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World Economy Apr 02, 2026

Chris Rokos gifts record £190 million to Cambridge, creating UK's largest university endowment and spotlighting hedge‑fund billionaire’s philanthropic surge

Hedge‑fund founder Chris Rokos has pledged a historic £190 million to the University of Cambridge f…
When billionaire hedge‑fund manager Chris Rokos announced a £190 million contribution to the University of Cambridge, the move instantly became the largest single donation to any UK university in modern history. The funds will establish a new “school of government” aimed at bridging policy, science and emerging technologies. Rokos, a 55‑year‑old Oxford graduate, has amassed an estimated £2.6 billion fortune, primarily through his firm Rokos Capital Management (RCM), which he founded in 2015 after a high‑profile stint at Brevan Howard. RCM now oversees **over £22 billion** in assets, employs roughly 350 staff, and operates from offices in London, New York, Singapore and Abu Dhabi. In the most recent fiscal year ending March, Rokos paid himself nearly £500 million, according to Companies House filings, reflecting the firm’s strong performance amid volatile markets. Beyond finance, Rokos has kept a remarkably low public profile. He famously declined to provide a photograph when launching a £500 million fund in 2007, and he has avoided media attention despite owning one of England’s most expensive private residences. The £175 million refurbishment of the Grade I‑listed Tottenham House in Wiltshire – featuring a tennis pavilion, private cinema, basement squash court and a proposed “subterranean family link” to a pool house – has drawn local council scrutiny but stands as a tangible testament to his wealth. Rokos’s career trajectory began in banking at UBS and Goldman Sachs, moving to Credit Suisse where he was recruited by Alan Howard. He later joined the founding team of Brevan Howard in 2002, generating roughly $4 billion (≈£3 billion) in investor profits and about £600 million for himself before departing in 2012. His philanthropic philosophy emphasizes diversity of thought. In a video released by Cambridge, Rokos warned that a school populated only by “centrist, socially liberal” voices would be a failure, insisting on a broad spectrum of intellectual viewpoints. Earlier this year, RCM’s exploratory talks to bring former UK business secretary Peter Mandelson onto its advisory board collapsed after revelations about Mandelson’s connections to the late Jeffrey Epstein. Rokos also ranks among the UK’s biggest taxpayers and maintains a family office in Mayfair. A lingering legal dispute over a five‑year non‑compete clause with a former employer was settled out of court, clearing the way for his current venture. Overall, the record‑breaking Cambridge donation not only reshapes the university’s academic landscape but also underscores how hedge‑fund wealth is increasingly channeled into high‑impact philanthropy, blurring the lines between finance, education and public policy.
#rokos #university #school
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Sports Apr 02, 2026

Arsenal hit by unprecedented injury wave as international break looms over FA Cup and Champions League fixtures

Arsenal manager Mikel Arteta faces a historic spate of international withdrawals, with eleven playe…
When asked before Arsenal’s win over Everton how the upcoming international break might affect his squad, Mikel Arteta stressed the club’s “good communication” with national team coaches and promised to make “the right decisions” after assessing each player’s condition. That cautious optimism was quickly shattered. Following the Carabao Cup final loss to Manchester City, a cascade of withdrawals began. William Saliba pulled out of France’s squad with a left‑ankle injury, and Jurriën Timber missed the Netherlands call‑up due to a lingering groin problem. Within 24 hours, Gabriel Magalhães (Brazil) and Leandro Trossard (Belgium) also withdrew, while Eberechi Eze was forced out of England duty because of a calf strain that kept him out of the cup final. Captain Martin Ødegaard, still recovering from a previous ankle‑ligament injury sustained on international duty, did not feature in the final and subsequently withdrew from Norway’s squad. Arsenal’s injury list continued to grow on Friday when Noni Maduke (England) and Piero Hincapié (Ecuador) limped out of their respective friendlies. Both are doubtful for the FA Cup clash with Southampton at St Mary’s, though the club hopes they may return sooner. Mid‑week, Martín Zubimendi became the eleventh Arsenal player to pull out of an international roster, citing pain in his left knee. The Spain midfielder has logged more Premier League minutes than any Arsenal player this season, edging out Declan Rice and Jurriën Timber. Despite the setbacks, Viktor Gyökeres showed full commitment to Sweden, scoring a hat‑trick in the play‑off against Ukraine and later netting the decisive goal against Poland. By contrast, Riccardo Calafiori returns to London after Italy’s 120‑minute defeat to Bosnia and Herzegovina, a match that highlighted Italy’s ongoing World Cup qualification woes. Arteta’s dilemma mirrors the challenges faced by Sir Alex Ferguson in the early 2000s, when the Manchester United legend famously limited his players’ international minutes. The modern Arsenal squad, arguably one of the deepest in Premier League history, now faces a delicate balancing act: preserving player fitness while competing on three fronts – the league, the FA Cup, and the Champions League quarter‑final against Sporting Lisbon next week in Portugal. With the club already having contested over 50 matches this season and potentially adding another 15 if they reach both cup finals, the psychological impact of another major‑trophy loss could be significant. Arteta will need his remaining fit players to step up and deliver, or risk seeing the season’s ambitions slip away.
#Arsenal #Mikel Arteta #FA Cup
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Politics Apr 02, 2026

India Embarks on Historic Census: Caste Enumeration Sparks Controversy

India has begun its largest-ever census, a $1.24 billion exercise that will survey 1.4 billion peop…
India has launched the world's largest census, a monumental task that involves surveying over 1.4 billion people across the country's 28 states and eight union territories. The $1.24 billion exercise, which began on Wednesday, will take place over the next year, with more than three million officials collecting data on household composition, living conditions, and access to basic amenities.The census will be conducted in two phases. The first phase, known as the House Listing and Housing Census, will focus on gathering information on household characteristics, while the second phase will involve population enumeration and socioeconomic details, including caste enumeration for the first time since 1931.The inclusion of caste enumeration has sparked controversy, with some arguing that it will help address social and economic disparities, while others fear it will exacerbate existing divisions. Prime Minister Narendra Modi's government had initially resisted including caste questions, citing concerns about creating further social divisions.The census is crucial for policy planning and resource allocation, as it provides insights into demographic trends, housing conditions, and welfare amenities. However, experts have raised concerns about the delay in conducting the census, which has left significant data gaps and may impact the accuracy of surveys and policy decisions.There are also worries about how the census data will be used, particularly in light of the government's plans to implement a National Register of Citizens (NRC) and the Citizenship Amendment Act (CAA), which have been criticized for potentially targeting Muslims and other marginalized groups.Despite these concerns, experts argue that the census is essential for understanding India's complex social dynamics and addressing the needs of its diverse population. Dipa Sinha, a development economist, emphasized that the census data will help governments plan policies and citizens claim their rights.The census is expected to conclude by March 31 next year, with the government facing pressure to ensure transparency and credibility in the data collection process.
#India #Caste enumeration #Ministry of Home Affairs
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Politics Apr 02, 2026

Iran Claims US‑Backed Assaults on Its Universities Amid Expanding Conflict

Iran’s Islamic Revolutionary Guard Corps has warned U.S. campuses in neighboring countries after tw…
The conflict between the United States, Israel and Iran is now spilling onto academic grounds. The Islamic Revolutionary Guard Corps (IRGC) publicly warned U.S. universities in nearby nations following weekend attacks on two Iranian campuses.According to Tehran‑based sources, at least 21 Iranian universities have sustained damage since the war erupted. The targeting of educational institutions marks a troubling escalation, raising questions about the strategic value of universities in modern warfare.In a recent podcast episode, Setareh Sadeqi, an assistant professor at the University of Tehran, discusses the motivations behind these strikes and the broader implications for Iran’s higher‑education sector. The program, produced by Al Jazeera’s AJ E Podcasts team, also explores how the “war on Iran” is extending beyond traditional battlefields into classrooms and research labs.Key takeaways include the IRGC’s threat to retaliate against U.S. institutions, the potential impact on international academic collaborations, and the symbolic message that disrupting knowledge hubs can weaken a nation’s resilience.Listeners can follow the discussion on X, Instagram, Facebook, or YouTube via @AJEPodcasts.
#Islamic Revolutionary Guard Corps #United States #Israel
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News Apr 01, 2026

Iran's Drone Attacks Spark Fires in Kuwait, Bahrain, and Kill One in UAE

Iran's drone attacks have caused fires in Kuwait and Bahrain, and killed a man in the UAE, escalati…
Iran's aggressive actions have led to a series of incidents across the Gulf region. Kuwait's international airport was hit by drones from Iran, causing a large fire at its fuel tanks. The airport's spokesman, Abdullah al-Rajhi, confirmed that the attacks were 'brazen' and resulted in material damage but no human injuries.In Bahrain, a fire broke out at an undisclosed company facility due to Iranian aggression, with civil defence crews working to extinguish the blaze. The incident has heightened concerns about the stability of the region.The United Arab Emirates also reported a fatality, with shrapnel from a drone interception killing a Bangladeshi national on a farm in Fujairah city. Authorities are investigating the incident.These attacks are part of a broader conflict between Iran and a US-Israeli coalition. Iran has claimed to target US assets, but Gulf nations assert that Tehran's actions have targeted civilian infrastructure.The economic impact of the conflict is significant, with a UN report estimating that the Arab world's GDP could decline by 3.7 to 6 percent, equivalent to a contraction of $120bn to $194bn, after just one month of war.Diplomatic efforts to end the conflict have been complicated by contradictory statements from US President Donald Trump about the potential for a quick exit. Iran has dismissed a US ceasefire proposal as 'maximalist' and 'unreasonable', demanding compensation for damages and a permanent end to hostilities.
#iran #kuwait #bahrain
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Technology Apr 01, 2026

NASA’s Artemis II Set for Wednesday Launch: Crew, Timeline and Mission Significance

NASA is ready to launch Artemis II from Kennedy Space Center on Wednesday, sending four astronauts …
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.
#artemis #mission #moon
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Politics Apr 01, 2026

American Journalist Abducted in Baghdad Raises Press Safety Concerns

An American journalist was kidnapped in Baghdad, prompting heightened worries about the safety of m…
An American journalist has been taken hostage in Baghdad, according to Al Jazeera on April 1, 2026. The incident underscores the persistent risks faced by reporters operating in Iraq’s capital, where security challenges continue to threaten press freedom. While details about the circumstances of the abduction remain scarce, the event is likely to intensify calls for stronger protective measures for journalists and could strain diplomatic relations between the United States and Iraq as authorities work to secure the reporter’s release.
#Baghdad #Iraq #Press Freedom
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World Economy Apr 01, 2026

Even a Reopened Strait of Hormuz Won’t End Months of Global Shipping Disruption, Analysts Say

Experts warn that the resumption of traffic through the Strait of Hormuz will not instantly restore…
Closing the Strait of Hormuz has choked a vital artery that carries roughly one‑fifth of the world’s crude oil and LNG, sending energy prices soaring and unsettling global trade. Even if the waterway reopens tomorrow, analysts say the ripple effects will endure for months. Nils Haupt, senior director of corporate communications at German carrier Hapag‑Lloyd, told Al Jazeera that the end of hostilities does not equate to the end of logistics challenges. “Once the bombardments stop, the real work begins,” he said, noting that hundreds of vessels will scramble for berths in Persian Gulf ports, creating a prolonged bottleneck for containers and bulk cargo. According to the International Maritime Organization, about 2,000 ships are currently stranded because of Iran’s partial blockade, with only a handful of vessels from “friendly” nations granted passage. Maritime‑intelligence firm Windward estimates that roughly 400 of those ships are anchored in the Gulf of Oman, waiting for a green light. Diverted traffic has already forced many carriers to reroute via the Suez Canal or take the far longer Cape of Good Hope passage, inflating transit times and costs for shipments bound for Asia and Europe. Oil exports from Saudi Arabia are now being sent around the Red Sea, bypassing the strait entirely. Svein Ringbakken, managing director of the Norwegian Shipowners’ Mutual War Risks Association, cautioned that even with ports operating at full capacity, clearing the backlog of oil, gas and other goods will take months. He added that repeated attacks on regional energy and transport infrastructure have compounded the problem. The International Energy Agency reports that more than 40 energy assets across the Middle East have suffered “severe or very severe” damage, prompting companies such as QatarEnergy, Kuwait Petroleum Company and Bahrain’s Bapco Energies to declare force majeure. Beyond the immediate loss of flow, the shutdown has disrupted exports of petrochemicals, fertilisers and raw materials essential for plastics production, further straining global supply chains. Industry leaders warn that the risk landscape has fundamentally shifted. SV Anchan, chairman of US‑based logistics group Safesea, highlighted the rise of asymmetric threats, including unmanned vessel attacks, which have already accounted for at least 18 confirmed assaults since the conflict began. “A full reopening will only bring normalcy after a sustained period of stability and credible security guarantees,” Anchan said. Insurance costs have exploded as a result. Marco Forgione of the Chartered Institute of Export & International Trade noted that hull and cargo premiums have surged up to 300 %, a pressure point that could force shipping firms to curtail operations if rates remain high. Oscar Seikaly, CEO of NSI Insurance Group, stressed that war‑risk coverage will only normalize when a “truly permanent” security solution is in place, not a partial one. Recent data from Lloyd’s List show that a few vessels have managed to obtain Tehran’s permission to transit, with one ship reportedly paying $2 million for the right to pass. Iranian lawmakers have also moved to formalise transit fees for the strait. Nick Marro, lead global‑trade analyst at the Economist Intelligence Unit, warned that the security guarantees demanded by shippers may be hard to meet, citing the volatile Red Sea experience where commercial traffic remains below pre‑2023 levels. Marro predicts that the Hormuz shutdown will accelerate a broader trend of route diversification, similar to the supply‑chain shifts triggered by the COVID‑19 pandemic. “Geopolitical uncertainty will become a permanent feature of risk management, not a temporary reaction,” he said. Seikaly echoed this outlook, suggesting that exporters will increasingly explore alternative corridors for strategic and political reasons, ultimately reducing traffic through the Strait of Hormuz over the long term.
#strait #shipping #trade
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Sports Apr 01, 2026

Super League Media Landscape: 30 Years of Evolution

The Super League celebrated its 30th anniversary, marking significant changes in media coverage sin…
The Super League marked a significant milestone recently, celebrating 30 years since its launch in 1996. To commemorate the occasion, the league hosted a special event at Headingley, where Leeds played Warrington in a repeat of one of the original fixtures. The event featured a nostalgic look back at the league's early days, with Sky Sports anchor Brian Carney welcoming guests to reminisce about their past heroics. In 1996, only three Super League games were televised, despite Sky Sports investing £87m in the new competition. Fast-forward to the present, and the media landscape has transformed dramatically. Today, fans can access live broadcasts of almost every Super League game, with Sky Sports paying £21.5m to show every game this season, a significant decrease from the £17.3m they paid for two games a week in 1996. The way people consume sports media has also undergone a substantial shift. Fans now rely on their phones for updates, rather than traditional radio bulletins. The proliferation of social media and online platforms has changed the way journalists work, with many now producing content for rugby league websites, such as Serious About Rugby League and Love Rugby League. The number of full-time reporters covering the sport has dwindled, with most journalists now working part-time or for online publications. Despite this, the sport remains popular, with radio coverage expanding to include live broadcasts of almost every Super League game on BBC's local stations, 5 Live Sports Extra, or TalkSport. Veteran journalists, such as Paul Fitzpatrick and Andy Wilson, reflect on the changes they've seen over the years. They note that while the sport has become more accessible, the media landscape has become more challenging, with fewer resources and a greater emphasis on online content. Nevertheless, the openness of rugby league players and the humility of the sport's stakeholders have made it a pleasure to cover.
#Super League #ESPN #Sky Sports
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