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Blue Owl Capital, a leading private credit investment firm, has imposed a cap on withdrawals after investors attempted to redeem $5.4bn from two of its key funds. This move comes as a sign of dwindling confidence in the unregulated lending market.The New York-based firm revealed in filings that investors sought to withdraw 21.9% of the $20bn Credit Income Corp fund and 40.7% of its $3bn tech lending fund between January and March.The surge in redemption requests is attributed to growing concerns over potentially risky loans arranged by private credit firms, which operate outside the traditional regulated banking system. These firms are seen as particularly exposed to the AI spending boom.To manage the outflow, Blue Owl will limit withdrawals to 5% of the value of each fund per quarter. The firm stated that this decision was made to balance the interests of both withdrawing and remaining shareholders.Despite the increase in withdrawal requests, Blue Owl emphasized that underlying credit fundamentals across its portfolio have remained resilient. The firm attributed the surge in withdrawals to a period of heightened negative sentiment toward the asset class.The private credit industry has faced growing scrutiny over potentially weak lending standards, following a series of company failures, including Tricolor and First Brands. Regulators and industry experts have warned of potential ripple effects that could impact high street banks.The Bank of England's governor, Andrew Bailey, has cautioned against dismissing recent private credit failures as isolated incidents, citing concerns over transparency and potential risks across the sector.

The US government's Endangered Species Committee has voted unanimously to exempt oil and gas drillers in the Gulf of Mexico from protections under the Endangered Species Act. This decision, made during a rare meeting, has significant implications for vulnerable species in the region.The committee, composed of six senior Trump officials, including Secretary of Defense Pete Hegseth, argued that environmental rules could hinder US energy production, particularly during the ongoing tensions with Iran. Hegseth stated that disruptions to Gulf oil production would not only affect the US but also benefit its adversaries.The exemption is only the fourth time in US history that the Endangered Species Committee has convened, and the third time it has granted an exemption to the Endangered Species Act. Rice's whale, with only about 50 remaining, is one of the species protected by the act in the Gulf of Mexico. Other species, such as birds, sea turtles, and Gulf sturgeon, are also safeguarded.Environmental groups have strongly objected to the decision, labeling the committee a 'god squad' due to its power over species' existence. They plan to challenge the exemptions, arguing that the Trump administration failed to follow the protocols set out under the Endangered Species Act and that the rationale for the exemption is not justified by facts.This move is part of the Trump administration's broader effort to roll back environmental protections and promote pro-fossil fuel policies, despite dismissing climate change as a 'hoax'. Critics warn that this action could lead to the extinction of species, with one expert stating that Trump could be the first person in history to knowingly extirpate a species from the face of the earth.

Italy’s national team endured a 4‑1 penalty‑shootout defeat to Bosnia and Herzegovina in the World Cup 2026 qualifying playoff, confirming a third consecutive failure to reach the finals. The loss, described by Italian media as a “World Cup curse” and a “Third apocalypse,” has reverberated far beyond the stadium. Valentino del Duca, a restaurant worker in Rome, summed up the mood: “We are a population of failures. End of story.” His sentiment echoed across the capital, where fans like Gabriele Alfano lamented the missed opportunity after a hopeful win over Northern Ireland the week before. Alfano pointed to a deeper issue: “Italian football is no longer producing young talent. I remember streets full of kids playing ball; now they’re more into tennis,” he said, referencing Jannik Sinner’s recent Miami Masters triumph. The sporting disaster quickly became a political flashpoint. The League party, part of Giorgia Meloni’s governing coalition, called the outcome “an unacceptable disgrace” and demanded the resignation of federation president Gabriele Gravina. Former prime minister Matteo Renzi added that the repeated eliminations signal a systemic failure, noting that football is “part of our culture and national identity.” Long‑time resident Gustavo Sosa, originally from Argentina, observed that Italy’s loss of composure after being reduced to ten men highlighted a loss of “rigour” and “hunger” that mirrors concerns in his native country. Sports minister Andrea Abodi warned that the sport must be “rebuilt,” expressing sorrow for a generation of children who may never experience a World Cup. Some Italians, like Lucia Severi, suggested shifting attention to other disciplines, citing the country’s success in tennis and athletics. The defeat starkly contrasts with the euphoria of July 2021, when Italy won the Euro 2020 final on penalties—a moment once seen as a reversal of fortunes after missing the 2018 World Cup. Yet that optimism proved fleeting, as the Azzurri also failed to qualify for the 2022 tournament. As the nation grapples with this latest setback, the debate intensifies over how to revive Italian football, nurture grassroots participation, and restore the pride once associated with the Azzurri’s international successes.

Dr. Mahrang Baloch, a 30-year-old human rights activist, has endured a year of solitary confinement in a Pakistani jail cell. Her unwavering commitment to the Baloch people's rights has only strengthened despite the isolation.Confined to a small, bare cell with limited access to books and exercise, Mahrang has found ways to cope. She spends her days studying politics and reading books that remind her of a world beyond her prison walls. Her resolve has been tested, but not broken.The physical toll of her imprisonment is evident. Mahrang suffers from severe back and joint pain, which has prevented her from exercising. In February, she was hospitalized and diagnosed with a slipped disc and radiculopathy. Yet, she continues to advocate for her people's rights.Mahrang's family has also been targeted for her activism. Her cousin, Salal Baloch, was forcibly disappeared, and her 19-year-old cousin, Saifullah Baloch, remains missing. Her brother faces strict monitoring and harassment from the counter-terrorism department.Despite these challenges, Mahrang remains committed to peaceful resistance. She believes that the state's violence and collective punishment will not deter her or the Baloch people from demanding their rights. The BYC has documented over 1,200 cases of enforced disappearances in Balochistan in 2025 alone.Mahrang's story highlights the ongoing human rights crisis in Balochistan. Her courage and conviction serve as a beacon of hope for the Baloch people and human rights activists worldwide.

More than two years into Israel's war on Gaza, thousands of families remain in limbo, torn between unverified deaths and secret detentions.In a partially destroyed home in Khan Younis, Tahrir Abu Mady clings to the charred walls that echo the memory of her missing children.Her 20‑year‑old daughter, Malak, a university student and volunteer nurse at Nasser Hospital, vanished after briefly returning home with her 18‑year‑old brother Yousef when Israeli ground forces entered the city in 2024.Forensic teams later recovered human remains in the ruined house, prompting Gaza’s Ministry of Health to issue a death certificate for Malak, while Yousef’s fate stayed unknown.The story took a painful turn when a list of Palestinian detainees released by former prisoners included Malak’s name, marked only with “No information available,” reigniting Tahrir’s anguish.Seeking answers, Tahrir tried to hire a lawyer in Umm al‑Fahm to trace her daughter within the Israeli prison system, but prohibitive legal fees made the effort impossible.Human‑rights groups warn that Malak’s case is far from unique. Israeli forces have detained thousands of Gazans in undisclosed locations, often without charge or legal representation.Euro‑Med Human Rights Monitor researcher Maha al‑Husseini estimates around 3,000 people have been forcibly disappeared, many of whom may be dead or imprisoned, with Israeli authorities refusing to provide any information.Families are left in a state of suspended grief, unable to properly mourn or advocate for their loved ones.Today, Tahrir lives between an official death certificate and a name on a smuggled prisoner list, writing on the scarred walls: “We are still waiting for you, Malak … our white coat girl.”

Speaking at halftime of Iran’s friendly against Costa Rica in Turkey, FIFA president Gianni Infantino told AFP that Iran will take part in the 2026 World Cup and will play its group games on U.S. soil as originally planned. He emphasized his confidence after meeting the team and its coach, describing Iran as a "very, very strong" side. Infantino added that the tournament’s schedule will be respected "according to the draw," dismissing recent talks by the Iranian Football Federation about relocating its matches to Mexico. Mexican President Claudia Sheinbaum has publicly offered to host Iran’s first‑round fixtures if required. Iran, which secured its spot by topping the Asian qualifying group, is set to open Group G against New Zealand in Los Angeles on 15 June, followed by matches versus Belgium (21 June, Los Angeles) and Egypt (26 June, Seattle). The nation has qualified for four straight men’s World Cups but has yet to advance beyond the group stage in the last three editions. The certainty of Iran’s participation comes amid the ongoing war that erupted on 28 February between the United States, Israel, and Iran. While Infantino initially cited assurances from former President Donald Trump that the Iranian team would be welcome, Trump later warned that traveling to the tournament could endanger the players’ lives and safety. Responding to the diplomatic tension, Infantino reiterated FIFA’s commitment to a "fair‑play" tournament, stating that the organization cannot resolve geopolitical disputes but will use football’s global reach to foster dialogue and peace. In a symbolic gesture during a recent friendly against Nigeria in Turkey, Iranian players wore black armbands and carried school rucksacks to honor the victims of a devastating airstrike on a primary school in Minab, which killed at least 170 civilians, including children and teachers. U.S. military investigators have preliminarily concluded that a mis‑targeted Tomahawk cruise missile caused the strike. Infantino’s assurance that "all teams" will compete as scheduled underscores FIFA’s determination to keep the World Cup on track despite the broader geopolitical turmoil surrounding the event.

England's women's football team has made a surprise call-up for 17-year-old midfielder Erica Meg Parkinson for their World Cup qualifiers against Spain and Iceland in April. Parkinson, who plays for Portuguese side Valadares Gaia, has previously featured in the Lionesses pathway but will now join Sarina Wiegman's senior squad for the first time. The Singapore-born player was chosen due to midfield injuries to Ella Toone and Grace Clinton, with Wiegman describing Parkinson as a 'very dynamic midfielder who likes to go forward … aggressive, technical.' Parkinson was part of the under-23 squad for fixtures against Norway and the United States last year and will now take on a significant step up to the senior level. Wiegman noted that while it's a big leap, Parkinson gets the chance to show her capabilities at the senior level. The 23-player squad also sees the return of Arsenal forward Beth Mead after missing the last set of internationals with a hairline shin fracture. Manchester City's captain Alex Greenwood is back in the squad after sitting out recent games due to injury. The Lionesses face Spain at Wembley on April 14, before taking on Iceland in Reykjavik four days later. This match against Spain will be the first between the nations since the Euro 2025 final, where England became back-to-back European champions under Wiegman's management.

Ella Hopkins recounts her experience of walking in London while wearing noise-cancelling headphones, absorbed in her own world, until one evening when she noticed a stranger in distress on the pavement. Without her headphones, she was able to respond and call for help. The incident made her realize how much she had been missing by being isolated in her own bubble of sound. She decided to ditch her headphones and become more aware of her surroundings. As she started to notice the world around her, Hopkins discovered a new appreciation for the city. She heard hedges humming with bees, snippets of conversations between friends, and preachers shouting about saving souls. She became more open to talking to people and even started learning about bird calls. Hopkins reflects on the benefits of being present, including a greater sense of connection to her community and a newfound appreciation for the beauty of nature. While she still enjoys listening to music and audiobooks, she now does so more consciously, as a choice rather than a crutch. The experience taught her the importance of being aware of her surroundings and the positive impact it had on her life. She concludes that sometimes, it's the simple act of being present that can make all the difference.

The latest documentary about Paul McCartney, 'McCartney: The Hunt for the Lost Bass', tells the story of the 1961 Höfner bass guitar that McCartney bought for £30 in Hamburg and became an iconic part of the Beatles' image. The instrument went missing after the band split and was finally recovered in 2024 thanks to the efforts of Nick Wass, a Höfner employee, and Steve Glenister, an ambulance service worker.The film is an amiable tale with a happy ending, but it struggles to fully absorb the sadness and shame associated with the theft. The documentary reveals that the bass was stolen from the back of a Wings roadie van in Ladbroke Grove, London, in the early 1970s. McCartney only recently recalled the incident and revealed that he wasn't particularly bothered at the time, having owned a second Höfner bass.The investigation into the theft took several paths, including suspicion falling on the band Hawkwind and their roadie Michael 'DikMik' Davies. However, the true culprit was someone who stole the bass out of opportunity and later gave it to a pub landlord, leading it to end up in Hastings. McCartney reflects on the theft, saying that he and his friends might have done similar things in their youth.The documentary will be released in UK cinemas on April 2 and 4, and on BBC Two and iPlayer on April 11.