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The Lead Tehran, Iran – In the popular Bastan market in the west of the Iranian capital, where the inviting smell of fresh bread and fruit mingle with the sight of colourful fabrics and clothing, the scene no longer holds its usual joy. Passersby wander among the vendors' stalls, carefully turning goods over only to return them to their places. Everyday Survival in a Hyperinflation Economy "Daily shopping trips have turned into something resembling a reconnaissance mission to find out the new prices," says Mashhadi Firouz, a 63-year-old retiree. "A year ago, a kilo of rice was about 1.8 million rials ($1.31), but today it has crossed the 5-million-rial ($3.63) threshold." Similarly, a bottle of cooking oil has increased from 700,000 rials ($0.51) to more than 3 million rials ($2.18). Fatima, 46, a housewife and mother of three, explains: "I now go to the market three times a week instead of once, not because I need anything, but to see if there is a seller who has goods at a lower price." She adds, "Red meat has become a dream, chicken has become a mere guest on our table, and I have even started counting eggs one by one." The Economic Statistics Behind the Crisis A new report by the Central Bank of Iran revealed a historic jump in the annual inflation rate, reaching 77.2 percent year-on-year in the period between April 21 and May 20, with a monthly increase of 8.5 percent. Furthermore, point-to-point inflation for goods reached 113 percent. This is Iran's highest inflation rate since 1942, during World War II. The Perfect Economic Storm Arman Khaleghi, head of Iran's Chamber of Commerce, Industries and Mines, points to what he describes as a "perfect economic storm" of five factors that have all poured down simultaneously on the Iranian economy. These include: the elimination of the preferential currency, protests at the beginning of the year, the [US-Israeli] "Ramadan War," annual increases in wages and energy prices, and finally the naval blockade that hindered import and export chains. War's Impact on Consumer Behavior "With the outbreak of the war, people rushed to hoard basic goods, such as food and detergents," explains Khaleghi. "Demand jumped despite there being no real shortage in the markets, and this feverish rush alone is enough to drive up prices." The damage inflicted on primary industries, led by petrochemicals, has driven up packaging costs for the food, pharmaceutical and detergent industries, transmitting the contagion of inflation from the factory to the store shelf. The Maritime Blockade's Effect The maritime blockade has made travelling to Iran a perilous mission for cargo ships. "Even the mere news of a ship being targeted immediately raises prices, let alone the existence of actual difficulties and palpable shortages that have forced the search for more expensive alternative land routes," states Khaleghi. The Wage Paradox "The decision to raise wages and salaries was intended to compensate for the effects of the removal of the preferential currency rate and to preserve the purchasing power of the working class," explains Khaleghi. "However, the increase, which seemed substantial on paper, proved entirely insufficient in reality. The result is a sharp decline in real purchasing power, which begins by devouring household savings, then preys on health, medical, and education budgets, until it ultimately impacts daily sustenance." The Vicious Cycle of Economic Decline Khaleghi warns of a vicious cycle closing in on the economy: "We are in a situation where the state itself is bearing the brunt of the economic slowdown. Tax revenues, which were supposed to offset part of the cost of the preferential currency reforms, are also shrinking. Thus, we are faced with an impossible equation: the citizen's income is melting away, the state's income is eroding, and prices continue to soar to heights unseen in decades." Standing on the Edge of an Economic Iceberg "You would think the market is alive, but it is clinically dead," says Reza, 47, a shop owner. "People come here because the market is the last free place for entertainment. They wander aimlessly, remembering the days when they used to enter shopping malls and leave with bags that filled their car trunks." Mahmoud, 37, a lecturer at a private university, offers a historical perspective: "The country used to cover its wounds with petrodollars, and now that the effect of the anaesthetic has worn off, all the ailments have surfaced at once." He adds, "What worries me is not just the price hikes, but the experts' estimates of the consequences of flawed economic policies that have not yet emerged, because they have effectively hidden behind the noise of the war. This means we are standing on the edge of an iceberg; what we see now is only the tip."

Executive Summary: Tragedy in Niger’s DesertAt least 49 people died of thirst after a truck broke down in a remote Sahara district of northern Niger while returning from Mali for Eid al‑Adha. Two passengers survived by walking over 50 km to the nearest settlement.Truck Breakdown Leaves 49 Travelers to Die of Thirst in Niger’s SaharaThe Agadez governorate reported that the vehicle stalled more than 80 km west of the crossing point of Assamaka. The group, traveling from the Malian town of Talhandek, ran out of water and could not repair the truck despite efforts by the driver and assistants.Origin: Talhandek, Mali (≈ 300 km from Niger border)Location of incident: > 80 km west of Assamaka, Agadez regionSurvivors: 2 passengers who walked > 50 km to water sourceHuman Toll and Geographic ScopeThe governorate confirmed 49 deaths from dehydration, with bodies found under the immobilized truck and surrounding sand. Rescuers performed mass burials on site.Implications for Sahel Migration Routes and Humanitarian ResponseThe desert corridor around Agadez is a known transit point for migrants heading toward Europe. This incident underscores the chronic lack of water points and emergency assistance in remote Sahel routes, raising concerns for future humanitarian operations.Future Risks and Needed InterventionsAuthorities and NGOs must improve real‑time monitoring of vehicle convoys, establish water caches, and enhance rapid‑response teams to prevent similar fatalities. Without such measures, the risk of dehydration deaths along the Sahel corridor is likely to rise.

The Asda Turnaround Challenge"It's not bloody inevitable," that Asda will be overtaken by Aldi as the UK's third biggest supermarket, roars Allan Leighton, the veteran retail boss who returned to lead the business after 20 years in November 2024. Leighton is attempting to defy the critics and revive Asda for the second time in his career, despite grocery sales and market share continuing to fall according to industry data.The Market Position and Aldi ThreatWith 580 supermarkets, 517 convenience stores and four stand-alone George outlets, Asda faces significant challenges. In terms of market share, its rival Aldi is now less than one percentage point away from overtaking Asda, where sales and profits have dived since a debt-fuelled £6.8bn takeover in early 2021 by Blackburn's billionaire Issa brothers and the private equity company TDR Capital.The Technology TransformationLeighton admits that "Project Future" – the transfer of Asda's technology from former owner Walmart's systems to its own at an estimated cost of close to £1bn – left gaps on shelves and put plans six months behind schedule. The IT is now "stable," he says, with only smaller jobs to do, availability has improved dramatically and a new deal with Ocado will help modernize Asda's online business from next year.The Competitive Differentiation Strategy"We are more than a supermarket. Everybody thinks we are a supermarket, we are not. Almost 50% of our business does not come from food," Leighton emphasizes. He argues that where Asda can win is through its scale in clothing and general merchandise, which competitors cannot match. "Nobody else can do things the way we do it. We are trying to accentuate that," he says.The Four Pillars of Asda's FutureAsda has four cornerstones according to Leighton – superstores, the George brand, fuel and convenience stores, with online being the future. "We can be the online discounter," he states. Rejecting speculation about selling Asda's Express convenience store chain or merging with Sainsbury's or Morrisons, Leighton focuses on "just be better today than we were yesterday." He claims prices are now between 4% and 7% cheaper than other traditional supermarkets – Tesco, Sainsbury's and Morrisons.The Consumer and Economic ChallengesLeighton acknowledges that "the consumer's confidence is shot" and inflation on food is building again. "We've seen bits of it beginning to come through now," he says. All retailers are under pressure from rising labour, energy and regulatory costs as well as a squeeze on household spare cash. However, Leighton remains optimistic: "If we get it right, then we've got more ammo than anybody else."

Celtic’s leading managerial candidate, former Irish striker Robbie Keane, faces fierce opposition from the club’s pro‑Palestinian supporters after his recent stint with Israeli side Maccabi Tel Aviv, raising questions about the club’s next appointment.Keane’s Israeli Tenure Sparks Pro‑Palestinian ProtestsFans have unfurled Palestinian flags at matches throughout the Gaza conflict and now display graffiti and banners outside Celtic Park in Glasgow demanding the club reject Keane’s appointment. A statement from a group called Celtic Fans for the Liberation of Palestine warned that hiring Keane “would be deeply divisive among the support”. The statement was endorsed by 67 fan groups listed by the “North Curve Celtic” X account.Numbers Behind the Backlash67 fan groups publicly endorsed the anti‑Keane statement.45‑year‑old Robbie Keane was appointed by Maccabi Tel Aviv in June 2023, before the Oct. 7 Hamas attacks.During his tenure he guided Maccabi to a league‑and‑cup double before resigning in 2024.Keane moved to Hungarian side Ferencváros in 2025.Potential Fallout for Celtic’s Brand and Community RelationsCeltic’s identity is rooted in a historic solidarity with oppressed peoples, a narrative reinforced by the club’s Irish‑immigrant origins. The current controversy threatens to split the fan base, pressure the board to reconsider the appointment, and could affect sponsorships and community outreach programs that rely on the club’s reputation for social activism.What the Next Weeks Could Hold for the Managerial RaceReports indicate that club principal shareholder Dermot Desmond is in talks with Keane, while interim boss Martin O’Neill, 74, recently secured the Scottish Premiership title and Scottish Cup. The board must balance sporting ambition with fan sentiment, and a decision—whether to proceed with Keane, retain O’Neill, or explore other candidates—will likely be announced before the pre‑season training window opens in July.

The £24m Gamble at EpsomTwenty months after embarking on a remarkable £24m spending spree on yearlings at Tattersalls' Book 1 sale in Newmarket, football "super-agent" Kia Joorabchian stands at the threshold of potentially the biggest payoff of his career. As the 247th running of the Epsom Derby approaches, Joorabchian will watch two of his high-profile acquisitions, Poker and Ancient Egypt, compete in the premier Classic, with the outcome potentially reshaping his position in the elite world of international horse racing.The Bloodstock Investment BreakdownThe contrasting stories of Joorabchian's two Derby hopefuls illustrate the uncertainties and potential rewards of high-end bloodstock investment. Poker, the most expensive yearling colt ever sold at public auction in Europe, cost 4.3m gns (£4.5m) but has yet to win even a novice event in three attempts, starting as a 200-1 outsider to become the first maiden to win the Derby since 1887.In stark contrast, Ancient Egypt was purchased for 1.1m gns (£1.2m) – approximately a quarter of Poker's price tag – and has already established himself as a serious contender with three wins from four starts. The son of Frankel, out of a full-sister to a Group One-winning mare, represents Joorabchian's more calculated investment, with the Derby being the primary target when the colt was acquired.The Financial Calculus of Racing RoyaltyWhile the total purse for this year's Derby stands at £2m, with approximately half going to the winner's connections, the financial considerations extend far beyond prize money. For Joorabchian, the £24m investment represents an ambitious entry into the exclusive world of international Flat racing, an arena traditionally dominated by individuals with sovereign wealth from Dubai, Qatar, and Saudi Arabia.The true value lies in establishing a virtuous loop between racing success and breeding potential. A Derby-winning son of Frankel would represent an elite stallion prospect, potentially worth many times the original investment through future breeding rights. This strategic approach mirrors the model employed by John Magnier's Coolmore Stud operation, which has dominated European racing for decades.Challenging Establishment in Horse RacingJoorabchian's venture represents a significant shift in the ownership landscape of elite horse racing. For decades, the sport's premier events have been dominated by homebred horses from established operations like Godolphin, Coolmore, and the Aga Khan, as evidenced by last year's Derby where the first nine finishers included multiple homebred champions.Charlie Johnston, Ancient Egypt's trainer, acknowledges the unique position of his high-profile charge: "You try and tell yourself that from the moment they walk through the door, they all get treated the same regardless of price tag or pedigree, but let's say that, as George Orwell would say, all animals are equal but some are more equal than others." The pressure to deliver on such a significant investment is immense, yet Johnston remains focused on the task at hand.The Road to Racing LegacyShould Ancient Egypt triumph at Epsom, it would mark not only a remarkable return on Joorabchian's investment but also a historic achievement for Johnston. The Yorkshire-based trainer would become the first to saddle a Derby winner since 1869, continuing a family legacy built by his record-breaking father, Mark."There would have been time [for another run before the Derby] but I just felt he'd done enough to book his ticket for Epsom," Johnston explains of his decision to bypass additional prep races. With Ancient Egypt's proven pedigree, including connections to six-time Group One-winner Midday, and a developing race record that could complement his breeding potential, the stage is set for what could be a transformative day for both horse and owner in the world of elite horse racing.

The Presidential CatalystFlorentino Pérez's re-election this weekend is the catalyst for Real Madrid's most significant summer transfer maneuver. The club is preparing a €150m bid for Bayern Munich winger Michael Olise, signaling a return to the 'Galáctico' era to end a two-year trophy drought.The Financial Scale of the PursuitThe proposed €150m (approx. £130m) fee places Olise among the most expensive players in the world. This investment comes as Madrid prepares to bolster their defense with Ibrahima Konaté (free transfer) and Denzel Dumfries, aiming to rebuild a squad capable of competing on all fronts.The Mourinho Factor and Bayern's ResistanceThe move is complicated by the impending arrival of José Mourinho as manager, who has already scouted Olise. Bayern Munich, led by honorary president Uli Hoeness, views Olise as 'unsellable' and will fiercely resist the move. This transfer battle highlights the intense competition for top-tier talent in European football.A New Era for Los BlancosIf Pérez wins, Madrid will likely secure Olise, transforming their attack and restoring their dominance. However, a rejection by Bayern could force Madrid to pivot to Joao Neves, altering the summer's transfer landscape.

The Escalating Humanitarian Crisis in Lebanon The United Nations has doubled its call for aid to Lebanon as it bids to stem a “severe and deteriorating” humanitarian crisis brought on by four months of war with Israel. The UN's Revised Aid Appeal The UN’s humanitarian agency OCHA said on Friday that it needs nearly $640m over the next six months. In March, as the hostilities broke out in response to the United States and Israeli attacks on Iran, the UN had said $308m would be needed. Original appeal: $308m Revised appeal: $640m Amount received so far: $185m The Impact of the Conflict Lebanon’s Ministry of Public Health reports that the death toll from Israeli attacks has risen to 3,526 people, with a further 10,733 wounded since March 2. More than one million people have been forced to flee their homes and remain displaced. The Strain on Essential Services “Repeated displacements, insufficient shelter capacity and limited prospects for safe return are deepening vulnerability,” OCHA said in a statement. “Affected people are rapidly exhausting their coping capacities, and essential services are under increasing strain”. The Economic and Health Consequences The UN said the economy was worsening the situation in Lebanon, as fuel and electricity prices have risen due to the effects of the US-Israeli war on Iran on global energy supplies. The strain on the healthcare economy has forced the closure of 62 hospitals that have been damaged or closed, according to OCHA. Lebanese health authorities also reported that more than 100 paramedics have been killed in the conflict. The Future Outlook Hezbollah has rejected the conditional ceasefire agreed by Lebanese and Israeli representatives in Washington on Thursday, instead demanding a full ceasefire and the full withdrawal of the Israeli army from the country.

The Global Sports LandscapeThe world of sports is buzzing with exciting events across multiple disciplines. From the World Cup kick-off to tennis grand slams, cricket history, cycling races, and basketball finals, this quiz tests your knowledge of the latest happenings in the sporting world.World Cup Kick-Off and Player OriginsThe World Cup begins with Mexico playing South Africa in Mexico City, a rerun of the first game in the 2010 World Cup in Johannesburg. Interestingly, France is the country where 98 of the 1,248 players in the 48 World Cup squads were born, with twelve different national teams having players born in France.Champions League Final SurprisesIn a surprising turn of events, PSG beat Arsenal in the Champions League final, but PSG goalkeeper Matvey Safonov didn't make a single save throughout the 120 minutes of play or the penalty shootout.Challenge Cup DominanceWigan showcased their dominance by winning all three Challenge Cup finals at Wembley - the men's, women's, and schools finals - all held on the same day.Historic FA Cup TrebleManchester City made history by winning the men's FA Cup, women's FA Cup, and Youth FA Cup in the same season. They join Chelsea as the only clubs to have achieved this feat, with Chelsea accomplishing it in the 2017-18 season.Serena's Grand Slam ReturnTennis legend Serena Williams is making a comeback at the age of 44. Her last grand slam singles title came in 2017, adding to her remarkable collection of 23 grand slam titles won between 1999 and 2017.Epsom Derby ContendersHorse racing enthusiasts are looking forward to the Epsom Derby, where horses with intriguing names like Item, Action, Christmas Day, and Poker will compete, with Benvenuto Cellini as the favorite.French Open Ranking SurpriseMaja Chwalińska has made waves at the French Open by reaching the women's final despite being ranked No. 114 in the world. The 24-year-old has earned more prize money this week than in the rest of her career combined.IPL Young Star Recognition15-year-old Vaibhav Sooryavanshi won the player of the tournament award in the IPL and received a car as a prize. While he can't drive it yet, he'll be able to in three years' time.Lord's Cricket HeritageAs England hosts New Zealand at Lord's for the 150th Test match at the venue, it's worth noting that the ground is named after cricketer Thomas Lord, with the first Test there held in 1884 when England beat Australia.NHL Stanley Cup FinalsThe Stanley Cup final is visiting Raleigh and Paradise this week, with the Carolina Hurricanes (based in Raleigh, North Carolina) taking on the Vegas Golden Knights (based in Paradise, Nevada).Giro d'Italia DisqualificationLorena Wiebes won the opening stage of the women's Giro d'Italia but won't complete the race after being disqualified because her bike weighed 6.78kg - just 20 grams shy of the 6.8kg minimum weight limit.NBA Finals HistoryThe New York Knicks are trying to win the NBA Finals for the first time since 1973, facing opponents the San Antonio Spurs, who have won the championship five times since then.International Team ConnectionsTahith Chong scored for Curaçao in a friendly against Scotland, but he's unique in Dick Advocaat's squad as the only player born in Curaçao, with all other squad members born in the Netherlands.Ice Hockey World Championship SurpriseIn a stunning upset, Hungary shocked Canada to win their first medal at the men's ice hockey world championship, marking a historic achievement for the Hungarian team.

Clarke's Contract Extension: A Calculated Risk or Strategic Masterstroke? The summit of Scottish football provides a wonderful environment for those who value long-term career stops. Neil Doncaster, chief executive of the Scottish Professional Football League, arrived at the then Scottish Premier League in 2009. Ian Maxwell, bizarrely headhunted from relegation-bound Partick Thistle, has been the Scottish Football Association's chief executive since 2018. Scot Gemmill's tenure as the nation's under-21 manager has lasted a decade despite underwhelming results. Glass half full or half empty; either this is a domain that delivers admirable continuity or one in which no one makes sufficient progress to appeal to those in bigger ponds. The Extension and Its Timing Amidst Controversy Against this backdrop, Steve Clarke's four-year extension as Scotland manager is really no surprise. "It's pretty staggering for anyone to say that giving him a new contract is a gamble," said Maxwell. The Scottish FA's president, Mike Mulraney, delivered standard bluster when assessing the deal. "I don't need other people to vindicate my decision," insisted Mulraney. Maxwell and Mulraney lauded Clarke before Scotland toiled at Euro 2024. All three were nowhere to be seen, with no explanations offered, as a footballing nation recoiled with anger at the manner of the team's tournament exit. The Scottish FA has never given the sense of being anything other than beholden to Clarke, or that it is the manager himself who determines his own future. Despite sentiment to the contrary, affording Clarke fresh terms immediately before the World Cup was a bold – and dangerous – call. It at least leaves the impression that finals performance does not matter when, in this one, it absolutely does. The rush to disregard that obvious fact is curious. If Clarke's qualification record was sufficient to earn him a new contract, it should have been actioned immediately after the extraordinary victory over Denmark that secured a World Cup berth. Instead, the topic disappeared until Clarke made plain before March's friendlies that he was uncomfortable with his contractual position. Scotland's Tournament Record Under Clarke The 62-year-old had earlier seemed content to leave after the World Cup until a change of heart that will, in theory, take his reign to 11 years. Cynics may suggest Clarke and his paymasters deduced it will be far more difficult for Scotland not to qualify for Euro 2028 – for which they are a host nation – than to feature in the event. The manager has doubled his salary by way of bonus each time Scotland exited a qualifying phase. Clarke has been a superb Scotland manager. He has massively enhanced standards and attitudes. Three tournament qualifications in four attempts have arrived in different ways, which point towards a multi-dimensional coach. In the past two years Clarke has been more hands-on than ever on the training ground with players responding exceptionally well. Scotland's World Cup Hopes and Managerial Strategy Scotland's World Cup, their bid to make history, essentially boils down to their opening Group C game. Comprehensive victory against Haiti would almost certainly be enough to seal a knockout berth for the first time. Anything else and the situation will feel immediately grim, with Morocco and Brazil lying in wait. Haiti turned heads with a 4-0 dismissal of New Zealand on Wednesday. Still, they are ranked outside the world's top 80 national teams, with their World Cup absence since 1974 making Scotland's 28-year wait appear brief. There will be no excuse for Scotland, armed with five-star facilities, a small army of staff and a playing contingent for whom this World Cup arrives in a career sweet spot, not seizing this moment. Scotland are a decent team rather than an excellent one and the next step on their World Cup journey comes with Saturday evening's warm-up against Bolivia in New Jersey. That night against Denmark was highly rare in that it dipped into the spectacular. Other sides of the same ilk – Australia, the USA, Denmark and Algeria – have progressed from groups in recent World Cup finals. It is apt for the Tartan Army to celebrate their return to this environment but that should not overshadow a serious competitive goal, to show they have learned from shortcomings in 2021 and 2024. What's Next for Scottish Football Post-World Cup? Clarke shot a glance towards the future by involving Tyler Fletcher in his World Cup squad. The Manchester United midfielder has a far higher ceiling than those he edged out for a seat on the plane. Lennon Miller will feel hard done by but the Udinese midfielder, once lauded in Scotland's top flight, can appear one-paced in elite company. Fletcher is precisely the player Scotland can build a future team around. This was an astute Clarke move. So, too, was penning his latest contract; no wonder Scotland's manager looks in high spirits. Whenever he does leave, the challenge will be to fund a coach who Scotland's squad hold in similar esteem. That successor is not readily identifiable, which gives the Scottish FA a slight pass when it comes to sticking to who they know. The narrow-minded obsession with a Scot in the dugout limits their options. Berti Vogts was a long time ago. It would have been judicious for the Scottish FA to wait and see how the World Cup plays out. The standing of managers is a movable feast, rather that one based on guarantees because of prior achievement. If there is trauma, those Scottish FA officials will be in an invidious position. It leaves the rest wonder why on earth they flirted with such needless risk.