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In a stark address delivered as the cease‑fire in the Iran conflict teetered, IMF Managing Director Kristalina Georgieva warned that the war will leave a permanent scar on the global economy, slowing growth beyond the IMF’s original projections for 2026. Georgieva noted that, had the hostilities not erupted six weeks ago, the Fund would have been poised to raise its 2026 growth outlook. Instead, even the most optimistic scenario now entails a downgrade, and a swift return to pre‑war conditions appears unlikely. The uncertainty surrounding the cease‑fire—exacerbated by divergent positions of Washington and Tehran—has already pushed oil prices higher, reflecting fears of continued disruptions to shipments through the Strait of Hormuz, a vital conduit for world energy supplies. According to the IMF’s upcoming World Economic Outlook, the conflict’s “scarring effects” will translate into lower living standards worldwide. The Fund had previously forecast global growth of 3.1% in 2026, a modest slowdown from 3.2% in 2025, buoyed by a tech‑driven investment surge. Georgieva emphasized that the war arrived when the economy was riding “considerable momentum” from technology investment and supportive financial markets. She outlined the mechanisms of damage: damaged infrastructure, supply‑chain interruptions, eroded confidence, and prolonged uncertainty over oil and gas production in the region. These factors will depress growth regardless of whether a peace agreement is ultimately reached. Georgieva highlighted that the most vulnerable will be net oil‑importing nations, poorer economies and small island states, which stand to feel the brunt of higher energy costs and reduced trade flows. She urged governments to avoid unilateral measures such as export bans or price controls, warning that such actions could "pour gasoline on the fire" and further destabilise markets. With many countries already carrying elevated debt levels and higher borrowing costs, the IMF chief called for targeted, temporary assistance to protect the most at‑risk households. She cautioned against broad tax cuts or blanket energy subsidies, which could stoke inflation and strain fragile public finances. Central banks, she added, should keep policy rates steady while remaining ready to act against inflationary pressures. Bank of England Governor Andrew Bailey, who also chairs the Financial Stability Board, echoed the IMF’s concerns, describing the conflict as a "very big shock" that has heightened market volatility. He stressed that the situation remains fluid and that policymakers must stay vigilant. Overall, the IMF’s message is clear: the Iran war will reshape the global growth trajectory for the foreseeable future, and coordinated, prudent policy responses are essential to mitigate its lasting impact.

From the world’s smallest footballing nation – a population of just 45,319 – the American Samoa women entered the 2026 World Cup qualifiers ranked 153rd, the lowest spot in the global rankings.Team captain Alma Mana’o describes the squad as a close‑knit family, noting that several sets of sisters play together and that the Mana’o family holds the record for the most relatives to appear at FIFA events.In November, the side faced Tonga, the tournament’s highest‑ranked opponent. 18‑year‑old Cassidy Drago etched her name into Samoan folklore by netting the nation’s first ever goal in women’s World Cup qualifying, followed quickly by a second, sealing a 3‑0 victory. The momentum continued with a win over the Cook Islands, cementing their reputation as genuine upset‑makers.The second round seemed to promise a return to reality when the Solomon Islands – 80 places above them in the rankings and 2025 Pacific Nations Cup champions – thrashed American Samoa 7‑1 in an Olympic qualifier. Yet, just 90 minutes later, the Samoans produced one of the competition’s most astonishing results: a 1‑0 win over the same opponents.That triumph was followed by another narrow victory, 1‑0 against neighbouring Samoa, securing a place in the final OFC qualifying round and completing the team’s evolution “from underdog to dark horse,” as Mana’o puts it.Looking ahead, American Samoa will meet Papua New Guinea in Auckland – the venue of their inaugural women’s international match 28 years ago. The squad now benefits from the guidance of Amanda Cromwell, the 1996 U.S. Olympic gold‑medal‑winning coach, who has overseen four wins in five games. Mana’o credits Cromwell with professionalising the program, from nutrition plans to dedicated training staff, and says the new standards will become the norm.Mana’o herself broke ground as the first “off‑island” player in 2011 at age 15, enduring an 8‑0 debut loss. Today she celebrates a new generation of teenagers, such as Mia Toeaina and Naiyah Ve’e, who are experiencing a vastly different, more positive football environment.

In a shocking escalation of violence, civilians in Gaza's Maghazi camp were caught in the crossfire as rival armed groups clashed, leaving 10 people dead and 44 injured. The incident occurred on Monday, with eyewitnesses describing scenes of panic and chaos as armed men stormed homes and a school run by the United Nations Relief and Works Agency for Palestine Refugees (UNRWA).The violence began when armed groups approached from the direction of the "yellow line" that separates Palestinian and Israeli-controlled areas of Gaza. The groups, allegedly backed by Israeli forces, moved towards civilian homes and the Al-Maghazi Preparatory Boys School, which is sheltering large numbers of displaced people.Residents reported that the armed men, who identified themselves as the "Popular Forces combating terrorism", a rival group to Hamas, broke into homes, detained family members, and used the houses as cover during the battle. The family of Asaad Nteel, who was caught up in the violence, described being ordered to gather in one room and not move, fearing harm to themselves and their children.The clashes, which lasted for over an hour and a half, caused extreme distress to residents, who do not support these groups. Local people claim the armed men were provided with cover and support by Israeli forces, with some eyewitnesses reporting the use of armed drones to aid the armed men's withdrawal.The Palestinian Centre for Human Rights has documented previous violence by these groups, including looting of aid convoys, kidnappings, torture, and killings, with cover or support from the Israeli army. The centre has called for an urgent independent investigation, accountability for those responsible, and effective protection for civilians.The incident has sparked widespread outrage on social media, with activists sharing videos documenting victims being transported to hospitals. The violence has also raised concerns about the emerging armed groups in Gaza, which appear to operate near areas along the "yellow line".Since the ceasefire between Israel and Hamas supposedly began on October 11, 733 Palestinians have been killed in Gaza, and 2,034 injured, in addition to 759 bodies recovered. The situation remains dire, with civilians continuing to bear the brunt of the conflict.

US President Donald Trump's recent statements threatening Iran have raised concerns about the potential consequences for global power and regional stability. Trump's vow to 'wipe out' Iran has been met with warnings of a potentially catastrophic impact on the region.The Strait of Hormuz, a critical waterway for global oil shipments, has become a focal point in the tensions between the US and Iran. The US has been pressing Iran to open the strait, which has led to a significant escalation in rhetoric between the two nations.Experts warn that such brinkmanship could have far-reaching consequences, potentially reshaping global power dynamics and impacting the stability of the Middle East. The situation remains volatile, with many concerned about the potential for conflict.Trita Parsi, executive vice president of the Quincy Institute, provides insight into the complexities of the situation and the potential implications for US foreign policy.

The recent ceasefire between the United States and Iran may provide temporary relief, but the oil crisis triggered by their conflict is far from over. After 40 days of fighting, the two nations agreed to a two-week ceasefire, with negotiations set to begin in Pakistan's capital, Islamabad.One of the key points in Iran's 10-point proposal is allowing shipping to resume through the Strait of Hormuz, a critical waterway through which 20 percent of the world's oil and gas is shipped during peacetime. The strait has been effectively closed since the start of the war, causing global oil and gas prices to soar.Following the announcement, oil prices dropped to $92 on Wednesday, down from over $110 for much of the war. However, delays in restarting production and transport mean the energy crisis is far from over. For ships to continue operating, they need certainty about security during the next two weeks of the ceasefire.Even with the waterway reopened, it will take weeks for large oil tankers – now scattered thousands of miles away – to return to the Gulf to collect the millions of barrels sitting in large reservoirs. With very few tankers able to load or unload and their onshore storage full, producers began shutting wells, causing regional oil output to plummet despite efforts to reroute limited volumes via overland pipelines.Economists warn that the true impact on grocery bills will likely persist throughout 2026 and into 2027. Additionally, it will take years for the Gulf energy industry to repair facilities damaged or destroyed during the war.Shipping data shows that combined exports from Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates fell from 469 million barrels in February to 263 million barrels in March – a decline of 206 million barrels, or 44 percent. Iraq's crude exports have been hit the hardest, falling 82 percent from 94m barrels in February to 17m in March.The 206 million barrels of Gulf oil lost since the start of the war would fill approximately 103 Very Large Crude Carriers (VLCCs), the workhorse supertankers of the global energy trade. A single VLCC stretches nearly 330 metres (1,080 feet) in length, nearly the same height as the Eiffel Tower in Paris.To put that in more practical terms, if you drove a pick-up truck that averages 24 miles per gallon (or 10 litres per 100km), one barrel of crude oil would carry you about 730km or 450 miles. That is about the distance from New York City to Cleveland, Ohio.For much of the war, oil has traded above $100 per barrel, hitting a peak of nearly $128 on April 2. The value of 206 million lost export barrels at various oil prices is significant, with Brent crude being the global benchmark.

The Confederation of African Football (CAF) chief Patrice Motsepe arrived in Dakar this week, marking his first visit to Senegal since the body’s controversial decision to strip the nation of its Africa Cup of Nations (AFCON) crown and hand it to Morocco.Motsepe announced the itinerary at the end of March, pledging to meet leaders in both countries to stress the need for "working together to grow African football" as CAF confronts mounting criticism.President Bassirou Diomaye Faye is scheduled to receive Motsepe at the presidential palace, followed by a joint news conference intended to calm tensions.The visit comes in the wake of CAF’s surprise reversal of the January 18 final, where Senegal had defeated hosts Morocco 1‑0. Citing a breach of regulations concerning players leaving the field, CAF retroactively recorded a 3‑0 victory for Morocco on March 17.During the match in Rabat, Senegal’s squad, head coach Pape Thiaw and staff walked off after Morocco were awarded an added‑time penalty, which forward Brahim Diaz ultimately missed.In response, the Senegalese Football Federation lodged an appeal with the Court of Arbitration for Sport (CAS), while the Senegalese government demanded an international probe into alleged corruption within CAF.Motsepe, speaking late last month, affirmed that he would respect and implement the CAS ruling, adding that his personal view on the matter was “irrelevant.”

The United States' newly disclosed arrangement to transfer certain detainees to third‑country destinations has triggered a wave of criticism across the Democratic Republic of Congo (DRC). Local authorities and human‑rights groups argue that the deal undermines the DRC's sovereignty and raises serious concerns about the treatment of deportees. While details of the agreement remain limited, the backlash underscores growing tensions over migration policies that involve multiple nations. Critics in the DRC are calling for greater transparency and for the United States to reassess the humanitarian implications of the deportation scheme. Stakeholders emphasize that any such arrangement must comply with international law and respect the rights of individuals facing removal, warning that failure to do so could damage diplomatic relations between the two countries.

Hours after Iran and the United States announced a two-week ceasefire, several Gulf nations have reported missile and drone attacks on their territories. The United Arab Emirates (UAE) said its air defences were actively engaging incoming missiles and drones from Iran.The UAE’s Defence Ministry stated that the sounds of explosions heard across the country were caused by air defence systems intercepting ballistic missiles, cruise missiles, and unmanned aerial vehicles. Kuwait also reported intercepting a wave of Iranian drones launched since 8am (05:00 GMT), with some targeting vital oil facilities, power stations, and water desalination plants, causing serious infrastructure damage.Kuwait’s Defence Ministry said it dealt with a total of 28 drones, while Bahrain’s Ministry of Interior reported alleged Iranian attacks that injured two people and damaged several houses. Explosions were heard in Bahrain’s capital, Manama, with smoke rising from an area on Sitra Island that hosts Bahrain’s principal energy facilities.Iran has not responded to the claims by the Gulf nations. Meanwhile, Iranian state television reported that an oil refinery on the country’s Lavan Island came under attack, with firefighters working to contain the blaze. The US-Iran ceasefire was agreed upon barely an hour before US President Donald Trump’s deadline to obliterate Iran was set to expire.Gulf countries have faced repeated drone and missile barrages from Iran over recent weeks in response to the US and Israeli strikes that began on February 28. Iran targeted fossil fuel infrastructure in the oil-rich Gulf nations while effectively closing the strategic Strait of Hormuz to shipping, through which one-fifth of global oil usually passes.

The United States and Iran have announced a two-week suspension of all attacks, marking a significant development in the ongoing tensions between the two nations. As part of this agreement, Tehran has consented to permit the safe passage of vessels through the Strait of Hormuz, a critical waterway for global oil shipments. Iran has interpreted this development as a victory and has emphasized that forthcoming discussions in Pakistan's Islamabad on Friday do not guarantee the end of the conflict. These talks are expected to be a crucial step in determining the future trajectory of US-Iran relations. However, Israel has clarified that the ceasefire agreement between the US and Iran does not extend to Lebanon, indicating that the situation in the region remains complex and multifaceted.