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The sports world is reeling from the news that Saudi Arabia's Public Investment Fund (PIF) is pulling back its financial support for LIV Golf, a rebel tour that has been a key vehicle for the kingdom's ambitious attempts to become a leading global sports destination.Conservatively estimated to have cost Saudi Arabia over $10bn in the past five years, the slowdown in lavish spending on sport was expected, but the withdrawal of PIF's support has sent shockwaves throughout the industry. This move was first communicated to LIV executives on Monday, leaving many employees fearing for their jobs.The uncertainty is not limited to golf, with other sports administrators worried that similar cuts could be coming their way. LIV Golf's future is now in doubt, with the tour's chief executive, Scott O'Neil, failing to address the possibility of PIF's withdrawal in an email to staff on Wednesday evening.Sports executives outside golf have expressed concerns about the future, stating, 'We all went running to Saudi for a quick payday and are now wondering what the future holds.' The PIF's investment strategy now focuses on domestic benefits and building real businesses, with LIV Golf being seen as vulnerable due to its lack of profitability.The PIF's financial strategy for 2026-2030 emphasizes 'value realisation through performance, innovation, and private sector engagement.' While sport is not listed as one of PIF's six investment pillars, it will be included under the tourism, travel, and entertainment portfolio.The move towards privatization is evident, with PIF selling a 70% stake in Al-Hilal, one of its Saudi Pro League clubs, to a private company owned by Prince Al Waleed bin Talal Al Saud. Other sports, such as Esports, boxing, and mixed martial arts, are expected to continue receiving investment due to their popularity and potential for growth.The implications of PIF's shift in strategy extend beyond golf, with Newcastle United and other sports organizations potentially affected. As Saudi Arabia continues to invest heavily in certain sports, the future of others, like LIV Golf, remains uncertain.

President Donald Trump announced a 10‑day ceasefire for Lebanon on Thursday, a move hailed as urgently needed yet fraught with uncertainty. The pause follows a wave of Israeli attacks that, on "Black Wednesday," saw 100 strikes in ten minutes and left hundreds dead. Iran and Pakistan, acting as mediators, initially believed Lebanon fell under the scope of a prior U.S.–Israel–Iran truce. However, Israel’s subsequent offensive—including the destruction of the last bridge linking southern Lebanon to the rest of the country and a strike on a school—demonstrated a stark departure from that assumption. Casualty figures are grim: more than 2,100 people have been killed, among them at least 172 children, with thousands more injured. One in five Lebanese citizens are now displaced, many facing permanent uprooting as Israel reportedly erases entire villages, echoing tactics used in Gaza. Direct talks between Lebanon and Israel on Tuesday marked a "striking departure" from the conflict’s trajectory, but the Lebanese government does not control Hezbollah, the militant group driving much of the fighting. While Lebanon expelled Iran’s ambassador a month ago, the envoy remains in place, and Hezbollah did not block the recent negotiations. President Joseph Aoun rejected a U.S. request to speak directly with Prime Minister Benjamin Netanyahu, underscoring the limited scope of diplomatic outreach. The ceasefire’s durability is tightly linked to broader U.S.–Iranian discussions. Israel’s baseline demand remains the disarmament of Hezbollah, whereas Hezbollah insists on a full Israeli withdrawal. Netanyahu’s recent surprise visit to Lebanon’s south, where he pledged to expand a so‑called "buffer zone," signals a hard‑line stance that could jeopardize any lasting peace. Within Lebanon, public anger toward Hezbollah has surged after its rocket retaliation for the killing of Iran’s supreme leader ignited the war. Simultaneously, the relentless Israeli bombardment has eroded confidence in the Lebanese state, pushing vulnerable communities toward the militant group and deepening social fissures that harken back to the country’s civil‑war era. Internationally, even long‑standing allies of Israel, notably the United States, are expressing growing unease over the conduct of the campaign. Critics argue that any pause must be genuine and sustained, not a superficial lull that leaves civilians exposed to continued violence. The fragility of the current ceasefire is evident, especially as Israel continues strikes in Lebanon despite a prior truce and as its military actions in Gaza have already resulted in hundreds of Palestinian deaths.

Bayern Munich's thrilling 4-3 win over Real Madrid on Wednesday secured their spot in the Champions League semifinals, setting up a meeting with PSG. Harry Kane made another difficult finish look routine, scoring his 50th goal of the season. The game had it all, including controversy, with a post-match scuffle set off by Madrid players enraged by Eduardo Camavinga's dismissal. PSG's leading man, Ousmane Dembélé, may be finding form at the right time, reflecting a team that has finally achieved their goal of becoming European champions and having a Ballon D'Or winner at his peak. PSG eventually picked off Liverpool thanks to two late Dembélé goals, advancing to the semifinals. A summer of change in the elite coaching ranks approaches, with vacancies likely at Real Madrid and several Premier League clubs. Diego Simeone is likely to stay at Atlético Madrid, having completed the job against Barcelona. This is the fourth semi-final for Simeone, three of which have come at Barcelona's expense. Harry Kane deserves a mention for his display of supreme footballing intelligence, combining playmaker and finisher skills. English football misses him, but his time in Germany has made him a yet better player. Looking ahead, another blockbuster will follow when PSG travel to Bayern in the first leg of their semi-final. Vincent Kompany is banned from Bayern's bench after protesting against Madrid's third goal. A second successive semi-final for Arsenal, and a familiar opponent in Simeone's Atléti, promises to be an exciting matchup.

New Jersey Governor Mikie Sherrill publicly challenged FIFA after reports surfaced that round‑trip train tickets from New York’s Penn Station to MetLife Stadium could exceed $100 for the 2026 World Cup. Current NJ Transit listings show a standard fare of $12.90 for the same route, but a recent The Athletic report suggests the price could jump dramatically, with no discounts for children, seniors or people with disabilities. NJ Transit told Fox 5 New York that the final fare has not yet been set, but a decision is expected within days. In a social‑media post, Governor Sherrill emphasized that the state inherited an agreement in which FIFA contributes $0 toward transportation, leaving New Jersey Transit with a projected $48 million bill to safely move an estimated 40,000 fans to each of the eight matches, including the final. "FIFA is making $11 billion off this World Cup and charging fans up to $10,000 for a single ticket for the final," Sherrill said. "I won’t let New Jersey commuters shoulder that cost. FIFA should pay for the rides, and if they don’t, I won’t let our residents be taken for a ride." Sherrill added that she would approve any fare increase if FIFA does not intervene, stating, "I will, if that’s what it takes, because I’m not putting it on the backs of New Jerseyans." On Wednesday, NJ Transit’s board unanimously passed a resolution empowering CEO Kris Kolluri to set World Cup rail fares at levels sufficient to "cover any and all costs" associated with transporting the projected fan volume. Kolluri confirmed that the fare structure will not be cross‑subsidized by regular commuters. New York City Mayor Zohran Mamdani backed Sherrill’s stance, noting that FIFA often offloads costs onto local municipalities and suggesting that a partnership could make the event more affordable for everyone. FIFA responded by highlighting the original 2018 Host City Agreements, which required free transportation for fans, and noting a 2023 amendment that shifted to a "cost‑to‑use" model. The organization also claimed it had advocated for federal funding to support host‑city mobility plans. Sherrill, a Democrat elected last year on a platform of affordability, has already redirected $5 million earmarked for a fan festival at Liberty State Park toward smaller watch parties across the state. Transportation pricing for this World Cup has become a broader discussion, with Massachusetts raising its Boston‑to‑Foxborough fare from $20 to $80, underscoring growing concerns over fan‑accessibility and cost burdens.

For the first time in Hollywood history, an authorized generative‑AI version of a major star headlines a feature film. The western As Deep As the Grave showcases a digitally recreated Val Kilmer, whose voice was synthesized by UK‑based firm Sonantic using archival recordings. The project, delayed by Kilmer’s death in April 2025, received full cooperation from his estate and his daughter Mercedes, who helped craft the visual deep‑fake of the actor. Mercedes Kilmer confirmed that her father embraced emerging technologies as a storytelling tool, a sentiment the filmmakers say they honored throughout production. At Wednesday’s CinemaCon trade show in Las Vegas, the trailer revealed that Kilmer’s character, Father Fintan—a Catholic priest and Native American spiritualist—appears for roughly one hour of screen time. The footage shows the priest at different ages, including a spectral elder who advises a child, “Don’t fear the dead and don’t fear me.” Writer‑director Coerte Voorhees explained that the narrative was built around Kilmer’s heritage and his love of the Southwest. He added that the production adhered to SAG‑AFTRA guidelines and that the estate was financially compensated for the use of archival material. The film also stars Tom Felton, Abigail Breslin and Abigail Lawrie. In a March interview with Variety, Voorhees noted that Kilmer’s family repeatedly emphasized the project’s importance to the late actor. The Kilmer case follows a growing trend of AI‑generated performances. In 2022, Bruce Willis consented to a digital twin after a dementia diagnosis, while actors such as Matthew McConaughey and Michael Caine have licensed their voices to AI firms for approved uses. Estates of legends like Laurence Olivier, Judy Garland and James Dean have similarly partnered with the marketplace ElevenLabs. Beyond film, celebrities are exploring AI for digital meet‑and‑greets; Paris Hilton and Kendall Jenner have reportedly signed deals with Meta for AI‑powered appearances on Instagram, and users can even query an AI version of Deepak Chopra for advice on a range of topics. Nevertheless, some stars remain cautious. Morgan Freeman, Tom Hanks and Scarlett Johansson have publicly expressed skepticism about deep‑fake replicas of their likenesses.

The heads of Amazon MGM Studios used Wednesday’s CinemaCon trade show to temper expectations surrounding the next James Bond film. Executives confirmed that the iconic spy has not yet been cast, citing a deliberate, respectful approach to the decision.Courtenay Valenti, Amazon MGM’s head of film, addressed the crowd with a measured tone: “We know you’re eager to learn who will embody James Bond, but we’re taking the time to do this with care and deep respect.” She stressed that the role is “a lifetime dream” and a responsibility the studio does not take lightly.Valenti highlighted the caliber of talent attached to the project, noting that the franchise will be paired with renowned director Denis Villeneuve, acclaimed producers Amy Pascal and David Heyman, executive producer Tanya Lapointe, and screenwriter Steven Knight. This combination, she argued, sets the stage for a film worthy of the Bond legacy.The upcoming installment is slated for a 2028 release, implying that principal photography is likely to commence in late 2026. The timeline follows earlier announcements in June 2025 (Villeneuve as director) and August 2025 (Knight as writer).Speculation about potential leads has centered on three actors: Callum Turner, Aaron Taylor‑Johnson, and Jacob Elordi. If Elordi were chosen, he would become the youngest, tallest, and second Australian to portray the famed spy.Despite his recent Oscar‑nominated turn in Frankenstein and a high‑profile role in Wuthering Heights, Elordi’s schedule appears unusually open, fueling further conjecture.Valenti concluded with confidence: “The film is coming, and when the time is right, we’ll have much more to share.”

The chief executive of Stack BTC, a bitcoin company promoted by Nigel Farage, has departed as the venture seeks to assure investors of its potential for long-term value. Stack BTC was launched earlier this year with significant fanfare, counting Farage and former chancellor Kwasi Kwarteng among its initial shareholders.The company, originally founded in 2021 by Jai Patel under the name Kasei Investment Holdings, has undergone a rebranding. Its aim is to encourage investments in cryptocurrencies, particularly targeting individuals over 45. However, its previous iteration, Kasei, faced liquidation last year due to adverse market conditions and an inability to raise further capital.Stack BTC's strategy involves accumulating bitcoin and operating as a venture capital firm, investing in smaller companies and reinvesting revenue in bitcoin. The company's share price is expected to correlate with the price of bitcoin. Farage invested £215,000 in the company, and on paper, the value of his stake appears to have increased by more than £200,000.Jai Patel's departure was announced on Wednesday, with the company stating that the move is part of efforts to strengthen the executive team and deliver long-term value for shareholders. Patel has been replaced by David Galan, a former real estate executive with experience in capital markets and mergers & acquisitions.CryptoUK's Ian Taylor expressed skepticism about the company's prospects, suggesting that the involvement of Farage and Kwarteng may deter potential investors. Taylor noted that the company's approach appears to be a PR branding exercise rather than a genuine investment opportunity.

Israel has appointed Michael Lotem as its first ambassador to Somaliland, marking the latest milestone after the country officially recognized the self‑declared state in December 2025. Lotem, who previously served as Israel’s ambassador to Kenya, was announced by Israel’s public broadcaster on Wednesday. Somaliland’s president, Abdirahman Mohamed Abdullahi, hailed the appointment in a joint parliamentary session, declaring Israel a “reliable partner” and prompting applause from lawmakers. In stark contrast, Somalia’s foreign ministry condemned the decision, labeling it a “direct breach” of Somali sovereignty and unity. The condemnation echoed broader disapproval from the UN Security Council, the African Union, the Organisation of Islamic Cooperation and the European Union, all of which have criticized Israel’s recognition of Somaliland. Since the December announcement, diplomatic activity has accelerated. Israeli foreign minister Gideon Saar visited Hargeisa in January, and Somaliland’s water ministry sent a delegation to Israel for training in water‑management techniques. President Abdullahi told Reuters in February that a trade agreement with Israel is expected soon. Israel has also granted diplomatic approval to Mohamed Hagi, a presidential adviser instrumental in securing recognition, designating him as Somaliland’s first ambassador to Israel. Somali officials warn that the deepening ties could destabilise the region. President of Somalia earlier this year called Israel’s outreach the “gravest attack” on Somali sovereignty and suggested Israel might seek to establish a military base to launch operations against Yemen. Geographically, Somaliland sits across the Gulf of Aden from Yemen, where the Iran‑backed Houthi movement controls the northwest and remains hostile to Israel. The Houthis have publicly stated that any Israeli presence in Somaliland would be a legitimate target. In March, Somaliland’s minister of the presidency, Khadar Hussein Abdi, told Bloomberg that the country aims for a “strategic relationship” with Israel that includes security cooperation. He did not rule out the possibility of an Israeli military base, noting that such a decision “will be analysed at some point.” Somalia’s state minister for foreign affairs, Ali Omar, reiterated to Al Jazeera that Somalia does not want its territory drawn into external confrontations that could further destabilise an already sensitive region. The appointment of an Israeli ambassador therefore not only solidifies bilateral ties but also introduces new strategic calculations for regional actors, potentially reshaping security dynamics in the Horn of Africa and the broader Red Sea corridor.

A Pakistani delegation headed by Army Chief General Asim Munir arrived in Tehran on Wednesday, bearing a fresh message from Washington and urging the launch of a second round of negotiations between the United States and Iran. The effort comes as the two‑week ceasefire that halted hostilities last week is set to expire on April 22, leaving a narrow window to end a war that has claimed more than 4,000 lives across the Middle East, primarily in Iran and Lebanon. The initial round of talks, held in Islamabad on April 11‑12, marked the most significant direct engagement between Washington and Tehran in decades. Mediated by Pakistan, the sessions lasted over 20 hours and featured both indirect and direct exchanges between U.S. Vice President JD Vance and senior Iranian officials led by Parliament Speaker Mohammad Bagher Ghalibaf. Despite covering core issues—nuclear programme, sanctions relief, frozen assets and control of the Strait of Hormuz—the talks concluded without a memorandum, with Vance asserting that Iran “did not accept our terms” and that the U.S. requires a “fundamental commitment” to forego nuclear weapons. President Donald Trump has described the conflict as “very close to being over” and hinted that a second round could resume within days, possibly in Islamabad. However, Pakistan’s Prime Minister Shehbaz Sharif is currently on a four‑day tour of Saudi Arabia, Qatar and Turkey to rally regional backing, making a rapid return to Islamabad uncertain. U.S. officials have offered an “in‑principle” agreement to extend the ceasefire, yet a Reuters‑cited source confirmed that Washington has not formally committed to an extension. Meanwhile, Turkish President Recep Tayyip Erdogan expressed optimism, stating that “there can be no negotiating with clenched fists.” Key sticking points remain: Nuclear programme: The United States and Israel demand a complete halt to uranium enrichment, accusing Iran of weaponization despite a lack of public evidence. Iran maintains its enrichment is for civilian use and cites its obligations under the 1970 Non‑Proliferation Treaty. Strait of Hormuz: One‑fifth of global oil and LNG passes through this chokepoint. Since the February strikes, shipping through the strait has dropped by 95 %. Iran permits passage for “non‑hostile” vessels and seeks the right to levy tolls, while the U.S. insists on unrestricted navigation. Lebanon/Hezbollah: Iran demands that Israel cease its offensive against Hezbollah. While Tehran claims the ceasefire covers Lebanon, both the United States and Israel reject this, and Israel continues attacks on Hezbollah positions. Complicating the diplomatic landscape, President Trump announced a naval blockade of Iranian ports, adding pressure on Tehran and potentially hindering any imminent talks. With the ceasefire deadline looming and regional actors issuing mixed signals, the prospects for a renewed U.S.–Iran dialogue hinge on whether Pakistan can secure a consensus among the parties before the window closes.