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It's been 12 months since Donald Trump's 'liberation day' on April 2, 2025, when the US president introduced tariffs on nearly every country the US did business with. The move sent shockwaves through the global economy, causing chaos in Washington and beyond. Experts say that if Trump had spent the last 14 months on the golf course instead of in the White House, the US economy would be in a better place. The wholesale slashing of government jobs and defunding of US aid agencies had already signaled that Trump was in a hurry to upset institutions he considered profligate or useless. Investors quickly understood that chaos was an essential tool in Trump's armoury. Almost as soon as he was inaugurated, there was a steady decline in the value of the dollar against other currencies. Investors sold assets denominated in dollars and bought assets elsewhere: Europe, Asia, South America. Dario Perkins, the head of global research at the consultancy TS Lombard, said: 'If you think that discouraging investors from buying assets in the US is a victory, then you don’t believe in a growing economy.' He added that Trump's policies had led to a decline in US manufacturing jobs and a growing trade deficit. The data supports Perkins' claims. US companies stopped hiring almost as soon as liberation day was announced. Significant revisions in February to data covering 2025 pushed payroll employment down by 403,000 jobs, resulting in the addition of just 181,000 jobs last year. This small boost is set against the 163 million people who are employed in the US. Russ Mould, the investment director of the British stockbroker AJ Bell, said: 'America is still home to the world’s largest economy and its reserve currency, as well as the globe’s largest equity and bond markets, but investors continue to reassess their exposure one year on from liberation day.' The next few months of steadily increasing confidence levels followed probably the calmest period in the second Trump presidency. But sentiment began to fall again in the autumn as the White House battled with Congress over the federal budget deficit and much of the public sector was shut down. A poll by the University of Michigan showed consumer confidence at a near record low at the end of 2025. A six-month moving average produced by the Conference Board showed every generation, from baby boomers to gen Xers, had lost confidence in the economy over the past year. Trump’s liberation day executive order stated: 'The decline of US manufacturing capacity threatens the US economy in other ways, including through the loss of manufacturing jobs.' However, the US manufacturing sector shed 100,000 jobs between January 2025 and March 2026. The ratio of manufacturing workers to total nonfarm employment fell to the lowest point since 1939. Bryan Riley, the director of the National Taxpayers Union Foundation’s free trade initiative, said: 'One year after liberation day, the evidence is in. Tariffs failed even by the Trump administration’s own terms. They did not shrink the trade deficit, did not revitalise manufacturing and did not help farmers. It would be a mistake to replace one set of failed tariffs with another.' Some major US companies have redirected their investments to Europe, but China has proved to be one of the main beneficiaries. In the year to February 2026, China’s industrial profits increased by 15.2%. It's a boom that Beijing will struggle to repeat should Chinese companies face fuel and energy shortages and price hikes. But the decline of two major powers can only be to China’s gain.

The Premier League title race may be all but over, but the battle for European places is heating up, with as many as 13 teams still in contention. The Champions League and Europa League have expanded, and the introduction of the Conference League has added another layer of complexity to the qualification process.Currently, just seven points separate Liverpool in fifth place and Bournemouth in 13th, making it the smallest gap between fifth and 13th at the start of April since the 1992-93 season. This close competition means that several teams have a realistic chance of qualifying for Europe.Nine English teams played in Europe this season, with six in the Champions League, two in the Europa League, and one in the Conference League. The Premier League is likely to earn at least one extra Champions League spot due to its teams' strong performance in Europe. Arsenal and Liverpool are still in the Champions League, while Nottingham Forest and Aston Villa are in the Europa League, and Crystal Palace is in the Conference League.Champions League QualificationThe Premier League is all but certain to earn one of the two extra Champions League spots available for leagues whose teams perform best in Europe. There is also a possibility of two more Champions League spots for English clubs if Liverpool and Aston Villa win their respective European competitions and finish outside the top five.Europa League QualificationThere are at least two spots for English teams in the Europa League. If the top five Premier League sides qualify for the Champions League, the team that finishes sixth and the FA Cup winners will be in the Europa League. However, if a top-six team wins the FA Cup, the spot will go to the next-highest ranked team in the Premier League.Conference League QualificationManchester City earned a place in the Conference League by winning the League Cup, but will finish in the top six, so their spot passes down to the highest-placed team that have not already qualified for Europe. Depending on the FA Cup winner and European results, the team that finishes eighth, ninth, or 10th in the Premier League could qualify for the Conference League.Eleven English Teams Could Play in EuropeIn a highly unlikely scenario, 11 English teams could play in Europe next season if Liverpool, Aston Villa, and Crystal Palace win their respective European competitions while finishing outside the top five or six. This would result in seven teams in the Champions League, three in the Europa League, and one in the Conference League.Realistic ExpectationsMore realistically, five English teams will qualify for the Champions League, and a Europa League spot will go to the team finishing seventh due to a top-six team winning the FA Cup. This would mean the teams finishing in the top eight in the Premier League qualify for Europe.

Out of roughly 43 million Americans who collectively owe close to $1.7 trillion in student loans, only a limited number have seen their balances wiped clean. For those fortunate few, the impact has been profound, reshaping financial stability and opening new career possibilities.Laura Kluss, a 41‑year‑old clinical social worker from Sacramento, California, received forgiveness through the Public Service Loan Forgiveness (PSLF) program at the end of 2025. Her loan, which had ballooned into the six‑figure range, was reduced to zero, allowing her to consider a shift from government work to the private sector without the weight of debt.Earlier this week, the U.S. Department of Education began alerting approximately 164,000 additional federal borrowers that they may qualify for automatic loan discharge. The outreach focuses on individuals who attended any of more than 150 colleges alleged to have misled students about graduation rates, employment outcomes, or true program costs.For borrowers like Kimberly from Pennsylvania, the news feels like “hitting the lottery.” She explained that the forgiveness will enable her to settle other obligations, such as her mortgage and vehicle loan, and she warned that “college is a scam unless you become a doctor or a lawyer,” urging prospective students to consider trade schools instead.Ian Hobbs, a 43‑year‑old adjunct professor in Arizona, also saw his loans discharged, yet he stresses lingering repercussions. He noted that a high debt‑to‑income ratio has blocked mortgage approvals and job opportunities for over a decade, describing the experience as akin to “indentured slavery.”Jennifer Alfonso, a disabled stay‑at‑home wife from Florida, is awaiting a decision on a Total and Permanent Disability (TPD) discharge. She said that relief would prevent automatic deductions from her SSDI benefits, which currently leave her barely able to cover basic living costs.Alfonso also cautioned others to verify a school’s accreditation, recounting her own ordeal with an unaccredited institution that forced her to restart her nursing education after transferring credits.Brad Hufeld, a retiree in Delaware, Ohio, has carried a loan for 23 years after his college closed before he could graduate. He highlighted the personal toll, including the loss of his mother during that period, and urged borrowers to read the fine print before signing up for any program.A woman in her 60s working at a bottling plant in Kentucky, who filed for Chapter 13 bankruptcy two years ago, expressed hope that forgiveness could finally allow her to retire and keep her bills current.Finally, a 65‑year‑old semi‑retired truck driver in Texas, whose loan finances a truck‑driving certification rather than a degree, said that discharge would improve his credit score and provide much‑needed financial relief, adding a reminder to “do your homework before committing to any educational path.”p>

Professional golfer Phil Mickelson has announced that he will not compete in next week's Masters Tournament due to an ongoing 'family health matter.'The 55-year-old, a six-time major winner, expressed his respect for Augusta National Golf Club and wished everyone the best of luck, stating he will be watching.Mickelson has had a notable career, winning the Masters in 2004, 2006, and 2010. He has also secured victories in two PGA Championships (2005 and 2021) and the Open Championship in 2013.This year's Masters would have marked Mickelson's 33rd start at Augusta. Only seven other players have achieved the feat of winning the tournament three times.Mickelson has been dealing with health issues and previously missed the first four LIV Golf events of the year. He returned to action last month at LIV Golf South Africa, finishing in a tie for 48th place.

The EFL Championship kicks off an action‑filled Easter weekend, with promotion, playoff and relegation battles all still wide open. Coventry City, under Frank Lampard, sit comfortably in the automatic promotion places, enjoying an 11‑point cushion over third‑placed Ipswich Town ahead of their upcoming clash with Derby County. One of the marquee fixtures sees Middlesbrough host Millwall. Millwall manager Alex Neil, while downplaying the match, hinted that a win could thrust the Lions back into the promotion conversation for the first time since the early 2000s. At the Hawthorns, Wrexham take on West Bromwich Albion in a game that could keep their playoff hopes alive. West Brom, after a long winless spell, have finally found form under James Morrison, securing back‑to‑back victories. In a surprising managerial change, Bristol City have dismissed Gerhard Struber and appointed a 78‑year‑old interim coach, referred to as “Mr Roy”, who will debut against Charlton Athletic. Meanwhile, Sheffield United host Swansea City in a mid‑table encounter that promises a lively atmosphere at Bramall Lane. Relegation‑battling Sheffield Wednesday aim to end a 33‑game winless streak when they face Stoke City, needing six points from their final seven games to avoid the drop. Leicester City remain under pressure after a points deduction, fighting alongside Oxford, Portsmouth, West Brom and Blackburn to stay clear of League One. Conversely, Lincoln City could clinch promotion – their first return to the second tier since 1961 – with a home win over AFC Wimbledon. In a side note, former Liverpool captain Steven Gerrard praised Mohamed Salah’s extended stay at Anfield, highlighting the former’s influence on the Egyptian striker’s decision to remain.

NASA's Artemis II mission is on track to make history as four astronauts prepare to leave Earth's orbit and embark on a journey towards the moon. This 10-day voyage marks a significant milestone in the US space agency's ambitious plan to land humans back on the lunar surface this decade and establish a permanent presence there.The crew, consisting of three Americans and one Canadian, launched from the Kennedy Space Center in Florida on Wednesday. After a series of tests and preparations, they are set to perform a translunar injection burn, a six-minute engine firing that will send the Orion spacecraft on its path to the moon.During their journey, the astronauts will loop around the back of the moon, becoming the four people to travel the farthest from Earth in history. They will then use the moon's gravity to launch back home. This mission is expected to break the record for distance traveled away from Earth, currently held by the Apollo 13 crew, who reached 248,655 miles (400,171km) in 1970.The Artemis II mission is a crucial test of NASA's capabilities, with future missions aiming to land astronauts on the moon's south pole as early as 2028. The US is in a new space race with China, which plans to send a crewed mission to the same lunar region as early as 2030. NASA's long-term goal is to build a lunar base that can house a permanent human presence, bringing humanity closer to living on the moon and Mars.

The Champions Cup’s single‑leg knockout stage has historically favoured hosts – only two of the 24 matches since the format’s introduction three years ago have seen the home side lose. This weekend’s fixtures threaten to upend that trend.Defending champions Bordeaux Bègles have been quoted at 1‑100 odds to defeat a severely weakened Leicester Tigers on Sunday – a price more suited to a two‑horse race. The Tigers will be without key internationals Ollie Chessum, Joe Heyes and Nicky Smith, all ruled out for the match.Coach Geoff Parling has elected to rest his forward trio to preserve a top‑four finish in the domestic league, a decision that underscores the growing difficulty English clubs face in juggling league ambitions with European knockout demands.Parling’s dilemma echoes a similar scenario a year ago when Saracens rested their stars and suffered a crushing 72‑point defeat to Toulon. Alongside Saracens, Harlequins, Leicester and Sale collectively conceded 215 points and exited the competition without a whisper of a fight. Only Bath Rugby has managed to maintain sufficient squad depth to compete on both fronts.The competition’s structure is locked in until 2030, with a 2028 twist that will see the eight quarter‑finalists face seven Super Rugby Pacific teams and one Japanese side, aiming to crown a true world club champion every four years. Yet the packed calendar – culminating in the 2027 World Cup and the 2028 Six Nations – raises serious questions about player availability.“I just don’t know how you fit everything in,” Parling admitted. “The game is very physical now. We all want the best versus the best, but it is what it is.”Knockout success now demands back‑to‑back weekend victories. For example, if Northampton Saints overcome Castres on Friday night, they will face a fully‑strengthened Bath the following week, unless Saracens can engineer a dramatic turnaround after their recent 62‑15 Premiership loss at the Rec.Other clubs face similar uphill battles: Harlequins could earn a Dublin trip after beating Sale, only to recall their heavy 62‑0 defeat to Leinster in April; Bristol might pull off a miracle in Toulouse but would likely meet Bordeaux in the last eight.South African provinces are gathering momentum, with the Stormers and Bulls arguably better placed to silence home crowds in Glasgow and Toulon than earlier in the season. Stormers coach John Dobson quipped, “What will it take us to win? Venus to align with Uranus and Saturn.”Meanwhile, Glasgow Warriors have become notoriously difficult to beat at Scotstoun. If any of the traditional powerhouses – Northampton, Bath, Toulon, Glasgow, Toulouse, Harlequins, Bordeaux or Leinster – fail to reach the quarter‑finals, their conquerors will have defied the odds.

Britain is confronting the most severe energy shock since the early 1970s, as exports of oil, gas and fertiliser from the Middle East have abruptly stopped. The government says a response plan exists, but details remain vague. It is unclear whether the UK is better prepared for the fallout from Donald Trump’s war with Iran than it was for the pandemic six years ago. Ministers are sending a "we have your back" message to the public while simultaneously signalling to financial markets that any assistance will be limited and targeted. Contingency planning is especially difficult when dealing with an unpredictable leader like Trump. Britain’s heavy reliance on imported energy and food means that reassurance can only hold for a short time. The economy entered the conflict already on shaky ground: unemployment rose steadily throughout 2025 and growth stalled to a virtual standstill in the final quarter of that year. The sudden loss of Middle‑East energy and fertiliser supplies now adds a colossal supply shock. Last year, Trump’s “liberation day” tariff hikes served as a dry run for a far more serious confrontation. This time, the war is taking place in a region that is both volatile and crucial to the global economy. In the past two weeks, the repercussions have been felt across Asia – the Philippines declared a state of emergency, Sri Lanka introduced a four‑day work week, and South Korea announced budget measures to help households cope with soaring energy bills. The continent is the most dependent on Gulf‑exported energy, making the impact there the sharpest. The International Monetary Fund warned that the shock will drive higher prices and slower growth worldwide. Shortages push fuel and food prices up, eroding disposable income, prompting businesses to cut staff, and increasing the risk of recession. The UK, already projected to be one of the poorest‑performing major economies in 2026, could see its fresh graduate cohort face a brutal job market. Trump’s claim that the war could end within two or three weeks appears desperate. Even a rapid cease‑fire would leave substantial collateral damage, creating a stagflation scenario that could hurt Republican prospects in the upcoming mid‑term elections. British officials hope a swift resolution will limit economic damage, allowing a short‑term inflation spike to subside and the Bank of England to resume interest‑rate cuts. Treasury plans include scrapping the planned autumn fuel‑duty rise and providing targeted help for the poorest households, though the path is unlikely to be that simple. Currently, the Treasury is hesitant to act boldly for fear of unsettling bond markets. History – the 2008 banking collapse and the 2020 pandemic – shows that governments can act decisively without triggering a market backlash, using tools such as aggressive rate cuts, increased borrowing, and quantitative easing. The Bank of England has warned of a "substantial negative supply shock" and is expected to soften markets for future rate cuts, which are inevitable. Finance Minister Rachel Reeves could mitigate labour‑market pain by reversing recent increases in employers’ National Insurance contributions, subsidising public transport, and even lowering speed limits to conserve energy. The war, like the pandemic and Russia’s invasion of Ukraine, underscores the fragility of global supply chains and the need for greater British self‑reliance. Investing heavily in renewable energy is essential, but the UK also imports roughly 40% of its food and has not run a manufacturing trade surplus since 1982. In a world of disrupted supply lines, a robust plan for economic self‑sufficiency is more urgent than ever. Larry Elliott is a Guardian columnist.

A writer decided to hand over his dating life to AI for six weeks, using it to write his dating profile and generate conversation prompts. He matched with a woman, A, who was fine with his experiment, and they arranged a daytime cinema trip. The AI advised him to wear a turtleneck, dark jeans, and boots or minimal trainers, and helped him craft messages, including "Morning! Still on for Marty Supreme? Are you more of a trailers-lover or a trailers-hater?". However, A ignored the question and simply confirmed she was coming. During the date, the writer used AI-generated lines, such as "That hair has pure A24 energy", which A found confusing. The AI also suggested complimenting her hair, which he did, but A seemed unimpressed. As the date progressed, A began to notice that the writer's messages sounded "emotionally intelligent, yet something's off about them". She eventually discovered that he was using AI to generate his lines and told him that if someone had sent those messages without her knowing about the experiment, she wouldn't have come on the date. The writer concluded that "AI is great at choosing date ideas. Relying on it for conversation, though, comes at a price of not trusting yourself – your own curiosity, ability to listen, and what you have to offer". He realized that the artificial confidence of AI-generated lines can make them worse than someone who is honestly nervous.