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Global markets were jolted on Thursday as oil prices skyrocketed and stocks sank following a televised address by Donald Trump, in which he vowed to take 'extremely hard' action against Iran in the coming weeks. This development has dashed investor hopes of a swift resolution to the conflict in the Middle East.Brent crude prices jumped by 8% to surpass $109 a barrel, reversing the previous day's decline when hopes of de-escalation had briefly pushed the international benchmark below $100 a barrel.Asian markets were particularly hard hit, with Japan's Nikkei index falling 2.4%, China's CSI 300 index dropping 1.36%, and South Korea's Kospi tumbling 4.8%. In Europe, Germany's Dax fell 2%, France's Cac 40 dropped 1.15%, and Italy's FTSE Mib was down 1.45%. The FTSE 100 in London initially opened 0.7% lower but later stabilized, buoyed by gains in fossil fuel companies BP and Shell, which rose 4.5% and 3.1% respectively.Government borrowing costs also increased, with the yield on 10-year UK gilts rising four basis points to 4.886% and the two-year UK bond yield rising six basis points to 4.36%, reflecting growing fears of inflation due to higher energy costs.Chris Beauchamp, chief market analyst at IG, noted that investors are betting on the impact of delayed oil supply deliveries from the Gulf, given Trump's failure to provide guidance on a potential end to the US-Israeli conflict with Iran. 'Instead of 'no more war', we got 'no, more war!', Beauchamp said, highlighting the market's concerns about hundreds of millions of barrels of oil that may not be delivered soon.The US dollar gained 0.6% against a basket of major currencies as investors sought safe-haven assets, pushing the pound down by almost a cent to $1.321. The market turmoil is already affecting consumers, with the Bank of England warning that 1.3 million more homeowners may see their mortgage payments rise due to financial shocks from the Iran conflict.Additionally, data from the RAC showed that petrol and diesel prices jumped by a record amount in March, with the average price of a litre of unleaded petrol rising by 20p to 152.83p by the end of the month, surpassing the previous monthly record.

Italy awoke on Wednesday in a state of anger and disbelief after the Azzurri were eliminated from the FIFA World Cup 2026 qualification by a 4-1 penalty shoot‑out defeat to Bosnia and Herzegovina, following a 1‑1 draw in regular time.The loss represents the third straight playoff elimination for Italy – previous setbacks came against Sweden and North Macedonia – and has revived what the front page of Corriere della Sera dubbed the "World Cup curse."Italian media, including La Gazzetta dello Sport and Corriere dello Sport, echoed the sentiment with headlines proclaiming “We’re all staying at home,” underscoring the depth of national disappointment.Key moments in the match included a red card for Alessandro Bastoni in the 42nd minute for a last‑man tackle, a turning point that shifted momentum despite Italy leading at the time.Fans expressed their shock and frustration: "Everything went badly from the start of the match. The team wasn’t good, players out of form… it makes no sense," said Davide Caldaretta, a spectator in a Rome pub, to Reuters.Melanie Cardillo, also speaking to Reuters, described herself as “really upset and disappointed,” adding that the repeated failures have eroded hope.Beyond football, Italy recently celebrated a record 30 medals at the Milan‑Cortina Winter Olympics and 40 medals at the 2024 Paris Summer Games, highlighting the country's broader sporting prowess, from speed skater Francesca Lollobrigida to tennis champion Jannik Sinner.Nevertheless, the football debacle prompted a political backlash. Sport Minister Andrea Abodi called on FIGC President Gabriele Gravina to resign, stating, "Italian football needs to be rebuilt from the ground up, starting with changes at the top of the FIGC."Gravina refused to step down, noting that a board meeting next week will determine his future. Tensions have risen between the government and the federation, with Gravina accusing the state of treating football as a "state sport" while favoring other disciplines.Former Prime Minister Matteo Renzi weighed in, calling the elimination “unfortunately not an April Fool’s joke” and emphasizing that football is integral to Italy’s cultural identity.In response to Gravina’s remarks, speed skater Francesca Lollobrigida posted sarcastically on Instagram, "I’m an amateur," underscoring the broader debate over responsibility for the missed qualification.As Italy prepares for the next board meeting, the nation faces a pivotal moment: whether to overhaul its football governance or continue grappling with a perceived "curse" that has kept the Azzurri out of the world stage for three consecutive cycles.

The countdown at Kennedy Space Center is in its final stages for the Artemis II launch, the first crewed lunar mission since 1972. NASA Associate Administrator Amit Kshatriya confirmed after a Monday management meeting that the mission is cleared for a Wednesday liftoff. Launch window: A two‑hour window opens at 6:24 pm (22:24 GMT) on Wednesday, with daily two‑hour windows remaining available until April 6. The launch can proceed only when the moon’s position, orbital trajectories, weather, and Earth’s rotation align safely. Weather outlook: Forecasts show an 80 % chance of favorable conditions, though cloud cover and high winds remain the primary concerns. The mission has already endured two major setbacks. In early February a liquid‑hydrogen leak forced a scrub, and in early March a helium‑flow issue in the upper stage halted a second attempt. NASA will stream the launch live on YouTube, where viewers can follow the vehicle from rollout to liftoff. Artemis programme overview: Artemis is NASA’s multidecade effort to return humans to the Moon, establish a sustainable presence near the lunar south pole, and eventually enable crewed missions to Mars. The program comprises five missions (Artemis I‑V). Artemis I, an uncrewed test in 2022, validated the Space Launch System (SLS) and Orion spacecraft, providing critical data for the current flight. Mission profile: Artemis II will not land; instead, its four‑person crew will perform a lunar flyby, looping around the far side before returning to Earth. The flight will test Orion’s life‑support, navigation, communications, and overall performance in deep space—conditions that cannot be fully replicated on the ground. Crew members: Reid Wiseman (Commander, 50) – veteran NASA astronaut and former ISS commander. Victor Glover (Pilot, 49) – U.S. Navy aviator, first Black astronaut assigned to a lunar mission, previously flew on SpaceX Crew‑1. Christina Koch (Mission Specialist, 47) – holds the record for the longest single spaceflight by a woman (328 days) and has extensive EVA experience. Jeremy Hansen (Mission Specialist, 50) – Canada’s first astronaut slated for a lunar mission, highlighting international collaboration. During the ten‑day journey the crew will evaluate spacecraft systems, conduct radiation and fire‑response drills, perform a suit‑pressurisation test, and carry out medical and scientific experiments while observing the lunar surface. Strategic importance: Artemis II is a stepping stone toward Artemis III (planned for 2027), which will test integrated operations with commercial landers, followed by Artemis IV (early 2028) – the first crewed lunar landing since Apollo 17 – and Artemis V (late 2028) aimed at establishing a lunar base. The program also reinforces U.S. leadership in space amid rising competition, notably from China.

India has initiated the world's largest national population count, a yearlong process involving over three million officials. This census, delayed by the COVID-19 pandemic, commenced on Wednesday and is set to conclude by March 31 next year. The data collected will be crucial in reshaping welfare programs and political representation across the country.Census workers will spend about a month collecting information from homes, documenting housing stock and living conditions. Information will be gathered through in-person surveys and online, allowing residents to use a smartphone application.A second phase of the counting will begin in September, during which more detailed information on people's social and economic characteristics, including religion and caste, will be surveyed. The caste system, an ancient social hierarchy in India, has been a contentious issue, with successive governments resisting a full caste count due to potential social tensions.The population data collected will underpin the distribution of government welfare programs and inform public policies. It may also lead to a redrawing of India's political map, with potential increases in seats in the lower house of parliament and state legislatures to reflect population growth. A 2023 law reserves one-third of legislative seats for women, so any expansion would raise the number of seats set aside for female representatives.The last detailed caste information was gathered in 1931 during British colonial rule. Since India's first census in 1951, only Dalits and Adivasis, members of marginalized groups, have been counted. The previous census in 2011 recorded a population of 1.21 billion, which has now grown to over 1.4 billion, making India the world's most populous nation, surpassing China in 2023.

President Donald Trump told allies that Tehran does not need to negotiate a settlement for the hostilities to cease, estimating the conflict could be over in two to three weeks. Iranian Foreign Minister Abbas Araghchi, however, dismissed any hope of talks, stating that Tehran has zero trust in Washington.US‑Israeli air raids persist across Iran, hitting key industrial and civilian targets such as steel factories in Isfahan and Farokhshahr, pharmaceutical facilities, port infrastructure, meteorological stations and a residential complex. Iranian state media and the Red Crescent reported explosions in cities including Ahvaz, Shiraz, Isfahan, Karaj, Kermanshah and Bandar Abbas.An Iranian official said the Tofigh Daru pharmaceutical raw‑material plant in Tehran was struck, crippling its research and development wing and delivering a "blow to the national medical supply chain." In Bandar Abbas, the Shahid Haqqani passenger pier was bombed, though officials claimed no casualties.A desalination plant on Qeshm Island, crucial for water supply in the Strait of Hormuz, was knocked out of service by the strikes.Analyst Trita Parsi warned that the war is unlikely to end swiftly and that the Strait of Hormuz will remain closed, noting that it will not be easy for President Trump to simply walk away from the conflict.Casualties have surpassed 2,000 Iranians, with numerous civilian sites—including hospitals, schools, universities and pharmaceutical factories—targeted, raising concerns of potential war‑crime violations.On the diplomatic front, Spain, France and Italy have begun curbing U.S. military operations by closing airspace, denying base access and limiting logistical support. Meanwhile, China and Pakistan have tabled a five‑point cease‑fire proposal that calls for reopening the Strait of Hormuz.Regional leaders are also active: Qatar’s Emir Sheikh Tamim bin Hamad Al Thani and UAE President Sheikh Mohamed bin Zayed Al Nahyan have convened to discuss the Iran war, while Argentina, under President Javier Milei, officially labeled Iran’s Islamic Revolutionary Guard Corps as a “terrorist” organization.Pope Francis (Leo XIV) appealed directly to President Trump, urging an end to the violence and expressing hope that the U.S. leader is moving toward a resolution.In the Gulf, Iranian drones have repeatedly struck Kuwait’s airport, forcing the closure of its airspace since late February; Saudi Arabia has stepped in to provide transport for affected passengers. Bahrain sounded air‑raid sirens, and Saudi forces reported intercepting two additional drones.A merchant vessel north of Doha suffered damage from an "unknown projectile," though the crew remained unharmed and no environmental harm was recorded.U.S. officials remain divided: while Trump predicts a rapid end, Defense Secretary Pete Hegseth warned that the United States is "negotiating with bombs" and that the coming days are decisive. The war’s uncertainty has pushed oil prices higher, prompting U.S. Senator Chris Coons to warn that American families face rising grocery, utility and mortgage costs.Israel continues to face coordinated attacks from Iran and Hezbollah, with missile and drone incursions reported across northern and central regions. Despite these threats, Prime Minister Benjamin Netanyahu asserted that Iran’s regional allies no longer pose an "existential threat," yet Israel plans to maintain its offensive, including operations in Lebanon.In Lebanon, Israeli ground advances and heavy bombardments have resulted in over 1,200 deaths and displaced roughly 1.2 million people since early March. Iraqi militia Kata’ib Sayyid al‑Shuhada warned that any U.S. ground incursion into Iran via Kuwait could trigger an all‑out war.

Graham Potter arrived in Stockholm with a bruised résumé – dismissed from Chelsea and West Ham – only to inherit a Swedish side that had languished at the bottom of their qualifying group.Against the odds, the duo have now clinched a place at the 2026 FIFA World Cup, thanks to a dramatic playoff victory over Poland that Potter described as “the best night I’ve had in football”.The story reads like a script: a manager dismissed twice in quick succession, a national team rescued by the repechage mechanism of the Nations League, and a last‑minute strike from striker Viktor Gyökeres that sealed the win.Sweden’s qualifying record was bleak – two draws and four defeats in six matches, leaving them behind Switzerland, Kosovo and Slovenia. The team’s fortunes changed only after the Nations League granted a second‑chance pathway for the four best group winners who had not qualified directly.The system, designed to give emerging nations a shortcut past the coefficient hurdle, unintentionally benefited Sweden. After being relegated to League C in 2022‑23, they topped their 2024‑25 group ahead of Slovakia, Estonia and Azerbaijan, earning a spot in the World Cup playoffs.Potter acknowledged the luck of the draw but emphasized that Sweden made the most of the opportunity, turning a “darkest hour” into a dawn of redemption.When Potter took over, the squad was plagued by injuries and a three‑game winless streak. His own career had stalled after a brief, high‑profile stint at Chelsea – highlighted by a Champions League win over Borussia Dortmund – and an unfulfilling spell at West Ham.Sweden’s early results under Potter were mixed: a 4‑1 loss to Switzerland and a 1‑1 draw with Slovenia. However, decisive victories over Ukraine and then Poland in the playoffs propelled them to Qatar.Fans in Stockholm now regard Potter with near‑heroic reverence, recalling his earlier triumphs with Östersund, where he guided the modest club from a 50,000‑person town to three promotions and a Swedish Cup win.During the post‑match press conference, Potter brought his children – decked in Swedish kits – to the front row, describing Gyökeres’s late winner as an “out‑of‑body experience”. Yet he remained modest, crediting the staff and the collective effort of the squad.“We stripped everything back to the basics, got the team together and let the talent speak,” Potter said. “It’s a team game – individual brilliance only shines when the whole unit clicks.”Poland may question how two playoff wins outweigh six qualifying matches, but the narrative underscores the power of redemption in sport. Potter summed it up: “My career has had amazing nights, but reaching the World Cup – wow, this is incredible.”

Chelsea Football Club has reported a staggering £262.4m pre-tax loss for the 2024-25 season, shattering the previous English football record held by Manchester City. The substantial loss is primarily attributed to increased operating costs compared to the previous season. The club's financial report reveals a significant downturn from the £128.4m profit recorded in the 2023-24 season, which was largely bolstered by the sale of Chelsea's women's team for nearly £200m. In contrast, Chelsea's latest financial statements reflect a challenging period for the club. According to a UEFA report, Chelsea's losses for the 2024-25 season were even higher, estimated at €407m (£355m). However, club sources indicate that these figures are influenced by differing reporting requirements in European football. In addition to the financial loss, Chelsea disclosed that they had spent £65.1m on agents' fees, the highest in the Premier League, with Aston Villa being the next biggest spenders at £38.4m. The total spend on agents' fees across English top-flight clubs rose by 13% to £460.3m. Despite the record loss, Chelsea assured compliance with the Premier League's profitability and sustainability rules (PSR), which permit maximum losses of £105m over three years, with certain expenditures like infrastructure and youth development being 'added back.' Chelsea reported revenue of £490.9m, the second-highest on record for the club, including earnings from their participation in the Club World Cup. The club is forecasting revenue of over £700m for the 2025-26 season. Sources close to Chelsea express confidence in their financial structuring and anticipate compliance with all regulatory requirements, including UEFA's football earnings rule, following a €20m fine for previous breaches.

Liverpool head coach Arne Slot has hailed Mohamed Salah as a club legend ahead of his departure at the end of the season. Salah announced his exit last week, and Slot believes he will leave the club a legend.Salah's professionalism and commitment to the club have impressed Slot, who highlighted his hunger to prove himself every three days. Slot expressed his hope that Salah can make his legacy even more special in the upcoming weeks and months.The pair appear to have patched up their differences, which had led to tensions earlier in the season. Slot is looking forward to Salah signing off with a flourish, and he encouraged supporters to give him a great farewell.In other news, Liverpool's bid for Champions League qualification has been boosted by the news that Alexander Isak is set to return to training on Thursday after more than three months out with a broken leg. The £125m British-record signing could make the squad for next week's European away leg in Paris.Slot expressed his excitement about having Isak back, citing his incredible abilities as a striker and the team's ability to generate chances. While Isak may not start immediately, Slot believes his return will be very helpful for the team in the last two months of the season.

The author spent a month testing Meta's smartglasses, which feature an integrated AI assistant voiced by Judi Dench. The glasses can take photos, provide directions, and answer questions, but the author found them to be unreliable and frustrating to use.The glasses raise significant privacy concerns, with the author noting that they can be used for covert recording and that people may not be aware when they are being filmed. The author also experienced creepy feelings while wearing the glasses, particularly when they were used to record strangers without their consent.The author concludes that while smartglasses have the potential to be useful assistive technology for people with disabilities, they are not yet reliable or functional enough to be widely adopted. The author also notes that Meta's plans for facial recognition and data collection raise significant concerns about privacy and surveillance.Experts warn that smartglasses may become a flashpoint in a bigger, existential discussion about how much integration we want with technology, and that regulation is needed to protect bystanders' privacy. The author ultimately decides that the glasses are not worth the risks and drawbacks, and that people should think carefully before adopting this technology.