High

Published on
19/06/2026 – 10:37 GMT+2

Elon Musk’s space and AI firm secured first-time ratings from Moody’s, Fitch and S&P Global on Thursday, a milestone that places its debt firmly in investment-grade territory and could allow it to borrow more cheaply as it funds a vast expansion.

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The endorsements arrive less than a week after the company’s record IPO, which raised around $85.7 billion (€73.8bn) in the largest initial public offering in history.

Moody’s assigned SpaceX a Baa1 long-term issuer rating with a stable outlook. In its report, the agency pointed to the firm’s “exceptional franchise strength” as the world’s leading orbital launch provider and operator of Starlink, the largest low Earth orbit satellite broadband network.

The rating is also slightly higher than Tesla’s Baa3. Reacting to the news in a reply on social media, Elon Musk wrote: “Tesla’s credit rating is ridiculously low to be honest.”

According to Moody’s, Starlink has become SpaceX’s primary cash flow generator, underpinning improving scale, wider margins and a gradual shift away from more cyclical launch revenue.

Moody’s also set out the risks. It said the rating was constrained by the heavy execution and financial demands of SpaceX’s large-scale AI buildout, marked by high capital intensity, sustained negative free cash flow and an uncertain range of returns.

The agency highlighted the company’s dependence on the next-generation Starship V3 vehicle, warning that technical setbacks or delays could pressure long-term growth.

It further pointed to elevated governance risks tied to SpaceX’s controlled structure and concentrated voting power, which it said limit independent board oversight and leave the firm heavily reliant on a single individual, Elon Musk.

However, Moody’s still projects strong revenue and earnings growth through 2028, driven chiefly by Starlink, which counted 12 million subscribers as of early June, alongside an expected turning point in the AI division.

The agency cited recent third-party compute deals with Anthropic and Google worth a combined $75 billion (€65bn) as evidence of that potential.

As for the other credit agencies, Fitch issued a BBB+ long-term issuer default rating, also with a stable outlook, citing the company’s commanding lead in commercial launch, where it has delivered more than 80% of global mass to orbit since 2023.

Meanwhile, S&P Global assigned a BBB rating with a stable outlook, weighing the strength of the launch and connectivity businesses against the risks of the nascent AI segment and the company’s substantial capital needs.

Shares slide from their peak

The ratings did little to steady the stock on Thursday.

SpaceX closed at $185, down more than 18% from the high of $225.6 it reached on Tuesday, when its valuation briefly topped $3 trillion (€2.6tn).

The shares fell as low as $172 during the session before paring losses, as investors weighed whether the company’s lofty valuation had run too far.

The retreat has reshuffled SpaceX’s standing among the world’s corporate giants. The company now ranks once again as the sixth most valuable listed firm by market capitalisation, having given back some of the ground it gained earlier in the week.

On Tuesday, it had overtaken Amazon to claim fifth place, and at its intraday peak, it briefly leapfrogged Microsoft into fourth before this week’s slide pushed it back down.

Even after surrendering some of those gains, SpaceX sits among the most valuable companies on the planet just a week into its life as a public firm, and the investment-grade verdict from all three major agencies marks a notable shift in how financial markets judge a business that spent years operating as a privately funded rocket maker.

The value of Iran’s currency has risen by more than 15 percent against the US dollar, and its stock market has shattered records in the wake of the memorandum of understanding agreed between the United States and Iran on Sunday.

However, Iranians suffering for years from extremely high inflation and a plunging rial have found little economic relief as the prices of basic goods, such as food, remain high despite the diplomatic breakthrough.

The Iranian economy has suffered due to decades of US sanctions. The economic crisis was exacerbated after the US and Israel launched a war against Iran on February 28. As subsequent US naval blockade on Iranian ports further added to the misery of Iranians.

In Ferdowsi Street, the beating heart of Tehran’s foreign exchange market, the scene on Thursday was a stark departure from the panic of recent months. Exchange office boards flashed rapidly changing numbers as foreign currencies, led by the dollar, took a sharp dive.

“We closed our doors just hours before the official announcement of the US-Iran understanding at a rate of 1.8 million rials to the dollar,” Amir, a 35-year-old exchange office worker who asked to remain anonymous, told Al Jazeera. “Now it has fallen to 1.54 million rials, and we expect further declines.”

Amir noted a significant increase in sales volumes although buyers remained scarce as many anticipated the rial would strengthen further, potentially dropping to 1.4 million to the dollar or lower.

The recent gains mark a sharp turnaround. After the outbreak of the war, the exchange rate jumped to a historic peak of 1.9 million rials (190,000 tomans) to the dollar in March before settling at about 1.685 million just before recent attacks carried out despite a ceasefire.

A disconnect in the grocery aisles

Despite the rial’s recovery, a walk through Tehran’s grocery stores reveals a starkly different reality. For Iranians grappling with the economic fallout of crippling sanctions and the US naval blockade, the diplomatic thaw has yet to lower the cost of living.

Reza, a 42-year-old Tehran resident, told Al Jazeera that prices for daily staples like milk, cheese, cooking oil and flour remain unchanged. “They say the dollar dropped, but my shopping basket costs the same as last week,” he said. “This means the agreement hasn’t reached our pockets yet.”

From behind the cash register, 55-year-old shop owner Ramin echoed his customer’s frustration. He explained that while the government continues to distribute subsidised goods like bread, the fluctuations of the free-market dollar do not immediately impact basic food prices.

The value of the dollar on the free market varies from the official exchange rate.

Pointing to a shelf of imported goods, another shopkeeper named Karim noted that items like shampoo, toothpaste and laundry detergent are still locked at inflated prices.

“Distributors say they bought these goods two months ago at the old dollar rates,” Karim explained. “Prices will remain high until the old stock runs out and new goods enter at the lower exchange rates.” He estimated it would take at least two weeks for the market to adjust, meaning Iranians will continue to face compounding inflation in the interim.

Euphoria on the trading floor

While Main Street struggles, Tehran’s stock market is experiencing an unprecedented boom amid expectations of improved economic conditions. The trading floor has been awash in green since the initial leaks of the Washington-Tehran agreement emerged.

On Monday, the main index jumped by a record-breaking 161,000 points in a single session, marking the highest-ever influx of cash from individual investors.

By Tuesday, the market continued its staggering ascent, climbing another 112,000 points to cross the psychological barrier of 5 million, ultimately settling at a historic high of 5.1 million.

Saeed, a 40-year-old investor, called it a “historic day”. He noted that investors are rushing to buy shares in the energy and petrochemical sectors, betting heavily on the resumption of exports and the reopening of global markets.

However, Saeed remained cautiously optimistic. “The stock market is often driven by rumours,” he warned. “I don’t want to repeat the experience of the 2015 nuclear deal when the market soared and then collapsed after the US withdrawal.”

He was referring to US President Donald Trump’s 2018 withdrawal from the agreement, under which Iran agreed to restrictions on its nuclear programme in exchange for sanctions relief.

Stagnation in real estate and electronics

The wait-and-see approach in effect has paralysed other sectors of the economy. In central Tehran’s electronics hubs, 38-year-old shop owner Reza reported that while the prices of imported appliances have dropped in tandem with the dollar, sales have stalled because customers are holding out for steeper discounts.

A similar freeze has gripped the housing market. Nasrin, a 36-year-old real estate agent in northern Tehran, observed that a recent price surge that accompanied the initial truce has now given way to stagnation. Many property owners are clinging to inflated prices, seemingly unaware that the market dynamics have shifted, bringing property transactions to a virtual standstill.

‘Not a magic wand’

For macroeconomic experts, the mixed market signals are entirely expected. Hossein Selahvarzi, the former head of the Iran Chamber of Commerce, Industries, Mines and Agriculture, cautioned that the new agreement is “not a magic wand” capable of instantly fixing years of structural issues in the economy.

While the war severely damaged Iran’s infrastructure, Selahvarzi emphasised that the roots of the country’s economic malaise were firmly planted well before the bombing began.

“War is the enemy of investment, production, trade and public welfare,” Selahvarzi told Al Jazeera. He warned against the analytical mistake of believing that a peace memorandum alone would revive the economy.

“Ending the military confrontation does not necessarily mean the beginning of economic prosperity,” he said, stressing that restoring stability to the business environment remains the country’s most urgent priority.

“What we have before us is a limited and fragile opportunity to correct course and rebuild the economy, and this opportunity could be lost quickly if not managed correctly.”

Published on
16/06/2026 – 8:30 GMT+2

The central bank’s increase in the uncollateralised overnight rate, by a quarter of a percentage point from 0.75%, puts it at a three-decade high.

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The Bank of Japan has been trying to normalise monetary policy lately after decades of keeping interest rates near or below zero. It adopted ultralow rates to try to encourage more borrowing and spending to counter deflation and pull the economy out of the doldrums.

Inflationary pressures because of the war in Iran, which has sent oil prices soaring in recent months, have hit Japan hard since it imports almost all its oil and gas.

Low interest rates had added to pressures on the Japanese yen, which has fallen lately to about 160 yen to the US dollar.

BOJ Gov. Kazuo Ueda, who has been hospitalised recently, did not attend Tuesday’s policy board meeting. Deputy Gov. Shinichi Uchida was expected to take his place at the news conference set for later in the day.

Before the BOJ decision, Tokyo’s benchmark Nikkei 225 index briefly topped 70,000 early Tuesday before giving up some of those early gains.

Additional sources • AP

LUKE Evans caused the Tony Awards audience to blush and sent social media spiraling after performing in a scandalously skimpy Frank-N-Furter costume live on CBS.

The Beauty and the Beast actor left little to the imagination, wearing just a tiny black jockstrap, a leather corset and sky-high heels for Sunday night’s Rocky Horror Show performance. 

During the 79th Tony Awards held at Radio City Music Hall in New York City, the ceremony paid tribute to the hit Broadway revival of The Rocky Horror Show. 

Luke, 47, emerged through a cloud of smoke to perform his starring role as the iconic Dr. Frank-N-Furter with glam-rock chaos in full force.

He completed the sexy look with fishnet stockings, elbow-length gloves, dramatic stage makeup and the crystal-covered corset before launching into a raunchy rendition of the track Sweet Transvestite alongside the cast.

At one point during the performance, the Welsh actor spun around to flash the crowd in the barely-there costume while grinding across the stage and dramatically whipping off a velvet cape to reveal the jockstrap underneath.

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The raunchy performance instantly sent social media into a meltdown as viewers praised Luke for fully committing to the campy cult-classic character.

“Luke Evans shaking his d**k and a** on stage at the Tony Awards while wearing his slutty Rocky Horror Frank-N-Furter costume…this is what Pride Month is all about!” one fan wrote on X.

Another viewer joked: “I did NOT expect Luke Evans in six-inch heels and a corset at the Tonys but now I never want him to take it off.”

A third person posted: “Broadway Luke Evans might be his most powerful form yet.”

Luke has been starring as Frank-N-Furter in the Broadway revival of The Rocky Horror Show since previews began earlier this spring, with the production officially having its opening back in April at the Hudson Theatre.

The actor previously admitted he spent months preparing physically for the demanding role, which includes elaborate choreography, live vocals and multiple quick-change costume moments throughout the show.

Frank-N-Furter, the provocative alien scientist at the center of Rocky Horror, was originally made famous by Tim Curry in the 1975 cult-classic film adaptation.

Now, Luke has made it his own, putting a darker and more seductive spin on the iconic role.

While Luke may be stirring up conversation on Broadway these days, the actor has spent years building an impressive resume across film, television and theater.

Many fans recognize the star as the villainous Gaston in Disney’s 2017 live-action Beauty and the Beast opposite Emma Watson, where his booming musical vocals and cocky swagger made him a standout.

He also starred as Bard the Bowman in The Hobbit trilogy and played the sinister Owen Shaw in Fast & Furious 6 before later reprising the role in the franchise’s spinoff projects.

On television, Luke has taken on darker dramatic roles in projects including The Alienist, Nine Perfect Strangers and Hulu’s true-crime miniseries Nine Bodies in a Mexican Morgue.

Broadway audiences, meanwhile, have long known Luke for his powerhouse stage vocals. 

Before his Hollywood breakthrough, he starred in major London West End productions including Rent, Miss Saigon, Avenue Q and Piaf.

His turn as Frank-N-Furter in The Rocky Horror Show marks Luke’s splashiest return to the stage in years – and judging by the positive Tony Awards reaction, audiences are fully embracing his comeback.

The actor’s Tony Awards appearance quickly became one of the night’s most viral moments alongside Megan Thee Stallion’s Moulin Rouge-inspired twerking performance and host Pink’s over-the-top opening number.

The 79th Annual Tony Awards aired live Sunday night from Radio City Music Hall in New York City.

A look at The Times’ final top 25 high school baseball in the Southland for 2026.

Rk. School (Rec.); Comment; last ranking

1. ST. JOHN BOSCO (27-6); SS Division 1 champion; 3

2. NORCO (28-5); SS Division 1 runner-up; 1

3. HARVARD-WESTLAKE (26-6); SS Division 1 semifinals; 2

4. SHERMAN OAKS NOTRE DAME (23-9); SS Division 1 semifinals; 8

5. CORONA (23-9); SS Division 1 quarterfinals; 6

6. HUNTINGTON BEACH (25-8-1); SS Division 1 Round 3; Division I regional champs; 5

7. LA MIRADA (25-9); SS Division 1 quarterfinals; 11

8. ORANGE LUTHERAN (25-6); SS Division 1 quarterfinals; 4

9. CYPRESS (23-9); SS Division 1 quarterfinals; 10

10. SIERRA CANYON (24-7); SS Division 1 Round 3; 7

11. AYALA (24-5); SS Division 1 Round 3; 9

12. CORONA SANTIAGO (19-12); SS Division 1 Round 3; 15

13. ETIWANDA (20-9); SS Division 1 Round 2; 18

14. OAKS CHRISTIAN (22-8); SS Division 1 Round 2; 12

15. TEMECULA VALLEY (24-6); SS Division 1 Round 2; 16

16. GANESHA (26-3-1); SS Division 2 champions; 25

17; NEWPORT HARBOR (25-10); SS Division 2 semifinals; Division 2 regional champs;14

18. MARANATHA (23-7); SS Division 1 Round 2; 23

19. LOYOLA (19-4-1); SS Division 2 runner-up; NR

20. ELSINORE (22-4); SS Division 2 quarterfinals; NR

21. AQUINAS (21-10); SS Division 2 quarterfinals; 20

22. FOOTHILL (20-12); SS Division 2 semifinals; NR

23. VILLA PARK (19-9-1); SS Division 2 first round; 17

24. SANTA MARGARITA (16-14); SS Division 2 second round; 21

25. GAHR (18-11-1); SS Division 2 second round; 13

Jared Grindlinger was right where he wanted to be Saturday afternoon at the end of his last high school baseball game — on the mound with a chance to clinch a championship for the orange and black.

Huntington Beach had a 5-0 lead with two outs and the bases loaded in the top of the seventh inning when the Oilers’ highly touted left-hander came in to relieve Jared Marchbank. The cushion was narrowed to two with runs scored on an error, an uncaught third strike and a wild pitch, but Grindlinger struck out the fourth batter to tie the bow on his team’s 5-3 victory over San Diego Cathedral in the Southern California Regional Division I final.

“I knew I’d be facing the top of their lineup and those guys are all great players but I was ready for it,” Grindlinger said. “To do this with my best friends who I’ve grown up with my entire life means everything to me.”

Grindlinger graduates Wednesday with plenty to be proud of and much to look forward to. The 6-1, 170-pound pitcher/outfielder reclassified in February to make himself eligible for next month’s Major League draft and is a potential first-round pick. Having just turned 17, the University of Tennessee commit has a bright future, but he wants to savor his final days on campus following in the footsteps of older siblings Bradley and Trent, who were back at their alma mater Saturday to cheer on Jared.

“I’ve known him since he was in second grade and he has two brothers who played for me too,” Oilers coach Benji Medure said upon wrapping up his 26th season. “Jared loves to compete and he fell in love with the culture and the family aspect of our program.”

In the first round of regionals on Tuesday, Grindlinger went four for four at the plate with a double, a home run, two singles and a run batted in plus he pitched three scoreless innings with five strikeouts in a 10-3 victory over Patrick Henry in San Diego. Two days later, he singled, tripled and scored two runs in an 11-3 semifinal victory at Corona.

Grindlinger blasted the fourth pitch he saw over the right-field fence to put the Oilers up 2-0 in the first inning Saturday — a lead they held until tacking on three more in the bottom of the sixth. He also patrolled left field and snared a line drive to end the top of the fourth.

“He came with two really good fastballs but then he hung a changeup and I knew I got it,” Grindlinger said of his 41st hit and second homer this season. “I’ve been working on discipline to look for my pitch.”

Medure noted Jared’s similarities to Bradley, the oldest, and Trent, whom he may soon be playing with in Knoxville.

“Bradley was a terrific pitcher and Trent was a super hitter and they’re all very close,” Medure said. “I think Jared picked Tennessee because he wants to be with his brother.”

He could be a Volunteer with his brother Trent next season.

“Jared’s got the best traits from both me and Bradley,” said Trent, who just completed his first season in Knoxville, where he made the SEC All-Freshman team as a catcher. “He has an aura about him and I’m super proud of him.”

“Jared’s a lot better than I was at his age,” admitted Bradley, a 2023 Huntington Beach alum who played at Long Beach State but is entering the transfer portal. “He’s barely 17 and getting to the upper 90s. He’s more polished, plus he’s a lefty.”

The hardest part about skipping his senior year to graduate early was not the extra classes he had to take but knowing he would be missing out on a chance to see his coach reach another milestone.

“He was a freshman and the second game that season I got my 400th win and Jared said, ‘I’m gonna be part of 400 and 500,’” added Medure, who is 28 wins away. “That year, we won 23 and 25 the next year. We had it all planned that 500 would be for the CIF title. When he decided to reclass to make millions of dollars he told him, ‘I feel bad I can’t win that 500th game for you.’ That’s the kind of kid he is.”

Grindlinger credits his mom for helping him meet all of his academic requirements and his brothers for teaching him everything he knows about the sport they all play.

“Whatever happens — whether it’s the draft or college — I’m good,” he said.

Medure is thrilled how the season ended considering he did not believe his team would even be in the regional bracket after losing early in the section playoffs. He is grateful for the three seasons he got to coach his superstar.

“Jared came in to let us know that scenario was on the table and every coach in that room said, ‘Awesome!’” Medure recalled. “He was scared to tell us because he thought we’d be upset. Usually it’s done to buy another year, not to lose one. Of course I’d like to coach one of the best players in America for four years, but ultimately I want him to do what’s best for him.”

Trump seeks to shore up support among rural voters hard hit by tariffs, economic fallout of war with Iran.

United States President Donald Trump has sought to reassure farmers hard-hit by tariffs and the economic fallout of the US-Israeli war with Iran during a visit to Wisconsin.

The stop in Chippewa Falls on Friday for a farming roundtable comes months before the midterm elections in November. Trump was seeking to bolster support for Republican US Representative Derrick Van Orden, who has been targeted by Democrats hoping to take control of the chamber.

Van Orden has closely aligned with Trump and has long espoused the president as the best leader for rural Americans. Democrat challenger Rebecca Cook has proven a strong fundraiser and has led Van Orden in recent polls.

Democrats are considered favourites to take control of the US House of Representatives, currently controlled by Republicans, in the midterms.

“I love the place,” Trump said, referring to Wisconsin, “and hopefully you’re going to be voting Republican, because frankly, Republican is – I call it the sane way to go.”

Success for Democrats would allow the party to seriously restrict Trump’s agenda in the final two years of his term.

The Wisconsin visit was also more broadly aimed at shoring up support among farmers, who had largely backed the president in his 2024 election bid.

Farmers have been particularly hard-hit by Trump’s aggressive tariff policies, with many countries limiting imports of US products, notably soybeans, in response. The tariffs have also made importing items needed for daily operations more expensive.

The administration has sought to offset the fallout with temporary aid packages for farmers.

At the same time, fertiliser costs have surged since the US and Israel launched the war with Iran on February 28, with the effective closure of the Strait of Hormuz increasing prices of several key components, including urea.

An April survey by the American Farm Bureau Federation found that 70 percent of farmers in the US reported they cannot afford all of their fertiliser needs.

The average gas price of $4.04 per ⁠gallon of petrol this week was also $1.08 higher than a year ago, according to the American Automobile Association.

Trump assured those gathered that the administration had “largely finished” the war “one way or the other”.

He vowed fertiliser and gas prices would come “way down”.

The visit comes as several polls have shown Trump’s overall approval rating hovering at all-time lows, about or under 40 percent.

His approval was lower on specific issues, with a Marquette Law School poll conducted from May 20-26 finding just 19 percent of respondents approved of Trump’s handling of gas prices. Only 22 percent approved of his handling of inflation and cost of living.

Several top Republicans have also warned that several of Trump’s recent actions could risk alienating voters concerned about the economy.

That included a $1.8bn “anti-weaponisation fund” launched by the Department of Justice to repay individuals, including Trump supporters, who allege they were victims of political prosecutions.

The Department of Justice has since abandoned the plan.

Trump has also requested $1bn in funding for security for his controversial White House ballroom, despite earlier saying that taxpayers would not have to foot the bill.

CIF SOUTHERN CALIFORNIA BASEBALL REGIONALS

THURSDAY’S RESULTS

Semifinals

DIVISION I

#8 San Diego Cathedral at #5 La Mirada, Friday at 4 p.m.

#7 Huntington Beach 11, #3 Corona 3

DIVISION II

#4 Bakersfield Christian 5, #8 Arroyo Grande 0

#2 Newport Harbor 11, #3 Point Loma 6

DIVISION III

#8 Kaiser 7, #4 Helix 4

#6 Westview at #2 Glendora, Friday at 4 p.m.

DIVISION IV

#8 South El Monte at #5 Francis Parker, Friday at 4 p.m.

#7 North Torrance 7, #3 Central Valley Christian 0

DIVISION V

#5 LA Roosevelt at #1 Verdugo Hills (double forfeit)

#2 Coastal Academy 5, #3 Schurr 2

SATURDAY’S SCHEDULE

(Games at 4 p.m. unless noted)

Finals

DIVISION I

#7 Huntington Beach vs. #8 San Diego Cathedral or #5 La Mirada

DIVISION II

#4 Bakersfield Christian at #2 Newport Harbor, 2 p.m.

DIVISION III

#8 Kaiser at #6 Westview or #2 Glendora

DIVISION IV

#7 North Torrance vs. #5 Francis Parker or #8 South El Monte

DIVISION V

#2 Coastal Academy wins by forfeit

CIF SOUTHERN CALIFORNIA SOFTBALL REGIONALS

THURSDAY’S RESULTS

Semifinals

DIVISION I

#1 Chula Vista Mater Dei 7, #5 Point Loma 4

#2 La Habra 8, #6 St. Paul 7

DIVISION II

#1 Riverside Prep 4, #5 Redwood 3

#6 Garces Memorial at #2 Great Oak, Friday at 4 p.m.

DIVISION III

#4 Hanford West 5, #8 Mission College Prep 4

#3 Grace at #2 Helix, Friday at 12 p.m.

DIVISION IV

#5 Grossmont at #1 San Diego Madison, Friday at 4 p.m.

#2 Woodlake 13, #3 Irvine 0

DIVISION V

#1 Arroyo Valley 12, #5 La Jolla 8

#6 San Bernardino 18, #2 South East 2

SATURDAY’S SCHEDULE

(Games at 4 p.m. unless noted)

Finals

DIVISION I

#2 La Habra at #1 Chula Vista Mater Dei

DIVISION II

#6 Garces Memorial or #2 Great Oak at #1 Riverside Prep

DIVISION III

#4 Hanford at #3 Grace or #2 Helix

DIVISION IV

#2 Woodlake vs. #1 Madison or #5 Grossmont

DIVISION V

#6 San Bernardino at #1 Arroyo Valley

After spending less than a year living in Southern California, quarterback Ford Green of Westlake High retains his distinct South Carolina accent, still answers questions with “yes sir” and “no sir,” and greets adults with a handshake that can be described as nothing less than crushing.

The first impression he makes is off the charts, which piques the curiosity of strangers wanting to learn more. It only gets better., with As on his report card, an arm that throws frozen ropes and a sports history that includes baseball and boxing, which means defensive linemen better think long and hard if they want to do something stupid.

As a freshman last season, Green guided Westlake to an 11-1 record with 2,195 yards passing and 31 touchdowns. It was his first time playing quarterback with the idea of “going all in.” During the spring, Ohio State was among the schools offering a scholarship despite his lack of football experience. The Buckeyes might be on to something.

The 2026 season could be the year the 6-foot-2 Green rises to a whole different level because of his expected improvement from workouts, practices and devoting total attention to where he wants to go.

Before last season, he said he played football for fun in South Carolina. He was a baseball player, with his focus on pitching. Then, in 2025, everything changed. He said he went “all in” on playing quarterback.

“I fell in love,” he said. “When I wake up, I think about football. When I’m eating, I think about football. When I’m at school, I think about football. I’m infatuated by the game. Not a second goes by where I don’t think something about football. It’s my life.”

Green is someone to pay close attention to this summer during passing tournaments and showcases. Call it the bandwagon effect that happens when one person after another comes to the same conclusion and recognition that someone is going to be very successful.

Twice a week, he goes on Zoom to receive training from a Canadian Football League quarterback. Other times, he works with a private quarterback coach. He already understands the intricacies of the position.

“There’s so many more factors in playing quarterback than just arm,” he said. “It all starts between the ears.”

As scrutiny heightens, attention grows and expectations increase, Green said he’ll follow a big lesson already learned.

“Take it day by day,” he said. “It’s never as good as it seems, it’s never as bad as it seems. Stay neutral and get better every day. I feel if I get better every day, I’ll be able to reach my goals and dreams.”

He said he was too busy with football this year to go out for Westlake’s baseball team, but in the spring of 2027, prepare for his high school pitching debut.

Green was part of an outstanding group of class of 2029 quarterbacks last fall, all of whom should be continuing their rise to prominence.

Seven-on-seven tournaments will be happening almost every weekend in June. Then, next month, prepare for one of the best on July 11 at Huntington Beach Edison, which brings out St. John Bosco, Santa Margarita and Mission Viejo, among others. The “offseason” has been shortened, with zero week scheduled for the weekend of Aug. 21-22. Programs are required to take a mandatory two-week summer break. Some take it in June, others in July. And then there’s the inevitable movement of players through transfers to change teams.

For Green, the 2026-27 school year is shaping up as his most pivotal season to show where he’s headed and what kind of talents he has in the classroom, on the football field and on the pitching mound.

Monitor the journey closely. Something tells me he won’t disappoint.

At the state track and field championships, Jayden Rendon of Carson was in the lead of the 300 intermediate hurdles on Saturday when he struck the final hurdle and fell to the ground. So ended his opportunity to repeat as state champion.

Did he pout? Did he lose his composure? Did he blame something or someone?

Absolutely not.

“You live and learn,” he said. “It does no justice dwelling when I can do so much more.”

He’s headed to USC, and what a student athlete he will become. He was honored on Tuesday, receiving a $1,500 scholarship from the City Section for his academic and athletic commitment. He wrote an essay on how schools in the Southern Section were trying to convince him to leave Carson.

He said absolutely not.

“Growing up in the track world since I was 8 years old, I watched many of my friends and teammates make a decision to attend schools outside of their community,” he wrote. “Their reasoning was based around sports because they believed that the CIF Southern Section schools were more competitive and would give them more opportunities for success. When I was in middle school, my family moved to Long Beach from Carson, which made my home school Long Beach Poly. The majority of my youth team friends decided to attend LB Poly, and I was often questioned on why I chose to stay in Carson instead of following the crowd. My parents and I were told that I would never reach my full potential in the City Section.

“My decision to stay in Carson and compete for the City Section was not just about competition, but about connection. While preparing to compete in the multi-events at the Junior Olympics, when I was 10, I had to run the hurdles. Coach Jojo coached hurdles at Carson so my mom asked him if he would be willing to train me in the summer. I grew a bond with Coach Jojo and developed a love for the hurdles. Both my mother and grandmother went to Carson but it was Coach Jojo who showed me what it truly meant to be part of the Colt family. Besides my family, he was my biggest supporter, he believed in me and made me feel like I belonged to something bigger: a legacy. I didn’t care what anyone said, I knew that if I had Coach Jojo by my side and if I set my mind to it, I could be successful.

“I never would have believed that from the start of my freshman year, the sport that I love, would hit me with life: In January 2023, just a few months before my first high school track season began, I lost Coach Jojo to cancer. After being a pallbearer for my beloved Coach Jojo, I made a promise to him to finish what we started. The way I saw it, I had two choices, I could feel sorry for myself or I could push through the pain and stay focused on my goals of becoming a USC Trojan.”

Rendon fulfilled his promise to his coach and community.

“I wanted to stay in the City Section,” he said. “It was my roots. I wanted to be the hometown hero. I didn’t think I needed to move to be great.”

He was right again.

This is a daily look at the positive happenings in high school sports. To submit any news, please email eric.sondheimer@latimes.com.

CIF SOCAL SOFTBALL REGIONALS
TUESDAY’S RESULTS
First Round

DIVISION I
#1 Chula Vista Mater Dei, bye
#5 Point Loma 10, #4 Whittier Christian 1
#6 St. Paul def. #3 Murrieta Mesa, forfeit
#2 La Habra def. #7 Bonita, forfeit

DIVISION II
#2 Riverside Prep 1, #8 Del Norte 0
#5 Redwood at #4 Birmingham, Wednesday at 3 p.m.
#6 Garces Memorial 3, #3 Oxnard 0
#2 Great Oak 9, #7 El Capitan 4

DIVISION III
#8 Mission College Prep 4, #1 Venice 2
#4 Hanford West 19, #5 Eagle Rock 1
#3 Grace 9, #6 Brawley 3
#2 Helix 14, #7 Covina 7

DIVISION IV
#1 San Diego Madison 10, #9 Arleta 4
#5 Grossmont 7, #4 Arroyo 4
#3 Irvine 8, #6 Avenal 7
#2 Woodlake 8, #7 Edgewood 4

DIVISION V
#1 Arroyo Valley, bye
#5 La Jolla 16, #4 Franklin 3
#6 San Bernardino 9, #3 Monte Vista 6
#2 South East, bye

THURSDAY’S SCHEDULE
(Games at 4 p.m. unless noted)
Semifinals

DIVISION I
#5 Point Loma at #1 Chula Vista Mater Dei
#6 St. Paul at #2 La Habra

DIVISION II
#5 Redwood / #4 Birmingham at #1 Riverside Prep
#6 Garces Memorial at #2 Great Oak

DIVISION III
#8 Mission College Prep at #4 Hanford West
#3 Grace at #2 Helix

DIVISION IV
#5 Grossmont at #1 San Diego Madison
#3 Irvine at #2 Woodlake

DIVISION V
#5 La Jolla vs. #1 Arroyo Valley, Wednesday at San Gorgonio
#6 San Bernardino at #2 South East

Note: Finals in all divisions Saturday, June 6 at 4 p.m. at higher seeds.

CIF SOCAL BASEBALL REGIONALS
TUESDAY’S RESULTS
First Round

DIVISION I
#8 San Diego Cathedral 4, #1 St. John Bosco 2
#5 La Mirada 7, #4 Bakersfield Liberty 6
#6 Chula Vista Eastlake at #3 Corona, Wednesday
#7 Huntington Beach 10, #2 Patrick Henry 3

DIVISION II
#8 Arroyo Grande 4, #1 Loyola 3
#4 Bakersfield Christian 3, #5 St. Francis 1
#3 Point Loma 5, #6 Millikan 2
#2 Newport Harbor 2, #7 San Diego Madison 0

DIVISION III
#8 Kaiser 2, #1 Mt. Carmel 0
#4 Helix 13, #5 Laguna Beach 4
#6 Westview 7, #3 Carson 1
#7 Culver City 11, #2 Glendora 10 (suspended in bottom of 13th inning due to darkness)

DIVISION IV
#8 South El Monte 3, #1 Brentwood 2
#5 Francis Parker 6, #4 Covina 1
#3 Central Valley Christian 6, #6 Garfield 5
#7 North Torrance 2, #2 Bell 0

DIVISION V
#1 Verdugo Hills 11, #8 Rolling Hills Prep 2
#5 LA Roosevelt 7, #4 Rancho Alamitos 4
#3 Schurr 11, #6 Webb 1
#2 Coastal Academy 5, #7 Fremont 4

THURSDAY’S SCHEDULE
(Games at 4 p.m. unless noted)
Semifinals

DIVISION I
#8 San Diego Cathedral at #5 La Mirada, Friday
#7 Huntington Beach at #6 Eastlake / #3 Corona

DIVISION II
#8 Arroyo Grande at #4 Bakersfield Christian, Wednesday at 3 p.m.
#3 Point Loma at #2 Newport Harbor, Wednesday

DIVISION III
#8 Kaiser at #4 Helix
#6 Westview vs. #2 Glendora / #7 Culver City

DIVISION IV
#8 South El Monte at #5 Francis Parker, Friday
#7 North Torrance at #3 Central Valley Christian

DIVISION V
#5 LA Roosevelt at #1 Verdugo Hills
#3 Schurr vs. #2 Coastal Academy at Palomar College, Wednesday

Note: Finals in all divisions Saturday, June 6 at 4 p.m. at higher seeds.

CIF SOCAL BASEBALL REGIONALS

(Games at 4 p.m. unless noted)

TUESDAY’S SCHEDULE

First Round

DIVISION I

#8 San Diego Cathedral at #1 St. John Bosco

#5 La Mirada at #4 Bakersfield Liberty

#6 Chula Vista Eastlake at #3 Corona

#7 Huntington Beach at #2 Patrick Henry

DIVISION II

#8 Arroyo Grande at #1 Loyola

#5 St. Francis at #4 Bakersfield Christian

#6 Millikan vs. #3 Point Loma at Dana Middle School

#7 San Diego Madison at #2 Newport Harbor

DIVISION III

#8 Kaiser at #1 Mt. Carmel

#5 Laguna Beach at #4 Helix

#6 Westview at #3 Carson

#7 Culver City at #2 Glendora

DIVISION IV

#8 South El Monte at #1 Brentwood

#5 Francis Parker at #4 Covina

#6 Garfield at #3 Central Valley Christian

#7 North Torrance at #2 Bell

DIVISION V

#8 Rolling Hills Prep at #1 Verdugo Hills

#5 Los Angeles Roosevelt at #4 Rancho Alamitos

#6 Webb vs. #3 Schurr at Montebello

#7 Fremont vs. #2 Coastal Academy at Palomar College

Note: Semifinals in all divisions Thursday, June 4 at 4 p.m. at higher seeds; Finals in all divisions Saturday, June 6 at 4 p.m. at higher seeds.

STATE CHAMPIONSHIPS

At Fresno City College

SATURDAY’S RESULTS

DIVISION I

Mira Costa d. Northgate, 25-15, 25-17, 26-24

DIVISION II

Sanger d. Francis Parker, 29-27, 26-28, 25-23, 25-20

DIVISION III

Santa Cruz d. Central East, 26-28, 25-14, 25-20, 25-18

DIVISION IV

El Dorado d. Point Loma, 25-15, 23-25, 25-20, 25-20

CITY SECTION SOFTBALL FiNALS

FRIDAY’S RESULTS

At Legacy

OPEN DIVISION

#2 Carson 12, #1 Granada Hills 1

DIVISION III

#5 South East 13, #15 Reseda 2

SATURDAY’S SCHEDULE

At Birmingham

DIVISION I

#1 Venice vs. #6 Eagle Rock, 2 p.m.

DIVISION II

#1 LA Marshall vs. #6 Arleta, 11 a.m.

DIVISION IV

#4 Huntington Park vs. #14 Franklin, 11:30 a.m.

SOUTHERN SECTION BASEBALL FINALS

FRIDAY’S RESULTS

At Cal State Fullerton

DIVISION 1

St. John Bosco 2, Norco 0

DIVISION 9

Webb 12, Rolling Hills Prep 6

SATURDAY’S SCHEDULE

At Cal State Fullerton

DIVISION 4

Glendora vs. Laguna Beach, 7:30 p.m.

DIVISION 6

Brentwood vs. Covina, 4 p.m.

DIVISION 3

Mira Costa vs. Agoura, 1 p.m.

DIVISION 7

North Torrance vs. South El Monte

At Rancho Cucamonga Epicenter

DIVISION 2

Ganesha vs. Loyola, 5:30 p.m.

DIVISION 8

Rancho Alamitos vs. Schurr, 2 p.m.

DIVISION 5

Kaiser vs. Culver City, 11 a.m.

SOUTHERN SECTION BASEBALL FINALS

FRIDAY’S RESULTS

At Cal State Fullerton

DIVISION 1

St. John Bosco 2, Norco 0

DIVISION 9

Webb 12, Rolling Hills Prep 6

SATURDAY’S SCHEDULE

At Cal State Fullerton

DIVISION 4

Glendora vs. Laguna Beach, 7:30 p.m.

DIVISION 6

Brentwood vs. Covina, 4 p.m.

DIVISION 3

Mira Costa vs. Agoura, 1 p.m.

DIVISION 7

North Torrance vs. South El Monte

At Rancho Cucamonga Epicenter

DIVISION 2

Ganesha vs. Loyola, 5:30 p.m.

DIVISION 8

Rancho Alamitos vs. Schurr, 2 p.m.

DIVISION 5

Kaiser vs. Culver City, 11 a.m.

It’s home to a 170-year-old pub, world-famous golf, medieval cathedral ruins and a legendary bakery that all visitors have to try.

Summer is almost here, making it an ideal opportunity to escape for a short break. If you fancy visiting somewhere with outstanding cuisine, stunning scenery, a fascinating past and a calming atmosphere, there’s one spot that deserves a place on your travel list – and once you visit, you’ll want to come back again and again.

Home to one of Britain’s most ancient universities, St Andrews on Scotland’s east coast is truly unique. Where else might you find a 170-year-old pub a stone’s throw away from an Oliver Bonas? It’s a location I’ve visited so many times, yet every trip uncovers something new to experience.

On a weekend getaway to Lower Largo, a tiny village in Fife, we popped into St Andrews for the afternoon. From Edinburgh it’s approximately an hour and a half’s drive, while from Glasgow it’s an hour and three quarters.

Whether you’re enthusiastic about it or not, most people probably know that St Andrews is primarily known for its golfing legacy.

The Old Course, one of the world’s most famous courses, boasts an iconic landmark that demands a picture, no matter how frequently you’ve been.

The Swilcan Bridge, constructed over 700 years ago, was our initial stop on this outing. Located on the course’s 18th hole, stepping onto the green feels extraordinary, yet it offers the ideal photo opportunity. You’ll inevitably come across fellow tourists, so you may need to queue briefly for your photo opportunity, but it’s absolutely worth the wait. Just a two-minute walk away sits the fantastic Jigger Inn pub, which was our next port of call for a bite to eat.

Dating back to the 1850s, the Jigger Inn is a cosy, welcoming pub with roaring fires that gazes out over the golf course. There’s a brilliant selection of drinks at the bar, or you can sit down and order from the menu, which is exactly what we chose to do.

Nobody will convince me there’s a better combination than a caesar salad, chips and wine, and the Jigger Inn delivered all three brilliantly.

Suitably fed and watered, it was time to explore the town itself. It’s not the largest, with most shops and attractions spread across roughly three main streets, yet you could happily wander around for hours without getting bored.

St Andrews is a truly remarkable place, with its medieval heritage plainly visible as you stroll through its streets. The university began teaching in 1413, which is extraordinary to think about, particularly given that it remains a thriving academic institution to this day.

There’s no denying it’s an exceptionally wealthy area. Students from all corners of the world move here to study, and its multiculturalism only adds to its charm. It’s also famously where William and Catherine first met and sparked their romance.

One of the main attractions is the ruins of St Andrews Cathedral, located close to the waterfront. It was built back in 1158, and was previously the largest church in Scotland. Little remains of it today, and it has since been transformed into a graveyard.

Sadly, there was ring fencing surrounding numerous graves due to possible structural concerns, but it’s still a haunting yet captivating place to explore.

There’s so much going on in St Andrews that you nearly overlook the sea being right there. Just past the Old Course sits the celebrated West Sands Beach, which actually appeared in that memorable scene at the start of Chariots of Fire.

Had it been a bit warmer, this would have been the perfect location for a walk, but the wind was battering us from side to side so we opted to retreat into the shelter of the town centre.

St Andrews is brimming with superb shops, from high street names such as H&M and Jo Malone to independent boutiques and retailers that you won’t discover elsewhere. As a passionate reader, I was keen to visit Topping and Company, a popular family-owned booksellers with a handful of stores across the UK.

The staff were friendly and helpful, and the range of books available were outstanding. There was an entire table of signed first editions at the front of the shop, and the shelves appeared to extend upwards and deeper into the shop for miles.

It’s the kind of spot where you could easily spend hours browsing – and potentially spend a lot of money. Thankfully, I succeeded in restricting myself to just one book, which proved quite the test of willpower.

There was only one more destination to visit on our trip, and if you’ve got a sweet tooth, you’ll definitely want to know about it.

A trip to St. Andrews wouldn’t be complete without stopping by Fisher and Donaldson. Founded in Fife in 1919, this family-run bakery is renowned for one thing above all else: its fudge doughnuts.

Hailed as the best in Scotland, these indulgent delights are filled with fresh custard and topped with a mouth-watering fudge icing.

While other cakes and biscuits are on offer, the fudge doughnut really steals the show. We grabbed a few to have with a coffee later, and unsurprisingly, they disappeared quickly.

St Andrews is just a lovely place to spend the day or even the weekend if you want to take it slower. It’s pleasant whatever the weather, but in the summer when the sun is shining, it’s truly unbeatable.

Hungarian Prime Minister Peter Magyar said he expects to finalize a political agreement with Ursula von der Leyen over the release of billions of euros in frozen European Union funds during talks in Brussels.

The negotiations focus on unlocking financial support that had been suspended under the previous government led by former Prime Minister Viktor Orban due to long standing EU concerns regarding corruption, rule of law standards, and judicial independence.

Hungary is seeking access to approximately 6.5 billion euros in EU recovery grants and 3.9 billion euros in low interest loans before a critical August deadline. Additional structural funds worth around 7 billion euros also remain frozen.

The talks come at a crucial moment for Hungary’s economy, which has struggled with weak growth, fiscal pressure, and budgetary strain over the past three years.

Why It Matters

The potential agreement carries major economic and political significance for both Hungary and the European Union.

For Hungary, securing the release of EU funds is essential to stabilizing public finances, supporting economic growth, and restoring investor confidence. The country’s economy has experienced prolonged stagnation, while high spending pressures and limited fiscal flexibility have increased urgency around external financing.

For the European Union, the negotiations represent an important test of how Brussels balances financial support with enforcement of democratic and governance standards among member states.

The dispute over frozen funds has become one of the most prominent examples of tensions between the EU and governments accused of weakening judicial independence or failing to address corruption concerns.

A successful agreement could signal improving relations between Brussels and Hungary after years of political friction under Orban’s leadership.

Key Stakeholders

Hungary’s Government

Prime Minister Peter Magyar is under pressure to secure financial relief while also demonstrating willingness to meet EU governance expectations.

European Commission

The European Commission must balance political compromise with maintaining credibility on rule of law enforcement and anti corruption standards across the bloc.

Hungarian Economy

Businesses, investors, and public institutions in Hungary are closely watching the outcome because EU funding plays a major role in infrastructure, development, and economic stability.

European Union Member States

Other EU governments are monitoring the negotiations as they could shape future disputes involving rule of law conditions and access to EU financial support.

Analysis

The negotiations reflect a broader shift in Hungary’s relationship with the European Union following the political transition away from Viktor Orban’s administration.

Under Orban, disputes with Brussels became increasingly confrontational, particularly over democratic governance, judicial reforms, media freedoms, and corruption allegations. Peter Magyar appears to be pursuing a more pragmatic approach focused on rebuilding trust with EU institutions while securing urgently needed economic support.

However, the remaining disagreements over anti corruption measures suggest Brussels still wants stronger guarantees before fully releasing funds. This highlights the EU’s growing willingness to use financial leverage as a tool for enforcing governance standards within member states.

For Hungary, the pressure is primarily economic. Frozen EU funds have limited the government’s financial flexibility at a time when growth remains weak and fiscal conditions are strained. Unlocking the money would provide both immediate economic relief and an important political victory for Magyar’s government.

At the same time, the negotiations also carry symbolic importance for the EU itself. Brussels will want to demonstrate that compromise does not come at the expense of accountability, especially after years of criticism over democratic backsliding within the bloc.

Future Outlook

If a political agreement is finalized, Hungary could begin unlocking critical EU funding in the coming months, easing fiscal pressure and improving economic confidence.

However, implementation will remain important. Brussels is likely to continue closely monitoring Hungary’s anti corruption reforms and governance commitments before fully releasing all frozen funds.

A successful deal may also help normalize Hungary’s relationship with the European Union after years of tension, potentially opening the door for broader cooperation on economic and political issues.

At the same time, the outcome could influence future EU disputes involving rule of law conditions and financial oversight, particularly as Brussels increasingly links access to funding with governance standards.

For Hungary, the immediate priority remains economic stabilization. But politically, the negotiations may also determine whether Peter Magyar can establish a more cooperative and sustainable relationship with Europe while distancing his administration from the confrontational legacy of the Orban era.

With information from Reuters.

South Korean stocks rebounded to a fresh all-time high Friday, driven by strong gains in stocks related to artificial intelligence (AI) and renewed optimism about a potential ceasefire in the Middle East. The local currency fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) added 290.86 points, or 3.55 percent, to close at 8,476.15, after hitting a new intraday high of 8,615.09.

Trade volume was heavy at 701.5 million shares worth 73.7 trillion won (US$48.9 billion), with losers outnumbering winners 686 to 205.

Foreign and individual investors unloaded local shares worth a net 1.04 trillion won and 1.4 trillion won, respectively, while institutions scooped up a net 2.37 trillion won.

The index restarted its record-breaking run after losing 0.53 percent the previous day. The KOSPI had risen for four consecutive sessions starting May 21, breaching the 8,000-point level for the first time Tuesday.

Overnight news reports that the United States and Iran had reached an agreement to extend the current ceasefire for 60 days and resume talks on Tehran’s nuclear program pushed up the index.

AI shares were boosted by the latest reports that Nvidia Corp. founder Jensen Huang plans to visit South Korea next week.

“Backed by gains in major stocks, the KOSPI rallied on news of Jensen Huang’s planned visit,” said Lee Kyung-min, an analyst at Daishin Securities. “Stocks related to Huang’s Korean visit closed in positive territory.”

Market bellwether Samsung Electronics jumped 5.84 percent to 317,000 won, and its chipmaking rival SK hynix advanced 1.92 percent to 2.33 million won.

LG Electronics shot up 29.93 percent to 293,000 won, and internet giant Naver surged 14.15 percent to 234,000 won. The two companies were reportedly on the top of Jensen Huang’s Korean schedule.

Top carmaker Hyundai Motor rose 6.79 percent to 723,000 won, and its auto parts affiliate Hyundai Mobis moved up 11.95 percent to 768,000 won.

Leading battery maker LG Energy Solution advanced 3.62 percent to 458,000 won, and pharmaceutical giant Celltrion gained 1.53 percent to 192,900 won.

However, major bank share Hana Financial Group retreated 0.17 percent to 115,100 won, and food giant Nongshim was down 0.77 percent to 385,000 won.

The Korean won was quoted at 1,507.9 won against the U.S. dollar at 3:30 p.m., down 5.1 won from the previous session.

Bond prices, which move inversely to yields, closed higher. The yield on three-year Treasurys fell 3.5 basis points to 3.731 percent, while the return on the benchmark five-year government bonds dropped 6.8 basis points to 3.924 percent.

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