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US markets witnessed a significant downturn on Thursday, marking their biggest slump since the onset of the US-Israel war with Iran. The Dow closed 450 points down, while the S&P 500 dipped 1.7%. The tech-heavy Nasdaq fell 2.3%, plunging into correction territory, which occurs when an index falls at least 10% below its most recent peak. The conflict has led to a surge in oil prices, reaching levels not seen since Russia's invasion of Ukraine in 2022. At the end of the day on Thursday, Brent crude oil, the global benchmark, was about $107 a barrel, while US crude hit $93 a barrel. Average US gas prices at the pump reached $3.98 a gallon, according to AAA. Despite the soaring prices, Donald Trump said that oil prices “have not gone up as much as I thought” during a cabinet meeting on Thursday. He predicted that prices would “come back down to where it was, and probably lower,” and that the impact on the stock market would reverse once the conflict ends. Markets have been growing weary of Trump's mixed signals on the US's stance in negotiations with Iran. Stocks dipped on Thursday morning after Trump posted a warning to Iranian negotiators that they “better get serious, before it’s too late.” However, later in the morning, Trump said that there were “very substantial talks” happening with Iran and that the country allowed 10 oil tankers to pass the blocked strait of Hormuz. The White House announced it will extend a pause on Iranian energy infrastructure strikes by 10 days, until 6 April. A new report estimates US inflation will average 4.2% this year, compared with an average of about 2.6% in 2025, according to the Organization for Economic and Cooperation and Development (OECD). The increase in inflation reverses what was expected to be strong growth for the global economy before the conflict began.

Raoul Peck's documentary about George Orwell and his enduring relevance takes as its keynote the heretical masterpiece Nineteen Eighty-Four and its famous scene about the state compelling people to believe whatever it says is the truth: that two and two make five. This Orwellian anti-arithmetic of tyranny has become a political meme often repeated in social media debates.The simple experience of hearing Orwell's prose, both from his published work and letters and diaries, read aloud by Damian Lewis, is invigorating and refreshing. There's an interesting emphasis on Orwell's physical frailty, with him effectively composing his masterwork in the shadow of death. Peck amusingly juxtaposes Orwell's sickness with Winston Smith being made to do exercises and the infatuation of tyrannical regimes with public displays of physical fitness.Peck cites various movie and TV adaptations of Nineteen Eighty-Four and includes footage of Jura, where Orwell went to live, and archive photo records of Orwell's childhood and early working life as a policeman in Burma. The film also shows how Orwell predicted the rise of AI in propaganda and in soulless bread-and-circuses for the masses.The film falls down in not focusing on actual theocracies of the present day and the Orwellian qualities of Isis and Hamas. The question of how far Orwell renounced his own earlier antisemitic tendencies is not entirely addressed in this film.Orwell was disliked by some on the left for daring to write Nineteen Eighty-Four and disliked still more with the revelation 30 years ago that in 1949 he had handed over to British authorities the names of 38 public figures he considered 'crypto-communists' – a fact from which this film averts its eyes. But Orwell's complications don't compromise his genius for truth-telling.

The deadly conflict in Iran has precipitated what the International Energy Agency describes as the worst oil crisis in history, creating a complex situation for global clean energy efforts. While climate advocates are calling for accelerated transition away from fossil fuels, the war simultaneously presents both opportunities and significant challenges for renewable energy development.US-Israeli strikes on Iran have critically disrupted supply routes through the Strait of Hormuz, a maritime channel through which 20% of global oil flows. The conflict has also seen direct attacks on fossil fuel infrastructure by all parties involved, creating additional market shocks and uncertainty.Interestingly, reduced reliance on oil and gas is proving beneficial for some regions navigating the ongoing fuel crisis. As Jan Rosenow, a professor of energy at Oxford University, explains: Electricity generated from wind and solar is largely insulated from fossil fuel price volatility – once built, the fuel is free.Countries with substantial renewable energy investments are demonstrating greater resilience. Spain and Portugal have witnessed electricity prices decline in recent weeks, while Pakistan has experienced a surge in rooftop solar installations over the past five years, helping the nation weather oil and gas market disruptions.The electric vehicle revolution is also providing some economies with protection against gasoline price increases. In China, more than 50% of all new cars sold are electric, while in Nepal, that figure reaches an impressive 70%.However, the war is creating near-term challenges that could impede clean energy growth. The conflict has disrupted transport routes for metals essential in solar panel construction, particularly aluminum. The Middle East accounts for approximately 9% of global aluminum production, and regional producers have begun scaling back operations amid the hostilities.Furthermore, the inflationary pressures stemming from the conflict pose significant hurdles for renewable energy projects, which require substantial upfront investment for construction, equipment, and installation.Paradoxically, the war and resulting energy shocks have provided a short-term boon for fossil fuels, including coal. Many Asian countries heavily reliant on imported liquefied natural gas (LNG) are burning more coal to meet energy demand as LNG supplies through the Strait of Hormuz become constrained.The conflict has also incentivized increased oil and gas drilling and exploration, as countries scramble to replace disrupted LNG supplies and higher prices make previously unviable projects economically viable. US company Venture Global recently announced a new five-year contract to supply LNG, while Canadian energy company TC Energy indicated that Iran war disruptions are increasing the likelihood of expanding a massive LNG export facility.The Trump administration has further incentivized oil expansion, recently announcing plans to pay a French company $1 billion to abandon offshore wind farm projects in favor of fossil fuel initiatives.Experts propose various policy responses to encourage the green transition during this crisis. Rosenow advocates for tax reform to reduce the disproportionate burden on electricity compared to gas. Professor Gregor Semieniuk suggests imposing windfall taxes on oil and gas companies during the war, while Lauren Pagel of Earthworks calls for ending fossil fuel subsidies and making polluters pay for their environmental impact.Despite the current challenges, Kingsmill Bond, a strategist for the energy thinktank Ember, maintains that this crisis could ultimately accelerate the clean energy transition: This is the first oil shock in history where oil faces a superior alternative. Solar, wind and EV are cheaper, local, faster to deploy, and huge.

Los Angeles Rams star receiver Puka Nacua is facing a civil lawsuit filed by a woman named Madison Atiabi, who claims he made an antisemitic statement and bit her on the shoulder on New Year's Eve. According to the lawsuit, Nacua allegedly said 'fuck all Jews' during a dinner in Los Angeles, which Atiabi, who is Jewish, found deeply distressing.The lawsuit also alleges that Nacua bit Atiabi on the shoulder, leaving teeth marks, and also bit her friend's thumb 'with such force that her companion screamed in acute pain.' The suit cites gender violence and negligence in addition to the antisemitic remark and biting incident.Nacua's attorney, Levi McCathern, has strongly denied the allegations, stating that multiple sober witnesses confirm Nacua never made the claimed comments. McCathern described the bites as 'horseplay' and announced that Nacua intends to sue Atiabi for defamation. This development comes after Nacua apologized last December for performing a gesture that invoked antisemitic tropes during an internet livestream.The 24-year-old receiver had a stellar season with the Rams, leading the league with 129 catches, 1,715 yards, and 10 touchdowns, and then leading the NFL again in playoff catches. His future with the Rams includes eligibility for a contract extension this offseason that could make him one of the highest-paid receivers in NFL history.

The App Store Connect Transformation Apple has announced a significant update to its App Store Connect service, introducing over 100 new metrics and tools designed to help developers better understand and optimize their apps' performance across Apple's platforms. This overhaul comes at a critical time as the tech industry debates the future of app stores in the age of artificial intelligence. Expanded Metrics and Data Insights The updated App Store Connect now provides developers with comprehensive metrics across key areas including monetization, subscription data, and in-app purchase performance. Unlike third-party services that offer estimated data, Apple's metrics are based directly on the company's own data, providing more accurate insights into app performance. Among the new features are subscription reports that can be exported via an API, enabling developers to analyze their apps' performance offline or integrate Apple's data into their own systems. Developers can now gain deeper understanding of their users by analyzing behavior around download dates, sources, offer start dates, and other key engagement metrics. Competitive Analysis and Benchmarking Apple has introduced peer group benchmarks that allow developers to compare their performance against competitors in critical areas like download-to-paid conversions and proceeds per download. This feature provides valuable context for developers to assess their market position and identify opportunities for improvement. Apple emphasizes that it uses aggregated cohort data and differential privacy techniques to protect both user privacy and individual developer performance data, ensuring that insights can be gained without compromising sensitive information. Enhanced Data Filtering and Analytics Guide Developers can now apply up to seven filters simultaneously when viewing metrics in App Store Connect, allowing for more granular analysis of their app data. This enhanced filtering capability enables deeper dives into specific aspects of app performance. To support developers in making data-driven decisions, Apple has published a new App Store Analytics Guide in the Help section of App Store Connect. This comprehensive resource aims to help developers better understand the App Store's tools and features and develop effective strategies for app success. Strategic Timing Amid AI Evolution The timing of this App Store Connect overhaul is particularly noteworthy, as the industry witnesses rapid advancements in AI capabilities. There's growing speculation that AI agents could eventually replace traditional app stores, with some industry leaders suggesting that smartphone apps may become obsolete as AI-powered web services become more prevalent. Apple appears to be strategically positioning itself to strengthen its lucrative App Store ecosystem rather than allowing it to be disrupted by emerging technologies. The company is reportedly planning to announce an AI-powered Siri at its upcoming developer conference in June, which will be capable of completing tasks within apps, potentially bridging the gap between traditional apps and AI-powered services.

A jury in the United States has ordered social media giant Meta to pay $375m for harming children's mental health and making them vulnerable to sexual exploitation.The verdict, handed down in New Mexico after a six-week trial, marks the first time a US state has successfully sued Meta over child safety issues. State authorities accused Meta, the parent company of Instagram, Facebook, and WhatsApp, of failing to protect minors.Jurors sided with state prosecutors who argued that Meta prioritized profits over safety and violated parts of New Mexico's Unfair Practices Act. The jury agreed with allegations that Meta made false or misleading statements and engaged in 'unconscionable' trade practices that unfairly took advantage of the vulnerabilities and inexperience of children.The case involved testimony from 40 witnesses, including employees-turned-whistle-blowers, and reviewed hundreds of documents, reports, and emails. New Mexico Attorney General Raúl Torrez called the verdict 'a historic victory for every child and family who has paid the price for Meta's choice to put profits over kids' safety.'Meta has stated that it will appeal the verdict, with a spokesperson saying, 'We respectfully disagree with the verdict and will appeal. We work hard to keep people safe on our platforms and are clear about the challenges of identifying and removing bad actors or harmful content.'A second phase in New Mexico's proceedings against Meta is scheduled to begin in May, when a judge will hear the state's claim that the company should be ordered to pay additional penalties and make specific changes to its platforms and company operations.

Photographer Peter van Agtmael captured a striking image during his first trip to Iraq 20 years ago, which has become a defining moment in his career. The photograph shows a dejected soldier sitting in a domestic living room, highlighting the incongruity of war in everyday life.Van Agtmael, who was 25 at the time, had been embedded with the US military for six weeks. He wanted to move beyond traditional war photography, which often focuses on violence and horror, and explore the human side of conflict. This image, he says, crystallized his understanding of the US military's role in the Middle East and the absurdity of war.The photograph shows a soldier in a mundane setting, which could be anywhere in the world. Van Agtmael notes that this juxtaposition of war and domesticity reveals the complexity of human nature and the proximity of war to everyday life. He believes that war is part of the human soul and that it's essential to acknowledge this reality.Van Agtmael's experience in Iraq was formative, and he reflects on the failures of the war in Iraq and Afghanistan. He questions the effectiveness of externally created regime change and the long-term impact of military interventions.As a war photographer, van Agtmael has grappled with the moral complexities of his work. He believes that thoughtful documentation of human violence can have a moral impact, but also acknowledges the challenges of being a witness to extreme violence.Now a father, van Agtmael has shifted his focus away from war photography. He reflects on the changing nature of his work and the importance of finding new purpose in life.

The Australian cricket team's Test season, a staple of the country's summer, is on the brink of a transformative change. Next season will feature four matches over four weekends, commencing in the second week of December and concluding a week into January. This shift has sparked concerns about the potential consequences for player well-being and the overall quality of the sport.Cricket Australia's decision to expand the schedule to seven Tests may seem beneficial, but the reality is that several matches will be played outside the traditional summer period. A tropical excursion against Bangladesh in August and a pink-ball Test in March will be distant outliers in the cricket calendar. This scheduling overhaul raises questions about the prioritization of player welfare and the potential erosion of the sport's integrity.The physical demands of Test cricket are well-documented, and players may face increased risk of injury and mental burnout if forced to play at an accelerated pace. The example of Mitchell Starc, who has prioritized his fitness and Test appearances over lucrative IPL opportunities, highlights the challenges faced by players under the current system.Critics argue that Cricket Australia's decision is driven by financial considerations, particularly the growing influence of the Indian Premier League. The governing body's pursuit of profit may lead to further compromises on the sport's quality and traditions. As the organization prepares to sell tranches of the Big Bash League to foreign investors, concerns about the long-term implications for Australian cricket and its values grow.The proposed scheduling changes may appeal to casual spectators, but they threaten to leave Australian summers unrecognizable and undermine the country's Test season. As Cricket Australia navigates the complex landscape of modern cricket, it must balance financial imperatives with its commitment to the sport's integrity and the welfare of its players.

Residents of Israel have recounted their terrifying experiences during a recent Iranian missile attack. The attack, which caused significant concern and fear among the population, has been described as a harrowing ordeal by those who witnessed it. The missile attack was a stark reminder of the ongoing tensions in the region, with residents expressing their fear and anxiety about the situation. The attack has raised concerns about the potential for further escalation in the conflict between Israel and Iran.