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A light-up C-3PO head used in Star Wars: Episode V – The Empire Strikes Back has fetched more than $1 million at an auction. The prop was part of a collection of film and TV memorabilia that went under the hammer on Wednesday as part of the Spring Entertainment Memorabilia Live Auction at Propstore auction house in Los Angeles.It is the only known example of the fictional droid’s head to appear on the collector market and sold for $1,058,400 (£790,440 or A$1,519,259), having received a pre-sale estimate of $350,000 to $700,000.The C-3PO head was the top lot at the auction, which also saw the harpoon gun used by the actor Robert Shaw in Jaws, accompanied by its original case, fetch $327,600.Elsewhere, a Wilson volleyball used by Tom Hanks in 2000’s Cast Away sold for $189,000 after receiving a pre-sale estimate of $150,000 to $300,000.The auction also featured broken pieces of a sword used in The Lord Of The Rings, which sold for $252,000.The first day of the auction fetched $6.5 million and also included items such as a golden ticket from the 1971 film Willy Wonka & the Chocolate Factory.Brandon Alinger, Propstore’s chief operating officer, said: “We’ve seen a strong start to the auction, with competitive bidding right from the outset.“At Propstore, Star Wars material continues to resonate with collectors and the C-3PO head from The Empire Strikes Back was a real highlight of the day.“The Jaws collection also delivered an impressive overall result, coming just after the film’s 50th anniversary and reflecting its enduring appeal with collectors.“With such a diverse lineup of material still to come, we’re excited to see how the rest of the auction unfolds.”The final day of bidding, 27 March, will be dedicated to animation, with more than 200 lots celebrating the artistry of animation in film and television.

The US-Israel war on Iran has effectively closed the Strait of Hormuz, a critical shipping route for materials used in the production of various everyday products. As the conflict enters its fifth week, global oil shortages are forcing countries to take severe measures to conserve their reserves. While US gas prices have surged to their highest level in years, the impact of rising oil prices extends far beyond drivers. Oil is a crucial component in the supply chain, powering machines that manufacture goods and fueling trucks that transport them to stores. The price increases come at a time when many Americans are already strained by rising housing costs, grocery bills, and electricity statements. A recent Gallup poll found that a third of Americans have had to skip meals and forego other needs to afford their healthcare. Oil and Gas The average cost of gas in the US has jumped about 30% over the last month, with the national average hitting $3.97, the highest since 2023. Diesel, which fuels many trucks transporting goods, has increased by about 50%, or $1.69 more than it did a year ago. Higher diesel costs could soon affect transportation costs and grocery prices, as roughly 85% of agricultural goods are transported by trucks. The impact of oil and gas shortages on the supply chain can be categorized as first-order effects, such as higher prices at the gas pump, and second-order effects, including potential price increases for crops, semiconductor chips, and medical devices. Fertilizer Farmers are struggling as the spring growing season approaches, facing higher fertilizer costs and falling commodity prices. A third of global urea trade, a solid nitrogen fertilizer, passes through the Middle East region, with about 20% of imported fertilizer to the US coming from Qatar. Nitrogen fertilizer is critical to grow corn, which is cultivated by about 500,000 farmers in the US. The White House has promised to minimize disruptions to the US economy, with alternative sources of fertilizer being sought from around the world. Helium The conflict has disrupted the global helium supply after Iranian attacks in Qatar, the second-largest producer of helium after the United States. Helium is a key import used in aerospace, magnetic resonance imaging (MRI), and semiconductor chips that power AI. Jet Fuel Increases in oil prices could result in higher airfare and shipping costs. The price of jet fuel has doubled since the start of the war, according to the International Air Transport Association. United Airlines announced last Friday that it would have to cut flights due to the surging cost of fuel. < h2>Mortgage Rates Just as US mortgages were starting to fall in February, the average 30-year fixed mortgage rate ticked up to its highest level in months, reaching 6.22%. Mortgage rates are closely tied to the overall state of the economy, and the US Federal Reserve's decision to leave rates unchanged last week cited uncertainty in the economy, particularly with conflict in the Middle East.

Retailer Next has reported a £1.16bn pre-tax profit for the full year, with the Middle East conflict expected to add only £15m to fuel and air freight costs. This amount, which assumes a three-month disruption, is considered minimal and can be offset by savings elsewhere.Chief Executive Simon Wolfson added £8m to this year's profit forecast as a mechanical read-through from last year's outcome, indicating that trading had been “encouraging” in the UK and “strong” overseas until late February.The main concern for Next is the potential long-term impact of the conflict on supply chain resilience, freight rates, factory gate prices, and consumer demand. Wolfson emphasized that the company has no insight into the duration and implications of the conflict, stating, “As yet, we have no feel for the medium-term effects”.If higher costs persist, Next may put up prices, but this remains “a contingency, not a plan”. The company will provide a clearer view in its first-quarter update in May.Wolfson also offered nuanced insights, suggesting that consumer confidence may not have collapsed as much as some, like the British Retail Consortium, have claimed. He noted that UK consumers tend to react to actual higher prices, not the threat of them.Additionally, Next's spring-summer ranges are already in stores, online, and warehouses, minimizing the immediate need for adjustments. Any increases in fabric costs or production disruptions in Asian factories would mostly affect autumn-winter ranges.The stock market responded positively, with Next's shares rising 5% to £125.40. This resilience could indicate potential for a profit upgrade in May if the £15m in extra costs turns out to be the worst of it.However, no retailer will be immune if the energy price shock persists and the OECD's prediction of UK economic growth of just 0.7% this year materializes.

Google has issued a warning that quantum computers could potentially break most existing encryption systems by 2029, posing a significant threat to current cryptographic standards. The tech giant is urging banks, governments, and technology providers to prepare for this emerging threat.In a blog post, Google stated that the encryption currently used to keep information confidential and secure could easily be broken by a large-scale quantum computer in the coming years. The company, owned by Alphabet, emphasized the need for post-quantum cryptography migration to protect sensitive data.While quantum computers are still a nascent technology, Google, Microsoft, and universities across the UK and the US are actively building systems that harness the physics of quantum mechanics to perform extremely sophisticated mathematical calculations. However, constructing a powerful quantum computer with hundreds of thousands or even millions of stable qubits remains a significant technological challenge.Leonie Mueck, formerly the chief product officer of Riverlane, a Cambridge-based quantum startup, noted that Google's statement does not necessarily mean a working quantum computer capable of breaking encryption will definitely exist by 2029. Most timelines for a cryptographically relevant quantum computer range from the 2030s to the 2050s.Despite this, governments and organizations are already preparing for the eventuality that data stored to today's encryption standards would be exposed when the technology sufficiently advances. The UK's cybersecurity agency, the National Cyber Security Centre, has urged organizations to guard their systems against quantum hackers by 2035.Google's timeline suggests that engineering teams across the technology industry should consider measures to protect sensitive data by migrating to more advanced encryption systems now. Certain kinds of attacks predicated on the future availability of quantum decryption – “store now, decrypt later” – may currently be being deployed across the field.

The Co-op Group has announced that its chief executive, Shirine Khoury-Haq, will step down this weekend after a challenging year that included a cyber-attack and recent claims of a “toxic” culture at the business.Khoury-Haq will depart on 29 March, and Kate Allum, a board member and former boss of the dairy group First Milk, will step in as interim boss while a permanent replacement is sought.The company, which owns more than 800 funeral parlours and an insurance and legal advisory business, as well as operating more than 2,000 convenience stores, reported an underlying loss of £125m. This is a significant drop from a £45m profit the year before, largely due to a £107m profits hit from the damaging IT hack.Khoury-Haq denied that her resignation was linked to the allegations of a toxic culture, stating that her decision to leave was a personal one. She expressed her desire to “go and do something else”.Sales at Co-op fell 2.3% to £11bn in the year to 3 January, following the mutual’s shops being left with gaps on shelves after the cyber-attack, which knocked £285m off sales.The group cited a “contracting convenience market” and “layered cost headwinds” of about £150m during the year, due to increases in employers’ national insurance, pay and packaging taxes.Khoury-Haq’s departure comes a month after reports of concerns about the culture at the top of the group. In February, the Co-op defended the behaviour of its bosses after reports said senior managers had complained of a “toxic” environment at the retailer.

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.

The Gran Chaco forest in Argentina, spanning across parts of Argentina, Bolivia, Paraguay, and Brazil, is facing a critical threat from deforestation. Small farmers, enticed by the promise of quick money from selling timber, often contribute to this environmental degradation. However, a collaborative effort between conservationists, NGOs, and international organizations is underway to support small-scale landowners and Indigenous communities in establishing alternative income sources. This initiative aims to enable them to resist the pressures of agribusiness and the timber market. Jorge Luna, a 55-year-old farmer, has taken a significant step towards preserving his 40-hectare land in Chaco province. He rejected an offer to cut down the trees and instead embarked on a second career as a forest tourist guide with Fundación Rewilding Argentina, a non-profit organization working to restore parts of the Gran Chaco forest. Luna now rents out a small campsite to visitors and takes tourists on kayak tours along the Bermejito River. "At first, you didn’t give the plants value. It was a lack of knowledge of what they meant. Now, every leaf that sprouts has an added value," he says. Created in 2010 by Tompkins Conservation, Rewilding aims to protect vast tracts of territory and create economic opportunities for local communities while preserving the biosphere. The organization worked with 15 other organizations to convince the government of Chaco province to turn 128,000 hectares into the El Impenetrable national park, officially designated in 2014. Since then, Rewilding has established a network to support a budding tourism industry. It offers riverside glamping stays while promoting local and ancestral knowledge as possible sources of income. Women have returned to weaving and artisanal production, as well as providing home-cooked meals for visitors. According to Greenpeace, Argentina lost nearly 7 million hectares of native forest between 1998 and 2024, with most of it in the Gran Chaco. An estimated almost 120,000 hectares of forest were lost in northern Argentina in 2024, a 10% increase from the previous year. The primary causes of forest loss are the expansion of agriculture, mainly for intensive cattle ranching and genetically modified soya, and forest fires. The Gran Chaco forest also feeds the timber industry, particularly with the quebracho tree, which produces a tannin used in leather products, and carob trees. Environmental lawyers warn that the Gran Chaco could disappear within two decades if deforestation continues at its current pace. "The Chaco does not receive the same attention as the Amazon – few people even know it exists," says Enrique Viale, an Argentine environmental lawyer and activist. For conservation efforts to succeed, projects must be co-designed with the community, ensuring their long-term objectives are considered. Community empowerment, equal distribution of benefits, and capacity building are crucial factors. Mabel Figueroa, a local weaver, has resumed her craft since the national park opened, selling scarves, blankets, and ponchos to tourists. She raises sheep and dyes their wool with tree bark and forest plants, reviving an ancestral tradition.

The UK government's recent announcement to make significant cuts to direct aid to Africa and the Middle East has been met with deep disappointment. This move is seen as a moral dereliction of duty, betraying the world's most marginalised, and a false economy that will bring greater instability to the world and make people less safe. The cut in aid to 0.3% of gross national income (GNI) from 2027 breaks Labour's 2024 manifesto pledge to restore development spending at the level of 0.7% of GNI “as soon as fiscal circumstances allow”. The UK is making the steepest proportion of aid cuts among G7 nations. As James Mattis, Donald Trump's defence secretary, once said: “If you don’t fund the state department fully, then I need to buy more ammunition ultimately.” This highlights the shortsightedness of cutting aid, which could lead to more conflict, famine, and persecution. The UK itself benefits materially from these investments. The recent inquiry by the all-party parliamentary group on global health and security on international health worker recruitment highlights the extent to which the NHS and wider economy rely on the skills, expertise, and partnerships rooted in the global south. The UK has saved £14bn in training costs through international recruitment and continues to depend on globally trained health professionals. Investment in global vaccination, disease surveillance, and research helps stop outbreaks before they spread internationally and place pressure on health systems. Preventing disease at source is one of the smartest investments we can make to protect patients in Britain. The situation in Somalia, on the edge of famine, underscores the importance of sustained investment in global development. Two consecutive failed rainy seasons have left 6.5 million people in crisis, more than double the number a year ago. The UK's humanitarian relief in Somalia is welcome, but the scrapping of nature funding and cuts to climate aid risk compromising its own strategy of preventing crisis before it takes hold.

Apple has introduced a new requirement for UK iPhone users, mandating them to confirm they are 18 or older to use certain services. This move, believed to be a first for a European market, comes as part of a broader effort to protect children online. The age verification process can be completed by uploading a credit card or scanning an ID, such as a driving license or national ID. Ofcom, the online regulator, has welcomed the change, calling it “a real win for children and families” and part of a wider drive to “keep young people away from harmful content”. The update is part of a software update and aims to restrict access to certain services and features for users under 18. However, some users have expressed concerns about the privacy implications of uploading personal information for age verification. Apple has assured users that if they already have an account, they can confirm their age with a payment method on file or other eligible methods. The company was unable to immediately specify which services, features, or actions would be inaccessible without age confirmation. This development follows the introduction of age verification gates on many web services, including pornography websites, to comply with the Online Safety Act. Ofcom noted that Apple’s decision makes the UK one of the first countries to receive new child safety protections on devices. The watchdog plans to report on the use of app stores by children and evaluate the effectiveness of age assurance by app store providers.