chair of the Women's Football Taskforce, welcomed the positive change, highlighting the collaborative effort with insurers and Prof Jo Maher of Loughborough University.The British Insurance Brokers’ Association is working with major brokers like Aon, Willis, and Marsh to revise policies. Aon has already extended its personal accident policies to include miscarriage as a result of a sporting accident as standard. Axis and Association for British Insurers are also reviewing their products to better support female athletes.Prof Jo Maher noted, “Developing products for female athletes marks an important step in ensuring we drive world-class and equitable standards in women’s sport.” She emphasized the collaborative effort to level the playing field and support the growing success of women's sports.
#Carney review #Title IX #World Athletics
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