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US investors are making significant inroads into Indian cricket, with two separate deals worth a combined $3.41 billion being announced on the same day for teams in the Indian Premier League (IPL).The deals involve the acquisition of the Rajasthan Royals for $1.63 billion by a consortium backed by US businessmen Kal Somani and Rob Walton, the former Walmart chairman. Additionally, the reigning champion Royal Challengers Bengaluru was bought for $1.78 billion by another consortium that includes US billionaire David Blitzer’s Bolt Ventures and US asset manager Blackstone.These transactions underscore the increasing allure of India’s national pastime among international investors seeking to tap into the most popular sport in the world’s most populous country. The valuations for the two teams represent a substantial jump from their original 2008 sales, when liquor baron Vijay Mallya bought RCB for $111.6 million, and Rajasthan sold for $67 million.The IPL, which features the sport’s shortest format called Twenty20, has developed into cricket’s hottest property. In 2022, the broadcast rights for the 2023-27 cycle were bought for $6.4 billion by Disney Star and Reliance Viacom18.“It’s mind-boggling numbers,” Indian cricketing great Sourav Ganguly told local reporters. “But great news for Indian cricket and the way forward. I think it’s already as big as the NBA.”Sport teams overall have become a major target of global investments, as businesses try to tap into new markets abroad and spending from their fan bases. Deloitte analysts wrote in an outlook published last month that the industry is “entering an age of expansion” — and that private equity deals across sports leagues have jumped in recent years.

The connection between boxing and cinema dates back to the early days of film, with the first sports film being a 1894 short of a six-round match between Mike Leonard and Jack Cushing. Since then, boxing has been a staple of the big screen, captivating audiences with its high-stakes emotion, physical intensity, and personal turbulence.The British Film Institute's new season, The Cinematic Life of Boxing, curated by Clive Chijioke Nwonka, an amateur boxer since his childhood in London, explores this symbiotic relationship. Nwonka believes that an uncompromising hunt for realism is central to the relationship between the sport and artform, with films that interact with human experience, poverty, struggle, triumph, and boxing as a way of life.Boxing films often capture a political zeitgeist, as seen in the 1974 'Rumble in the Jungle' heavyweight championship match between Muhammad Ali and George Foreman, which was not just a fight but a referendum on ideology during the civil rights era. This fight was documented in the 1996 film When We Were Kings, described by Nwonka as 'probably the greatest sports documentary of all time'.The Rocky franchise, which has spanned six films and a spin-off series, Creed, under the direction of Ryan Coogler, is a barometer for all the films captured in its wake. The first film remains the hallmark of sporting cinema, successfully capturing the habitual experience of the sport outside its more glamorous moments.Despite the genre's popularity, boxing films are not immune to clichés, with many relying on stock characters and familiar arcs. However, the best film-makers are able to return to the core of these films: the stakes of signing up for a fight, and the physical, psychological, and real monetary costs of endurance.

Israel stands as the sole nation where overwhelming public support exists for the conflict with Iran, despite the profound impact on daily life. At least 15 people have been killed and hundreds injured by Iranian missiles since the war began in February, with school closures and missile warnings becoming routine. Polling indicates that more than 90% of Jewish Israelis back the war, a figure that sharply contrasts with international sentiment.The global perspective reveals a dramatically different picture. Nearly a month into the fighting, polling shows that 60% of the US public opposes the war with Iran, and just one in four Americans backed the initial strikes. In the Gulf, Europe and Asia, the conflict is widely unpopular as severe economic consequences begin to manifest.According to Emma Graham-Harrison, The Guardian's chief Middle East correspondent based in Jerusalem, many Jewish Israelis view themselves as under siege in a hostile world since the October 2023 massacre. This perception has led many to conclude that an aggressive security policy is the only way to ensure safety, regardless of international reaction.There's a prevailing sentiment in Israel that short-term suffering will lead to long-term security, despite security experts questioning whether Israel has a clear strategy to convert tactical achievements into lasting security. Life in Jerusalem remains restricted, with many working from home and limitations on businesses from cafes to gyms.The public support for the war has not translated into improved political fortunes for Prime Minister Benjamin Netanyahu, who currently lags in polls for the upcoming general elections. While there is majority support for Netanyahu's decision to launch the war and his handling of it, even among those who don't want to give him another term, his coalition faces challenges in securing enough seats to return him to power.Some Israeli supporters of the war worry that Netanyahu's push to attack Iran has jeopardized the country's crucial relationship with the United States. Historically, Israel's foreign policy has been based on bipartisan ties, but Netanyahu has effectively abandoned that approach to cultivate an extremely close relationship with Trump.Israel's isolation is becoming increasingly apparent as the conflict continues. Unlike historical precedents where Israel achieved security through negotiated agreements with Jordan and Egypt, the current approach emphasizes military power above diplomatic solutions. This isolation is reflected in the fact that Israel may be the only place in the world with broad support for this war, with populations in Lebanon and Iran experiencing the conflict as horrific.

The ongoing energy crisis in Britain has exposed the consequences of successive governments' reliance on short-term, vote-winning policies, leaving the country vulnerable to strategic coercion, particularly in the energy sector. Britain has significant potential in tidal stream energy, with about 50% of Europe's tidal resources available within its territorial waters. This energy source is predictable, inexhaustible, and can be operational within three years of consent, independent of global energy prices and weather variability. Despite its potential, government support for tidal stream energy remains a tiny fraction of that provided to offshore wind, well under 1%. With stronger support, its costs could fall to parity with wind within five years. Operational projects in Scotland have already generated more than 70 GWh, while costs are falling by around 17% a year. The constraint on tidal stream energy is not technical, but political short-termism. It is time for the government to act and provide stronger support for this industry. Additionally, the article suggests that rooftop solar and battery storage can be encouraged to provide more renewables without blighting the countryside. An obligation can be put on energy companies to encourage their customers to install solar, and customers can be encouraged to include battery storage with the solar panels. Over time, this can lead to grid-level storage hosted over the whole grid, providing resilience for the energy companies and a way for renewables to provide many of the UK's energy needs.

The US-Israel war on Iran has effectively closed the Strait of Hormuz, a critical shipping route for materials used in the production of various everyday products. As the conflict enters its fifth week, global oil shortages are forcing countries to take severe measures to conserve their reserves. While US gas prices have surged to their highest level in years, the impact of rising oil prices extends far beyond drivers. Oil is a crucial component in the supply chain, powering machines that manufacture goods and fueling trucks that transport them to stores. The price increases come at a time when many Americans are already strained by rising housing costs, grocery bills, and electricity statements. A recent Gallup poll found that a third of Americans have had to skip meals and forego other needs to afford their healthcare. Oil and Gas The average cost of gas in the US has jumped about 30% over the last month, with the national average hitting $3.97, the highest since 2023. Diesel, which fuels many trucks transporting goods, has increased by about 50%, or $1.69 more than it did a year ago. Higher diesel costs could soon affect transportation costs and grocery prices, as roughly 85% of agricultural goods are transported by trucks. The impact of oil and gas shortages on the supply chain can be categorized as first-order effects, such as higher prices at the gas pump, and second-order effects, including potential price increases for crops, semiconductor chips, and medical devices. Fertilizer Farmers are struggling as the spring growing season approaches, facing higher fertilizer costs and falling commodity prices. A third of global urea trade, a solid nitrogen fertilizer, passes through the Middle East region, with about 20% of imported fertilizer to the US coming from Qatar. Nitrogen fertilizer is critical to grow corn, which is cultivated by about 500,000 farmers in the US. The White House has promised to minimize disruptions to the US economy, with alternative sources of fertilizer being sought from around the world. Helium The conflict has disrupted the global helium supply after Iranian attacks in Qatar, the second-largest producer of helium after the United States. Helium is a key import used in aerospace, magnetic resonance imaging (MRI), and semiconductor chips that power AI. Jet Fuel Increases in oil prices could result in higher airfare and shipping costs. The price of jet fuel has doubled since the start of the war, according to the International Air Transport Association. United Airlines announced last Friday that it would have to cut flights due to the surging cost of fuel. < h2>Mortgage Rates Just as US mortgages were starting to fall in February, the average 30-year fixed mortgage rate ticked up to its highest level in months, reaching 6.22%. Mortgage rates are closely tied to the overall state of the economy, and the US Federal Reserve's decision to leave rates unchanged last week cited uncertainty in the economy, particularly with conflict in the Middle East.

The International Olympic Committee (IOC) has made a significant U-turn on its policy regarding transgender athletes, effectively banning them from competing in female events at the Olympics. This decision marks a major shift from their previous stance, which allowed transgender women to compete with certain conditions.In 2020, the IOC permitted Laurel Hubbard, a transgender weightlifter, to compete at the Tokyo Olympics, issuing a framework that stated transgender women “should not be deemed to have an unfair or disproportionate competitive advantage” over biological women. However, in a recent policy document, the IOC has stated that the female category must be protected for fairness and safety reasons, and will use SRY screening – a sex test using saliva or a cheek-swab – to determine biological sex.This new policy means that transgender women and athletes with differences in sex development (DSD), who were reported as female at birth but have internal testes and have undergone male puberty, are now banned from the female category at all future Olympics. The decision has caused anger among some groups and joy among others.According to Kirsty Coventry, the newly elected IOC president, this policy change was a priority for her, and she had set up a working group to examine the issue shortly after taking office. Coventry emphasized that the decision was based on scientific consensus and the need to protect the female category.The IOC's decision is based on scientific research showing that males have a performance advantage in sports, even after hormone treatment. The policy document states that the advantage is 10-12% in most running and swimming events, and greater than 100% in events that involve explosive power. This has led to sports such as athletics, swimming, and boxing introducing policies to protect the female category.While this decision applies only to elite sport, there could still be future challenges at the Court of Arbitration for Sport if transgender or DSD athletes decide to appeal. Nevertheless, the IOC's U-turn marks a seismic shift in the ongoing debate about transgender athletes and their participation in sports.

Raoul Peck's documentary about George Orwell and his enduring relevance takes as its keynote the heretical masterpiece Nineteen Eighty-Four and its famous scene about the state compelling people to believe whatever it says is the truth: that two and two make five. This Orwellian anti-arithmetic of tyranny has become a political meme often repeated in social media debates.The simple experience of hearing Orwell's prose, both from his published work and letters and diaries, read aloud by Damian Lewis, is invigorating and refreshing. There's an interesting emphasis on Orwell's physical frailty, with him effectively composing his masterwork in the shadow of death. Peck amusingly juxtaposes Orwell's sickness with Winston Smith being made to do exercises and the infatuation of tyrannical regimes with public displays of physical fitness.Peck cites various movie and TV adaptations of Nineteen Eighty-Four and includes footage of Jura, where Orwell went to live, and archive photo records of Orwell's childhood and early working life as a policeman in Burma. The film also shows how Orwell predicted the rise of AI in propaganda and in soulless bread-and-circuses for the masses.The film falls down in not focusing on actual theocracies of the present day and the Orwellian qualities of Isis and Hamas. The question of how far Orwell renounced his own earlier antisemitic tendencies is not entirely addressed in this film.Orwell was disliked by some on the left for daring to write Nineteen Eighty-Four and disliked still more with the revelation 30 years ago that in 1949 he had handed over to British authorities the names of 38 public figures he considered 'crypto-communists' – a fact from which this film averts its eyes. But Orwell's complications don't compromise his genius for truth-telling.

The deadly conflict in Iran has precipitated what the International Energy Agency describes as the worst oil crisis in history, creating a complex situation for global clean energy efforts. While climate advocates are calling for accelerated transition away from fossil fuels, the war simultaneously presents both opportunities and significant challenges for renewable energy development.US-Israeli strikes on Iran have critically disrupted supply routes through the Strait of Hormuz, a maritime channel through which 20% of global oil flows. The conflict has also seen direct attacks on fossil fuel infrastructure by all parties involved, creating additional market shocks and uncertainty.Interestingly, reduced reliance on oil and gas is proving beneficial for some regions navigating the ongoing fuel crisis. As Jan Rosenow, a professor of energy at Oxford University, explains: Electricity generated from wind and solar is largely insulated from fossil fuel price volatility – once built, the fuel is free.Countries with substantial renewable energy investments are demonstrating greater resilience. Spain and Portugal have witnessed electricity prices decline in recent weeks, while Pakistan has experienced a surge in rooftop solar installations over the past five years, helping the nation weather oil and gas market disruptions.The electric vehicle revolution is also providing some economies with protection against gasoline price increases. In China, more than 50% of all new cars sold are electric, while in Nepal, that figure reaches an impressive 70%.However, the war is creating near-term challenges that could impede clean energy growth. The conflict has disrupted transport routes for metals essential in solar panel construction, particularly aluminum. The Middle East accounts for approximately 9% of global aluminum production, and regional producers have begun scaling back operations amid the hostilities.Furthermore, the inflationary pressures stemming from the conflict pose significant hurdles for renewable energy projects, which require substantial upfront investment for construction, equipment, and installation.Paradoxically, the war and resulting energy shocks have provided a short-term boon for fossil fuels, including coal. Many Asian countries heavily reliant on imported liquefied natural gas (LNG) are burning more coal to meet energy demand as LNG supplies through the Strait of Hormuz become constrained.The conflict has also incentivized increased oil and gas drilling and exploration, as countries scramble to replace disrupted LNG supplies and higher prices make previously unviable projects economically viable. US company Venture Global recently announced a new five-year contract to supply LNG, while Canadian energy company TC Energy indicated that Iran war disruptions are increasing the likelihood of expanding a massive LNG export facility.The Trump administration has further incentivized oil expansion, recently announcing plans to pay a French company $1 billion to abandon offshore wind farm projects in favor of fossil fuel initiatives.Experts propose various policy responses to encourage the green transition during this crisis. Rosenow advocates for tax reform to reduce the disproportionate burden on electricity compared to gas. Professor Gregor Semieniuk suggests imposing windfall taxes on oil and gas companies during the war, while Lauren Pagel of Earthworks calls for ending fossil fuel subsidies and making polluters pay for their environmental impact.Despite the current challenges, Kingsmill Bond, a strategist for the energy thinktank Ember, maintains that this crisis could ultimately accelerate the clean energy transition: This is the first oil shock in history where oil faces a superior alternative. Solar, wind and EV are cheaper, local, faster to deploy, and huge.

The creator of the AI actor Tilly Norwood, Eline van der Velden, has revealed that she received death threats following a global backlash against her project. Van der Velden developed Tilly Norwood to spark conversation about the role of AI in the entertainment industry.Van der Velden's AI creation, Tilly Norwood, gained significant attention last year when she announced that talent agents were interested in signing the AI actor. This led to widespread condemnation from prominent actors and acting unions, including Melissa Barrera, Mara Wilson, and Ralph Ineson, as well as Sag-Aftra and Equity.In an interview with the Guardian, Van der Velden expressed her surprise at the intensity of the backlash, stating, “The death threats and the hate … my goodness, loads,” she said. Despite the negative reaction, Van der Velden remains committed to her vision of integrating AI into the entertainment industry.Van der Velden founded Particle6 and its AI arm, Xicoia, and debuted Norwood in a short comedy sketch called AI Commissioner last autumn. Norwood has gained a significant following, with 141,000 followers on Instagram.Van der Velden believes that AI actors like Norwood could be beneficial for some performers, allowing them to maintain anonymity while still engaging in acting. She noted, “I think it’s great for some actors, it might actually be a blessing that they can have a digital twin,” emphasizing that fame can be burdensome.Van der Velden continues to advocate for the use of AI in entertainment, highlighting its potential to offer actors more creative freedom. She has now featured Norwood in a new music video, with lyrics written by an AI chatbot, and controls Norwood’s avatar using motion capture techniques.