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Sports May 11, 2026

Premier League Blocks VAR Expansion: Clubs Reject Corner and Card Review Powers

The Premier League is set to block the implementation of expanded VAR powers for the upcoming seaso…
The Strategic Rejection of VAR ExpansionThe Premier League is set to block the implementation of expanded VAR powers for the upcoming season, signaling a decisive shift in how the league manages the technology. After discussions with the refereeing body PGMO, the league's clubs are preparing to reject the new regulation approved by the International Football Association Board (Ifab) in February. This decision comes despite the technology being permitted to rule on the award of corners and second yellow cards, a move initially requested by FIFA for the World Cup.Operational and Broadcast ConcernsThe primary driver behind this rejection is the potential impact on the game's flow and the broadcast experience. PGMO has advised against extending VAR's scope, citing significant concerns that reviewing corners and bookings could drastically increase match duration. This is viewed as a critical risk to the league's relationship with its broadcast partners, who prioritize a seamless viewing experience over perfect officiating in every instance.PGMO Guidance: The refereeing body explicitly advised against the change due to the burden it places on officials.Match Length: Prolonged games risk alienating fans and broadcasters.Club Appetite: There is little desire among clubs to add to VAR's responsibilities.FIFA's World Cup Mandate vs. League RealityWhile the Premier League prioritizes efficiency, FIFA is pushing for stricter officiating, particularly for the World Cup. Chair of FIFA's referees committee Pierluigi Collina and President Gianni Infantino have expressed concern that an incorrect corner decision could be decisive in knockout stages. However, the Premier League argues that the stakes differ from a 38-match season, where a single corner is statistically less likely to determine the final outcome compared to a single World Cup knockout game.Looking Ahead: The Grappling ProblemDespite rejecting the new powers, the league acknowledges the need for reform in specific areas. Ifab is expected to discuss the issue of grappling at corners after the World Cup, a problem that has been particularly pronounced this season. The focus will likely remain on on-field management rather than further technological intervention for the time being.
#Premier League #VAR #FIFA
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Sports May 11, 2026

Hearts vs Celtic: Scotland’s Most Thrilling Title Race in Decades

The Scottish Premiership’s split‑format has produced a rare showdown between Hearts and Celtic, wit…
Lead: A Historic Title Duel Unfolds in ScotlandFor the first time in decades the Scottish Premiership title race has become a genuine contest between Hearts and Celtic, with both clubs within striking distance of the championship as the season enters its decisive week.The Split‑Format Fuels a Nail‑Biting FinishThe league’s 12‑team structure splits into two groups of six for the final five matches, meaning each side now faces direct rivals in a high‑stakes mini‑league. This format, previously criticised for lacking excitement, is delivering four Old Firm derbies and a credible challenge from Hearts, who have led the table all season.Numbers That Define the RaceHearts won 8 of their first 9 league games, propelling them to the top.The club is two games away from clinching the title, the closest they have been since 1985 (66 years).The split creates a “group of six” for the final five fixtures, intensifying head‑to‑head clashes.Both Hearts and Celtic need just two wins to secure the championship.Why This Contest Reshapes Scottish FootballThe emergence of Hearts under minority owner Tony Bloom and the data‑driven recruitment of Jamestown Analytics challenges the long‑standing Old Firm dominance. Meanwhile, Celtic’s turbulent season—multiple managerial changes, the resignation of chair Peter Lawwell, and fan protests—highlights structural issues even a squad deemed “the strongest in the country” cannot ignore.What Comes Next: Scenarios for the Final WeekHearts host Falkirk with a win potentially enough to crown them champions if Motherwell defeat Celtic the same night. If results stay level, the title will be decided in a head‑to‑head showdown at Celtic Park on the final Saturday, where Celtic enjoy home advantage but Hearts have a recent unbeaten record against the defending champions.
#Hearts #Celtic #Scottish Premiership
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Environment May 11, 2026

Norway's UN Funding Pause Threatens Global Plastic Treaty Negotiations

Norway, the largest donor to the UN Environment Programme, has paused funding before a budget revie…
The Lead: Norway's Funding Pause Creates Uncertainty for Global Environmental EffortsThe largest donor to the United Nations Environment Programme (Unep) has paused funding to the body before its revised budget on 12 May, triggering concern among member states and NGOs. The news carries significant implications for the already troubled plastic treaty negotiations being overseen by Unep, which have struggled to reach agreement since 2022.The Event Details: Norway's Financial Support to UnepUnep's executive director, Inger Andersen, met the director general of the Norwegian Agency for Development Cooperation (Norad) the week before last and was told that "all [funding] agreements are on hold" pending budget decisions, according to sources.Norway has been the largest overall donor to Unep in recent years, contributing approximately $12m (£9m) annually to the fund over the three years to 2025. Norway also contributed $19m in 2025 to the Planetary Fund and another $7.8m in earmarked funds in 2025, meaning that even a pause introduces significant uncertainty for future functioning of the global environment agency with the wider UN already facing severe financial pressure.In addition, the Guardian has obtained an email sent to NGOs by Norad advising them that it was postponing a funding call aimed at projects to combat plastic pollution in developing countries. The programme is valued at £4m-£6m a year and, according to Norad, the funding can be used for projects that support countries in the plastic treaty process.The Data Analysis: Financial Impact of Norway's Funding PauseNorway's financial contributions to environmental initiatives are substantial:Approximately $12m (£9m) annually to Unep's fund (2023-2025)$19m contributed to the Planetary Fund in 2025$7.8m in earmarked funds in 2025£4m-£6m annually for projects to combat plastic pollution in developing countriesPotential £79m commitment between 2025 and 2028 as previously announcedThese figures represent a significant portion of Unep's operational budget and the specific funding needed to support developing countries in the plastic treaty process.The Impact Analysis: Implications for Global Plastic Treaty NegotiationsNorway is the co-leader with Rwanda of the high-ambition coalition at the plastic treaty negotiations. The coalition says it is working for an "ambitious" and legally binding instrument on the "full life cycle of plastics". This stands in contrast to a small group of petrostates, who are widely seen as blocking moves to put a cap on plastic production.Christina Dixon, ocean campaign leader at the Environmental Investigation Agency, emphasized the timing: "Any risk to funding could not come at a worse time for the negotiations … sustained funding would reinforce Norway's longstanding leadership toward an ambitious plastics treaty."Karen Landmark, managing director at GRID-Arendal, a Norwegian environmental foundation that works closely with Unep, expressed concern that the funding pause could "give other countries an excuse to lower their level of ambition." She added: "For years, Norway has played a clear and constructive leadership role in pushing for a strong global plastics treaty. When a country in that position signals hesitation or withdraws support, the consequences can extend far beyond its own borders."The Prediction: Future Outlook for Environmental DiplomacyThe plastic treaty negotiations have faced significant challenges, with the chair of the process resigning suddenly last year after talks collapsed with little progress following three years of negotiations. A new chair was elected this year, with negotiations expected to resume in early 2027.Norway's reassessment of Unep funding comes amid a shifting domestic political and economic debate over climate and environmental spending. The country is governed by the centre-left Labour party, which has continued to position Norway internationally as a supporter of climate diplomacy, rainforest protection and efforts to negotiate a global plastics treaty.Per Fredrik Pharo, head of Norad's department for climate and nature, indicated that the assessment process for future cooperation will be finished in mid-2026. However, the vague language surrounding Norway's continued commitment to combating plastic pollution has raised concerns among environmental organizations about the future of these critical initiatives.
#Norway #United Nations #Plastic Pollution
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Economy May 11, 2026

Senate Poised to Confirm Warsh as Federal Reserve Chair Amid Political Pressure

The US Senate is expected to confirm Kevin Warsh as the next Federal Reserve chair, despite concern…
The Lead: Warsh Confirmation Signals New Era for Federal ReserveThe US Senate is expected to confirm Kevin Warsh this week as chair of the Federal Reserve, as Donald Trump continues his campaign to influence the world's most important central bank. The Fed's influence over the economy spans from the job market to mortgage rates, and its every move is carefully scrutinized by investors on Wall Street.The Event Details: Warsh's Background and Political AlignmentWarsh served on the Fed's board as a governor from 2006 to 2011 and developed a reputation as a so-called "inflation hawk" during the 2008 recession crisis – advocating for higher interest rates to mitigate rising prices. However, since Trump started his second term, Warsh publicly aligned himself with the president's stance that interest rates are now too high. In a Wall Street Journal op-ed last November, Warsh called the Fed's leadership "broken" and called the bank "an institution whose reach has extended far beyond its grasp."The Political Battle: Trump's Assault on Fed IndependenceThe vote is expected to be split along party lines. Democrats criticize Warsh for being Trump's "sock puppet" at a time when the president has pushed past the typical boundaries between the White House and the nonpartisan Fed. Trump's battle with the Fed culminated in a criminal investigation against the outgoing Fed chair, Jerome Powell. Trump accused Powell of fraud over renovations at the Fed's headquarters that went over budget.The Impact Analysis: Central Bank Independence at RiskWarsh told the Senate that he will be an "independent actor" as Fed chair, but resisting pressure from the White House will be difficult amid the legal assault Trump has foisted upon the central bank for going against his wishes. When pushed by Democrats in Congress, Warsh refused to answer whether Trump had lost the 2020 election. Though the justice department ended its investigation after a Republican senator said he would hold up Warsh's nomination, Powell announced last month that he would stay on the Fed's board as a governor until any inquiry into the renovations are "well and truly over with transparency and finality."The Prediction: Future of Monetary Policy Under WarshIn his last press conference as chair, Powell noted that Warsh testified that he will withstand political pressure from Trump and that he will "take him at his word". But the outgoing Fed chair also made some of his most pointed remarks to date about the current risk to Fed's independence, which is crucial for the health of the economy. "The institution is being battered over these things. We're having to resort to the courts to enforce our ... ability to make monetary policy without political considerations," Powell said. "I'd like to think we can get out of that era and go back to respecting what the law says and what custom has been."
#Kevin Warsh #Federal Reserve #Donald Trump
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Sports May 11, 2026

Ollie Peake Set for Australia Debut on Pakistan Tour

Teenage prodigy Ollie Peake and all-rounder Liam Scott have been named in Australia's white-ball sq…
The Rise of Ollie Peake Up-and-coming 19-year-old batter Ollie Peake and all-rounder Liam Scott have been given their first call-ups to Australia’s white-ball squads, but veteran T20 all-rounder Glenn Maxwell was left out. Australia's Tour Schedule Australia will play three one-day internationals against Pakistan in Rawalpindi and Lahore from 30 May before travelling to Bangladesh in June for three ODIs in Dhaka and three T20s in Chattogram. The Impact of Key Player Absences ODI captain Pat Cummins and fellow fast bowlers Josh Hazlewood and Mitchell Starc will miss the tours to rest after playing in the IPL. Twenty20 skipper Mitchell Marsh will captain the ODI team in Cummins’s absence. New Faces in the Squad Peake, who has captained Australia Under-19s, will be blooded at senior level for the first time on the Pakistan leg of the tour. The 25-year-old Scott was named in the ODI squads. Left-arm spinning all-rounder Joel Davies, 22, was named in the T20 squad for the first time. Squad Listings Australia squad for Pakistan ODIs: Mitchell Marsh (captain), Alex Carey, Nathan Ellis, Cameron Green, Josh Inglis, Matthew Kuhnemann, Marnus Labuschagne, Riley Meredith, Oliver Peake, Matthew Renshaw, Tanveer Sangha, Liam Scott, Matt Short, Billy Stanlake, Adam Zampa Australia squad for Bangladesh ODIs: Mitchell Marsh (captain), Xavier Bartlett, Alex Carey, Cooper Connolly, Ben Dwarshuis, Nathan Ellis, Cameron Green, Travis Head, Josh Inglis, Matthew Kuhnemann, Marnus Labuschagne, Matthew Renshaw, Tanveer Sangha, Liam Scott, Adam Zampa Australia squad for Bangladesh T20s: Mitchell Marsh (captain), Xavier Bartlett, Cooper Connolly, Tim David, Joel Davies, Nathan Ellis, Cameron Green, Aaron Hardie, Travis Head, Josh Inglis, Spencer Johnson, Matthew Kuhnemann, Riley Meredith, Josh Philippe, Matthew Renshaw, Adam Zampa The Future of Australian Cricket “It’s always exciting to see new players get an opportunity to play international cricket and be a part of the national team,” national selection chair George Bailey said. “The blend of experienced players coupled with new or returning players will provide a nice mix for these subcontinent tours.”
#Ollie Peake #Australia Cricket #Pakistan Tour
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Sports May 10, 2026

Championship Clubs Alarmed as Southampton Faces Spying Charge

Championship sides, led by Middlesbrough, claim that Southampton filmed their pre‑match training ah…
Spying Allegations Rock Championship Playoff PreparationsThe English Football League has charged Southampton with misconduct after a club analyst allegedly filmed and recorded a pre‑match training session of Middlesbrough ahead of their playoff semi‑final first leg at the Riverside Stadium. Kim Hellberg, Middlesbrough’s head coach, says the club possesses strong CCTV evidence and that other Championship teams are reviewing any footage they can obtain.Financial Stakes Behind the ScandalThe playoff final offers an estimated £220m in additional revenue for the winner who secures promotion to the Premier League. Hellberg argues that a fine would be insufficient punishment for a club found guilty of spying, given the massive financial incentive at stake.Potential promotion revenue: £220mPrevious fines for similar offences: £200,000 (Leeds United, 2019)New EFL regulation allows fines, point deductions, or expulsion.League‑Wide Repercussions and New Anti‑Spying RulesThe case revives past scandals, including the 2024 Canada Women’s team ban and the 2019 Leeds United incident, prompting the EFL to introduce a specific anti‑spying rule. The upcoming independent disciplinary commission, chaired by a lawyer, will decide whether Southampton faces a fine, points deduction, or harsher sanction.What Comes Next for Southampton and the EFL?Southampton has pledged full cooperation but will not contest the charge, possibly framing the alleged analyst as an “intern acting alone.” The outcome will set a precedent for how the EFL polices competitive intelligence, and could influence how clubs safeguard training‑ground privacy in future seasons.
#Southampton #Middlesbrough #Championship
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Business May 10, 2026

Mike Ashley Admits to Arranging Surveillance Footage That Brought Down JD Sports Chair

Mike Ashley, founder of Sports Direct, has admitted to arranging surveillance footage that led to t…
The Admittance of Mike Ashley Mike Ashley, the billionaire founder of Sports Direct, has admitted to arranging surveillance footage that brought down his rival Peter Cowgill, the former JD Sports chair. In an interview with the Financial Times, Ashley said he was not "hiding from the fact" that he wanted to topple Cowgill. The Surveillance Footage The footage, which was seen by the Sunday Times, was secretly filmed in 2021 in a car talking with the Footasylum boss Barry Bown. JD Sports was in the process of acquiring the trainer retailer at the time and the two companies were not allowed to share commercially sensitive information. The footage triggered a regulatory investigation and ultimately led to fines of almost £5m from the competition watchdog and Cowgill being ousted from JD Sports. The Impact on JD Sports Cowgill suggested to the Sunday Times that the footage had been recorded on behalf of a "key competitor" and that he was concerned that they had been able "to go to those lengths". Ashley told the FT that most of the conflicts in his career had been driven by his beliefs around fairness. The Future of Frasers Group Ashley is one of the most prominent and unorthodox figures on the UK high street. He is worth more than £3bn, according to the Sunday Times rich list. He stepped down as chief executive of Frasers Group, formerly Sports Direct, in 2022 but still retains a 73% stake in the company that he built up from a single sports store in Maidenhead, England, in 1982 with £10,000 from his parents.
#Mike Ashley #JD Sports #Peter Cowgill
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Business May 10, 2026

Advisers Urge JP Morgan Investors to Split Chair and CEO Roles

Investors in JP Morgan have been urged to vote in favour of splitting the role of chief executive a…
The Lead Investors in JP Morgan have been urged to vote in favour of splitting the role of chief executive and chair at America’s largest bank, amid concerns over the power wielded by its billionaire boss Jamie Dimon. The Proxy Advisers' Stance ISS and Glass Lewis, which issue advice to some of the world’s biggest fund managers on how to vote at annual investor meetings, have thrown their weight behind a shareholder resolution that would ensure two separate people hold the office of chair and chief executive “as soon as possible”. Investors are due to vote on the resolution at the bank’s annual general meeting on 19 May. The Data Analysis Dimon, who is worth an estimated $2.6bn (£1.9bn), has held the dual role for two decades. Holding the two most senior roles in a company is widely frowned upon in corporate governance circles, particularly in Europe, but not banned. The Impact Analysis “The size and complexity of JP Morgan suggests that it is difficult for any one person to run both the company and the board,” ISS said in its shareholder report. “The board is responsible for overseeing management and instilling accountability, and conflicts of interest may arise when one person holds both the chairman and CEO positions, thereby leading both the management team and the board which oversees it.” The Prediction The guidance has put the proxy advisers on a collision course with Dimon, who has held the chief executive and chair roles at JP Morgan since 2005 and 2006, respectively. The battle has also made its way to the White House. Trump in December signed an executive order aimed at reining in Glass Lewis and ISS, which he claimed were using their power “to advance and prioritise radical politically motivated agendas”.
#JP Morgan #Jamie Dimon #Corporate Governance
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Politics May 10, 2026

Europe's Defense Renaissance: Building Sovereign Weapons for a New Era

Europe is racing to build low-cost weapons and enhance defense sovereignty amid geopolitical tensio…
The Lead: Europe's Defense AwakeningIn a small workshop in England's East Midlands, engineers at the British startup Skycutter are designing weapons for Ukraine. The swarms of cheap, deadly and often autonomous drones deployed in that war have already changed combat completely, forcing European militaries to scramble to catch up in a drive to spend billions on weaponry. This push comes with added pressure from Donald Trump's wavering on the Nato alliance and the US president's insistence that members increase defence budgets.The New Arms Race: Survivable vs. Attritable WeaponsMilitaries do not believe they can totally dispense with people or heavier machinery such as tanks, artillery and ships. But a big chunk of the planned spending will go on drones of various sizes, whether for the air, land, sea or below the waves. Gen Sir Roly Walker, the UK's chief of the general staff, last year said he wanted the forces' equipment to be 20% "survivable" (because they have people inside), 40% "attritable" (you aren't too worried if they're destroyed), and 40% "consumable" (single use).The growing feeling across Europe is that "we should be able to stand up on our own two feet," according to one person at a fast-growing weapons startup. "Sovereignty is about control. If you buy things off the shelf from elsewhere you are always ceding some control." That applies to parts and materials as well. The UK is consulting on how much needs to come from Britain for a product to be sovereign. Manufacturers cannot necessarily rely on parts and materials from various countries who could become adversaries – notably China.The Financial Surge: €800 Billion and CountingThe EU has responded by promising to spend €800bn on defence over four years. The UK has also pledged to put aside more, with Keir Starmer likely to come under pressure to show progress after Labour's heavy losses in recent elections. A crop of well-funded startups are gaining momentum and expanding production, making big promises – many still unproven – that they can do a better job than traditional manufacturers and Silicon Valley rivals.European defence tech unicorns include Helsing, a German company backed by the Spotify founder Daniel Ek, and the German drone makers Quantum Systems and Stark Defence. Stark and Helsing recently won orders from Germany's military for attack drones, while all but Quantum are investing in UK factories. The British missile maker Cambridge Aerospace – controversially chaired by the former defence secretary Grant Shapps – is reportedly also close to joining the billion-dollar ranks.Geopolitical Shifts: Redefining European Defence PostureThe unsettling combination of Trump and war on the doorstep has sharpened long-running criticism that the continent has relied too much on US weapons makers. "A lot of supply chain diversification dreams have evaporated," says Kusti Salm, a former Estonian defence mandarin turned chief executive of the anti-drone missile startup Frankenburg. "I think it's natural if Europe wants to sustain its prosperity and freedom."Ricardo Mendes, chief executive of the drone maker Tekever, says the advent of unmanned aerial vehicles has prompted "a radical transformation in how defence technology is built", with companies betting on future demand for kit rather than locking in long-term contracts before starting. Tekever, which Mendes co-founded in Portugal in 2001, reached a billion-dollar "unicorn" valuation last year, and has 1,200 people, including new factories in the UK's drone cluster in Swindon, Wiltshire, and another in Cahors, south-west France.The Future Outlook: European Defence Innovation EcosystemUS rival unicorns include the drone maker Shield AI, the autonomous boat company Saronic Technologies, and the anti-drone weapons company Epirus. But two companies with names taken from JRR Tolkien's Lord of the Rings lead the American pack: the software company Palantir and the autonomous weapons maker Anduril. Both are making significant inroads into Europe, particularly the UK, but that expansion is coming under scrutiny as European politicians balk at their stridently pro-Trump backers.Palantir was backed by the billionaire Trump donor Peter Thiel. Thiel, a vocal critic of liberal democracies, has also backed Stark, which has raised concerns in Germany, though Stark says Thiel has no direct operational or strategic influence. Palantir's chief executive, Alex Karp, has repeatedly extolled American dominance, while Anduril is run by 33-year-old Palmer Luckey, who has personally hosted a Trump fundraiser and has cultivated close ties with the administration.As Europe pours billions into defense technology and sovereignty, the landscape of global defense manufacturing is being reshaped. The coming years will determine whether European startups can deliver on their promises and establish a sustainable defense ecosystem independent of traditional suppliers and geopolitical dependencies.
#Europe Defence #NATO #Drone Technology
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