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The recent ceasefire between the United States, Israel, and Iran has brought a fragile calm to the region, but experts warn that energy prices may take months to normalize. The conflict had a significant impact on global oil and gas supplies, particularly through the Strait of Hormuz, a critical waterway through which 20% of the world's oil and gas exports pass.Iran's response to US-Israeli attacks included choking off the Strait of Hormuz and attacking energy infrastructure in several Gulf countries. This led to soaring prices for energy and byproducts like helium, as well as fertilizers that rely on these inputs, affecting sowing seasons and consumers worldwide, especially in developing countries.Experts stress that a predictable and stable flow of cargo through the strait is needed before markets can stabilize. Currently, only a trickle of vessels are passing through, with five vessels crossing on Wednesday and seven on Thursday, down from 120-140 ships per day before the conflict.Rockford Weitz, a professor at The Fletcher School at Tufts University, described the situation as 'the biggest disruption in the history of global oil markets.' He emphasized that normalization will take time and requires collaboration among global powers and regional players.Additionally, concerns remain about Iran charging toll fees and skyrocketing insurance fees, which could keep oil prices high. However, experts agree that these fees are not the primary cost drivers.The International Monetary Fund (IMF) has warned of a looming inflation crisis and plans to downgrade its forecast for the world economy. Kristalina Georgieva, IMF managing director, stated that growth will be slower, even if the new peace is durable.For now, oil prices are expected to remain higher than pre-war levels due to the overhang of greater risk premium of supplies out of the Gulf. The situation remains uncertain, with experts closely watching for any side deals, such as a potential agreement between Iraq and Iran, which could impact oil production and prices.

Zohran Mamdani celebrated his 100‑day anniversary as New York City’s mayor amid a backdrop of frigid crowds at City Hall and a historic milestone: the city filled 100,000 potholes in just over three months. The 32‑year‑old Democratic socialist, the first Muslim mayor of the United States’ wealthiest city, framed his early tenure as a test of whether a platform built on affordability could be translated into concrete governance. His administration’s headline achievement is the launch of a universal childcare initiative. Partnering with Governor Kathy Hochul, the mayor secured $1.2 billion from the state’s 2026 budget—funds drawn from existing revenue streams rather than new taxes—to add 2,000 daycare seats in low‑income neighborhoods. Sign‑ups for two‑year‑old slots will open in June, with allocations announced by August. “One in four New Yorkers lives in poverty, and after housing, childcare costs are pushing families out of the city,” Mamdani told Al Jazeera, underscoring the program’s role in curbing a citywide affordability crisis. Parallel to the childcare rollout, the mayor’s pothole‑filling campaign has become a symbolic win. By early April, crews had patched the 100,000th pothole, a move Mamdani described as proof that the city can handle “the smallest tasks in New Yorkers’ lives” before tackling larger challenges. However, the administration faces criticism on several fronts. Snowstorm responses earlier in the year exposed gaps in emergency planning, prompting Mamdani to acknowledge the need for better tools to manage “bus stops, sidewalks, and crosswalks.” A newly released cost‑of‑living index revealed that 62 % of New Yorkers cannot afford basic expenses, with families on average falling nearly $40,000 short of a sustainable budget. The burden is especially acute for communities of colour—77 % of Hispanic and 65 % of Black residents are financially strained. Fiscal conservatives, such as Manhattan Institute adjunct EJ Mahon, argue that New York already imposes the highest tax rates on millionaires in four decades, warning that further “tax‑the‑rich” rhetoric could drive wealth out of the city. Local commentator Aria Singer echoed this concern, suggesting that aggressive tax hikes might prompt billionaires to relocate, undermining job creation. Housing remains a central battleground. Rents have risen roughly 25 % since 2019, and while Mamdani’s proposal to freeze rents would affect only about half of the rental stock, his administration is pushing an aggressive construction agenda to increase supply and stimulate competition. Political dynamics add another layer of complexity. The mayor’s ability to raise taxes or fund ambitious projects hinges on Governor Hochul’s approval, as the city lacks autonomous authority over most tax levers. Moreover, initiatives like free city buses require cooperation with the state‑run Metropolitan Transit Authority (MTA). Strategist Adin Lenchner of Carroll Street Campaigns cautioned that sustained grassroots pressure will be essential for Mamdani to translate his agenda into lasting policy, noting that even former President Barack Obama struggled to maintain such momentum. Beyond policy, Mamdani has confronted a surge in xenophobic incidents targeting Jewish and Muslim communities, including a vehicle attack on a Brooklyn Jewish centre and an alleged ISIS‑inspired explosive device outside his Gracie Mansion residence. He condemned the violence, emphasizing that “such acts are antithetical to who we are.” As the 100‑day mark passes, the mayor’s focus has shifted from the symbolic cold of his inauguration to the practical heat of governing a city that demands tangible results. While potholes may seem minor, Mamdani argues they are a litmus test for public trust: “If we can’t fix the pothole you hit every day, how can you trust us with bigger challenges?”

England's women's rugby team, the Red Roses, is on the brink of another Women's Six Nations title, with many considering them unstoppable. Despite missing at least eight Rugby World Cup winners due to injury, pregnancy, and retirement, they remain the team to beat.Their remarkable squad depth has allowed them to seamlessly replace key players, such as Abby Dow and Zoe Stratford, with talented newcomers like Claudia Moloney-MacDonald and Meg Jones. This conveyor belt of talent, combined with their pioneering full-time contracts, has been a key factor in their dominance.John Mitchell, England's head coach, believes his team still has room for improvement, stating, 'We're definitely very challenging on ourselves around how we want to get better.' He emphasized that his team is 'unfinished' and that the youth in the squad are still developing.While England is the clear favorite, Ireland and France are seen as potential challengers. Ireland, led by captain Erin King, has been improving steadily under coach Scott Bemand and will face England in their opening game. France, with new head coach François Ratier, has been consistent but is yet to unlock their full potential.The tournament will feature several exciting matches, including Wales vs. Scotland and France vs. Italy. As the competition heats up, all eyes will be on whether anyone can finally dethrone the Red Roses and bring an end to their eight-year winning streak.

Winter Garden Theatre’s latest revival of Arthur Miller’s 1949 classic reimagines the Loman household as a bleak garage, its sheet‑metal doors and dust‑laden floor evoking a timeless industrial backdrop rather than a specific era. Designed by Chloe Lamford, the set’s grayscale palette and sepia‑tinted flashbacks reinforce the play’s decay‑laden atmosphere.Directed by Joe Mantello, the production leans into minimalist staging to amplify the emotional rawness of the script. Nathan Lane inhabits Willy Loman with a mix of frantic energy and tragic vulnerability, his trademark brassiness turning the character’s long‑winded rants into a hypnotic rhythm. Opposite him, Laurie Metcalf delivers a razor‑sharp Linda, whose pragmatic fury and exhausted composure anchor the family’s disintegration.The cast also includes Christopher Abbott as Biff, Ben Ahlers as Happy, and K. Todd Freeman as the Black neighbor Charley, a casting choice that subtly flips the racial dynamics explored in the 2022 revival, where the Lomans were portrayed as a Black Brooklyn family.Lane’s Willy wrestles with the collapse of the post‑war American Dream, clinging to a broken promise of prosperity while refusing Charley’s offer of work—a moment that lands with a palpable “I just can’t work for you” that resonates as a critique of white entitlement and crumbling masculinity.Metcalf’s Linda, meanwhile, embodies the often‑unseen labor of holding a family together, delivering lines with “blistering anger” that underscores the personal toll of Willy’s delusions. Their interplay creates a “stark and gutting tragedy” that, despite its familiar arc, feels freshly relevant.Beyond the performances, the revival reflects a three‑decade‑long journey for Mantello’s vision, now backed by producer Scott Rudin, whose return to Broadway follows years of controversy. The production’s success suggests that Miller’s meditation on failure and aspiration still strikes a chord with contemporary audiences.In a theater climate often wary of bleak narratives, this revival proves that the American Dream’s collapse can still command attention, especially when delivered by a duo as compelling as Lane and Metcalf.

The International Monetary Fund has cautioned that the US‑Israel war on Iran could ignite a new wave of global inflation, jeopardising the outlook for world growth even if the current cease‑fire endures. IMF Managing Director Kristalina Georgieva announced on Thursday that the Fund will lower its growth projection for the global economy at next week’s IMF‑World Bank Spring Meetings, stating that the conflict has turned a potential upgrade into a growth downgrade. Earlier this year the IMF had lifted its forecast to 3.3 % growth for the 191‑member economies. That optimism evaporated after the war erupted on 28 February, driving up oil and natural‑gas prices, damaging energy infrastructure such as refineries and tanker terminals, and disrupting fertilizer shipments essential for global agriculture. Georgieva warned that the conflict is eroding business and consumer confidence and urged member nations to “get your house in order” as heightened defence spending adds further strain to the world economy. She also expressed confidence that the IMF will secure U.S. congressional approval this year for a 50 % increase in quota‑based lending resources, unlocking more of its roughly $1 trillion lending capacity. The United States, the Fund’s largest shareholder, would thereby provide crucial financial reassurance amid uncertain future developments. In a newly released report, the IMF estimated that countries directly involved in armed conflict typically see output fall by about 3 % at the outset, accumulating to roughly 7 % losses over five years. However, the study noted that economies like the United States may avoid severe economic damage because the fighting does not physically affect their own territory. Central banks are also on alert. Georgieva emphasized that “the central bank cannot afford to let inflation spiral out of control,” a statement that precedes the U.S. Federal Reserve’s two‑day policy meeting scheduled for 28–29 April, where interest‑rate decisions will be made amid political pressure from President Trump to lower rates. Other monetary authorities, including the Bank of Mexico, warned that the Middle‑East turmoil could push inflation higher in Latin America’s second‑largest economy, underscoring the broader spill‑over risks of the conflict.

The LA28 Olympics has opened ticket sales globally after a record-setting first week of local presales, underscoring strong early demand for the Games. The organisers reported that they sold more tickets in the first week than any previous Olympic Games had in their opening week.The initial phase of ticket sales was limited to residents of the Los Angeles and Oklahoma City areas, with hundreds of thousands of $28 tickets snapped up by local buyers. However, some buyers complained about high costs and fees, and a lack of ticket availability.“The success of the locals presale speaks for itself,” LA28 CEO Reynold Hoover said in a statement. “We’re thrilled by the level of interest and enthusiasm in tickets to the Games.”The global sales launch, known as “Drop 1,” runs through April 19 for fans who were selected through a draw and assigned time slots. Tickets are available across Olympic events, including the opening and closing ceremonies.Organisers acknowledged that some fans experienced sticker shock after a marketing push around the $28 entry-level tickets, only to find many of the cheapest seats had already gone quickly or that some events were priced much higher.Allison Katz-Mayfield, LA28’s senior vice president for games delivery revenue, told the Reuters news agency that the outcome was not unexpected because the least expensive tickets were always likely to move fastest.“We really wanted to make sure that the locals had access to the most affordable tickets, and we saw that come to life through this presale,” she said, adding that more low-cost inventory would be released in future sales phases.LA28 said more than 1 million tickets priced at $28 will ultimately be made available to the public. Nearly half of all Olympic tickets are priced under $200, while more than three-quarters, including finals, are less than $400. Only about 5 percent of tickets cost more than $1,000, organisers said.The organising committee is under pressure to show it can deliver a fiscally responsible Games without burdening taxpayers, who could be on the hook for cost overruns. LA28 has said its more than $7bn operation will be funded principally through ticket sales, sponsorship and hospitality.

The fertility rate in the United States has dropped to an all-time low, continuing a two-decade decline that has seen births in the country drop by nearly 23 percent since 2007.According to data released by the US Centers for Disease Control and Prevention (CDC), the fertility rate for 2025 was 53.1 births per 1,000 women aged 15 to 44, a one percent drop compared to the year before.Experts attribute the change to a variety of factors, from changing priorities among younger women to socioeconomic factors such as anxiety over the cost of living and the affordability of housing and childcare. For example, the average cost of childcare in California is nearly $22,000 per year, while in Alabama it is nearly $8,000.Even though Alabama's costs are lower, the institute noted that $8,000 is the equivalent of 27 weeks of full-time work for a laborer making the minimum wage in the state. In California, it would take a minimum-wage worker 33 weeks to earn enough for childcare costs alone.Falling birth rates have also grabbed the attention of policymakers, with some seeking to roll out tools to incentivize young couples to have children. The administration of United States President Donald Trump promised to embrace pro-birth policies, sometimes referred to as pro-natalist policies.

Israel's heaviest and deadliest air attacks on Lebanon in years have left the country reeling, with at least 254 people killed and over 1,160 injured. The strikes, which occurred in dozens of locations across Beirut, its suburbs, the south, and the eastern Bekaa Valley, have sparked fears of a rising toll as more victims are recovered from the rubble.The attacks came hours after a Pakistani-negotiated ceasefire between the US and Iran took effect, but Israel and the US argued that Lebanon was not included in the agreement. US President Donald Trump described Lebanon as a 'separate skirmish,' while Israeli Prime Minister Benjamin Netanyahu claimed the ceasefire 'does not include Lebanon.'Netanyahu's goal appears to be taking advantage of the fluid situation to maximize operational achievements in Lebanon, according to Dania Arayssi, a senior analyst at New Lines Institute for Strategy and Policy. 'He must take into account that a US-Iran deal might include ceasing the war on Iranian proxies, which would greatly complicate the Israeli war effort against Hezbollah in Lebanon.'The conflict escalated in early March when Israel intensified its war on Lebanon, following a salvo of rockets launched by Hezbollah. Since then, over 1,700 people have been killed and more than 1.2 million displaced. Hezbollah has claimed its right to respond to the attacks, affirming that it will resist occupation and respond to aggression.The airstrikes, which included over 100 attacks in fewer than 10 minutes, targeted Hezbollah headquarters and military targets, but many strikes were in densely populated residential areas. Hospitals were overwhelmed, and people were forced to flee their homes, with some attempting to return to their homes in the south amid confusion over Lebanon's inclusion in the ceasefire.'People are afraid,' said Najib Merhe, owner of a restaurant in the Manara neighborhood. 'This kind of situation no one can afford nor endure.'

Atletico Madrid stunned Barcelona 2-0 in their Champions League quarterfinal first-leg match, with Julian Alvarez and Alexander Sorloth scoring crucial goals at Camp Nou on Wednesday.The La Liga leaders dominated the game after Pau Cubarsi was sent off for bringing down Atletico's Giuliano Simeone, who was through on goal. Alvarez whipped home a free kick, and Sorloth doubled their advantage with 20 minutes remaining, giving Atletico a strong chance of reaching the semifinals.Diego Simeone's side, who have never won the competition, reached the 2014 and 2016 finals but were beaten by rivals Real Madrid on both occasions. Barca, semifinalists last season, need a huge comeback next Tuesday in Madrid to stand a chance of lifting the trophy they last won in 2015.Barcelona started well, with Marcus Rashford, on loan from Manchester United, their main threat down the left. However, Atletico's defense held strong, and they capitalized on Cubarsi's red card to secure the win.Atletico knocked Barca out of the Copa del Rey in the semifinals in March, and this was the second of three meetings between the sides in a space of two weeks. The win gives Atletico a significant advantage ahead of the second leg next Tuesday.