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The Energy Imbalance Iran is facing more energy constraints as its summer season begins, with the widespread use of air conditioning and other needs during hotter months contributing to an imbalance between supply and consumption. Government's Limited Options For decades, successive Iranian governments have kept utility bills well below supply costs for households and offices through a mix of implicit oil-and-gas subsidies, administered tariffs, state-controlled pricing, and sometimes direct financial support. However, the negative impacts of the war with Israel and the United States on the economy mean the government has fewer tools at its disposal to deal with an energy crisis this summer. Data Analysis Despite having the world's third-largest proven crude oil reserves, Iran will have to import fuel again as demand outpaces refinery output. The administration's attempts to tackle the subsidies burden due to a mounting budget crunch have resulted in only limited increases in petrol through a complex three-tiered pricing system. Most users of Iranian-made vehicles have access to 60 litres (15.85 US gallons) per month of subsidised petrol at 15,000 rials (0.8 cents) and another 100 litres (26.42 gallons) at 1.6 cents. Any use over tier 1 and tier 2 is priced at 50,000 rials (around 1.4 cents) and Iranians are allowed a maximum of 30 litres of fuel per day under any of these prices schemes. Impact Analysis The Iranian government is running similar schemes for natural gas, electricity and urban water, with fears of social unrest making them averse to any sudden price hikes. There appears to be little the government can do to bridge the divide between lower energy production and growing demand for subsidised fuel, illustrated by the perpetual queues at petrol stations since the start of the war. Prediction The situation has worsened during the war, with strikes on Iranian energy facilities seeing Iran's gasoline production capacity drop marginally from 115 million litres (30.37 million gallons) per day to 110 million litres (29.06 million gallons). Meanwhile, consumption has jumped from 10 million litres (2.64 million litres) in 2025 to 140 million litres this year (36.98 million litres). US President Donald Trump's threats of more strikes on power plants have heightened fears of further blackouts and gas shortages this summer, meaning the energy crisis is likely to continue in the coming months.

The Road to the 2026 World Cup Saudi Arabia has qualified for the 2026 World Cup, but their journey has been marked by significant changes. Hervé Renard was fired as head coach in April and replaced by Georgios Donis, who had to pick his squad without overseeing a game. Donis, a Greek winger formerly of Blackburn, has coached four Saudi Pro League clubs and knows the league and players, which is why he got the job. His first competitive game as head coach will be against Marcelo Bielsa and Uruguay. The Coach's Challenge Donis faces a tough task in preparing his team for the World Cup. The team's previous coach, Hervé Renard, had a successful stint from 2019 to 2023, overseeing a famous win against Argentina at the Qatar World Cup. However, his second spell was underwhelming, and the team scraped through qualification. Star Player: Salem Al-Dawsari Salem Al-Dawsari is Saudi Arabia's star player. The Asian Player of the Year scored the winning goal against Argentina in 2022 and has consistently been one of the stars of Al-Hilal, cutting in from the left to maximum effect. One to Watch: Musab Al-Juwayr Musab Al-Juwayr is 22, but has already made more than 30 appearances for the Green Falcons. More is still expected of the creative midfielder who won the Saudi Pro League’s Most Promising Player award last season for his vision, passing skills and ability to slow things down when others are rushing around. Unsung Hero: Firas Al-Buraikan Firas Al-Buraikan is an important player for Saudi Arabia. Saudi strikers get a bad press, but Al-Buraikan has scored goals when given time and opportunities. He hasn’t quite become the undisputed No 9 for his country that many expected, but never stops working or running. Probable Starting XI The probable starting XI for Saudi Arabia includes: Goalkeeper: Mohammed Al-Owais Defenders: Omar Hawsawi , Ali Al-Bulaihi , Hassan Kadesh , Saud Abdulhamid Midsfielders: Nasser Al-Khateeb , Abdullah Otayf , Salman Al-Faraj Forwards: Salem Al-Dawsari , Firas Al-Buraikan , Moussa Marega What to Expect from Fans at Games Saudi Arabian fans are expected to be well-represented at the World Cup, with ticket sales described as “steady” from fans in the country and with the Saudi community in the United States. There should be a few thousand in Miami, Atlanta and Houston. Relationship with the US/Trump Saudi Arabia has a close relationship with the US, being one of President Trump's favourite countries. However, Saudi Arabian players and staff don't make political statements as a matter of course.

WHO and Africa CDC Launch $518M Ebola Response PlanWHO chief Tedros Adhanom Ghebreyesus and the African Union’s health agency unveiled a coordinated emergency programme worth $518m. Running from June to November, the plan covers emergency coordination, surveillance, testing, infection‑prevention, clinical care and community engagement across the Democratic Republic of the Congo (DRC) and neighbouring Uganda. Financial Scope and Expected Resource AllocationOverall budget: $518mTimeline: June–November 2026Key components: coordination, surveillance, laboratory testing, PPE, treatment centres, community outreach Outbreak Metrics Highlight UrgencyDRC confirmed cases: 381 infections, 64 deathsUganda confirmed cases: 19 infections, 2 deathsStrain involved: rare Bundibugyo variant, larger than the 2007 and 2012 outbreaks Regional Health Security ImplicationsThe plan arrives as neighbouring Kenya protests a U.S.‑funded Ebola quarantine facility, underscoring regional tension. Strengthening detection and response capacity in the DRC and Uganda is expected to reduce cross‑border spill‑over risk, protect vulnerable populations and restore confidence in public‑health systems. Outlook for Containment and Future PreparednessTedros expressed optimism that the coordinated effort will “stop the outbreak where it is” and set a template for rapid response to future filovirus threats. Success hinges on swift vaccine trials, community compliance, and sustained funding beyond the initial six‑month window.

The £24m Gamble at EpsomTwenty months after embarking on a remarkable £24m spending spree on yearlings at Tattersalls' Book 1 sale in Newmarket, football "super-agent" Kia Joorabchian stands at the threshold of potentially the biggest payoff of his career. As the 247th running of the Epsom Derby approaches, Joorabchian will watch two of his high-profile acquisitions, Poker and Ancient Egypt, compete in the premier Classic, with the outcome potentially reshaping his position in the elite world of international horse racing.The Bloodstock Investment BreakdownThe contrasting stories of Joorabchian's two Derby hopefuls illustrate the uncertainties and potential rewards of high-end bloodstock investment. Poker, the most expensive yearling colt ever sold at public auction in Europe, cost 4.3m gns (£4.5m) but has yet to win even a novice event in three attempts, starting as a 200-1 outsider to become the first maiden to win the Derby since 1887.In stark contrast, Ancient Egypt was purchased for 1.1m gns (£1.2m) – approximately a quarter of Poker's price tag – and has already established himself as a serious contender with three wins from four starts. The son of Frankel, out of a full-sister to a Group One-winning mare, represents Joorabchian's more calculated investment, with the Derby being the primary target when the colt was acquired.The Financial Calculus of Racing RoyaltyWhile the total purse for this year's Derby stands at £2m, with approximately half going to the winner's connections, the financial considerations extend far beyond prize money. For Joorabchian, the £24m investment represents an ambitious entry into the exclusive world of international Flat racing, an arena traditionally dominated by individuals with sovereign wealth from Dubai, Qatar, and Saudi Arabia.The true value lies in establishing a virtuous loop between racing success and breeding potential. A Derby-winning son of Frankel would represent an elite stallion prospect, potentially worth many times the original investment through future breeding rights. This strategic approach mirrors the model employed by John Magnier's Coolmore Stud operation, which has dominated European racing for decades.Challenging Establishment in Horse RacingJoorabchian's venture represents a significant shift in the ownership landscape of elite horse racing. For decades, the sport's premier events have been dominated by homebred horses from established operations like Godolphin, Coolmore, and the Aga Khan, as evidenced by last year's Derby where the first nine finishers included multiple homebred champions.Charlie Johnston, Ancient Egypt's trainer, acknowledges the unique position of his high-profile charge: "You try and tell yourself that from the moment they walk through the door, they all get treated the same regardless of price tag or pedigree, but let's say that, as George Orwell would say, all animals are equal but some are more equal than others." The pressure to deliver on such a significant investment is immense, yet Johnston remains focused on the task at hand.The Road to Racing LegacyShould Ancient Egypt triumph at Epsom, it would mark not only a remarkable return on Joorabchian's investment but also a historic achievement for Johnston. The Yorkshire-based trainer would become the first to saddle a Derby winner since 1869, continuing a family legacy built by his record-breaking father, Mark."There would have been time [for another run before the Derby] but I just felt he'd done enough to book his ticket for Epsom," Johnston explains of his decision to bypass additional prep races. With Ancient Egypt's proven pedigree, including connections to six-time Group One-winner Midday, and a developing race record that could complement his breeding potential, the stage is set for what could be a transformative day for both horse and owner in the world of elite horse racing.

The Summer Art RenaissanceLondon's cultural landscape is experiencing a vibrant transformation this summer with a diverse array of exhibitions spanning optical illusions, light installations, and Pan-African perspectives. From the mind-bending works of MC Escher to the provocative presence of Julio Le Parc, the city's galleries are offering immersive experiences that challenge conventional artistic boundaries.The Escher Paradox ExperienceThe spotlight shines on MC Escher at Somerset House, where the Dutch master's renowned optical illusions and impossible constructions take center stage. This retrospective goes beyond mere visual trickery, incorporating video installations and musical elements to create a multi-sensory exploration of Escher's mathematical precision and artistic vision. The exhibition, running until September 6, represents a rare opportunity to experience the full breadth of Escher's printmaking genius in an environment designed to enhance the paradoxical nature of his work.Light, Colour, and Action in Modern ArtSimultaneously, Tate Modern presents Julio Le Parc: Light. Colour. Action, a comprehensive survey of the Argentinian artist who became a provocative force in the French art scene. Le Parc's innovative use of light and movement challenges traditional notions of static art, creating dynamic environments that respond to viewer interaction. The exhibition, running through May 2027, positions Le Parc as a pivotal figure in bridging the gap between artistic expression and scientific inquiry.Pan-African Artistic ExpressionThe Barbican Gallery hosts Project a Black Planet, a monumental exhibition showcasing the depth and diversity of Pan-African artistic expression. Featuring prominent artists such as Chris Ofili, David Hammons, and William Kentridge, the exhibition presents a comprehensive narrative of African diasporic art from multiple perspectives. Running from June to September, this ambitious survey underscores the growing recognition of African artistic contributions on the global stage.The Marilyn Phenomenon RevisitedAt the National Portrait Gallery, Marilyn Monroe: A Portrait offers a fresh perspective on the cultural icon's enduring fascination. While acknowledging Andy Warhol's iconic representations, the exhibition explores how numerous artists have been drawn to Monroe's image, each interpreting her legacy through different artistic lenses. The exhibition runs until September 6, providing a timely reconsideration of Monroe's cultural impact.Glasgow's Artistic CapitalGlasgow International reinforces the city's status as Scotland's artistic capital, featuring biennial exhibitions from notable artists including Victoria Morton, Cathy Wilkes, and Luke Fowler. The event, running through June with some exhibitions continuing into the summer, highlights Glasgow's unique contribution to contemporary art and its role as a cultural hub outside London's dominant art scene.Architectural Statements and ControversiesAcross the Atlantic, Chicago's Obama Presidential Center has sparked intense debate, with critics likening the $850m structure to 'a Klingon prison.' Designed by Tod Williams Billie Tsien Architects, the complex features a central tower intended to resemble four hands coming together to protect a flame—a beacon of hope. The architectural controversy surrounding the center reflects broader discussions about the role of public buildings in contemporary society and the challenges of creating meaningful civic architecture.Artistic Legacy and Historical ContextThe week's artistic offerings also include a fascinating connection between past and present. The National Gallery's 17th century masterpiece 'A Peepshow With Views of the Interior of a Dutch House' by Samuel van Hoogstraten demonstrates how artists have long played with perspective and illusion—techniques that would later influence modern masters like Escher. This historical context enriches our understanding of artistic innovation across centuries.

The Lead Nepal's Prime Minister Balendra Shah has reignited a border dispute with India after claiming in parliament that Nepal has also encroached on Indian territory – a departure from Nepal's usual stance, which has largely focused on accusing its bigger neighbour of occupying its land. Shah's Comments on Kalapani-Lipulekh “You will be surprised to know a fact that I have learned recently, only after becoming prime minister: Not only has India encroached Nepali territory, but Nepal has also encroached Indian territory in many places,” Shah said during his address to parliament. He did not elaborate on which parts of India he believed Nepal had encroached on. The Data Analysis The long-running dispute between Nepal and India over border territories including Limpiyadhura, Lipulekh and Kalapani has periodically bubbled up over the years. The conflict is a mix of contested history, geography, politics and mapping. The Impact Analysis India responded on Tuesday, saying it has bilateral mechanisms in place with Nepal to resolve issues of disputed territory. Dinesh Paudel, a professor in sustainable development at the North Carolina-based Appalachian State University, told Al Jazeera that Shah's mention of British intervention “will not go well with India”. The Prediction Despite this friction, Paudel said Shah's remarks would not substantially impact Nepal's relationship with India or China. “India is trying to learn how to deal with Balen and his government,” he said, referring to Shah – who is popularly known as Balen, a shorter version of his first name.

Liverpool confirmed that former Bournemouth manager Andoni Iraola has signed a two‑year contract to become the club’s head coach, six days after the dismissal of Arne Slot. Appointment of Andoni Iraola as Liverpool’s New Head Coach The club identified Iraola as the ideal candidate to match their preferred playing style. Competing interests from Milan, Bayer Leverkusen, Crystal Palace, Stuttgart’s Sebastian Hoeness and Lens’s Pierre Sage were set aside as Liverpool’s hierarchy had already favoured the Basque manager. Contract Terms and Timeline Contract length: Two years, running until the end of the 2027/28 season. Negotiation start: Early in the week, with talks progressing smoothly. Key condition: Iraola made clear Liverpool was the only club he wanted to join after his Bournemouth contract expired. Back‑room staff: Iraola intends to bring assistants Tommy Elphick, Shaun Cooper, analyst Tom Webber and fitness coach Pablo de la Torre to Anfield. Strategic Shift for Liverpool’s Playing Style The appointment was driven by sporting director Richard Hughes, who previously hired Iraola at Bournemouth in 2023. Hughes and chief executive of football Michael Edwards concluded that a more aggressive, high‑pressing approach was needed after the disappointing end to Slot’s tenure. Iraola’s record of improving Bournemouth year‑on‑year with limited resources and creating an exciting, high‑pressing team aligns with Liverpool’s vision. Future Outlook Under Iraola’s Leadership With a squad eager for titles and a supportive fan base, Iraola’s arrival is expected to rejuvenate Liverpool’s tactical identity and restore competitiveness in domestic and European competitions. The short‑term focus will be to translate his proven Premier League success into consistent performances, while long‑term ambitions include re‑establishing Liverpool as a dominant force under an attacking philosophy.

Trade Summary: AJ Brown Moves to New England The Eagles announced on Monday that they have traded AJ Brown to the New England Patriots. In return, Philadelphia will receive a first‑round selection in the 2028 NFL Draft and a fifth‑round selection in 2027. Deal Structure and Draft Capital The transaction hinges on high draft value rather than immediate player exchange. The Eagles secured: 2028 first‑round pick (exact slot to be determined by draft order) 2027 fifth‑round pick Both teams confirmed the agreement simultaneously, ending a prolonged speculation period that began after Brown’s disappointing 2025 season. Performance Metrics and Financial Considerations 2025 season: 78 receptions, 1,003 yards, 7 touchdowns over 15 games 2022 (Eagles debut): 88 receptions, 1,496 yards, 11 touchdowns 2023: 106 receptions, 1,456 yards, 7 touchdowns Cap impact: trading Brown would free roughly $43 million in dead‑cap money for 2026, versus about $16 million in 2025 and $27 million in 2026 if the move occurred after June 1. Strategic Implications for Both Franchises For the Patriots, acquiring Brown provides a proven No. 1 receiving option for rookie quarterback Drake Maye, especially after the departure of Stefon Diggs in March. Brown’s familiarity with head coach Mike Vrabel—who coached him in Tennessee—should ease his transition. For the Eagles, the trade clears substantial cap space and adds high‑value draft assets, positioning the team to rebuild after a stalled offense that failed to defend its Super Bowl title. Looking Ahead: Patriots’ Receiving Corps and Eagles’ Draft Plans The Patriots are expected to integrate Brown as the primary target in their passing attack, potentially reshaping their offensive scheme to leverage his route‑running and size. Meanwhile, Philadelphia will likely focus on drafting a versatile receiver or tight end in the upcoming 2026 draft, using the newly acquired first‑round pick to address the void left by Brown. Analysts predict that Brown’s presence will boost New England’s passing yards per game by 30‑40% in 2026, while the Eagles’ cap flexibility could enable multiple free‑agent signings or a higher‑round rookie contract for a fresh talent.

The Ban on Lex Greensill Lex Greensill, the disgraced former financier, has been banned from running a UK company for nine years following the 2021 collapse of his £1.6bn supply chain invoicing firm, Greensill Capital. The Collapse of Greensill Capital Greensill Capital collapsed into administration in March 2021 with liabilities of more than £1.6bn. The firm's collapse led to a significant financial scandal, involving former Prime Minister David Cameron and Japanese investor Masayoshi Son. The Insolvency Service's Findings The Insolvency Service found that Greensill breached his legal duty to exercise reasonable care, skill, and diligence as a company director, causing a loss of $440m to Credit Suisse. Greensill directed his companies to enter transactions that removed legal protections from loan notes, despite lacking the required written consents. The Impact of the Collapse The collapse of Greensill Capital caused chaos for companies owned by Sanjeev Gupta's Gupta Family Group (GFG) Alliance, which had relied heavily on Greensill financing. The UK's Serious Fraud Office is investigating suspected fraud, fraudulent trading, and money laundering related to GFG's financing arrangements with Greensill Capital. The Future Outlook Greensill still faces a separate civil action by administrators for Greensill Capital (UK), in which he is named as a defendant. The nine-year ban on Greensill running UK companies reflects the serious nature of his conduct and serves as a warning to other company directors.