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World Economy Apr 02, 2026

Chris Rokos gifts record £190 million to Cambridge, creating UK's largest university endowment and spotlighting hedge‑fund billionaire’s philanthropic surge

Hedge‑fund founder Chris Rokos has pledged a historic £190 million to the University of Cambridge f…
When billionaire hedge‑fund manager Chris Rokos announced a £190 million contribution to the University of Cambridge, the move instantly became the largest single donation to any UK university in modern history. The funds will establish a new “school of government” aimed at bridging policy, science and emerging technologies. Rokos, a 55‑year‑old Oxford graduate, has amassed an estimated £2.6 billion fortune, primarily through his firm Rokos Capital Management (RCM), which he founded in 2015 after a high‑profile stint at Brevan Howard. RCM now oversees **over £22 billion** in assets, employs roughly 350 staff, and operates from offices in London, New York, Singapore and Abu Dhabi. In the most recent fiscal year ending March, Rokos paid himself nearly £500 million, according to Companies House filings, reflecting the firm’s strong performance amid volatile markets. Beyond finance, Rokos has kept a remarkably low public profile. He famously declined to provide a photograph when launching a £500 million fund in 2007, and he has avoided media attention despite owning one of England’s most expensive private residences. The £175 million refurbishment of the Grade I‑listed Tottenham House in Wiltshire – featuring a tennis pavilion, private cinema, basement squash court and a proposed “subterranean family link” to a pool house – has drawn local council scrutiny but stands as a tangible testament to his wealth. Rokos’s career trajectory began in banking at UBS and Goldman Sachs, moving to Credit Suisse where he was recruited by Alan Howard. He later joined the founding team of Brevan Howard in 2002, generating roughly $4 billion (≈£3 billion) in investor profits and about £600 million for himself before departing in 2012. His philanthropic philosophy emphasizes diversity of thought. In a video released by Cambridge, Rokos warned that a school populated only by “centrist, socially liberal” voices would be a failure, insisting on a broad spectrum of intellectual viewpoints. Earlier this year, RCM’s exploratory talks to bring former UK business secretary Peter Mandelson onto its advisory board collapsed after revelations about Mandelson’s connections to the late Jeffrey Epstein. Rokos also ranks among the UK’s biggest taxpayers and maintains a family office in Mayfair. A lingering legal dispute over a five‑year non‑compete clause with a former employer was settled out of court, clearing the way for his current venture. Overall, the record‑breaking Cambridge donation not only reshapes the university’s academic landscape but also underscores how hedge‑fund wealth is increasingly channeled into high‑impact philanthropy, blurring the lines between finance, education and public policy.
#rokos #university #school
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Sports Apr 01, 2026

Iraq Clinches 2026 FIFA World Cup Spot with 2-1 Win Over Bolivia

Iraq secured a 40-year-awaited spot in the 2026 FIFA World Cup by defeating Bolivia 2-1 in the inte…
Iraq's national team, known as the Lions of Mesopotamia, ended their four-decade wait for a World Cup appearance with a hard-fought 2-1 victory over Bolivia. The match took place at the Monterrey Stadium in Guadalupe, Mexico, on Tuesday. Ali al-Hamadi opened the scoring in the 10th minute, giving Iraq a strong start. However, Bolivia's Moises Paniagua equalized 28 minutes later, making the match closely contested.The deadlock was broken shortly after halftime when Aymen Hussein scored the winning goal in the 53rd minute, slotting in a cross from Marko Farji. This goal secured Iraq's place as the 48th team to qualify for the tournament.Iraq's journey to the World Cup was not without challenges. The team's participation was in doubt due to travel chaos caused by the ongoing conflict in the Middle East. Coach Graham Arnold had pleaded with organizers to delay the match to allow the squad to assemble and train. The players and coaching staff eventually arrived in Mexico just a week before the match and began preparations.Arnold expressed his delight with the win, stating, 'I must congratulate the players who played with real Iraqi mentality, fighting and putting their bodies on the line and that's why we won the game.' He added, 'I am so happy that we've made 46 million people happy, and especially with what's going on in the Middle East at the moment.'Iraq will face a tough challenge in the World Cup, placed in Group I alongside France, Norway, and Senegal. Their opening game is against Norway on June 16 in Boston, followed by matches against France on June 22 in Philadelphia and Senegal on June 26 in Toronto, Canada.
#iraq #world #cup
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Sports Apr 01, 2026

England's 2026 World Cup Squad Takes Shape: Key Players and Positions

The article discusses the current state of England's national football team as they prepare for the…
England's preparations for the 2026 World Cup are underway, with manager Thomas Tuchel working to finalize his squad. Jordan Pickford remains the undisputed No 1 goalkeeper, while Harry Kane is irreplaceable up front. Declan Rice and Elliot Anderson look certain to start in midfield.The team's recent friendlies against Japan and Uruguay have provided some insights into Tuchel's plans. Marc Guéhi wore the captain's armband during the loss to Japan and is emerging as the senior centre-back. However, there are still many questions about the team's composition, particularly in defense and midfield.John Stones and Anthony Gordon face uncertain futures due to injuries and inconsistent form. Trent Alexander-Arnold continues to be overlooked by Tuchel, despite his exceptional talent. The manager has been experimenting with different players and formations, including Cole Palmer and Phil Foden in various roles.The article also mentions several players who are likely to miss out on the World Cup, including Fikayo Tomori, Myles Lewis-Skelly, and Ivan Toney. On the other hand, young players like Max Dowman and Archie Gray could be considered for wild-card picks.Tuchel's squad selection will be crucial in determining England's success in the 2026 World Cup. The team's predicted squad includes:Goalkeepers: Jordan Pickford, Dean Henderson, James Trafford.Defenders: Marc Guéhi, Ezri Konsa, John Stones, Harry Maguire, Nico O'Reilly, Lewis Hall, Reece James, Jarell Quansah, Tino Livramento.Midfielders: Declan Rice, Elliot Anderson, Jude Bellingham, Jordan Henderson, James Garner, Morgan Rogers.Forwards: Harry Kane, Bukayo Saka, Cole Palmer, Anthony Gordon, Eberechi Eze, Noni Madueke, Marcus Rashford, Danny Welbeck.
#but #tuchel #not
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Sports Apr 01, 2026

Tuchel Blames Exhaustion and Injuries for England’s Stalemate with Uruguay and Defeat to Japan

England manager Thomas Tuchel acknowledges that a combination of player fatigue, a spate of injurie…
Thomas Tuchel admitted with a wry smile that trying to assemble a cohesive side in just three days for the Uruguay friendly was "ridiculous," underscoring the chaotic nature of England’s recent international window. The match at Wembley ended in a 1‑1 draw with Uruguay, followed three days later by a 1‑0 loss to Japan. Tuchel framed these results as preferable to a harsher narrative, but the underlying issues were far more complex. Tuchel’s strategy hinged on a 24‑man squad for Uruguay, with the intention of auditioning fringe players, before bolstering the team with eleven established internationals for the Japan game. However, a cascade of injuries crippled his plans: John Stones withdrew with a fitness problem, Reece James was sidelined, Jude Bellingham arrived unfit, and later Declan Rice, Bukayo Saka, Jordan Henderson and Harry Kane all pulled out. These absences forced Tuchel to experiment with formations – a 4‑2‑4 against Japan featuring twin No 10s Cole Palmer and Phil Foden, and a hurriedly assembled setup against Uruguay after only four training sessions in three days. The result was a lackluster performance, with moments of technical skill but no decisive attacking thrust. Tuchel emphasized the concept of load management, noting the heavy minutes his players logged during a grueling club season. He argued that the friendlies allowed a lighter touch, yet the fatigue was evident, especially in the Japan match where he observed “clear signs of tiredness.” Despite the setbacks, Tuchel took responsibility for the tactical choices, stating, “I am responsible for changing the structure because I wanted to give us more security.” He also highlighted that the squad’s resilience in September, October and November will be crucial as they head toward the World Cup. Looking forward, Tuchel stressed that avoiding over‑exertion now could pay dividends in the summer, insisting, “We will not start doubting. We will not let go of our dream.” The manager’s candid assessment suggests a cautious approach to player workload as England prepares for the next competitive phase.
#tuchel #not #england
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Entertainment Apr 01, 2026

Existentialism on the Big Screen: A New Look at Camus's Classic

The article discusses the resurgence of existentialist cinema with François Ozon's new film adaptat…
The resurgence of existentialist cinema is marked by François Ozon's adaptation of Albert Camus's 'The Stranger'. This 2026 film breathes new life into the classic novel, exploring themes of absurdity and individual morality. Camus's 'The Stranger' has been adapted before, notably by Luchino Visconti in 1967. However, Ozon's version stands out with its political focus on colonial power relations and a fresh perspective on the protagonist, Meursault. Existentialism, a philosophy that questions life's purpose without divine guidance, influenced 20th-century thought through figures like Jean-Paul Sartre, Simone de Beauvoir, and Camus. The movement briefly influenced cinema, particularly through the French New Wave. The connection between existentialism and film noir is also explored, with the genre reflecting nihilistic undercurrents of the interwar period. Existentialist themes continue to permeate modern cinema, influencing films like 'Taxi Driver', 'Blade Runner', and 'The Truman Show'. Ozon's adaptation shifts the focus to colonialism, making it a more politically charged interpretation. This shift raises questions about whether the film remains strictly existentialist or if it incorporates moralizing overtones. The article concludes by suggesting that existentialism's core ideas remain relevant, especially in today's chaotic world. Films like Olivier Laxe's 'Sirāt' capture the existentialist spirit by portraying characters navigating absurd and precarious situations.
#François Ozon #Albert Camus #The Stranger
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Sport Apr 01, 2026

England Over-70s Cricket Team Wins Ashes and World Cup

The England Over-70s cricket team has achieved a remarkable feat by winning both the Ashes and the …
The England Over-70s cricket team has achieved a remarkable feat by winning both the Ashes and the World Cup in their respective tournaments. The team's manager, Chris Lowe, attributes their success to their preparation and experience, highlighting that they played 15 matches in a five-week tour, including warm-up games against local opposition.Under the leadership of captain John Evans, the team has demonstrated their skill and dedication to the sport. Evans, who is set to turn 75 this summer, has captained his country to Ashes and World Cup glory twice apiece. The team's success is all the more impressive given that they receive no funding from the England and Wales Cricket Board, with players paying around £8,000 each to participate in the tour.The England Over-70s team represents a growing trend of late-age cricketers, with 135 teams from 36 counties playing over-60s and over-70s cricket on a regular basis. The team's achievements serve as a testament to the fact that age is no barrier to success in cricket, with players like Jim Phillips and Chris Evans demonstrating their skills in the sport.The team's captain, John Evans, believes that playing cricket has helped him stay young, saying: 'It keeps you young as well. I have a few aches and pains, but I'm still getting out there and I'd recommend anybody in any sport to keep going as long as you can, because it's so good for you.'
#over- #you #england
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Sports Apr 01, 2026

Phil Foden's World Cup Spot Uncertain as Tuchel Expresses Concerns

Thomas Tuchel has expressed concerns about Phil Foden's form, casting doubt on his place in the Eng…
England manager Thomas Tuchel has cast doubt on Phil Foden's place in the World Cup squad, citing concerns over his recent form. Foden, a key player for Manchester City, struggled to make an impact in friendlies against Uruguay and Japan.Tuchel gave Foden opportunities in the starting lineup during the international window but was left unimpressed. In the 1-1 draw against Uruguay and 1-0 defeat by Japan, Foden failed to make a significant impact.The manager faces tough decisions on which players to take to the World Cup, with Jude Bellingham, Morgan Rogers, and Eberechi Eze also vying for spots. Foden's recent struggles, including limited playing time for Manchester City, have raised questions about his readiness for the tournament.“Phil tried everything,” Tuchel said. “He was excellent in camp but struggled to show it on the pitch. He didn’t have a lot of minutes for City recently.”Tuchel emphasized that while he can take a struggling player to the World Cup, it's not a guarantee that Foden will be part of the squad. Foden's uncertain future with the national team adds to the challenges Tuchel faces in selecting his final squad.
#Phil Foden #Thomas Tuchel #England national team
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Environment Apr 01, 2026

Asia's Energy Crisis: Governments Turn to Dirty Fuels as Iran War Disrupts LNG Supplies

The ongoing conflict between the US and Israel against Iran has led to a significant disruption in …
The Iran war has triggered a massive energy shortfall in Asia, forcing governments to ramp up their use of coal, the dirtiest fossil fuel. Countries across the region, including South Korea, Thailand, the Philippines, India, and Bangladesh, are trying to compensate for a drop-off in imported energy, much of which comes from the Middle East.Climate experts have warned that the increased use of coal will have a devastating environmental impact, and that the energy crisis should be a wake-up call for governments to invest in renewables. The crisis has highlighted the importance of renewable energy for energy security in Asia.The global market has flipped within four weeks from a healthy supply surplus to a severe deficit, leading to price spikes and fuel shortages. Almost 30bn cubic meters of LNG has been removed from global supply chains, with over 80% of this loss affecting the Indo-Pacific region.Experts warn that it will take years to recover LNG supplies and that the crisis will have a lasting impact on the energy landscape in Asia. Governments are racing to overcome shortfalls, with some countries introducing measures to reduce energy consumption, such as four-day workweeks and remote work arrangements.
#Liquefied Natural Gas #Coal #Iran
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Politics Mar 31, 2026

Chris Rokos Pledges Record £190 million to Cambridge for New School of Government

British billionaire Chris Rokos has committed a historic £190 million to the University of Cambridg…
British hedge‑fund billionaire Chris Rokos has announced a £190 million endowment to the University of Cambridge to create a new, eponymous school of government. The pledge, comprising an initial £130 million and a further commitment of up to £60 million that the university will match, is believed to be the largest single donation ever made to a UK university. The Rokos School of Government is slated to open in temporary facilities this autumn, offering PhD and master’s programmes focused on public policy, leadership and governance. In the longer term it will relocate to a purpose‑built campus within Cambridge’s West Innovation District, positioning itself as a direct rival to Oxford’s Blavatnik School of Government, which was launched in 2010 with a £75 million gift. Rokos, 55, rose from a state primary school to a scholarship at Eton and a mathematics degree at Oxford before co‑founding the hedge fund Brevan Howard and later establishing Rokos Capital Management, which now employs over 350 staff. He is listed on the Sunday Times Rich List with an estimated net worth of £2.6 billion and is among the UK’s biggest taxpayers. Speaking about the donation, Rokos said, "I was fortunate to be given an education that transformed my life, and I would like to give something back to Britain. My hope is that, in time, the influence of the Rokos School of Government across the world becomes an important element of that soft power, which has been a great asset to the UK." University officials framed the new school as a response to “growing turbulence in domestic and international politics, increasing polarisation of political opinion, and long‑term structural changes in the economy.” The institution aims to provide a “unique forum for radical and remarkable thinking,” leveraging Cambridge’s tradition of scientific innovation and interdisciplinary collaboration. Vice‑chancellor Prof. Deborah Prentice added, "Tackling the enormous challenges facing our world requires radical new ways of thinking and approaches to leadership. Cambridge’s strengths across all disciplines and its convening power make it uniquely positioned to drive this innovation. Thanks to Chris’s generous support, the Rokos School will become a place where current and future leaders, together with experts from across our institution, generate the insights and solutions needed for a rapidly changing world." The school’s establishment also reflects a broader trend of private wealth shaping public‑policy education in the UK, echoing similar high‑profile gifts such as Leonard Blavatnik’s £75 million donation to Oxford. By creating a dedicated hub for governance studies, Rokos hopes to cement Cambridge’s role as a training ground for future world leaders and to reinforce Britain’s international influence. Rokos Capital Management recently made headlines when talks to appoint former UK ambassador Peter Mandelson as an adviser were terminated following renewed scrutiny of the Epstein scandal, underscoring the complex interplay between finance, politics and public perception. The £190 million endowment not only marks a milestone for UK higher‑education philanthropy but also signals a strategic investment in the development of policy expertise that could shape global governance for decades to come.
#Chris Rokos #University of Cambridge #Rokos School of Government
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