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Kevin Warsh, a former Federal Reserve governor nominated by President Donald Trump to replace Jerome Powell, has filed ethics disclosures showing personal assets well above $100 million. If confirmed, he would become the wealthiest central‑bank leader in U.S. history. The 69‑page filing, released on Tuesday, lists two private‑fund investments each valued at over $50 million in the Juggernaut Fund LP, plus $10.2 million in consulting fees from the investment office of Wall Street titan Stanley Druckenmiller. Many holdings are described only in broad categories because “pre‑existing confidentiality agreements” prevent full disclosure; Warsh has pledged to divest these assets should his nomination be approved. Federal Reserve ethics rules, tightened in 2022, prohibit officials and their families from owning bank stocks, crypto‑related assets, and impose strict limits on buying and selling securities. The Fed’s own standards, set by the Federal Open Market Committee, are stricter than those governing other federal employees. Beyond the large private‑fund stakes, Warsh’s disclosures reveal a portfolio concentrated in emerging sectors such as artificial intelligence and cryptocurrency. Notable entries include the robotic‑coffee‑bar platform Cafe X, wearable‑tech firm Cionic, an Ethereum layer‑two project dubbed “Blast,” and a reversible male‑contraceptive solution called Contraline. Details for many of these positions are omitted, again citing confidentiality. The filing also enumerates assets held by Warsh’s spouse, Jane Lauder—a member of the Estee Lauder family with an estimated net worth of $1.9 billion. Her holdings feature municipal bonds listed simply as “over $1 million.” Liabilities appear modest in comparison: a 2015 mortgage of up to $5 million with JPMorgan Chase at a 2.75% rate, a revolving credit line of up to $5 million from PNC Bank at roughly 6%, and a $1.95 million capital commitment to THSDFS LLC, an interest Warsh has also pledged to divest. Ethics analyst Heather Jones of the Office of Government Ethics confirmed that Warsh’s divestiture promises would bring him into compliance with the Ethics in Government Act. Nonetheless, the breadth of undisclosed holdings is likely to dominate his upcoming confirmation hearing, scheduled for April 21. Political dynamics add further uncertainty. A key Republican senator has signaled intent to block Warsh’s confirmation until a Department of Justice investigation into Powell’s oversight of Fed‑headquarters renovations concludes. Although a federal judge recently dismissed two subpoenas targeting Powell—citing a perceived attempt to pressure him on interest‑rate policy—the Justice Department plans to appeal, potentially delaying any Senate vote. Powell has indicated he will remain “pro tem” if Warsh is not confirmed by the end of his term on May 15, and he could retain his governor seat until 2028 if he chooses.

Why does the war in Sudan persist three years after it began? According to the latest episode of Al Jazeera’s podcast The Take, the answer lies in the network of external actors that continue to fund and arm the warring factions – the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF). The episode, hosted by journalist Malika Bilal and featuring political analyst Dallia Abdelmoniem, explores how regional and global rivalries have turned Sudan into a proxy battleground. With the United States and Israel engaged in a broader confrontation with Iran, and tensions in the Strait of Hormuz inflating oil prices, the cost of fuel and food in Sudan has surged, worsening an already dire famine situation. Key insights from the discussion include: Foreign financing and arms supplies keep both the SAF and RSF operational, preventing a decisive military outcome. US‑Israel‑Iran dynamics divert international attention and resources, allowing the Sudanese conflict to fester. Rising global fuel prices driven by Strait of Hormuz instability increase transport costs, making humanitarian aid more expensive and less accessible. Food price spikes exacerbate famine risk for millions of displaced Sudanese, deepening the humanitarian crisis. The podcast also notes that without a coordinated diplomatic push to address the external backers and the broader geopolitical tensions, a sustainable cease‑fire remains unlikely. Production credits go to Tamara Khandaker (producer), with contributions from Noor Wazwaz, Sari el‑Khalili, Spencer Cline, Chloe K Li, and Tuleen Barakat. Editing was handled by Alexandra Locke, while Alex Roldan provided sound design and Hisham Abu Salah and Mohannad al‑Melhem managed video editing. Listeners can follow the conversation and future episodes on X, Instagram, Facebook, and YouTube.

In 2020, several nations—including the UK and India—announced ambitious bans on new internal‑combustion‑engine vehicles, while Norway already saw around 60% of new car sales being electric. Australia, however, remained on a different trajectory. Former Prime Minister Scott Morrison dismissed a Labor proposal for a non‑binding 50% electric‑vehicle target by 2030, claiming it would “end the weekend.” The Coalition ignored analyses suggesting that a robust emissions‑cut scheme could deliver a $14 billion net benefit by 2040, and later abandoned plans for an EV‑specific strategy. Five years on, the Albanese government has introduced a vehicle‑efficiency standard mandating annual reductions in average emissions from new cars. Though a long‑awaited move, the policy’s impact will be incremental rather than transformative. March saw a record number of Australians purchasing EVs, yet the market share remains modest—still under 15% of new car sales, up only slightly from 13% in 2025. With fuel prices soaring amid the Iran conflict, the majority of vehicles leaving showrooms are still powered by petrol or diesel, and many will stay on the road for the next 15‑20 years. One bright spot is the surge in second‑hand EV sales, which more than doubled last month despite a tiny baseline. Higher resale values are encouraging broader adoption by making electric cars financially accessible to a larger pool of buyers. Globally, electric vehicles accounted for roughly 25% of new car sales last year. In Australia, the price differential between comparable petrol and electric models averages around 20%, a significant barrier for many consumers. That gap is narrowing, and the potential savings for EV drivers are substantial. Data from energy analyst Simon Holmes à Court—using Amber electricity retailer figures—show that an EV can travel over 40 km per $1 of energy, whereas a conventional car manages less than 5 km per $1 of fuel. Amber’s own smart‑charging platform suggests the distance could reach 160 km per $1 under optimal conditions. Despite such evidence, Australian political discourse often struggles to envision a low‑fossil‑fuel future. Calls for expanded oil exploration, such as Queensland Premier David Crisafulli’s claim of a “sea of oil” in the Taroom trough, lack substantiation and would likely involve costly, long‑term development with uncertain returns. Compounding the issue, the mining sector—Australia’s biggest diesel consumer—receives a 52‑cent‑per‑litre rebate under a national fuel‑tax credit scheme, effectively subsidising over $1 billion annually for diesel use in coal mines. This incentive discourages investment in cleaner truck technologies, even as the safeguard mechanism attempts to curb emissions. Policy recommendations include tightening the vehicle‑efficiency standard to accelerate the shift toward cleaner cars, removing parallel‑import restrictions to boost the supply of affordable second‑hand EVs (as practiced in New Zealand), and reconsidering any road‑user charges on electric vehicles, which currently represent less than 2% of the total fleet. International examples offer guidance: China jump‑started its EV boom by issuing “green” licence plates and imposing hefty fees for fossil‑fuel plates, effectively raising the cost of owning a petrol car by up to $20,000. In sum, Australia’s delayed embrace of electric mobility not only hampers climate goals but also forfeits billions in economic gains. A decisive, well‑targeted policy overhaul could unlock significant consumer savings, reduce emissions, and align the nation with global EV trends.

Liverpool's impressive second-leg performance against Paris Saint-Germain ultimately proved insufficient, as they were eliminated from the Champions League with a 4-0 aggregate defeat. Ousmane Dembélé's late double dashed Anfield's hopes of another European comeback.Manager Arne Slot expressed his disappointment, lamenting Liverpool's inability to capitalize on their numerous scoring chances. He credited his players and fans for their efforts, stating, 'I have to give a lot of credit to the players for how hard they worked and to the fans for helping us execute our gameplan by always getting behind us.' Slot also acknowledged that the team's future looks bright, despite the current setback.The match took a concerning turn with Hugo Ekitiké's suspected achilles injury in the 27th minute. Slot described the situation as 'really bad' but noted that further assessments are needed to determine the full extent of the damage. This injury adds to Liverpool's concerns, particularly given the limited minutes Florian Wirtz, Alexander Isak, and Ekitiké have played together this season.Slot reflected on the team's performance, saying, 'We are very disappointed because there were parts of the second half where you could feel, ‘If we could just score now, this could become a very special night.’ Creating chances is one thing, though; scoring is another.' He also praised his team's dominance against PSG, noting that not many teams can create as many chances as Liverpool did.

Jamie Dimon, the CEO of JP Morgan, has stated that a potential downturn in the $3tn private credit market would not pose a significant threat to the stability of major banks. According to Dimon, while there are areas of weakness in the unregulated private credit industry, it does not present a 'systemic' risk to the financial system.Dimon made these comments during an earnings call on Tuesday, where he also noted that the actual credit quality had not deteriorated significantly, with only 'pockets' of weakness. He emphasized that very large losses in private credit would be needed before major banks were affected.The private credit market has faced growing concerns over potentially risky loans arranged by firms that lend to companies using investor money, outside the traditional regulated banking system. This has led to a multibillion-pound surge in withdrawals from some private credit funds, such as Blue Owl, which have had to cap the amount of money clients can withdraw.Despite these concerns, Dimon expressed that he is 'not particularly worried' about the impact on major banks. JP Morgan reported a 13% jump in first-quarter profits to $16.5bn, with revenues rising 10% to $49.8bn.

Luis García, the former Atlético Madrid, Barcelona, and Liverpool player, thought he had left the intense emotions of football behind when he retired in 2016. However, while watching his current club, Johor Darul Ta'zim, celebrate a historic win in Malaysia, he found himself overcome with emotion. "I was always very competitive and once I had left football, I thought I wasn’t going to have those feelings I had before," García says. "I still enjoy football, still play seven-a-side with my friends – every Saturday at 10am, Los Jareños Club de Futbol – but I thought I had lost that and it wasn’t coming back. In fact, I was trying to avoid it; I didn’t want it. So when it happened, it surprised me. I didn’t expect football to give me that again. But there I was, crying."García is now the chief executive of Johor Darul Ta'zim, a Malaysian club that has made history by reaching the quarter-finals of the Asian Champions League. He credits the club's success to its strong structure, including coaches, analysis, assistants, fitness staff, and a digital team.The club's owner, Tunku Ismail Idris, the crown prince of Malaysia, has been instrumental in its growth, taking the team to 12 league titles. García says that Idris is "very active, inquisitive" and has a good understanding of the game.García's role as CEO involves implementing the club's vision, finding ways to improve, and liaising with the operations manager. He also travels with the sporting director to scout players and has been involved in school visits and hospital engagements.The team's success has been built on a strong squad, including Australians, New Zealanders, Americans, Koreans, Portuguese, Spaniards, Argentinians, Brazilians, a Colombian, and the former Wolves midfielder Hong Wan. Arif Aiman, a Malaysian player, has been described by García as "the pearl of Malaysia" due to his quick skills, goal-scoring ability, and potential to play in Europe.

George Steinbrenner, the legendary owner of the New York Yankees, left an indelible mark on baseball during his tumultuous reign. Known as 'The Boss,' Steinbrenner purchased the Yankees in 1973 for $8.8 million and went on to build a dynasty that won seven World Series championships under his watch.Steinbrenner's tenure was marked by both remarkable success and controversy. He was suspended from baseball twice - once for illegal campaign contributions to Richard Nixon and again for paying a gambler to discredit Yankees star Dave Winfield. Despite these setbacks, Steinbrenner continued to shape the Yankees into a formidable team, with stars like Reggie Jackson and Derek Jeter leading the charge.The book, which draws from Vaccaro's extensive experience covering the Yankees, offers a nuanced portrayal of Steinbrenner's complex personality and his relationships with key figures like Billy Martin, who served as Yankees manager during five separate stints. Vaccaro also explores the contributions of other influential Yankees executives, including Gabe Paul and Gene 'Stick' Michael, who played crucial roles during Steinbrenner's periods of exile from baseball.Under Steinbrenner's leadership, the Yankees entered into lucrative partnerships, including the creation of the YES Network, and secured a new stadium, which has helped maintain the team's value at an estimated $7 billion to $10 billion. Despite the team's recent struggles, including a championship drought since 2009, Steinbrenner's legacy continues to shape the Yankees' identity and influence.Vaccaro notes that Yankees fans remain passionate and spoiled by the team's past successes, with some expressing concerns about the current leadership under Hal Steinbrenner, George's son, and the team's management, including Brian Cashman and Aaron Boone. However, Vaccaro suggests that the modern baseball landscape is inherently unpredictable, making it challenging for any team to sustain long-term dominance.

Moya Brennan, the celebrated voice behind Irish folk ensemble Clannad, passed away at the age of 73 in her native County Donegal, surrounded by family. The 73‑year‑old had been living with pulmonary fibrosis and was awaiting a possible double‑lung transplant when she died peacefully. Born 4 August 1952 in Dublin as Máire Philomena Ní Bhraonáin, she grew up in a large musical family that performed in their local pub. She later honed her craft at the Royal Irish Academy of Music before co‑founding Clannad in 1970 with her brothers and two uncles. Clann2’s early breakthrough came at the Slógadh Youth Festival, where a prize‑winning performance secured a Polydor contract—though the band members were too young to sign. Their commitment to singing in the Irish language set them apart; as Brennan recalled in 2022, they felt they were “letting the language down” but fell in love with its melodies. The group’s commercial breakthrough arrived in 1983 with the album Magical Ring and its hit single “Theme from Harry’s Game.”strong> The track reached No. 5 on the UK Top 40, earned Clannad a historic appearance on Top of the Pops as the first act to perform in Irish, and paved the way for a BAFTA‑winning score for the ITV series Robin of Sherwood. Throughout the 1980s and 1990s, Brennan earned the moniker “first lady of Celtic music,” garnering praise from peers such as Bono of U2 and contributing vocals to major film soundtracks including Titanic and King Arthur. Her sister Eithne, later known as Enya, also emerged from Clannad before launching a wildly successful solo career. Beyond her musical achievements, Brennan’s personal journey was marked by hardship. She publicly discussed a 1972 abortion in England, subsequent substance use, an 18‑month marriage to fellow musician Pat Farrell, a miscarriage in 1987, and a brief relationship with U2’s Adam Clayton. A deepening Christian faith after the miscarriage helped her overcome addiction, and she later married photographer Tim Jarvis in 1990, a partnership she credited with ending her drug use. Her solo discography began with the critically acclaimed album Máire in 1992 and continued through 2024’s Voices & Harps IV with Cormac de Barra. Brennan also devoted considerable energy to philanthropy, working with Christian Blind Mission Ireland on projects across the Democratic Republic of Congo, Rwanda, Brazil, and Tanzania, and supporting programs for those battling drug and alcohol dependency. In 2002 she officially adopted the stage name Moya Brennan, formalising the change by deed poll in 2009. Over the years she collaborated with a diverse roster of artists, from Shane MacGowan and Robert Plant to Bruce Hornsb​y, the Doobie Brothers, and Ronan Keating. Brennan is survived by her husband Tim Jarvis and their two children. In a 2022 interview she attributed her resilience in the face of her lung disease to her Christian faith, stating, “I know God is with me… that’s where my strength comes from.”

U.S. President Donald Trump launched a scathing attack on Pope Leo XIV on Sunday night, branding the pontiff “weak on crime” and “terrible for foreign policy.” The criticism was posted on Trump’s Truth Social account, where he asserted he does not want a Pope who “criticises the President of the United States.” The outburst appears to be a direct response to recent statements by Pope Leo that condemned the United States’ involvement in the Israel‑Iran conflict. Last week, the Pope issued a rare rebuke of Trump’s threat to eradicate Iranian civilisation, calling the threat “truly unacceptable.” On Sunday, he further urged world leaders to halt ongoing bloodshed, describing the war‑driving mindset as a “delusion of omnipotence.” Trump’s post also referenced the Pope’s earlier questioning of the administration’s hard‑line immigration stance, noting the pontiff’s remark that such policies might not be “pro‑life.” In his response, Trump demanded that Leo “use common sense,” stop “catering to the radical left,” and focus on being a “great Pope, not a politician.” Adding a personal jab, Trump claimed credit for the Vatican’s selection of the first U.S.-born Pope, suggesting the election was intended to curry favour with the White House. “If I wasn’t in the White House, Leo wouldn’t be in the Vatican,” he wrote, before reiterating that he is “not a big fan” of the pontiff, accusing him of “liking crime” and labeling him “very liberal.” The tension echoes past friction between Trump and the Vatican, notably with Pope Francis, who had previously criticized the president’s immigration proposals and questioned his Christian credentials. Despite the diplomatic spat, Pope Leo is scheduled to commence an 11‑day African tour on Monday, beginning with a historic visit to Muslim‑majority Algeria.