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  • Iran offers Hormuz deal without nuclear talks, as it seeks broader buy-in

    Iran offers Hormuz deal without nuclear talks, as it seeks broader buy-in

    Islamabad, Pakistan – Iranian Foreign Minister Abbas Araghchi has discussed with regional interlocutors a proposal aimed at reopening the Strait of Hormuz but deferring talks with the US on Tehran’s nuclear programme for later, during a 72-hour diplomatic sprint across three countries seemingly aimed at securing a broader buy-in for the plan.

    Araghchi on Monday met with Russian President Vladimir Putin in St Petersburg, after visiting Islamabad twice in two days – the two trips sandwiching a meeting in Muscat, Oman. Sources close to these diplomatic efforts told Al Jazeera that senior intelligence officials from several countries were present at the Muscat talks.

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    Discussions in Muscat focused on the Strait of Hormuz, regional security guarantees, and the framework for a potential settlement, with nuclear-related issues set aside for a later stage.

    Iran officially submitted its latest proposal to end the war with the US to Pakistan, which is transmitting messages between Tehran and Washington after direct talks on April 11 in Islamabad failed to deliver a breakthrough.

    The White House has not confirmed the contents of the Iranian proposal, also reported by the Associated Press. Spokeswoman Olivia Wales said the US “will not negotiate through the press” and would “only make a deal that puts the American people first, never allowing Iran to have a nuclear weapon”.

    But it is unclear whether US President Donald Trump will accept the Iranian proposal to push back nuclear negotiations. Speaking to Fox News on Sunday, Trump said Iran already knew what was required.

    “They cannot have a nuclear weapon. Otherwise, there’s no reason to meet,” he said, adding that Tehran was welcome to reach out. “You know there is a telephone. We have nice, secure lines.”

    The latest diplomatic efforts are unfolding against a ticking clock.

    Under the 1973 War Powers Resolution, Trump faces a May 1 deadline to obtain congressional authorisation to continue military operations against Iran, now in their ninth week. A fourth bipartisan Senate bid to invoke the resolution was defeated 52-47 on April 15. Republican lawmakers have largely backed Trump so far, but several have said that support will not extend beyond the 60-day window without formal congressional approval.

    Pakistan at the centre

    During the first of his two visits to Islamabad, Araghchi on Monday met Pakistan’s Prime Minister Shehbaz Sharif, Deputy Prime Minister and Foreign Minister Ishaq Dar, and Army Chief Field Marshal Asim Munir.

    He then travelled to Muscat, and returned to Pakistan on Sunday, meeting Munir again before departing for Moscow.

    Araghchi said in a message on social media after his departure that Pakistan had “played an important role in mediating negotiations between Iran and the United States recently”, adding that “incorrect approaches and excessive demands of the United States” had prevented the previous round of talks from achieving its objectives despite “some progress”.

    Senior Pakistani officials familiar with the discussions said Islamabad would continue its efforts as an honest facilitator.

    Iranian state media, however, struck a firmer tone.

    The Fars News Agency, close to Iran’s Islamic Revolutionary Guard Corps (IRGC), said Araghchi had relayed messages through Pakistan outlining Tehran’s red lines on nuclear issues and the Strait of Hormuz. These, it said, were “an initiative by Iran to clarify the regional situation”.

    Aizaz Chaudhry, a former Pakistani foreign minister, said the conduct of the talks had been notable in itself.

    “I have seen a commendable display of confidentiality. This is a disciplined and professional method to conduct these talks,” he told Al Jazeera.

    A widening circle

    Beyond visits to Pakistan, Oman and Russia, Araghchi held telephone calls with the foreign ministers of Qatar, Saudi Arabia, Egypt and France over the past three days.

    Iranian Foreign Minister Abbas Araghchi meets with Omani Foreign Minister Sayyid Badr Albusaidi, in Muscat
    Iranian Foreign Minister Abbas Araghchi meets with Omani Foreign Minister Badr Albusaidi in Muscat, Oman on April 12, 2025 [Handout/Iranian Ministry of Foreign Affairs via Reuters]

    Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani spoke directly with Araghchi, warning that sea lanes must not become “a bargaining chip or pressure tactic”.

    Saudi Foreign Minister Prince Faisal bin Farhan Al Saud was briefed on “developments related to the ceasefire”. Egypt’s Foreign Minister Badr Abdelatty spoke with both his Qatari and Iranian counterparts. France’s Jean-Noel Barrot insisted that Europe had played a “constructive role” in the crisis.

    After the meeting in Muscat, Oman’s Foreign Minister Badr Albusaidi called for “practical solutions to ensure lasting freedom of navigation”.

    Dania Thafer, executive director of the Gulf International Forum, said the flurry of calls pointed to cautious engagement rather than strategic realignment.

    “Although Iranian leadership did not physically visit Qatar or Saudi Arabia, there were phone calls, and that indicates a willingness to maintain contact without a full diplomatic embrace,” she told Al Jazeera.

    Prior to the fragile ceasefire currently in place, Iran had fired a daily barrage of missiles and drones at Saudi Arabia, Qatar and other Gulf countries, angering them. Still, Qatar, Oman and Saudi Arabia have indicated a desire to pursue diplomacy over retaliation – if Iran commits to not attacking them again.

    At the same time, the closure of the Strait of Hormuz has effectively choked a bulk of their energy exports.

    “Among regional players, the most emphasised topic by far is the Strait of Hormuz and maritime security,” said Thafer.

    Reza Afzal, an Iranian journalist and political analyst, said the Gulf states’ posture had shifted since 2015.

    “Countries that had opposed the nuclear deal [JCPOA] at the time now understand that a guaranteed agreement with Iran served their interests, particularly after Iranian military actions during the war highlighted the costs of sustained hostility,” he told Al Jazeera.

    Chaudhry, the former Pakistani diplomat, said the current conversations extended beyond any single issue.

    “This is not just necessarily about nuclear issues, but mainly about how this war will eventually end and what happens after that, what security architecture we can expect. These are the conversations everybody is having,” he told Al Jazeera.

    Russia’s quiet presence

    Iran’s ambassador to Russia, Kazem Jalali, confirmed Araghchi’s Moscow visit would cover “the latest status of negotiations, the ceasefire and surrounding developments”.

    Russian President Vladimir Putin, left, greets Ambassador of Iran to Russia Kazem Jalali, right, and Iranian Foreign Minister Abbas Araghchi, center, prior to their talks at the Kremlin in Moscow, Russia, Monday, June 23, 2025.
    Russian President Vladimir Putin, left, greets Ambassador of Iran to Russia Kazem Jalali, right, and Iranian Foreign Minister Abbas Araghchi, centre, prior to their talks at the Kremlin in Moscow, Russia, June 23, 2025 [Alexander Kazakov/Sputnik/Kremlin Pool Photo via AP Photo]

    Iranian President Masoud Pezeshkian has spoken with Putin three times since the war began. Jalali described the trip in ideological terms, positioning Iran and Russia as standing in a “united front” against what he called “the world’s totalitarian forces”.

    Taimur Khan, a research associate at the Institute of Strategic Studies Islamabad, said Russia brought three key assets, from Iran’s perspective: a long-standing strategic relationship with Tehran, a veto on the United Nations Security Council, and a technical role in the original nuclear deal.

    “Moscow cannot guarantee US sanctions relief, nor can it substitute for direct US-Iran understandings. Its value is more as a diplomatic stabiliser, technical facilitator and geopolitical counterweight,” Khan told Al Jazeera.

    Tehran-based analyst Javad Heiran-Nia said the Moscow visit also appeared to address more specific concerns alongside the broader diplomacy.

    “The trip was likely linked to questions around Iran’s enriched uranium stockpiles and military cooperation between Tehran and Moscow,” the analyst said. Russia has offered to take over Iran’s enriched uranium.

    The JCPOA lesson

    Behind Araghchi’s outreach lies a structural lesson that analysts say Tehran has drawn from the collapse of the 2015 nuclear deal.

    When Trump withdrew from the Joint Comprehensive Plan of Action (JCPOA) during his first term in 2018, Iran was left without regional backing and without a guarantor capable of holding Washington to its commitments.

    Khan said Tehran had drawn lessons from that experience.

    “European states, who were part of the JCPOA negotiations, also cannot be reliably depended upon in times of crisis,” he said. “FM Araghchi’s outreach appears to be part of a hedging strategy to build diplomatic insulation, reassure neighbours, and create a wider constituency against escalation.”

    Jauhar Saleem, a former ambassador and president of the Institute of Regional Studies in Islamabad, said Iran’s calculation was also tactical.

    “Ideally, Iran would not want a deal vulnerable to the US election cycle,” he told Al Jazeera.

    Tehran, he said, appeared to be playing a longer game. “This strategy also fits well with Iran’s waiting game tactic in the face of what they perceive as US desperation for a quick exit.”

    Heiran-Nia offered a contrasting historical perspective. Unlike during the original negotiations, he said, Gulf Arab states had supported diplomacy even before the 12-day war in 2025.

    “Even at the time of the JCPOA’s conclusion, the Gulf Arabs, especially Saudi Arabia, had shown serious opposition,” he told Al Jazeera.

    Mehran Kamrava, professor of government at Georgetown University in Qatar, said the current outreach should be seen as part of a longer trajectory of Iranian relationship-building with Gulf states in recent years.

    INTERACTIVE-Iran-nuclear-and-military-facilities-1749739103

    The gaps

    To be sure, Iran’s outreach only matters if the US agrees to a deal, analysts point out.

    Trump cancelled a planned Islamabad visit by envoys Steve Witkoff and Jared Kushner on Saturday, saying Iran had “offered a lot, but not enough”.

    He also said China could “help a lot more” on Iran. Trump is scheduled to meet President Xi Jinping in Beijing on May 14-15.

    Thafer said a broader accommodation remained distant.

    “What Iran is asking for goes well beyond a deal on the strait. It is asking for full regional realignment, and that is something the Gulf states are unwilling to offer, particularly after these attacks,” she told Al Jazeera.

    Afzal, the journalist, said the domestic Iranian dimension on Hormuz was often underestimated. Public opinion inside Iran, he said, opposed any reopening of the strait without tangible concessions. “Tehran would continue to use the strait as leverage until Washington agreed to compromise,” he told Al Jazeera.

    Several deadlines are now converging: the May 1 War Powers threshold, Trump’s China visit, and the approaching Hajj season.

    With millions of pilgrims expected in Saudi Arabia in late May, Riyadh’s diplomatic and logistical bandwidth will be constrained, making any escalation during that period particularly costly for a Gulf state that is both a key interlocutor and the custodian of Islam’s holiest sites.

    Senior Pakistani officials said that Islamabad remained ready to host another round of formal talks, but that substantive negotiations were likely to continue out of public view, with visible engagement reserved for when a deal is within reach.

    “They [the Gulf countries] are in a tight corner and may have to walk a tightrope, both strategically and diplomatically,” Saleem told Al Jazeera.

  • Canada’s Carney announces a sovereign wealth fund

    Canada’s Carney announces a sovereign wealth fund

    The prime minister says the federal government will put up money alongside private investors to fund major projects.

    Canadian Prime Minister Mark Carney says his government is developing a government-owned investment fund.

    Carney said on Monday that the fund, a first for the country, will invest in major Canadian industrial projects in areas such as energy, infrastructure, mining, agriculture and technology. It will begin at 25 billion Canadian dollars (US$18bn).

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    The prime minister said the federal government will put up funds alongside private investors. The money will help finance major projects that Carney’s government is focused on building as Canada seeks to diversify away from the United States.

    US President Donald Trump has threatened Canada’s economy and sovereignty with tariffs and claims that Canada could be “the 51st state” in the US.

    Carney is a former central banker in England and Canada as well as chairman of the board of directors for Bloomberg.

    “We take a lesson from other jurisdictions that had the foresight many decades ago to start sovereign wealth funds,” Carney said. “In some cases, they began with a domestic focus then outgrew the scale of the domestic focus.”

    Sovereign wealth funds invest in assets, such as stocks, bonds and real estate. They are typically funded by a country’s budgetary surpluses, which Canada currently does not have. The announcement came a day before Carney’s government announces its spring economic update.

    There are more than 90 sovereign wealth funds around the world. They manage more than $8 trillion in assets, according to the International Forum of Sovereign Wealth Funds, a London-based organisation made up of roughly 50 of these entities.

    Trump ordered the creation of a US sovereign wealth fund last year. In the US, more than 20 sovereign wealth funds exist at the state level, according to an analysis from the Center for Global Development, a Washington, DC-based nonpartisan think tank.

  • ‘The Voice’ Contestant Dylan Carter Dies at 24 in Car Accident

    ‘The Voice’ Contestant Dylan Carter Dies at 24 in Car Accident

    Dylan Carter, who appeared in Season 24 of the singing competition “The Voice,” died in a car accident in South Carolina on Saturday night. He was 24.

    “Our family is heartbroken to hear about the passing of Dylan Carter in a car accident,” wrote Thomas Hamilton Jr., the mayor of Moncks Corner, S.C. “As a gifted singer, he frequently entertained our community with his performances at Town events. His kindness and charm earned him immense respect, and his absence will be deeply felt. To the loved ones and acquaintances of Dylan, we offer our sincerest condolences during this difficult period. The Town of Moncks Corner, its Council, and entire staff extend their deepest sympathies. He was much more to our family than an entertainer he was our friend and we are deeply saddened.”

    During his blind audition on “The Voice,” Carter made the four judges, Reba McEntire, Niall Horan, John Legend and Gwen Stefani, all turn their chairs around. He sang Whitney Houston’s “I Look to You” in tribute to his mother, who had died a year earlier. Carter joined McEntire’s team and was later eliminated in Episode 12 after singing country artist Cody Johnson’s song “Til You Can’t.”

    Carter also co-founded a non-profit in his community called The Local Voice, which aided women fighting breast cancer. He performed at fundraising events for the charity.

    “With heavy hearts we share the passing of Dylan Carter, co-founder of The Local Voice, talented musician, and someone who meant so much to our community,” the non-profit wrote on Facebook. “Dylan was the heart of what we do. He believed every voice matters and lived that every day. Through his music, his kindness, and his smile, he brought people together and made everyone feel seen. A proud Lowcountry native, Dylan also owned Sunny Days RV & Campground and worked as a realtor, always helping others find a place to belong. We are heartbroken, but find comfort knowing he is in heaven with his mother. We are so grateful for Dylan, for the love he gave this community, and for the impact he leaves behind. We will carry his light forward and continue this mission in his honor. Please keep his family in your prayers in the coming weeks as they navigate this tremendous loss.”

  • Shayndi Raice Will Take Foreign Editor Role at CBS News

    Shayndi Raice Will Take Foreign Editor Role at CBS News

    Shayndi Raice, a longtime reporter and editorial executive at The Wall Street Journal, is expected to be named foreign editor at CBS News, according to two people familiar with the matter.

    A CBS News spokesperson declined to comment. But in a memo that circulated Monday, CBS News President Tom Cibrowski informed staffers that Claire Day, the executive who oversees the Paramount unit’s London bureau, was leaving. Raice is expected to be based in London.

    “Our London Bureau will be moving to a new editorial leadership structure, with the introduction of a Foreign Editor role overseeing all international coverage,” Cibrowski wrote. “As part of this transition, it has been mutually agreed that Claire Day will leave us on May 1st.”

    Raice currently servs as deputy bureau chief for the Middle East and North Africa for the Journal and is based in Israel. She helps manage a team of reporters spread throughout the greater Middle East while also doing her own does her own reporting. She joined Journal as a telecom reporter in 2010 after an internship at Dow Jones Newswires, and also has reported from Chicago and London and reported on finance and technology.

    Bari Weiss, editor in chief at CBS News, is known to have a special interest in Israeli and Middle East affairs, and her selection of Raice to supervise all foreign coverage would suggest that focus will continue. Weiss has also been working to overhaul CBS News, which has gone through rounds of layoffs since its parent company was acquired by David Ellison’s Skydance.

    “Since joining CBS News in 2002, Claire has been integral to our coverage of virtually every major international news event of our time, from war zones around the world to important leadership changes across the globe and of course, royal weddings,” Cibrowski said in his memo. “Throughout, she’s been dedicated to the craft of storytelling.  She’s also relentlessly focused on the safety and well-being of our people in the field and has been a fierce supporter of the team always.  Claire has been an advocate for courageous stories, an expert at complicated logistics and a wonderful partner to teams across the entire news division.  Her work made a difference for CBS News.”

  • European Union (EU) Tightens Sanctions on Russia: Complete Ban on Cryptocurrencies!

    European Union (EU) Tightens Sanctions on Russia: Complete Ban on Cryptocurrencies!

    Russia faced very harsh sanctions after invading Ukraine. The European Union was one of those imposing sanctions on Russia, and with its latest decision, the EU has tightened sanctions against Russia.

    The European Union has imposed the most comprehensive sanctions against Russia in two years, tightening its restrictions on cryptocurrencies.

    According to CoinDesk, the EU, in its 20th round of sanctions targeting Russia, significantly strengthened regulations on cryptocurrency-related activities and banned all crypto platforms.

    The EU has imposed a complete ban on crypto asset service providers (CASPs) and platforms in Russia, while also completely prohibiting the use of the digital ruble (CBDC) and the ruble-pegged stablecoin RUBx.

    This move comes amid growing concerns that Russia is increasingly using cryptocurrencies to circumvent existing sanctions.

    In this context, individuals and companies within the EU are also prohibited from trading with and providing services related to crypto assets and decentralized finance (DeFi) platforms in Russia and Belarus. Furthermore, they are prohibited from offering crypto-related services under the MiCA regulation.

    The institutions targeted by the sanctions include 20 Russian banks, four foreign financial institutions connected to the SPFS (Russian financial messaging system) payment network, and the Kyrgyzstan-based TengriCoin exchange.

    *This is not investment advice.

  • Cross-border B2B stablecoin payments to hit $5 trillion by 2035, says Juniper Research

    Cross-border B2B stablecoin payments to hit $5 trillion by 2035, says Juniper Research

    International stablecoin payments among businesses will total $5 trillion by 2035, fintech analysts Juniper Research said in a new report.

    That figure would be 373 times greater than the estimated total value of $13.4 this year.

    “Stablecoins are increasingly embedded in cross-border business-to-business (B2B) transactions, treasury operations, and supply chain settlements, where their programmability and 24/7 settlement finality offers advantages over correspondent banking rails,” the research firm said, adding they are “causing disruption to correspondent banking channels.”

    Juniper said the growth is driven by stablecoins increasingly addressing the current inefficiencies within cross-border payments that traditional finance handles.

    The firm estimates that 85% of the total stablecoin transaction value in 2035 will come from B2B, with the fiat-pegged cryptocurrencies shifting from a speculative asset to a foundational layer of institutional payment infrastructure.

    Stablecoins are increasingly integrated in international payments among businesses, treasury operations, and supply chain settlements, because their speedy 24/7 settlement finality offers advantages over correspondent banking rails, the firm said.

    “Stablecoins are not replacing payments infrastructure; they are being adopted where the advantages are most pronounced,” said Juniper Research Analyst Jawad Jahan. “Cross-border B2B is where those advantages are greatest, and where we expect the most sustained volume growth over the forecast period.”

    He suggested stablecoin issuers should focus on enterprise integrations and treasury partnerships to capture the majority of this value.

    Earlier this month, Chainalysis said stablecoins were on track to become a foundational layer of global finance, with adjusted transaction volumes projected to reach $719 trillion by 2035. The blockchain intelligence firm also said that when crypto becomes the default for the next generation, “the question is no longer if stablecoins compete with traditional rails, but how quickly they replace them.”

  • Inside New $28M Studio City Listing Developed by Doug Prochilo (Husband of Netflix’s Bela Bajaria)

    A real estate gem in Studio City, Calif. has just hit the market with some major Hollywood pedigree.

    The architectural compound, set on more than an acre and surrounded by trees with sweeping views of Fryman Canyon, was designed and developed Doug Prochilo, a writer and producer married to one of the most powerful executives in Hollywood — Netflix’s Bela Bajaria. The 10,833 sq. ft. property, located at 12309 Viewcrest Rd., is listed at $28 million.

    It features seven bedrooms, 11 bathrooms and was designed by Prochilo in tandem with architect Adrian Koffka at Koffka/Phakos Design and landscape architect Ross Woodley at EPT Design. The “brand new and pristine” property is being co-listed by Ernie Carswell of Sotheby’s International Realty and Karen Medved of Compass.

    Prochilo has worked with Koffka for approximately 20 years, and he says they keep “upping their game.” The Viewcrest address marks the fourth development for Prochilo, and originally it could have been home for his family. “Traditionally, we’ve built houses and then moved in as our kids have gotten bigger and our lives have changed. During the course of building this, all my kids moved to New York. This is hardly an empty nest house so we decided to sell it. But it deserves a full nest, it’s that kind of house.”

    Below Prochilo talks about his vision for the compound and what potential buyer’s can expect to see at the property, which he likens to a treehouse tailor-made for entertaining (and resistant to fires).

    An exterior shot of the multi-level home.

    Photo credit: Anthony Barcelo

    When you sat with your architect to discuss plans, how did you describe your vision?

    The house was really a major remodel. The house that was there, it’s unrecognizable now, but it was poorly designed. It needed to be completely reconfigured so we gutted the entire house, and tore the front and the roof off. My architects did a great job re-envisioning the space to make it flow and work for a family or somebody with a lot of friends that like to stay over. I’ve worked with [Koffka/Phakos Design] for 20 years, and we have a great relationship. We can knock around ideas; I can throw out crazy design ideas, which they may scoff at to start but they end up making it work.

    How long did the project take? When did you first come across the property?

    I bought the property a little over three years ago. We did a year and a half of design and development permitting, and then another 19 or 20 months of construction.

    This is the third “family home” you have designed?

    Probably more like the fourth. The amount of work I’ve done on the houses over the years has increased. In the beginning, it was just a remodel. The house we’re in now, I bought and knocked down to build something new. We entertain a lot, so we’ve had a lot of people come through who say, “I love your house. I want you to do my house.” I don’t want to do that for other people, especially in this town for obvious reasons, but those comments gave me the confidence to know that people like what I’m doing and so therefore I will keep doing it.

    The backyard featuring a pool and guest house.

    Photo credit: Anthony Barcelo

    You’re obviously brilliant at it. Did that come as a surprise to you considering how you started your career as a writer and producer?

    Not really because the first house we bought before we got married, I did all the work on it myself. I’ve always been into this. I’ve leveled up with every property that we’ve bought and done more and more work on it to the point that we started doing ground-up construction. I’m confident in it and never been afraid. I think a lot of people are afraid of remodeling and building. I’ve always enjoyed it. I don’t get daunted by it because over time you realize that if you can pay for it, you can make it happen.

    What kind of buyer do you see for this home?

    One of the best things about the property is the setting. It doesn’t feel like L.A. at all. When I bought the property, I was so taken by the amount of mature trees. You couldn’t even see the house before because there were so many trees on the property. It didn’t have a guest house or a pool. The original house was set back and silhouetted against the backdrop of trees. We really wanted to keep that and design a house that fit into the surroundings by playing into nature.

    Conversely, from inside the house, it feels like a tree house because you look out and all you see is green out of every single window on every level. We wanted to maximize the windows to capture the view, which looks out across the Fryman Canyon trails straight above the mountainside. It feels like a retreat, and so the house has a very zen vibe. It’s located a minute from the freeway but when you arrive on the property, you can chill out and relax.

    The interior with a staircase.

    Photo credit: Anthony Barcelo

    When I first saw the photos, it didn’t look like Los Angeles to me.

    Yeah, and in turn, I didn’t want it to seem like a typical L.A. house. I’m not a fan of the big white box homes in L.A. with all the windows and shiny marble. For me, I want to feel comfortable in my house. I want it to feel warm and welcoming. That was our goal with this house. Even though it’s a big house with some big spaces, it should still feel warm, comfortable and cozy on those massive rooms. It’s a home that can be used by a family or people whose families like to visit. The master suite on the top level is like an escape for the owners. On the middle level, there’s five en suite bedrooms. Whether you have kids, friends or extended family visiting — or even friends who may drink too much and want to stay over — the house has something for everybody and space for everyone.

    What other features excite you?

    There’s a sunken living room, which is a really cool feature. There are two chef kitchens. There are great lighting fixtures. I built it to our own taste so we wanted to finish it very nicely. I didn’t go over the top everywhere, but all the finishes are well curated and thoughtfully chosen. It is worth mentioning that we were mid-construction when the fires broke out [in January 2025], and that was a real wake-up call. We made sure that the house was fire resistant. The cladding on the house is called Shou Sugi Ban, which is a Japanese process of preserving wood by pre-burning it and then staining it to [create a durable, fire-retardant material]. We also did a layer of material called DensGlass, which is a sheathing that goes around the house to help fireproof it. It also has a metal roof.

    The sunken living room.

    Photo credit: Anthony Barcelo

    Tell me about the sunken living room.

    I’m not a fan of the traditional home theater with the movie seats. So many people that I know never use theirs. Instead we created a giant media pit with a giant screen to give it a retro meets modern vibe. It’s a feature of the house that people have really responded to because you can sit 20 people there and it gives you the same purpose of a home theater. You can screen a movie, watch the Oscars or the Super Bowl.

    What about the driveway?

    The driveway is the perfect valet drop-off. Our house is about a minute from here, but we’re up on a hill. We have a lot of functions, and those require some coordinating with a valet service whereas this house makes it much easier. You can have a function and there could be a line of cars that come in, drive through the driveway to make drop-offs and leave without causing any chaos for the neighborhood. The house is also designed so that caterers can come in, too. On the main level, there’s a catering kitchen behind the main bar that goes into a garage. Caterers would have more than enough space to stage food while going in and out of the house. There’s another catering kitchen upstairs behind the main kitchen so if you were having a dinner party, all the mess can be contained in the catering kitchen so you don’t lose the use of that great kitchen. In my experience, people always wind up in the kitchen at parties.

    The driveway.

    Photo credit: Anthony Barcelo

    The house is situated in a unique part of Studio City. What can you say about the neighborhood?

    It’s near an area that realtors refer to as the silver triangle. When my wife and I first moved here, she worked at CBS, which is about four minutes away. Then she got a job running Universal Television so her commute became eight minutes. Now she’s at Netflix and that’s about a 14-minute commute. This is such a great area because you can be in Hollywood in five minutes. You can be at all of the studios in 10 to 15 minutes. When our kids were young, if she wanted to be home to see the kids for an hour, she could do that and then keep going. It’s so convenient and has always been a very practical area for us and our family.

    I hate to be that annoying journalist and ask what’s next when you are still in the thick of this current project so forgive me for doing it anyway and before you’ve sold this house. What’s next?

    We’re eyeing several properties in the vicinity, and it’s going to depend on how we exit this property. I took a bet here on the area and the desire for people to have this kind of space and function in the Valley. If you have this property in Beverly Hills, it would be listing at twice the price. If I can prove my hypothesis that there is a market for it here, there are a couple of properties that we might swoop in on and do a similar number on.

    Scroll down for more views of 12309 Viewcrest Road.

    Photo credit: Anthony Barcelo

    Photo credit: Anthony Barcelo

    Photo credit: Anthony Barcelo

    Photo credit: Anthony Barcelo

    Photo credit: Anthony Barcelo

    Photo credit: Anthony Barcelo

    Photo credit: Anthony Barcelo

    Photo credit: Anthony Barcelo

  • Tony Hinchcliffe’s ‘Kill Tony’ Inks Multiyear Deal With Fox’s Red Seat Ventures (Exclusive)

    Tony Hinchcliffe’s ‘Kill Tony’ Inks Multiyear Deal With Fox’s Red Seat Ventures (Exclusive)

    Fox‘s Red Seat Ventures is expanding into stand-up comedy and live entertainment through a multiyear deal with Kill Tony, the popular comedy show from Tony Hinchcliffe.

    Red Seat Ventures, which functions as a creator services company within Fox’s Tubi Media Group, will handle advertising sales for Kill Tony on both video and audio platforms. The deal will also see the show distributed on Fox’s streaming platforms Tubi and Fox One, and an ad-free version on Red Seat’s podcast subscription platform Supercast.

    The show, which films at Joe Rogan’s Comedy Mothership in Austin, Texas, combines stand-up, improv and the classic comedy roast, with Hinchcliffe and a rotating slate of guest judge comedians roasting wannabe stand-ups seeking a minute to launch their act.

    The show has taken off, and last year Netflix inked a deal to stream some Kill Tony specials on its platform.

    “We are thrilled to be partnering with Tony and the Kill Tony entourage in bringing their wildly funny and captivating live comedy podcast to our growing portfolio of genre-defining creator content,” said Chris Balfe, CEO of Red Seat Ventures. “We look forward to expanding their audience across Fox’s streaming services and empowering them to scale and monetize their business in new ways.”

    “Red Seat Ventures is the perfect partner for our podcast – they understand our brand, our vision and the importance of capturing and delivering live content to audiences,” added Hinchcliffe. “Chris and his team have the right tools and resources for us to maximize and elevate our podcasting footprint, and we’re excited to kick off the partnership with even more great comedic content for our audiences.”

    Red Seat Ventures has built up a sizable portfolio of clients with a heavy emphasis on players in the political commentary and true crime genres, including Megyn Kelly, Ashley Flowers and Nancy Grace. But Kill Tony marks a major push into comedy.

    Fox acquired Red Seat (it’s named after the iconic seat in the right field bleachers at Boston’s Fenway Park) last year, placing it within the Tubi Media Group. Red Seat acquired Supercast earlier this year.

    Kill Tony is represented by UTA and Brillstein Entertainment Partners.

  • Rudy Gobert an undeniable factor in Wolves’ 3-1 series lead

    Rudy Gobert an undeniable factor in Wolves’ 3-1 series lead

    Minnesota’s Rudy Gobert has effectively shadowed Denver star Nikola Jokić throughout their first-round series.

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    Nikola Jokić, through the prime of his career, has crafted a reputation as a thinking man’s NBA player.

    Rudy Gobert, in essentially the same time frame, has been viewed as a guy who doesn’t get to sit with the cool kids at lunch.

    One has been voted the Kia Most Valuable Player three times, a tribute to his vision, footwork, touch, size and indispensability to the Denver Nuggets. The other has been voted the Kia Defensive Player of the Year four times, tied for the most ever.

    Yet some media, fans and – this is the real issue – rival players see the Minnesota Timberwolves’ center as the guy Most Likely to Get Catfished. Someone to snicker at, and often not even behind his back.

    Over the course of his 13 seasons, about the only thing in which the 7-foot-1 “Stifle Tower” has come up short has been respect.

    “I think Rudy’s probably the most misunderstood player in the history of the game,” Minnesota point guard Mike Conley said of his teammate with the Wolves and the Utah Jazz. “The way that he impacts winning, just because it doesn’t look pretty all the time or is not the sexiest thing, people bypass the other 95 things he does for our team.”

    Said Wolves coach Chris Finch: “He’s about the right things, and it’s just laughable, small-minded and petty all the crap that people decide to give Rudy.”

    Gobert and the Wolves have the Nuggets on the brink, down 3-1 in their best-of-seven series that continues Monday at Denver’s Ball Arena (10:30 p.m. ET, NBC & Peacock). They have Jokić and the NBA’s most potent offense of 2025-26 in disarray, stuck below 100 points the past two games.

    The Nuggets’ star labeled his performance through four games as “average,” and in some categories, it’s been worse. He has missed 53 of his 87 shots, is 5-of-27 on 3-pointers and had more turnovers than assists (4-3) in Game 3.

    Denver led the NBA in 3-point percentage (39.6%) and effective field goal rate (57.7%) during the regular season. Against Gobert and the Wolves’ defense now, it ranks last among the 16 playoff teams in both (28.5% and 45.8%). The Nuggets are averaging 10.1 fewer points in the paint in the series (39.5) than they did over 82 games (49.6).

    And yet, for a variety of reasons, Gobert’s reputation remains sullied, dismissed and the subject of eye rolls from both casuals and plenty of folks who should know better. From what we can tell, the criticism from outside and resentment from inside stem from a short list of factors:

    He isn’t much of a scorer, averaging 12.5 points and only 7.1 shots per game, so fans and foes who most value buckets aren’t impressed. But Gobert has maxed out his earnings, nearly $300 million so far, largely for his work at the end of the court, so many opponents disregard.

    His ball skills are (no pun intended) rudimentary. Just last week in Game 1, Gobert tried to execute a dribble handoff as a bounce pass behind his back. It did not go well.

    He is a Euro from back before international players were appreciated quite like they are now. Gobert was the 27th pick in the same 2013 Draft that produced Milwaukee’s Giannis Antetokounmpo at No. 15.

    His 8,107 career defensive rebounds (including playoffs) and 1,974 blocked shots rank 28th and 27th all-time, and are in direct opposition to what gets most of the other guys paid. Gobert’s mere looming presence makes their basketball lives tougher, and many don’t like it.

    The Luka Dončić shot from the right wing in the 2024 Dallas-Minnesota series that got replayed incessantly that spring, when Gobert got isolated against the Mavericks’ gifted scorer. (Gobert later offered context in his defense, saying, “My whole career, I’m very likely to be crossed over. … But let’s see what happens over the course of hundreds and hundreds of possessions.” But you know what they say about a picture’s worth vs. however many words were in the big man’s quote.)

    His status as the NBA’s “patient zero” of COVID, owing to the goofy video in which he touched the microphones and recorders of media folks on his way out of a news conference. This was in March 2020, before Gobert or anyone knew how huge the pandemic would be.

    Some footage from February 2019, when Gobert felt he was snubbed from what would have been his first All-Star selection. He cried while sharing his feelings about his mother’s sacrifices in nurturing his early basketball training and a sense of disrespect. Sure enough, some wise guys pounced.

    Rudy Gobert and Ayo Dosunmu speak to the media following the Wolves’ Game 3 win.

    Maybe Gobert’s work in this series, though, will finally change some shallow minds. Consider some of the stats:

    Gobert has defended 81 shots within six feet of the rim, an area with an expected success rate of 52.8%. The Nuggets? Converting only 35.8%.

    • In Game 4, Denver shot only 24.3% in the second half. That was its fourth-worst shooting half, regular season or playoffs, of the Jokić era.

    Jokić has shot 6-of-26 when guarded by Gobert in the second halves of the series. Including 2-of-16 in the fourth quarters of Games 2-4.

    During the season, Gobert ranked No. 1 in allowing just 0.77 points per isolation plays (minimum 200 plays or more).

    For years, Gobert’s coaches have said things similar to what Finch said last week about his guy’s pushback on Jokić: “Some of the best defense I’ve ever seen, one on one from anyone, really, against that caliber player … You know, pedigree and brings it every single night with a ton of great pride.”


    ‘People just don’t want to go at Rudy’

    Rudy Gobert gets up for a key block on Nikola Jokić.

    Gobert has worked on his overall game, well, forever. He got attention two summers ago for focusing on offensive skills under noted shooting coach Chris Matthews. He has improved his footwork, balance and stamina by cross-training in boxing, MMA and dance. Eating smart by working with a nutritionist has been a passion since he hit the NBA.

    He is a ready and informative interviewee, and he has never been known to criticize an opponent who didn’t instigate against him. Then there is random stuff, like giving every behind-the-scenes worker at Minnesota’s Target Center a signed Christmas card annually, with $50 inside. It’s a gesture that continues since his Utah days, a holiday brightener for more than 450 people.

    This is a man some NBA players want to tease or mock? C’mon.

    Only after a few of his teammates spoke up to praise Gobert’s work in this series has any appreciation been shown. One of them, Anthony Edwards, popular among his foes for his athletic skills, his ability to take over games, his fun-loving smile and his let-it-rip profanity as one of the current cool kids.

    “Everybody’s gonna say this about Rudy. He’s this. He’s that,” Edwards said after Game 2. “They don’t understand what he means to us when he’s on the floor. People don’t want to lay the ball up around him. People just don’t want to go at Rudy.”

    Edwards was the one who told Gobert that night before the final quarter to stop fouling and play his straight-up defense.

    “Regardless of what they say about him on the offensive end of the floor,” Edwards said, “he’s a four-time Defensive Player of the Year for a reason. He’s been doing it at a high level for a long time, and we need him on the floor.”

    The contrast is stark with Jokić, an offensive wonder who isn’t known for his defense. Once the light bulb came on over the Wolves’ heads to start driving to the basket with no fear of rim protection, they have been like picnic ants discovering a sandwich. Minnesota has scored 228 of its points in four games in the paint, 70 more than the Nuggets.

    All of this coincides with this season’s DPOY results. Ballots were gathered right before the playoffs and announced last week, with San Antonio Spurs big man Victor Wembanyama as the first unanimous winner of the award. Oklahoma City Thunder 7-footer Chet Holmgren finished second and the Detroit Pistons’ Ausar Thompson was third.

    Seven times in his career, Gobert finished third or higher. But not this time. He didn’t seem surprised, either, saying he wasn’t motivated vs. Jokić by this particular snub.

    “No extra juice. I know who I am,” the 33-year-old said. “Not the first time I get disrespected, probably not the last. I’m gonna keep being myself. If they want to disrespect greatness, take it for granted, whatever, sooner or later they’ll realize the impact.”

    Let’s help: In this year’s playoffs, Gobert leads the pack in defensive net rating by a wide margin (+15.7). Per ESPN Analytics, the New York Knicks’ Karl-Anthony Towns is second (+12.2) and Jokić ranks third (+10.1), mostly for how denuded Denver is when he sits, period.

    More to the point, Wembanyama is fourth (+9.6), Thompson 12th (+7.0) and Holmgren 51st (+2.8). One stat isn’t the measure of everything, but it supports the view that Gobert is as effective now as he was when he won his first DPOY eight years ago.

    Know this, too: Three years after Gobert retires, he’ll be on the stage at the Springfield Symphony Hall, getting an orange sport coat and a glitzy ring for his enshrinement into the Naismith Memorial Basketball Hall of Fame.

    A lot of his opponents and longtime deriders will be sitting home, their turns on the whoopee cushions.

    * * *

    Steve Aschburner has written about the NBA since 1980. You can e-mail him here, find his archive here and follow him on X.

  • France Charges 88, Including Minors, in Crypto ‘Wrench Attack’ Crackdown

    France Charges 88, Including Minors, in Crypto ‘Wrench Attack’ Crackdown

    In brief

    • France has charged 88 suspects, more than 10 of them minors, across 12 active judicial investigations into violent crypto kidnappings.
    • Six suspects were arrested this month in two separate operations linked to kidnappings in Challes-les-Eaux and Dompierre-sur-Mer; all six are in pre-trial detention.
    • Investigators identified structured criminal networks by tracing repeat offenders across 135 incidents recorded since 2023.

    France has charged 88 suspects, more than 10 of them minors, across 12 active judicial investigations into a wave of violent crypto “wrench attacks,” in a sweeping crackdown on organized gangs targeting crypto holders.

    The National Organized Crime Prosecutor’s Office, or PNACO, said Friday in a press release that 75 of those charged have been placed in pre-trial detention across 12 judicial investigations handled by specialized magistrates at the Paris Judicial Court.

    The charges cover kidnapping, unlawful confinement, extortion, and money laundering, all committed by organized gangs, according to Vanessa Perrée, National Prosecutor for Organized Crime at the French Ministry of Justice.

    The charges reflect the full scale of a crisis that has made France the global epicenter of wrench attacks, violent physical crimes in which criminals coerce crypto holders into surrendering their digital assets.

    French law enforcement has recorded 135 crypto-related incidents since 2023, including 18 in 2024, 67 in 2025, and 47 already in 2026, which officials described as the result of “structured criminal networks.”

    Last week, three men aged 25–30 were detained over a November 2025 kidnapping in Challes-les-Eaux, followed days later by three more arrests, two already charged in that case, linked to a separate December kidnapping in Dompierre-sur-Mer.

    All six have been placed in pre-trial detention.

    Crypto “wrench attacks”

    Globally, wrench attacks hit a record 72 incidents in 2025, up 75% year-over-year, with over $40.9 million in losses, as Europe accounted for more than 40% of cases, led by France, which recorded 19 attacks, surpassing the U.S. with eight, according to CertiK.

    Jonathan Riss, Blockchain Intelligence Analyst at CertiK, told Decrypt that the masterminds behind these attacks are frequently insulated from arrest.

    “The masterminds are often based abroad, outside the EU and out of immediate reach of authorities, operating through local middlemen and young executors,” he said.

    “France ranks among the top three countries worldwide for personal data breaches,” Riss said, citing a leak at ANTS, the agency handling national ID cards and driving licenses, that exposed the personal data of 12 million citizens.

    “That commercial layer is compounded by insider state leaks: for a few thousand euros, civil servants have proven willing to resell highly valuable information.”

    He said the problem runs deeper than France’s numbers suggest.

    “Some regions are clearly underreporting: most cases are still recorded as standard robberies with no crypto tag, and victims often stay silent over fear of retaliation or tax exposure,” Riss said. “Not every country treats wrench attacks the same way — some jurisdictions lack the legal framework or law enforcement training to categorize crypto-related coercion as a distinct crime.”

    On Saturday, a Telegram post by the company’s founder Pavel Durov cited a case involving a French tax official who had allegedly sold crypto owners’ data to criminals. Durov warned that state demands for user identification and private messages would endanger crypto users, writing, “More data => More leaks => More victims.”

    Crypto attacks in France

    The crackdown follows a relentless series of high-profile attacks that have shaken France’s crypto community.

    Incidents include the kidnapping and mutilation of Ledger co-founder David Balland, whose case saw its final suspect arrested in Spain last month, a home invasion attempt targeting Binance France’s CEO, and the abduction of a magistrate and her mother for a crypto ransom.

    Last week, a mother and her 11-year-old son were kidnapped from their home in Burgundy in a crypto-linked ransom plot, before being rescued by elite GIGN officers after being held overnight.

    A Versailles home invasion last month also saw attackers pose as police and force a couple in their late 50s to transfer roughly $1 million (€900,000) in Bitcoin at knifepoint.

    Perrée has warned crypto holders to limit their social media exposure and stay alert to impersonation attempts, after the PNACO separately flagged a surge in phishing calls and emails targeting cryptocurrency holders.

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