falls

Tehran, Iran – Iran’s national currency has plunged to new lows as authorities mobilise to dampen the impact of the naval blockade enforced by the United States.

The Iranian rial shot above 1.81 million to the US dollar on the open market by early afternoon on Wednesday before partially recovering. The embattled currency changed hands for about 1.54 million earlier this week, and its rate was about 811,000 per US dollar a year ago.

The rial had remained relatively stable over the past two months after experiencing an earlier drop as US forces amassed in the lead-up to the US-Israeli war on Iran, which began at the end of February.

The latest freefall follows on from unchecked inflation, which has been increasingly plaguing the Iranian economy as a result of mismanagement and sanctions, and continues to ravage households. Washington now has three aircraft carriers in the region and is bringing in more troops and equipment as Israel expresses readiness to restart fighting, three weeks after a ceasefire began.

Iran’s authorities this week projected a hardened stance on negotiations with Washington, and pledged to fight the naval blockade of Iran’s southern waters, which the US Central Command insisted on Tuesday had “cut off economic trade going into and coming out of” the country.

Amid threats by US President Donald Trump, the Iranian government has also tried to empower its own border provinces to import essential goods by reducing red tape. It has also allocated $1bn from the sovereign wealth fund to buy food, and made a partial policy U-turn to restart offering a preferential subsidised exchange rate with the goal of reducing prices, despite concerns about corruption.

Non-oil trade takes hit

According to customs data released by state media, Iran’s non-oil trade has been negatively affected after commercial ties were disrupted or cut off as a result of the war, and critical infrastructure was bombed.

Iran’s customs authority put the total value of non-oil trade in the Iranian calendar year that ended on March 20 at close to $110bn, with $58bn going to imports. The figure was about 16 percent lower than the year before.

The volume of non-oil trade was valued at approximately $9bn for the 11th month of the calendar year ending on February 19, and $6.46bn in the final month, indicating a drop of about 29 percent in connection with the war, which started on February 28. The final month was also about 50 percent lower than the more than $13bn estimated value for last year’s corresponding month.

Part of the drop is linked with the fact that shipping has been significantly disrupted through the Strait of Hormuz as Iran and the US spar over control of the strategic waterway. The US and Israel also directed some of their thousands of strikes against ports, naval facilities, airports, and railway networks across the country.

Iran’s top steel and petrochemical producers were also extensively bombed, as were oil and gas facilities, power stations, and major industrial zones. The US and Israel have threatened to take Iran “back to the Stone Age” through systematic bombing of civilian infrastructure like power plants.

To manage the impact and preserve domestic supply, Iranian authorities have imposed temporary restrictions on exports of steel, petrochemicals, polymers and other chemicals.

Oil exports in the crosshairs

The US is using its military capabilities and economic chokeholds to drive down Iran’s oil exports, a goal that it has also pursued over recent years through sanctions.

Since mid-April, the US military has been deploying its soldiers to take over or inspect ships transiting through waterways near Iran, in addition to targeting what is known as a shadow fleet of tankers used by Iran to circumvent sanctions and ship its oil.

Warships and thousands of troops could still launch a ground invasion or destructive aerial attacks against Iran’s Kharg and other critical islands, and the Trump administration expects increased pressure on Iran’s oil sector due to hampered access to export routes and supertankers keeping the oil stored on the water.

The US Treasury has been blacklisting refineries in China, the biggest buyers of Iranian crude oil, and going after the banking and cryptocurrency channels alleged to be facilitating Tehran’s oil trade, and having links to the IRGC – which Washington considers a “terrorist” organisation.

“We will follow the money that Tehran is desperately attempting to move outside of the country and target all financial lifelines tied to the regime,” said US Treasury Secretary Scott Bessent on social media.

Chinese refineries buy roughly 90 percent of Iran’s oil shipments, and imported a record 1.8 million barrels per day ⁠in March, according to Vortexa Analytics data cited by the Reuters news agency, which also said purchases were expected to slow due to worsening domestic refining and processing margins.

According to figures released by the General Administration of Customs of China, the volume of the country’s bilateral trade with Iran during the first quarter of 2026 stood at $1.55bn, down 50 percent year-on-year.

In March, the first month of the war, trade stood at $184m, which was nearly 80 percent lower than the year before and 64 percent lower than the month before. China’s imports from Iran and exports to the country were both considerably reduced as a result of the war.

The removal of the United Arab Emirates as a major trade partner and import market for Iran has also significantly affected the country’s economy, increasing its reliance on land neighbours like Turkiye and Iraq to the west and Pakistan to the east.

The UAE, a big part of the Trump-led Abraham Accords that saw multiple countries normalise relations with Israel, was heavily targeted by ballistic missiles and drones launched by Iran.

The UAE has closed down numerous Iranian institutions on its soil over the past two months, including financial facilitators, instructed Iranian citizens to leave, and has said it will take years to restore bilateral relations to previous levels.

SYDNEY Sweeney left very little to the imagination as she almost fell out of a blue corset dress at Stagecoach.

Stunning Sydney, 28, made a surprising appearance on stage at Diplo’s Honkytonk during the 2026 Stagecoach Festival.

The Euphoria star looked sensational as she handed out knickers while on stage.

Sydney’s baby blue corset dress looked as though it was held up by luck alone as she appeared on stage.

Fans were so shocked by Sydney’s appearance at the festival, with many overjoyed to see her on stage.

After handing out panties from her SYRN lingerie line, she and Diplo took part in a fun karaoke session

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A video of Sweeney and Diplo was posted via the underwear brand’s Instagram stories on Saturday evening, with the caption: “@diplo Thanks for stopping by!!!”.

Fans rushed to the comments of the main post shared on SYRN’s Instagram reels, which showcased all of the famous guests who stopped by.

One fan said: “This whole look, I am in love.”

While another added: “The people’s princess.”

And a third wrote: “She’s too hot, it’s almost uncomfortable.”

Meanwhile, since the footage of Sydney made its way onto X, one person on the platform penned: “Love it. Love how she doesn’t give 2 sh*t’s about her haters and living her absolute best life with no apologies needed!!!”

“I love her so much,” said a second.

“She owns the damn place. She can do whatever the F she wants,” wrote a third.

“She looks stunning and she also looks happy and free. Haters gonna hate,” chimed a fourth.

While a fifth said: “Sydney is an ALL AMERICAN BADDIE!!”

“I love sydneys outfit,” swooned a sixth.

And a seventh gushed: “Sydney Sweeney is literally perfect.”

This comes as Sydney continues to enrage fans with her portrayal of Cassie in Euphoria.

Sydney plays the role of Cassie Howard in one of TV’s steamiest shows, with fans left angered by the level of raciness in its third season.

Cassie’s controversial new career choice as an OnlyFans model with a montage of raunchy photoshoots.

In one compromising position, Cassie licks a melting ice cream cone as it drips down her entire naked body – including on her bare chest.

Another shot showed Cassie, butt naked in nothing but a backwards baseball hat on her head and her hand covering her modesty.

These have not been the only controversial scenes in Euphoria season three thus far.

Sydney is dressed as a baby with a pacifier in her mouth in episode one.

Posing in a suggestive way with her legs open, fans were left fuming over the NSFW display.

April 24 (UPI) — A bill to legalize assisted-dying in England and Wales was Friday set to run out of time to complete all the necessary stages for it to become law in the current session of parliament, 10 months after MPs passed the legislation.

The Terminally Ill Adults (End of Life) Bill has been stalled in its committee stage in the House of Lords since June but with Friday set to be the final debate in the upper chamber before the 2024-2026 session ends in early May, it has run out of road.

“Detailed line-by-line scrutiny of the Terminally Ill Adults (End of Life) Bill continues,” The Lords said Friday in its order of business for the day.

Members have used up all 14 committee-stage days allotted for the bill as they attempted to grapple with more than 1,000 amendments covering everything from blocking overseas patients from accessing the treatment and the inclusion of people injured serving in the military or in industrial accidents to making patients aware of non-lethal treatment options.

Only around halfway through the stages required before it can receive “Royal Assent” from King Charles and finally become law, the bill can no longer proceed and cannot be carried over to the 2026-2027 session.

Supporters vowed not to give up on the bill, which would give terminally ill adults with less than six months to live the legal right to end their lives with the help of medical professionals, saying they would try to reintroduce it when the new parliament convenes on May 13.

The bill’s sponsor, Labour MP Kim Leadbeater, said she had a group of backers who had agreed to try to bring back the bill immediately following the state opening of parliament.

To do so, they need to prevail in a ballot in which MPs compete for 25 slots to introduce legislation they have authored to the House of Commons, so-called private members’ bills.

The next private members’ bill ballot is scheduled for May 21.

Leadbeater said she was disappointed, upset and angry at the outcome.

She said that terminally ill patients and their families she had been speaking with felt “a real sense of feeling let down by our democratic system.”

“This is not over. The issue is not going to go away just because of an undemocratic filibuster in the Lords. We will keep pushing for a safer, more compassionate law until parliament reaches a final decision.”

Opponents were concerned over the watering down of key safeguards in the original bill introduced in the House of Commons in November 2024, including dropping the requirement for a High Court judge to review every case.

“If we’re going to do this, we have to have safeguards and I really don’t think there are anywhere near enough safeguards in it,” said Baroness Grey-Thompson, adding that it was the job of peers to go through every line in legislation.

She told the BBC that when bills failed it because it was usually because they were poorly drafted, rather than because of the number of amendments tabled.

“It was written in haste and there are so many gaps in it that a number of peers are really uncomfortable with this particular bill, even though they may be in favor of the principle,” she said.

Leadbeater said she hoped the Commons would pass the bill again and an accommodation could be agreed with members of the upper house over amendments.

She did not rule out invoking a very rarely used procedural maneuver, a theoretical nuclear option that dates back more than a century in which the Lords is rendered powerless to stop a bill that the House of Commons has passed more than once from becoming law — but said she hoped that would not be necessary.

SHAKIRA has been slammed by fans for her ice cold reaction after one of her cameramen fell over in front of her during a live performance.

A video of the awkward moment is currently circulating on X, with the Colombian pop star, 49, seen stepping around the fallen production member on the ground.

In the clip, the cameraman is filming Shakira as she makes her way through a walkway between the crowd, but trips over equipment during the moment.

Shakira side steps around the cameraman, who is on the floor, to continue her journey to the stage and move on with her performance.

Sharing the clip to X, one user wrote: “The camera operator filming Shakira falls, and she doesn’t make the slightest attempt to help him.”

Another said: “Lack of empathy, period. Bet if it were her who trips, they’d pause the show for a few minutes, right? …

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“Anyway, it’s the world we live in today, nothing to be done.”

While some branded the move cold, others defended Shakira, noting that the show follows strict timings, and others were there to help him.

One fan said: “The show timings are timed, if she stopped to help the cameraman she probably would have ruined part of the choreography.”

Another agreed: “There are more people there who can help him. She runs off because if she wasn’t on stage on time, it delays the show.

“It’s a live show.”

The circulating moment comes just a few months after Shakira suffered a nasty fall herself on stage.

During a performance in San Salvador in February, Shakira was singing her hit song Si Te Vas when her right ankle suddenly twisted.

She then completely toppled to her side, falling onto her elbow as she brought her microphone stand down with her.

During the moment, Shakira stopped singing as gasps could be heard amongst the audience.

But ever the professional, she quickly got herself back up and managed to continue the song – with the star’s band continuing as her guitarist cheered her on.

The star is currently on her massive Las Mujeres Ya No Lloran World Tour, which translates to “Women No Longer Cry”.

Her next performance will take place on May 2, when Shakira will perform in Rio De Janeiro, before she heads to the USA.