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Japan's Prime Minister, Sanae Takaichi, announced on Friday that the country will release additional oil reserves early next month, equivalent to roughly 20 days' worth of oil, to ensure a stable supply of crude oil. This move comes as concern grows over energy shortages caused by the crisis in the Middle East.This will be the second time Japan has dipped into its strategic reserves since the US-Israel war on Iran started in February. Last month, Takaichi approved the release of 50 days' worth of oil, the government's biggest ever release, in an attempt to head off a spike in prices.Japan has enough oil in reserve to last 230 days, but it also imports 95% of its crude oil from the Middle East, most of which is transported through the Strait of Hormuz. The country is trying to secure oil from locations that do not ship via the Strait of Hormuz, amid uncertainty over whether the waterway will fully reopen after a two-week conditional ceasefire announced by Donald Trump this week.By May, Japan should be able to secure more than half of its oil imports via other routes, Takaichi said, although she did not provide details. The industry ministry has said that potential new sources for imports could include Yanbu on Saudi Arabia's Red Sea coast and the Port of Fujairah in the United Arab Emirates.The decision to tap into oil reserves for a second time came as pressure grew on Japan's government to resist US pressure to become militarily involved in the conflict. More than 100 demonstrations were held across the country on Wednesday, with protesters urging Takaichi to abide by the postwar constitution, which forbids Japan from using the threat or use of force as a means of settling international disputes.

Rory McIlroy, the defending champion, has made a flying start to his title defence at the Masters Tournament, carding a 67 to share the lead with Sam Burns after the first round. McIlroy's score of five under par puts him just one shot shy of the best first-round score by a reigning Masters champion. His round included birdies at the 9th, 13th, 14th, and 15th holes, with a saved par at the last despite finding sand from the tee. The Northern Irishman expressed relief at feeling unburdened, stating, “I think winning a Masters makes it easier to win your second one.” He added that knowing he can put on his Green Jacket and have a Coke Zero at the end of the day helps him make crucial swings without worrying about the outcome. McIlroy's position is strong, but he is not alone in the lead. Sam Burns, who has had a curious history at Augusta, also carded a 67 to share the top spot. Burns has missed the cut twice in four previous Masters appearances but showed promise with his first-round performance. Other notable players include Justin Rose, who shot a 70 and could set up a potential rerun of last year's playoff. Patrick Reed, Kurt Kitayama, and Jason Day are also in contention, having carded scores of 69. Shane Lowry and Xander Schauffele are also well-placed, with Lowry predicting a tough week ahead due to the forecast. The tournament is expected to become increasingly challenging, with Lowry warning that the course will get “very, very crusty” as the week progresses. McIlroy, however, seems relishing the battle, having overcome his historical struggles at Augusta.

The International Monetary Fund has cautioned that the US‑Israel war on Iran could ignite a new wave of global inflation, jeopardising the outlook for world growth even if the current cease‑fire endures. IMF Managing Director Kristalina Georgieva announced on Thursday that the Fund will lower its growth projection for the global economy at next week’s IMF‑World Bank Spring Meetings, stating that the conflict has turned a potential upgrade into a growth downgrade. Earlier this year the IMF had lifted its forecast to 3.3 % growth for the 191‑member economies. That optimism evaporated after the war erupted on 28 February, driving up oil and natural‑gas prices, damaging energy infrastructure such as refineries and tanker terminals, and disrupting fertilizer shipments essential for global agriculture. Georgieva warned that the conflict is eroding business and consumer confidence and urged member nations to “get your house in order” as heightened defence spending adds further strain to the world economy. She also expressed confidence that the IMF will secure U.S. congressional approval this year for a 50 % increase in quota‑based lending resources, unlocking more of its roughly $1 trillion lending capacity. The United States, the Fund’s largest shareholder, would thereby provide crucial financial reassurance amid uncertain future developments. In a newly released report, the IMF estimated that countries directly involved in armed conflict typically see output fall by about 3 % at the outset, accumulating to roughly 7 % losses over five years. However, the study noted that economies like the United States may avoid severe economic damage because the fighting does not physically affect their own territory. Central banks are also on alert. Georgieva emphasized that “the central bank cannot afford to let inflation spiral out of control,” a statement that precedes the U.S. Federal Reserve’s two‑day policy meeting scheduled for 28–29 April, where interest‑rate decisions will be made amid political pressure from President Trump to lower rates. Other monetary authorities, including the Bank of Mexico, warned that the Middle‑East turmoil could push inflation higher in Latin America’s second‑largest economy, underscoring the broader spill‑over risks of the conflict.

The LA28 Olympics has opened ticket sales globally after a record-setting first week of local presales, underscoring strong early demand for the Games. The organisers reported that they sold more tickets in the first week than any previous Olympic Games had in their opening week.The initial phase of ticket sales was limited to residents of the Los Angeles and Oklahoma City areas, with hundreds of thousands of $28 tickets snapped up by local buyers. However, some buyers complained about high costs and fees, and a lack of ticket availability.“The success of the locals presale speaks for itself,” LA28 CEO Reynold Hoover said in a statement. “We’re thrilled by the level of interest and enthusiasm in tickets to the Games.”The global sales launch, known as “Drop 1,” runs through April 19 for fans who were selected through a draw and assigned time slots. Tickets are available across Olympic events, including the opening and closing ceremonies.Organisers acknowledged that some fans experienced sticker shock after a marketing push around the $28 entry-level tickets, only to find many of the cheapest seats had already gone quickly or that some events were priced much higher.Allison Katz-Mayfield, LA28’s senior vice president for games delivery revenue, told the Reuters news agency that the outcome was not unexpected because the least expensive tickets were always likely to move fastest.“We really wanted to make sure that the locals had access to the most affordable tickets, and we saw that come to life through this presale,” she said, adding that more low-cost inventory would be released in future sales phases.LA28 said more than 1 million tickets priced at $28 will ultimately be made available to the public. Nearly half of all Olympic tickets are priced under $200, while more than three-quarters, including finals, are less than $400. Only about 5 percent of tickets cost more than $1,000, organisers said.The organising committee is under pressure to show it can deliver a fiscally responsible Games without burdening taxpayers, who could be on the hook for cost overruns. LA28 has said its more than $7bn operation will be funded principally through ticket sales, sponsorship and hospitality.

Iran's supreme leader, Mojtaba Khamenei, has declared a 'final victory' in the war against Israel and the United States, despite a fragile ceasefire being threatened by Israel's continued offensive on Lebanon.Marking 40 days since his father, Ayatollah Ali Khamenei, was killed in a US-Israeli attack, Khamenei stated that Iran had 'astonished the world' during the course of the war. He emphasized that Tehran is not seeking war but is fighting for its legitimate rights.Khamenei warned that Iran will not leave 'criminal aggressors' unpunished and will demand compensation for damages and the blood of martyrs and the wounded. He also mentioned that Iran will move towards a 'new phase' regarding the Strait of Hormuz, which has been effectively blockaded since the war began.The US and Iran agreed to a two-week ceasefire mediated by Pakistan, allowing for negotiations to take place. However, Israeli air strikes across Lebanon on Wednesday killed over 300 people, threatening the truce amid disagreements on whether Beirut was part of the agreement.Khamenei stated that Iran is ready to respond if attacks resume, saying 'our hands are on the trigger'. Despite this, he emphasized that Iran will not renounce its legitimate rights under any circumstances, considering the entire resistance front as a whole.Delegations from Iran and the US are expected in Pakistan on Saturday to hold talks on ending the war.

The fertility rate in the United States has dropped to an all-time low, continuing a two-decade decline that has seen births in the country drop by nearly 23 percent since 2007.According to data released by the US Centers for Disease Control and Prevention (CDC), the fertility rate for 2025 was 53.1 births per 1,000 women aged 15 to 44, a one percent drop compared to the year before.Experts attribute the change to a variety of factors, from changing priorities among younger women to socioeconomic factors such as anxiety over the cost of living and the affordability of housing and childcare. For example, the average cost of childcare in California is nearly $22,000 per year, while in Alabama it is nearly $8,000.Even though Alabama's costs are lower, the institute noted that $8,000 is the equivalent of 27 weeks of full-time work for a laborer making the minimum wage in the state. In California, it would take a minimum-wage worker 33 weeks to earn enough for childcare costs alone.Falling birth rates have also grabbed the attention of policymakers, with some seeking to roll out tools to incentivize young couples to have children. The administration of United States President Donald Trump promised to embrace pro-birth policies, sometimes referred to as pro-natalist policies.

Saudi Arabia has halted operational activities at several energy facilities due to recent attacks, according to the Saudi Press Agency. The attacks targeted oil, gas, and electricity sites in Riyadh, the Eastern Province, and Yanbu Industrial City.The attacks resulted in the death of one Saudi national from the industrial security personnel of the Saudi energy company, with seven others injured. The attacks have reduced the kingdom's oil production capacity by approximately 600,000 barrels per day.The Gulf countries, including Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar, have faced repeated drone and missile attacks from Iran over recent weeks. These attacks have contributed to increased volatility in the oil market, affecting the security of supply for consuming countries.Oil prices have jumped upward as the world weighs the prospects of a shaky Iran-US ceasefire and possibly the full reopening of the Strait of Hormuz, a vital oil transit point that Iran has effectively blocked during the conflict.The ceasefire, announced by US President Donald Trump, has been placed in doubt due to Israel's ongoing daily attacks on Lebanon and Iran's attacks on the Gulf countries. Several leaders around the world have called for Lebanon to be included in the ceasefire.

Pakistan's capital, Islamabad, is preparing to host critical talks between US and Iranian officials this weekend, in a bid to revive a faltering ceasefire and bring an end to the devastating conflict in the Middle East.The negotiations, scheduled to begin on Saturday, will be led by US Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf, with Pakistani officials facilitating the discussions.The talks are taking place against a backdrop of escalating tensions in the region, with Israel's intensified bombing of Lebanon and Iran's attacks on its Gulf neighbors. A two-week ceasefire was agreed upon by both Washington and Tehran, facilitated by Pakistan, but it is already under strain.Key issues on the agenda include Iran's 10-point proposal for peace, which calls for Iranian oversight of the Strait of Hormuz, the withdrawal of US combat forces from the Middle East, and a halt to military operations against allied armed groups. The US has not formally accepted these terms, but President Trump has described the plan as 'workable'.One of the major obstacles to a lasting settlement is Israel's continued aggression in Lebanon, which has resulted in over 200 deaths. Iran has warned that it may abandon the ceasefire if Israeli strikes continue, while the US has insisted that the ceasefire terms do not cover Lebanon.Despite the challenges, analysts believe that a modicum of agreement between the US and Iran on key issues, such as the nuclear issue and the Strait of Hormuz, may be possible. However, Israel's absence from the talks is seen as a significant structural challenge to a lasting settlement.

A tragic incident unfolded early on Thursday off the northern coast of France, near Calais, as four people died while attempting to board an inflatable dinghy to cross the English Channel to the UK. The group of migrants waded into the sea to reach a small boat positioned offshore, but things went wrong, and they struggled in the water.Christian Fourcroy, the mayor of Equihen-Plage, confirmed that two women and two men lost their lives in the incident. A fifth person remains in a critical condition. Emergency services launched a rescue operation along the coastline between Equihen and Ecault, France, and 38 other people were rescued, including one with a medical emergency.The Boulogne prosecutor has opened an investigation into the deaths. This incident is part of a surge in attempted crossings and deaths in recent days. French maritime authorities reported rescuing 102 people in two separate operations on Wednesday while trying to cross the channel. Just last week, two people died in a similar incident off the coast north of Calais.Despite heightened enforcement efforts by France and the UK, 4,776 people crossed the channel between January 1 and April 4 this year, following over 41,000 crossings in 2025. The UK remains a destination for many undocumented migrants due to family ties, language, and the prospect of work. However, the journey is frequently perilous, with overcrowded boats and unpredictable conditions putting lives at risk.The issue has intensified political debate across Europe, with Paris and London seeking to deter crossings through a 'one in, one out' scheme, allowing some migrants to enter the UK legally in exchange for the return of others who arrive by boat. Rights groups argue that such measures fail to address the root causes driving people to risk the journey, emphasizing the need for safer pathways to be created.