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A powerful and unusual weather pattern has unleashed severe thunderstorms across parts of the Middle East, battering countries including the United Arab Emirates and Saudi Arabia. The Arabian peninsula, typically dominated by arid desert climates, received up to 150mm of rain in just a few days.The deluge was caused by an abnormally strong jet stream, which helped a deep area of low pressure to develop north of Saudi Arabia. This, in turn, drew moist tropical air from the Indian Ocean and triggered intense storms.In Oman, hailstones as large as tennis balls fell during Wednesday evening's storms, alongside torrential rain. Doha, Qatar's capital, experienced flooding the same day.Further thunderstorms developed on Thursday evening, with a more organised line crossing the UAE and hitting densely populated areas such as Dubai and Abu Dhabi. Gusts of up to 80mph, large hail and intense lightning were reported, as heavy rainfall caused widespread flooding.A weather station on Jebel Yanas in northern UAE recorded 244mm of rainfall, with many others exceeding 100mm in just a few days, far surpassing typical annual totals of 60-100mm. The event reflects a broader global trend of storms bringing more intense rainfall as the climate warms.Attention is shifting to the Mediterranean, where a developing low-pressure system south-east of Italy is expected to bring heavy rain and thunderstorms to Greece, Turkey and other countries in south-east Europe this week.

The conflict between Iran and Israel has taken a dangerous turn with the entry of Houthi forces from Yemen, who have launched a salvo of ballistic missiles at sensitive Israeli military sites. The Houthis, close allies of Iran, have vowed to continue their military operations until the 'aggression' comes to an end on all fronts.In response, Israel has reported intercepting one missile originating from Yemen. The escalation has raised concerns about the potential for a wider regional conflict, with Pakistan attempting to host a meeting of Middle Eastern powers to find a regional approach to ending the conflict.The entry of the Houthis poses a direct threat to the Bab al-Mandab strait at the southern end of the Red Sea, a critical choke point for energy supplies and trade. A shutdown of this strait, combined with Iran's near-total closure of the Strait of Hormuz, would have a devastating impact on the global economy.The conflict has also seen an escalation in the array of weapons being used, with reports of the US dropping cluster munitions and Iran using ballistic missiles carrying cluster warheads. Experts have cited concerns about the indiscriminate nature of these weapons, which have been banned by over 100 countries.The situation remains volatile, with US President Donald Trump suggesting that he had hoped for Saudi Arabia to join other Arab countries in normalizing relations with Israel in return for the attack on Iran. However, the survival of the Islamic Republic's regime after a month of bombing has left Trump with the choice of either extricating the US from the costly war or intensifying the campaign.

IPO Overview Confidential Form F‑1 filed, targeting the second half of 2026. Proposed raise: $10 billion to $14 billion, equivalent to issuing roughly 2 % of existing shares. Current market cap: about $440 billion. Issuing 2 % of a $440 billion company would normally generate ~$8.8 billion; the higher $10‑14 billion range implies a modest premium, helping lift the share price toward U.S. peer multiples. Valuation Gap & Peer Comparison SK hynix trades at a discount to U.S. listed peers such as Micron despite comparable HBM capacity. Analyst notes that geography, not fundamentals, drives the gap. Cross‑listing could mirror TSMC's experience, where U.S.‑listed shares command a premium during AI‑driven demand spikes. Shareholder Structure Largest shareholder SK Square holds 20.07 % (Dec 2025), just above Korea’s 20 % holding‑company floor. The IPO design allows SK Square to retain its stake while still raising capital. Capital Deployment Plans Target net cash: $75 billion (≈100 trillion KRW) to fund AI‑era growth. Long‑term investment: $400 billion by 2050 for a semiconductor cluster in Yongin, South Korea. New facilities: $25 billion in South Korea and $3.3 billion in Indiana, USA. EUV lithography acquisition from ASML: $7.9 billion deal slated for completion by 2027 to boost HBM output. Industry Ripple Effects Investors urging Samsung Electronics to consider a similar U.S. ADR listing. Major shareholder Artisan Partners cites valuation uplift and broader U.S. retail access as benefits. Memory shortage dubbed “RAMmageddon” could persist through 2027, pressuring all AI‑focused chipmakers. Tech firms like Google are tackling the bottleneck with software solutions such as the TurboQuant memory‑compression algorithm. Strategic Implications The IPO not only provides immediate funding but also signals SK hynix’s intent to align its market valuation with global peers, potentially reshaping capital flows into the AI‑chip supply chain. If successful, the move may set a precedent for other Korean semiconductor firms seeking U.S. market exposure.

As the conflict drags on, Iranians are attempting to maintain a semblance of ordinary life in the face of constant explosions and airstrikes. The days following Nowruz, the Persian New Year, are usually a time of renewal and celebration, but this year, the atmosphere is tense."More and more, people are starting to normalise this war", said Farhad, a photography editor in Tehran. "It's difficult, but we're adapting and trying to return to our daily lives as much as possible. There's no alternative. We're tired. We just want peace."Despite the challenges, some Iranians are finding ways to cope. Aylar, a 39-year-old human rights worker, paid for an expensive VPN to circumvent the internet blackout imposed by Iranian authorities so she could stay in touch with relatives abroad. She also made time for a coffee date with friends, highlighting the complexity of life during conflict.The humanitarian toll is significant, with Iran's official death toll frozen at around 1,500, but the real figure may be more than 3,000, according to the Iranian Human Rights Activists News Agency. Many more have been injured, and the psychological impact is profound.As the situation continues to unfold, uncertainty and division within Iranian society are palpable. While most Iranians oppose the war, some have welcomed it as a potential catalyst for change. The future remains uncertain, with concerns that the conflict could become a recurring reality.

The forthcoming film 'The Drama', starring Robert Pattinson and Zendaya, has sparked controversy over its portrayal of a character who once planned a school shooting. Tom Mauser, whose son Daniel was killed in the 1999 Columbine school shootings, expressed his disapproval of the film's approach, calling it 'awful' and accusing it of 'humanising' perpetrators of such violence. The film, a dark romantic comedy directed by Kristoffer Borgli, features Zendaya's character revealing a past plan to carry out a school shooting during a parlour game. Despite her character backing out of the attack, Mauser argues that the film 'normalises' such actions. He also criticized Zendaya's response to questions about the film's twist on the Jimmy Kimmel show. A24, the studio behind 'The Drama', has limited screenings of the film to avoid spoilers. Early reactions to a small screening in the US were broadly positive, but reviews are embargoed until March 31. The film's UK distributors have been approached for comment. The controversy surrounding 'The Drama' highlights ongoing concerns about the portrayal of violence in media and the impact on audiences. This is not the first time a film has tackled the sensitive topic of school shootings; Gus Van Sant's 'Elephant' (2003) and Michael Moore's documentary (2002) are notable examples.

Hong Kong police have been granted the authority to require individuals suspected of violating the city's national security law to provide passwords to their mobile phones or computers. This measure, which took effect on Monday, is part of the national security law imposed by Beijing in 2020. The new provisions empower police to require a person under investigation suspected of endangering national security to provide any password or decryption method for electronic devices and to provide the police “any reasonable and necessary information or assistance”. Refusing to comply could lead to up to one year’s imprisonment and a fine of up to 100,000 Hong Kong dollars ($12,768), while providing false or misleading information could bring up to three years’ imprisonment and a fine of up to 500,000 Hong Kong dollars ($63,840). The imposition of the 2020 national security law, supplemented by a second component in 2024, has led to a marked decline in civil liberties in the former British colony returned to China in 1997, according to human rights advocates. The new amendments have sparked concerns over the erosion of Hong Kong's autonomy and its status as an international financial and business centre. Urania Chiu, a law lecturer in the UK researching Hong Kong, said the new provisions interfered with fundamental liberties, including the privacy of communication and the right to a fair trial. “The sweeping powers given to law enforcement officers without any need for judicial authorisation are grossly disproportionate to any legitimate aim the bylaw purports to achieve,” Chiu told the Reuters news agency. A Hong Kong government spokesperson said the amended rules conform to the city’s mini-constitution, the Basic Law, and its human rights provisions, and “will not affect the lives of the general public or the normal operation of institutions and organisations”. According to the Security Bureau, a total of 386 people have been arrested for national security crimes so far, with 176 people and four companies convicted.

Hong Kong police have been granted new powers to demand that individuals suspected of breaching the city's national security law provide mobile phone or computer passwords. This move is part of a further crackdown on dissent in the city.The amendments to the law, published by the city government, also empower customs officers to seize items deemed to have a 'seditious intention', regardless of whether any person has been arrested for an offence endangering national security.Refusing to comply with the demand for passwords could lead to up to one year's jail and a fine of up to HK$100,000 ($12,773), while providing false or misleading information could bring up to three years' imprisonment and a fine of up to HK$500,000.The sweeping national security law, imposed by Beijing in 2020, punishes acts including subversion and collusion with foreign forces with up to life imprisonment. The law has sparked criticism from western governments and rights groups, but Beijing and Hong Kong officials say it was needed to restore stability after months of pro-democracy protests in 2019.Urania Chiu, a law lecturer in the UK researching Hong Kong, said the new provisions interfere with fundamental liberties, including the privacy of communication and the right to a fair trial. Chiu stated that 'the sweeping powers given to law enforcement officers without any need for judicial authorisation are grossly disproportionate to any legitimate aim the bylaw purports to achieve.'A Hong Kong government spokesperson said the amended rules conform to the city's mini-constitution, the Basic Law, and its human rights provisions, and 'will not affect the lives of the general public or the normal operation of institutions and organisations'. According to the Security Bureau, a total of 386 people have been arrested for national security crimes so far, with 176 people and four companies convicted.

The Confederation of African Football (CAF) made a shocking decision to strip Senegal of their 2025 Africa Cup of Nations (AFCON) title and award it to Morocco, the defeated finalists. This move comes after a thorough review of a contentious incident at the end of normal time in the January 18 final, which saw the match delayed by 14 minutes after Senegal players left the field in protest against refereeing decisions.The controversy began when a late penalty was awarded to Morocco, which overlapped into the new year, with the final played in Rabat. Senegalese players and management were enraged by the decision, leading to a walk-off and a pitch invasion by some fans. Although Senegal returned to the field and won the match 1-0 after extra time, CAF's disciplinary procedure resulted in substantial fines and bans for both teams.CAF's appeals board ruled that Senegal is 'declared to have forfeited' the match by leaving the field, and the 1-0 result was officially recorded as 3-0 in favor of Morocco. The Senegal Football Federation (FSF) has condemned the decision, labeling it 'unfair, unprecedented, and unacceptable,' and plans to appeal to the Court of Arbitration for Sport (CAS) in Lausanne.The decision has sparked a heated debate in the football community, with Senegal's Prime Minister Ousmane Sonko denouncing the sentencing of 18 Senegalese fans by Morocco. The case is expected to take over a year to resolve, and its outcome could have significant implications for African football.

Senegal's government has demanded an independent international investigation into corruption allegations after the Confederation of African Football (CAF) stripped the country of its Africa Cup of Nations (AFCON) title and awarded it to Morocco.The CAF's decision came after a review by their appeals board into a chaotic final two months ago. The ruling stated that Senegal forfeited the final, a 1-0 victory after extra time, by leaving the field of play during normal time in a 14-minute protest at the awarding of a penalty to Morocco.The result was officially recorded as 3-0 in favor of host nation Morocco. Senegal's government spokeswoman, Marie Rose Khady Fatou Faye, criticized the CAF's decision, stating that it undermines the organization's credibility.Senegal's Prime Minister Ousmane Sonko previously denounced Morocco's jailing of 18 Senegalese fans following violence during a pitch invasion. The Senegal Football Federation (FSF) announced that it will appeal CAF's ruling at the Court of Arbitration for Sport.