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Iran war pushes Asia’s Gulf migrants to use stablecoins for remittances
NEWS
5/13/2026

Iran war pushes Asia’s Gulf migrants to use stablecoins for remittances

Asian migrant workers in the Gulf are testing stablecoins as a backup channel for sending money home, as the Iran war heightens fears that the risk of US sanctions could disrupt remittances that millions of families and several Asian economies rely on. Remittances from these workers account for 3 per cent to 5 per cent of gross domestic product in several emerging markets – in Nepal, it is as high as 10 per cent, according to data from the Global Settlement Network. Concerns over remittance...

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SCMP Economy
Aston Villa frustrated by Zian Flemming strike as Burnley rally for rare point
Sports
5/10/2026

Aston Villa frustrated by Zian Flemming strike as Burnley rally for rare point

It was always going to be difficult to follow up the high of booking a Europa League final place for Aston Villa but this draw at Burnley fell even below those expectations. This was supposed to be the day Villa all-but-secured Champions League football by beating an already-relegated team only for them to fluff their lines at Turf Moor.Villa are four points clear of sixth-placed Bournemouth with two games remaining but this felt like a missed opportunity, even if they do have the backup of facing Freiburg in Istanbul for a place at Europe’s top table. Jaidon Anthony and Zian Flemming sandwiched goals from Ross Barkley and Ollie Watkins, ensuring Villa cannot afford to completely rest for the remainder of the domestic season. Continue reading...

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Guardian Sport
Broken bodies everywhere: are injuries about to be declared winners of the NBA playoffs?
Sports
5/4/2026

Broken bodies everywhere: are injuries about to be declared winners of the NBA playoffs?

A host of stars have gone down with injuries this postseason. For as long as the league resists change, its players will pay the priceShould we just cancel the rest of the NBA playoffs and declare injuries the winner? They’ve already dominated this postseason far more than a team possibly could. The Oklahoma City Thunder are playing without their second-best player, Jalen Williams, after what feels like his 10th hamstring injury. In the series against the Denver Nuggets, the Minnesota Timberwolves’ Donte DiVincenzo tore his achilles, and Anthony Edwards gruesomely hyperextended his knee. Wolves’ backup Ayo Dosunmu put up a heroic 43 points in Game 4, then returned to the bench two games later to nurse an injured calf. The Nuggets lost Aaron Gordon to a calf strain midway through the series and played entirely without Peyton Watson, who was sidelined by a hamstring strain.Jayson Tatum’s record-quick comeback from an achilles tear was the feelgood story of the season, at least until he hurt his leg, which ruled him out of a vital Game 7 that his Boston Celtics lost to the Philadelphia 76ers. The Los Angeles Lakers’ starting rotation lacks Luka Dončić until further notice and played four of six games against the Houston Rockets without another of their stars, Austin Reaves. The Rockets’ Kevin Durant played 78 of 82 regular season games, then missed every game of the Lakers series but one thanks to a bad knee and a bone bruise in his ankle. We of course had to save the most ridiculous injury for last: Victor Wembanyama was knocked out by the court itself after tripping on a drive and whacking his jaw on the hardwood. (He missed all of one game and wishes he could have missed zero.) Perhaps it was an omen. Continue reading...

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Guardian Sport