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Manchester United Overcome Scare to Set Up Europa League Final Clash with Tottenham

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Manchester United mounted a thrilling late comeback to beat Athletic Club 4-1 at Old Trafford, sealing a resounding 7-1 aggregate victory and booking their place in the Europa League final against Tottenham Hotspur.

Following a commanding 3-0 win in northern Spain last week — aided by Athletic going down to 10 men — the Red Devils returned to a buzzing Old Trafford, with fireworks crackling and red smoke filling the air. But despite the commanding first-leg advantage, doubts lingered over Ruben Amorim’s side, whose domestic form has been erratic at best.

True to recent form, United didn’t make it easy. Trailing with just 18 minutes to go, Amorim turned to his bench, introducing Mason Mount — a move that proved decisive. The midfielder, plagued by injuries and inconsistency since arriving at the club, delivered two stunning goals to ignite the Theatre of Dreams and steer United into the final.

Amorim made eight changes from the weekend’s 4-3 defeat to Brentford, reverting largely to the team that started the first leg. Athletic, meanwhile, were severely weakened. Dani Vivian was suspended following his red card, and manager Ernesto Valverde had to contend with the absence of key players, including Nico and Inaki Williams and top scorer Oihan Sancet.

Yet, it was the visitors who struck first. Mikel Jauregizar stunned the home crowd with a sublime 31st-minute strike, curling the ball past Andre Onana after United’s defence failed to clear their lines. It followed a nervy spell from the hosts, with Alex Berenguer twice threatening from distance.

United looked short of ideas for much of the first half, and although Alejandro Garnacho had a golden opportunity to equalise before the break, he failed to convert after being set up by the lively Patrick Dorgu.

Athletic started the second half with purpose, and United were forced into several scrappy clearances. The nerves inside Old Trafford were palpable. Both sides made triple substitutions just after the hour, and Athletic nearly made it 2-0 when Unai Gomez’s header flashed across the face of goal.

Then came the turning point. In the 72nd minute, Mount swiveled and curled a brilliant shot into the far corner to level the tie on the night and restore calm. That was followed by a thumping Casemiro header from a Bruno Fernandes cross, and minutes later, Rasmus Højlund bundled in United’s third.

Mount capped off a sensational cameo with an outrageous second goal in the dying minutes — a long-range effort from near the halfway line after a poor clearance from Athletic keeper Julen Agirrezabala left his goal exposed.

With the win, United not only reach the Europa League final but also keep their season alive. Lifting the trophy would secure a Champions League berth — a vital boost for Amorim’s rebuilding plans and the club’s ability to attract top talent this summer.

The final against Tottenham is set for May 21 in Bilbao — a mouthwatering all-English showdown with high stakes and redemption on the line.

Meet Robert Prevost, First American Pope

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Robert Prevost has become the 267th pope, the first time in 2,000 years that an American has been appointed to lead the Catholic church.

Chicago-born Prevost has chosen to be known as Leo XIV. As Bishop of Chicago, the 69-year-old oversaw the largest Archdiocese in North America.

Prior to his election, many observers had questioned him as a candidate, due to his relative young age and inexperience. Some speculated that cardinals would also wish to select a European, following 12 years of tenure by Pope Francis – an Argentinian.

But who is Robert Prevost the 267th pope?

Who is Robert Prevost

Cardinal Robert Francis Prevost, O.S.A., Prefect of the Dicastery for Bishops, Archbishop-Bishop emeritus of Chiclayo, was born on 14 September 1955 in Chicago (Illinois, United States). IN 1977 he entered the novitiate of the Order of Saint Augustine (O.S.A.) in the province of Our Lady of Good Counsel, in Saint Louis. On 29 August 1981 he gave his solemn vows. He studied at the Catholic Theological Union of Chicago, receiving a diploma in theology.

At the age of 27 he was sent by the Order to Rome to study canon law at the Pontifical Saint Thomas Aquinas University (Angelicum). He received priestly ordination on 19 June 1982. He received his licentiate in 1984, and was then sent to work in the mission of Chulucanas, in Piura, Peru (1985-1986).

Prevost Education And Journey To Pope

In 1987 he was awarded a doctorate with the thesis: “The role of the local prior in the Order of Saint Augustine”. In the same year he was elected director of vocations and director of the missions of the Augustinian province of “Mother of Good Counsel” of Olympia Fields, Illinois, United States of America.

In 1988 he was sent to the mission of Trujillo as director of the joint formation project for Augustinian aspirants in the Vicariates of Chulucanas, Iquitos and Apurímac. There he served as community prior (1988-1992), director of formation (1988-1998) and teacher of the professed (1992-1998). In the archdiocese of Trujillo he was judicial vicar (1989-1998), and professor of canon, patristic and moral law in the “San Carlos e San Marcelo” Major Seminary.

In 1999 he was elected provincial prior of the “Mother of Good Counsel” province, Chicago. After two and a half years, the ordinary general Chapter elected him prior general, a ministry again entrusted to him in the 2007 ordinary general Chapter. In October 2013 he returned to his province (Chicago) to serve as teacher of the professed and provincial vicar, roles he held 3 November 2014, when Pope Francis appointed him apostolic administrator of the diocese of Chiclayo, Peru, elevating him to the dignity of bishop and assigning him the titular diocese of Sufar.

On 7 November he took canonical possession of the diocese in the presence of the apostolic nuncio James Patrick Green; he was ordained a bishop on 12 December, Feast of Our Lady of Guadalupe, in the cathedral of his diocese. He served as bishop of Chiclayo from 26 November 2015. In March 2018 he became second vice president of the Peruvian Episcopal Conference. Pope Francis appointed him a member of the Congregation for the Clergy in 2019, and member of the Congregation for Bishops in 2020.

On 15 April 2020, the Pope appointed him apostolic administrator of the diocese of Callao.

On 30 January 2023 Pope Francis appointed Cardinal Prevost as prefect of the Dicastery for Bishops and presidet of the Pontifical Commission for Latin America.

Created and proclaimed Cardinal by Pope Francis in the Consistory of 30 September 2023, of the Deaconry of Santa Monica.

Prevost Membership Before Elected Pope

New Pope Prevost was a member of the Dicasteries for: Evangelization, Section for first evangelization and the new particular Churches; the Doctrine of the Faith; the Eastern Churches; the Clergy; the Institutes of Consecrated Life and the Societies of Apostolic Life; Culture and Education; Legislative Texts;

Breaking: Robert Prevost Becomes The First American Pope

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In a landmark moment for the Catholic Church, Cardinal Robert Francis Prevost has been elected as the 267th pope, making history as the first American to hold the papacy.

His election, announced by the symbolic white smoke rising from the Sistine Chapel on the second day of the conclave, ushers in a new era as he takes the name Pope Leo XIV.

At 69 years old, Prevost brings extensive global experience to the role. A native of Chicago, Illinois, he previously led the Vatican’s office overseeing bishop appointments—a key position that placed him at the heart of the Church’s ongoing reforms under Pope Francis.

Prevost is also known for his missionary work, having served for over a decade in Trujillo, Peru, and later as Bishop of Chiclayo from 2014 to 2023. His deep roots in Latin America and his passion for evangelization are expected to shape his global vision for the Church.

As he prepares to greet the faithful from the balcony of St. Peter’s Basilica, Pope Leo XIV is seen as a bridge between tradition and modernity, tasked with guiding the Church’s 1.4 billion members through contemporary global challenges while upholding its spiritual heritage.

White Smoke Rises as Cardinals Elect New Pope at the Vatican

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A new chapter in Catholic Church history has begun as white smoke rose from the Sistine Chapel chimney on Wednesday, signaling the successful election of a new pope by the College of Cardinals.

The momentous announcement followed several days of closed-door deliberations within the Vatican, where 133 cardinal-electors gathered in conclave to choose the successor to Pope Francis.

While the identity of the newly elected pope remains undisclosed, Vatican tradition dictates that he will soon step onto the central balcony of St. Peter’s Basilica to give his first public blessing and be officially introduced to the world.

“White smoke! The 133 Cardinal electors gathered in the Vatican’s Sistine Chapel have elected the new Pope. He will appear soon at the central window of St. Peter’s Basilica,” the Vatican News tweeted.

This papal election comes shortly after the death of Pope Francis on Easter Monday, April 21, 2025, at the age of 88. He passed away at his residence in Casa Santa Marta after a prolonged illness.

Pope Francis’ funeral mass took place on Saturday, April 26, in St. Peter’s Square, after which he was buried at Santa Maria Maggiore Basilica in Rome, fulfilling his personal wish to rest outside the Vatican grounds.

As crowds of the faithful gather in St. Peter’s Square, united in hope and prayer, the world awaits the official unveiling of the next spiritual leader of the Roman Catholic Church—an event set to shape the Church’s future in the years to come.

Why IMF Cleared Nigeria’s Debt

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In a significant development, Nigeria has successfully cleared the principal of its $3.4 billion loan from the International Monetary Fund (IMF), leading to its removal from the IMF’s list of debtor countries as of May 6, 2025 . This achievement marks a pivotal moment in Nigeria’s economic history, reflecting the government’s commitment to fiscal responsibility and economic reform.

Understanding the IMF Debt Clearance

The IMF’s debt clearance signifies that Nigeria has fully repaid the principal amount of the loan it received under the Rapid Financing Instrument (RFI) in April 2020, which was aimed at mitigating the economic impact of the COVID-19 pandemic . While the principal has been cleared, Nigeria still has obligations related to interest and service charges, amounting to approximately SDR (Special Drawing Rights) 125.99 million (about ₦274.66 billion), which are scheduled to be paid annually until 2029 .

Why Was Nigeria’s Debt Cleared?

Several factors contributed to Nigeria’s ability to clear its IMF debt:

  • Consistent Repayment Strategy: Between March 2023 and March 2025, Nigeria reduced its outstanding IMF debt by 87.5%, demonstrating a consistent and disciplined repayment approach.
  • Economic Reforms: Under President Bola Tinubu’s administration, Nigeria implemented significant economic reforms, including subsidy removals and exchange rate unification, which improved fiscal discipline and economic management .
  • Improved Revenue Collection: Efforts to enhance revenue collection and reduce public waste contributed to the country’s ability to meet its debt obligations.

What It Means for Nigeria’s Economy

Clearing the IMF debt has several positive implications for Nigeria’s economy:

  • Enhanced Fiscal Space: With the principal debt cleared, Nigeria now has more fiscal space to allocate resources to critical sectors such as infrastructure, healthcare, and education.
  • Improved Creditworthiness: This development enhances Nigeria’s credit profile, potentially leading to better terms in future borrowing and increased investor confidence.
  • Currency Stabilization: The reduction in external debt obligations may contribute to stabilizing the naira and controlling inflation.

Impact on Citizens

For the Nigerian populace, the debt clearance could translate into:

  • Improved Public Services: With more funds available, the government can invest in public services, leading to better infrastructure, healthcare, and education.
  • Economic Growth: Enhanced investor confidence and fiscal stability can stimulate economic growth, potentially leading to job creation and improved living standards.

Remaining Obligations and Risks

Despite clearing the principal debt, Nigeria still faces certain obligations and risks:

  • Interest and Service Charges: The country is obligated to pay annual interest and service charges until 2029, totaling approximately SDR 125.99 million.
  • Exchange Rate Risks: Fluctuations in the exchange rate could affect the naira equivalent of the remaining payments, potentially increasing the financial burden.
  • Need for Continued Reforms: Sustaining economic reforms and maintaining fiscal discipline are crucial to prevent future debt accumulation.

Regional and Global Significance

Nigeria’s successful debt clearance sets a positive precedent for other developing nations facing similar challenges. It demonstrates that with consistent policy implementation and fiscal discipline, countries can overcome debt burdens and achieve economic stability.

Nigeria’s clearance of its IMF debt principal marks a significant milestone in its economic journey. While challenges remain, particularly concerning interest payments and the need for ongoing reforms, this achievement reflects the country’s commitment to fiscal responsibility and economic growth. The focus now shifts to leveraging this fiscal space to drive sustainable development and improve the livelihoods of its citizens.

UK to Secure First Post-Tariff Trade Deal with U.S.

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The United Kingdom is set to become the first nation to strike a trade agreement with the United States aimed at reducing tariffs imposed during the Trump administration’s global trade war. The deal, expected to be officially announced on Thursday, will primarily lower U.S. tariffs on British steel and automobiles.

Former U.S. President Donald Trump, in posts on Truth Social, revealed that he would host a press conference at 10 a.m. EDT in the Oval Office to unveil what he described as a “full and comprehensive” trade pact with Britain. British Prime Minister Keir Starmer is also scheduled to provide an update on the agreement, which is anticipated to be limited in scope but symbolically significant.

“Because of our long-time history and allegiance together, it is a great honor to have the United Kingdom as our FIRST announcement,” Trump said, noting that more trade deals were in progress.

The agreement comes as investors and international observers push the U.S. to resolve tariff disputes that have disrupted global supply chains and fueled inflation risks. Since April 2, Trump’s 10% baseline tariff on imports from most countries—alongside elevated rates on China, Canada, Mexico, and others—has drawn international scrutiny.

While the U.S. has levied 25% tariffs on steel, aluminum, and autos, it also imposed a staggering 145% tariff on Chinese imports, with further negotiations scheduled between U.S. and Chinese officials in Switzerland this Saturday.

The UK’s luxury carmakers have borne the brunt of these tariffs. Jaguar Land Rover temporarily paused U.S. exports to reassess its supply strategy, while Aston Martin opted to pass on some costs to customers, leading to an 8% surge in its shares.

According to British officials, the deal will likely include reduced tariffs on a specific volume of steel and auto exports. In exchange, Britain is expected to remove its digital services tax—a 2% levy on revenue from online platforms, which has impacted major U.S. tech firms.

Despite maintaining EU-aligned food safety standards post-Brexit, UK officials noted that some American producers already meet these requirements, potentially paving the way for limited U.S. agricultural imports.

Prime Minister Starmer, elected in July, is strategically navigating Britain’s post-Brexit trade landscape—balancing ties with the U.S., EU, and China. Domestically, his government faces mounting political pressure, with public discontent over tax hikes and reduced energy bill support. Eliminating the digital services tax, which is projected to generate £800 million ($1.1 billion) in 2024, may spark political backlash.

The broader economic impact of the U.S.-UK tariff deal is expected to be modest in the short term. However, analysts see long-term gains, especially when combined with Britain’s other recent trade agreements, including one with India.

“Deals with the U.S., India, and others will be crucial to the UK’s long-term economic health, but don’t expect overnight results,” a FTSE 100 CEO noted.

Economists like JPMorgan’s Allan Monks added that the benefits of the agreement could remain limited unless the broader 10% baseline tariffs are rolled back.

“With balanced trade and no looming threats of retaliation, the UK may have little leverage left to expand this agreement further,” Monks observed.

This development marks a pivotal step in reestablishing transatlantic trade relations and could set the tone for future global tariff negotiations.

Asian Markets Climb Amid Renewed Hopes for US-China Trade Deal

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Asian stock markets advanced on Thursday as investors grew optimistic about easing trade tensions between the United States and China ahead of high-level negotiations scheduled for the weekend. The rally followed U.S. President Donald Trump’s announcement of an impending “major trade deal,” fueling market speculation and boosting investor sentiment.

Recent calm in global markets has been supported by the hope that Washington will resolve disputes with key trading partners, avoiding further escalation of tariffs that could harm the global economy. This sentiment gained further traction after U.S. and Chinese officials confirmed that top-level talks would take place on Saturday and Sunday in Switzerland. Key attendees include U.S. Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeng.

The talks come on the heels of aggressive tariff measures, with the U.S. imposing 145% duties on Chinese goods and China responding with 125% levies of its own. The upcoming meeting is widely seen as a critical opportunity to de-escalate tensions between the world’s two largest economies.

In a separate development, Trump teased a major trade agreement with an unnamed “large, highly respected country,” prompting speculation across trading floors. Reports from the New York Times suggest the country may be the United Kingdom, as the British pound strengthened against the U.S. dollar during early Asian trading.

Positive momentum from Wall Street carried into Asia, with major markets posting gains:

  • Tokyo (Nikkei 225): +0.2% at 36,863.15
  • Hong Kong (Hang Seng): +0.9% at 22,895.17
  • Shanghai (Composite Index): +0.1% at 3,345.57
  • Other gainers: Sydney, Seoul, Wellington, Taipei, Manila, and Jakarta

Despite the market upswing, concerns remain over the broader implications of the U.S. administration’s trade policies. Federal Reserve Chair Jerome Powell warned that prolonged tariff increases could lead to inflation, slower economic growth, and higher unemployment. The Fed maintained its interest rate position, citing increasing uncertainty in the economic outlook.

Powell emphasized that “a great deal of uncertainty” surrounds trade policy and said any significant policy shift—such as a rate cut—would require clear signs of economic weakness. Analysts believe the Fed is unlikely to act until July, as current job market data suggests stable momentum.

Key Currency and Commodity Movements at 02:30 GMT:

  • Euro/Dollar: $1.1317 (up from $1.1301)
  • Pound/Dollar: $1.3347 (up from $1.3286)
  • Dollar/Yen: 143.70 yen (down from 143.89 yen)
  • West Texas Intermediate Crude: +0.3% at $58.26/barrel
  • Brent Crude: +0.3% at $61.27/barrel

Major Global Indexes:

  • New York – Dow Jones: +0.7% at 41,113.97
  • London – FTSE 100: -0.4% at 8,559.33

Investors now turn their focus to the upcoming trade talks and Trump’s promised announcement, both of which could set the tone for global markets in the days ahead.

Senate Passes Tax Reform Bills, Retains 7.5% VAT

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The Nigerian Senate has passed two key tax reform bills proposed by President Bola Tinubu, marking a major milestone in efforts to restructure the country’s tax administration and fiscal policies.

The approved bills—Nigeria Revenue Service (Establishment) Bill and the Nigeria Tax Administration Bill—were passed on Wednesday, May 7, 2025, after extensive debates and scrutiny. Crucially, the Senate chose to retain the Value Added Tax (VAT) rate at 7.5%, rejecting proposals for a gradual increase to 15% by 2030.

The two remaining tax reform bills—the Nigerian Tax Bill and the Revenue Tax Board Bill—are scheduled for deliberation on Thursday, May 8.

Led by Senator Sani Musa, the Senate Committee on Finance played a pivotal role in refining the bills, incorporating stakeholder feedback to address widespread concerns. Senate President Godswill Akpabio commended the collaborative efforts, highlighting that the reforms reflect broad national consensus.

“These tax laws will optimize revenue collection and benefit all Nigerians, not just a select few,” Akpabio emphasized, dismissing claims of regional bias.

One of the notable components of the reform is the restructuring of the Federal Inland Revenue Service (FIRS) into the Nigeria Revenue Service, granting it broader powers to enhance tax compliance and streamline collection processes.

Additionally, the Senate approved a new VAT revenue-sharing formula:

  • 55% to states
  • 35% to local governments
  • 10% to the federal government

This change aims to deepen fiscal decentralization and give sub-national governments greater control over revenue use.

In a move to protect vulnerable citizens, the reforms exempt essential goods and services—such as food, education, healthcare, and public transportation—from VAT. Businesses are also expected to benefit from VAT credits on assets and production costs, potentially reducing operating expenses and consumer prices by up to 7.5%.

The Presidential Committee on Fiscal Policy and Tax Reforms applauded the Senate’s action, stating that the new framework will simplify Nigeria’s tax system, improve compliance, and foster economic growth by boosting household income and reducing cost-of-living pressures.

However, not all reactions have been positive. While organizations like NACCIMA are withholding comments pending further clarification on the implementation framework, civil society groups and religious bodies have raised concerns.

The Nigerian Supreme Council for Islamic Affairs has requested adjustments to align the reforms with Shariah principles, while critics such as the Movement for Socialist Alternative argue that the bills still favor the wealthy through selective tax exemptions, missing an opportunity to address deep-seated inequality.

As the Senate prepares to consider the final two bills and align them with the House of Representatives’ versions, all eyes are on President Tinubu, whose assent will determine whether these reforms become law.

If signed, the legislation could reshape Nigeria’s tax landscape, improve revenue distribution, and position the country for long-term economic recovery amid current challenges like inflation and fiscal deficits.

2025 UEFA Champions League Final: PSG vs. Inter Milan

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The 2025 UEFA Champions League final promises to be a captivating spectacle as Italian heavyweights Inter Milan square off against French champions Paris Saint-Germain (PSG) in Munich. This clash of two European giants marks the first competitive meeting between these sides, setting the stage for an enthralling battle of tactical wits and individual brilliance.

Team Analysis

Inter Milan

The reigning Serie A champions have crafted a balanced and experienced squad that blends defensive solidity with attacking flair. Central to their success is striker Lautaro Martinez, who has netted nine goals in this year’s Champions League campaign. His sharp movement and finishing ability will be pivotal against PSG’s high defensive line.

In defense, Inter relies on the calm presence of Alessandro Bastoni and the veteran leadership of goalkeeper Yann Sommer. Meanwhile, the attacking versatility of Nicolo Barella and the marauding runs of Federico Dimarco offer Inter multiple routes to unlock PSG’s defense.

Key Strengths:

  • Defensive organization anchored by Bastoni and Sommer.
  • Clinical finishing from Lautaro Martinez.
  • Midfield dynamism led by Barella and Dimarco.

Paris Saint-Germain (PSG)

PSG, underpinned by a new wave of youthful energy, has been dynamic and aggressive throughout the tournament. Young stars like Warren Zaire-Emery and Ousmane Dembele bring pace and unpredictability, while Fabian Ruiz has been a crucial box-to-box link, orchestrating play and helping PSG sustain pressure in the midfield.

PSG’s pressing style and midfield intensity will be key weapons, aiming to disrupt Inter’s buildup play and exploit transitions. However, their conversion in the final third has at times let them down—a factor they must rectify to stand a chance in Munich.

Key Strengths:

  • Energetic pressing and quick transitions.
  • Midfield control led by Ruiz and Zaire-Emery.
  • Pace on the flanks with Dembele.

Who’s Favored?

Inter Milan enters the final as the slight favorite. Their experience in major finals and cohesive tactical structure give them an edge in a high-stakes encounter. They’ve proven themselves capable of grinding out results and seizing key moments in big games—a trait that could prove decisive.

However, PSG’s youthful exuberance and technical quality can’t be underestimated. If they can improve their finishing efficiency and maintain their pressing game, they have the tools to cause an upset.

Key Challenges for PSG

  • Efficiency in front of goal: PSG must convert their chances to trouble Inter’s disciplined defense.
  • Breaking down Inter’s defensive block: Inter’s defensive setup is notoriously hard to breach, so PSG must remain patient and precise.
  • Keeping composure in transitions: Inter’s counters are lethal, and any slip in PSG’s pressing can be punished swiftly.

This final promises to be a tactical chess match between PSG’s energetic pressing and Inter Milan’s balanced, versatile play. Inter’s experience and defensive resilience make them the favorites, but PSG’s youthful flair and midfield power could tilt the scales in their favor if they can rise to the occasion.

Black Smoke Persists: No Pope Elected in Vatican Conclave

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The Vatican conclave to elect a successor to Pope Francis, who passed away on April 21, 2025, officially began on Wednesday, May 7, but has yet to yield a new pontiff.

At 9:00 p.m. local time (3:00 p.m. EDT) on Wednesday, black smoke emerged from the chimney of the Sistine Chapel, signifying that no candidate among the 133 cardinal electors secured the required two-thirds majority (89 votes).

Earlier that day, the conclave was preceded by a solemn Mass led by Cardinal Giovanni Battista Re, who called for the election of a pope capable of renewing faith and hope. The cardinals entered the Sistine Chapel at 4:15 p.m., taking oaths before the chapel was sealed for voting.

The first vote, traditionally inconclusive, confirmed expectations with black smoke. Yet, the 45,000 faithful gathered in St. Peter’s Square remained hopeful.

On Thursday morning, two additional ballots also failed to elect a pope. At 11:50 a.m., black smoke again poured from the chapel chimney. Voting is set to continue at 4:00 p.m., with more smoke expected at 5:30 p.m. or 7:00 p.m. local time. Approximately 15,000 people continue to gather, watching for the moment when white smoke signals the birth of a new papacy.

This conclave’s voting pace is consistent with previous elections: Pope Francis was chosen after five ballots in 2013, Benedict XVI after four in 2005, and John Paul II after eight in 1978.

Among the leading candidates are Cardinal Pietro Parolin and Cardinal Luis Antonio Tagle, though the diversity of the electors—representing 70 nations—adds to the unpredictability.

The world now awaits the historic “Habemus Papam” announcement, as the conclave continues its solemn duty beneath the iconic frescoes of Michelangelo, with the hopes and prayers of over a billion Catholics resting on the outcome.