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The International Monetary Fund (IMF) has issued a stark warning that the ongoing conflict in the Middle East will lead to higher prices and slower global growth, affecting countries worldwide. The Washington-based organisation emphasised that a rise in energy and food costs will harm economic growth this year and could leave lasting scars on the global economy.The IMF's analysis, published in a blogpost by its main department heads, including chief economist Pierre-Olivier Gourinchas, noted that governments with high levels of borrowing will have limited access to funds to cushion the worst effects of the crisis. The organisation warned that all roads lead to higher prices and slower growth should the conflict continue to disrupt the supply of oil, gas, and fertiliser from the Gulf.While some countries, such as the US, may gain from higher fossil fuel prices as net exporters of oil and gas, the rise in bills for petrol, diesel, and food will harm living standards. Businesses are also forecast to come under pressure to raise prices, possibly forcing central banks to raise interest rates to combat inflation.The IMF highlighted that about a third of fertiliser production travels through the strait of Hormuz, which could push up prices. The UN Food and Agriculture Organisation projects that global prices could average 15% to 20% higher in the first half of 2026 if the crisis persists. Natural gas prices have more than doubled in the UK since last December to about £140 a therm, while a barrel of Brent crude that cost about $60 before the conflict hit more than $116 on Monday before falling back to $112.The IMF added that forecasts for sharp rises in the cost of gas and electricity in Europe next winter are forcing governments to consider higher subsidies and welfare payments to the worst-affected households. The organisation noted that countries such as Italy and the UK are especially exposed by their reliance on gas-fired power, while France and Spain are relatively protected by their greater nuclear and renewables capacity.

Mercedes' dominant performance in the Formula One world championship has led to a unique situation where teammates Kimi Antonelli and George Russell are free to race each other without team orders. Team principal Toto Wolff confirmed that the two drivers are 'absolutely off the leash' to compete against one another, with the goal of continuing to provide them with a competitive car.Antonelli, 19, has taken the lead in the championship after winning the Japanese Grand Prix, his second consecutive victory. He now leads Russell by nine points, with Russell managing only fourth place in the recent race. Despite this, Wolff emphasized that there is no plan to implement team orders unless necessary towards the end of the season.Wolff explained, 'We're three races in, the car is good so we need to continue to do our job and give them a tool that they can continue to win or fight for the positions.' He added that the team will reassess the situation towards the end of the season to determine if any action needs to be taken.Russell, who won the opening round in Australia, has faced some challenges in the subsequent races. He cited mechanical issues and bad luck, including a safety car timing that didn't favor him. However, he remains optimistic about bouncing back stronger in the next race in Miami.Russell stated, 'At the moment, it is just one thing after the other. Racing can go for you, but it can also go against you too.' He expressed confidence in his abilities, saying, 'I know I have got what it takes to bounce back. I won't dwell on it.'

In a stunning turn of events, UConn eliminated No. 1 overall seed Duke from the NCAA Tournament on Sunday, courtesy of Braylon Mullins's three-pointer with 0.4 seconds left in their Elite Eight matchup. The Huskies trailed by 15 points at halftime and by two points with 10 seconds remaining, but a crucial turnover gave Mullins the opportunity to nail his three-pointer from beyond the arc, securing a spot in the Final Four.UConn will face Illinois in the national semi-finals. In the other Elite Eight game, Michigan rolled into the Final Four with a convincing 95-62 victory over Tennessee. Yaxel Lendeborg scored 27 points and Elliot Cadeau added 10 assists for the Wolverines, who posted their 11th victory of the season by at least 30 points. Michigan will face Arizona in Saturday's national semi-finals.Michigan's coach Dusty May led the Wolverines to their first Final Four since 2018 and ninth overall. Lendeborg, named the region's Most Outstanding Player, was 10 for 19 from the field and became the first Michigan player to score at least 23 points in three consecutive NCAA Tournament games since Juwan Howard in 1994. Tennessee's coach Rick Barnes acknowledged the team's progress but emphasized the need to improve to reach the next level.

Ukrainian President Volodymyr Zelenskyy has arrived in Jordan as part of his tour to strengthen defence ties in the Gulf region, amid the ongoing conflict with Russia. Security is the top priority, and it is crucial that all partners make necessary efforts toward it, Zelenskyy emphasized.Zelenskyy's visit comes after Ukraine has agreed to cooperate on defence with Qatar, Saudi Arabia, and the United Arab Emirates. Kyiv's anti-drone experts have also been deployed to these countries as Iran targets infrastructure there using drones that Russia has also used during its war with Ukraine.The Ukrainian president has been seeking support from the Gulf states as the Russia-Ukraine war continues, with no end in sight. More than four years since Russia launched a full-scale invasion, Kyiv is struggling to cover its budget deficit and fund domestic weapons production.Ukraine has intensified retaliatory attacks on Russian infrastructure, including refineries, oil depots, and ports, arguing that they were justified targets to sever revenues funding Russia's offensive. A drone strike triggered a fire at Russia's Baltic port of Ust-Luga, which was hit for the second time in several days.According to the Russian regional governor, Alexander Drozdenko, damage was sustained at the port, the fire is now under control, and there were no casualties from the attack. He added that 36 drones were destroyed overnight in the region.

US Representative Nancy Mace, a Republican, has emphasized that Congress should have a say in any decisions to deploy troops to Iran. Her comments come amid concerns over the administration's plans and reports that the Pentagon is preparing for limited ground operations in Iran. Mace's stance underscores division within President Donald Trump's political party on the issue of military action in Iran. She expressed her concerns during an interview on CNN, stating, 'If we're going to do a conventional ground operation with Marines and 82nd Airborne that is a ground war that I believe Congress should have a say and we should be briefed.' The Washington Post reported that the Pentagon is preparing for limited ground operations in Iran, including raids on Kharg Island and sites near the Strait of Hormuz. Mace added, 'We don't want troops on the ground. I think that's a line for a lot of people. If we're going to do that, then come to Congress and get the proper authorities to do so.' President Trump has not publicly supported deploying US troops to Iran but has maintained that all options remain on the table. His endgame and final timeline for the conflict have remained unclear. Military analysts and Trump's own director of national intelligence have noted that while Iran's military capabilities have been diminished, the country still maintains the ability to inflict damage on the region and potentially rebuild. Inter-party divisions are evident, with some Republican lawmakers expressing concerns about the potential consequences of a ground invasion. Former member of Congress and Trump ally Matt Gaetz directly decried any possible ground invasion, stating, 'A ground invasion of Iran will make our country poorer and less safe.' The US has increased its military presence in the region, with about 3,500 additional soldiers arriving in the Middle East on board the USS Tripoli on Saturday. The Wall Street Journal reported that Trump was weighing sending an additional 10,000 troops to the region, where about 40,000 US troops are typically stationed.

Reza Pahlavi, the self-styled crown prince of Iran, has made a bold appearance at the Conservative Political Action Conference (CPAC) in Texas, where he pledged to 'make Iran great again' and received a raucous welcome from the audience.Pahlavi, who has become a central opposition figure in the Iranian diaspora, urged US President Donald Trump not to cut a deal with Iran and instead seek regime change, aligning himself with the administration's most hawkish figures.“Can you imagine Iran going from ‘Death to America’ to ‘God Bless America’?” Pahlavi asked his audience in Grapevine, Texas, receiving a standing ovation with his remarks.“President Trump is making America great again. I intend to make Iran great again,” he added, echoing Trump's famous slogan.The speech comes amid a war between the US and Israel against Iran, which has resulted in at least 1,937 deaths and tens of thousands of injuries in Iran, with no end to the fighting in sight.Pahlavi has emerged as an outspoken supporter of Trump, and his appearance at CPAC highlights the divisions within the US right over the war in Iran.While some in the Iranian diaspora have expressed reservations about the US-Israeli attacks, Pahlavi has called for the Iranian regime to be overthrown, saying, “This regime in its entirety must go.”Analysts have warned that the Iranian government is unlikely to collapse and could emerge from the conflict more hardened than before, but Pahlavi remains a central figure in the opposition movement.

The Iranian men's national football team made a poignant gesture before their friendly match against Nigeria in Turkey, wearing black armbands and posing with pink and purple school bags with ribbons on them. This powerful display was a tribute to the victims of a devastating air strike on a primary school in Minab, Iran, which occurred on the first day of the Middle East war on February 28. The air strike killed at least 170 people, including students and teachers. The attack happened on the day the United States and Israel launched the war with attacks across Iran. Iran's foreign minister accused the US of a "calculated, phased assault" on the school. According to The New York Times, preliminary findings of a US military investigation indicate that a US Tomahawk cruise missile hit the school due to a targeting mistake. The US military had been bombing an adjacent Iranian base, of which the school building was formerly a part, using outdated data to set the target coordinates. US President Donald Trump initially suggested that Iran itself may have been responsible for the attack, despite the country not having Tomahawk missiles. The incident has added to the tensions between Iran and the US, with Iran qualifying for the World Cup finals this summer but asking for its matches to be moved from the US to Mexico due to concerns over player safety. In the friendly match, Iran lost 2-1 to Nigeria. The team's gesture was a powerful reminder of the human cost of conflict and the impact on innocent civilians, particularly children.

Senegal's national football team, the Lions of Teranga, showcased the Africa Cup of Nations (AFCON) trophy to a crowd of 70,000 at the Stade de France in Paris ahead of a friendly match against Peru. This display comes despite the controversy surrounding their initial 1-0 win in the final against Morocco in January, which was later overturned by CAF due to a mid-game walk-off by Senegalese players.The team's captain, Kalidou Koulibaly, and goalkeeper Edouard Mendy led the parade, taking the trophy to the stadium's presidential box where it was placed in front of Abdoulaye Fall, the president of the Senegalese Football Federation. The event was attended by thousands of Senegalese supporters, who were joined by Peruvian fans and even Bally Bagayoko, the newly elected mayor of Saint-Denis, who praised the team's unity and spirit.The controversy began when Senegal's players left the field in protest over a penalty awarded to Morocco, which was later missed. The match eventually ended 1-0 in Senegal's favor with a goal from Pape Gueye in extra time. Morocco appealed the result, and CAF's appeals panel awarded them a 3-0 win and the title. Senegal has since announced plans to appeal to CAF and the Court of Arbitration for Sport (CAS), a process that could take up to a year.The Senegalese government has also called for an independent international inquiry into CAF's decision, citing allegations of corruption. This development has added to the tension between Senegal and Morocco, with the two nations set to remain locked in a dispute over the AFCON title.Despite the controversy, the Senegalese team's display of the trophy was seen as a celebration of their on-field victory and a show of unity among the players, fans, and the community. The friendly match against Peru was the team's first since the AFCON final, and they are now preparing for the World Cup, where they will face France, Norway, and either Bolivia or Iraq.

Issa Diop's international debut for Morocco has added a new twist to the ongoing dispute between Senegal and Morocco over the Africa Cup of Nations (AFCON) title. The Fulham defender, born in France, had his application to switch nationality to Morocco approved by FIFA on Thursday and was immediately drafted into the starting lineup for Morocco's 1-1 draw against Ecuador in Madrid on Friday.Diop's switch is seen as a public relations coup for Morocco, who have been actively courting players with links to the country to improve their national team. The 29-year-old, whose father is Senegalese and mother is Moroccan, had previously rejected overtures from both countries to play for them while holding out hope he might represent France.Diop said he was happy to play in a team with good players and thinks he's made a good choice. He had talks with Morocco's new coach, Mohamed Ouahbi, and Moroccan Federation President Fouzi Lekjaa, who explained their vision to him and welcomed him with open arms.The dispute between Senegal and Morocco centers around the AFCON final, where Senegal walked off the pitch in protest at a potentially decisive penalty awarded to Morocco. Senegal was subsequently stripped of the title and Morocco declared winners. Senegal has formally contested the decision and referred the matter to the Court of Arbitration for Sport.Senegal continues to assert its claim to the title, with the team holding a news conference before a friendly match against Peru, featuring a banner that read 'Champions of Africa'. They are also expected to display the Cup of Nations trophy to supporters before the match.