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In a landmark decision, a Manhattan federal jury determined that Live Nation and its Ticketmaster subsidiary wield a monopolistic grip on major concert venues across the United States. The four‑day deliberation ended Wednesday with a finding that the ticket‑selling platform had overcharged buyers by $1.72 per ticket, a figure that will now be used by a judge to calculate total damages. The case, originally spearheaded by the federal government and later joined by dozens of states, accused Live Nation of leveraging its extensive venue network to stifle competition. Plaintiffs argued that the company barred venues from using alternative ticket sellers and retaliated against those that attempted to do so. Attorney Jeffrey Kessler, representing the states, called Live Nation a “monopolistic bully” that inflates prices for concertgoers. He cited the company’s control of 86% of the concert‑ticket market and 73% of the combined concert‑and‑sports market, underscoring the breadth of its influence. Live Nation, which reported over $22 billion in annual revenue, rejected the monopoly label, insisting that pricing decisions rest with artists, sports teams, and venue owners. Company counsel argued that the firm’s size reflects “excellence and effort,” not antitrust violations. The jury’s finding arrives amid a broader regulatory push. In 2024, the Federal Trade Commission required Ticketmaster to disclose ticket fees up front, prompting the company to eliminate a post‑checkout processing charge. However, a recent Guardian investigation revealed that Ticketmaster introduced alternative fees to offset lost revenue, raising questions about compliance with FTC rules. Earlier, the Department of Justice settled with Live Nation under the Trump administration, creating a $280 million settlement fund for participating states. The agreement also imposed caps on service fees at select amphitheaters and opened the door—though not the obligation—for venues to work with Ticketmaster rivals such as SeatGeek and AXS. More than 30 states declined the settlement and pursued the trial, arguing that the federal government’s concessions were insufficient. During the proceedings, Live Nation CEO Michael Rapino testified, including about the 2022 Taylor Swift ticket fiasco, which he attributed to a cyber‑attack. Internal communications from Live Nation executive Benjamin Baker surfaced, in which he described certain pricing practices as “outrageous” and disparaged customers as “so stupid,” later apologizing for the “very immature and unacceptable” remarks. Live Nation has announced its intention to appeal the verdict, stating confidence that the ultimate outcome will align with the original DOJ settlement framework. The case continues to spotlight the tension between dominant market players and antitrust enforcement in the live‑entertainment industry.

The future of the LIV Golf series hangs in the balance after Saudi Arabia’s Public Investment Fund (PIF) signaled a possible withdrawal of its multi‑billion‑dollar support. Executives were summoned to a high‑stakes meeting in New York this week, a development that follows growing speculation that the rebel tour could be shut down. While the fifth season’s sixth event in Mexico City is set to proceed on Thursday, the tournament is being eclipsed by reports that PIF intends to cut the tour’s funding. The tour has already faced challenges securing a merger with the PGA Tour despite a three‑year “framework agreement,” and the funding pull would exacerbate its financial strain. According to the PIF’s newly released five‑year economic strategy, the fund is prioritising sustainable domestic investments and has omitted sport from its seven key focus areas. This shift signals a move away from the “free‑spending, disruptive internationalism” that characterised the launch of LIV Golf in 2021. Since its inception, PIF has poured over $5 bn into the tour, but this year prize money and bonus payouts have already been slashed. High‑profile players such as Phil Mickelson, Dustin Johnson, Jon Rahm, Sergio García and Bryson DeChambeau initially defected from the PGA and DP World Tours, yet recent defections back to the PGA—including Brooks Koepka and Patrick Reed—highlight the tour’s precarious position. DeChambeau has yet to sign a new contract. A source familiar with the Saudi Ministry of Sports confirmed that the fund is redirecting its sports budget toward football and esports, with golf no longer a priority. The same source noted that PIF is ending its partnership with the Women’s Tennis Association, and the three‑year WTA Finals deal in Riyadh will not be renewed after its November expiry. The rumours ignited on Tuesday after journalist Ryan French posted on X that multiple sources warned of a “bombshell announcement” on LIV’s future, later suggesting the tour might be shutting down. LIV officials and players have not received any formal update. In Mexico, Sergio García told reporters they have only heard the same message from PIF chief Yasir al‑Rumayyan at the start of the year: that the project is a long‑term commitment, and that rumours are inevitable. Technical glitches, including an alleged power failure at the venue, forced the cancellation of pre‑tournament press conferences on Tuesday. Nevertheless, the pro‑am competition resumed on Wednesday at 8:30 a.m. local time, indicating that day‑to‑day operations continue despite the uncertainty. The outcome of the New York meeting could determine whether LIV Golf survives as a viable alternative to traditional tours or becomes another casualty of shifting Saudi investment priorities.

President Donald Trump announced on Fox Business that he will dismiss Federal Reserve Chair Jerome Powell if the central‑bank chief does not vacate the post by the statutory end of his term on May 15. “I’ll have to fire him, OK, if he’s not leaving on time,” Trump said, adding that he had previously held back the decision to avoid controversy. Powell, who has just over a month left in his tenure, has repeatedly been criticized by Trump for what the president calls a “bad job” and for refusing to lower interest rates despite Trump’s repeated demands since his return to the White House in January 2025. In January, Trump nominated former Fed governor Kevin Warsh to replace Powell. Warsh, known for his criticism of the Fed’s relatively high rates, is expected to align more closely with Trump’s push for rate cuts. His confirmation hearing before the Senate Banking Committee is slated for April 21, but the outcome remains uncertain. Republican Senator Thom Tillis of North Carolina, a member of the banking committee, has signaled he will block Warsh’s nomination until the Department of Justice concludes its criminal investigation into alleged misconduct surrounding the Fed’s headquarters renovation in Washington, D.C. Tillis described the probe as “reaching the point of absurd,” yet insists the investigation must be resolved before moving forward. The probe appears active: prosecutors made an unannounced visit to the construction site this week, as reported by the Wall Street Journal, underscoring the seriousness of the inquiry. During the same interview, Trump dismissed the investigation’s relevance, claiming the project was “probably corrupt, but what it really is is incompetence,” and questioned whether a $25 million renovation could balloon to a $4 billion expense. Powell responded in January with a rare public rebuke, labeling the investigation a “pretext” aimed at pressuring the Fed to lower rates. He warned that political intimidation could jeopardize the Fed’s ability to set monetary policy based on economic evidence. The legal backdrop adds another layer of uncertainty. The Supreme Court has yet to rule on Trump’s authority to fire a Fed board member without cause—a question that resurfaced after the president’s attempted removal of Fed governor Lisa Cook last summer. Justices appeared skeptical of such unilateral action during oral arguments in January. With the Fed’s independence at stake, the coming weeks will determine whether Trump’s threat translates into action, whether Warsh can secure Senate confirmation, and how the renovation investigation will influence the broader debate over political interference in U.S. monetary policy.

UEFA announced on Tuesday that it has ruled Barcelona's protest concerning a handball incident in the Champions League quarter‑final first leg against Atletico Madrid as inadmissible. The decision was issued by the UEFA Control, Ethics and Disciplinary Body on 13 April 2026.Atletico, coached by Diego Simeone, secured a 2‑0 victory at Camp Nou, a result Barcelona attributes in part to a disputed moment when defender Marc Pubill handled the ball after a perceived goal‑kick was passed to him.Barcelona claimed the incident warranted a penalty and argued that referee Istvan Kovacs was not instructed to consult the VAR team. The club labeled the non‑award of a penalty a “major error” that directly influenced the match outcome.Despite the club’s appeal, UEFA’s statement confirmed that the protest does not meet the criteria for review, leaving the original 2‑0 scoreline intact as the teams prepare for the second leg.

Wisden Cricketers' Almanack, a renowned UK-based publication and the 'bible' of cricket, has strongly criticized what it describes as Indian political interference in global cricket administration. The criticism comes as the sport's governance is increasingly described as 'Orwellian', suggesting a dystopian level of control and manipulation. In its 163rd annual edition, Wisden editor Lawrence Booth emphasized the unhealthy and politicized dominance of India in the global game. A significant point of contention is the current leadership of the International Cricket Council (ICC), which includes an Indian chief executive, Sanjog Gupta, and an Indian chairman, Jay Shah. Jay Shah is the son of Amit Shah, India's minister of home affairs and a close ally of Prime Minister Narendra Modi. Wisden described the Board of Control for Cricket in India (BCCI), which Shah led before taking over at the ICC, as 'the sporting adjunct of India's ruling BJP (Bharatiya Janata Party)'. This close relationship between Indian cricket administration and the country's ruling party has raised concerns about the politicization of the sport. The situation was further highlighted during the 2025 Asia Cup, which took place against the backdrop of a brief war between India and Pakistan. The tensions led to players from the two countries refusing to shake hands during their matches. Booth pointed out that Pakistan Cricket Board chairman Mohsin Naqvi stated, 'politics and sport can't go together', yet Naqvi himself was also his country's interior minister, illustrating the blurred lines between politics and sports administration. India's dominance in cricket has also been showcased through symbolic actions, such as when India captain Suryakumar Yadav dedicated a victory over Pakistan to the armed forces. Furthermore, Prime Minister Narendra Modi used cricket as a metaphor for military operations, stating after India's victory over Pakistan in the final: 'Operation Sindoor on the games field. Outcome is the same – India wins!' This rhetoric drew parallels between sports victories and military successes, further underscoring the intertwining of sports and politics. The influence of Indian cricket administration has also had ripple effects on other cricketing nations. For example, Bangladesh fast bowler Mustafizur Rahman was released from a $1m deal with the Indian Premier League (IPL) franchise Kolkata Knight Riders amid rising tensions between India and Bangladesh. This led to a chain of events that resulted in Bangladesh's removal from this year's men's T20 World Cup after their government refused to let them travel to India. Wisden's criticism concludes that the governance of cricket is becoming increasingly 'Orwellian', where Indian exceptionalism is asserted without acknowledging the consequences, and those affected by these actions are blamed. The publication calls for a clearer recognition of the problems caused by the politicization of cricket and a move towards a more independent and fair governance structure.

Why does the war in Sudan persist three years after it began? According to the latest episode of Al Jazeera’s podcast The Take, the answer lies in the network of external actors that continue to fund and arm the warring factions – the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF). The episode, hosted by journalist Malika Bilal and featuring political analyst Dallia Abdelmoniem, explores how regional and global rivalries have turned Sudan into a proxy battleground. With the United States and Israel engaged in a broader confrontation with Iran, and tensions in the Strait of Hormuz inflating oil prices, the cost of fuel and food in Sudan has surged, worsening an already dire famine situation. Key insights from the discussion include: Foreign financing and arms supplies keep both the SAF and RSF operational, preventing a decisive military outcome. US‑Israel‑Iran dynamics divert international attention and resources, allowing the Sudanese conflict to fester. Rising global fuel prices driven by Strait of Hormuz instability increase transport costs, making humanitarian aid more expensive and less accessible. Food price spikes exacerbate famine risk for millions of displaced Sudanese, deepening the humanitarian crisis. The podcast also notes that without a coordinated diplomatic push to address the external backers and the broader geopolitical tensions, a sustainable cease‑fire remains unlikely. Production credits go to Tamara Khandaker (producer), with contributions from Noor Wazwaz, Sari el‑Khalili, Spencer Cline, Chloe K Li, and Tuleen Barakat. Editing was handled by Alexandra Locke, while Alex Roldan provided sound design and Hisham Abu Salah and Mohannad al‑Melhem managed video editing. Listeners can follow the conversation and future episodes on X, Instagram, Facebook, and YouTube.

U.S. Defense Secretary Pete Hegseth announced a "major defence cooperation partnership" with Indonesia during a ceremony at the Pentagon, describing it as a boost to regional stability in the Asia‑Pacific. Indonesian Defence Minister Sjafrie Sjamsoeddin signed the agreement alongside Hegseth, highlighting the depth of the bilateral security relationship. The partnership commits both nations to co‑develop sophisticated asymmetric capabilities and to pioneer next‑generation defence technologies in the maritime, subsurface and autonomous‑systems domains, while also enhancing operational readiness. According to the U.S. Department of Defense, the two armed forces already conduct more than 170 joint exercises each year, a figure that underscores an "active and growing" security tie. Minister Sjafrie expressed enthusiasm, stating that the cooperation should be "enduring for our next generation" and serve the "mutual respect and benefit" of both nations. One day after the signing, Indonesian media reported that Washington is seeking "blanket" overflight access for its military aircraft through Indonesian airspace, a proposal reportedly approved by President Prabowo Subianto. The Indonesian Defence Ministry clarified that discussions are limited to a non‑binding Letter of Intent and that any final agreement must respect Indonesia’s sovereign control over its airspace. Rico Ricardo Sirait, the minister’s spokesperson, emphasized that "authority, control, and oversight over Indonesian airspace rest entirely in our country" and that any regulation will guarantee Indonesia’s right to approve or reject such activities. President Prabowo is slated to meet French President Emmanuel Macron in Paris, following recent talks with Russian President Vladimir Putin on oil matters. Earlier this month, his administration introduced fuel‑rationing measures and a work‑from‑home policy for civil servants to conserve energy amid rising global oil prices. Analysts view the new defence pact as a strategic move to strengthen deterrence against potential regional threats while balancing Indonesia’s insistence on maintaining full sovereignty over its airspace. The outcome of the overflight negotiations will likely shape the future scope of U.S. military operations in Southeast Asia.

The relationship between the United States and Iran has been marked by increasing tensions, particularly in the realm of economic sanctions and blockades. The US has imposed significant sanctions on Iran, aiming to curb its nuclear program and limit its influence in the region. In response, Iran has sought to counter these measures by implementing its own blockades and economic strategies. This standoff has far-reaching implications for global markets, particularly in the energy sector, as Iran is a major oil producer. The blockade battle between the US and Iran is a critical aspect of their broader geopolitical struggle. The outcome will have significant consequences for regional stability and global economic health.

The European Union is set to implement a sweeping reform of steel import duties from July, doubling tariffs and halving duty‑free quotas in an effort to stem a surge of low‑priced Chinese steel. EU lawmakers approved the measures after late‑night negotiations, targeting a 47% reduction in quota allowances. While exact country allocations remain pending, the policy will apply to all non‑EEA members, leaving Norway, Iceland and Liechtenstein exempt. EU Industry Commissioner Stéphane Séjourné hailed the deal as the "strongest ever" safeguard for European steel, framing it as a victory for domestic mills, workers and industrial sovereignty. European steel lobbyist Axel Eggert of Eurofer argued the steps will create space for EU producers to add 15 million extra tonnes of steel to meet local demand, thereby pulling the sector "back from the brink". Recent import data underscore the urgency: steel inflows rose to a record 9.9 million tonnes in the final quarter of 2025, up from 7.4 million tonnes a year earlier. The new regime will cap total EU steel imports at 18.7 million tonnes annually, with quotas to be negotiated across 28 product categories. For the United Kingdom, the timing is critical. The EU remains the UK's largest steel market, absorbing roughly 1.8 million tonnes of British steel each year—about 10% of the new quota. UK Steel, the industry body, warned that a failure to secure reciprocal quota access could cripple export flows. Britain is preparing its own counter‑measures, announcing a 50% tariff on third‑country steel imports from 1 July and a 60% cut to its own quotas, a stricter stance than the EU’s 47% reduction. Union representatives echo the alarm. The Community union described the EU quotas as an "existential threat" to British steel and urged the Labour government to guard against a potential "tide of diverted steel" entering the UK market. Both sides acknowledge the deep integration of their steel sectors. Eurofer’s deputy director Karl Tachelet called for preferential treatment for the UK, emphasizing that the two industries share a common interest in avoiding punitive measures. As negotiations unfold, the outcome will shape not only the future of European steel production but also the broader post‑Brexit trade relationship between the EU and the United Kingdom.