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Politics Mar 31, 2026

Chris Rokos Pledges Record £190 million to Cambridge for New School of Government

British billionaire Chris Rokos has committed a historic £190 million to the University of Cambridg…
British hedge‑fund billionaire Chris Rokos has announced a £190 million endowment to the University of Cambridge to create a new, eponymous school of government. The pledge, comprising an initial £130 million and a further commitment of up to £60 million that the university will match, is believed to be the largest single donation ever made to a UK university. The Rokos School of Government is slated to open in temporary facilities this autumn, offering PhD and master’s programmes focused on public policy, leadership and governance. In the longer term it will relocate to a purpose‑built campus within Cambridge’s West Innovation District, positioning itself as a direct rival to Oxford’s Blavatnik School of Government, which was launched in 2010 with a £75 million gift. Rokos, 55, rose from a state primary school to a scholarship at Eton and a mathematics degree at Oxford before co‑founding the hedge fund Brevan Howard and later establishing Rokos Capital Management, which now employs over 350 staff. He is listed on the Sunday Times Rich List with an estimated net worth of £2.6 billion and is among the UK’s biggest taxpayers. Speaking about the donation, Rokos said, "I was fortunate to be given an education that transformed my life, and I would like to give something back to Britain. My hope is that, in time, the influence of the Rokos School of Government across the world becomes an important element of that soft power, which has been a great asset to the UK." University officials framed the new school as a response to “growing turbulence in domestic and international politics, increasing polarisation of political opinion, and long‑term structural changes in the economy.” The institution aims to provide a “unique forum for radical and remarkable thinking,” leveraging Cambridge’s tradition of scientific innovation and interdisciplinary collaboration. Vice‑chancellor Prof. Deborah Prentice added, "Tackling the enormous challenges facing our world requires radical new ways of thinking and approaches to leadership. Cambridge’s strengths across all disciplines and its convening power make it uniquely positioned to drive this innovation. Thanks to Chris’s generous support, the Rokos School will become a place where current and future leaders, together with experts from across our institution, generate the insights and solutions needed for a rapidly changing world." The school’s establishment also reflects a broader trend of private wealth shaping public‑policy education in the UK, echoing similar high‑profile gifts such as Leonard Blavatnik’s £75 million donation to Oxford. By creating a dedicated hub for governance studies, Rokos hopes to cement Cambridge’s role as a training ground for future world leaders and to reinforce Britain’s international influence. Rokos Capital Management recently made headlines when talks to appoint former UK ambassador Peter Mandelson as an adviser were terminated following renewed scrutiny of the Epstein scandal, underscoring the complex interplay between finance, politics and public perception. The £190 million endowment not only marks a milestone for UK higher‑education philanthropy but also signals a strategic investment in the development of policy expertise that could shape global governance for decades to come.
#Chris Rokos #University of Cambridge #Rokos School of Government
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World Economy Mar 31, 2026

Ethiopian Women's Rights Activists Face Rising Digital Violence and Forced Exile

Ethiopian women's rights activists are facing increasing digital violence, including online threats…
Ethiopian women's rights activists are facing a rising tide of digital violence, including online threats, doxing, and deepfake abuse, forcing some to flee the country. Yordanos Bezabih, an Ethiopian women's rights activist, had faced online threats for years, including acid attacks, gang-rape, and death. However, in 2025, the threats became more menacing, with an anonymous Telegram group organizing an effort to track down her location.The group shared deepfakes of her – nude images and videos. A stranger started filming her in the streets, calling her by her social media handle. Thieves broke into her house and stole her laptop. Soon after, her Telegram account was hacked, and her private photos and messages were circulated on social media. The perpetrators later circulated her address, demanding she be found and “executed”.In August, Bezabih left Ethiopia on a fellowship for human rights defenders. She has not returned since; it is too dangerous. “I have been forced to remain outside the country in order to protect my safety and continue my work,” she says.Bezabih is one of a small but growing number of feminists and women’s rights defenders who have left Ethiopia over the past two years, as online violence has become all-pervasive and uncontrolled. Three years after Facebook was accused of allowing hate speech to spread unchecked in Ethiopia, amid genocidal violence against ethnic Tigrayans during the civil war – claims rejected by Meta – social media inciters in Ethiopia have found a new target: women online.Research by the Centre for Information Resilience (CIR) bears out the scale of online gendered abuse in Ethiopia. Its 2024 report, Silence, Shamed and Threatened, found that technology-facilitated gender-based violence (TFGBV) has become “normalized to the point of invisibility” and is a daily occurrence with severe offline impacts, including psychological harm, physical assault, and arrests.Activists say the government and social media platforms are not doing enough to protect them. “I don’t think the government is much concerned about online harassment. It is barely a government agenda,” says Befekadu Hailu, an Ethiopian civil society leader and former director of Ethiopia’s Centre for the Advancement of Rights and Democracy.Bezabih says the online platforms that enable the violence also do little about it. “Even though they claim to have all these community guidelines, tech platforms never respond to reports, claims or even appeals.”
#online #she #women
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World Economy Mar 31, 2026

UK Energy Bills Forecast to Soar to Nearly £2,000 a Year This Summer

UK households are facing a significant increase in energy bills, with a forecast of almost £2,000 a…
Households in Great Britain are bracing for a substantial hike in energy bills, with a typical gas and electricity bill forecast to reach £1,929 a year from July. This represents an increase of about £290 a year under the industry regulator Ofgem's quarterly price cap. The forecast hike is £288 a year higher than the £1,641 cap on energy bills set for April to June. Although the April price cap will be £117 a year, or 7%, lower than the January to March rate of £1,758, the short-lived reprieve from rising gas and electricity costs is expected to be more than offset by a string of rises facing households in the spring. The annual cost of essentials, including council tax and water, will increase by more than £200 from April even before the economic impact of the Iran war is felt by UK consumers. Most households in England and Wales will see an increase of about 5% in their council tax, while in Scotland bills will go up by between 4% and 10%. In Northern Ireland, rates are due to increase between 1.96% and 4.5%. Water bills in England and Wales are also due to rise, by an average of £33 a household from April, up 5.4% to £639. The cost of phones and broadband are expected to rise by an average of £39.60 for an annual bill and £27.60 for a typical mobile contract, according to Uswitch. Senior government ministers are expected to discuss the economic turmoil caused by the war at a Cobra meeting on Tuesday, after meeting with business leaders to discuss how the government and private sector can work together to respond to the crisis caused by surging oil market prices. The international oil benchmark rose 4% to more than $118 a barrel on Tuesday as Donald Trump said countries such as the UK should build up the “courage” to go to the strait of Hormuz and “just take” fuel. Experts fear that Brent crude could reach all-time highs of $150 a barrel if the conflict continues. “Bills going up again because of war thousands of miles away will be a tough pill to swallow for households still saddled with debt from last time,” said Jess Ralston, the head of energy at the Energy and Climate Intelligence Unit. “Unless we continue [to] shift away from gas, whether it comes from the North Sea or not, the risk remains that bills will continue to spike,” Ralston added.
#energy #bills #prices
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Society Mar 31, 2026

UK Calls for Tighter Regulation on Private Cannabis Clinics After Fatal Prescription

The brother of a man who died after being prescribed medicinal cannabis is calling for tighter regu…
The tragic case of Oliver Robinson, a 34-year-old who took his own life in November 2023, has sparked a campaign for stricter controls on private cannabis clinics in the UK. An inquest concluded that Robinson's prescription for medicinal cannabis, issued by Curaleaf Clinic, probably contributed to his death and acted as an obstacle to him receiving proper psychiatric and addiction care. Robinson had been struggling with depression and addiction, and had been treated at the Priory, a private mental health facility. He was initially prescribed medicinal cannabis in May 2022, which initially provided relief but ultimately worsened his condition. The coroner's report highlighted several failings in his care, including the use of an out-of-date GP summary care record and incomplete information in prescribing decisions. Alexander Robinson, Oliver's brother, is now advocating for tighter regulation of private cannabis clinics, including a ban on prescribing to patients with serious mental illness and greater oversight of the rapidly expanding industry. He believes that the current safeguards are not strong enough to protect vulnerable psychiatric patients. The UK government reported about 5,000 NHS prescriptions for licensed cannabis-based medicinal products in 2023, while freedom of information data showed that 659,293 unlicensed cannabis products were privately prescribed in 2024, more than double the number issued in 2023. Critics argue that there is limited evidence that cannabis is an effective treatment for depression and other common mental health conditions. Dr. Pavan Chahl, an expert psychiatrist, told Oliver's inquest that medicinal cannabis should not have been prescribed to someone with a history of severe psychiatric disorder, citing a lack of evidence for efficacy in depression and the risk of worsening symptoms. In response to the campaign, Curaleaf Clinic stated that it would engage constructively with any review or consultation aimed at strengthening patient safety across the sector.
#his #oliver #cannabis
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Tech Mar 30, 2026

The Limits of Apple's 'Hide My Email' in the Face of Law Enforcement

Apple has revealed that its 'Hide My Email' privacy feature does not shield user identities from fe…
The Erosion of Digital Anonymity Apple's 'Hide My Email' feature, designed to shield user identities from apps and websites, has been exposed as ineffective against federal subpoenas. The company recently revealed it provided real names and email addresses to the FBI and ICE, undermining the feature's promise of anonymity for paying iCloud+ subscribers. This disclosure highlights a critical vulnerability in the privacy architecture of major tech platforms, where 'anonymity' often depends on the willingness of the provider to withhold data. The 'Hide My Email' Loophole The feature allows iCloud+ subscribers to generate anonymous email aliases that forward messages to their private inbox. While Apple claims it does not read the content of these forwarded messages, the legal mechanism allows authorities to bypass the alias entirely. In a recent affidavit, the FBI revealed that Apple provided the real identity behind an anonymized address used in a threat investigation against Kash Patel's girlfriend. Similarly, ICE agents obtained records linking multiple anonymized accounts to a specific individual involved in an alleged identity fraud scheme. Metadata vs. Content The data shared with law enforcement goes beyond simple forwarding logs; Apple provided the account holder's full name, email address, and billing information. In one instance, Apple disclosed records for 134 anonymized email accounts created via the feature. This indicates that while the content of emails remains private, the ownership of the account is easily accessible to authorities with a valid legal request. The distinction between encrypted content and unencrypted metadata is becoming the primary battleground for digital privacy. End-to-End Encryption Limits This incident underscores a critical distinction in modern cybersecurity: the difference between end-to-end encryption (E2EE) and account metadata. Apple touts its services as E2EE, meaning only the user can access their data. However, this protection does not extend to the account registration details, billing history, and unencrypted routing information that Apple stores. As a result, the demand for alternative privacy tools like Signal, which offer stronger protections against metadata collection, is likely to increase among privacy-conscious users. The Future of Privacy vs. Security As law enforcement agencies increasingly rely on metadata to solve crimes, tech companies will face mounting pressure to balance user privacy with national security obligations. We can expect a rise in legal battles regarding the scope of 'anonymized' services and a potential shift in consumer behavior, where users seek out services that offer true anonymity rather than just obfuscation.
#Apple #FBI #iCloud
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Business Mar 30, 2026

UK Savers Face Easter Sunday Cash Isa Deadline: Act Now to Maximize Allowance

UK savers are urged to act quickly as the deadline for this year's cash Isa allowance falls on East…
UK savers who want to maximize their cash Isa allowance are being warned not to leave it until the last minute, as the deadline for applications is on Easter Sunday, April 5. The cash Isa allows individuals to save or invest up to £20,000 per tax year, with returns free of tax. Experts are advising savers to take action now, as the allowance for those under 65 will be reduced to £12,000 from the next tax year. This change, announced in last year's budget, aims to encourage younger savers to consider investing in the stock market. In April 2025, a record £14 billion was paid into cash Isas, and this year is expected to see a similar surge. Anna Bowes, personal savings expert at The Private Office, emphasized that savers need to act quickly, as some providers may withdraw their offerings early to process applications before the deadline. Savers can currently find competitive interest rates, with fixed rates of around 4.45% available from providers like Close Brothers Savings, Furness building society, and Vida Savings. For variable-rate Isas, Plum is offering 4.66%, and Tembo Money is paying 4.55%, both including a bonus for the first 12 months. Rachel Springall, finance expert at Moneyfactscompare.co.uk, warned that savers should not delay, as missing the deadline could mean losing the chance to use this year's allowance. She also recommended exploring options beyond traditional high street banks, as challenger banks and building societies are offering some of the best deals.
#ISA #HMRC #Treasury
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News Mar 30, 2026

Middle Eastern Diplomats Convene as Iran Accuses US of Secret Ground Attack Plans

Foreign ministers from key Middle Eastern nations gather in Islamabad for diplomatic efforts to de-…
In a significant diplomatic development, foreign ministers from Pakistan, Turkiye, Egypt, and Saudi Arabia have convened in Islamabad for crucial talks aimed at de-escalating the intensifying US-Israel war on Iran. The regional summit comes amid heightened tensions in the Middle East as international efforts intensify to prevent further conflict escalation.Adding complexity to the diplomatic landscape, Iran's Parliament Speaker Mohammad Bagher Ghalibaf has made a serious allegation, claiming that the United States is secretly plotting a ground attack against Iran despite public assertions of pursuing diplomatic channels to end the ongoing hostilities. This accusation raises questions about the sincerity of recent diplomatic efforts and suggests a significant disconnect between public statements and private intentions.The Islamabad meeting represents a coordinated regional response to the growing crisis, with neighboring nations attempting to play a constructive role in finding peaceful resolutions. The participation of these key countries underscores the widespread concern about the potential regional and global implications of the conflict.
#iran #war #israel
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World Economy Mar 29, 2026

US-Iran Conflict Drives Up Living Costs, Squeezing American Budgets

The US-Israel war against Iran has led to a significant increase in living costs in the US, affecti…
The ongoing US-Israel war against Iran has sent shockwaves through global markets, resulting in a substantial increase in everyday living costs for many Americans. Following the US-Israeli strikes on Iran, which prompted retaliatory attacks on US allies in the region and Iran's decision to close the Strait of Hormuz, a critical maritime passage, costs have surged across the US. In particular, gas prices have spiked sharply, with the national average rising by roughly 30% over the past month. Additionally, grocery bills, mortgage rates, and fertilizer costs have also climbed. As a result, many Americans are being forced to reassess their finances and cut back drastically on basic necessities such as food, clothing, and electricity. Individuals from various parts of the country, including Indianapolis, Massachusetts, New York, and Pennsylvania, have shared their struggles with rising costs and how they are impacting their daily lives and long-term financial planning. For instance, an Indianapolis bank employee named Lore has had to reduce his commuting and is holding on to his old car for as long as possible to avoid the financial burden of a new one. A Massachusetts-based librarian's husband has had to take on extra work to keep up with rising expenses, often working 12 to 14 hour days. An elderly woman in New York described living a very frugal existence and struggling to make ends meet each month. The strain is also hitting small business owners, with a tattoo artist and father in Pennsylvania forced to shut down his private studio after three years due to decreased demand. Rising costs are also intensifying anxieties around healthcare, with a bread factory worker in Michigan expressing concerns about his health and the potential risks he faces simply getting to work.
#costs #car #gas
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Politics Mar 28, 2026

US Treasury Demands Retraction of Financial Times Article on Federal Reserve Oversight

The US Treasury Department has demanded that the Financial Times retract a report on Treasury Secre…
The US Treasury Department has taken a strong stance against the Financial Times (FT), formally requesting a retraction of a report that suggested Treasury Secretary Scott Bessent had discussed increasing oversight of the Federal Reserve in a manner similar to the Bank of England's model. In a detailed email to senior editors at the FT and its parent company, Nikkei Inc., Treasury officials disputed multiple claims in the story, criticizing the headline as misrepresenting the underlying reporting. The FT had reported on March 26 that Bessent had discussed adopting practices similar to the Bank of England, including regular communication between the Fed governor and the US Treasury Secretary over inflation targets. Treasury officials denied that Bessent had endorsed such views or discussed adopting similar practices in Washington. They also took issue with the headline, which stated that Bessent had 'praised' the Bank of England model for tighter oversight, a claim that did not appear in the text of the story. “The Secretary has never made any of the above statements in public or private,” Elliott Hulse, the acting assistant secretary for public affairs, wrote in the email. “At no time has the secretary ‘discussed tightening the US Treasury’s oversight of the Federal Reserve by adopting elements of the Bank of England’s model in a step that would shake up the central bank’s relationship with government.’” The FT responded by stating they were confident in the accuracy of their story, including US Treasury responses in the article. This incident highlights the sensitivity surrounding the Federal Reserve's political independence, especially following Donald Trump's repeated threats to fire Fed Chair Jerome Powell for not reducing borrowing costs as requested. Investors prioritize the Fed's independence in making policy decisions, as political pressure could lead to rapid inflation and subsequent sharp rate increases. The Treasury's actions mark an effort to discredit the FT report, with Bessent himself denying the claims on social media.
#US Treasury #Financial Times #Scott Bessent
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