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The UK defence industry is in a state of crisis as a long-delayed military spending plan has left firms 'bleeding cash' and in 'paralysis'. The six-month delay to the defence investment plan (DIP) has resulted in some companies going bust, while others are struggling to stay afloat.Industry groups have warned that the delay has left the UK behind Germany and the US in attracting investment from global investors. The DIP, originally expected last autumn, has been repeatedly postponed amid warnings that the military faces a £28bn funding gap over the next four years.Samira Braund, the defence director of the ADS Group trade body, described the situation as 'paralysis', stating that the government has not put effective mitigation plans in place. The boss of BAE Systems, Europe's biggest defence contractor, has urged ministers to publish the plan, while some smaller firms have been forced out of business.One such company was MTE Heat Treatment, a Yorkshire-based manufacturer with just over 30 employees that helped make turbine blades for jet engines. It fell into administration in February. Andrew Kinniburgh, the head of the trade body Make UK's defence arm, warned that the delay risks deterring investment in the UK at a time when the US and Europe are also raising military spending.The DIP will show how the government plans to fund its strategic defence review, the blueprint for transforming the military amid growing threats from Russia, rising commitments to Nato and against the backdrop of the US-Israel war on Iran. Ministers accepted all the review's recommendations when it was published last June, but the head of the military, Air Chief Marshal Sir Richard Knighton, told MPs in January that defence cuts would be needed without more funding.

The conflict in Iran has sparked concerns about a potential global food crisis due to a looming shortage of fertiliser, a crucial component in food production. The Strait of Hormuz, a vital shipping route, has been disrupted, impacting the export of fertilisers from Gulf countries.On March 2, Ebrahim Jabari, a senior adviser to the commander-in-chief of Iran's Islamic Revolutionary Guard Corps (IRGC), announced that the Strait of Hormuz was 'closed', causing oil prices to soar above $100 per barrel. However, experts warn that a parallel crisis is emerging - a considerable threat to global food security due to a shortage of fertiliser.Nearly half of the world's traded urea, the most widely used fertiliser, and large volumes of other fertilisers are exported from Gulf countries via the Strait of Hormuz. Recent disruptions to gas supplies and shipping have already forced fertiliser plants in the Gulf and beyond to shut or cut their output.Countries such as India, Brazil, and China are heavily dependent on Gulf fertiliser exports, with India sourcing over 40% of its urea and phosphate fertilisers from the region. A prolonged fertiliser shortage and hike in fertiliser prices could lead to reduced crop yields, affecting food security worldwide.The urea export prices from the Middle East have surged by about 40%, rising from just less than $500 to a little more than $700 per metric tonne. The price is currently close to 60% higher than this time last year.According to one shipping services company, 20% of the world's fertiliser originates in the Gulf, while 46% of global urea supply comes from the Gulf. Qatar Fertiliser Company (QAFCO), considered the world's largest urea supplier, alone supplies 14% of the world's urea.Analysis by Kpler, a data and analytics company, shows that as much as one-third of global fertiliser trade could be disrupted if the closure of the Strait of Hormuz persists. This could lead to nitrogen fertiliser prices doubling and phosphate prices climbing by about 50%.

The conflict between Iran and Israel has taken a significant turn, with oil prices skyrocketing to unprecedented levels. Analysts are now warning that prices could reach $150 or even $200 per barrel, a scenario that was previously considered far-fetched.The global benchmark, Brent crude, has hit nearly $120 per barrel and has remained above $100 since March 13. The recent Israeli strike on Iran's South Pars gasfield and subsequent Iranian attacks on oil and gas facilities in Qatar, Saudi Arabia, and the United Arab Emirates have further pushed crude prices up to over $108 per barrel.The Strait of Hormuz, which accounts for about one-fifth of global oil supplies, has been effectively closed since Iran declared it shut early in the conflict. Only a handful of ships, mostly Indian, Pakistani, Turkish, and Chinese-flagged vessels, have been allowed to pass through in recent days.Market watchers agree that prices have room to move much higher if the Strait of Hormuz remains closed. Vandana Hari, founder of Vanda Insights, notes that benchmark Middle Eastern crudes have already crossed the $150 threshold, making $200 a possibility.The International Monetary Fund estimates that every 10% rise in oil prices would correspond with a 0.4% increase in global inflation and a 0.15% reduction in economic growth. Oil prices at $150 or higher would weigh heavily on the global economy.Adi Imsirovic, an energy expert at the University of Oxford, warns that oil at $200 per barrel would be a major handbrake to the world economy, impacting inflation, growth, employment, and potentially causing shortages of fuel and materials.

The military campaign launched by the United States and Israel against Iran has entered its 24th day, bringing the region to a precarious juncture. As US President Donald Trump’s 48-hour ultimatum for Iran to reopen the Strait of Hormuz approaches its expiration at 23:44 GMT on Monday, Tehran has issued stern warnings regarding the potential targeting of its electricity grid. In response, Iran has vowed to strike the energy and water systems of its Gulf neighbors, raising fears of a broader regional energy crisis.The conflict is already having tangible repercussions on the global economy. Financial markets are reacting sharply to the escalating tensions, with stocks in China and Hong Kong on track for their worst performance in nearly a year. The uncertainty has fueled stagflation fears, prompting UK Prime Minister Keir Starmer to convene an emergency meeting to address the mounting economic fallout.In Iran, the situation remains volatile. The Israeli military has conducted a wide-scale wave of strikes targeting infrastructure across Tehran, resulting in powerful explosions reported in the central, southern, and eastern parts of the capital. Verified footage shows massive columns of fire and smoke rising over Karaj following an air attack. The Iranian Revolutionary Guard Corps (IRGC) has retaliated by threatening attacks on power plants in Israel and those supplying electricity to US bases, while also targeting a turbine engine production site in Qom used for drone components.The conflict has also spilled over into Gulf Cooperation Council (GCC) nations. Saudi Arabia’s Ministry of Defence confirmed that two ballistic missiles were launched toward Riyadh, with one intercepted and the other falling in an uninhabited area. The UAE reported debris injuries in the al-Shawamekh area, while Bahrain confirmed attacks on the US Fifth Fleet. In Qatar, seven people were killed in a helicopter crash, and Kuwait has formally protested airspace violations to the International Civil Aviation Organization.The human toll continues to rise. In Israel, alerts were triggered across Jerusalem and central Israel following explosions, with the casualty toll from attacks on Dimona and Arad climbing to at least 180 injured. In Lebanon, authorities report that at least 1,029 people have been killed since March 2, with over 100 of the victims being children. In Iraq, at least 60 people have been killed, primarily among pro-Iran Popular Mobilisation Forces.

Irish actor Barry Keoghan, known for his roles in various films and upcoming projects, has candidly shared the negative impact of online abuse on his life. In a recent interview with SiriusXM host Ben Harlum, Keoghan disclosed that the relentless online abuse about his appearance has reached a point where he “doesn’t want to go outside” anymore. Despite having left social media in 2024 to escape the harassment, Keoghan admitted that the abuse continues to affect him significantly. He expressed concern about how this online hate might influence his career and personal life, particularly his role as Ringo Starr in Sam Mendes’ upcoming Beatles tetralogy. Keoghan acknowledged that while many fans are supportive, there is a “nasty side” to online interactions. He mentioned that he often finds himself “shying away” from public events and feeling the urge to “hide away” due to the constant abuse and hate. This situation has become so severe that it’s affecting his willingness to continue acting, which could be disappointing to his fans. The actor also expressed worry about the potential impact on his three-year-old son, Brando, who may encounter these negative comments in the future. Keoghan emphasized the need to protect his child from the harsh realities of online abuse. Keoghan has been open about his difficult past, including his time in foster care and his mother’s struggles with drug addiction. Recently, he has been involved in projects such as Netflix’s Peaky Blinders: The Immortal Man and The Beatles: A Four-Film Cinematic Event, where he stars alongside Harris Dickinson, Paul Mescal, and Joseph Quinn.

Have you ever felt like you're racing against the clock, constantly chasing appointments and deadlines? This relentless pursuit of time is a universal experience, but what is time, really? Is it a physical phenomenon or just a tool we use to coordinate our lives? Time is often seen as an independent, physical entity that ticks by relentlessly, but emerging scientific evidence suggests that this isn't the case. Time is more like a mathematical tool, useful for coordinating our interactions, but it doesn't have an independent existence of its own. Just like money, we've become dependent on it, but it's not a physical reality. The pressure to be 'on time' is instilled in us from a young age, and we're constantly surrounded by clocks and digital alerts that divide our day into smaller pieces. This has led to a phenomenon known as 'time famine,' where the more efficient and productive we try to be, the less time we feel we have. Studies have shown that people experiencing time famine are less likely to engage in activities they enjoy, eat healthily, or seek medical attention when needed. Our brains don't have dedicated areas for tracking time, and our experience of it can vary greatly. Time can seem to drag or fly by, depending on our circumstances. For example, people with certain conditions, like akinetopsia, experience time in sudden jumps or frozen moments. The psychedelic drug mescaline can also distort time perception, making it seem like hours or even centuries have passed. Quantum physicists have found that time is not a fixed, physical flow. The famous double-slit experiment shows that a physicist's choice of measurement can influence the behavior of a particle. In a lesser-known variant of this experiment, the physicist's choice at the point of measurement can even influence the particle's past behavior. This suggests that time is not a fixed, linear concept, but rather a flexible and subjective experience. Some indigenous cultures, like the Aymara people of Chile, experience time differently. They see the future as hidden behind them, unseeable and unknowable. The Amondawa people of the Amazon have no clocks or concept of time. Instead, they live in the present, experiencing 'lived time,' which is a personal, malleable experience of change. Lived time is different from clock time, as it's not defined by numerical counters or seconds. Each moment is like a tapestry, woven from changes on multiple timescales. When we focus on lived time, it expands and becomes richer, rather than narrowing or contracting. It's a flow that carries us and connects us with others, rather than something we chase and never catch. To combat time famine, we need to remind ourselves that the clock is a tool, not a master. We should beware of digital alerts and alarms that divide our day into smaller pieces and instead focus on the rich pattern of changing connections that wire us into each moment. By doing so, we can tap into the creative process of lived time and experience a more fulfilling and connected life.

The play 'Slippery' by Louis Emmitt-Stern delivers a knotty dissection of the queer dating scene and bereavement in many forms. The story revolves around Jude and Kyle, exes who reunite in Jude's Canary Wharf penthouse after a decade apart.Ten years ago, they were a hedonistic couple, partying into the early hours. Now, their lives have diverged: Kyle has left behind the party lifestyle, while Jude is grieving the death of his partner, Sam. As they catch up, their lies begin to crack open, revealing a complex web of emotions.John McCrea and Perry Williams shine as the exes, capturing the nuances of their characters' past and present selves. McCrea, in particular, is a standout performer, effortlessly shifting from grief-stricken to a magnetic seducer.The production, directed by Matthew Iliffe, effectively conveys the intimacy of a past love that still lingers. However, the script's constant revelations can feel forced, detracting from the realism of the story.Despite this, 'Slippery' remains a compelling exploration of queer relationships, grief, and the complexities of human emotions. The play is set to run at Omnibus theatre in London until 11 April.

Apple's Strategic Acquisition of MotionVFXApple has acquired MotionVFX, a Warsaw-based company that develops plug-ins, templates, and advanced capabilities for Apple's Final Cut Pro video editing software. The financial terms of the deal remain undisclosed, but this acquisition represents Apple's continued investment in its creative software ecosystem and services business.Enhancing Final Cut Pro's Creative CapabilitiesMotionVFX, founded in 2009, has built a reputation for creating world-class, visually inspiring content and effects for video editors. The company offers subscription packages starting at $29 per month for access to its professional-grade video editing tools, graphics, and templates. In their announcement, MotionVFX emphasized their alignment with Apple's values: "For over 15 years, we've been on a mission to create world-class, visually inspiring content and effects for video editors. From the very beginning, we've been all about quality, ease of use, and great design. These are also the values that we admire most in Apple's products."Boosting Apple's Services Revenue GrowthApple's services business has become one of its largest growth drivers in recent years. In the last fiscal year, the segment accounted for more than 26% of revenue, a notable increase from the 8.5% reported in 2015. The acquisition of MotionVFX is expected to further strengthen this segment by enhancing the value proposition of Apple's Creator Studio bundle, which was launched in January at $12.99 per month or $129 per year.Intensifying Competition with Adobe's Creative CloudThis strategic move positions Apple to better compete with Adobe Premiere Pro and the entire Adobe Creative Cloud suite. By integrating MotionVFX's tools and templates directly into its ecosystem, Apple can offer a more comprehensive creative solution to video editors and content creators. The acquisition also demonstrates Apple's commitment to expanding its presence in the professional creative software market, where it has traditionally faced strong competition from Adobe.Future Outlook for Apple's Creative Software StrategyLooking ahead, Apple is likely to continue acquiring specialized creative software companies to bolster its offerings. The MotionVFX acquisition follows the launch of Creator Studio, which bundles six creative apps with premium content. As Apple seeks to grow its services revenue, we can expect more strategic acquisitions that complement its existing software portfolio and enhance the value of its subscription offerings. This move also signals Apple's recognition of the importance of specialized tools in attracting and retaining professional creators in its ecosystem.