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SpaceX has submitted paperwork for an initial public offering that could debut as early as June or July, targeting a capital raise of $75 billion. If the market pricing aligns with analysts’ forecasts, the launch could lift the company’s valuation to nearly $1.5 trillion, roughly double its worth in December. Such a valuation would place founder Elon Musk on a clear trajectory toward becoming the planet’s first trillionaire, a milestone that would eclipse the $25.6 billion record set by Saudi Aramco’s 2019 IPO. Renaissance Capital’s data analyst Angelo Bochanis told Reuters that, much like Tesla, SpaceX’s market price will hinge on investor confidence in Musk’s long‑term vision. "Investors are clamouring for any exposure to SpaceX," he added. Despite Musk’s controversial public persona and his involvement in multiple high‑profile ventures, industry experts remain bullish. Kat Liu, vice‑president at IPOX, noted that SpaceX is "operationally mature, technologically ahead in several key areas, and profitable," providing a solid foundation for a public listing. The company’s recent merger with Musk’s artificial‑intelligence startup xAI and the continued dominance of its Starlink satellite network—now the world’s largest satellite communications platform—have reinforced investor interest. SpaceX’s ambitious roadmap includes a lunar base and a crewed Mars mission, though timelines remain uncertain. Musk has previously admitted a "50‑50 chance" of delivering an uncrewed Starship to Mars by the end of 2026. Financial data firm Pitchbook estimates the IPO could nearly double the company’s market cap, underscoring the scale of potential investor demand. If realized, the offering would not only reshape the space‑tech sector but also set a new benchmark for public market fundraising.

Beirut, Lebanon – On 24 March, Foreign Minister Youssef Raggi announced that Iran’s ambassador to Lebanon, Mohammad Reza Sheibani, was declared persona non grata and ordered to depart by 29 March. Two days after the deadline, the envoy remained in Beirut, refusing to leave. The episode unfolds against a broader conflict that has already claimed more than 1,000 lives and displaced over 1.2 million people within a single month of Israeli military action in Lebanon. It also highlights a deepening schism in Lebanese politics between supporters of the pro‑Iranian Shia militia Hezbollah and those demanding its disarmament. Imad Salamey, a political scientist at the Lebanese American University, told Al Jazeera that the ambassador’s defiance is a symptom of a larger contest over legitimacy and authority. IRGC’s Strategic Role Iran’s Islamic Revolutionary Guard Corps (IRGC) helped forge Hezbollah in 1982 as a response to Israel’s invasion. Over the decades, Tehran’s billions of dollars in funding elevated Hezbollah to Lebanon’s most powerful political and military force. Hezbollah’s popularity peaked in 2000 after driving Israeli forces from south Lebanon, but subsequent engagements—including the 2006 war, the 2008 Beirut street battles, the Syrian civil war, and the 2019 domestic protests—have eroded its broader support. When Hezbollah entered open conflict with Israel on 8 October 2023, it enjoyed limited backing beyond the Shia community. By the November 2024 cease‑fire, the group was at a low point, with Israel having killed more than 4,000 Lebanese, including leader Hassan Nasrallah and much of Hezbollah’s command. International pressure then mounted for Hezbollah’s disarmament, prompting Prime Minister Nawaf Salam and President Joseph Aoun to prioritize the issue. According to several analysts, the IRGC exploited the cease‑fire lull to dispatch officials to Lebanon, restructuring Hezbollah’s command and possibly ordering its re‑entry into the war on 2 March—just days after Iran’s Supreme Leader Ali Khamenei was assassinated. Prime Minister Salam has publicly claimed the IRGC is “managing the military operation in Lebanon” and even accused Tehran of launching an attack on Cyprus. Ambassador Refuses to Exit In response to the perceived IRGC influence, Raggi’s declaration stripped Sheibani of diplomatic immunity. Dania Arayssi, senior analyst at the New Lines Institute, described the move as a “landmark decision” given Iran’s entrenched role in Lebanese politics. Iran’s Foreign Ministry, however, maintains that Sheibani will not depart, and Hezbollah has openly pledged to protect him, warning that any government attempt to disarm the militia will be met with “punishment.” Parliament Speaker Nabih Berri—longtime Hezbollah ally—initially backed the government’s ban on Hezbollah’s military activity after the March re‑entry, illustrating the fluidity of alliances within Lebanon’s power‑sharing system. State Authority Tested Hezbollah’s renewed campaign, which includes dozens of cross‑border attacks and direct engagements with Israeli forces on Lebanese soil, is reshaping the political calculus. The militia’s revived confidence challenges the Lebanese government’s ability to enforce disarmament. While the ambassador remains protected inside the Iranian diplomatic compound—effectively beyond the reach of Lebanese law—critics argue that Tehran’s refusal to honor the expulsion order undermines the state’s authority, already weakened by months of war. Salamey summed up the dilemma: “The state is asserting its authority on paper, but internal divisions and competing claims of legitimacy constrain its practical power, testing the limits of Lebanon’s fragile power‑sharing arrangement.”

Dame Carole Jordan, who has died aged 84, was a prominent figure in astrophysics, celebrated for her groundbreaking research on the outer atmosphere of the sun and other cool stars. Her contributions to the field have left a lasting impact, and her legacy extends beyond her scientific achievements as a champion for women in science.Jordan's fascination with astronomy began at a young age, inspired by books from authors like Arthur Eddington and Fred Hoyle. She pursued her passion for astronomy at University College London, where she was interviewed by CW Allen, professor of astronomy, and offered a place. Her academic journey led her to become a leading expert in ultraviolet spectroscopy of the sun and other stars.In 1962, a rocket-borne experiment led by US astronomer Richard Tousey measured the EUV spectrum of the sun, discovering a dozen unidentified emission lines. Jordan dedicated her research to understanding these lines, eventually becoming the world expert on the subject. Her 1965 PhD thesis, Analysis of the Solar Ultraviolet Spectrum, concluded that several lines were due to transitions in highly ionized iron.Jordan's most-cited paper, The Ionization Equilibrium of Elements Between Carbon and Nickel, published in 1969, laid out the ionization equilibrium as a function of temperature for the main ionized states of common heavy elements. This work became a definitive guide to EUV spectroscopy. The launch of the International Ultraviolet Explorer (IUE) in 1978 enabled her to extend her analyses to other stars, solidifying her position as an expert on the chromospheres of cool stars.Jordan's achievements extended beyond her scientific contributions. In 1994, she became the first female president of the Royal Astronomical Society, a testament to her dedication to promoting women in science. She was also a staunch supporter of the Royal Astronomical Society, serving as secretary and vice-president of the Institute of Physics.Throughout her career, Jordan received numerous accolades, including the RAS's gold medal in 2005 and being made a dame in 2006. Her legacy serves as an inspiration to future generations of scientists, particularly women, to pursue careers in STEM fields.

New legislation takes effect on 31 March 2026 as the UK government rolls out the Simpler Recycling framework, requiring every council in England to provide distinct collections for food & garden waste, paper & card, all other dry recyclables (glass, metal, plastic, cartons) and residual waste. This uniform approach replaces the historic “postcode lottery” of waste services, applying to all households – including flats and communal properties. Recycling performance: England’s municipal recycling rate has plateaued at ~44% for several years, well below Wales (57%) and Northern Ireland (≈50%). The government’s ambition is a 65% recycling rate by 2035, a target that will require substantial behavioural and infrastructure shifts. Environment minister Mary Creagh confirmed that councils have received a notable budget increase for 2026 to support the rollout. How collected material is processed: Once gathered, waste is taken to Materials Recovery Facilities where magnets, optical scanners and air jets separate streams into paper, plastics, glass and metals. These are then baled and sent to reprocessors for conversion into new products. Approximately 50% of the UK’s recycled plastic is exported, mainly to Turkey, the Netherlands and Malaysia. This export trend has drawn criticism for undermining the domestic recycling sector, which industry estimates could generate £2 billion in revenue and support around 5,000 jobs. In the past two years, 21 plastic‑recycling facilities have closed, citing low virgin‑plastic prices, competition from cheap Asian imports and the scale of exports. By contrast, the UK still lacks a ban on plastic‑waste exports to developing nations, a policy the EU has already adopted. Paper and cardboard recycling also relies heavily on overseas processing, with 3.4‑4.3 million tonnes shipped abroad each year. Food waste collection overhaul: The most visible change is the introduction of free, weekly food‑waste collection for every household. Residents will receive a small kitchen caddy and a larger outdoor bin. When separated, food waste can be fed into anaerobic digestion facilities to produce renewable energy and bio‑fertiliser, reducing landfill‑derived methane – a greenhouse gas over 80 times more potent than CO₂. The policy is also expected to raise public awareness of personal waste generation, encouraging more responsible disposal habits. Implementation timeline: While all councils must standardise dry‑recycling collections by 31 March, a transitional arrangement allows 31 councils to delay the start of weekly food‑waste collection beyond the initial Tuesday. Contamination risks: Mixing biodegradable or compostable plastics with conventional recyclable plastics can contaminate entire batches, rendering them unrecyclable. Similarly, placing paper or cardboard in residual waste diverts it to landfill or incineration, increasing greenhouse‑gas emissions. Toothpaste tubes have historically been problematic, but a Wrap‑led initiative now makes most tubes 100% recyclable. Consumers can verify local acceptance via RecycleNow, and Boots stores also collect used tubes for recycling.

The play 'In the Print' is a tense thriller that dramatizes the 1986-87 stand-off between Rupert Murdoch and Brenda Dean, general secretary of the print union Sogat. The play, written by Robert Khan and Tom Salinsky, explores the Wapping dispute, a pivotal moment in British industrial relations.The play's central plot revolves around Murdoch's attempt to reform newspaper production and the union's resistance to these changes. Murdoch's use of a fake newspaper, The London Post, to justify the relocation of his titles to a deunionized workforce in Wapping is a key element of the play.The production, briskly staged by Josh Roche, features strong performances from the cast, including Alan Cox as Murdoch, Claudia Jolly as Dean, and Russell Bentley as Kelvin MacKenzie, the then editor of the Sun. The play leaves audiences to decide whether Dean was outplayed by Murdoch or if militant trade unionism was already on the decline.The play is part of a series of stage dramatizations of Murdoch's life and career, including James Graham's Ink and Murdoch: The Final Interview. 'In the Print' offers a unique perspective on Murdoch's revolutionary approach to industrial relations and his impact on British conventions.

A remarkable discovery has been made in the world of music memorabilia. A torn page of lined paper bearing a draft of Bob Dylan's lyrics for 'I'm Not There' has been found tucked inside a first-edition paperback of Allen Ginsberg's 'Ankor Wat'. This extremely rare document is a significant find for Dylan collectors and fans. The draft lyrics were written almost 60 years ago, during the summer of 1967 in New York, when Dylan and his backing group The Band were prolific in their songwriting. 'I'm Not There' is considered one of Dylan's greatest songs and was finally released as part of the soundtrack for the 2007 film of the same name. The book in which the lyrics were discovered was owned by Sally Grossman, the wife of Dylan's first manager Albert Grossman and a close friend of the singer. It was gifted to her by Ginsberg himself in 1969 and remained in her estate until her death in 2021. The auction for the lyrics is set to take place in April, with an estimated value of £20,000-£40,000 (approximately $26,400-$52,800). This find is a significant addition to the world of music memorabilia, highlighting the enduring legacy of Bob Dylan and Allen Ginsberg.

Manila, Philippines, is experiencing a rare phenomenon - empty streets. For years, the city's transport congestion has been notorious, ranking worst globally in 2024, according to the TomTom traffic index. However, a 26km drive from the Manila airport to the Quezon City Hall now takes just 45 minutes, instead of the typical two hours, according to Google Maps.The reason behind this sudden change is the surge in fuel prices following the United States and Israel's joint military operation against Iran almost a month ago. This has resulted in a significant decrease in vehicular traffic, with fewer buses, jeepneys, and ride-hailing vehicles plying the streets.The impact is being felt by vendors and transport workers, such as Ruben, a 27-year-old parking attendant, who earned less than half his usual collection on a typical Wednesday. Emily Ruado, a 59-year-old paper napkin vendor, also reported a decline in her daily income from $10 to $5.The financial difficulties faced by individuals like Ruben and Emily reflect a bigger headache for the Philippines, as worries of a sharp increase in prices of basic goods and sudden loss of employment for thousands of people could quickly lead to a stagnating economy. The country's GDP growth rate of 5 percent is now becoming more unlikely.The surge in fuel prices has also exposed the acute insufficiency of Manila's limited railway network, with commuters swelling during rush hour at metro stations. This highlights the need for improved infrastructure and the multibillion-dollar infrastructure corruption scandal still roiling the country.

The introduction of a commemorative gold coin featuring Donald Trump's image has sparked controversy, with many questioning the decision to put his face on a US coin. The coin, worth $1, depicts Trump sitting at the Resolute Desk in the Oval Office, a classic pose designed to make him appear intimidating. The Commission of Fine Arts recommended that the coin be 'as large as possible', which has raised eyebrows among critics. The article's author, Dave Schilling, argues that this decision is a reflection of Trump's ego and desire for attention. Schilling suggests that the coin's design could have been more creative and meaningful, paying tribute to Trump's legacy in a more nuanced way. American coins typically feature the faces of prominent individuals, such as Lincoln and Franklin Roosevelt. However, the reverse side of the coin often features symbols of American history and culture, such as the Liberty Bell or a buffalo. Schilling argues that the Trump coin's design could have followed this tradition, rather than featuring a generic bald eagle on the reverse side. Schilling proposes alternative designs that could have been used for the coin, such as: The Trump Tower in Manhattan, which was a seminal purchase for Trump and cemented his reputation as a shrewd businessman. The Central Park Five advertisement, which Trump took out in four separate New York City newspapers, although this would have been a more contentious choice. The Apprentice, Trump's popular NBC reality show that helped him become a household name. Ultimately, Schilling suggests that the defining image of Trump's presidency should be the bank statement of the average American citizen, reflecting the economic challenges faced by many during his term in office, including stagnant job growth, rising inflation, and high energy costs.

Walking into Scisters Salon & Apothecary in southern California reveals what's immediately absent: no wall of plastic bottles, no chemical tang, and minimal waste. The salon's shelves feature large refill containers of shampoo and conditioner, houseplants adorn the space, and hair clippings are composted. The only trash can is a small basket mostly collecting clients' personal items, creating an environment that co-owner Melissa Parker notes clients immediately comment on: 'It smells good in here.' That never happens in a conventional salon.Opened 15 years ago by Parker and Easton Bajsec in La Mesa near San Diego, Scisters has evolved into one of the region's most prominent low-waste salons, diverting up to 99% of its refuse from landfills. Their business transformation addresses a significant industry problem: the beauty sector generates substantial waste, with North American salons sending an estimated 63,000lbs of hair to landfills daily, plus hundreds of tons of used foil and leftover hair dyes.The turning point came when Bajsec watched a documentary about the zero-waste movement while Parker developed health problems linked to prolonged exposure to salon chemicals. Studies have found that hairdressers' exposure to harmful chemicals such as formaldehyde, ammonia and sulfates puts them at higher risk of asthma, skin conditions, reproductive illnesses and cancer. Rather than leave the industry, they transformed their business.They eliminated perms due to formaldehyde exposure and moved away from big-name products despite green marketing claims. When existing alternatives didn't meet their standards for performance, ingredient transparency and waste reduction, they created their own line. Element, launched in 2019, is made in a California lab and sold in refillable glass and aluminum containers, featuring recognizable ingredients like organic aloe, wheat protein and castor oil.The salon's waste reduction strategies extend beyond product packaging. They implemented hair composting, foil recycling, and replaced waxing with sugaring—a compostable hair-removal technique. They switched to LED lighting, installed water-efficient showerheads, and use washable cloths instead of paper towels. Though they still offer hair bleaching (which releases ammonia), they mitigate risks with industrial air filtration and air-purifying plants.Bajsec acknowledges that 100% zero waste is impossible due to regulatory constraints on reusable gloves and plastic pump tops. The salon ships its minimal plastic waste to Green Circle Salons for specialized processing, paying $200 per box. Despite this cost, Parker notes the overall approach has been financially beneficial: 'Overall, it's actually less expensive. We're not outsourcing to other beauty brands. We're mindful about systems.'Their commitment to sustainability proved critical during the COVID-19 pandemic. When mandatory closures threatened their survival, they pivoted to refill sales, meeting clients in the parking lot. This refill model kept revenue flowing, allowing them to pay full rent while many neighboring tenants struggled. 'Going green has been the greatest thing we've done for our business financially,' Parker says. 'We accidentally created a point of differentiation.'Denise Baden, a professor of sustainable business at the University of Southampton, confirms that eco-friendly practices often reduce costs. 'It's a misunderstanding that to be eco-friendly, you have to spend more money. In fact, usually, it's the reverse,' she notes, adding that hairdressers are uniquely positioned to influence their communities.Now, Parker and Bajsec are helping other salons adopt similar practices through speaking engagements and an online guide. 'We get calls from other salons all the time,' Bajsec says. 'It's not sustainable if we're the only ones doing it.'