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Rory McIlroy has taken a commanding lead at the Masters, surging six shots clear of his nearest rivals with a breathtaking second-round 65. The 36-year-old McIlroy, seeking to become the fourth man to win back-to-back Masters titles, carded an eagle and 10 birdies to post 12 under par. McIlroy's closest challengers are Patrick Reed and Sam Burns, both on six under, while Justin Rose, Shane Lowry and Tommy Fleetwood are a further stroke back on five under. McIlroy's stunning chip-in at the 18th hole capped a dominant display, setting up a tantalizing prospect of a second Green Jacket. Tyrrell Hatton moved to four under with a 66, while Brooks Koepka recovered from pre-tournament criticism to card a 68 and make the cut. The halfway cut eliminated several notable players, including Bryson DeChambeau after a chaotic 18th hole.

When wages have been stagnant for almost two decades and a simple tube of toothpaste now costs nearly £7 at a major supermarket, the claim that “money can’t buy happiness” feels increasingly dismissive. The argument rests on a narrow view of what money can achieve. Spending cash solely on material goods yields only short‑lived pleasure. In contrast, the ability to afford time, experiences and mental‑health support expands one’s sense of freedom and purpose. Even basic needs such as leisure have become commodified; more disposable income simply translates into more opportunities to pursue what matters. As someone diagnosed with ADHD, I have learned—through personal trial rather than formal neuroscience—how to secure a steady supply of dopamine. The cheapest route is not a quick thrill, but activities that provide lasting satisfaction, such as novel experiences and moments of awe. One vivid example came during a winter trip to rural France, where two feet of snow turned the landscape into a scene straight out of Narnia. The awe‑inspiring view was a reminder that nature’s restorative power is often accessible only to those who can afford the travel, in my case a budget flight with Ryanair. Research supports the intuition that higher income correlates with greater happiness. A 2023 study by psychologists at Princeton and the University of Pennsylvania found that people with higher earnings report higher life satisfaction, though money cannot resolve non‑financial sources of unhappiness. Even the world’s richest are not immune to the paradox. Earlier this year, Elon Musk—on track to become the first trillionaire—tweeted that anyone who says “money can’t buy happiness” must be missing something. While Musk’s wealth may not guarantee personal joy, the same resources could provide a foundation for happiness for billions facing financial strain. Nevertheless, hoarding wealth like a dragon does not equate to fulfillment. The column suggests that redirecting a portion of vast fortunes toward travel, cultural enrichment, and shared experiences could transform isolated wealth into collective well‑being. In short, financial stability reduces stress and broadens horizons. It allows individuals to invest in the intangible assets—time, relationships, awe‑inducing experiences—that truly enrich life.

Rory McIlroy says the intensive scouting trips he made to Augusta National in the weeks before the Masters were pivotal to his dominant performance. His second‑round 65, which featured six birdies in the final seven holes, set a new tournament record and made him the first defending champion to lead by six strokes at the halfway mark. Rather than using his three‑week break from the PGA Tour to rest, McIlroy leveraged his private jet to maximize time on the course. He described a routine of dropping his daughter Poppy at school, flying to Augusta, playing a round, then returning home for dinner with his wife Erica. He believes this blend of family time and focused practice was more valuable than a traditional tournament warm‑up in Houston or San Antonio. “I’ve been on this golf course so much the last three weeks,” McIlroy explained. He spent the period honing his chipping and putting, playing a single ball to explore the course’s nuances, and locating “weird places” that most players never encounter. He credits this immersion as a major factor in his record‑setting round. Looking ahead, McIlroy says the size of his lead will not dictate his mindset for round three. He will be joined by Sam Burns on Saturday, with Patrick Reed and Justin Rose slated for the penultimate group. “I’ve built up a nice cushion,” he noted, adding that his focus remains on “playing two good rounds again” and keeping his “foot on the gas.” McIlroy also dismissed any notion that he is trying to intimidate his rivals. “Golf is the most amazing game because it’s you, your ball and the course,” he said, emphasizing that external pressure should not affect a player’s performance.

JD Vance, the US Vice-President, has embarked on a high-stakes mission to Islamabad to negotiate a peace deal with Iran, a task that has been likened to a 'poisoned chalice.' Vance's challenge is to secure a durable peace between a rhetorical ceasefire and the resumption of hostilities.Vance, a vocal critic of US wars in the Middle East, now finds himself at the forefront of efforts to end the conflict. His presence at the talks, the highest-level meeting since the Iranian revolution of 1979, underscores the significance of this diplomatic push. However, Iran's negotiators feel emboldened by their recent successes, including control of the strategic Hormuz strait and their resilience in the face of a massive US-Israeli onslaught.The path to negotiations is fraught with hurdles. Iran has set conditions for talks, including the release of its blocked assets, a demand the US has not publicly agreed to. Mohammad Bagher Ghalibaf, Iran's parliamentary speaker, emphasized that these conditions must be met before negotiations can begin. This stance could complicate Vance's efforts to initiate meaningful dialogue.Vance's mission could have far-reaching implications for his potential presidential run in 2028. His credentials as a MAGA supporter have been questioned due to his less-than-enthusiastic approach to the war in Iran. The outcome of these talks could either bolster or undermine his political standing.Tehran's negotiators are known for their tireless and relentless bargaining style, which could put Vance under significant pressure. The US, while able to walk away from the negotiating table, cannot guarantee the free flow of marine traffic from the Persian Gulf, giving Iran key leverage over the White House. This dynamic could have profound implications for the global economy, particularly in terms of fuel shortages and supply chain disruptions.Before departing for Islamabad, Vance indicated that his team had received clear instructions from Donald Trump regarding the negotiations. He expressed a willingness to engage in good faith with Iran but warned against attempts to 'play' the US. The success of these talks remains uncertain, but their impact on global stability and Vance's political future is undeniable.

Israeli Prime Minister Benjamin Netanyahu announced on Thursday that his cabinet has been directed to begin cease‑fire talks with Lebanon "as soon as possible", a day after Israel launched its largest‑scale offensive against the neighbour, resulting in over 300 fatalities and more than 1,150 injuries.Netanyahu said the request followed “repeated calls” from Beirut for direct dialogue, yet he reaffirmed that Israel will continue targeting Hezbollah. Analysts caution that the intensified strikes could undermine the US‑Iran cease‑fire negotiations slated to start Saturday in Pakistan.The heavy bombing on Wednesday was carried out without the customary warnings, just hours after the United States and Iran announced a two‑week cease‑fire in the broader US‑Israel‑Iran conflict that began on 28 February. While attacks persisted into Friday, their intensity had lessened, and Hezbollah responded with missile fire into Israeli territory.Experts suggest the Wednesday onslaught was designed to disrupt Tehran’s diplomatic overtures, as Iran has insisted that any negotiations must be predicated on a halt to hostilities against both Iran and its ally Hezbollah.Hezbollah, which originated as a resistance movement to Israel’s 18‑year occupation of southern Lebanon (1982‑2000), now functions as both a political party and a formidable armed group—described as comparable to a medium‑sized army and stronger than the Lebanese military.Both Israeli and Lebanese officials have signalled a willingness to engage in peace talks, but Israel’s ongoing bombardment fuels scepticism. Netanyahu reiterated that disarming Hezbollah remains a top priority, even as he ordered the commencement of negotiations.Israeli army chief Eyal Zamir warned on X that the Israeli Defence Forces will continue to fight Hezbollah with “great intensity” and are prepared to resume full‑scale operations if required.Lebanese Prime Minister Joseph Aoun welcomed the prospect of talks, yet Beirut has insisted that any negotiations must occur only after a complete halt to Israeli attacks.The United States is reportedly applying pressure on Israel to curb its campaign. According to a Wall Street Journal report, former President Donald Trump called Netanyahu to urge an end to the bombing, a message echoed by Vice President JD Vance, who said Israel had agreed to “check itself” in Lebanon. European allies, notably Germany and France, have also called for an immediate cessation of hostilities.Hezbollah, which holds 15 of Lebanon’s 128 parliamentary seats, has categorically rejected any dialogue with Israel. Analysts note that Iran’s insistence on including Lebanon in the cease‑fire agreement could strain relations with the Lebanese government, which seeks a greater say in any war‑time decisions.Iran’s 10‑point peace proposal to the United States explicitly demands that Israel halt attacks on all Iranian allies, including Hezbollah, for the cease‑fire to hold. Continued Israeli strikes are therefore viewed as a “grave violation” of Tehran’s red lines and could jeopardise the fragile truce.Confusion persists over whether Lebanon was part of the US‑Iran cease‑fire deal. While Pakistan’s Prime Minister Shehbaz Sharif affirmed that the agreement covered “everywhere including Lebanon,” U.S. officials, including Trump and Vance, later claimed Lebanon was not included, leading to mixed messages on the ground.As displaced Lebanese begin returning home, the uncertainty surrounding the cease‑fire’s scope underscores the complex web of regional actors—Israel, Hezbollah, Iran, the United States, and Pakistan—each influencing the prospects for a sustainable peace.

Djibouti's voters are heading to the polls to choose their next president, with incumbent leader Ismail Omar Guelleh expected to easily secure a sixth term. Guelleh, 78, has been in power since 1999 and won re-election in 2021 with 98 per cent of the vote.Guelleh's only opponent is Mohamed Farah Samatar, the leader of the Unified Democratic Centre (CDU), a party with no seats in parliament. The election comes after politicians scrapped presidential age limits last year, paving the way for Guelleh to extend his 27-year rule.Human rights groups have accused authorities of abuses and repressing freedom of political activity, while the government has denied the allegations. Two main opposition parties have boycotted elections since 2016.The election is being observed by several international organisations, including the African Union (AU), the Organisation of Islamic Cooperation (OIC) and the League of Arab States. Guelleh has governed the small nation in the Horn of Africa since 1999, when he succeeded Hassan Gouled Aptidon, the founding president of the country with about a million people.Djibouti hosts important military bases for the United States, France, China and other powers, earning it a reputation as the country with the most foreign military bases. It is also an important port hub for landlocked neighbours such as Ethiopia.

UK Prime Minister Keir Starmer and former US President Donald Trump convened to explore military options aimed at reopening the Strait of Hormuz. The discussion reflects heightened concern over recent disruptions that have threatened the flow of oil through the narrow Gulf passage. The Strait of Hormuz, a critical chokepoint through which roughly 20% of global petroleum shipments transit, has faced intermittent closures due to regional tensions. Both leaders emphasized that ensuring safe passage is essential for stabilising global energy markets and preventing price spikes. While specific operational plans were not disclosed, the dialogue reportedly focused on coordinated naval patrols and the potential deployment of rapid-response forces to deter any further blockades. Analysts note that such a joint stance could signal a broader Western commitment to maintaining freedom of navigation in the Persian Gulf. Experts caution that any military escalation carries risks, including the possibility of widening the conflict with regional actors. Nonetheless, the meeting highlights the strategic priority placed on the Strait by both London and Washington, aiming to safeguard a vital artery of the world economy.

The United States has experienced a notable surge in inflation, with consumer prices rising by nearly 1 percent in March. This significant increase, one of the highest short-term inflation rates in years, is largely attributed to the disruption of energy markets amid the ongoing conflict with Iran. According to a report by the US Bureau of Labor Statistics, the inflation rate in March was 0.9 percent, up from 0.3 percent in February. This marks the largest increase since May 2022, during the peak of the cost-of-living crisis triggered by the COVID-19 pandemic. The March increase was primarily driven by energy prices, with gasoline prices surging by 21.2 percent and fuel oil prices increasing by more than 30 percent. The energy index saw a 10.9 percent increase in March, the largest monthly rise since September 2005. The escalation in prices followed the US and Israel's launch of an all-out war on Iran on February 28, which resulted in the killing of Iran's Supreme Leader Ali Khamenei. In response, Tehran closed the Strait of Hormuz, causing oil and gas prices worldwide to skyrocket. The price of a barrel of oil reached $120, up from about $70 on February 27. In the US, the price of one gallon of gasoline exceeded $4.1, a significant increase from less than $3 before the conflict began. Although a two-week ceasefire was agreed upon between the US and Iran, marine traffic in the Strait of Hormuz remains at a fraction of its pre-war levels. US President Donald Trump has warned Iran against blocking the strait or charging vessels for safe passage. About 20 percent of the world's oil passes through the Strait of Hormuz. While the ceasefire has brought some relief to the global energy market, with oil prices dropping to less than $100, US consumers are still paying $4.15 on average at the petrol pump. Experts suggest that it will take several months for prices to stabilize. The inflation report comes as US politicians focus on the cost of living and affordability, ahead of the November midterm elections. Trump's Democratic rivals have criticized him for launching the war without congressional approval, highlighting the increased economic costs for Americans.

Shipping through the strategic Strait of Hormuz remains effectively halted even after Washington and Tehran announced a two‑week ceasefire on Tuesday, dampening expectations of a swift end to one of the most severe energy disruptions in recent memory. According to ship‑tracking data from market‑intelligence firm Kpler, only five vessels crossed the waterway on Wednesday, down from eleven the day before, and seven managed the passage on Thursday. The figure is a stark contrast to the pre‑conflict norm of 120‑140 daily transits that the strait typically handled before the February 28 attacks by the United States and Israel. More than 600 vessels, including 325 tankers, are still stranded in the Gulf, as reported by Lloyd’s List Intelligence. Ana Subasic, Kpler’s trade‑risk analyst, warned that even if the ceasefire holds, safe‑passage capacity is likely to stay limited to 10–15 ships per day, reflecting shipowners’ caution and the absence of any toll‑free guarantee. The strait channels roughly one‑fifth of the world’s oil and LNG supplies. Its continued blockage therefore sustains pressure on global energy markets. After a brief dip, Brent crude rose to $96.39 a barrel at 02:00 GMT on Friday, having slipped below $95 the previous day. U.S. President Donald Trump accused Iran of violating the ceasefire’s “safe passage” clause, labeling Tehran’s performance “very poor” in a Truth Social post. Iran’s foreign minister, Abbas Araghchi, countered that the United States had not honored its commitments, urging Washington to choose between a genuine ceasefire and “continued war” linked to Israel’s actions in Lebanon. Maritime veteran C Uday Bhaskar described the atmosphere in the strait as one of “uncertainty and anxiety,” noting that shipping firms remain fearful, especially after Iranian statements about newly laid mines. Sultan Ahmed Al Jaber, CEO of the UAE’s state‑run oil giant ADNOC, echoed the sentiment, asserting that Iran’s conditional permissions amount to “coercion, not freedom of navigation.” Asian equity markets responded positively to the tentative easing of oil price pressure. Japan’s Nikkei 225 climbed 1.8 %, South Korea’s KOSPI rose about 2 %, and Hong Kong’s Hang Seng Index gained roughly 1 % in early Friday trading. While the ceasefire offers a diplomatic window, the reality on the water remains stark: the Strait of Hormuz is far from open, and the global energy system continues to feel the strain of constrained maritime traffic.