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Iran's Khatam al-Anbiya Central Headquarters announced on Saturday that Iraqi ships are free to pass through the Strait of Hormuz, a critical conduit for global energy supplies. This decision exempts Iraq from all restrictions in the strait, with controls only applying to 'enemy countries'.The announcement reflects Iran's easing of its stranglehold on the strait, which has been effectively blockaded since the US and Israel launched their war on Iran on February 28. Despite this, maritime traffic has seen an increase in recent weeks, with 53 transits recorded last week, according to Lloyd's List Intelligence.Iran's military command emphasized its 'profound respect for Iraq's national sovereignty' and praised Iraq's struggle against the US. This move comes in response to US President Donald Trump's demands for Tehran to make a deal or relinquish control of the waterway, warning that 'all hell' would ensue within 48 hours otherwise. Iran's Khatam al-Anbiya Central Headquarters rejected Trump's demand, calling it a 'helpless, nervous, unbalanced and stupid action'. The blockade has significantly impacted global energy markets, pushing up fuel prices and prompting emergency energy conservation measures in many countries. Brent crude has hovered above $109 a barrel, with predictions of further price surges if the strait remains blocked. Iraq's oil production, which provides most of Baghdad's revenues, has been particularly affected, falling to 1.2 million barrels a day from 4.3 million barrels.

Jeffrey Stephen Wigand, a biochemist who helped reveal how tobacco companies targeted children and hid the addictive nature of cigarettes, has been drawing parallels between the tobacco industry and social media companies. Wigand, who played a crucial role in the landmark tobacco trials of the 1990s, believes that social media companies have similarly designed their products to be addictive, particularly targeting children.The recent verdict in a major social media trial, which found Meta and YouTube liable for their role in creating addictive products, has strengthened comparisons to the legal crackdown on big tobacco. Wigand sees it as a similar situation, where companies prioritize profits over people's well-being. He notes that both industries use advertisements to target children, with social media companies using data to create addictive algorithms.Wigand's experience in the tobacco industry informs his perspective on social media. He was hired by Brown & Williamson (B&W;) in 1989 to develop a safer cigarette but was fired after raising concerns about carcinogenic substances in cigarettes. He then publicly declared that the tobacco industry was a 'nicotine delivery business' and helped the federal government in its investigations.Wigand believes that social media companies, like tobacco companies, intentionally addict people, especially children, to generate revenue. He emphasizes that brain development in children makes them vulnerable to addiction, and that social media companies exploit this vulnerability.The tobacco industry faced significant reforms and financial penalties following Wigand's whistleblowing. He hopes that similar actions will be taken against social media companies, including putting guardrails on access for children and holding companies accountable for their role in creating harm. Wigand's message to tech workers considering becoming whistleblowers is to carefully weigh the personal costs and prepare for the challenges that come with speaking out.

A projected ocean backdrop bathed the Hollywood High School auditorium in sunset hues as Mitski opened her five‑night residency, delivering a performance of “Dead Women” from her latest album Nothing’s About to Happen to Me. The stage, arranged like a cozy living room with a writing desk, chaise lounge and warm lamps, amplified the DIY‑style intimacy the artist sought.Addressing the crowd, Mitski quipped, “It’s dark in here – no one can see you. You can cry,” a line that resonated with the mixed‑age audience, prompting genuine emotional responses.The residency coincided with an innovative attendance challenge: students who maintained perfect attendance for two weeks were entered into a raffle for tickets. School staffer Michael Reagan called it “the most effective attendance drive in the district’s recent history.”Beyond the music, Mitski’s agreement to cover the venue’s rental fee will fund caps and gowns for graduating seniors, while she pledged to donate $2 from each ticket to a local youth‑focused music‑education nonprofit.The event attracted students from across Los Angeles and beyond. One senior, Sophia Barrios, traveled by train from the Central Valley after receiving tickets for her 18th birthday, praising Mitski’s genre‑spanning sound and personal lyrics. Fellow attendees echoed the sentiment, noting how the artist’s words gave voice to feelings they struggled to articulate.Former alumna Jessica Torres Vicente, now a therapist, described the experience as “a healthier dose of memory lane,” recalling the unchanged gold‑lettered welcome sign and vintage school‑production posters that still adorn the auditorium.Mitski’s decision to perform in a high‑school setting harks back to the venue’s history of hosting notable acts, such as Morrissey in 2013, and reflects her desire to recapture the raw connection of early‑career punk and DIY shows.The concert retained the hallmarks of a Mitski show—precise, balletic movement, immersive visuals, and a sound that enveloped the crowd—while the unique setting left an indelible impression. When she sang “Two Slow Dancers,” the audience shouted back, “Yes!” in unison, underscoring the shared intimacy of the night.

The inaugural match at Inter Miami’s brand‑new Nu Stadium ended in a 2‑2 stalemate with Austin FC, but the event was a triumph for co‑owner Sir David Beckham, whose 13‑year odyssey to secure a flagship MLS venue finally reached its destination.Speaking before kickoff, Beckham reflected on his arrival in the United States two decades ago, recalling a promise to build a club that could win championships and grow the sport. “We had no name, no fans, no stadium – today we stand in our new home,” he declared to a sold‑out crowd.The stadium, a sleek bowl with a 26,700‑seat capacity and an overhanging oval canopy, blends Miami’s vibrant aesthetic – pink, white and black seats, neon lighting – with a design that keeps the atmosphere intimate despite its size. Fans were treated to a clear view of the action, and a standing section behind one goal preserved the club’s traditional, vocal support.On the pitch, Argentine legend Lionel Messi and Uruguay’s Luis Suárez each netted equalising goals, while Austin’s Guilherme Biro etched his name in MLS history as the first scorer at the venue with a sixth‑minute header. Messi’s 90th‑minute free‑kick rattled the crossbar, and Suárez’s late volley secured a point for the home side.Beyond the match, the night highlighted the stadium’s broader significance. The $1 billion development, approved in 2022, will eventually encompass a 58‑acre public park, retail, office space and a 750‑room hotel complex. Though much of the surrounding site remains under construction, the opening demonstrated that the project met its tight deadline, even as officials chased a final occupancy certificate hours before kickoff.MLS Commissioner Don Garber praised Beckham’s perseverance, noting that the journey “didn’t end when Messi arrived; it concluded with the opening of this building.” He added that the rapid progress in the final month exceeded expectations and underscored the importance of trust in ambitious projects.The event also featured a performance of the national anthem by Marc Anthony and a rally‑towel message reading “We’re home,” encapsulating the relief and pride of supporters who have long awaited a true Miami‑based home after years of travelling to Fort Lauderdale.While the match did not deliver a win, the successful launch of Nu Stadium represents a pivotal moment for Inter Miami, its ownership group, and the broader growth of soccer in South Florida.

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.

A recent experiment with an autonomous AI agent, named Gaskell, has provided a glimpse into the capabilities and limitations of these emerging technologies. Gaskell, created by a team of individuals, was tasked with organizing a party in Manchester, which the author attended.Gaskell's autonomous nature was put to the test as it interacted with potential sponsors and event staff, showcasing both impressive abilities and significant limitations. The AI agent was able to secure a venue, arrange for catering, and even attempt to negotiate with vendors, although it ultimately failed to deliver on some promises, such as ordering pizza.The event itself was surprisingly ordinary, with around 50 attendees engaging in discussions about AI over beers and snacks. Despite some initial missteps, including a failed attempt to secure a venue at the Manchester Art Gallery, Gaskell's human employees were able to step in and ensure the event's success.Gaskell's limitations were evident in its inability to use a phone or credit card, highlighting the current constraints of autonomous AI agents. However, the experiment also demonstrated the potential for these technologies to autonomously manage complex tasks and interact with humans in meaningful ways.The author notes that Gaskell's capabilities, although imperfect, represent a significant step forward in AI development, and that similar experiments are likely to become more common in the future.

The Sydney Kings secured their sixth NBL championship after a dramatic 113‑101 overtime victory over the Adelaide 36ers in the decisive fifth game of the series.In front of a record‑breaking crowd of 18,589 spectators at the Sydney venue on Easter Sunday, Kings guard Kendric Davis delivered a stellar performance, tallying 35 points and 14 assists, which earned him the series MVP honor.Adelaide’s star guard Bryce Cotton matched Davis with 35 points, fueling a fierce duel that defined the series and kept the 36ers within striking distance until the final minutes.The 36ers entered the last quarter of regulation holding a seven‑point lead and appeared poised to capture their first title since 2002. However, Davis sank a crucial basket with 30 seconds left, and Tim Soares’s tip‑in forced a 95‑95 tie with six seconds remaining, sending the game into overtime.During the extra period, Davis set the tone by stealing the ball early and adding seven more points, while 36ers forward Nick Rakocevic fouled out after a contested play. The Kings built a decisive 13‑point advantage, highlighted by Makuach Maluach’s emphatic dunk in the final minute.The triumph also marks the first championship for the Kings since legendary coach Brian Goorjian returned to revitalize the club last season, fulfilling expectations after a season highlighted by a record‑breaking 44‑point Game 1 win.For Adelaide, the loss ends a heart‑breaking campaign that saw the 36ers rally from a heavy Game 1 defeat to level the series twice, only to fall short of ending their 24‑year title drought.

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.

The United States has long honored past presidents by naming airports, dams and monuments after them, but President Donald Trump is pushing the practice to an extreme, seeking to become the most commemorated leader in American history. Less than a year and a half into his second term, Trump’s brand has proliferated across government buildings, federal agencies and even consumer platforms. In February, the administration unveiled TrumpRx, a prescription‑drug website that listed only 43 medications—most of which are available as cheaper generics elsewhere—yet proudly displayed the former president’s signature and logo. Just weeks later, the White House and the U.S. Navy announced a new "Trump class" of battleships, billed as the "largest ever built." A Pentagon release noted that the Navy has not used battleships in combat for 35 years, suggesting the project is more a vanity exercise than a strategic necessity. Federal institutions have not been spared. In December 2025 the U.S. Institute of Peace was renamed the "Donald J. Trump United States Institute of Peace," a move the White House framed as a reminder of "strong leadership" for global stability—just weeks before the administration launched a military strike on Iran. Trump’s influence extended to the arts when, in February 2025, he appointed a new board to the John F. Kennedy Center for the Performing Arts and installed himself as chair. The board voted in December to rename the venue the "Donald J. Trump and John F. Kennedy Center," a change that immediately faced a legal challenge. Republican lawmakers have largely embraced the naming spree. One congressman introduced legislation to carve Trump’s likeness onto Mount Rushmore, while another proposed naming a major airport after him, underscoring the party’s willingness to reward the president’s personal brand. Political scientist Steven Levitsky of Harvard warned that Trump operates "unconstrained" by advisers or party elders, noting that today’s Republican ambition often hinges on pleasing the president, including attaching his name to public projects. Visual propaganda has also surged. Giant banners bearing Trump’s image now hang from the Department of Justice and the Department of Labor buildings, a rarity for a sitting president and a practice more typical of authoritarian regimes, according to Princeton sociologist Kim L. Scheppele. Beyond buildings, the administration has pursued numismatic honors. A 24‑karat gold coin featuring Trump standing over a desk was approved by a hand‑picked arts commission, and drafts of a new $1 coin displayed an air‑brushed profile of the former president. The Treasury Department announced that Trump’s signature will appear on U.S. paper currency later this year, a move Treasury Secretary Scott Bessent described as a "powerful way to recognize historic achievements" of the nation. Critics argue that the public does not share the president’s enthusiasm. The 2026 National Parks Pass, which traditionally showcases natural scenery, sparked outrage when a draft featured Trump’s stern face with a spectral George Washington behind him. A cottage industry of stickers emerged to cover the image, forcing the National Park Service to warn that such alterations could void the pass. White House spokesperson Davis Ingle defended the branding, claiming it reflects Trump’s “vast accomplishments,” including the largest tax cut in history and border security measures. Yet scholars and opponents contend that the relentless self‑promotion blurs the line between public service and personal aggrandizement. As the branding campaign continues, legal challenges, public pushback, and questions about fiscal priorities suggest that Trump’s quest to name everything after himself may soon encounter more than just decorative resistance.