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In a stark address delivered as the cease‑fire in the Iran conflict teetered, IMF Managing Director Kristalina Georgieva warned that the war will leave a permanent scar on the global economy, slowing growth beyond the IMF’s original projections for 2026. Georgieva noted that, had the hostilities not erupted six weeks ago, the Fund would have been poised to raise its 2026 growth outlook. Instead, even the most optimistic scenario now entails a downgrade, and a swift return to pre‑war conditions appears unlikely. The uncertainty surrounding the cease‑fire—exacerbated by divergent positions of Washington and Tehran—has already pushed oil prices higher, reflecting fears of continued disruptions to shipments through the Strait of Hormuz, a vital conduit for world energy supplies. According to the IMF’s upcoming World Economic Outlook, the conflict’s “scarring effects” will translate into lower living standards worldwide. The Fund had previously forecast global growth of 3.1% in 2026, a modest slowdown from 3.2% in 2025, buoyed by a tech‑driven investment surge. Georgieva emphasized that the war arrived when the economy was riding “considerable momentum” from technology investment and supportive financial markets. She outlined the mechanisms of damage: damaged infrastructure, supply‑chain interruptions, eroded confidence, and prolonged uncertainty over oil and gas production in the region. These factors will depress growth regardless of whether a peace agreement is ultimately reached. Georgieva highlighted that the most vulnerable will be net oil‑importing nations, poorer economies and small island states, which stand to feel the brunt of higher energy costs and reduced trade flows. She urged governments to avoid unilateral measures such as export bans or price controls, warning that such actions could "pour gasoline on the fire" and further destabilise markets. With many countries already carrying elevated debt levels and higher borrowing costs, the IMF chief called for targeted, temporary assistance to protect the most at‑risk households. She cautioned against broad tax cuts or blanket energy subsidies, which could stoke inflation and strain fragile public finances. Central banks, she added, should keep policy rates steady while remaining ready to act against inflationary pressures. Bank of England Governor Andrew Bailey, who also chairs the Financial Stability Board, echoed the IMF’s concerns, describing the conflict as a "very big shock" that has heightened market volatility. He stressed that the situation remains fluid and that policymakers must stay vigilant. Overall, the IMF’s message is clear: the Iran war will reshape the global growth trajectory for the foreseeable future, and coordinated, prudent policy responses are essential to mitigate its lasting impact.

Meta announced the launch of Muse Spark, the debut artificial‑intelligence model from the company’s ambitious "superintelligence" squad that was assembled last year with a multi‑billion‑dollar budget. The team, spearheaded by former Scale AI chief Alex Wang—brought on board in a $14.3 bn acquisition—has been offered compensation packages running into the hundreds of millions to attract top talent. Muse Spark is the first installment of the internally codenamed "Avocado" series. For now, the model is accessible only through Meta’s AI app and website, but Meta says it will soon supplant the existing Llama models that power chatbots on WhatsApp, Instagram, Facebook and the firm’s smart‑glasses lineup. Unlike earlier open releases of Llama, Meta has kept Muse Spark’s architecture details under wraps, offering a private preview to a select group of unnamed partners. In a blog post, Meta described the system as "small and fast by design, yet capable enough to reason through complex questions in science, math and health," positioning it as a solid foundation for future, larger versions. Independent testing shows Muse Spark narrowing the gap with leading models from Google, OpenAI and Anthropic in language and visual comprehension, though it still trails in coding and abstract reasoning tasks. The model placed tied for fourth on a comprehensive AI benchmark compiled by Artificial Analysis. CEO Mark Zuckerberg had previously cautioned investors that early releases would be modest but would demonstrate a "rapid trajectory." Wang echoed this sentiment on social media, acknowledging "rough edges" that will be refined over time and confirming that bigger variants are already in development, with some slated for open release. Beyond performance metrics, Meta hinted at commercial ambitions, embedding shopping suggestions directly into its AI chatbot to guide users toward purchasable items. With over 3.5 billion active users across its platforms, the company hopes AI‑driven personal tasks will boost engagement and create a competitive edge over rivals with smaller user bases. Practical use‑cases highlighted include estimating meal calories from a photo, virtually placing a mug on a shelf via augmented reality, and a new "Contemplating Mode" that runs multiple agents simultaneously—mirroring advanced reasoning features seen in Google’s Gemini Deep Think and OpenAI’s GPT‑Pro. Meta says this mode could, for example, help a family plan a vacation by having one agent draft an itinerary while another scouts kid‑friendly activities.

Jon McClure, the Sheffield‑born frontman of Reverend and the Makers, has taken a seat on the board of Sheffield FC – the world’s oldest football club – after joining a new minority‑ownership group with David Bianchi. The move marks the first time the musician has taken on a formal role in a football institution.McClure, a lifelong Wednesday supporter, first approached the club eight years ago but felt he wasn’t yet “in a mature enough position” to steward a cultural landmark. Since last month he has been actively reviewing the club’s operations and seeking ways to modernise a team that currently competes in the ninth tier of English football.The appointment comes as Sheffield FC enjoys a surge in interest, having recorded a club‑record league attendance of 1,172 spectators for a recent defeat to Tadcaster. The side will host the same opponents again in a Northern Counties East League playoff semi‑final after finishing third in the division.Unlike the high‑profile takeovers at Dagenham & Redbridge or Wrexham, McClure insists his approach will be “more considered”. He acknowledges the club’s history of “years of dysfunction” and warns against “putting rocket boosters on a three‑wheeler”, emphasizing a need for steady stabilisation before growth.Founded in 1857, Sheffield FC’s claim to fame is its role in codifying the modern game – a narrative McClure says is “still under‑told”. The club boasts the first football kit, the first recorded derby and a unique FIFA order of merit shared only with Real Madrid, offering “global IP opportunities”, according to the chair.To translate heritage into footfall, McClure has introduced free entry for children, hoping to lift typical matchday crowds from 300‑400 to larger numbers. He also highlights a logistical hurdle: the club’s “Home of Football” ground sits in Dronfield, Derbyshire, outside Sheffield’s city limits, prompting a long‑term ambition to relocate to a multi‑purpose venue in the city centre.McClure’s celebrity connections are already bearing fruit. He invited Sheffield music legend Richard Hawley to a recent fixture and maintains a friendly rapport with Sheffield United manager Chris Wilder, despite the historic rivalry between the city’s clubs.In a nod to modern digital culture, McClure’s brother Chris created the viral persona “Steve Bracknall”, the fictional assistant manager of the Royal Oak. When the Royal Oak played a real match at Sheffield FC, the event drew over 2,000 fans on the ground and half a million online viewers, including Robbie Williams, branding it “the biggest game in Sunday league history”.Looking ahead, McClure is keen to expand the club’s junior and women’s programmes, envisioning an “1857 Academy” that could scale globally if built on the right foundations. While a leap to the Northern Premier League is the realistic target, the broader goal is to cement Sheffield FC as a thriving community hub that honors its status as the birthplace of football.

The little corella infestation on Kangaroo Island has reached critical levels, with the birds causing widespread destruction and disruption to daily life. Despite a recent culling effort that resulted in the death of 2,640 little corellas, authorities acknowledge that it won't be enough to mitigate the problem.The birds, which are not native to the island, have been covering a local school in faeces, tearing up infrastructure, damaging crops, and causing mental distress to residents with their screeching. They have also been spotted using the nesting hollows of the endangered glossy-black cockatoo, smashing their eggs and killing their nestlings.Past attempts to control populations by shooting, scaring, trapping, or gassing them have failed, with the highly intelligent birds learning how to survive or just moving to cause havoc somewhere else. The Kangaroo Island Landscape Board's general manager, Will Durack, says that night-time shooting was more efficient, with the roosting birds easier to kill in large numbers, but it is not clear how much of a dent they made in the population.The little corellas have created a perfect environment for themselves on the island, with a predictable water supply from stock troughs and dams, and food from grain crops. Residents have expressed concerns about the physical and mental health impacts of the infestation, including the spread of diseases such as ornithosis and the disruption to daily life caused by the birds' loud shrieks.Coordination with other agencies and more resources are needed if the trial is to be expanded, according to the landscape board. A resident, Rodney Bell, has four grandchildren at the school and says: “They poo all over the yard, then the kids are playing in it.” He also mentions that “near the school, they would drive anyone insane from the sheer noise.”

U.S. crude futures tumbled about 16.5% to $94 a barrel after President Donald Trump declared a two‑week ceasefire with Iran. The announcement sparked a broad market rally: S&P; 500 futures jumped over 2%, the dollar weakened across the board, and 10‑year U.S. Treasury futures rose roughly 15 ticks. Investors welcomed the prospect of resuming oil and gas flows through the strategic Strait of Hormuz, a chokepoint that carries roughly one‑fifth of global petroleum shipments. The ceasefire, which Trump said would halt U.S. attacks for two weeks, is being coordinated with the Iranian Armed Forces, and Tehran has pledged to cease its own strikes if the United States does the same. Since the U.S. and Israel launched attacks on Iran at the end of February, markets have been volatile. The conflict forced Iran to effectively close the Strait, contributing to the . The new de‑escalation offers a potential relief valve for inflation‑sensitive economies and could restore confidence in energy‑intensive sectors. "Markets have been predicting that Trump was looking for an off‑ramp in Iran," said Jamie Cox, managing partner at Harris Financial Group. "Today, he got one and took it." The sentiment was echoed by analysts who see the ceasefire as a "good start" that may pave the way for a more permanent reopening of the waterway, though many uncertainties remain. Asian equity futures also pointed higher, reflecting the global impact of lower oil prices on regional markets that have been battered by the war and soaring energy costs. Meanwhile, the dollar's retreat underscores its recent role as a safe‑haven currency during the turmoil. Trump added that the United States had received a "10‑point proposal" from Iran, which he described as a workable basis for negotiations toward a long‑term peace settlement. While the ceasefire is limited to two weeks, analysts such as IG's Tony Sycamore caution that "lots of ifs still to work out" before a durable resolution can be achieved.

The recent ceasefire between the US and Iran offers a glimmer of hope for the energy crisis that has been exacerbated by the conflict in the Strait of Hormuz. However, the deal's stability is already being questioned, with Iran claiming that Israel's attacks on Lebanon breach the agreement. Even if the ceasefire holds and hundreds of tankers stranded in the Gulf start to transit once more, analysts fear that it will not be enough to return the flow of oil, gas, chemicals, and other vital items to pre-crisis levels. An estimated 2,000 vessels with about 20,000 seafarers onboard have been trapped in the Gulf since the outbreak of the conflict. Shipping analysts and owners have cautioned that even a temporary ceasefire does not provide a sufficient guarantee that it is safe to make the passage, particularly because Iran's foreign minister has stated that transit will be under Iranian military management. Many questions remain for shipowners and their captains over whether it is safe to navigate through the strait. The disruption has been compounded by the forced shutdown of oil and gas production across the Gulf as storage facilities reached capacity. In addition, many key energy production sites have been damaged by drone attacks. Experts have said it could take months or years to fully restore the Gulf's energy production. Energy markets have fallen sharply on the hope that millions of barrels of crude oil and gas trapped in the Gulf could soon help to relieve a crisis that the International Energy Agency has said is more serious than the energy flashpoints in 1973, 1979, and 2022 combined. However, traders are also expected to price in a continuing 'geopolitical risk premium' to reflect uncertainty over whether the ceasefire will hold.

NASA's sonifications have made it possible for us to experience the cosmos in a new way, transforming electromagnetic energy into sound waves that our ears can pick up. This innovative approach has allowed us to 'hear' the orbits and energies of celestial bodies like Jupiter, Saturn, and the Sun. The Artemis II mission, which recently slingshotted four astronauts around the moon and back, has provided a unique opportunity for us to connect with the astronauts on board. The mundane details of the mission, such as the wake-up music that NASA pipes into their module every orbital morning, have given us a glimpse into the daily lives of these space travelers. In the 1960s, the Apollo 10 mission encountered mysterious sounds while on the far side of the moon. The astronauts reported hearing a high whistling sound accompanied by a lower whooshing noise. Initially, this sparked speculation, but it was later discovered that the sounds were caused by interference between two VHF radio transmitters on board the spacecraft. NASA's sonifications are not just limited to the sounds of spacecraft. The agency has also created sonifications of cosmic phenomena like black holes and supernovae. These sonifications have allowed scientists to better understand the behavior of these phenomena and have also inspired artistic works. The article also touches on the connection between music and the universe. Samantha Harvey's novel Orbital describes the sounds of celestial bodies, such as Neptune's sound being 'liquid and rushing, a tide crashing onto a shore in a howling storm.' The article also mentions the 'music of the spheres', a concept that dates back to ancient Greece, which suggests that the universe is governed by musical ratios. Overall, NASA's sonifications have opened up new ways for us to experience and understand the cosmos, and have inspired a new generation of artists and scientists to explore the intersection of music and space exploration.

Ryanair is paying airport ground staff €2.50 (£2.20) for every oversized cabin bag they confiscate, a tactic championed by CEO Michael O’Leary to enforce the airline’s strict baggage limits.The airline defines an oversized bag as any item exceeding 40 cm × 30 cm × 20 cm. Passengers who cannot fit their luggage into the gate‑side cage must pay a levy of up to £75 to travel with the bag.O’Leary says the bounty program has been “very successful,” noting a dramatic drop in the number of passengers attempting to board with oversized items. He even increased the bounty by an additional euro last year, stating he “makes no apology for the policy.”While Ryanair’s dimensions are stricter than many rivals—EasyJet, for example, allows bags up to 45 cm × 36 cm × 20 cm—the airline’s limits are actually 33% larger than the EU’s minimum free‑bag size of 40 cm × 30 cm × 15 cm, after a recent 20% volume increase.Travelers who exceed the limits can purchase a Ryanair‑approved cabin bag for £40‑£50 or pay a fee to carry a larger bag on board, ranging from £12 to £36 depending on the route—sometimes exceeding the cost of the seat itself.The aggressive enforcement has sparked criticism over “draconian” interpretation of the rules, but O’Leary dismisses the backlash, arguing the approach protects the airline’s low‑cost model and deters passengers from exploiting loopholes.Industry observers note that Ryanair’s bounty scheme illustrates a broader trend of airlines monetising ancillary services, raising questions about consumer rights and the need for clearer, possibly regulated, cabin‑baggage standards across Europe.

Leicester City's bid to overturn a six-point deduction has been unsuccessful, leaving the club's survival hopes in jeopardy. The Foxes were initially docked points by an independent commission in February for breaching English Football League financial rules, which dropped them from 17th to 20th in the Championship table.Despite their appeal, Leicester have now slipped to 22nd place, a point adrift of safety with just five fixtures remaining. This development has heightened concerns that the club, currently managed by Gary Rowett, could be relegated to League One, a decade after their Premier League triumph.In a statement, Leicester acknowledged the appeal board's decision, stating: “We acknowledge that an independent commission’s decision to recommend a six-point deduction on the club this season has been upheld by an independent appeal board.” The club emphasized their focus on the remaining matches and thanked supporters for their backing.The Premier League initially charged Leicester in May 2025 for profitability and sustainability breaches related to the 2023-24 season. The independent commission found Leicester guilty of breaching the EFL’s profit and sustainability rules, leading to the six-point deduction. The appeal board upheld this sanction, dismissing Leicester's challenges regarding the commission's power and the level of the penalty.