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World Economy Apr 18, 2026

Australia Prepares to Aid in Strait of Hormuz as Oil Prices Drop 10%

Australian Prime Minister Anthony Albanese says Australia is prepared to provide assistance in the …
Australia's Prime Minister, Anthony Albanese, has stated that the country is prepared to provide assistance in the Strait of Hormuz, a crucial route for oil shipments, as global oil prices experience a significant drop. On Saturday, oil prices fell by approximately 10% after Iran announced that the strait would be open for commercial vessels during a ceasefire with the United States and Israel.The Prime Minister was attending a meeting of 49 countries to discuss the reopening of the strait when the news broke. Albanese emphasized the importance of freedom of navigation for global trade, stating, “Freedom of navigation is essential for global trade.” He also expressed the desire for a permanent and full reopening of the strait for all countries.Australia's energy minister, Chris Bowen, reported that the country has 46 days’ worth of petrol in reserve, which is 10 more days than before the US and Israeli bombing of Iran that sparked the global fuel crisis. Since April 1, fuel prices at Australian pumps have fallen by about 10c per litre beyond the artificial measures to ease prices.The NRMA spokesperson, Peter Khoury, mentioned that it could take a week for the falls in global oil prices to translate to lower prices at the fuel pumps. He also noted that the national average for unleaded petrol has fallen 50c since April 1, and diesel has fallen 37c in the last week.Additionally, the Australian Competition and Consumer Commission reported that average retail petrol prices had dropped 41.6c per litre since March 31 across major cities. The federal government's measures, including halving the fuel excise on petrol and diesel and pausing GST revenue on fuels, have resulted in a saving of about 32c per litre of fuel.
#fuel #prices #australia
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Sports Apr 18, 2026

FIFA President Infantino Defends High Ticket Prices for 2026 World Cup

FIFA President Gianni Infantino defends high ticket prices for the 2026 World Cup, citing the event…
FIFA President Gianni Infantino has come under fire for the high ticket prices for this year's World Cup in North America. In response, Infantino defended the pricing, stating that the event is the organization's only source of income every four years. Speaking at Semafor's annual world economy summit in New York, Infantino emphasized that FIFA is a nonprofit organization with 211 member nations. 'The main, and so far the only, revenue-generating event for FIFA is the World Cup,' he said. 'The World Cup takes place one month every four years, so we generate money in one month. The 47 months until the next World Cup, we spend that money.' Infantino highlighted that three-quarters of FIFA's member countries rely on grants from the organization to support their football programs. He also noted that the World Cup is a global event that captivates a massive audience, justifying the high ticket prices. A check on the secondary market showed that tickets for the US opener against Paraguay were listed as high as $1,359, while tickets for the final could go for as much as $25,000. In an effort to address complaints about ticket affordability, FIFA introduced a $60 ticket option for a limited number of seats in each venue. Infantino described North America as 'a very special market' and mentioned that he has been living in the US for the past two to three years to better understand the market. This year's World Cup will feature a record 48 teams, organized into 12 groups of four, with games hosted in the US, Canada, and Mexico. The tournament will consist of a record 104 matches.
#FIFA #Gianni Infantino #2026 World Cup
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Politics Apr 17, 2026

Lebanese Banking Magnate Antoun Sehnaoui Sparks Outrage After US Envoy Praises Pro‑Israel Stance Amid Ongoing Conflict

Banker Antoun Sehnaoui, chair of Societe Generale de Banque au Liban, was lauded by US Middle East …
Amid a wave of Israeli air strikes that have killed hundreds and displaced roughly 20 % of Lebanon’s population from the south, Lebanese banker Antoun Sehnaoui attracted fierce criticism after being publicly praised for his pro‑Israel activities. Sehnaoui, who chairs Societe Generale de Banque au Liban (SGBL), attended an event at the United States Holocaust Memorial Museum – a venue he has financially supported. The commendation came from Morgan Ortagus, the U.S. Middle‑East envoy who, according to reports, is also Sehnaoui’s romantic partner. Ortagus framed support for Israel as a matter of "moral clarity", even when it entails personal risk. She highlighted Sehnaoui’s funding of a U.S.–Israeli opera project, noting that such transactions are technically illegal in Lebanon under the country’s ban on dealings with Israeli entities. Describing the banker’s lineage, Ortagus said he hails from generations of "committed Lebanese Christian Zionists" and that his family has been "trained to support the State of Israel and the Jewish people." She also referenced his father, Nabil Sehnaoui, a principal backer of the Lebanese Forces militia, which allied with Israel during the 1982 invasion and was implicated in the Sabra‑Shatila massacres. The timing of the endorsement proved especially contentious. Since mid‑March, Israel has been accused of employing a “quadruple‑tap” bombing technique designed to maximise civilian casualties, and more than a million southerners have fled their homes, deepening sectarian tensions. Lebanese social‑media users reacted with outrage, calling for Sehnaoui’s imprisonment, accusing him of betraying his nation, and even alleging he had converted to Judaism. One commentator, academic Makram Rabah, argued that while a museum visit should not be controversial, the overt support for Israel amid a fragile ceasefire is. Ortagus’s own record – marked by staunch opposition to Hezbollah and open advocacy for Israel since her appointment in April 2025 – has already drawn scrutiny over her suitability as a neutral broker in the region. Beyond the political backlash, Sehnaoui faces serious legal challenges. Lebanese prosecutors have filed money‑laundering charges against him and SGBL, alleging illicit currency‑trading activities that exacerbated the country’s financial crisis that began in 2019. The bank denies any wrongdoing. In the United States, a 2020 civil lawsuit filed by families of Hezbollah‑linked attack victims accuses SGBL of providing material support to the militant group – a claim the bank also rejects. Lebanese MP Paula Yacoubian warned that Sehnaoui’s recent maneuvers appear designed to secure personal immunity in exchange for facilitating Israel‑Lebanon normalisation, rather than delivering tangible benefits such as the safe return of displaced residents. While the controversy rages, a tenuous ceasefire has allowed tens of thousands of residents to return to the devastated south, many seeking the remains of loved ones or assessing the damage to their homes.
#Antoun Sehnaoui #Morgan Ortagus #Societe Generale de Banque au Liban
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World Economy Apr 17, 2026

£130 million Arts Everywhere boost aims to revive England’s cultural sector amid chronic under‑funding

The UK government has allocated £130 million to over 130 museums, theatres and libraries under the …
The newly opened V&A East Museum in Stratford marks the latest milestone in the East Bank cultural quarter on the Queen Elizabeth Olympic Park. The £135 million, architect‑designed outpost sits beside the V&A Storehouse—recently listed among Time’s “World’s Greatest Places to Visit 2026”—and joins Sadler’s Wells East, the London College of Fashion and the forthcoming BBC Music Studios.Once described by V&A East director Gus Casely‑Hayford as “a place where fridges went to die”, the area has been transformed into a vibrant creative hub. Yet outside London, many venues face falling visitor numbers, job cuts and closures, highlighting a stark contrast with the newly polished facilities.Culture Secretary Lisa Nandy is betting on the Arts Everywhere Fund—a £1.5 billion package over five years announced in 2025—to shore up the sector’s creaking infrastructure. This week, £130 million was distributed to more than 130 museums, theatres, venues and libraries, representing the largest cash injection into the arts for a decade.The funding reaches a diverse range of institutions, from Newcastle’s iconic Baltic Centre for Contemporary Art to the modest Armitt Museum in Ambleside, and from the Royal Shakespeare Company in Stratford to Gloucestershire’s trailblazing TwoCan Theatre Company, which offers workshops for deaf, neurodivergent and disabled participants.Despite these initiatives, the UK remains among the lowest spenders on culture in Europe, with per‑capita public funding down nearly a third since 2010. Nevertheless, the cultural sector contributed an estimated £40 billion to the economy in 2024, underscoring its role as a significant wealth generator and a soft‑power asset.Financial support must also reach the people who run these institutions. Over the past year, staff at several leading museums have staged protests and faced redundancies, and even before its doors opened, V&A East workers sent an open letter demanding a living wage for all employees.In its inaugural year, the V&A Storehouse attracted 500,000 visitors, many of whom were younger, more diverse and locally based than the museum’s traditional audiences. The new V&A East hopes to replicate this success, emphasizing the need for parallel investment in arts education to nurture future audiences.Decades of neglect cannot be reversed overnight, and costs continue to rise. While the Arts Everywhere Fund is a cause for celebration, it also signals Labour’s broader commitment to making art accessible to everyone, reinforcing the message that, even in tough times, culture matters.
#arts #amp #east
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Technology Apr 17, 2026

Disney’s InfinityVision Spurs ‘Screenmaxxing’ as Premium Formats Battle for Cinema Audiences

At CinemaCon, Disney unveiled InfinityVision, a new certification for premium large‑format (PLF) sc…
Disney introduced InfinityVision at this year’s CinemaCon, positioning it as a certification for premium large‑format (PLF) auditoriums that meet or exceed undisclosed standards for screen size, brightness and sound quality. While the name sounds like a Marvel spin‑off, the label applies to any film, not just superhero titles. Disney claims roughly 300 screens worldwide already carry the badge, though a public directory has yet to appear. The timing is strategic: Disney’s Avengers: Doomsday is slated for a December debut that coincides with the release of the third Dune film, which has secured a limited run on coveted Imax screens. By promoting InfinityVision, Disney hopes to reassure audiences that alternative PLF venues—such as Dolby, RPX and other branded auditoriums—can deliver an equally spectacular experience, a tactic the author dubs screenmaxxing. Screenmaxxing has become a lifeline for a theatrical sector under pressure from streaming and rising ticket prices. Even the smallest multiplex PLF screens dwarf the televisions owned by the majority of consumers, yet theatres cannot simply charge a $5 premium for a larger screen; they need to sell a demonstrably superior visual and auditory package. Today’s market offers a bewildering array of PLF options, especially in cities where multiple chains compete. Directors like Ryan Coogler (Sinners) and the team behind Project Hail Mary use the variety of formats as a marketing hook, explaining aspect‑ratio differences and visual nuances to fans. Even legacy formats have resurfaced: Paul Thomas Anderson’s One Battle After Another revived the rarely used VistaVision, an analog high‑definition process dormant for half a century, alongside traditional 70mm and Imax prints. Adding to the mix, a new digital projector brand—HDR by Barco—is being rolled out to compete with Dolby‑branded auditoriums. The technology promises deeper blacks, heightened contrast and unprecedented brightness, and has already been adopted by the Alamo Drafthouse chain for its dine‑in locations. Many of these Barco‑equipped rooms also feature Dolby Atmos sound, though the author cautions against conflating sound systems with projection technologies. To gauge HDR by Barco’s performance, the writer visited the Brooklyn Alamo Drafthouse, one of three New York venues using the system (the others are Regal locations equipped with RPX screens). While the recent Super Mario Galaxy movie showcased the projector’s vivid palette, the reviewer chose a more demanding test: Lee Cronin’s horror‑reimagining The Mummy. Compared with a prior Dolby projection of the same film, the Barco version delivered a noticeable boost in clarity—especially in shadow‑heavy scenes—without the oversharpening or motion‑smoothing artifacts sometimes seen on consumer TVs. The experience was “brighter” yet retained natural colour balance, offering a subtle but real upgrade over standard cinema projection. Despite the technical gains, the piece questions whether another premium brand can truly shift audience habits. The author argues that healthy competition among laser‑projection systems may prevent theatres from settling for “dim” images, encouraging cinephiles to seek out PLF venues. However, blockbuster spectacles like the climactic battle in Avengers: Endgame remain visually underwhelming even on an InfinityVision‑certified screen, suggesting that format alone cannot rescue a film’s visual impact. Ultimately, the most compelling case for premium formats may be the construction of genuine Imax theatres, not retrofits. True Imax auditoriums prioritize height over width, delivering an immersive field of view that even high‑end digital projectors struggle to match. Yet only a few dozen such venues exist worldwide; most “Imax” screens are simply Dolby, Barco or RPX rooms equipped with the brand’s hardware. Screenmaxxing, therefore, is likely to remain a niche pursuit rather than a universal solution for the exhibition industry. While hunting for the loudest, sharpest presentation can be entertaining, an overabundance of competing formats may reinforce the perception that a standard movie‑going experience is insufficient—potentially undermining the very audience the industry hopes to attract.
#disney #infinityvision #dolby
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Sports Apr 17, 2026

Five Decisive Premier League Showdowns That Defined Championship Winners

A retrospective look at five pivotal Premier League fixtures—from the 1995‑96 Newcastle‑United clas…
Newcastle 0-1 Manchester United (1995‑96) – With a 12‑point cushion, Kevin Keegan’s Newcastle seemed destined for the crown, but Alex Ferguson’s United halted their march at St James’ Park. Peter Schmeichel’s saves kept the Magpies at bay, and Eric Cantona’s late volley secured the win, narrowing the gap to a single point and setting the stage for United’s eventual triumph.Manchester United 0-1 Arsenal (1997‑98) – Arsène Wenger’s Arsenal turned the tables at Old Trafford when Marc Overmars scored the first Arsenal goal at the venue in the Premier League era. The victory sparked a ten‑game winning streak that propelled Arsenal from sixth place to clinch the title by a solitary point, underscoring the match’s seismic impact.Manchester United 1-2 Chelsea (2009‑10) – In Carlo Ancelotti’s debut season, Chelsea needed a win to stay in the title hunt. A brilliant Joe Cole back‑heel opened the scoring, but a late switch to Didier Drogba produced a second goal that put Chelsea ahead. United’s missed chances, including a late miss by Dimitar Berbatov, meant Chelsea finished the season champions by just one point.Manchester City 1-0 Manchester United (2011‑12) – After an early‑season 6‑1 defeat, City found themselves eight points adrift. Vincent Kompany’s decisive header against United in April gave City the momentum they needed, though the title would ultimately be decided on the final day when City’s dramatic comeback against QPR secured the trophy.Manchester City 2-1 Liverpool (2018‑19) – A January showdown that proved pivotal: Liverpool entered unbeaten and seven points ahead. A narrow save by John Stones kept City in the game, Sergio Agüero opened the scoring, and Leroy Sané’s late strike clinched a 2‑1 win. City went on to win the league by a point; a draw for Liverpool would have handed them an unbeaten championship.
#arsenal #chelsea #liverpool
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Sport Apr 17, 2026

Scotland to break attendance record at Murrayfield as women’s Six Nations faces England

Scotland will host its first standalone women’s rugby match at Murrayfield, drawing an estimated 30…
Scotland’s women’s rugby team is set to make history on Saturday by playing a standalone match at Murrayfield Stadium, the national venue traditionally reserved for the men’s side. The fixture against long‑time rivals England marks the first time the team will host a Six Nations game at Scotland’s premier rugby ground.Ticket sales have already surpassed 30,000, obliterating the previous Scottish women’s rugby attendance record of 7,774 set earlier this year at the Hive. The expected crowd also promises to be the largest audience ever for a standalone women’s sporting event in Scotland.Team captain Rachel Malcolm, who earned her first cap in 2016, described the occasion as a "landmark moment" and emphasized the importance of growing the sport’s profile: "Playing at our national stadium with crowds this size is something I never imagined in my career."Former Scotland star Donna Kennedy – the nation’s most‑capped player with 115 caps – credited the surge in interest to the team’s performance at the 2025 Women’s Rugby World Cup, where Scotland reached the quarter‑finals for the first time since 2002. She noted that the tournament provided a commercial and media springboard that has only accelerated in the past five years.England arrive as the dominant force in the competition, having won the Six Nations seven years in a row and maintaining a 28‑game winning streak against Scotland. The last Scottish victory over the Red Roses came in 1999, 27 years ago.Despite England’s pedigree, they head into the match with a significant injury list. Alex Matthews (vice‑captain) is out with a shoulder problem, while prop Hannah Botterman and hooker May Campbell have been ruled out for the remainder of the tournament. In total, England are missing 13 players due to retirement, pregnancy or injury, opening opportunities for newcomers such as Demelza Short, who will earn her first senior cap.Scotland also face a setback, missing scrum‑half Emma Orr through injury, but they remain optimistic that England’s depleted roster could level the playing field.England defence coach Sarah Hunter acknowledged the challenges, suggesting the situation could be a "blessing in disguise" for player development ahead of the 2029 World Cup in Australia. She highlighted the chance for younger talent to gain experience in a high‑pressure environment.With a record crowd, historic venue, and the prospect of ending a decades‑long losing streak, Saturday’s clash promises to be a defining moment for women’s rugby in Scotland and a compelling chapter in the Six Nations narrative.
#scotland #england #but
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Sports Apr 17, 2026

NJ Transit Announces $150 Train Fare and $225 Parking for 2026 World Cup, Prompting Fan Backlash

NJ Transit confirmed a $150 round‑trip train ticket and $225 premium parking for World Cup matches …
New Jersey’s transit authority has officially set the price of a return train ticket to the 2026 FIFA World Cup matches at MetLife Stadium at $150, a dramatic increase from the usual $12.90 fare between Penn Station and the stadium.The announcement also revealed premium parking will cost up to $225 in an ADA‑designated lot adjacent to the venue, with general spectator parking eliminated on match days.Governor Mikie Sherrill explained that the state faces a $48 million expense to safely move an estimated 40,000 fans per match. She emphasized that FIFA is not contributing financially, stating, "FIFA should cover the cost of transporting its fans. If it won’t, we will not be subsidizing World Cup ticket holders on the backs of New Jerseyans who rely on NJ Transit every day."Under the new scheme, fans must purchase a special NJ Transit World Cup ticket that includes a wristband for the return journey. Departures from Penn Station will be organized in time‑blocks, with multiple security checkpoints along the route.For those preferring road travel, a round‑trip bus service is available for $80, picking up passengers from two New York City locations and a park‑and‑ride site in Clifton, New Jersey, which can accommodate roughly 2,500 vehicles. Shuttle buses will then transport riders to the stadium, and tailgating will be prohibited.Sherrill highlighted that the existing host‑city agreement with FIFA provides zero dollars for fan transportation, shifting the entire burden onto NJ Transit. She contrasted this with FIFA’s projected $11 billion revenue from the tournament.FIFA’s event operations chief, Heimo Schirigi, responded that the pricing model could have a “chilling effect,” potentially driving fans toward alternative transport and increasing congestion. He reiterated FIFA’s long‑standing collaboration with host cities to develop efficient mass‑transit options.To lessen disruption for regular commuters, NJ Transit will suspend outbound service from Penn Station for four hours before each MetLife match and will offer free Path train and bus rides on affected days. Additional Path service is planned, and employers are encouraged to allow remote work.Discounts for regular riders on the two busiest match days, June 22 and June 30, will be funded by the NJ/NY host committee, according to Sherrill.Other U.S. host cities have taken different approaches: Kansas City is offering $15 bus shuttles to Arrowhead Stadium, while Philadelphia will keep its standard $2.90 fare for trips to Lincoln Financial Field.With limited parking and higher transit costs, officials are urging fans to rely on public transportation across all eleven host cities, emphasizing the broader economic and logistical challenges of hosting a global sporting event.
#transit #world #cup
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Sport Apr 17, 2026

Dan Skelton eyes Scottish Grand National as he chases £5m prize‑money milestone in record‑breaking jumps season

Champion trainer Dan Skelton, fresh from becoming the first UK jumps trainer to hit £4 million in p…
Dan Skelton is already set to be crowned the United Kingdom’s champion trainer over jumps for the first time this season, yet he still has several objectives left as the campaign reaches its climax.Earlier this month Skelton made history by becoming the first trainer to surpass £4 million in prize money during a British jumps season. With a 320‑mile journey to Ayr scheduled for Saturday, he will field five runners and hopes to chip away at the £200,000 needed to break the £5 million barrier.His yard has already recorded victories at 39 of Britain’s 41 jumping tracks this season. The only venues still without a win are Perth and Plumpton, where Skelton entered twenty runners – including several favourites – but fell short. Two of his horses will contest Plumpton’s Sussex Stayers’ Handicap Hurdle on Sunday.“It’s never been done before, so we’re going to give it our best shot,” Skelton said on Friday. “We just can’t quite seem to get over the line at Plumpton, but maybe Sunday will be the day that we do.”The Scottish Grand National has become a pivotal fixture in the trainers’ championship over the past two years. With Willie Mullins already out of contention for the title, his stable will field only one runner at Ayr as he attempts a third consecutive Grand National double – winning at Aintree and then at Ayr.Patrick Mullins, who rode unshipped from Grangeclare West at Aintree last weekend, will take the reins on Road To Home. The horse was narrowly beaten in the Fulke Walwyn/Kim Muir at Cheltenham last month and will carry six pounds more on Saturday.Among the local contenders, King Of Answers (currently 3.35 odds) trained by Lucinda Russell and Michael Scudamore appears a strong bet at about 7‑1. The horse was a runner‑up in the National Hunt Chase at Cheltenham and will be only three pounds heavier for the four‑mile test at Ayr.Other notable entries include Traprain Law for Patrick Wadge, who previously won the course‑and‑distance race, and Diamond Dealer, whose front‑running style could prove decisive if the horse settles into its usual rhythm.In the broader betting market, Gibbs Island (2.20) and Twistthenightaway (2.55) are also highlighted as potential performers, while Pride Of Arras (2.35) aims to repeat its Dante success.Overall, Skelton’s pursuit of the £5 million season total adds extra intrigue to an already high‑stakes Scottish Grand National, promising a decisive showdown for the jumps championship.
#ayr #last #skelton
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