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Sports Apr 03, 2026

UEFA warns Italy could lose Euro 2032 co‑hosting rights over substandard stadiums after World Cup failure

UEFA president Aleksander Ceferin cautioned that Italy may forfeit its Euro 2032 co‑hosting duties …
UEFA chief Aleksander Ceferin warned that Italy’s ability to co‑host Euro 2032 with Turkiye is in jeopardy because many of the nation’s football venues rank among the worst in Europe. In an interview with La Gazzetta dello Sport, Ceferin said, “Euro 2032 is scheduled and will take place, of that there is no doubt. I just hope that the infrastructure in Italy will be ready. If that’s not the case, the tournament will not be held in Italy.” He added that the core issue lies in “the relationship between the football authorities and politics,” suggesting that political interference has hampered stadium development. By October, Italy must submit a list of five stadiums for the tournament, choosing from eleven candidate cities: Rome, Florence, Bologna, Milan, Genoa, Bari, Naples, Turin, Cagliari and Palermo. Work on any new or renovated venue must commence by March 2027 to meet UEFA deadlines. At present, only Juventus’s Allianz Stadium in Turin meets UEFA standards for Euro 2032 matches. Meanwhile, Inter Milan and AC Milan have acquired the San Siro site and aim to deliver a new 71,500‑seat arena on the same footprint by 2031, but the transaction is under investigation for alleged bid‑rigging. In Rome, local authorities have approved a new stadium in the city’s eastern district, while Fiorentina’s Artemio Franchi Stadium is undergoing redevelopment. Naples unveiled a €200 million renovation plan for the Diego Armando Maradona Stadium, which includes removing the surrounding running track – a project the mayor says is essential “regardless of 2032.” The UEFA warning follows a historic setback for Italian football: the Azzurri, coached by Gennaro Gattuso, were eliminated from the 2026 World Cup after a 4‑1 penalty defeat to Bosnia and Herzegovina in the UEFA playoff final, marking the first time a former champion has missed three consecutive World Cups. Should Italy fail to upgrade its venues, UEFA has indicated that the tournament could proceed without Italian venues, preserving the event’s schedule but stripping Italy of the prestige and economic benefits of hosting matches.
#italy #uefa #turkiye
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World Economy Apr 02, 2026

SpaceX files $75 billion IPO, eyeing $1.5 trillion valuation and Musk's trillionaire goal

SpaceX has quietly filed for an initial public offering that could raise up to $75 billion and push…
SpaceX has submitted paperwork for an initial public offering that could debut as early as June or July, targeting a capital raise of $75 billion. If the market pricing aligns with analysts’ forecasts, the launch could lift the company’s valuation to nearly $1.5 trillion, roughly double its worth in December. Such a valuation would place founder Elon Musk on a clear trajectory toward becoming the planet’s first trillionaire, a milestone that would eclipse the $25.6 billion record set by Saudi Aramco’s 2019 IPO. Renaissance Capital’s data analyst Angelo Bochanis told Reuters that, much like Tesla, SpaceX’s market price will hinge on investor confidence in Musk’s long‑term vision. "Investors are clamouring for any exposure to SpaceX," he added. Despite Musk’s controversial public persona and his involvement in multiple high‑profile ventures, industry experts remain bullish. Kat Liu, vice‑president at IPOX, noted that SpaceX is "operationally mature, technologically ahead in several key areas, and profitable," providing a solid foundation for a public listing. The company’s recent merger with Musk’s artificial‑intelligence startup xAI and the continued dominance of its Starlink satellite network—now the world’s largest satellite communications platform—have reinforced investor interest. SpaceX’s ambitious roadmap includes a lunar base and a crewed Mars mission, though timelines remain uncertain. Musk has previously admitted a "50‑50 chance" of delivering an uncrewed Starship to Mars by the end of 2026. Financial data firm Pitchbook estimates the IPO could nearly double the company’s market cap, underscoring the scale of potential investor demand. If realized, the offering would not only reshape the space‑tech sector but also set a new benchmark for public market fundraising.
#spacex #ipo #starlink
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News Apr 02, 2026

Magnitude 7.4 Earthquake Rocks Off Ternate, Indonesia, Prompting and Then Lifting Tsunami Alert

A 7.4‑magnitude quake struck the Northern Molucca Sea near Ternate, Indonesia, killing one person a…
A magnitude 7.4 earthquake erupted in the Northern Molucca Sea off the coast of Ternate, Indonesia, resulting in at least one fatality and an initial tsunami alert that was later rescinded.The United States Geological Survey (USGS) clarified that the tremor, first reported as magnitude 7.8, actually occurred at a depth of 35 km, deeper than the early estimate of 10 km. Apart from the confirmed death, no other immediate injuries were reported.The quake’s epicentre lay roughly 120 km (75 mi) from Ternate in the North Maluku province, prompting local authorities in Ternate and nearby Tidore to ready evacuation plans. Metro TV broadcast footage of damaged structures across the area.In Manado, North Sulawesi, a building collapse buried a resident, leading to the sole confirmed death; a rescue official added that another person sustained a leg injury.The Hawaii‑based Pacific Tsunami Warning Center (PTWC) warned of potentially hazardous waves within a 1,000‑km radius, affecting coastlines of Indonesia, the Philippines and Malaysia.Within thirty minutes, Indonesia’s BMKG agency recorded wave heights of up to 75 cm in North Minahasa and 20 cm in Bitung, both on Sulawesi’s northern shore, with an additional 30 cm rise in North Maluku.Just over two hours after the event, the PTWC lifted the tsunami warning, declaring that the threat had passed.Indonesia’s position on the Pacific Ring of Fire makes it especially vulnerable to such seismic activity, underscoring the importance of rapid monitoring and public‑safety measures.
#indonesia #ternate #manado
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Politics Apr 02, 2026

Iranian Mourners Defy US Threats at IRGC Commander’s Funeral on 47th Republic Anniversary

Thousands gathered in Tehran to mourn IRGC naval commander Alireza Tangsiri, killed in an Israeli s…
Thousands of Iranians assembled in Tehran for the funeral of senior IRGC naval commander Alireza Tangsiri, who was killed in an Israeli strike, vowing steadfast resistance even as the United States issued stark warnings.The ceremony took place on the 47th anniversary of the Islamic Republic, a milestone that marks the 1979 revolution that ended the centuries‑old monarchy.This year’s commemoration carries added weight as the capital endures relentless U.S.-Israeli bombardments that began on February 28."This war has lasted a month. No matter how long it takes, we will keep fighting," declared Moussa Nowruzi, a 57‑year‑old pensioner, adding, "We will resist until the end."Among the mourners, a young boy brandished a sign reading "Revenge", while massive Iranian flags fluttered as crowds filled Enghelab Square, the heart of the city named after the revolution.Chants of "God is greatest, Khamenei is the supreme leader" echoed through the square, and a man was seen sobbing in the arms of a woman dressed in black.Participants also honored relatives lost in the conflict, their faces displayed on placards, as Tangsiri’s coffin was carried slowly through the gathering.Tangsiri, one of the IRGC’s longest‑serving senior officers, was credited with orchestrating the closure of the Strait of Hormuz to vessels aligned with the United States and Israel during the ongoing war.Later that day, U.S. President Donald Trump addressed the nation on television, reiterating that the war was inevitable and that America intended to "finish the job" in Iran.Trump previously claimed that Iran’s president had sought a truce—a statement Tehran denied—and warned that bombardments would continue until the Hormuz waterway was "open, free, and clear."Funeral attendees dismissed the president’s threats. "We have heard Trump say things that even the American public finds confusing," said Homa Vosoogh, 36, adding, "His statements do not affect us."Government employee Mohammad Saleh Momeni echoed the sentiment, asserting that Trump "cannot translate his words into action" and reaffirming their loyalty to Iran’s leadership.While the United States and Israel initially framed their campaign as a push for regime change, Trump’s stance has since wavered.According to the report, air strikes have claimed the life of Supreme Leader Ayatollah Ali Khamenei, who led Iran for 36 years, yet the governing structure remains functional, retaining its missile and drone capabilities.Portraits of the late leader and his son Mojtaba Khamenei, who has yet to appear publicly, dominate public spaces throughout Tehran."They believe killing our commanders will weaken us, but it will not," Momeni asserted, describing the adversaries’ misconceptions.Despite a wave of anti‑government protests that peaked in January, a segment of the population continues to harbor hopes for political reform.
#Iranian Revolutionary Guard Corps #Alireza Tangsiri #Donald Trump
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Sports Apr 02, 2026

Denver Summit Shatters NWSL Attendance Record with 63,004 Fans

The Denver Summit set a new NWSL single-game attendance record with 63,004 fans attending their fir…
NWSL Commissioner Jessica Berman noted that breaking their own record again shows that this is not a moment, but sustained momentum. She added that when one club sets a new standard, it creates energy and belief across the entire league, driving more interest and attention. The Denver Summit's success is seen as a model for other teams, combining strong local ownership, intentional community engagement, and a clear understanding of how to turn a match into a must-attend event.
#denver #nwsl #home
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Economy Apr 02, 2026

US Economy in Turmoil: One Year On from Trump's 'Liberation Day' Tariffs

It's been one year since Donald Trump's 'liberation day' tariffs shook the global economy. Experts …
It's been 12 months since Donald Trump's 'liberation day' on April 2, 2025, when the US president introduced tariffs on nearly every country the US did business with. The move sent shockwaves through the global economy, causing chaos in Washington and beyond. Experts say that if Trump had spent the last 14 months on the golf course instead of in the White House, the US economy would be in a better place. The wholesale slashing of government jobs and defunding of US aid agencies had already signaled that Trump was in a hurry to upset institutions he considered profligate or useless. Investors quickly understood that chaos was an essential tool in Trump's armoury. Almost as soon as he was inaugurated, there was a steady decline in the value of the dollar against other currencies. Investors sold assets denominated in dollars and bought assets elsewhere: Europe, Asia, South America. Dario Perkins, the head of global research at the consultancy TS Lombard, said: 'If you think that discouraging investors from buying assets in the US is a victory, then you don’t believe in a growing economy.' He added that Trump's policies had led to a decline in US manufacturing jobs and a growing trade deficit. The data supports Perkins' claims. US companies stopped hiring almost as soon as liberation day was announced. Significant revisions in February to data covering 2025 pushed payroll employment down by 403,000 jobs, resulting in the addition of just 181,000 jobs last year. This small boost is set against the 163 million people who are employed in the US. Russ Mould, the investment director of the British stockbroker AJ Bell, said: 'America is still home to the world’s largest economy and its reserve currency, as well as the globe’s largest equity and bond markets, but investors continue to reassess their exposure one year on from liberation day.' The next few months of steadily increasing confidence levels followed probably the calmest period in the second Trump presidency. But sentiment began to fall again in the autumn as the White House battled with Congress over the federal budget deficit and much of the public sector was shut down. A poll by the University of Michigan showed consumer confidence at a near record low at the end of 2025. A six-month moving average produced by the Conference Board showed every generation, from baby boomers to gen Xers, had lost confidence in the economy over the past year. Trump’s liberation day executive order stated: 'The decline of US manufacturing capacity threatens the US economy in other ways, including through the loss of manufacturing jobs.' However, the US manufacturing sector shed 100,000 jobs between January 2025 and March 2026. The ratio of manufacturing workers to total nonfarm employment fell to the lowest point since 1939. Bryan Riley, the director of the National Taxpayers Union Foundation’s free trade initiative, said: 'One year after liberation day, the evidence is in. Tariffs failed even by the Trump administration’s own terms. They did not shrink the trade deficit, did not revitalise manufacturing and did not help farmers. It would be a mistake to replace one set of failed tariffs with another.' Some major US companies have redirected their investments to Europe, but China has proved to be one of the main beneficiaries. In the year to February 2026, China’s industrial profits increased by 15.2%. It's a boom that Beijing will struggle to repeat should Chinese companies face fuel and energy shortages and price hikes. But the decline of two major powers can only be to China’s gain.
#Donald Trump #tariffs #US manufacturing jobs
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Sports Apr 02, 2026

Eleven Premier League Clubs in Contention for European Spots Next Season

The Premier League's competitive nature has made the battle for European places exciting, with 13 t…
The Premier League title race may be all but over, but the battle for European places is heating up, with as many as 13 teams still in contention. The Champions League and Europa League have expanded, and the introduction of the Conference League has added another layer of complexity to the qualification process.Currently, just seven points separate Liverpool in fifth place and Bournemouth in 13th, making it the smallest gap between fifth and 13th at the start of April since the 1992-93 season. This close competition means that several teams have a realistic chance of qualifying for Europe.Nine English teams played in Europe this season, with six in the Champions League, two in the Europa League, and one in the Conference League. The Premier League is likely to earn at least one extra Champions League spot due to its teams' strong performance in Europe. Arsenal and Liverpool are still in the Champions League, while Nottingham Forest and Aston Villa are in the Europa League, and Crystal Palace is in the Conference League.Champions League QualificationThe Premier League is all but certain to earn one of the two extra Champions League spots available for leagues whose teams perform best in Europe. There is also a possibility of two more Champions League spots for English clubs if Liverpool and Aston Villa win their respective European competitions and finish outside the top five.Europa League QualificationThere are at least two spots for English teams in the Europa League. If the top five Premier League sides qualify for the Champions League, the team that finishes sixth and the FA Cup winners will be in the Europa League. However, if a top-six team wins the FA Cup, the spot will go to the next-highest ranked team in the Premier League.Conference League QualificationManchester City earned a place in the Conference League by winning the League Cup, but will finish in the top six, so their spot passes down to the highest-placed team that have not already qualified for Europe. Depending on the FA Cup winner and European results, the team that finishes eighth, ninth, or 10th in the Premier League could qualify for the Conference League.Eleven English Teams Could Play in EuropeIn a highly unlikely scenario, 11 English teams could play in Europe next season if Liverpool, Aston Villa, and Crystal Palace win their respective European competitions while finishing outside the top five or six. This would result in seven teams in the Champions League, three in the Europa League, and one in the Conference League.Realistic ExpectationsMore realistically, five English teams will qualify for the Champions League, and a Europa League spot will go to the team finishing seventh due to a top-six team winning the FA Cup. This would mean the teams finishing in the top eight in the Premier League qualify for Europe.
#league #premier #champions
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Lifeandstyle Apr 02, 2026

Debate Ignites Over Designating UK Pubs as Adult‑Only Zones

Letters to The Guardian argue that traditional British pubs should be restricted to adults, citing …
Several readers of The Guardian have voiced strong opinions that the classic British pub ought to be treated as an adult‑only environment. They contend that the interior of a pub, where alcohol is served in large quantities, is fundamentally a space for grown‑ups to relax, converse, and enjoy a drink without the added responsibility of supervising children. Diane Silva of Bournemouth, Dorset emphasizes that while a beer garden might accommodate a family‑friendly dining area during daylight hours, the indoor setting should remain reserved for adults. She likens the situation to adults avoiding children’s play areas such as McDonald’s ball pits or playground swings, noting that “it’s not our space.” Other contributors echo this sentiment. Penny McPhillips from Garstang, Lancashire recalls a past legal claim involving a theatre patron who slipped on ice, suggesting that entitlement among customers can lead to a broader abdication of responsibility, especially when tickets, drinks, or even school uniforms have been purchased. Nigel Linford of Eastbourne, East Sussex adds a cultural reference, quoting WC Fields: “Any man who hates dogs and children can’t be all bad,” to underline the notion that discomfort with children in certain public venues does not make one wholly unreasonable. The letters also mention pub landlord Egil Johansen, who, according to the writers, is not alone in feeling pressured by customer expectations that blur the line between family hospitality and adult leisure. Overall, the correspondence calls for a clearer distinction between indoor pub spaces—reserved for adult patrons—and outdoor areas that could safely host families, thereby preserving the traditional role of the pub as a “wind‑down” spot for adults.
#pub #not #pubs
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World Economy Apr 02, 2026

AI and Influencers Propel Global Secondhand Clothing Market Toward $289 bn Forecast

The global resale clothing market is set to grow 12% this year to $289 bn, driven by AI‑enhanced pl…
Forecasts indicate that the worldwide secondhand apparel sector will expand by 12% in 2024, reaching $289 bn (£217 bn), buoyed by artificial intelligence tools and social‑media influencers that help consumers locate desired items.Platforms such as Vinted, Depop, Vestige and ThredUp are expected to sustain an average 9% annual growth over the next five years, pushing the market to an estimated $393 bn—roughly double the growth rate of the broader clothing industry.The outlook stems from ThredUp’s latest resale report, which incorporates analysis from GlobalData. In 2021 the market was valued at just $141 bn, meaning the projected 2024 figure is more than double that baseline.Major brands—including Dr Martens, Zara and Mulberry—are now entering the resale space, either by offering pre‑owned pieces or refurbishing items to satisfy rising consumer demand."Resale is no longer merely expanding; it’s capturing direct market share," said James Reinhart, co‑founder and CEO of ThredUp. The report notes that resale now accounts for one‑tenth of global clothing sales, and that the U.S. secondhand market grew nearly four times faster than the overall market by 2025.ThredUp’s own revenue climbed 20% to $310.8 m last year. Depop reported a 42% increase to £101 m, while Vinted posted a 36% rise to €813.4 m (£710 m) in 2024. However, profitability remains elusive: ThredUp posted a $20 m pre‑tax loss, Depop a £42 m loss, and only Vinted turned a profit, earning €76.7 m. Depop was recently acquired by eBay from Etsy.Reinhart warned that rising inflation—spurred by geopolitical tensions that lift energy and fuel costs for manufacturers—could push more shoppers toward affordable secondhand options."The industry stays robust, driven by young consumers' behaviour," he added.Artificial intelligence is streamlining the massive inventories of resale platforms, enabling rapid cataloguing and matching of items to buyer preferences. "Netflix and Spotify spent decades building data and algorithms to recommend content; AI can achieve similar personalization for fashion almost instantly," Reinhart explained, noting that this reduces friction between spotting an item on social media and completing a purchase.Looking ahead, the market’s next phase will be defined by firms that can unlock supply and leverage AI to connect inventory with the next generation of shoppers, according to Reinhart.Analyst Neil Saunders of GlobalData highlighted that consumers aged 14‑45 (Gen Z and millennials) are projected to generate 70% of market growth. He emphasized that discovery tools must migrate to the social feeds where these shoppers spend their time, and that technology will be essential to simplify selling and maintain sufficient stock for expanding demand.
#thredup #vinted #depop
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