International development organizations have released a sobering assessment indicating that worldwide food insecurity will continue at alarming levels throughout 2026, as armed conflicts, climate-related droughts, and decreased international assistance create a perfect storm for hunger.
The latest edition of the Global Report on Food Crises, marking its tenth year of tracking worldwide hunger patterns, reveals that severe food shortages have increased twofold during the past ten years. For the first time since the report began, two regions – Gaza and Sudan – were officially classified as experiencing famine conditions in 2025.
The comprehensive study documented that 266 million individuals across 47 nations and territories experienced dangerous levels of food shortage during 2025, while 1.4 million people endured the most extreme hunger conditions in Haiti, Mali, Gaza, South Sudan, Sudan and Yemen.
The crisis has particularly impacted children, with 35.5 million young people worldwide suffering from acute malnutrition in 2025 alone. Nearly 10 million of these children faced the most severe form of nutritional deficiency.
Examining current conditions, the assessment indicates that crisis-level hunger persists, with only Haiti showing signs of potential improvement from the most catastrophic category due to modest security gains and expanded humanitarian support.
Alvaro Lario, who leads the U.N. International Fund for Agricultural Development and contributes to the annual assessment, emphasized the evolving nature of the crisis. “We are no longer seeing just temporary shocks, but persistent shocks over time,” Lario stated.
He further explained to Reuters: “The main message is that food insecurity is not an isolated issue anymore, but is putting pressure on global stability.”
The ongoing U.S.-Israeli conflict with Iran has intensified concerns about food security, according to Lario. He cautioned that extended disruptions to energy and fertilizer markets could impact global food systems and intensify hunger in nations that rely heavily on food imports and are already experiencing crises.
“Even if the conflict in the Middle East were to end right now, we know that a lot of the food price shocks and inflation will happen in the next six months,” he explained.
Beyond Middle Eastern tensions, West African nations and the Sahel region face continued challenges from violence and ongoing price increases, with Nigeria, Mali, Niger and Burkina Faso expected to experience particular difficulties.
Nigeria specifically is anticipated to witness one of the most significant rises in food insecurity during 2026, with projections showing 4.1 million additional people will face acute hunger.
In East Africa, insufficient rainfall throughout much of the Horn of Africa region is expected to intensify hardships in Somalia and Kenya, where drought conditions, security threats, elevated food costs and diminished humanitarian support are likely to create deteriorating circumstances.
The report also highlighted concerning trends in international funding, noting that humanitarian and development financing for food-related programs dropped significantly in 2025 and is expected to decline further.
Financial support for humanitarian food initiatives is estimated to have decreased by approximately 39% in the previous year compared to 2024 figures, while development aid contracted by no less than 15%.
Indonesia’s finance minister confirmed Friday that the nation has abandoned any consideration of charging fees to vessels navigating through the Malacca Strait, following international concern over earlier remarks about monetizing the crucial shipping corridor.
Finance Minister Purbaya Yudhi Sadewa reinforced a statement made Thursday by Indonesia’s foreign minister, emphasizing that the Southeast Asian nation will not implement any tariff system for the strategic waterway.
During a Friday press briefing, Purbaya stated that Indonesia remains committed to following the United Nations Convention on the Law of the Sea (UNCLOS), which establishes international guidelines for maritime passages used by global shipping.
The clarification came after Purbaya created international concern Wednesday when he publicly discussed potential methods for countries to charge vessel fees in the strait, though he had noted such arrangements would not be feasible.
The controversy emerged as Asian policymakers grapple with maritime security challenges following the effective shutdown of the Strait of Hormuz in the Middle East, raising concerns about other critical shipping passages.
The Malacca Strait spans 900 kilometers (550 miles) and borders Indonesia, Thailand, Malaysia and Singapore. The U.S. Energy Administration has designated it as the world’s largest “oil transit chokepoint,” serving as the most direct maritime route connecting East Asia with the Middle East and Europe.
According to data from Malaysia’s Marine Department, more than 102,500 vessels—primarily commercial ships—passed through the Malacca Strait in 2025, representing an increase from approximately 94,300 ships in 2024.
French President Emmanuel Macron and German Chancellor Friedrich Merz have instructed their defense departments to move ahead with a troubled European fighter jet initiative worth $116 billion, according to government officials.
The ambitious military aviation program, which includes Spain as a partner, has faced serious obstacles due to public disagreements between France’s Dassault Aviation and Airbus over who should lead the massive undertaking.
When a journalist questioned whether the FCAS program had failed, Macron responded firmly. “No, not at all,” the French leader stated during an EU summit in Cyprus, where he had met with Merz to address the issue.
“We had a good discussion this morning with the chancellor, and we gave a mandate to our defence ministries to work precisely on several areas, on a range of different issues,” Macron explained. “Not just the future combat aircraft, but various levers of cooperation between our two countries.”
A representative from the German government verified that the two leaders had discussed the matter.
“The Chancellor and the President instructed their defence ministers to continue working on various areas of cooperation and to agree on the next steps. This work will be completed in the coming weeks,” the spokesperson confirmed.
Earlier this week, defense officials from both nations presented conflicting schedules for resolving the fighter jet program’s future, with some suggesting an immediate decision while others requested additional time for negotiations.
The central conflict revolves around which country will oversee the primary fighter aircraft component of a comprehensive system designed to connect manned aircraft with armed drones through advanced digital technology.
Industry experts have anticipated that Germany and France might scale back their joint fighter development while maintaining collaboration on drone technology and the digital infrastructure that would link various military assets including aircraft, unmanned vehicles, and ground-based radar systems. However, abandoning the original plan would create political difficulties for Macron.
German luxury automaker Porsche has completed the sale of its ownership interests in high-end car manufacturers Bugatti and Rimac to an investment consortium headed by a United States-based fund, according to a Friday announcement from one of the purchasing investors.
The transaction involves Porsche selling off a 45% ownership share in Bugatti Rimac, the partnership that houses the legendary Italian brand, along with a 20.6% interest in Rimac Group, according to BlueFive Capital, which participated in the acquisition.
Although BlueFive Capital chose not to reveal the transaction’s dollar amount, Reuters previously reported that Croatia-based Rimac carried a valuation exceeding 2 billion euros, equivalent to approximately $2.34 billion.
“In setting up the joint venture Bugatti Rimac together with Rimac Group, we successfully laid the foundation for Bugatti’s future,” Porsche CEO Michael Leiters stated in the announcement. “Now, with the sale of our stake, we are focusing Porsche on the core business.”
The divestiture comes as Porsche faces mounting financial pressures and the need to reduce expenses while freeing up investment capital.
Porsche AG established the partnership with Rimac during 2021, when the German manufacturer’s former chief executive Oliver Blume promoted the arrangement as combining Bugatti’s hypercar manufacturing excellence with Rimac’s cutting-edge electric vehicle technology.
However, Porsche has since become a financial challenge for its parent company Volkswagen, experiencing a dramatic decline in profit margins that plummeted to just 1.1% in the previous year, compared to 14.1% in 2024. The company has struggled with U.S. trade tariffs and declining sales in the Chinese market.
Leiters, who assumed the chief executive role at the start of this year, now faces significant pressure to implement cost reductions and generate additional capital.
Rimac announced in November that discussions were underway with Porsche regarding the joint venture’s organizational structure.
BlueFive Capital, which manages $15 billion in assets, confirmed Friday that it joined the investment group led by HOF Capital, a U.S.-based fund co-established by Onsi Sawiris.
BlueFive Capital began operations in November 2024 and maintains offices throughout the Gulf region, London, and Beijing, providing private equity, real estate, infrastructure, and financial services to wealthy individuals, institutions, and retail investors.
Following the transaction’s completion, Rimac Group will assume control of Bugatti Rimac and establish a strategic alliance with BlueFive Capital and HOF Capital to facilitate ongoing expansion, according to BlueFive Capital’s statement.
Three major Texas cities face the potential loss of nearly $150 million in state funding after Governor Greg Abbott issued an ultimatum regarding cooperation with federal immigration authorities.
Abbott has warned Houston, Dallas, and Austin that they must modify their police departments’ current policies for working with Immigration and Customs Enforcement or risk having their state grants revoked.
The governor’s demand puts significant financial pressure on the cities, as the threatened funding represents a substantial portion of their state assistance.
Federal officials have announced an immediate reclassification of medical marijuana under national drug scheduling laws, moving it into a category with reduced restrictions.
The directive from the Trump administration marks a significant shift in how the United States handles cannabis policy at the federal level, representing what many consider a landmark change in the nation’s approach to marijuana regulation.
The rescheduling affects medical cannabis specifically, placing it under less stringent federal oversight than it previously faced under current classification systems.
Cannabis industry officials are analyzing the potential consequences of federal marijuana rescheduling for both patients and businesses nationwide. NPR host Michel Martin recently spoke with Gillian Schauer, who serves as executive director of the Cannabis Regulators Association, about what immediate changes consumers and the industry might expect.
The conversation centered on how shifts in federal cannabis classification could reshape the landscape for medical marijuana users and the companies that serve them. Industry leaders are closely monitoring these developments as they could significantly alter how cannabis is regulated and accessed across the country.
A chance encounter at a park bench has blossomed into a meaningful friendship between two women who understand each other’s grief.
Both women, having experienced the loss of their spouses, found comfort and companionship in an unexpected place. What started as a simple meeting on a park bench has developed into a bond that helps them navigate life after loss.
The women spoke about how their friendship began and how it has provided them with support during difficult times. Their story highlights how connections can form in the most ordinary places, bringing people together when they need it most.
Their experience demonstrates the power of shared understanding and how strangers can become sources of strength for one another during life’s most challenging moments.
Destructive blazes continue ravaging communities across South Georgia, where flames have consumed close to 90 residential properties. The ongoing fires show no signs of slowing as they tear through the drought-stricken region.
Months of deteriorating dry conditions have created a perfect storm for fire activity, allowing flames to rapidly advance across the parched landscape. The extended period without adequate rainfall has left vegetation extremely vulnerable to ignition and has hampered firefighting efforts throughout the area.
European Union officials will develop a comprehensive plan for the bloc’s mutual defense agreement following concerns about America’s dedication to NATO, according to announcements made during a summit in Cyprus this week.
The decision comes as President Donald Trump’s recent criticism of NATO over the Iran conflict, combined with his earlier threats to take control of Greenland from Denmark, has prompted European leaders to strengthen their own security arrangements.
Cyprus President Nikos Christodoulides announced that EU leaders reached consensus during Thursday evening’s summit to create detailed procedures for Article 42.7, the union’s mutual assistance provision.
“We agreed last night that the (European) Commission will prepare a blueprint on how we respond in case a member state triggers Article 42.7. There are a number of questions that we need to have an answer to,” Christodoulides said.
The EU’s mutual assistance agreement differs significantly from NATO’s Article 5 collective defense provision, which serves as Europe’s primary security foundation and includes detailed military planning and operational structures.
France remains the only nation to invoke the EU clause, doing so following the 2015 Paris terrorist attacks that claimed 130 lives. Member countries responded by contributing to EU and international military operations, allowing France to redeploy its forces.
Cyprus has particular interest in strengthening Article 42.7 after a drone attack targeted a British military installation on the island during last month’s Iran conflict. The nation, which currently leads the rotating EU Council presidency, does not belong to NATO.
However, several EU member states worry about appearing to distance themselves from NATO and its established Article 5 defense framework.
“For me it is an absolutely crucial thing that Article 5 is the key of our collective defence and collective security and it will remain so,” Lithuania’s President Gitanas Nauseda told reporters on Thursday.
Article 42.7 of the Treaty on the European Union states that “if a Member State is the victim of armed aggression on its territory, the other Member States shall have towards it an obligation of aid and assistance by all means in their power.”
“Let’s say France triggers Article 42.7. Which countries are going to be the first to respond to the request of the French government, what are the needs of the government or the country that triggers Article 42.7? All those will be put in a blueprint,” Christodoulides said.
EU foreign policy chief Kaja Kallas provided leaders with updates on current efforts to develop Article 42.7 procedures during the summit, according to EU sources.
“NATO remains the bedrock of collective defence,” said the official, speaking on condition of anonymity. “But the EU has tools available that are complementary to NATO – such as sanctions, financial assistance and humanitarian aid – which could come into play in an Article 42.7 situation.”
Kallas’ team is examining various scenarios including hybrid warfare, traditional military attacks, and situations where both Article 42.7 and NATO’s Article 5 might be activated simultaneously, the official added.
BEIJING – Chinese foreign ministry officials on Friday dismissed President Donald Trump’s suggestion that a recently seized Iranian cargo vessel contained materials provided by Beijing.
U.S. forces opened fire on and captured an Iranian-flagged cargo ship that attempted to bypass American enforcement of sanctions at Iranian ports. Iranian military officials confirmed the vessel had departed from China and promised to respond to what they characterized as “armed piracy by the U.S. military.”
During a Tuesday interview with CNBC, Trump suggested the intercepted ship “had some things on it, which wasn’t very nice. A gift from China perhaps, I don’t know.”
Beijing’s foreign ministry dismissed those remarks during Friday’s briefing.
“China opposes any accusations and associations that lack a factual basis,” ministry spokesperson Guo Jiakun told reporters in Beijing.
“Normal international trade relations between countries should not be subject to interference and disruption,” he added.
The cargo vessel Touska was boarded and captured by American forces on Sunday. Maritime security experts indicated Monday that the ship likely carried what U.S. officials consider dual-use materials that could potentially serve military purposes.
Japan’s biggest investment banking firm Nomura Holdings delivered consecutive record-breaking annual earnings and stated that Middle East conflicts involving the U.S., Israel and Iran haven’t caused lasting disruption to fundamental growth drivers in Japan’s domestic market.
The Tokyo-based financial services company has spent several years shifting its strategy toward steady fee-generating revenue streams that remain more stable during volatile market periods.
“Markets have been favourable up to now, but there are various risk factors at present,” Chief Financial Officer Hiroyuki Moriuchi said at a briefing.
“For M&A and equity capital markets, some decision making may be held up, but looking at the mid- to long-term, the structural challenges facing Japanese companies, such as a declining population and overseas expansion aims, are unaffected by the situation in the Middle East,” Moriuchi explained.
The investment bank’s quarterly earnings from January through March increased 3% compared to the previous year, reaching 73.9 billion yen, equivalent to $462.60 million. Annual profits climbed to 362.1 billion yen from the prior year’s 340.7 billion yen.
Nomura holds a leading position in Japan’s wealth management sector, supported by a solid foundation of consistent fee income. The company also gained from transaction fees created by market fluctuations during the quarter.
The firm’s wholesale operations, encompassing investment banking and trading activities, achieved its strongest annual revenue performance since launching in April 2010.
A Chinese artificial intelligence company that caused global market turbulence last year has unveiled preview editions of its newest major technology upgrade on Friday, intensifying the competitive battle between China and the United States in the AI sector.
The V4 release from DeepSeek has been eagerly awaited by technology enthusiasts wanting to evaluate its performance against leading American AI systems including OpenAI’s ChatGPT, Anthropic’s Claude, and Google’s Gemini. Both Anthropic and OpenAI have previously claimed that DeepSeek improperly developed its technology using their innovations.
Technology industry experts had predicted the new model would debut over a month ago during the beginning of the Lunar New Year celebrations.
According to DeepSeek, the newly released V4 open-source models come in both “pro” and “flash” editions, featuring significant enhancements in knowledge processing, logical reasoning, and autonomous task execution capabilities – the ability to handle complex operations and workflows independently.
This V4 system follows the V3 model that DeepSeek introduced in the final months of 2024.
However, it was DeepSeek’s specialized reasoning AI system, known as R1, that surprised financial markets when it launched in January 2025. The company maintained it offered better cost efficiency than OpenAI’s comparable model and became representative of China’s progress in matching American technological innovation.
DeepSeek stated that its “V4 Pro Max” edition demonstrates “superior performance” on standard reasoning evaluations compared to OpenAI’s GPT-5.2 model and Google’s Gemini 3.0-Pro. The company acknowledged it performs “marginally” below GPT-5.4 and Gemini 3.1-Pro levels.
Regarding autonomous capabilities, the Chinese firm claimed its V4 “pro” edition could surpass Claude’s Sonnet 4.5 and nearly matches Claude’s Opus 4.5 model according to their internal testing.
The “flash” edition of V4 matches the “pro” version’s performance on basic automated tasks and demonstrates reasoning abilities that closely approach it, DeepSeek reported.
“Based on the benchmark results, it does appear DeepSeek V4 is going to be very competitive against its U.S. rivals,” said Lian Jye Su, chief analyst at the technology research and advisory group Omdia.
Marina Zhang, an associate professor at the University of Technology Sydney, described DeepSeek’s V4 launch as a “pivotal milestone for China’s AI industry”, particularly as worldwide competition grows more intense in the race for technological independence in essential technologies.
DeepSeek provides a free web-based and mobile chatbot service. Unlike leading models from Anthropic, Google and OpenAI, it characterizes its technology as “open source” by allowing developers access to modify and expand upon its fundamental technology.
Both V4 editions feature a 1 million token context window, which measures how much data an AI model can process and remember, and operate more efficiently, the company announced. This represents a substantial advancement from previous versions, as the V3 supported only a 128,000 token context window.
A Microsoft report from January revealed that DeepSeek usage has been expanding across numerous developing countries.
Nevertheless, some experts remain doubtful. Ivan Su, a senior equity analyst at Morningstar, described V4 as a “competent” successor but noted it doesn’t represent as significant an advancement as the R1 launch.
“Domestic competition has intensified significantly since R1’s release,” Su said. “Against U.S. models, DeepSeek’s own evaluation suggests its capabilities largely match on most fronts, but independent evaluations are needed before final conclusions can be drawn.”
In February, Anthropic accused DeepSeek and two additional China-based AI companies of conducting “industrial-scale campaigns” to “illicitly extract Claude’s capabilities to improve their own models.” The company said they accomplished this through a method called distillation that “involves training a less capable model on the outputs of a stronger one.” OpenAI made comparable accusations in correspondence to U.S. lawmakers.
This week, Michael Kratsios, chief science and technology adviser to U.S. President Donald Trump, also accused foreign technology companies “principally based in China” of distilling leading U.S. AI systems and “exploiting American expertise and innovation.”
China’s embassy in Washington responded to the accusations, calling them “unjustified suppression of Chinese companies by the U.S.”
Listen to the Morning Delmarva Farm Report Update — April 24, 2026
DELMARVA — Grape growers across Delmarva are counting losses after 2 consecutive nights of freezing temperatures delivered a devastating blow to vineyards this week. Winery operators are reporting extensive damage to grape crops, with early assessments suggesting lasting effects on regional wine production.
Agricultural experts say the timing was particularly damaging, as many vineyards were in vulnerable growth stages when the freeze struck. The impact extends beyond individual farms, raising concerns about the broader regional wine industry that has grown significantly in recent years.
Markets
Grain futures showed mixed results Thursday. Wheat prices jumped on drought concerns and rising input costs, while soybeans dropped on profit-taking and technical selling.
At Laurel Grain Company in Laurel, Delaware, corn for May delivery is bringing $5.06 a bushel. December corn is at $5.00 even. Soybeans for May are at $11.23, and November beans are bringing $11.06.
Livestock
Poultry producers are being urged to strengthen pest control practices. Dr. Alissa Welsher with Elanco Animal Health says effective management starts with proper facility maintenance, including picking up organic material, cleaning feed spillage, and drying up standing water.
Forecast
Expect mostly sunny skies Friday with a high near 66°F. There’s a slight chance of rain showers late this afternoon. East winds 5 to 15 miles per hour. Tonight brings a chance of light rain with lows around 49°F. Rain becomes likely Saturday with a high near 56°F.
This article is based on the Delmarva Farm Report Update Morning Edition, April 24, 2026. Hosted by Tom Bradley.
DUBAI, United Arab Emirates — Floating naval mines threatening oil vessels in the Persian Gulf. Iranian patrol boats spraying ships with automatic weapons fire in the Strait of Hormuz. The United States caught in the crossfire.
These scenes aren’t from today’s tense standoff between Iran and America, currently on hold due to an unstable ceasefire. Rather, they describe the “Tanker War” of the 1980s, when Iran attacked commercial shipping during its conflict with Iraq, prompting American warships to provide protection for Kuwaiti oil vessels to maintain global crude supplies.
America might consider adopting a similar approach today and take more forceful action to safeguard vessels traveling through the waterway, which handles 20% of global oil and natural gas shipments during normal times. The military provided limited ship protection in the Red Sea recently for vessels under attack, and President Donald Trump announced this week he has directed American forces to “shoot and kill” Iranian small craft.
However, implementing escort operations in the Strait of Hormuz would present significant challenges. Military capabilities have evolved dramatically since the “Tanker War.” America lacks the same focused, specific objectives it maintained during the 1980s conflict. Additionally, international shipping companies might not trust American naval protection given the U.S. is now directly involved in combat.
The American Navy has extensive experience dealing with small vessel strategies employed by Iran’s paramilitary Revolutionary Guard, which has adapted to international economic restrictions limiting access to military ships by converting smaller civilian craft for warfare.
The Guard has spent years using boats comparable in size to small fishing vessels to track American aircraft carriers transiting the strait. Rather than carrying fishing equipment, these craft typically mount Soviet-era heavy machine guns on their front sections along with small rocket systems on top.
Iran captured two commercial ships this week using these small boats. Guard footage showed their personnel on patrol craft that appeared tiny next to the enormous container vessels. Guard members fired weapons at the cargo ships before boarding them while carrying automatic rifles.
Apart from their publicity impact, these captures demonstrated that nearly two months into hostilities with America and Israel, despite an American naval blockade of Iranian shores, the Guard can utilize minimal resources to effectively close the strait and threaten the global economy.
The “Tanker War” emerged from the brutal eight-year conflict between Iraq and Iran during the 1980s.
Iraq initially struck Iranian oil facilities and tankers in the Persian Gulf. Iran eventually launched its own systematic campaign against regional shipping, including deploying mines.
Iraq would ultimately strike more than 280 ships compared to Iran’s 168, according to the U.S. Naval Institute. However, Iran’s mine deployment created widespread chaos in the area.
America, which backed Iraqi leader Saddam Hussein with intelligence, weapons and other support, initiated “Operation Earnest Will” and began protecting Kuwaiti oil tankers that were redesignated under American flags.
The mission carried significant risks. The Kuwaiti supertanker Bridgeton hit a mine while under American protection at the operation’s beginning. An Iraqi missile attack on the USS Stark resulted in 37 sailor deaths, while an Iranian mine strike injured 10 aboard the USS Samuel B. Roberts. America also mistakenly identified a passenger aircraft as a military jet and destroyed it, killing all 290 passengers and crew on Iran Air flight 655.
Despite these difficulties, the “Tanker War” operation achieved success as Navy vessels escorted approximately 70 convoys through the region.
Repeating such success today would prove extremely challenging.
America would need to ensure it could establish a protective barrier that Iran couldn’t breach — a demanding task since even a single Iranian missile, drone or boat attack would restore the anxiety currently affecting the strait.
“I think even if you compare it with the ‘Tanker War,’ I think just in terms of the way military technology has evolved, especially on that asymmetrical side, it’s much more difficult to secure a waterway now than it was then,” said Torbjorn Soltvedt, an analyst with risk intelligence company Verisk Maplecroft.
“Unless there is some sort of agreement or unless the U.S. can significantly curb Iran’s ability to launch fast boats, to launch drones, to launch short-range missiles, then this problem just remains unresolved.”
This explains why European nations, despite Trump administration pressure, have stated they won’t participate in ship escort missions until hostilities end.
The Reagan administration also maintained more limited, defined objectives in its Cold War operation, such as keeping the strait open, according to Tom Duffy, a former U.S. diplomat and naval officer.
“In contrast, the American goals (now) have been sort of a kaleidoscope of regime change to all sorts of very maximalist goals,” said Duffy, who recently published a book called “Tanker War in the Gulf.”
Recently, the American Navy provided limited protection for ships traveling through the Red Sea passage to shield them from attacks by Yemen’s Iranian-supported Houthi rebels. However, the Navy concentrated on American-flagged vessels or those transporting supplies for the U.S. government.
During those missions, the Navy encountered its most severe maritime combat since World War II. Using military force to secure safe passage through the Strait of Hormuz could result in similarly fierce fighting.
Duffy observed that it remains unclear whether the Trump administration even desires such a confrontation.
“There’s a White House statement this week in which we said that the ceasefire is not in jeopardy because they aren’t attacking U.S. and Israeli ships. That’s a fundamental shift,” he said. “That goes past centuries of U.S. practice and statements about the needs for freedom of the sea.”
JAKARTA, Indonesia (AP) — Celebration erupted across Indonesia’s capital Friday as community members, municipal employees, and environmental activists pulled massive nets filled with invasive suckermouth catfish from a city reservoir during a major crackdown on the destructive species.
Officials aim to extract a minimum of 10 tons of these unwanted fish from Jakarta’s water systems, hoping the initiative will help restore ecological balance to the Ciliwung River while drawing public focus to water quality issues.
Throughout the contaminated waterway and along concrete barriers near downtown’s towering buildings, dark silhouettes of these fish attach themselves firmly to river walls. Upon closer inspection, they look almost ancient, featuring armored frames that shine a muted brown color under the cloudy water.
These suckermouth catfish, scientifically called Pterygoplichthys and known locally as ‘sapu-sapu,’ originated outside Indonesia. Brought in years ago for home aquariums due to their algae-eating capabilities, they eventually escaped into Jakarta’s heavily contaminated rivers where they flourished. These creatures can reach lengths of 50 centimeters (nearly 20 inches) and survive 10-15 years.
Scientists have repeatedly cautioned that uncontrolled invasive species populations can upset freshwater environments, especially in crowded metropolitan regions like Jakarta.
Dian Rosleine, an environmental scientist from the Bandung Institute of Technology, explained that these fish demonstrate remarkable adaptability, thriving in polluted environments where native species cannot survive.
‘So, these fish are biological indicators that the water is in poor condition,’ she said.
The Ciliwung previously transported pristine water from West Java’s mountains into Jakarta. Currently, it winds through crowded residential areas, collecting untreated domestic sewage and factory discharge. Concrete barriers have replaced natural riverbanks. When dry seasons arrive, warmer and slower water creates ideal conditions for janitor fish while harming native species, according to Rosleine.
Jakarta officials have launched widespread removal efforts, focusing on these invasive fish throughout municipal waterways. The initiative started last week.
The removal campaign, directed by Jakarta Governor Pramono Anung, occurred simultaneously across all five administrative districts of the capital, involving hundreds of workers including firefighters, emergency personnel, and local volunteers. Teams have captured and disposed of more than seven tons of janitor fish citywide within one week.
Friday’s cleanup at a 6-meter-deep (19-foot-deep) water reservoir in East Jakarta’s Ciracas district attracted interested onlookers as municipal crews gathered approximately 320 kilograms (705 pounds) of the invasive species.
Stacks of squirming janitor fish filled red containers beside the reservoir — concrete evidence that meaningful action was finally underway.
‘The janitor fish populations have reproduced at a notable level while also feeding on native species,’ East Jakarta’s mayor, Munjirin, told reporters during Friday’s cleanup visit. ‘The impact extends beyond ecosystem destruction, contributing to structural damage to riverbank and embankment walls.’
Munjirin, who follows the Indonesian custom of using one name, stated that this coordinated effort begins a long-term strategy to manage the species, with regular surveillance and removal scheduled to prevent additional environmental harm.
Nevertheless, he promised to reassess the program’s approach after the Indonesian Ulema Council, or MUI, expressed concerns about apparent cruelty, guaranteeing that all fish will be deceased before disposal.
While supporting the cleanup, MUI’s religious ruling commission cautioned that burying living janitor fish constitutes a breach of animal welfare principles established in Islamic teachings.
Officials remain careful about future steps. Although janitor fish provide food in certain nations, worries about heavy metal pollution mean they cannot be immediately cleared for human consumption in Jakarta. Instead, authorities are investigating options including converting the fish into livestock feed or soil enhancement products.
Anung stated that the disposal process will mandate killing the fish before burial at approved locations, with sanitary protocols implemented to prevent their return to waterways or commercial markets.
The Jakarta governor observed that buried janitor fish can function as organic fertilizer and recommended following Brazil’s approach, where the fish become charcoal to create greater economic value.
However, scientists warn that removal represents just the beginning. Without enhancing sewage treatment and decreasing contamination, the river may rapidly return to previous conditions.
‘The Ciliwung River requires rehabilitation, our major challenge that must be addressed,’ Rosleine said. ‘Addressing the symptoms without tackling the root causes will not provide a lasting solution.’
TOKYO (AP) — Celebrated Japanese novelist Haruki Murakami is breaking new ground with his upcoming release, which will be his first full-length work to spotlight a female lead character as she navigates her way through an extraordinary and puzzling reality.
Set for release on July 3 in both printed and electronic editions, “The Tale of KAHO” follows the journey of Kaho, a 26-year-old who creates children’s picture books.
This upcoming release represents Murakami’s return to novel-writing after a three-year hiatus. His last work, “The City and Its Uncertain Walls,” told the story of a man’s quest through themes of romance, grief, and the blurred lines separating reality from the unconscious mind.
According to a Thursday announcement from Shinchosha Publishing Co., Kaho represents the first solitary female lead to anchor a complete novel in Murakami’s body of work.
The novel’s origins trace back to a brief story called “Kaho,” which Murakami performed during a literary event at Waseda University — where he studied — two years ago. He shared the stage with acclaimed female writer Mieko Kawakami, who is known to admire his writing. This initial story appeared in Shincho magazine’s June 2024 issue.
The protagonist Kaho possesses ordinary appearance and intellect but maintains an inquisitive nature. During a meal with a male companion, he delivers a shocking statement: “I’ve never seen one as ugly as you.” Rather than becoming angry, the puzzled and curious Kaho seeks to decode the meaning behind his words.
Following this encounter, strange occurrences begin infiltrating her daily existence.
A promotional preview from the publishing house declares: “I must find the way out of this world,” adding that “Murakami world is in full force.”
Since then, Murakami has continued the character’s story through three additional installments in Shincho magazine, with the most recent appearing in March. These pieces include “The Anteater of Musashi-sakai,” “Kaho and the Termite Queen,” and “Kaho and the Motorcycle Man, and Scarlett Johansson.”
Philip Gabriel provided the English translation of the initial story for The New Yorker magazine’s 2024 publication.
According to the publisher, Murakami has woven these four segments together and breathed fresh energy into them for this 352-page novel.
KATHMANDU, Nepal — Hundreds of mountaineers hoping to conquer Mount Everest find themselves stuck at base camp after a dangerous ice formation has blocked their path up the world’s tallest mountain, Nepalese officials announced Friday.
The unstable ice formation, known as a serac, sits between base camp and the first climbing camp and poses significant danger to anyone attempting to pass, according to Himal Gautam from Nepal’s Department of Mountaineering.
Government officials are collaborating with climbing teams and expedition leaders to evaluate the dangerous conditions while hundreds of mountaineers and their guides remain stranded, unable to continue their ascent.
The mountaineering department has granted climbing permits to 410 international adventurers seeking to reach Everest’s summit during this spring’s climbing window, which concludes at May’s end.
Specialized climbing guides known as “Icefall Doctors” typically complete the annual route preparation by mid-April, installing ropes and placing aluminum ladders across dangerous gaps in the ice.
The Sagarmatha Pollution Control Committee, responsible for deploying the route-setting team, intends to examine the ice formation from the air. “The risk of avalanche is high and they are waiting for the serac to melt down on its own to a safe level,” stated committee Chairman Lama Kazi Sherpa.
This ice formation belongs to the notorious Khumbu Icefall, a continuously moving glacier filled with deep cracks and enormous overhanging ice structures that can tower as high as ten-story buildings. Climbers regard this section as among the most challenging and dangerous parts of the entire Everest ascent.
A similar ice collapse in 2014 triggered a devastating avalanche that claimed the lives of 16 Sherpa guides who were transporting client equipment up the mountain, marking one of Mount Everest’s most tragic climbing disasters.
Next month, hundreds of international climbers along with approximately the same number of Nepalese guides and support staff plan to attempt the summit during brief periods of suitable weather conditions.
Since New Zealander Edmund Hillary and Sherpa guide Tenzing Norgay first successfully climbed the 8,849-meter (29,032-foot) peak on May 29, 1953, thousands of people have reached Everest’s summit.
The crisis between the United States and Iran reached new heights Friday following President Donald Trump’s directive to American forces to fire upon Iranian small vessels in the Strait of Hormuz, as Iranian officials rejected Trump’s assertions about internal political divisions within their country.
Iranian President Masoud Pezeshkian and Parliament Speaker Mohammad Bagher Qalibaf responded with nearly matching posts on social media, stating: “In Iran there are no ‘hardliners’ or ‘moderates’. We are all Iranians and revolutionaries.”
Following the death of Supreme Leader Ali Khamenei during the initial military action on February 28, questions remain about which Iranian officials now hold ultimate power among the nation’s civilian leadership and military commanders who currently appear to be running the country.
Trump announced Thursday night that Israel and Lebanon have agreed to a three-week extension of the ceasefire between Israeli forces and Hezbollah following discussions at the White House.
The ongoing conflict has brought oil exports through the Strait of Hormuz to a virtual halt, blocking a waterway that typically handles one-fifth of global oil trade during normal conditions, with no resolution appearing imminent.
European Union foreign policy leader Kaja Kallas warned Friday that current peace talks between Washington and Tehran could result in a less effective deal than agreements reached ten years ago.
Speaking from Cyprus, Kallas said: “If the talks are only about the nuclear (issue) and there are no nuclear experts around the table, then we will end up with an agreement that is weaker than the JCPoA was,” referencing the 2015 nuclear accord from the Obama era that Trump withdrew from in 2018.
Kallas emphasized that without addressing Iran’s “missile programs, their support to proxies, and also hybrid and cyber activities in Europe,” negotiators risk creating “a more dangerous Iran.”
Meanwhile, Turkish officials reported that a humanitarian supply convoy departed for Iran on Friday, according to Turkey’s official Anadolu news service.
Van Health Director Muhammed Tosun confirmed that six trucks left the eastern Turkish city of Van to cross at the Gurbulak border checkpoint.
“The materials include medicines and medical supplies,” Tosun explained.
“We previously sent three trucks. With today’s trucks, a total of nine trucks of aid materials will have been delivered to our Iranian colleagues to serve their citizens,” he added.
WARSAW, April 24 – Poland’s Prime Minister Donald Tusk has raised serious doubts about America’s willingness to stand by its NATO commitments should Russia launch an assault on European territory, according to statements he made to the Financial Times.
In remarks that highlight mounting concerns across Europe about President Donald Trump’s unpredictable approach to foreign policy and his criticisms of European allies, Tusk emphasized the urgent need for the European Union to transform into a “real alliance” capable of defending the continent.
During an interview published Friday in the British publication, Tusk described the uncertainty surrounding NATO’s readiness as the continent’s most pressing concern. “For the whole eastern flank, my neighbours… the question is if NATO is still an organisation ready, politically and also logistically, to react, for example against Russia if they try to attack,” he stated.
The Polish leader characterized the possibility of Russian aggression as “something really serious” and stressed the immediate nature of the threat.
“I’m talking about short-term perspectives, rather months than years… For us, it’s really important to know that everyone will treat the NATO obligations as seriously as Poland,” Tusk explained.
These comments came as Tusk participated in an unofficial European Union gathering in Cyprus, where leaders are also addressing Middle Eastern conflicts, energy policy responses, and the bloc’s upcoming long-term financial planning.
Looking toward potential changes in EU defense cooperation, Tusk mentioned the possibility of strengthening Article 42.7 of the EU treaty – the mutual defense provision – particularly following the eventual departure of Hungarian Prime Minister Viktor Orban, who maintains close ties with Russia.
“What you need if you want to have, not only on paper, a real alliance, is true tools and real power when it comes to defence instruments and mobility of militaries from country to country etc. It’s a very practical problem for today,” he remarked.
Tusk outlined his broader vision for European security, stating: “This is why my obsession now and my mission is to reintegrate Europe. It means common defence… a common effort to protect our eastern borders.”
Activists from Minneapolis made their case directly to Swiss banking officials Friday, demanding the country’s central bank divest from a controversial tech company worth over $1 billion in their portfolio.
Representatives from the Minnesota city addressed the Swiss National Bank’s shareholders meeting in Bern, calling for the institution to sell off its substantial holdings in Palantir Technologies due to the firm’s contracts with federal immigration authorities.
The Swiss bank currently owns 6.24 million shares of Palantir, valued at approximately $1.1 billion, as part of its massive $922 billion foreign investment portfolio, recent SEC documents show.
Palantir, the data surveillance company co-created by tech mogul Peter Thiel, secured a government contract in recent months to build monitoring systems for U.S. Immigration and Customs Enforcement.
The company’s government work has faced increased criticism after two fatal incidents in Minneapolis this January where immigration officers shot and killed American citizens during separate encounters.
Minneapolis city council members made the journey to Switzerland specifically to deliver their municipality’s formal request that the bank cut financial ties with Palantir over its ICE partnerships and surveillance operations.
“Palantir is a threat to our democracy, not just in the United States, but around the world,” stated Janette Corcelius, who represented the Minneapolis delegation at the Swiss meeting after receiving an invitation from advocacy organization BreakFree Suisse.
Palantir officials did not provide a response to requests for comment on the matter.
Company CEO Alex Karp has previously defended the firm’s monitoring technology earlier this year, arguing the systems include protective measures to prevent government abuse of power.
In correspondence with investors, Karp wrote that Palantir’s systems guarantee the “state and its agents can see only what ought to be seen.”
Swiss National Bank representatives refused to discuss specific investments, noting they conduct routine evaluations of all portfolio holdings.
The central bank has accumulated extensive international stock holdings as part of managing currency reserves, purchasing shares based on global market weightings rather than selecting individual corporations.
According to bank policies, the institution avoids investing in companies that severely violate Swiss principles, commit serious human rights violations, or cause systematic environmental harm.
Several major investment firms, including Nordic financial company Storebrand Asset Management, have already divested their Palantir positions over ethical concerns regarding the company’s operations.
“Palantir clearly breaches the SNB’s guidelines,” argued Guillaume Durin from BreakFree Suisse. “The SNB investment gives a halo of respectability to companies like Palantir.”
Federal investigators in India have placed a drone technology firm under scrutiny after arresting government aviation officials and executives from a major industrial conglomerate on bribery charges this week.
The Central Bureau of Investigation took action against personnel from India’s aviation regulatory body and Reliance Industries, claiming corrupt payments were made to fast-track approval processes for importing certain unmanned aircraft.
At the center of the controversy is Asteria Aerospace, an obscure subsidiary within billionaire Mukesh Ambani’s vast Reliance business network. Reliance has stated it neither authorized nor had knowledge of any such financial arrangements, while legal representation for the aviation official has challenged his detention.
India’s unmanned aircraft sector has experienced significant expansion following Prime Minister Narendra Modi’s administration relaxing regulatory restrictions in 2021. The nation now operates approximately 39,000 authorized drones for agricultural monitoring, community mapping, and various government programs.
According to its corporate website, Asteria Aerospace markets itself as a drone technology enterprise delivering “actionable intelligence from aerial data.” The company assists clients in gathering precise information and performing artificial intelligence-driven analysis using geographic imagery collected by unmanned aircraft.
Through its fleet of more than 400 deployed drones, Asteria serves the farming, building, telecommunications, and energy industries. One example includes drone operations for Reliance BP Mobility, where the company studied road traffic patterns and calculated vehicle velocities to determine optimal locations for retail establishments.
Entrepreneurs Nihar Vartak and Neel Mehta established the business in 2011 within Bengaluru, India’s prominent technology center. Reliance purchased the company in 2019 through a $2.45 million transaction.
The acquisition aligned with Reliance’s strategy to invest in cutting-edge technologies, according to company statements. Current ownership data from March 2024 indicates that Reliance Jio Platforms, the conglomerate’s technology division, holds a 74% stake in Asteria.
Reliance Jio Platforms is also preparing for a public stock offering that analysts predict could become India’s largest initial public offering in history.
Financial records show Asteria’s income jumped dramatically from 11 million rupees ($117,000) in fiscal year 2020 to 400 million rupees ($4.24 million) by fiscal year 2024.
Current aviation regulations established in 2021 require all unmanned aircraft systems to obtain proper certification before operating within Indian airspace. Asteria claims to be the first domestic drone manufacturer achieving three distinct certifications from the country’s aviation safety authority.
The company highlighted that its domestically-produced AT-15 drone model was featured during the 77th Republic Day Parade held earlier this year.
Law enforcement officials report they initiated their investigation after receiving information suggesting a Reliance executive and government regulator had agreed upon a $16,000 payment to expedite processing of three import applications submitted by Asteria Aerospace.
French automotive parts manufacturer Forvia announced Friday that its first-quarter earnings took a hit due to declining sales in the Chinese market, resulting in a 2.2% revenue decrease when currency fluctuations are excluded.
The company’s quarterly earnings dropped to 5.14 billion euros ($6.00 billion), primarily attributed to a steep 23.5% decline in China, the globe’s second-largest economy. This downturn stemmed from an unfavorable customer portfolio and a substantial reduction in manufacturing at electric vehicle maker BYD.
Following the earnings announcement, Forvia’s stock price declined 2% during morning trading in Paris.
“Recently, BYD’s growth rate has changed, so we have been driven by them, particularly in the last few years. However, there is now increased competition from other customers, so this is having an impact,” Finance Chief Olivier Durand explained during a media conference call.
Despite the Chinese market challenges, the company managed to exceed the global automotive manufacturing decline of 3.4%, as forecasted by S&P Global Mobility this month, by achieving positive results in all other geographic markets.
The firm also posted 2.2% revenue increases in its Clean Mobility division, which handles emission reduction systems for non-electric automobiles, with growth fueled by partnerships with Stellantis and General Motors throughout North America.
“At the same time, we have continued to make progress on the planned divestiture of our Interiors business, which we expect to materialize in the near term,” Chief Executive Martin Fischer stated in an official announcement.
When asked about a Bloomberg News report suggesting private equity company Apollo was close to acquiring the interiors division for approximately 1.4 billion euros, Durand refused to provide commentary.
Durand verified that after Stellantis exited the Symbio joint venture, Forvia and Michelin would transition to equal ownership at 50-50.
“The execution of the plan will be swift, as we now have the Commercial Court’s homologation decision,” Durand noted.
The company indicated it has experienced minimal effects from Middle Eastern conflicts and maintained its projections through 2026.
In a dominant pitching performance, Tyler Glasnow surrendered only a single hit across eight shutout frames as the Los Angeles Dodgers defeated the San Francisco Giants 3-0, preventing a series sweep at Oracle Park.
The Dodgers received offensive contributions from Max Muncy, who crossed home plate twice, while Dalton Rushing and Hyeseong Kim each contributed RBI hits. Los Angeles put their first run on the board during the second frame before extending their lead with two additional runs in the fourth inning.
Glasnow improved to 3-0 on the season, recording nine strikeouts before departing after 105 pitches. Tanner Scott completed the shutout in the ninth inning, earning his first save of the campaign. Kim and Kyle Tucker each collected two hits for the Dodgers, with both Muncy and Tucker adding doubles to their stat lines.
San Francisco managed just one safety against the right-handed starter, courtesy of Luis Arraez’s leadoff single in the fourth frame. Giants starter Logan Webb suffered the loss, falling to 2-3 after working seven innings and surrendering three runs on seven hits.
Cubs 8, Phillies 7 (10 innings)
Dansby Swanson delivered a game-winning hit in extra innings, extending Chicago’s winning streak to nine games while Philadelphia suffered their ninth consecutive defeat.
Seiya Suzuki’s third home run in three contests gave the Cubs a 7-6 advantage in the eighth, but Philadelphia’s Adolis Garcia answered with a pinch-hit homer in the ninth to force extra innings. In the tenth, reliever Tanner Banks (0-2) intentionally walked Suzuki before allowing Carson Kelly’s base hit to load the bags. Following Michael Busch’s strikeout, Swanson’s single to right field ended the marathon contest.
Busch contributed a home run and four RBIs, while Suzuki went deep and matched Kelly with three hits each. Chicago accumulated 18 hits in the victory. Brandon Marsh paced Philadelphia with a 3-for-4 performance that included two home runs.
Mets 10, Twins 8
Bo Bichette’s three-hit performance, highlighted by a tie-breaking three-run double in the eighth inning, powered New York past Minnesota in the decisive third game of their interleague matchup.
Brett Baty launched a three-run blast in the opening frame for the Mets, who surrendered a 7-2 advantage before claiming their second straight victory following a 12-game losing streak. New York plated three runs in the second before Carson Benge added a fourth-inning homer.
Ryan Jeffers knotted the score with a grand slam in the eighth for Minnesota, which has dropped six of their last seven contests. Tristan Gray contributed a sixth-inning homer and added an RBI single in the ninth.
Braves 7, Nationals 2
Rookie pitcher JR Ritchie excelled in his major league debut, tossing seven strong innings while Ozzie Albies recorded three hits and four RBIs in Atlanta’s road victory over Washington.
James Wood greeted Ritchie with a leadoff home run on the very first pitch, but the rookie hurler (1-0) limited the damage to two runs on five hits while striking out seven batters. Albies launched his fifth homer of the year in the ninth inning, while Michael Harris II went 3-for-4 and scored twice.
Cionel Perez (1-3) surrendered three runs on one hit and two walks in just one-third of an inning as Atlanta broke a tie with four runs in the seventh. CJ Abrams added a solo shot for Washington’s other tally, while starter Cade Cavalli recorded a career-best 10 strikeouts.
Tigers 5, Brewers 4
Spencer Torkelson’s walk-off solo homer with one out in the ninth lifted Detroit over Milwaukee in dramatic fashion.
Torkelson, who hit his first long ball of the season Wednesday, crushed a 3-1 sinker from Abner Uribe (1-1) over the left field barrier as Detroit captured two of three games in the series. Riley Greene provided a two-run homer while pinch-hitter Jahmai Jones delivered a game-tying solo shot in the eighth.
Blake Perkins drove home two runs for Milwaukee. Gary Sanchez collected two hits, one run and an RBI while David Hamilton added two hits and one RBI.
Padres 10, Rockies 8
Gavin Sheets’ three-run homer in the ninth inning completed a five-run comeback that lifted San Diego past Colorado in a high-scoring affair.
Sheets’ third home run of the season tagged Victor Vodnik (0-2) with a blown save after the reliever allowed five earned runs in two-thirds of an inning. Ron Marinaccio (1-0) earned his first MLB victory in two years by working two relief innings.
Colorado’s loss wasted Mickey Moniak’s outstanding performance, as he recorded his second two-homer game of the season against San Diego. Moniak finished 4-for-5 with three runs and two RBIs, leading a 14-hit offensive attack.
White Sox 4, Diamondbacks 1
Andrew Benintendi’s three-run homer with one out in the ninth inning propelled Chicago past Arizona in Phoenix.
Chase Meidroth drew a leadoff walk against Paul Sewald (0-3) to open the ninth and advanced to second on a sacrifice bunt before pinch-hitter Edgar Quero also walked, setting the stage for Benintendi. His 410-foot blast landed near the pool area in right-center field.
Chicago belted eight home runs while taking two of three games in the series and has now hit 15 homers over their last five contests. Grant Taylor (1-0) allowed two hits and struck out three after entering in relief of Davis Martin with one out in the seventh.
Yankees 4, Red Sox 2
Cody Bellinger’s pinch-hit two-RBI single helped New York extend their winning streak to six games with a victory over Boston.
Cam Schlittler (3-1) limited Boston to two runs on four hits across eight innings to earn the victory. David Bednar worked a perfect ninth to record his seventh save.
Bellinger came through with two outs and the bases loaded in the seventh inning, putting New York ahead 3-2. Aaron Judge followed with an RBI single that scored Jose Caballero, giving the Yankees a 4-2 cushion.
Rangers 6, Pirates 1
Evan Carter’s inside-the-park home run and Jacob deGrom’s stellar pitching performance led Texas past Pittsburgh in the rubber match of their three-game series in Arlington.
deGrom (2-0) recorded a season-high 10 strikeouts across 5⅔ innings while allowing just one run. Corey Seager’s three-run blast off Pittsburgh starter Bubba Chandler (1-2) broke the contest open, doubling the Rangers’ 3-0 lead with one swing.
Chandler departed after four innings, surrendering six runs and seven hits for Pittsburgh. Oneil Cruz connected for a two-out solo homer to end deGrom’s shutout bid.
SEOUL, South Korea — Legal authorities in South Korea have demanded a three-decade prison sentence for former President Yoon Suk Yeol on Friday, claiming he intentionally heightened conflict with North Korea during 2024 through authorized drone missions over Pyongyang to justify implementing martial law domestically.
The ousted conservative leader faces charges of aiding an enemy nation and misusing presidential authority, part of extensive criminal allegations stemming from his brief martial law implementation in South Korea last December.
The sentencing recommendation emerged during final proceedings at Seoul Central District Court, where special prosecutor Cho Eun-suk’s investigative team argued that Yoon and senior military officials orchestrated alleged drone incursions into North Korean territory approximately two months prior to declaring martial law while characterizing liberal opposition as North Korean sympathizers and “anti-state” elements.
Defense attorneys for Yoon, who have consistently rejected these allegations, have not yet responded to the prosecution’s sentencing proposal.
Earlier this year in February, the court imposed a life sentence on Yoon after convicting him on the more severe rebellion charges. Both Yoon’s legal team and prosecutors, who had pursued capital punishment, have appealed that decision.
Cho’s prosecution team stated Friday that Yoon attempted to manufacture a conflict scenario between the two Koreas while orchestrating an authoritarian scheme to eliminate political rivals and “consolidate and prolong his authority.” Legal officials are also pursuing a 25-year sentence for former Defense Minister Kim Yong Hyun, a close ally who assisted in organizing and deploying forces for the martial law announcement.
Pyongyang alleged that Seoul conducted three drone operations over its capital in October 2024, dropping propaganda materials. Kim initially offered an ambiguous denial, though Seoul’s Defense Ministry subsequently stated it could not verify the accuracy of these accusations. Korean Peninsula tensions escalated significantly during this period.
Yoon moved forward with his midnight martial law proclamation on December 3, 2024, broadcasting a televised statement condemning liberals on multiple fronts, particularly regarding their impeachment efforts against his administration officials and reductions to his government’s budget proposal.
The emergency order remained active for approximately six hours until sufficient legislators penetrated a barrier of heavily armed military personnel and law enforcement that Yoon had stationed at the National Assembly. Lawmakers subsequently voted to reverse the declaration, compelling his Cabinet to rescind the directive.
Legislative action suspended Yoon from his position on December 14, 2024, following impeachment by the liberal-controlled parliament, with the Constitutional Court officially removing him in April 2025. Authorities arrested him in July of that year, and he has faced multiple criminal proceedings since then.
Despite its brief duration, Yoon’s martial law order plunged the nation into significant political upheaval, disrupting governmental operations and international relations while destabilizing financial markets. The crisis subsided only after his liberal opponent Lee Jae Myung secured victory in an emergency presidential election last June.
Following his inauguration, Lee endorsed legislation establishing independent inquiries into Yoon’s martial law actions and additional criminal matters involving the former president, his spouse, and their associates.
BANGKOK — During a diplomatic meeting in Bangkok on Friday, Chinese Foreign Minister Wang Yi and Thailand’s Prime Minister Anutin Charnvirakul reached an agreement to boost their nations’ strategic alliance and broaden cooperative efforts.
According to Thai government spokesperson Rachada Dhnadirek, both leaders committed to enhancing joint efforts against international criminal activities and online fraud schemes, among other collaborative initiatives.
The spokesperson noted that Anutin expressed gratitude to China for its ongoing support of Thailand, while Wang offered congratulations to Anutin for maintaining his position following recent elections and voiced optimism about the future of Thailand-China diplomatic relations.
The meeting took place at Government House in Bangkok, where Anutin welcomed Wang with a handshake and photo opportunity before their formal discussions began.
Earlier in the day, Wang also held talks with Thailand’s Foreign Minister Sihasak Phuangketkeow, according to government officials.
Wang’s arrival in Thailand occurred Thursday, marking the start of a three-day diplomatic mission that followed his meetings with Cambodian government officials focused on strengthening political and security cooperation between their nations.
The Chinese Foreign Ministry has announced that Myanmar will be Wang’s next destination on his regional tour.
Thailand and China share significant economic ties, with China serving as Thailand’s largest trading partner. The two nations marked the 50th anniversary of their diplomatic relationship last year, and Thai King Maha Vajiralongkorn made history in November with the first visit to China by a sitting Thai monarch.
Investment from Chinese companies in Thailand has grown substantially in recent years, driven largely by firms relocating production facilities to Southeast Asia to circumvent U.S. trade tariffs.
Buffalo forward Alex Tuch netted the go-ahead goal just over four minutes into the final period Thursday night, leading the Sabres to a 3-1 road victory against the Boston Bruins in Game 3 of their Eastern Conference first-round playoff matchup.
The victory marks the second consecutive road team triumph in the best-of-seven series, with Buffalo now holding a 2-1 advantage.
Noah Ostlund and Bowen Byram each contributed a goal and assist for the Sabres, while goaltender Alex Lyon made 24 saves in his playoff debut this season.
Boston’s Tanner Jeannot found the net for the Bruins’ only score, and Jeremy Swayman recorded 25 saves in the losing effort.
In other playoff action, Carolina defeated Ottawa 2-1 in Game 3, with Logan Stankoven extending his scoring streak to three games. The Hurricanes now lead their series 3-0, putting the Senators in a nearly impossible position, as only four NHL teams have ever recovered from such a deficit to win a playoff series. Jackson Blake added Carolina’s other goal, while Taylor Hall recorded two assists and Frederik Andersen stopped 21 shots. Drake Batherson scored for Ottawa, who have trailed throughout all three games, and Linus Ullmark made 25 saves.
Colorado moved to the brink of a sweep with a 4-2 road win over Los Angeles in their Western Conference series. Artturi Lehkonen led the Avalanche with one goal and one assist, while Gabriel Landeskog, Cale Makar and Brock Nelson also found the net. Colorado goalie Scott Wedgewood turned away 24 shots. The Kings got goals from Trevor Moore and Adrian Kempe, managing just four total goals through three games. Los Angeles netminder Anton Forsberg stopped 19 shots, and Alex Laferriere added two assists.
Myanmar’s president Min Aung Hlaing announced emergency measures Friday placing 60 districts under direct military authority for 90 days, escalating government control in regions where armed conflict continues following the nation’s transition from junta rule.
The emergency declarations affect districts spanning Kachin, Kayah, Kayin, Chin, Shan and Rakhine States, along with portions of Saging, Magway and Mandalay regions. These same areas have faced military restrictions and nighttime curfews since the armed forces seized power in 2021.
State media reported the government justified the 90-day emergency period as necessary to “end armed terrorism” and restore “the rule of law” in the affected territories.
Under the new orders, Myanmar’s military commander Ye Win Oo will assume complete executive and judicial control over the designated areas, according to an announcement in the state-run Global New Light of Myanmar publication.
The emergency measures represent Min Aung Hlaing’s most significant effort to strengthen authority over battle-scarred regions since taking the presidency in early April, following controversial elections that brought a military-aligned party to power.
The Southeast Asian nation descended into widespread violence after military forces removed the democratically elected administration of Nobel Peace Prize winner Aung San Suu Kyi in 2021, triggering mass demonstrations that evolved into organized armed opposition to military rule.
After seizing control in 2021, Min Aung Hlaing’s military government declared nationwide emergency rule, repeatedly extending it until organizing December and January elections that international observers condemned as illegitimate.
MANILA – The Philippines called on Myanmar Friday to expand its prisoner releases to include more political detainees, specifically mentioning former leader Aung San Suu Kyi who was removed from power in a military coup.
As the current chair of the Association of Southeast Asian Nations (ASEAN), the Philippines issued a statement on April 24 praising Myanmar’s recent amnesty actions while pushing for additional releases to help foster nationwide political discussions.
“We reaffirm our commitment to assisting Myanmar, as an integral part of ASEAN, to achieve a peaceful and durable solution to the political crisis in the country,” the Philippines stated in the official ASEAN chair’s declaration.
The Filipino government characterized the recent prisoner amnesty as a constructive move toward creating opportunities for broader political engagement across Myanmar’s divided society.
A major Chinese transportation company revealed ambitious plans to launch self-driving taxi services on a global scale, with initial deployments scheduled for next year.
Caocao Inc, which operates ride-sharing services for automotive giant Geely Holding Group, intends to roll out thousands of specially designed autonomous vehicles across international markets in 2025, according to company leadership speaking at this week’s Beijing auto show.
The timeline for the robotaxi program calls for widespread distribution and operation beginning in 2028, with plans to grow the autonomous vehicle fleet to 100,000 units by the end of the decade, Caocao Chief Executive Gong Xin told Reuters on Friday.
The vehicles will be manufactured by Geely specifically for autonomous ride-sharing operations, rather than being converted from traditional passenger cars.
A major British technology services company announced Friday that it anticipates annual financial results will significantly surpass market projections, fueled by robust quarterly performance driven by surging artificial intelligence and data center demand across North America and Britain.
Computacenter, which specializes in helping large organizations acquire, construct and operate IT infrastructure ranging from laptops to massive data centers, reported the positive outlook on April 24th.
The announcement comes as European semiconductor and electrical equipment manufacturers have experienced significant stock gains in recent weeks, with investors flocking to companies positioned to benefit from the ongoing artificial intelligence infrastructure expansion that’s boosting demand for computer chips and related systems.
According to the company, their committed product order backlog continues to show strength, with some clients placing hardware orders well ahead of schedule to guarantee supply amid ongoing component shortages affecting the industry.
Financial analysts have compiled consensus projections for Computacenter’s 2026 adjusted pre-tax profits at 291.3 million pounds (equivalent to $392.24 million), with estimates ranging between 284.5 million and 297.1 million pounds.
ŠIAULIAI AIR BASE, Lithuania — French fighter pilots rushed to their aircraft with well-rehearsed precision when the NATO alert sounded, already dressed in flight gear to cut down response time.
The aviators raced in vehicles to aircraft shelters where their combat-ready Rafale fighters waited, climbed into their seats and started the engines, which roared and shrieked to life.
Just minutes after departing from Lithuania’s Šiauliai Air Base, they were flying above the Baltic Sea, first encountering a Russian Il-20 spy plane and then following high-speed Russian bombers with their fighter protection that came close to several NATO nations’ airspace.
During wartime, such encounters could rapidly escalate. However, at present, with Russia and the Western military bloc in disagreement about Ukraine but not engaged in direct combat, aviators from both nations simply observed and recorded each other — maintaining separation like cautious predators with weapons ready but unused, their armaments clearly visible yet not fired.
Part of this strategic display — occurring in airborne choreography that happens beyond public view hundreds of times annually — aims to prevent the tension between NATO and Moscow regarding Russia’s comprehensive assault on Ukraine from escalating to direct military confrontation.
Military leaders and aviators conducting NATO air defense operations along the eastern border of the 32-member alliance state their objective is deterrence rather than aggression. They consider their deployment comforting to the Baltic nations — Estonia, Latvia and Lithuania — which share borders with Russia and its partner Belarus but lack their own air forces to repel potential Russian aggression.
“It’s a game of cat and mouse, or rather cat and cat,” said Lt. Col. Alexandre, commander of a French air force wing of four Rafales that is sharing the Lithuanian base with another fighter detachment from Romania. Citing security concerns, the French military withheld the commander’s surname.
“We watch each other, scrutinize each other and try to make sure that it doesn’t go any further,” he said.
Member nations rotate responsibility for monitoring Baltic airspace continuously, twenty-four hours daily throughout the week. The French took over the facility that currently houses their temporary command center from a Spanish unit. They will transfer it to Italian successors in August. Each rotating team adds commemorative patches and insignia to a display wall documenting their service.
NATO launches interceptor aircraft to verify identity and potentially take additional measures when Russian planes operate in Baltic airspace with disabled identification equipment and without submitting flight plans or maintaining radio contact with aviation authorities.
“There are plenty of times in which, on purpose or not, they’re not really respecting the ICAO — the International Civil Aviation Organization — rules, regarding flight plans and behavior,” said Col. Mihaita Marin, commanding the Romanian detachment of six F-16s.
“So obviously we are forced to take off and just make sure that they are who they say they are and their intention is peaceful,” he said.
Spring’s arrival, bringing improved weather for aviation operations, has kept French and Romanian pilots occupied since beginning their four-month NATO assignments in early April.
Marin said interceptions “are getting close to daily” and “that will definitely increase as the weather is getting better.”
French flight crews — observed by an Associated Press reporter covering activities at the base — experienced their most active day yet on Monday.
Launched under NATO direction, French Rafales encountered and monitored two Russian Tu-22M3 bombers carrying high-speed, anti-vessel missiles beneath their fuselages that Russia has also deployed in Ukraine, converting them for ground strikes, and which can be fitted with nuclear warheads.
The strategic bombers’ flight lasting more than four hours from a base near St. Petersburg, accompanied by Su-30 and Su-35 fighters, stayed in international airspace but passed the coastlines of NATO members Finland, Estonia, Latvia, Lithuania and Poland, turning around when they neared Denmark.
The French unit reported the Russian aircraft operated without active transponders, filed flight plans or radio communication. Fighter aircraft from Sweden, Finland, Poland, Denmark and Romania also launched to maintain surveillance, according to French sources. NATO didn’t respond to requests for comment.
French commander Lt. Col. Alexandre said the reasoning behind Russian pilots’ actions that could threaten other Baltic airspace users remains unclear.
“We don’t know if it’s lack of professionalism or just a means for them to test us,” he said.
“But what is sure is that we need to go every time,” he added. “We cannot say, ‘OK, that’s usual, this time we will just let them pass.’”
Major automaker Stellantis plans to channel most of its investment dollars into four primary brands – Jeep, Ram, Peugeot and Fiat – as part of CEO Antonio Filosa’s turnaround strategy scheduled for announcement in May, according to five industry sources.
The global car manufacturer, ranked fourth worldwide in sales, will reveal its long-range plan in Detroit, emphasizing brands with the strongest international appeal and profitability. Sources indicate these four brands will see a “material increase” in their funding allocation.
The remaining 10 brands in Stellantis’ portfolio – the industry’s largest collection including Citroen, Opel and Alfa Romeo – will receive investment to develop vehicles using shared technology from the primary four brands, insiders revealed.
These smaller-volume brands, which previously received more balanced internal funding, will transition to regional or national focus in markets where they already show strength or growth potential, sources told reporters.
The automotive giant faces challenges regaining market position in both U.S. and European markets while confronting increased competition from Chinese manufacturers in Europe and developing markets. Earlier this year in February, the company recorded a 22.2 billion euro ($26.1 billion) writedown after scaling back electric vehicle initiatives.
This strategic overhaul at Stellantis, created in 2021 when Fiat Chrysler merged with PSA Peugeot, has support from major investors including primary shareholder Exor, three sources confirmed.
When contacted, Stellantis highlighted that its brands represent its strength and emphasized its combination of “global scale with deep local roots,” while declining to address the planned reorganization directly.
The company’s market value has dropped significantly to approximately 21 billion euros, barely exceeding electric vehicle startup Rivian’s $21 billion valuation and representing less than half of Volkswagen’s worth.
Industry experts and investors have suggested Stellantis should eliminate certain brands, particularly those with overlapping European presence, to reduce costs and improve efficiency. Brands like Lancia, DS, Citroen and Opel have been mentioned as potential candidates for closure.
However, Filosa, who assumed the CEO role last year with instructions to reverse the company’s declining performance, opposes this approach, viewing these brands as valuable for specific regions or major national markets, four sources indicated.
“Some of those brands could prove useful to the group in the future, should market conditions evolve,” said Marco Santino, a partner at consultancy Oliver Wyman, adding that once a brand had been closed it was “very hard to bring it back to life.”
Previous CEO Carlos Tavares, who oversaw the merger, publicly rejected closing any brands. Following his departure in December 2024, chairman John Elkann concentrated heavily on determining which brands possessed viable futures.
Filosa’s strategy will prioritize investment in Jeep, Ram, Peugeot and Fiat as the brands that “really matter” due to their superior sales numbers and profitability, one source explained. His predecessor had maintained that all brands should receive more equal investment distribution, the source added.
The new approach will deploy brands like Citroen, Opel and Alfa Romeo strategically in particular countries and market segments, four sources confirmed.
Regional brands may utilize platforms and technologies created by the core brands while incorporating unique internal and external design elements and performance characteristics to maintain distinctive identity, a fourth source explained. Rebranding certain models for specific local markets represents another option under consideration, two sources noted.
Earlier this month, reports emerged that Stellantis was conducting advanced discussions with Chinese partner Leapmotor to jointly create an Opel-branded electric SUV, potentially demonstrating how regional brands could share underlying technology while preserving individual brand characteristics.
A senior Stellantis executive stated the plan’s long-term success would depend more on strategic brand deployment across different markets to gain share rather than reducing the portfolio size.
Stellantis has maintained plans for most models to utilize a limited number of shared “multi-energy” platforms supporting both fully electric and hybrid or gasoline powertrains. However, this approach was designed for a rapid electric vehicle transition that never materialized, according to a former top executive.
While Stellantis might eventually discontinue some brands, analysts noted that automakers historically resist such moves unless absolutely necessary, as General Motors demonstrated with Saturn and Pontiac during its 2008 bankruptcy proceedings.
“At some point Stellantis may have to sunset some brands. But they’re going to have to make that decision based on the forward performance of the core brands,” said Larry Dominique, a consultant and former head of the Alfa Romeo brand in North America. In the immediate term, executives “have to focus on the brands that matter,” he added.
Japan’s Finance Minister announced Friday that the country will establish a specialized cybersecurity team to protect its banking sector from emerging threats related to artificial intelligence technology.
Finance Minister Satsuki Katayama revealed the plan during a high-level meeting that included representatives from Japan’s Financial Services Agency, central bank, cybersecurity officials, the nation’s three largest banks, and the Japan Exchange Group.
“I told the meeting that this is a crisis that is already at hand, and similar concerns were also voiced by the financial industry,” Katayama stated to news media.
The urgency stems from revelations about Anthropic’s new Mythos AI system, which during testing reportedly discovered “thousands” of significant security weaknesses across all major computer operating systems and internet browsers. This discovery has sparked widespread alarm about existing cybersecurity protections.
Security specialists are particularly concerned because the AI technology can locate and take advantage of unknown security gaps more quickly than organizations can patch them. This speed advantage could dramatically increase cyber threats against banking institutions, which depend on complex, interconnected computer networks that often include older technology systems.
Banking regulators across Asia, Europe, and the United States have already issued advisories urging financial institutions to strengthen their security measures and emergency response plans. However, no actual security breaches connected to this AI model have been documented so far.
Minister Katayama emphasized that the financial sector’s highly connected nature and round-the-clock operations create unique vulnerabilities where problems can escalate more rapidly than in other industries.
“Because of this, a cyberattack can immediately spill over into market disruptions and undermine confidence,” she explained.
NEW DELHI – India’s government has strongly criticized President Donald Trump after he shared a radio show transcript containing derogatory comments about the country in relation to immigration policy.
The controversy stems from remarks made by conservative radio host Michael Savage during his program “The Savage Nation.” Trump posted the show’s transcript on his Truth Social platform Thursday without adding his own commentary.
In the radio segment, Savage discussed birthright citizenship, stating: “A baby here becomes an instant citizen, and then they bring the entire family in from China or India or some other hellhole on the planet.”
Savage also claimed: “That there’s almost no loyalty to this country amongst the immigrant class coming in today, which was not always the case. No, they’re not like the European Americans of today and their ancestors.”
India’s foreign ministry responded swiftly to the shared comments late Thursday evening.
“The remarks are obviously uninformed, inappropriate and in poor taste,” said Randhir Jaiswal, spokesperson for India’s foreign ministry.
“They certainly do not reflect the reality of the India-US relationship, which has long been based on mutual respect and shared interests,” Jaiswal added.
The U.S. embassy in New Delhi attempted to address the diplomatic tension, stating: “The president has said ‘India is a great country with a very good friend of mine at the top’.”
India’s primary opposition party, Congress, denounced the language as “extremely insulting and anti-India. It hurts every Indian.”
“Prime Minister Narendra Modi should take up this matter with the U.S. President and register a strong objection,” the party posted on social media platform X.
The comments come as Trump has issued directives aimed at limiting birthright citizenship in America, policies currently being contested before the U.S. Supreme Court. The president made an unprecedented appearance at a court hearing on the matter earlier this month.
According to Indian government statistics, approximately 5.5 million people of Indian heritage reside in the United States. Indian Americans and Chinese Americans represent the largest Asian-origin populations in the country.
The diplomatic relationship between Trump and Modi was notably positive during Trump’s previous presidency, though tensions emerged last year when India faced some of the steepest U.S. tariffs imposed on any nation. Many of those trade barriers have since been reduced, and both countries are currently negotiating a comprehensive trade agreement designed to prevent future tariff escalations while expanding bilateral commerce.
China’s foreign ministry has not yet provided a response to requests for comment regarding the radio host’s remarks.
The opening round of the 2026 NFL Draft concluded Friday evening, leaving several talented prospects who were once considered first-round material still waiting to hear their names called. As teams prepare for Saturday’s second round, here are the top players still available:
Tennessee cornerback Jermod McCoy remains on the draft board after missing all of the 2025 season with a torn ACL in his right knee. Sources indicate his recovery process still requires additional work, which explains his unexpected slide. Despite the injury setback, McCoy’s performance during the 2024 campaign demonstrated elite-level talent that would have likely placed him in the top 10 selections if he had stayed healthy.
Another Tennessee defensive back, cornerback Colton Hood, surprisingly made it through the first round despite being fully healthy. Hood’s explosive speed and physical style of play seemed to make him a natural choice for an early pick. Some analysts wonder if McCoy’s injury situation may be negatively affecting how teams view Hood as well.
Toledo safety Emmanuel McNeil-Warren was passed over even though two safeties were selected in round one, which is uncommon. His Group of 5 conference background and questions about his man-to-man coverage skills may have contributed to his slide. However, McNeil-Warren’s zone coverage instincts and athletic ability should make him an attractive early second-round selection.
Texas A&M edge rusher Cashius Howell likely fell due to concerns about his arm length, which measures between 30 and 31 inches depending on the source. Most edge rushers chosen Thursday had more conventional measurements, except for Rueben Bain Jr., who dropped to the 15th pick. Teams willing to overlook the physical limitation will land one of the draft’s most effective speed rushers who excels at turning quarterback pressure into sacks. Howell also performs well when dropping back into pass coverage.
Ohio State defensive tackle Kayden McDonald watched four of his Buckeye teammates get drafted Thursday but remained available heading into day two. Teams may view McDonald as limited to run-stopping duties at nose tackle, which could explain his slide. However, clubs needing a reliable anchor for their defensive line should consider McDonald early in round two, especially since his pass-rushing ability may be undervalued.
South Korea’s leading national security official dismissed concerns Thursday that the country’s crucial partnership with the United States faces a crisis, though he admitted recent disagreements need delicate handling.
Speaking to reporters, Wi Sung-lac acknowledged that diplomatic security discussions with Washington have encountered obstacles due to complications involving Coupang Inc, an e-commerce company traded on US markets. However, he emphasized that partnership matters should remain separate from legal proceedings.
The South Korean government has pushed for security agreement discussions with America to continue independently from investigations into Coupang’s data breach incident. Earlier media coverage suggested Washington had threatened to suspend negotiations unless legal protections were guaranteed for Coupang’s leader, Kim Bom.
“It is true that it is affecting South Korea-U.S. security consultations,” Wi stated during his visit to Hanoi, as reported by Yonhap News Agency. He explained Seoul’s stance that legal processes should proceed while security discussions move ahead on a separate track.
While confirming that security negotiations have experienced delays, Wi stressed through Yonhap that Seoul wants discussions to restart immediately.
“The South Korea-U.S. relationship is an alliance and a very close relationship, so various issues arise,” Wi explained.
“There can be differing views, and that is why they need to be carefully coordinated.”
Wi rejected suggestions that current difficulties stem from mounting problems within the partnership, calling such interpretations excessive.
“An alliance is a very close relationship, but like a garden, it must be carefully managed,” he told JoongAng Ilbo newspaper. “We are in that kind of process now.”
Addressing another contentious issue, Wi defended Unification Minister Chung Dong-young against allegations of revealing classified American intelligence when discussing North Korea’s suspected nuclear facility at Kusong, according to Newsis news agency.
Wi explained that while Washington apparently believed shared intelligence had been compromised, Seoul maintains a different position. Though information about the Kusong site represents classified material between both nations, Chung insisted he never received briefings on such sensitive data and instead used publicly available information – a position Seoul supports.
The US embassy has not yet provided comment on these developments.
Law enforcement officials have apprehended two juveniles in connection with an alleged scheme to carry out a deadly assault on a synagogue in the Houston area.
According to authorities, the suspects had developed a plan to use a vehicle to ram into the religious facility during services, with the stated intention to “kill as many Jews as possible.”
The arrests highlight ongoing concerns about threats targeting Jewish communities and places of worship across the United States. Officials have not released additional details about the suspects’ identities due to their age or the specific timeline of the alleged plot.
The investigation remains active as law enforcement continues to examine the full scope of the planned attack.
PANAMA CITY (AP) — Shipping companies are paying unprecedented fees reaching $4 million to expedite passage through the Panama Canal as ongoing Middle East tensions have effectively shut down the Strait of Hormuz, creating a dramatic transformation in worldwide shipping patterns, according to Panama Canal Authority officials.
The canal typically operates on a reservation system with standard pricing, but companies without advance bookings can secure passage through an auction process where slots go to the highest bidders instead of waiting for days in waters off Panama City.
These auction prices have surged dramatically in recent weeks as conflicts between Iran and the United States have created a bottleneck at the crucial Strait of Hormuz shipping lane. Vessels are increasingly choosing the Panama Canal route as cargo gets redirected and buyers seek suppliers from different regions to bypass the dangerous Middle Eastern passage.
“With all the bombings, the missiles, the drones … companies are saying it’s safer and less expensive to cross through the Panama Canal,” said Rodrigo Noriega, said lawyer and analyst in Panama City. “All of this is affecting global supply chains.”
Noriega added that Panama’s government is “maximizing what it can earn from the Panama Canal.”
Standard canal crossing fees typically run between $300,000 and $400,000 based on vessel size. Previously, companies seeking faster passage would pay an extra $250,000 to $300,000. In recent weeks, those additional costs have climbed to approximately $425,000 on average.
Canal administrator Ricaurte Vásquez revealed that one unnamed company paid an additional $4 million when its fuel tanker had to alter its route due to continuing geopolitical conflicts.
“It was a ship carrying fuel to Europe, and they redirected it to Singapore, and it needed to get there because Singapore is running out of fuel,” he said.
Additional oil companies have paid more than $3 million above regular crossing charges to speed their transit amid climbing oil prices.
Vásquez explained that vessels aren’t backing up at the canal, but rather the elevated costs stem from sudden route changes and increased urgency as ships need faster transit times amid broader trade disruptions.
Vásquez stressed that these elevated fees aren’t standard market rates, but temporary expenses companies are choosing to absorb.
“They decide how high a price to go,” Vásquez said.
While Panama benefits from increased canal revenue, the country has also faced consequences from the geopolitical crisis.
On Wednesday, Panama’s foreign ministry condemned Iran for illegally capturing a Panama-registered vessel belonging to Italian company MSC Francesca in the Strait of Hormuz.
Panama, which maintains one of the world’s largest ship registries, stated the vessel was “forcibly taken” by Iran. The ship’s current custody status remains unclear.
“This represents a serious attack on maritime security and constitute an unnecessary escalation at a time when the international community is advocating for the Strait of Hormuz to remain open to international navigation without threats or coercion of any kind,” it said.
Analyst Noriega predicted that Panama Canal crossing fees could continue climbing if the conflict persists, especially as oil prices continue their sharp increase. Brent crude oil prices briefly exceeded $107 per barrel this week, jumping from approximately $66 per barrel one year ago.
“No one really foresaw the potential effects (the war) would have on global trade,” Noriega said.
Middle East conflicts are creating jet fuel shortages and driving up costs, prompting airlines across the globe to cancel thousands of flights — creating headaches for travelers who must navigate complex passenger protection rules that differ dramatically by destination.
The timing couldn’t be worse for the travel industry.
“These pressures are arriving at a time when summer travel demand is ramping up, with major events such as the World Cup expected to put additional strain on airports,” said Eric Napoli, chief legal officer at AirHelp, a company that helps travelers secure compensation for flight disruptions and advocates for passenger rights.
Here’s what passengers should understand when facing flight cancellations.
Will I get last-minute notice?
Probably not. Currently, fuel-related cancellations are typically announced days or weeks ahead of time. Lufthansa Group, for instance, announced this week it’s eliminating 20,000 short-haul flights across its network through October.
This advance notice provides travelers more time to make alternate arrangements compared to weather-related cancellations, which usually happen at the last minute.
How should I handle rebooking?
Immediately check your airline’s mobile app or website for rebooking opportunities. For U.S. carriers, this digital approach is typically the quickest and most efficient way to secure alternate seating, according to Tyler Hosford, security director at International SOS, a global risk management and travel security company.
International carriers often have less sophisticated digital platforms, Hosford noted, so passengers should try multiple approaches, including calling customer service or visiting airport counters.
Am I guaranteed a refund or new flight?
Generally, yes. Airlines usually provide either full refunds or rebooking on their next available flight. While specific regulations differ by country, these represent the standard minimum options passengers can expect.
In the United States, airlines must provide full refunds when flights are canceled and passengers choose not to travel, regardless of the cancellation cause. While airlines may offer travel vouchers as alternatives, passengers are legally entitled to complete refunds for airfare and unused add-ons like baggage fees or seat upgrades.
Are compensation rules the same everywhere?
Absolutely not. Passenger protections vary dramatically by region — from the Montreal Convention governing airline liability across more than 140 nations to specific consumer protection legislation in the United States, Canada, the European Union, the United Kingdom, Turkey and Brazil.
European regulations provide some of the strongest passenger protections, including monetary compensation in certain situations. These rules apply to any flight departing from EU airports regardless of the airline, plus passengers flying EU-based carriers into Europe — even when trips originate outside the continent. The United Kingdom maintains similar standards.
The United States and Canada provide more limited protections. Asian policies vary significantly, and travelers may need to depend more on individual airline policies rather than formal government regulations.
Travel experts suggest researching the departure country’s name plus “passenger rights” before traveling to understand available protections.
Will I receive compensation for fuel-related cancellations?
It varies based on local laws and whether the disruption is considered within airline control.
Airlines may blame fuel shortages or rising fuel costs for cancellations. However, compensation eligibility often depends on whether local regulations consider the disruption within the carrier’s control.
Even when cancellations occur, Napoli explained, European Union airlines maintain a “duty of care,” requiring them to provide “necessary support” to travelers, including rebooking services.
“While airlines are citing fuel shortages as a reason for upcoming cancellations, travelers need to know that this does not automatically waive their rights” under EU laws, Napoli said.
How can I prepare for potential disruptions?
Several strategies can minimize disruption impacts.
Register for flight notifications to stay updated, and purchase tickets directly from airlines when possible — resolving problems directly with carriers is much simpler than working through third-party booking websites.
Understanding your options beforehand and developing contingency plans can significantly help when travel plans change.
Maintaining detailed records is essential. Keep everything: boarding passes, receipts, cancellation notifications and all airline communications.
Capture screenshots of app or website updates and online conversations, and write down important details from phone conversations.
Napoli also suggests requesting written confirmation of flight disruptions from airlines, including their stated reasoning.
Should I accept the first rebooking offer?
Not always.
Travel experts say passengers commonly make the mistake of accepting initial offers without exploring alternatives. Research other flights, routes or nearby airports because you might discover faster or more convenient ways to reach your destination.
Can I book my own replacement flight?
Yes, but exercise caution.
When airline rebooking options don’t meet your requirements — particularly if replacement flights aren’t available for several days — you can seek alternatives and request refunds instead.
However, you may need to pay fare differences upfront, and reimbursement isn’t guaranteed later.
Expert tips for smoother travel:
— Schedule flights earlier in the day to have more rebooking alternatives if problems arise.
— Activate flight notifications through tracking applications like Flighty for early cancellation or delay warnings. Sometimes, Hosford noted, these notifications arrive before official airline announcements.
— Research nearby airports as backup alternatives.
— Maintain courteous interactions. Airline representatives may be more helpful when conversations remain calm and respectful.
“Ultimately, the shortage is squeezing the entire system, from travelers to airlines, and is something to watch as the industry looks for any relief ahead of the summer travel season,” Napoli said.
HONG KONG (AP) — Markets across Asia declined Friday morning, mirroring Wall Street’s retreat from record highs, while crude oil prices continued climbing as diplomatic efforts to resolve the U.S.-Iran conflict showed little progress.
American market futures dropped following Thursday’s pullback on Wall Street from historic peaks.
Japan’s Nikkei 225 bucked the trend, rising 0.6% to close at 59,504.22, driven by strong technology sector purchases. The index had reached a record intraday peak above 60,000 on Thursday.
Hong Kong’s Hang Seng index dropped 0.8% to 25,714.99, while Shanghai’s Composite index declined 0.5% to 4,071.52.
South Korea’s Kospi fell 0.4% to 6,452.33.
Australia’s S&P/ASX 200 decreased 0.6% to 8,745.00.
Taiwan’s Taiex surged 2.5% as semiconductor giant TSMC, a major component of the index, climbed more than 4%.
Diplomatic efforts to broker another round of peace negotiations between Washington and Tehran showed minimal advancement, despite President Donald Trump announcing Tuesday that America would indefinitely extend a two-week ceasefire with Iran, just one day before its scheduled expiration.
The Strait of Hormuz, a crucial corridor for international energy transport where approximately one-fifth of global oil and natural gas typically flows before the conflict began, continues to remain mostly blocked, with American naval forces maintaining a blockade of Iranian ports. Following last week’s U.S. port blockade, Iranian forces attacked three vessels in the waterway Wednesday, capturing two of them.
On Thursday, Trump announced that American military forces were expanding mine-clearing operations in the strait and directed troops to “shoot and kill” small Iranian vessels deploying mines in the region.
Crude oil prices have stayed high since the Iran conflict started on February 28.
June delivery Brent crude jumped 3.1% Thursday to close at $105.07 per barrel, reaching above $107 at one point. July Brent delivery, the more actively traded contract, settled at $99.35 after hitting $101.
In early Friday trading, Brent crude gained 0.4% to $99.70 per barrel. U.S. benchmark crude increased 0.6% to $96.62 per barrel.
The worldwide energy crisis triggered by the Iran war threatens to accelerate inflation across numerous nations and has rattled international markets. However, Wall Street continues reaching record levels, supported by robust corporate earnings and some hope for a swift conflict resolution.
“With the S&P 500 still hugging record highs, markets are still at ease to give the negotiations more time,” ING Bank analysts Michiel Tukker and Padhraic Garvey wrote in a research note.
Thursday saw Wall Street’s benchmark S&P 500 fall 0.4% to 7,108.40, ending a multi-week surge that pushed it to new record highs. The Dow Jones Industrial Average similarly dropped 0.4% to 49,310.32, while the tech-heavy Nasdaq composite slipped 0.9% to 24,438.50.
Tesla stock tumbled 3.6%, weighing on the broader market despite better-than-anticipated quarterly earnings, as investors worried about significant increases in capital spending as the automaker shifts focus toward artificial intelligence and robotics.
Paramount Skydance shares declined 4.5% after Warner Bros. Discovery shareholders approved its merger with Paramount. Warner Bros. Discovery stock dropped 1.6%.
In early Friday trading, precious metals prices declined. Gold fell 0.7% to $4,689.60 per ounce. Silver decreased 0.8% to $74.92 per ounce.
The U.S. dollar strengthened to 159.83 Japanese yen from 159.71 yen. The euro traded at $1.1677, down from $1.1683.
ENID, Okla. (AP) — Emergency responders mobilized Thursday evening after a confirmed tornado swept through an Oklahoma community, stripping rooftops from structures and toppling electrical infrastructure near Vance Air Force Base, local authorities reported.
The National Weather Service verified the twister’s path through sections of Enid, home to approximately 50,000 residents located close to Oklahoma’s northern boundary. Online footage captured the spinning funnel cloud making ground contact alongside completely destroyed residences.
The Garfield County Sheriff’s Office reported no deaths and only minor injuries in the hours following the tornado’s passage. Law enforcement personnel conducted house-to-house wellness checks throughout affected neighborhoods.
Vance Air Force Base sustained tornado damage, though officials have not yet determined the full scope of destruction. Base leadership announced via social media that they “are currently conducting accountability procedures to ensure all personnel are safe and accounted for.”
“Please join me in praying for the Enid community, which has been severely impacted by tonight’s tornado,” Oklahoma Gov. Kevin Stitt posted on social media.
Enid Police Department spokesperson Cass Rains confirmed initial reports indicated residents trapped inside damaged homes and widespread property destruction. The affected Garfield County area encompasses Vance Air Force Base, situated roughly 80 miles north of Oklahoma City.
President Trump has moved forward with reclassifying state-licensed medical marijuana as a less dangerous substance, delivering substantial benefits to the cannabis industry through tax relief, reduced research obstacles, and potential international export opportunities.
However, this action may represent just the beginning of broader changes. An upcoming administrative proceeding scheduled for late June could extend similar reclassification benefits to state-licensed recreational cannabis markets as well.
“This is a signal that this administration means business on getting this done,” stated Jesse Alderman, a cannabis industry lawyer from Boston working with Foley Hoag.
Thursday’s executive order doesn’t make marijuana federally legal for medical or recreational purposes and will likely encounter court challenges.
The directive does transform cannabis regulation by moving licensed medical marijuana from Schedule I classification — designated for substances deemed medically useless with high abuse potential — to the more lenient Schedule III category.
This represents a major policy reversal for the federal government, which has maintained strict marijuana prohibition even as 48 states have embraced some form of cannabis since California pioneered medical marijuana approval in 1996.
Twenty-four states and Washington, D.C., have legalized adult recreational marijuana use, generating billions in tax income. Forty states operate medical marijuana programs, while eight additional states permit low-THC cannabis or CBD oil for medical purposes.
The executive order acknowledged that medical marijuana oversight has evolved significantly, with most states implementing thorough licensing frameworks covering everything from growing to retail sales.
Douglas Hiatt, a veteran Seattle marijuana defense lawyer, remembered the AIDS crisis of the 1980s and 1990s, when law enforcement frequently targeted cultivation operations supporting patients.
He accompanied one client, disabled medical marijuana advocate JoAnna McKee, to clandestine meetings with Hells Angels members in wooded areas to obtain cannabis for other patients following police raids — illustrating the extreme measures sometimes necessary to secure marijuana during that era.
“We were watching all these guys die from this horrible disease, and the only thing that helped them keep their pills down was marijuana, and the cops were going after anyone who helped them get it,” Hiatt explained in a Thursday phone conversation. “It was crystal clear from the beginning that it had medical uses. For the feds to admit that now is great. It’s surreal.”
Some medical professionals argue that state legalization has produced increasingly potent cannabis products requiring research rather than looser classification.
Moving marijuana from Schedule I to Schedule III suggests therapeutic value, but there aren’t “massive medical indications for cannabis,” according to Dr. Smita Das, a Stanford University addiction psychiatrist. Additionally, cannabis use disorder — affecting roughly 3 in 10 users per CDC data — continues increasing.
“We’ve already had kind of a decrease in risk perception related to cannabis over the years with the state legalization,” Das explained. “This will probably just add to that.”
The reclassification falls short of what prohibition critics ultimately seek: complete legalization with measures addressing prohibition’s damage, particularly in minority communities that faced disproportionate impacts. Many states have already implemented reforms like criminal record expungement.
State-licensed medical operators can now deduct business expenses on federal taxes for the first time, providing crucial financial relief.
However, in numerous recreational marijuana states, licensed dispensaries serve both markets — creating complex accounting challenges to determine which business expenses qualify for medical-related deductions.
“If this artificial distinction between medical and recreational is maintained, it raises all sorts of questions,” observed sociology professor Josh Meisel, who helped establish the Humboldt Institute for Interdisciplinary Marijuana Research at California State Polytechnic University, Humboldt.
Trump directed his administration in December to expedite marijuana reclassification, building on stalled initiatives from the Biden era. Last Saturday, while signing an unrelated executive order regarding psychedelics, the Republican president appeared frustrated with the pace of progress.
American Trade Association for Cannabis and Hemp president Michael Bronstein described the order as “the most significant federal advancement in cannabis policy in over 50 years.”
However, marijuana legalization opponent Kevin Sabet, CEO of Smart Approaches to Marijuana, argued that while cannabis research is important, “there are many ways to increase our knowledge without giving a tax break to Big Weed.”
Trump has prioritized fighting other drugs, particularly fentanyl, during his second term, authorizing military strikes against Venezuelan and other vessels the administration claims transport narcotics.
Ukrainian authorities reported Friday that a Russian drone assault during overnight hours claimed the lives of an elderly husband and wife in the port city of Odesa, while injuring more than a dozen additional residents.
Emergency response teams described how the bombardment demolished two residential buildings with two floors each and struck another similar structure where the fatalities occurred. The assault also damaged apartment units within a three-floor building, sparking a blaze, according to emergency officials.
“A married couple, both aged 75, were killed in a night-time attack,” Serhiy Lysak, the head of the local military administration, said on Telegram.
While Lysak reported that 15 individuals sustained injuries during the bombardment, emergency response officials counted 14 wounded persons.
Medical facilities provided treatment for eight of the injured victims, Lysak noted.
Images shared by Lysak displayed one structure consumed by flames and another building showing significant structural damage with a large opening torn through its exterior wall, along with rescue personnel conducting operations inside the damaged areas.
Former chemical industry sites across northeastern England are experiencing an unexpected renaissance as property owners position their land for the artificial intelligence revolution sweeping through Britain’s real estate market.
The Wilton International site in Teesside exemplifies this transformation. Once home to a thriving petrochemical industry, the location now boasts the essential ingredients for modern AI infrastructure: existing power plants, water access, and electrical grid connectivity.
Sembcorp UK, the site’s primary owner, is collaborating with data center developer Digital Reef to attract major technology companies to establish operations at the location, which sits in one of Britain’s most economically challenged regions.
“We’re trying to develop something quite quickly, and bring jobs and industry and investment back,” explained Mike Patrick, CEO of Sembcorp UK, a division of Singapore-based Sembcorp Industries.
This transformation reflects a nationwide trend. Property owners, speculative investors, developers, and even agricultural landowners are repositioning their holdings to benefit from the massive investments technology giants are making in AI infrastructure.
Construction analytics firm Barbour ABI reports that 119 data center proposals have been filed across diverse locations, including abandoned automotive plants, former paint manufacturing facilities, closed hotels, and shopping centers near Heathrow Airport.
The momentum accelerated following a high-profile banquet where King Charles hosted Donald Trump and technology executives during the U.S. president’s visit. Companies including Google, Microsoft, and Nvidia subsequently announced multi-billion-dollar commitments to Britain’s digital infrastructure development.
“The demand that’s come through in the last couple of years – really because of AI – has exploded,” observed Andrew Groves from real estate consultancy Bidwells. “Speculators and promoters have obviously seen it as an opportunity to make greater returns.”
Unlike financial services data centers that require proximity to urban centers for speed, AI facilities primarily need processing power, allowing them to operate from more remote and affordable locations away from London’s premium property markets.
This geographic flexibility has created opportunities for industrial sites far from the capital and sparked interest among rural property owners seeking alternatives to traditional farming income.
The Wilton site represents what industry professionals call “powered land” – property equipped with either independent power generation capabilities or existing high-voltage grid connections, or both.
“Wilton is almost uniquely placed in that it already has a large grid connection and on-site power assets,” noted Peter Ireton, Sembcorp UK’s Business Development Director. “We think we can attract a large off-taker.”
However, many properties aspiring to host data centers lack adequate power infrastructure, creating an unprecedented surge in grid connection applications. Combined with necessary transmission system upgrades, this demand has extended waiting periods for new connections to 12-15 years.
Britain’s energy department reported a 460% increase in connection requests during the first half of 2025. Applications for high-voltage network access reached 96 gigawatts of capacity, with an additional 29 GW requested for local network connections.
To put this in perspective, Britain’s total generation capacity is approximately 72 GW, while peak demand last year was just under 46 GW.
The National Energy System Operator identified 140 data centers in the primary queue in March, representing roughly 50 GW of capacity. Officials indicated that speculative activity is driving demand far beyond network capabilities, delaying legitimate projects and hampering the energy transition.
Some applications come from landowners lacking power infrastructure, planning approval, or identified end users. These “zombie projects” are creating bottlenecks in the system.
“You’ve been seeing an awful lot of people speculating, spending time trying to get power onto a site,” said Tom Glover, head of data centers for EMEA at U.S. real estate company JLL.
Recognizing these challenges, NESO introduced reforms in March to filter out speculative applications and prioritize strategic sectors, including data centers. A similar initiative last year targeting clean energy projects reduced those applications by half.
Real estate brokers report that land with suitable power supply for data centers has always commanded premium prices, but AI demand and grid congestion have driven values even higher recently.
According to British real estate firm Savills, London industrial land typically sells for between 4.5 and 6 million pounds per acre. For data center-suitable properties, prices jump to 8-15 million pounds per acre, according to Savills and other industry sources.
Similar trends are occurring in the United States. A March report by real estate adviser Colliers found powered land selling for up to 2.5 times more than other industrial property, with multiples exceeding three times in northern Virginia and northern California.
Some developers have employed creative solutions to secure power access in Britain. The developer behind a site north of London purchased by U.S. data center operator Equinix partnered with a group holding an allocated connection for battery storage, then converted it to a demand connection suitable for data center use.
“Acquiring a development that has outline planning and a confirmed grid connection just effectively removes the risk,” explained James Tyler, UK managing director at Equinix.
The company plans to invest 3.9 billion pounds ($5.3 billion) in the development – its largest investment outside the United States. Construction is scheduled to begin in early 2027, with operations starting in 2031.
Even guaranteed connection dates don’t always provide certainty. Dawn Childs, president of data center developer Pure DC, described how their London project’s connection offer was delayed approximately two years ago, with about one-third of the promised power pushed back more than a decade.
Data compiled by DC Byte for Reuters reveals Britain is lagging behind competing data center markets. Of 61 British projects tracked since late 2022, only 7% are under construction or completed.
In contrast, 46% of German projects monitored by DC Byte are under construction or finished, compared to 40% in France and 24% in the United States.
This performance gap poses challenges for the government, businesses, and major technology companies, all viewing large-scale data centers as crucial for economic modernization and establishing Britain as an AI superpower.
Grid connection delays aren’t the only obstacle. Britain also maintains some of the world’s highest industrial electricity rates.
OpenAI, creator of ChatGPT, recently suspended plans for a large data center in northeastern England, approximately 50 miles from Wilton, citing concerns about elevated energy costs and regulatory issues.
Despite these challenges, industry consensus maintains that AI demand remains genuine, creating substantial opportunities for sites offering power, planning approval, and suitable land.
This outlook could benefit Wilton, which maintains an existing 240 MW grid connection and on-site generation assets including gas, biomass, and waste-to-energy facilities.
Sembcorp anticipates integrating nearby solar and wind power into Wilton’s energy mix as data center development progresses, ultimately reaching 1 GW capacity. Digital Reef founder Piers Slater estimates achieving this goal would require approximately 15 billion pounds invested over eight to ten years.
The partners describe discussions with potential data center operators as encouraging.
“Obviously there’s a lot of talk, is it a dot com? Is it a bubble?” Slater reflected. “But what we’re seeing is the adoption of AI – and it’s happening.”
Chinese technology giant Huawei Technologies announced Friday that its advanced artificial intelligence computing system will provide complete compatibility with a new AI model from startup company Deepseek.
The telecommunications company stated that its Ascend computing platform, which utilizes Ascend 950 artificial intelligence processors, will offer comprehensive support for Deepseek’s V4 model versions. This announcement followed the AI startup’s release of a preview showcasing its latest technological advancement.
The development represents another step in China’s ongoing efforts to advance its domestic artificial intelligence capabilities through partnerships between established technology firms and emerging AI companies.
Financial markets worldwide continue to grapple with disrupted trading patterns months after the Middle East conflict began, leaving investors without their usual roadmap for making investment decisions.
Wall Street has reached record highs despite ongoing concerns about geopolitical tensions, potential energy supply interruptions, and lasting economic consequences from the war.
Mark McCormick, BMO’s chief foreign exchange strategist, believes market conditions will remain unstable for the foreseeable future, departing significantly from what he calls the “pre-conflict normal.”
“The growth factor is recovering, but remains below late-2025 levels, the rates (monetary policy) factor remains elevated, correlations are shifting, and drawdown risk is rising. Something new is forming,” McCormick explained in his analysis.
The conflict has fundamentally altered how traditional investment categories interact with each other, disrupting long-established patterns that financial professionals have historically used to gauge economic direction.
BOND MARKETS FACE UNPRECEDENTED CHALLENGES
Typically, stock prices and bond yields follow similar trajectories, as investors often protect themselves against economic uncertainty by purchasing bonds when equity markets decline, which drives yields down and creates the opposite effect.
This standard relationship has become increasingly unpredictable since the pandemic began, as rising inflation and expanding government debt have weakened bonds’ effectiveness as protection against stock market volatility.
Before the war erupted, the International Monetary Fund issued a February warning that both investors and government officials needed to reconsider their risk management approaches for “a new era” where conventional protective strategies might prove ineffective.
Short-term bonds, particularly sensitive to inflation trends and interest rate projections, have experienced the most dramatic shifts.
The correlation between two-year Treasury yields and S&P 500 performance over one-month periods has plummeted to approximately -0.8, compared to a five-year average of 0.23. Since hostilities began, this measurement stands at -0.63. European markets show nearly identical disruption between German yields and continental stock performance.
Michael Metcalfe, State Street’s head of macro strategy, noted the absence of expected investor behavior during March market turbulence.
“There definitely wasn’t a move into sovereign fixed income in March, which, at least at the front end, you might have expected,” Metcalfe observed.
“This was a hard test for fixed income, because it was an inflation shock and also potentially a growth shock, which doesn’t help the long-term fiscal concerns,” he added.
GOLD ABANDONS TRADITIONAL SAFE-HAVEN ROLE
Gold has abandoned its historically reliable position as a crisis refuge since warfare commenced, instead moving in unusual alignment with both stock markets and volatile cryptocurrency investments. The precious metal remains approximately 10% below its pre-war valuation.
Historically, gold maintains a strong negative relationship with dollar strength. During periods of increased market volatility that drive investors away from stocks and bonds, the dollar typically benefits significantly, as has occurred throughout this conflict.
Since late February, the connection between gold and dollar performance has weakened to roughly -0.19 from its typical -0.4 average, while gold’s correlation with stock performance has strengthened to about 0.55, up from a five-year average of 0.22.
This shift likely reflects the dollar’s relationship with equity markets, which reached a record -0.94 correlation this week, demonstrating an almost perfect inverse connection compared to the five-year average of -0.28.
Simultaneously, bitcoin’s correlation with stock performance has hit a record 0.96, up from a pre-war average of 0.4, undermining cryptocurrency’s appeal as a portfolio diversification tool.
CURRENCY RELATIONSHIPS BREAK DOWN
Expectations of inflation-driven interest rate increases have led traders to anticipate rate hikes, particularly in European markets, while lowering expectations for rate reductions in America.
Normally, higher interest rates in one region compared to another would strengthen that area’s currency, but even this fundamental relationship has deteriorated.
The European Central Bank is anticipated to raise rates twice this year, while the Federal Reserve appears inclined toward cuts. Despite this, the euro, trading around $1.17, has barely recovered from its war-related declines.
UniCredit analysts noted the unusual nature of current market conditions, stating: “Extraordinary events can have unusual effects on financial markets, often altering traditional relationships between financial variables.” They identified the euro-dollar relationship with rate differentials as one casualty of this disruption.
Using two-year swap rate differences between the U.S. and eurozone, the correlation between rate differentials and euro performance stands at 0.5, up from near zero at year’s beginning and contrasting with a -0.3 average over the past two years.
“We do not think that rate differentials are likely to return to being the key driver for euro/dollar until the war-driven risk premium has dissipated,” UniCredit concluded.
FUNDAMENTAL ECONOMIC INDICATORS DISCONNECT
Rising petroleum prices would normally increase inflation expectations, yet these projections have actually declined since the conflict began.
The five-year-five-year forward U.S. inflation swap, which measures long-term inflation expectations among investors, currently sits around 2.4%, down from approximately 2.45%. Meanwhile, oil prices remain roughly 40% higher than pre-war levels.
The correlation between these two indicators stands at about -0.7, above the five-year average of 0.2. During 2022’s energy crisis following Russia’s Ukraine invasion, this correlation peaked at 0.7.
Deutsche Bank suggests this reversal might partially result from anticipated increases in U.S. fiscal deficits as Washington finances the ongoing conflict.
“But another possibility is that forward inflation compensation has become increasingly divorced from fundamentals,” the bank concluded.
CHERNOBYL, Ukraine (AP) — They came to tackle history’s most devastating nuclear disaster.
After the catastrophic explosion and blaze at the Chernobyl nuclear facility on April 26, 1986, military personnel, emergency responders, construction specialists, mining experts and healthcare workers were called from throughout the Soviet Union. These individuals became known as “liquidators” — a grim Soviet designation for personnel tasked with resolving critical emergencies.
Across a four-year period, 600,000 individuals participated in the hazardous remediation effort. Aircraft circled overhead the exposed radioactive reactor core, releasing sand and additional substances to extinguish the flames. Personnel removed radioactive particles from structures and streets, disposed of contaminated equipment, eliminated forests and even tracked wildlife to prevent radiation dispersal.
Most possessed minimal understanding of the hazards they encountered.
A delegation of these workers residing in Ukraine’s Poltava region made a journey before the disaster’s 40th commemoration for a single-day visit to Chernobyl, spelled “Chornobyl” in their native tongue.
They discussed their unwavering commitment to service, the losses they experienced, and a disaster that continues to affect Ukraine.
Prylipko arrived nine days following the explosion and operated a firefighting vehicle for one month, completing two-hour rotations to minimize radiation contact. He was initially unaware of the dangers but experienced a severe health emergency in 1990 and remained unable to work for twelve months.
Visiting for the first time since his assignment, he found the terrain confusing, with communities eliminated and the reactor encased in protective barriers.
“Back then, the whole place was packed: machinery, helicopters, they were everywhere,” he said. “The road to Kyiv was so crowded you couldn’t pass anyone.”
During summer 1986, Anatolii Krutik was assigned with an army unit to establish barriers around contaminated regions and create “exclusion zones.” He initially traveled to communities in present-day Belarus, which also experienced significant radioactive contamination, before proceeding to Chernobyl to sanitize areas surrounding operational reactors.
During that period, he explained, fear was largely absent.
“No one really thought about it. We didn’t know what it was — this invisible enemy,” he said, adding his comrades saw it simply as their duty after being mobilized.
However, safety measures were virtually nonexistent, Krutik explained, with personnel wearing their arrival clothing and departing in identical garments, without any decontamination protocols.
Vechirko was also dispatched to Chernobyl during summer 1986 to remove contaminated soil, sanitize structures and secure the remaining operational reactors at the location. He has experienced illness throughout much of his life, which he connects to his disaster site work, including persistent vertigo, fatigue and regular discomfort. Due to his declining health, he explained, he lost contact with former colleagues.
“Being back here now, the emotions are overwhelming,” he said. “It’s incredibly sad to compare what this place was to what it is now.”
Between May and September 1986, Harbyz, a medical professional and dental specialist, provided patient care while his unit conducted decontamination operations. He also served in Belarus, which exposed him to the human toll of the catastrophe.
Returning for the first time in decades, he remembered colleagues who have died and the connections established among survivors.
“This 40th anniversary represents both a deep tragedy and a vital chance to reunite with my brothers-in-arms,” he said. “So many of our colleagues have passed away over the years, but those of us remaining hold on. Being back here for the first time in 40 years is overwhelming. I feel a deep sense of pain, and it brings tears to my eyes. It is good that we can meet like this.”
Emergency responder Mykola Chudak worked for six months starting in November 1986, operating within 10 kilometers (6 miles) of the facility.
He emphasized not his personal contributions but the initial emergency personnel who responded immediately, stating they averted a much larger disaster, frequently sacrificing their lives. His assignment was prolonged due to insufficient replacements, and years afterward he was compelled into early retirement because of disability.
For him, Chernobyl holds both individual and patriotic importance.
“Ukraine must always be grateful to the heroes of Chernobyl,” he said. “Being back here, my first feeling is one of immense gratitude for the sacrifice made by my comrades. In many ways, the independence of Ukraine was born on April 26, 1986, in Chernobyl. Without their heroism, an independent Ukraine might not even exist today.”
Lebedynets worked in the armed forces from 1986 to 1991, constructing barriers in contaminated zones. He experienced chronic headaches for the remainder of his life. During his return visit, he paused at Pripyat, the adjacent city for Chernobyl’s employees that has remained vacant since the incident.
“It’s heartbreaking to see Pripyat now,” he said. “I remember those houses when they were full of life, and now everything is overgrown and in ruins. It was such a beautiful city.”
He made connections with Ukraine’s current Russian conflict. “Today’s war is different: You see bullets flying and shells exploding,” he said. “Back then, the enemy was invisible. It tore you up from the inside and shattered your health.”
Tolumnyi explained his firefighting experience from 1987 to 1988 influenced his life and remains fundamental to who he is. He participated in decontaminating structures and machinery in Pripyat. Upon his return, he described experiencing both anguish and appreciation.
For him, Chernobyl’s importance extends beyond the immediate context.
“Those who do not remember the past have no future. I am confident in our country — we have a future because people remember the past,” he said. “The memories are flooding back, but this is our history, and you can’t simply erase it. On the other hand, I also feel a sense of gratitude that I was able to see this place again in my lifetime.”
Buriak worked in a specialized Interior Ministry division in 1988, monitoring Pripyat and surrounding areas to prevent theft. His responsibilities included protecting vacant buildings.
He explained his return journey reconnected him with the sense of responsibility he experienced, while numerous liquidators continue seeking acknowledgment.
“Returning here after 40 years is a massive adrenaline rush for me. It brings back so many memories of my youth and what life was like during those times,” he said. “It was important for me to come back to remember those years and to show my son where I fulfilled my duty to my country.”
In 1989, Taranenko worked as a security specialist, protecting facilities and vacant residences. Assignments were brief due to radiation exposure, and commands were executed without questioning. He has visited multiple times since, despite the sorrow that comes with each trip.
“Back then, that was just how it was: If you were needed, you went,” he said.
He explained he continues receiving treatment for health issues at a veterans medical facility in Poltava and maintains his physical fitness.
“We are military people — once a soldier, always a soldier. That’s how I live my life. You have to hold yourself together,” he said. “You can’t just give up.”
Hluhovstov was deployed to Ukraine and Belarus, where extensive areas required barriers due to soil radiation and abandoned structures.
With grim humor, he laughs about his numerous health conditions. “As my wife says, I have a whole bouquet of ailments,” he says.
Following weeks of hospitalization this year, he recovered and expressed hope to witness Ukraine repel the Russian attack.
“The doctors didn’t know what to do with me, but thank God I survived,” he said. “Now I just hope to live long enough to see the end of this war — long enough to see victory.”
During the week of April 17-23, 2026, significant violent incidents occurred across Latin America that captured international attention.
In El Salvador, suspected gang members underwent judicial proceedings at the nation’s high-security Terrorist Confinement Center, known as CECOT, located in Tecoluca. The facility has become central to the country’s ongoing crackdown on gang violence.
Meanwhile, tragedy struck at one of Mexico’s most famous archaeological sites when an armed individual opened fire on visitors from atop the ancient Teotihuacan pyramids. The attack resulted in the death of a Canadian tourist, while several other people sustained injuries during the incident.
These events were documented in a photo collection assembled by photographer Dolores Ochoa, who operates from Quito, Ecuador.
Zoo Atlanta is preparing to welcome giant pandas once again as China moves forward with its signature diplomatic outreach program.
Beijing revealed Friday its decision to dispatch two giant pandas to the Georgia zoo, marking another chapter in the country’s panda diplomacy initiative amid strained U.S.-China relations. The announcement comes just weeks before President Donald Trump’s scheduled visit to China in mid-May.
According to the China Wildlife Conservation Association, the male panda Ping Ping and female panda Fu Shuang will travel from the Chengdu Research Base of Giant Panda Breeding to begin a 10-year conservation partnership established through an agreement signed with the zoo last year.
While officials haven’t revealed when the pandas will depart China, the conservation association noted that American officials are actively working on facility improvements and other preparations to ensure the animals have optimal living conditions. Chinese specialists are providing technical assistance for these upgrades.
The timing coincides with Trump’s upcoming diplomatic trip to Beijing, where he plans to address various matters including trade relations with President Xi Jinping.
Zoo Atlanta expressed enthusiasm about the partnership in a Thursday statement, saying officials were thrilled to serve as caretakers for the pandas and collaborate with the Chinese association.
“We can’t wait to meet Ping Ping and Fu Shuang and to welcome our members, guests, city, and community back to the wonder and joy of giant pandas,” zoo president Raymond B. King stated.
The new arrangement follows a previous panda partnership between the zoo and China that ended in 2024. During that collaboration, pandas Lun Lun and Yang Yang produced seven cubs. Lun Lun, Yang Yang, and their two youngest babies returned to China in October 2024, joining their other offspring who already lived there.
Beijing’s giant panda lending program has historically served as an instrument of the nation’s diplomatic strategy, though conservation goals may be driving the renewed cooperation with American zoos despite current political friction.
The conservation association emphasized Friday that this new collaboration will advance joint achievements in multiple areas, from disease prevention and medical care to scientific knowledge sharing.
These beloved bears have represented U.S.-China friendship since 1972, when Beijing presented a panda pair to Washington’s National Zoo as a gift.
Both the National Zoo in Washington and San Diego Zoo welcomed pandas from China in 2024 as well.
ALBUQUERQUE, N.M. — Back in 1972, when Apollo crew members Harrison “Jack” Schmitt and Eugene Cernan touched down on the lunar surface to gather rock and dirt samples, they were making history as the final moon mission of that era.
Even then, Schmitt was thinking ahead to future generations. Speaking through crackling radio transmissions to his fellow astronaut and mission controllers back on Earth, he issued a challenge.
“Well, I tell you Gene, I think the next generation ought to accept this as a challenge. Let’s see them leave footsteps like these someday,” Schmitt said.
Now 90 years old, Schmitt remains one of just four surviving Apollo astronauts who walked on the moon. As a field geologist, he became the first scientist to explore the lunar surface, and his scientific background proved crucial in understanding the moon’s origins and what those discoveries reveal about our solar system.
The veteran astronaut experienced renewed excitement watching the Artemis II crew launch on their recent historic lunar flyby mission. He remains optimistic about new generations returning to the moon and venturing even further into space.
During a recent Associated Press interview, the former New Mexico U.S. senator discussed topics ranging from establishing a lunar base to harnessing new energy sources and whether humanity is alone in the cosmos. He touched on dark matter and quantum entanglement, emphasizing that countless discoveries await us.
“You’ve just got to remember,” he said, “what used to be called supernatural probably should be called unknown physics.”
Schmitt believes establishing a lunar base makes perfect sense for multiple reasons, with geopolitical considerations being paramount. Having a presence in deep space serves as preparation for eventual Mars missions.
The moon contains resources that would significantly reduce Mars mission costs while providing valuable experience. He emphasizes that each new generation must gain both psychological and practical experience working in deep space. The Artemis II mission was particularly valuable because it gave ground personnel and Mission Control real-world experience rather than just simulations.
Schmitt brought extensive knowledge from previous crews and early sample analyses to his mission in the geologically complex Taurus-Littrow valley. This location extends deeper than the Grand Canyon, offering three-dimensional geological features unavailable on earlier missions. Having a field geologist aboard meant more efficient sample collection that could advance understanding of lunar origins and the moon’s relationship to both Earth and solar history.
The moon serves as a historical record of our solar system’s 4.5-billion-year evolution, providing a vast library of knowledge about solar system development and the sun’s activity over that timespan.
Schmitt’s recent research into the lunar debris layer reveals that increased solar activity coincided with an explosion of ocean life on Earth. The warming oceans likely supported this life expansion, leading to greater quantity and diversity, the emergence of mammals, and life’s migration to newly formed continents approximately half a billion years ago.
Lunar samples include titanium-rich basalt lava, similar to formations found in New Mexico but with higher titanium content. This titanium concentration proves crucial for lunar resources, particularly hydrogen and helium.
An isotope called helium-3 could become extremely important for energy production, quantum computing, and cancer therapy applications on Earth. Since Earth has limited helium-3 supplies, the moon could serve as our primary source for this valuable isotope.
Helium-3 offers the possibility of nuclear energy without nuclear waste, a concept scientists have understood for decades. The moon now presents an opportunity to develop this clean nuclear energy alternative.
Both China and the United States show interest in helium-3, making it a significant technological driver in the current space race and Cold War dynamics primarily involving China.
Working on the moon proved surprisingly comfortable for Schmitt. Despite being in a valley deeper than the Grand Canyon with equally high surrounding mountains, the one-sixth gravity made movement much easier than on Earth. Even wearing a pressure suit, walking felt like being a child again, with minimal impact from falls.
The moon provides an easy working environment with proper equipment and life support systems. Schmitt found himself getting somewhat lazy in the low gravity, able to let objects float while performing other tasks. However, this mental adaptation caused problems upon return to Earth, such as dropping a water cup on the aircraft carrier after splashdown. It took about three days to readjust to Earth’s gravity.
Long-term lunar living appears very feasible, though establishing permanent civilization would require addressing radiation concerns through available protective methods. Mars missions present different challenges, likely requiring fusion rockets to reduce travel time.
Given billions of sun-like stars in the universe, Schmitt believes life could statistically have originated elsewhere, though Earth’s life-supporting conditions are truly unique. The precise alignment of factors suggests involvement of an infinitely intelligent creator.
Regarding potential alien visitation, Schmitt remains skeptical. If advanced beings could reach Earth, he believes they would communicate more effectively than current evidence suggests. While he considers it plausible, he finds it unlikely.
Schmitt would eagerly travel to Mars, with one condition: his wife Teresa would accompany him. He believes Mars missions will prove fantastic for future explorers.
Youth education, particularly in mathematics, remains extraordinarily important for space exploration. NASA has become younger since the shuttle era, and the commercial sector has developed new technologies and approaches that NASA is integrating into deep space exploration strategies.
DENVER (AP) — A Colorado woman who operated a funeral home with her former husband is set to be sentenced Friday for her role in concealing almost 200 decaying bodies, a horrific case that prompted state lawmakers to implement stricter regulations on a previously unregulated industry.
Carie Hallford is expected to receive a prison term of 25 to 35 years under a plea deal when she appears before District Judge Eric Bentley in Colorado Springs for corpse abuse charges.
Her former spouse, Jon Hallford, was handed a 40-year prison sentence in February for the same charges, with relatives of victims calling him a “monster” during that proceeding for allowing their loved ones’ remains to decay.
At Return to Nature funeral home, Carie Hallford served as the primary contact with grieving families at their Colorado Springs location. Meanwhile, Jon Hallford handled most operational duties at a separate facility in Penrose, south of Colorado Springs, where residents began reporting strange smells in 2023.
Investigators discovered corpses stacked throughout the insect-infested Penrose facility in different stages of decay.
This incident represents the most shocking among several criminal cases involving Colorado funeral establishments, as investigators uncovered the Hallfords’ extravagant lifestyle and systematic customer fraud.
Only months before the Penrose discovery, a mother-daughter team running a funeral business in Montrose, western Colorado, received federal prison terms for allegedly trafficking body parts and providing families with counterfeit ashes.
In 2024, Denver police arrested a financially struggling former funeral director who stored a deceased woman’s body in a hearse at a residence for two years, where officers also discovered cremated remains of at least 30 individuals.
Additionally, last year state inspectors discovered 24 decomposing bodies and numerous bone containers behind a concealed door at a Pueblo funeral establishment operated by the Pueblo County coroner and his sibling. This marked the first inspection of that facility under new regulations requiring routine examinations of all funeral homes.
During her March sentencing for related federal fraud charges, Carie Hallford requested mercy, claiming she suffered abuse and manipulation during her marriage.
However, she faces Friday’s hearing with little compassion from victims like Crystina Page, whose son David passed away in 2019. His remains deteriorated for years inside the unrefrigerated Penrose building alongside other bodies before their discovery.
“Jon Hallford was the monster under the bed, but Carie was the one who fed the monster,” Page stated. Page and other families received fraudulent ashes rather than their loved ones’ actual cremated remains.
The divorced couple also received federal fraud sentences — 18 years for Carie and 20 years for Jon. Both have filed appeals.
State officials and industry leaders reported this week that legislative reforms enacted by Colorado are proving effective.
Following the Hallford scandal, the state required mandatory inspections and established a licensing framework for the industry. These modifications place Colorado “in the middle of the pack” regarding regulation compared to other states, according to Sam Delp from the state Department of Regulatory Agencies, which supervises the funeral sector.
“We were the only state in the country that didn’t regulate them,” stated Delp, who leads the agency’s Division of Professions and Occupations.
Matt Whaley, president of the Colorado Funeral Home Directors Association, noted that consumers have become more vigilant following extensive media coverage of Return to Nature and other criminal cases.
Family members now frequently request to witness their loved one’s cremation process rather than simply receiving ashes afterward, Whaley explained.
“The confidence level of a funeral professional in the state of Colorado is questioned, and we’ve got to work hard, one family at a time, to build that trust back,” he said.
Blanca Eberhardt, a licensed funeral director with previous experience in Indiana, Texas and Hawaii, remembered relocating to Colorado and being shocked by the poor treatment of corpses at a Pueblo funeral home where she was employed. For Eberhardt, this experience validated Colorado’s reputation for lacking fundamental regulations like director licensing and regular inspections.
“The joke has been for the last 40 years if you lose your license in another state, just move to Colorado,” she explained.
Each late summer, massive white polar bears congregate near Kaktovik, a small Alaska Native community positioned above the Arctic Circle, where they feed on whale remains left by local hunters while awaiting winter’s freeze of ocean waters.
This remarkable wildlife display previously drew over 1,000 visitors annually to Kaktovik, the sole community within the Arctic National Wildlife Refuge. The phenomenon became known as “last chance tourism” – opportunities to witness extraordinary wildlife before climate change potentially eliminates them.
The coronavirus outbreak and federal restrictions on boat excursions effectively shut down Kaktovik’s polar bear tourism due to worries about overwhelming the small community. However, village officials now seek to restart the industry, believing it could generate millions for the local economy while providing residents additional income – if proper protections are established for both community life and the bears.
“We definitely see the benefit for tourism,” said Charles Lampe, president of the Kaktovik Inupiat Corp, which owns 144 square miles (373 square kilometers) of land. “The thing is, it can’t be run like it was before.”
Dating to the early 1980s, any Kaktovik resident with watercraft and local knowledge could guide tourists to observe bears roaming the flat, barren barrier islands offshore or feeding on bowhead whale carcasses left by subsistence hunters.
Visitor numbers surged following the 2008 federal designation of polar bears as a threatened species. Arctic warming is destroying sea ice that bears need for seal hunting, with scientists predicting most polar bears could disappear by century’s end.
Rising tourism prompted federal permit and insurance requirements that began excluding local operators, Lampe explained. Outside companies took over, eventually bringing tourist crowds to Kaktovik – population roughly 250 – during the six-week viewing period.
The community’s two hotels and restaurants lost revenue when major operators started flying visitors from Fairbanks or Anchorage for single-day visits. Residents complained about tourists staring at them or walking through private property.
Limited aircraft capacity created problems, with locals sometimes competing with tourists for flights to larger cities for medical care, forcing those unable to board into costly overnight hotel stays.
Kaktovik suspended tourism during the pandemic. In 2021, federal authorities stopped boat tours entirely, primarily due to concerns about tourist impacts on bear behavior and community disruption.
Alaska Native leadership is currently negotiating with the U.S. Fish and Wildlife Service to address these issues and restart the industry, possibly by 2027. The agency stated to The Associated Press that it’s collaborating with Kaktovik “to ensure that any future opportunities are managed in a way that prioritizes visitor safety, resource protection, and community input.”
Proposed changes include limiting how long boats can remain near bears. Extended exposure makes bears comfortable around humans, Lampe noted, creating dangerous situations when bears enter the village seeking food.
At tourism’s peak, removing bears from town became more difficult despite the bear patrol using non-lethal ammunition. The patrol killed approximately three to four bears yearly, compared to maybe one annually before the tourism increase, Lampe said.
“Our safety was at risk,” Lampe said.
In 2023, a polar bear killed a 24-year-old woman and her 1-year-old son in Wales, western Alaska. This marked Alaska’s first fatal polar bear attack in nearly three decades in the only U.S. state where the species lives.
Since halting Kaktovik boat tours, bears appear more wary of humans again, Lampe observed.
Bear tourism overlaps with Kaktovik’s subsistence whaling season. When crews land whales, butchering typically occurs on nearby beaches. While the community welcomes visitor observation or participation, some recorded or photographed without permission, which is disrespectful, Lampe said.
Sherry Rupert, CEO of the American Indigenous Tourism Association, recommended Kaktovik develop two- or three-day experiences.
Native communities prepared for tourists “want them to come and be educated and walk away with a greater understanding of our people and our way of life and our culture,” she said.
Roger and Sonia MacKertich of Australia sought the world’s best polar bear viewing location when they visited Kaktovik in September 2019. They stayed several days, took an elder-guided walking tour, and purchased local artwork including a polar bear hoodie.
For Roger MacKertich, a Sydney-based professional wildlife photographer, boat tours watching bears on barrier islands or swimming were the experience highlight. The bears ignored their presence.
LOCK HAVEN, Pa. — Pennsylvania Governor Josh Shapiro may be expected to cruise to reelection, but the Democratic leader has much more at stake this election cycle than just his own political future.
As Shapiro begins ramping up his campaign activities, he’s working to help Democrats secure control of Pennsylvania’s state legislature for the first time in decades. He’s also backing his preferred candidates in competitive congressional primary races, attempting to shape his party’s roster for the midterm elections that will decide control of Congress.
These efforts mirror those of other potential Democratic presidential contenders who are testing their political influence in ways that could impact both their futures and their party’s direction.
Other governors have had mixed results with similar strategies. Illinois Governor JB Pritzker successfully supported his preferred candidate in his state’s U.S. Senate primary. Maryland Governor Wes Moore was unsuccessful in convincing lawmakers to redraw congressional maps, while California Governor Gavin Newsom secured redistricting through a voter referendum last year.
When questioned about potentially building his resume for a future White House bid, Shapiro dismissed both inquiries and Republican attacks on the subject.
“The only thing I am focused on is beating my opponent for governor and helping other Democrats get elected here and sending a clear message to Donald Trump that the chaos, cruelty and corruption that he’s been engaged in is not something that we support here in Pennsylvania,” Shapiro told The Associated Press after addressing Democrats at a crowded coffee shop in small-town Lock Haven.
While Shapiro has never publicly stated interest in a presidential run, he does express desire to influence his party’s direction. Democrats must learn how to “get stuff done” to improve people’s lives, he explained, and he wants to be “part of that conversation.”
Republican state treasurer Stacy Garrity, who is challenging Shapiro for governor, accused him of being unable to conceal his presidential ambitions — which she claims hurts Pennsylvania.
“We all know that he’s more interested in Pennsylvania Avenue than helping Pennsylvania families,” she said in an interview. “He thinks if he can hand Pennsylvania on a platter to the Democratic Party, then maybe they take a harder look at him.”
That strategy might work.
Pennsylvania presents unique political challenges, and Democrats nationwide are watching Shapiro’s success there, according to Paul Begala, a Democratic campaign strategist, commentator and former senior aide to President Bill Clinton.
This election provides Shapiro with a chance to showcase his political strength.
“Right now, Democrats, the thing they want the most is a winner, and a very close second is a fighter,” Begala said. “This election is an opportunity for him to show that.”
Before this year’s campaign season, Shapiro consolidated his influence over the Pennsylvania Democratic Party by securing the election of his chosen chair and contributing over $900,000 this election cycle to party coffers.
He’s positioned to surpass his own state fundraising records and regularly tells voters that Pennsylvania represents the “center of the political universe” in the battle for U.S. House control.
Democrats aim to capture four House seats in Pennsylvania. Shapiro has endorsed candidates including Scranton Mayor Paige Cognetti, state firefighters’ union president Bob Brooks, and former television news anchor Janelle Stelson, who came close to winning two years ago.
Shapiro has already produced a campaign advertisement for Brooks, who faces a competitive four-candidate primary to challenge freshman Republican Congressman Ryan Mackenzie.
Shapiro’s endorsements haven’t deterred other Democratic candidates from running.
Ryan Crosswell, a former federal prosecutor competing against Brooks, released a campaign statement that indirectly referenced the governor, stating Crosswell has “no party machine behind him, no power broker network, no favors to call in.”
Regarding his endorsement strategy, Shapiro stated: “I’m just focused on trying to elevate good people. Hopefully they’ll all win.”
Republicans are deploying their own high-profile supporters.
Garrity revealed that the White House requested a list of people she wants to visit Pennsylvania.
President Trump, Vice President JD Vance and several Cabinet members have already toured the state’s competitive congressional districts. House Speaker Mike Johnson recently conducted a fundraising tour through Pennsylvania.
“We know the majority runs through Pennsylvania and the speaker is focused on doing everything he can to help those members defend their seats,” said Greg Steele, a spokesperson for Johnson’s political operation.
Johnson will likely return to Pennsylvania, having made it his final campaign stop before the 2024 election.
Trump and Vance may also return, while the president continues monitoring Pennsylvania developments. Tuesday evening, he used social media to claim credit for a decision by coal-fired power plant owners not to close their facilities, calling it a “BIG WIN for the Great Commonwealth of Pennsylvania, which I love.”
As Shapiro launches his campaign efforts, he’s proving to be a significant draw even in Pennsylvania’s remote areas. This month, he helped fill a ballroom for Centre County Democrats and the coffee shop for Clinton County Democrats.
“I saw brand-new people, I saw people who have not been engaged in the party in years,” said Bre Brannan, Clinton County’s Democratic Party chair. The audience included Republicans and independents as well, she noted.
Shapiro tells audiences that with a Democratic “trifecta,” he could accomplish more, pointing to legislation Republicans have blocked. This includes increasing Pennsylvania’s extremely low minimum wage and expanding legal protections for LGBT residents. He’s also promoting a housing affordability initiative this year.
Gaining complete control of the state Legislature would represent a significant achievement. Democrats maintain a one-seat majority in the state House and haven’t controlled the state Senate in more than 30 years.
Few Democrats being considered for the 2028 presidential race have opportunities to demonstrate political strength and party-building skills in swing states.
This opportunity could help Shapiro establish his credentials when presidential campaign season begins and potential candidates seek institutional support, endorsements and donor commitments.
Investing money in down-ballot races and flipping seats may not impress average voters, but activists, donors and other elected officials value such efforts greatly, strategists explain.
Success would enhance Shapiro’s position as candidates compete in the “perception campaign” to appear as the strongest contender, said Democratic campaign strategist Mike Mikus.
“It doesn’t guarantee anything,” Mikus said. “But it is definitely something to bring to the table when you’re lining up donors, endorsements and finance chairs, things like that. It’s compelling to them.”
Multiple tornadoes tore through northern Oklahoma on Thursday, leaving at least 10 people with injuries, according to reports from KOCO News, an ABC affiliate.
The severe weather system brought substantial destruction to the region, with emergency responders launching search and rescue missions in the aftermath. Vance Air Force Base in Enid was among the areas that sustained damage from the tornado activity.
Rescue teams continue working in the affected areas as officials assess the full extent of the damage from Thursday’s severe weather outbreak.
Stock prices for Indian technology giant Infosys dropped significantly on Friday following the company’s announcement of disappointing revenue growth projections extending through fiscal year 2027.
The tech firm’s shares declined by up to 3.3% during trading, with concerns mounting over the company’s ability to navigate current market challenges. By mid-morning, the stock remained down 1.9% and ranked as the second-worst performer on India’s Nifty IT index.
Industry analysts point to cautious spending patterns related to artificial intelligence investments, combined with broader economic uncertainties, as key factors contributing to slower demand recovery across the technology services sector.
Growing concerns about energy security are fueling increased demand for lithium, according to the chief executive of Australia’s leading independent lithium mining company, PLS.
CEO Dale Henderson announced Friday that his company achieved remarkable success in the third quarter, nearly doubling lithium production while surpassing analyst projections. The mining operation reported an impressive 86% jump in spodumene concentrate production.
“In aggregate, what we’re seeing in the sector is deepening and broadening demand and strong tailwinds for lithium operators,” Henderson told Reuters.
The executive’s optimistic outlook stems from recent discussions with customers and industry leaders during a trip to China, which confirmed data indicating a rebound in electric vehicle sales.
Henderson highlighted robust interest from the stationary battery market and emerging electric mobility sectors, including electric trucks, as additional drivers of demand growth.
Investors responded positively to the news, with PLS shares climbing as much as 6.2% to A$6.030 before settling at A$5.890 as of 0225 GMT.
The company achieved record-breaking results in the quarter ending March 31, producing 232,436 dry metric tons of spodumene concentrate. This figure significantly exceeded the Visible Alpha consensus forecast of 215,000 dmt and nearly doubled the previous year’s output of 124,978 dmt.
The exceptional performance was largely attributed to strong recovery operations at the Pilgangoora facility in Western Australia, where lithium recovery rates averaged approximately 75%.
Spodumene shipments also showed substantial growth, reaching 195,691 dmt during the quarter compared to 125,468 dmt in the same period last year.
Looking ahead, PLS announced intentions to increase production at its Ngungaju plant in Western Australia to steady-state levels during the September quarter, while planning major maintenance work for the current quarter.
Henderson revealed that the company is engaged in discussions with major chemical manufacturers regarding supply contracts and is working to secure additional offtake agreements similar to its benchmark deal with China’s Canmax announced in February.
Operating costs showed improvement, declining 11% sequentially to A$520 per metric ton, though the company expects costs to rise in the current quarter due to restart expenses at the Ngungaju facility.
RBC Capital analyst Kaan Peker praised the results in a research note, calling it “a clear beat, driven by stronger-than-expected production and a meaningful cost outperformance.”
The Perth-based mining company maintained its 2026 production target of 820,000 to 870,000 tonnes.
In additional news, PLS secured a funding grant worth up to A$38.1 million ($27.17 million) from the Australian Renewable Energy Agency (ARENA), which will help offset operating expenses during the validation phase of its Mid-Stream Demonstration Plant.
Tennessee Titans shock with Ohio State WR Carnell Tate at pick 4
Bettors who wagered on Tate becoming the first Buckeye selected likely cashed in big. Tennessee faced multiple roster holes and had already invested significantly in mid-round wide receivers during last year’s draft, making the position an unlikely priority for the franchise.
Tate brings an excellent fit to Tennessee’s receiving corps, offering a legitimate top-tier option alongside Elic Ayomanor and Chimere Dike, who demonstrated potential but couldn’t quite provide enough support to boost quarterback Cam Ward’s early performance. Connecting their franchise signal-caller with an elite receiving target early in the draft could signal positive developments for Tennessee’s offensive unit.
Kansas City Chiefs surprise with LSU CB Mansoor Delane at selection 6
While teams making moves to climb the draft board wasn’t shocking in a talent class lacking elite prospects, most observers expected Kansas City’s potential trade-up would target pass rush help. The Chiefs did lose several cornerbacks during the offseason, but their aggressive move for Delane caught many off guard.
Nevertheless, head coach Andy Reid should be pleased to add Delane to the roster, considering the team’s limited depth at outside corner positions. The defensive backfield should gain stability through Delane’s versatile coverage skills.
Los Angeles Rams stun with Alabama QB Ty Simpson at number 13
The first-season Alabama quarterback has landed in an ideal developmental situation. Working under Rams head coach Sean McVay’s guidance while learning behind established starter Matthew Stafford for the next year or two, Simpson appears positioned to reach the peak form he displayed during his final college campaign’s opening half. Los Angeles is providing him extensive time to grow, which makes sense for a prospect many analysts believed couldn’t contribute immediately. Nevertheless, this pick stunned observers who view the Rams as legitimate Super Bowl contenders this year.
Minnesota Vikings take risk on Louisville DL Caleb Banks at pick 18
Had Banks not missed most of the 2025 season due to foot problems, this selection wouldn’t have raised eyebrows. However, Banks sustained another foot injury during the NFL Combine, leading many to believe his draft value had plummeted significantly.
Minnesota’s front office apparently focused on the exceptional athletic ability Banks demonstrated at the combine and seized the opportunity to select him. Whether this proves to be a brilliant high-upside gamble or a costly mistake remains to be determined through medical evaluations and time.
BEIJING – A Chinese artificial intelligence company made headlines Friday with the announcement of its newest AI technology upgrade.
DeepSeek, the Beijing-based startup, revealed through its WeChat social media platform that it has begun testing its latest V4 artificial intelligence system. The updated technology will offer both professional and flash editions, according to company officials.
This latest release marks the next step forward from the company’s V3 system, which launched in December 2024. The AI startup gained significant attention last year when its previous model went viral across social media platforms.
President Donald Trump is scheduled to address a cryptocurrency conference this Saturday at his Mar-a-Lago resort in Palm Beach, Florida, according to a White House announcement made Thursday evening.
The exclusive gathering at the private club has drawn sharp criticism and examination from Democratic lawmakers. Since taking office again in January 2025, Trump has implemented several policies favorable to the cryptocurrency industry.
According to the conference website, Trump will serve as the main speaker for the event. Attendance is reportedly restricted to only the top 297 holders of a digital currency called $TRUMP, a meme coin created in honor of the Republican president.
When details about this conference became public earlier this month, several Democratic senators voiced concerns about potential ethical issues. They stated that Congress needs to “take steps to prohibit and prevent these egregious conflicts of interest.”
Democratic Senators Elizabeth Warren, Adam Schiff, and Richard Blumenthal issued a joint statement saying: “It is essential that Congress fully understand the extent to which President Trump and his family are profiting off of his cryptocurrency ventures.”
The president has business interests in multiple cryptocurrency projects, including the meme coin bearing his name and a company called World Liberty Financial that is managed by his family members.
Trump has rejected any allegations of improper conduct regarding these business activities.
BEIJING, April 24 – South Korean automaker Hyundai Motor announced Friday its plans to introduce 20 new vehicle models across China during the next five years, marking an aggressive strategy to regain its position in the world’s biggest automotive marketplace.
The automaker has faced significant challenges in China, battling declining market share and fierce rivalry from local electric vehicle manufacturers that have dominated the competitive landscape.
Hyundai, which ranks as the globe’s third-largest automotive manufacturer alongside its partner Kia Corp based on sales figures, unveiled its renewed Chinese market strategy during the Beijing auto show.
The company introduced its China-exclusive electric SUV, the IONIQ V, which incorporates technology developed by Chinese autonomous driving company Momenta. Additionally, Hyundai announced plans to debut another SUV model during the first six months of next year.
According to the company, this five-year plan to debut 20 new models through its partnership with Beijing Automotive Group represents Hyundai’s “most ambitious product expansion” effort in the Chinese market.
The automaker confirmed its goal of reaching 500,000 annual vehicle sales in China, which would more than double its present sales volume in the country.
To strengthen its local market presence, Hyundai revealed expanded partnerships with autonomous driving firm Momenta and battery manufacturer CATL, following similar strategies employed by other international automotive brands competing in China’s intensely competitive market.
BEIJING – The luxury German automaker Mercedes-Benz is preparing to showcase its strategy for surviving China’s brutal automotive marketplace at this year’s Beijing auto show, as CEO Ola Kaellenius declares the company won’t engage in aggressive price cutting despite mounting competitive pressures.
The Stuttgart-headquartered manufacturer, along with other established European brands like BMW, is working to regain its footing in the globe’s biggest automotive market as aggressive local competitors offering cheaper alternatives continue gaining ground, leading to declining sales for traditional foreign brands.
“I wouldn’t count on the intensity of competition suddenly disappearing – and that’s not our plan,” Kaellenius told reporters on the eve of the show.
The company’s approach centers on technological advancement and building stronger local partnerships with suppliers and development teams rather than competing solely on price.
Kaellenius emphasized that Mercedes will resist entering into price battles with Chinese manufacturers, stating the company would rather sacrifice certain sales numbers in lower-tier markets if competing there makes “less economic sense.”
Chinese automotive companies such as BYD have successfully challenged foreign manufacturers’ historical control over budget vehicle segments using affordable electric models, and are now targeting luxury markets, creating additional challenges for Mercedes, which saw regional sales plummet 27% during the first quarter.
The German automaker’s China strategy includes launching seven fresh models through 2027 and introducing sophisticated driver assistance technology developed alongside Chinese technology partner Momenta. The Beijing show will feature the premiere of an updated electric GLC model with two configurations designed specifically for Chinese buyers.
“It would be completely wrong to believe that pedigree does not matter. It does matter,” Kaellenius said when asked whether Mercedes’ heritage carried the same weight in a tech-driven market.
However, he acknowledged that younger Chinese customers show greater willingness to explore different automotive brands, describing the situation by saying, “It’s a complete roller coaster market.”
Prosecutors in South Korea are demanding a 30-year prison sentence for former President Yoon Suk Yeol, according to Yonhap news agency reports from Friday. The charges center on accusations that he directed a drone mission over Pyongyang as part of a scheme to justify his martial law declaration in December 2024.
The Seoul Central District Court will issue its verdict at a future date yet to be announced.
This criminal case represents just one of eight legal proceedings currently facing Yoon, who was removed from office last year after his shocking martial law announcement that stunned a nation widely regarded as among Asia’s strongest democracies.
According to prosecutors, the drone mission escalated tensions between the two Koreas militarily, and when one of the aircraft went down, it created the possibility that classified military intelligence about the operation and South Korean defense capabilities could be compromised.
Through his legal team, Yoon has rejected all accusations, maintaining that he never engaged in any conduct that might have sparked armed conflict with North Korea.
The former leader faced indictment in November on multiple charges, including providing assistance to an enemy nation – a charge that can be applied even without direct collaboration if South Korea’s military security is compromised or if an opponent receives aid.
Kansas City executed the first trade-up of the 2026 NFL Draft on Thursday evening, exchanging picks with Cleveland to secure LSU cornerback Mansoor Delane with the sixth overall selection.
The deal saw Kansas City surrender the ninth overall pick along with third-round (74th) and fifth-round (148th) selections to move up three positions. Cleveland used the acquired ninth pick to draft Utah offensive tackle Spencer Fano, marking the first lineman selected in the draft.
The move addresses a critical need for Kansas City, which missed the playoffs for the first time since 2014 and recently traded two-time All-Pro cornerback Trent McDuffie to Los Angeles.
Delane became the evening’s first cornerback selected after earning unanimous All-American honors in 2025. During his final season at LSU, he recorded two interceptions, broke up 11 passes, and made 45 tackles across 11 games. The Virginia Tech transfer compiled impressive career totals including eight interceptions, 27 pass breakups, 191 tackles, and seven tackles for loss over four college seasons.
Dallas also made moves on draft night, trading up one spot to select Ohio State safety Caleb Downs at No. 11. The Cowboys sent picks 12, 177, and 180 to Miami, which immediately selected Alabama offensive tackle Kadyn Proctor.
The Cowboys continued their draft-day activity by dealing the 20th pick to division rival Philadelphia in exchange for the 23rd selection and two fourth-round picks (114th and 137th overall).
Philadelphia used their acquired pick to select USC receiver Makai Lemon, who became the third wide receiver drafted despite falling past several teams needing help at the position. Lemon posted 1,156 receiving yards and 11 touchdowns on 79 catches during his junior season with the Trojans. He joins DeVonta Smith on a Philadelphia roster amid widespread speculation that disgruntled star A.J. Brown will be traded to New England after June 1.
With their original pick at 23, Dallas selected UCF defensive lineman Malachi Lawrence, who recorded 20 sacks, 28 tackles for loss, and three forced fumbles during his 39-game college career.
BOSTON — When Cam Schlittler took the mound at Fenway Park wearing a New York Yankees uniform, the hometown crowd’s reaction was far more civil than the online harassment he’s endured.
The 25-year-old right-hander delivered a masterful performance against his childhood team, holding the Boston Red Sox to just four hits across eight innings as New York completed a three-game sweep with a 4-2 victory Thursday night, extending their winning streak to six games.
Growing up in Walpole as a Red Sox supporter and later playing college baseball at Northeastern, Schlittler recently revealed to the New York Post that he and his family have been receiving death threats online.
During his pre-game warmup in the bullpen, Yankees digital content producer Cody Charneski accompanied Schlittler with a camera. The pitcher noted that the presence of cameras seemed to keep fan behavior more respectful.
“There was a couple things but, again, Cody is out there with the camera, so I think that’ll limit that,” Schlittler explained. “Not too bad. I think you overestimate how many genuine people are out there compared to online. So it’s a good feeling. I had a lot of buddies out there watching.”
Family members and friends could be seen celebrating enthusiastically when Schlittler struck out Jarren Duran on his 96th and final pitch of the night.
The performance improved Schlittler’s record to 3-1 while surrendering just two runs (one earned) with five strikeouts, one walk, and dropping his ERA to 1.77. The eight-inning effort marked his longest appearance in 20 regular-season starts.
This outing matched his previous dominance over Boston, when he threw eight scoreless innings to eliminate the Red Sox in last year’s American League Wild Card Series at Yankee Stadium.
Yankees manager Aaron Boone praised his young pitcher’s mental approach. “He’s got a great demeanor about him. He’s very even keeled and very adaptable, but also competitive and very confident. All great traits,” Boone said. “He’s always looking forward to his day out there. He’s a very confident guy and I think it’s meaningful for him to come back to where he grew up.”
Before warming up, Schlittler tossed a baseball to a fan sitting in the front row near right field. During the game, another supporter displayed a yellow sign reading “Walpole Loves Schlittler.”
“For the most part, really respectful,” Schlittler said of the fan treatment.
When the public address announcer introduced Schlittler as New York’s starting pitcher, the crowd responded with a mix of applause and jeers. Cody Bellinger, whose pinch-hit two-run single sparked a three-run seventh inning rally, commended how his teammate has handled the intense scrutiny.
“I think he handled it great,” Bellinger said. “He’s such a young kid, and this rivalry, it is — it’s different when you wear these two uniforms and he’s just done a tremendous job pitching and handling everything that comes with it.”
In that playoff elimination game, Schlittler recorded 12 strikeouts to end Boston’s 2025 season.
“There were plenty of distractions to be had before his playoff start last year, and he obviously handled that really well,” Boone reflected.
Red Sox manager Alex Cora remembered that postseason performance vividly. “He was throwing hard that day,” Cora said before Thursday’s series finale. “From pitch one, we had to be almost perfect. We didn’t put too much pressure on him.”
A mother and her five children walked free Thursday after spending more than 10 months in federal immigration detention, setting a record for the longest family detention period during President Trump’s current term in office.
Federal Judge Fred Biery from the Western District of Texas issued the release order Thursday for Hayam El Gamal and her children, who range in age from 5 to 18 years old.
The family was placed in federal custody last June following a firebombing incident in Boulder, Colorado, where El Gamal’s former husband, Mohamed Sabry Soliman, faces charges. The attack targeted an event honoring Israeli hostages held by Hamas, and resulted in injuries to an 82-year-old woman who later died from her wounds.
“The El Gamal family is free,” declared Eric Lee, the attorney representing the family during their detention in Texas.
As part of their release conditions, both El Gamal and her oldest daughter, 18-year-old Habiba Soliman, must wear electronic ankle monitoring devices.
The Department of Homeland Security, which oversees Immigration and Customs Enforcement, strongly opposed the court’s decision. Officials characterized the ruling as coming from an “activist judge” who was “releasing this terrorist’s family onto American streets.”
According to NBC News reports, El Gamal ended her marriage to Soliman following his arrest and publicly denounced the attack. Federal investigators have been examining “to what extent” the family may have known about the planned assault, though the family’s legal representatives maintain they had no advance warning of Soliman’s intentions and argue the detention was unlawful.
The family’s attorneys raised serious concerns about deteriorating health conditions during the extended detention, claiming inadequate medical treatment was provided. Lee reported that El Gamal required emergency room treatment earlier this month due to “excruciating pain,” where a CT scan revealed “fluid around the heart.” The legal team also stated that all five children were experiencing depression.
Homeland Security officials countered that the family received proper medical attention and due process throughout their detention.
Civil rights organizations have consistently criticized conditions within ICE detention facilities, describing them as inhumane based on detainee complaints.
Since Trump resumed office, at least 47 individuals have died while in ICE custody. Civil rights advocates have condemned the administration’s immigration enforcement approach, citing violations of due process and free speech protections, while arguing the policies create dangerous conditions especially for minority communities.
The Trump administration defends these measures as essential for controlling unauthorized immigration and strengthening national security.
Fernando Mendoza faces his biggest challenge yet: transforming the struggling Las Vegas Raiders into championship contenders.
Las Vegas selected the Indiana quarterback with Thursday’s first overall pick in the NFL Draft. The 22-year-old becomes the focal point of the franchise’s rebuilding efforts after his remarkable season with the Hoosiers, where he captured the Heisman Trophy and guided the program to its inaugural national championship.
During his final college campaign, Mendoza threw 41 touchdown passes against just six interceptions while completing 72% of his attempts, leading Indiana to a flawless 16-0 season that few predicted. The Hoosiers entered the year holding the FBS record for most losses in history with 715 defeats.
Las Vegas’s choice came as no shock given their dismal 3-14 finish in 2025. The selection had been widely anticipated for months as the Raiders searched for their franchise quarterback. The remaining question centers on whether Mendoza will immediately claim the starting role or learn behind veteran Kirk Cousins initially.
While the Raiders’ selection lacked drama, the remainder of the top 10 delivered plenty of unexpected moves.
New York’s Jets surprised many by choosing Texas Tech pass rusher David Bailey second overall. Bailey recorded 14.5 sacks across 14 games last season, leading the Jets to overlook heavily favored edge rusher Arvell Reese.
Arizona made another stunning move at third overall, selecting Notre Dame running back Jeremiyah Love. Despite having other pressing needs, the Cardinals couldn’t pass on Love’s explosive ability after he averaged 6.9 yards per rush and scored 18 rushing touchdowns.
Tennessee continued the surprises at fourth overall by choosing Ohio State receiver Carnell Tate over top defensive prospects. Tate hauled in 51 receptions for nine touchdowns during the 2025 season.
Speaking about his new partnership with Titans quarterback Cam Ward, Tate expressed confidence in their future connection.
“I’m a reliable target for him,” Tate stated. “Whenever he needs me, I’m there for him. I’m always open.”
The New York Giants capitalized on Reese’s slide, grabbing him fifth overall to bolster what could become one of the league’s most formidable pass-rushing groups.
“The Giants told me they’re going to get unique with me,” Reese commented. “They said they’re going to use me in a bunch of unique ways. I’m looking forward to that.”
The evening’s first trade materialized when Kansas City moved up three spots from ninth to sixth, sending Cleveland their third-round selection (74th overall) and fifth-round pick (148th overall) to make the jump.
The Chiefs then chose LSU cornerback Mansoor Delane with their acquired pick.
Delane revealed that Kansas City had kept their interest quiet throughout the pre-draft process, apparently as a strategic deception.
“They said they just wanted to keep it quiet and make that sneak move,” Delane explained. “And they made the best move in the draft. So I’m excited.”
Washington continued the Ohio State trend at seventh overall by selecting linebacker Sonny Styles, making him the third Buckeye chosen among the top seven picks. New Orleans followed at eighth by drafting Arizona State wide receiver Jordyn Tyson.
Two offensive linemen completed the top 10 selections.
Cleveland used the ninth pick to select Utah tackle Spencer Fano. The Giants then utilized their second first-round selection to choose Miami Hurricanes tackle Francis Mauigoa tenth overall.
Dallas moved quickly when Ohio State safety Caleb Downs dropped beyond the top 10. The Cowboys traded up one position to 11th overall, sending Miami the 12th pick plus two fifth-round selections (177th and 180th overall) to secure Downs for their secondary.
Miami responded by taking Alabama tackle Kadyn Proctor with the 12th pick, making him the third offensive lineman selected.
Los Angeles delivered another shock at 13th overall by choosing Alabama quarterback Ty Simpson. The Rams saw an opportunity to secure their future signal-caller, who will develop under head coach Sean McVay and veteran starter Matthew Stafford.
“Two of the greatest minds in offense,” Simpson said. “I’m looking forward to it.”
Baltimore selected Penn State guard Olaivavega Ioane 14th overall, while Tampa Bay chose Miami edge rusher Rueben Bain Jr. with the 15th pick.
Bain Jr. openly expressed his frustration about falling to the 15th selection and spoke passionately about proving the Buccaneers made the correct decision.
“I know I’m the best in the country, and I’m going to show it,” he declared.
The Jets added Oregon tight end Kenyon Sadiq 16th overall, followed by Detroit selecting Clemson offensive tackle Blake Miller with the 17th pick.
The NBA handed Phoenix Suns star Devin Booker a hefty $35,000 penalty on Thursday for publicly blasting a referee’s work following his team’s playoff defeat, though the league also gave him some vindication in the process.
Officials announced they were overturning a technical foul assessed against Booker during the late stages of the third quarter, stating it had been “improperly assessed.”
The controversy stemmed from Phoenix’s 120-107 defeat to Oklahoma City on Wednesday night, which put the Suns in a 2-0 hole in their Western Conference quarterfinal matchup against the defending champions. Following that loss, Booker didn’t hold back when discussing the game’s officiating.
“It’s definitely something that has to be looked at,” Booker said postgame. “I heard (Oklahoma City’s Alex) Caruso tell them to call the tech, and he ended up doing it. In my 11 years, I haven’t called a ref out by name, but James (Williams) was terrible tonight.”
The veteran guard continued his criticism, stating, “Whatever I get fined for, everybody can pull the clips and see where the frustration comes from.”
The financial penalty came from NBA executive vice president and head of basketball operations James Jones. The league’s statement also responded to Booker’s accusations of bias, declaring, “Following an investigation including multiple interviews and video review, the league found no basis to any claim of bias or misconduct by game officials.”
Despite defending the officials’ conduct, the NBA acknowledged the technical foul against Booker should never have been called.
In Wednesday’s contest, Booker contributed 22 points and seven rebounds, following up his 23-point, six-rebound performance in the series opener. During the regular season, the guard averaged 26.1 points, 6.0 assists and 3.9 rebounds across 64 starts.
Throughout his 11-year NBA career, all spent in Phoenix, Booker has earned five All-Star selections. His career statistics include 24.6 points, 5.3 assists and 4.0 rebounds per game over 737 appearances, with 712 as a starter.
Following intense public backlash, University of Kentucky Athletic Director Mitch Barnhart announced Thursday he will decline a controversial $1 million position that was set to begin after his retirement.
Both UK President Eli Capilouto and Barnhart released joint statements confirming that Barnhart will not take the executive in residence role with the UK Sports and Workforce Initiative. The position drew sharp criticism from Governor Andy Beshear, who described it on social media Tuesday as “a new $1 million job that has no defined duties.” Major Kentucky athletics donors also voiced opposition to the arrangement.
“Mitch Barnhart came to me earlier this week to share his concern that the discussion surrounding his future role leading our sports workforce initiative has become a distraction from the work of our university,” Capilouto said in a statement. “Mitch and his family care deeply about this institution and our state, and they want the focus to return to the work that matters most for our students and the Commonwealth.”
Capilouto confirmed that the 66-year-old Barnhart will proceed with his planned retirement on June 30 but will “step away” from the university role they had designed for him. They will negotiate his departure terms according to his existing contract. Initial reports indicated Barnhart would have received $950,000 per year through August 2030.
“The compensation associated with his departure will be supported entirely by private funds — not athletic funds, not funds that would go toward NIL opportunities or university funds — that I will raise,” Capilouto said. “Mitch’s impact on this university has been profound, and I am grateful for his decades of leadership and service.”
Barnhart has led the Wildcats’ athletic program since 2002, making him the SEC’s longest-serving athletic director currently in position.
Last August, Barnhart received a contract extension running through 2028. Reports indicate his agreement contained provisions allowing him to transition from his athletic director duties in July 2026 to take on a different university role, such as serving as a special assistant to Capilouto.
In Thursday’s announcement, Barnhart explained his decision to change course.
“With our family previously having made the decision to retire in June from the position of Athletics Director, we were very excited about beginning the Workforce Initiative, developing a new program and pouring into the next generation of leaders in sports,” Barnhart said. “Work has already begun on the Initiative but recently it has become apparent that now is not the right time and we would never stand in the way of what we deem best. The world of sports is dynamic and ever-changing. It is my hope that this initiative will continue in the future.”
Under Barnhart’s leadership, the Wildcats captured six national titles: men’s basketball in 2012, women’s volleyball in 2020, and rifle team championships in 2011, 2018, 2021, and 2022.
The Kentucky football program achieved two 10-win seasons during his tenure in 2018 and 2021, reaching its highest point with a No. 7 Associated Press ranking in 2022.
The Sports Business Journal recognized Barnhart as Division I Athletic Director of the Year in 2019.
However, recent struggles in major sports programs have created challenges. Kentucky’s football team’s decline resulted in the dismissal of head coach Mark Stoops in December following 13 seasons. Despite being the most successful football coach in school history with an 82-80 record, Stoops’ teams struggled to 4-8 in 2024 and 5-7 in 2025.
Kentucky faced a substantial buyout obligation of approximately $37.7 million to Stoops, representing 75% of his remaining contract value.
The men’s basketball program, long considered the crown jewel of Kentucky athletics and among college basketball’s elite programs, experienced upheaval when accomplished coach John Calipari departed in 2024 after 14 seasons, despite winning the 2012 national championship. His successor, Mark Pope, has struggled to meet the high standards expected in Lexington.
“I am losing confidence and growing increasingly concerned with the management and decision-making at the University of Kentucky,” Beshear said in a statement on Tuesday. “My concerns include the creation of a new $1 million job that has no defined duties and the announcement that the new dean of law was the only candidate not recommended by law school faculty.”
Financial markets across Asia displayed inconsistent performance Friday as crude oil costs continued climbing, driven by persistent tensions between the United States and Iran that have left investors uncertain about regional stability.
The MSCI Asia-Pacific stock index excluding Japan climbed 0.3% and appeared headed for a weekly increase of 0.8%, while Japan’s Nikkei gained 0.45%. However, markets in South Korea, China and Hong Kong posted declines.
U.S. market futures showed Nasdaq advancing 0.6% and S&P 500 rising 0.1% after Thursday’s cash session closed lower, while European futures pointed to losses with EUROSTOXX 50 down 0.65% and FTSE falling 0.9%.
The inconsistent market performance highlighted investor anxiety as trading this week has alternated between optimism for conflict resolution and concerns about prolonged instability.
“The thing is, a ceasefire is a funny term to use in conjunction with a blockade and rolling tensions and animosities,” explained Vishnu Varathan, who serves as Mizuho’s head of macro strategy for APAC.
Tehran demonstrated its control over the crucial Strait of Hormuz Thursday by releasing footage showing commandos boarding a large cargo vessel from speedboats. Meanwhile, President Donald Trump announced he had directed the Navy to “shoot and kill” Iranian vessels placing mines in the waterway while increasing mine-clearing operations.
These aggressive statements followed Trump’s recent decision to extend indefinitely what was originally planned as a two-week ceasefire with Iran to permit additional diplomatic discussions.
“It’s not going to be a linear de-escalation of violence and oil prices and volatility around the entire supply shock,” Varathan noted.
“(Investors) have just been looking for excuses to put on optimistic trades opportunistically. I don’t think anybody in the market truly believes that this will be over in a week or two.”
Energy markets saw prices increase as the Strait of Hormuz standoff continued. Brent crude futures surged more than 1% to reach $106.21 per barrel, while U.S. crude advanced 1% to $96.77 per barrel.
Investors showed little reaction to news that Lebanon and Israel had agreed to extend their ceasefire for three additional weeks following high-level discussions at the White House.
Currency movements remained relatively subdued Friday, though the dollar was positioned for weekly gains due to renewed demand for safe-haven assets.
The euro traded at $1.1684 and was tracking toward a nearly 0.7% weekly loss, while the British pound held steady at $1.3469 but faced a modest weekly decline.
Multiple central banks including the Federal Reserve, European Central Bank and Bank of England will announce policy decisions next week, with market participants watching closely for commentary on how the conflict might affect inflation and economic growth.
“In view of the demand destruction implied by higher energy prices, there may be an understandable reluctance by many G10 policymakers to push ahead with rate hikes over the coming months,” said Jane Foley, who leads FX strategy at Rabobank.
The Bank of Japan will also convene next week, with expectations that the central bank will maintain current interest rates.
Currency traders focused attention on the yen, which approached the critical 160-per-dollar threshold that many analysts view as likely to trigger government intervention.
The Japanese currency weakened slightly to 159.78 per dollar and was positioned for a 0.7% weekly decline.
Japanese Finance Minister Satsuki Katayama issued fresh intervention warnings Friday, emphasizing “decisive action” in coordination with the United States.
“Lower market liquidity during Golden Week, which comes directly after the BOJ meeting, may provide an opportunity for FX intervention and a knee-jerk appreciation in the yen within the 150–160 range,” explained Carl Ang, a fixed income research analyst at MFS Investment Management.
Japanese markets will close for several days during the annual Golden Week holiday period extending into early May.
Gold prices remained unchanged at $4,691.60 per ounce.
Delaware State University softball coach Daniel Stockdale has earned recognition as one of the nation’s top 10 Black head coaches in Division I athletics, according to an announcement made on April 23, 2026.
The prestigious designation acknowledges Stockdale’s exceptional leadership and significant impact within collegiate softball. This recognition places the Delaware State coach among an elite group of African American coaches making their mark at the highest level of college athletics.
The honor reflects Stockdale’s dedication to developing student-athletes both on and off the field while representing Delaware State University’s commitment to excellence in its athletic programs.
This achievement adds to the growing recognition of diversity and leadership within college sports, particularly highlighting coaches who are making significant contributions to their programs and student-athletes’ development.
Indiana quarterback Fernando Mendoza expressed overwhelming joy Thursday night after the Las Vegas Raiders selected him with the first overall pick in the NFL Draft, calling the opportunity to join the franchise “ecstatic.”
The selection came as no surprise, as Mendoza captured the Heisman Trophy this past season while guiding the Hoosiers to a perfect 16-0 record and their first national championship. Now the 22-year-old signal-caller says he’s ready to advance to professional football.
“College was fantastic and I’m so blessed to have had that career, but now I step into the great game in the NFL,” Mendoza stated. “I look forward to earning it and proving it every day.”
RAIDERS SEEK TURNAROUND
Las Vegas is counting on Mendoza’s precision throwing, smart decision-making, and durability to help resurrect a franchise with a rich history but recent struggles. The organization is coming off a disappointing 3-14 campaign where they managed just 241 points, the fewest in the league, and haven’t secured a postseason victory since before Mendoza was even born.
Raiders General Manager John Spytek emphasized that selecting Mendoza wasn’t simply handing him the starting role, but rather the result of extensive evaluation where the quarterback excelled at every level of assessment.
“He’s a hard-working, driven and extremely smart young man,” Spytek commented.
The rookie quarterback will have the unique opportunity to learn from Raiders minority owner Tom Brady, the seven-time Super Bowl champion, while competing with veteran Kirk Cousins and 2023 draft selection Aidan O’Connell in the quarterback competition.
HIGH EXPECTATIONS
Raiders supporters are hoping Mendoza represents the long-term answer at quarterback that has eluded the organization for years.
“I expect fans to see a guy who comes out and gives his best to Raider Nation,” Spytek explained. “He’s going to compete his tail off with Kirk and with Aidan. As we’ve said, this is a meritocracy in the NFL. The best guy will play. But we expect him to come in ready to roll — that’s the kind of person he is.”
During his final collegiate season, Mendoza posted impressive numbers, completing 71.5% of his throws for 2,980 yards while contributing 39 total touchdowns. When NFL Commissioner Roger Goodell called his name from the stage in Pittsburgh, Mendoza embraced his mother and displayed a wide grin while donning his new Raiders hat.
“What a great organization, what a great legacy,” Mendoza said about the Raiders, who have reached five Super Bowls and claimed three championships. “There are so many great teammates, coaches and owners I’m looking forward to talking to. I’m ecstatic for the opportunity.”
In an unprecedented legal proceeding, 486 suspected gang members are facing trial simultaneously in El Salvador, with defendants watching court hearings on large screens from inside maximum-security facilities where they remain restrained with handcuffs and leg shackles.
The historic mass trial represents the largest of its kind under President Nayib Bukele’s aggressive anti-gang campaign. Since implementing emergency powers in April 2022, Bukele has suspended constitutional protections and authorized the detention of more than 91,000 individuals, mostly suspected members of MS-13 and Barrio 18 criminal organizations.
El Salvador became the only Latin American nation to permit mass trials after Bukele’s New Ideas party enacted legislation allowing such proceedings. The current defendants are housed across five different correctional facilities, including the high-security CECOT prison that opened in 2023 as a cornerstone of the president’s zero-tolerance approach.
At CECOT, inmates wear white uniforms and have shaved heads, with some displaying tattoos associated with MS-13. Armed security personnel maintain constant surveillance of the facility.
Legal authorities have charged the alleged gang members with involvement in more than 47,000 criminal acts spanning from 2012 to 2022, encompassing extortion schemes, weapons trafficking, and murder.
However, the mass trial defendants face charges solely for gang association and will receive sentences based on membership rather than specific crimes, according to Ana Maria Mendez, Central America director for the Washington Office on Latin America. Following standard practice for El Salvador’s criminal courts, the proceedings remain closed to public observation.
“There is no way to see and verify that the information the prosecutors present is true. Secrecy is now the norm in El Salvador,” Mendez stated.
Given the volume of detained individuals and extended pre-trial periods, mass trials will likely become standard practice in El Salvador, she predicted.
Salvadoran defense attorney Roxana Cardona criticized the process, saying “Mass trials are just formalities. They violate the right to defense, which allows lawyers to sit down with their accused clients and build a defense strategy. In mass trials, that is completely lost.”
Neither a Bukele representative nor the attorney general’s office responded to requests for comment.
Bukele has justified mass trials as essential tools in combating gangs that previously controlled large portions of the nation. His hardline crime policies have earned widespread approval from Salvadorans, establishing him as one of Latin America’s most popular political leaders.
The Inter-American Commission on Human Rights issued fresh concerns Tuesday regarding rights violations during El Salvador’s emergency period and urged authorities to discontinue using emergency measures for crime fighting.
Government officials attribute the gang crackdown conducted under emergency authority to reducing last year’s homicide rate to 1.3 per 100,000 residents, down from 7.8 in 2022.
Chinese technology company Xiaomi announced Friday that it has shipped 26,000 units of its new SU7 electric sedan series since the vehicle’s March debut.
Speaking to reporters at the Beijing Autoshow, Xiaomi Chief Executive Officer Lei Jun revealed that the company had secured 60,000 confirmed orders for the next-generation SU7 sedans through April 23. Jun also announced plans to unveil the company’s YU7 GT series by the end of May.
The Chinese electronics manufacturer, which has built a massive consumer base in China, is now directly competing with Tesla as it pursues a high-end approach in the electric vehicle sector. The company has set its sights on expanding into the European market next year, marking its initial international expansion effort.
Crude oil markets surged Friday morning as investors reacted to heightened military activity in the Middle East, with Iran demonstrating its control over a critical shipping route that handles a fifth of the world’s oil and gas traffic.
Brent crude climbed $1.23 to reach $106.30 per barrel, marking a 1.17% increase by early morning trading, while West Texas Intermediate gained $1.07 to $96.92, up 1.12%.
Thursday’s trading session saw both oil benchmarks close with gains exceeding 3%, surging $5 per barrel following reports of air defense systems activating over Tehran and internal political tensions between Iran’s hardline and moderate factions.
President Donald Trump commented that Iran might have enhanced its military capabilities “a little bit” during a recent two-week ceasefire period, while asserting that American forces could neutralize such weaponry within 24 hours.
According to analysis from Haitong Futures, the current ceasefire appears to be serving as preparation for potential warfare. The firm warned that if diplomatic discussions between the United States and Iran don’t achieve significant breakthroughs by month’s end and hostilities resume, oil markets could reach new annual peaks.
Following the breakdown of peace negotiations Thursday, Iran broadcast footage showing special forces in speedboats taking control of a massive cargo vessel, demonstrating Tehran’s dominance over the Strait of Hormuz waterway.
While global leaders and investors seek lasting peace, Trump indicated he wouldn’t establish a specific timeline for resolving the Iranian conflict, expressing his desire to negotiate “a great deal.”
“Don’t rush me,” Trump responded when questioned about his patience for achieving a comprehensive peace agreement with Iran.
Energy analyst Mingyu Gao from China Futures warned that extended disruptions to Strait of Hormuz shipping could drive worldwide crude oil and refined product stockpiles below typical five-year seasonal minimums by late May or early June, potentially adding supply shortage premiums to oil pricing.
In a Thursday social media announcement, Trump revealed that Israel and Lebanon had agreed to a three-week ceasefire extension following high-level discussions between both nations’ representatives at the White House.
Prior to this development, Israeli officials had indicated readiness to resume military operations against Iran.
Delaware Department of Transportation crews have temporarily closed the right lane on southbound Route 896 for construction activities between the Interstate 95 interchange and Old Baltimore Pike.
The lane restriction will remain in place until 6 a.m., according to DelDOT traffic alerts.
Motorists traveling through the area should expect delays and are advised to use caution while navigating through the construction zone. Drivers may want to consider alternate routes or allow extra travel time during the closure period.
MIDDLETOWN, Pa. – Salisbury University’s nationally-ranked baseball squad delivered a commanding performance Thursday afternoon, defeating Penn State Harrisburg 10-2 at Nittany Field to extend their winning streak to six games.
The Sea Gulls, currently ranked 12th in the nation, showcased their offensive power by scoring eight consecutive runs during their last four innings at the plate, transforming what had been a competitive contest into a decisive victory over the Lions.
The dominant finish highlighted Salisbury’s ability to capitalize on scoring opportunities and pull away from opponents in crucial moments of the game.
An Australian mining company announced on Friday its commitment to expand green energy investments as part of a strategy to reduce vulnerability to volatile oil markets while maintaining steady production forecasts for the year.
Fortescue, ranked as the globe’s fourth-biggest iron ore producer, is pursuing an aggressive timeline to eliminate fossil fuels from its operations ahead of competitors, positioning itself advantageously as mining companies worldwide grapple with inflation pressures stemming from Middle Eastern conflicts.
“We’re getting on with decarbonising our operations and we’re already seeing the benefits,” said Fortescue Metals and Operations Chief Executive Officer Dino Otranto.
“We’re fundamentally reshaping how we power our operations by cutting our reliance on fossil fuels, at a time when energy supply is increasingly uncertain,” Otranto added.
The mining company revealed plans to allocate $680 million toward developing new sustainable energy infrastructure in the Pilbara region, expanding upon earlier commitments to accelerate deployment of an independent green energy network designed to phase out fossil fuel dependency.
During the quarter ending March 31, Fortescue delivered 48.4 million metric tons of iron ore, falling slightly short of analyst projections of 48.6 million tons but exceeding the previous year’s figure of 46.1 million tons.
The Perth-based company maintained its fiscal 2026 projection of 195 million to 205 million tons but revised downward its Iron Bridge shipment expectations to 9 million to 10 million tons on a full basis, compared to previous estimates of 10 million to 12 million tons.
Output from Fortescue’s Iron Bridge facility in Western Australia increased 33.3% to 2 million tons during the third quarter, though operations faced setbacks from severe weather conditions caused by Tropical Cyclones Mitchell and Narelle.
The company also highlighted increasing operational expenses. Hematite operations delivered 46.4 million tons during the quarter compared to 44.6 million tons the previous year, with C1 unit costs climbing over 4% to $18.29 per wet metric ton.
Fortescue cautioned that a $10 fluctuation in Brent crude oil prices per barrel could impact its hematite iron ore C1 unit costs by approximately $0.20 per wet metric ton, assuming other variables remain stable.
The New York Jets made Texas Tech pass rusher David Bailey their top choice Thursday evening, selecting him with the second overall pick in the NFL Draft at their Florham Park, New Jersey headquarters.
Bailey brings much-needed defensive firepower to head coach Aaron Glenn’s squad, which struggled significantly on defense during the previous season and ranked among the league’s bottom performers.
This selection launches what promises to be an active opening phase for the franchise, as New York holds four picks within the first 44 selections. The organization also controls the 16th overall choice and opens Friday evening’s second round with the 33rd pick.
“I feel like this organization is trending in the right way,” Bailey said. “I’m just ready to work.”
The selection marks the highest defensive player chosen by the franchise since the NFL merger occurred in 1970.
While Las Vegas was widely expected to take quarterback Fernando Mendoza with the top selection, speculation focused heavily on New York’s intentions at the second spot. Recent weeks saw both Bailey and Ohio State edge rusher Arvell Reese frequently mentioned as potential targets for the organization, with the main question being which player they would ultimately choose rather than whether they might trade the selection.
General manager Darren Mougey opted to remain at the second position and selected Bailey, who faces expectations to strengthen a pass rush that finished 31st league-wide with just 26 quarterback takedowns. The crosstown Giants subsequently chose Reese fifth overall.
The 22-year-old dominated during his final college campaign at Texas Tech, sharing the national lead with 14.5 quarterback sacks. His impressive statistics also included ranking second nationally with 19.5 tackles behind the line of scrimmage, along with three forced fumbles and three pass breakups across 14 appearances, including 13 starting assignments.
Bailey’s arrival helps fill the void left by edge rusher Jermaine Johnson, whom the organization traded to Tennessee in February in exchange for defensive tackle T’Vondre Sweat.
“That feeling, it’s like no other,” Bailey said of getting sacks. “It’s really what I be chasing. I have a lot of motivations for why I play the game. That’s one of them. That feeling when you get a sack and the crowd is on your side, especially during a home game — but regardless, home or away — it’s one of the best feelings. I take a lot of pride in that.”
Following three campaigns at Stanford, Bailey transferred to Texas Tech where he earned Associated Press All-America recognition, Big 12 defensive lineman of the year honors, the conference’s newcomer award, and became a Lombardi Award finalist for the nation’s top lineman.
The franchise canceled Bailey’s scheduled top-30 prospect visit last week, prompting some observers to question their continued interest. However, Mougey clarified during Tuesday’s pre-draft media session that the cancellation didn’t reflect reduced enthusiasm.
“In regards to David, we had good touch points with him at the combine, we went to his pro day, had a good dinner with him,” Mougey said. “We were just kind of juggling our 30 and how to use them and I wouldn’t look too much into a cancellation because there were other ones we may have changed, as well.”
Bailey will ultimately visit the team’s training facility after all, now as their premier draft selection.
“I had a great interaction with them at the combine,” Bailey said. “Obviously, they canceled the 30 visit, but other than that, man, I had a great FaceTime with Mougey and everybody.”
This represents only the fourth occasion in franchise history that the organization has held the second overall selection, and the first since choosing quarterback Zach Wilson in 2021. Running back Blair Thomas in 1990 and wide receiver Johnny “Lam” Jones in 1980 were the previous second overall picks.
Elon Musk’s space exploration company is relying on Texas corporate regulations to shield itself from unwanted takeover attempts and aggressive investors seeking company changes, according to regulatory documents obtained by Reuters.
The rocket manufacturer is gearing up for what industry experts believe could become the biggest initial public offering ever recorded, potentially transforming space ventures from high-risk speculation into standard investment opportunities.
In its S-1 regulatory submission, SpaceX outlined how Texas statutes and corporate governance rules will create barriers against unwelcome advances. “Some provisions of Texas law, and our charter and our bylaws contain provisions that could make the following transactions more difficult: acquisitions of us by means of a tender offer, a proxy contest or otherwise, or removal of our incumbent officers and directors,” the company stated in the filing.
The document explained that Texas anti-takeover regulations are “expected to discourage coercive takeover practices and inadequate takeover bids.” Any entity attempting to acquire SpaceX would be required to “first negotiate with us,” according to the filing.
These protective measures may reassure investors during a period when corporations increasingly face pressure from activist shareholders who frequently threaten board member removal through proxy battles to force organizational changes.
Data from Barclays shows activist investors initiated 41 campaigns targeting U.S. corporations during the first quarter of 2026, representing a 3% rise compared to the same period the previous year. Technology and industrial sectors experienced the heaviest activist attention.
Legal experts and industry analysts note that SpaceX’s decision to incorporate in Texas makes geographical sense, given that the company builds its Starship vehicles at its Starbase facility in the Lone Star State, rather than choosing Delaware where most Fortune 500 corporations establish their legal headquarters.
However, Musk’s choice also stems from personal motivations. Tesla, his electric vehicle company, relocated its incorporation to Texas two years ago following a Delaware court ruling that invalidated his $56 billion compensation agreement. Though the Delaware Supreme Court subsequently overturned that decision and restored the pay package, the experience influenced Musk’s corporate strategy.
Legal professionals and business analysts suggest that by choosing Texas, SpaceX aims to concentrate authority within its board while diminishing shareholder influence.
They point out that Texas regulations enable companies to prohibit numerous types of lawsuits and limit shareholder proposal submissions. Corporate governance specialists have cautioned that restricting shareholder proposals might reduce the appeal of U.S. company investments.
Proxy advisory organizations such as Institutional Shareholder Services and Glass Lewis, whose guidance typically influences investor decisions on board compositions and merger approvals, may face requirements to publicly reveal when their recommendations consider “nonfinancial factors,” including environmental, social, or governance considerations.
Cisco Systems unveiled a groundbreaking switching chip Thursday that the company says will enable different types of quantum computers to communicate with each other, marking another milestone in building what could become a quantum version of the internet.
While major technology companies like Google and IBM are racing to build their own quantum computers, Cisco has taken a different approach by focusing on connecting quantum machines from various manufacturers rather than creating its own hardware.
Current quantum computers use vastly different technologies – some operate by targeting rubidium atoms suspended in vacuum chambers with laser beams, while others rely on superconductors chilled to temperatures near absolute zero.
Vijoy Pandey, who serves as senior vice president and general manager of Outshift, Cisco’s emerging technologies division, explained that quantum researchers expect each of these different methods may prove valuable for specific applications. Cisco’s new switch operates at normal room temperature using standard fiber-optic telecommunications cables to bridge the communication gap between these diverse systems.
“You can speak any language,” Pandey said.
Although extensive networks of quantum computers likely won’t emerge until the 2030s, Cisco’s switching technology could provide immediate benefits for cybersecurity, according to Jeetu Patel, the company’s president and chief product officer.
Quantum mechanics operates on the principle that information can exist in multiple states simultaneously until observed – similar to the famous thought experiment where Schrödinger’s cat remains both alive and dead until someone opens the box to check.
Cisco’s switch can link multiple quantum sensors that are currently available into a networked “entangled state.” When hackers or malicious artificial intelligence systems attempt to spy on the network, the quantum sensors would immediately detect the intrusion because the entanglement would break down when the information gets intercepted.
“If you can start detecting behaviors of what is happening on the network through a quantum switch, it changes your defense posture almost entirely,” Patel said.
The Chicago Cubs continued their hot streak Thursday afternoon, defeating the Philadelphia Phillies 8-7 in extra innings to extend their winning streak to nine games.
Dansby Swanson delivered the decisive blow with a walk-off single in the 10th inning, capping off a dramatic comeback victory at Wrigley Field. The win completed a four-game sweep of Philadelphia and marked Chicago’s longest winning streak since an 11-game run in 2016.
Meanwhile, the Phillies’ struggles continued as they dropped their ninth consecutive game, leaving them with the worst record in the National League at 8-17.
The extra-inning drama began when Cubs pitcher Javier Assad (2-1) retired Philadelphia in order during the top of the 10th. In the bottom half, Phillies reliever Tanner Banks (0-2) intentionally walked Seiya Suzuki before allowing Carson Kelly’s single to load the bases.
Following Michael Busch’s strikeout, Swanson stepped up and drove a single to right field to end the contest.
Chicago’s offense exploded for 18 hits in the victory, led by Busch’s four RBIs and home run performance. Both Suzuki and Kelly contributed three hits each, with Suzuki also going deep.
The game remained tied 6-6 entering the eighth inning when Suzuki broke the deadlock with his third home run in three games, connecting on a fastball from Philadelphia reliever Brad Keller.
Philadelphia responded in the ninth inning as pinch hitter Adolis Garcia launched his third homer of the season off Chicago’s Caleb Thielbar, evening the score at 7-7 and forcing extra innings.
Cubs starter Edward Cabrera pitched seven innings, surrendering five runs (three earned) on six hits while striking out five batters and issuing no walks. For Philadelphia, Cristopher Sanchez lasted 5 1/3 innings, giving up six runs on 12 hits with four strikeouts and two walks.
Brandon Marsh provided offensive highlights for the Phillies despite the loss, going 3-for-4 with a pair of home runs.
Philadelphia struck first in the second inning when Marsh connected for his third homer of the season. Chicago answered immediately in the bottom half as Kelly and Busch reached base before Swanson’s sacrifice fly tied the game.
The Cubs seized control in the third inning after singles by Suzuki and Kelly set up Busch’s three-run blast, establishing a 4-1 advantage.
The Phillies cut into the deficit in the fourth when Bryce Harper’s single preceded Marsh’s RBI hit, making it 4-2. Chicago restored its three-run cushion in the bottom of the fourth as Ian Happ launched his seventh home run of the year.
After Happ singled with one out in the sixth, Sanchez was lifted for Chase Shugart. Suzuki followed with a single and Kelly was hit by a pitch before Busch’s RBI groundout extended the lead to 6-2.
Philadelphia mounted a comeback in the seventh inning, starting with Marsh’s second homer of the game. Bryson Stott singled and Alec Bohm doubled before Alex Bregman’s throwing error allowed Stott to score. Garrett Stubbs then delivered a sacrifice fly to pull the Phillies within one run.
The Phillies completed their comeback in the eighth when reliever Hoby Milner walked two batters in 2/3 of an inning. Jacob Webb entered with runners on first and second but allowed Edmundo Sosa’s game-tying single.
The island nation of Singapore is evolving into a technological safe haven as artificial intelligence companies seek refuge from the escalating tech battle between the United States and China.
Rather than serving as a bridge between East and West, Singapore has become a strategic location where businesses can distance themselves from both superpowers’ increasing control over technology exports and talent movement. The city-state’s business-friendly environment and English-speaking workforce make it an attractive alternative.
Kerry Goh, who leads Kamet Capital, explained that establishing operations in Singapore “gives a lot of comfort” to global customers because intellectual property remains on the island, free from regulatory interference by either China or the United States.
Goh recently counseled two former Alibaba executives who wanted funding to launch their AI video company Topview in Singapore, anticipating that international clients would be hesitant about Chinese government supervision.
“Your clients are not Chinese. This product is not available in China,” Goh noted about Topview, explaining that a Singapore base improves prospects for American sales. The company has secured more than $8 million from Kamet since 2024.
The tech rivalry between the superpowers intensified during Donald Trump’s presidency, with security concerns driving reciprocal restrictions that have accelerated with artificial intelligence development. Trump’s changes to H-1B visa requirements for skilled workers have particularly disrupted companies that regularly transfer employees to or from the United States.
These developments have strengthened Singapore’s goal of becoming the world’s most AI-driven economy through programs including specialized visas for AI professionals and tax incentives for intellectual property registration.
According to an Economic Development Board representative, these “ecosystem enablers” have drawn investment from companies of varying sizes and locations.
“Singapore is increasingly becoming a neutral hub for AI companies from both the U.S. and China,” observed Brad Gastwirth, who heads global research at Circular Technology.
Companies with Chinese or American connections now operating in Singapore include automation platform Workato, wealth management developer Addepar, and note-taking device creator Plaud AI. Legal platform Harvey AI established operations there in June.
American AI developer Anthropic, which raised $30 billion in funding led by Singapore’s sovereign wealth fund GIC, intends to open a Singapore office, according to three sources familiar with the plans. This would put the company alongside major players OpenAI, Meta’s Superintelligence Labs, and Google’s DeepMind. Anthropic representatives declined to provide comment.
However, Singapore’s appeal as a neutral zone could potentially trigger restrictions from the competing superpowers. The United States has already banned Nvidia from selling advanced AI chips to China and blocked access to semiconductor manufacturing equipment.
China reportedly imposed travel restrictions on founders of AI startup Manus after the company relocated from China to Singapore last year before being acquired by Meta. Similarly, China allegedly prevented MiroMind from sending employees overseas after the startup left China and established offices in Singapore, Japan, and the United States.
When contacted by reporters, MiroMind’s parent company Shanda only stated that it develops AI projects internationally. Shanda CEO Chen Tianqiao wrote on LinkedIn that global expansion proves challenging for AI companies when “regulation, geopolitics, and public scrutiny are changing faster than most companies can adapt.”
Neither China’s Ministry of Commerce nor the U.S. Department of Commerce responded to requests for comment.
National University of Singapore political scientist Chong Ja Ian warned that “given increasing demands from the U.S. and Chinese governments to keep their tech stacks separate, there is a risk that Singapore is seen as a grey space for technology transfers – including people moving to new firms – that one or both major governments disallow to take place.”
“That could result in restrictions being placed on Singapore,” Chong added.
Tan Yinglan, founding managing partner of Insignia Ventures Partners, noted that Chinese founders can only successfully establish Singapore operations if they surrender their Chinese citizenship, avoid employing engineers in China, and ensure their company’s revenue, data, and headquarters remain outside China.
The challenges facing technology companies operating between the two superpowers are extensive. China’s requirement that companies provide data upon government request concerns foreign partners, while unpredictable U.S. policies keep investors anxious.
“The (U.S. visa) process has become more unpredictable with longer processing times, stricter screening, and higher fees, which makes planning harder for startups and mid-sized AI companies that rely heavily on global talent,” Gastwirth explained.
Singapore’s entry process is “very friendly” with work permits sometimes approved within three days, according to Huang Lin, who founded corporate services provider Link-da. His company has assisted approximately 50 Chinese AI-related businesses in establishing Singapore operations since 2024.
Indonesian AI engineer Vincent Tatan described Singapore as “very welcoming” when he relocated there from the United States, where his employer had initiated but then canceled his permanent residency application.
“I can fight for it, but is it worth the fight and the wait?” Tatan questioned.
A nuclear technology company based in Rockville, Maryland has successfully completed a major stock market debut, securing more than $1 billion from investors on Thursday.
X-Energy, which has financial backing from tech giant Amazon, announced it generated $1.02 billion through its initial public stock offering in the United States market.
The Maryland firm sold approximately 44.3 million shares at $23 each, exceeding its original projected price range of $16 to $19 per share in an expanded offering.
This stock market launch arrives as investment activity rebounds following a temporary March slowdown, when Middle Eastern conflicts and technology sector declines caused several companies to postpone their public offerings. As financial markets approach record levels and investor confidence grows, businesses are rapidly seeking to capitalize on strong demand.
The nuclear energy sector is experiencing renewed attention as power consumption increases dramatically, especially from large technology companies operating power-hungry artificial intelligence systems and cloud computing facilities.
Established in 2009, X-Energy specializes in creating small modular reactor technology and producing fuel for next-generation nuclear power systems.
These smaller modular reactors are designed to be more economical and efficient compared to conventional large nuclear facilities, which typically require many years to construct. The company is currently developing its Xe-100 reactor design, which utilizes helium rather than water for cooling purposes.
In 2024, Amazon provided approximately $500 million in funding to X-Energy to advance its small reactor technology development, as the e-commerce and cloud computing company searches for dependable, emissions-free energy sources for its expanding AI-powered data center operations.
The company had initially intended to become publicly traded in 2023 through a combination with a special purpose acquisition company supported by Ares Management, but abandoned those arrangements due to poor market conditions at the time.
Major financial institutions J.P. Morgan, Morgan Stanley, Jefferies, and Moelis served as the primary underwriters for the offering. X-Energy shares will start trading on the Nasdaq exchange under the ticker symbol “XE” beginning Friday.
Drivers traveling on US Route 13 will encounter lane restrictions due to ongoing construction work in the area.
The Delaware Department of Transportation reports that the left lanes on US 13 are currently blocked between Voshell Mill Road and Shamrock Avenue while construction crews complete their work.
The lane closures are scheduled to remain in place until 7:00 AM, when normal traffic patterns are expected to resume.
Motorists are advised to use caution in the construction zone and allow extra travel time for their commute.
The Texas Rangers have given 30-year-old right-handed pitcher Peyton Gray his first shot at the major leagues, promoting him after placing left-handed reliever Robert Garcia on the 15-day injured list due to shoulder inflammation on Thursday.
Gray’s path to the big leagues has been anything but conventional, spanning eight years and 278 games across minor league baseball, independent leagues, and four winter seasons playing internationally before finally receiving his major league opportunity.
Garcia hasn’t taken the mound since April 16, though the injured list placement could only be backdated to Monday. The Rangers made space for Gray on their 40-man roster by designating minor league catcher Willie MacIver for assignment.
Following his time in the Rangers’ farm system last year, Gray made a strong impression during spring training as a non-roster invitee. He posted a 2.53 ERA across nine appearances, recording 18 strikeouts against just one walk in 10 2/3 innings pitched.
“Being the 30-year-old non-roster invite that doesn’t have any big league time, I don’t think they expected me to put up as many zeroes and throw as many strikes as I did,” Gray said in the Rangers clubhouse before a series finale against Pittsburgh. “So I think I surprised them. I might have surprised myself a little bit too.”
Gray, who expressed gratitude just to have a pitching job following spring training, started this season with Triple-A Round Rock. He delivered 12 1/3 scoreless innings across seven outings, posting a 1-0 record with two saves, 15 strikeouts, and two walks.
“What a story this is going to be when he gets on the mound. The journey is from minor leagues to independent ball to international, the whole deal. It’s an incredible story and earned,” manager Skip Schumaker said. “I mean, it’s not just because we need a pitcher. Like he’s earned this, and I think that’s what sticks out the most. Dominated in spring training, dominated in Triple-A so far.”
Gray’s professional career began after college at Florida Gulf Coast University with a brief stint in the Colorado Rockies’ Northwest League affiliate in 2018, remaining in their system through 2019.
His baseball odyssey continued in 2021 with the Kansas City Royals’ organization, interspersed with seasons playing for the Milwaukee Milkmen in the independent American Association. He spent this past winter pitching in the Dominican Republic, following three previous winters in Mexico’s Pacific League.
Garcia carries a 0-1 record with a 3.38 ERA through nine appearances for the Rangers this season. While an MRI revealed no structural damage and Garcia received a shoulder injection, he hadn’t pitched in a week before the Rangers made the roster move.
“We were kind of just waiting for it to turn. It just did not. So you can’t be a man short for too much longer,” Schumaker said.
“Now we’re just letting everything set in and let it take its course and give it some time. And then obviously day by day treatment and stuff like that as much as we can do,” Garcia said. “You have to be smart. It is April, and I know how much value I hold in the bullpen. And I don’t want to let this linger for five more months.”
Federal safety officials released findings Thursday examining the fatal March collision at LaGuardia Airport that claimed two lives when an Air Canada regional aircraft struck a fire truck during landing operations.
The National Transportation Safety Board’s preliminary findings reveal multiple breakdowns that contributed to the tragedy, including the fire vehicle running a runway warning signal, missing safety equipment, and overwhelming air traffic conditions during the incident.
The March 22 accident involved Air Canada Express Flight 8646 arriving from Montreal carrying 76 passengers and crew. The aircraft collided with the emergency vehicle moments after touchdown, killing pilots Antoine Forest, 30, and Mackenzie Gunther, 24. Hospital treatment was required for 39 individuals, including the fire truck’s two occupants.
This marked LaGuardia’s first fatal aviation accident in more than three decades, prompting extensive investigation into the circumstances.
Airport operations faced unusual strain that evening, with arrival and departure activity more than doubling typical post-10 p.m. volumes due to earlier flight delays, according to aviation data company Cirium.
Two air traffic controllers managed the heightened workload while simultaneously coordinating an emergency response to a United Airlines aircraft reporting strong odors in the cabin. The fire truck that would later collide with the Air Canada flight was part of the emergency response convoy.
Controller responsibilities became divided when the senior operator focused on the United emergency, leaving the second controller to manage both ground vehicle movements and continued flight operations.
“These controllers were just way busy, just too busy,” explained aviation safety specialist Jeff Guzzetti.
LaGuardia operates an advanced collision prevention system called ASDE-X, which uses radar combined with transponder signals to track all aircraft and vehicles on airport surfaces. However, the fire trucks involved lacked the required transponders, preventing accurate tracking.
Without transponder data, the radar system struggled to maintain clear identification of the emergency vehicles, causing tracking signals to merge intermittently and preventing automatic collision warnings from activating.
Radio communications show the Air Canada flight received landing authorization at 11:35 p.m. Approximately two minutes afterward, with just 25 seconds remaining before impact, the fire crew requested runway crossing permission.
Controllers granted crossing clearance when the approaching aircraft was roughly 100 feet above ground level. At that moment, red warning lights designed to alert ground traffic remained illuminated on the runway.
The warning system continued operating until the truck reached the runway edge, shutting off only three seconds before collision as designed – the lights automatically extinguish moments before aircraft reach intersection points.
Former airline captain John Cox, who leads Safety Operating Systems, emphasized that ground vehicles must never proceed while warning lights remain active, regardless of controller clearance.
“That’s an automated system so even though the controller says you’re cleared to cross, the lights mean that there’s an airplane that is either on the runway or about to be,” Cox explained.
Guzzetti noted that darkness and wet pavement conditions may have made the warning lights difficult to observe before the collision occurred.
With nine seconds remaining before impact, the controller recognized the developing collision and issued urgent instructions: “Stop, stop, stop, stop. Truck 1. Stop, stop, stop, stop.”
Investigation interviews revealed the fire truck’s turret operator remembered hearing repeated “stop” commands but initially couldn’t determine the intended recipient until hearing “Truck 1” identification.
By then, the vehicle had already entered the runway. As the truck turned left, the operator reported seeing the aircraft’s lights on the runway ahead.
Cox acknowledged the confusion was understandable given the controller’s rapid succession of instructions to multiple vehicles, creating ambiguity about command recipients.
“Now we know who he’s talking to, but the first three stop, stop, stop there is ambiguity, if you were listening to it, who he’s talking to,” Cox noted.
However, Cox questioned whether immediate braking would have prevented the collision, given the truck’s 29 mph speed when entering the runway. Considering the vehicle’s momentum and weight, Cox observed the truck “isn’t going to stop on a dime.”
WASHINGTON — The iconic Lincoln Memorial Reflecting Pool is receiving a new blue surface coating under a renovation project announced by President Donald Trump during a Thursday White House event.
Trump revealed that workers have already started applying an “American flag blue” coating to address what he described as severe water leakage from the existing granite surface. The president said the current pool was “leaking like a sieve” and needed immediate attention.
The renovation idea came after a German visitor complained to Trump about the pool’s poor water quality and unsightly appearance, the president explained. Trump said he personally visited the site with Secret Service protection to assess the situation.
“And I went over there with Secret Service in tow, and I said, isn’t that a shame? That’s terrible,” Trump told reporters while displaying photographs of the ongoing work.
This latest renovation adds to Trump’s efforts to modify Washington D.C.’s landmarks according to his preferences, including the White House East Wing demolition to create space for a new ballroom.
The reflecting pool sits between two of America’s most recognizable monuments and holds significant historical importance as the location where Martin Luther King Jr. delivered his “I Have a Dream” speech in 1963.
Trump characterized the project as an example of smart business practices, explaining that he rejected the original proposal to replace the granite entirely. That plan carried a $301 million price tag and would have required at least three years to complete.
Rather than pursuing the costly granite replacement, Trump contacted swimming pool contractors from his previous real estate ventures. “I have a guy who’s unbelievable at doing swimming pools up the road,” the president stated.
The alternative approach involves cleaning the existing granite and installing a new “industrial grade pool” surface for $1.5 million, with completion expected within weeks. Trump emphasized the project will finish well ahead of the July 4th celebration marking America’s 250th independence anniversary.
During a White House drug pricing event, Trump spontaneously discussed the pool renovation for several minutes. He initially considered a turquoise color “like in the Bahamas” before settling on the contractor’s “American flag blue” suggestion.
“You’re going to end up with a beautiful, beautiful reflecting pool,” Trump promised, “the way it’s supposed to be, much better than it ever was.”
Commerce Secretary Howard Lutnick disclosed Thursday that President Donald Trump’s new “gold card” visa initiative, requiring foreign nationals to invest a minimum of $1 million for U.S. residency and work authorization, has successfully processed only a single applicant since its December debut.
When the program first launched, Lutnick announced that the administration had generated $1.3 billion in sales within mere days, while Trump displayed the golden certificate and declared it “essentially it’s the green card on steroids.”
During Thursday’s congressional committee hearing, Lutnick did not explain the seeming contradiction between the reported sales figures and actual approvals when questioned by a representative.
The president had promoted this concept throughout the previous year, originally proposing a $5 million price point, claiming it would attract international talent to America while boosting government revenue. The initiative serves as a replacement for the existing EB-5 program, which has operated for decades by providing U.S. visas to individuals investing approximately $1 million in businesses employing at least 10 people.
While acknowledging only one approval to date, Lutnick expressed satisfaction with the program’s progress, stating “there are hundreds in the queue that they are going through.”
“They’ve just set it up, and they wanted to make sure they did it perfectly,” he explained.
Previously, Lutnick claimed during a cabinet meeting that the gold card initiative would generate $1 trillion in revenue and assist in balancing the federal budget. However, current public debt stands at $31.3 trillion, with the Committee for a Responsible Federal Budget projecting this year’s deficit at roughly $2 trillion.
The commerce secretary detailed that each candidate must pay a $15,000 processing fee in addition to their million-dollar investment, enabling thorough background checks for participants in the program that ultimately provides a pathway to American citizenship. Companies can alternatively invest $2 million for foreign-born workers, plus an annual 1% maintenance charge.
The program features an elaborate government website displaying “Unlock life in America” above an image of the gold card, showcasing Trump’s portrait alongside a bald eagle, the Statue of Liberty, and his signature. The site also promotes the forthcoming $5 million “Trump Platinum Card,” allowing up to 270 days in America without taxation on foreign income.
Although Trump has built much of his political brand around removing undocumented immigrants, he has consistently advocated for skilled immigration to the United States, which this gold card program aims to encourage.
Regarding how the revenue will be utilized, Lutnick stated: “That will be determined by the administration, and its terms are for the betterment of the United States of America.”
Similar programs exist worldwide, with numerous nations including the United Kingdom, Spain, Greece, Malta, Australia, Canada and Italy offering various forms of investment-based visas to wealthy individuals.
A worldwide vaccination campaign has successfully immunized over 100 million children since its launch in 2023, according to the World Health Organization and vaccine alliance Gavi announced Thursday.
The program, called “The Big Catch-Up,” was created during World Immunisation Week in 2023 to address vaccination shortfalls that occurred during the COVID-19 pandemic. The effort targeted children between ages 1 and 5 across 36 nations and wrapped up in March of this year.
According to the health organizations, approximately 12.3 million children who had never received any vaccinations were protected against diseases including diphtheria and polio. An additional 15 million children received measles vaccinations for the first time through this program.
Although complete statistics are still being gathered, officials say the worldwide effort is expected to achieve its goal of reaching at least 21 million children who were either unvaccinated or under-vaccinated.
This vaccination drive occurs as funding challenges emerge, with some longtime supporters like the United States reducing financial assistance despite millions of babies continuing to miss essential immunizations annually. These children remain at risk for preventable illnesses including measles, diphtheria and polio.
Ephrem Lemango, Chief of Immunization at UNICEF, warned that recent significant reductions in global health funding have “seriously affected delivery of immunization services” and could “likely reverse hard earned progress.”
In 2023, U.S. Health Secretary Robert F. Kennedy Jr., who has expressed skepticism about vaccines, reduced financial backing for Gavi, an organization that assists in purchasing vaccines for the world’s most impoverished nations. Kennedy has alleged the organization overlooks safety concerns regarding the immunizations it distributes.
Approximately 14.5 million children failed to receive basic vaccinations in 2023, with nations experiencing armed conflicts showing some of the most severe declines in immunization rates.
Japan’s core inflation rate dropped below the nation’s central banking target of 2% for the second month running in March, according to government data released Friday. The decline came as fuel subsidies from the government helped counterbalance rising energy prices stemming from conflicts in the Middle East.
Economic experts anticipate that inflation will climb back beyond the Bank of Japan’s established target in the months ahead, as businesses start transferring higher energy expenses from Middle Eastern tensions to consumers.
The nation’s core consumer price index, which removes the impact of fluctuating fresh food prices, increased by 1.8% in March compared to the same period last year. This figure aligned with economists’ predictions and represented an uptick from February’s 1.6% increase.
Another measurement that excludes both volatile fresh food and fuel prices – which the Bank of Japan monitors closely as an indicator of consumer demand-driven pricing trends – showed a 2.4% year-over-year rise in March. This was slightly down from February’s 2.5% increase.
These inflation figures will play a key role in the Bank of Japan’s upcoming policy discussions next week. Financial experts widely anticipate that the central bank’s board will maintain current interest rates while indicating preparedness to implement increases if price pressures continue mounting.
The United States will allow Iran’s national soccer team to participate in the upcoming 2026 FIFA World Cup, but will impose strict limitations on who can accompany the athletes, Secretary of State Marco Rubio announced Thursday.
Speaking to reporters, Rubio clarified that while Iranian players face no restrictions from American officials, individuals connected to Iran’s Islamic Revolutionary Guard Corps will be barred from entering the country with the team.
“Nothing from the U.S. has told them they can’t come,” Rubio stated during the briefing.
President Donald Trump echoed this position during remarks at the White House, saying his administration “would not want to affect the athletes.”
The global soccer tournament is scheduled to kick off June 11 across venues in the United States, Mexico and Canada.
Rubio explained the administration’s concerns center on Iranian officials rather than the sporting competitors themselves.
“The problem with Iran would be not their athletes. It would be some of the other people they would want to bring with them, some of whom have ties to the IRGC. We may not be able to let them in but not the athletes themselves,” the Secretary of State said.
He added stronger language regarding potential security risks: “They can’t bring a bunch of IRGC terrorists into our country and pretend that they are journalists and athletic trainers.” The United States has officially classified the IRGC as a “foreign terrorist organization.”
Earlier, Paolo Zampolli, a Trump representative without formal World Cup authority, had proposed replacing Iran with Italy in the tournament.
No current indications suggest Iran plans to withdraw from the competition or faces potential tournament exclusion, despite Italy’s failure to qualify.
Following the outbreak of conflict involving Iran, Iranian officials requested FIFA relocate their three group stage matches from American venues to Mexico, but soccer’s governing body denied this request.
Recent military exchanges began February 28 when the United States and Israel conducted strikes against Iran. Iran retaliated with attacks on Israel and Gulf nations hosting American military installations. The ongoing conflict involving U.S.-Israeli operations against Iran and Israeli actions in Lebanon has resulted in thousands of casualties and millions of displaced civilians. A tentative ceasefire in the Iran conflict began more than two weeks ago.
WASHINGTON – President Donald Trump announced Thursday that his administration plans to investigate banking institutions following the devastating Los Angeles wildfires, specifically targeting Wells Fargo for its handling of fire victims’ financial situations.
The announcement came after Trump held discussions with Los Angeles Mayor Karen Bass and Los Angeles County Supervisor Kathryn Barger about wildfire recovery efforts.
“Wells Fargo, in particular, has been very difficult to deal with,” Trump wrote on Truth Social. “The Banks must treat those people, who so horribly lost their Homes in this tragic fire, very fairly and well.”
Bass and Barger released a joint statement Wednesday on Bass’s X account describing their meeting with the president. They said “they had a very positive discussion about FEMA and other rebuilding funds, as well as the support of the President to continue joining us in pressuring the insurance companies to pay what they owe – and for the big banks to step up to ease the financial pressure on L.A. families.”
The catastrophic Palisades Fire and Eaton Fire that struck Los Angeles and Altadena earlier this year resulted in 22 deaths and obliterated approximately 12,000 residences. The blazes caused property damage exceeding $50 billion, making them among the most destructive fires in California history.
Federal authorities have brought criminal charges against a U.S. military service member for allegedly exploiting classified information about the Venezuela operation targeting Nicolas Maduro to make illegal profits on prediction markets.
The case represents a historic first – never before have criminal insider trading charges been filed in connection with activity on the Polymarket platform within the United States.
The charges stem from the January 3rd military action at Venezuela’s Port of La Guaira, where American forces successfully captured the country’s president Nicolas Maduro along with his spouse. Smoke could be seen rising from the port facility during the operation.
Prosecutors allege the soldier used advance knowledge of the planned raid to place strategic bets on Polymarket, a platform where users can wager on the outcomes of real-world events including political developments.
The groundbreaking case highlights growing concerns about how prediction markets could be vulnerable to exploitation by individuals with access to sensitive government information.
EL SEGUNDO, Calif. — Los Angeles Lakers guard Austin Reaves received a status upgrade to questionable for Friday’s Game 3 matchup with the Houston Rockets in their first-round playoff series.
The Lakers announced the change in Reaves’ availability Thursday as the team traveled to Houston. Despite missing their leading scorers, Los Angeles holds an unexpected 2-0 advantage in the series heading into Friday evening’s contest.
Reaves has been sidelined since suffering an oblique muscle strain alongside Luka Doncic’s hamstring injury during their April 2 game against Oklahoma City. However, Reaves has resumed basketball activities on the court in recent days. Prior to departure, head coach JJ Redick offered no timeline updates regarding when his injured starters might return to action.
During the regular season, Reaves posted strong numbers with 23.3 points, 5.5 assists and 4.7 rebounds per game, though he appeared in just 51 contests due to two extended injury stretches. In his fifth year with the franchise, the former undrafted player established himself as a reliable secondary offensive weapon and playmaker as Los Angeles captured 53 victories and the Pacific Division title.
Both Reaves and league scoring leader Doncic suffered their injuries during the Lakers’ decisive defeat to the Thunder three weeks ago.
While Doncic remains unavailable for Game 3, Redick indicated earlier this week that the Slovenian star should begin preliminary court work in the near future. The Lakers have avoided providing specific return dates for either guard.
Following a three-game losing streak after the injuries occurred, Los Angeles has bounced back with five consecutive wins. The Lakers shocked the basketball world by taking both home games against the Rockets, who entered the series as heavy favorites due to Los Angeles’ injury concerns.
While 41-year-old LeBron James has spearheaded the effort, Luke Kennard and Marcus Smart have delivered outstanding performances filling in for the absent backcourt starters. Kennard contributed 27 points in the series opener and 23 in Game 2, while Smart added 25 points with five three-pointers in Game 2 and anchored the defensive effort that limited Kevin Durant to just three second-half points.
Reaves faces a significant contract decision this summer if he opts out of his current deal as anticipated. Both the player and franchise officials have expressed confidence that the guard will remain with Los Angeles, the team he supported growing up.
FRISCO, Texas — Dallas Cowboys wide receiver George Pickens intends to accept the team’s $27.3 million franchise tag offer following the organization’s announcement that it won’t pursue a multi-year agreement this offseason, according to two sources familiar with the situation who spoke Thursday.
While Pickens hasn’t yet put pen to paper on the one-year, fully guaranteed deal, he plans to finalize the matter as Dallas prepares for the upcoming NFL draft, sources told The Associated Press under anonymity since the contract remains unofficial.
This development follows Wednesday’s comments from executive vice president of personnel Stephen Jones, who indicated the Cowboys expected Pickens to play under the franchise designation this season. The two parties would have had until July 15 to negotiate a longer-term arrangement.
Accepting the franchise tag means Pickens faces potential fines for missing mandatory minicamp in June or training camp in July. However, signing the deal enables the 25-year-old to take part in the team’s offseason program, which begins Monday.
The receiver, obtained last offseason through a trade with Pittsburgh, posted personal bests with 93 receptions, 1,429 receiving yards, and nine touchdowns while contributing to one of the NFL’s top offensive units last season. Despite the offensive success, Dallas struggled defensively and finished 7-9-1, extending their playoff absence to two consecutive seasons.
The former Georgia standout, selected in the second round of the 2022 draft, flourished playing opposite CeeDee Lamb, who is entering his second season of a four-year, $136 million extension that places him third among NFL receivers with a $34 million annual average.
The franchise tag represents significant financial motivation for Pickens, as the guaranteed sum far exceeds the $6.8 million he earned throughout his entire four-year rookie contract.
Dallas has previously used the franchise tag with quarterback Dak Prescott and defensive end DeMarcus Lawrence over the past eight years before eventually securing long-term commitments. Conversely, tight end Dalton Schultz and running back Tony Pollard both played under the tag before departing via free agency the following season.
Jones cited the “newness” of Pickens’ time with the Cowboys as a contributing factor in the organization’s preference for a one-year arrangement rather than an extended contract.
During his three seasons in Pittsburgh, Pickens displayed exceptional ability but also exhibited enough concerning behavior that former coach Mike Tomlin publicly questioned his maturity level.
First-year head coach Brian Schottenheimer, who spent 25 years as an NFL assistant, avoided publicly criticizing Pickens throughout his inaugural season. However, both Pickens and Lamb were benched for the opening series against Las Vegas after violating curfew during a casino visit the previous evening.
WASHINGTON — White House officials announced plans Thursday to combat what they describe as systematic theft of American artificial intelligence technology by foreign companies, with particular focus on Chinese firms as competition intensifies in the global AI sector.
Michael Kratsios, serving as the president’s top science and technology advisor, issued a memo Thursday targeting foreign organizations “principally based in China” for conducting organized, large-scale efforts to “distill,” or steal capabilities from, top-performing AI systems developed in America and “exploiting American expertise and innovation.”
According to Kratsios’ memo, the administration plans to collaborate with U.S. AI developers to detect these activities, strengthen protective measures, and establish penalties for violators.
This announcement comes as China increasingly challenges American leadership in artificial intelligence development, a sector the White House considers crucial for establishing international standards and securing economic and defense advantages. However, recent analysis from Stanford University’s Institute for Human-Centered AI indicates the performance difference between U.S. and Chinese top AI systems has “effectively closed.”
Chinese officials in Washington rejected the accusations, with embassy spokesperson Liu Pengyu stating the country opposes “the unjustified suppression of Chinese companies by the U.S.”
“China has always been committed to promoting scientific and technological progress through cooperation and healthy competition. China attaches great importance to the protection of intellectual property rights,” Liu Pengyu said.
The memo’s release coincided with unanimous bipartisan House Foreign Affairs Committee approval of legislation establishing procedures to identify foreign actors extracting “key technical features” from privately-owned U.S. AI models and impose sanctions as punishment.
“Model extraction attacks are the latest frontier of Chinese economic coercion and theft of U.S. intellectual property,” stated Rep. Bill Huizenga, R-Mich., the bill’s sponsor. “American AI models are demonstrating transformative cyber capabilities, and it is critical we prevent China from stealing these technological advancements.”
The controversy intensified last year when Chinese startup DeepSeek disrupted U.S. markets by launching a competitive large language model at significantly lower costs than American AI companies.
David Sacks, who previously served as President Donald Trump’s AI and cryptocurrency advisor, alleged DeepSeek copied American models. “There’s substantial evidence that what DeepSeek did here is they distilled the knowledge out of OpenAI’s models,” Sacks stated.
OpenAI, which develops ChatGPT, made similar claims in a February letter to Congress, arguing China should not advance “autocratic AI” by “appropriating and repackaging American innovation.”
Anthropic, creator of the Claude chatbot, accused DeepSeek and two additional China-based AI companies in February of conducting operations to “illicitly extract Claude’s capabilities to improve their own models” through distillation methods that involve “training a less capable model on the outputs of a stronger one.”
While Anthropic acknowledged distillation can serve legitimate training purposes, the company expressed concern when competitors “use it to acquire powerful capabilities from other labs in a fraction of the time, and at a fraction of the cost, that it would take to develop them independently.”
However, technology sharing occurs in both directions. San Francisco startup Anysphere, which creates the popular Cursor coding tool, recently revealed its newest product relies on an open-source model developed by Chinese company Moonshot AI, maker of the Kimi chatbot.
Kyle Chan, a fellow at The Brookings Institution and specialist in Chinese technology development, compared detecting unauthorized distillation to “looking for needles in an enormous haystack” among legitimate data requests. Chan suggested information sharing and coordination between U.S. AI companies could help, with federal government facilitation playing a crucial role in anti-distillation efforts across laboratories.
While the House legislation’s ultimate impact remains uncertain, Chan noted Trump may avoid confrontation with Chinese President Xi Jinping before a scheduled mid-May state visit to Beijing.
WASHINGTON (AP) — President Trump stood by his mathematically questionable assertions about prescription drug savings during a White House announcement Thursday, defending statements that medication costs have been slashed by more than 500%.
At an Oval Office event unveiling an agreement with pharmaceutical company Regeneron to reduce drug costs, Trump addressed his previous statements claiming prescription price reductions of “500%, 600%.” He acknowledged making such claims but also mentioned citing “50%, 60%” reductions, describing these as representing a “different kind of calculation” that could reach “70, 80 and 90%.”
“People understand that better,” Trump stated. “But they’re two ways of calculating” and “either way, it doesn’t make any difference.”
However, mathematical experts point out that while there may be different calculation methods, only one approach follows correct mathematical principles. Price reductions cannot mathematically exceed 100% without dropping to zero and then requiring companies to pay customers to use their products.
The president’s unconventional mathematics extended beyond drug pricing during Thursday’s event. He defended his earlier prediction that the Iran conflict would last four to six weeks, arguing he met that timeline because Iran’s military was “decimated” within that period, despite the war continuing past 7½ weeks.
Health Secretary Robert F. Kennedy Jr. attempted to explain Trump’s calculation method during the same event, referencing his previous day’s congressional hearing exchange with Senator Elizabeth Warren of Massachusetts. Warren had suggested that claiming price cuts above 100% might mean “companies should be paying you to take their drugs.”
Kennedy told reporters that Trump “has a different way of calculating” during the hearing.
On Thursday, Kennedy offered his interpretation, suggesting that when drug manufacturers increase prices by more than 100%, Trump calculates his reductions based on those inflated costs. “If the drug was $100, and it raised the price to $600, that would be a 600% rise,” Kennedy explained. “And the president used that mathematical device.”
Mathematical principles, however, don’t support such a “device” for the way Trump describes it. While products can increase by more than 100% – a $1 item rising to $2.10 represents a 110% increase – reductions cannot exceed 100% without reaching zero cost and entering negative pricing territory.
During the media session following the drug pricing announcement, Trump also revisited his 2017 inauguration attendance figures while discussing Lincoln Memorial Reflecting Pool renovations. He compared his crowd to Martin Luther King Jr.’s 1963 “I Have a Dream” speech audience, claiming “I had the same exact crowd. Maybe a little bit more.”
“I actually had more people,” Trump added. “But that’s OK.”
The U.S. and Iran established a ceasefire this month, which Trump announced he was extending this week. Neither country has declared the conflict concluded, contradicting Trump’s assertion that his original timeline prediction was accurate.
Federal officials are reducing barriers to medical cannabis access through new regulatory changes. The acting attorney general released a memorandum announcing plans to reclassify cannabis products from their current position in the most restrictive federal category.
This policy shift represents a significant change in the federal government’s approach to medical marijuana regulation. The reclassification would ease current restrictions that have limited research and access to cannabis-based medical treatments.