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Economy Apr 02, 2026

US Economy in Turmoil: One Year On from Trump's 'Liberation Day' Tariffs

It's been one year since Donald Trump's 'liberation day' tariffs shook the global economy. Experts …
It's been 12 months since Donald Trump's 'liberation day' on April 2, 2025, when the US president introduced tariffs on nearly every country the US did business with. The move sent shockwaves through the global economy, causing chaos in Washington and beyond. Experts say that if Trump had spent the last 14 months on the golf course instead of in the White House, the US economy would be in a better place. The wholesale slashing of government jobs and defunding of US aid agencies had already signaled that Trump was in a hurry to upset institutions he considered profligate or useless. Investors quickly understood that chaos was an essential tool in Trump's armoury. Almost as soon as he was inaugurated, there was a steady decline in the value of the dollar against other currencies. Investors sold assets denominated in dollars and bought assets elsewhere: Europe, Asia, South America. Dario Perkins, the head of global research at the consultancy TS Lombard, said: 'If you think that discouraging investors from buying assets in the US is a victory, then you don’t believe in a growing economy.' He added that Trump's policies had led to a decline in US manufacturing jobs and a growing trade deficit. The data supports Perkins' claims. US companies stopped hiring almost as soon as liberation day was announced. Significant revisions in February to data covering 2025 pushed payroll employment down by 403,000 jobs, resulting in the addition of just 181,000 jobs last year. This small boost is set against the 163 million people who are employed in the US. Russ Mould, the investment director of the British stockbroker AJ Bell, said: 'America is still home to the world’s largest economy and its reserve currency, as well as the globe’s largest equity and bond markets, but investors continue to reassess their exposure one year on from liberation day.' The next few months of steadily increasing confidence levels followed probably the calmest period in the second Trump presidency. But sentiment began to fall again in the autumn as the White House battled with Congress over the federal budget deficit and much of the public sector was shut down. A poll by the University of Michigan showed consumer confidence at a near record low at the end of 2025. A six-month moving average produced by the Conference Board showed every generation, from baby boomers to gen Xers, had lost confidence in the economy over the past year. Trump’s liberation day executive order stated: 'The decline of US manufacturing capacity threatens the US economy in other ways, including through the loss of manufacturing jobs.' However, the US manufacturing sector shed 100,000 jobs between January 2025 and March 2026. The ratio of manufacturing workers to total nonfarm employment fell to the lowest point since 1939. Bryan Riley, the director of the National Taxpayers Union Foundation’s free trade initiative, said: 'One year after liberation day, the evidence is in. Tariffs failed even by the Trump administration’s own terms. They did not shrink the trade deficit, did not revitalise manufacturing and did not help farmers. It would be a mistake to replace one set of failed tariffs with another.' Some major US companies have redirected their investments to Europe, but China has proved to be one of the main beneficiaries. In the year to February 2026, China’s industrial profits increased by 15.2%. It's a boom that Beijing will struggle to repeat should Chinese companies face fuel and energy shortages and price hikes. But the decline of two major powers can only be to China’s gain.
#Donald Trump #tariffs #US manufacturing jobs
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Sports Apr 02, 2026

Arsenal hit by unprecedented injury wave as international break looms over FA Cup and Champions League fixtures

Arsenal manager Mikel Arteta faces a historic spate of international withdrawals, with eleven playe…
When asked before Arsenal’s win over Everton how the upcoming international break might affect his squad, Mikel Arteta stressed the club’s “good communication” with national team coaches and promised to make “the right decisions” after assessing each player’s condition. That cautious optimism was quickly shattered. Following the Carabao Cup final loss to Manchester City, a cascade of withdrawals began. William Saliba pulled out of France’s squad with a left‑ankle injury, and Jurriën Timber missed the Netherlands call‑up due to a lingering groin problem. Within 24 hours, Gabriel Magalhães (Brazil) and Leandro Trossard (Belgium) also withdrew, while Eberechi Eze was forced out of England duty because of a calf strain that kept him out of the cup final. Captain Martin Ødegaard, still recovering from a previous ankle‑ligament injury sustained on international duty, did not feature in the final and subsequently withdrew from Norway’s squad. Arsenal’s injury list continued to grow on Friday when Noni Maduke (England) and Piero Hincapié (Ecuador) limped out of their respective friendlies. Both are doubtful for the FA Cup clash with Southampton at St Mary’s, though the club hopes they may return sooner. Mid‑week, Martín Zubimendi became the eleventh Arsenal player to pull out of an international roster, citing pain in his left knee. The Spain midfielder has logged more Premier League minutes than any Arsenal player this season, edging out Declan Rice and Jurriën Timber. Despite the setbacks, Viktor Gyökeres showed full commitment to Sweden, scoring a hat‑trick in the play‑off against Ukraine and later netting the decisive goal against Poland. By contrast, Riccardo Calafiori returns to London after Italy’s 120‑minute defeat to Bosnia and Herzegovina, a match that highlighted Italy’s ongoing World Cup qualification woes. Arteta’s dilemma mirrors the challenges faced by Sir Alex Ferguson in the early 2000s, when the Manchester United legend famously limited his players’ international minutes. The modern Arsenal squad, arguably one of the deepest in Premier League history, now faces a delicate balancing act: preserving player fitness while competing on three fronts – the league, the FA Cup, and the Champions League quarter‑final against Sporting Lisbon next week in Portugal. With the club already having contested over 50 matches this season and potentially adding another 15 if they reach both cup finals, the psychological impact of another major‑trophy loss could be significant. Arteta will need his remaining fit players to step up and deliver, or risk seeing the season’s ambitions slip away.
#Arsenal #Mikel Arteta #FA Cup
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World Economy Apr 02, 2026

Korean Culture Sweeps Latin America: K-pop, Food, and Skincare Take Center Stage

The influence of Korean culture is rapidly expanding across Latin America, driven by a soft power c…
Korean culture is taking Latin America by storm, with K-pop, K-dramas, and Korean skincare products leading the charge. In Santiago, Chile, a group of young girls can be seen dancing to the beat of Blackpink's 'How You Like That', a song with over 1.3 billion views on YouTube. The phenomenon, known as hallyu or the 'Korean wave', has been spreading rapidly across the region, with Mexico, Colombia, and Brazil being key markets. Online personalities like Sujin Kim, known as Chingu Amiga, have become incredibly popular, sharing their love of K-dramas and skincare products with millions of followers. In Colombia, K-pop fan Zion Hwang has set up a string of karaoke restaurants to capitalize on the trend, while in Brazil, Korean-Brazilian influencers like Arthur Paek are promoting Korean culture and cuisine to their millions of followers. The Korean wave has also led to an increase in interest in Korean language and culture, with universities offering Korean studies programs and language classes becoming increasingly popular. Dr. Jinok Choi, director of the Universidad Central's Rey Sejong Institute in Santiago, notes that young Chileans are showing a 'real commitment to learning about Korea beyond just its culture'. The growth of Korean culture in Latin America is also being driven by a decline in the US's international appeal, with some observers suggesting that the US's flagging popularity under Donald Trump has led to a shift in interest towards Asian culture. Brazil's health minister, Alexandre Padilha, notes that 'perhaps the US is no longer, in people's imagination, the place they want to go'. As the Korean wave continues to sweep across Latin America, it's clear that Korean culture is here to stay. With K-pop concerts and K-drama fan events becoming increasingly popular, it's likely that the trend will only continue to grow in the coming years.
#korean #korea #culture
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Politics Apr 02, 2026

Iran Celebrates 1979 Anniversary Amid Ongoing US-Israel Attacks

Iranian government supporters took to the streets to celebrate the 1979 Islamic Republic Day annive…
Iranian government supporters have taken to the streets to celebrate the anniversary of the 1979 referendum that solidified the Islamic Republic's hold on power. The celebrations come as the United States and Israel continue their attacks on the country.President Masoud Pezeshkian and Foreign Minister Abbas Araghchi joined pro-establishment rallies in Tehran, marking Islamic Republic Day with 98.2 percent of the popular vote in favor of the Islamic Republic in 1979.The US and Israel targeted Iran's top steel manufacturing companies, threatening thousands of jobs and exacerbating economic hardship under harsh US sanctions. Other attacks hit civilian nuclear sites, a university, and military installations.The Iranian state remains defiant, with authorities saying their defenses are prepared for potential US military action. Ahmad Reza Pourdastan, head of the Iranian army's research center, warned of 'heavy casualties' in response to any aggression.Iranians face an unprecedented near-total internet shutdown lasting over a month, creating a black market for VPN access and raising concerns about the future.The authorities have issued calls to action for people to participate in group marches while waving flags, with religious singers and eulogists performing religious songs drawing on Shia Islam's influence.
#Iran #Islamic Republic Day #United States
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Sports Apr 01, 2026

Turkiye Ends 24-Year Wait, Qualifies for 2026 World Cup with Kosovo Win

Turkiye's national football team has qualified for the 2026 World Cup after a tense 1-0 playoff win…
Turkiye's football team has finally qualified for the World Cup after a 24-year wait, marking a significant milestone for the nation's football history. The team's 1-0 playoff win against Kosovo on Tuesday secured their spot in the 2026 World Cup, sparking wild celebrations among players and fans. The winning goal was scored by Kerem Akturkoglu in the 53rd minute, with Kenan Yildiz and Orkun Kokcu playing crucial roles in setting up the goal. This victory has brought immense joy to Turkish fans, with many taking to the streets to celebrate, waving flags and honking cars. Coach Vincenzo Montella expressed his pride and gratitude towards the players, stating, 'I am incredibly proud... I wouldn’t change my players for a thing. Anyone who does this job dreams of the World Cup.' Montella's sentiments were echoed by Kerem Akturkoglu, who said, 'We always dreamed of moments like this... Now we will give the next generation something to dream about at the 2026 World Cup.' Turkiye will be part of Group D in the World Cup, alongside Australia, Paraguay, and cohosts the United States. This will be Turkiye's third World Cup appearance, following their previous participations in 1954 and 2002, where they achieved a notable third-place finish.
#turkiye #kosovo #football
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Politics Apr 01, 2026

Worldwide Demonstrations Decry Israel's New Death Penalty Legislation Targeting Palestinians

Mass protests erupted across multiple continents as the international community condemned Israel's …
In a wave of coordinated demonstrations, citizens and activist groups in cities around the world have taken to the streets to denounce Israel's newly introduced death‑penalty law for Palestinians. The law, which expands capital punishment provisions specifically for Palestinian individuals, has sparked immediate backlash from human‑rights organisations and foreign governments. Protesters in Europe, North America, and parts of Asia have gathered outside embassies and consulates, holding signs that call for the repeal of the legislation and urging the international community to intervene. Many participants have highlighted the law's potential to exacerbate tensions in an already volatile region, warning that it could undermine ongoing diplomatic efforts. Human‑rights advocates have described the measure as a serious breach of international legal standards, emphasizing that the application of the death penalty in this context contravenes established norms on the protection of civilian populations. While official statements from Israeli authorities remain limited, the global outcry underscores a growing demand for accountability and adherence to universal human‑rights principles. As the protests continue, analysts suggest that the international response could influence future policy decisions in the region, potentially shaping diplomatic negotiations and affecting Israel's standing on the world stage.
#Israel #Palestinian Authority #United Nations
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News Apr 01, 2026

U.S. Supreme Court’s 8‑1 Decision Undermines Colorado Ban on LGBTQ ‘Conversion Therapy’

In an 8‑1 ruling, the U.S. Supreme Court struck down Colorado’s ban on conversion therapy for LGBTQ…
The United States Supreme Court issued an 8‑1 decision on Tuesday that invalidated Colorado’s law prohibiting “conversion therapy” for LGBTQ minors. The majority held that the ban infringed on the First Amendment’s free‑speech guarantees, arguing that even therapeutic dialogue falls under protected expression. Justice Elena Kagan wrote that when a state suppresses one side of a debate while supporting the other, the constitutional issue is “straightforward.” In contrast, Justice Neil Gorsuch emphasized that the First Amendment “stands as a shield against any effort to enforce orthodoxy in thought or speech.” Only Justice Ketanji Brown Jackson dissented, warning that the ruling “threatens to impair states’ ability to regulate the provision of medical care” and underscored the documented harms of conversion therapy to LGBTQ youth. Colorado’s 2019 statute barred any “practice or treatment” aimed at changing a child’s gender identity or sexual orientation, though it allowed discussion of religion, gender, and sexuality. No individual has yet been sanctioned under the law. The case was brought by Christian counselor Kaley Chiles, who argued that the ban prevented her from offering voluntary, faith‑based talk therapy, a position backed by the administration of former President Donald Trump. Approximately two dozen states have enacted similar bans, reflecting a growing consensus that conversion therapy is both ineffective and harmful. Scientific studies link the practice to higher rates of depression and suicidal ideation among LGBTQ individuals. Major medical associations have condemned it as a dangerous, discredited intervention. Advocates for LGBTQ rights criticized the Court’s ruling as a setback. Polly Crozier, director of family policy at GLAD Law, said, “This is a dangerous practice that has been condemned by every major medical association in the country. Today’s decision does not change the science, and it does not change the fact that conversion therapists who harm patients will still face legal consequences.” The decision is expected to make enforcement of existing bans more difficult, potentially prompting a wave of legal challenges in other jurisdictions that have sought to protect LGBTQ youth from conversion therapy.
#lgbtq #therapy #colorado
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Entertainment Apr 01, 2026

Existentialism on the Big Screen: A New Look at Camus's Classic

The article discusses the resurgence of existentialist cinema with François Ozon's new film adaptat…
The resurgence of existentialist cinema is marked by François Ozon's adaptation of Albert Camus's 'The Stranger'. This 2026 film breathes new life into the classic novel, exploring themes of absurdity and individual morality. Camus's 'The Stranger' has been adapted before, notably by Luchino Visconti in 1967. However, Ozon's version stands out with its political focus on colonial power relations and a fresh perspective on the protagonist, Meursault. Existentialism, a philosophy that questions life's purpose without divine guidance, influenced 20th-century thought through figures like Jean-Paul Sartre, Simone de Beauvoir, and Camus. The movement briefly influenced cinema, particularly through the French New Wave. The connection between existentialism and film noir is also explored, with the genre reflecting nihilistic undercurrents of the interwar period. Existentialist themes continue to permeate modern cinema, influencing films like 'Taxi Driver', 'Blade Runner', and 'The Truman Show'. Ozon's adaptation shifts the focus to colonialism, making it a more politically charged interpretation. This shift raises questions about whether the film remains strictly existentialist or if it incorporates moralizing overtones. The article concludes by suggesting that existentialism's core ideas remain relevant, especially in today's chaotic world. Films like Olivier Laxe's 'Sirāt' capture the existentialist spirit by portraying characters navigating absurd and precarious situations.
#François Ozon #Albert Camus #The Stranger
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World Apr 01, 2026

Israel Launches Devastating Attacks on Iran, Kills Top Hezbollah Commander

Israel has launched two waves of attacks on Tehran, killing a senior Hezbollah commander and escala…
Israel has unleashed a significant military operation against Iran, launching two waves of attacks on Tehran and killing a senior Hezbollah commander. The attacks have escalated tensions in the region, with Iran's president, Masoud Pezeshkian, denying claims of a ceasefire request.US President Donald Trump has claimed that Iran's leadership is seeking a ceasefire, but Iran's foreign ministry spokesperson has denied this, calling Trump's account 'false and baseless'.The conflict has resulted in at least 1,900 people killed and 20,000 injured in Iran, according to estimates from the International Federation of Red Cross and Red Crescent societies. The Israeli military has also reported that 10 of its soldiers have been killed since fighting broke out on the Lebanese front.The attacks have had significant economic implications, with the strait of Hormuz effectively closed to oil and gas tankers and other merchant shipping since the beginning of the conflict, hiking oil prices and causing critical shortages around the world.Iran's president has written to Americans, asking which of their interests are being served by this war, and stating that Iranians 'harbor no enmity towards other nations, including the people of America'. The conflict continues to escalate, with further waves of attacks reported across the densely populated centre of Israel.
#israel #iran #hezbollah
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