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The recent developments in the conflict between the US and Iran have left global markets reeling. President Donald Trump's threat to attack Iran's civilian power infrastructure led to a surge in oil prices, a plummet in stock futures, and a climb in bond yields. However, the president quickly walked back his statement, announcing that talks with Iran were going well. This move, dubbed 'Taco' (Trump Always Chickens Out), was first seen during the tariffs crisis last year. The immediate market reaction was significant, with bonds and stocks recovering rapidly after Trump's statement. The S&P; 500 stock index jumped 1.5% by 9:30 am in New York, defying earlier futures contracts that signaled a 1% daily decline. However, Iran's response has shown that Trump's tactic may be losing steam. Iranian officials denied the 'productive conversations' Trump claimed had taken place, and launched missile attacks on Israel, Iraq, and other American allies in the Gulf. This has led to renewed market volatility, with oil prices rebounding and stocks giving up their gains. The article suggests that Trump no longer has control of events in Iran and that the conflict's outcome will likely be decided by Tehran. The Iranian regime has little incentive to back down, having already suffered significant losses but still capable of imposing enormous costs on the world by throttling the Strait of Hormuz and depriving the global economy of 12.5 million barrels of oil and 11.5 billion cubic feet of gas per day. As markets continue to react to the situation, it appears that Trump's 'Persian Tacos' may not be enough to calm investor nerves. The S&P; index lost 1.78% on Thursday, closing at a new low for the year, and the price of Brent crude hovered around $108.

The International Olympic Committee (IOC) has announced a new eligibility policy for female category events at the Olympics, excluding transgender women athletes from competing in women's sports. This decision aligns with US President Donald Trump's executive order on sports, which aims to keep biological males out of women's sports.The IOC's policy, set to take effect at the 2028 Los Angeles Olympics, requires a mandatory gene test once in an athlete's career to determine eligibility. The test screens for the SRY gene, typically found on the Y chromosome, which initiates male sex development.According to the IOC, biological males have a performance advantage of 10-12% in most running and swimming events, and at least 20% in most throwing and jumping events. This advantage can be greater than 100% in explosive power events, such as punching sports.The policy change has been met with criticism from human rights experts and activist groups, who argue that the mandatory gender screening is invasive and discriminatory. The IOC has stated that the policy aims to protect "fairness, safety, and integrity in the female category."Caster Semenya, a two-time Olympic champion runner from South Africa, has been a prominent figure in the debate over female eligibility. The IOC's policy document details its research on the physical advantages retained by biological males, which it believes are retained even after transitioning.The US Olympic body has updated its guidance to national sports bodies, citing an obligation to comply with the White House's executive order. President Trump signed the order in February 2023, pledging to deny visas to athletes attempting to compete at the LA Olympics if they do not comply with the new rules.

The decision has garnered mixed reactions. The charity Sex Matters has welcomed the guidelines, calling them a necessary measure to secure a safe and fair female category. However, others, such as Dsdfamilies, have expressed concern that the proposed processes may cause harm to transgender and DSD athletes.

Prem Rugby is set to introduce a significant change to its financial structure by implementing a minimum salary floor of £5.4m for each club next season. This move is part of a broader strategy to enhance competitiveness within the league. The decision was made by the Rugby Football Union Council last month, which also included the decision to ringfence the existing 10-team Prem until the 2029-30 season.The introduction of the salary floor is a key component of Prem Rugby's growth plan, which includes expansion windows every four years. This means that up to two new clubs could join the league, provided they meet the required minimum financial and sporting standards. The first tender process for new clubs is slated for 2027, with potential new members possibly joining Champ Rugby the following season and moving up to Prem Rugby in 2028-29 if they reach the playoffs.Prem Rugby's chief executive, Simon Massie-Taylor, emphasized that the league's vision is to become the best league in the world. However, this does not mean exceeding the financial capabilities of other leagues and creating wage inflation. The new salary floor is £1m lower than the current cap, which will remain unchanged for next season. Massie-Taylor highlighted that any future increases to the salary cap will be based on a formula as part of financial control measures.As part of its growth strategy, Prem Rugby also aims to host several 'Big Games' to appeal to a wider fanbase. The ambition is to have 10 Big Games by 2030, including the final and potential neutral playoffs. One example of this initiative is England's game against Fiji at the Hill Dickinson Stadium in Liverpool this summer, which could set a precedent for future events.

The International Olympic Committee (IOC) has made a significant U-turn on its policy regarding transgender athletes, effectively banning them from competing in female events at the Olympics. This decision marks a major shift from their previous stance, which allowed transgender women to compete with certain conditions.In 2020, the IOC permitted Laurel Hubbard, a transgender weightlifter, to compete at the Tokyo Olympics, issuing a framework that stated transgender women “should not be deemed to have an unfair or disproportionate competitive advantage” over biological women. However, in a recent policy document, the IOC has stated that the female category must be protected for fairness and safety reasons, and will use SRY screening – a sex test using saliva or a cheek-swab – to determine biological sex.This new policy means that transgender women and athletes with differences in sex development (DSD), who were reported as female at birth but have internal testes and have undergone male puberty, are now banned from the female category at all future Olympics. The decision has caused anger among some groups and joy among others.According to Kirsty Coventry, the newly elected IOC president, this policy change was a priority for her, and she had set up a working group to examine the issue shortly after taking office. Coventry emphasized that the decision was based on scientific consensus and the need to protect the female category.The IOC's decision is based on scientific research showing that males have a performance advantage in sports, even after hormone treatment. The policy document states that the advantage is 10-12% in most running and swimming events, and greater than 100% in events that involve explosive power. This has led to sports such as athletics, swimming, and boxing introducing policies to protect the female category.While this decision applies only to elite sport, there could still be future challenges at the Court of Arbitration for Sport if transgender or DSD athletes decide to appeal. Nevertheless, the IOC's U-turn marks a seismic shift in the ongoing debate about transgender athletes and their participation in sports.

Jannik Sinner remains on track to win the Sunshine Double, cruising into the semifinals of the Miami Open with a dominant 6-2, 6-2 victory over Frances Tiafoe. The Italian's impressive form continues, with 10 consecutive wins and 30 consecutive sets won at Masters 1000 events, a new record.Sinner's performance against Tiafoe was dominant, serving extremely well and overpowering his opponent from the baseline. He sealed the win with an ace down the T, showcasing his skill and precision.The world No 2 has closed the gap on Carlos Alcaraz in the ATP rankings and is now in a strong position to regain the top spot. With no ranking points to defend, Sinner has a free hit at these tournaments, allowing him to focus on gaining more points.Meanwhile, Arthur Fils staged a remarkable comeback against Tommy Paul, recovering from four match points down to reach his first Masters 1000 semifinal. Fils will face Jiri Lehecka in the next round.

Solar panel sales have surged dramatically since the onset of the Iran war, according to Octopus Energy, with British households increasingly opting for larger rooftop installations to achieve energy independence.The company reported a 54% increase in sales this month compared to the same period last month, marking a significant shift in consumer behavior amid global energy uncertainty.Rebecca Dibb-Simkin, Octopus Energy's chief product officer, observed: "We are seeing a massive shift as people stop just asking and start acting. British families are tired of being held hostage by global fossil fuel prices. By switching to solar and heat pumps, they are becoming their own power stations, locking in low costs and protecting their wallets for the long term."Octopus noted that many customers are choosing "supersize" systems with 12 panels instead of the typical 10-panel arrays. Additionally, heat pump sales have increased by more than 50%, while electric vehicle charger systems have seen a 20% rise in sales.Greg Jackson, Octopus Energy's chief executive, described a "huge jolt" in solar sales compared to February. On March 17, the company reported a 27% increase in solar sales inquiries since the start of the Iran war.Good Energy, another green electricity supplier, confirmed this trend, reporting a doubling of interest in solar panels over the past three months.Nigel Pocklington, Good Energy's chief executive, emphasized: "The most effective way to bring bills down over the long term is to double down on renewables, alongside storage and flexibility, so more of our power comes from predictable, homegrown sources. We should be putting solar on any building that can take it. That's how we cut costs, strengthen energy security and give people real control over the energy they rely on every day."The market is poised for further growth with plug-in solar kits expected to become available from high street retailers and supermarkets in the coming months. The government recently announced that most new homes will likely have solar panels from 2028 and will lift a ban on sales of these kits.Andrew Dickinson, head of infrastructure at Heligan Group, explained: "Given the recent geopolitical events, the UK's reliance on global energy markets has become front and centre. The solution lies in a series of short-term initiatives to address the immediate impact of rising energy prices on homeowners. Plug-in solar is one of these solutions that is expected to lower the barriers to entry for homeowners. The previously lengthy process of roof assessment, design and installation by a specialist technician will no longer be necessary."A recent report from Electrify Britain, backed by Octopus, found that solar panels and heat pumps would significantly reduce vulnerability to fossil fuel price fluctuations. The report "Plug In, Pay Less" revealed that houses using these technologies would be almost immune to fossil fuel price rises: a 30% increase in wholesale gas and oil prices would translate into only a 1.7% rise in energy bills by 2035 for households using no gas or oil appliances.Energy bills are expected to rise by more than £300 this July, according to Cornwall Insight, a consultancy. Jess Ralston, head of energy at the Energy and Climate Intelligence Unit, commented: "Predictions of energy bills rising by hundreds of pounds will feel like deja vu to hard-working families as yet another gas price crisis pushes up the cost of living. Many are still saddled with debt from the last gas crisis while Putin and the oil and gas companies stand to benefit."Ralston added: "These wars and the global gas market are clearly beyond the UK's control, so the only way we have to permanently stabilise bills is to cut our use of gas and that means switching to electric heat pumps and renewables that squeeze gas power plants off the grid."Octopus Energy also noted a one-third increase in inquiries about leasing electric vehicles, further indicating a broader shift toward renewable energy solutions among British consumers.

Anthropic, a leading artificial intelligence company, is set to face off against the US Pentagon in a San Francisco court over a ban that prevents the military from using its Claude AI model. The company refused to remove safety guardrails that prevent its AI from being used for fully autonomous weapons and mass domestic surveillance.The legal showdown began on Tuesday, with US District Judge Rita Lin presiding over the hearing. Anthropic argues that the Pentagon's move is an unprecedented and unlawful designation that violates freedom of speech protections and due process rights.The Pentagon-led ban was enacted after Anthropic refused to strip safety guardrails from its AI model. The company's designation as a national security supply chain risk prohibits anyone within the Defense Department or its contractors from using the technology.Legal experts believe that Anthropic is likely to prevail, pointing to a February 27 post on X in which Defense Secretary Pete Hegseth said he is directing the DoD to designate Anthropic a Supply-Chain Risk to National Security. The post also said that contractors, suppliers, or partners for the United States military are prohibited from commercial activity with Anthropic.The White House has pushed back on Anthropic's claims that government action violated free speech protections under the First Amendment of the US Constitution, saying the dispute stems from contract negotiations and national security concerns rather than retaliation.Democratic Senator Elizabeth Warren of Massachusetts has penned a letter to Hegseth voicing her concerns, saying she is particularly concerned that the DoD is trying to strong-arm American companies into providing the Department with the tools to spy on American citizens and deploy fully autonomous weapons without adequate safeguards.

Partridge Boswell's poem, 'The Gathering', has been crowned the winner of this year's National Poetry Competition, a prestigious award that attracted over 21,000 entries from poets across 113 countries. The poem delves into themes of language, love, and the struggle to make sense of global suffering, state violence, and war.Boswell's work is a reflection of his attempt to process the emotional burden of following distressing global events. He describes how he wrote elegies, parodies, and rants to cope with his discomfort and disbelief. The poem specifically addresses the challenge of maintaining language's potency in the face of the relentlessness of the news cycle and the difficulty of resisting false narratives.The judges praised 'The Gathering' for its ambition, emotional stakes, and philosophical perspicacity. They noted that the poem reflects on the tensions between personal grief and state violence, particularly in Gaza. The poem questions how to preserve the potency of language amid the overwhelming nature of global events.Boswell, who is also the author of the Fool for Poetry prize-winning chapbook Levis Corner House and the Grolier prize-winning collection Some Far Country, will receive £5,000 for his winning poem. His work, along with the runner-up and third-place poems, will be published in the spring 2026 issue of The Poetry Review.The National Poetry Competition, founded in 1978, has a history of recognizing talented poets. Past winners include Carol Ann Duffy, Sinéad Morrissey, James Berry, and Tony Harrison. This year's competition saw seven commended poets receive £500 each, while Damen O'Brien's poem Axe secured the runner-up position with a £3,000 prize.