Breaking AI & Tech News Analyzed

Amid the escalating United States‑Israel confrontation with Iran, parliamentary speaker Mohammad Bagher Ghalibaf has emerged as an unexpected voice on financial strategy, posting a series of warnings on X that market‑moving headlines are often engineered to trigger profit‑taking. Ghalibaf’s core advice is simple yet provocative: if a headline inflates prices, bet against it; if it drags prices down, go long. He describes pre‑market news bursts as a “reverse indicator” designed to manipulate investors. His posts are laced with sarcasm, referencing alleged manipulation of oil futures and even joking about turning rhetoric into “actual fuel at the pump.” Behind the humor, analysts say, lies a calculated effort to exploit the overlap between digital propaganda and real‑world conflict. The backdrop to Ghalibaf’s messaging is Iran’s use of asymmetric warfare, notably the brief shutdown of the Strait of Hormuz—a chokepoint through which roughly 20% of global oil and LNG shipments pass. The closure sent crude prices soaring and heightened economic pressure worldwide, underscoring Tehran’s ability to influence U.S. markets by targeting critical supply routes. On March 22, Ghalibaf warned financial institutions that support U.S. military financing in the Middle East, declaring that U.S. Treasury bonds are “soaked in Iranians’ blood” and that their portfolios were under surveillance. Economist Jo Michell of the University of the West of England observes that falling equity markets, rising energy costs, and higher interest rates could eventually force President Donald Trump to seek a diplomatic exit from the conflict. Michell notes that Trump often delivers his most aggressive statements over weekends when markets are closed, only to retreat before the opening bell—a pattern traders have dubbed TACO (“Trump always chickens out”). Indeed, when Trump’s original 48‑hour deadline for Iran to reopen the Strait of Hormuz loomed, he extended it by five days and later pledged a further 10‑day pause on attacks against Iranian energy infrastructure, actions that analysts interpret as deliberate market signaling. Middle‑East specialist Zeidon Alkinani explains that the conflict’s volatility creates new leverage points beyond direct price manipulation. Even light‑hearted rhetoric from officials like Ghalibaf can exacerbate market instability, as investors scramble for any hint of the war’s trajectory. In this environment, uncertainty itself becomes a powerful market driver. Alkinani stresses that the significance of the Strait of Hormuz now extends beyond physical oil flow disruptions; it reshapes investor expectations and amplifies the impact of digital messaging, especially given Trump’s high‑visibility online presence. Overall, Ghalibaf’s social‑media campaign illustrates how Tehran is blending military pressure with information warfare, turning market sentiment into an additional front of the broader geopolitical struggle.

Heavy rain has caused devastating floods and landslides in Afghanistan and Pakistan, resulting in at least 45 deaths over the past five days. Afghanistan's National Disaster Management Authority (ANDMA) reported that 28 people have been killed and 49 injured in Afghanistan, with over 100 homes destroyed. The majority of deaths in Afghanistan occurred in central and eastern provinces, including Parwan, Maidan Wardak, Daikundi, and Logar. ANDMA warned that weather conditions remain unstable, posing a continued risk of more rain and flooding in some areas. A total of 1,140 families have been affected by the floods. In Pakistan's Khyber Pakhtunkhwa province, which shares a border with Afghanistan, 17 people were killed and 56 wounded, according to the Provincial Disaster Management Authority. The floods have prompted the closure of several highways and further rains and storms are forecast. Afghanistan is particularly vulnerable to extreme weather, especially heavy rainfall and monsoon seasons, which frequently trigger floods and landslides in remote areas with fragile infrastructure. In January, flash floods and snowfall caused at least 17 deaths and killed livestock.

Washington state has taken a historic step towards a more progressive tax system by passing a 9.9% income tax on millionaires. The tax, which will take effect in 2028, targets the state's ultra-wealthy residents and aims to address the state's regressive tax system.The tax was championed by activists and lawmakers, including Noel Frame, who has been pushing for a wealth tax for over 15 years. Frame's efforts were previously met with resistance from the tech industry, particularly Microsoft and Amazon, which are headquartered in the state.The new tax is seen as a significant departure from the state's previous stance on taxation. Washington state has long been known for its lack of an income tax, instead relying on sales, business, and property taxes. However, this system has been criticized for being regressive, with the state's poorest residents paying a larger share of their income in taxes.The millionaire tax is expected to bring in much-needed revenue for public services, including public schooling and healthcare. The state's budget gap has been growing, and lawmakers have been struggling to find ways to balance the books.The tax is also seen as part of a national movement towards more progressive taxation. Several other states, including California, Colorado, Michigan, and New York, are considering wealth taxes. The movement is driven in part by growing public awareness of the wealth gap and the need for more equitable taxation.Despite the potential for the tax to drive away wealthy individuals and businesses, research suggests that taxation is not a major factor in decisions to move to a different state. Instead, factors such as work opportunities, family, and lifestyle choices play a much larger role.The tax is expected to face legal challenges and potential opposition from opponents who argue that it will harm the state's economy. However, supporters of the tax argue that it is a necessary step towards creating a more equitable tax system and providing more revenue for public services.

Tottenham Hotspur has officially announced the appointment of Roberto De Zerbi as their new head coach, signing him to a five-year contract. The Italian manager, renowned for his daring and aggressive possession-based approach, faces a significant challenge as he takes over with the club precariously positioned just above the relegation zone.Spurs are set to play seven matches to end the season, with their next fixture scheduled against Sunderland on the upcoming Sunday. Notably, De Zerbi's contract does not include any break clause in the event of Tottenham being relegated.De Zerbi expressed his delight in joining the club, stating, “I am delighted to be joining this fantastic football club, which is one of the biggest and most prestigious in the world. In all my discussions with the club’s leadership, their ambition for the future has been clear – to build a team capable of reaching great achievements and to do that playing a style of football that excites and inspires our supporters.”The appointment of De Zerbi comes after Igor Tudor, the interim manager, parted ways with the club by mutual consent. Tudor had taken over temporarily following the departure of Thomas Frank on February 14.De Zerbi previously managed Brighton & Hove Albion, where he achieved significant success, leading the club to a sixth-place finish in the Premier League and qualification for the Europa League. His tenure at Marseille also yielded impressive results, with a second-place finish in Ligue 1 and Champions League qualification.Despite his successes, De Zerbi is also known for his volatile personality and has had public disagreements with players and clubs in the past. The immediate concern for Spurs will be whether De Zerbi can adapt quickly and lead the team to avoid relegation.

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.

President Donald Trump took to his Truth Social account on Tuesday to lambaste several European governments for declining to support the United States’ military campaign against Iran. He told nations struggling with fuel shortages to “go get your own oil” by force, a statement that immediately pushed global oil markets higher. European leaders pushed back. France barred Israeli aircraft carrying weapons from traversing French airspace, while Italy reportedly denied a last‑minute request for U.S. bombers to land in Sicily. Spain’s defence minister announced that Madrid would no longer tolerate “lectures” from any foreign power after refusing U.S. use of its bases and airspace. The United Kingdom, despite allowing U.S. forces to operate from its bases, faced a public rebuke from Trump, who singled out the UK for its inability to secure jet fuel through the Strait of Hormuz. U.S. Secretary of Defense Pete Hegseth echoed the president’s hard‑line stance, suggesting that allied navies should be ready to intervene in the strategic waterway. Analysts warn that any attempt to seize the Strait of Hormuz by force would be highly risky and likely unrealistic. Nonetheless, the rhetoric has already contributed to a surge in fuel costs: U.S. gasoline prices have crossed the $4‑per‑gallon threshold for the first time in four years, and Brent crude slipped below $104 a barrel after Iranian President Masoud Pezeshkian hinted at a possible de‑escalation. The conflict, now in its fourth week, has claimed more than 3,000 lives and triggered a worldwide economic shock. Irish Taoiseach Micheál Martin described the oil‑supply disruption as “probably the worst ever,” reflecting growing anxiety over inflation, stagnant growth, and a cost‑of‑living crisis that many nations are already grappling with. In a parallel diplomatic development, Pakistan and China unveiled a joint five‑part proposal aimed at ending hostilities and reopening the Strait of Hormuz, though it remains unclear how this aligns with recent U.S. diplomatic overtures through Islamabad. Meanwhile, the war’s regional dimensions have intensified. Israel announced plans to permanently occupy a swath of southern Lebanon up to the Litani River, a move that would cement its military presence well beyond the current confrontation with Hezbollah. Even the Vatican entered the fray. Pope Francis expressed hope that the fighting would cease by the upcoming Easter weekend, urging world leaders to find “ways to reduce the amount of violence.” His comments were widely interpreted as a subtle rebuke of the Trump administration’s aggressive posture. Overall, Trump’s incendiary remarks have highlighted a widening fissure between Washington and its traditional European partners, while the escalating oil price volatility underscores the broader economic ramifications of the Iran conflict.

The Tottenham Hotspur Supporters’ Trust has issued a scathing statement on the club’s recent appointment of Roberto De Zerbi as head coach on a five‑year contract. The Trust says the move places a heavy strain on unity while the team fights to avoid relegation from the Premier League. Central to the criticism is De Zerbi’s public endorsement of Mason Greenwood during his tenure at Marseille. Greenwood, a former England forward, faced serious criminal allegations in 2022—including attempted rape, controlling and coercive behaviour, and assault occasioning actual bodily harm. The Crown Prosecution Service discontinued the case in February 2023 after key witnesses withdrew and new material emerged, though Greenwood has consistently denied the charges. De Zerbi described Greenwood as a “good person” and expressed sympathy for the player, remarks that were swiftly condemned by supporter groups such as Proud Lilywhites (the club’s LGBTQI+ association) and Women of the Lane. The Trust noted it had reached out to Tottenham before the appointment to voice its opposition. “While we recognise the limited pool of managers with recent Premier League experience, this appointment raises serious and far‑reaching concerns,” the Trust said. “De Zerbi’s comments about Mason Greenwood were unnecessary, ill‑judged, and deeply offensive to many supporters, and will alarm victims of male violence.” The Trust warned that unchecked statements could create a divide among supporters at a time when the club’s “All Together, Always” initiative is meant to rally fans behind the team. It called on Tottenham and De Zerbi to publicly reaffirm their commitment to equality, respect and integrity, and to back those words with concrete actions, including sustained support for women’s charities fighting violence. Tottenham have been contacted for comment.

Pakistan and China have jointly released a five-part proposal aimed at bringing peace to the Middle East, as the conflict between Iran and the US shows no signs of abating. The plan, which was agreed upon during a meeting between Pakistan's Foreign Minister Ishaq Dar and his Chinese counterpart Wang Yi, calls for an immediate ceasefire and the protection of key waterways, including the Strait of Hormuz.The proposal is part of Pakistan's broader efforts to position itself as a peacemaker in the region, with Prime Minister Shehbaz Sharif and Army Chief Syed Asim Munir engaging in diplomatic communications with global leaders, including US President Donald Trump and Iranian President Masoud Pezeshkian. Islamabad has also hosted talks with foreign ministers from Saudi Arabia, Turkey, and Egypt in an attempt to find a regional solution to the conflict.China, which has maintained a neutral stance in the conflict, has emphasized the importance of dialogue and diplomacy in resolving the crisis. The joint statement from Pakistan and China highlighted that dialogue and diplomacy are the only viable options to resolve conflicts, although there appears to be little substantive progress in bringing key participants to the negotiating table.Pakistan's push for peace is driven by both geopolitical and domestic concerns. The country shares a 560-mile land border with Iran and has significant stakes in ending the conflict, including economic concerns related to the blockade on fuel and gas through the Strait of Hormuz. Furthermore, Pakistan is home to the world's largest population of Shia Muslims outside Iran, and there are fears that the conflict could stir up sectarian tensions.Rafiullah Kakar, a Pakistani columnist and political analyst, noted that Islamabad seeks to reinforce its standing as a consequential middle power within the broader Muslim world and to signal continued geopolitical importance to external partners, particularly Washington and the Gulf states. However, with serious instability in Iran having direct implications for Pakistan's security, Islamabad is keen to avoid being dragged into the conflict.

As gas prices surge past $4 a gallon, Donald Trump's approval rating has plummeted to 33%, the lowest during his second term, according to a University of Massachusetts Amherst poll. The war on Iran, which has led to rising fuel costs, is becoming a liability for the Republican party.JD Vance, the vice-president and potential 2028 Republican presidential candidate, is attempting to distance himself from the Iran conflict. Sources close to Vance are speaking out, claiming he has always been against the war. Axios reported that Vance had expressed skepticism about Israel's prime minister, Benjamin Netanyahu, over the war.Vance's wife, Usha, is also gearing up for a public role, launching a podcast called 'Storytime With the Second Lady' aimed at children, a move seen as an attempt to build a positive public image ahead of the 2028 election.Despite these efforts, Vance's charisma and credibility are being questioned. His appearance on The Benny Show podcast, where he discussed UFOs and aliens as 'demons,' has raised concerns about his judgment and appeal to a broader audience.