Cheltenham festival at crossroads five years after infamous Covid meeting
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
Forget the “Trump put”, as financial analysts called the bet that the US president’s policies would unleash a winning era for the nation’s stock markets. By Friday, the chat was of the “Merz spurt”.The decision by Friedrich Merz, the German chancellor-in-waiting, to cut a deal on ditching Germany’s debt brake – still to be confirmed by the outgoing parliament – marked a seismic shift.The EU country most associated with strict fiscal discipline is now contemplating what could in principle be unlimited borrowing to fund Europe’s defence.Lifting the brake, widely regarded by experts as an unnecessarily tight constraint on public spending in an economy sorely in need of stimulus, cheered European markets
‘Military Keynesianism’? Reeves faces British defence dilemma after EU spending surge
As the Nobel laureate Robert Lucas quipped during the 2008 financial crisis: “I guess everyone is a Keynesian in a foxhole.” Donald Trump’s upending of the postwar security consensus has underlined the enduring wisdom of Lucas’s observation. But now, instead of bank bailouts and emergency bond buying, European firepower is being directed at bombs, tanks and drones in the desperate fight to secure the continent’s border with Russia.Berlin and Brussels – typically capitals of financial orthodoxy – have been convinced that this approach is required once again. Under the plan put forward by Germany’s chancellor-in-waiting, Friedrich Merz, Berlin is on the brink of relaxing its “debt brake” rule to pave the way for spending on defence and infrastructure worth an additional €1tn (£840bn) over the coming decade
Who bought this smoked salmon? How ‘AI agents’ will change the internet (and shopping lists)
Autonomous digital assistants are being developed that can carry out tasks on behalf of the user – including ordering the groceries. But if you don’t keep an eye on them, dinner might not be quite what you expect …I’m watching artificial intelligence order my groceries. Armed with my shopping list, it types each item into the search bar of a supermarket website, then uses its cursor to click. Watching what appears to be a digital ghost do this usually mundane task is strangely transfixing. “Are you sure it’s not just a person in India?” my husband asks, peering over my shoulder
Internet shutdowns at record high in Africa as access ‘weaponised’
Digital blackouts reached a record high in 2024 in Africa as more governments sought to keep millions of citizens off the internet than in any other period over the last decade.A report released by the internet rights group Access Now and #KeepItOn, a coalition of hundreds of civil society organisations worldwide, found there were 21 shutdowns in 15 African countries, surpassing the existing record of 19 shutdowns in 2020 and 2021.Authorities in Comoros, Guinea-Bissau and Mauritius joined repeat offenders such as Burundi, Ethiopia, Equatorial Guinea and Kenya. Guinea, Nigeria, Senegal and Tanzania were also on the list. But perpetrators also included militias and other non-state actors
India v New Zealand: Champions Trophy men’s cricket final – live
44th over: New Zealand 196-5 (Bracewell 21, Mitchell 51) Mohammed Shami is back, a sight that will be welcomed by New Zealand after the excellence of India’s spinners. But Mitchell, trying to stand tall and heave away, can’t find the middle. Bracewell is cut off on the leg side boundary so he decides to go over it – Shami is pulled away by the southpaw for a much-needed six.43rd over: New Zealand 184-5 (Bracewell 11, Mitchell 50) A boundary after long last as Bracewell sweeps Kuldeep away for four – but it’s still only six off the over.42nd over: New Zealand 178-5 (Bracewell 6, Mitchell 50) Ian Smith makes things clear on comms: someone has to go big now for New Zealand
How Ireland came to dominate big-money era at Cheltenham festival
Cheltenham has made several changes to races at its festival in an attempt to boost the competitiveness of the action on the track, but there is one long odds-on shot over the four days that is still reliably rock‑solid. The 2025 festival will be the 10th anniversary of the last season when British trainers saddled more winners at the meeting than their Irish counterparts and Ireland is no bigger than 1-9 to extend its winning streak into a second decade.As an annual celebration of Irish culture and achievement on foreign soil, the Cheltenham festival now feels inked into the calendar as firmly as the St Patrick’s Day parade in New York. Yet it is a situation that would have seemed unthinkable at the turn of the century, when Ireland’s return of three wins at what was then a 19-race festival was pretty much par for the course.Nor is it simply in terms of winners that Ireland now dominates the festival
Another Simple Favor review – supremely silly sequel serves more absurd twists
Bill Dare obituary
The Guide #181: TV has given up on live music – but social media won’t let it die
Noel Clarke has made ‘wild allegations’ against his abuse accusers, court told
Jimmy Kimmel on Trump’s tariffs: ‘Can you believe we’re shaking down Canada?’
Sole portrait of England’s ‘nine-day queen’ thought to have been identified by researchers