RG Richardson City Guides

RG Richardson City Guides
Interactive city travel.

The kids aren’t hopeful

 The kids aren’t hopeful

frustrated woman sitting in front of computer

Maskot/Getty Images

On Tuesdays, the Brew’s Matty Merritt brings you the news you need to make life a little easier during your 9-5, 5-9, or OOO.

If you’re under 35 and roll your eyes when your parents talk about finding a job, know that you’re not alone in feeling exhausted by the hunt. Younger Americans are more pessimistic about the job market than older Americans, a sharp reversal from just a few years ago, according to a new Gallup World Poll:

  • As of 2025, just 43% of Americans aged 15-34 believe that it’s a “good time” to find a job where they live, compared with 64% of people 55 and older.
  • Historically, young people with their bright-eyed optimism have been more hopeful than older generations about the economy and job hunting.

The disconnect is real: In 2023, nearly 70% of 15- to 34-year-olds thought it was a good time to find a job. That means it dropped by 27 percentage points in just two years—comparable to the drop following the Great Recession in 2008. But back then, Americans of all ages felt disheartened, not just young people.

Colbert’s 11-year Late Show run ends tonight

 Colbert’s 11-year Late Show run ends tonight

Stephen Colbert

Scott Kowalchyk/CBS

Lord of the Rings and Neutral Milk Hotel enthusiast Stephen Colbert will host The Late Show for the final time tonight, ending an 11-year run at CBS after the network canceled the show for what it said were “purely financial” reasons. But many—including Colbert—believe the cancellation came at the behest of President Trump, a frequent target of the comedian’s jokes and ridicule.

The top-rated late-night show was informed of its fate last summer, shortly after CBS parent company Paramount settled a $20 billion lawsuit with Trump over its editing of a 60 Minutes interview with then-Democratic presidential candidate Kamala Harris. Colbert called the settlement a “big fat bribe.” Not long after, the FCC approved the Paramount-Skydance merger.

The future of late night: Network TV viewership has been down for everyone in the last decade, as younger audiences gravitate away from appointment TV viewing and toward online clips—something that networks have a hard time monetizing.

What’s next for Colbert? He is scripting a Lord of the Rings film for Warner Bros., a dream project for the longtime Tolkien nerd. He said he has no plans to get into politics, despite a mild endorsement from former President Barack Obama.

$50 for a movie ticket

 $50 for a movie ticket

A movie theater seat on a red carpet

Niv Bavarsky

Dinner and a movie? In this economy? We have reached the point where a date night with two movie tickets can run you $100—and that doesn’t even include popcorn. Regal Cinemas recently sold out in mere minutes for $50 tickets to see Dune: Part Three projected in 70 millimeter IMAX film over its December opening weekend, according to the Wall Street Journal, which notes it’s part of a larger premium movie ticket trend:

  • Last year, 17% of film tickets sold were for theaters with bigger screens and better sound (typically at a higher cost), compared with 13% in 2021.
  • Cinema-goers snap up seats in these theaters faster than others, so theater owners are building more of them. By the end of last year, AMC had 517, which is 30% more than the chain had in 2021.

But the WSJ says Hollywood studios aren’t sold on movie theaters going big on screens and prices, fearing that upcharging the most devoted cinephiles could backfire by turning a night at the movies from a bit of fun to a special occasion.

Beer is back on the menu, boys

  Beer is back on the menu, boys

Cartoonish illustration of a hand holding up a big beer mug

Niv Bavarsky

A proverbial ladybug just landed on the cracking-a-cold-one business: The number of drinks sold by Anheuser-Busch, the world’s largest brewer, increased last quarter for the first time in three years, the company reported yesterday, surprising analysts and suggesting that a broader chill in the beer industry may be thawing.

“Cheers to beer,” AB InBev CEO Michel Doukeris said of the promising results, which also included better-than-expected 12% revenue growth. Major gains in Latin American markets drove the beer beat:

  • The brewer’s Brazil unit notched record growth in sales volumes, sending shares of the Sao Paulo-listed subsidiary soaring by their most in almost 27 years.
  • AB InBev, which owns Corona and Modelo (except in the US), also exceeded expectations in Mexico, overtaking rival Heineken in the region.

But…that wasn’t enough to turn beer sales positive for the whole continent. In what could be interpreted by Big Ten students as a challenge, overall North American beer sales continued to fall, as persistent inflation and shifting health trends kept US shoppers away from the alcohol aisle.

Good thing AB InBev has expanded into beer that doesn’t get you drunk—revenue from its non-alcohol beverages jumped 27% in the quarter.

Sign of the imbibing times?

Along with AB InBev…

  • The Danish brewer Carlsberg recently reported that its beer volumes turned positive after rolling downhill last year.
  • Heineken’s total volumes also grew last quarter after falling in 2025, but the breakthrough was buoyed by sales of mixers and ciders. Heineken’s beer volumes actually fell from the same time last year.

Looking ahead…AB InBev said it’ll beat out both of those rivals this year. Much like other brewers, the company that slings Budweiser, Bud Light, Stella Artois, and Michelob Ultra—now the best-selling beer in the US—expects a significant summertime boost from World Cup festivities.

Ken Read to lead last-minute US charge for the America's Cup

Ken Read to lead last-minute US charge for the America's Cup

Ken Read to lead last-minute US charge for the America’s Cup

Toby Heppell
April 8, 2026
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With Ken Read as CEO and American Magic’s AC75 in the shed, a 'new' US challenger enters the America's cup ring. But is one year enough to win?

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After months of uncertainty regarding a US presence on the start line, the newly formed American Racing Challenger Team USA has been confirmed as an official challenger for the 38th edition of the America’s Cup.

Representing Sail Newport, the team bridges the gap left by the New York Yacht Club when they and their representative American Magic pulled out the America’s Cup in late October 2025 . Prior to this announcement, the competition in Naples was on track to be the first in history without an American boat.

Sail Newport, although not one of the big traditional clubs typically associated with the America’s Cup does have an interesting AC lineage. The entry is a full-circle moment for the club, an organisation founded in 1983 specifically because the Cup left American shores.


Sail Newport. Photo: Rodrigo Fernandez/Sail Newport 2026
A turnkey takeover?

At present details are still a little thin on the ground – with the promise of more to come shortly. However, while the team carries a new name, the DNA is familiar. In a move that feels less like a fresh start and more like a strategic acquisition of the now-defunct American Magic program, the new syndicate has purchased the previous team’s core assets specifically Patriot: The AC75 yacht that served as American Magic’s primary racing platform and both the American Magic AC40s though how much IP has been acquired alongside these platforms is currently unclear.
The Ken Read Factor

The vision of entrepreneurs Karel Komárek and Chris Welch, American Racing Challenger Team USA, will be led by American yachtsman Ken Read, two-time Rolex Yachtsman of the Year and one of the world’s most accomplished and respected sailors.

If the hardware provides the foundation, the leadership provides the credibility. The appointment of Read as CEO signals that this is a serious sporting endeavour rather than a vanity project. However, even with Read at the helm and a boat already in the shed, the team faces a brutal race against time to be ready.



Chris Welch and Karel Komárek Co-Founders of American Racing Challenger Team USA
Race against the clock

Despite significant protocol upheaval and changes to the event, the foundational (and admittedly clichéd) truth in the America’s Cup remains; ‘there is only one thing you can’t buy: time’.

“We’re under no illusion about the challenges ahead,” Read admitted. “We’re fully focused on building a team that can win the Cup.”

With the 38th America’s Cup set to begin in the Bay of Naples in Spring 2027, American Racing has roughly one year to assemble a world-class crew, optimise Patriot to the latest class rules, and match the flight-time of established powerhouses like Emirates Team New Zealand and Luna Rossa Prada Pirelli.

Further details on the official crew roster and technical partnerships are expected in the coming months. For now, American fans can breathe a sigh of relief: the stars and stripes will be foiling in Italy.

The 38th America’s Cup is scheduled to take place in Naples, Italy, starting in the Spring of 2027.












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About The Crown and Canada

 

About The Crown

Canada is a constitutional monarchy. The Crown in Canada was first established by the kings of France in the sixteenth century. Organized as a royal province of France, both French and British kings and queens have reigned over Canada since 1534. Under Canada's sovereigns, the country has evolved from a French colony to an independent nation.

Canada’s Head of State

In today's constitutional monarchy, His Majesty King Charles III is King of Canada and Canada's Head of State. He is the personal embodiment of the Crown in Canada.

In Canada’s system of government, the power to govern is vested in the Crown but is entrusted to the government to exercise on behalf and in the interest of the people. The Crown reminds the government of the day that the source of the power to govern rests elsewhere and that it is only given to them for a limited duration.

The governor general and lieutenant governors

The governor general and the 10 lieutenant governors represent the Crown in Canada and act on the Monarch’s behalf.

The governor general’s role and responsibilities consist mainly in carrying out many of the duties on behalf of The King. For example, he or she presides over the swearing-in of the prime minister, the Chief Justice of Canada and cabinet ministers. However, there are powers that can only be exercised by The King. The lieutenant governors of the provinces perform similar duties at the provincial level.

The Parliament of Canada

The Parliament of Canada consists of The King, the Senate and the House of Commons. In the provinces, legislatures consist of the lieutenant governor and the elected assembly.

His Majesty's representatives act on the advice of the prime minister or ministers responsible to the House of Commons or the provincial legislative assemblies.

BC Must Stop Blaming First Nations for Old-Growth Logging | The Tyee

BC Must Stop Blaming First Nations for Old-Growth Logging | The Tyee


BC Must Stop Blaming First Nations for Old-Growth Logging
Instead of subsidizing logging, the province should follow experts’ advice and pay nations to conserve forests.

Ben Parfitt TodayThe Tyee

Ben Parfitt is a reporter at The Tyee covering forestry and related issues.Our journalism is supported by readers like you. Click here to support The Tyee.

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The province has sought information on how to conserve old-growth forests but has often failed to follow through. Photo via Conservation North.


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You would be forgiven for thinking that British Columba’s Ministry of Forests is really the Ministry of Logging.

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A recent ministry news release boasts of a 30 per cent increase in timber auctioned, legislative amendments that will result in 17,700 more truckloads of logs coming out of the province’s forests each year, and a new streamlined permitting process that will add another 11,100 truckloads of logs to the mix.

Ravi Parmar, the man overseeing all of this as forests minister, is certainly working hard to meet the mandate given to him by Premier David Eby, one that instructs him to increase logging rates and that sets a numerical target.

But what of old-growth forest conservation, which is also part of Parmar’s mandate? There, Parmar has acted with decidedly less zeal.

‘A moral failure’

In 2021, the provincial government appointed a panel to guide it in protecting more of B.C.’s irreplaceable old-growth forests. The panel delivered a report that recommended 2.6 million hectares of old-growth forests be deferred from logging. But trees have continued to fall, and last month five members of that panel wrote the government, voicing alarm at the province’s lack of progress in conserving British Columbia’s old-growth forests.

The panel members — ecologists Rachel Holt and Karen Price, longtime forester and Tahltan Nation member Garry Merkel, landscape analyst Dave Daust and economist Lisa Matthaus — were blunt.

“Purposely causing extinction is not just a moral failure but also a high economic, ecological and social risk.”

Parmar’s disingenuous response was to say that the lack of progress is effectively beyond the government’s control. The province has referred the proposed deferrals to First Nations and First Nations have rejected half of them, he said.

In an interview with Canadian Press reporter Brenna Owen, Parmar said that the “core” of the province’s old-growth commitments was respecting First Nations’ rights and title and making sure that “they have a seat at the table.”

“We’ve done that,” Parmar said, as if that absolves the government of addressing a biodiversity crisis that it brought into being with its own destructive resource policies.

Parmar’s ministry did indeed refer the old-growth deferral recommendations to First Nations. But those referrals didn’t happen in a vacuum, and therein lies the problem.

Bankrolling logging

For decades, provincial governments have worked diligently to get First Nations more directly involved in logging old-growth and primary forests (forests that have never before been subject to industrial logging activities).

Efforts really took off during Gordon Campbell’s helm as premier in the early 2000s, with the issuance of a raft of new logging licences giving First Nations timber and cash. By 2006, 126 such licences had been awarded.

Since most First Nations — then and now — do not directly own or co-own mills, the trees cut down under those licences ended up being shipped to sawmills owned by a handful of lumber companies that had long ago monopolized the forest industry in B.C. But at least First Nations were being given some stake in profiting from the industrialization of their traditional lands, rather than standing on the sidelines as forests were depleted to the financial benefit of the province and lumber companies alike.

The current government has effectively continued what the BC Liberals started, with Parmar recently announcing that his ministry granted new logging rights to the Fort Nelson First Nation in the remote northeast corner of the province.

Some of the licences awarded under the NDP’s tenure have clearly given the First Nations involved better financial terms than their competitors. In 2022, the McLeod Lake Indian Band logged nearly 180,000 cubic metres of timber under a special permit awarded to the band by the ministry and known as an occupant licence to cut.

A Tyee review of records available on a ministry database shows that the ministry charged the band only 25 cents per cubic metre for the timber cut under the licence. That is the bare minimum “stumpage” fee that logging companies pay the province when they cut down trees on Crown or publicly owned land.

Had the band or the companies to which it sold the logs paid the same as everyone else in northern B.C. who held similar licences that year, the province would have collected over $1 million more in stumpage fees. Those savings meant increased profits for the band.

The provincial government has also entered into revenue-sharing agreements with many First Nations that have had the effect of bankrolling even bigger logging ventures.

In February 2022, the Tsay Keh Dene Nation and the McLeod Lake Indian Band announced that they intended to spend $70 million to buy a forest licence in the Mackenzie region held by Canfor Corp.

Shortly after that, money began pouring into the band and First Nation from the provincial government. A Tyee review of financial statements available on a searchable federal government website shows that provincial funding to Tsay Keh rose from just over $2 million in 2022 to $18 million in 2024. McLeod Lake’s revenues from the province rose from $11 million in 2022 to $55 million in 2024.

Flush with that infusion of cash from the province, the two Indigenous governments ultimately bought Canfor’s forest licence in September 2024, the same year that provincial government contributions to the two Indigenous governments were at their highest levels.

Taxpayers, it could be argued, effectively subsidized a purchase that financially benefited both the First Nation and a forest company that had put thousands of mill workers out of jobs as it shuttered one B.C. mill after another and plowed investment dollars into the U.S. South instead.

Bankrolling conservation?

Parmar and his predecessors have clearly encouraged more logging by First Nations on the grounds that it fosters a long-overdue new relationship with Indigenous Peoples and governments in the province.

But it prompts the question: What meaningful financial assistance has the province offered those First Nations who may wish to conserve forests in their territories or those First Nations who might be persuaded that that is the right and necessary thing to do?

If the provincial government genuinely believes in protecting more irreplaceable old-growth forests — it appointed the panel after all — then what is it doing to make that happen?



The Forest Quietly Removed from BC’s Old-Growth Deferral Listread more

Parmar’s claim that more old growth could be protected if First Nations were of a different mind is an insult to all British Columbians, especially when the government is shovelling money out the door at the same time to facilitate the very logging of those forests.

In their letter, the five panel members pointed out that in lieu of logging, there must be adequate conservation financing or funding to assist First Nations who are affected both by the industrialization of their traditional lands and by conservation decisions.

Such funding “has not been part of the deferral conversation” and its absence “leaves First Nations with no real choice,” the panel’s members told the province. “We ask the province to take responsibility for maintaining these exceptional forests and not place the burden of harvesting decisions entirely on Nations.”

Financially compensating First Nations to conserve lands is not a new idea. In 2019, all provincial members of the legislative assembly voted unanimously in support of the Declaration on the Rights of Indigenous Peoples Act, which became law on Nov. 28, 2019.

Article 29 of the act states:

“Indigenous peoples have the right to the conservation and protection of the environment and the productive capacity of their lands or territories and resources. States shall establish and implement assistance programmes for indigenous peoples for such conservation and protection, without discrimination.”



Why Logging Isn’t the Solution to BC’s Wildfire Crisisread more

Premier Eby has proposed suspending portions of the legislation in response to court rulings, but has backed away from immediate action.

Whether or not Article 29 is among those sections to be suspended remains to be seen. But regardless of what happens, it is clear that all those provincial MLAs to vote in favour of the legislation seven years ago — the current premier among them — believed that First Nations were owed financial compensation to assist in conservation efforts.

In the 155 years since B.C. entered Confederation, governments have collectively taken in hundreds of billions of dollars in “resource rents” from logging, oil and gas, and mining companies.

It’s time some of that money went back to financially compensate those who have paid, and continue to pay, the biggest price as irreplaceable old-growth forests disappear. And that money needs to flow at a rate that is commensurate with or better than the money the government is happily pushing out the door to get First Nations to log instead.


Read more: Indigenous, Labour + Industry, Environment

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Atlantic hurricane season forecast 2026


 Atlantic hurricane season forecast 2026

The Atlantic hurricane season officially begins June 1 with this prediction update coming from AccuWeather:


A developing El Niño will be one of the biggest forces shaping the 2026 Atlantic hurricane season, and is one reason the number of storms could be near to below historical averages. Still, hurricane preparedness is critical as multiple storms could make landfall in the United States this season.

The 2025 hurricane season was close to the historical average in terms of the number of storms, but it featured three Category 5 hurricanes, just one shy of the all-time record of four. Additionally, most of the tropical activity occurred after Sept. 10, the climatological peak of the hurricane season.

“It’s very important that everybody from South Texas all the way to Maine prepares equally for each and every hurricane season, regardless of what the official forecast is,” AccuWeather Lead Hurricane Expert Alex DaSilva said. “Even if it’s expected to be a slightly below average hurricane season, we can still see major hits across the United States.” – Full report

Louis an eatery with long history finally opens location in Rock Forest

Eatery with long history finally opens location in Rock Forest



Sherbrooke Record · 6 days ago
by Matthew Mccully · News


Louis Restaurants, a Sherbrooke institution, reflects a little history in its new digs

Michael Keegan
The Record – LJI

The Louis Restaurant chain, a Sherbrooke institution, inaugurated a new location in the Rock-Forest area of Sherbrooke on March 30. It’s the business’s fourth restaurant and the first west of Autoroute 410, easy to find beneath the two huge, white water towers that are landmarks on Blvd. Bourque.

In a press release, the chain said the opening in Rock-Forest was long anticipated. The quickly filling parking lot and the growing line inside appeared to confirm this. The organization’s general manager, Christian Frechette, didn’t have time to speak to The Record, busy as he was prepping orders under the heat lamps behind the counter. He only had enough time to smile for a photograph.

Waiting in line to order at 11:45 a.m. just 45 minutes after the restaurant opened its doors for the first time, Émilie Thibault said, “It’s been years” that she’s been waiting for a Louis to open in the Rock-Forest neighbourhood. She said the place brings back fond memories for her of eating there when she was a child.

Indeed, the business has a long history in Sherbrooke. The first Louis Luncheonette opened in 1949. Seated at one of the tables wearing a Louis baseball cap was Normand Bérard, who said he left school at the age of 14 and started working for the company in 1957-58, cleaning windows, counters and bathrooms, for 15 or 20 hours a week, at 55 cents an hour.

In French, Bérard said he worked for the business for 61 years and three months and worked for only three different owners over that time. He said that what kept it successful when other restaurants came and went, was simple: “The quality of the food, and the personnel. Bonjour madame, bonjour monsieur. Always clean, always sharp.”

Obituary: Ted Turner, America's Cup icon and founder of CNN (1938-2026)

Obituary: Ted Turner, America's Cup icon and founder of CNN (1938-2026)

Obituary: Ted Turner, America’s Cup icon and founder of CNN (1938-2026)

Helen Fretter
May 7, 2026
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Ted Turner has passed away at age 87. The CNN founder was also an America's Cup victor, a four-time winner of the Rolex Yachtsman of the Year award, and a colourful character in American yacht racing

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One of the biggest characters in yacht racing – and particularly the America’s Cup – Ted Turner, has died aged 87.

Robert ‘Ted’ Edward Turner III was born on November 19, 1938 in Ohio, USA, and spent his childhood sailing in Savannah, in the Southern state of Georgia, going on to win class championships in the Flying Dutchman amongst others.

After military school he headed to Brown University, where he represented the Ivy League institution in sailing, but was expelled for being caught with a female guest in his dorm room.

He joined his family business, Turner Communications, which specialised in advertising hoardings, as an account executive. But his father took his own life shortly after, and Turner III took over as the company’s president.

The young Turner swiftly proved to have an aptitude for the media business, diversifying the company into radio, television, and sports, with enormous success.


Ted Turner photographed with sailing trophies in his office at Turner Broadcasting System. Credit: Tom Hill via Getty

In 1964, aged 26, Turner trialled for the US Olympic Team in the Flying Dutchman class, but was not selected to represent USA at the Tokyo Games.

However, he won the Flying Dutchman World Championships the following year, and also won the 5.5-Metre Worlds in 1970.

He then moved into big boat racing and bought the 12-Metre American Eagle in 1969. American Eagle was designed for the 1964 America’s Cup, but Turner had it converted to IOR racing.

After competing in SORC races and the Annapolis-Newport Race, it sailed across the Atlantic on its own bottom to race in the Fastnet Race.

Officially a ‘reserve’ for the US Admiral’s Cup team that year, Turner skippered American Eagle to win line honours and set a monohull race record time in the 608-mile offshore race in 1971.

He then shipped the boat to Australia and won the 1972 Sydney Hobart Race on both line honours and handicap.

Turner went on to win both races again. He won the tragic 1979 Fastnet Race in his own 61-footer Tenacious.

He is quoted as saying during the race: “Looks like there’s some heavy weather coming. Put up all the canvas, we’ll let God take it down.”



He also won line honours in the 1983 Sydney Hobart as skipper of the Maxi yacht Condor.

His sailing successes led to him skippering the Challenger Mariner for the 1974 America’s Cup Defense Trials, but Mariner – which had a radical hull design – was swiftly knocked out, and Turner was dismissed.

Describing the boat, Turner famously noted that ‘even a turd is pointed at both ends’.


Determined to get to the Cup, Turner partnered with sailmaker Ted Hood of the rival Courageous syndicate, which had won the 1974 Cup, with Turner appointed as Courageous’s skipper for the 1977 defence.


The American yacht ‘Courageous’, captained by Ted Turner, sailing at Newport during selection trials for the America’s Cup, Rhode Island, August 9th 1977. Credit: UPI / Bettmann Archive via Getty Images

In 1977 Courageous and Turner won first the US America’s Cup trials – for which Cup reporter Bob Fisher gave him the moniker of “Captain Courageous” when he came from behind to defeat the newer 12-Metre Independence, skippered by Hood, and Lowell North on the much fancied Enterprise.

He then successfully defended the Cup in the Match against the challenger Australia, winning 4-0, and celebrated famously.

He was a four-time winner of the Rolex Yachtsman of the Year award, and is thought to have won over 500 major sailing trophies.


Turner at the official CNN Launch event at CNN Techwood Drive World Headquarters in Atlanta Georgia, June 01, 1980. Credit: Rick Diamond via Getty Images

Success on the water was mirrored in his business life, with Turner founding the CNN news network in 1980.

CNN became a leader in breaking international news, covering seismic events such as the protests in Tiananmen Square, the fall of the Berlin Wall, and the Gulf War in Iraq.

Turner was named Time magazine’s “Man of the Year” for CNN’s groundbreaking coverage in 1991. He later bought the MGM film library for $1.6bn, and created the Cartoon Network, before selling his multi-billion-dollar business in the Time Warner merger.

A passionate environmentalist, Turner was a major charity donor and passionate about sustainable development – much of it on his own land, and until 2010 he was the largest private landowner in the USA.

He gave $1 billion to create the United Nations Foundation charity, and lobbied to reduce the global proliferation of nuclear, chemical, and biological weapons.

He created the ‘Goodwill Games’, after several Olympic Games in the 1980s were impacted by political boycotts, and invested heavily in various sports including baseball and wrestling.

Turner is reported to have had a long-running feud with fellow media magnate Rupert Murdoch – which founded, not in a ratings war, but when a Murdoch-sponsored yacht collided with Condor during the 1983 Sydney to Hobart Race.

Condor ran aground but held the race line honours win after protest. At a boozy post-race dinner, Turner and Murdoch exchanged heated words – legend has it that Turner later challenged Murdoch to a televised fistfight in Las Vegas.



Outspoken and at times controversial, he was variously nicknamed ‘The Mouth of the South’ and ‘Captain Outrageous’, though the latter often applied to his ability to snatch victory from the jaws of defeat on the water.

His private life was also at times in the headlines: he married three times – the third time to actor Jane Fonda.

He is survived by his five children, 14 grandchildren and two great-grandchildren.

When We Choose War, We Cannibalize the Solution

 When We Choose War, We Cannibalize the Solution


When We Choose War, We Cannibalize the Solution
April 22, 2026
Reading time: 3 minutes

Full Story: Corporate Knights
Author: Ralph Torrie


Irpin, Kyiv Oblast, Ukraine. 1 April 2022. (UNDP Ukraine/flickr)



My father saw the devastation of the Second World War firsthand and often said, “There are no winners in war.” It sounded like moralism when I was young. Today it reads like systems analysis. In a world of tight carbon budgets and finite critical minerals, the war economy and the energy transition are not parallel projects. They are rival claimants on the same resources, and only one of them can ultimately keep us safe.

We already know the headline facts. The wars in Ukraine and Iran are producing emissions on the order of a mid-sized industrial economy. The scramble for energy and resources helped set the stage, and the destruction of pipelines, depots and power stations has become a recurring spectacle. Analysts have tallied the greenhouse gases, the poisoned soils, the bombed substations and the forests turned to smoke. Less discussed is what this means for the energy transition itself: every tank, missile and drone is built from metals and fuels we also need for wind turbines, batteries and resilient grids.

Every tonne of copper that ends up in shrapnel rather than in wires, every kilogram of lithium that ends up in loitering munitions rather than stationary storage, slows the transition and deepens climate risk for everyone, including the supposed winners. When we choose war, we are not just adding to the climate problem; we are cannibalizing the solution.

Here we face a fork in the road. One path is to treat transition minerals as the new oil: strategic assets to be hoarded, weaponized and fought over. That path is already visible in export controls, trade extortion and a growing list of violent incidents and community protests around mines in the GlobalSouth. The other path is to treat them as a global lifeline for common security, with shared stockpiles, transparent reporting, producer countries as real partners and apolitical norm that the first call on these minerals is decarbonization, not escalation.

Modern warfare also confirms, in the harshest possible way, the old principle that shows up in all the great religious traditions: what you do unto others, you do unto yourself. In a tightly coupled Earth system, the effects of our actions propagate through food webs, supply chains and the atmosphere. When a refinery or gas pipeline explodes, the carbon doesn’t check passports on the way up. When artillery fires shell after shell into fields, the contaminants do not ask permission before entering rivers and crops. Thermobaric weapons suck oxygen from the air and generate firestorms; forests and towns burn, releasing greenhouse gases and black carbon that darken ice and accelerate melting thousands of kilometres away. High-precision missiles and drones can target power plants and transmission lines with uncanny accuracy; the replacement steel and concrete, when they eventually arrive, carry their own enormous carbon price tag. In Ukraine, war-related emissions are now estimated to exceed the emissions from all of the country’s civilian sectors.

And yet, from a certain narrow corner, war looks like a success story. Defence budgets climb; order books for missiles, shells and air defence systems fill; share prices rise. Headlines announce record revenues for the world’s largest arms makers. If your horizon is the next quarter and your constituency is shareholders, war is indeed “good for business.”

But that business model is parasitic on the larger economy and on the biosphere. War destroys infrastructure, scares off investment, shreds trade links and forces governments to divert money from health, education and decarbonization into replenishing stockpiles and repairing damage. It also burns through critical minerals that the low-carbon economy will need for generations.

Militarization is itself a threat to our security and that leads to some uncomfortable but necessary questions for business and finance. Should climate-aligned investors treat defence exposure as compatible with net-zero strategies, given what we now know about war’s emissions and mineral demands? Should governments that proudly report power-sector decarbonization be allowed to keep military emissions off the books? Should critical-mineral off take agreements be judged only on price and supply security, or also on whether they prioritize uses that reduce net global risk?

My father’s line about there being no winners in war was, in its way, a statement of planetary accounting. In the 21st century, with the atmosphere full and the mineral supply tight, any war anywhere threatens states and markets everywhere, and the thin atmospheric envelope that makes any kind of economy possible at all.

Ralph Torrie is director of research at Corporate Knights, where this post was first published.

Starting early

 Starting early

Friends cheers with cocktails at home before going out

Unsplash

One of the surest signs of rising prices? The hottest place to grab a drink may be your place. With the average price of a cocktail in the US at $13.61 (which would be cheap in some cities), people with 401(k)s are pregaming like college students to save cash, the Wall Street Journal reports:

  • In a survey conducted by consumer-insights platform Zappi, nearly one-third of people who had drinks in the past three months said they pre-drink to avoid shelling out money later.
  • And among those who told Zappi that higher prices influence their decision about going out, 37% pre-drink and 41% have switched to a non-alcoholic option when out and about.

Others are choosing a stealthier method of getting buzzed for less: sneaking their own booze into venues. And since that crowd gravitates toward smaller bottles, it’s shifting sales. Suntory’s chief executive told the WSJ the company has seen increased demand for nips of Jim Beam and Maker’s Mark, Diageo has started making mini versions of its high-end Don Julio 1942 extra Añejo tequila, and ALB Vodka said sales of airplane-sized bottles more than tripled in Q1 compared with last year.

What to know about the lethal hantavirus outbreak

 What to know about the lethal hantavirus outbreak

Hantavirus cruise ship outbreak

Jeffrey Groeneweg/Getty Images

An Atlantic cruise with nearly 150 passengers onboard is suffering from an outbreak of hantavirus, a respiratory disease with a mortality rate of up to 50%. Health authorities in several countries are tracking down dozens of passengers who had left the ship before virus cases were confirmed.

Since the Dutch-flagged Hondius departed Argentina last month for the African nation of Cape Verde, three passengers have died and five others have fallen ill, with at least five cases confirmed via lab testing. Thirty passengers from 12 countries disembarked at the island of Saint Helena and flew home last month. Authorities are now attempting to locate them.

This isn’t Covid 2.0…as health experts assure that the risk of a hantavirus pandemic is low, since it doesn’t spread easily between humans and isn’t as mutation-prone as Covid.

How does one get sick?

People typically contract hantavirus by coming into contact with rodent droppings or inhaling contaminated particles. But Hondius passengers could have been transmitting it to each other:

  • Some passengers tested positive for the rare Andes version of the virus—the only hantavirus strain for which human-to-human transmission is known to be possible.
  • People can pass the Andes variant to each other through close physical contact or by sharing utensils.
  • The virus’s flu-like symptoms can appear one to eight weeks after exposure.

There are currently no targeted treatments for the disease, and no FDA-approved vaccines, though research efforts are underway to develop one.

It’s a bad look for cruises. The outbreak is reminding vacationers right at the start of summer travel season that cruise ships can act as floating petri dishes for communicable diseases, with their buffet-style dining and passengers rubbing shoulders at the blackjack table mingling in close quarters. The vacation vessels were major hot spots for Covid in the early days of the pandemic and are also common sites of norovirus outbreaks.

Looking ahead: Hondius is now being diverted to the Canary Islands with plans to send the passengers back to their home countries.

How much protein do you actually need?

 

Peanuts in a bowl on a kitchen scale

Getty Images

This is the question that should have been posed to the supercomputer in The Hitchhiker’s Guide to the Galaxy. Instead, we’re left scrabbling together macronutrient advice with the panic of a high school student who forgot about today’s calculus exam.

For years, it was straightforward enough. US dietary guidelines long advised that adults eat 0.8 grams of protein per kilogram of body weight (0.36 grams/pound) every day, which is in line with the World Health Organization’s recommendations.

But this year, the US updated its protein guidance to 1.2–1.6 grams per kilogram (0.55–0.73 grams/pound), which many nutritionists considered to be too much for the average person. Some caveats:

  • This amount of protein can be appropriate if you’re strength training or are over 65, when muscle loss tends to accelerate.
  • One dietitian told Stanford Medicine that she also recommends the higher end of this range for patients who are losing body mass on GLP-1s.

Busted: You may hear that you should be eating 1 gram of protein per pound that you weigh, but a dietitian writing for the Mayo Clinic says that anything above 0.9 grams per pound (2 grams/kilogram) is excessive. Another myth, according to Stanford’s director of nutrition studies, is that plant-based protein is “incomplete” compared to animal protein. If anything, carnivorous diets may lack sufficient fiber, which is found aplenty in plant-heavy diets.—ML

NEWS YOU CAN USE

Much like Ryan Gosling when he was promoting Project Hail Mary, protein is showing up everywhere you look. Here are some of the more unexpected—and downright confusing—foods that now boast about having protein, and how many grams each has per serving:

Even the train to the World Cup is expensive

 Even the train to the World Cup is expensive

Illustration of a New Jersey transit ticket being ripped in half by two different businessmen, revealing a family of sad soccer fans behind it.

Nick Iluzada

Oh, now everyone cares about going to New Jersey. NJ Transit’s plans to ratchet up the price of a round-trip ticket from New York’s Penn Station to New Jersey’s MetLife Stadium to ~$150 during this summer’s FIFA World Cup has sparked an outcry, according to The Athletic.

The 18-mile rail journey normally costs $12.90 for a return ticket, so the roughly 1,163% price hike has shocked fans, who have few other options to get to and from the eight games hosted at MetLife Stadium—including the championship.

Now, it’s political:

  • NJ Gov. Mikie Sherrill, who inherited the FIFA contract when she took office in January, released a video yesterday accusing FIFA of taking advantage of the state’s transit system by providing $0 to help offset the $48 million added cost for the event.
  • But FIFA doesn’t typically help pay for transportation costs.

Big picture: The hundreds of thousands of World Cup fans expected to descend on the area in June and July are already feeling stretched thin by FIFA’s non-transparent, sky-high ticket prices. Even with nearly a third of tickets unsold, prices have reached record-breaking levels—with seats at some desirable games going for as much as $10,000 each.

NYC plans to tax rich people’s backup homes

 NYC plans to tax rich people’s backup homes

Luxury condo building

Getty Images

Web-spinning spiders living in penthouses overlooking Central Park might soon see a tax on their dwellings. This week, New York Gov. Kathy Hochul and NYC Mayor Zohran Mamdani announced a proposed tax on non-primary residences in the Big Apple that are valued above $5 million.

The measure would affect about 13,000 second homes—aka pied-à-terres—owned by wealthy folks who mostly live elsewhere but use them as investments or a place to crash when visiting town.

Taxing out-of-towners

Mamdani pitched the measure as a charge on “the ultra-wealthy and global elites” that would help the city close its $5.4 billion budget gap. The Hochul administration said the proposal would bring city coffers at least $500 million yearly. An independent estimate put the haul at $232 million for a similar proposal in 2020.

Proponents argue that absent neighbors should have to pull their weight:

  • They say that the tax targets property owners who don’t pay local taxes or patronize nearby businesses, yet benefit from municipal services that support their home values.
  • Several major cities like Paris and Vancouver already tax empty cribs.

But…local real estate industry groups say it will undermine NYC’s luxury-housing market, reducing tax proceeds from bougie home sales and costing construction and maintenance jobs.

Looking ahead…Hochul aims to include it in the next state budget that lawmakers are currently negotiating.

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