A noticeable shift in the weather pattern is underway across the Delmarva region today as a stalled frontal boundary lingers just to the south. This setup is bringing cooler temperatures and a more overcast sky compared to the recent stretch of warmth.
High temperatures today are expected to remain subdued, generally ranging from the mid 40s to mid 50s across Delaware and the Maryland Eastern Shore. Persistent cloud cover will dominate much of the day, and while widespread rainfall is not expected, a few isolated showers or areas of drizzle may develop at times.
As we head into tonight, the stalled boundary will begin lifting northward as a warm front. This transition will mark the beginning of a gradual warming trend. Temperatures may dip slightly this evening before stabilizing or even slowly rising overnight, especially across southern Delmarva. Overnight lows are now expected to range mainly in the low to mid 40s.
With increasing low-level moisture and lighter winds overnight, patchy fog may develop in some locations, potentially reducing visibility into early Friday morning. A few spotty showers could also accompany the northward-moving warm front.
By Friday morning, the warm front is expected to lift fully through the region, allowing for a significant rebound in temperatures. Afternoon highs will climb into the 70s, bringing a return to milder, more spring-like conditions across Delmarva.
Overall, today’s cooler and gray conditions will be short-lived, with a quick turnaround to warmer weather heading into the end of the week.
Motorists should plan alternate routes as a portion of Orchard Avenue remains blocked to traffic today.
The Delaware Department of Transportation reports the roadway is shut down between N. Woodward Avenue and Roselle Avenue. The closure is expected to remain in effect until 3 PM today.
Drivers are advised to seek alternative routes and allow extra travel time when navigating the area.
New Castle County police are investigating after someone discovered what appears to be human remains in a Highland Woods neighborhood over the weekend.
Officers responded to the unit block of Ravine Road on Sunday evening, March 29, 2026, after receiving a call about a possible human skull found near a creek bed in a wooded section of the area. The call came in around 5:22 p.m., according to the New Castle County Division of Police.
Initial examination by responding patrol officers suggested the discovery warranted further investigation. The Highland Woods neighborhood is located in the 19810 zip code area of Wilmington.
Police have not released additional details about the investigation or the circumstances surrounding the discovery.
Lebanon’s Prime Minister Nawaf Salam delivered a stark warning Thursday that the devastating conflict gripping his nation appears far from over, with more than one million residents already forced to abandon their homes during the past month of fighting.
The country has now entered its second month of warfare between Israeli forces and the Iran-supported militant organization Hezbollah, with Israeli leaders declaring their intention to control large portions of southern Lebanon to establish what they call a protective buffer zone for their northern communities.
“Lebanon has become a victim of a war – one whose outcomes and end date no one can predict,” Salam declared during a press conference following his cabinet’s Thursday session.
The prime minister expressed grave concerns about Israel’s long-term objectives, stating: “The positions of Israeli officials, and the practices of their army, reveal far-reaching goals, including a significant expansion in the occupation of Lebanese territories, dangerous talk about establishing buffer zones or security belts, and the displacement of more than one million Lebanese.”
Israeli declarations about maintaining military control over southern Lebanon have sparked widespread anxiety about a prolonged occupation, reminiscent of Israel’s two-decade presence in the region that concluded in 2000.
Salam announced his administration’s commitment to intensifying diplomatic and political initiatives to bring the hostilities to a close. Meanwhile, Lebanese President Joseph Aoun’s proposal for direct negotiations with Israel has yet to receive any acknowledgment.
The current escalation began after a brief ceasefire from 2024 collapsed, with Israeli forces maintaining positions at five elevated locations throughout southern Lebanon while continuing aerial bombardments.
The full-scale military campaign commenced following Hezbollah’s March 2 rocket attacks into Israeli territory, launched in support of Iran amid growing tensions between Tehran and the U.S.-Israel alliance.
Without directly mentioning Hezbollah by name, Salam criticized the coordinated military actions conducted alongside Iran’s Revolutionary Guards.
The human toll has been severe, with Israeli airstrikes claiming more than 1,300 lives while displacing approximately 20 percent of Lebanon’s entire population. Israeli evacuation directives now cover roughly 15 percent of Lebanese territory.
“I want to direct the biggest salute to our people who are staying in their hometowns and villages in the south, and want to reiterate that we stand by them,” the prime minister emphasized.
Despite the advancing military operations, tens of thousands of Lebanese citizens have chosen to remain in their southern communities, even as Lebanese military units retreat to avoid direct confrontations with Israeli troops. Among those staying are approximately 9,000 Lebanese Christians residing in border communities who have expressed their determination to remain despite the escalating danger.
The prime minister also highlighted the importance of maintaining domestic unity as the ongoing conflict puts pressure on Lebanon’s delicate sectarian political structure. Some communities have shown reluctance to welcome displaced families, prompting the government to explore long-term housing solutions as the war continues.
Mohammad al-Badran, a Syrian resident of Beirut’s southern suburbs for many years, described being rejected when his family sought shelter in mountainous areas outside the capital. Now living in a temporary tent settlement with his wife and four children – including a newborn born just two weeks before fighting began – Badran represents thousands facing similar hardships.
His 10-year-old daughter Nour can hear the explosions from nearby Israeli strikes. “The sound is loud, the children are crying, and I feel like the missiles are flying above us,” she explained.
Ali al-Aziz, another resident who fled the southern suburbs, called for Israeli withdrawal to enable peace and his return home. “We want the war to end once and for all. Not for a war to happen every year or every ten years,” he said.
Thousands of athletes will participate in the annual Coastal Delaware Running Festival on Sunday, April 12, with races including a 9k, half-marathon, and full marathon scheduled throughout the day. The event’s course will wind through Rehoboth Beach and nearby areas, requiring temporary traffic restrictions and street access limitations.
Several streets will have restricted access for local residents only between 7 a.m. and 3 p.m. on race day:
Henlopen Avenue (residents of Henlopen Acres should use 2nd Street as an alternate route)
Columbia Avenue
Grove Street between Columbia Avenue and Henlopen Avenue
Gerar Street
Sussex Street between 5th and 4th streets
Ocean Drive
Surf Avenue
Additionally, motorists should expect potential short-term road closures on several other streets during the early morning hours:
Between 7 a.m. and 9 a.m., temporary closures may affect:
Rehoboth Beach will team up with students from Rehoboth Elementary School’s fourth and fifth grades for an Arbor Day celebration scheduled for Thursday, April 16. The public event kicks off at 9 am at Stockley Street Park.
The festivities will start with an awards ceremony honoring students who won the Delaware Forest Service’s Arbor Day Poster Contest at their grade levels. The Rehoboth Art League will present the awards, and all contest entries will be displayed at City Hall. This year’s poster submissions focused on the theme “Trees are terrific… for people and places.”
Educational workshops, contests, and tree planting activities will take place during the morning hours. Delaware Forest Service representative Ashley Melvin and city arborist Mike Lilly will lead learning sessions for participating students. The children will plant a pair of trees in the park – a Bald Cyprus and a Willow Oak.
This year marks Rehoboth Beach’s 35th straight year earning Tree City USA recognition. The award acknowledges the municipality’s dedication to tree conservation and planting initiatives through local policies and community involvement.
Delaware’s mobile motor vehicle services will hit the road again this spring, with the state’s DMV announcing the return of its popular traveling unit program.
Starting April 2nd, 2026, the Delaware Division of Motor Vehicles will deploy its mobile service unit to Sussex County locations three times each week, continuing operations through October 29th. The traveling office will maintain regular hours from 10 a.m. to 2 p.m. during each visit.
Sussex County residents can count on finding the mobile DMV at the Lewes Transit Center every Monday throughout the season. The unit will also make regular Tuesday stops at additional county locations.
The mobile service brings essential motor vehicle transactions directly to communities, eliminating the need for residents to travel to traditional DMV offices for many routine services.
Ocean City, Maryland will mark a milestone this spring as the popular resort town prepares to host the 35th edition of its beloved Springfest celebration.
The annual festival is scheduled to run from Thursday, April 23 through Sunday, April 26, 2026, taking place at the town’s Inlet Lot location. Visitors can enjoy the festivities daily between 10 a.m. and 6 p.m. throughout the four-day event.
This year’s celebration promises to showcase more than 200 artists and crafters, offering both locals and tourists a chance to welcome the arrival of warmer spring weather. The festival maintains its tradition of free admission, making it accessible to all who wish to attend.
The event represents one of Ocean City’s signature springtime attractions, drawing crowds to kick off the warmer season along the Maryland coast.
Tesla’s vehicle deliveries came in below Wall Street projections for the first quarter of 2024, released Thursday, with industry analysts pointing to the end of federal electric vehicle tax incentives as a contributing factor to reduced consumer demand.
The electric automaker reported delivering 358,023 vehicles during the three-month period ending in March, representing a 14.4% decline compared to the previous quarter and a 6.3% increase over the same period last year.
Financial analysts had projected the company would deliver approximately 368,903 vehicles during the quarter, based on data compiled by Visible Alpha.
Investment powerhouse KKR announced Thursday that it has successfully secured $23 billion for its newest North America-focused private equity fund, marking the company’s largest regional fund to date.
This massive fundraising success demonstrates the strong appetite investors continue to have for private market opportunities, particularly as more businesses choose to stay private for extended periods to sidestep the unpredictable nature of public stock markets.
Major companies worth billions, such as artificial intelligence leader OpenAI and betting platform Kalshi, exemplify this trend by remaining privately held while still attracting substantial investment capital.
The newly established fund, officially called KKR North America Fund XIV or NAX4, will focus on opportunistic private equity deals throughout the North American market.
KKR’s track record shows impressive results, with the three previous funds in this series generating gross returns of 23% over the last ten years. The firm’s total private equity assets under management have grown to approximately $229 billion, representing nearly double the amount since 2020.
According to KKR’s official statement, the fund drew interest from a diverse mix of both returning and first-time investors, spanning public pension funds, private retirement plans, sovereign wealth funds, insurance companies, university endowments, charitable foundations, and private wealth management platforms.
State officials from Dover have revealed that Delaware’s mobile DMV services will return to Sussex County communities beginning April 2, 2026.
The traveling motor vehicle office will operate at three different Sussex County locations each week until October 29, 2026, offering services from 10 a.m. to 2 p.m. on designated days.
Residents can access the mobile unit on Mondays at the Lewes Transit Center, Tuesdays at Milton’s CHEER Center, and Thursdays at Seaford’s Harbor Freight Shopping Center.
The Delaware Division of Motor Vehicles expressed enthusiasm about bringing these convenient services directly to Sussex County communities for the 2026 season.
WASHINGTON — Weekly unemployment benefit applications declined last week, showing continued stability in the job market despite ongoing concerns about economic uncertainty stemming from the Iran conflict and rising energy prices.
New claims for unemployment assistance dropped by 9,000 to reach 202,000 for the week that concluded March 28, down from the prior week’s total of 211,000, according to Thursday’s Labor Department data. The figure came in lower than the 212,000 applications that economists polled by FactSet had predicted and falls within typical ranges seen over recent years.
These weekly unemployment claims serve as a key indicator of job market conditions and provide near real-time insight into the pace of layoffs across the country.
Several major corporations have announced workforce reductions recently, including software company Oracle, which media outlets report eliminated thousands of positions this week.
Additional companies implementing job cuts include Morgan Stanley, Block, UPS, and Amazon.
Since the economy recovered from the pandemic-related downturn, weekly unemployment applications have generally remained steady between 200,000 and 250,000. Employment growth, however, began decelerating approximately two years ago and slowed further in 2025 due to President Donald Trump’s unpredictable tariff policies, federal workforce reductions, and continued impact from elevated interest rates designed to combat inflation.
Job creation totaled less than 200,000 positions last year, a sharp contrast to roughly 1.5 million new jobs added in 2024, based on FactSet information.
The Labor Department’s February employment report revealed an unexpected loss of 92,000 jobs, indicating continued pressure on the labor market. Downward revisions also eliminated 69,000 positions from December and January totals, pushing the unemployment rate to 4.4%.
March employment data will be released Friday.
February’s disappointing job numbers contribute to economic uncertainty surrounding the Iran war, which has driven oil prices up more than 40% and increased costs for businesses and consumers alike.
These developments occur while inflation was already running above desired levels in the United States.
Recent Commerce Department data showed the Federal Reserve’s preferred inflation measure increased 2.8% in January compared to the same period last year. This exceeds the Fed’s 2% goal and demonstrates that prices remained stubbornly high even before the Middle East conflict triggered energy cost spikes.
The combination of persistent inflation and Middle East conflict uncertainties prompted the Fed to maintain its benchmark interest rate at the most recent meeting, casting doubt on potential rate reductions in the near term.
Federal Reserve officials implemented three rate increases to end 2025 amid concerns about labor market weakness.
Economic experts describe the current U.S. job market as trapped in a “low-hire, low-fire” environment that maintains historically low unemployment levels while making it difficult for jobless individuals to secure new employment.
Thursday’s Labor Department data indicated the four-week moving average for unemployment claims, which smooths out weekly fluctuations, decreased by 3,000 to 207,750.
The overall count of Americans receiving unemployment benefits for the week ending March 21 increased by 25,000 to 1.84 million, government figures showed.
CAIRO — Libyan officials announced Thursday that severe weather has derailed attempts to safely tow a crippled Russian gas tanker that has been floating adrift in Mediterranean waters since sustaining damage months ago.
The vessel, known as the Arctic Metagaz, belongs to Russia’s unofficial fleet of ships that transport oil and gas products despite international restrictions imposed over the conflict in Ukraine. The tanker suffered damage in what officials believe was a sea drone assault back in March.
According to Libya’s coast guard, crews had been working to pull the liquefied natural gas carrier toward a secure area near Zuwara, a town along Libya’s western shoreline.
But Libya’s Ports and Maritime Transport Authority reported that the rescue mission collapsed at 4 a.m. local time Thursday when brutal weather and powerful winds sent the vessel spinning beyond anyone’s control.
“The tanker is unable to return to redo the towing operation under these dangerous weather conditions,” officials stated, warning all maritime traffic to stay at least 10 nautical miles away from the wayward ship.
Malta Today newspaper indicated the tanker had been pulled to the edge of Malta’s maritime rescue territory.
Libyan port authorities are asking nearby ships to immediately report any changes to the tanker’s condition, particularly if they spot any leaks or smoke coming from the vessel.
Back in March, maritime officials said the Arctic Metagaz had suffered “sudden explosions, followed by a massive fire” roughly 240 kilometers (150 miles) from Libya’s coastal city of Sirte.
The World Wide Fund for Nature, an international environmental group, confirmed the ship stayed afloat after the incident and began floating toward Libya’s coastline.
Libya’s National Oil Corp. revealed last month it had partnered with Italian energy firm Eni to safely guide the compromised tanker to shore and prevent a potential environmental disaster.
Defense contractor stocks have tumbled even as Middle East tensions continue, showing that Wall Street’s typical strategy of buying military shares during conflicts had already run its course weeks earlier when investors anticipated stronger action from President Trump’s administration.
The NYSE Arca Defense index, tracking 34 American companies both large and small, dropped almost 8% last month while the broader S&P 500 fell 5%. This contrasts sharply with February 2022, when the same defense index jumped 12% following Russia’s attack on Ukraine.
Market experts say the weak showing indicates investors are cashing out after strong gains this year, rather than reflecting reduced demand or concerns about future military spending.
“A lot of conflict premium was in their valuations,” explained David Bianco, Americas chief investment officer at German asset manager DWS.
“We saw gold and oil and defense rally, part of the reason was messages from the administration, when Trump was sending the armada to the Middle East. Nobody knew anything, but they saw chances of a conflict,” Bianco added.
Bianco revealed he started cutting back his heavy position in defense stocks before Middle East fighting escalated.
Warning signs appeared well ahead of the U.S.-Israeli bombing campaign that started in late February, indicating Washington was gearing up for potential confrontation with Iran.
Reuters had documented in preceding weeks how America was strengthening military presence in the Middle East while preparing for extended operations if diplomatic efforts collapsed.
European defense companies experienced similar declines, falling 11% in March for their worst monthly performance since the pandemic. This broad selloff reflected investor fears about potential energy disruptions from the war. European defense stocks had previously rallied as governments across the continent unveiled massive military buildup plans following Russia’s Ukraine invasion.
Trump’s proposal for a $1.5 trillion military budget by 2027 far exceeds the $901 billion Congress approved for 2026, but questions remain about whether lawmakers will approve such dramatic increases.
“Nothing that has happened so far suggests that a $1.5 trillion 2027 defense budget could be exceeded. For these reasons, one should not expect upside to come from the current conflict,” wrote Bernstein analyst Douglas Harned in a recent research note.
Defense stocks have skyrocketed more than 150% from 2020 through 2025, pushing the sector to extremely high price levels.
The S&P 500 Aerospace & Defense segment now trades at roughly 32 times expected earnings over the next 12 months, significantly above the overall S&P 500’s ratio of about 20 times, based on LSEG data.
Wall Street has shown little excitement despite Pentagon efforts to increase production for restocking depleted missile and ammunition supplies.
Revenue increases will take considerable time to appear since lengthy manufacturing processes and factory limitations restrict how quickly companies can boost output, industry analysts note.
Profit growth expectations for 2026 dropped to around 12% by March’s end from approximately 15% at the start of 2026 for major contractors including General Dynamics, Lockheed Martin, Northrop Grumman, L3Harris and RTX, according to Tajinder Dhillon, head of earnings and equity research at LSEG Data & Analytics.
“The conflict would need to last longer, or expand materially, for (earnings) estimates to move higher,” stated Sameer Samana, head of global equities at Wells Fargo Investment Institute.
Apart from high stock prices, investors cite restricted manufacturing flexibility as another concern.
Richard Safran, senior analyst and managing director of aerospace and defense at Seaport Research Partners, noted that defense company funding gets redirected toward immediate operational requirements instead of modernization or development projects during active conflicts.
The Trump administration is also pushing defense contractors to focus on manufacturing rather than returning money to shareholders, creating additional uncertainty about dividend payments and stock buybacks.
The industry’s future prospects depend largely on federal budget decisions, with important spending information expected April 21, Bloomberg News reported.
A major private credit company announced Thursday it will cap investor withdrawals from two of its retail funds following an unprecedented wave of redemption requests.
Blue Owl Capital Management received withdrawal demands totaling 40.7% of investor shares in its Blue Owl Technology Income Corp fund, along with requests for 21.9% of shares in the Blue Owl Credit Income Corp fund, according to preliminary data released in shareholder communications.
The investment firm responded by reinstating standard withdrawal limits of 5% of fund shares per quarter. These business development companies typically maintain such restrictions, though Blue Owl had relaxed the policy last quarter to accommodate redemptions of 15.4% of shares.
The withdrawal surge highlights investor concerns in the private credit sector as market conditions shift. Blue Owl’s decision to reimpose the quarterly caps will force many investors seeking to exit their positions to wait longer to access their money.
WASHINGTON – The number of Americans filing for unemployment benefits declined last week, reflecting continued stability in the job market despite growing concerns about economic uncertainty from overseas conflicts.
Weekly unemployment benefit applications decreased by 9,000 to reach a seasonally adjusted 202,000 for the week ending March 28, according to Thursday’s report from the Labor Department. This figure came in below the 212,000 applications that economists had predicted.
Throughout this year, unemployment claims have remained within a 201,000-230,000 range, reflecting what economic experts characterize as a “low hire, low fire” employment environment. Analysts attribute this market stagnation to ongoing uncertainty stemming from President Donald Trump’s aggressive trade tariff policies.
Job creation in the private sector has averaged just 18,000 new positions monthly over the three-month period ending in February.
Economic experts point to the Trump administration’s strict immigration policies as another factor limiting job growth by reducing available workers. Additionally, the month-long conflict between the U.S. and Israel against Iran has created further business uncertainty. President Trump announced Wednesday his intention to pursue more aggressive military action against Iran.
While economists surveyed by Reuters anticipate job growth may have recovered to 60,000 positions in March, some caution this improvement might be short-lived due to the ongoing conflict, which has driven global oil prices up more than 50%. National gasoline prices have exceeded $4 per gallon this week for the first time in over three years.
February saw a decrease of 92,000 jobs, attributed partially to healthcare worker strikes and severe weather conditions. The unemployment rate is expected to remain unchanged at 4.4%.
The Bureau of Labor Statistics plans to release March employment data on Friday, noting that Good Friday is not a federal holiday in the United States.
“We do expect it (war) to delay the modest improvement we expected in the labor market this year, as uncertainty, a slowdown in consumer spending and rising costs cause businesses to put hiring on hold,” said Nancy Vanden Houten, lead U.S. economist at Oxford Economics.
The count of individuals collecting unemployment benefits beyond their first week, which serves as an indicator of hiring activity, rose by 25,000 to a seasonally adjusted 1.841 million during the week ending March 21, according to the claims data.
These continuing claims numbers have dropped from the elevated levels seen last year. However, individuals who have used up their benefit eligibility, which is capped at 26 weeks in most states, may be keeping these numbers artificially low. Bureau of Labor Statistics information released this week revealed a larger-than-anticipated decline in available job positions during February, with hiring rates falling to their lowest point in nearly six years.
Electric vehicle manufacturer Rivian Automotive reported stronger-than-expected delivery numbers for the first three months of 2024, suggesting consumer interest in its electric SUVs and pickup trucks is bouncing back after a challenging period last year.
The California-based company announced Thursday that it shipped 10,365 vehicles during the January-March period, topping Wall Street predictions of 9,678 deliveries according to data from Visible Alpha. The automaker also maintained its annual delivery target of between 62,000 and 67,000 vehicles for the full year.
Industry experts believe rising fuel costs since conflicts began in Iran this February may be pushing more consumers toward electric alternatives, potentially benefiting companies like Rivian and market leader Tesla.
Rivian’s performance had struggled during the final quarter of 2023 when a federal tax incentive worth $7,500 for electric vehicle purchases ended in September, making their vehicles more expensive and removing a key purchasing motivator for buyers.
Manufacturing numbers also exceeded expectations, with Rivian producing 10,236 vehicles during the quarter compared to analyst estimates of 9,852 units.
The improved production figures come at a crucial time as the company prepares to launch its more affordable R2 model this spring. The entry-level version of the R2, with an expected starting price around $45,000, is scheduled to reach customers next year.
Company officials believe this new model will help them reach a broader range of customers and compete directly with Tesla’s popular Model Y Premium, which starts at $44,990.
Rivian also announced a major partnership with ride-sharing company Uber last month, where Uber plans to invest as much as $1.25 billion in the electric vehicle maker. Under the agreement, Rivian’s self-driving R2 SUVs will serve as autonomous taxis starting in 2028.
The company is scheduled to release its complete first-quarter financial results on April 30 following the close of stock market trading.
WASHINGTON – President Donald Trump has been considering the removal of Attorney General Pam Bondi due to dissatisfaction with her performance in the role, according to reports from major news outlets Wednesday.
The president’s concerns reportedly center on what he perceives as insufficient aggressiveness in pursuing his political adversaries and issues with how she has managed the Jeffrey Epstein investigation documents, The New York Times reported.
According to the report, which cited four anonymous sources with knowledge of the discussions, Trump has considered replacing Bondi with Lee Zeldin, who currently serves as Environmental Protection Agency Administrator. CNN confirmed similar reporting about these internal conversations.
Neither the White House nor the Justice Department provided responses to requests for comment from Reuters regarding these reports.
When asked about the situation by The New York Times, Trump stated: “Attorney General Pam Bondi is a wonderful person and she is doing a good job.” A representative for Bondi pointed to the president’s statement when contacted by the newspaper.
Bondi accompanied the Republican president to the Supreme Court Wednesday during oral arguments for a case involving birthright citizenship.
Political observers note that Trump has abandoned traditional practices meant to keep federal law enforcement separate from political influence.
During his campaign, he promised retaliation following the numerous legal challenges he faced after his first presidency concluded in 2021. He has maintained his public criticism of those he considers opponents and has urged Bondi’s Justice Department to pursue criminal charges against them.
Following Trump’s return to office in January 2025, federal prosecutors have pursued cases against several high-profile figures including former FBI Director James Comey, New York Attorney General Letitia James, Federal Reserve Board Governor Lisa Cook, and former national security adviser John Bolton.
White House officials have stated that Trump is fulfilling his campaign commitments to reform what he characterizes as a justice system “weaponized” by former Democratic President Joe Biden.
The Jeffrey Epstein investigation documents have created additional challenges for Bondi, with a congressional committee issuing a subpoena requiring her testimony in their related inquiry.
Bondi previously served as Florida’s state attorney general and defended Trump during his first impeachment proceedings while he was in his initial presidential term.
She became Trump’s second selection for the nation’s top law enforcement position after his initial nominee, former Representative Matt Gaetz, removed himself from consideration before the release of a congressional ethics investigation that determined he had purchased sex and drugs from women and obstructed congressional proceedings.
Drivers traveling on Northeast Boulevard should plan for potential delays today as officials have closed the right lane at East 12th Street for drone operations.
The lane restriction will remain in place until 12 PM, according to traffic officials. Motorists are advised to use caution when traveling through the area and allow extra time for their commute.
The temporary closure is necessary to accommodate ongoing drone work in the vicinity. Traffic is being directed around the closed lane during the operation.
Delaware Department of Transportation crews are conducting litter cleanup operations along a stretch of Interstate 495 today, working between the Port of Wilmington and Claymont.
The maintenance teams are focusing their efforts on the right shoulder of the highway, with operations expected to wrap up by 5 PM this afternoon.
Motorists traveling through the area should exercise caution and be aware of the presence of DelDOT workers along the roadway during the cleanup activities.
Following two years of adjustments to its budget offerings, McDonald’s is adopting a streamlined strategy with its latest value menu approach.
Beginning April 21, the restaurant chain will launch a redesigned McValue menu featuring 10 items, each priced below $3. Morning options will include hash browns and Sausage McMuffins, while the remainder of the day brings choices like small fries and McDouble burgers.
While certain items already fall under the $3 threshold in various regions across the United States, others currently exceed this price point. This uniform selection will take the place of McDonald’s existing McValue offerings, which currently allow patrons to select from a restricted list of $1 items when purchasing a full-priced product.
This move toward clearer value messaging and increased customer choice mirrors recent strategies implemented by McDonald’s competitors. Taco Bell debuted its Luxe Value Menu in January, also featuring 10 selections at $3 or below. Panera Bread rolled out its inaugural value menu in February, offering 10 choices at $4.99 each.
Wendy’s updated its Biggie Deals value offerings in January, now showcasing $4 Biggie Bites, $6 Biggie Bags, and $8 Biggie Bundles. KFC has recently incorporated $5 bowls into its domestic menu options.
These budget-friendly menus aim to provide customers with economical choices, even as fast-food establishments simultaneously introduce premium-priced items such as McDonald’s Big Arch burger or Burger King’s limited-edition Peppercorn BLT Whopper.
Restaurant chains have prioritized affordability for multiple years to attract back patrons frustrated by rising food costs. While prices for dining out typically increase 3.5% annually, government data shows they jumped 7% in 2023, 4% in 2024, and 3.8% in 2025.
“Throughout all retail sectors, including quick-serve restaurants, ‘value’ has transformed into a promotional necessity,” stated Roger Beahm, an emeritus marketing professor at Wake Forest University’s School of Business.
McDonald’s launched its $5 Meal Deal in June 2024 and will introduce a $4 Breakfast Meal Deal on April 21. The company debuted the McValue menu in January 2025, and last autumn introduced Extra Value Meals, which offer a 15% savings on bundled meals compared to purchasing items separately.
“Value matters more than ever to our customers, and we take that responsibility seriously,” Alyssa Buetikofer, the chief marketing and customer experience officer for McDonald’s USA, told The Associated Press.
According to Buetikofer, McDonald’s has enhanced customer perceptions regarding value and affordability since 2024. However, the company chose to redesign its McValue menu after customers expressed desires for greater flexibility and improved morning value. Breakfast items comprise half of the under-$3 menu selections.
California McDonald’s franchisee Scott Rodrick endorsed the new approach, believing it will streamline the ordering process by reducing customer confusion about available deals.
“The value proposition is super clear — no deep explanation or mental gymnastics needed to understand where value is on my menu board,” Rodrick said.
Rodrick noted that the modifications received widespread franchisee approval, with most U.S. locations expected to implement them. Approximately 95% of McDonald’s domestic restaurants are franchisee-owned and operated, with individual pricing control.
The fast-food industry’s balancing act of promoting value through deals and discounts while increasing prices on premium items appears successful, according to Revenue Management Solutions, a restaurant consulting firm. February saw U.S. fast-food restaurant traffic increase by less than 1% compared to the previous year. Traffic declined 2% during the final quarter of 2025 and in January.
However, the consulting company cautioned that elevated gas prices resulting from the Iran conflict likely affected fast-food traffic in March, potentially pressuring chains to provide additional value offerings.
Beahm warned that the term “value” risks becoming overused. Eventually, the excitement of deals diminishes, and customers lose track of previous pricing, he explained.
“If everything is always positioned as a value, then can anything really be a value?” Beahm said.
He believes new product introductions represent an effective customer attraction strategy. Enhanced service or unexpected benefits, such as charitable donations with purchases, offer alternative approaches.
Jennifer Fritch, an assistant marketing professor at Arcadia University, concurred. The fast-food marketplace is saturated, she noted, and price-only focus reduces food to a commodity. Younger consumers particularly seek emotional connections, customization, and ingredient transparency, and will pay premium prices when they discover these qualities, she explained.
“If it’s just cheap food, that’s not a winning long-term strategy,” Fritch said. “The list of demands and list of expectations is higher than it has ever been, and it’s insufficient to try to gain sales just on cost.”
WASHINGTON – Congressional leaders moved closer to resolving a nearly seven-week Department of Homeland Security funding impasse early Thursday morning when the Senate took steps to allow the House of Representatives to vote on a funding measure extending through September 30.
The legislation, which the Senate approved late last week, does not include additional money for immigration enforcement operations that are already well-funded.
House representatives were scheduled to convene at 8:30 a.m., though it remained uncertain whether they would immediately consider the Senate-passed measure.
Senate Majority Leader John Thune addressed an almost empty chamber to advance efforts to resolve the DHS funding standoff. He effectively eliminated a 60-day temporary funding bill that the House had previously approved but lacked sufficient Senate support to advance.
The Senate had dismissed that House measure on Friday before entering recess, signaling clear opposition to the temporary approach.
On Wednesday, Republican leadership from both chambers announced they had negotiated an agreement to finally resolve the DHS shutdown. However, questions remained about whether rank-and-file House Republicans would back the compromise.
If the House approves the Senate version, the legislation would proceed to President Donald Trump’s desk for his signature.
Turmoil in the Middle East is creating widespread disruption across international financial markets, prompting companies around the world to make significant changes to their investment and dividend plans.
The ongoing conflict has created challenges for global supply chains and raw material distribution, leading several major corporations to alter their financial strategies. Here are the companies that have announced changes to their public offerings or shareholder payments:
Swedish outdoor technology company Dometic Group has eliminated its planned dividend payment of SEK 1.00 ($0.11) per share, opting instead to pay no dividend for 2025. The company cited increased economic uncertainty from geopolitical developments and noted that demand and trading conditions have become weaker than expected.
Travel booking website Loveholidays is considering postponing its planned London stock market debut worth up to 1 billion pounds ($1.3 billion), according to a source with knowledge of the situation who spoke to Reuters. The delay stems from the conflict’s negative impact on market confidence and disruptions to travel operations.
Canadian well construction automation firm McCoy Global announced it will halt its quarterly dividend payments to preserve financial flexibility during the Middle East crisis. The company stated that the conflict has created uncertainty while disrupting logistics and delivery timelines.
Walmart-backed Indian financial technology company PhonePe has put its initial public offering plans on hold following market instability caused by geopolitical tensions. The firm indicated it will restart the IPO process when market conditions stabilize.
XED Executive Development, an executive education platform that was set to become the first company from India’s low-tax GIFT City to go public, has withdrawn its stock offering. The company blamed weak market sentiment from the Middle East conflict and delays in completing required video verification processes for non-resident Indian and foreign investors that are connected to the ongoing crisis.
BEIJING, April 2 – The People’s Bank of China announced Thursday it has authorized 12 additional financial institutions to operate its digital yuan system, validating a previous Reuters report from last month.
Among the newly approved banks are China CITIC Bank, China Everbright Bank, China Guangfa Bank, and Shanghai Pudong Development Bank, according to the central bank’s official statement.
The expansion is designed to “enhance the inclusiveness of digital yuan services” and provide citizens with “safe, convenient and efficient” payment alternatives, officials stated.
With Thursday’s announcement, the total count of authorized digital yuan operators has reached 22 institutions.
China’s efforts to integrate the digital yuan into everyday commerce have progressed more gradually than anticipated since the program’s 2019 debut, largely because consumers already have access to secure and affordable payment methods through established platforms like Alibaba’s Alipay and Tencent Holdings’ WeChat Pay.
This initiative unfolds as China maintains its strict stance against virtual currencies and prohibits stablecoins, creating a stark difference with the United States, where President Donald Trump has endorsed cryptocurrencies while rejecting a digital dollar.
“The central bank will continue to expand the number of operating institutions in an orderly manner in accordance with market-oriented and rule-of-law principles,” the PBOC stated, emphasizing its goal to establish an “open, inclusive and fair competitive environment” for digital currency growth.
As the United States and China engage in an escalating space competition, Beijing is pushing forward with ambitious plans to place its first astronauts on the lunar surface by 2030.
While China has previously only deployed robotic missions to the moon, these expeditions have demonstrated the nation’s advancing space technology capabilities that will be essential for achieving human lunar exploration.
Currently, Chinese engineers are developing and testing all the necessary equipment for a successful crewed moon landing. In August of last year, they conducted trials of their lunar landing vehicle at a specially constructed facility in Hebei province designed to replicate conditions on the moon’s surface.
The testing site featured specialized coatings that matched the reflective properties of lunar soil and was scattered with rocks and crater formations to simulate the actual lunar environment. The landing craft’s systems for both descent to and ascent from the moon underwent thorough evaluation during these tests.
The lunar landing vehicle, called Lanyue – which translates to “embrace the moon” in Chinese – is designed to ferry astronauts between lunar orbit and the moon’s surface. According to China’s human spaceflight agency, it will also function as living quarters, electrical supply, and information hub once crews arrive on the moon.
Additional critical components currently in development and testing phases include the Long March 10 heavy-duty rocket designed to launch the Mengzhou crew capsule into space. Engineers are also working on specialized suits for lunar walks, crewed exploration vehicles, moon-orbiting observation satellites, and new ground-based systems to handle mission navigation and Earth communications.
Should China achieve a successful human moon landing before 2030, it would advance their objectives to construct a “basic model” of the International Lunar Research Station by 2035. Wu Weiren, who leads China’s lunar exploration program design, describes this as including a “comprehensive scientific facility” and “a certain scale of resource development and utilization.”
This human outpost, developed jointly by China and Russia, might incorporate a nuclear power plant on the lunar surface for energy generation.
Wu indicated in a 2024 presentation that by 2045, the ILRS would expand to feature a “lunar orbital station as the hub” for conducting “in-depth resource development and utilization, and relevant technical verification and scientific experimental research for manned landing on Mars.”
China’s upcoming crewed lunar missions will depend significantly on information gathered through the nation’s robotic moon expeditions. In June 2024, China achieved the historic milestone of being the first nation to bring back lunar samples from the moon’s far side using the Chang’e-6 spacecraft, which visited the South Pole-Aitken basin.
Two additional robotic missions, Chang’e-7 and Chang’e-8, are scheduled for completion before 2030. These will provide Beijing with additional data about the lunar region where China intends to send astronauts and ultimately establish a permanent human settlement.
Through its recent unmanned lunar expeditions, China has become the sole country to successfully collect and return lunar material from both the moon’s near and far sides.
Delaware Department of Transportation crews are conducting construction work that has resulted in a shoulder closure on Longacre Drive today.
The affected area spans from South DuPont Highway (Route 13) to Peachtree Run, where one shoulder lane has been blocked off to accommodate the ongoing work.
According to DelDOT’s traffic incident reporting system, the shoulder restriction is expected to remain in place until 6 PM this evening.
Motorists traveling through the area should exercise caution and expect potential delays as traffic may be impacted by the reduced lane availability during the construction period.
Motorists traveling through a section of Wilmington Road are experiencing intermittent lane restrictions today as construction crews continue their work in the area.
According to DelDOT, the lane closures are affecting the stretch of Wilmington Road that runs between Baldt Avenue and West 6th Street. The construction-related restrictions are expected to remain in place until 5 PM this afternoon.
Drivers are advised to plan for potential delays and consider alternate routes if possible while the work is being completed.
MOSCOW, April 2 – Egypt’s Foreign Minister Badr Abdelatty is scheduled to meet with Russian President Vladimir Putin on Thursday for high-level diplomatic discussions, according to Kremlin spokesperson Dmitry Peskov.
The meeting agenda will center on the ongoing conflict involving Iran and broader regional tensions throughout the Middle East, Peskov announced. The two officials will also address bilateral diplomatic relations between Russia and Egypt during their talks.
The scheduled diplomatic session comes amid continued instability across the Middle East region, highlighting Russia’s ongoing involvement in regional affairs.
Delaware Department of Transportation officials have implemented a temporary speed reduction on Interstate 495, bringing the limit down to 55 miles per hour as a response to current weather conditions affecting the roadway.
The speed restriction has been put in place as a safety measure to help motorists travel more safely during the challenging weather situation. DelDOT regularly adjusts speed limits on major highways when conditions warrant additional caution from drivers.
Drivers using I-495 are advised to observe the posted reduced speed limit and exercise extra care while traveling. The department monitors weather conditions continuously and will restore normal speed limits when conditions improve.
Three prominent dairy industry organizations have praised federal trade officials for highlighting international obstacles that block American dairy products from reaching foreign markets in the newly released 2026 National Trade Estimate report.
The National Milk Producers Federation, U.S. Dairy Export Council, and Consortium for Common Food Names expressed appreciation for the U.S. Trade Representative’s focus on addressing these barriers through diplomatic negotiations.
“Nearly one in every six pounds of milk produced in America is shipped to a customer overseas,” stated Gregg Doud, president and CEO of NMPF. “When foreign markets are closed off by bogus restrictions, the pain is felt directly on farms across this country. The administration’s work through reciprocal trade negotiations to knock down these barriers is exactly the kind of advocacy American dairy farmers need, and we are grateful to see it reflected in this report.”
Krysta Harden, who leads USDEC as president and CEO, emphasized the importance of removing unnecessary international requirements that block dairy exports.
“The inclusion of dairy trade barriers in this report and the administration’s concrete action to address them through reciprocal trade negotiations sends a clear signal that the United States is serious about opening markets for American dairy exporters,” Harden explained. “Every unnecessary certification requirement dismantled, every unjustified facility registration eliminated, and every market access commitment secured through these agreements is a win for U.S. dairy. We thank the administration for confronting the barriers directly and we look forward to building on that progress.”
The Consortium for Common Food Names specifically called attention to European Union policies that restrict the use of traditional food names, which the organization views as unfair trade practices.
“The EU’s common name confiscation campaign is one of the most cynical trade tactics in the world today, and we are grateful that this administration has made confronting it a priority,” said Jaime Castaneda, executive director of CCFN. “By documenting the EU’s geographical indications agenda prominently in the NTE Report and pushing back against it in reciprocal trade negotiations, USTR is standing up for American producers of cheeses, wines, meats, and beers. We strongly encourage the administration to keep up the great work.”
Ukrainian drone strikes targeting Russian oil infrastructure are forcing the country toward inevitable production cuts, according to three industry insiders who spoke Thursday on condition of anonymity.
The coordinated attacks have damaged Russia’s export capabilities by approximately 1 million barrels daily, representing about 20% of the nation’s total capacity, the sources revealed. This disruption comes as global oil markets already face strain from ongoing Middle East conflicts.
Over the past month, Ukraine has escalated its assault on Russia’s oil export facilities, launching some of the most intensive drone operations of the four-year conflict. The strikes have particularly focused on the Baltic Sea ports of Ust-Luga and Primorsk as part of Ukraine’s strategy to weaken Russia’s economic foundation.
The damaged infrastructure represents a significant portion of Russia’s export system, which peaked at 40% disruption in March before improving to the current 20% level. Despite this improvement, the sources indicate the damage remains severe enough to impact production from the world’s third-largest oil producer, trailing only the United States and Saudi Arabia.
Russia’s critical Ust-Luga Baltic port halted oil shipments one week ago following extensive drone bombardment and subsequent fires. The combination of export facility damage and domestic refinery attacks has created severe congestion throughout Russia’s pipeline network, with storage facilities rapidly approaching capacity limits.
This backup is compelling some oil fields to consider reducing output to prevent system overflow, industry sources explained.
While Russia has benefited from rising oil prices since late February conflicts began involving U.S.-Israeli actions against Iran, any production cuts would still inflict economic damage given that energy sales comprise 25% of the state’s budget revenue.
Russia’s export challenges existed even before the recent Baltic port attacks. The Druzhba pipeline, which delivers oil to Hungary and Slovakia, has remained suspended since January, further constraining export options.
State-controlled Transneft operates more than 80% of Russia’s oil pipeline infrastructure. Neither Transneft nor Russia’s energy ministry responded to requests for comment.
According to the sources, Transneft has informed exporters that Ust-Luga cannot accommodate oil loading according to original schedules due to recent damage. The company also indicated it cannot accept full oil volumes from producers that were designated for Ust-Luga exports.
The Organization of the Petroleum Exporting Countries reported Russian oil production at 9.184 million barrels daily in February. The sources could not specify potential cut amounts.
Loading schedules from Ust-Luga for early April are not expected to be fulfilled, though allocations for the month’s second half remain tentatively scheduled pending further developments.
Despite Western sanctions and Ukrainian refinery attacks, Russian oil output declined only 0.8% to 10.28 million barrels per day last year, maintaining roughly 10% of global production according to Russian statistics.
The Ust-Luga bottleneck affects not only Russian exports but also Kazakhstan, which ships between 200,000 and 400,000 metric tons of KEBCO oil through the facility monthly.
Seasonal refinery maintenance compounds the surplus oil problem within Transneft’s system, sources noted. As refineries process reduced volumes during maintenance periods, excess crude accumulates more rapidly.
While Russia typically increases crude exports during March and April maintenance seasons, this year’s refinery shutdowns may instead force additional oil into storage facilities.
Official storage capacity figures remain unavailable, though one source estimated current reserves could last weeks rather than months.
ATHENS – Violent weather conditions across Greece have claimed one life and caused extensive flooding damage to residential areas, with emergency responders working around the clock to address the destruction left in the storm’s wake.
Fire department officials confirmed Thursday that rescue teams recovered the body of a victim in Nea Makri, a coastal resort community located approximately 21.75 miles northeast of Athens. According to local news reports, the individual was swept away by rushing floodwaters and became pinned beneath a vehicle while trying to navigate a waterlogged roadway.
Emergency services reported fielding hundreds of distress calls as the weather system known as Erminio pounded Athens and multiple Aegean Sea islands on Wednesday. Rescue teams worked to extract residents from rising waters and clear roadways blocked by toppled trees throughout the affected regions.
Recovery efforts continued into Thursday morning as work crews focused on debris removal, water extraction from inundated structures, and infrastructure repairs in areas east of the Greek capital. Transportation officials also suspended ferry operations from Piraeus harbor near Athens to various Greek islands as a safety precaution.
The Mediterranean island of Crete experienced unusual atmospheric conditions Wednesday when powerful winds reaching force 9 intensity transported sand particles from North Africa, creating an otherworldly orange sky and causing flight disruptions.
Located at the southern edge of Europe, Greece has experienced increasingly severe flooding and wildfire events in recent years, which climate experts link to accelerating global temperature increases.
Drivers traveling north on Route 1 should expect delays this afternoon as construction crews have shut down the right shoulder in the Cedar Neck area.
The Delaware Department of Transportation reports the shoulder closure affects the northbound lanes between Cedar Neck Road/Wilkins Road and Cedar Beach Road. Work is expected to wrap up by 5 PM today.
Motorists are advised to use caution when traveling through the construction zone and allow extra time for their commute.
LONDON (AP) — President Donald Trump and Defense Secretary Pete Hegseth have launched sharp attacks on Britain’s naval strength, delivering criticism that has resonated painfully in a nation known for its storied maritime legacy, though experts say their comments contain elements of truth.
Britain has become a primary target of Trump’s criticism following the Iran conflict that began February 28, after British Prime Minister Keir Starmer initially denied U.S. forces access to British military installations.
While that stance has been partially modified to allow American use of British facilities, including the Diego Garcia base in the Indian Ocean, for what officials term defensive operations, Trump remains convinced he was betrayed. The president has consistently attacked Starmer and dismissed the Royal Navy’s aircraft carriers as mere playthings.
“You don’t even have a navy,” Trump stated to Britain’s Daily Telegraph in remarks released Wednesday. “You’re too old and had aircraft carriers that didn’t work.”
Hegseth added his own mocking commentary, suggesting sarcastically that the “big, bad Royal Navy” should step up to help secure the Strait of Hormuz for merchant vessels.
While the Royal Navy no longer commands the seas as it did during Britain’s imperial peak, it remains more capable than Trump and Hegseth suggest, with strength comparable to France’s naval forces.
“There’s validity to the criticism, as the Royal Navy has shrunk to its smallest size in centuries,” explained Professor Kevin Rowlands, who edits the Royal United Services Institute Journal. “However, the navy would point out it’s experiencing its first expansion since World War II, with more vessels planned for construction than we’ve seen in decades.”
Britain once assembled an impressive armada of 127 vessels, including two aircraft carriers, for the journey to the South Atlantic following Argentina’s seizure of the Falkland Islands. That 1982 operation, which received tepid support from then-President Ronald Reagan, represented the last demonstration of Britain’s naval supremacy.
Today’s Royal Navy could never mount such an operation. Since World War II, Britain’s battle-ready fleet has shrunk dramatically, driven by evolving military technology, strategic shifts, and the dissolution of the British Empire.
Analysis of Ministry of Defense and House of Commons Library data by The Associated Press shows combat vessels in the Royal Navy fleet, encompassing aircraft carriers, destroyers and frigates, have dropped by two-thirds from 466 ships in 1975 to just 66 in 2025.
While Britain operates two aircraft carriers currently, the nation went seven years in the 2010s without any. Destroyer numbers have been cut in half to six vessels, while the frigate fleet has plummeted from 60 ships to merely 11.
The Royal Navy drew criticism for the lengthy deployment time of HMS Dragon destroyer to the Middle East after the Iran war erupted. Despite round-the-clock efforts by naval personnel to prepare the ship for an unexpected mission change, many viewed the delay as evidence of how severely Britain’s military capabilities have been reduced since the Berlin Wall fell in 1989.
Throughout much of the Cold War era, Britain allocated between 4% and 8% of its national income to military spending. Following the Cold War’s conclusion, this percentage steadily declined to just 1.9% of GDP by 2018, providing ammunition for Trump’s criticisms.
Similar to other nations, Britain, particularly under Labour Prime Ministers Tony Blair and Gordon Brown, attempted to capitalize on the “peace dividend” after the Soviet Union’s collapse by redirecting defense funds to other areas like healthcare and education.
Budget cuts implemented by Conservative-led administrations following the 2008-9 financial crisis prevented any increase in defense spending, despite clear evidence of Russia’s growing aggression, particularly after Moscow’s seizure of Crimea and portions of eastern Ukraine.
After Russia’s comprehensive invasion of Ukraine in 2022, combined with ongoing Middle East conflicts, there’s growing bipartisan recognition that military cuts have been excessive.
The Conservative government began reversing military spending reductions following the Ukraine invasion. Since Labour regained power in 2024, Starmer has worked to increase British defense expenditures, partially by reducing the country’s historically significant foreign aid budget.
Starmer has committed to increasing U.K. defense spending to 2.5% of gross domestic product by 2027, with an updated target of 3.5% of GDP by 2035, fulfilling a NATO agreement championed by Trump. This translates to tens of billions of additional pounds in military equipment and capabilities.
Government officials face pressure to accelerate this timeline. However, with public finances already strained by the Iran war’s economic impact, finding additional funding sources remains unclear.
The criticism will likely continue despite being unfair and inaccurate, according to RUSI’s Rowlands, a former Royal Navy captain.
“We are dealing with an administration that doesn’t do nuance,” he observed.
Motorists traveling on Foulk Road are experiencing delays today as construction crews have shut down the right lane of northbound traffic.
The lane closure affects the stretch of Foulk Road between Naamans Road and Grubb Road, creating potential bottlenecks for commuters and local traffic.
According to DelDOT officials, the construction-related lane restriction is expected to be lifted by 3:30 PM this afternoon. Drivers are advised to allow extra travel time and use caution when navigating through the work zone.
Traffic is being directed around the construction area, but delays are anticipated during peak travel hours.
Pakistani officials confirmed Thursday that diplomatic representatives are engaged in peace negotiations with Afghanistan’s Taliban leadership in China, where Beijing is working to facilitate a lasting ceasefire following weeks of deadly border conflicts that have claimed hundreds of lives and severely impacted regional commerce and cross-border movement.
The acknowledgment of these renewed diplomatic efforts came one day after sources from both nations informed The Associated Press that delegations had traveled to Urumqi in northern China for initial discussions.
The specific identities of those representing Pakistan and Afghanistan in these latest Chinese-hosted negotiations remain undisclosed.
During a news conference in Islamabad, Pakistan’s Foreign Ministry spokesperson Tahir Andrabi confirmed the ongoing nature of the discussions. “Yes, Pakistan has sent a delegation to Urumqi, in line with its consistent position and longstanding practice of supporting a credible process that can help find a durable solution to cross-border terrorism from Afghanistan,” he stated.
Andrabi emphasized that the responsibility for meaningful progress rests primarily with Kabul.
“The burden of a real process lies with Afghanistan, which must demonstrate visible and verifiable action against terrorist groups using Afghan soil against Pakistan,” he declared.
The spokesperson stressed Pakistan’s commitment to diplomatic solutions while outlining specific demands. “We remain engaged with the Chinese leadership on this issue and other relevant international partners,” Andrabi noted, while insisting that Pakistan requires written guarantees from Kabul preventing the use of Afghan territory for attacks against Pakistan.
Afghan officials have not yet responded to requests for comment.
While China has not formally acknowledged hosting the talks, the Chinese Foreign Ministry stated Thursday that President Xi Jinping’s administration has been “actively mediating and facilitating the resolution of conflicts between Afghanistan and Pakistan.” Foreign Ministry spokesperson Mao Ning emphasized that China has “always supported both sides in resolving their differences through dialogue and negotiation.”
Andrabi indicated that Pakistan’s military operations targeting the Pakistani Taliban and other militant organizations along the Afghan border will persist despite the diplomatic discussions.
On Wednesday, Farid Dehqan, a police spokesperson for Afghanistan’s eastern Kunar province, reported that Pakistani forces had launched mortar attacks into Afghan territory late Wednesday, resulting in two civilian deaths and six injuries, including four children. He noted the bombardment continued for over two hours.
Andrabi rejected these allegations, asserting that Pakistan conducts anti-militant operations with careful consideration to prevent civilian casualties.
Pakistan frequently alleges that Afghanistan provides sanctuary to militants conducting attacks within Pakistani territory, particularly the Pakistani Taliban, known as Tehrik-e-Taliban Pakistan or TTP. This organization operates separately from but maintains ties with the Afghan Taliban, which assumed control of Afghanistan in 2021 after the turbulent departure of U.S.-led forces. Kabul consistently denies these allegations.
The current violence represents the most severe fighting since February, when Afghanistan’s Taliban government reported Pakistani strikes in Kabul and other locations, primarily causing civilian casualties. Pakistan maintained it targeted TTP strongholds.
Pakistani officials have declared the country is in “open war” with Afghanistan.
Tensions escalated significantly last month when Afghanistan claimed a Pakistani airstrike on a drug treatment facility in Kabul killed over 400 people. This death toll remains unverified independently, and Pakistan disputes the claim. Pakistani officials denied targeting civilians, stating they struck an ammunition storage facility in Kabul.
These current Chinese-mediated discussions follow previous negotiation rounds in Qatar and Turkey, where both parties reached ceasefire agreements that remained largely effective until Pakistan conducted strikes in Kabul and other Afghan locations in late February, sparking border conflicts that have recently diminished.
Pakistan and the Afghan Taliban maintain a history of strained relations, but the current violence has concerned the international community, particularly given the regional presence of various militant groups including the outlawed TTP, al-Qaida, and the Islamic State group, which continue efforts to reorganize.
WASHINGTON — A crucial federal agency plans to vote Thursday on President Donald Trump’s proposed White House ballroom addition, just days following a federal judge’s decision to stop construction work on what would represent the most significant structural modification to the historic building in over seven decades.
The National Capital Planning Commission, which oversees construction approvals for federal properties in the Washington area, will proceed with Thursday’s vote since U.S. District Judge Richard Leon’s Tuesday decision impacts actual construction work rather than the planning approval process, according to commission spokesperson Stephen Staudigl.
However, even with anticipated agency approval, the judge’s decision and ongoing legal battle surrounding the ballroom may delay progress on a signature project Trump hopes to finish before his term concludes in early 2029. The ballroom represents one of several modifications the Republican president has planned for the nation’s capital to establish his permanent mark during his presidency.
Thursday’s vote was originally scheduled for March but got delayed due to the overwhelming number of people who registered to speak at the commission’s monthly session. Public comments were largely critical of the ballroom proposal.
Prior to Thursday’s vote, commissioners will also review design modifications to the 90,000-square-foot ballroom addition that Trump revealed during his Air Force One flight back to Washington from his Florida residence on Sunday.
The revised plans eliminate a massive staircase from the building’s south side and include an open porch on the west side. Design professionals and project opponents had criticized the original staircase as oversized and impractical since it provided no actual ballroom entrance at its peak.
While Trump offered no explanation for these modifications, a White House official indicated the president had reviewed feedback from the National Capital Planning Commission and the U.S. Commission of Fine Arts, which gave project approval earlier this year, along with public input.
The official, speaking anonymously due to lack of authorization to discuss ballroom design publicly, mentioned that additional exterior “refinements” had been implemented and that lead architect Shalom Baranes would present these changes Thursday.
The ballroom’s current estimated cost of $400 million reflects significant expansion in both scale and budget since Trump initially unveiled the project last summer, explaining the need for proper guest hosting space beyond lawn tents. Trump demolished the East Wing in October with minimal advance notice, and site preparation plus underground construction have continued since. Officials indicated above-ground building work wouldn’t begin until April at the earliest.
The 12-member National Capital Planning Commission operates under chairman Will Scharf, a senior White House aide who has publicly supported the ballroom addition. The president selects three commission members, with Trump appointing two additional White House officials alongside Scharf.
Trump moved forward with the project before obtaining input from either the National Capital Planning Commission or the Commission of Fine Arts, which he restructured with allies and supporters.
The National Trust for Historic Preservation, a private nonprofit, filed suit after Trump demolished the East Wing last fall for the ballroom addition — a facility nearly double the mansion’s size. Trump claims private donations from wealthy individuals and corporations, including himself, will fund the project, though taxpayer money covers underground bunkers and White House security enhancements.
The trust requested temporary construction suspension until Trump presented the project to both commissions and Congress for approval. Judge Leon granted this request but specified his order would take effect in two weeks and permit security-related construction to continue.
That security work proceeded Wednesday as new Associated Press photographs showed the former East Wing site active with construction equipment and cranes reaching skyward.
Judge Leon, nominated by Republican President George W. Bush, stated in his ruling: “The President of the United States is the steward of the White House for future generations of First Families. He is not, however, the owner!” He determined the National Trust for Historic Preservation would likely prevail because “no statute comes close to giving the President the authority he claims to have.”
Trump challenged the requirement for Congressional approval of his project.
“We built many things at the White House over the years. They don’t get congressional approval,” he told reporters in the Oval Office following the ruling.
Congressional representatives from House and Senate committees overseeing the project did not respond to requests for comment. Congress is currently in spring recess.
COLUMBUS, Ohio — Through harsh weather conditions, small but persistent demonstrations have taken place at Ohio State University’s main campus in recent months, all focused on one objective: eliminating billionaire retail executive Les Wexner’s name from campus structures.
The concern — shared by union nurses at OSU’s Wexner Medical Center, former student-athletes at the Les Wexner Football Complex, and student leaders who regularly pass the Wexner Center for the Arts — stems from Wexner’s documented connection to deceased sex trafficker Jeffrey Epstein.
Comparable demands are emerging regarding a Wexner-named facility at Harvard University and other buildings nationwide honoring various Epstein associates, such as Steve Tisch, Casey Wasserman, Glenn Dubin and Howard Lutnick.
This represents part of a broader movement throughout higher education targeting individuals linked to Epstein, who built an extensive network encompassing influential figures in arts, business and academia. Universities are examining both major donors and several professors whose correspondence with Epstein emerged in recent document releases, with some faculty members stepping down.
Wexner faces no criminal charges related to Epstein, the former financial advisor who he claims “duped” him.
However, a coalition of former Ohio State student-athletes who survived an extensive sexual abuse scandal at the institution contends that the retired L Brands founder’s philanthropy to his former university is now compromised by evidence that Epstein influenced numerous family financial decisions, including those involving the football complex’s naming.
“Ohio State University cannot credibly separate itself from these facts, nor can it justify continuing to honor Les Wexner with an athletic facility,” their naming removal request read. It went on, “To do so is to ignore the voices of survivors, former athletes, and the broader community who expect accountability, transparency, and moral leadership.”
At Harvard, students and faculty at the renowned Kennedy School have focused on the Leslie H. Wexner Building and the Wexner-Sunshine Lobby. The renaming petition filed in March references Wexner’s “strong ties to Epstein” and contends Epstein benefited from Wexner, “which enabled Epstein to use his wealth and power to traffic and abuse children and women.”
Certain Harvard students and graduates also seek removal of the Farkas name from Farkas Hall, which houses the Hasty Pudding Theatricals Man and Woman of the Year. The facility was renamed in 2011 following a substantial donation from Andrew Farkas, graduate chairman of the Hasty Pudding Institute, honoring his father.
Farkas maintained an extended personal and business connection with Epstein, including joint ownership of a Caribbean marina. He also repeatedly solicited Epstein for Hasty Pudding donations. From approximately 2013 to 2019, Epstein consistently contributed $50,000 yearly to achieve premium donor status, totaling over $300,000.
“As I’ve said repeatedly, I deeply regret ever having met this individual, but at no time have I conducted myself inappropriately,” Farkas said in a statement.
Opposition to buildings honoring Epstein associates is expanding across American campuses.
This past weekend, Haverford College students in Pennsylvania voted to encourage President Wendy Raymond to proceed with renaming the Allison & Howard Lutnick Library. The facility honors the U.S. commerce secretary facing resignation demands over his Epstein relationship.
Raymond indicated in a February public letter she wasn’t prepared for that step. Following Sunday’s vote, Raymond told The Associated Press she respected the process and would address the resolution within the standard 30-day timeframe.
At Ohio State, appeals against the Wexner name are proceeding through a five-stage review process, largely conducted privately without fixed deadlines. University President Ravi Bellamkonda stated, “I think the process is thorough, fair, and open, and I will promise you that we will give each request a full consideration.”
A Harvard spokesperson acknowledged receiving the Wexner-related removal request but declined further comment. This would mark the university’s second name change, following the John Winthrop House, which carried the name of a Harvard professor and similarly-named ancestor, changed to Winthrop House in July due to slavery connections.
Tufts University, featuring the Tisch Library and Steve Tisch Sports and Fitness Center, reports ongoing review of the issue. The library has clarified it wasn’t named for Steve, but rather his father Preston Tisch, a distinguished alumnus, in 1992. The sports center removed Steve Tisch’s handprints during spring break, which the university described as part of scheduled renovations.
UCLA’s Wasserman Football Center and Stony Brook University’s Dubin Family Athletic Performance Center also bear names of Epstein associates.
The present outcry resembles controversy surrounding the wealthy Sackler family’s role in the fatal opioid crisis, as both situations involve institutions receiving substantial family donations.
Several major institutions — including New York and Paris museums, Tufts and Oxford University in England — removed the Sackler name, though Harvard declined. In a 15-page report explaining its 2024 decision, the university described Arthur M. Sackler’s legacy, whose company Purdue Pharma produced the powerful opioid OxyContin, as “complex, ambiguous and debatable.”
Epstein associates with campus building names typically represent generous donors and alumni.
Wexner, his wife Abigail and their foundations have contributed over $200 million to Ohio State through the years. This included $100 million benefiting the Wexner Medical Center; at least $15 million for the Wexner Center, a contemporary art museum honoring Wexner’s father, Harry; and $5 million shared with an Epstein-managed foundation for football complex construction. The Wexners contributed another $42 million to Harvard Kennedy School.
Anne Bergeron, a museum consultant and author specializing in building naming rights ethics in the cultural sector, noted universities take gift acceptance standards seriously while recognizing donor conduct may be evaluated differently over time.
“It’s no surprise that a lot of these situations arise within the university sphere, because with students — especially the younger generation — there is virtually no tolerance for being associated with anyone who doesn’t represent the best of humanity,” she said
She described this as “a moment of reckoning” for universities and emphasized they must avoid appearing to exchange naming rights for donations.
Michael Oser, a Columbus-area resident, expressed frustration among some defending the Wexner name retention in a recent Columbus Dispatch letter-to-the-editor.
“OSU took the money. Built the buildings. Cut the ribbons. Smiled for the photos There were no formal ‘morality clauses’ attached back then, just gratitude and applause,” he wrote. “Now, years later, some want to play moral referee while the university keeps the cash and the concrete. That’s not accountability. That’s convenience.”
Lauren Barnes, a Kennedy School master’s student leading the Wexner name removal effort, explained she struggles daily as a sexual abuse survivor and mother of a 14-year-old to enter a building bearing a name connected to Epstein.
“Thinking about all the children in this world that deserve safety and also all the survivors on campus that have to walk under the Wexner name, I know what that’s like to have my heart race and my hands get sweaty,” she said. “I hate that anyone else has to have that feeling walking under that name and just dealing with it kind of everywhere on campus.”
Ohio State protester Audrey Brill told a local ABC affiliate it now “feels gross” considering women giving birth at OSU’s Wexner Medical Center “given everything that we’re learning about where this money went” — and believes removing Wexner’s name could provide relief.
Some demonstrators also want Dr. Mark Landon’s name removed from a visitor’s lounge in the hospital’s new $2 billion, 26-story tower. Landon, a prominent Ohio State gynecologist, received five-figure quarterly payments from Epstein between 2001 and 2005. Landon has stated the payments were for biotech investment consulting for Wexner, not medical care for Epstein or his victims.
DES MOINES, Iowa (AP) — American motorists are experiencing wild daily fluctuations in gasoline costs, leaving drivers frustrated and financially strained as fuel expenses reach their highest levels since 2022.
International conflicts involving Iran have driven up petroleum costs globally, pushing the national average price for gasoline beyond $4 per gallon this Tuesday, AAA data shows.
Fuel costs can shift overnight or vary significantly between neighboring stations, compelling American drivers to strategize when to refuel or search extensively for better deals.
Industry analysts explain that individual gas retailers typically don’t control these price variations, and most station owners aren’t profiting from the additional costs when prices climb. The volatility drivers see reflects a massive, unpredictable petroleum market that makes it challenging for stations to maintain consistent pricing.
Lonnie McQuirter, who oversees operations at 36 Lyn Refuel Station in south Minneapolis, reports his profit margins have become significantly narrower. Located approximately one mile from Interstate 35, his neighborhood store displayed $3.399 per gallon for regular gasoline Wednesday, roughly 18 cents below the metropolitan area’s average according to AAA.
“We price based on what we’re able to buy fuel at, and how well we can operate,” McQuirter explained. He avoided commenting on competitors’ strategies, noting, “They’ve got different economics.”
McQuirter attributes his higher charges compared to last month primarily to wholesale fuel costs, which fluctuate several times daily. He’s simultaneously dealing with increased credit card processing fees and rising pump maintenance expenses.
During challenging periods like this, when consumers are “screaming for help,” McQuirter said independent operators like himself respond more from compassion than profit motives.
“We’re in our stores every day looking our customers in the eye,” he stated. “It really takes a toll when people are having to cut back on certain things in order to afford to live.”
Much of the pricing remains beyond gas retailers’ influence. Approximately half of pump prices cover crude oil costs, gasoline’s primary component, according to the U.S. Energy Information Administration. About 20% compensates refineries that convert crude into gasoline.
These expenses have increased as crude oil values surged responding to warfare and transportation disruptions in the Strait of Hormuz. Gas retailers adjust pump pricing to reflect higher costs they’ve just paid for incoming gasoline shipments.
Government levies — federal, state and municipal — comprise nearly 20% of pricing, while roughly 10% remains for retailers, who must still cover transportation, labor and additional operating costs.
Retailers’ markup has averaged approximately 38 cents per gallon during the past five years, according to convenience store industry group NACS, citing OPIS research data. Following expenses, stations might retain around 15 cents per gallon, explained Jeff Lenard, a NACS vice president.
“Some make more, some make less,” Lenard observed.
Patrick De Haan, petroleum analysis director at GasBuddy, drew comparisons to homeowners determining sale prices.
“If I was selling a house today, I’d be beholden to whatever the housing market is,” De Haan noted. “That’s the same for gas station owners. Whatever the price of oil and gasoline are, they are a price taker, not maker.”
Though the national average recently exceeded $4 per gallon, costs vary dramatically across states, cities and individual stations.
Tax differences alone create substantial gaps. California’s gasoline taxes and fees totaled approximately 71 cents per gallon last year, while Alaska charged roughly 9 cents.
Refinery proximity, retailer type, location volume and nearby fuel alternatives also influence pricing.
Stations near competitors might price gasoline competitively on prominent outdoor displays to draw drivers, hoping they’ll enter and purchase higher-profit merchandise, said Neal Walters, an energy-focused partner at global consulting firm Kearney.
“It’s one of the only retail locations where you don’t have to go into the store to find out what you’re paying,” Walters noted.
While American retailers distribute hundreds of millions of gasoline gallons daily nationwide, they typically don’t experience substantial profits when prices increase.
“The margins shrink when prices go up because it’s harder for them to pass along the increases as quickly as they themselves get them,” De Haan explained.
When petroleum costs begin declining, retailers might recoup some losses, especially during supply cost uncertainty. Prices can surge rapidly but tend to decrease gradually like a drifting feather, said Garrett Golding, assistant vice president for energy programs at the Federal Reserve Bank of Dallas.
Elevated gas prices can also damage sales inside stations, when customers squeezed at pumps reduce spending on other items.
“So it’s not always the case that higher prices mean the service station owners are actually doing better,” Golding explained.
Most petroleum industry profits occur upstream, he said, through companies extracting and refining crude oil. However, Golding notes they aren’t necessarily celebrating; eventually, significant price spikes could begin reducing demand.
“It may be a good stretch of days or weeks for them,” he said, “but they’re also cautious of what it could portend.”
WASHINGTON — During his first major televised address since military operations began in Iran, President Donald Trump asked the American people for patience Wednesday evening, promising that all military goals would be achieved “shortly” as public support for the conflict continues to decline.
The president adopted a more measured tone during his roughly 20-minute speech, stepping back from the aggressive rhetoric that has characterized his recent statements while global markets remain volatile and Iran continues to strike at regional infrastructure and American military installations despite suffering significant damage.
However, Trump’s commitment to “finish the job” failed to calm nervous investors, as oil prices continued climbing and Asian markets dropped following his declaration that American forces would maintain their intense campaign against Iran.
The president provided no specific details regarding ongoing diplomatic efforts with Iran that might lead to the swift resolution he claims could occur within weeks. Notably absent from his remarks were the expected criticisms of NATO partners for their reluctance to assist in reopening the strategically vital Strait of Hormuz shipping lane, which White House officials had indicated would feature prominently in his address.
Trump indicated that intensive military operations would persist for another two to three weeks, though he avoided specifying an overall timeline for ending the war. Instead, he made an appeal for American forbearance.
“We are in this military operation, so powerful, so brilliant, against one of the most powerful countries for 32 days, and the country has been eviscerated and essentially is really no longer a threat,” Trump stated. “This is a true investment in your children and your grandchildren’s future. The whole world is watching, and they can’t believe the power, strength and brilliance.”
The president faces the challenge of negotiating with an adversary that remains defiant while managing growing American war weariness.
A majority of Americans view the recent military campaign against Iran as excessive, with many expressing concern about rising fuel costs, according to an AP-NORC survey conducted in mid-March, approximately two weeks after hostilities began. Despite Trump’s deployment of additional naval vessels and personnel to the Middle East, roughly 59% of Americans consider the military response disproportionate.
Additionally, 45% express significant worry about affording gasoline in the coming months, a substantial increase from the 30% recorded in an AP-NORC poll taken shortly after Trump’s reelection victory, when he pledged economic improvements and reduced living costs.
Trump acknowledged America’s historical endurance during wartime periods.
“American involvement in World War I,” he noted, “lasted one year, seven months and five days. World War II lasted for three years, eight months and 25 days. The Korean War lasted for three years, one month and two days. The Vietnam War lasted for 19 years, five months and 29 days. Iraq went on for eight years, eight months and 28 days.”
Prior to his televised remarks, Trump appeared to acknowledge domestic pressure to conclude the military campaign during a private White House Easter luncheon, suggesting the U.S. could “very easily” seize Iranian oil reserves. He expressed regret that Americans seemed to lack patience for such an undertaking.
“They want to see it end,” he observed, adding, “People in the country sort of say, ‘Just win. You’re winning so big. Just win. Come home.’ And I’m OK with that, too.”
Senator Chris Murphy of Connecticut criticized Trump’s address as being “grounded in a reality that only exists in Donald Trump’s mind.”
Democratic lawmakers expressed frustration that the president offered no concrete strategy for reopening the Strait of Hormuz, the crucial shipping corridor that Iran has successfully blocked despite Trump’s claims of victory.
Addressing allies concerned about economic disruption from rising energy costs, Trump recommended they “buy oil from the United States of America” and “build up some delayed courage” to assist in securing the waterway. The president made no effort to address European criticism that he initiated the conflict without international consultation but now expects global assistance in managing its consequences.
“We are losing this war,” Murphy continued. “We cannot destroy all their missiles or drones, nor their nuclear program. Iran projects more power in the region than they did before the war, especially if they now permanently control the Strait of Hormuz. We are spending billions we don’t have and losing American lives in a war that is destabilizing the world and making us look feckless.”
Trump expressed cautious hope that Iran’s current leadership, following over a month of American and Israeli attacks that eliminated much of the previous Islamic Republic hierarchy, appears “less radical and much more reasonable.” While he avoided explicitly referencing his Monday ultimatum for Iran to reopen the strait or face strikes on energy facilities, he made clear his willingness to target Iran’s economic foundation.
“If there is no deal, we are going to hit each and every one of their electric generating plants very hard and probably simultaneously,” Trump declared. “We have not hit their oil, even though that’s the easiest target of all, because it would not give them even a small chance of survival or rebuilding. But we could hit it, and it would be gone.”
Significantly, Trump gave no indication of preparing for a ground invasion involving American forces.
He appeared to dismiss the possibility of deploying troops to secure Iran’s approximately 1,000 pounds of highly enriched uranium, explaining it “would take months” for Iran to access the material buried beneath debris from previous American bombing of nuclear facilities.
While Trump has cited various justifications for the military campaign, he has consistently maintained that a primary goal of joining Israel in the operation is ensuring Iran “never have a nuclear weapon.”
Throughout the conflict, however, he has shown increasing caution regarding how far he will go to fulfill his promise of completely dismantling Iran’s weapons program, including securing or destroying the near-weapons-grade nuclear material in Iran’s possession.
“We have it under intense satellite surveillance and control,” Trump said during his prime-time address. “If we see them make a move, even a move for it, we’ll hit them with missiles very hard again. We have all the cards. They have none.”
Financial markets worldwide took a downturn Thursday following President Trump’s prime-time television address, which dashed investor hopes for a swift resolution to the Iran conflict.
During his speech, Trump indicated the military operations would likely continue for another two to three weeks, providing limited new information about the situation. The president stated that U.S. forces had nearly accomplished their objectives in Iran but warned he would “hit them” in the coming weeks and “bring them back to the Stone Ages.”
The market response was swift and negative. Brent crude oil jumped back to nearly $109 per barrel, while West Texas Intermediate climbed just above $107. This represented a significant reversal from earlier gains.
Stock markets across Asia closed lower, with Japan’s Nikkei falling 2.4% and South Korea’s Kospi dropping 4.7%. European markets opened down approximately 1%, and U.S. stock futures pointed to losses before the opening bell.
Currency markets saw the dollar index climb back above the 100 level after two consecutive days of declines, as investors sought safe-haven assets. Gold retreated from the two-week peaks it reached Wednesday when there were brief signs of optimism. U.S. Treasury bonds also declined.
While Trump mentioned that “discussions are ongoing,” he provided few specifics regarding access through the strategically important Strait of Hormuz.
Investors are entering the extended Easter weekend with heightened anxiety about future developments. Adding to market concerns, the March U.S. employment report will be released on Good Friday, offering additional insight into any economic impact from recent events.
Despite the geopolitical tensions, early March economic indicators have shown more resilience than many analysts anticipated. The ISM manufacturing survey improved, consumer confidence rose unexpectedly, private sector job growth exceeded projections, and corporate earnings forecasts for the full year are actually rising.
The current economic picture shows significant input cost increases alongside robust business activity, which could keep central banks vigilant about monetary policy decisions.
In other business news, as NASA prepares for its first lunar mission in fifty years, Elon Musk’s SpaceX has submitted paperwork for an initial public offering that could potentially become the largest in history. This offering will test investor interest in high-profile risk assets amid current market uncertainty.
Additionally, Amazon is reportedly in discussions to acquire satellite telecommunications company Globalstar, according to the Financial Times. This move would advance Amazon’s efforts to develop its own low-earth-orbit satellite network to compete with SpaceX’s Starlink service.
Air travel to and from the United Arab Emirates continues to recover slowly from the initial impact of the Iran conflict, with Trump’s overnight comments suggesting the situation will persist for several more weeks.
Today’s key economic releases include weekly jobless claims and February trade balance data at 8:30 a.m. EDT, followed by remarks from Dallas Federal Reserve’s Lorie Logan at 10:15 a.m. EDT.
Wall Street investment bank Goldman Sachs announced Thursday that it has finalized its purchase of Innovator Capital Management, an active exchange-traded fund company, marking a significant expansion into the rapidly growing active ETF market.
Active ETFs represent one of the most rapidly expanding sectors in investment management, drawing investors seeking cost-effective options and adaptable investment approaches during periods when traditional passive index funds have underperformed.
The financial giant first revealed its intention to purchase Innovator Capital in December, acquiring a company that oversees 171 ETFs worth approximately $31 billion in assets through a transaction valued at roughly $2 billion.
“With this acquisition, we have taken a transformative step in our commitment to provide sophisticated investment solutions that are designed to deliver specific outcomes for investors through market cycles,” stated Goldman Sachs Chief Executive Officer David Solomon.
As part of the transaction, Innovator’s founding partners Bruce Bond and John Southard will assume roles as advisory directors at Goldman Sachs, according to the company’s announcement. Additionally, Chief Investment Officer Graham Day and Head of Distribution Trevor Terrell will become partners at the firm.
The acquisition will bring more than 70 Innovator staff members into Goldman Sachs, the company reported.
Goldman Sachs Asset Management now manages approximately 240 ETFs worldwide, bringing the firm’s total ETF assets under management to $90 billion, according to the announcement.
Pharmaceutical giant AstraZeneca announced Thursday that its three-drug cancer treatment has demonstrated remarkable success in delaying disease advancement among liver cancer patients during a major clinical study.
The company reported that patients receiving a combination of Imfinzi, Imjudo, and lenvatinib alongside standard liver cancer procedures experienced significantly longer periods without their cancer progressing compared to those who received only conventional treatment.
The study focused on patients with hepatocellular carcinoma (HCC), the most prevalent form of liver cancer that cannot be surgically removed. Researchers compared the new drug combination against transarterial chemoembolisation (TACE), a standard procedure where doctors inject chemotherapy directly into liver tumors and then cut off their blood supply.
According to the trial results, the experimental treatment achieved what researchers called “statistically significant and clinically meaningful improvement” in preventing disease progression. Early analysis also suggested patients lived longer overall when receiving the combination therapy.
The treatment protocol involved giving patients an initial dose of Imjudo, followed by regular Imfinzi injections and lenvatinib pills, administered before and during the TACE procedure.
Susan Galbraith, a senior executive at AstraZeneca, stated the findings demonstrate that beginning this treatment regimen earlier, combined with TACE and lenvatinib, could lead to even better patient outcomes.
Financial analysts are optimistic about the combination’s commercial potential. JP Morgan and Citi analysts both project the Imfinzi-Imjudo pairing could generate peak annual revenues of approximately $11.3 billion, exceeding current market predictions of $10.6 billion.
This positive news follows AstraZeneca’s announcement last week about another experimental drug showing promise for chronic lung disease patients, which boosted the company’s stock price by nearly 4 percent.
PARIS – French authorities have placed one adult and three minors in pre-trial custody following their arrests in connection with a thwarted bombing attempt targeting Bank of America’s Paris headquarters last month, officials announced.
According to anti-terrorism prosecutors, the explosive device discovered was the most potent ever found on French soil and “could have generated … a powerful fireball several metres in diameter and spread a fire,” prosecutors stated Wednesday evening.
The suspects – one adult and three teenagers ages 16 and 17 – face formal charges including creating, transporting and handling explosive materials, along with attempting to destroy property while operating as part of a terrorist organization, prosecutors said.
All four individuals have denied any terrorist motivations, according to the official statement. The adult suspect claimed he was approached through social media by someone claiming to be a middleman who then provided him with the explosive device.
The teenage suspects admitted they understood their target was not a residential structure, authorities noted. Legal representatives for the suspects have not yet issued public statements.
Under French law, formal investigation status does not indicate guilt but signals that judges believe sufficient evidence exists to continue the inquiry. Such investigations may continue for years before proceeding to trial or being dismissed.
French officials believe the pro-Iranian organization HAYI may have orchestrated the failed March 28 attack, though this connection has not been definitively proven, prosecutors revealed earlier this week.
HAYI had published a social media video on March 23 that specifically identified Bank of America’s Paris headquarters as a target.
Through surveillance video analysis, cellular phone records and police questioning, investigators determined the adult suspect had enlisted the three teenagers during the nights of March 26-27, compensating them between 500 and 1,000 euros ($580-$1,160) to position the device, ignite it and record the incident, the prosecutor’s office reported.
The three minors had clean criminal records while the adult had a prior drug-related conviction in 2025, according to authorities. A fifth individual was taken into custody and questioned by police but was subsequently released due to insufficient evidence.
PARIS, April 2 – Major financial institutions Goldman Sachs and Citigroup have authorized their Paris employees to work from home this Thursday after French authorities prevented a terrorist bombing targeting Bank of America’s Paris location last Saturday, according to a source with knowledge of the situation.
French law enforcement has detained four individuals suspected of orchestrating the attack plot, which authorities believe may have connections to Iran.
Neither the Paris police department nor the prosecutor’s office provided immediate responses when contacted for additional information.
Citigroup described their remote work policy as a safety precaution in a statement provided to Reuters via email. The bank’s Frankfurt location is also operating under similar remote work arrangements.
French counterterrorism officials announced Wednesday evening that the four detained suspects – three minors between ages 16 and 17, plus one adult – now face formal charges related to creating, moving, and possessing explosive materials, as well as attempting property destruction while operating within a terrorist organization.
According to the counterterrorism prosecutor’s office, the explosive device consisted of a five-liter gasoline container attached to a substantial pyrotechnic charge containing 650 grams of active explosive material. Officials described it as the most potent device of its type ever discovered in France, capable of creating “a powerful fireball several meters in diameter.”
Investigation findings reveal the adult suspect hired the three teenagers, compensating them between 500 and 1,000 euros ($580-$1,160) to position and record video of the device. All four suspects have rejected claims of terrorist motivations.
French intelligence agencies suspect connections to HAYI, a pro-Iranian organization that released a video on March 23 specifically targeting Bank of America’s Paris headquarters, although prosecutors note this connection remains under investigation and has not been definitively confirmed.
National Public Radio host Steve Inskeep conducted an interview with John Kirby, a former Rear Admiral who previously worked as a national security communications adviser, to discuss President Trump’s recent statements concerning military action involving Iran.
The conversation focused on analyzing the president’s public remarks about the ongoing conflict situation with Iran and its implications for U.S. foreign policy.
In a Wednesday evening national address, President Trump provided the American people with an update on the ongoing conflict in Iran, stating that military operations there are “nearing completion.”
During the televised speech, Trump laid out his administration’s goals for the Iranian military engagement while reviewing the progress that U.S. armed forces have achieved thus far in the operation.
States that have legalized sports gambling are growing concerned about new competition that could reduce their tax revenue streams. New Hampshire, which relies on sports betting proceeds to help finance government operations, is watching as alternative platforms begin attracting wagering dollars.
Traditional sportsbooks like DraftKings have provided states with steady income through revenue-sharing agreements since sports betting became legal in many jurisdictions. However, emerging prediction market companies including Kalshi and Polymarket are now capturing some of that betting activity.
The shift represents a potential challenge for state budgets that have come to depend on sports wagering taxes and fees. As basketball betting reaches peak season, officials are monitoring whether bettors will migrate to these newer platforms that operate outside traditional state-regulated frameworks.
The competition highlights the evolving landscape of legal gambling as technology creates new ways for people to place bets on various outcomes beyond traditional sports events.
A crucial federal advisory committee responsible for determining which preventive healthcare services Americans receive at no cost has been effectively shut down by Health Secretary Robert F. Kennedy Jr., causing significant delays in updating vital cancer and heart disease screening protocols, according to healthcare professionals.
The U.S. Preventive Services Task Force, consisting of 16 members, has not convened for more than 12 months. Officials have cancelled three scheduled meetings in succession and have failed to appoint replacements for five volunteers whose terms ended in December.
Created in 1984, this committee establishes which medical procedures and treatments—including routine cancer screenings and HIV prevention measures—must be covered without charge by health insurance providers. The panel also has authority to recommend against making certain tests or treatments routine.
Dr. Alex Krist, a family medicine doctor at Virginia Commonwealth University who previously led the preventive care committee, explained the consequences of the panel’s absence: “commercial insurances can choose or not choose to cover these new preventive services.”
The American Cancer Society emphasizes that detecting cancer early both saves lives and reduces costs, though initial expenses can be substantial. Recent research shows that lifetime mammography costs for a typical American woman average approximately $7,000.
The committee typically releases about 22 preliminary and final recommendations each year, but managed only seven in the previous year. No recommendations have been published this year.
Several important guideline updates remain stalled, including recommendations for prostate cancer screening, genetic testing for breast cancer-related mutations, and preventive medications for individuals at elevated breast cancer risk.
Dr. Julie Gralow, chief medical officer for the American Society of Clinical Oncology, stressed the importance of expert oversight: “We have to rely on a trusted group of experts who have really weighed the benefits and risks and are looking at overall population health and doing no harm. Patients do trust these as well.”
Medical organizations, despite occasional disagreements with the panel’s decisions, have appealed to Congress to “protect the integrity” of the task force. Nineteen senators wrote to Kennedy last month, requesting his support for the committee’s mission.
The decision to disable the task force reflects President Donald Trump’s broader initiative to restructure federal health oversight.
Joseph Antos, senior fellow emeritus at the American Enterprise Institute, a conservative research organization, noted: “The current administration would not only like to cut back on regulation, they would definitely like to cut back on required benefits under the Affordable Care Act.”
A 2025 Supreme Court decision regarding HIV prevention insurance coverage confirmed that the Health Secretary maintains control over the preventive care panel.
In 2023, the committee recommended preventive drug treatment for high-risk individuals to prevent HIV infection, but this guidance has not been expanded to include Gilead Sciences’ newer bi-annual injection, Yeztugo.
Consequently, patient expenses for Yeztugo vary by individual insurance plans, UnitedHealthcare, America’s largest health insurer, confirmed via email. The company noted that its commercial policies provide older HIV prevention drugs at no patient cost.
Cervical cancer screening recommendations remain in preliminary status. Following regulatory approval of the first home-based pap smear test last year, a separate federal agency intervened to mandate insurance coverage beginning in 2027.
Additional recommendations awaiting review include screening protocols for problematic alcohol consumption and depression, plus whether vitamin D supplementation prevents fractures and falls in elderly patients.
Heart disease specialists recently recommended that adults with high long-term cardiovascular risk begin cholesterol-reducing therapy at age 30 rather than the current standard of 40.
These guidelines could impact millions of Americans, but without federal task force endorsement, insurers have no obligation to cover expanded testing or treatment options, according to America’s Health Insurance Plans trade association and UnitedHealthcare.
Virginia Commonwealth’s Dr. Krist summarized the uncertainty: “Primary care is kind of struggling with what we should do. The task force is meant to be objective.”
Businesses hit hard by former President Trump’s overturned tariffs are finding new ways to access cash while waiting for government refunds that could take years to arrive.
Companies are now using their pending refund claims as collateral to secure loans, avoiding the need to sell those claims at significant losses to financial firms. This creative financing approach has emerged following the U.S. Supreme Court’s February decision that declared Trump’s “Liberation Day” tariffs unconstitutional.
The tariffs, announced exactly one year ago on April 2, created massive disruption across American businesses. More than 330,000 importing companies paid the taxes and are now collectively seeking approximately $166 billion in refunds from the federal government.
Financial institutions including commercial banks, hedge funds, and private credit companies are actively offering loans backed by these refund claims, according to industry experts.
“There’s a lot of money looking to be deployed,” explained Raniero D’Aversa, who leads the restructuring practice at law firm Orrick and advises clients on these transactions. “You’re paying interest, but you’re not giving away 50% of your claim. You still own the claim.”
The loan arrangements typically function as term loans where interest accumulates and gets paid from the eventual refund. This structure appeals to importers because they maintain ownership of their claims instead of selling at reduced prices.
Neil Seiden, who serves as managing director at Asset Enhancement Solutions and helps arrange corporate debt financing, said the investment funds he partners with require minimum loans of $10 million supported by tariff claims worth at least $20 million.
However, these deals carry substantial risks for both parties. Companies face steep interest charges, while lenders risk losing money if collateral values drop or borrowers cannot repay. Currently, businesses can sell a $500,000 claim outright for roughly 55 to 75 cents per dollar, according to Seiden.
“What happens if the market goes from fifty cents to twenty cents? Now my collateral value has diminished and my loan is at risk,” D’Aversa warned.
The timing of refund payments will determine whether borrowing makes financial sense compared to selling claims immediately. Using a hypothetical 15% interest rate, the break-even point for borrowing versus selling a claim at 80 cents per dollar occurs at just over two years, Seiden calculated.
Trade specialists predict refunds could require at least two years to process, citing the Trump administration’s resistance to payments along with potential appeals, eligibility reviews, and bureaucratic delays. The U.S. customs agency announced Tuesday it was developing a refund system, though some payments may face delays.
“Every company will make a different decision depending upon how their business is doing and when they think the refund will be received,” Seiden noted. He emphasized that lenders perform thorough reviews to ensure borrowers can handle repayment, and any interest not covered by refunds must come from company funds.
Seiden’s firm has completed $20 million in tariff claim purchases but has not yet finalized any loans.
Meanwhile, some investors prefer purchasing refund rights directly from importers. Brian Coppola, managing partner at Outpost Capital Partners, said he plans to invest billions in refund claims and has already bought several from major U.S. retail chains.
As this market expands, buyers are seeking additional protections. Tony Gulotta, a principal at tax consulting firm Ryan, said he has explored contingency insurance options with buyers to guard against seller bankruptcy or loss of cooperation during the refund process.
Large retail companies may present extra risks if they passed tariff costs to customers, potentially triggering class-action lawsuits, Gulotta explained.
“Their customers will want that money back,” Gulotta said. “If you’re buying from a retailer, you have to distinguish any liability they might have to consumers.”
WASHINGTON – In a historic Supreme Court appearance Wednesday, President Donald Trump witnessed what appeared to be strong judicial resistance to one of his most controversial immigration policies.
Trump became the first sitting president to observe oral arguments involving his own administration’s case, watching as most of the nine justices expressed doubt about his executive order eliminating birthright citizenship for certain newborns.
The policy in question would strip citizenship rights from hundreds of thousands of infants born annually on American soil if neither parent holds U.S. citizenship or permanent legal status.
Chief Justice John Roberts, who has led the conservative-majority court for over twenty years, appeared particularly unconvinced by the administration’s legal reasoning, calling their constitutional interpretation “quirky.”
“I do not think that Chief Justice Roberts wants to go down in history as presiding over a court that ended birthright citizenship,” observed Kevin Johnson, who specializes in immigration law at the University of California, Davis.
The constitutional battle centers on the 14th Amendment’s Citizenship Clause, which declares: “All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States.”
Lower courts previously blocked Trump’s directive, finding it violated this constitutional provision that has traditionally granted citizenship to nearly everyone born on U.S. territory, with limited exceptions for diplomatic families or enemy occupying forces.
During arguments, U.S. Solicitor General D. John Sauer defended the policy by citing concerns about “birth tourism,” where foreign nationals travel to America specifically to secure citizenship for their children.
“Eight billion people are one plane ride away from having a child who’s a U.S. citizen,” Sauer argued.
Roberts quickly countered: “Well, it’s a new world. It’s the same Constitution.”
However, not every justice appeared opposed to the administration’s position. Conservative Justice Samuel Alito showed interest in arguments that birthright citizenship should only apply to those with “lawful domicile” in America, defined as “lawful, permanent residence within a nation, with intent to remain.”
Trump signed this executive order on his first day returning to office in January 2025, making it a cornerstone of his comprehensive plan to limit both legal and unauthorized immigration.
The Supreme Court’s apparent reluctance contrasts sharply with previous decisions that have generally supported Trump’s immigration enforcement efforts, including ending migrant humanitarian protections and permitting aggressive deportation raids.
Columbia University law school’s immigrant rights clinic director Elora Mukherjee suggested this case differs fundamentally from other immigration disputes.
“Birthright citizenship is core to our identity as a nation,” Mukherjee explained. “It is unlike any of the other contexts… which are not central to how all Americans live their lives and are not central to how we as a nation for generations have viewed ourselves.”
Constitutional law professor Ilya Somin from George Mason University noted that while the court has often deferred to Trump on immigration matters, “the weight of argument and precedent is strongly on one side here, more so than in most of the other cases.”
This potential setback follows another recent Supreme Court defeat for Trump, when justices struck down his global tariff program in February by a 6-3 margin.
That ruling prompted Trump to criticize the court harshly, calling justices who opposed him unpatriotic and labeling two of his own appointees – Neil Gorsuch and Amy Coney Barrett – an “embarrassment to their families.”
Following Wednesday’s session, Trump continued his criticism: “The Supreme Court’s not been acting very well,” he said, suggesting certain justices he appointed want to demonstrate independence. “Stupid people,” he called them.
Johnson believes the court will likely respect both the clear language of the Citizenship Clause and the “long, unbroken history” of birthright citizenship, despite some justices exploring potential limitations.
“The questions of the justices touched on some possible cracks in the rule but it remains intact,” Johnson said.
Trump’s presence in the ornate courtroom is unlikely to influence the final decision, with a ruling expected by late June. As he observed the proceedings, the president could have noticed a marble sculpture above the judicial bench depicting “Majesty of the Law” – a figure holding a book symbolizing constitutional authority.
A Washington planning panel is scheduled to consider President Donald Trump’s controversial White House ballroom proposal this Thursday, despite a federal court ruling earlier this week that halted the project.
The National Capital Planning Commission will meet to discuss and vote on what’s being called the “East Wing Modernization Project,” according to the panel’s official agenda. The commission’s chairman is Will Scharf, who previously served as Trump’s personal attorney.
Trump has described the massive expansion as a $400 million, 90,000-square-foot ballroom that would be funded through private donations. The Republican president has called it a “defining addition to the White House and a lasting symbol of his presidency.”
This ballroom represents just one piece of Trump’s ambitious plan to transform Washington’s historic center. His broader vision includes constructing a 250-foot arch and undertaking extensive renovations at the Kennedy Center performing arts venue. Trump has already made significant changes to the White House grounds, including completely redesigning the Rose Garden and adding extensive gold detailing throughout the Oval Office.
Two federal agencies oversee major construction projects in the Washington area: the National Capital Planning Commission and the U.S. Commission of Fine Arts. Trump has appointed multiple members to both organizations.
The Justice Department has already filed an appeal following Tuesday’s court decision, which prevented the president from moving forward with ballroom construction at the location where the East Wing previously stood without first obtaining congressional authorization.
A federal judge granted the preliminary injunction after the National Trust for Historic Preservation filed a lawsuit. The nonprofit organization argued that Trump overstepped his executive powers when he ordered the demolition of the historic East Wing and began work on the replacement structure.
Iranian military forces launched fresh ballistic missile and drone attacks targeting Gulf region countries on Thursday, defying previous warnings from the United States about escalating regional tensions.
The renewed offensive prompted the American Embassy in Baghdad to release a security advisory cautioning about possible attacks from militia groups backed by Iran.
The strikes come amid heightened tensions in the Persian Gulf region, with Iran demonstrating its willingness to continue military operations despite diplomatic pressure from Washington.
Thursday’s attacks mark the latest escalation in the ongoing conflict, raising concerns about broader regional stability and the safety of American personnel and interests in the area.
BELGRADE, Serbia — Global media watchdog organizations have sounded the alarm alongside Serbian reporters about deteriorating conditions for press freedom in the Balkan nation, citing unprecedented levels of physical assaults, digital harassment campaigns, and death threats targeting journalists.
Media freedom advocacy groups partnered with the Council of Europe’s Platform for the Safety of Journalists and the Media Freedom Rapid Response coalition issued a warning this week stating that “the past year had seen a continued deterioration, leaving the country in a prolonged and worsening press freedom crisis.”
The organizations cautioned that “chances of further escalation in the severity of attacks against journalists remain dangerously high.”
Representatives from these groups conducted a fact-finding mission in Serbia from March 26-27, meeting with both news media professionals and government officials.
“The mission came at a time of unprecedented physical attacks on journalists and rampant online smear campaigns, led or amplified by influential members of the ruling party,” the coalition stated. “The delegation is fearful that journalists are caught in a spiral of violence with few protections in place.”
Serbia’s information ministry did not immediately respond when contacted by The Associated Press for comment.
On Wednesday, dozens of Serbian reporters staged a traffic-blocking demonstration outside populist President Aleksandar Vucic’s office, protesting a recent wave of assaults documented during Sunday’s violence-plagued municipal elections.
According to the Independent Journalists’ Association of Serbia, 20 news workers faced attacks during Sunday’s voting, contributing to approximately 100 documented incidents targeting media personnel this year alone.
International election monitors who observed the polling reported witnessing both violent incidents and voting irregularities. The elections took place across 10 Serbian municipalities and were viewed as a crucial test for Vucic following more than a year of youth-driven protests that began after a November 2024 train station disaster that claimed 16 lives.
Despite officially pursuing European Union membership for Serbia, the increasingly authoritarian Vucic administration faces accusations from human rights organizations of undermining democratic institutions, particularly press freedoms.
The international media coalition noted in their statement that harassment and violence against news workers have intensified since the Novi Sad station collapse and the emergence of student-led mass protests. They highlighted “alarming levels of impunity” with virtually no accountability for those responsible for attacks.
“Clear political will is needed to break the downward spiral and ensure all attacks on the media are properly sanctioned under the law,” the statement concluded.
American families preparing for Easter and Passover celebrations will find much more affordable eggs this year, with nationwide prices dropping a dramatic 60% compared to last year’s unprecedented peaks.
The devastating bird flu epidemic was responsible for skyrocketing retail costs during the initial five months of 2025, and the trajectory of this highly infectious disease explains why costs have significantly decreased now. The outbreak required agricultural operations and large-scale producers to eliminate complete flocks of laying hens, but declining infection rates during the latter half of last year aided in rebuilding egg inventories, explained Mark Jordan, executive director of agricultural research company LEAP Market Analytics.
The persistent epidemic continues to impact American poultry operations, with infected commercial farm numbers increasing during March. However, producers have been quickly rebuilding flocks that perished or required elimination. From July 2024 through July 2025, the quantity of egg-producing chicks hatched across America increased by 8%. This marked the first continuous and significant growth in availability of specialized laying chicks since the bird flu crisis started in 2022, Jordan noted.
The Trump administration’s choice to bring in almost 1 billion eggs last year also contributed to reducing costs, Jordan explained, though imports have now returned to typical volumes. America also reduced egg exports last year to increase domestic availability.
However, what benefits shoppers doesn’t necessarily help producers, who struggle to recover expenses as egg costs drop dramatically. They may also face higher feed expenses, including corn and soybean meal, due to the Iran conflict.
“Farmers are no strangers to volatility. It’s part of the business. But in recent months, many have been selling eggs at or below the cost of production,” said Emily Metz, the president and CEO of the America Egg Board, a trade group.
Key statistics about American egg pricing, based on government data:
— $2.50 per dozen: February’s average nationwide cost for a dozen eggs.
— $6.23 per dozen: March 2025’s average nationwide cost for a dozen eggs, representing a record peak.
— 315.8 million: Total egg-laying hens across America as of March 1, representing an 8% increase from the previous year.
— 45 million: Iowa’s egg-laying hen population, leading all states in egg production.
— 205.7 million: Total chickens and other birds in commercial and residential flocks that perished or were eliminated due to bird flu since February 2022.
— 5.22 million: Total chickens and other birds that died or were eliminated from bird flu in March 2026, more than twice the March 2025 numbers.
— 657%: The percentage growth in American shell egg imports during 2025 versus the prior year.
— $1.05: Producers’ average cost to create a dozen eggs, excluding labor and shipping expenses, per the American Egg Board. In late March, the national average wholesale egg price reached $1.17 per dozen.
— 40,000: Total real eggs planned for this year’s White House Easter Egg Roll.
The streaming service Netflix continues working to develop lasting entertainment properties after missing out on Warner Bros Discovery’s extensive collection of beloved characters and storylines.
Netflix’s Chief Creative Officer Bela Bajaria explained the company will continue funding original concepts and collaborating with established studios including MGM and Warner Bros to create films and shows with staying power similar to “Stranger Things,” “Wednesday” and “Bridgerton.”
“To me, that’s just continually the goal,” Bajaria stated during a recent interview.
The unsuccessful effort to purchase Warner Bros’ legendary film studio and HBO exposed a weakness for the streaming company, which has built its original content library over roughly twelve years compared to more than 100 years of stories and characters owned by Warner Bros, Walt Disney and Universal Pictures. Netflix was prepared to make its largest financial commitment ever at $72 billion to strengthen its content library and add intellectual properties like Harry Potter and “Game of Thrones,” since developing successful franchises has proved difficult.
Discussions with 16 current and former Netflix leaders, industry professionals and representatives reveal the streaming company’s approach of creating content for diverse audiences simultaneously differs from developing interconnected content universes like Taylor Sheridan’s “Yellowstone” spin-offs that attract dedicated viewership.
However, Netflix’s prominent producer Shonda Rhimes has successfully transformed Julia Quinn’s “Bridgerton” books into a series now entering its fifth season, complete with a spinoff and touring experience set in Regency-era London called “The Queen’s Ball.”
Entertainment franchises provide value to companies as lower-risk ventures that generate additional income through product sales and live experiences. Well-known characters and storylines also capture viewer attention in today’s crowded media environment filled with countless entertainment options.
Netflix revealed its first significant purchase, comic book publisher Millarworld, one day before Disney announced in August 2017 it would remove its films from the streaming platform to launch its own competitor, eventually named Disney+.
“Stranger Things” has achieved remarkable success, generating a spinoff series, stage production, and merchandise. Netflix highlights additional examples including the action film “Extraction” featuring Chris Hemsworth, which spawned a sequel and third movie currently in development, plus a series starring French actor Omar Sy. The long-running dating program “Love Is Blind” has been adapted for international markets, including versions in Brazil, France and Japan.
Some expensive ventures failed while building original franchises, including the reported $700 million agreement to obtain rights to Roald Dahl’s collection, featuring cherished children’s tales like “Charlie and the Chocolate Factory.” This investment hasn’t created a major success in five years, though Netflix plans another attempt this year with a Willy Wonka-themed reality program called “Golden Ticket” where contestants navigate challenges and temptations on a set featuring a chocolate river.
Creating reliable hits that generate new series helps attract and keep subscribers while boosting engagement, which increased only 2% during the second half of 2025, according to media consultant Owl & Co. Overall growth has slowed, with revenue projected to rise 13% this year based on LSEG data, compared to 16% in 2025, while advertising sales account for just 3% of total revenue. YouTube’s growing popularity presents competitive pressure. YouTube and Disney, with its collection of famous characters, have consistently surpassed Netflix in television viewing share since October 2024, according to Nielsen’s media distributor measurements covering broadcast, cable and streaming.
Adding complexity, Paramount Skydance is purchasing Warner Bros, potentially reducing suppliers of original programming.
Using a $2.8 billion gain from the unsuccessful Warner Bros transaction, Netflix Co-CEOs Ted Sarandos and Greg Peters will maintain their independent approach. Upcoming releases feature established characters and stories, including a live-action “Scooby-Doo” series and a “Narnia” film based on C.S. Lewis books directed by Greta Gerwig.
“The Electric State” demonstrates an expensive failure highlighting the risks of attempting to create an extensive Marvel-style cinematic universe.
Netflix recruited Joe and Anthony Russo, the directors behind Disney’s successful Avengers films and Netflix’s “Extraction,” to adapt the acclaimed science-fiction novel, casting “Stranger Things” star Millie Bobby Brown alongside Hollywood star Chris Pratt.
Critics harshly criticized the $320 million film upon its release last year. Plans to expand the property further, including potential spinoff series and sequels, never developed, according to two sources directly familiar with the project who requested anonymity to protect professional relationships.
“A lot of people have big movies that also are IP that don’t work,” Netflix’s Bajaria commented. “We’re in the film and TV business, so a lot of things work, a lot of things don’t work.”
Other risks, such as Netflix’s choice to approve “Squid Game,” a dystopian thriller from creator Hwang Dong-hyuk that other companies had rejected, succeeded tremendously by creating a worldwide phenomenon.
Through its massive content volume, Netflix also experiences unexpected successes, like Sony Pictures Imageworks’ Oscar-winning animated film “KPop Demon Hunters,” which became the platform’s most-watched movie ever last year.
When breakthrough success occurs, the company can utilize its extensive global reach and advanced algorithm to build excitement for content that viewers start binge-watching, helping create cultural moments.
Netflix is developing “KPop Demon Hunters” as its next major franchise, featuring licensed merchandise from Mattel and Hasbro, themed adult meals from McDonald’s, a potential concert tour and a planned animated sequel.
However, the success surprised Netflix, according to two sources. The company actually lacked licensed merchandise to capitalize on the popularity during holiday shopping season. Netflix has stated in interviews that it contacted toy manufacturers and retailers a year or more before the film’s debut, but they were reluctant to invest in an unproven property.
During a March 18 presentation in Los Angeles, Netflix revealed its 2026 schedule, featuring a fourth “Bridgerton” installment, a second season of “One Piece,” an adaptation of the popular manga series, a live-action television series based on the “Assassin’s Creed” video game franchise, and a “Little House on the Prairie” reboot.
“We’re off to a strong start and feeling confident about the quality and consistency of our slate this year,” stated Jinny Howe, vice president of original series at Netflix.
Iranian authorities executed a protester Thursday who was convicted of attacking a military installation during the country’s January anti-government demonstrations, according to the judiciary’s news agency Mizan.
Amirhossein Hatami was put to death after Iran’s Supreme Court rejected his appeal and confirmed his death sentence. Officials said he was found guilty of breaking into a restricted military installation in Tehran, setting fires that damaged the facility, and trying to steal weapons and ammunition. According to Mizan, Hatami confessed to these actions while being questioned.
Last month, Hamzeh Khalili, the judiciary’s first deputy chief, announced that legal proceedings related to January’s protests had concluded and punishments were being carried out. The January demonstrations represented a nationwide anti-government uprising that Iranian officials suppressed in what they called the most severe crackdown since the Islamic Republic was established.
Human rights organization Amnesty International had previously identified Hatami as one of 11 individuals facing imminent execution risk. The group stated these men had been “subjected to torture and other ill-treatment in detention, before being convicted in grossly unfair trials that relied on forced confessions.”
Iran previously executed three other men in March who were convicted of killing two police officers during the January protests. This has prompted concern from human rights organizations like Hengaw, who worry that Tehran is escalating executions of political prisoners and demonstrators as the country faces increased military and international pressure.
Azerbaijan’s highest court has denied an appeal from a veteran opposition figure currently serving a lengthy prison term, according to his legal representative.
The Supreme Court on Thursday turned down the appeal filed by Tofig Yagublu, a 65-year-old member of the Musavat opposition party who is serving nine years behind bars, his attorney confirmed to Reuters.
Over the past three decades, Yagublu has faced multiple imprisonments for demonstrating against the government in the South Caucasus nation. Authorities took him into custody in December 2023, and he received his conviction in March of last year on charges including fraud and falsifying documents.
While his backers argue the prosecution is driven by political motives, government officials insist the conviction was justified based on legitimate criminal conduct.
Defense attorney Nemat Karimli stated that significant procedural errors plagued the initial proceedings, and the legal team intends to take their case to the European Court of Human Rights.
The oil-rich nation has faced mounting Western criticism regarding its treatment of human rights, particularly following a wave of detentions targeting independent media professionals and political dissidents in recent years.
Azerbaijan’s leadership dismisses such criticism and characterizes Western diplomatic calls for prisoner releases as improper meddling in the country’s justice system.
Universities throughout Russia are enticing college students with substantial monetary rewards to enlist in unmanned aircraft units operating in Ukraine, according to official documents reviewed by Reuters.
The targeted recruitment campaign unfolds as Russian military operations continue advancing in Ukraine during the conflict’s fifth year, with Moscow seeking to expand its drone capabilities through a specialized military branch established in late 2023 under President Vladimir Putin’s directive.
Russian officials maintain this represents standard volunteer recruitment rather than widespread mobilization. Dmitry Medvedev, who serves as deputy chairman of the Security Council, announced Friday that more than 400,000 individuals enlisted last year, with an additional 80,000 joining so far this year through the country’s ongoing volunteer system.
Kremlin spokesperson Dmitry Peskov acknowledged the student recruitment efforts when questioned by reporters Thursday, stating: “This (recruitment) offer exists; it is, as they say, on the market, and it applies equally to everyone: to workers, to students, to the unemployed, and so on and so forth. This is a completely open offer, an offer to join a new type of unit.”
The Far Eastern Federal University in Vladivostok presents students with comprehensive packages including guaranteed academic leave for one year minimum, complete tuition exemption upon return, complimentary housing, educational grants, and coverage for all required military gear.
Financial compensation reaches impressive levels by regional standards: initial yearly wages starting at 5.5 million rubles (approximately $68,433), plus a 2.5 million ruble signing bonus following training completion, monthly stipends of 240,000 rubles, and an additional 200,000 ruble payment directly from the university.
“This is not only an opportunity to prove yourself, but also a unique platform for social and career advancement, backed by unprecedented support measures,” the university declared in documentation released March 19.
Similar attractive offers emerge from Moscow State University of Civil Engineering, which promotes opportunities for students to become drone operators, engineers, or technical specialists through announcements on its official website.
The Russian State Hydrometeorological University in St. Petersburg also actively encourages student participation, advertising drone operator positions with annual compensation reaching 7 million rubles (roughly $87,000).
This academic recruitment strategy coincides with new advertising campaigns featuring billboard imagery of young drone operators wearing high-tech eyewear under the slogan “the new indispensables,” specifically targeting students in technical fields such as engineering and aeronautics.
Separately, Pavel Malkov, governor of the Ryazan region housing over one million residents, has mandated recruitment quotas for both private and public companies. His official decree requires businesses with up to 300 employees to provide two military recruits, companies with 500 workers to supply three recruits, and larger enterprises with over 500 staff members to contribute five recruits.
The quota system operates from April through September, with Malkov personally monitoring compliance, though the decree does not specify penalties for companies failing to meet requirements.
These recruitment efforts highlight Moscow’s emphasis on strengthening drone capabilities, as unmanned aircraft operations have become increasingly crucial in the prolonged conflict. Drone operators typically work away from front-line positions but face significant risks as high-priority targets when their locations become known to opposing forces.
Electric vehicle giant Tesla has posted rising sales figures from its Chinese manufacturing operations for the second quarter running, according to new industry data released Thursday.
The company’s Shanghai manufacturing plant produced 85,670 Model 3 and Model Y vehicles in March, representing an 8.7% increase compared to the same period last year, according to figures from the China Passenger Car Association. These numbers include both domestic Chinese sales and vehicles shipped to European and other international markets.
The March figures represent the fifth consecutive month of increasing sales for Tesla’s Chinese operations, with industry experts attributing the growth to strengthening demand from European customers. Market analysts suggest that Tesla and other electric vehicle manufacturers may see additional benefits from rising oil prices connected to ongoing tensions involving Iran.
Looking at the broader quarterly picture, Tesla’s Chinese factory sales jumped 23.5% during the January through March period compared to the previous year, a significant acceleration from the modest 1.9% growth recorded in the final quarter of last year.
Industry watchers anticipate Tesla’s worldwide first-quarter delivery numbers will show nearly 10% improvement over last year’s disappointing performance, when consumer backlash against CEO Elon Musk’s political statements negatively impacted sales.
Despite the recent positive trends, Tesla continues facing significant challenges in key markets. The company saw its European market share drop by nearly half last year while losing ground in China, where its share of the electric vehicle market declined from 10% to 8% in 2024.
Chinese automaker BYD remains Tesla’s primary competitor, continuing to challenge the American company’s position in European markets. However, BYD’s strong international expansion has not been enough to compensate for difficulties in its domestic Chinese market.
As Tesla works to diversify beyond electric vehicles, the company is exploring solar energy systems, humanoid robotics, and self-driving taxi services as potential growth areas. Recent reports indicate Tesla is negotiating with Chinese companies for approximately $2.9 billion in solar equipment purchases.
Good morning, Delmarva! We’re starting this Thursday with mostly cloudy skies and a cool northeast breeze around 10 mph keeping temperatures comfortable at 52 degrees. While we might see a few light sprinkles throughout the day, any rainfall will be minimal – less than a tenth of an inch – so you won’t need to worry about heavy downpours disrupting your plans.
Tonight, those clouds will stick around as temperatures dip to a mild 44 degrees. Watch out for some patchy fog developing overnight, especially in our usual low-lying areas and near the water.
Here’s the great news – Friday is looking fantastic! That morning fog will clear out to reveal mostly sunny skies, and we’re in for a beautiful spring warmup with highs reaching 75 degrees. It’s going to feel like a completely different day! Friday night stays pleasant with partly cloudy skies and comfortable lows around 62.
This temperature swing from today’s 52 to tomorrow’s 75 is quite the spring surprise! Perfect weather for any outdoor weekend preparations.
Stay dry today, and get ready for that gorgeous Friday! I’m your Chief Meteorologist keeping you weather-ready on TV Delmarva.
Military veterans nationwide are confronting a foreclosure crisis that has reached its worst point in a decade, stemming from modifications to Department of Veterans Affairs mortgage assistance programs during the previous administration.
The situation has left families like that of Leann Ledford scrambling to keep their homes. Ledford’s spouse, who sustained injuries while serving in Afghanistan, now faces the possibility of losing their Spokane, Washington residence due to complications within the VA’s lending system.
Data shows that foreclosure proceedings on veterans’ mortgages have climbed to levels not witnessed since the early 2010s, creating financial hardship for military families who relied on government-backed loan programs to achieve homeownership.
While the Veterans Administration acknowledges the problem and has developed a solution, implementation remains several months away. Even when the fix becomes available, veterans may still find themselves at a disadvantage compared to civilian homeowners dealing with mortgage difficulties.
The crisis highlights how policy changes can have far-reaching consequences for those who served their country, turning what was once a reliable path to homeownership into a source of financial instability for military families.
Agriculture officials in China announced Saturday that they have identified outbreaks of foot-and-mouth disease affecting cattle herds in two northwestern areas of the country.
The Chinese Ministry of Agriculture confirmed that 219 cattle tested positive for the SAT1 strain of foot-and-mouth disease. The infected animals were part of two separate herds containing a combined total of 6,229 cattle located in Gansu province and the Xinjiang Uyghur Autonomous Region.
Following the discovery of the disease, regional authorities in both affected areas have begun implementing emergency response protocols, including the culling of infected animals and comprehensive disinfection procedures at the affected facilities.
According to industry experts, this outbreak represents the first documented case of the SAT1 strain reaching China’s borders. The experts noted that vaccines currently available within the country do not provide effective protection against this particular variant of the disease.
NEW YORK (AP) — Small business owners nationwide are feeling the economic pinch from the ongoing Middle East conflict, as shipping routes become disrupted, transportation costs climb, and customers reduce spending due to rising gas prices.
The impacts are widespread: a footwear company can’t get shoes delivered from Vietnam on schedule, a California pistachio operation has millions in product stuck at sea, a Missouri lawn care business is buying extra fertilizer before prices jump higher, and an Illinois electronics retailer is watching fuel costs eat into profits.
Business owners acknowledge that pandemic-related supply chain problems were more severe, but they worry about what extended warfare could mean for their operations.
“The costs are rising, the routes are changing, and capacity is tightening. It’s all happening at the same time, and that’s a perfect storm for small businesses,” said Brandon Fried, executive director of the Airforwarders Association, a trade group for U.S companies that move cargo through the supply chain on all modes of transport.
According to the U.S. Department of Agriculture, America leads global pistachio exports, with Iran ranking second.
Jared Lorraine serves as chief operating officer at Nichols Farms in Hanford, California, where his family has grown and processed pistachios for four generations. International sales account for roughly half their revenue, with shipments going to Europe, China, and growing markets in the Middle East.
The practical shutdown of the Strait of Hormuz has blocked deliveries to multiple customers. When hostilities began, Lorraine estimates approximately $5 million in pistachios became trapped on vessels, preventing delivery to buyers in Saudi Arabia, Iran and the United Arab Emirates.
“While much of the public attention has been focused on oil, which is significant, really, the destruction of the food system is I think equally as serious,” he said, adding 70% to 80% of food in the Middle East is imported.
Following the U.S. bombing of Iran on February 28, Nichols Farms found about $5 million worth of pistachios aboard ships that became stranded, according to Lorraine. The company successfully redirected some shipments: one cargo load was unloaded in Jeddah, Saudi Arabia, for truck transport to the UAE. Two additional loads reached an Omani port after being transferred to smaller containers in India. However, $3.5 million worth of product remains at sea.
“A lot of it has just been in limbo,” Lorraine said. “It’s literally been sitting idle for the last three weeks and we’re just saying, OK, what do we do?”
Matthew Tran founded Birchbury, a Los Angeles-based footwear company specializing in minimalist shoes, also called “barefoot” footwear. His company manufactures in Vietnam and distributes to customers throughout the U.S., U.K., Australia and Canada.
Under normal circumstances, Tran spends roughly $3,500 for each shipping container from Vietnam. Since the conflict began, that cost has doubled to approximately $7,000 due to route changes and increased insurance expenses. Delivery times have also extended by three to four weeks.
“It’s kind of like a traffic jam,” he said about the shipping time. “So even though it doesn’t seem like it would directly affect me because I’m going from Vietnam to America, it does affect me when there’s more congestion.”
While he noted that COVID-related supply chain problems were more severe when operations completely stopped, he expressed concern about the war’s duration.
“They always say the wars are going to be short, but they’re never short,” he said. He worries about customers having less money for discretionary spending since gas prices have surged.
“Customers don’t understand, but also their gas prices just went up, too, right?,” he said. “People just don’t want to spend money at the end of the day because they’re like, ‘Oh man, gas is up a lot.’ Buying another new pair of shoes is secondary to being able to go places with your car.”
In Kansas City, Missouri, Jake Wilson operates Top Class Lawn Care, maintaining nearly 400 properties throughout the metro area. The Strait of Hormuz closure has disrupted fertilizer markets, since Middle Eastern countries provide approximately 30% of worldwide fertilizer exports, according to the International Fertilizer Association.
Wilson launched his company in 2011 and has developed solid relationships with suppliers. Within days of the conflict’s start, two suppliers contacted him via email, warning of upcoming price increases and recommending advance purchases.
Price volatility poses challenges since roughly 70% of his clients agree to annual lawn care contracts with upfront payment at year’s beginning.
He wants to avoid returning to customers mid-season asking for additional money due to fertilizer cost increases.
“It’s kind of on me to try to get out ahead of it, the best I can, so I could still try to be profitable while keeping prices where I quoted at the beginning of the year,” he said.
Typically, he purchases fertilizer quarterly, ordering two or three months before application. Currently, he’s attempting to secure supplies through fall and into year-end, essentially doubling standard orders.
“I don’t want to wait till summer and go to my supplier and they either say, well, we don’t have any product available or what we do have is now 60%, 70% more expensive than what it was quoted in early spring, or first of the year,” he said.
Rising fuel costs have one electronics retailer reconsidering complimentary shipping policies.
Abt Electronics in Chicago consumes an average of 25,000 gallons of diesel and 30,000 gallons of gasoline monthly to operate more than 650 delivery vehicles, according to Jon Abt, the retailer’s co-president.
With gas prices climbing, Abt expressed concern about maintaining free shipping and delivery for orders over $35.
“It’s an eye-opening expense, ” Abt said. “It will affect the cost of making deliveries. This will also hit the shipping companies we use for out-of-state deliveries,”
While Abt hasn’t received March fuel bills yet, he plans to absorb costs temporarily while monitoring market conditions and competitor responses.
He added, “We like delivering things for free, and I think customers expect it.”
A coalition of eight Muslim-majority nations has issued a joint declaration criticizing Israel’s recent legislation that establishes execution by hanging as the standard punishment for Palestinians convicted of fatal attacks in military tribunals, according to a statement released Thursday by Pakistan.
The countries participating in the joint declaration – Pakistan, Turkey, Egypt, Indonesia, Jordan, Qatar, Saudi Arabia, and the United Arab Emirates – expressed their opposition to the new law and called for restraint from actions that could worsen regional tensions. The nations emphasized the “urgent need to refrain from measures” that risk further inflaming tensions on the ground.
The statement was issued from Islamabad on Thursday, marking a coordinated diplomatic response to Israel’s controversial new death penalty legislation targeting Palestinians convicted in military court proceedings.
Farmers across Australia are making significant changes to their crop selection as skyrocketing fertilizer and fuel expenses linked to the Iran conflict force agricultural decisions in one of the globe’s major food-producing nations.
Agricultural producers are increasingly choosing barley over more nitrogen-dependent crops like wheat and canola as planting season accelerates throughout much of the country this month. These crops require substantial nutrient supplies to support initial growth phases.
Urea prices in Australia have reached approximately A$1,350 ($928) per ton this week, representing a 60% increase since the start of the U.S.-Israeli conflict with Iran, according to market analysts. Australian diesel costs have jumped 88% during the same timeframe.
“Farmers are trying to reduce fertiliser application and switching planting from nitrogen hungry crops like wheat and canola into feed barley,” explained Dennis Voznesenski, an agricultural analyst at Commonwealth Bank of Australia.
“Some are also reducing planted area, but this so far is minimal,” Voznesenski added.
Industry experts predict Australia’s wheat cultivation could decrease by 10% to 12% under current circumstances, down from 12.4 million hectares planted last year. Canola production is also expected to fall despite better profit margins, according to unnamed agricultural brokers and analysts.
As the world’s fourth-largest wheat exporter and second-biggest canola supplier, Australia serves customers throughout Asia, the Middle East and Europe. The nation also produces barley, chickpeas and various pulse crops.
Global farmers face similar challenges securing fertilizer supplies as planting seasons begin in major agricultural regions. The Iran war has severely disrupted the Strait of Hormuz, a critical shipping route handling 30% of international fertilizer trade.
Bank of America has issued warnings that the conflict endangers 65% to 70% of worldwide urea supplies, a crucial nitrogen fertilizer, with prices already climbing 30% to 40%.
The U.S. Department of Agriculture reported this week that American farmers intend to plant less corn and increase soybean acreage in 2026 compared to last year. Meanwhile, China has restricted fertilizer exports while India seeks alternative supply sources for summer crops.
Wheat, corn and canola typically demand higher urea applications compared to barley and pulse crops.
“Australia typically relies on China for urea, but export curbs have limited shipments,” noted StoneX analyst Josh Linville.
“Buyers turned to Indonesia, only to face further constraints there and by the time they sought supplies from the Middle East, the war had already started and the Strait of Hormuz had closed,” Linville explained.
Agricultural crops require fertilizer during initial planting as well as during growth and pre-harvest stages. Crops planted in April and May are typically harvested in November and December.
“It is a big issue as the cost of farming has risen sharply in the last one month,” stated Tobin Gorey, founder of commodities consultancy Cornucopia in Sydney.
Officials in Lithuania are planning to formally request assistance from the United States as they continue investigating suspected human trafficking activities connected to the late Jeffrey Epstein, according to the Baltic nation’s top prosecutor.
Prosecutor General Vita Grunskiene announced Thursday that her office is working on submitting an official request for legal assistance from American authorities. “We are preparing to send a request for legal aid to the U.S.,” Grunskiene stated during an interview with Lithuania’s Ziniu radio station.
The investigation has involved questioning approximately 20 individuals so far, though no criminal charges have been filed against anyone at this time, Grunskiene explained. She also made a public appeal encouraging any potential victims of the alleged trafficking operations to contact law enforcement officials.
Iran’s top military commander has issued orders for the nation’s armed forces to closely watch adversary activities and prepare for potential hostile actions, according to reports from Iranian state media on Thursday.
Army Commander-in-Chief Amir Hatami instructed military operational centers to observe “enemy movements with utmost pessimism and accuracy” while maintaining readiness to defend against any form of assault, state outlets reported.
The directive comes as tensions continue in the region, with President Donald Trump recently stating that the Iran conflict is “nearing completion” and could conclude in the coming weeks. However, the deployment of additional American forces to the Gulf area has sparked speculation about possible ground military action.
“No enemy troops should survive if adversaries attempt a ground operation,” Hatami was quoted as saying by state media.
Iranian state television broadcast silent video showing Hatami meeting with three fellow army commanders in person while conducting a video conference with approximately twelve other military officials. Reuters was unable to immediately confirm when the recording was made.
Military officials in Moscow announced Thursday that Russian strategic nuclear forces completed training exercises in Siberia featuring Yars intercontinental ballistic missiles designed to carry nuclear warheads.
According to Russia’s Defense Ministry, military personnel practiced various tactical maneuvers, including concealing and disguising the movement of land-based missile systems during field operations.
The training also included exercises simulating responses to enemy attacks and defending against aerial assault weapons. Defense officials noted that no actual missile launches occurred during these drills.
These military exercises are part of Russia’s routine testing of its strategic nuclear capabilities, designed to evaluate combat readiness while sending messages to Western nations amid ongoing tensions with NATO allies regarding the conflict in Ukraine.
State legislators in Oklahoma are working on new legislation that would force government agencies to notify Immigration and Customs Enforcement when people lacking legal immigration documentation seek public assistance programs. According to lawmakers, the initiative stems from encouragement by White House advisor Stephen Miller.
The proposed measure would require state officials to contact ICE whenever undocumented individuals apply for government programs including nutrition assistance or medical coverage. The reporting requirement would remain in effect even when these individuals are seeking benefits specifically for their children who qualify for such programs.
On Wednesday, the nation’s highest court examined oral arguments in a significant constitutional case centered on citizenship acquired at birth. The justices posed various questions during the proceedings about this foundational legal concept.
The case represents a major constitutional challenge that could impact how citizenship is determined under current law. During the hearing, the nine justices explored different aspects of the legal issues at stake.
The Supreme Court’s consideration of this matter highlights ongoing national debates about constitutional interpretation and citizenship law. The court’s eventual ruling could have far-reaching implications for how these principles are applied going forward.
A Georgetown University law professor recently provided analysis of significant moments during Supreme Court oral arguments regarding birthright citizenship issues.
Stephen Vladeck, who teaches at Georgetown Law, spoke with NPR’s A Martinez about notable developments that emerged during the nation’s highest court proceedings on this constitutional matter.
The interview focused on Vladeck’s observations and insights from the Supreme Court session, offering legal perspective on the arguments presented before the justices.
Commercial fishing operations throughout Rhode Island are grappling with the financial strain of elevated fuel costs that are severely impacting their bottom line.
The surge in fuel expenses is creating substantial economic pressure on fishing vessel operators who depend on diesel to power their boats for daily operations at sea.
This financial burden threatens the viability of Rhode Island’s maritime fishing sector, which plays an important role in the state’s coastal economy.
Listen to the Morning Delmarva Farm Report Update — April 2, 2026
DELMARVA — Cooler temperatures and a soggy start to April are putting field work on hold across Delmarva this week. Producers looking to get into fields for early corn planting or pre-emergent herbicide applications will need to wait it out.
The wet weather does provide some benefit, recharging soil moisture after a dry stretch in mid-March. Extension agronomists say there’s no need to rush given soil temperatures remain below optimal for germination anyway. Producers who got applications down ahead of this system are in good shape. For those waiting, conditions should improve by the weekend.
Markets
May corn futures opened at $5.18 a bushel. July soybeans traded at $11.42. July wheat opened at $5.97. Locally, corn bids on Delmarva are running $4.95 to $5.10 depending on location. Soybeans are trading at $11.20 to $11.35.
Forecast
Mostly cloudy skies are expected today with highs only reaching 50 degrees. Northeast winds at 10 miles per hour. Temperatures will stay cool tonight, dropping to 43 with patchy fog developing after midnight. Friday brings improvement with patchy morning fog clearing to mostly sunny skies and highs climbing to 67 degrees. The weekend looks dry Saturday before rain moves back in Sunday.
This article is based on the Delmarva Farm Report Update Morning Edition, April 2, 2026. Hosted by Tom Bradley.
The Food Safety and Inspection Service has announced plans to modify its data collection requirements for state-run meat and poultry inspection programs nationwide.
Following federal paperwork regulations and the Paperwork Reduction Act of 1995, the agency is seeking approval to update its current information gathering procedures. The proposed changes would increase the administrative workload by 204 hours, which officials attribute to a new state program being added to the system.
The current authorization for this data collection system is scheduled to end on August 31, 2026. The agency must receive approval for the revised collection procedures before that deadline.
State meat and poultry inspection programs work alongside federal oversight to ensure food safety standards are maintained at processing facilities across the country.
A frustrated mother in Athens has exhausted every strategy she can think of to reduce her teenage son’s obsession with social media platforms. Georgia Efstathiou, 43, has attempted intimate conversations, designated screen-free periods, and even taking away her 14-year-old’s device entirely, but battles continue to erupt over his attachment to online videos and messaging.
Relief may soon arrive for Efstathiou and countless other struggling parents. Greece’s government is preparing to implement a social media prohibition for youth under 15, adding the country to a growing list of nations attempting to protect children from digital dependency and online harm.
“Ban them, shut them down. We’ve reached our limits… We parents need help,” Efstathiou stated while clutching her son’s device in her Athens home.
The overwhelmed mother represents a widespread sentiment across Greece. A February survey conducted by ALCO revealed approximately 80% of respondents supported such restrictions. Prime Minister Kyriakos Mitsotakis’ administration has previously prohibited mobile devices in educational settings and established parental oversight systems to restrict adolescent screen exposure.
Government officials have refused to discuss specifics about the proposed ban or reveal implementation details and timing.
Reuters initially covered the proposal in February, with sources indicating an official announcement remains forthcoming. Mitsotakis recently informed a Greek-Australian publication that Greece would proceed “in a similar direction to that of Australia,” referencing December legislation requiring social media corporations to exclude users under 16 or face financial penalties.
Greece confronts the same challenges with platforms like Meta’s Instagram, TikTok, and gaming websites that nations worldwide are grappling with.
The EU-supported Greek Safer Internet Centre in Athens has documented alarming trends. George Kormas, who operates their support hotline for young cyberbullying victims, reported that calls more than doubled from 2024 to 2025. Additional concerns include minor exploitation, false information distribution, and hostile online communication.
Center statistics show 75% of Greek children accessing social media are elementary school age.
“This undoubtedly worries us, because they cannot handle social media or protect themselves,” Kormas explained.
Athanasios Theocharis, director of the National Organization for the Prevention and Treatment of Addictions, noted that roughly 48% of teenagers have experienced harmful effects from social media usage.
“Clearly (the ban) has the potential to provide a significant degree of protection,” Theocharis stated.
However, parents interviewed by Reuters expressed mixed feelings about losing oversight of their children’s online activities and worry that youth will circumvent restrictions. Some oppose any government involvement entirely.
“I’d prefer a different approach, limiting mobile phone use within the family,” explained Dimitris, 44. “But where that’s not possible, perhaps a ban would work as the extreme remedy.”
His 14-year-old daughter Catherine represents a generation that has never experienced life without digital connectivity.
“It is the way we learned since we were born,” she shared while playing basketball near the Acropolis with her father.
“I can control it — but then again I usually get carried away.”
In the small Hungarian village of Malyinka, 72-year-old Sandor Toth operates a local pub where he’s served customers for over four decades, watching his country transform from communist rule through multiple election cycles that have consistently favored Viktor Orban’s Fidesz party.
Toth’s establishment recently benefited from Orban’s village pub initiative, receiving 3 million forints (approximately $9,000) in government funding that enabled him to upgrade with new windows and air conditioning systems. This program distributed grants to hundreds of rural pubs under the government’s philosophy that these establishments represent “the soul of the villages.”
Rural communities like Malyinka have formed the backbone of support for Fidesz, the ruling nationalist and socially conservative party, largely through community development programs funded by party-controlled local governments. In many regions, the distinction between Fidesz and government services has become blurred, with the party serving as the primary source of employment and financial assistance.
Media landscape considerations also play a role, as Fidesz supporters control significant portions of Hungary’s private news outlets, while state media functions primarily as a government communications tool. Officials reject claims that press freedom has been compromised.
Orban’s messaging emphasizing “Hungarian interests” in opposition to European Union policies and his stance against providing aid to war-affected Ukraine has found particular resonance among older, more traditional voters in countryside areas.
The upcoming April 12 election presents Orban with his most challenging re-election campaign in over a decade and a half. Rural constituencies hold decisive importance, comprising 88 of 106 total districts, with these constituency races determining 106 of parliament’s 199 seats.
While serving sour cherry beer at 800 forints ($2.38) per pint—roughly half the cost found in Budapest—Toth expressed confidence that most residents in his village of 450 would continue supporting Orban.
“I believe generally here people vote for Fidesz as they help pensioners and also young people,” he explained, noting that “not all parties” would have provided the financial assistance his pub received.
Toth’s establishment, called Sanyi pub and decorated with 1980s memorabilia and featuring a 1990s jukebox, has evolved into Malyinka’s social hub, strategically positioned beside the soccer field and licensed for tobacco sales.
“The village, our direct connection to nature, the land … these are essential parts of human life that must be preserved,” Orban stated during a January campaign appearance.
In the electoral district encompassing Malyinka and 81 additional villages, Fidesz representative Zoltan Demeter secured victory in 2022 with more than 54% of votes cast. However, this election cycle presents increased competition.
Orban now faces opposition from the center-right Tisza party, established in 2024 under Peter Magyar’s leadership. Magyar, who previously admired Orban, now seeks to remove him from the prime minister’s office.
Current polling data indicates Tisza holds a national advantage, though significant numbers of voters remain uncommitted. Research conducted by the 21 Research Institute in early March showed Tisza leading among all voter demographics under age 50, while Fidesz maintained clear support among those over 65.
Tisza has intensified rural campaigning efforts, attempting to address a 16-year pattern of opposition parties struggling to present viable alternatives to Fidesz in countryside areas.
Magyar has spent two years traveling to towns and villages, pledging employment opportunities, infrastructure improvements, and enhanced healthcare access. Leading up to election day, his campaign schedule includes events in 5-6 different locations daily across the nation.
The 21 Research Institute survey indicated Fidesz maintained a 37% to 33% advantage over Tisza in village areas.
“The mood in small rural towns and villages is different from earlier elections, when the public quickly lost interest at events. Now they turn up and listen to what Magyar has to say,” noted Eurasia Group analysts, suggesting Magyar was gaining ground in rural districts.
Tisza’s local representative and campaign workers conduct door-to-door outreach throughout villages in Toth’s constituency, attempting to attract voters by proposing support for road repairs and improvements to healthcare facilities and educational institutions.
“This is key, I think this was missing badly from previous campaigns, that we must go to each street,” stated Tisza candidate Csaba Hatala-Orosz.
“We can promise to support local small- and medium-sized businesses, rebuild roads … I’ve been doing field work here for almost two years, and I got to know these 82 villages, and I have really put my heart into this.”
Military forces in two West African nations have caused more civilian casualties than the terrorist groups they’re fighting, according to new research from Human Rights Watch released Thursday.
Data compiled by the human rights organization reveals that since 2023, government troops and their allies in Burkina Faso have been responsible for more than double the civilian deaths caused by Islamic extremist groups.
Similar patterns emerge in neighboring Mali, where Armed Conflict Location & Event Data (ACLED) statistics show government forces and their partners have killed three to four times more civilians than jihadist fighters over the past two years.
Both countries are currently under military rule following recent coups, and both have experienced escalating violence from terrorist organizations since 2021, transforming the Sahel region into a major global terrorism concern.
Experts warn that extensive civilian killings by government troops may strengthen terrorist groups politically and help them recruit new members. These developments could also hinder U.S. efforts to rebuild relationships with Sahel governments that removed French and other Western military forces after their coups.
Ilaria Allegrozzi, Human Rights Watch’s senior Sahel researcher, stated that Burkina Faso’s security forces and allied militias “appear to be more brutal and violent” than extremist organizations like the regional al Qaeda branch, Jama’at Nusrat al-Islam wal-Muslimin (JNIM).
She explained that the behavior of Burkinabe forces reflects a broader regional trend that raises serious questions about military discipline and its impact on anti-insurgency operations.
Neither Mali nor Burkina Faso government representatives immediately responded to requests for comment. Both nations have previously rejected accusations of unlawful killings, claiming their forces have eliminated “terrorists.”
The Human Rights Watch investigation examined the timeframe from January 2023 through August 2025, recording 57 incidents that resulted in at least 1,837 civilian fatalities. Government forces and their allies carried out 33 of these incidents, causing 1,255 civilian deaths.
ACLED figures show that in 2025 alone, Burkina Faso’s military and the pro-government Homeland Defence Volunteers militia killed 523 civilians, while JNIM and Islamic State Sahel Province killed 339.
In Mali during 2025, the military working alongside Russian paramilitary units Wagner and Africa Corps killed 918 civilians, compared to 232 killed by JNIM and Islamic State Sahel Province.
Russia’s defense ministry, which oversees Wagner and Africa Corps, did not respond to comment requests. JNIM representatives could not be contacted.
ACLED gathers information from social media, news reports, and official statements from governments, armed groups, and non-governmental organizations. The organization acknowledges its fatality counts are conservative estimates. Human Rights Watch based its findings on 450 interviews and verified social media content and satellite images, noting their documented incidents don’t represent the complete picture.
Allegrozzi explained that because JNIM controls extensive territory, security forces often escort humanitarian and supply convoys through rural areas, but frequently kill civilians they encounter during these operations.
An eastern Burkina Faso resident, speaking anonymously due to safety concerns, described witnessing such an incident while traveling in a civilian convoy with military protection in July 2024. Many villages they passed appeared deserted until they reached Sakoani village, located 30 kilometers west of Kantchari town.
“When the army arrived in this village and saw that it was populated, they surrounded the entire village and they exterminated everything – every living being,” the witness told Reuters. “People tried to flee, but if you run, they shoot at you.”
The witness estimated seeing at least 100 bodies.
Mali has increasingly relied on drone attacks for many civilian killings, according to ACLED data. Drone operations expanded dramatically after the government started buying Turkish-manufactured drones in 2022. Civilian casualties from Mali’s drone or air attacks increased from four incidents in 2022 to 66 incidents in 2025, killing 155 people.
Government drone strikes in July 2024 killed at least 50 civilians at the Inatiyara artisanal gold mining location in northern Mali, ACLED reported. Three eyewitnesses provided accounts to Reuters.
A 30-year-old gold miner from Niger who worked at Inatiyara and requested anonymity said, “We were surprised by the strikes, we were so scared.”
“It was pure panic… I’m still reeling from the shock,” he added.
Human Rights Watch and ACLED also documented serious crimes by JNIM, including the deaths of at least 133 civilians in Barsalogho, Burkina Faso, during August 2024 and 19 civilians in Diallassagou, Mali, in May 2024.
Despite these actions, the group has successfully presented itself as a protector of marginalized communities like the Fulani, a nomadic herding group whose members are frequently suspected of JNIM connections, according to analysts.
Heni Nsaibia, ACLED’s senior West Africa analyst, noted, “As state responses increasingly rely on retaliation and collective punishment, more civilians find themselves trapped in areas under jihadist control, where JNIM is consolidating its influence through coercion and strategic engagement with local populations.”
DUBAI, United Arab Emirates — Tehran launched fresh missile strikes against Israel and Gulf Arab nations Thursday as President Donald Trump delivered remarks about concluding the Middle East conflict, demonstrating Iran’s rejection of Washington’s ceasefire overtures while continuing to control the Strait of Hormuz.
British officials scheduled a Thursday conference call with nearly three dozen nations to address reopening the strategic waterway, which handles 20% of global oil and natural gas shipments during normal operations. The 35 participating countries, encompassing all G7 developed nations except America, plus the United Arab Emirates and Bahrain, endorsed a declaration last month calling on Iran to stop obstructing the strait. Thursday’s discussion will focus on “diplomatic and political measures” to restore maritime traffic after hostilities end.
While Washington demands Iran permit unrestricted vessel passage through the strait, Trump recently stated America shouldn’t be responsible for forcing compliance, urging nations dependent on Hormuz oil shipments to “build some delayed courage” and “take it.”
During his remarks, Trump declared the U.S. would strike Iran “extremely hard over the next two to three weeks,” while claiming American “core strategic objectives are nearing completion.”
Iranian military officials responded defiantly Thursday, asserting their weapons facilities remain concealed and beyond reach of Israeli or American strikes.
“The centers you think you have targeted are insignificant,” declared Lt. Col. Ebrahim Zolfaghari, spokesperson for Iran’s Khatam Al-Anbiya Central Headquarters.
Explosions echoed through Dubai just before Trump’s nearly 20-minute Wednesday address as air defense systems engaged incoming Iranian missiles. Within 30 minutes of the president’s conclusion, Israel reported intercepting additional incoming projectiles.
Warning sirens activated in Bahrain, headquarters of the U.S. Navy’s 5th Fleet, immediately following the speech.
British Foreign Secretary Yvette Cooper hosted Thursday’s virtual meeting among the 35 signatories who issued a March joint statement condemning Iranian attacks on civilian commercial ships and demanding Tehran “cease immediately its threats, laying of mines, drone and missile attacks and other attempts to block the strait.”
Despite most Strait of Hormuz oil and gas typically serving Asian markets, only Japan and South Korea from that region participated in the discussions.
“Trump’s message was that the United States can sustain its own economic and energy ecosystem, while countries dependent on regional exports will either have to buy from the United States or manage the Strait themselves,” analyzed the New York-based Soufan Center think tank following the address.
“While Trump explicitly thanked U.S. allies in the Persian Gulf for their cooperation and allyship, an expedited U.S. withdrawal without securing the strait will leave many of these countries, whose economies are dependent on energy exports, in the lurch.”
No nation appears prepared to forcibly reopen the strait during ongoing warfare. British Prime Minister Keir Starmer said the coalition “will assess all viable diplomatic and political measures we can take to restore freedom of navigation, guarantee the safety of trapped ships and seafarers and to resume the movement of vital commodities.”
Bahrain, currently holding the UN Security Council presidency, has worked to bring the crisis before the international body.
While Iran permits limited vessel transit through the strait, the passage remains mostly blocked. Tehran continues targeting Gulf Arab energy infrastructure, driving oil prices higher and creating widespread economic disruption.
After Trump’s address, Brent crude prices climbed to $108 in early trading, representing a nearly 50% increase since February 28 when Israel and America initiated military action against Iran.
Rising energy costs and market volatility have intensified domestic pressure on Trump, who used his address to defend the military campaign while suggesting its conclusion approaches.
Acknowledging fallen American service members, he stated: “We are going to finish the job, and we’re going to finish it very fast. We’re getting very close.”
Washington has presented Tehran with a 15-point ceasefire proposal, though Trump made no mention of diplomatic efforts or his April 6 deadline for Iran to reopen the Strait of Hormuz or face severe American retaliation.
Combat casualties include more than 1,900 Iranian deaths and 19 Israeli fatalities. Over two dozen people have perished in Gulf states and the occupied West Bank, with 13 U.S. service members killed.
Lebanese authorities report more than 1,200 deaths and over one million displaced residents, while ten Israeli soldiers have died in that country.
France’s Finance Minister Roland Lescure revealed Thursday that his administration plans to unveil new incentives within the next few weeks aimed at attracting data center development to the nation.
Speaking from Paris on April 2nd, Lescure also mentioned that Japanese investors are currently evaluating European locations for potential data center installations.
Pakistan has undergone a stunning diplomatic reversal, transforming from an isolated nation just twelve months ago into a key regional power broker mediating between the United States and Iran in efforts to resolve Middle East conflicts. This dramatic shift has been orchestrated primarily by the country’s influential military leader, Field Marshal Asim Munir.
Munir has established close relationships with President Donald Trump, including an extraordinary private lunch meeting at the White House. Additionally, Pakistani authorities captured and transferred to U.S. custody an Islamic State operative responsible for attacks on American military personnel.
The Islamic republic has launched an extensive diplomatic campaign, with officials reaching out to global leaders while simultaneously strengthening bonds with key ally China.
“Pakistan’s civil-military leadership has been on a charm offensive primarily balancing relations between the U.S. and China as it seeks to employ a diversified foreign policy,” explained Arsla Jawaid, a global risk analyst at Control Risks, in comments to Reuters.
“All these efforts are beginning to show some signs of success.”
Relations between Pakistan and Western nations had deteriorated significantly after U.S. Navy SEALs eliminated Osama bin Laden on Pakistani soil in 2011. The situation worsened with the imprisonment of former Prime Minister Imran Khan and Washington’s allegations that Pakistan secretly aided the Taliban throughout the two-decade Afghanistan conflict.
Economically, the country teetered on the brink of defaulting on its debts until securing a new International Monetary Fund agreement following difficult negotiations approximately 18 months ago.
Government officials and experts point to two pivotal moments that helped Pakistan regain Washington’s confidence.
The initial breakthrough occurred in March of the previous year when Pakistan assisted in apprehending an individual connected to the 2021 Kabul airport attack that claimed the lives of 170 Afghan civilians and 13 American service members. This cooperation earned public recognition from Trump and restored intelligence cooperation between the nations.
Former Pakistani ambassador to the United States Maleeha Lodhi described this collaboration as “critical” in overcoming decades of mutual suspicion.
The second turning point came in May during a confrontation with longtime rival India.
Foreign ministry spokesman Tahir Andrabi noted that the 90-hour military engagement significantly enhanced Pakistan’s international standing because the nation’s “military leadership showed tremendous restraint after successfully downing Indian fighter jets.”
Pakistan promptly involved the United States in diplomatic efforts to resolve the dispute between the nuclear-armed neighbors. Subsequently, both Munir and Prime Minister Shehbaz Sharif put forward Trump’s name for Nobel Peace Prize consideration.
Throughout Pakistan’s history, military leaders have wielded significant influence even during civilian rule, making Munir’s support crucial for any governmental policy decisions.
The unprecedented White House meeting between Trump and Pakistan’s military commander, conducted without civilian officials present, demonstrated Trump’s understanding of Pakistan’s actual power dynamics.
Pakistani military officials declined to provide comments for this report. Government representatives attribute the country’s diplomatic renaissance to effective cooperation between civilian and military leadership and skillful management of relationships spanning Gulf nations, the United States, and China.
“If there is one factor above all that has fuelled the widening of diplomatic opportunity for Pakistan, it is the trust and symbiosis between the field marshal and prime minister,” stated Mosharraf Zaidi, Sharif’s spokesperson, in remarks to Reuters.
Both Zaidi and Andrabi emphasized their offices’ diplomatic initiatives, including numerous meetings and near-daily communications with international leaders.
This past Sunday, Foreign Minister Ishaq Dar welcomed his counterparts from Turkey, Saudi Arabia, and Egypt for discussions centered on ending the Iranian conflict.
“Because of Mr. Dar’s frequent interactions with these foreign ministers, they can share intimate comments as well as a solemn moment,” Andrabi observed.
Washington’s relationship with Pakistan has strengthened through regular engagement between Pakistani civilian and military officials and the White House.
Munir and Sharif have conducted discussions with U.S. officials covering investment possibilities, cryptocurrency agreements involving Trump family-associated enterprises, and Middle Eastern security matters, establishing Pakistan’s diplomatic comeback through a combination of commercial partnerships and strategic alliances.
Trump has referred to Munir as his “favourite field marshal,” and the Pakistani leader was the sole active military commander attending this year’s World Economic Forum in Davos. Sources indicate he conducted additional meetings with Trump at the event and has maintained regular contact with Vice President JD Vance since the Iranian conflict commenced.
As recently as Tuesday, Vance communicated through Pakistani intermediaries regarding the Iranian situation, with a source familiar with the discussions confirming Trump’s openness to a ceasefire under specific conditions.
Prime Minister Sharif has maintained ongoing dialogue with Trump, Saudi Crown Prince Mohammed bin Salman, and Iranian President Masoud Pezeshkian.
Pakistan formalized a mutual defense agreement with Saudi Arabia in the previous year.
Pakistan’s growing international prominence has created concerns in India, which traditionally maintained superior diplomatic standing between the two adversaries. Indian opposition politicians have criticized their government’s passive stance regarding the Middle East crisis, while analysts suggest Pakistan’s emergence threatens to marginalize New Delhi in regional diplomatic efforts.
“I have been calling for almost three weeks now for India to take a leading stand, leveraging its good relations with both sides into a peace initiative,” stated opposition legislator Shashi Tharoor. “Now, apparently, Pakistan, Egypt and Turkey have done it. Good luck to them…but India gets no credit while Pakistan is holding the peace talks.”
Despite diplomatic gains, Pakistan’s economy continues struggling, and experts warn the nation risks military involvement due to its defense treaty with Saudi Arabia, potentially triggering domestic unrest among Pakistan’s Shiite population, the world’s second-largest after Iran.
Pakistan also faces ongoing tensions with neighboring Afghanistan, which intensified shortly before U.S. and Israeli military actions against Tehran.
“Pakistan has to continue to look inwards to bolster its own pillars of national power, especially its economy,” advised Uzair Yunus from strategic consulting firm The Asia Group.
“It also needs to build an integrated defence industrial complex in partnership with Saudi Arabia and Turkey.”
Pakistan requires a comprehensive long-term approach to manage relationships with Iran, its defense partnership with Saudi Arabia, and ties with Washington during an uncertain and potentially extended conflict, according to Control Risks analyst Jawaid.
“The civil-military leadership will need to be very careful of the role and extent of Pakistan’s involvement. Overplaying the mediator card could prove to be more damaging if not managed astutely.”
BEIJING – Chinese commerce officials stated Thursday that the government backs international business partnerships and technology collaborations when they comply with legal requirements.
Commerce ministry spokesperson He Yadong made these comments when asked about potential Chinese government actions regarding Meta’s purchase of Manus, a Chinese artificial intelligence company.
According to a Financial Times report from March, Chinese authorities have prevented two founding members of Manus from departing the country while officials examine whether Meta’s $2 billion acquisition of the company broke investment regulations.
The spokesperson’s statements come as Chinese regulators continue their review of the high-profile technology deal between the social media giant and the AI startup.
Miami’s Sandy Alcantara delivered a dominant pitching performance Wednesday, tossing a three-hit shutout on just 93 pitches to power the Marlins to a commanding 10-0 victory over the Chicago White Sox at home.
Alcantara (2-0) was nearly flawless on the mound, recording seven strikeouts without issuing a single walk. The stellar outing marked his fifth complete-game shutout and represented the second “Maddux” of his career – a shutout completed in fewer than 100 pitches.
Offensively, Liam Hicks provided plenty of run support with a four-RBI performance, going 3-for-4 with his third home run of the young season. The victory improved Miami’s record to 5-1, while Chicago dropped to 1-5.
White Sox starter Shane Smith (0-2) struggled mightily, surrendering eight runs – seven of them earned – on eight hits across just three innings of work.
Braves 5, Athletics 1
Drake Baldwin’s four-RBI day backed Chris Sale’s outstanding pitching as Atlanta defeated Oakland in the series finale.
Sale (2-0) was nearly untouchable through six innings, allowing just one run on a single hit while facing 19 batters and retiring 18 of them. The veteran left-hander now sits at 2,858 career strikeouts, just 19 shy of former Braves legend Tom Glavine for 29th place all-time.
Oakland’s lone bright spot came from Shea Langeliers, who connected for his major league-leading fifth homer in the fourth inning. Langeliers finished 2-for-4, boosting his average to .375.
Orioles 8, Rangers 2
Baltimore’s offense exploded for eight runs, with Leody Taveras, Taylor Ward and Jeremiah Jackson each driving in two runs to help the Orioles salvage the final game of their three-game set against visiting Texas.
Dylan Beavers and Samuel Basallo each launched solo homers, with Beavers collecting three hits and scoring three times. Trevor Rogers (2-0) continued his strong start to the season, working six innings while allowing two runs on six hits.
Texas saw their four-game winning streak come to an end despite a homer from Corey Seager. Josh Jung finally broke out of an 0-for-18 slump with two singles for his first hits of the season. Rangers starter Nathan Eovaldi (0-2) was tagged for six runs on eight hits in four innings.
Pirates 8, Reds 3
Oneil Cruz homered for the second consecutive game and Paul Skenes rebounded from a difficult season opener to guide Pittsburgh past Cincinnati on the road.
Cruz delivered the big blow in the first inning, crushing an 81 mph curveball from Cincinnati starter Andrew Abbott (0-1) 407 feet over the right field wall with two runners aboard, staking Pittsburgh to a 3-0 advantage. Skenes (1-1) responded with five solid innings, permitting one run on three hits.
Abbott lasted 5 2/3 innings, giving up four runs on five hits. The Reds got a two-run blast from Eugenio Suarez.
Rockies 2, Blue Jays 1 (10 innings)
Pinch-hitter Tyler Freeman delivered the decisive blow with an RBI single in the 10th inning, giving visiting Colorado a series-clinching victory over Toronto.
Freeman, who was activated prior to the game, came through against Brendon Little (0-1) by driving home Brenton Doyle from second base. Jimmy Herget closed out the win with a perfect 10th inning for his first save, while Brennan Bernardino (1-0) threw a clean ninth.
The Blue Jays wasted an excellent start from Kevin Gausman, who worked six scoreless frames while scattering two hits with 10 strikeouts and no walks. Toronto managed just one run on a Davis Schneider single in the third but stranded the bases loaded.
Cardinals 2, Mets 1 (11 innings)
Masyn Winn capped an exciting finish with a walk-off RBI single in the 11th inning, giving St. Louis a series victory over New York.
Gordon Graceffo (1-0) earned the win by recording the final two outs of the 11th, getting Brett Baty to ground into a force play at home before retiring Marcus Semien on a fly ball. Nolan Gorman provided the Cardinals’ earlier run with an RBI single in the sixth.
Juan Soto homered in the sixth for New York, but the Mets struggled with runners in scoring position, going 0-for-11 in those situations and falling to 1-2 in extra-inning games this season.
Cubs 6, Angels 2
Nico Hoerner led Chicago’s offensive attack with a 3-for-5 performance that included two doubles, while Matt Shaw contributed two hits and two RBIs in the Cubs’ series-deciding victory over Los Angeles.
Matthew Boyd (1-1) bounced back from an Opening Day setback to earn the victory, allowing two runs (one earned) on two hits across 5 2/3 innings while striking out 10. Michael Busch added two hits and a run for Chicago.
The Angels managed only four hits on a frigid 39-degree afternoon with strong winds. Zach Neto had two hits and scored a run for Los Angeles, which finished their season-opening road trip at 3-4. Yusei Kikuchi (0-1) allowed five runs on six hits in 5 1/3 innings.
Royals 13, Twins 9
Jonathan India blasted his fifth career grand slam and Kyle Isbel went deep among his four hits, powering Kansas City to a high-scoring victory over Minnesota at home.
Maikel Garcia drove in three runs as the Royals received tremendous production from their bottom four hitters – India, Jac Caglianone, Isaac Collins and Isbel – who combined to go 10-for-16 with eight RBIs and nine runs scored. Noah Cameron (1-0) won his season debut by allowing one run on four hits over five innings.
Minnesota rallied with eight runs over their final three at-bats, highlighted by Josh Bell’s three-run homer in the ninth, before Lucas Erceg retired both batters he faced to secure his second save.
Astros 6, Red Sox 4
Carlos Correa’s clutch two-out, three-run homer in the fifth inning proved to be the difference as Houston completed a three-game sweep of visiting Boston.
Both Correa and Christian Vazquez went deep for the Astros, while Yordan Alvarez finished 2-for-3 with a double and two runs. Houston has now won five straight after starting the season 0-2. Mike Burrows (1-1) worked five innings while allowing two runs.
Boston mounted a late comeback attempt with home runs from Wilyer Abreu in the eighth and Roman Anthony in the ninth, but fell short. Garrett Crochet (1-1) was charged with five runs (four earned) over five innings.
Phillies 6, Nationals 5 (10 innings)
Edmundo Sosa tied the game with a two-run single in the ninth inning, then Justin Crawford delivered a walk-off single in the 10th to cap Philadelphia’s dramatic comeback victory over visiting Washington.
Crawford, playing in just his fifth major league contest, lined the first pitch from Cole Henry (0-1) past the drawn-in infield to trigger a dugout celebration. Philadelphia trailed 5-1 through seven innings but rallied to win consecutive games for the first time this season.
CJ Abrams connected for a three-run homer for Washington, while Joey Wiemer continued his hot start with two hits, a walk and two runs.
Brewers 8, Rays 2
Christian Yelich broke a tie with a two-run single during a decisive six-run eighth inning, leading Milwaukee to a comeback victory over Tampa Bay at home.
Both Yelich and Garrett Mitchell went 2-for-4 with two RBIs and a run, while Brice Turang added a two-run homer. The win was Milwaukee’s fifth in six games to start the season. Jacob Misiorowski allowed two runs on four hits over six innings, and Aaron Ashby (2-0) threw a scoreless eighth.
Tampa Bay got a two-run homer from Yandy Diaz and two hits from Chandler Simpson. Starter Drew Rasmussen pitched five innings, allowing two runs (one earned) on two hits with eight strikeouts.
Diamondbacks 1, Tigers 0
Corbin Carroll became the sixth left-handed batter to homer off Tarik Skubal, and that solo shot held up as Arizona completed a three-game sweep of Detroit in Phoenix.
Carroll drove a 97 mph fastball over the left-center field fence as the second batter of the bottom of the first inning for his second homer of the season. Zac Gallen and three Arizona relievers made the early lead stand up.
Two-time defending Cy Young Award winner Skubal (1-1) scattered six hits over seven innings in defeat. Gallen (1-1) allowed four hits across six scoreless frames.
Guardians 4, Dodgers 1
Gavin Williams dominated with 10 strikeouts over seven shutout innings, while Gabriel Arias and Jose Ramirez homered to lead Cleveland past Los Angeles in the series finale.
Williams (1-1) surrendered just two hits and three walks as the Guardians finished their season-opening road trip with a 4-3 record.
Dodgers starter Yoshinobu Yamamoto (1-1) permitted two runs on four hits across six innings. Freddie Freeman spoiled the shutout bid with a two-out homer in the ninth.
Yankees 5, Mariners 3
Cam Schlittler tossed 6 1/3 scoreless innings to lead New York past Seattle on the road.
The Yankees won five of six games on their season-opening trip, outscoring opponents 24-6. Paul Goldschmidt launched a three-run homer and Ben Rice added a solo shot for New York, which took the final two games after dropping the series opener.
Schlittler (2-0) allowed two hits while striking out seven without issuing a walk. David Bednar worked the final 1 1/3 innings for his third save. Seattle got a two-run single from Cal Raleigh, while George Kirby (1-1) surrendered four runs on five hits over six innings.
Padres 7, Giants 1
Ramon Laureano launched a two-run homer and Nick Pivetta allowed just one hit across five shutout innings as San Diego avoided a series sweep against visiting San Francisco.
Pivetta (1-1) struck out eight while walking two in his dominant outing. Mason Miller closed out the final 1 1/3 innings for his second save. Laureano, Manny Machado and Gavin Sheets each collected two hits for the Padres.
Giants starter Adrian Houser (0-1) gave up three runs, one earned, over 5 1/3 innings in his season debut. Luis Arraez had three of San Francisco’s four hits.
Stock market futures dropped sharply Thursday morning following President Donald Trump’s announcement that military operations against Iran would escalate in the coming two to three weeks, contradicting his previous statement to Reuters that America would be “out of Iran pretty quickly.”
The conflicting messages about the timeline and goals of the month-long conflict have created significant market volatility throughout March, resulting in the S&P 500’s largest monthly decline in a year. Meanwhile, Brent crude oil posted record monthly gains and climbed to $107 per barrel following Trump’s latest remarks.
Market uncertainty has shifted Federal Reserve policy expectations dramatically. Before the conflict began, traders anticipated at least two quarter-point interest rate reductions this year. Now, according to LSEG data, rate futures suggest the central bank will maintain current levels throughout most of the year. At one point in March, investors even priced in a 50% probability of a rate increase due to conflict-related concerns.
By 3:05 a.m. Eastern Time, Dow futures had fallen 551 points or 1.18%, while S&P 500 futures dropped 86.75 points or 1.31%. Nasdaq 100 futures declined 379 points or 1.57%.
The Russell 2000 index futures, which are particularly sensitive to interest rate changes, fell nearly 2%. The CBOE VIX volatility index, often called Wall Street’s fear gauge, jumped 2.1 points to 26.68. Over the previous two trading sessions, expectations for a quick war resolution had encouraged risk-taking and pushed the VIX to its lowest level in over a week.
Investors sought safety in U.S. dollar assets while traditional safe-haven investments like precious metals experienced declines.
Market attention will also focus on SpaceX developments after reports that Elon Musk’s company has quietly filed for a public stock offering targeting a $1.75 trillion valuation, according to Reuters sources familiar with the matter. Related space industry stocks including Rocket Lab, Planet Labs and Intuitive Machines gained ground Wednesday as investors anticipated renewed sector interest.
Dallas Federal Reserve President Lorie Logan’s scheduled remarks later Thursday will be closely monitored for interest rate guidance, while weekly unemployment claims data precedes Friday’s March employment report. U.S. markets will remain closed Friday for the Good Friday holiday.
TULKARM, West Bank – The Ghanem family huddles in a makeshift shelter with only thin metal sheeting overhead as Iranian missiles streak across the sky above them, a stark reminder of their vulnerability since being forced from their longtime home in a Palestinian refugee camp.
This family represents thousands among approximately 32,000 residents whom Israeli forces removed from their homes across three established refugee settlements in the occupied West Bank during the past year.
Their dangerous circumstances intensified following the February 28 strikes by the United States and Israel against Iran, which left the West Bank exposed to falling wreckage from Iranian missiles destroyed by Israeli defense systems.
“The children were terrified by the sound of the rockets,” explained Madleen Ghanem, who shares a single-room shelter with her four youngest children ages three, eight, 11 and 14, while her older offspring live in separate locations.
Palestinian Civil Defence rescue services report that more than 270 fragments of missile wreckage have crashed into the West Bank since hostilities began.
The contrast with Israel is stark – while bomb shelters are commonplace there, the West Bank offers virtually no protective facilities, leaving families like the Ghanems with nowhere to seek safety.
Although Iran has not been documented as intentionally striking Palestinian areas, four Palestinian women died last month when an Iranian missile struck the West Bank city of Hebron.
“We don’t have shelters, the space where we stay is the same space we hide in. There are no shelters and no place to run to,” Madleen stated.
Israeli military officials did not provide immediate responses to requests for comment.
During early 2025, as a temporary ceasefire with Hamas in Gaza took effect, Israeli forces initiated demolition operations targeting homes and infrastructure in the Tulkarm camp, the adjacent Nur Shams camp, and the Jenin refugee camp throughout the northern West Bank.
Israeli officials justified these operations as necessary to eliminate civilian infrastructure that could potentially be used by militant groups. Human Rights Watch condemned these forced relocations as war crimes and crimes against humanity in a displacement report released last year.
Several members of Israel’s governing coalition have repeatedly advocated for annexing the West Bank, a territory spanning roughly 100 kilometers that Palestinians envision as central to their future sovereign state, alongside Gaza.
Israel points to historical and biblical connections to the West Bank territory, which it occupied during the 1967 conflict.
Before their displacement, the Ghanems occupied a three-story residence within the densely populated Tulkarm camp, where the family’s women had cultivated trees, flowers and climbing vines that adorned their porches for decades.
Areej Ghanem, Madleen’s sister-in-law, recalls Israeli troops forcing entry into their family residence without advance notice during nighttime hours last year.
“We didn’t take clothes, nothing at all. They made us leave. Our father can’t get up or down…He’s an old man, he can’t walk. We left, dragging him,” Areej recounted.
Israeli military representatives did not respond to inquiries regarding the Ghanem family’s specific situation.
Following the destruction of their home along with numerous others in the camp, Areej relocated with her sister, niece and their 89-year-old father Mahmoud Ghanem to a cramped rented room in nearby Tulkarm town.
As the sole income earner working as a domestic worker, Areej supports the family in their small quarters that lack kitchen facilities, forcing her to wash dishes in the bathroom. Financial constraints have prevented them from purchasing meat for over a year.
“Honestly I have no hope for the future. We can’t even provide basic food,” Areej shared.
Separately, Madleen relocated with her husband Ibrahim – Areej’s brother – and their children to another section of Tulkarm, where they had purchased a small parcel of land in 2023, shortly before the Gaza conflict erupted.
Ibrahim previously worked in construction, joining thousands of Palestinians authorized to enter Israel for employment. However, following the Hamas-led attacks in 2023 that triggered the Gaza war, Israel revoked work permits for most Palestinians, leaving Ibrahim without employment since then.
Ibrahim explains that he and his wife sometimes cannot afford cooking gas, instead preparing meals over outdoor fires.
Despite living approximately an hour’s walk from each other, the family attempts weekly gatherings to maintain some sense of normalcy.
During a recent Friday afternoon at a dusty roadside playground, Areej and Madleen laid out a picnic blanket over worn synthetic grass while their children played nearby.
Madleen expressed her dream of completing the house construction they began and hopes the family can eventually reunite in a single home. Areej emphasized that staying together remains the priority.
“Either we die together or we live joyfully together,” she concluded.
Financial markets worldwide experienced significant turbulence Thursday following President Donald Trump’s latest statements regarding ongoing military operations against Iran, dashing investor expectations for a near-term resolution to the conflict.
Trump’s remarks about continuing to target Iranian positions for an additional two to three weeks sent shockwaves through global trading floors, causing stock prices to tumble, oil costs to spike, and investors to flee toward safer assets.
The president indicated that U.S. military objectives in Iran were nearing completion but stopped short of providing a definitive timeline for concluding operations. His announcement that bombing campaigns would persist for several more weeks left market participants deeply unsettled.
Mike Houlahan, director of Electus Financial Ltd in Auckland, expressed skepticism about the president’s address. “I don’t think there was an awful lot in the speech per se, apart from the fact that they’re going to keep bombing for the next two to three weeks,” Houlahan commented.
“That pushes out the resolution timeframe farther,” he added. “The next question is because he’s extended it, confirmed it’s going to take another two to three weeks, does that put added pressure on the fuel supply chain?”
Market participants had previously grown optimistic about a potential conflict resolution following Trump’s earlier weekly comments, which had boosted international equities and weakened the dollar. However, Thursday’s address revealed the harsh reality of an extended military engagement.
This revelation prompted traders who had recently increased their risk exposure to quickly reverse course ahead of the approaching long weekend.
Energy supply disruptions and their inflationary consequences have remained primary concerns for financial markets. Trump’s Wednesday comments failed to clarify whether U.S. military activities might cease before Iran reopens the strategically crucial Strait of Hormuz.
Iran’s control over this essential shipping route has created what analysts describe as the most severe global energy crisis in recorded history. Brent crude futures for June delivery jumped approximately 5% to $106.16 per barrel following the president’s speech.
Matt Simpson, senior market analyst at Stonex in Brisbane, warned of prolonged economic impacts. “With no plans to reopen the Strait of Hormuz that he effectively closed, oil prices are to remain high indefinitely,” Simpson stated, adding that markets must prepare for “the next round of inflation.”
Economic experts suggest Trump’s statements and the prospect of continued oil supply disruptions could heighten concerns about stagflation – the damaging combination of elevated inflation and sluggish economic growth that disrupted markets in March.
Bank of Japan board member Toichiro Asada acknowledged Wednesday that Japan might face stagflation risks from the Iran conflict that would prove difficult to address through monetary policy measures.
Russel Chesler, head of investments and capital markets at Vaneck in Sydney, emphasized the uncertainty driving market volatility. “The key question in all investors’ minds is ‘when is this going to be over?’, that is what is creating the volatility,” Chesler explained.
“We are looking at a situation now where we are getting into a stagflation situation with lower growth and higher inflation expectations,” he added.
Treasury bond yields climbed across Asian markets Thursday amid fears that rising inflation would eliminate any possibility of more accommodative monetary policy. Ten-year note yields increased 5 basis points to 4.376% after Trump’s address.
While analysts anticipate continued market volatility as investors closely monitor developments over the coming weeks, they expect both the U.S. dollar and oil prices to trend higher in the short term as investors adopt defensive positioning.
The dollar, which has strengthened due to safe-haven demand since the conflict began in late February, gained ground against major currencies Thursday, reversing two days of declines.
Carol Kong, currency strategist at Commonwealth Bank of Australia, predicted further dollar strength. “The dollar has already edged a little bit higher … and I think given our expectations for the war to extend into at least June, the dollar can definitely increase further,” Kong said.
“It’s hard to feel optimistic about the end of the war for sure, because ultimately Israel and Iran are the two other parties to the war; it’s not just the U.S.,” she concluded.
San Antonio’s Victor Wembanyama delivered a spectacular performance Wednesday night, scoring 41 points and grabbing 18 rebounds to power the Spurs to a dominant 127-113 victory over the undermanned Golden State Warriors in San Francisco.
The stellar showing helped San Antonio (58-18) secure their 10th straight victory, pulling them within just two games of the Oklahoma City Thunder for the top spot in the Western Conference. Stephon Castle and Julian Champagnie each contributed 15 points to support Wembanyama’s offensive explosion.
Wembanyama’s 41-point outburst came in only 29 minutes of action, equaling his season-best mark from San Antonio’s previous contest against Chicago on Monday. After collecting 16 rebounds in that Bulls game, Wembanyama made franchise history by becoming the first Spurs player ever to post back-to-back games with 40 points and double-digit rebounds.
For Golden State (36-40), Nate Williams paced seven players reaching double figures with 18 points, just one shy of his career best. The loss dropped the Warriors 2.5 games behind Portland in the battle for ninth place in the Western Conference.
In other NBA action, Jaylen Brown exploded for 43 points while Jayson Tatum recorded a triple-double with 25 points, 18 rebounds and 11 assists as Boston demolished Miami 147-129. Sam Hauser connected on five three-pointers and added 23 points for the Celtics, who shot an impressive 58.3% from the field.
Bam Adebayo topped Miami with 29 points and 10 rebounds, while Davion Mitchell chipped in 21 points. The Heat have now dropped eight of their last 10 contests, surrendering at least 121 points in each of those eight defeats.
Paul George established a new high as a Philadelphia player with 39 points, leading the 76ers to a 153-131 rout of Washington despite playing without Joel Embiid. George shot 15-of-22 from the floor and knocked down six three-pointers in 30 minutes of work. Tyrese Maxey contributed 28 points and rookie VJ Edgecombe added 23 as Philadelphia shot a season-best 61.6% from the field.
Anthony Gill paced Washington with 21 points off the bench, including three long-range shots. Will Riley scored 18 and Tristan Vukcevic contributed 17 for the Wizards.
New York snapped a three-game slide with a 130-119 wire-to-wire victory over Memphis, shooting an incredible 70.7% from the floor in the first half. OG Anunoby led the Knicks with 25 points, scoring 17 in the final quarter, while Mikal Bridges added 24 points. Karl-Anthony Towns recorded a triple-double with 20 points, 11 rebounds and 11 assists, with Jalen Brunson sidelined due to a right ankle injury.
Memphis received 20 points from GG Jackson, 17 from Olivier-Maxence Prosper and 15 from Cedric Coward. The injury-ravaged Grizzlies, who had four players on 10-day contracts, have now lost seven of their last eight games and were dominated on the boards 49-20.
Atlanta crushed Orlando 130-101 behind Nickeil Alexander-Walker’s 32 points and a near triple-double from Jalen Johnson. Alexander-Walker shot 11-of-16 overall and 5-of-9 from three-point range as the Hawks captured their third consecutive victory and 18th win in 21 games since the All-Star break. Johnson finished with 18 points, 14 rebounds and eight assists.
Jamal Cain led Orlando with 17 points off the bench, while the Magic were outscored 105-73 after the opening quarter. Franz Wagner returned from a 22-game absence due to a high ankle sprain and scored 12 points.
In Salt Lake City, Jamal Murray tied his career record with 10 three-pointers and scored 37 points as Denver defeated Utah 130-117 for their 10th consecutive victory over the Jazz. Nikola Jokic posted his 196th career triple-double with 15 points, 17 rebounds and 12 assists, while Cameron Johnson added 19 points for the Nuggets’ seventh straight win.
Brice Sensabaugh made six three-pointers and scored 28 points for Utah, with Kyle Filipowski contributing 25 points and 12 rebounds. The Jazz extended their losing streak to seven games and have now lost 19 of their past 22 contests.
Pascal Siakam scored 25 points and rookie Ethan Thompson posted a career-high 24 as Indiana rolled past Chicago 145-126, setting a season-high point total. The Pacers completed a four-game season series sweep of the Bulls while winning back-to-back road games for only the second time this season.
Chicago trailed by as many as 28 points en route to their fifth straight defeat. Guerschon Yabusele led the Bulls with 20 points, while Matas Buzelis recorded 17 points, nine rebounds and six assists.
Reed Sheppard scored 27 points and Alperen Sengun added 25 as Houston held off injury-riddled Milwaukee 119-113 to extend their winning streak to four games. Sheppard connected on a career-high nine three-pointers while Sengun shot 9-for-13 and pulled down nine rebounds.
Despite missing their top six scorers, Milwaukee fought back from a 20-point third-quarter deficit. Ousmane Dieng set career highs with 36 points and 10 assists while adding seven rebounds, Cormac Ryan scored a career-best 25 points, and Pete Nance added 23. Jericho Sims grabbed a career-high 20 rebounds for the Bucks.
DeMar DeRozan and Precious Achiuwa each scored 28 points as Sacramento upset their former team Toronto 123-115. DeRozan tallied 26 of his points in the second half to reach 26,688 career points, passing Dominique Wilkins for 17th place on the NBA’s all-time scoring list. Achiuwa grabbed 19 rebounds as the Kings ended a four-game losing streak.
RJ Barrett and Collin Murray-Boyles each scored 20 points for Toronto, which has lost two in a row. Jakob Poeltl contributed 18 points while Scottie Barnes recorded 14 points and 10 assists.
Financial policymakers around the globe face an unprecedented challenge: attempting to decode the mindset of corporate leaders, union representatives, and everyday consumers as they manage their budgets during another wave of energy price volatility.
Officials are weighing whether to increase borrowing costs to address climbing inflation rates. However, they will only take action if they believe energy price increases stemming from Middle Eastern conflicts will spread throughout the broader economy, pushing up price expectations everywhere.
The challenge lies in the notorious difficulty of accurately measuring these expectations. While monetary authorities have access to numerous surveys, metrics, and indicators, each tool comes with significant limitations or outright flaws.
Following the COVID-19 outbreak, these institutions have created additional instruments to address data collection shortfalls regarding consumer and business behavior. However, gauging expectations continues to be more artistic interpretation than precise methodology.
This uncertainty could make officials more hesitant to raise rates, as they typically avoid decisions based on instinct alone and prefer waiting for additional evidence to minimize the chance of making incorrect policy choices.
POST-2022 BEHAVIORAL SHIFTS
Richmond Federal Reserve Bank President Tom Barkin shared his approach with Reuters: “I try hard to get into the thoughts of price-setters and how they are seeing it – trying to calibrate their confidence in pricing power.”
“The ‘hike’ case would be around inflation expectations starting to finally move,” he explained. “I don’t have a sense that they’ve broken out at this point.”
A key factor complicating matters is evolving behavioral patterns.
During 2022, both consumers and businesses lacked familiarity with accelerating inflation, making their price and wage decisions relatively inflexible.
European Central Bank board member Isabel Schnabel addressed this shift during a university presentation Friday: “But now people have lived through a painful episode of inflation, and this may mean that inflation expectations are more fragile, and so they could be more sensitive to such an energy price shock.”
Before the pandemic, businesses found adjusting their prices to be a complex undertaking, typically limiting such changes to annual reviews. This approach became unsustainable as adjustment frequency increased dramatically, according to Schnabel’s analysis.
This development makes both the frequency and size of price modifications valuable signals that expectations are evolving.
Historically, monetary authorities depended on polling data and market signals to evaluate expectations. However, surveys lack the frequency needed to capture rapid developments, and their timeframes often don’t align with policymaker needs.
Market-based inflation indicators also have limitations because they incorporate additional returns, or risk premiums, that investors require for holding specific securities. These premiums fluctuate with market conditions, obscuring genuine price expectation changes.
The implications are significant: financial markets currently anticipate the ECB will implement two or three rate increases this year, the Bank of England twice, while expectations for Federal Reserve rate reductions in 2026 have disappeared.
INNOVATIVE APPROACHES TO ADDRESS INFORMATION SHORTFALLS
To address these knowledge gaps, central banks have introduced various new analytical tools. They monitor anticipated wage movements, including major labor agreements announced by unions that might influence other salary negotiations.
They conduct direct business surveys and engage with executives to assess expected behaviors, while incorporating increasing numbers of external surveys containing forward-looking data.
Staff members track price change frequency, modify existing surveys to address data shortfalls, and have updated their forecasting models to correct weaknesses that failed to predict 2022’s inflation surge triggered by the pandemic and Ukraine conflict.
Understanding how current inflation pressures differ from those four years ago remains central to their decision-making process.
There appears to be broad agreement that current conditions are fundamentally different.
Borrowing costs are already elevated, government spending is more constrained, labor market flexibility is increasing, and unlike during the pandemic when spending was restricted, households don’t have substantial cash reserves.
Bank of England Governor Andrew Bailey explained to Reuters: “We’re coming into this situation with the gradual disinflation that we were having, the labour market is softening (and) growth is a little bit below potential.”
“And one of the consistent messages we get from businesses is, for most sectors of the economy, a real lack of pricing power.”
Utilizing their improved analytical capabilities, central banks currently maintain confidence that long-term inflation expectations remain stable near their established targets.
However, prolonged conflict will keep energy costs elevated, and as consumers experience rising everyday expenses like gasoline, inflation expectations become more likely to increase. The precise timing of this shift remains unclear, leaving officials to rely on their own judgment.
ECB policymaker Primoz Dolenc summarized the challenge: “Economics itself is not an exact science. It’s of course based on analytics but by definition there is also a perception and judgment element.”
WELLINGTON, New Zealand — Medical examiners have confirmed that a former professional rugby player from New Zealand who took his own life last year was suffering from severe chronic traumatic encephalopathy, a degenerative brain condition caused by repeated head trauma.
Coroner Ian Telford revealed the findings Thursday during preliminary proceedings examining the death of Shane Christie, who was 39 when he died in August.
The brain condition, known as CTE, gradually destroys brain tissue and can trigger mood disorders, reckless behavior, and severe depression. Medical professionals can only identify the disease through examination after death.
Christie had represented New Zealand Maori and suspected he was battling CTE. He became an advocate for better awareness of the condition following the suicide of his close friend Billy Guyton, another professional rugby player.
Similar brain abnormalities have been connected to deaths among National Football League athletes and competitors in hockey and soccer.
Those close to Christie expressed that he wished for his medical results to be shared publicly to help educate other athletes experiencing similar symptoms.
The former Crusaders and Highlanders Super Rugby player stepped away from the sport in 2018 due to ongoing complications from multiple head injuries.
According to the coroner, pathologist Dr. Clinton Turner determined Christie had chronic traumatic encephalopathy at an advanced level. Turner conducts research at the University of Auckland brain research facility, where both Guyton and Christie had arranged to donate their brain tissue.
The coroner emphasized that Turner’s findings represent medical opinion, and that Christie’s official cause of death will be established through the formal investigation process.
New Zealand Rugby’s chief executive Steve Lancaster acknowledged to local media that his organization understands the connection between repetitive head trauma and CTE, calling it a serious concern.
“New Zealand Rugby acknowledges the CTE pathology results for Shane Christie confirmed by The Neurological Foundation Human Brain Bank. We also acknowledge and respect the role of the coroner to determine the nature of any inquiry they may hold examining the cause and circumstances of Shane’s passing,” Lancaster stated.
“We share the concerns about the potential long-term effects of repeated head knocks in rugby and support the need for ongoing research into this,” he added.
BASRA, Iraq — What were once bustling Iraqi oil facilities filled with workers have become nearly empty landscapes. Shipping terminals that formerly hummed with commercial activity now sit quiet, with only the gentle sound of water lapping against empty docks.
Four weeks into the Iranian conflict, employees at petroleum facilities and shipping terminals throughout Basra province—which handles nearly all of Iraq’s crude oil production and shipments—have become familiar with missiles flying overhead toward American military installations and other strategic targets.
The conflict, which started with strikes by U.S. and Israeli forces, is severely damaging Iraq’s financial foundation. The nation depends on petroleum income for approximately 90% of its government funding, and the majority of its crude oil moves through the Strait of Hormuz, the crucial Persian Gulf passage where Iran has essentially blocked commercial shipping during the fighting. The conflict has also dramatically reduced imported merchandise arriving at Iraq’s southern shipping facilities, while military strikes have shut down movement along the Iranian border.
Iraq finds itself in a unique position among Middle Eastern nations affected by the war, hosting both deeply embedded pro-Iranian forces and substantial American interests, making it vulnerable to strikes from either side. Since hostilities began, petroleum output in Iraq’s southern region has plummeted more than 70%, while imported goods reaching the nation’s ports have been reduced by half. Unmanned aircraft and rocket strikes have hit American corporations and military installations. Iranian-backed Iraqi militias have also attacked petroleum facilities and energy infrastructure. Numerous international workers have evacuated.
Financial experts believe the Iraqi government has sufficient reserves to operate until mid-May without fresh oil income, but will need to seek loans after that point.
“After that, the government would resort to issuing bonds,” said Ahmed Tabaqchali, an expert in Iraq’s economy. “But not without consequences.”
Throughout southern Iraq, the Strait of Hormuz blockade has forced petroleum facilities to reduce output and prioritize domestic requirements, while global oil costs have increased. The Zubair oil field near Basra, previously generating approximately 400,000 barrels daily, has experienced production falling to about 250,000, according to officials.
Iran has provided guarantees that Iraqi petroleum can move safely through the strait, according to Bassem Abdul Karim, who leads the government-operated Basra Oil Company overseeing provincial production. Nevertheless, since Iraq doesn’t own its shipping vessels and relies on leased tankers, deliveries depend entirely on whether ship operators will accept the increased dangers of the voyage. Most refuse.
At a processing facility in Zubair where crude oil is refined, operations have also slowed significantly. “It’s quiet now because of the reductions,” said chief engineer Ammar Hashim. “Of course we are worried.”
The slowdown at Zubair mirrors a widespread decline throughout Basra. Production has fallen from 3.1 million barrels daily to approximately 900,000 across the entire province, Abdul Karim reported.
“Exports are currently completely halted. At the moment, we are considering alternative loading areas, but none are fully operational,” he told The Associated Press.
That same day, an unmanned aircraft crashed at the Majnoon oil field north of Basra without exploding. A security official described this as an increasingly frequent event, noting the drone was probably targeting American bases in Kuwait. Operations at the facility have been suspended because of how often these incidents occur. The official requested anonymity since he wasn’t authorized to speak with reporters.
Hundreds of workers from American, British, Italian, French and other international petroleum companies have departed Iraq because of the war. The exodus intensified following a March 6 drone attack on the Burjisiya complex in Basra, a vital logistics center for Iraq’s oil sector used by multiple companies. The assault targeted American oil services firm KBR, hitting its chemical storage area.
Another drone hit the British Petroleum-managed Rumaila oil field, causing some foreign personnel to evacuate, Abdul Karim said. The facility continues operating, he noted. On Wednesday, several drones struck a fuel storage facility connected to BP in northern Iraq.
Attempts to redirect Iraq’s oil face significant obstacles: The nation lacks capacity to increase shipments through its northern pipeline, and truck transport through Jordan and Syria is expensive and ineffective, Abdul Karim explained.
Umm Qasr, Iraq’s main deep-water shipping facility, was previously so loud with cargo operations that it could cause headaches, workers recalled.
Currently, with the Strait of Hormuz blocked, large cargo vessels bringing supplies to Iraq cannot reach the port. Instead, they dock in the United Arab Emirates, where merchandise is transported by trucks and smaller vessels to reach Umm Qasr—an expensive alternative.
The facility’s loading areas are operating far below previous levels, with cargo volumes cut in half by the war, according to port director Mohammed Tahir Fadhil.
During the AP’s visit, only one cargo vessel from the U.A.E. was docked.
The danger to shipping routes increased after Iran sank two tankers on March 11 in Iraqi waters—the Marshall Islands-registered Safesea Vishnu and the Malta-registered Zefyros.
“Today, our only gateway for goods is the United Arab Emirates,” said Farhan Fartousi, director of the Iraqi Ports Company.
Sunday morning found Haidar Abdul-Samad, assistant director of Basra’s Shalamcha border crossing with Iran, speaking by phone with an Iranian official, protesting power outages that had stopped trade and requesting immediate repairs. The electrical failures followed an airstrike that damaged the Iranian side of the crossing.
Local officials say such interruptions have become commonplace.
Before the conflict, the crossing experienced continuous activity, reflecting strong family and business connections between Iranians and Iraqis in the region. It also serves as an important route for merchants and religious pilgrims traveling to Shiite sacred sites in central Iraq.
That morning, trucks were lined up for miles.
“Priority is given to food supplies to prevent price increases,” Abdul-Samad said. “Passenger movement is not at the same level as before; activity has declined due to the war in Iran.”
After power was restored, 30-year-old Iranian merchant Atefa Al-Fatlawi arrived with her husband and young son. She purchases merchandise at reduced prices in Basra to sell back home.
“We are scared because of the bombings,” she said. “Shalamcha was targeted. Today, there were no transport vehicles at the garage because of the attack.”
KAJIADO, Kenya — During her school break, 19-year-old Valerie Wairimu doesn’t have a moment to spare. She quickly grabs something to eat before heading to the on-campus nursery that sets Kenya’s Greenland Girls School apart from any other educational institution in the country.
At the nursery, a group of caregivers hand over her baby son Kayden, allowing Wairimu to nurse him before returning to her afternoon classes.
Greenland Girls School stands as Kenya’s sole educational facility specifically designed for teenage mothers, providing care for their children while the young women pursue their studies. The institution serves 310 students and more than 80 children ranging from newborns to toddlers, offering these families an opportunity to continue their education in an environment free from judgment — something education specialists view as an exemplary approach to bringing young mothers back into the classroom.
“When I found that I was pregnant, I didn’t have anywhere else to go,” said Wairimu, who has placed near the top of her class in exams at Greenland and hopes to become a doctor.
Established in 2015 as a residential facility, the institution has successfully guided hundreds of young women through their secondary education while providing support for their children. Many graduates have advanced to prominent careers in fields such as government service and healthcare.
The nonprofit organization Shining Hope for Communities operates the facility, with numerous students receiving financial assistance through scholarship programs.
Most enrolled students originate from Kajiado County, located south of Nairobi, where the school maintains a team of community outreach workers who identify and refer expectant mothers to the program.
The institution has also established connections with social service agencies and educators throughout Kenya, including remote western regions like Wairimu’s hometown. Coming from a household led by a single father with a younger sibling, she lacked the resources to support a newborn. Her grandmother learned about the school and arranged for Wairimu’s enrollment.
A significant portion of the student body comes from challenging circumstances, with some pregnancies resulting from sexual violence or arranged marriages.
According to Paul Mukilya, the school’s administrative manager, families frequently withhold support, leaving outreach staff to negotiate with local community leaders for permission to enroll students.
“Some of the challenges which the students encounter are the family and the community. Most of them have failed to accept them the way they are,” Mukilya said. “When they come here, we take them through psychological counseling and mentorship.”
Kenyan law prohibits sexual activity involving anyone under 18, though the legal framework only holds males criminally responsible. Underage pregnancies frequently result in court proceedings, and Greenland assists its students while coordinating with law enforcement, particularly in situations involving child marriage.
During classroom hours, the school’s staff assumes responsibility for childcare while providing guidance and support to the young mothers.
“Some of the mothers view their children as a burden,” said Caroline Mumbai, a caregiver at Greenland who has two children of her own. “So we also teach them how to mother.”
Ensuring educational access for teenage mothers presents a significant challenge in Kenya, particularly as the nation grapples with a rapidly expanding youth demographic. Government statistics indicate that more than 125,000 babies born in 2024 were delivered by mothers under 19 years old.
Research conducted by the Population Council, a health and development organization, revealed in 2015 that two-thirds of teenage mothers identified pregnancy as their primary reason for leaving school. More recent 2022 findings by research group IDinsight showed that unplanned pregnancy ranked as the second-leading factor preventing girls from returning to education, surpassed only by financial constraints.
To address growing demand from Kenya’s coastal areas, Greenland Girls School plans to launch a second location in Kilifi County.
“Every girl who gets pregnant and drops out during their school time must be allowed reentry,” said Dr. Githinji Gitahi, chief executive of development agency Amref Health Africa. “Special schools are important in supplementing the general scalable policy framework. We should focus on these schools that are helping to close the equity gap.”
Students at Greenland express gratitude for an atmosphere that eliminates social stigma and promotes academic achievement.
“People used to judge me because I got pregnant,” said Mary Wanjiku, 20, whose son is almost 18 months old. She now hopes to become a lawyer.
“The moment I came here, I was received with love,” she said.
COPENHAGEN, Denmark (AP) — Marine archaeologists working in Copenhagen Harbor have located the remains of a Danish warship that went down more than two centuries ago during a fierce battle with Admiral Horatio Nelson’s British naval forces.
Divers are racing against time to excavate the wreckage of the Dannebroge, working through thick mud and near-zero visibility conditions 49 feet below the surface. The excavation site will soon become part of a massive housing development project along Denmark’s coastline.
Denmark’s Viking Ship Museum, overseeing the extensive underwater dig, revealed their discovery on Thursday – marking exactly 225 years since the 1801 Battle of Copenhagen took place.
“It’s a big part of the Danish national feeling,” said Morten Johansen, the museum’s head of maritime archaeology.
While much has been documented about the historic confrontation “by very enthusiastic spectators, but we actually don’t know how it was to be onboard a ship being shot to pieces by English warships and some of that story we can probably learn from seeing the wreck,” Johansen explained.
During the Battle of Copenhagen, Nelson’s British forces launched an assault on Denmark’s naval defenses that had formed a protective barrier around the harbor entrance.
The devastating maritime confrontation lasted several hours and resulted in thousands of casualties, earning recognition as one of Nelson’s most significant victories. Britain’s goal was to break up Denmark’s participation in a coalition that included Russia, Prussia and Sweden.
The Danish flagship Dannebroge, under the command of Commodore Olfert Fischer, found itself at the heart of the intense fighting.
Nelson’s forces concentrated their attack on the 157-foot vessel. Artillery bombardment devastated the ship’s upper sections before explosive rounds ignited fires throughout the vessel.
“(It was) a nightmare to be on board one of these ships,” Johansen noted. “When a cannonball hits a ship, it’s not the cannonball that does the most damage to the crew, it’s wooden splinters flying everywhere, very much like grenade debris.”
The confrontation reportedly gave rise to the expression “to turn a blind eye.” Nelson, who had lost vision in his right eye, allegedly stated after choosing to disregard orders from a commanding officer: “I have only one eye, I have a right to be blind sometimes.”
Nelson ultimately proposed a temporary halt to fighting, and Denmark’s Crown Prince Frederik later agreed to end hostilities.
The badly damaged Dannebroge floated northward before a massive explosion destroyed what remained. Historical accounts describe the blast as creating thunderous noise that echoed throughout Copenhagen.
Underwater excavation teams have recovered two artillery pieces, military clothing, rank insignia, footwear, glass containers and even a portion of a sailor’s jawbone – possibly belonging to one of 19 crew members still listed as missing from that fateful day.
The archaeological site will eventually be covered by construction activities for Lynetteholm, an ambitious development plan to create a new residential area within Copenhagen Harbor, with completion scheduled for 2070.
Maritime archaeology teams started surveying the location in late 2023, focusing on an area believed to correspond with historical records of the flagship’s final resting place.
Researchers confirm that recovered timber dimensions align with historical ship blueprints. Tree ring analysis of the wood samples corresponds to the vessel’s original construction date. The excavation area contains numerous cannonballs, creating additional challenges for divers working through murky water filled with disturbed sediment.
“Sometimes you can’t see anything, and then you really have to just feel your way, look with your fingers instead of with your eyes,” explained diver and maritime archaeologist Marie Jonsson.
The 1801 naval engagement has become a cornerstone of Danish historical identity, documented extensively in literature and artwork.
Research teams believe their findings could provide fresh perspectives on this pivotal moment in Scandinavian history while revealing intimate details about the individuals who participated in the battle two and a quarter centuries ago.
“There are bottles, there are ceramics, and even pieces of basketry,” Jonsson observed. “You get closer to the people onboard.”
WELLINGTON, New Zealand — A defense and security agreement signed Thursday between New Zealand and Cook Islands has resolved more than a year of diplomatic friction stemming from the smaller nation’s growing relationship with China.
The diplomatic dispute that led Wellington to temporarily halt millions in aid funding to Avarua may have involved nations of vastly different sizes — New Zealand’s 5 million residents versus Cook Islands’ 15,000 — but Pacific region watchers closely followed the standoff as it highlighted the challenging position facing small island nations. These countries must navigate between longstanding Western partnerships with nations like New Zealand and Australia while considering new opportunities from Beijing.
Under the newly signed declaration, Cook Islands committed to making New Zealand its “partner of choice regarding defense and security matters,” effectively eliminating Wellington’s concerns about China potentially filling that role. New Zealand Foreign Minister Winston Peters stated the agreement addressed “ambiguity” in the two nations’ existing relationship.
The tensions began in February 2025 when Cook Islands Prime Minister Mark Brown signed a comprehensive strategic partnership with China during a Beijing visit, causing concern in Wellington after Brown declined to share the agreement’s details beforehand. New Zealand officials worried this refusal could create security risks. Cook Islands operates as a self-governing territory under a 60-year free association arrangement with New Zealand, meaning New Zealand provides military protection while Cook Islands citizens can freely live and work in New Zealand.
This relationship requires Cook Islands leadership to consult Wellington on international agreements that might impact New Zealand’s interests. Brown justified his decision to keep the China deal private, arguing disclosure wasn’t required under existing agreements with Wellington.
New Zealand, serving as Cook Islands’ primary financial supporter, suspended millions in aid during the dispute, though this represented only a portion of total Wellington funding. Peters announced during his Thursday visit to Cook Islands that this assistance would resume following the signing of the new accord.
“This declaration seeks to remove previous ambiguity about the nature of the relationship between New Zealand and the Cook Islands, especially as it pertains to defense and security,” Peters stated.
Cook Islands, consisting of 15 islands scattered across the South Pacific, represents one of numerous small regional nations receiving attention from Beijing through aid offers, loans, and development deals designed to expand Chinese influence. The sparsely inhabited South Pacific holds strategic significance, and many countries there, including Cook Islands, control extensive and valuable exclusive economic zones where Brown is investigating deep-sea mineral extraction possibilities.
“The strategic environment we face is more complex and contested today than at any other point since New Zealand and the Cook Islands formed our free association relationship in 1965,” Peters said Thursday.
The China agreements particularly troubled Wellington because Cook Islanders carry New Zealand passports, raising security concerns. In October 2024, Brown suggested creating separate Cook Islands passports, though he later abandoned this idea after stating New Zealand had “bared its teeth” over the proposal.
“It’s no secret that our two governments have had a series of serious disagreements since late 2024,” Peters acknowledged Thursday.
When questioned about how the New Zealand-Cook Islands declaration affects the earlier Beijing agreement — which addressed deep-sea mining, infrastructure development, and educational scholarships without explicit security components — both leaders deflected. Brown told reporters the New Zealand agreement wouldn’t impact his country’s other international partnerships.
However, New Zealand would serve as “our first port of call on anything to do with defense and security,” Brown confirmed.
Eastern Libya’s military commander Khalifa Haftar has obtained what experts identify as Chinese and Turkish combat drones, violating a United Nations weapons embargo that has been in effect since 2011, according to new Reuters reporting.
Satellite imagery reveals at least three unmanned aircraft stationed at Al Khadim airbase, positioned approximately 62 miles east of Benghazi in the desert. The drones appeared at the facility between late April and December, marking the first time their presence has been disclosed publicly.
Three weapons specialists who examined the satellite photographs confirmed that ground control equipment for operating the aircraft remained visible into this year.
During Libya’s civil conflict from 2014 to 2020, drone warfare became a defining feature as Haftar’s Libyan National Army attempted to remove the UN-backed government in Tripoli. Haftar justified his campaign by claiming the western administration was sheltering armed militias and extremist groups, allegations the government rejected.
The conflict drew international involvement, with UAE, Egypt and Russia backing Haftar’s forces while Turkey supported the Tripoli administration, according to UN investigators. China maintained neutrality during the fighting.
Although the opposing sides reached a ceasefire agreement in 2020, Libya continues to operate under divided rule, with Haftar controlling the east and Prime Minister Abdulhamid Dbeibah’s government governing from Tripoli in the west.
Anas El Gomati, director of the Sadeq Institute, a Libyan research organization, described the new drone acquisitions as potentially “a huge symbolic win” for Haftar. The weapons would strengthen his control over eastern Libya and significant southern oil facilities while enhancing his position in talks aimed at establishing a unified national government.
El Gomati suggested the drones could also protect supply routes to Sudan’s Rapid Support Forces militia, though Haftar has rejected claims of supporting that group.
A critical question remains unanswered, according to Gomati, who noted that Haftar’s forces lack the technical knowledge to operate such advanced equipment. “The question remains: who’s operating them?” he told Reuters.
Weapons experts who analyzed the satellite images identified one drone as likely being a Chinese-manufactured Feilong-1, an advanced surveillance and attack aircraft. The remaining two appear to be less powerful Turkish-made Bayraktar TB2 drones, though experts acknowledged other models couldn’t be completely ruled out.
Reuters was unable to determine the source of the drones or their delivery timeline. The Libyan National Army, Chinese and Turkish governments, and the manufacturers – Xi’an-based Zhongtian Feilong and Istanbul-based Baykar – did not respond to detailed inquiries. The Tripoli government also declined to comment.
The news organization could not confirm whether China, Turkey or other UN member nations requested exemptions to supply drones to eastern Libya. The Security Council committee responsible for handling such requests did not answer questions about the aircraft.
The UN peacekeeping department referenced a Security Council resolution from last year expressing serious concerns about ongoing embargo violations. The embargo requires UN approval for all weapons transfers to Libya.
The arms restrictions were implemented in 2011 following a NATO-supported uprising that removed longtime leader Muammar Gaddafi. However, sophisticated military equipment continued flowing into the country during subsequent fighting, with UN monitors noting that Libya became Africa’s first major battlefield for drone warfare.
While current tensions have decreased, evidence suggests both sides are working to strengthen their air capabilities, according to five Libya analysts, weapons experts and UN investigators.
In December, the LNA signed a $4 billion military equipment agreement with Pakistan, including JF-17 fighter aircraft developed in partnership with China, as Reuters previously reported.
Pakistani officials maintained the agreement didn’t violate the embargo, though UN sanctions officials and Pakistan’s foreign and defense ministries haven’t responded to questions about these claims.
The new Chinese and Turkish drones would significantly enhance LNA capabilities following the 2020 removal of Chinese-made Wing Loong II drones that had been stationed at Al Khadim, as documented by UN investigators.
The UAE, viewing Haftar as protection against Islamist organizations, assisted in building LNA air power, including supplying and “most probably” operating the Wing Loong aircraft, according to a 2017 UN panel report.
Abu Dhabi has consistently denied providing military assistance to the LNA. The UAE foreign ministry didn’t respond to questions regarding the new drones.
Turkey provided the UN-recognized government with TB2 drones and air defense systems that helped repel Haftar’s 2020 Tripoli offensive, creating a stalemate that largely continues today.
The air power balance shifted further toward Tripoli in October 2022 when the western government agreed to acquire more advanced Turkish Bayraktar Akinci drones, capable of carrying nearly triple the payload and reaching higher altitudes than Wing Loong II aircraft.
However, Turkish-Haftar relations have recently improved as Ankara seeks to protect economic and energy interests in Libya and secure eastern parliament approval of a controversial 2019 maritime boundaries agreement with western authorities.
Ibrahim Kalin, Turkey’s National Intelligence Organization chief, met with Haftar and his son Saddam in Benghazi last August to explore enhanced cooperation on intelligence and security issues, according to an LNA statement.
Saddam, serving as LNA deputy commander, visited Ankara three times last year for meetings with senior officials including Defense Minister Yasar Guler. Turkey’s defense ministry characterized its LNA engagement as progress toward a “unified Libya.”
Reuters couldn’t establish whether these discussions included drone provisions.
Satellite imagery shows a previously unseen drone type appeared at Al Khadim between late April and July last year, parked outside a hangar on the northern section. The same aircraft also appeared on the runway in a May 3 image from Vantor, a U.S. satellite company, suggesting active use, according to Wim Zwijnenburg, a military technology expert with Dutch peace organization PAX.
While the aircraft’s dimensions and shape resemble a Wing Loong II, the wing configuration suggests it’s more likely a Feilong-1, Zwijnenburg explained. Jeremy Binnie from defense intelligence firm Janes and Joseph Dempsey from London’s International Institute for Strategic Studies agreed with this assessment.
Limited available photographs and lack of previous satellite imagery make definitive identification challenging.
A new protective shelter was constructed in November over the drone’s parking location, which Binnie suggested might explain its absence from later imagery. A truck carrying satellite equipment, likely used for aircraft control, remained near the area as recently as January 12.
Justyna Gudzowska, executive director of watchdog organization The Sentry, said Haftar has apparently sought Chinese military drones for years, citing international law enforcement operations targeting sanctions violations.
Chinese drones were connected to two alleged attempts to smuggle unauthorized military equipment into eastern Libya since 2019, according to U.S., Canadian and Italian investigators.
In June 2024, Italian authorities acting on U.S. intelligence seized drone components traveling from China to Benghazi. UN experts who examined the parts determined they matched components from two Feilong-1 drones, concluding the model falls under embargo restrictions, according to a draft 2025 panel report reviewed by Reuters.
China has disputed the parts’ military classification, previously informing the UN panel they appeared to come from a discontinued model used for emergency rescue and disaster response operations.
Two smaller drones appeared on the same Al Khadim section in a December 17 Vantor image. Their length, wingspan and twin-boom tail configuration match Turkish TB2 drones, said Dempsey, who brought the image to Reuters’ attention.
The model gained recognition when Ukraine deployed them against Russian invasion forces and has been exported to numerous countries, including the UAE.
Defense manufacturers in China, UAE and Belarus have also produced similar-appearing models. However, two ground control units with distinctive double-antenna configurations, visible in satellite imagery between July and March, strongly indicate TB2 operations in the area, all three experts agreed.
California-based Planet Labs satellite images show Al Khadim has undergone extensive renovations since early last year, including addition of at least three new hangars in the area where drones were observed.
Another structure under construction in the analyzed images is likely designed for “stationing and launching of Turkish Bayraktar UAVs,” according to the UN panel’s draft report.
Russian forces, who use Libya as a base for operations across West and Central Africa, maintain a presence at Al Khadim. However, experts who spoke with Reuters don’t believe they’re operating the drones in the imagery.
Baykar CEO Haluk Bayraktar told CNN in a 2022 interview that his company would never provide drones to Russia because “we support Ukraine, support its sovereignty.”
While Moscow is known to use some Chinese-made surveillance drones and components, there’s no record of it deploying fully assembled Chinese combat drones, military expert Zwijnenburg noted.
Russia’s defense and foreign ministries didn’t respond to comment requests.
One year after President Donald Trump implemented his comprehensive ‘Liberation Day’ tariff package, the American dollar has demonstrated remarkable recovery, bolstering its reputation as a safe investment amid ongoing Middle Eastern warfare.
During the first quarter of this year, the dollar climbed approximately 1.6%, marking its strongest three-month period since the end of 2024. This surge stems largely from America’s position as an energy-producing nation and investors seeking secure assets during uncertain times.
The current strength presents a dramatic turnaround from twelve months ago, when Trump’s tariff implementation triggered significant dollar weakness. At that time, markets responded negatively to increased trade policy uncertainty, the president’s criticism of Federal Reserve actions, and his distancing from international partnerships and global organizations.
Last year proved particularly challenging for the greenback, with the dollar index – which compares the currency’s value against major international currencies – dropping nearly 10%. This decline represented the currency’s poorest annual showing since 2017.
Despite the recent recovery in early 2026, financial experts caution that the dollar continues facing long-term downward forces, while questions persist regarding its dominant role in international commerce and financial markets.
International monetary authorities are closely monitoring central bank reserve holdings for indicators that nations might be reducing their dollar dependency. Recent International Monetary Fund data covering the fourth quarter of 2025 shows a continued gradual decrease in the dollar’s portion of worldwide foreign exchange reserves.
This declining share has been a gradual trend over recent years, with the euro and Chinese yuan appearing to benefit most from the dollar’s challenges. Nevertheless, experts don’t anticipate the dollar losing its status as the primary global reserve currency anytime soon, given America’s continued leadership in worldwide economic activity, international trade, and debt markets. The recent changes remain too modest to significantly impact the dollar’s overall dominance.
Foreign investment patterns also play a crucial role in dollar strength. International investors hold substantially more American assets than U.S. investors possess overseas, reflecting years of foreign capital flowing into the United States that has supported currency strength. Any reduction in this investment flow could potentially weaken the dollar’s position.
South Korean President Lee Jae Myung called on lawmakers Thursday to swiftly approve an emergency spending package worth 26.2 trillion won, equivalent to $17.3 billion, as the nation faces what he described as an unprecedented energy security crisis stemming from Middle East conflicts.
Speaking to parliament in a nationally broadcast address, Lee warned that energy supply disruptions will persist long after current hostilities end. “Even if the war ends tomorrow, it will take a considerable period of time for the destroyed energy infrastructure facilities in the Middle East to be restored and supplies to run as smoothly as before,” the president stated.
Legislative leaders anticipate the emergency budget will receive parliamentary approval by April 10th. Once lawmakers give their backing, government officials plan to begin implementing the economic support measures immediately.
In one of the most surprising upsets of the NHL season, the Vancouver Canucks managed to defeat the Colorado Avalanche 8-6 in Denver Wednesday night, despite nearly surrendering a commanding four-goal advantage.
Brock Boeser led the charge for Vancouver with his seventh regular-season hat trick while also contributing an assist. The victory marked a season-high scoring performance for the Canucks (22-44-8, 52 points), who snapped a six-game losing streak against the league’s top team.
Teddy Blueger found the net twice for Vancouver, while Marcus Pettersson tallied one goal and two assists. Max Sasson chipped in with a goal and assist, Jake DeBrusk also scored, and both Drew O’Connor and Marco Rossi recorded two assists each.
Goaltender Kevin Lankinen made 24 saves for the Canucks, who currently sit at the bottom of the NHL standings with the fewest points. Meanwhile, Colorado holds the league’s best record with 108 points.
The Avalanche (49-15-10, 108 points) mounted an impressive comeback from a 6-2 deficit, eventually tying the game when Sam Malinski netted his second goal of the evening at the 13:58 mark of the third period. However, Pettersson responded just 23 seconds later, and Boeser sealed the victory with an empty-net goal at 18:31.
Nathan MacKinnon reached a milestone for Colorado, scoring his league-leading 50th goal of the season. Malinski also registered an assist, Brent Burns contributed a goal and assist, and Gabriel Landeskog and Parker Kelly added goals for the Avalanche.
In other NHL action, Trevor Moore scored 1:56 into overtime to give Los Angeles a 2-1 victory over visiting St. Louis. Adrian Kempe scored in regulation and Anton Forsberg stopped 23 shots as the Kings jumped into the second wild-card position in the Western Conference, leapfrogging Nashville.
Robert Thomas scored for St. Louis, which has now lost consecutive games after a four-game winning streak. Jordan Binnington made 24 saves in the losing effort.
San Jose completed a dramatic comeback against visiting Anaheim, winning 4-3 on goals by Macklin Celebrini and Alexander Wennberg in the final two minutes. After pulling goalie Yaroslav Askarov for an extra attacker, Celebrini tied the game 3-3 with 1:39 remaining on a wrist shot from above the left circle, marking his 40th goal of the season. Wennberg then scored the winner from the high slot off a Celebrini pass with 31 seconds left.
Celebrini finished with two goals and two assists, Will Smith had a goal and two assists, and Askarov made 28 saves for San Jose, which sits one point behind the West’s second wild-card spot. For Anaheim, which leads the Pacific Division, Ryan Poehling, Alex Killorn and Troy Terry scored, Drew Helleson had two assists, and Lukas Dostal stopped 17 shots.
A specialized company that provides crisis intervention services for major artificial intelligence platforms is working on groundbreaking technology to identify and help users displaying signs of violent extremism.
ThroughLine, a New Zealand-based startup that currently assists ChatGPT’s parent company OpenAI, along with competitors Anthropic and Google, plans to expand beyond its existing mental health crisis support to tackle radicalization concerns.
The company’s founder, Elliot Taylor, a former youth worker who operates from rural New Zealand, revealed the initiative comes as AI firms face mounting pressure over safety issues and legal challenges for allegedly failing to prevent violence.
“It’s something that we’d like to move toward and to do a better job of covering and then to be able to better support platforms,” Taylor explained during a recent interview, though he noted no timeline has been established for the project.
The development follows a February incident where OpenAI faced potential government intervention from Canada after disclosing that someone who committed a fatal school shooting had been banned from their platform without notifying authorities.
ThroughLine currently manages an extensive network of 1,600 crisis helplines across 180 countries, which are continuously monitored and updated. When AI systems detect indicators of potential mental health emergencies, self-harm risks, domestic violence situations, or eating disorders, users are automatically connected to ThroughLine’s services and matched with nearby human-operated support resources.
The proposed anti-extremism solution is being developed in partnership with The Christchurch Call, an organization established following New Zealand’s deadliest terrorist incident in 2019 to eliminate online hatred. This collaboration would involve the anti-extremism organization providing expert guidance while ThroughLine creates the intervention technology.
According to Taylor, the new system would likely combine a specially trained chatbot designed to respond to individuals showing extremist tendencies with connections to real-world mental health professionals.
“We’re not using the training data of a base LLM,” Taylor clarified, referring to the standard datasets that large language model platforms use to generate text. “We’re working with the correct experts.”
Galen Lamphere-Englund, who serves as a counterterrorism advisor for The Christchurch Call, expressed optimism about expanding the tool’s use to gaming forum moderators and parents seeking to identify online extremism.
Henry Fraser, an artificial intelligence researcher at Queensland University of Technology, praised the concept as both beneficial and essential, noting it addresses relationship dynamics rather than just problematic content.
However, Fraser cautioned that success would depend on “how good are follow-up mechanisms and how good are the structures and relationships that they direct people into at addressing the problem.”
Taylor acknowledged that follow-up procedures, including potential notifications to law enforcement about dangerous users, remain undetermined but would consider risks of escalating harmful behavior.
He emphasized that individuals in crisis often share information online that they would be too embarrassed to discuss with another person, warning that government pressure on platforms to disconnect users engaging in sensitive conversations could worsen situations.
Research from New York University’s Stern Center for Business and Human Rights indicates that increased platform moderation under law enforcement pressure has driven extremist sympathizers to less regulated alternatives like Telegram.
“If you talk to an AI and disclose the crisis and it shuts down the conversation, no one knows that happened, and that person might still be without support,” Taylor warned.
OpenAI confirmed their partnership with ThroughLine but declined additional comment. Anthropic and Google have not yet responded to requests for information about the initiative.
NAIROBI, Kenya (AP) — In the early morning hours within the cramped pathways of Mathare, a sprawling settlement in Kenya’s capital city, Agnes Mbesa switches on a lone light bulb suspended from her metal ceiling. The mother of three previously depended on smoky kerosene lamps for years. Today, electrical power illuminates her dwelling and operates the modest retail business she operates from her front porch.
“Before the power came, we closed early because it was too dark,” Mbesa said. “Now people come even at night, and I can earn something.”
Several hundred kilometers away in the western Kenyan village of Sori, fisherman Samuel Oketch shares a comparable account. When a solar mini-grid system arrived in his community, he purchased a freezer to preserve his daily catch. Fish that previously required immediate sale at reduced prices can now be kept fresh and transported to neighboring markets.
“These small changes mean a lot,” Oketch said. “Electricity gives us options. My wife can now sell (fish) without being taken advantage of by brokers who had the freezers.”
These stories of electrification supported by charitable organizations and government funding demonstrate how expanding energy access can revolutionize daily life and enhance economic opportunities. Over 730 million individuals globally remain without electrical power, with approximately 600 million residing in Africa. Insufficient access limits healthcare delivery, educational advancement, digital connections and employment opportunities.
Fresh financial commitments seek to speed up advancement. In March, the European Investment Bank committed over $1.15 billion toward renewable energy developments throughout sub-Saharan Africa, encompassing hydroelectric, solar, wind and electrical grid expansion projects.
“This funding is Europe’s commitment to provide cleaner, more affordable, and reliable energy for hundreds of millions of people in Africa,” said European Investment Bank President Nadia Calviño.
The Rockefeller Foundation also revealed in March during the Africa Energy Indaba conference in Cape Town, South Africa, its plan to contribute an additional $10 million supporting electrification efforts in no fewer than 15 African nations. These funds will be distributed through the Global Energy Alliance for People and Planet to bolster national programs and assist government policy changes.
“African governments are choosing to transform their energy sectors by committing to national energy compacts and investing in African-led solutions,” said William Asiko, senior vice president at the Rockefeller Foundation.
These investments back the Mission 300 program spearheaded by the World Bank and African Development Bank, targeting electrical connections for 300 million sub-Saharan African residents by 2030 using grid extensions and decentralized approaches like mini-grids and independent solar systems. Throughout much of Africa, where national power grids frequently prove unreliable, mini-grids have become a crucial alternative. These compact, community-based networks, usually solar or hybrid-powered, produce and deliver electricity within local areas.
Independent systems, in contrast, function autonomously at individual household levels. These encompass standalone solar packages that supply direct power access, helping close electricity shortfalls in distant and underserved regions.
The program provides governments in Malawi and Liberia with technical guidance to advance national energy strategies, extend transmission infrastructure and enhance distribution system reliability and effectiveness. Work in Côte d’Ivoire, Nigeria, and Senegal incorporates local currency funding and collective purchasing assistance.
Andrew Herscowitz, CEO of the Mission 300 Accelerator at RF Catalytic Capital, emphasized that expanding access requires ongoing funding and enhanced implementation capabilities, including better monitoring and more coordinated support to speed connections.
“Energy access is key to unlocking human potential and economic development,” Herscowitz said.
Kenya has obtained funding since 2017 from the World Bank, African Development Bank and partners through Mission 300 to advance its Last Mile Connectivity initiative, which focuses on households near existing electrical equipment, especially in countryside areas and informal communities, while working toward complete electricity coverage by 2030. Countryside access increased to roughly 68% in 2023 from slightly under 7% in 2010.
Throughout eastern and southern Africa, where only approximately 48% of residents and 26% in rural regions have electrical access, World Bank initiatives plan to expand coverage in up to 20 nations over the coming seven years through renewable energy developments.
Mbesa, the Mathare shop owner, received electrical service in 2021 through the Last Mile Connectivity Project. The program offered no-cost connections to households and small enterprises situated near transformers, with sponsors covering the typical $115 connection charge. In more isolated locations like Oketch’s village, the project included independent solutions, such as mini-grids and solar installations, to serve communities outside the national grid.
For Mbesa, the transformation is unmistakable. The single light fixture over her shop has lengthened her business day and enabled her children to complete homework after dark.
“Electricity changes everything,” she said. “Once you have it, life starts moving forward.”
New Castle County police have activated a Gold Alert as they search for a 61-year-old Newark resident who vanished earlier this week.
Mark Kreider disappeared from the 1300 block of Coventry Lane on Sunday, March 29, 2026, at approximately 11:00 a.m., according to the New Castle County Division of Police.
Law enforcement officials report they have conducted thorough search operations but have not been able to locate Kreider or establish contact with him. Police indicate they have growing concerns about his safety and well-being.
Gold Alerts are typically issued for missing adults who may be in danger due to age, health conditions, or other circumstances that make them vulnerable.
Anyone with information about Mark Kreider’s whereabouts is urged to contact the New Castle County Division of Police immediately.