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Shares of Close Brothers, a UK-based specialist lender, jumped 17% on Wednesday following the bank's announcement that it can easily absorb the cost of a £320m compensation bill related to the car finance scandal. The Financial Conduct Authority's (FCA) compensation scheme, finalized last week, aims to address the issue of drivers being overcharged for loans due to commission payments between lenders and car dealers.The bank expects to pay out approximately £320m in compensation, which is 'broadly similar' to previous estimates and only £26m more than the £294m already set aside. Close Brothers stated that this additional amount can be 'comfortably absorbed by existing capital resources,' ensuring the group remains well-positioned to continue its strategy.The FCA's compensation scheme estimates that victims will receive an average payout of £830. This development has provided relief to investors, especially after concerns were raised by short seller Viceroy Research, which suggested that Close Brothers might need to significantly increase its provision for car finance losses.In contrast, Close Brothers' rival, FirstRand, announced hours earlier that it would sell its UK operations, citing frustration with the FCA's compensation scheme, which it described as 'deeply flawed.' FirstRand stated it would need to raise an extra £510m to cover compensation costs, taking its total provisions to £750m, and potentially slash its earnings forecast and offload its UK business.

The World Health Organization (WHO) has suspended medical evacuations from Gaza to Egypt after a contract worker was killed by Israeli fire. The incident occurred on Monday, and WHO Director General Tedros Adhanom Ghebreyesus expressed his devastation over the confirmation of the worker's death.The WHO did not elaborate on the incident but stated that it was under investigation by the relevant authorities. Two staff members who were present during the incident were not injured. The medical evacuation of patients from Gaza via Rafah to Egypt, which had been planned for Monday, was suspended, and further evacuations will remain suspended until further notice.The Rafah crossing, which is the only crossing in Gaza that does not link to Israel, was reopened in February after a long closure by the Israeli military. This crossing is crucial for the entry of humanitarian supplies and for those in need of medical aid to leave and seek treatment abroad. The WHO has been overseeing coordination between Egypt and Israel since the opening of the Rafah crossing to facilitate those evacuations.However, crossing numbers have been far below expectations due to intense checks during the process by the Israeli authorities. Israel has also continued to limit the entry of humanitarian aid into the besieged territory and shut the crossing in the early days of the United States-Israeli war on Iran. Israel has repeatedly violated the ceasefire that came into force on October 10 after two years of devastating war.Referring to the incident on Monday in which a driver of a WHO car was killed, Israel's mission in Geneva said troops identified an unmarked vehicle approaching them and posing an immediate threat and they fired warning shots in response. The vehicle continued to accelerate towards the troops, who then responded with additional fire, and a hit was identified. The incident is under review.

Bryson DeChambeau, a two-time major winner, has taken an unconventional approach to improving his game: he's started making his own golf clubs. The decision was revealed during pre-tournament media duties at the Masters, showcasing his commitment to innovation and self-improvement. DeChambeau emphasized that his drive for innovation is a key aspect of his personality, stating, “I think it’s the willingness to always try to improve… There’s this nature that I have about myself where innovation is a habit of mine and I really find and take pride in that ability to learn, even through failure.” He has been experimenting with various clubs, including wedges and irons, and is also working on building his own driver. “Then I am working on irons, building irons, building a driver. So we’ll see where it goes, we’ll see where it takes me. All I could say is, if I don’t put them in the bag, it’s my fault now.” This move comes after a public feud with Cobra, a manufacturer he previously used, where he criticized their driver, leading to a heated exchange. DeChambeau's new approach allows him to have full control over his equipment, “It’s my own personal clubs I’m building. With myself.” DeChambeau returns to Augusta National with a desire to redeem himself after a disappointing performance in 2025, where he was outplayed by Rory McIlroy in the final round. A potential rivalry between DeChambeau and McIlroy could add excitement to the tournament, with DeChambeau expressing his respect for McIlroy while also highlighting his competitive drive: “Do I respect him as an individual? 100%. Do I want to beat him every time I see him? Absolutely.”

Vietnam’s gig‑economy is under pressure as fuel prices soar following the Iran‑related blockade of the Strait of Hormuz. Nguyen, an e‑hailing driver in Ho Chi Minh City, reported that a 7‑hour shift earned him 240,000 VND (≈$9.11) while fuel alone cost 120,000 VND (≈$4.56), wiping out half his income.Diesel prices have more than doubled and petrol has risen by almost 30 %, straining riders who rely on motorcycles – the dominant transport mode in a city of over 7 million two‑wheelers.In response, Prime Minister Pham Minh Chinh announced a temporary suspension of the environmental tax on diesel, petrol and aviation fuel until 15 April, a move that will forfeit an estimated $273 million in revenue but aims to curb the price surge.Experts warn the shock highlights Vietnam’s vulnerability to external conflicts. Nguyen Khac Giang, a visiting fellow at the ISEAS‑Yusof Ishak Institute, said the tax cut is essential to “keep macro‑economic stability intact” amid “turbulence outside Vietnam”.Beyond gig workers, the ripple effect reaches public transport and airlines. Bus operators have raised fares by 3,000 VND (≈$0.11) yet still face losses, while Vietnam Airlines and Vietjet have trimmed flight schedules.Gig workers lack collective bargaining power. Do Hai Ha, a University of Melbourne research fellow, noted that platform drivers “have no chance to negotiate with the platforms” and are excluded from minimum‑wage or overtime protections, forcing many to work longer hours for diminishing returns.Small‑scale entrepreneurs are also feeling the pinch. A fisherman from Binh Thuan reported that his catch price fell from 800,000 VND (≈$30) to 650,000 VND (≈$24) as fuel costs climbed, while a bus fare collector on route 13 said the company cannot absorb the higher fuel bill despite modest fare hikes.Households are cutting back on essential goods. Uyen Pham of Saigon Children’s Charity observed that the price of bottled cooking gas has nearly doubled, prompting low‑income families to revert to wood‑fuel stoves and limit travel to see relatives.The crisis is prompting a strategic rethink on energy policy. Giang warned that Vietnam’s reliance on just two refineries – which currently meet only 40 % of national petrol demand – is unsustainable, urging accelerated investment in domestic refining capacity.Corporate responses are already shifting. Vingroup, the country’s largest conglomerate, announced it would pause a planned LNG‑fired power plant and redirect funds to renewable projects, citing “significant risk of high fuel prices” linked to the war.For workers like Duy, who runs a café near a petrol station, the tax suspension offers modest relief: projected price cuts of about 25 % for petrol and 5 % for diesel could ease daily expenses that had briefly doubled.

Majdi Aslan, a 54‑year‑old WHO driver, was killed on Monday when Israeli troops opened fire on a vehicle carrying World Health Organization staff in eastern Khan Younis. Several other passengers, including a WHO doctor, sustained injuries.The incident occurred near the so‑called yellow line on Salah al‑Din Street, an area that has seen near‑daily Israeli strikes since a fragile ceasefire was brokered in October. Gaza’s Health Ministry reports that more than 700 Palestinians have been killed in the renewed wave of violence.According to Al Jazeera correspondent Hani Mahmoud, Israeli forces fired indiscriminately at people and vehicles traveling along the road. A civilian commercial vehicle was followed by a car transporting WHO personnel; the WHO driver was hit in the head and later pronounced dead at Al‑Aqsa Hospital, while roughly seven others were wounded.WHO did not immediately confirm the victim’s employment but issued a statement saying a “critical security incident” had occurred and that medical evacuations from Gaza via the Rafah crossing were suspended with immediate effect. The organization has been coordinating limited patient transfers through Rafah since the crossing reopened earlier this year.The suspension comes as Israel continues to restrict humanitarian aid entry and has repeatedly closed the Rafah crossing, especially as the broader U.S.–Israel conflict with Iran draws international focus. The halt threatens the already strained access to life‑saving treatment for thousands of injured Palestinians.Elsewhere on Monday, a Palestinian man with special needs was killed by Israeli soldiers in southern Khan Younis, a drone strike in Gaza City claimed a 36‑year‑old civilian, and two more Palestinians died in drone attacks on the Yarmouk and Shujayea neighborhoods. Hospital sources say eight Palestinians have been killed by Israeli air strikes outside areas under Israeli control since Sunday.

Yemen's civilians are bracing for the worst as the country's Houthi rebels have entered the war against Iran, sparking fears of a new chapter of suffering in a nation already grappling with a critical humanitarian situation. The involvement of the Houthis, who control the capital city of Sanaa, has raised concerns among locals about potential Israeli retaliation, which could trigger displacement, fuel shortages, and inflation. Yasser, a 45-year-old ice cream shop owner in Sanaa, expressed his worries about the impact on his business and family. “The moment Israel begins its military response to the Houthis, we will lose the little comfort we have today. Fear, price hikes, and fuel shortages will suffocate us. The end of the conflict is unpredictable,” he said. The Houthis' decision to enter the war has been met with a mix of fear and support from civilians. While some, like Ammar Ahmed, a 28-year-old taxi driver, are worried about the safety of their families and the potential for Israeli attacks on residential areas, others, like Mohammed Ali, a 26-year-old university graduate, have expressed their support for the Houthi leadership and their faith in their ability to withstand the conflict. Economists warn that Yemen's already crippled economy would decline further if the country becomes a new front in the widening conflict in the region. Wafiq Saleh, a Yemeni economic researcher, noted that the escalation will drive up prices for essential imports, including food, fuel, and medicine, as shipping and insurance costs rise. The humanitarian situation in Yemen is already dire, with United Nations reports indicating that the escalating conflict in the wider region risks exacerbating the country's economic situation and disrupting vital humanitarian and commercial supply chains.

Elvira Notari—Italy’s first and most prolific female filmmaker—crafted a vivid portrait of early‑20th‑century Naples through melodramas such as È piccerella (1922). The film opens with bustling pilgrimage scenes at the Candelora festival, juxtaposing flamboyant revelry with stark images of poverty, a visual strategy that challenged the sanitized narratives favored by the fascist regime.According to film scholar Giuliana Bruno, Notari’s work was driven by a desire to document reality, exposing class tensions and gendered oppression that Mussolini’s censors deemed unacceptable. A 1928 censorship law explicitly banned Neapolitan films featuring “stallholders, beggars, urchins, dirty alleyways,” effectively silencing Notari’s authentic street‑level storytelling.Despite directing around 60 feature films—many hand‑coloured—alongside her husband Nicola at Dora Film, only three titles (A Santanotte, È piccerella, Fantasia ‘e surdato) and fragments survive today, a loss directly attributable to fascist suppression and the prohibitive cost of sound‑film conversion.The newly released documentary Elvira Notari: Beyond Silence, produced by Antonella Di Nocera and directed by Valerio Ciriaci, reconstructs Notari’s fragmented career by collaborating with contemporary “artisans”—photographers, visual artists, novelists, and musicians who reinterpret her silent‑film aesthetics. Ciriaci notes that the absence of personal archives made the film’s investigative approach essential, turning Notari’s silence into a creative catalyst.Critics emphasize Notari’s lasting influence on Italian‑American auteurs such as Francis Ford Coppola and Martin Scorsese. Elements of her chaotic street festivals anticipate the wedding scenes in *The Godfather* and *Goodfellas*, while her raw urban tableaux echo the gritty New York sequences of *Taxi Driver*.Beyond cinematic technique, scholars like Cristina Jandelli argue that Notari’s intertitles reveal a pronounced class consciousness and a critique of women’s marginalisation in early 20th‑century Italy. Her use of Neapolitan dialect and unvarnished depictions of squalor directly opposed the regime’s propaganda‑driven vision of a unified, pristine Italy.After Dora Film collapsed in 1930, Notari retired to Cava de’ Tirreni and died in 1946, largely forgotten until recent scholarly revival. The documentary positions her as a “symbol of the right to memories,” underscoring the ongoing relevance of silenced female voices in cultural history.*Elvira Notari: Beyond Silence* will premiere at New York’s Film Forum on 6 April 2026 and tour the United Kingdom throughout April and May, offering audiences a chance to reconnect with a pioneering filmmaker whose work was once erased by fascism.

Australia’s recent fuel squeeze is reshaping the second‑hand car market, with used electric vehicles (EVs) now commanding higher prices while traditional petrol and diesel models face steep discounts.MotorMetrics’ live inventory data shows that dealers have lifted prices on a range of EVs, most notably a more than 6% increase for the Tesla Model Y during the final two weeks of March. Similar upward pressure is evident for the Model 3, MG4 and Polestar 2, indicating dealer confidence that new stock will settle at these elevated levels.At the same time, the supply of used EVs is tightening, creating a classic demand‑supply imbalance that fuels price growth.Conversely, the same data reveal that many used diesel and petrol vehicles have been slashed by as much as 20%, reflecting a rapid shift in consumer preference toward electric power as fuel costs climb.Rental platform Turo reports a 70% jump in bookings for EVs and hybrids compared with the same period last year. Managing director Rob Chan describes the surge as a “unique wave of consumer interest” reminiscent only of the post‑pandemic “revenge travel” boom.Australia’s EV fleet is expanding steadily; the Electric Vehicle Council estimates that over 454,000 battery‑electric and plug‑in hybrid vehicles were on the road at the end of 2025, giving EVs roughly 13% of new car purchases. Analysts expect this share to rise further as more models enter the market and charging infrastructure improves.Economist Peter Esho warns that while oil shocks are not new, this one “could very well be one of the last”, as the current price environment makes EVs a financially sensible alternative for many drivers.Petrol prices rose almost daily throughout March across major cities, only easing after a government fuel‑excise cut. In parallel, Commonwealth Bank data shows a 161% increase in weekly loan volume for new battery‑electric vehicles in March versus February, underscoring growing consumer financing for EVs.Individual stories echo the broader trend. Sydney motorist Har Rai Singh, who rented several EVs through Turo to test long‑distance capability, says he now sees little reason to stick with a combustion engine, noting that “people are waiting for petrol pumps and paying over $100 to fill a tank – it doesn’t make sense any more to hold on to a combustion engine.”

Romanian director Radu Jude is known for his wildly improvised and low-budget filmmaking style, often incorporating elements of TV ads, AI-generated content, and amateur dramatics into his movies. His latest film, 'Dracula', continues this trend, presenting a satirical take on Romania's dark past and the country's most reliable export: the legend of Dracula. The film is a meta-cinematic experiment, featuring a smug and supercilious film-maker, Adonis Tanta, who introduces the audience to his cheapo film about Dracula, created on his iPad using unbearable AI. The story is interspersed with set-piece mini-films-within-a-film on Dracula-adjacent themes, including a communist-era tale of a truck driver who falls in love with a local woman. Jude's film is a scathing critique of Romania's persistent strains of fascism, antisemitism, clerical arrogance, exploitative service economy, and stakeholder capitalism. Specifically, it relates to a proposal for a Dracula theme park in the late 1990s, in which thousands of Romanian citizens invested money that they would never see again. While the film may test the audience's patience at times, it features moments of startling insanity and is a testament to Jude's innovative filmmaking style. As the reviewer notes, 'one day, I predict, Jude will make a biopic of political vampirism about the most pressing Romanian subject of all: Nicolae and Elena Ceaușescu.' 'Dracula' is set to premiere at the ICA in London on April 10.