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World Economy Apr 05, 2026

Iran War‑Driven Energy Surge Poses Existential Risk to the AI Investment Boom

Rising energy costs from the Iran‑Hormuz conflict threaten to strain the already fragile economics …
Donald Trump’s demand that Iran reopen the Strait of Hormuz has an immediate impact on U.S. gasoline prices, but analysts warn that a prolonged conflict will push energy costs higher across the globe, far beyond the fuel pump. Systemic increases in power prices and disrupted supply chains are set to compress margins for industries worldwide; in the United States, the effect could be especially damaging to the fragile economics of the AI boom. Oil‑importing nations in the Global South are already feeling the strain: Egypt has imposed curfews, Indonesia is trialling work‑from‑home Fridays, and the Philippines has declared a national energy emergency. While the United States, as a major oil exporter, can partially insulate itself, the country cannot escape the global rise in energy costs. Experts predict that price pressure will linger for months even if the strait reopens within days. Companies are revisiting cash‑flow forecasts, and the AI sector—characterised by energy‑intensive model training and debt‑laden expansion—faces a particularly acute risk. OpenAI chief Sam Altman attempted to downplay environmental concerns, likening the energy required to train an AI model to the cumulative food intake over a human’s 20‑year development. The Bank of England’s Financial Policy Committee warned that rising energy costs could depress AI share prices, noting that investors were already uneasy about the sector’s heavy reliance on debt financing and uncertain return prospects before the war began. "The conflict could increase these concerns, particularly given the energy‑intensive nature of the supply chain for key components and the operation of datacentres," the committee said. World Trade Organization chief economist Robert Staiger echoed this view, cautioning that a prolonged period of high energy prices could "crimp" AI investment. He highlighted that AI‑related goods accounted for 70% of U.S. investment growth in the first three‑quarters of last year. A forensic note from US law firm Quinn Emanuel revealed that the AI sector generated roughly $60 billion in revenue last year while committing $400 billion to capital expenditure. The financing structure mirrors the 2008 crisis, with off‑balance‑sheet special purpose vehicles and asset‑backed securities playing a central role. Leading "hyperscalers" and infrastructure providers such as CoreWeave are borrowing enormous sums to build out datacentres, although some analysts argue that many projects lag behind their lofty promises. Much of this borrowing comes from private‑credit lenders, making total liabilities opaque and challenging for regulators—an issue the Bank of England has repeatedly flagged. Complex financing arrangements see datacentres owned by special purpose vehicles, debt pooled and sold to pension funds, and other layered structures that obscure true exposure. Quinn Emanuel estimates that $120 billion of datacentre debt has been moved off‑balance sheets in the past two years. The firm warns that distress at any single node could cascade through the tightly interconnected AI ecosystem. Extended higher energy costs, combined with volatile interest rates and weaker consumer demand—both likely fallout from the Middle East war—could trigger that distress. The fundamental question remains: can the AI sector generate sufficient revenue to justify its sky‑high valuations? Even modest energy price hikes may force a market rethink, with potential spill‑over effects across U.S. markets and beyond. As the article concludes, the economic fallout may be yet another unintended consequence of Trump’s aggressive stance on Iran, unleashing forces beyond his control.
#energy #costs #which
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Music Apr 05, 2026

Duncan James' Playlist Revealed: The Songs That Define Him

Duncan James, a member of the British boy band Blue, shares his personal playlist, revealing the so…
Duncan James from Blue has opened up about his favorite songs, sharing a personal playlist that reveals a lot about his musical tastes and experiences. The song he inexplicably knows all the lyrics to is Can't Help Falling in Love by Elvis, which he even sent as his audition tape to join Blue.James also shared his go-to karaoke song, It's Raining Men by Geri Halliwell, which he sang at his 30th birthday party. Interestingly, Geri Halliwell herself walked in during the performance and joined James' mum on stage.Other notable songs on his playlist include Sadeness (Part I) by Enigma, his first single purchase, which his friend bought for him at Woolworths. James also confessed that Fantasy Island by Tight Fit was the first song he fell in love with, likely due to his crush on a guy in a zebra print headband from the music video.James also talked about the song that makes him cry, My Life Is Going On by Cecilia Krull, from the Spanish Netflix series La Casa De Papel (Money Heist). On a lighter note, he shared his least favorite song to have sex to, One Love by Blue, which he found creepy.The song that changed James' life was All Rise, which became a worldwide hit and started Bluemania. He also revealed his favorite song to play at a party, Defying Gravity from Wicked, which gets him dancing on tables.On a more sentimental note, James shared the song he can no longer listen to, Meu Abrigo (My Shelter) by Melim, which reminds him of his ex. He also confessed to secretly liking Doctor Jones by Aqua, despite pretending to hate it. Finally, the song he'd like played at his funeral is Bohemian Rhapsody by Queen, which he believes is one of the greatest songs ever written.
#blue #music #playlist
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World Apr 05, 2026

Paris’s 12‑Year Shift from Car‑Centric Streets to a Bike‑Friendly 15‑Minute City

Over the past dozen years, Paris transformed its streets by planting 155,000 trees, adding hundreds…
When Corentin Roudaut arrived in Paris a decade ago, he swapped his student‑era bike for a car, daunted by the city’s traffic and lack of cyclist protection. After a protected lane opened on Boulevard Voltaire in the 11th arrondissement, he reclaimed his two‑wheel commute and now volunteers with the cycling advocacy group Paris en Selle, witnessing a city that has shed its car‑centric image.Roudaut notes that the shift “started slowly but really accelerated in the last ten years,” with a growing network of bike routes that is becoming safe and nearly complete in many districts.Mayor Anne Hidalgo’s 12‑year agenda reshaped Paris’s urban fabric. Since taking office in 2014, her administration planted 155,000 trees, created several hundred kilometres of segregated bike lanes, pedestrianised 300 school streets, and banned cars from the banks of the Seine. Former parking spaces have been turned into green plazas and café terraces, reducing the risk of children being hit while walking to school.As Hidalgo departs on Sunday, her legacy is touted as a blueprint for progressive European cities, especially as some national governments retreat from green initiatives.Nevertheless, the reforms have sparked pushback. Motorists object to the loss of road space, and recent referendums on higher parking charges for SUVs and further school‑street pedestrianisation suffered low voter turnouts. Right‑wing mayoral candidate Rachida Dati described the new public‑space regime as “anxiety‑inducing,” though she stopped short of promising a reversal.In a candid interview, Hidalgo described the Seine‑bank pedestrianisation as “a tough battle” that, once won, left residents reluctant to revert to car traffic. She highlighted a generation of children who have never known cars on those riverbanks, prompting awe‑filled reactions from visitors.Urban scholars attribute the rapid change to Paris’s tight administrative boundaries, which limit suburban influence on city transport decisions, and to groundwork laid by previous mayors. Yet they stress that political courage was essential to implement measures that inconvenienced drivers while delivering social and environmental benefits.Environmental epidemiologist Audrey de Nazelle of Imperial College London, a Paris native, praised the transformation as “fabulous” and warned that many cities lack the bravery to pursue similar legacies.A recent report placed Paris among 19 global cities that cut two major toxic air pollutants between 2010 and 2024. While Brussels and Warsaw saw faster declines in fine‑particle matter, London outpaced Paris in reducing nitrogen‑dioxide levels.By contrast, Berlin—despite opening a new inner‑city motorway and scrapping 30 km/h speed limits on key streets—still records a higher share of cyclists than Paris.Transport researcher Giulio Mattioli argues that Paris simply needed to add bike lanes to unlock latent demand, noting that the city started from a lower baseline but quickly caught up with peers.However, the transformation remains uneven. The extensive suburbs continue to be dominated by cars, hemmed in by the 35 km Boulevard Périphérique ring road. Analyst Jean‑Louis Missika of think‑tank Terra Nova stresses that “as long as this motorway encircles Paris, the Greater Paris metropolis will remain an administrative construct devoid of urban reality.” He calls for dismantling or repurposing the ring road to achieve a truly post‑car metropolis.
#paris #city #cars
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Politics Apr 04, 2026

Iran Bridge Attack Survivors Describe US-Israeli Airstrike Horror

Survivors of a bridge attack in Iran recount the terrifying experience of a US-Israeli airstrike.
Survivors of a recent bridge attack in Iran have shared their harrowing accounts of the US-Israeli airstrike that left them shaken. The incident, which occurred on an unspecified date, involved a targeted attack on a bridge, highlighting the ongoing tensions between Iran and the involved countries.The airstrike, attributed to the US and Israel, has raised concerns about the escalating conflict in the region and its potential repercussions on global stability. While details about the attack and its aftermath are still emerging, the survivors' testimonies provide a g grim insight into the human cost of such military actions.
#Iran #United States #Israel
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Science Apr 04, 2026

NASA Shares First Artemis II Earth Photos as Crew Nears Moon, Highlighting 100,000‑Mile Journey

NASA released the inaugural images captured from the Artemis II Orion capsule, showing Earth from 1…
NASA has unveiled the first photographs taken from inside the Artemis II Orion spacecraft, where a crew of four astronauts is currently circling the Moon. The images, released on Friday, were captured by mission commander Reid Wiseman through the capsule’s window, revealing a cloud‑shrouded Earth rising beyond the spacecraft. A second shot displays the full globe, complete with shimmering oceans and a faint green aurora, emphasizing the planet’s fragility from deep space. At mid‑morning on Friday, the crew was approximately 100,000 miles (160,000 km) from Earth and had another 160,000 miles (258,000 km) to travel before reaching the Moon, a milestone expected on Monday. The team—three Americans and one Canadian—will orbit the Moon in the Orion capsule before looping back to Earth without landing. The spacecraft entered its lunar trajectory after firing its main engine on Thursday night. Mission specialist Christina Koch, the first woman to travel around the Moon, told ABC News, "I knew that is what we would see, but nothing prepares you for the breathtaking view of our home planet lit up by day and the Moon’s glow at night." She added that the crew is eager to experience similar vistas of the Moon and the eventual return home. The mission is now on its third day of a planned ten‑day flight. On day six, the Orion will make its closest approach to the lunar surface, passing 4,000‑6,000 miles (6,450‑9,650 km) above the Moon. After circling the far side—the first human deep‑space journey of this magnitude in over five decades—the crew will use lunar gravity to set a course back to Earth, with a splashdown slated for April 11 at 00:06 GMT (8:06 p.m. ET on April 10) in the Pacific Ocean off San Diego. Astronaut Victor Glover reflected on the emotional impact of seeing Earth from space, saying, "From up here, you look amazing. Homo sapiens is all of us—no matter where you’re from or what you look like. We’re all one people." He called the mission a true "moonshot" that demonstrates what humanity can achieve when differences are set aside. The released images not only showcase the technical success of Artemis II but also serve as a powerful reminder of our shared planetary identity as the crew prepares for the historic lunar flyby.
#NASA #Artemis II #Orion capsule
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News Apr 04, 2026

WHO Condemns Over 20 Attacks on Iranian Healthcare Facilities Since March 1

The World Health Organisation (WHO) has reported over 20 attacks on Iranian healthcare facilities s…
The World Health Organisation (WHO) has issued a stern warning against the ongoing US-Israeli attacks on Iranian healthcare facilities, amid the escalating conflict. The organisation's chief, Tedros Adhanom Ghebreyesus, reported that over 20 attacks on healthcare facilities in Iran have been verified since March 1, resulting in at least nine deaths, including an infectious diseases health worker and a member of the Iranian Red Crescent Society.The Pasteur Institute in Tehran, one of the oldest research and health facilities in the country, has sustained significant damage and was rendered unable to continue delivering health services. Iranian Ministry of Health spokesperson Hossein Kermanpour shared images of the heavily damaged building on social media, with parts of the facility reduced to rubble.Despite the attacks, Iran's ISNA news agency reported that the services of the Pasteur Institute have not been interrupted, and vaccine and serum production would continue. The WHO chief emphasised that the Institute plays a crucial role in protecting and promoting population health, particularly in emergencies.The attacks have not been limited to the Pasteur Institute. The WHO has reported damage to other healthcare facilities, including the Delaram Sina Psychiatric Hospital and the Tofigh Daru pharmaceutical facility, with no casualties reported. An explosion near the Imam Ali Hospital in Khuzestan province led to the facility's evacuation and cessation of services.Tedros stressed that humanitarian workers, ambulances, relief supplies, and humanitarian facilities must be respected and protected under international law. The Geneva Conventions, agreed upon after World War II, designate healthcare facilities as protected locations.The Iranian Red Crescent Society reported that a warehouse belonging to the organisation was targeted, destroying two-wheeled relief containers and two buses and relief vehicles. According to the organisation, 307 health, medical, and emergency care facilities have been damaged in the war.
#health #iran #attacks
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Books Apr 04, 2026

From Picnic Romance to Post‑Divorce Kitchen Collaboration: How Shared Cooking Ties Keep a Couple Connected

A former couple recounts how a mutual love of food sparked their romance, fueled kitchen battles, a…
On a sun‑lit picnic beside Canberra’s Molonglo River, a tartan blanket, a bottle of wine, crusty baguette, cheese and a daring chicken‑and‑grape salad from a gourmet magazine marked the beginning of a romance that would be defined by food.Their shared appetite for culinary experimentation quickly turned into a series of kitchen showdowns—debates over meat doneness, oven temperatures, seasoning ratios and the eternal butter‑vs‑oil dilemma. While the clashes were frequent, the meals they produced together often became celebrated triumphs.Over the years, their lives were chronicled in the spines of recipe books and the aromas of countless dinners. From the quest for the perfect loaf to the fiery sting of chilies that left a lasting impression, each dish mapped the highs and lows of their partnership.He gravitated toward savoury mains; she honed a talent for desserts. Their culinary quirks—her habit of returning leftovers to the fridge, his ritual of swaddling roasted meat in tea towels—added both friction and flavor to their shared table.Even after their separation, the couple’s kitchen remains a shared space. A well‑worn ceramic baking tray, scarred by years of roasting turkeys, chickens and lamb, still serves as the foundation for gravy‑making and other culinary rituals during holiday gatherings.One of his most enduring contributions is a dish they call Pasta Dimanche. Born from a pantry raid on a Sunday night, the pasta blends diced capsicum, carrot, purple onion, garlic, celery, parsley and tomato with a tin of tuna, cracked pepper, salt and a splash of Tabasco and green chilli sauce. The result is a vibrant, summery plate that celebrates colour, texture and the surprise harmony of warm and crisp.Recipe: Pasta Dimanche (Serves 4)Ingredients:1 red onion, finely chopped1 carrot, finely diced3 garlic cloves, finely chopped1 yellow capsicum, finely chopped1 green capsicum, finely chopped1 red capsicum, finely chopped1 cup finely chopped parsley370 g tin tuna, drained1 tsp Tabasco1 tsp green TabascoDried pasta of choice (to serve)Method:1. Toss the vegetables, garlic, parsley and tuna in a large bowl; season with Tabasco, salt and pepper.2. Cook pasta in salted boiling water until al dente; drain.3. Divide pasta among four bowls, top with the tuna‑vegetable mix, and serve.Despite their split, they continue to exchange food news, recipe links from the New York Times, and tips on premium ingredients—proving that a shared love of cooking can outlast even the most intimate of relationships.
#cooking #relationship #recipe
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World Economy Apr 04, 2026

UK Food Halls Defy Hospitality Downturn with Robust Growth

Despite a challenging economic climate, UK food halls are thriving, offering a diverse range of cui…
In the face of a downbeat hospitality trend in the UK, food halls are emerging as a beacon of hope, offering a diverse culinary experience that is proving resilient to economic challenges. The Cambridge Street Collective in Sheffield, Europe's largest purpose-built food hall at 20,000 sq ft, exemplifies this trend. Opened in 2024, it features a variety of vendors offering everything from sushi tacos to Palestinian cuisine.The food hall sector is experiencing significant growth, with major UK cities averaging £5.6m in annual revenue and a year-on-year growth rate of 10.75%. This growth is attributed to the shared infrastructure and risk model, where vendors pay a cut of their sales each month, and the owner covers costs such as energy and staffing. This model allows for a lower-risk entry point for entrepreneurs and innovative food concepts.65 new food halls are currently in development across the UK, including a 60,000 sq ft venue in Newcastle and a growing scene in cities like Manchester, Liverpool, and London. These food halls are not just about food; they offer a community space where people can work, socialize, and enjoy a variety of cuisines.Matt Farrell, founder of Bold Street Coffee, notes that food halls have become incubators for new businesses, providing opportunities for operators who can't afford traditional sites. James Cowan of Blend Collective, the owner of Cambridge Street Collective, emphasizes the importance of hosting local businesses and keeping the offering fresh.Successful food hall vendors have gone on to open their own brick-and-mortar restaurants, such as Baity, a Palestinian chain with sites in multiple cities, and Bao, which started in London's Netil Market. These success stories highlight the potential for food halls to foster culinary innovation and entrepreneurship.While some may wonder if the UK has reached peak food hall, industry experts believe there is still room for growth, particularly in areas with high demand and limited offerings. As the economic climate continues to evolve, food halls are likely to remain a vibrant part of the UK's culinary landscape.
#food #which #hall
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Science Apr 04, 2026

Canadian astronaut Jeremy Hansen hails ‘Project Hail Mary’ as inspiration ahead of historic Artemis II lunar flyby

Canadian astronaut Jeremy Hansen praised the sci‑fi film Project Hail Mary as a morale boost for hi…
Canadian astronaut Jeremy Hansen described the new space‑thriller Project Hail Mary as “a real treat” after watching it with his family and fellow Artemis II crew members ahead of their upcoming lunar fly‑around.During a live broadcast organized by the Canadian Space Agency, Hansen highlighted how the film exemplifies the synergy between art and science, noting that it “inspires people to imagine the sacrifices required to save humanity.”Co‑star Ryan Gosling, who shares Hansen’s Canadian roots in London, Ontario, sent his best wishes to the four astronauts before the mission’s scheduled launch on Wednesday.Hansen’s participation marks a milestone: he is the first non‑U.S. citizen to travel to the Moon. If the mission proceeds as planned, Artemis II will travel more than 250,000 miles from Earth, surpassing the distance record set by Apollo 13 in 1970.The crew’s ambition echoes past cinematic portrayals of space, recalling the acclaimed 1995 film about Apollo 13, and underscores the growing cultural interplay between Hollywood storytelling and real‑world exploration.
#Jeremy Hansen #Canadian Space Agency #Artemis II
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