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The collapse of talks between the US and Iran has sent shockwaves through global markets, fuelling fears of a prolonged energy crisis and rising inflation. The failure to reach a peace deal has left large numbers of oil tankers stuck in the Persian Gulf, with oil prices fluctuating wildly in response to the uncertainty.US Vice-President JD Vance has blamed the collapse of the talks on Tehran's refusal to abandon its nuclear weapons programme, while Iranian sources have hit back at what they describe as 'excessive' demands from Washington. The stalemate has raised concerns about the long-term impact on the global economy, with governments and central banks warning of higher inflation and interest rates.Mohamed El-Erian, an adviser to Allianz, has cautioned that uncertainty will continue to dominate assessments of the financial impact from the conflict. 'Absent a swift resumption of negotiations, the immediate reaction of financial markets when they open for the trading week will be to push oil prices higher and borrowing costs higher,' he said.The International Monetary Fund and World Bank's spring meetings in Washington will focus on the war's impact on the global economy, with the IMF's managing director, Kristalina Georgieva, indicating that the fund will present three scenarios predicting lower economic growth and higher inflation. The IMF is also expected to highlight the impact on vulnerable economies.In the short term, oil prices have ended the week lower, with Brent crude at $94.26 a barrel and West Texas Intermediate crude at $95.63 a barrel. However, global stock markets have rebounded after a temporary ceasefire was announced, with the S&P; 500 close to its level before the US-Israeli attacks on Iran began.

Zappa Montag walks through a 76‑hectare (189‑acre) forest of redwoods, madrones and oaks that he co‑manages with five other Black residents at Black to the Land in Boonville, California. Powered by solar panels and supplied by a well, the off‑grid ecovillage embodies Montag’s goal to “reverse‑gentrify the country” by creating a self‑sufficient sanctuary for Black people. Intentional communities—small groups united by shared values—have long served Black and Indigenous peoples, ranging from urban co‑housing to rural ecovillages. In the post‑slavery era, tightly knit Black networks relied on mutual aid for business and farming, a tradition that is resurfacing in places like Alabama, Massachusetts and California as a way to revive ancestral agricultural knowledge. Montag and his daughter Bibi Sarai first imagined Black to the Land in 2015, frustrated by the rapid gentrification of Oakland. After a 2021 introduction to the declining Emerald Earth Sanctuary in Mendocino County, the nonprofit transferred stewardship of the property to their group through a verbal and written agreement. Montag describes the hand‑over as a form of reparations—instead of cash, they invest time learning land stewardship. Tragedy struck in February 2023 when Bibi Sarai died unexpectedly. Yet, reports that visitors felt uplifted after summer stays convinced Montag to stay permanently, turning grief into a catalyst for the community’s growth. Today, the community—members ranging from their late 20s to mid‑50s—funds land maintenance through grants, workshops and fundraising. They host classes on building, gardening and foraging, while some members work remotely to cover personal expenses. African plant‑medicine practitioners prepare herbal remedies, and a partnership with Ghanaian ecovillage leaders introduces natural‑building techniques. In addition to cultivating vegetables, the residents construct clay dwellings, practice yoga, and collectively manage chores such as fire‑wood gathering and trench‑building to prevent driveway flooding. Self‑reliance is the guiding principle, especially amid today’s economic uncertainty. The BIPOC Intentional Community Council, founded in 2020, supports Black and brown groups in establishing similar settlements by providing funding, nonprofit‑formation workshops and land‑trust guidance. Board member Crystal Byrd Farmer notes a growing “back‑to‑the‑land” movement as people seek rural roots. While mainstream media sometimes label intentional communities as radical, Farmer argues they echo millennial human practices of mutual support. Most U.S. intentional communities remain majority‑white due to historic capital access, leaving people of color to feel culturally alienated in those spaces. In Alabama, the Ekvn‑Yefolecv ecovillage—run by Indigenous Maskoke families—reclaimed 3,105 hectares (7,674 acres) of ancestral land. Governed matriarchally, residents speak their language daily, practice traditional foraging, reintroduce buffalo and sturgeon, and share land title, offering a model of ecological sustainability and cultural preservation. Massachusetts hosts the Solidarity Arts & Education Decolonial Initiatives (SAEDi) collective, a communal home for women of color that blends art, food sovereignty and reparations work. Rent is adjusted to ability, and members contribute childcare, meals and chores. Plans include a garden, orchard, and a “green residency” program that will archive elders’ agricultural stories online, aiming to boost security for immigrant families amid rising xenophobia. The modern roots of Black intentional living trace back to 1969’s New Communities in Georgia, a civil‑rights‑era farming settlement that pioneered the nation’s first community land trust. Although federal opposition led to its collapse, a 2009 $12 million settlement acknowledged USDA discrimination. Today, the organization runs workshops on land stewardship and mentors new generations of Black farmers. For Montag, the land also serves as a personal memorial. A clay bench honors his late daughter Bibi Sarai, allowing him to “connect with humanity” and keep her spirit alive. Future plans include grief‑focused rituals and a memorial garden, underscoring the belief that joy and healing are essential components of communal living. Increased security and safety Marginalized groups view intentional communities as safe havens for preserving cultural practices and passing knowledge to youth. Elders’ expertise is documented for future generations, reinforcing resilience against systemic oppression. Empowering collective action From the civil‑rights farms of Georgia to contemporary ecovillages in California and Alabama, these settlements illustrate how shared land ownership, communal labor and cultural affirmation can counter gentrification, foster economic independence, and nurture intergenerational healing.

The UK housing market is experiencing a downturn due to the Iran conflict, which has led to increased uncertainty and fear among buyers and sellers. This conflict has resulted in lenders pulling hundreds of mortgage products within 48 hours of the war's outbreak, replacing them with more expensive deals.As a result, buyers and sellers are having second thoughts, with some pulling out of deals altogether. The mood in the market is one of 'fear and uncertainty,' according to Andy Wicking, director of the Charles Bainbridge estate agency in Canterbury.In the first three months of this year, just 47% of homeowners who asked Wicking to value their property went on to list it, a significant drop from 68% in the same period in 2025. Wicking notes that owners are still asking for valuations but not acting on them.At the bottom end, first-time buyers and those with the smallest deposits and least experience of riding out a turbulent market are pulling out. Wicking says, 'The chains falling down at the lower end, they're the really cautious ones.'For those who do make it to market, prices are slumping. A house valued at £600,000 may now go on at £575,000 to get buyers through the door. Surveyors are increasingly down-valuing properties too.The conflict has also led to a rise in interest rates, with the average two-year fixed-rate mortgage standing at 5.90% on Wednesday, up from 4.83% at the start of March. Nearly a million homeowners are due to come off five-year fixed deals this year, with those who have secured new deals paying an average of £94 more a month.The timing of the conflict couldn't be worse for owners who usually bring their homes to market after hunkering down for the winter. As Brian Swint, an independent mortgage broker, notes, 'It's the fear.'

Brian Cox’s latest live show, ‘Emergence’, draws its spark from Johannes Kepler’s 1609 treatise ‘The Six‑Cornered Snowflake’. Cox explains that Kepler’s wonder at the symmetry of snowflakes, written during a Prague snowstorm, embodies the modern scientific quest to understand the origins of patterns we observe.He says the show explores three realms: what we know, what we don’t know, and what may remain unknowable. This framework sets the stage for his reflections on the biggest unanswered questions in science.If he could answer any scientific mystery, Cox would choose the existence of life beyond Earth. He points to current missions—two spacecraft heading to Jupiter’s moons and the James Webb Space Telescope probing exoplanet atmospheres—as promising avenues that might soon reveal a biosignature.When asked about the future of technology, Cox warns that the trajectory of artificial intelligence is still opaque, making it both thrilling and potentially hazardous. He adds that quantum computing is another frontier with wildly divergent timelines—some experts see breakthroughs within five years, others doubt they’ll arrive in a lifetime—highlighting the revolutionary yet unpredictable nature of these tools.Cox also reflects on his shifting stance toward social media. He admits moving from early optimism about its democratizing power to a more critical view of its noise and misinformation, while acknowledging its complex impact on politics and public discourse.On personal advice, Cox stresses the importance of following one’s passion: “Do what you most enjoy,” he says, recalling his own journey from a teenage musician to a celebrated astronomer, supported by parents who encouraged his interests.He shares a memorable fan encounter: at an ELO concert, a man introduced himself as Paul McCartney after asking a question about Saturn’s moon Enceladus—an encounter that left Cox “overwhelmed” as a lifelong Beatles fan.When asked about a pop‑culture stance, Cox admits he is largely out of touch, but notes that musical innovation seems to have plateaued since the 1980s, contrasting the rapid evolution of earlier decades.One of his favorite astronomical facts is the staggering number of observable galaxies: about two trillion. He highlights how, within a century, humanity moved from debating whether other galaxies existed to quantifying an immense cosmos, also measuring its age at roughly 13.8 billion years.Brian Cox will tour ‘Emergence’ across Australia from 5 to 30 May 2026.

Israeli Prime Minister Benjamin Netanyahu announced on Thursday that his cabinet has been directed to begin cease‑fire talks with Lebanon "as soon as possible", a day after Israel launched its largest‑scale offensive against the neighbour, resulting in over 300 fatalities and more than 1,150 injuries.Netanyahu said the request followed “repeated calls” from Beirut for direct dialogue, yet he reaffirmed that Israel will continue targeting Hezbollah. Analysts caution that the intensified strikes could undermine the US‑Iran cease‑fire negotiations slated to start Saturday in Pakistan.The heavy bombing on Wednesday was carried out without the customary warnings, just hours after the United States and Iran announced a two‑week cease‑fire in the broader US‑Israel‑Iran conflict that began on 28 February. While attacks persisted into Friday, their intensity had lessened, and Hezbollah responded with missile fire into Israeli territory.Experts suggest the Wednesday onslaught was designed to disrupt Tehran’s diplomatic overtures, as Iran has insisted that any negotiations must be predicated on a halt to hostilities against both Iran and its ally Hezbollah.Hezbollah, which originated as a resistance movement to Israel’s 18‑year occupation of southern Lebanon (1982‑2000), now functions as both a political party and a formidable armed group—described as comparable to a medium‑sized army and stronger than the Lebanese military.Both Israeli and Lebanese officials have signalled a willingness to engage in peace talks, but Israel’s ongoing bombardment fuels scepticism. Netanyahu reiterated that disarming Hezbollah remains a top priority, even as he ordered the commencement of negotiations.Israeli army chief Eyal Zamir warned on X that the Israeli Defence Forces will continue to fight Hezbollah with “great intensity” and are prepared to resume full‑scale operations if required.Lebanese Prime Minister Joseph Aoun welcomed the prospect of talks, yet Beirut has insisted that any negotiations must occur only after a complete halt to Israeli attacks.The United States is reportedly applying pressure on Israel to curb its campaign. According to a Wall Street Journal report, former President Donald Trump called Netanyahu to urge an end to the bombing, a message echoed by Vice President JD Vance, who said Israel had agreed to “check itself” in Lebanon. European allies, notably Germany and France, have also called for an immediate cessation of hostilities.Hezbollah, which holds 15 of Lebanon’s 128 parliamentary seats, has categorically rejected any dialogue with Israel. Analysts note that Iran’s insistence on including Lebanon in the cease‑fire agreement could strain relations with the Lebanese government, which seeks a greater say in any war‑time decisions.Iran’s 10‑point peace proposal to the United States explicitly demands that Israel halt attacks on all Iranian allies, including Hezbollah, for the cease‑fire to hold. Continued Israeli strikes are therefore viewed as a “grave violation” of Tehran’s red lines and could jeopardise the fragile truce.Confusion persists over whether Lebanon was part of the US‑Iran cease‑fire deal. While Pakistan’s Prime Minister Shehbaz Sharif affirmed that the agreement covered “everywhere including Lebanon,” U.S. officials, including Trump and Vance, later claimed Lebanon was not included, leading to mixed messages on the ground.As displaced Lebanese begin returning home, the uncertainty surrounding the cease‑fire’s scope underscores the complex web of regional actors—Israel, Hezbollah, Iran, the United States, and Pakistan—each influencing the prospects for a sustainable peace.

Shipping through the strategic Strait of Hormuz remains effectively halted even after Washington and Tehran announced a two‑week ceasefire on Tuesday, dampening expectations of a swift end to one of the most severe energy disruptions in recent memory. According to ship‑tracking data from market‑intelligence firm Kpler, only five vessels crossed the waterway on Wednesday, down from eleven the day before, and seven managed the passage on Thursday. The figure is a stark contrast to the pre‑conflict norm of 120‑140 daily transits that the strait typically handled before the February 28 attacks by the United States and Israel. More than 600 vessels, including 325 tankers, are still stranded in the Gulf, as reported by Lloyd’s List Intelligence. Ana Subasic, Kpler’s trade‑risk analyst, warned that even if the ceasefire holds, safe‑passage capacity is likely to stay limited to 10–15 ships per day, reflecting shipowners’ caution and the absence of any toll‑free guarantee. The strait channels roughly one‑fifth of the world’s oil and LNG supplies. Its continued blockage therefore sustains pressure on global energy markets. After a brief dip, Brent crude rose to $96.39 a barrel at 02:00 GMT on Friday, having slipped below $95 the previous day. U.S. President Donald Trump accused Iran of violating the ceasefire’s “safe passage” clause, labeling Tehran’s performance “very poor” in a Truth Social post. Iran’s foreign minister, Abbas Araghchi, countered that the United States had not honored its commitments, urging Washington to choose between a genuine ceasefire and “continued war” linked to Israel’s actions in Lebanon. Maritime veteran C Uday Bhaskar described the atmosphere in the strait as one of “uncertainty and anxiety,” noting that shipping firms remain fearful, especially after Iranian statements about newly laid mines. Sultan Ahmed Al Jaber, CEO of the UAE’s state‑run oil giant ADNOC, echoed the sentiment, asserting that Iran’s conditional permissions amount to “coercion, not freedom of navigation.” Asian equity markets responded positively to the tentative easing of oil price pressure. Japan’s Nikkei 225 climbed 1.8 %, South Korea’s KOSPI rose about 2 %, and Hong Kong’s Hang Seng Index gained roughly 1 % in early Friday trading. While the ceasefire offers a diplomatic window, the reality on the water remains stark: the Strait of Hormuz is far from open, and the global energy system continues to feel the strain of constrained maritime traffic.

It's been six months since a ceasefire agreement was brokered between Israel and Hamas, but the reality on the ground in Gaza remains dire. The agreement, which was intended to mark a turning point towards ending the war and initiating a recovery phase for Gaza's population, has failed to deliver tangible improvements in humanitarian or security conditions for Palestinian civilians.The ceasefire has been plagued by ongoing Israeli attacks, with over 700 Palestinians killed since the agreement came into effect. The Israeli army has continued its military operations, raising questions about the fragility of the ceasefire and the role of mediators in enforcing its terms.The humanitarian situation in Gaza remains critical, with food and aid supplies below minimum requirements. The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) reported that only 4,999 aid trucks entered Gaza out of 23,400 planned, and only 625 people out of 7,800 were allowed to travel through crossings. This has led to widespread malnutrition and famine-like conditions in the region.The ceasefire has also failed to address the issue of Israeli control over Gaza. The Israeli army has established a so-called 'Yellow Line' as a separation boundary, dividing Gaza into zones of control. Israel maintains effective control over roughly 50-55% of the Strip, including large areas of Rafah, Khan Younis, and northern Gaza.In conclusion, six months on, the ceasefire in Gaza has not produced a sustainable transformation and remains closer to a temporary truce than a final settlement. The situation on the ground is one of 'neither war nor peace,' with over two million people continuing to face deep uncertainty and a lack of meaningful political or humanitarian stabilization.

Chelsea's Enzo Fernández is facing increased uncertainty over his future at the club after Liam Rosenior hinted at 'a few hurdles' that need to be overcome. Fernández has been serving an internal two-match suspension for comments made during the international break that appeared to court Real Madrid. Despite apologizing, Fernández will miss Chelsea's Premier League game against Manchester City on Sunday.Rosenior expressed hope that Fernández would be a 'massive part of the group moving forward' but acknowledged there are issues to clear up. Meanwhile, Pep Guardiola has stressed that Manchester City must win every game, starting with Sunday's fixture at Chelsea, to have any chance of winning the Premier League title.In other news, Mikel Arteta has praised Eberechi Eze's determination to return early from a calf injury. Eze is set to feature against Bournemouth on Saturday and has impressed Arteta with his 'obsession' with improving since joining Arsenal last summer.

JD Vance, the United States vice‑president, issued a stark warning to Tehran as he boarded Air Force Two for Pakistan: Iran must not attempt to "play" the United States at the peace talks scheduled for Saturday in Islamabad. The talks, mediated by Pakistan, could determine whether the fragile ceasefire in the region holds or if hostilities resume, with significant repercussions for the global economy, especially oil markets. Iranian parliamentary speaker Mohammad Bagher Ghalibaf and foreign minister Abbas Araghchi have conditioned their participation on two unmet measures: a full ceasefire in Lebanon and the release of Iran’s blocked assets. Ghalibaf posted on X that "Two of the measures mutually agreed upon between the parties have yet to be implemented." Uncertainty lingered on Friday night about whether the Iranian delegation would even travel to Islamabad. Earlier reports indicated that Israel had removed the Iranian officials from its bombing target list at Washington’s request. Meanwhile, Donald Trump amplified the tension, telling the New York Post that U.S. forces were "loading up the ships with the best ammunition" and would use them if negotiations failed. He later posted that Iran "has no cards" except short‑term extortion of international waterways. The backdrop to the talks is a worsening Lebanon‑Israel confrontation. More than 300 Lebanese civilians have been killed since the ceasefire began, and 13 Lebanese security personnel died in an Israeli strike on a government building in Nabatieh. Trump and Israeli Prime Minister Benjamin Netanyahu dispute whether the April 7 ceasefire between the U.S. and Iran includes Lebanon, and Israel continues bombing Hezbollah‑linked targets despite Netanyahu’s earlier statements about opening negotiations with the Lebanese government. Oil markets have felt the shock. The February 28 U.S.–Israeli strike on Iran and Tehran’s subsequent closure of the Strait of Hormuz—shutting off roughly one‑fifth of the world’s oil and liquefied natural gas—triggered a sharp price spike, adding political pressure ahead of the November U.S. congressional elections. Vance, however, expressed optimism as he departed for Islamabad: "We’re looking forward to the negotiation. I think it’s going to be positive. If the Iranians are willing to negotiate in good faith, we’re certainly willing to extend the open hand." He added, "If they’re going to try and play us, then they’ll find the negotiating team is not that receptive." The U.S. delegation also includes senior adviser Steve Witkoff and former senior adviser Jared Kushner, both of whom participated in earlier talks on Iran’s nuclear and missile programmes before the February attack. Negotiations are expected to focus on reopening the Strait of Hormuz, the future of Iran’s nuclear program, potential sanctions relief, reparations for war damage, and the release of Americans detained in Iran, according to the Washington Post. Advance teams from the United States and Iran have already taken up rooms at Islamabad’s five‑star Serena hotel, with Pakistani officials acting as intermediaries. Security forces have established a two‑mile perimeter around the hotel, declared a public holiday, and locked down the city centre to ensure a safe environment for the high‑stakes mediation. Hezbollah, while not commenting directly on the Lebanese‑Israeli negotiations, issued a statement urging the Lebanese government to stop "making gratuitous concessions" and vowed to continue fighting to "expel the occupier." The Lebanese army has reinforced its presence in Beirut following an Israeli strike that killed at least 303 people. Fighting persists in southern Lebanon, with Hezbollah claiming to have struck Israeli soldiers near Bint Jbeil—a town symbolic of resistance from the 2006 war—and launching rockets into Israel throughout Friday. Israel’s airstrikes across Lebanon have intensified, culminating in the Nabatieh attack that killed the highest number of Lebanese security forces to date.