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World Economy Mar 28, 2026

Investors Bet on Trump's Iran Policy Reversals: The TACO Trade

The ongoing conflict between the US, Israel, and Iran has led to a phenomenon known as the TACO tra…
The conflict between the US, Israel, and Iran has entered its fourth week, with the Strait of Hormuz remaining effectively closed. This has led to a broadening of the global energy crisis, with the economic outlook darkening across Asia, Europe, and beyond.Japan has responded by releasing 80 million barrels of oil from its national reserves, enough to last for 45 days. The country's reliance on Middle Eastern crude oil imports stands at 90 percent.The Organisation for Economic Co-operation and Development (OECD) has warned that the conflict will have a significant impact on the UK economy, predicting inflation of 4 percent this year. UK Foreign Secretary Yvette Cooper has stated that Iran cannot be allowed to hold the global economy hostage.The uncertainty surrounding Trump's policy on Iran has led to the emergence of the TACO trade, an acronym that stands for Trump Always Chickens Out. This phenomenon refers to investors betting that the US president will back down from his threats, resulting in profits for those who bought in.Observers note that Trump's inconsistent messaging has created an opportunity for investors to bet on his policy reversals. For example, Trump extended his deadline for Iran to reopen the Strait of Hormuz from 48 hours to five days, and later promised to hold off from attacks on Iran's energy facilities for an additional 10 days. This type of about-face has opened the door to investors willing to bet that the US president will back down.Lena Komileva, chief economist at consultancy firm (g+)economics, notes that global markets have been less inclined to rebound after Trump's Iran-related policy reversals compared to similar shifts in response to his tariff policies. This is due to the complexity of the conflict and the unique objectives of the parties involved.
#trump #iran #list
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Sports Mar 28, 2026

Spain Thrash Serbia 3-0 in World Cup Warm-Up Match

Spain secured a convincing 3-0 victory over Serbia in a World Cup warm-up match, with Mikel Oyarzab…
Spain cruised to a 3-0 win over Serbia in a pre-World Cup friendly on Friday, thanks to a stellar performance from striker Mikel Oyarzabal. Oyarzabal scored two superb first-half goals, with the first coming in the 16th minute after a series of pinpoint passes led to a well-struck effort.Oyarzabal sealed his double with a tremendous shot from the edge of the box in the 44th minute. Despite dominating for most of the game, Spain's third goal did not come until the 72nd minute, when substitute Victor Munoz scored on his senior international debut after being set up by a brilliant back-heel from Ferran Torres.Spain will compete in Group H of the World Cup in the United States, Canada, and Mexico, starting against Cape Verde on June 15, followed by matches against Saudi Arabia and Uruguay. The Spanish team, who face Egypt next week, have also announced a final World Cup warm-up game against Peru.
#Spain national football team #Serbia national football team #Mikel Oyarzabal
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Politics Mar 28, 2026

Search Underway for Missing Aid Boats Bound for Cuba

A humanitarian aid convoy from Mexico to Cuba has gone missing with two sailboats and nine people o…
Mexico's Navy and the United States Coast Guard are conducting a search for two missing sailboats that were part of a humanitarian convoy to Cuba. The vessels, which departed from Isla Mujeres in Mexico on March 20, were expected to arrive in Cuba on Tuesday or Wednesday of this week. Nine people were on board the two sailboats, which were organised by the Nuesta America Convoy. The convoy has accused the US government of 'strangling' Cuba by cutting off fuel, flights, and critical supplies for survival. Cuban President Miguel Diaz-Canel expressed anxiety about the fate of the boats, stating that Cuba is doing everything possible to search for and rescue those on board. The US Coast Guard initially reported that the boats had been located, but later retracted the statement. Search efforts are currently being led by Cuba and Mexico, but the US Coast Guard has stated that it is prepared to provide support if requested. The convoy comes in response to worsening humanitarian conditions in Cuba, which has largely been cut off from foreign oil supplies since January. The US has imposed an oil blockade on Cuba, which has led to a humanitarian crisis on the island. The blockade was tightened by the Trump administration, which has signalled its desire for regime change in Cuba. Mexico and other countries have increased their humanitarian aid to Cuba amid the crisis, with Mexican President Claudia Sheinbaum sending ships laden with supplies. The Nuestra America Convoy initially sent several ships to Cuba last Friday, with one arriving safely in Havana on Tuesday with 14 tonnes of food and medicine.
#Mexico #Cuba #US Coast Guard
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Environment Mar 28, 2026

Cambridge University Revives Botany Course That Inspired Charles Darwin

Cambridge University is reviving a botany course that inspired Charles Darwin, using rare archive m…
Cambridge University is launching a four-week summer course in botany, inspired by a course taught by Prof John Stevens Henslow to Charles Darwin in the 1820s. The course will use original teaching materials, including plant specimens and illustrations, to teach students about botany.The course aims to address the gap in botany education in the UK, where the subject has largely disappeared as a standalone degree. Dr Raphaella Hull, acting head of learning for Cambridge University Botanic Garden, said that the course will teach students about botany using hands-on techniques and field excursions.The course is based on Henslow's pioneering approach to teaching botany, which emphasized the importance of observing and understanding plant diversity. Henslow's use of illustrations on his course was groundbreaking, and he is credited with influencing Darwin's later theory of evolution.Prof Sam Brockington, curator of Cambridge University Botanic Garden, said that the course is designed to be an immersive program in botany, and that Henslow's approach to teaching botany is still relevant today.
#henslow #darwin #botany
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World Economy Mar 28, 2026

UK's Electric Vehicle Fleet: A Potential Solution to Fuel Reserve Worries

The UK's adoption of electric vehicles could significantly reduce its petrol and diesel consumption…
The ongoing Iran war has led to a surge in petrol and diesel prices, sparking concerns about fuel rationing across Europe and calls for Britain to increase North Sea oil and gas production. However, experts suggest that a more effective solution lies in promoting electric vehicles (EVs). According to analysis by Mandala Partners, if the UK had the same proportion of electric cars as Norway, its fuel reserve could increase by seven days. Currently, the UK has about three weeks' worth of car fuel in reserve. Norway leads the world with nearly 32% of its cars being fully electric, compared to 5.4% in the UK. Even with the existing number of electric and hybrid cars on British roads, they are already saving about two days' worth of fuel. This is particularly significant given that Shell's chief executive, Wael Sawan, has warned that Europe could face fuel shortages as early as April if the Strait of Hormuz remains closed. The potential impact of EVs goes beyond just reducing petrol and diesel consumption. Every electric car charged from the grid rather than the pump extends the country's fuel reserves. Moreover, with the right technology, EVs could become an active buffer against future energy shocks by storing and resharing energy. Vehicle-to-grid technology, which allows EVs to send energy back into the power grid, could make a significant difference in an energy supply crisis. An electric car usually holds about 40 kilowatt-hours of power, enough for an average UK home for several days. This technology could enable millions of car batteries to supply power to the grid when demand spikes. Despite these benefits, the adoption of EVs and vehicle-to-grid technology faces challenges. Tax policy is a significant barrier, as EV owners pay tax on electricity when filling their car battery and again when selling it back to the grid. Additionally, the hardware for two-way charging is not yet widely available, although many electric cars are already capable of it. The energy regulator Ofgem has suggested that if half of the expected 11m EVs on UK roads by 2030 were capable of two-way charging, they could send 16 gigawatts of power back to the grid each day, almost half the output of Britain's gas-power station fleet.
#electric #britain #car
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Sport Mar 28, 2026

Sinner Dominates Zverev to Reach Miami Open Final Against Lehecka

Jannik Sinner continued his dominance over Alexander Zverev, winning their semi-final match at the …
Jannik Sinner has advanced to the Miami Open final after defeating Alexander Zverev in a thrilling semi-final match. The Italian player secured a 6-3, 7-6 (4) win, showcasing his exceptional skill and mental toughness on the court.The match began with both players displaying remarkable resilience, but Sinner's superior ranking and form eventually told. Sinner fired down 15 aces and landed 74% of his first serves, winning 79% of points behind them. His serve has been a key factor in his success, with him losing his serve just once over the past two weeks.This victory marks Sinner's seventh consecutive win over Zverev, highlighting his dominant head-to-head record between the two players. Sinner now stands a win away from achieving the 'Sunshine Double', winning consecutive titles at Indian Wells and the Miami Open.In the final, Sinner will face Jiri Lehecka, who produced an impressive performance to defeat Arthur Fils with a score of 6-2, 6-2. Lehecka's powerful serve and precise returns will pose a significant challenge to Sinner, making the final match highly anticipated.Sinner expressed his satisfaction with his performance, stating that standing in the final 'means very much to me.' He emphasized his goal of playing as many matches as possible and is thrilled with his current form.
#his #sinner #zverev
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Media Mar 28, 2026

BBC Arabic Defends Its Coverage of Israeli Perspective in the Region

BBC Arabic's director, Fiona Crack, defends the service's coverage of the Israeli perspective in th…
BBC Arabic has faced sustained criticism in recent years for its selection of coverage and for featuring guests who have expressed antisemitic views on social media. However, Fiona Crack, the director of the BBC World Service, has defended the service, stating that it provides a unique and important perspective in the region.Crack argued that without BBC Arabic, the Arab world would lose one of the only independent and impartial outlets reaching nearly 40 million people in the region each week. She highlighted the service's coverage of the Gaza war, where it provided an Israeli perspective and Israeli experience that may not have been reported otherwise.The service has also been praised for reporting on serious incidents in the region that were ignored by other media, such as the big oil refinery fire in Saudi Arabia and jets that were brought down. Crack noted that many countries in BBC Arabic's region feature low down in media freedom rankings compiled by Reporters Without Borders, with Syria ranked 177th, Afghanistan 175th, Egypt 170th, the UAE 164th, and Saudi Arabia 162nd.Crack acknowledged that the service has made mistakes, but emphasized that they have apologized for them and taken steps to strengthen their systems. She also highlighted the importance of public service media in the region, stating that it is under threat and should be protected.
#bbc #arabic #there
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Sports Mar 28, 2026

Josh Kerr Plans to Break El-Guerrouj's 25-Year-Old World Mile Record

British runner Josh Kerr plans to break the 25-year-old world mile record at the London Diamond Lea…
For British runner Josh Kerr, the moment that makes the hairs on his neck tingle every time he watches it is Roger Bannister's historic achievement in 1954 – becoming the first person to break the four-minute mile barrier. Now, Kerr intends to stand on the shoulders of track and field's giants by attempting to break the world mile record himself at the London Diamond League in July."This record needs to be brought home," Kerr declares. "This is a British record. This is a British distance. And so it would be doing a disservice to the UK to not be doing it at home. It's why I can't do it anywhere else."The 28-year-old faces a significant challenge. The world record of 3:43.13 was set by Hicham El-Guerrouj in July 1999, while Kerr's best is a shade over two seconds slower. However, with focused training, a new shoe from sponsor Brooks, the support of his 16-strong entourage and 60,000 fans at the London Stadium, Kerr believes he can break the long-standing record."People [say:] 'The sport needs more rivalries,'" Kerr explains. "I don't agree. I think the sport needs more moments. We need a reason to watch. And so that's where this comes from. This is the time to go after these big moments. I have a big target of what time I want to hit. I think it's going to be pretty special."Kerr's credentials are impeccable. He is a world 1500m champion and an Olympic silver and bronze medalist over the same distance. Last weekend, he further demonstrated his form by winning the world indoor title over 3,000m for a second time."I've been in shape to run the record multiple times over the last couple of years," Kerr states. "And so there's specific key sessions, we will have KPIs [key performance indicators] going into it."To achieve his goal, Kerr plans to focus on running between 55 and 56 seconds pace for each of the four laps. "There's a lot of muscle memory with stuff, and so we'll do a lot of training at pace," he explains. "We're three or four months in deep into the mental training of it. There's a lot going on behind the scenes already. The whole season is towards this."While Kerr has his pacemakers "signed, sealed and delivered," he insists this will be a proper Diamond League race rather than a time trial. "There will be some restrictions," he says coyly when asked about potential rivals. "I'm not scared to race people. I think certain athletes will have obligations elsewhere. But it's not going to be a closed-off race."A crucial factor in Kerr's favor is the quality of his support team. "Danny's the mastermind behind everything," Kerr says of his coach Danny Mackey. "He's my head coach and team leader. Then you've got Julian, who's an assistant coach, and my wife, who helps with everything."The team also includes Kerr's mother as head physio, a "super-manager and assistant" called Nicole, a chiropractor, massage therapist, two strength and conditioning coaches, a performance and mental coach, a nutritionist, a full-time chef, and a videographer and social media assistant. Race agent Ray Flynn and management company Forte complete the 16-strong squad."I have a lot of respect for this record," Kerr concludes. "But I believe that I have the ability and the people around me that will help me get there. This record is one of the most important we have in track and field. The time is now. It's time for that record to be renewed."
#Josh Kerr #Hicham El‑Guerrouj #London Diamond League
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Sports Mar 28, 2026

Martínez's Dream-Led Philosophy Fuels Portugal's World Cup Charge

Portugal coach Roberto Martínez reflects on his unlikely journey from Spanish unknown to national t…
In the hallway at the Portuguese federation's base in Oeiras near Lisbon, Roberto Martínez stands with arms outstretched, embodying the warmth of welcome that has defined his coaching career. Seventy-five days before the World Cup begins, the man whose favorite goal was against Scunthorpe at Springfield Park now leads one of football's most formidable nations, with matches against Mexico and the United States serving as final preparation for the tournament.Martínez's journey to this moment defied conventional expectations. Arriving in England in 1995 as a 21-year-old unknown who didn't speak English, he recalls the cultural shock: 'You've spent your whole life learning you have to look after the ball, then you get there and the first thing they say is: 'Second ball'.' The Spanish midfielder, who would later be dubbed one of the 'Three Amigos' at Wigan, embraced the challenge with an attitude that has defined his career: 'Why not?'From his humble beginnings at Wigan, where he helped win the Third Division and Football League Trophy, Martínez has carved an extraordinary path through football. His coaching career took him through Swansea, Belgium—where he led the team to the world's No. 1 ranking—and now Portugal, where he has inherited a squad filled with exceptional talent. 'Portugal is a football school,' he explains, 'Ten million people and yet they fill the world's best dressing rooms.'Central to Portugal's World Cup aspirations is Cristiano Ronaldo, the legendary forward who has given 21 years to the national team. Martínez dismisses the notion that Ronaldo's pursuit of 1,000 career goals defines his motivation, instead emphasizing the 40-year-old's unwavering commitment: 'Cristiano's attitude is always: 'I'm here for the national team, whatever you need.' The coach reveals that despite a current hamstring injury, Ronaldo's absence is merely a two-week pause before his return to action.Portugal enters the World Cup as one of the favorites, with a squad boasting captains from Manchester United, Porto, Manchester City, and four key players from European champions Paris Saint-Germain. 'Winning the Nations League was very good for us,' Martínez notes, referring to their victory against Spain, the world's No. 1 team and European champions. 'I wouldn't say there's an anxiety in Portugal to win the World Cup; I would say it's excitement, hope.'The coach's meticulous preparation extends to every detail, including playing at altitude in closed stadiums to simulate World Cup conditions. His selection process reflects both compassion and pragmatism: 'I'll choose a list of 26 and four others who know they are on standby.' This approach, he believes, creates a more positive environment when injuries occur.Martínez acknowledges the unique challenges of a 48-team World Cup spanning 50 days, noting: 'No scientific study would deny a human is changed by that.' Yet he remains optimistic, drawing inspiration from Portugal's football history and the numerological significance of 2026—sixty years since Eusébio's World Cup performance. 'It's all sixes. Let's dream. Why not?' he concludes, embodying the philosophy that has taken him from Spanish unknown to Portugal's World Cup dreamer.
#mart #nez #you
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