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The latest US Treasury Department move comes as part of efforts to make it more difficult for Iran to sell oil abroad.
Published On 16 Sep 2025
The United States has issued a new wave of sanctions against Iran, targeting people and entities it says are involved in illicit fund transfers that benefit the country’s military activities.
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) confirmed on Tuesday that it had sanctioned more than a dozen Iranian individuals and companies based in Hong Kong and the United Arab Emirates.
list of 3 itemsend of list
Those targeted, the OFAC said, had helped to move funds for the benefit of the Islamic Revolutionary Guard Corps (IRGC) and the Iranian Ministry of Defence.
Some of the money came from the sale of Iranian oil, the US Treasury added.
“Iranian ‘shadow banking’ networks like these — run by trusted illicit financial facilitators — abuse the international financial system, and evade sanctions by laundering money through overseas front companies and cryptocurrency,” it said.
John K Hurley, the US Treasury’s undersecretary for terrorism and financial intelligence, added that the Trump administration would continue to disrupt money flowing into “Iran’s weapons programmes and malign activities in the Middle East and beyond”.
The US government alleges that Iranian nationals Alireza Derakhshan and Arash Estaki Alivand, who are both on the new sanctions list, facilitated the purchase of $100m worth of cryptocurrency for the Iranian government.
As a result of the sanctions, they and the other people and entities being targeted lose their right to any assets held in the US. US companies and citizens are also forbidden from doing business with them.
The move comes as part of US President Donald Trump’s goal of driving Iran’s oil exports “to zero”.
Tehran has not yet responded to the move.
In August, the US went after a global network of companies owned by the Greek shipper Antonios Margaritis.
“Margaritis has leveraged his decades of experience in the shipping industry to illicitly facilitate the transportation and sale of Iranian petroleum,” the US Treasury claimed.
The targeting of Margaritis followed several other rounds of sanctions designed to make it more challenging for Tehran to sell its oil overseas.
New US/China TikTok agreement similar to terms agreed this spring, sources say
Sabrina Carpenter, Justin Bieber and Karol G have been announced as the headliners of next year’s Coachella festival.
It will be the first time any of the three artists have topped the bill at the event, which takes place in the Californian desert in front of about 250,000 fans.
Teddy Swims, Katseye, Central Cee and CMAT are also on the line-up.
The festival, held at the Empire Polo Club in Indio, has been running since 2002 and takes place over two weekends.
Sabrina will take to the stage first on the Friday with Bieber and Karol G set to headline the Saturday and Sunday respectively.
There’s a number of UK artists also on the bill for next year with the likes of Disclosure, Wet Leg, Lambrini Girls, Little Simz and FKA Twigs.
Tickets are not on sale yet but fans can register for passes.
Coachella is one of the most high-profile music festivals in the world thanks to its line-up and its reputation for attracting a celebrity audience.
Last year actor Timothee Chalamet and partner Kylie Jenner were spotted in the crowd, along with Justin Bieber and his wife Hailey.
The star-studded line-up included Lady Gaga, Charli XCX, Travis Scott, Post Malone and Green Day.
There were also complaints about a new reservation system for anyone camping at the festival, which was blamed for causing 12-hour tailbacks outside the event.
The line-up has been met with mixed reaction from fans.
“I don’t think there has ever been a worse Coachella lineup in the history of the festival,” one wrote on X.
But others said they were already figuring out ways to bag a ticket.
One wrote: “I will literally do anything for someone to sponsor my Coachella trip this line-up is so insane to me”.
Rank | School Name | City, State | Record | Previous | Recent Results through 9/14 |
---|---|---|---|---|---|
1 | Phillips Academy Andover | Andover, Massachusetts | 1-0-0 | 1 | 9/13 vs Dexter Southfield- 8-1 W |
2 | Uxbridge High School | Uxbridge, Massachusetts | 3-0-0 | 2 | 9/5 vs East Greenwich- 10-0 W, 9/8 @ Acton-Boxborough- 4-0 W, 9/12 vs Medfield- 7-1 W |
3 | Watertown High School | Watertown, Massachusetts | 4-0-0 | 3 | 9/3 @ Lexington- 6-1 W, 9/5 @ Burlington- 6-0 W, 9/9 vs Belmont- 2-1 W, 9/12 @ Wilmington- 7-0 W |
4 | Walpole High School | Walpole, Massachusetts | 5-0-0 | 4 | 9/2 vs Wellesley- 6-1 W, 9/4 @ Milton- 2-0 W, 9/8 vs Framingham- 10-0 W, 9/10 @ Needham- 7-0 W, 9/13 vs Winchester- 6-1 W |
5 | Rice Memorial High School | South Burlington, Vermont | 5-0-0 | 5 | 8/29 @ Spaulding- 7-0 W, 9/3 vs Mt. Mansfield- 5-0 W, 9/6 @ Champlain Valley Union- 3-0 W, 9/9 @ Burlington- 5-0 W, 9/12 vs Woodstock- 6-1 W |
6 | Middlesex School | Concord, Massachusetts | 2-0-0 | 6 | 9/10 @ Winsor- 9-1 W, 9/13 vs New Hampton School- 5-0 W |
7 | Belmont High School | Belmont, Massachusetts | 3-1-0 | 11 | 9/3 vs Melrose- 9-0 W, 9/5 vs Reading Memorial- 2-1 W, 9/9 @ Watertown- 1-2 L, 9/11 @ Arlington- 6-0 W |
8 | Sandwich High School | East Sandwich, Massachusetts | 4-0-0 | 7 | 9/3 vs Cohasset- 3-0 W, 9/5 @ Duxbury- 6-0 W, 9/11 vs Barnstable- 6-0 W, 9/13 vs Manchester Essex- 7-0 W |
9 | Somerset Berkley Regional High School | Somerset, Massachusetts | 3-0-0 | 8 | 9/2 @ Old Rochester- 5-0 W, 9/4 vs Durfee- 10-1 W, 9/11 @ Seekonk- 10-1 W |
10 | Andover High School | Andover, Massachusetts | 2-0-1 | 9 | 9/6 vs Beverly- 5-0 W, 9/8 vs St. Mary’s Lynn- 0-0 T, 9/13 @ Newton North- 4-0 W |
11 | Cheverus High School | Portland, Maine | 1-0-1 | 10 | 9/5 vs Biddeford- 4-4 T, 9/11 vs Sanford- 4-1 W |
12 | Londonderry High School | Londonderry, New Hampshire | 5-0-0 | NR | 8/29 @ Merrimack- 4-1 W, 9/3 @ Windham- 1-0 W, 9/9 @ Memorial Man Central- 10-1 W, 9/10 vs Goffstown- 4-1 W, 9/12 vs Keene- 1-0 W |
13 | Nashoba Regional High School | Bolton, Massachusetts | 3-0-0 | OC | 9/3 vs Westford Academy- 7-0 W, 9/8 vs Algonquin Regional- 2-0 W, 9/10 @ Shrewsbury- 4-1 W |
14 | Belfast Area High School | Belfast, Maine | 3-0-0 | 15 | 9/6 vs Leavitt Area- 3-1 W, 9/9 vs MCI- 2-0 W, 9/12 vs Old Town- 2-1 W |
15 | Brewer High School | Brewer, Maine | 1-0-0 | 17 | 9/6 vs Edward Little- 1-0 W |
16 | Franklin High School | Franklin, Massachusetts | 4-0-1 | 18 | 9/3 vs Oliver Ames- 5-1 W, 9/5 vs King Philip Regional- 2-1 W, 9/8 @ Concord-Carlisle- 0-0 T, 9/9 @ Foxborough- 3-0 W, 9/11 @ Taunton- 7-0 W |
17 | Keene High School | Keene, New Hampshire | 4-1-0 | 13 | 8/29 @ Exeter- 4-0 W, 9/3 vs Pinkerton- 4-2 W, 9/8 vs Winnacunnet- 3-1 W, 9/10 @ Timberlane- 4-0 W, 9/12 @ Londonderry- 0-1 L |
18 | Deerfield Academy | Deerfield, Massachusetts | 1-0-0 | 19 | 9/13 @ Berkshire School- 5-4 W OT |
19 | Williston Northampton School | Easthampton, Massachusetts | 1-0-0 | 20 | 9/13 vs St. Mark’s School- 7-0 W |
20 | Cushing Academy | Ashburnham, Massachusetts | 2-0-0 | NR | 9/10 vs Thayer- 7-0 W, 9/13 vs Governors Academy- 4-3 W |
OC | Biddeford High School | Biddeford, Maine | 2-0-1 | OC | 9/5 vs Cheverus- 4-4 T, 9/9 vs Gorham- 4-3 W, 9/11 vs Thornton Academy- 3-2 W 2OT |
OC | Canton High School | Canton, Massachusetts | 4-0-0 | OC | 9/3 @ Attleboro- 5-0 W, 9/5 @ Foxborough- 2-0 W, 9/9 vs Sharon- 9-0 W, 9/11 vs North Attleboro- 10-1 W |
OC | Hopkinton High School | Hopkinton, Massachusetts | 4-0-1 | NR | 9/3 @ Dedham- 3-0 W, 9/5 vs Holliston- 7-1 W, 9/8 vs Westwood- 4-0 W, 9/10 vs Ashland- 4-1 W, 9/12 vs Natick- 0-0 T |
OC | Messalonskee High School | Oakland, Maine | 4-0-0 | NR | 9/4 vs Lewiston- 3-2 W, 9/6 vs Camden Hills Regional- 3-0 W, 9/8 vs Oxford Hills- 7-0 W, 9/11 vs Brunswick- 4-0 W |
OC | Noble & Greenough School | Dedham, Massachusetts | 0-1-0 | NR | 9/13 vs Agnes Irwin School (PA)- 1-2 L |
OC | Pinkerton Academy | Derry, New Hampshire | 4-1-0 | OC | 8/28 vs Windham- 5-3 W, 9/3 @ Keene- 2-4 L, 9/5 vs Memorial-Man. Central- 10-1 W, 9/8 @ Goffstown- 6-0 W, 9/10 vs Dover- 5-1 W |
OC | Skowhegan Area High School | Skowhegan, Maine | 3-0-0 | NR | 9/4 vs Oxford Hills- 5-0 W, 9/9 vs Mt. Blue- 2-1 W, 9/12 vs Leavitt Area- 13-0 W |
OC | St. Mary’s Lynn | Lynn, Massachusetts | 3-0-1 | NR | 9/2 @ Danvers- 5-0 W, 9/4 vs Peabody- 6-0 W, 9/6 @ Monomoy- 1-0 W, 9/8 @ Andover- 0-0 T |
OC | The Governor’s Academy | Byfield, Massachusetts | 0-1-0 | 12 | 9/13 vs Cushing Academy- 3-4 L |
The post 2025 Week #1 New England Region Top 20 Rankings appeared first on MAX Field Hockey.
Imagine generating power not from sunlight or wind, but from the simple mixing of fresh and salt water. This is the quiet promise of osmotic energy, a renewable energy source generated where river meets ocean. The idea has been around for decades, but only now is it flowing into real-world use.
The principle behind osmotic potential is deceptively simple. When fresh and salt water are separated by a semi-permeable membrane, water molecules naturally move across the barrier to balance the difference. That flow builds up pressure strong enough to spin a turbine. No combustion, no emissions. And unlike wind or solar, there is no dependence on weather or daylight, making it capable of running continuously.
The first real push came in 2009, when the Norwegian company Statkraft built one of the world’s first prototype osmotic power plants. The four-kilowatt demonstration model proved the concept could generate electricity, but due to costs the technology mostly lingered in labs and small pilots.
Now, for only the second time since development of those prototypes, a full-scale facility has opened in Fukuoka, Japan. Built by a consortium including the National Institute for Materials Science and local partners, it’s the world’s second osmotic power facility designed for continuous output following the launch of another plant in Denmark in 2023. While considered modest in scale, it will generate around 880,000 kilowatt-hours per year – enough to power 220 households or offset the energy needs of a desalination plant.
What sets the Fukuoka facility apart from any prior iterations of the technology is not the amount of energy it generates, but how it applies physics to infrastructure. By pairing with a desalination plant, it taps into concentrated brine waste that would otherwise be discarded, creating a sharper salinity contrast than rivers naturally provide. Those stronger gradients boost efficiency and grounds osmotic generation in existing systems rather than the lab.
Still, hurdles remain. Pumping losses and membrane fouling can erode efficiency, and advanced membranes are expensive.
“While energy is released when the salt water is mixed with fresh water, a lot of energy is lost in pumping the two streams into the power plant and from the frictional loss across the membranes,” said Professor Sandra Kentish of the University of Melbourne in a recent interview with The Guardian. “This means that the net energy that can be gained is small.”
Precisely the sort of challenges that pushed companies such as Statkraft to shutter its prototype after a few years.
While the Fukuoka facility doesn’t claim to have solved all of the issues, it shows that osmotic power can be folded into real-world infrastructure. Advances in membrane and pump technology are reducing the losses, Kentish noted, and Japan’s use of concentrated brine from desalination increases the energy available. That integration marks an engineering milestone – and underscores the core attraction of osmotic power: its reliability.
Unlike solar or wind, osmotic power can run continuously wherever fresh and saltwater meet; at estuaries, desalination plants, even inland salt lakes. Researchers say the global potential is vast, potentially one day rivaling hydropower if costs continue to come down. The launch of the Fukuoka plant signals renewed interest in exploring this emerging energy source.
And while osmotic power may never match the scale of solar or offshore wind, parity isn’t required for impact. As energy grids diversify, steady background renewables will matter more than ever, especially when they can plug into existing infrastructure.
In Fukuoka, salt and fresh water are already driving turbines, turning a long-studied concept into a working source of power. A modest step, showing osmotic power edging closer to real-world relevance.
Sources: Science Japan, The Guardian
Building the next-big-thing requires entrepreneurs to make a lot of bets—on their idea, starting team, and even business name. But for Spanx founder Sara Blakely, the ultimate bet came from betting on herself.
“Don’t ever underestimate the importance of storytelling. You are your greatest competitive advantage,” Blakely tells Fortune. It’s a mantra that helped her take her $5,000 in savings from selling fax machines and turn it into a $1.2 billion women’s shapewear empire.
When she first started Spanx, she deliberately kept her idea hidden—even from her closest friends and family.
“Ideas are the most vulnerable in the moment you have them. I waited a year before I told any friends or family what I was working on and that’s because I didn’t want ego to have to get involved too early,” Blakely added to the School of Hard Knocks in an interview released earlier this week.
Blakely admitted that hearing inevitable negative comments, like “why hasn’t anybody already done it?” or “the big guys will knock you off in six months” would have crushed her dreams—and landed her right back in the career she was trying to escape.
“Had I heard those things the moment that I had the idea, I would probably still be selling fax machines,” the 54-year-old said.
For Blakely, her all-out bet on herself ultimately had massive rewards.
She grew Spanx over the course of two decades into a brand found in clothing stores around the globe and notably never took any outside investors. When she finally decided to sell in 2021, she reaped the entire $1.2 billion reward—a 240,000x growth on her initial $5,000 investment.
But Blakely hasn’t shied away from being open about fighting tooth and nail to get her business off the ground; As well as keeping it a secret to block out any naysayers, she did whatever it she could within her powers to get the brand noticed.
In her early years, that meant personally going inside Neiman Marcus department stores and moving her product closer to the checkout counter—away from what she called the “sleepiest corner of the store.” And while she admitted it probably wasn’t allowed, it didn’t stop her.
“I always say, ask for forgiveness not permission,” she said.
This self-described “unhinged” behavior didn’t stop there. On her journey to success, she also rode around with a “SPANX” license plate, signed up for British billionaire Richard Branson’s reality TV show, and even paid her friends to go into department stores and buy her product so “it wouldn’t tank.”
“You gotta do what you gotta do,” Blakely wrote on Instagram.
Great Britain is set to roll out the red carpet for Donald Trump this week, honouring the president of the United States with something no other American leader has ever received: a second state visit.
Trump is set to arrive in London late on Tuesday for a visit that coincides with tough trade negotiations between the US and many of its key trading partners, including the United Kingdom. During his stay, both countries plan to announce several deals on technology and civil nuclear energy, and British leaders hope to finalise an agreement on metal tariffs.
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Trump and his wife, Melania, will be treated to royal pageantry throughout their two-day stay, including a ceremonial welcome from King Charles at Windsor Castle. The British government is confident that royal soft power will appeal to Trump’s sense of flamboyance.
The state visit will include a glittering banquet and a procession in a horse-drawn carriage. For his part, British Prime Minister Keir Starmer hopes Trump’s visit will offer a measure of distraction from simmering speculation about his leadership amid plummeting approval ratings and high-profile resignations.
Lord Mandelson’s recent sacking as UK ambassador to the US, following new revelations concerning his friendship with child sex offender Jeffrey Epstein, has already cast a diplomatic pall over Trump’s visit. The president’s own links to Epstein have also generated plenty of headlines in recent weeks.
Trump will officially be welcomed to the UK on Tuesday evening by US Ambassador Warren Stephens, British Foreign Secretary Yvette Cooper and Viscount Hood, the king’s lord-in-waiting. On Wednesday morning, the royal activities will begin, with a formal greeting by the king and Queen Camilla, along with Prince William and Princess Catherine, at Windsor Castle. Later that day, he will enjoy a royal salute at the castle and a flypast from the Red Arrows and the carriage procession.
The president will then be treated to lunch with the extended royal family before laying a wreath at Queen Elizabeth II’s tomb in St George’s Chapel.
On Wednesday night, Trump will be the guest of honour at a formal state banquet at the castle.
The president will bid farewell to the royals on Thursday morning before he meets Starmer.
Starmer will host Trump at Chequers, his country residence, on Thursday to discuss various matters, including security in Ukraine. Starmer’s ultimate aim, however, is to ensure that Trump makes good on his promise to lower tariffs on steel and aluminium.
The UK was the first country to sign a bilateral trade agreement with the Trump administration in May. Under that deal, the US planned to reduce tariffs on aluminium and steel from 25 percent to zero, but that has not happened yet.
“When it comes to steel, we will make sure that we have an announcement as soon as possible,” Business Secretary Peter Kyle told the BBC on Sunday. Other ministers have expressed optimism that a deal on base metals can be secured during Trump’s visit.
The two countries are also expected to sign a multibillion-dollar deal to develop small nuclear projects, which could, in some cases, help to power new artificial intelligence data centres. On Monday, Starmer announced a joint US-UK project to build a fleet of small modular reactors.
“The UK-US relationship is the strongest in the world,” a representative from Starmer’s office told reporters. “This week, we are delivering a step change in that relationship.”
A major talking point will be a new potential technology partnership, involving enhanced US investment in the UK and greater British cooperation with Silicon Valley on AI and quantum computing.
That had been Lord Mandelson’s priority and something he described in his outgoing letter to embassy staff last week as his “personal pride and joy” that he claimed would “help write the next chapter of the special relationship” between the US and the UK. Mandelson’s permanent replacement has yet to be named, but James Roscoe is serving as interim ambassador to the US.
Nvidia, OpenAI and Google are expected to announce investment deals as part of the partnership, according to the Reuters news agency. Meanwhile, the British government recently secured 1.25 billion pounds ($1.7bn) in private investment pledges from PayPal and Bank of America.
Elsewhere, private equity firm Blackstone plans to invest 100 billion pounds ($136bn) into British assets over the next decade, with a focus on physical infrastructure. The investment will be part of a previously announced $500bn package of investment into Europe.
This is Trump’s second visit to the UK in the last two months, following his trip to Scotland in July, but this week marks his second state visit, which no other US president has ever enjoyed. In 2019, Trump was hosted for a state visit by Queen Elizabeth II.
The timing is not ideal. Mandelson was sacked as the UK’s ambassador to the US on September 11, after emails were published that revealed he urged Epstein to fight for early release from prison in 2008.
Trump’s friendship with Epstein has also exposed him to damaging scrutiny, including from his support base. Democrats in the House of Representatives recently released a birthday letter he allegedly wrote to Epstein in 2003, which Trump has denied writing.
For his part, Starmer hopes the pomp of a state visit will offer cover for his own domestic challenges, including criticism about him proscribing the Palestine Action group as a “terror organisation”.
Following missteps on welfare reform, a slapdash cabinet reshuffle and poor economic growth, several lawmakers are increasingly questioning Starmer’s judgement, especially with Nigel Farage’s populist Reform UK party surging ahead in the polls.
Starmer’s main goal will be to champion any wins secured during Trump’s visit.
But the president’s stay will also face challenges as local protests are expected in opposition to Trump’s stay at Windsor Castle.
The prime minister will also try to convince Trump that Russia’s incursion of 20 drones into Polish airspace last Wednesday was not an accident, as Trump has suggested.
Polish Foreign Minister Radoslaw Sikorski rejected that theory on September 12 during a news conference in Kyiv. “We don’t believe in 20 mistakes at the same time,” he said.
Finally, Starmer’s spokesperson said there would also be announcements on deepening cultural ties, including promoting basketball in the UK and developing partnerships between heritage and art institutions.
Major record labels including Universal Music Group and Sony Music Entertainment have reached a confidential settlement with the nonprofit Internet Archive, ending a two-year legal battle over its digitization and streaming of vintage vinyl recordings.
The parties filed a joint notice in California federal court on Monday (September 15), requesting that Judge Maxine Chesney pause all case deadlines while they complete the settlement terms.
They expect to formally dismiss the lawsuit within 45 days, according to the filing, which you can read in full here.
“The Parties request that the Court vacate any upcoming deadlines while the performance of certain settlement terms is pending,” the court document read.
It added: “Once performance of certain terms of the settlement is complete, the Parties shall file a Stipulation of Dismissal of the entire action with prejudice. The Parties expect to file the Stipulation of Dismissal within 45 days.”
In a blog post on Monday, Chris Freeland, Director of Library Services at Internet Archive, wrote: “[B]oth parties have advised the Court that the matter has been settled. The parties have reached a confidential resolution of all claims and will have no further public comment on this matter.”
The settlement concludes a dispute that began in 2023 when UMG Recordings, Capitol Records, Concord, Sony Music and Arista Music sued the San Francisco-based Internet Archive over its “Great 78 Project.”
The initiative encourages donations of 78-rpm records from the 1890s through 1950s, which the Archive then digitizes and makes available online.
“[B]oth parties have advised the Court that the matter has been settled. The parties have reached a confidential resolution of all claims.”
Chris Freeland, Internet Archive
As MBW previously noted, “78s” were the standard format for vinyl records until the 1950s, and according to George Blood, an audio engineer involved in the project, there are some 3 million of these recordings that could eventually make their way into the collection.
The project presents a problem for recording companies and music publishers, as much of the music remains under copyright and continues to be commercially exploited.
The record companies accused the Archive of operating an “illegal record store” that violated copyrights on “thousands of works” by artists including Frank Sinatra, Bing Crosby, Ella Fitzgerald, Billie Holiday, Miles Davis and Louis Armstrong, among others.
Specific recordings cited in the lawsuit included Crosby’s White Christmas, Benny Goodman’s Sing, Sing, Sing, Buddy Holly’s Peggy Sue, Chuck Berry’s Roll Over Beethoven, Sinatra’s I’ve Got the World on a String, Nat King Cole’s The Christmas Song and more.
The lawsuit listed 2,749 copyrighted tracks, which it describes as an “illustrative and non-exhaustive list of some of plaintiffs’ works infringed by defendants through the Great 78 Project.”
The Archive defended its actions under fair use doctrine, arguing the project aims to “ensure the survival of these cultural materials for future generations to study and enjoy.”
Judge Chesney had previously rejected the Archive’s argument that some copyright claims were time-barred, allowing the case to proceed toward trial before the settlement was reached.
Last year, the Internet Archive lost its appeal in a lawsuit against major book publishers — Hachette Book Group, HarperCollins Publishers, John Wiley & Sons and Penguin Random House — that accused it of illegally scanning copyrighted works and providing access to them to the public online for free.
Music Business Worldwide
US acting legend Redford, known for roles in The Sting and Butch Cassidy and the Sundance Kid, has died at the age of 89.
In a statement, his publicist Cindi Berger, said: “Robert Redford passed away on September 16 at his home at Sundance in the mountains of Utah – the place he loved, surrounded by those he loved. He will be missed greatly. The family requests privacy.”
The Oscar-winning star of Out of Africa was also known for founding the Sundance Film Festival in Utah.
He won an Academy Award for best director in 1980 for Ordinary People. Redford announced he was retiring from acting in 2018, having said in 2016 that he was “tired of acting.”
Redford’s other roles included The Candidate, All the President’s Men and Indecent Proposal.
It was Butch Cassidy that made Redford an overnight star but he was never comfortable with his tag as a good-looking charmer.