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The Rise of SK Hynix South Korea's SK Hynix has entered the exclusive ranks of companies worth at least $1 trillion, propelled by explosive demand for semiconductors used in AI. AI-Driven Growth SK Hynix, the world's second-largest memory chipmaker, hit the milestone this week as investors rushed to capitalise on record-shattering revenues generated by the AI boom. Market Performance SK Hynix's share price has skyrocketed 240 percent since the start of the year, and more than 80 percent this month alone. The surge mirrors a broader AI-driven rally in South Korea's stock market, which has seen the benchmark KOSPI index double in value so far in 2026. Financial Highlights SK Hynix's market capitalisation stood at 1.66 quadrillion won ($1.10 trillion) on Friday, after its shares finished nearly 2 percent higher. The South Korean chipmaker's operating profit surged fivefold year-on-year in the first three months of this year, topping 37.6 trillion won ($24.9bn). Revenue came to 52.6 trillion won ($34.8bn), up threefold on a yearly basis. Global Context Only 17 companies have reached a market valuation of at least $1 trillion, all but five of which are based in the United States. SK Hynix is one of just four non-US companies to achieve this milestone, along with Samsung Electronics, Taiwan's TSMC, and Saudi Arabia's Saudi Aramco.

The Lead Declan Rice has promised that Arsenal “are coming back for more” next season after putting aside their disappointment at losing on penalties in the Champions League final by parading the Premier League trophy in north London. Arsenal's Champions League Final Disappointment Paris Saint-Germain retained their European crown after a nail-biting shootout in Budapest, which ended with Gabriel Magalhães missing the decisive spot kick. Arsenal – who have played more games in the competition without winning it than any other club – reached the Champions League final for the first time since 2006 having made steady progress under Mikel Arteta in recent seasons. The Data Analysis Rice scored in the shootout and chanted “Set-piece FC” on a microphone as Arsenal showed off the Premier League trophy they won for the first time since 2004. Rice is set to miss England’s first warm-up game for the World Cup against New Zealand on Saturday as he has a few days off before linking up with Tuchel’s training squad in Miami. The Impact Analysis Rice believes the best is still to come from a squad that includes the exciting 16-year-old Max Dowman. “Speaking to the players, obviously the manager, there is no reason why we are stopping here,” he said. “Next season we are going to go even stronger and we are going to be ready again so it is exciting times for this club.” The Prediction “To see the joy we can give people is crazy. Next year, we’re coming back for more.” Arteta briefly addressed the crowd before four open-top buses also carrying the women’s team – who paraded the Fifa Champions Cup they won in February – started the five-mile loop around the streets of north London, with hundreds of thousands of supporters estimated to have turned out.

The Lead: Iran's Internet Partially Restored Tehran, Iran – Authorities in Iran have reinstated some internet access three months after taking the country offline at the start of the war with the United States and Israel, but restrictions remain in place for most people. The Iranian government said last week that it had started a process to bring internet access back to a pre-war level, which was already very restricted as Iran was at the time still coming off an earlier 20-day shutdown imposed during deadly nationwide protests in January. The World's Longest Internet Blackout Last week's move ended more than 2,000 hours of near-total internet shutdown in the country of 90 million people, the longest-ever nationwide blackout in the world. But according to numerous user reports, local media accounts and expert analysis, Iranians' free access to the global internet is far from restored. Restricted Access and Blocked Services Access to millions of web pages remains blocked by the state, and almost all global services and apps such as YouTube, Instagram, Telegram, WhatsApp, Facebook and Waze are closed off and are not under consideration for reinstatement. Mobile, wireless and landline connections are slow and patchy, to varying degrees, while many local applications and services regularly malfunction or fail to load. The Black Market for Internet Access Most people are forced into a black market for access to the internet, which has proven lucrative for those selling virtual private networks (VPNs) or other circumvention methods, often through affiliations with the state. Those connections have now become cheaper after the authorities restored some internet bandwidth, but demand for VPNs has skyrocketed, and people remain exposed to scammers and malware while navigating the market. The Architecture of Filtering Meanwhile, even after the partial reopening, Iranian authorities continue to impose several complex layers of restrictions that have effectively turned full internet access into a privilege that very few people authorised by the state can enjoy. Many data centres have yet to be fully brought back online, and some internet protocols like IPv6 and HTTP/3 are blocked, while others like UDP are actively disrupted by the authorities, local media reported. Political Conflict Over Internet Policy That has prompted more criticism against Iran's relatively moderate President Masoud Pezeshkian, who campaigned against hardliners, in part, on reopening the internet. The Sazandegi reformist newspaper criticised the government over the "belated opening" in an op-ed on Saturday while the state-linked KhabarOnline news site wrote that the "Internet's technical infrastructure is the victim of the new architecture of filtering". The Tiered-Access Internet System Authorities have also failed to elaborate on what exactly they plan to do with the tiered-access internet system that they began expanding during the war. As part of the system, Iranians get varying degrees of access – or no access at all – to the global internet based on their profession and other classifications made by the state. To implement the scheme, a so-called "Internet Pro" scheme was introduced, which offers slightly less restricted access for about three times the price of a regular, more restricted internet package. Frustration and Limited Normalcy Still, more people have been able to get back on social media, where they have posted more videos from the war, including one that showed a new view as dozens of missiles rained down on the headquarters of Iran's supreme leader in downtown Tehran on February 28. Others are sharing war experiences, including where they were and how they felt when the first bombs hit the capital. But that hasn't alleviated the frustrations for many. "What we have right now is not the internet," said a Tehran resident, who spoke to Al Jazeera on condition of anonymity. "It's a return to the previous half-closed condition that is now being sold as an achievement."

The Lead: Arsenal's Mixed Season of Triumph and HeartbreakArsenal's 2025-2026 season encapsulated both remarkable achievement and painful disappointment. While the club secured its first Premier League title since 2004 under Mikel Arteta's leadership, they also endured the agony of losing two finals, most recently the Champions League final against PSG on penalties. This duality defined a season that stretched players to their physical and mental limits.The Season Marathon: Physical and Mental Toll on PlayersDeclan Rice emphasized the extraordinary demands of the season, noting that Arsenal's journey began in July with a pre-season match in Singapore and concluded with their 63rd game across all competitions. The midfielder highlighted the particularly grueling stretch from October onward, when the team faced three matches per week. Rice himself played in 55 of Arsenal's matches while battling through a persistent injury that left him operating at '70%' fitness for 'quite a while,' according to Thomas Tuchel.The Final Performance: Tactical Execution and Individual FlawsIn the Champions League final, Arsenal demonstrated their tactical discipline under Arteta's guidance. After Kai Havertz's early goal, the team effectively neutralized PSG's formidable attack until Cristhian Mosquera conceded a penalty that led to Ousmane Dembélé's equalizer. However, the match exposed several persistent issues: Arsenal's pass completion rate was a concerning 69% compared to PSG's 91%, and they made only 196 successful passes to PSG's 806. Individual attacking statistics were equally troubling, with Bukayo Saka completing just four passes and Martin Ødegaard touching the ball only 12 times.The Penalty Shootout: Misses and Mental FortitudeThe final's conclusion on penalties highlighted both Arsenal's resilience and their remaining vulnerabilities. Gabriel Magalhães missed the decisive fifth penalty, continuing a pattern that saw him miss in a pre-season shootout against Villarreal. Eberechi Eze's penalty technique, which had previously failed him in Crystal Palace's Community Shield victory, resurfaced with identical results against Arsenal. Despite these setbacks, Declan Rice's successful conversion in round three symbolized the team's character and determination throughout the match.Arteta's Evolution: From 'Mikelito' to Respected ManagerThe final showcased Mikel Arteta's growth as a manager, particularly in how his players executed the gameplan against PSG. Luis Enrique's affectionate yet potentially patronizing use of Arteta's old nickname 'Mikelito'—a reference to his time as a young hopeful at Barcelona—underscored the respect Arteta has earned. The Arsenal manager's ability to nullify Europe's most feared attack demonstrated his tactical acumen, even as the team's lack of precision in final passes revealed areas for continued development.The Road Ahead: Building on ProgressArsenal's season, while ending in Champions League final heartbreak, represents significant progress under Arteta. The combination of Premier League triumph and European final appearance establishes a foundation for future success. The physical and mental resilience demonstrated throughout the season, particularly in the face of such a demanding fixture schedule, suggests that the team is building the necessary characteristics to compete at the highest level consistently. As Rice noted, the experience gained from this grueling campaign will fuel their ambitions in seasons to come.

The Partial Internet Restoration Reveals Public AngerThe partial lifting of internet restrictions in Iran has revealed a rising tide of anger about food price inflation as ordinary Iranians decry annual price increases of 308% for vegetable oil, 190% for chicken, and 170% for rice. Iranian authorities began restoring the connection to the global internet that was severed on the first day of the US-Israeli war against the Islamic Republic on 28 February, as it had been during mass protests in January.Connectivity Remains Limited Despite Partial RestorationConnectivity remained patchy on Wednesday, with mobile internet still largely disconnected and many sites remaining restricted. But even the partial restoration was enough to reveal an outpouring of anger over price inflation and food shortages. "Everything is so expensive. It has become a disaster," wrote one user on social media. "You leave the market with a broken heart after spending all your savings. It is unbearable. We have no patience left to lead a normal life."Government Response and Blame-ShiftingPresident Masoud Pezeshkian, who has been given some credit for lifting the internet restrictions, blamed the US for Iran's economic woes, saying Washington "had moved to economic warfare after failing to bring the government down." In a lengthy statement, the ministry of intelligence revealed its concerns that internet freedom could be used for "cognitive warfare", warning that Iran's adversaries aimed to "incite protesters and drag them on to the streets."Hyperinflation Data Reveals Economic CrisisThe government announced the launch of a "resistance economy committee" to crack down on price gouging and address surging shortages, but hyperinflation is now endemic in Iran owing to trade sanctions, exchange rate pressure, and moves taken to reduce subsidies given to traders in January. Data from the International Monetary Fund showed food inflation had risen to between 140% and 200%, pushing overall inflation to 70%. Support for continuing internet restrictions was put at just 9% in a survey published on Wednesday.Government Propaganda and Public ResponseIn an attempt to forestall support for Reza Pahlavi, the son of the late shah, government backers tried to flood the internet with claims directed at "youngsters returning to the internet" that Pahlavi had openly applauded the attacks mounted by Israel and the US. Others expressed simple relief that they could now talk to the wider world. The human rights activist Emadeddin Baghi wrote: "Three bloody months have passed, but not for those who lost a loved one or had their home destroyed. In this period our voices found no echo except on some internal platforms and to the best of our ability we spoke and wrote in defence of the rights of the voiceless."Future Outlook: Digital Rights and Economic InstabilityThe prominent rapper Toomaj Salehi, who was sentenced to death in 2024 for supporting protests in 2022 but was later released, said being connected to the internet was "not a favour to us – it is our right. And without filters as well. Like free elections, freedom of expression, freedom of assembly, freedom of parties, and many other freedoms, these are our rights and not favours," he wrote on X. With public sentiment increasingly turning against the government and economic conditions worsening, Iran faces a precarious future balancing between maintaining control and addressing growing public discontent.

Internet Blackout Flickers Back: The Human Toll After 88 DaysAt about 5 pm on Tuesday, the first wave of messages, images and poems broke through Iran’s near‑total internet blackout that began on 8 January. While many celebrated the return of any connection, the tone was dominated by scepticism, anxiety and grief.Partial Restoration Triggers Mixed Reactions Across IranFirst‑hand accounts illustrate the emotional split:Ellie, 42, an artist from Tehran, described lighting a cigarette, playing SoundCloud and crying, calling the glimpse of connectivity “a small taste of a much greater freedom.”Maryam, a photographer, called the celebrations “nauseating” and warned that the internet is a basic right, not a regime achievement.Mina, 23, a recently arrested protester, warned that the limited return could be a prelude to expanded surveillance, dubbing it “filternet.”Other voices, from students posting “Hello, fellow prisoners” to diaspora activists monitoring loved‑ones, echoed a blend of relief and dread.Scale of Disruption: Numbers Behind the BlackoutDuration: 88 days of near‑total outage.Start date: 8 January – imposed to crush nationwide anti‑government protests.Partial lifts: Gradual restoration in February, a second blackout after late‑February US/Israeli strikes, and the latest limited connectivity on 30 May 2026.Access cost: VPNs became “rocketing” in price, leaving most citizens in digital isolation.Why the Partial Return Deepens Political and Social StrainThe limited connectivity does not signal a liberalisation of digital rights. Instead, it reveals a strategic use of the internet as a tool of control:Regime supporters applauded the government, framing the partial lift as a victory.Iranians on the ground reported that essential services—mobile internet, WhatsApp—remain largely unusable, hampering work and communication.The national security council’s recent approval of “Internet Pro”—a restricted, sector‑specific service—suggests a move toward monitored, commercial‑grade connectivity rather than open access.Diaspora observers noted heightened anxiety over possible surveillance, with many fearing that the restored channels will be used to track dissent.What the Next Phase of “Internet Pro” Could Mean for IraniansAnalysts warn that the rollout of Internet Pro may cement a two‑tiered digital landscape: a limited, state‑approved network for businesses and a heavily throttled, surveilled channel for the general public. If the regime expands this model, the following outcomes are plausible:Increased reliance on costly VPNs and satellite links for uncensored communication.Further erosion of trust in online platforms, driving more citizens to offline or encrypted alternatives.Potential escalation of international pressure as human‑rights groups highlight the disparity between “partial restoration” and genuine freedom of expression.For now, the flicker of connectivity serves as a stark reminder that “what truly came back online is our misery, not freedom.”

New research commissioned by Friends of the Earth Ireland and Beyond Fossil Fuels reveals that the rapid expansion of data centres in Ireland is silently inflating household electricity bills, creating what the authors call a "hidden data‑centre tax". Datacentre Power Surge Consumes 22% of Ireland’s Electricity According to the Central Statistics Office, data centres used 22% of the nation’s electricity last year – more than the combined consumption of all urban homes. By contrast, the United States and the United Kingdom each see data‑centre demand at roughly 6% of total electricity use. €715 million Drain and €360 Household Cost Spike (2015‑2023) €715 million has been extracted from the Irish economy as a net cost of data‑centre electricity demand. Average household bills rose by a cumulative €360 between 2015 and 2023. Modelling by Seán Fearon, post‑doctoral researcher at the Autonomous University of Barcelona, links the rise to increased hours where gas sets the system price. Ripple Effects on Irish Economy and European Energy Prices Jill McArdle of Beyond Fossil Fuels warns that Ireland’s experience is a warning sign for Europe: unchecked data‑centre growth can amplify energy‑price volatility, especially when combined with fossil‑gas dependence. Industry groups counter that data centres inject capital – €18 billion in recent years – and pay substantial corporate taxes, funding public infrastructure. Future Cost Trajectory: €295‑€644 per Household (2025‑2034) Fearon projects that, depending on growth rates, the average Irish household could incur an additional €295‑€644 in electricity costs over the 2025‑2034 decade, amounting to a national total between €633 million and €1.43 billion. Policy Outlook: Calls for EU Safeguards and Renewable Offsets Stakeholders urge the European Commission to tighten safeguards, ensuring new data centres are matched with renewable‑energy capacity. Without such measures, the sector could lock Europe into a “toxic mix” of high‑demand tech and volatile fossil‑gas pricing.

The Champions League Final Disappointment Mikel Arteta spoke of his heartache after a skied penalty from Gabriel Magalhães in the shootout against Paris Saint-Germain ended Arsenal’s hopes of being crowned European champions for the first time. Despite a strong performance, Arsenal were unable to secure the win, with PSG ultimately prevailing in the penalty shootout. Arteta's Post-Match Reaction Arteta was booked for his protests after Noni Madueke tangled with Nuno Mendes. He then watched David Raya pull off a brilliant save from Mendes in the shootout after Eberechi Eze had put his spot-kick wide. It came down to Arsenal’s fifth penalty from Gabriel and the Brazilian was inconsolable after sending his effort over the bar. The Emotional Toll of Defeat "Pain, that's it," said Arteta when asked to sum up his emotions. "When you are so close in the competition, and you are a few penalties away from winning the biggest club competition, that's the way we should feel." He added: "First of all you have to go through that pain, digest it, and turn it into fuel. To improve and to reach a different level, because it would demand a different level with the quality around Europe." The Referee's Controversial Decision Arteta was disappointed that the German referee, Daniel Siebert, decided against awarding a penalty when Madueke went down in the area under pressure from Mendes. "I watched all the penalties in the competition in the last 72 hours, but that easily can be a penalty," he said. "It is not what happened and that's it. We will have to improve to try and get a different outcome." The Future Outlook Declan Rice admitted coming so close was a difficult pill to swallow but backed Arsenal to bounce back. "We will try to take some perspective from how far we have come as a group," the England midfielder said. "Some of the best teams ever have lost on penalties in finals. It's cruel, but that's football. The manager has told us how much he loves us as a group. This is only the start for us."

The Decline of the European Green Wave European Green parties have entered a phase of stagnation and crisis, marking a sharp contrast to the 'green wave' that swept across the continent in 2019. While Green parties secured their best-ever result in the European parliament elections that year—winning 74 seats—they have since been forced out of nearly all governing coalitions. This period is characterized by a 'greenlash,' a growing public backlash against climate policies and green projects, leading to election results that have failed to meet expectations. The UK Green Party's Resurgence under Zack Polanski In stark contrast to the continental downturn, the Green Party of England and Wales has experienced a meteoric rise under its new leader, Zack Polanski. Since winning the leadership election in September 2025, the party has shifted its messaging strategy significantly. Polanski has moved away from environmental protection as the sole dominant theme, instead focusing on economic inequality, the cost of living, housing, and rent prices. The party has also adopted a clear stance on social issues, including condemnation of the genocide in Gaza and support for trans rights, positioning itself firmly against the Labour party on these fronts. Economic Inequality as a Driver of Support Data analysis of the UK elections reveals a critical shift in voter demographics. The party's strategy of emphasizing redistribution and social justice has proven highly effective. A report by Persuasion UK indicated that Green voters were equally likely to cite redistribution and taxes as their primary motivators as they were climate breakdown. Notably, the Greens have found a strong foothold among financially insecure voters. Among this demographic with liberal social attitudes, 47% voted for the Greens, compared to only 25% for Labour. This contrasts with many European Green parties, which traditionally rely on support from highly educated, financially secure voters. Beyond Left vs. Right: The Three Pillars of Success The UK model offers three distinct lessons for European parties seeking to reverse their fortunes: Emphasize Economic Inequality: Broadening the agenda to include redistributive policies does not damage credibility on climate issues; rather, it expands the electoral coalition. Hold Strong Positions on Social Issues: Taking a clear, unwavering stance on progressive identity politics (such as trans rights) creates space to discuss economic agendas without getting bogged down in culture wars. Embrace Progressive Identity Politics: The party has successfully become a home for activists and voters disillusioned with traditional party structures, engaging with nightlife and cultural spaces to build a grassroots movement. The Future Outlook: A Dominant Left-Wing Coalition? The perceived 'greenlash' has caused many European Green parties to become hesitant and moderate, watering down their demands. However, the UK experience suggests a different path: be bolder and clearer in messaging. Given the current weakness of many social democratic parties across Europe, there is a unique opportunity for Green parties to broaden their appeal. By adopting this strategy of economic focus and progressive identity, Green parties could potentially evolve from niche movements into the dominant left-of-centre force in European politics.