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Tehran has issued an uncompromising demand for $270 billion in reparations for the devastation wrought by United States and Israeli strikes since the war began on 28 February. The figure, disclosed by government spokeswoman Fatemeh Mohajerani in an interview with Russia’s RIA Novosti, aggregates both direct and indirect losses across a wide range of sectors. Iran’s UN envoy asserted that five regional states must contribute to the compensation, alleging that their territories served as launchpads for attacks on Iranian soil. In parallel, Tehran floated a Strait of Hormuz protocol that would levy a tax on vessels transiting the strategic waterway, earmarking the proceeds for reconstruction. The war has battered Iran’s critical infrastructure: oil and gas complexes, petrochemical plants, steel and aluminium factories, as well as military installations have been repeatedly struck. Damage extends to bridges, ports, railways, universities, research centres, power stations and desalination plants, while countless hospitals, schools and civilian homes have been either damaged or razed. In the aviation sector, Maghsoud Asadi Samani, secretary of the Association of Iranian Airlines, reported that 60 civilian aircraft have been rendered inoperable, with 20 completely destroyed. Iran now operates roughly 160 passenger planes, many of which are decades old and suffer from parts shortages due to stringent US sanctions. The airline industry estimates losses exceeding 300 trillion rials (≈ $190 million) over just 40 days of conflict, compounded by the loss of anticipated revenue from the Nowruz holiday period. Despite the extensive damage, Iranian officials have signalled no willingness to make major concessions in forthcoming negotiations with Washington, including on nuclear enrichment. Hard‑line parliament spokesman Ebrahim Rezaei warned that extending the recent two‑week ceasefire would merely allow the US and Israel to replenish their arsenals, urging the United States to either recognise Iran’s rights—particularly over the Strait of Hormuz—or return to hostilities. Financially, Iran allocated close to $8 billion to its military in 2024, according to SIPRI, and has pledged to triple that budget following previous missile exchanges with Israel. Yet the economy remains strained by years of sanctions, mismanagement and corruption. Compounding the economic strain, the government‑imposed near‑total internet shutdown—affecting over 90 million users—has been estimated to cost the nation up to $80 million per day. Afshin Kolahi of the Iran Chamber of Commerce warned that the blackout equates to losing the output of four B1‑class bridges and two medium‑capacity power plants each day. While a limited “Internet Pro” service is being offered to select users, the majority of the population remains confined to a state‑controlled intranet, prompting widespread calls for internet freedom. These intertwined military, economic and digital pressures underscore the high stakes of the anticipated US‑Iran talks, with Tehran demanding acknowledgment of its losses and a pathway to rebuild a war‑torn nation.

Israeli and Lebanese officials have engaged in historic talks in Washington, DC, marking the first direct negotiations between the two countries since 1983. The meeting, facilitated by US Secretary of State Marco Rubio, lasted over two hours and focused on addressing the ongoing humanitarian crisis in Lebanon.The talks come as Israel continues its military campaign against Hezbollah, which has resulted in nearly 2,124 deaths and displaced over 1.1 million people in Lebanon. The conflict has tested the fragile ceasefire struck on April 8, which paused the US and Israel's war on Iran for two weeks.Israel's ambassador to the US, Yechiel Leiter, described the discussions as a 'wonderful exchange', highlighting points of agreement, including a push to remove Hezbollah from Lebanon. Lebanon's ambassador to the US, Nada Hamadeh Moawad, characterized the talks as 'constructive', emphasizing the need for a ceasefire, the return of displaced people, and measures to ease the humanitarian crisis.Despite the positive remarks, heavy fighting continues in the region, with Hezbollah launching daily drone, rocket, and artillery attacks on northern Israel and Israeli troops in Lebanon. The group also retains significant influence in parts of Lebanon, including Beirut's southern suburbs and areas in the south and east.The US Secretary of State acknowledged the challenges ahead, stating that progress would take time and that the parties are working against decades of history and complexities. The talks have raised hopes for a potential ceasefire and disarmament of Hezbollah, but a near-term end to the fighting appears uncertain.

Haiti has entered a period of national mourning following a tragic stampede at the historic Citadelle Laferriere in the northern part of the country. At least 25 people lost their lives in the chaos that erupted at the entrance of the citadel on Saturday, as a mix of visitors attempted to exit and enter the site.The Ministry of Culture and Communication has taken swift action, firing two government officials in the aftermath of the disaster. One, a director at the Institute for the Preservation of National Heritage, was accused of 'serious negligence,' while the other, a Ministry employee, was criticized for 'biased passivity.'The government has stated that it believes the tragedy was the result of administrative negligence and has vowed to 'fully assume its responsibilities.' The event has sparked widespread outrage and highlights the multiple crises facing the Haitian government ahead of its general elections later this year.The stampede was exacerbated by stormy weather conditions, with heavy rain battering northern Haiti and prompting event participants to seek shelter. The inclement weather also caused flooding in other parts of the country, resulting in approximately 12 additional deaths and 900 homes being inundated.This tragedy is the latest challenge for Haiti, which has been grappling with gang violence and political instability, particularly since the assassination of President Jovenel Moise in 2021. The situation has led to 16,000 deaths and 1.5 million displaced since 2022, according to UN reports.

Marwan Barghouti, often referred to as Palestine's Nelson Mandela, has been facing a pattern of escalating abuse in Israeli jails, his lawyer Ben Marmarelli has said. Barghouti has been attacked three times in as many weeks, including an incident where prison guards set a dog on him.The 66-year-old Palestinian leader has been held in Israeli jails since his conviction for ordering attacks that killed civilians during the second intifada. His trial was criticized as flawed by legal experts, and Mandela himself reportedly described it as a legal attack on a legitimate political struggle.Marmarelli said that Barghouti faced violence, medical neglect, and treatment that places him at immediate risk in jail. On March 25, prison guards entered Barghouti's cell with a dog and forced him to the ground, where the dog repeatedly attacked him. The following day, Barghouti was assaulted during a transfer to another prison, and on April 8, guards at that jail beat him severely, left him bleeding for over two hours, and denied requests for medical treatment.Despite the abuse, Marmarelli said Barghouti's mind was sharp, focused, and deeply engaged with everything happening outside those prison walls. The lawyer added that the only way to protect Barghouti is to secure his immediate release, as there can be no guarantee of his safety while he is held in an Israeli jail.The Israeli Prison Service did not respond to requests for comment on Barghouti's treatment. The Palestinian leader's son, Arab Barghouti, thanked artists speaking up for his father and called for others to join the campaign to free him, citing the critical role artists played in the movement to free Mandela and end apartheid in South Africa.

In a landmark decision, a Manhattan federal jury determined that Live Nation and its Ticketmaster subsidiary wield a monopolistic grip on major concert venues across the United States. The four‑day deliberation ended Wednesday with a finding that the ticket‑selling platform had overcharged buyers by $1.72 per ticket, a figure that will now be used by a judge to calculate total damages. The case, originally spearheaded by the federal government and later joined by dozens of states, accused Live Nation of leveraging its extensive venue network to stifle competition. Plaintiffs argued that the company barred venues from using alternative ticket sellers and retaliated against those that attempted to do so. Attorney Jeffrey Kessler, representing the states, called Live Nation a “monopolistic bully” that inflates prices for concertgoers. He cited the company’s control of 86% of the concert‑ticket market and 73% of the combined concert‑and‑sports market, underscoring the breadth of its influence. Live Nation, which reported over $22 billion in annual revenue, rejected the monopoly label, insisting that pricing decisions rest with artists, sports teams, and venue owners. Company counsel argued that the firm’s size reflects “excellence and effort,” not antitrust violations. The jury’s finding arrives amid a broader regulatory push. In 2024, the Federal Trade Commission required Ticketmaster to disclose ticket fees up front, prompting the company to eliminate a post‑checkout processing charge. However, a recent Guardian investigation revealed that Ticketmaster introduced alternative fees to offset lost revenue, raising questions about compliance with FTC rules. Earlier, the Department of Justice settled with Live Nation under the Trump administration, creating a $280 million settlement fund for participating states. The agreement also imposed caps on service fees at select amphitheaters and opened the door—though not the obligation—for venues to work with Ticketmaster rivals such as SeatGeek and AXS. More than 30 states declined the settlement and pursued the trial, arguing that the federal government’s concessions were insufficient. During the proceedings, Live Nation CEO Michael Rapino testified, including about the 2022 Taylor Swift ticket fiasco, which he attributed to a cyber‑attack. Internal communications from Live Nation executive Benjamin Baker surfaced, in which he described certain pricing practices as “outrageous” and disparaged customers as “so stupid,” later apologizing for the “very immature and unacceptable” remarks. Live Nation has announced its intention to appeal the verdict, stating confidence that the ultimate outcome will align with the original DOJ settlement framework. The case continues to spotlight the tension between dominant market players and antitrust enforcement in the live‑entertainment industry.

"The failure is big," Liverpool midfielder Ryan Gravenberch declared after the Champions League loss to Paris Saint-Germain. The defeat not only eliminates Liverpool from Europe but also seals a season that will finish trophyless. Manager Arne Slot has repeatedly insisted that the future looks very bright for Anfield, yet the club’s reality is starkly different. A business model built on lucrative broadcasting and commercial revenues now faces a potential top‑five miss, a scenario that would be financially and reputationally humiliating for a side that spent nearly £450 million on its squad last summer. Slot’s request for three seasons to steer Liverpool’s transition is under intense scrutiny. In the past 16 days Liverpool have played five matches: three defeats, two aggregate exits totalling 8‑0, and a solitary league win sparked by 17‑year‑old Rio Ngumoha. The pattern underscores a season riddled with setbacks. Sporting director Richard Hughes observed that despite a respectable xG of 1.94 against PSG, Liverpool’s performance fell short, a symptom of deeper issues. The situation worsened when forward Hugo Ekitiké collapsed with a suspected Achilles injury in the 27th minute, likely ruling him out for the remainder of the campaign. His absence further hampers the newly assembled £320 million front line of Alexander Isak, Hugo Ekitiké and Florian Wirtz, who have barely featured together. Slot’s tactical gamble of starting Isak after a four‑month hiatus and deploying a back five at the Parc des Princes backfired. Isak managed only five touches before being substituted at halftime, illustrating that a Champions League quarter‑final is not the venue for experimentation. After the second leg, Slot attempted to inject optimism, stating, "The good thing is Alex is back" and reiterating that the club can compete with Europe’s champions on home soil. Critics argue this positivity is misplaced, especially as Liverpool scrambles through the run‑in with key players missing. With six league games remaining, a fit Isak could be the difference between securing Champions League qualification and enduring further humiliation. Both Isak and Wirtz must begin to justify their hefty transfer fees, despite recent injury concerns and underwhelming output. In a candid interview with Ziggo Sport, Gravenberch summed up the mood: "No, actually not. It’s disappointing. We have to pick ourselves up as Sunday is waiting. We still have six matches in the league and we just want to play in the Champions League next year as well." He added that the season feels plagued by setbacks—late goals conceded and missed chances—making this a tough, failure‑laden campaign from which the squad must learn.

The International Monetary Fund (IMF) has released its latest World Economic Outlook, warning of a significantly darkened global economic outlook. The report cites the outbreak of war in the Middle East on February 28, 2026, as a major factor in the deteriorating outlook.The IMF's January report was titled “Steady amid Divergent Forces”; whereas the latest outlook is headlined “Global Economy in the Shadow of War”. The IMF now expects the global economy to slow compared to its previous forecast in January.The latest outlook notes that the global outlook has abruptly darkened following the outbreak of war. Far be it for the IMF to gloat, but its suggestion in January that “steady” was not a word to describe the global economy unless you were desperately trying to make the madness of Donald Trump seem normal has aged quite well.The IMF remains unwilling to name Donald Trump, while noting the lingering effects of the persistent rise in energy prices since Russia’s invasion of Ukraine. However, it only talks about the Middle East conflict as though it sprang out of nowhere.The IMF warns of three possible scenarios: a bad scenario where Trump, Israel and Iran come to an agreement; an adverse scenario where things carry on for the rest of the year and oil stays around US$100 per barrel; and a severe scenario where nothing is resolved, oil prices reach $125 in 2027, gas prices increase by 200% over the same period, and food prices increase by 5% in 2026 and 10% in 2027.Even under the current bad scenario, the global economy is expected to slow compared to what the IMF forecast in January. But under the adverse and severe scenarios the global economy grows by just 2.0% this year and 2.2% next year.For context, over the past 40 years, the global economy has grown slower than 2.2% only three times – 1992 (global recession), 2009 (the GFC) and 2020 (Covid).The IMF has downgraded Australia’s growth by more than most. Even under the most optimistic scenario growth is 0.5% worse than was forecast last October – a bigger downgrade than all G7 nations.The IMF warns against governments doing popular things like energy caps or subsidies, designed to protect households and firms. It worries that such policies will increase inflation because we’ll all suddenly have so much more money to spend.Gas companies exporting LNG from Australia will be cheering on the war as it keeps gas prices – and their profits – ever higher. The senate is investigating changing the way gas is taxed. An ACTU proposal for a 25% tax on exports would raise roughly $17bn a year.

Arsenal survived a tense second‑leg against Sporting Lisbon, preserving their 1‑0 first‑leg cushion to advance to a Champions League semi‑final against Atlético Madrid. The victory comes amid a turbulent spell that has seen the Gunners lose the Carabao Cup final to Manchester City, exit the FA Cup to Southampton, and drop points to Bournemouth in the Premier League.The match was a defensive slog. Arsenal managed just one shot on target – a strike credited to Martín Zubimendi – and struggled to create clear chances. Substitute Leandro Trossard rattled the post with a header in the 84th minute, while Sporting’s Geny Catamo and João Simões each struck the woodwork, underscoring the fine margins.Despite the lack of flair, Arsenal’s backline held firm. Goalkeeper David Raya made a crucial save, and the team’s overall resolve mirrored the solidity that has defined their season. The win ensures a semi‑final showdown with Atlético Madrid, the side that humbled Arsenal 4‑0 in the league phase last October.While the result eases immediate pressure, the performance raised questions about Arsenal’s attacking potency. Only one shot on target and a reliance on defensive grit highlight concerns that could haunt them in the upcoming league clash with Manchester City, who sit six points ahead in the title race.Looking ahead, Arsenal will need to translate their defensive confidence into sharper offensive output if they hope to challenge for silverware on multiple fronts.

British Chancellor Rachel Reeves has stepped up her criticism of Donald Trump's war on Iran, describing it as a 'mistake' that has destabilized the global economy and damaged living standards around the world.In a marked fraying of the transatlantic relationship, Reeves said Trump's decision to break off from diplomatic talks with Iran and launch airstrikes seemed to have left the president in a worse place than he started.“I think it was a mistake to end those [talks with Iran] and to enter into conflict, because I'm not convinced that we are safer today than we were a few weeks ago,” she told an event in Washington.Reeves' comments added to blunt criticism of Trump she made just before flying out on Tuesday, when she expressed frustration at the 'folly' of his decision to go to war without a clear exit plan.The criticism adds to an increasingly tense atmosphere between Downing Street and the White House, with Trump's attacks on Prime Minister Keir Starmer becoming increasingly personal.The IMF warned on Tuesday that a further escalation in the Iran war could trigger a global recession that would affect the UK more than any of the other G7 nations.Reeves called for the urgent reopening of the strait of Hormuz to calm global energy prices, saying the lack of clear US targets in negotiations with Iran had worsened the situation.“We had the waterway open a few weeks ago. So, if now the objective is to reopen the strait of Hormuz? Well it was open at the beginning of this conflict,” Reeves added.Reeves said she had come to the IMF meetings to “deliver that fair message” that the conflict in the Middle East was hitting living standards worldwide and required urgent de-escalation.