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World Economy Mar 25, 2026

UK Imposes Temporary Ban on Cryptocurrency Donations to Political Parties

The UK government has introduced a temporary ban on cryptocurrency donations to political parties f…
The UK government has introduced a temporary ban on cryptocurrency donations to political parties, following a review into countering foreign financial influence and interference in UK politics. The ban, recommended by Philip Rycroft, a former senior civil servant, aims to allow regulators to catch up with the risks associated with crypto assets.Rycroft's review highlighted that crypto assets are used as a vehicle to channel in foreign money, posing a risk to the integrity of the political finance system. While a full ban is not deemed necessary, the moratorium will remain in place until parliament and the Electoral Commission are satisfied that new rules are effective.The Electoral Commission has warned parties that the same verification procedures for cash donations also apply to crypto donations, including checking the source of donations over £500 and reporting donations from a single source over £11,180. The commission has noted that cryptoassets present particular challenges and risks in meeting electoral law requirements.Concerns over crypto donations have been raised due to the potential for using 'mixers' to obscure the true source of a donation or AI tools to split donations, which could evade reporting thresholds. The joint committee on the national security strategy has called for a ban on crypto donations, citing the risk to the integrity of the political finance system.Only three parties have said they will accept crypto donations: Reform UK, the far-right Homeland Party, and the Other Party. Reform UK has received crypto donations, but they have not exceeded the £11,180 threshold. The party accepts crypto donations through a Polish payment platform called Radom, which claims to follow UK rules around verifying the identity of donors.
#donations #crypto #not
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Technology Mar 25, 2026

Sanders and AOC Push for Pause on New AI Datacenter Construction

Progressive lawmakers Bernie Sanders and Alexandria Ocasio-Cortez have introduced a bill to tempora…
Progressive lawmakers Bernie Sanders and Alexandria Ocasio-Cortez have unveiled a bill to place a moratorium on the construction of AI datacenters in the US. The proposed pause aims to ensure the AI boom benefits workers, protects the environment, and does not harm communities.The bill's introduction comes amid growing concerns about the rapid buildout of AI infrastructure and its impact on energy consumption, electricity bills, and the climate crisis. Sanders and Ocasio-Cortez argue that a temporary ban would give the US government time to create strong federal safeguards for AI.“AI and robotics are creating the most sweeping technological revolution in the history of humanity,” Sanders said. “The scale, scope, and speed of that change is unprecedented. Congress is way behind where it should be in understanding the nature of this revolution and its impacts.”The proposal has gained traction, with at least 11 states considering similar policies. Advocacy groups, including Food and Water Watch, have also called for a federal datacenter moratorium, citing concerns about the sector's impacts on electricity bills and the climate crisis.The bill's supporters argue that datacenters' massive energy consumption and water usage have sparked controversy, especially in drought-ridden areas. If current trends continue, datacenters may account for nearly half of all US emissions from the power sector.“We cannot sit back and allow a handful of billionaire Big Tech oligarchs to make decisions that will reshape our economy, our democracy and the future of humanity,” Sanders said. “We need serious public debate and democratic oversight over this enormously consequential issue. The time for action is now.”
#datacenters #sanders #new
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Sports Mar 25, 2026

US Runners Led Astray in Half-Marathon Chaos Gain Entry to World Championships

Three US runners who were led off course during the USA Track & Field Half Marathon Championships i…
Three elite runners, Jessica McClain, Emma Grace Hurley, and Ednah Kurgat, who were leading the USA Track & Field Half Marathon Championships in Atlanta earlier this month, were inadvertently led off course by a guide vehicle. This chaotic turn of events resulted in them finishing in ninth, 12th, and 13th place, respectively, more than two minutes behind the winner, Molly Born.The incident deprived them of the top prize of $20,000 and the three qualifying places for the World Road Running Championships. However, USATF announced on Wednesday that World Athletics had granted permission to expand its team from four to seven, allowing McClain, Hurley, and Kurgat to compete in Copenhagen this September.“From the moment this happened, our focus was on doing right by the athletes,” said USATF CEO Max Siegel. “Jessica, Emma Grace, and Ednah had clearly separated themselves in the race and we are sorry they did not get to celebrate their accomplishment by breaking the tape.”The USATF team for the championships will include Born, Carrie Ellwood, and Annie Rodenfels, along with a final athlete determined by the world rankings in May. The team will consist of four “scoring athletes” and three “non-scoring athletes,” with USATF funding prize money for the non-scoring athletes.
#USA Track & Field #Half Marathon Championships #World Road Running Championships
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Music Mar 25, 2026

Tansy Davies's 'The Passion of Mary Magdalene' Premieres with Dunedin Consort

The Dunedin Consort, led by conductor John Butt, premieres Tansy Davies's new Passion, 'The Passion…
Tansy Davies's intriguing score for 'The Passion of Mary Magdalene' premiered with the Dunedin Consort, conducted by John Butt. This brand new Passion, co-commissioned with the Edinburgh international festival, explores the enigmatic figure of Mary Magdalene through a tautly written 90-minute work divided into seven episodes.The composition features eight singers, including four women and four men, with Mary Magdalene herself portrayed by Anna Dennis. The narrative weaves together texts from various sources, including the non-canonical Gospel of Mary and poetry by Ruth Fainlight. The music is characterized by intricate instrumental layers and a blend of traditional and modern elements, such as the use of an electric guitar.Davies's work is described as a meditation rather than a traditional Passion-setting, with a focus on the mystical and sensual aspects of the story. The performance is set to be featured at the Edinburgh international festival on August 8.
#davies #mary #magdalene
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Sports Mar 25, 2026

Women's Super League to Unveil New Trophy Design for 2026-27 Expansion

The Women's Super League (WSL) will introduce a new trophy design for the 2026-27 season, coincidin…
The Women's Super League is set to unveil a new trophy design for the 2026-27 season, marking a significant milestone as the league expands to 14 teams. This move is part of a broader rebranding effort to bring the WSL and WSL2 trophies in line with the league's new visual identity.The current WSL and WSL2 trophies, which feature the old league logos, will be temporarily redesigned for the remainder of the season. They will have a smooth, flat top with the old logos removed, before the new silverware is introduced.The process of designing the new trophies has already begun, with extensive consultation carried out, including with players. The aim is to create trophies that are iconic, prestigious, and enduring, making players proud to lift them.The WSL's chief executive, Nikki Doucet, has emphasized the mission to build the most distinctive, competitive, and entertaining women's football club competitions in the world.Current contenders for the interim trophies include Manchester City, who lead the WSL table, and Charlton, who are in a strong position in WSL2.
#Women's Super League #2026-27 season #14-team expansion
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Sports Mar 24, 2026

FIFA Faces Lawsuit Over 'Excessive' 2026 World Cup Ticket Prices

Football Supporters Europe (FSE) and Euroconsumers have filed a lawsuit against FIFA over 'excessiv…
Football's world governing body FIFA is facing a lawsuit from supporter groups over allegedly 'excessive' ticket prices for the 2026 World Cup final. The Football Supporters Europe (FSE) and Euroconsumers have filed a formal complaint with the European Commission, accusing FIFA of abusing its monopoly position to impose high ticket prices and unfair purchasing conditions on European fans.The FSE claims that the cheapest openly available final tickets start at $4,185, more than seven times the cost of the cheapest 2022 World Cup final ticket. In contrast, the cheapest UEFA Euro 2024 final tickets were priced at 95 euros ($100). FIFA's own bid documents had projected an average ticket price of $1,408, which has not been met.The 2026 World Cup, hosted jointly by Canada, Mexico, and the United States, will feature 104 matches and 48 teams. While almost seven million tickets have been made available, prices have soared for in-demand games, with most tickets costing at least $200 for matches involving leading nations. Some tickets on FIFA's official resale site are being offered at astronomical prices, such as $143,750 for a category three seat at the MetLife Stadium in New Jersey.The FSE argues that FIFA's actions are unfair and unacceptable in a competitive market, highlighting the initial promise of tickets being available from as little as $21, but instead starting at $60 for some matches.
#world #tickets #fifa
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World Economy Mar 24, 2026

Australia and EU Forge Critical Minerals Trade Deal to Reduce China Reliance

Australia and the European Union have signed a trade deal to remove tariffs on nearly all Australia…
Australia and the European Union have sealed a landmark trade agreement, eliminating tariffs on almost all Australian critical mineral exports. This move is part of a broader strategy to mitigate concerns over China's dominant position in the global rare earths market. The deal, which took eight years to finalize, signifies a significant step towards strengthening economic ties between the EU and Australia. European Commission President Ursula von der Leyen emphasized that the agreement would help reduce dependency on any single supplier for crucial minerals, highlighting the strategic importance of this partnership. The agreement will not only facilitate the export of critical minerals from Australia to the EU but also remove over 99 percent of tariffs on EU goods exports to Australia. This is expected to result in a substantial reduction of approximately 1 billion euros ($1.2 billion) in annual duties for EU companies. Consequently, EU exports to Australia are projected to grow by up to 33 percent over the next decade. Australian Prime Minister Anthony Albanese noted that the deal is worth approximately 10 billion Australian dollars ($7 billion) annually to the Australian economy. The agreement underscores the importance of diversifying supply chains and reducing reliance on China, which currently controls about 90 percent of the global processing for rare earths. These minerals are vital for producing technological equipment such as electric cars, lithium-ion batteries, and LED televisions. The trade relationship between the EU and Australia is substantial, with EU firms exporting 37 billion euros ($43 billion) worth of goods to Australia in 2025 and 28 billion euros ($33 billion) in services in 2023. The EU was Australia's third-largest two-way trading partner and second-largest source of foreign investment in 2024.
#australia #australian #list
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News Mar 24, 2026

US and Israel Escalate Attacks on Iran Despite Trump's Claims of Peace Talks

The US and Israel have launched a series of attacks on cities across Iran, including Tehran, Tabriz…
The conflict between the US, Israel, and Iran has escalated with a series of attacks on Iranian cities, including the capital Tehran, and other locations such as Tabriz, Isfahan, and Karaj. These attacks occurred even as US President Donald Trump claimed that Washington was engaged in productive conversations with Tehran to end the war.Iranian media reported that Israeli-US strikes targeted two gas facilities and a pipeline, hours after Trump postponed planned attacks on power infrastructure. The attacks resulted in partial damage to facilities in central Iran, including a gas administration building and a gas pressure regulation station in Isfahan.A leading scholar and professor at a science university in Tehran, Saeed Shamaghdari, was killed alongside his two children in an attack on his residence north of the capital. Iran's English-language news channel Press TV identified Shamaghdari as a teacher at the engineering department of the Iran University of Science and Technology.The head of Iran's emergency service, Jafar Miadfar, reported that 208 children have been killed since the war began on February 28, with 168 of them dying in the US missile strikes on a girls' school in Minab city. Rights groups have called for an investigation into the Minab attack as a potential war crime.More than 1,500 civilians have been killed across Iran, according to the Iranian government. The US-Israel war on Iran has expanded across the Middle East, leading to a spike in oil prices and triggering a global energy crisis.Despite the escalation of violence, Iran's Foreign Minister Abass Araghchi has held calls with several countries, including Egypt, Pakistan, and Oman, in an attempt to open a diplomatic channel. However, senior Iranian officials have denied that Iran is engaged in talks with the US, contradicting Trump's claims of productive conversations.European Commission President Ursula von der Leyen has emphasized the need for a negotiated solution to the conflict, warning that the situation is critical for energy supplies and condemning Iran's efforts to block energy exports through the Strait of Hormuz.
#iran #attacks #iranian
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Business Mar 24, 2026

Mike Lynch's Estate Ordered to Pay £920m to Hewlett-Packard

The estate of late British tech tycoon Mike Lynch has been ordered to pay £920m to Hewlett-Packard …
The estate of late British tech tycoon Mike Lynch has been ordered to pay £920m to the technology company Hewlett-Packard (HP) two years after he died in a superyacht disaster.The ruling by London’s high court said the estate was liable to pay the sum as compensation, costs, and interest for HP’s acquisition of Lynch’s firm Autonomy, after a UK legal ruling in 2022 that he duped the US firm into paying £8.2bn for his software firm Autonomy.The deceased entrepreneur’s estate has been estimated to be worth about £500m, so the damages could leave it bankrupt.Lynch and six others, including his 18-year-old daughter Hannah, died in August 2024 on a trip with friends and family celebrating his acquittal on US fraud charges relating to HP’s $11bn takeover of Autonomy in 2011.HP accused Lynch and Autonomy’s former chief financial officer, Sushovan Hussain, of inflating the firm’s value before the takeover. HP wrote down Autonomy’s worth by $8.8bn (£6.5bn) within a year of the purchase.The US tech company has sought damages in UK civil proceedings of up to $4.55bn from the estate of the late tycoon, who was once hailed as Britain’s answer to Microsoft founder Bill Gates.However, the level of the claim was ruled last year by the high court to be “always exaggerated”, as it concluded that Lynch’s estate owed £700m in compensation. The £920m figure includes costs and interest.Lawyers for Lynch’s estate sought permission to appeal against Tuesday’s ruling, which was refused. However, the estate can apply directly to the court of appeal.HP welcomed Tuesday’s decision, which it said in a statement “brings us another step closer to resolution of the dispute”.A spokesperson for the Lynch family said: “We are disappointed by the court’s refusal and believe an application to the court of appeal should follow in the interests of justice. HP’s $5bn damages claim has already been shown to be vastly exaggerated.“Today’s judgment describes the exaggeration as ‘without foundation’ and the purposes for which it was ‘calibrated, publicised and pursued’ as objectionable, misleading shareholders and extending the litigation unnecessarily.“Dr Lynch’s acquittal in the US, where witnesses were properly cross-examined, exposed the truth. The damage to Autonomy was the result of HP’s own actions and failures, not wrongdoing at Autonomy.”
#Mike Lynch #Hewlett-Packard #Autonomy
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