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Economy Apr 10, 2026

Japan to Release Additional Oil Reserves Amid Middle East Crisis

Japan will release additional oil reserves in early May to address growing concerns over energy sho…
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.
#Japan #Strategic Petroleum Reserve #Middle East crisis
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Entertainment Apr 10, 2026

Netflix's Thrash Review: A Shark Thriller That Falls Flat

The Netflix original movie 'Thrash', a shark thriller, has been panned by critics for its poor prod…
Netflix's vast library of content often includes films that were initially intended for theatrical release but end up being off-loaded to the streaming platform. The latest example is 'Thrash', a shark thriller that was previously known as 'Beneath the Storm' and 'Shiver'. Despite its promising premise, the film fails to deliver, with critics calling it a messily made, choppily edited and entirely misfiring cavalcade of bad decisions and dodgy accents.The film, directed by Norwegian director Tommy Wirkola, tells the story of a hurricane that destroys a town while also thrusting a pack of bull sharks into the streets and homes of those unlucky enough to still be there. However, the film's distracting sense of inauthenticity and lack of suspense make it a disappointing watch. The cast, including Bridgerton's Phoebe Dynevor and Djimon Hounsou, struggle to elevate the poorly written characters and lackluster dialogue.'Thrash' is now available on Netflix, but it's unlikely to be a hit with viewers. The film's cheap production values and lack of originality make it feel like a low-budget B-movie, rather than a film that was once intended for theatrical release. With Netflix spending around $18bn on content last year, it's surprising that they would accept a film of such poor quality.
#Netflix #Thrash #shark thriller
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Environment Apr 10, 2026

Twin Births Spark Hope for Mountain Gorilla Recovery in Virunga National Park

Two rare sets of twin mountain gorillas were born in the Virunga range within three months, undersc…
In the 1970s and 80s, fewer than 250 mountain gorillas survived worldwide, prompting dire predictions of extinction. Decades of focused protection have lifted that number to over a thousand, and the trend continues upward.Recent patrols on the Democratic Republic of the Congo side of the Virunga range have documented an extraordinary event: two pairs of twin gorilla infants were born within a three‑month span. Twins are exceptionally uncommon in this species, representing less than 1% of all births, making the double occurrence a remarkable indicator of population health.Jacques Katutu, head of gorilla monitoring at Virunga, emphasized that the twin births “provide another vital indicator that dedicated conservation efforts… support the growth of the endangered mountain gorilla population within Virunga National Park.” Rangers suggest the thriving families are robust enough to meet the added demands of raising twins.Infant mountain gorillas face high mortality, often succumbing to infanticide, injury or disease. Yet the first twin pair, born in January, is reported to be alive and thriving, with troop members assisting the mother, Mafuko, in caring for her male infants.The achievements occur against a backdrop of extreme danger for park staff. More than 220 rangers have been killed protecting wildlife in the DRC over the past two decades, while rebel groups such as M23 continue to operate with impunity.Integral to this success are the Gorilla Doctors, a veterinary NGO whose interventions are credited with about half of the species’ population increase. Their teams trek daily through the dense forest, identifying each gorilla by name and providing medical care for injuries and disease in the isolated habitats of Virunga and Uganda’s Bwindi Impenetrable National Park.Dr. Benard Ssebide, a leading Gorilla Doctor, guided the author through the gorilla family on Mount Muhabura, narrating each animal’s story as they foraged for thistles, leaves and wild blackberries.These twin births serve as a powerful reminder that, even amid global environmental challenges, concerted human effort can foster tangible recovery for one of the planet’s most iconic endangered species.
#drc #uganda #rwanda
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Health Apr 10, 2026

US Fertility Rate Hits Record Low, Continuing Two-Decade Decline

The US fertility rate has reached an all-time low, with 53.1 births per 1,000 women aged 15-44 in 2…
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.
#US Census Bureau #National Center for Health Statistics #CDC
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Sports Apr 09, 2026

Aston Villa Takes Commanding Lead Against Bologna in Europa League Quarter-Final

Aston Villa secured a crucial two-goal lead against Bologna in their Europa League quarter-final fi…
Aston Villa took a significant step towards the Europa League semi-finals with a 3-1 victory over Bologna in the first leg of their quarter-final tie. The Premier League side capitalized on a mistake by Bologna goalkeeper Federico Ravaglia to take the lead through Ezri Konsa. Despite being second best for much of the match, Villa's clinical finishing and composure under pressure proved decisive.Ollie Watkins doubled Villa's lead shortly after halftime with a cool finish, showcasing his ability to remain calm in pressured situations. This goal was crucial in shifting momentum in Villa's favor, as Bologna struggled to create clear-cut chances. Watkins added a second goal in the 90th minute, securing a 2-0 lead for Villa before the match ended 3-1 in their favor.Bologna's English winger Jonathan Rowe had a standout performance for the hosts, creating several chances and eventually scoring a late consolation goal. However, it was not enough to overturn Villa's advantage. Unai Emery's tactical acumen was evident as Villa focused on set pieces, which ultimately led to their opening goal.The result puts Aston Villa in the driving seat ahead of the second leg, with Bologna facing a tough task to qualify for the semi-finals. Villa's performance demonstrated their resilience and adaptability in a challenging away match, setting them up well for the return fixture.
#Aston Villa #Bologna #Europa League
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Technology Apr 09, 2026

Meta rolls out Muse Spark, the inaugural AI model from its $14.3 bn ‘superintelligence’ team, to challenge Google and OpenAI

Meta introduced Muse Spark, the first AI system produced by its high‑cost superintelligence unit le…
Meta announced the launch of Muse Spark, the debut artificial‑intelligence model from the company’s ambitious "superintelligence" squad that was assembled last year with a multi‑billion‑dollar budget. The team, spearheaded by former Scale AI chief Alex Wang—brought on board in a $14.3 bn acquisition—has been offered compensation packages running into the hundreds of millions to attract top talent. Muse Spark is the first installment of the internally codenamed "Avocado" series. For now, the model is accessible only through Meta’s AI app and website, but Meta says it will soon supplant the existing Llama models that power chatbots on WhatsApp, Instagram, Facebook and the firm’s smart‑glasses lineup. Unlike earlier open releases of Llama, Meta has kept Muse Spark’s architecture details under wraps, offering a private preview to a select group of unnamed partners. In a blog post, Meta described the system as "small and fast by design, yet capable enough to reason through complex questions in science, math and health," positioning it as a solid foundation for future, larger versions. Independent testing shows Muse Spark narrowing the gap with leading models from Google, OpenAI and Anthropic in language and visual comprehension, though it still trails in coding and abstract reasoning tasks. The model placed tied for fourth on a comprehensive AI benchmark compiled by Artificial Analysis. CEO Mark Zuckerberg had previously cautioned investors that early releases would be modest but would demonstrate a "rapid trajectory." Wang echoed this sentiment on social media, acknowledging "rough edges" that will be refined over time and confirming that bigger variants are already in development, with some slated for open release. Beyond performance metrics, Meta hinted at commercial ambitions, embedding shopping suggestions directly into its AI chatbot to guide users toward purchasable items. With over 3.5 billion active users across its platforms, the company hopes AI‑driven personal tasks will boost engagement and create a competitive edge over rivals with smaller user bases. Practical use‑cases highlighted include estimating meal calories from a photo, virtually placing a mug on a shelf via augmented reality, and a new "Contemplating Mode" that runs multiple agents simultaneously—mirroring advanced reasoning features seen in Google’s Gemini Deep Think and OpenAI’s GPT‑Pro. Meta says this mode could, for example, help a family plan a vacation by having one agent draft an itinerary while another scouts kid‑friendly activities.
#meta #models #model
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Business Apr 09, 2026

UK Grants £380 million to Tata‑Backed Somerset Battery Gigafactory Supplying Jaguar Land Rover EVs

The British government has approved a £380 million subsidy for a Tata‑owned battery plant in Somers…
The UK government has pledged £380 million to accelerate the build‑out of a new battery factory in Somerset that will supply Jaguar Land Rover (JLR) with cells for its forthcoming electric Range Rover and Jaguar models. The plant, operated by Tata’s battery subsidiary Agratas, was highlighted during a site visit by Business Secretary Peter Kyle, who emphasized the grant’s role in safeguarding jobs and driving economic growth. When fully operational, the gigafactory is projected to employ 4,200 workers and deliver up to 40 GWh of battery capacity annually—enough for hundreds of thousands of electric vehicles. It will become the UK’s second high‑volume battery facility after the Chinese‑owned AESC plant in Sunderland. Construction remains in its early stages, with only a steel frame erected so far. Although the original timetable targeted production start‑up in 2026, delays have pushed the expected commencement to the end of 2027. Agratas has reduced the footprint of the first building but claims the change reflects more efficient process design rather than a cut‑back in output. JLR, the nation’s largest automotive employer, had planned to launch its electric Range Rover in 2025, but the debut has slipped to 2026 and the vehicle is still not on sale. The postponement follows a broader trend of EV manufacturers worldwide scaling back or postponing battery projects after over‑optimistic forecasts of rapid consumer migration from petrol. Recent spikes in petrol prices—spurred by geopolitical tensions linked to Donald Trump’s war in Iran—could make electric cars more appealing, potentially justifying the sizeable capital commitments required for a transition to EV production. Until the Somerset facility becomes operational, JLR will continue to source batteries from AESC. That arrangement was confirmed last year by investment bank Société Générale, though references to JLR have since been removed from public statements. In addition to the battery grant, Tata previously secured a £500 million pledge to modernise its Welsh steelworks with electric arc furnaces, underscoring the government’s broader push for greener industrial capacity. Peter Kyle said the investment, alongside other automotive research initiatives announced on the same day, would “boost economic growth, secure jobs and put more money in people’s pockets.” He added that the UK’s “modern industrial strategy” provides the stability needed for long‑term planning. Earl Wiggins, Agratas’s vice‑president for UK manufacturing, welcomed the funding, noting it will enable the company to “deliver net‑zero goals and strengthen the UK’s position as a global leader in battery manufacturing.” He projected that over 2,200 staff would be on‑site within the next year, with further growth thereafter.
#UK government #Tata Group #Somerset Battery Gigafactory
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Sports Apr 09, 2026

Sheffield FC’s New Celebrity Chair Jon McClure Targets Community Revival for Football’s Birthplace

Sheffield FC has welcomed frontman Jon McClure as a minority‑owner and chair, promising to harness …
Jon McClure, the Sheffield‑born frontman of Reverend and the Makers, has taken a seat on the board of Sheffield FC – the world’s oldest football club – after joining a new minority‑ownership group with David Bianchi. The move marks the first time the musician has taken on a formal role in a football institution.McClure, a lifelong Wednesday supporter, first approached the club eight years ago but felt he wasn’t yet “in a mature enough position” to steward a cultural landmark. Since last month he has been actively reviewing the club’s operations and seeking ways to modernise a team that currently competes in the ninth tier of English football.The appointment comes as Sheffield FC enjoys a surge in interest, having recorded a club‑record league attendance of 1,172 spectators for a recent defeat to Tadcaster. The side will host the same opponents again in a Northern Counties East League playoff semi‑final after finishing third in the division.Unlike the high‑profile takeovers at Dagenham & Redbridge or Wrexham, McClure insists his approach will be “more considered”. He acknowledges the club’s history of “years of dysfunction” and warns against “putting rocket boosters on a three‑wheeler”, emphasizing a need for steady stabilisation before growth.Founded in 1857, Sheffield FC’s claim to fame is its role in codifying the modern game – a narrative McClure says is “still under‑told”. The club boasts the first football kit, the first recorded derby and a unique FIFA order of merit shared only with Real Madrid, offering “global IP opportunities”, according to the chair.To translate heritage into footfall, McClure has introduced free entry for children, hoping to lift typical matchday crowds from 300‑400 to larger numbers. He also highlights a logistical hurdle: the club’s “Home of Football” ground sits in Dronfield, Derbyshire, outside Sheffield’s city limits, prompting a long‑term ambition to relocate to a multi‑purpose venue in the city centre.McClure’s celebrity connections are already bearing fruit. He invited Sheffield music legend Richard Hawley to a recent fixture and maintains a friendly rapport with Sheffield United manager Chris Wilder, despite the historic rivalry between the city’s clubs.In a nod to modern digital culture, McClure’s brother Chris created the viral persona “Steve Bracknall”, the fictional assistant manager of the Royal Oak. When the Royal Oak played a real match at Sheffield FC, the event drew over 2,000 fans on the ground and half a million online viewers, including Robbie Williams, branding it “the biggest game in Sunday league history”.Looking ahead, McClure is keen to expand the club’s junior and women’s programmes, envisioning an “1857 Academy” that could scale globally if built on the right foundations. While a leap to the Northern Premier League is the realistic target, the broader goal is to cement Sheffield FC as a thriving community hub that honors its status as the birthplace of football.
#Sheffield FC #Jon McClure #Sheffield community
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World Economy Apr 09, 2026

UK Thinktank Proposes Subsidized Energy for All Households

A UK thinktank has suggested that all households in the UK should receive a minimum amount of energ…
The New Economics Foundation (NEF) has proposed that the UK government provide subsidized energy to all households, funded through North Sea tax revenues. The plan would ensure that every household receives a set amount of energy at current rates, helping to protect the poorest households from rising energy costs.According to NEF, providing enough energy to heat two rooms, provide hot water, and run key appliances like a fridge and washing machine at frozen rates would require a subsidy of about £4.5bn. This amount is roughly equal to the expected windfall in tax revenues from the North Sea, generated by the high price of oil.The proposed measure, known as a price guarantee, would save all households more than £160 on their annual bills. However, this would amount to a saving of about 17% for those on low incomes compared with 11% for wealthier people. NEF argues that this would encourage those who can afford to pay to reduce their energy consumption and invest in energy-efficient measures.Alex Chapman, a senior economist at NEF, stated that similar measures have been successfully implemented in countries like Japan, South Korea, China, and India, as well as several European countries. He emphasized the need for the government to protect households' ability to meet their essential energy needs and to tax energy companies on their windfall profits.The energy cap is expected to rise by about £388 in July and could reach nearly £2,000 a year for dual-fuel households. NEF's proposal aims to mitigate the impact of rising energy costs on vulnerable households.
#energy #households #oil
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