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The recent US-Iran ceasefire agreement has not led to a significant change in the situation for ships trying to pass through the Strait of Hormuz. According to shipping analysts, there will be no 'mass exodus' of ships through the strait, despite provisions for a temporary reopening of the crucial maritime channel.The ceasefire agreement 'doesn't change the situation in the sense that Iran is still in control,' said Richard Meade, the editor-in-chief at maritime data provider Lloyd's List Intelligence. 'It still requires ships to essentially seek permission, and that's the key. That means that nothing has changed – no permission, no transit.'An estimated 2,000 ships and 20,000 seafarers have been trapped in the Persian Gulf since the outbreak of war at the end of February, according to the UN, unable to pass through the strait to continue their journeys. The trapped vessels include oil and gas tankers, bulk carriers, and cargo ships as well as six tourist cruise liners.Under Iran's 10-point ceasefire plan, the country's foreign minister said safe passage through the strait would be allowed under Iranian military management. However, analysts believe that Iran will continue to control the flow of traffic, and few expect traffic to return to normal daily averages during the two-week ceasefire.The head of the UN shipping agency, the International Maritime Organization (IMO), welcomed the ceasefire and called for a safe evacuation of seafarers from the Gulf. Arsenio Dominguez, the secretary-general of the IMO, said: 'I am already working with the relevant parties to implement an appropriate mechanism to ensure the safe transit of ships through the strait of Hormuz. The priority now is to ensure an evacuation that guarantees the safety of navigation.'

The US and Iran have agreed to a two-week ceasefire, with Tehran temporarily reopening the Strait of Hormuz. Israel has also agreed to the ceasefire. The plan, submitted via Pakistani intermediaries, includes 10 key demands, such as:The lifting of all primary and secondary sanctions on Iran.Continued Iranian control over the Strait of Hormuz.US military withdrawal from the Middle East.An end to attacks on Iran and its allies.The release of frozen Iranian assets.A UN security council resolution making any deal binding.The Iranian foreign minister stated that safe passage through the strait would be allowed under Iranian military management, with Iran and Oman charging fees on ships transiting through the strait. The US has yet to publicly state if it will attend negotiations in Islamabad on Friday.Key concerns include Iran's control over the Strait of Hormuz, which could have significant implications for global oil supplies and regional stability. The US is unlikely to agree to Iran's maximalist demands, but they may form the basis for talks.The ceasefire comes as Trump's approval ratings have hit their lowest level ever, with sizeable majorities of Americans opposed to the war and frustrated by the rising cost of petrol.

Bill Ackman's Pershing Square has unveiled a €55.75 bn cash‑and‑shares bid to acquire Universal Music Group (UMG), valuing the label at €30.40 per share – a 78% premium over the previous close of €17.10. The proposal translates to roughly $64.31 bn, positioning it as one of the largest recent takeovers in the entertainment sector. The offer is tied to a strategic plan to relocate UMG’s primary listing from Amsterdam to New York. A U.S. listing would broaden the investor base, potentially attracting index funds and enhancing liquidity, which Ackman argues could lift earnings and drive a higher market valuation. In a letter to UMG’s board, Ackman praised chairman‑CEO Lucian Grainge while criticizing what he described as an “underutilized balance sheet” and the company’s €2.7 bn investment in Spotify Technology. He suggested that a refreshed governance structure – including former Hollywood super‑agent Michael Ovitz as board chair and two Pershing Square directors – would better position the label for future growth. Market reaction was immediate: UMG shares jumped 13% on the news, while Bollore Group’s stock rose 5% and Vivendi’s shares climbed over 10%. Pershing Square currently holds a 4.7% stake in UMG, making it the fourth‑largest shareholder. Key shareholders whose support is essential include Bollore Group (18.5% stake), Vivendi (13.4%), and China’s Tencent. Notably, the Bollore family controls about 80% of UMG’s voting rights, giving it decisive influence over any transaction. Industry analysts point to several headwinds that have pressured UMG’s share price, which has fallen nearly one‑third since its 2021 IPO. Streaming growth is decelerating, and concerns about AI‑generated music – from copyright disputes to fully synthetic songs – are reshaping the competitive landscape. A recent survey found that 97% of listeners can differentiate between AI‑created tracks and human‑composed music. Despite these challenges, global music revenues continue to rise year over year, prompting major labels such as Sony and Warner Music to double‑down on streaming partnerships with platforms like Spotify, Amazon, Apple and Deezer. Under the proposed structure, Pershing’s SPARC Holdings would merge with UMG, creating a Nevada‑incorporated entity listed on the New York Stock Exchange. If approved, the deal could set a precedent for how legacy entertainment firms adapt to evolving technology and investor expectations.

Lin Yu-ting, the 30‑year‑old Taiwanese Olympic champion, secured a bronze medal at the Asian Boxing Elite Championships in Mongolia, marking her return to competition after a gender‑eligibility controversy that clouded her 2024 Paris Olympic triumph.Competing in the 60kg division for the first time, Lin was defeated in the semifinals by North Korea’s Won Un Gyong, resulting in a third‑place finish.Her coach, Tseng Tzu‑chiang, told Taiwan’s Central News Agency that the shift to a higher weight class presented “new opponents’ skills, strategies and styles,” and that the tournament served as a valuable learning opportunity.Lin had opted out of last year’s World Championships after World Boxing announced mandatory sex testing for female athletes, a policy introduced following the high‑profile gender disputes involving Lin and Algerian boxer Imane Khelif after their gold medals in Paris.Following an appeal by Taiwan’s boxing federation, World Boxing cleared Lin to compete in the female category last month, enabling her participation in the Asian championships.Looking ahead, Tseng indicated that Lin aims to compete at the Asian Games in Nagoya, Japan later this year, noting that while her physical condition was not yet optimal, the experience provides “room for improvement and a clear path forward.”In parallel, the International Olympic Committee has introduced a new eligibility policy that excludes transgender female athletes from women’s events, aligning with a U.S. executive order. The IOC stated that eligibility will be determined by a mandatory gene test, limiting participation to “biological females.”

Judith Rapoport, a leading child psychiatrist, passed away at 92, leaving a legacy defined by her groundbreaking work on obsessive‑compulsive disorder (OCD). Her 1989 book, The Boy Who Couldn’t Stop Washing, translated into more than twenty languages, presented complex research in a clear, jargon‑free style that resonated with a broad audience. OCD is characterized by compulsive rituals—re‑tying shoelaces, repeatedly checking switches, or incessant hand‑washing—that can dominate a person’s daily life. Before Rapoport’s book, many sufferers concealed their symptoms out of shame, unaware that they were not alone. Rapoport’s research demonstrated that OCD has a neurological foundation and may affect up to 2% of the population, challenging prevailing beliefs that it stemmed from overly strict parenting. She proved that the disorder can be hereditary and responsive to medication. In a pivotal 1989 double‑blind trial, she showed that the antidepressant clomipramine significantly reduced OCD symptoms, prompting the U.S. Food and Drug Administration to approve its use for the condition—a landmark moment in psychiatric treatment. Patients and colleagues credit her work with reducing stigma. "Reading Rapoport’s book washed away my shame," recalled Charles Gentz, who lives with OCD, while Professor Gabrielle Shapiro of the Icahn School of Medicine noted that the book “reduced the stigma for these people.” Rapoport herself reflected, “If my work alleviated just part of their pain, then it was not wasted time.” Born in New York City to a schoolteacher mother and a businessman father, she grew up with a literary lineage—her grandfather translated Ibsen into Yiddish. She excelled academically, graduating magna cum laude from Swarthmore College in 1955** and earning her medical degree from Harvard Medical School in 1959, where she met her husband, Stanley Rapoport. After early positions at Mount Sinai and the Massachusetts Mental Health Center, she and her husband secured fellowships in Sweden, conducting research at Uppsala University and the Karolinska Institute on women seeking abortions abroad. Returning to the United States, Rapoport joined the National Institute of Mental Health (NIMH) in 1976. There she led the institute’s child psychiatry branch from 1984, steering American psychiatry away from Freudian models toward a **biology‑focused** approach. Beyond OCD, she made significant contributions to the understanding of attention‑deficit hyperactivity disorder (ADHD) and childhood schizophrenia. Her 1978 study revealed that amphetamine improved concentration in both hyperactive and control children, contradicting the notion that stimulants only calm hyperactivity. Using MRI, she showed that childhood schizophrenia is progressive, involving loss of brain matter—a finding that shifted the focus from parenting to neurobiology. Rapoport’s expertise reached mainstream audiences through appearances on shows hosted by Oprah Winfrey and Larry King, further amplifying her message. By the time she retired in 2017, she had authored over 300 scientific papers, several books, and earned prestigious honors, including fellowship in the Institute of Medicine (1991) and the American Academy of Arts and Sciences (2000). Colleague Gabrielle Shapiro described her as “a pioneer who turned child psychiatry into a modern, evidence‑based discipline.” Outside the laboratory, she enjoyed music, theatre, hiking, and gardening. She is survived by her husband, two sons, and four grandsons.

Courtney Lawes has confirmed a one‑year deal with the Sale Sharks, a move that reignites hopes of a return to the England squad after two seasons in France’s Pro D2 with Brive.Approaching his 38th birthday in February, Lawes retired from Test rugby following the 2023 World Cup but insists he can still compete at the highest level. Sale’s director of rugby, Alex Sanderson, expressed enthusiasm about the former Northampton stalwart joining the Manchester‑based side.Sanderson emphasized that the signing was not driven by a paycheck: “He’s still got the ability and experience to play great rugby this season and possibly beyond.” He added that Lawes is “robust, dynamic around the park and hits hard, but his skill set makes him far more than a mere banger.”Lawes’ résumé includes 105 caps, participation in four World Cups, two Premiership titles, two Challenge Cup trophies, and three Six Nations championships. The veteran believes his body feels “good” and that retiring now would be a regretful decision.Speaking on his “un‑retirement” from international duty, Lawes said, “I’d love to play for England again, but first I want to perform well for Sale and see what happens afterward.”Sale, however, faces a potential manpower crunch ahead of their Champions Cup quarter‑final in Dublin against Leinster. England internationals Luke Cowan‑Dickie and Bevan Rodd are sidelined for the rest of the season, and hooker Nathan Jibulu awaits the outcome of a disciplinary hearing after being cited for biting former Harlequins teammate Will Hobson.The alleged incident occurred during Sale’s 26‑17 victory over Harlequins at the Twickenham Stoop. If Jibulu is suspended, Sale’s forward options will be further depleted, with brothers Tom and Ben Curry already unavailable.Despite the controversy, Jibulu remains a contender for England’s summer tour, as head coach Steve Borthwick evaluates his options ahead of the Nations Championship clash with South Africa in Johannesburg on 4 July. Sanderson praised the 23‑year‑old, noting, “He’s good now, he’ll be brilliant – he has the attributes to be an international hooker.”

Iran has issued a threat to close the Bab al-Mandeb shipping route, a vital waterway connecting the Red Sea to the Gulf of Aden, in response to escalating tensions with the US. Ali Akbar Velayati, a top adviser to Supreme Leader Mojtaba Khamenei, warned that Iranian allies could shut the route, similar to Iran's effective closure of the Strait of Hormuz.The Bab al-Mandeb is a crucial passage for global oil trade, with 4.1 billion barrels of crude oil and refined petroleum products passing through it in 2024, accounting for 5% of the global total. A closure of both the Bab al-Mandeb and the Strait of Hormuz would block 25% of the world's oil and gas supply.The strait is effectively controlled by the Iran-backed Houthis, who have already demonstrated their ability to disrupt shipping in the region. During Israel's conflict in Gaza, the Houthis blocked the Bab al-Mandeb for ships associated with Israel or the US.A closure of the Bab al-Mandeb would have significant implications for global trade, particularly for Saudi Arabia's oil exports to Asia and global container shipping from China, India, and other Asian countries to Europe. It could also exacerbate the ongoing global energy supply crisis.Experts warn that a blockade of the Bab al-Mandeb would create a 'nightmare scenario,' disrupting trade toward Europe and potentially leading to a broader conflict in the region.

President Donald Trump has proposed that the United States could charge a toll for ships passing through the Strait of Hormuz after the war with Iran. This move would likely require direct US military control over the strategic waterway, which connects the Gulf to the Indian Ocean and handles about 20% of the world's oil and liquefied natural gas (LNG).Trump made these comments while issuing what he called a 'final' ultimatum to Tehran to reopen the strait and agree to Washington's terms or face attacks against Iran's civilian infrastructure. He emphasized that any deal with Iran must include reopening the Strait of Hormuz and ensuring 'free traffic of oil'.The US president's suggestion comes as Iran has been sustaining drone and missile attacks across the region and maintaining a blockade of Hormuz. Despite this, Trump reiterated that Iran has been militarily defeated, a claim he has been making since the early days of the war.Iran's Foreign Minister Abbas Araghchi has called for 'new arrangements' to manage the waterway after the war, ensuring safe passage for ships and protecting Iran's interests. The White House has also indicated that Trump is considering asking Arab countries to pay for Washington's expenses in its war on Iran.

Keith Altham, a trailblazing music journalist and publicist, has passed away at the age of 84 after battling Parkinson's disease. He was a key figure in shaping the careers of some of the most influential musicians of all time.Altham began his career as a music journalist, writing for publications like The New Musical Express and Fabulous. However, it was his work as a publicist that earned him the most recognition. In 1971, he founded KA Publicity, which became a go-to agency for many of the biggest names in rock music.His impressive client list included The Rolling Stones, The Who, Marc Bolan, The Beach Boys, Slade, Status Quo, and Van Morrison. Altham's ability to understand the needs of both artists and journalists made him a natural at PR.One of Altham's most notable contributions to music history was suggesting the stage name Reg Presley for Reg Ball, the lead singer of The Troggs. He also famously advised Jimi Hendrix to set fire to his guitar during a concert, a stunt that became an iconic moment in rock music.Altham's relationships with musicians were built on trust and respect. He was known for his wit and candor, often providing Sting with candid advice during some of the most turbulent years of his career.Throughout his life, Altham was celebrated for his contributions to the music industry. He will be remembered as a pioneer in rock music PR and a true legend in British music history.