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Pellegrino Matarazzo, the coach of Real Sociedad, has had an extraordinary journey from New Jersey to Seville. Born to Neapolitan émigrés, Matarazzo's love for football was ignited at a young age. He earned a degree in applied mathematics from Columbia University but chose to pursue a career in football instead of investment banking.Matarazzo's journey took him from playing in Germany's third and fourth tiers to coaching in the Bundesliga. He successfully led Stuttgart back to the Bundesliga and Hoffenheim back to Europe. His impressive track record made him an attractive candidate for Real Sociedad, a team he joined in December.Under Matarazzo's leadership, Real Sociedad has experienced a remarkable turnaround. The team had just 17 points in 17 games and was on the brink of relegation. However, Matarazzo's impact was immediate, and they are now within reach of a Champions League place and feature in a cup final, having defeated Athletic en route.Matarazzo attributes his success to his ability to adapt to different cultures and his willingness to connect with the people and history of the region. He emphasizes the importance of understanding the club's values and identity, which has earned him the appreciation of the fans.As Real Sociedad prepares to face Atlético Madrid in the Copa del Rey final, Matarazzo expresses his excitement and gratitude for the opportunity. He acknowledges the significance of the moment, not just for the team but also for the city and the fans, who have been waiting 39 years for a cup final.

Chancellor Rachel Reeves cautioned that the push to raise Britain’s defence budget will likely demand reductions in other spending areas, notably welfare, as the nation confronts escalating geopolitical pressures. She emphasized that the government is exploring a range of options but aims to avoid new taxes or extra borrowing, noting that “we already spend £1 in every £10 on servicing the debt.” Reeves highlighted her willingness to challenge party orthodoxy, pointing to last year’s budget moves that freed additional funds for defence, and said, “I’m willing to make difficult choices for national security.” Speaking on the sidelines of the International Monetary Fund spring meetings in Washington, she referenced the government’s 10‑year defence investment plan and stressed the importance of allocating resources appropriately. While refusing to detail which welfare programmes might be trimmed, Reeves reaffirmed that “national security always comes first” and confirmed that Labour will keep its manifesto pledge to retain the pension triple‑lock. Her stance mirrors Health Secretary Wes Streeting, who earlier warned that welfare reforms could be required to meet “the challenge of the world we face.” The Starmer administration faces mounting pressure from opposition MPs and senior military figures, especially after US President Donald Trump’s threats to withdraw the United States from NATO and the ongoing Iran‑Israel and Russia‑Ukraine conflicts. Current forecasts show UK defence spending reaching 2.6 % of GDP by April 2027, surpassing targets set by both Labour and the opposition before the 2024 general election. Reeves proudly noted that her previous budgets delivered “the biggest uplift in defence spending since the end of the Cold War,” arguing that a robust economy depends on strong national security. The IMF warned that a further escalation in the Middle‑East could trigger a global recession, with the UK potentially hit hardest among G7 nations, and cautioned that government debt is on track to hit its highest level since World War II. To fund household and business support without widening the fiscal gap, Reeves suggested reprioritising other budgets, criticizing the blanket subsidies of the previous Conservative government that cost over £100 billion and contributed to higher inflation and interest rates. She concluded that “the best way to help families and businesses is to keep prices, costs and interest rates down,” underscoring the fiscal balancing act ahead.

Eddie Howe finds himself under unprecedented pressure as April brings a familiar sting: Newcastle United sit 14th in the Premier League with only six games left to convince the board that his tenure should continue. The club’s hierarchy, led by sporting director Ross Wilson and chief executive David Hopkinson, faces a stark financial reality. To stay within European and Premier League spending rules, Newcastle will likely need to sell at least one, possibly two, of Sandro Tonali, Anthony Gordon and Tino Livramento before the September transfer window. If the team fails to qualify for Europe, all three may demand exits. Last summer’s transfer activity has drawn criticism. The £125 million received from Alexander Isak’s sale to Liverpool was funneled into a £220 million spending spree on Nick Woltemade, Yoane Wissa, Anthony Elanga and Jacob Ramsey. Yet all four starters began the season on the bench, and Newcastle have lost 25 points from winning positions this campaign, including a 2‑1 defeat to Crystal Palace. Adding to the woes, Woltemade – a £69 million acquisition – appears ill‑suited to Howe’s preferred 4‑3‑5 formation. Despite scoring ten goals, his size and pace make him more of a deep‑lying No 10 than a traditional centre‑forward, forcing him to operate in midfield. Howe’s tactical rigidity is also under scrutiny. His high‑pressing, counter‑attacking 4‑3‑3 system, which delivered Champions League spots and a Carabao Cup triumph in previous seasons, now seems predictable. Opponents have adapted, and Newcastle have kept only three clean sheets in their last 25 league matches, often burning out after the 75‑minute mark. Critics point to a lack of fresh ideas within the coaching staff. Howe’s long‑standing backroom team, headed by assistant Jason Tindall, has remained largely unchanged since their Bournemouth days, potentially fostering a “group‑think” mentality. Former defender‑turned‑analyst John Anderson argues that “a fresh pair of eyes” could rejuvenate the squad, citing Sir Alex Ferguson’s practice of periodically bringing in new coaches. The club’s Saudi owners, already displeased by recent defeats to promoted Sunderland, may be reconsidering the level of autonomy granted to Howe and his nephew Andy Howe in player recruitment. The upcoming match against Bournemouth holds added significance, as Howe has never beaten his former club in a league encounter. Ultimately, Howe’s future hinges on two factors: his willingness to cede some control over recruitment and his ability to embrace new coaching perspectives. Even a short‑term revival in the next six games could restore boardroom confidence, but a failure may end his five‑year spell at St James’ Park.

LIV Golf, a breakaway tour backed by Saudi Arabia's Public Investment Fund (PIF), is facing an uncertain future as the fund is expected to withdraw its support in 2026. This development has significant implications for the careers of several leading golfers who made lucrative switches to LIV. The PIF's expected withdrawal could leave many golfers in career limbo, with some, such as Bryson DeChambeau and Jon Rahm, potentially having a pathway back to the PGA Tour. However, the future for others who joined LIV is far more uncertain. The tour's executives recently attended a summit with the PIF in New York, where the financial impact of the Middle East crisis was discussed. LIV's chief executive, Scott O'Neil, has attempted to reassure staff and players that the tour's season will continue as planned, but the lack of commitment beyond 2026 has fueled speculation and concern. Since its inception in 2021, LIV is understood to have burned through more than $5bn of PIF money. Despite this, the tour has made strides towards becoming more commercially viable, attracting blue-chip sponsors such as Rolex and HSBC. The PGA Tour has smoothed a path for some LIV golfers to return, including Brooks Koepka and Patrick Reed. However, the scenario for others is far less obvious, particularly for those who lack the pull to return to the PGA Tour. The DP World Tour, formerly European Tour, may benefit from LIV's potential demise, given its willingness to re-engage with LIV players. The uncertainty surrounding LIV's future also has implications for women's golf in Europe, with the PIF Saudi Ladies International and other events potentially being affected if the kingdom diverts attention away from the sport.

Comedian Phil Ellis has taken a unique approach with his new show 'Bath Mat', embracing his midlife failures and inviting the audience to join in on the laughter. The show features a hype-man, played by fellow comedian Tom Short, who sets the tone with a list of Ellis's non-achievements. Ellis' recent move back in with his parents and his struggles with singleness, balding, and financial struggles are all fair game for comedy. The show is a raucous laugh-along, with Ellis straw-polling his observations with the audience and laughing throughout. While the show has its moments, it lacks the concentrated hits of Ellis' previous work. The structure is loose, with barely related routines and more emphasis on standup than antics. Sections like the chat about roadkill and luxury pet treatment feel more like 'all-in-it-together bants' than precision-focused comedy. However, Ellis' ability to find humor in his own failures and celebrate the ramshackle is part of his charm. Fans of his chaotic kids' show 'Funz and Gamez' will appreciate his skill in creating a diffuse but entertaining show. The titular routine, where Ellis canvasses the crowd about bath mats, is a highlight, triggering a lively and entertaining response. The show's humor is rooted in Ellis' willingness to poke fun at himself, sharing amusing snaps from his childhood photo album and tales of duff gigs. While not all routines earn the hype-man's exclamation points, that's part of the point – Ellis glories in the ramshackle and finds humor in his own crapness.

President Donald Trump announced on Fox Business that he will dismiss Federal Reserve Chair Jerome Powell should the governor refuse to leave his post when his term concludes on May 15. The statement, made during an interview with Maria Bartiromo, underscored the president’s willingness to act, saying he “has wanted to fire him, but I hate to be controversial… he will be fired.” Legal scholars and policy analysts quickly cautioned that the president’s threat is not grounded in statutory authority. Skanda Amarnath, executive director of the think‑tank Employ America, told Al Jazeera that the administration is already losing a court battle over an attempt to remove Fed Governor Lisa Cook and would likely face the same outcome if it pursued Powell’s removal. The controversy emerges as the Senate Banking Committee prepares to consider Kevin Warsh, Trump’s nominee to succeed Powell. Warsh’s hearing is scheduled for next Tuesday, but his confirmation remains uncertain. North Carolina Senator Thom Tillis has pledged to block the nomination until the ongoing federal criminal probe into Powell’s conduct concludes. If the Senate fails to confirm a new chair, Powell would remain at the helm until a successor is appointed, extending the period of tension between the White House and the central bank. Trump also referenced a separate investigation into a costly Fed building renovation, noting that U.S. Attorney Jeanine Pirro has not indicated any change in the probe’s direction. However, a federal prosecutor later reported that the investigation uncovered no evidence of criminal wrongdoing. Critics argue that Trump’s broader agenda seeks to increase political control over the Fed’s seven‑member board, aiming to install members who share his economic outlook. Currently, the president has appointed three board members, and one seat—held by Governor Stephen Miran—has technically expired, which would need to be vacated for Warsh to join. Powell has framed the investigation as a pretext to undermine the Fed’s independence in setting monetary policy, a charge that resonates with concerns about preserving the central bank’s autonomy amid political pressure. Overall, the standoff highlights a clash between executive ambition and the institutional safeguards designed to keep monetary policy decisions insulated from short‑term political influence.

Tehran has issued an uncompromising demand for $270 billion in reparations for the devastation wrought by United States and Israeli strikes since the war began on 28 February. The figure, disclosed by government spokeswoman Fatemeh Mohajerani in an interview with Russia’s RIA Novosti, aggregates both direct and indirect losses across a wide range of sectors. Iran’s UN envoy asserted that five regional states must contribute to the compensation, alleging that their territories served as launchpads for attacks on Iranian soil. In parallel, Tehran floated a Strait of Hormuz protocol that would levy a tax on vessels transiting the strategic waterway, earmarking the proceeds for reconstruction. The war has battered Iran’s critical infrastructure: oil and gas complexes, petrochemical plants, steel and aluminium factories, as well as military installations have been repeatedly struck. Damage extends to bridges, ports, railways, universities, research centres, power stations and desalination plants, while countless hospitals, schools and civilian homes have been either damaged or razed. In the aviation sector, Maghsoud Asadi Samani, secretary of the Association of Iranian Airlines, reported that 60 civilian aircraft have been rendered inoperable, with 20 completely destroyed. Iran now operates roughly 160 passenger planes, many of which are decades old and suffer from parts shortages due to stringent US sanctions. The airline industry estimates losses exceeding 300 trillion rials (≈ $190 million) over just 40 days of conflict, compounded by the loss of anticipated revenue from the Nowruz holiday period. Despite the extensive damage, Iranian officials have signalled no willingness to make major concessions in forthcoming negotiations with Washington, including on nuclear enrichment. Hard‑line parliament spokesman Ebrahim Rezaei warned that extending the recent two‑week ceasefire would merely allow the US and Israel to replenish their arsenals, urging the United States to either recognise Iran’s rights—particularly over the Strait of Hormuz—or return to hostilities. Financially, Iran allocated close to $8 billion to its military in 2024, according to SIPRI, and has pledged to triple that budget following previous missile exchanges with Israel. Yet the economy remains strained by years of sanctions, mismanagement and corruption. Compounding the economic strain, the government‑imposed near‑total internet shutdown—affecting over 90 million users—has been estimated to cost the nation up to $80 million per day. Afshin Kolahi of the Iran Chamber of Commerce warned that the blackout equates to losing the output of four B1‑class bridges and two medium‑capacity power plants each day. While a limited “Internet Pro” service is being offered to select users, the majority of the population remains confined to a state‑controlled intranet, prompting widespread calls for internet freedom. These intertwined military, economic and digital pressures underscore the high stakes of the anticipated US‑Iran talks, with Tehran demanding acknowledgment of its losses and a pathway to rebuild a war‑torn nation.

The International Monetary Fund (IMF) has released its latest World Economic Outlook, warning of a significantly darkened global economic outlook. The report cites the outbreak of war in the Middle East on February 28, 2026, as a major factor in the deteriorating outlook.The IMF's January report was titled “Steady amid Divergent Forces”; whereas the latest outlook is headlined “Global Economy in the Shadow of War”. The IMF now expects the global economy to slow compared to its previous forecast in January.The latest outlook notes that the global outlook has abruptly darkened following the outbreak of war. Far be it for the IMF to gloat, but its suggestion in January that “steady” was not a word to describe the global economy unless you were desperately trying to make the madness of Donald Trump seem normal has aged quite well.The IMF remains unwilling to name Donald Trump, while noting the lingering effects of the persistent rise in energy prices since Russia’s invasion of Ukraine. However, it only talks about the Middle East conflict as though it sprang out of nowhere.The IMF warns of three possible scenarios: a bad scenario where Trump, Israel and Iran come to an agreement; an adverse scenario where things carry on for the rest of the year and oil stays around US$100 per barrel; and a severe scenario where nothing is resolved, oil prices reach $125 in 2027, gas prices increase by 200% over the same period, and food prices increase by 5% in 2026 and 10% in 2027.Even under the current bad scenario, the global economy is expected to slow compared to what the IMF forecast in January. But under the adverse and severe scenarios the global economy grows by just 2.0% this year and 2.2% next year.For context, over the past 40 years, the global economy has grown slower than 2.2% only three times – 1992 (global recession), 2009 (the GFC) and 2020 (Covid).The IMF has downgraded Australia’s growth by more than most. Even under the most optimistic scenario growth is 0.5% worse than was forecast last October – a bigger downgrade than all G7 nations.The IMF warns against governments doing popular things like energy caps or subsidies, designed to protect households and firms. It worries that such policies will increase inflation because we’ll all suddenly have so much more money to spend.Gas companies exporting LNG from Australia will be cheering on the war as it keeps gas prices – and their profits – ever higher. The senate is investigating changing the way gas is taxed. An ACTU proposal for a 25% tax on exports would raise roughly $17bn a year.

Kanye West has delayed his scheduled concert at Marseille’s Velodrome following reports that France’s interior minister is actively seeking to prevent the event due to the rapper’s recent antisemitic statements. The artist, who now goes by Ye, posted on X that after careful deliberation he has decided to postpone the Marseille show until further notice, citing the need to reassess the situation. A source close to Interior Minister Laurent Nuñez told AFP that the minister is "highly determined" to stop the 11 June performance and is exploring "all possibilities" to enforce a ban, including discussions with the regional prefect and the city’s mayor. Marseille’s left‑wing mayor Benoît Payan has publicly opposed the concert, stating that the city will not serve as a platform for "hatred and unabashed Nazism". He wrote on X, "Kanye West is not welcome at the Vélodrome, our temple of living together and belonging to all Marseillais." The controversy follows a series of provocations by the 48‑year‑old rapper, including a 2025 track titled Heil Hitler and the promotion of a swastika‑bearing T‑shirt. Major streaming services subsequently removed the song, and West later attributed his behavior to bipolar disorder in a public apology. Internationally, the United Kingdom has already barred West from entering the country, prompting the cancellation of his headline slot at the Wireless Festival. By contrast, the Dutch migration minister, Bart van den Brink, indicated no current plans to prohibit the artist from performing in the Netherlands. In an attempt to mitigate the fallout, West said he is willing to meet with London’s Jewish community to demonstrate genuine change, acknowledging that "words aren’t enough – I’ll have to show change through my actions." – AFP contributed to this report