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Sports Apr 13, 2026

Monarch Collective says WSL clubs are treated as afterthoughts and urges owners to commit to deeper investment

Monarch Collective co‑founder Kara Nortman argues that many Women’s Super League clubs are still vi…
Monarch Collective believes that a number of Women’s Super League (WSL) clubs remain “afterthoughts” for their owners, receiving only marginal capital and expertise. Co‑founder Kara Nortman highlighted this concern during a recent interview.Last month, Monarch became the first women’s multi‑sport group by acquiring a minority stake in the Cleveland WNBA franchise, joining an ownership portfolio that already includes NWSL sides San Diego Wave and Boston Legacy, as well as German club Viktoria Berlin.Since establishing Monarch in 2023—four years after launching Angel City FC with Natalie Portman and Julie Uhrman—Nortman has held informal talks with roughly a dozen English clubs, though no deal has yet materialised. She declined to comment on ongoing negotiations with West Ham United’s women’s side, noting that finding the right English partner has proven “challenging”.Recent years have seen a wave of international interest in WSL clubs, yet many prospective investors perceive the women’s teams as a compliance tool for profitability and sustainability mandates rather than a growth engine. In the past twelve months, clubs such as Chelsea, Aston Villa and Everton have sold stakes in their women’s sides to related‑party entities, while US‑based Bay Collective recently secured majority ownership of Sunderland Women in the WSL2.Monarch’s latest $250 million funding round equips it with the capital to act when a suitable opportunity arises. Nortman explained, “If owners truly believe in their women’s team, they should invite us to ‘supercharge’ it with our cross‑sport expertise. If they only want a token boost, that’s a different story.”Beyond capital, Monarch offers advisory services. Nortman recounted a humorous encounter with fans at Crystal Palace, where a supporter asked if she was a “Wag”, prompting a light‑hearted response that underscored the firm’s community‑focused ethos.Reflecting on Angel City’s trajectory, Nortman noted that Monarch initially invested about $1 million to help the club join the NWSL in 2020. Four years later, Angel City was sold to Disney CEO Bob Iger and his wife for a reported $250 million, making it the world’s most valuable women’s franchise.Looking ahead, Monarch is broadening its scope beyond football and basketball, exploring opportunities in cricket and rugby union. The firm recently opened a London office, led by former Manchester City executive Katharine Curran, to deepen its engagement with the UK sports market.
#Monarch Collective #Kara Nortman #Women’s Super League
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World Economy Apr 13, 2026

US Pressure Sidelines Climate Talks at Global Finance Meetings

The US is pressuring the World Bank and IMF to downplay climate change discussions at global financ…
The ongoing global finance talks between the International Monetary Fund (IMF) and the World Bank Group (WBG) have taken a contentious turn. Governments are being urged not to mention climate change, despite its growing impacts and the pressing need for climate finance.The climate crisis has significant implications for developing countries, which are already paying billions to repair damage from droughts, floods, and storms. The World Bank Group aims to devote 35% of its funding to climate-related activities, but US pressure may hinder these efforts.US Treasury Secretary Scott Bessent has demanded the removal of some climate finance targets from the World Bank's aims, insisting on an 'all-of-the-above approach to energy' that includes financing for gas, oil, and coal. This move has sparked alarm among other countries, including large developed economies.Experts warn that sidelining climate change discussions would be disastrous for the developing world. Mohamed Adow, director of the Power Shift Africa thinktank, described the situation as 'beyond absurd', emphasizing that fossil fuels and the climate emergency are inextricably linked.The World Bank is the biggest single source of climate funding, and many donor countries channel their climate finance largely through the multilateral development banks. At the Cop29 UN climate summit in Azerbaijan in 2024, countries agreed that at least $1.3tn a year should flow to the developing world by 2035 to help countries cut greenhouse gas emissions and cope with the impacts of extreme weather.Lord Stern, a former World Bank chief economist, suggested that much could still be achieved without formally labelling projects as climate-related, emphasizing that investing in low-carbon infrastructure and energy systems is crucial for sustainable development.
#climate #world #bank
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World Economy Apr 13, 2026

Rolls-Royce Secures £599m for UK's First Small Modular Nuclear Reactors

Rolls-Royce has secured up to £599m from the UK's national wealth fund to develop small modular nuc…
Rolls-Royce has secured a significant investment of up to £599m from the UK's national wealth fund to develop the country's first small modular nuclear reactors (SMRs). The funding will support Rolls-Royce's design of SMRs at Wylfa on the island of Anglesey, Wales. The investment is expected to create around 1,000 jobs at Rolls-Royce and contribute to the UK's goal of generating electricity without carbon dioxide emissions. The project also offers the potential for a large new export industry in SMRs. The UK government has embraced nuclear energy as a key component of its clean energy strategy, and this investment marks a significant milestone in the development of SMR technology. SMRs aim to produce nuclear power stations in factories, driving down costs and speeding up installation. The Wylfa site has a history of nuclear power generation, having operated from 1971 until 2015. Hitachi had previously attempted to build a new nuclear power station at the site but abandoned its plans in 2020 due to funding issues. The site was later acquired by the state-owned Great British Energy – Nuclear (GBE-N) in 2024. The chancellor, Rachel Reeves, highlighted the importance of the investment, stating that it will strengthen energy security, create skilled jobs, and help build a new generation of homegrown nuclear technology that will power the UK's economy for decades to come. Tufan Erginbilgiç, chief executive of Rolls-Royce, described the investment as a critical milestone for the business and for the UK, marking the beginning of a golden age of new nuclear. The company owns the majority of Rolls-Royce SMR, alongside Qatar's sovereign wealth fund, France's BNF Resources, and the Czech utility CEZ.
#rolls-royce #nuclear #fund
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World Economy Apr 13, 2026

US Threatens Strait of Hormuz Blockade Amid Iran Tensions

The US, led by Donald Trump, has announced plans to blockade the Strait of Hormuz, a critical water…
The US has announced plans to blockade the Strait of Hormuz, a vital waterway through which about 20% of global oil passes. This move comes after ceasefire talks with Iran ended without an agreement over the weekend. The blockade, threatened by President Donald Trump, aims to pressure Iran into reopening the strait, which has been effectively closed since February 28. Trump's announcement on social media stated that the US Navy will begin the process of blockading any and all ships trying to enter or leave the Strait of Hormuz. He accused Iran of 'WORLD EXTORTION' and threatened that any person who attacked US vessels would be 'BLOWN TO HELL!' However, the blockade's scope appears to have been scaled down, with US Central Command (Centcom) stating it would be confined to vessels transiting through Iranian ports, permitting passage of ships headed to ports belonging to America's Gulf allies. The blockade is set to come into effect at 10am ET (2pm GMT). The UK will not be involved in any blockade of the strait, and Australian Prime Minister Anthony Albanese has stated that his country was not asked to participate. Oil prices have surged following Trump's announcement, with US crude increasing 8% to $104.24 a barrel and Brent crude oil rising 7% to $102.29. Experts warn that the blockade could lead to higher oil prices, but much depends on its 'scope and implementation.' The managing director of research at ClearView Energy Partners, Kevin Book, noted that leaner volumes generally mean tighter markets and higher prices. Iranian and/or Houthi reprisals against Gulf producers' alternative routes could drive prices still higher. The blockade could cut off one of the Iranian regime's major sources of funding but might also have a short-term negative effect on global prices. About 100 tankers have transited the strait since the US and Israel started bombing Iran, most carrying Iranian oil products bound for China and India. Iran's Revolutionary Guards have stated that any warships approaching the strait to enforce a blockade would be considered in breach of the current ceasefire and would be dealt with strongly. Trump floated the possibility of a resumption of US strikes inside Iran, citing missile factories as one possible target.
#strait #trump #blockade
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Environment Apr 12, 2026

England earmarks £1 million to reintroduce golden eagles after 150‑year gap

A new Forestry England study identifies eight northern English zones suitable for golden eagle reco…
“The world is grown so bad that wrens make prey where eagles dare not perch,” wrote Shakespeare in *Richard III*. The line now echoes a hopeful development: the iconic golden eagle could once again soar over England after more than a century and a half of absence. The golden eagle, a bird with a wingspan of roughly 2 metres, was a common sight in Shakespeare’s England, yet it has been effectively extinct in the country since the death of the last native individual in 2015. Centuries of persecution by gamekeepers and farmers, who feared predation on lambs and game birds, drove the species to the brink. A feasibility study commissioned by Forestry England and released on Sunday pinpoints eight potential “recovery zones”—predominantly in northern England—where the habitat could sustain a viable eagle population. The report cautions that establishing breeding pairs may take **more than a decade**. In response, Environment Secretary Emma Reynolds announced an additional £1 million in species‑recovery funding. The money will underwrite a programme that could see juvenile eagles, aged six to eight weeks, released into the wild as early as next year. Reynolds said, “This government is committed to protecting and restoring our most threatened native wildlife – and that includes bringing back iconic species like the golden eagle. Backed by £1 million of government funding, we will work alongside partners and communities to make the golden eagle a feature of English landscapes once again.” Across the border, golden eagle numbers in southern Scotland have surged to record levels thanks to a major restoration project. Satellite tracking shows that some translocated Scottish birds are already venturing into northern England, offering a natural source of future colonisers. The new funding will support these cross‑border movements and enable targeted reintroductions. While experts anticipate that golden eagles could be regularly observed across northern England within 10 years, establishing a self‑sustaining breeding population will require a longer horizon. Mike Seddon, chief executive of Forestry England, explained, “The detailed findings of our feasibility study will guide us, with our partners at Restoring Upland Nature, to take the next steps toward recovering golden eagles in northern England. This DEFRA funding means we can build on the good work we have begun, engaging local communities, landowners and conservation organisations.” The £1 million allocation forms part of a broader £60 million species‑recovery fund announced by DEFRA. It aligns with the UK’s legally binding commitment to halt the decline in species abundance by 2030 and to reduce extinction risk by 2042 relative to 2022 levels.
#england #scotland #defra
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World Economy Apr 12, 2026

Trump's 2027 Budget Prioritizes Military Spending Over Healthcare and Social Welfare

President Trump's 2027 budget proposal has sparked criticism for prioritizing military spending ove…
President Donald Trump's 2027 budget proposal has drawn sharp criticism for its stark prioritization of military spending over healthcare and social welfare programs, despite the US facing a crisis of deaths from avoidable causes. The budget proposes a $1.5 trillion military expenditure, a significant increase from previous years, while cutting the Department of Health and Human Services (HHS) budget by 12%.The US faces a grim reality in healthcare, with deaths from treatable conditions nearly twice the rate of countries like Spain, France, Japan, and Australia. Many Americans struggle to access healthcare due to cost, with the US having the highest out-of-pocket expenses for medical services among its peers. The proposed budget cuts to HHS and other non-defense programs will likely exacerbate these issues.Trump's budget plan also slashes funding for programs like Medicaid and the Affordable Care Act, potentially leaving 15 million Americans without health insurance, according to analysts. The administration's justification for these cuts includes claims of corruption and wasteful spending in certain programs.The budget proposal has been seen as a betrayal by many Americans who supported Trump based on his promises to help working-class individuals. The data suggests that if Trump continues to ignore the needs of his base, he may soon lose their support. American men and women are dying, and these individuals are also Trump's voters.The Pentagon's recent spending on conflicts, such as the war against Iran, has been substantial, with estimates suggesting $12.7 billion in the first six days and $28 billion in just over five weeks. The budget proposal's focus on military spending raises concerns about the impact on the US economy and society.
#budget #trump #americans
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Technology Apr 12, 2026

AI Companies' PR Push: Can Funding Policy Papers and Thinktanks Improve Their Image?

Major AI companies like OpenAI and Anthropic are investing in policy papers, thinktanks, and lobbyi…
OpenAI, a leading AI company, has recently released a 13-page policy paper titled 'Industrial Policy for the Intelligence Age,' which calls for a reimagining of the social contract around 'a slate of people-first ideas.' This move is part of an aggressive effort by major AI players to reshape the narrative around their industry, as public disapproval of AI is increasing.OpenAI's paper proposes ideas such as a four-day workweek and a public wealth fund that would return profits directly to citizens. While the company presents these ideas as a starting point for a broader conversation, critics argue that they are more of a public relations ploy than a genuine policy document.OpenAI spent nearly $3m on lobbying in 2025, and its president, Greg Brockman, co-founded a pro-AI Super Pac that raised more than $125m last year. The company is also backing a bill in Illinois that would shield AI firms from liability in cases where an AI model causes serious societal harms.Critics argue that these efforts are aimed at undermining independent efforts to regulate the industry and that the company's proposals shift responsibility away from the company and towards the public and lawmakers. As public distrust of AI grows, the industry is looking for ways to reframe the debate and influence regulation.A Pew Research Center survey found that only 16% of Americans believe that AI will help people think more creatively, while only 5% of Americans believe it will help people better form meaningful relationships. An NBC News poll found that only 26% of voters had a favorable opinion of AI, with a net negative rating.
#openai #public #industry
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Environment Apr 12, 2026

Black and Indigenous Ecovillages Drive a ‘Reverse‑Gentrification’ Push to Reclaim Land

Across the United States, Black and Indigenous groups are forming intentional ecovillages that blen…
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.
#Black Ecovillage Network #Indigenous Land Trust #Regenerative Agriculture
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World Economy Apr 11, 2026

Artemis II Mission Success Overshadowed by Proposed 'Extinction-Level' NASA Budget Cuts

The successful completion of NASA's Artemis II mission, which saw astronauts return to Earth after …
The recent return of the Artemis II mission to Earth has been hailed as a major achievement for NASA, marking the first crewed mission to the moon in over 50 years. The mission, which included astronauts Reid Wiseman, Victor Glover, Christina Koch, and Jeremy Hansen, broke a distance record and demonstrated the capability to sustain human life beyond lower-Earth orbit.However, the celebration has been overshadowed by proposed budget cuts to NASA, with Donald Trump announcing a 23% reduction in funding, including a 46% cut for space science initiatives. Critics argue that these cuts, described as 'extinction-level', would severely impact NASA's ability to achieve its ambitious goals in deep space exploration.NASA Administrator Jared Isaacman defended the budget proposal, stating that the levels are sufficient to meet mission priorities. However, Casey Dreier of the Planetary Society expressed concerns, highlighting the contradiction between the budget proposal and previous statements by NASA leadership.The Artemis program faces significant challenges ahead, including the development of a permanent lunar base. Despite these concerns, NASA is already looking ahead to Artemis III, scheduled for next year, which will test human lunar landing systems.Artemis II has been hailed as a crucial step in the US space program, providing a significant advantage in the new space race with China. The mission's success has brought renewed attention to the importance of continued investment in space exploration and the need for a stable and supportive budget.
#artemis #nasa #space
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