A new federal website designed to support mothers and families has been launched by the current administration. The site, moms.gov, provides an array of resources aimed at helping parents navigate various aspects of family life.
The platform features information on where to find pregnancy centers, nutritional and dietary guidance, details about adoption services, and mental health resources. Health and Human Services Secretary Robert Kennedy Jr. stated, “The Trump Administration is strengthening its commitment to America’s families by equipping mothers and fathers with the resources and information they need to build healthy, prosperous lives.”
The Fresno Board of Supervisors has voted to restrict public library participation in Pride Month activities following a narrow 3-2 decision. Under the new policy, county libraries will be prohibited from celebrating Gay Pride Month in June and cannot take part in annual Gay Pride parades.
The decision comes after thousands of parents raised objections about what they characterize as the library system advancing LGBT content to young children. Those supporting the restrictions maintain that publicly funded libraries should stay neutral on politically charged and social topics rather than taking sides on controversial issues.
A White House official in the Trump administration attempted to eliminate voting machines utilized across more than half of American states by exploring whether federal agencies could classify their parts as threats to national security, according to two individuals with firsthand knowledge of the situation.
Kurt Olsen, a White House adviser and attorney whom Trump assigned to substantiate widely discredited theories about election manipulation, spearheaded the initiative to target machines manufactured by Dominion Voting Systems. The proposal developed as Olsen and colleagues brainstormed methods for federal authorities to assume control of elections from state governments, an approach Trump has publicly discussed.
According to sources, Olsen advocated for a nationwide system requiring hand-counted paper ballots, which Trump has frequently demanded but election security specialists warn could be less precise and more vulnerable than existing machine systems with verifiable paper records used by nearly all municipalities and states.
The machine exclusion plan, being reported for the first time, advanced sufficiently that Commerce Department officials began examining possible justifications for implementation in September, three additional sources revealed. However, the initiative ultimately failed because Olsen and collaborating administration staff members could not supply evidence supporting such action, two sources indicated.
This incident represents part of an extensive Trump administration effort to infringe upon state and local governments’ constitutional authority to conduct elections – a power granted to prevent executive branch power seizures. Olsen is collaborating with the nation’s leading intelligence and law enforcement organizations to pursue vote manipulation allegations.
A previous investigation found that administration officials and investigators across at least eight states have requested confidential documents, demanded voting equipment access, and reopened voter fraud cases that courts and bipartisan examinations have dismissed. Trump and Republican supporters are also advancing unprecedented strategies to redraw electoral districts ahead of schedule to gain advantages in November’s midterm congressional races.
The two sources stated that Olsen, whom Democratic senators are attempting to remove from his position, intended to invalidate machines before the midterm elections.
Paul McNamara, a senior aide to Trump’s intelligence chief Tulsi Gabbard, and Brian Sikma, a special assistant working on Trump’s Domestic Policy Council, participated in the discussions, one source with direct knowledge reported. Olsen has maintained close cooperation with Gabbard’s Office of the Director of National Intelligence.
During early summer, McNamara requested Commerce Department officials to evaluate potentially designating chips and software as national security risks, the two sources said.
McNamara led an intelligence office task force that collaborated with administration officials to examine voting machine vulnerabilities. The sources reported McNamara discussed the matter with senior Commerce Department officials under Secretary Howard Lutnick.
Whether Lutnick participated in or knew about these conversations could not be determined.
A Commerce Department representative stated Lutnick never met with McNamara or discussed election integrity matters and did not “engage in the topic at all.” The spokesperson refused to comment on potential involvement by Lutnick’s office or other officials.
Olsen, McNamara and Sikma did not respond to interview requests.
Democrats and election integrity specialists express concern that, with Republicans anticipated to experience midterm losses, the administration seeks to suppress voting and establish groundwork for challenging defeats with additional unfounded fraud claims.
The U.S. Election Assistance Commission reported last year that over 98% of American election jurisdictions already generate paper records for every vote. These votes are primarily cast on machines producing paper records or hand-marked but electronically counted ballots. Election security experts widely endorse the current technology and paper ballot combination, which creates voter-verified trails for post-election reviews.
Hand-marked, hand-counted ballot supporters argue they eliminate hacking risks. However, they present different dangers, explained Alex Halderman, a University of Michigan computer science professor, including counting errors and ballot box tampering.
“Changing to hand counting would be chaotic,” he said, “and it might facilitate cheating.”
White House spokesman Davis Ingle described the story’s reporting as selectively leaked and labeled it misinformation.
Olivia Coleman, a spokesperson for Gabbard’s agency, claimed the story contained “inaccuracies and false descriptions” of the agency’s election security work, without providing specifics.
U.S. supply chain regulations grant the commerce secretary authority to limit transactions with technology companies from designated “foreign adversary” nations, including China, Russia, and specifically Venezuela’s former President Nicolas Maduro’s government, whom the U.S. military removed from power in January.
Olsen’s efforts to discover foreign hacking evidence primarily focused on the disproven theory that Venezuelan-controlled code infected machines to steal the 2020 election from Trump, the two sources said.
Numerous investigations and legal proceedings since 2020 have produced no evidence of machine hacking. In 2023, Fox News paid the company $787 million in a defamation settlement over false election rigging allegations.
At least 27 states utilized the machines in 2024, comparable to 2020 numbers. Denver-based Dominion was acquired last October by Liberty Vote USA of Colorado.
Trump continues repeating these allegations, most recently on May 12 when he reposted a six-year-old clip featuring a far-right One America News network host making the false claim that millions of votes were deleted.
In May 2025, Olsen helped direct a federal operation that confiscated machines Puerto Rico used in its 2024 gubernatorial election. Analysis by cyber contractor Mojave Research Inc. later that summer discovered some known vulnerabilities but no Venezuelan-origin code or hacking evidence.
Around the time of McNamara’s Commerce Department discussions, Olsen’s team disassembled some Puerto Rico machines, expecting to find components manufactured by foreign adversary countries, the two sources said.
The team discovered one chip packaged in China by U.S. company Intel. Such chips typically pose no U.S. national security threat. Other chips were packaged in Japan, South Korea and Malaysia, the sources said. Olsen’s teardown report described the chips as ‘East Asian,’ which sources believe was intended to hide the failure to identify security risks.
A September White House meeting to discuss the machines included National Security Council cyber experts, two sources said. The group, including Olsen’s team, discussed whether the equipment contained traces of Venezuelan code, one source said.
Following the meeting, a Commerce Department political appointee asked the department’s office assessing foreign national security risks to technology supply chains to consider options addressing potential voting machine risks, according to three additional sources.
The office examined the matter but took no action, two sources said.
Multiple studies reveal a concerning trend as the number of men pursuing careers in ministry continues to decline nationwide. Data shows that enrollment in Master of Divinity programs has decreased by 14% over the past five years, with Black Protestant denominations experiencing an even steeper drop of 31%. Recent surveys suggest that while religious leaders have mostly bounced back from pandemic-related challenges, a significant portion still contemplate leaving their calling entirely. The shortage has become so severe that some congregations have been forced to either shut their doors permanently or merge with other churches due to the absence of available pastoral leadership.
NEW YORK, May 22 – Wall Street’s remarkable rally could encounter obstacles in the coming days as the exceptional corporate earnings period concludes and market participants grapple with a complex environment of climbing inflation and increasing bond yields.
The S&P 500 index experienced some volatility this week yet stays within 1% of its record peak, posting gains exceeding 8% year-to-date. Strong corporate performance has enabled market participants to overlook challenging elements including elevated yields, climbing oil costs, and the continuing U.S.-Israeli conflict with Iran, according to Anthony Saglimbene, chief market strategist at Ameriprise. However, he noted that “company reporting is kind of done now.”
“Investors are moving beyond the earnings season, and the macro environment is starting to take more center stage,” Saglimbene explained, noting the upcoming shortened trading period due to Monday’s Memorial Day holiday.
Bond market declines have created anxiety on Wall Street. The 10-year Treasury benchmark reached its peak level since January 2025 this week, while the 30-year yield climbed to its highest point since 2007. Rising yields, which occur when bond values decline, create obstacles for equities by applying pressure on valuations and resulting in increased borrowing expenses for both consumers and corporations.
Primary drivers pushing yields upward include inflation concerns and conflict-related energy cost increases.
“Inflation concerns continue to flare,” stated Jim Baird, chief investment officer with Plante Moran Financial Advisors. “You’re seeing upside in long-term Treasury yields that is kind of challenging the bond market and probably puts a practical lid on equities broadly if it persists for some period of time.”
UPCOMING INFLATION DATA
Thursday will bring inflation insights with April’s personal consumption expenditures price index figures. The PCE release, which serves as the Federal Reserve’s preferred metric for its 2% annual inflation objective, comes after concerning readings this month from other consumer and producer price measurements.
“It will be another data point that likely shows that months of elevated oil prices and supply disruptions are starting to feed through into inflation data,” Saglimbene predicted.
Inflation fears are increasingly influencing interest rate projections. Futures trading now reflects possible Federal Reserve rate increases later in 2026. Early this year, markets anticipated more stock-friendly rate reductions.
This week’s released minutes from the Fed’s most recent policy session revealed officials expressing greater worry that price increases during the U.S.-Israeli war on Iran might fuel inflation. More policymakers expressed openness to potentially raising rates.
“At best, I’d say you’re now in more of an extended pause scenario with the potential for a turn to rate hikes later this year if the inflation story continues to heat up,” Baird commented.
Additional economic information next week includes updated first-quarter growth figures and new consumer confidence measurements.
COSTCO, SALESFORCE CONCLUDE IMPRESSIVE Q1
With over 90% of S&P 500 firms having disclosed results, first-quarter earnings overall are projected to have increased more than 28% compared to the previous year, based on LSEG IBES information.
“I would say expectations for earnings and economic growth are pretty high,” noted Scott Wren, senior global market strategist at Wells Fargo Investment Institute. “That’s built into where stock prices are right now.”
Multiple major retailers will announce results next week, including Costco, Best Buy and Dollar Tree, as market watchers seek evidence that higher gas costs might be reducing other consumer purchases. Walmart stock dropped Thursday after the retail giant maintained its cautious annual sales and earnings projections.
Artificial intelligence, a significant factor in stock and earnings advancement, will remain prominent with reports from cloud software company Salesforce and Dell Technologies, a server manufacturer.
Semiconductor company Nvidia, whose performance is viewed as an AI market indicator, Wednesday projected second-quarter revenue of $91 billion, exceeding Wall Street predictions.
Nvidia’s “results help reinforce that robust AI-related spending trends remain intact,” said Brock Weimer, investment strategy analyst at Edward Jones, in written analysis.
The creator of the worldwide Slow Food movement that champions sustainable agriculture and traditional cooking methods has died at age 76 in Italy’s northwestern Piedmont region, according to an announcement from the organization.
Carlo Petrini passed away Friday in his hometown, leaving behind a legacy as what Slow Food described as “a visionary leader and a public intellectual with a profound commitment to the common good, human relationships and the natural world.”
The movement began as Arcigola and emerged from resistance to fast food chains entering Italy. A 1986 demonstration at the Spanish Steps outside a newly opened McDonald’s in Rome marked the beginning of their campaign.
On December 9, 1989, Petrini became president when delegates from more than 20 nations gathered in Paris to sign the Slow Food Manifesto. He served in this role until 2022.
Built on the belief that food should be “good, clean and fair,” the organization expanded rapidly across Italy and eventually reached more than 160 countries. Establishments following these principles display Slow Food stickers featuring the distinctive snail logo, officially known as the Snail of Approval.
Among the movement’s major accomplishments was establishing Terra Madre in 2004, which brought together farmers, fishers, chefs and academics to advance their mission.
Petrini also established the University of Gastronomic Sciences, promoted as the first academic institution focused on comprehensive food and food culture studies. This approach gained official recognition when the Italian government created a Bachelor’s degree in gastronomic sciences in 2017.
The northern Italian university has educated approximately 4,000 food industry professionals from 100 nations, according to Slow Food.
In 2017, Petrini collaborated with the bishop of Verona, Monsignor Domenico Pompili, to create the Laudato Si’ Communities, implementing Pope Francis’ environmental encyclical through approximately 80 local groups.
Among Petrini’s written works are “Slow Food Nation: Why Our Food Should Be Good, Clean and Fair” and “Slow Food: The Case for Taste,” which features a foreword by Alice Waters, a leader in America’s farm-to-table movement.
THE HAGUE, Netherlands — A massive cooking vessel now dominates a small body of water in the heart of the Dutch capital.
The enormous pot, measuring 7 meters (23 feet) in height, floats in front of the renowned Mauritshuis museum, which houses the famous “Girl with a Pearl Earring” painting. This striking installation is one element of a month-long outdoor art showcase called the BlowUp Jubilee, which displays 24 inflatable sculptures throughout the Dutch city’s parks, building facades, and transportation hubs.
Curator Mary Hessing conceived this ambitious project. “What I really wanted to do is show the area and show arts to everybody,” she told The Associated Press.
The Dutch government launched an extensive restoration effort for the Binnenhof complex in 2021, encompassing both the Mauritshuis and the Parliament building. This historic location, with origins tracing back to the 13th century, became off-limits to visitors, prompting city officials to organize artistic programming during the closure period.
The inaugural BlowUp Art showcase in 2022 featured six artists’ creations positioned around the Binnenhof area. Following exhibitions also presented several inflatable pieces, but this 2026 jubilee version brings back all previous installations while introducing additional new works.
“For me it was important to show the real Curacao in this artwork, and that is our parties, our food, and our lifestyle,” artist Eugenie Boon told AP. The 21-year-old creator hails from the former Dutch Caribbean colony, and her piece, Koncha pa dilanti, named after an island board game, depicts imagery from regional daily life.
British artist Steve Messam has gained recognition for his oversized inflatable installations across the United Kingdom, China and The Hague. His creation called Crested, consisting of a cluster of crimson spikes, sits atop a parking structure entrance surrounded by century-old architecture along a tree-covered street.
“The idea was that this piece would hold its own amongst this wonderful architecture that we see around us,” he said.
GOTEMBA, Japan — Fire erupted from a mobile launcher positioned in the peaceful foothills near Mount Fuji this week as U.S. Marines demonstrated a weapons system that’s becoming central to America’s evolving Pacific defense strategy.
The first missile launched from the truck-mounted system cut through the clear sky, its orange trail visible against the blue backdrop. Five additional rockets launched quickly after, followed by a second HIMARS vehicle that emerged from its hidden spot among the evergreen trees, fired six missiles of its own, then disappeared back into cover.
The brief training exercise at Camp Fuji’s east maneuver area represented more than routine military practice — it showcased American military capabilities to Pacific partners as the U.S. works to prevent potential Chinese military action against Taiwan, the independent democracy that Beijing considers its territory and has threatened to seize by force if necessary.
The demonstration also highlighted Washington’s tactical evolution in the Pacific region, changes driven by China’s rapid military advancement and modernization over recent years.
“The U.S. does not want China to invade Taiwan, but it would not be relying on the traditional aircraft carrier-based attack wings of the past,” said Euan Graham, a senior defense analyst with the Australian Strategic Policy Institute.
“In Iran, with the U.S. conflict there, there were over 40 U.S. aircraft, manned and unmanned, either destroyed or damaged against a much less capable adversary, so in the case of conflict with China that vulnerability would be much greater,” he said. “That’s why we’re seeing the U.S. emphasizing … these smaller units.”
The Pentagon’s most recent annual congressional report states the objective is to “deny the ability of any country in the Indo-Pacific to dominate us or our allies.” The document emphasized strengthening deterrence “through strength, not confrontation.”
The HIMARS system’s purpose is clear from its complete designation: “High Mobility Artillery Rocket System.” This truck-based rocket launcher can remain concealed from aerial surveillance, move into position to launch its GPS-guided projectiles, then rapidly relocate using military tactics known as “shoot-and-scoot.”
“It depends on the crew, but it can get as fast as four minutes, (even) two minutes sometimes,” said Sgt. Kevin Alvarez, section chief of one of the two Fox Battery, 3rd Battalion, 12th Marines, 3rd Marine Division HIMARS involved in the Camp Fuji exercise.
While the HIMARS entered service approximately two decades ago and saw action in Iraq and Afghanistan, it remained relatively obscure to civilians until Ukraine successfully employed it against Russian forces.
Recent conflicts, particularly the widespread use of battlefield drones that can rapidly locate stationary artillery, have highlighted the importance of mobility, according to Lt. Col. Ryan Anness, commander of the 3rd Battalion.
“They’re much quicker, much faster, and much easier to hide than, say, traditional cannon artillery, and obviously having the precision fire weapons and having the ability to hide easier is why so many countries, and why it’s important for us, to have the HIMARS,” he said.
The system can launch various missile types. Ukraine initially received only shorter-range ammunition before the U.S. approved the ATACMS, or Army Tactical Missile System, which can strike targets approximately 300 kilometers (180 miles) away.
During the early stages of the war against Iran following the U.S. and Israeli attacks on Feb. 28, HIMARS fired both ATACMS and the longer-range Precision Strike Missiles in their first combat use, destroying “multiple” Iranian naval vessels and a submarine in port, according to Air Force Gen. Dan Caine, chairman of the Joint Chiefs of Staff.
The PrSM can engage targets beyond 500 kilometers (310 miles), manufacturer Lockheed Martin reports.
Combined with the Army’s Typhon — another truck-mounted launcher that fires longer-range Tomahawk missiles but offers less mobility than HIMARS — these systems could effectively cover both the Taiwan Strait separating Taiwan and China, and the strategically vital Luzon Strait between the Philippines and Taiwan, if positioned on Taiwan and surrounding Philippine and Japanese islands, Graham explained.
Both waterways would play crucial roles in any Chinese invasion or blockade scenario.
“In advance of a conflict around Taiwan, there would likely be a large-scale outflux of U.S. assets within the envelope of China’s missile capabilities,” Graham said. “All that would be left is submarines, which are more survivable, and small units based on rugged survivability — mobile systems like the HIMARS.”
Wednesday’s Camp Fuji training employed practice rockets — concrete-filled tubes without explosives — and followed rigorous safety protocols while Japanese military officials observed. Local authorities closed a nearby road during the exercise as a precautionary measure in case any projectiles fell short of their targets.
Despite the safety measures that required conducting the live-fire drill more slowly than combat conditions would allow, Lt. Col. Anness emphasized its importance for both Marine training and allied relationships.
“Being able to have long-range precision-fire weapons provides deterrence here in the Pacific, and we train with our Japanese partners as much as we can to make sure we’re ready,” he said.
NEW YORK — During a 2016 presidential debate when Hillary Clinton criticized Donald Trump for paying almost no federal taxes, his response was simple.
“That makes me smart,” Trump declared.
Following that reasoning, Trump appears even more clever today.
The Internal Revenue Service announced Tuesday it would abandon all ongoing investigations into Trump regarding potential tax compliance issues to resolve a legal dispute the president filed over leaked tax documents. This settlement potentially covers a lengthy audit examining tax strategies Trump allegedly employed that could have resulted in roughly $100 million in penalties if violations were discovered.
Trump has consistently maintained his innocence and criticized the IRS investigation as having political motives, though he hasn’t offered evidence to support this claim.
Since IRS audit information remains confidential, determining the validity of either party’s position is impossible. However, tax professionals describe the resolution of the president’s case against the federal tax agency as highly irregular.
Trump filed suit against the IRS, creating an extraordinary situation where he challenged an agency under executive branch oversight — an uncommon action that may be without precedent, according to experts. The agency then made another unusual decision by granting him protection from future investigations.
The settlement resolving Trump’s $10 billion legal action concerning the 2018 disclosure of his tax documents to The New York Times includes language stating the U.S. government is “forever barred and precluded” from investigating or pursuing Trump, his sons, and the Trump Organization regarding current tax filings, based on a single-page document made public Tuesday. This provision was quietly incorporated into an initial agreement creating a $1.8 billion compensation fund for individuals Trump believes faced improper government scrutiny.
Tax professionals express amazement at the comprehensive protection this immunity provides the president and suggest it may damage public trust in tax system equity.
“This is an unprecedented remedy,” stated former IRS Commissioner Daniel Werfel, emphasizing that Trump should receive identical treatment as other Americans. “People expect the same tax rules and enforcement framework to apply to everybody.”
The IRS investigation focused on potential double-counting of tax reductions by Trump, based on a 2024 investigation by The New York Times and ProPublica — particularly whether he applied identical losses from his Chicago tower development to reduce taxes multiple times in subsequent filings, which violates tax regulations.
The investigation indicated Trump might owe over $100 million, including financial penalties, if the audit concluded against him.
The Justice Department has now decided to “wipe his slate clean,” according to tax specialist Brandon DeBot, who characterized this as an “extraordinary action” given its implications for the nation.
“The president and his affiliates might not pay the taxes they should,” DeBot explained, serving as policy director at New York University’s Tax Law Center. “This is giving the president and his affiliates completely different set of rules than everyday taxpayers.”
The protection proves particularly valuable for Trump. His business empire encompasses hundreds of individual entities, creating complex tax documentation. He’s also known for aggressive tax reduction strategies that some professionals view suspiciously — and in at least one instance was later deemed improper.
Following the financial collapse of his Atlantic City gambling establishments amid substantial debt during the mid-1990s, Trump reported approximately $1 billion in losses to reduce his tax obligations, despite creditors having canceled hundreds of millions in outstanding debt. Trump maintained the debt wasn’t technically canceled since he had traded ownership stakes in the failed casino operations for debt relief — a tax strategy Congress subsequently prohibited as an abusive loophole.
Using this method along with additional tax shelters and write-offs, Trump paid only $750 in federal taxes during 2016 and 2017, and nothing in 2020, according to a congressional review following his initial presidency.
While suggesting he might now make his tax returns public, Trump has previously declined, claiming ongoing IRS audits prevent disclosure — though no legal requirement prohibits such release. Previous presidents have voluntarily shared this information for decades, and all have undergone tax audits as standard IRS procedure.
This audit requirement started in the late 1970s during post-Watergate reforms targeting presidential misconduct after Richard Nixon was discovered claiming questionable deductions — including donating his personal documents — resulting in significant underpayments. During one presidential year, he paid merely hundreds of dollars.
When questioned about his tax strategies, Nixon famously responded, “I am not a crook.” He subsequently accepted the IRS conclusions and paid hundreds of thousands in additional taxes.
Trump’s IRS agreement addresses only current audits, not future reviews, meaning the president and his family remain subject to potential scrutiny for any alleged violations in upcoming tax filings.
Portions of the settlement face legal challenges.
Law enforcement officers who protected the U.S. Capitol from Trump’s supporters on January 6, 2021, are contesting the compensation fund. They’ve filed suit to prevent anyone — including the rioters — from receiving payments.
Legal experts anticipate the tax immunity will also face court challenges.
“This is the president trying to play every role in the system, acting as plaintiff, defendant, and his own judge and jury to extract extraordinary windfalls,” New York University’s DeBot observed, noting that providing extensive immunity “stretches beyond what DOJ actually has authority to do.”
WASHINGTON, May 22 – Kevin Warsh begins his role as Federal Reserve chairman Friday, stepping into the position at a critical time for the nation’s economy and monetary policy decisions.
The 56-year-old secured the position after a lengthy selection process that saw him compete against other candidates over the course of a year. President Donald Trump will conduct the swearing-in ceremony at 11 a.m. ET at the White House.
Warsh assumes leadership as the central bank grapples with multiple economic challenges. Artificial intelligence technology is rapidly transforming the economy in ways that Fed officials acknowledge will significantly impact workers, businesses and consumers, though the full effects remain difficult to predict.
Meanwhile, inflation continues to run high and may climb further as the economy deals with various pressures. Oil prices have surged past $100 per barrel due to the U.S.-Israeli conflict with Iran, while high import tariffs and rising utility costs linked to AI expansion are adding to price pressures.
The new Fed leader previously served as a governor until 2011, when he resigned in protest of the Fed’s bond-buying programs. He has outlined ambitious reform plans for the central bank, which he believes had lost direction during his absence.
However, his immediate focus may center on a more urgent challenge: determining whether to increase interest rates to prevent inflation from climbing further above the Fed’s 2% goal, or risk his reputation as an inflation fighter from the start.
“Inflation is the Fed’s choice,” Warsh stated during his Senate confirmation hearing, referring to the central bank’s ability to influence spending through short-term interest rate adjustments. The Fed has failed to meet its inflation target for over five years and currently sits more than a percentage point above that goal.
Bringing inflation under control often requires difficult decisions that may clash with the Trump administration’s policies and goals, as well as the Fed’s employment objectives. From his first day in office as the Fed’s 11th chairman, Warsh will face scrutiny from multiple directions.
Global bond markets have begun pushing interest rates higher, signaling growing inflation worries. His fellow Fed officials have already begun suggesting that rate increases may be necessary. Additionally, Trump has previously criticized rate hikes as attacks on his economic agenda and harshly condemned outgoing Fed Chair Jerome Powell for not reducing borrowing costs.
Observers will closely monitor Warsh’s statements and approach to Fed-related controversies, including an upcoming Supreme Court ruling on Trump’s unsuccessful attempt to remove Governor Lisa Cook. His stance will be compared to Powell’s strong defense of Fed independence.
The policy discussion is already intensifying, with Fed Governor Christopher Waller, who was also considered for the chairman position, scheduled to speak about his policy perspectives Friday before Warsh’s ceremony.
Waller, a longtime Fed staff member who has become an influential policy voice since joining the board, has grown increasingly cautious about rate reductions as inflation concerns mount. Any further shift toward a more restrictive stance could reshape market expectations that the Fed may need to raise rates in coming months or maintain current levels for an extended period.
Trump’s relationship with Powell deteriorated quickly after appointing him chairman in 2018. The president has labeled Powell “too late” for failing to cut interest rates while tariffs and energy costs kept inflation elevated this year. Recent comments suggest Trump may be giving Warsh more time to prove himself.
The Fed’s next policy meeting is scheduled for June 16-17, when officials will vote on interest rates and release new economic forecasts.
One of Warsh’s first major decisions will involve whether to submit his projection for where interest rates should be by year’s end. This choice will reveal whether his views align with the colleagues he has criticized for “groupthink,” or if he will take contrarian positions that could further unsettle markets already driving up long-term U.S. interest rates.
The Fed’s monetary policy choices affect numerous consumer and politically sensitive rates, including home mortgages. Its inflation decisions now occur against a backdrop of sticker shock from items like $4.50-per-gallon gasoline that lie beyond its direct control.
These visible price increases serve as reminders of Trump’s limited progress on his campaign pledge that “starting on day one, we will end inflation and make America affordable again.” That promise now rests largely in Warsh’s hands to fulfill.
The chief executive of Standard Chartered bank has issued an apology to employees after his controversial statements about artificial intelligence taking over jobs from workers he described as having less value.
Bill Winters expressed regret for the distress his words caused to staff members, though he did not withdraw his original statements made on Friday.
Banking executives have recently become more direct about anticipated workforce reductions as artificial intelligence streamlines routine operations, moving away from earlier messaging that focused solely on enhanced productivity.
Writing on LinkedIn, Winters acknowledged receiving questions about his word choice, stating “which I know has caused upset to some colleagues. For that I am sorry.”
This marks his second attempt to address the backlash, following an initial response that reinforced his position and detailed the bank’s decision to eliminate roughly 15% of back-office support positions.
During Tuesday’s announcement of nearly 8,000 job eliminations tied to AI implementation, Winters explained: “It’s not cost-cutting. It’s replacing in some cases lower-value human capital with the financial capital and the investment capital we’re putting in.”
In his most recent statement, Winters shared a complete transcript of his original comments, claiming they demonstrated his high regard for employees and included context about the bank “giving every opportunity” to affected workers interested in developing new skills.
According to Bloomberg News reports from Thursday, financial regulators in Hong Kong and Singapore have requested additional information from the bank regarding Winters’ statements.
A medical missionary from the United States who became infected with Ebola while working in the Democratic Republic of Congo is in stable condition at a German hospital, medical officials announced Friday. The man’s wife and four children have all tested negative for the deadly virus.
Charite university hospital in Berlin reported that while the patient is not in critical condition, medical staff continue to monitor him closely due to the unpredictable nature of the disease. Hospital officials stated he is receiving care in a specialized high-security isolation facility.
“Because the course of the illness can change, he remains under close observation and is receiving treatment,” Charite university hospital said in a statement. “He is being cared for in the high-security area of the specialized isolation unit.”
The man’s family members are showing no symptoms and remain in quarantine in a different section of the medical facility. According to the hospital, initial testing found no evidence of Ebola infection in any of the family members.
The patient’s wife and four children “are currently asymptomatic and quarantined in a separate part of the unit – an initial PCR test detected no Ebola virus infection.”
The Serge Christian mission organization has identified the infected individual as Dr. Peter Stafford, who became ill while providing medical care to patients during an outbreak in the Democratic Republic of Congo. Stafford had been residing in the country with his family while conducting his missionary work.
According to White House officials, the decision to transport Stafford and his family to Germany rather than the United States was made because the European location is 12 hours closer to the Democratic Republic of Congo.
Hospital administrators have worked to make the isolation environment as comfortable as possible for the children involved. The medical facility noted that the young patients can visit with their father by looking through protective glass barriers, and family members are able to talk using intercom systems.
The current outbreak in the Democratic Republic of Congo involves an uncommon strain of the virus and has resulted in more than 130 deaths.
Citigroup intends to focus a substantial portion of its worldwide wealth management recruitment efforts in Asia, where the bank’s private banking operations are expanding more rapidly and delivering stronger performance compared to other global regions, according to the institution’s global wealth head Andy Sieg.
The American financial institution’s recently announced recruitment strategy would be “anchored” in Asia alongside other territories, explained Sieg, who previously managed Merrill Lynch’s wealth operations and was recruited by Citi CEO Jane Fraser in 2023 to oversee a transformation of the wealth division.
The bank intends to recruit approximately 100 private bankers worldwide, along with roughly 400 additional specialists, as part of a comprehensive initiative to enhance profitability in its wealth management operations, Sieg announced during the institution’s investor day presentation earlier this month.
“In the private bank, our business in Asia is the fastest growing part of our private bank,” Sieg stated during an interview in Hong Kong. “It’s the most productive area of the private bank.”
While he chose not to provide specific details about the regional hiring strategy, Sieg noted that “a significant percentage of the hiring will be here in Asia, you know, commensurate with the fact that this is a large percentage of our global business.”
Earlier this month, the bank established a goal for return on tangible common equity for its wealth division of 15% to 20% in 2027 and 2028, with targets exceeding 20% over the medium term. The wealth division achieved a net income increase of nearly 50% to $1.5 billion in 2025 compared to the previous year.
Asia represents a fundamental component of this approach, Sieg emphasized.
The institution’s Asian wealth operations, encompassing Japan, Asia North and Australia, and Asia South, produced approximately $3 billion in revenue in 2025, representing about 35% of the bank’s global wealth revenue, according to the company’s most recent official documents.
Sieg highlighted Indonesia as an excellent illustration of how the bank can assist affluent clients during times of market and policy volatility.
“It’s also complex right now,” he observed. “Markets have been volatile, political and policy changes being announced every few days.”
The bank has maintained its wealth, cards and retail banking services in Hong Kong and Singapore, despite moving in recent years to withdraw from consumer banking in 14 markets throughout Asia, Europe, the Middle East and Mexico as part of Fraser’s plan to streamline the company and concentrate resources on higher-return operations.
The institution is working to boost revenue from current clients, having integrated retail banking into the wealth division in the United States during the first quarter.
“Jane and the board, they will not be satisfied with a business which is only marginally advanced from where we are today,” Sieg remarked.
“They expect us to build an industry leader in wealth management.”
According to a Friday report from Axios, the Trump administration is relocating immigration attorneys on a temporary basis to the Justice Department to accelerate initiatives aimed at removing citizenship from naturalized Americans.
Reuters has not been able to independently confirm this development.
A weekly news quiz is making the rounds, testing people’s awareness of recent developments in current events and social media trends.
Among the featured topics is a phenomenon known as the ‘tarps off’ movement that has gained traction among men on social platforms. The quiz promises to explain what this trending behavior involves.
The quiz also covers additional subjects including political races, legal disputes involving artificial intelligence technology, stories about extinct species, and international entertainment competitions.
An accompanying image shows three individuals identified as Dara, Sam Altman, and Heidi Montag, though their connection to the quiz topics is not specified in the available information.
Pat Gentile faced a moment of uncertainty as her hair began returning after completing chemotherapy treatments for breast cancer. The prospect of heading to work without wearing her wig for the first time filled her with anxiety.
During this vulnerable period in 2010, an unexpected interaction with someone she had never met at a local convenience store provided the boost of confidence she desperately needed. The stranger’s kind words helped her feel both normal and acknowledged during her recovery process.
This chance encounter became a turning point for Gentile, demonstrating how a simple gesture from an unknown person can have a profound impact on someone navigating the challenges of cancer treatment and recovery.
Good morning, Delmarva! We’re looking at a soggy Friday across the peninsula as a persistent weather system brings steady rain showers to the region. Expect cloudy skies with temperatures reaching a mild 62 degrees, while east winds blow at 10 to 15 mph. There’s an 80% chance of precipitation today, so definitely grab that umbrella before heading out. We could see between a tenth and quarter inch of new rainfall.
Tonight, the rain continues with temperatures dropping to a comfortable 51 degrees – perfect sleeping weather if you enjoy the sound of raindrops!
Looking ahead to your Saturday, conditions will intensify as we transition from simple showers to showers and thunderstorms. Highs will remain steady around 61 degrees, and those storms will persist into Saturday night with lows near 55.
This is certainly a weekend to plan some indoor activities! Stay dry out there, Delmarva, and we’ll see you back here tomorrow with your weekend weather update!
PHOENIX (AP) — Sandra Ramirez felt immediate regret as she watched news coverage of immigration enforcement raids targeting migrants throughout the past year, realizing her decision to vote for Donald Trump in 2024 had been wrong.
“There are a lot of people who are being harassed for the color of their skin, and that’s not right,” said Ramirez, who broke from her Democrat-voting family to cast a ballot for Trump.
“I’ll never go Republican again,” she said.
Trump successfully attracted Latino voters such as Ramirez in the 2024 election cycle, securing backing that contributed to his return to the White House for a second presidency.
With Republicans preparing for upcoming midterm elections this fall and planning for the 2028 presidential race, political observers are closely watching whether the party can maintain this crucial voter base or if the current administration’s extensive immigration enforcement efforts and an economy struggling with elevated costs will push Latino voters back to the Democratic Party.
Warning signs are emerging, as new data from the Pew Research Center indicates Trump’s standing among this voting bloc is declining rapidly.
While Latino voters have traditionally favored the Democratic Party, they moved notably toward Trump during the 2024 campaign. Though a majority continued backing Democrat Kamala Harris for president, Trump achieved substantial progress: 43% of Latino voters nationwide chose him, up from 35% in the 2020 presidential race, a shift partly linked to economic worries.
Trump began his second presidency with commitments to intensify immigration enforcement, a pledge that has resulted in detention operations targeting Latino migrants in residential areas, job sites, and educational facilities, among other locations. Data from an AP-NORC poll reveals that over half of Latino adults know someone affected by the Trump administration’s intensive immigration policies.
More than a year into Trump’s second presidency, surveys indicate substantial erosion in his support among Latinos who backed him in 2024, though a majority continues to approve of his performance.
A Pew Research Center survey from April found that presidential approval among non-Latino voters decreased from 95% to 79% between February of last year and April of 2026. However, among Latino voters who supported Trump, the decline was sharper: 66% endorsed his job performance in April versus 93% at his second term’s start.
This nationwide decline could be decisive in competitive elections within swing counties such as Maricopa, the country’s largest battleground county, which includes Phoenix and surrounding areas. One-third of Maricopa County’s population is Latino, with 25% of them being immigrants, data from the Latino Data Hub at the University of California, Los Angeles shows.
Arizona, which experienced a modest rise in Latino backing for Trump in 2024, has remained central to immigration policy debates for years. Maricopa County Sheriff Joe Arpaio led prominent enforcement actions in Latino communities, and later, the state experienced significant migrant arrivals during the Biden presidency.
During a pleasant afternoon in south Phoenix’s primarily Latino community, a vendor at a local street festival offered shirts featuring designs like “Lowriders Sunday” while car enthusiasts cleaned their Chevrolets. The adjacent Catholic church’s parking area was packed with worshippers attending Spanish-language Sunday services.
Albert Rodriguez, a Phoenix tattoo artist, said he previously backed Trump. However, his perspective changed after witnessing how the administration conducted enforcement activities in Chicago, Minneapolis and Los Angeles.
He said the president promised to go after immigrants who were criminals, but instead Immigration and Customs Enforcement agents have been “hitting the paleta man,” referring to ordinary people trying to make a living from selling frozen treats.
“Big time, I regret it,” Rodriguez said of his 2024 vote for Trump.
Phoenix resident Ronnie Martinez, an Army veteran, backs Trump’s effort to stem crossings at the southern border.
“The border is only a hop, skip and a jump to our south. And I don’t want illegal alien criminals coming from Guatemala, Venezuela, Central America,” he said.
He didn’t like some of the images he’d seen of ICE arresting people in front of their children. But he was also sympathetic to ICE officers, who he said were doing the best they could in difficult situations, and he blamed Democratic officials who weren’t cooperating with immigration enforcement. He also cited economic initiatives as a reason for his continued support for the president, including the removal of taxes on tips and overtime.
Guadalupe Alaffa, another Phoenix resident, blamed President Joe Biden’s policies for prompting Trump’s immigration crackdown.
“He left that damn border wide open,” said Alaffa.
The expanding political power of Latino voters represents one of multiple elements that have weakened the GOP’s long-standing control in Arizona, positioning the state as central to both congressional and presidential contests. Both Arizona senators are currently Democrats, as are the state’s top three executive officials.
Recapturing some Latino voters who switched to Trump will be essential for the reelection campaigns of Gov. Katie Hobbs, Secretary of State Adrian Fontes and Attorney General Kris Mayes, all Democrats initially elected in 2022.
Maricopa County Democrats have gained from more than ten years of political outreach among Latinos organizing against strict immigration enforcement policies. The Republican-controlled Legislature in 2010 passed a state law known as SB1070, which required police to check the immigration status of anyone they suspected of being in the country illegally.
During the same period, Sheriff Arpaio was establishing a national reputation among conservatives through immigration operations in predominantly Latino communities.
Some activists view the current nationwide immigration enforcement as a continuation of what Latinos in Arizona experienced under Arpaio.
“We were the lab where they implemented a lot of this with Sheriff Joe and now it’s all over the United States,” said Salvador Reza, a longtime activist in Phoenix who advocates for the rights of day laborers.
For more than twenty years, Arpaio won repeated elections while his department faced allegations of racially profiling Latino drivers and conducting sweeps in Latino neighborhoods and day labor areas. Deputies often stopped residents for traffic violations and turned noncitizens over to ICE, according to rights groups.
In 2013, a federal judge ruled his office had illegally profiled and detained Latinos, and a 2011 Justice Department report found widespread discrimination. After losing reelection in 2016, Arpaio was convicted of criminal contempt for defying court orders. He was later pardoned by Trump.
The GOP faces the possibility of losing some Latino voters that Trump attracted, said former Republican Gov. Jan Brewer, who signed the controversial 2010 bill. She pointed to economic issues as a potential factor in declining support.
“With the inflation and the cost of living and the gasoline and the wars, I don’t know if they can afford to be a Trump Republican,” Brewer said.
Earl Wilcox, a longtime activist and restaurant owner in Phoenix, said between affordability issues and immigration enforcement, he believes Latino support for Trump is waning. Wilcox’s restaurant hosted Biden in 2024 when he launched an initiative meant to rally Latino support for the Democratic ticket.
“I don’t think the Republican Party will have the support it did the second time around,” Wilcox said, “and I think it started with the raids.”
Political tensions escalated in Turkey on Friday as the country’s main opposition movement refused to accept a controversial court decision that removed its current leadership and reversed the results of its 2023 party convention.
An appeals court cited unidentified procedural violations in the Republican People’s Party’s (CHP) 2023 congress and restored former chairman Kemal Kilicdaroglu to his previous position, replacing current leader Ozgur Ozel. Kilicdaroglu, a polarizing political figure, had previously been defeated by President Tayyip Erdogan in elections held earlier that year.
The opposition party denounced the court’s decision as a “judicial coup” and Ozel pledged to challenge the ruling through legal channels while personally staying “day and night” at the main opposition party’s headquarters in Ankara.
Political analysts view this situation as a crucial examination of Turkey’s fragile relationship between democratic governance and authoritarian control. The court’s action could potentially reignite anti-Erdogan demonstrations while also creating internal opposition conflicts that might benefit Erdogan’s efforts to maintain power in Turkey, an important NATO member nation and developing economy.
Financial markets responded negatively to the escalating political turmoil, with Turkish investments declining and the lira reaching a historic low. This prompted the central bank to deploy billions in foreign currency reserves to stabilize the situation.
Vice President Cevdet Yilmaz, addressing the situation from Istanbul on Friday, dismissed what he characterized as “daily developments” in financial markets, stating Turkey would maintain its commitment to implementing its economic strategy.
According to Berk Esen, a political scientist at Sabanci University, the court’s action “marks an unprecedented development in our administrative law and political history.” He added, “If upheld, it would open the door for courts to determine party leadership, with no comparable example in Turkey’s electoral system since 1946.”
Other opposition groups condemned the ruling as undemocratic, while Devlet Bahceli, a nationalist leader and important Erdogan supporter, indicated that the judicial system should avoid interfering in party internal affairs.
The CHP, established by modern Turkey’s founder Mustafa Kemal Ataturk, has also encountered an extraordinary legal offensive in which hundreds of party members and elected representatives have been arrested since 2024 on corruption and various other accusations that the party rejects.
Istanbul Mayor Ekrem Imamoglu is among those imprisoned. He serves as Erdogan’s primary political opponent and the CHP’s presidential nominee for an election scheduled for 2028, though recent court developments suggest it may occur sooner.
Erdogan confronts presidential term restrictions and can only seek reelection if an early election is scheduled or if constitutional changes are made. His administration rejects accusations of using courts against political opponents, maintaining that the judiciary operates independently.
The CHP, which polls show running approximately equal with Erdogan’s governing AK Party (AKP), declared the court ruling invalid and submitted an appeal to the Supreme Election Board (YSK), which they claim is the sole authority authorized to invalidate a party congress.
While the YSK supervises all elections and party conventions with final authority over its decisions, the court issued its ruling based on association laws – an unprecedented action in contemporary Turkey. The YSK met Friday to review the CHP’s appeal.
Spanish officials are rolling out an employment matching system as part of a comprehensive initiative to provide legal status to roughly 500,000 undocumented workers, aiming to boost the nation’s economic growth, according to the country’s leading immigration official.
The initiative, first revealed in January, has drawn criticism from far-right political figures both within Spain and throughout Europe. However, the Socialist-led coalition administration maintains that immigration will help Spain’s economy continue outperforming other European nations by developing a more youthful labor force as the overall population grows older.
Secretary of State for Migration Pilar Cancela revealed that government offices have processed more than 200,000 applications during the program’s initial month as of last week. She noted that many applicants received temporary employment permits after their submissions were accepted for review.
Cancela described the approach as an intelligent immigration strategy that would strengthen public services and pension systems. Official projections indicate Spain requires approximately 2.4 million additional social security contributors over the coming decade to maintain its welfare programs.
Government agencies, working alongside NGOs and specialized offices, have prepared to handle up to one million applications – double the anticipated volume – and have developed a strategy to assist migrants in securing legitimate employment, Cancela explained.
Research organization Funcas estimates roughly 840,000 undocumented migrants currently work in the informal economy, primarily individuals from Latin America.
The employment matching approach seeks to bring thousands of workers from the underground economy into legitimate positions to address labor shortages in critical industries.
“It’s a huge opportunity to harness the potential of all these people who are already helping to build the country alongside us, often working in precarious conditions,” Cancela stated, noting that “real integration” would occur once workers secure formal employment.
The Migration Ministry plans to conduct voluntary surveys of individuals receiving provisional work permits to assess their abilities and employment preferences.
Officials are collaborating with industry organizations in construction, tourism, transportation and care services to evaluate workforce needs and connect with legalized migrants seeking employment opportunities.
A study from Esade Business School cautioned that a similar migrant legalization effort in 2005 resulted in some employment losses within the informal sector. Researchers recommended enhanced labor inspections and support programs to facilitate the transition to legitimate work.
Cancela confirmed the ministry’s strategy will include expanded labor monitoring efforts.
“I think it’s also a major opportunity to bring certain situations to light, because when people come forward in the regularisation process, we will learn about their circumstances,” she explained.
NAIROBI, Kenya (AP) — Transport operators across Kenya have ended their countrywide work stoppage on Friday following a weeklong suspension that allowed for negotiations regarding escalating fuel costs.
The labor action earlier this week on Monday and Tuesday sparked demonstrations that turned deadly when law enforcement opened fire with live rounds on protesters, resulting in four deaths and injuries to more than 30 people.
Following a Friday meeting between the operators and President William Ruto, the group announced they would not restart their strike after the president committed to lowering diesel costs during June’s scheduled monthly fuel price adjustment.
The president turned down suggestions to cut fuel taxation, maintaining that dropping the VAT on fuel from 16% to 8% had already created substantial revenue shortfalls and that additional reductions would harm the government’s ability to provide services.
Earlier this week, thousands of demonstrators filled the streets, setting tires ablaze on main roadways and preventing private cars from traveling. Schools and businesses stayed shuttered as initial government negotiations with transport operators broke down.
The work stoppage was put on hold Tuesday to enable continued discussions between government officials and fuel industry representatives.
The president, who had been traveling abroad during the strike, came back Thursday and began negotiations that led to the agreement for reduced fuel costs in the next monthly assessment.
Fuel costs in Kenya continue to rank among East Africa’s most expensive, even though the nation functions as a major import center for multiple landlocked countries that depend on Mombasa Port and overland transportation systems.
Opposition leaders have attributed the elevated prices to corruption and what they characterized as unreasonable profit margins by business operators.
KATHMANDU, Nepal (AP) — An experienced Mount Everest guide who achieved his 32nd successful summit this week, setting a new world record, called on officials Friday to impose restrictions on the number of climbers attempting the ascent.
Climbing numbers on the 8,849-meter (29,032-foot) mountain from Nepal’s side have increased this season after China shut down access from Tibet. The world’s tallest peak can be approached from Nepal’s southern route or China’s northern path.
This past Wednesday saw 274 climbers successfully reach the top, marking the highest single-day total from Nepal’s approach. Nepal’s mountaineering officials have granted permits to 494 climbers, with an equal number of Sherpa guides supporting their expeditions.
“It was very crowded this year compared to last year because there was more clients,” Kami Rita Sherpa said to media at Kathmandu airport following his return flight from the mountain. “There is a need for authorities to control this number.”
Weather conditions suitable for summit attempts occur only during brief periods. When large groups wait in the fixed rope system that all climbers must use, the risk of dangerous bottlenecks increases while exposing everyone to prolonged exposure to severe conditions.
Kami Rita’s nearest rival, Pasang Dawa Sherpa, completed his 31st summit Friday, marking his second successful climb this week.
The 56-year-old Kami Rita made his initial Everest ascent in 1994 and has returned almost annually since then. He represents one of numerous Sherpa guides whose knowledge and abilities are essential for the safety and achievement of international climbers seeking to reach the mountain’s summit each year.
His father served as one of the earliest Sherpa guides. Beyond Everest, Kami Rita has conquered additional peaks ranking among the world’s tallest, including K2, Cho Oyu, Manaslu and Lhotse.
Shares of enterprise software company Workday surged almost 12% in premarket trading Friday following the firm’s announcement of first-quarter financial results that exceeded Wall Street expectations, helping to calm investor anxiety about artificial intelligence competitors like Anthropic potentially threatening established software companies.
The Pleasanton, California-based firm reported subscription revenue growth of 14.3% reaching $2.35 billion, with Chief Commercial Officer Rob Enslin noting that new business acquisitions accounted for 40% of this increase.
Despite the strong performance, Workday maintained its existing annual subscription revenue projections.
“We are not sure these results will be a thesis changer but provide comforting data points nonetheless,” said Barclays’ analysts.
The company’s shares have declined more than 43% so far this year, while the broader S&P 500 software and services index has dropped approximately 14% during the same timeframe.
To stay competitive, Workday has been incorporating artificial intelligence capabilities throughout its platform, including introducing Sana, its conversational AI feature, in March.
Total quarterly revenue reached $2.54 billion, surpassing the analyst consensus estimate of $2.52 billion compiled by LSEG. The company’s adjusted earnings per share of $2.66 significantly exceeded analyst projections of $2.51.
“We believe Workday is relatively insulated from AI disruption due to its 80 million users, strong retention, and status as a system of record,” said analysts at Jefferies.
The company’s 12-month forward price-to-earnings ratio stands at 10.93, compared to competitor Salesforce’s ratio of 12.8.
A fatal blast at a petrochemical facility in eastern Hungary has claimed one life and left several workers with serious injuries, according to company officials who released details Friday.
The deadly incident took place at MOL’s industrial complex in Tiszaujvaros, where Hungarian oil and gas group MOL operates major chemical production operations.
Prime Minister Peter Magyar announced on Facebook that economy minister Istvan Kapitany and MOL’s executive chairman Zsolt Hernadi were traveling to the facility. Magyar shared an image displaying massive dark smoke pouring from the industrial site.
“An explosion occurred at MOL Petrochemicals’ site in Tiszaújváros during the restart of the Olefin 1 plant. The fire was localised by firefighters, and the intervention is still ongoing,” MOL said.
Company officials stated that investigators are examining what led to the deadly incident, though they declined to provide additional information about the circumstances.
Kapitany wrote on Facebook that preliminary reports indicate a compressor unit exploded while workers were bringing the Olefin 1 facility back online, and emergency crews were still working to extinguish the blaze.
The affected Olefin 1 facility operates as a steam cracker unit within MOL’s larger petrochemical complex in Tiszaujvaros. This particular plant can produce roughly 370,000 metric tons of ethylene annually. The Tiszaujvaros site houses two steam cracking facilities with combined ethylene production capacity of 660,000 metric tons yearly, based on MOL’s corporate website.
The company primarily uses its ethylene production for creating polyethylene plastics, which are then distributed to plastics and packaging manufacturers.
Russian authorities reported Friday that a nighttime drone strike by Ukrainian forces on a student residence hall in Russian-occupied Luhansk resulted in at least four deaths and injuries to 35 children.
Reuters could not independently confirm the incident, and Ukrainian officials had not immediately responded to the allegations. Ukraine continues its efforts to reclaim Luhansk, which Russia declared as its territory in 2022 in what Ukraine condemned as an unlawful seizure.
Russia’s Human Rights Commissioner, Yana Lantratova, stated that 86 students between the ages of 14 and 18 were asleep at the Starobilsk college of Luhansk Pedagogical University when the drone assault occurred.
“The Ukrainian armed forces carried out a targeted strike on sleeping children,” Lantratova said in a statement.
The top Russian-appointed administrator in Luhansk, Leonid Pasechnik, reported that two individuals had been rescued from the wreckage while emergency crews continued searching for children believed to be trapped under the debris.
Images and footage distributed by Russian officials depicted rescue teams carrying a man from the destruction on a stretcher, buildings with extensive damage including what appeared to be a partial collapse, and ongoing fires.
Global financial markets continue facing uncertainty from diplomatic tensions as the Iran conflict enters its third month without a clear end in sight, according to a May 22 analysis.
Multiple central banks are preparing their next policy decisions while inflation data creates mounting pressure on U.S. and Japanese officials.
Economic Strain Becoming More Visible
Beyond the strength of technology stocks, economic stress from the conflict is becoming increasingly apparent across multiple sectors.
Asian currencies are declining, European economic activity is weakening, and major global bond markets face renewed pressure. U.S. Treasury borrowing costs for 30-year bonds reached their highest levels since 2007 during the current week.
Bond market participants expect central banks will struggle to ignore inflationary pressures created by a conflict that has closed the Strait of Hormuz. Additional government spending to protect consumers could worsen debt problems, a concern Japan has highlighted.
While Europe experienced the worst bond market decline in March, U.S. Treasuries are now showing the most stress, creating challenges for the new head of the U.S. Federal Reserve.
Turkish Political Turmoil
Turkey has returned to investors’ concern lists after a court decision effectively removed main opposition leader Ozgur Ozel from power.
The legal case represented a crucial test of Turkey’s fragile relationship between democratic and autocratic governance, with the ruling potentially strengthening President Recep Tayyip Erdogan’s position for continued leadership.
Financial markets have responded negatively, with stocks falling sharply and the lira hitting new record lows.
Turkey’s central bank, which stopped lowering interest rates due to the Iran conflict’s impact on the energy-dependent economy, has already spent billions in foreign currency to manage the crisis.
Several central banks have upcoming meetings this week. Israel is expected to reduce rates by a quarter point to 3.75%, as the shekel’s 20% increase over the past year has helped control war-related inflation seen elsewhere.
Hungary’s new government following Viktor Orban is likely to maintain rates at 6.25% on Tuesday. Sri Lanka and New Zealand are expected to keep their rates unchanged at their Tuesday and Wednesday meetings respectively.
South Korea’s central bank should maintain rates at 2.5% Thursday despite increasing discussion of rate increases, while South Africa may raise rates by 25 basis points due to rapidly rising inflation.
U.S. Inflation Focus
Thursday will bring new U.S. inflation data through the April personal consumption expenditures price index, which the Federal Reserve uses as its primary inflation measure.
Recent reports have shown elevated consumer and producer price levels as energy costs continue rising.
Market analysts will also examine updated first-quarter economic growth estimates and new consumer confidence data.
Financial results from Salesforce, Best Buy and Costco may provide additional insight into artificial intelligence investment trends and consumer spending patterns as a strong first-quarter earnings period concludes.
Japanese Rate Decisions Ahead
The Bank of Japan has been seeking justification to return monetary policy to normal levels, and Friday’s inflation data could provide the support needed for continued policy changes.
Markets increasingly expect the BOJ to raise rates next month for the first time since December, following last month’s hawkish policy hold.
Economic forecasters predict Tokyo’s core consumer price index increased 1.5%, matching April’s reading and serving as a key national indicator. This would represent the slowest growth in four years, though government subsidies designed to offset Middle East crisis impacts have complicated the underlying trend.
Analysts ultimately anticipate inflation will increase as oil prices stay high and the weak yen raises import costs.
AI Job Impact Warnings
Artificial intelligence’s potential disruption to financial sector employment gained attention after Standard Chartered announced plans to eliminate nearly 8,000 positions by replacing what CEO Bill Winters described as “lower-value human capital” with technology.
Winters later stated that changes would be implemented thoughtfully and carefully, but his comments highlighted the approaching disruption from technology capable of processing massive amounts of data and completing tasks previously performed by humans.
JPMorgan CEO Jamie Dimon and HSBC’s Georges Elhedery have also warned about employment changes due to AI implementation.
Changes appear already underway, with a recent Morgan Stanley survey revealing that 11% of bank positions have been eliminated due to AI and 14% have not been replaced, though new hiring has reduced the overall job losses.
Additional planning and implementation are expected in coming weeks, including both operational decisions and public relations strategies.
U.S. Secretary of State Marco Rubio stressed the importance of mutual benefit within NATO partnerships during remarks made Friday before alliance discussions in Helsingborg, Sweden.
Speaking ahead of the NATO gathering, Rubio indicated the Swedish meeting would help establish the foundation for the upcoming NATO leaders summit planned for Ankara, Turkey later this year.
“Like any alliance, it has to be good for everyone who’s involved. There has to be a clear understanding of what the expectations are,” Rubio said.
The Secretary of State also addressed Middle East tensions, stating that any Iranian tolling system implemented in the Strait of Hormuz would not be acceptable.
The proliferation of data centers throughout Texas is placing unprecedented strain on the state’s electrical infrastructure, raising serious questions about the power grid’s capacity to satisfy these massive energy requirements.
These computer facilities are generating substantial demand for additional electrical power across Texas, but uncertainty remains about whether the existing grid infrastructure can adequately supply the enormous amounts of electricity these operations require.
A grieving father reflects on the memorial tree growing in his front yard that serves as a living tribute to his son who died while serving in Afghanistan.
The redbud tree stands as a constant reminder of the ultimate sacrifice made by his child during military service overseas.
With Americans discarding nearly 1,800 pounds of waste annually, one Illinois university is providing students with valuable recycling education that offers lasting benefits.
The institution has developed a program that teaches students practical skills for giving discarded items new purpose, helping address the growing waste problem facing the nation.
Listen to the Morning Delmarva Farm Report Update — May 22, 2026
DELMARVA — Better crop emergence is encouraging news for corn and soybean growers this spring. A farmer in northern Iowa reports his stands are showing improved results compared to last year’s thin emergence, despite some challenges from early planting and cold nights.
Policy
The American Soybean Association is pushing to eliminate trade duties on phosphate fertilizer from Morocco. Studies by Texas A&M University show these duties have cost farmers billions of dollars since they were put in place.
Markets
Soybeans and corn dropped yesterday on favorable weather and strong planting progress. Analysts expect total planted acreage may exceed USDA’s March projections.
At Laurel Grain Company in Laurel, Delaware, corn for July delivery is bringing $5.09 a bushel. December corn is $5.02. July soybeans are $11.39, and November beans are $11.42.
Forecast
Rain showers are likely today with highs near 62°F and east winds 10 to 15 mph. Rain continues tonight, low around 52°F. Tomorrow brings more rain showers with highs near 62°F and east winds 15 to 20 mph. Heavy rain totals of 2 to 6 inches are forecast across the central and eastern U.S. through Memorial Day weekend, with severe storms moving east from the Plains.
This article is based on the Delmarva Farm Report Update Morning Edition, May 22, 2026. Hosted by Tom Bradley.
The United States has imposed financial penalties on Tanzania’s top police official and blocked his ability to travel to America, accusing him of participating in human rights abuses by law enforcement.
The penalties were revealed Thursday in the aftermath of Tanzania’s October general election, where President Samia Suluhu Hassan secured a complete term with 97% of votes following a campaign marked by suppression of political opposition. U.S. Secretary of State Marco Rubio previously stated in December that America was reassessing its relationship with Tanzania due to oppression and electoral violence.
Rubio explained that the penalty designation targeting police Senior Assistant Commissioner Faustine Jackson Mafwele was founded on reliable evidence of his participation in rights abuses.
“One year ago, members of the (Tanzanian police) detained, tortured, and sexually assaulted Ugandan activist Agather Atuhaire and Kenyan activist Boniface Mwangi, who were in Dar es Salaam to observe the trial of opposition leader Tundu Lissu,” he said in the statement.
The activists from Uganda and Kenya were taken into custody and held in Tanzania last May. They claimed Mafwele subjected them to torture during their imprisonment before they were left stranded near the border between Kenya and Tanzania.
An investigative panel established by Hassan to examine post-election violence determined that 518 individuals lost their lives and thousands suffered injuries. Opposition groups maintain the death toll was significantly higher during the first major violent demonstrations in the East African country in many years.
The panel’s findings, published in April, called for additional scrutiny of police behavior during the demonstrations, when reports indicated unarmed citizens were shot inside their residences. Online connectivity in the nation was also interrupted for multiple days following the election, and footage of the shootings circulated on social platforms after internet service returned, despite police warnings against sharing such videos online.
NATO partners and military leaders voiced confusion Friday over President Donald Trump’s announcement to deploy 5,000 American troops to Poland, coming just weeks after he directed 5,000 soldiers to be withdrawn from Europe.
“It is confusing indeed, and not always easy to navigate,” Swedish Foreign Minister Maria Malmer Stenergard told reporters at a meeting she was hosting of her NATO counterparts, including U.S. Secretary of State Marco Rubio.
American military officials also expressed puzzlement. “We just spent the better part of two weeks reacting to the first announcement. We don’t know what this means either,” said one of two officials who spoke on condition of anonymity to discuss sensitive military matters.
Through a Truth Social post, Trump declared “I am pleased to announce that the United States will be sending an additional 5,000 Troops to Poland.” He attributed this decision to his strong relationship with Polish President Karol Nawrocki, whom Trump endorsed in elections last year.
This reversal followed weeks of contradictory messages from Trump and his team regarding reducing rather than expanding America’s military presence across Europe.
Alliance members found themselves caught off guard, despite American promises to coordinate military deployments. “We’re going to stay well-synchronized with our allies moving forward,” NATO’s top military officer, U.S. Lt. Gen. Alex Grynkewich, promised on Wednesday.
Earlier this month, The Trump administration has said it was reducing levels in Europe by about 5,000 troops, and U.S. officials confirmed about 4,000 service members were no longer deploying to Poland.
The initial withdrawal announcement followed Trump’s anger over comments by German Chancellor Friedrich Merz, who said that the U.S. was being “humiliated” by the Iranian leadership and criticized what he called a lack of strategy in the war.
Trump subsequently informed journalists that America would be “cutting a lot further than 5,000.” He simultaneously unveiled new tariffs on European automobiles. Germany is the continent’s biggest auto producer.
Approximately 80,000 American service members are currently positioned across Europe. The Pentagon must maintain no fewer than 76,000 troops and major equipment stationed in Europe unless NATO allies are consulted and there is a determination that such a withdrawal is in U.S. interests.
Removing 5,000 troops could potentially push numbers beneath that threshold.
Polish Foreign Minister Radek Sikorski welcomed Trump’s decision, which ensures that “the presence of American troops in Poland will be maintained more or less at previous levels.”
Carlo Petrini, the visionary behind Italy’s influential Slow Food movement that champions high-quality ingredients, authentic food preparation and locally-sourced products, has passed away at 76 years old.
Petrini died Thursday in his home city of Bra, located in Italy’s northwestern Piedmont region, according to a Friday statement from Slow Food. The organization did not specify what caused his death.
The movement’s former president, who stepped down from that role in 2022, had publicly shared in recent years that he was battling prostate cancer.
The Slow Food organization originated in 1986 as a response to McDonald’s establishment of its first Italian location in Rome’s historic downtown area.
According to the organization’s statement, Petrini “brought to life a global movement rooted in the values of good, clean, and fair food for all, connecting communities, farmers, food artisans, cooks, activists, and young people across the world.”
The movement grew from a small circle of companions in Italy’s rural areas during the 1980s into a worldwide network that now operates in over 160 nations, Slow Food noted.
Petrini developed a personal friendship with Britain’s King Charles through their shared commitment to sustainable farming practices, as both men championed organic agriculture methods.
The electric vehicle manufacturer announced Friday it will recall 14,575 Model Y SUVs nationwide due to missing weight specification certification labels, according to the U.S. National Highway Traffic Safety Administration.
The company will examine and add the required labels to all affected vehicles, federal safety officials stated.
Safety regulators warned that without proper weight specification certification labels, vehicle owners might exceed loading limits, which “increases the risk of a crash.”
Federal officials confirmed no accidents, deaths, or injuries have been reported in connection with this labeling issue.
BEIJING, May 22 (Reuters) — Chinese authorities on Friday expanded their restrictions on chemical exports by placing three additional substances on the banned precursor list for shipments to the United States, Mexico and Canada, according to a commerce ministry announcement.
China’s National Narcotics Control Commission simultaneously released a notice identifying eight chemicals with potential use in synthetic drug manufacturing, directing businesses to “strictly comply with domestic and foreign laws and regulations when engaging in related business and export trade activities.”
China’s Foreign Minister Wang Yi is scheduled to travel to New York where he will lead a high-level UN Security Council session on May 26, according to an announcement from China’s foreign ministry on Friday.
During his time in New York, Wang is expected to hold discussions with UN Secretary-General Antonio Guterres and will meet with foreign ministers from “relevant countries,” the ministry stated in their official announcement.
Following his UN duties, Wang will make an official trip to Canada scheduled for May 28-30, accepting an invitation extended by his Canadian counterpart, the ministry confirmed.
Federal safety officials announced Friday that Hyundai Motor will recall 421,078 vehicles across the United States due to a software malfunction that could trigger unexpected brake activation.
The recall affects specific 2025-2026 model year Santa Cruz, Tucson, Tucson Hybrid, and Tucson Plug-In Hybrid Electric vehicles, according to the U.S. National Highway Traffic Safety Administration.
Federal regulators explained that a software malfunction in the vehicles’ front-mounted cameras could lead to the forward collision avoidance system engaging incorrectly, resulting in sudden brake application and potentially increasing collision risk.
The safety agency noted that authorized dealers will perform front camera software updates without charge to vehicle owners.
This announcement follows another recall earlier in the week, when the manufacturer pulled more than 54,000 vehicles from U.S. roads due to fire hazards related to excessive heat in the hybrid power control unit.
A federal agency is moving forward with plans to update regulatory paperwork requirements for private facilities that quarantine ruminant animals.
The Animal and Plant Health Inspection Service has announced its plans to seek changes and an extension to existing information collection rules that govern privately operated quarantine facilities for ruminants, following procedures outlined in the Paperwork Reduction Act of 1995.
The agency’s announcement indicates it will be requesting both modifications to current standards and an extension of the regulatory framework that oversees these specialized animal housing facilities.
The Food Safety and Inspection Service has announced plans to extend an existing data collection program that monitors laboratory certifications and oversight of meat and poultry processing operations.
Following requirements under the Paperwork Reduction Act of 1995 and Office of Management and Budget guidelines, FSIS stated it will seek renewal of its current information gathering system. The program covers laboratory certification processes, business dealings with federally inspected meat and poultry facilities, egg processing operations, and related companies, as well as waivers from Federal Meat Inspection Act and Poultry Products Inspection Act standards.
Officials indicated no modifications are planned for the current data collection framework. The existing authorization is set to conclude on October 31, 2026.
An urgent request for assistance arrived in early May when a cruise vessel near Cape Verde found itself in crisis, carrying passengers believed to be infected with a lethal hantavirus variant that proves fatal for roughly one-third of those affected.
After the ship had visited multiple isolated islands, the World Health Organization required immediate answers. Officials wondered whether a biomedical facility in Senegal, located just one hour away by air, could assist a team gathering samples from potentially infected individuals aboard the vessel.
The aircraft touched down in Senegal during the predawn hours of May 5. Scientists at the Institut Pasteur de Dakar labored throughout the night, utilizing advanced laboratory technology and high-powered computing systems to generate results that health authorities around the globe were anxiously awaiting.
In less than a full day, researchers had created a partial genetic sequence revealing that the disease impacting the travelers — identified as cases five and six — was the Andes variant of hantavirus, recognized for its ability to transmit between people through close contact. Research facilities in South Africa and Switzerland arrived at identical conclusions on the same day.
The WHO shared these discoveries during a media briefing. The contribution of the West African laboratory had not been thoroughly documented before, demonstrating how international research partnerships can assist in controlling disease outbreaks.
“It’s crucial to have, in different parts of the world, the capacity and capabilities to detect those different pathogens,” said Dr. Moussa Moise Diagne, a virologist and head of the sequencing platform at Institut Pasteur.
“It’s really important for the clinical case management, and also for the contact tracing, which is really key.”
The Institut Pasteur, an international foundation headquartered in France, serves a vital function in addressing disease emergencies across sub-Saharan Africa.
The organization’s Senegal facility assisted approximately 20 nations throughout the COVID-19 crisis and has contributed to responses against Marburg in Guinea and Ebola in the Democratic Republic of Congo — including developing a quick diagnostic test for the ongoing outbreak.
For examining patients on the Cape Verde vessel, the WHO gathered materials from the laboratory and arranged charter transportation to fly a team to the island chain and return with specimens. The biological samples received triple-layer protection — placed in testing vials, wrapped in plastic, and secured within a cardboard container bearing hazard warnings.
By 3 a.m., the Dakar team was operating at full capacity, understanding that each passing hour was crucial.
The shipment was unsealed within a specialized containment laboratory and neutralized by qualified personnel, who readied samples for analysis. Liquid specimens underwent examination using sequencing equipment designed to chart the virus’s genetic structure.
The findings reached the WHO in the early hours of May 6, aligning with discoveries from South Africa and Switzerland, which had obtained samples from additional patients.
By May 8, scientists had completed the full genetic mapping. Research centers across the globe examined sequences to detect mutations that might influence viral behavior.
The speed of potential transmission represented a vital concern. The ship had docked at remote Atlantic islands and three travelers had perished, including one passing through Johannesburg. Approximately 150 individuals from 23 nations were aboard the MV Hondius, an expedition cruise vessel.
Thankfully, researchers discovered no significant genetic changes compared to the 2018–19 outbreak in Argentina.
“Sequencing is the way to understand the strength of the transmission,” Diagne said.
Health experts indicate additional cases might surface globally because of the virus’s extended incubation timeline, which can extend up to six weeks. Unanswered questions persist, including the location and timing of initial infections — information essential for preventing further spread beyond areas where the disease naturally occurs.
“The most important thing now is to know what is the window of exposure in Latin America,” Diagne said.
The hantavirus emergency, followed by a rapidly expanding Ebola crisis in central Africa, has underscored the importance of worldwide laboratory networks, many of which, including the Institut Pasteur, have recently experienced funding reductions for pandemic preparedness.
One instance involves the U.S. National Institutes of Health’s choice to terminate support for the Centers for Research in Emerging Infectious Diseases Network, a global program that encompasses a West African facility. A research project examining how hantavirus affects humans was also discontinued.
The U.S. Department of Health and Human Services stated it continues to prioritize addressing global infectious disease challenges. Claims that the United States is retreating from international health security “do not reflect the reality of our ongoing engagement and support internationally,” a spokesperson said.
World Cup spectators face minimal danger from Ebola exposure, according to a global health expert from King’s College London, though increased health screenings and travel limitations may create operational difficulties.
Dr Oliver Johnson, who specializes in global health at the London university, assessed the threat level as the expanded 48-nation tournament prepares to begin across the United States, Canada and Mexico from June 11 through July 19.
The Democratic Republic of Congo is currently battling an Ebola outbreak in its eastern region, with approximately 600 suspected infections and over 130 fatalities recorded. This situation prompted the World Health Organization to issue a public health emergency declaration of international concern.
The outbreak has already disrupted the DR Congo national team’s tournament preparations, forcing them to cancel pre-competition activities in Kinshasa and move their planning operations to Belgium instead.
American officials have implemented entry restrictions preventing non-U.S. passport holders who visited DR Congo, Uganda or South Sudan within the previous 21 days from entering the country, requiring Congo-based personnel to leave ahead of schedule.
The team plans to reach the U.S. on June 10 or 11 and will establish their base in Houston.
“If you are a casual visitor to the World Cup from around the world, I think there is a very low risk that you would be at risk of Ebola,” Johnson explained to Reuters. “Ebola has never really caused transmission in high-income country settings, where there have been very occasional cases.”
“That is because it is not airborne. You had to normally have direct contact with someone who is quite sick, and there is usually good contact tracing. If a case does occur, it is identified quickly,” he continued.
However, Johnson noted the outbreak may still create wider consequences.
American authorities have implemented additional screening procedures at Washington Dulles for travelers who recently visited affected nations, while health organizations are coordinating with FIFA and local authorities to address potential dangers.
“It will affect things like airport queues and screening, which will slow things down,” Johnson explained. “It is going to add a little extra stress and it’s going to cost money to the U.S. to try and organise.”
“I think the other possibility is that we hope this outbreak is not going to spread beyond DR Congo…. That could cause a knock-on effect of travel bans or extra screening, and it could happen quite last minute,” he added.
Tournament attendees should maintain standard safety measures including proper hand washing and staying away from close contact when feeling ill, Johnson recommended. He encouraged fans to show respect for others and prevent discrimination, helping maintain the World Cup’s welcoming atmosphere.
DR Congo begins their tournament schedule against Portugal in Houston, followed by matches against Colombia in Guadalajara and Uzbekistan in Atlanta.
Each year, millions of Muslim faithful gather in Saudi Arabia to participate in the Hajj, joining together in sacred ceremonies and worship that represent one of Islam’s most fundamental requirements. For believers, this journey serves not only as a religious duty but also as a profound spiritual encounter that offers an opportunity to seek divine forgiveness and cleanse themselves of previous wrongdoings.
This year’s pilgrimage takes place amid a fragile ceasefire in the Iran war and ongoing regional instability throughout the Middle East.
During earlier months, war-related travel disruptions affected some Muslims who had traveled to Saudi Arabia for “Umrah,” commonly known as the minor pilgrimage. Several pilgrims found themselves stuck and struggled to arrange transportation back to their home countries.
The following provides insight into this yearly Islamic pilgrimage and what it means to Muslim communities.
The Hajj represents the yearly Islamic journey to Mecca in Saudi Arabia and encompasses multiple sacred ceremonies. Every Muslim who possesses the financial means and physical capability must complete this pilgrimage at least once during their lifetime. Many believers choose to undertake this journey multiple times.
This pilgrimage stands as one of Islam’s Five Pillars, alongside the declaration of faith, daily prayer, charitable giving, and fasting.
The Hajj takes place annually during Dhul-Hijja, the final month of the Islamic lunar calendar. This year’s official pilgrimage begins on Monday.
Summer pilgrimages present particular difficulties due to scorching temperatures. During the extreme heat of 2024, over 1,300 individuals perished during Hajj, based on reports from Saudi officials. The nation’s health minister explained that most deaths involved unofficial pilgrims who traveled extensive distances under direct sunlight.
For those making the journey, completing the Hajj satisfies a religious requirement while providing a transformative spiritual encounter. Participants view it as an opportunity to obtain God’s mercy, strengthen their relationship with the divine, and follow the paths taken by prophets.
As a collective experience, the Hajj brings together Muslims from different racial backgrounds, ethnic groups, languages, and social classes from across the globe. Many participants describe feelings of brotherhood, spiritual connection, and modesty. Pilgrims also arrive carrying their individual requests, hopes, and personal stories.
Numerous pilgrims carry prayer requests from relatives and friends who ask for prayers to be offered on their behalf.
Many individuals dedicate years to hoping and praying for the chance to complete the Hajj, or they work to save money and wait for official permission to begin their journey.
Before departure, preparations might involve gathering necessary supplies for the challenging trip, obtaining advice from previous pilgrims, participating in educational sessions, or studying other preparatory materials for spiritual and physical readiness.
Pilgrims declare their intention to perform the Hajj and enter “ihram,” a sacred state. This condition requires following specific guidelines and restrictions. Men must avoid wearing typical tailored clothing that wraps around the body, like shirts, while in ihram. Instead, men wear simple ihram garments; religious scholars explain this practice helps eliminate luxury and pride, removes symbols of worldly status, and focuses the pilgrim on humility and worship of God.
A spiritual pinnacle of the Hajj for many occurs while standing on the plain of Arafat, where pilgrims worship God, ask for mercy, and offer prayers. Many lift their hands in prayer while tears flow down their cheeks.
Additional ceremonies include “tawaf,” which requires walking around the Kaaba in Mecca seven times in a counterclockwise direction. The Kaaba, a cubic building, serves as the direction Muslims face during their five daily prayers from any location worldwide.
Other ceremonies involve retracing the steps of Hagar, or Hajar, Prophet Ibrahim’s wife, who is known as Abraham in Jewish and Christian traditions. Muslims believe Hagar ran back and forth between two hills seven times while searching for water for her child.
Eid al-Adha, also called the “Feast of Sacrifice,” is the Islamic celebration that starts during the Hajj, on the 10th day of Dhul-Hijja in the Islamic lunar calendar.
This celebratory event observed by Muslims worldwide honors Ibrahim’s readiness to sacrifice his son as an expression of obedience to God. During this holiday, Muslims sacrifice sheep or cattle and share portions of the meat with those in need.
HAVANA (AP) — The most recent public sighting of former Cuban President Raúl Castro occurred during a government-sponsored International Workers’ Day demonstration along Havana’s renowned waterfront, where he was surrounded by thousands of attendees.
The 94-year-old remained steady and composed beneath the intensifying sun on May 1, while others in his vicinity succumbed to the heat before the ceremony commenced. His security team, headed by his grandson Raúl Guillermo Rodríguez Castro, positioned themselves behind him.
Such public appearances have become uncommon for the final Castro brother from Cuba’s revolutionary period. Though he reportedly continues to hold considerable sway over governmental affairs, he keeps a minimal public presence despite his position as general of Cuba’s armed forces.
Castro returned to public attention Wednesday when federal prosecutors announced criminal charges against him related to directing the 1996 destruction of civilian aircraft operated by Miami-based Cuban exiles. The accusations encompass murder and aircraft destruction charges. Castro held the defense minister position during that time.
The criminal charges and subsequent statements Thursday from U.S. President Donald Trump and Secretary of State Marco Rubio sparked concerns about potential American military action against Cuba, similar to recent events in Venezuela during early January.
“We expect that he will show up here, by his own will or by another way,” acting U.S. Attorney General Todd Blanche said in announcing the charges against the former Cuban president during a press conference in Miami.
Cuba’s socialist government condemned the indictment and prepared to hold a rally Friday to honor Castro, who turns 95 on Jan. 3. Protests were planned Friday morning in front of the U.S. Embassy in Havana.
“The Cuban people reaffirm that neither threats, nor blockade, nor energy embargo, nor false accusations will be able to break the will of an entire people in defense of their Revolution,” read a statement published by state media.
It is not known if Castro will attend Friday’s event.
During July 1953, Castro faced arrest in Cuba on charges of armed insurrection after an unsuccessful attack on military installations. Though sentenced to 13 years imprisonment, he gained freedom after two years through political amnesty. Subsequently, he departed for Mexico to help coordinate revolutionary activities.
Castro wed guerrilla combatant Vilma Espín during the 1960s, and they became parents to four children. Details about Castro’s personal life remain limited: He maintains a reputation as devoted to family and officially lives in an area west of Havana.
Throughout his tenure as defense minister under his deceased brother Fidel Castro, and subsequently as president, his daily operations were notably private: avoiding scheduled appointments, formal events, or public and family celebrations.
Following his departure from office and transition of power to President Miguel Díaz-Canel, Raúl Castro has made few public appearances. He continues wearing his characteristic olive-green military attire when receiving foreign officials.
“He still has influence, and the leadership seeks his opinion on major decisions, but he is not running the government on a day-to-day basis,” said William LeoGrande, a political scientist at American University in Washington.
“If the U.S. were to abduct him, it would not change the operations of government, unlike what happened in Venezuela,” LeoGrande said.
The charges against Raúl Castro have intensified diplomatic friction between the U.S. and Cuba, which recently declared its petroleum supplies exhausted due to continuing American energy restrictions.
The nation’s difficulties have escalated following the Jan. 3 U.S. invasion of Venezuela, which stopped essential oil deliveries from that South American nation. Later in January, Trump issued threats of tariffs against any nation selling or supplying oil to Cuba.
Senior Trump administration officials — including Rubio, CIA chief John Ratcliffe and other prominent national security personnel — have conducted meetings with Cuban representatives in recent months to discuss relationship improvements. However, American officials have expressed dissatisfaction with these discussions, resulting in additional sanctions against Cuba’s government over the past week.
A 27-year-old Moroccan worker who has spent seven years as an undocumented migrant in Spain sees new possibilities ahead as the country’s leftist government rolls out a comprehensive amnesty program.
Abdelmoujoud Erra has survived on temporary jobs and lived in makeshift settlements, but now hopes the amnesty initiative could change his circumstances. “Without documents you work for five euros ($5.80) an hour. With documents, you work legally, with more money — maybe seven or eight euros an hour,” Erra explained from the southern Spanish province of Almería, where undocumented workers congregate at traffic circles seeking employment in the region’s vast greenhouse operations.
The amnesty program, which continues through June, represents a cornerstone of Prime Minister Pedro Sanchez’s strategy to capitalize on migration’s economic advantages for Spain’s aging society, contrasting with border restrictions implemented by other nations.
However, the initiative has sparked fierce criticism from conservative opposition groups. The People’s Party argues it will overwhelm government services, while Vox has claimed the administration seeks to displace Spanish citizens.
For Erra, legal documentation would have opened doors to pursuing his boxing ambitions and visiting relatives in Morocco. “I’ve lost a lot of time. If only I had had papers earlier,” he reflected. Recently, a blaze destroyed the informal camp where he resided, though his amnesty paperwork survived because he had stored it at the local Red Cross facility.
Almería’s agricultural zone spans over 30,000 hectares (74,100 acres) of plastic-covered intensive farming, making it the European Union’s primary winter vegetable source. The region ships tomatoes, cucumbers and other produce valued at 3 billion euros each year while providing work for approximately 80,000 individuals, according to labor organizations and government officials.
Agricultural business associations and worker representatives express optimism that the amnesty will help solve staffing shortages. Andrés Góngora, coordinator of farmers’ union COAG, recognized that the industry relies on some undocumented workers and said the amnesty would create stability. Expanding the legal workforce could enable cultivation of more labor-demanding crops while promoting community harmony, he noted.
Advocacy organizations have consistently condemned living conditions in the Almería area, estimating approximately 10,000 migrants reside in inadequate housing and that at least 70% of agricultural workers lack legal status.
Spain’s population of 50 million has grown recently due to migration flows. Research organization Funcas calculates that roughly 840,000 undocumented migrants currently participate in the labor force.
Michael Aymaga, a 35-year-old from Ghana, represents another hopeful applicant. He lives in a migrant encampment near Nijar, where electrical service is sporadic and water availability is restricted. The amnesty opportunity fills him with excitement as he expresses his desire to give back to his adopted country. “I would definitely use all my skills and everything I have to help Spain (become) a better Spain,” he stated.
A British technology company announced Friday that it has upgraded its yearly profit expectations due to surging business demand for artificial intelligence infrastructure and customers placing early orders to avoid worldwide memory chip supply shortages.
Companies that provide technology infrastructure have seen tremendous benefits from the explosive increase in demand for AI-related equipment, as businesses continue to integrate artificial intelligence into their daily operations.
The Marlow-based company announced it anticipates mid-teens percentage growth in yearly adjusted operating profit, which exceeds its previous projection of high single-digit growth.
The firm reported it achieved double-digit year-over-year increases in gross profit and adjusted operating profit during the third quarter, driven by customers placing advance product orders to avoid global supply chain constraints affecting memory chips.
Manufacturers of memory chips have found it difficult to meet worldwide demand for their products as rivalry among technology service companies and product creators grows more intense.
The business, which offers IT services and infrastructure solutions, acknowledged the uncertainty created by continuing memory shortages and the broader economic climate.
Pakistani officials are working to facilitate peace negotiations between the United States and Iran, with diplomatic meetings continuing in Tehran as both nations remain divided over key issues including uranium enrichment and maritime shipping controls.
Pakistan’s Interior Minister Syed Mohsin Naqvi conducted another diplomatic session with Iran’s Foreign Minister Abbas Araqchi on Friday, according to the semi-official Tasnim news agency. This meeting occurred two days after Pakistani representatives delivered the most recent American proposal to Iranian officials.
U.S. Secretary of State Marco Rubio expressed cautious optimism about the diplomatic progress on Thursday, telling reporters there had been “some good signs” in the negotiations. However, he emphasized that any resolution would be impossible if Iran continues to impose shipping fees in the Strait of Hormuz, which has been largely closed to commercial traffic since the conflict began on February 28.
“There’s some good signs,” Rubio stated. “I don’t want to be overly optimistic … So, let’s see what happens over the next few days.”
A senior Iranian source indicated to Reuters on Thursday that negotiators have made progress in narrowing differences, though uranium enrichment activities and Strait of Hormuz control remain significant obstacles.
The conflict has severely impacted global markets, with rising oil costs raising concerns about widespread inflation. Prior to the war, approximately one-fifth of worldwide oil and liquefied natural gas shipments passed through the Strait of Hormuz.
Financial markets reflected the ongoing uncertainty Friday, with the U.S. dollar reaching near six-week highs and oil prices climbing as investors questioned whether diplomatic efforts would succeed.
“We’re coming to the end of week 12, we’re six weeks in the ceasefire, and I’m just not really that convinced we’re any closer to a resolution between the U.S. and Iran,” said Tony Sycamore, a market analyst at IG, regarding the Middle East conflict.
President Donald Trump declared Thursday that the United States would ultimately secure Iran’s highly enriched uranium stockpile, which Washington claims is intended for weapons development despite Tehran’s assertions that it serves peaceful purposes.
“We will get it. We don’t need it, we don’t want it. We’ll probably destroy it after we get it, but we’re not going to let them have it,” Trump told reporters at the White House on Thursday.
Prior to Trump’s remarks, two senior Iranian sources informed Reuters that Iranian Supreme Leader Ayatollah Mojtaba Khamenei had ordered that the uranium must not leave the country.
The president also criticized Tehran’s plans to impose charges on vessels using the strait.
“We want it open, we want it free. We don’t want tolls,” Trump declared. “It’s an international waterway.”
Trump is facing political pressure domestically with November midterm elections approaching, as Americans express frustration over rising fuel costs and his approval ratings hover near their lowest point since his return to office last year.
Iran presented its most recent proposal to the United States earlier this week.
According to Tehran’s descriptions, the offer largely repeats conditions Trump has previously rejected, including demands for Strait of Hormuz control, war damage compensation, sanctions relief, asset unfreezing, and U.S. military withdrawal.
The International Energy Agency has characterized the conflict as creating the world’s most severe energy crisis.
The agency warned Thursday that peak summer fuel consumption combined with reduced Middle Eastern supply could push the market into the “red zone” during July and August.
Shipping traffic through the strait has dropped dramatically compared to the 125 to 140 daily transits recorded before the war began.
Iran has indicated it plans to reopen the strait to allied nations that comply with its conditions, which may include fee requirements.
“It would make a diplomatic deal unfeasible if they were to continue to pursue that. So it’s a threat to the world if they were trying to do that, and it’s completely illegal,” Rubio said.
Trump and Israeli Prime Minister Benjamin Netanyahu have stated their military objectives include reducing Iran’s support for regional militant groups, eliminating its nuclear capabilities, destroying its missile arsenal, and facilitating regime change by Iranian citizens.
However, Iran has maintained its stockpile of weapons-grade enriched uranium and continues to possess the capability to threaten neighboring countries through missiles, drones, and proxy forces.
Investment bank Nomura has become part of an expanding group of financial firms predicting the Federal Reserve will maintain current interest rates throughout 2026, pointing to continuing inflation concerns and uncertainty about whether policymakers will support rate reductions.
Central bank officials are growing more concerned that conflict in Iran might contribute to rising prices, with an increasing number willing to consider rate increases if necessary, creating a more restrictive policy environment for incoming chair Kevin Warsh.
The financial firm, which previously forecast quarter-point reductions in both September and December, stated in a May 21 analysis that increasing price pressures from the Iran conflict and an expanding worldwide shortage of memory chips are affecting consumer costs and maintaining high inflation levels.
Financial institutions including Morgan Stanley and Barclays have eliminated expectations for Federal Reserve rate cuts this year, pointing to negative effects from elevated oil prices connected to Middle Eastern tensions and positive impacts from robust capital investment related to artificial intelligence.
Kevin Warsh, scheduled to take the oath as Fed Chair on Friday, indicated during his confirmation proceedings that he continues to favor rate reductions based on his economic assessment.
Although robust economic growth, high inflation and accommodating financial conditions might eventually support higher rates, Nomura does not anticipate increases in the immediate future.
Nevertheless, “recent data and Fed commentary make us skeptical he can convince a majority of the FOMC to support rate cuts,” Nomura said.
Financial markets are currently indicating approximately a 58% probability that the Federal Reserve will increase interest rates by no less than 25 basis points before year-end, based on CME’s FedWatch tool.
The Federal Reserve’s next scheduled meeting is June 16-17, 2026.
Television host Stephen Colbert wrapped up his 11-year tenure on “The Late Show” Thursday evening, featuring an impromptu conversation with Beatles legend Paul McCartney and delivering sharp commentary about his unexpected exit from CBS.
The concluding episode of “The Late Show with Stephen Colbert” opened with the host expressing gratitude to both studio guests and home viewers for following his nightly commentary on current affairs, which frequently included sharp criticism of Republican President Donald Trump.
“We were here to feel the news with you, and I don’t know about you, but I sure have felt it,” Colbert told the laughing audience at the Ed Sullivan Theater in New York.
CBS revealed last July its decision to cancel “The Late Show,” pointing to financial considerations. The late-night television format, a cornerstone of American entertainment since the 1950s, has experienced declining audience numbers and reduced advertising revenue over recent years.
The network’s choice to terminate the highest-rated late-night program generated significant backlash from Democrats and other observers who interpreted it as an effort to suppress political comedy in defiance of First Amendment free speech guarantees.
The program’s elimination occurred while Paramount Global, CBS’s parent company at the time, was pursuing government approval for a corporate merger. Following approval of that transaction, CBS now operates under David Ellison-led Paramount Skydance.
Colbert’s program maintained its position as the most-viewed late-night talk show among broadcast networks since the 2017-2018 television season, based on Nielsen ratings. During this season, “The Late Show” drew an average of 2.1 million viewers.
During Thursday’s final broadcast, Colbert stepped away from his hosting position and ventured backstage, where he discovered a luminous green circle. Astrophysicist Neil deGrasse Tyson, a regular show contributor, humorously suggested it represented a wormhole created by “two conflicting realities,” namely “a show that was number one on late night, and it also gets canceled.”
“Your cancellation has created a rift in the comedy-variety-talk continuum,” Tyson explained. “If it grows, all of late-night television could be destroyed.”
Other late-night personalities Jimmy Kimmel, John Oliver, Jimmy Fallon, Seth Meyers and Jon Stewart subsequently joined to provide guidance.
Initially, Colbert indicated he had arranged for Pope Leo to appear as his closing guest. A staff member then jokingly announced that the pontiff had withdrawn due to dissatisfaction with his dressing room refreshments.
McCartney then unexpectedly entered the stage, announcing his availability. “I was just in the area. I was doing some errands,” the musician joked.
McCartney had previously performed in the same venue in 1964, when the Beatles made their American debut on “The Ed Sullivan Show.” Colbert inquired about McCartney’s memories from that historic performance, Sullivan’s personality, and the Beatles’ initial impressions of the United States.
The musician recalled that he and his fellow band members, who were in their early twenties then, perceived America as “the land of the free, the greatest democracy.”
“That’s what it was, and hopefully still is,” McCartney commented.
The program concluded with McCartney performing the Beatles hit “Hello, Goodbye” while Colbert provided backing vocals.
Following the show’s conclusion, Trump posted on Truth Social that Colbert possessed “no talent.”
“You could take any person off of the street and they would be better than this total jerk,” the president stated. “Thank goodness he’s finally gone!”
Prior to Thursday’s broadcast, supporters gathered outside the theater expressed sadness about losing both Colbert’s hosting and “The Late Show” as a cultural institution. Colbert, 62, assumed hosting duties from David Letterman in 2015.
“This is the end of an era. The late night show is a staple. David Letterman, Johnny Carson, it’s upsetting,” said fan Mike McGillicuddy.
Another supporter, Sarah Thompson, expressed being “very sad that Stephen’s leaving.”
“It’s just going to leave a big hole in America because you need to laugh at the end of the day from all the trauma that we’re facing,” she said.
LONDON — Law enforcement officials in Britain issued a public appeal Friday for witnesses to come forward as part of their ongoing investigation into alleged criminal conduct by former Prince Andrew, with sexual misconduct among the potential charges being examined.
Thames Valley Police confirmed they have established communication with legal representatives of a woman who claims she was brought to a Windsor location in 2010 for sexual activities.
“Should she wish to report this to police it will be taken seriously and handled with care, sensitivity and respect for her privacy,” police said in a statement.
A Florida-based lawyer named Brad Edwards informed the BBC in January that his client had a sexual encounter with the former royal family member, who now goes by Andrew Mountbatten-Windsor, at his Windsor residence. Edwards stated his client was trafficked there by the late convicted sex offender Jeffrey Epstein in 2010.
The former prince has consistently rejected any claims of wrongdoing related to the accusations made against him.
Mystery enthusiasts worldwide observed International Sherlock Holmes Day on Friday, paying tribute to Sir Arthur Conan Doyle on his birthday and celebrating the enduring legacy of literature’s most famous detective.
The festivities stretched from the iconic 221B Baker Street in London’s heart to the dramatic Reichenbach Falls nestled in Switzerland’s mountainous landscape, where devoted fans gathered to honor both the author and his legendary creation.
Earlier this month, members of the Sherlock Holmes Society of London made a special journey to Switzerland, donning Victorian-era clothing including traditional capes, deerstalker hats, and period dresses. Their mission: to recreate one of fiction’s most memorable death scenes at the Reichenbach Falls.
This dramatic confrontation between the brilliant detective and his arch-enemy Professor James Moriarty left readers stunned when “The Final Problem” was published, seemingly ending the career of one of literature’s most cherished characters.
Conan Doyle’s 1893 tale depicted Holmes vanishing over the waterfall’s edge alongside Moriarty, with only Dr. John Watson left behind to find a goodbye note near the rushing waters. The author, born May 22, 1859, had planned to eliminate Holmes permanently, believing the detective tales were preventing recognition of his more scholarly historical works.
Public reaction was immediate and intense. Magazine readers cancelled their subscriptions, donned black armbands as symbols of grief, and voiced strong opposition to their beloved detective’s demise. Ten years passed before Conan Doyle changed course, resurrecting Holmes in “The Adventure of the Empty House” with the revelation that the detective had faked his death and escaped the falls.
The Holmes chronicles established numerous foundations of contemporary detective literature. From 1887 through 1927, Conan Doyle produced four novels and 56 short stories featuring Holmes, pioneering methods like forensic reasoning, careful observation, and systematic analysis that became cornerstones of mystery writing.
These tales have inspired countless adaptations across theater, film, and comics globally, featuring performances by Jeremy Brett, Basil Rathbone, Christopher Lee, Robert Downey Jr., and Benedict Cumberbatch in various interpretations.
The newest adaptation features British actor Hero Fiennes Tiffin in Amazon Prime’s recent prequel series “Young Sherlock,” developed by Guy Ritchie and launched this year. Production on a second season is currently underway.
The Sherlock Holmes Museum at 221B Baker Street has welcomed visitors since 1990, displaying fascinating artifacts like Holmes’ violin and chemistry equipment, plus a pistol concealed within a carved-out book.
According to the stories, Holmes resided in this Georgian townhouse from 1881 to 1904, sharing the space with Watson. However, 221B was fictional when Conan Doyle wrote his stories, as Baker Street’s numbering system didn’t extend that far during that period.
The museum, actually situated between numbers 237 and 241, required special authorization from Westminster City Council to display the famous fictional address.
“It has to be the most famous address in the world, I would say,” tour guide Paul Leharne said. “No matter what reincarnation Sherlock Holmes is going to take, he’s always going to be living at 221B Baker Street.”
On May 3, society members delivered dramatic performances at Reichenbach Falls, complete with theatrical gestures, elaborate acting, and dark cloaks flowing in the waterfall’s mist as they portrayed the Holmes-Moriarty battle.
Established in 1951, the society unites readers, collectors, scholars, and admirers of Conan Doyle’s writings. Their Swiss expedition followed portions of the path outlined in “The Final Problem,” with members traveling through Switzerland in classic buses before taking a steep cog railway to reach the waterfall.
Reichenbach Falls gained fame as one of detective fiction’s most significant locations following Conan Doyle’s 1893 visit to the region.
Philip Porter, an author and publisher who portrayed Sherlock Holmes in the society’s recreation, emphasized the location’s continuing importance to the stories’ enduring popularity.
“It’s a pilgrimage,” he said. “It’s a very dramatic setting: The sound, the backdrop, the music behind us of the cascading water.”
Peter Horrocks, who took on Moriarty’s role, described the challenge of returning to everyday life after several days embodying the villain. “It’s a strange feeling, getting out of these clothes,” he said. “You do start to inhabit the character that you’re playing after a while.”
JAKARTA, Indonesia — A sweeping transformation of Indonesia’s commodity trade policies has industry experts comparing the sudden shift to a corporate takeover of major sectors in the resource-abundant nation, with potential worldwide consequences.
The policy change, revealed to parliament Wednesday by Indonesian President Prabowo Subianto, requires a newly established state-owned company to manage all national exports of coal, palm oil and iron alloys starting in September.
Prabowo explained that boosting tax collections is a primary goal. This would help replenish depleted government coffers that have been drained by energy disruptions from the conflict in Iran. Given Indonesia’s position as a leading commodities supplier, these policy changes are expected to create waves throughout global supply networks.
The Southeast Asian country stands as the world’s top supplier of thermal coal used for power generation and palm oil, an essential component in products ranging from beauty items to alternative fuels. This nation of approximately 287 million residents also possesses the planet’s largest confirmed nickel deposits, a crucial material for electric car batteries and stainless steel production.
Industry analysts predict China, as Indonesia’s primary trading ally, will experience the most significant impact from this policy transformation.
China is monitoring Indonesia’s “initiative to nationalize” while evaluating “how it would impact China’s further cooperation,” according to Lie Xie from the UK-based think tank Third Generation Environmentalism. “The future path that Indonesia is taking is highly important for China.”
The rapid timeline for implementing these new regulations could disrupt China’s access to essential materials for its clean technology sectors, which depend on Indonesian resources to meet expanding renewable energy demands. Chinese corporations represent major stakeholders in numerous Indonesian sectors, including essential minerals.
“Indonesia has become vital to China” as it provides the materials that “underpin China’s dominance in electric vehicles, batteries, and industrial manufacturing,” explained Li Shuo from the Asia Society Policy Institute’s China Climate Hub. “But the relationship is evolving.”
If executed properly, consolidating Indonesia’s trade operations could also create opportunities for increased American investment, experts noted, as the U.S. competes with China for critical resources.
“Such a move is a clear signal that U.S. investment is being attracted to come to Indonesia even more,” stated Bhima Yudhistira from the Jakarta-based Center of Economic and Law Studies. He characterized the new approach as a “hostile takeover” that will require reviewing every agreement in Chinese-controlled industries.
Prabowo informed legislators that Indonesia had forfeited up to $908 billion due to exporters misrepresenting their sales figures to evade taxes and additional charges.
“The primary objective of this policy is to strengthen oversight and monitoring — and to combat under-invoicing, transfer pricing and the diversion of export proceeds,” he stated.
The organization assuming control of Indonesia’s commodity exports — PT Danantara Sumberdaya Indonesia — received official registration one day prior to Prabowo’s declaration. Danantara, the sovereign wealth fund established by the president last year, holds 99% ownership and will enhance government authority in commodity pricing decisions.
This “represents a governance reform, a step toward strengthening our credibility in managing strategic commodity trade in an orderly and accountable manner,” commented Yvonne Mewengkang from Indonesia’s Ministry of Foreign Affairs.
Between June and August, private enterprises must transfer their import and export operations to Danantara, which should oversee all international trade transactions by September.
“There will be an explanation for investors later, so that stakeholders will be informed before June 1,” noted Airlangga Hartarto, the coordinating economic minister in Indonesia. “After all, in the initial phase, we are focusing on transparency in reporting.”
Trade specialists question whether the government can smoothly assume control of commerce across all these sectors in under four months.
China serves as Indonesia’s leading trade partner and represents one of its largest foreign investment sources.
Chinese companies control Indonesia’s nickel sector while China remains a top buyer of resources covered by the trade reorganization.
Additional significant buyers of Indonesian palm oil, coal and nickel include the U.S. and European Union. India, Japan, South Korea and regional neighbors Malaysia, Vietnam and the Philippines would also face effects.
Under Prabowo’s leadership, the administration has expanded oversight of strategically vital commodities, targeting illegal mining activities, assuming plantation control and promoting domestic refining capabilities for critical minerals.
Prior to Prabowo’s announcement, the China Chamber of Commerce in Indonesia delivered a five-page complaint letter last week expressing investor worries about Indonesia’s unpredictable business environment.
Chinese companies have recently encountered “excessively stringent regulation, over-enforcement, and even corruption and extortion by competent authorities,” the correspondence stated. This has “severely disrupted normal business operations” and “undermined long-term investment confidence.”
“Prabowo didn’t listen to the complaint from these Chinese companies and then did something very, very shocking with this new body to control the export,” Yudhistira observed.
Through establishing state oversight of key sectors, Indonesia aims to diversify its investor base, according to Yudhistira with CELIOS. Diminishing Chinese influence may generate interest from alternative partners, including the U.S.
This will only escalate the resource competition between the two superpowers, he cautioned.
Whether this new approach successfully draws fresh investors will hinge on implementation transparency, noted Syahdiva Moezbar from the Centre for Research on Energy and Clean Air.
Private companies report remaining uninformed about specifics.
Danantara’s effects on small-scale trade, specialty product exports and processing industries require clarification, according to Eddy Martono, chairman of the Indonesian Palm Oil Association.
“Exporters usually already have their own established markets; we must ensure we do not lose these markets if they are not managed properly,” he emphasized.
WARSAW, May 22 – Poland’s President Karol Nawrocki expressed appreciation to President Donald Trump following the US decision to deploy additional American military personnel to Poland.
Nawrocki’s thanks followed Trump’s Thursday announcement that the United States would deploy 5,000 additional troops, with Trump citing his relationship with the conservative nationalist leader as the motivation.
“Good alliances are those based on cooperation, mutual respect, and a commitment to our shared security,” Nawrocki wrote on X.
“I thank U.S. President Donald J. Trump for his friendship toward Poland and for the decisions whose practical dimension we see very clearly today,” Nawrocki added on Thursday night.
The move to deploy more soldiers to Poland demonstrates that Polish-American relations remain “very strong, and Poland is a model ally,” Defence Minister Wladyslaw Kosiniak-Kamysz stated, also posting on X.
Earlier this week on Tuesday, US Vice President JD Vance informed reporters that a planned US military deployment to Poland had faced delays, though he clarified it would be incorrect to characterize this as a withdrawal of troops from Europe.
Previously, Polish officials had expressed concern over reports suggesting the Pentagon had scrapped deployment plans for their country, but they later provided assurances to Polish citizens that such reports were inaccurate.
A Polish parcel locker company announced Friday that a massive $9 billion acquisition offer spearheaded by FedEx will accept shareholder responses between May 26 and July 27.
InPost revealed that the €7.8 billion cash proposal from a group including FedEx, Advent International, and existing InPost stakeholders has secured necessary approvals from regulators in China, Israel, Italy, Turkey, and Ukraine. The company expects the European Commission and Vietnam to finish their evaluations during the latter half of 2026.
The February announcement of this complete cash acquisition received full endorsement from InPost’s board of directors and currently has backing from 48% of company shareholders. The transaction requires approval from 80% of shares to move forward successfully.
The €15.60 per share proposal would enable the American shipping giant FedEx to strengthen its European operations while supporting the development of a major European parcel locker network, even as both companies maintain their competitive independence.
Following completion of the transaction, InPost’s stock would be removed from trading on the Euronext Amsterdam exchange.
The company plans to hold two special shareholder meetings to provide detailed information about the acquisition proposal.
Trade officials from across the Asia-Pacific region have convened in the eastern Chinese city of Suzhou for discussions focused on strengthening economic cooperation amid mounting global tensions.
The two-day conference, which began Friday, brings together representatives from the Asia-Pacific Economic Cooperation nations – a bloc that handles nearly half of worldwide trade. Participants are addressing multilateral partnerships, trade imbalances, and how to build more resilient supply chains during times of international crisis, including the U.S.-Israeli war on Iran.
During Friday’s opening ceremony, Li Chenggang, China’s international trade representative and vice commerce minister, emphasized the importance of collaboration during uncertain times. “The more turbulent the times, the more we must adhere to seeking common ground while reserving differences, working together to overcome difficulties, striving to reach more consensus, leading the Asia-Pacific economy through the crisis and injecting confidence into the global economy,” Li stated.
The Suzhou meetings serve as preparation for this year’s annual APEC leaders summit scheduled for Shenzhen. Attendees are also examining ways to advance regional free-trade agreements, enhance digital commerce, improve artificial intelligence capabilities, and promote sustainable economic growth.
Li outlined this year’s conference priorities as “optimising institutional arrangements, cultivating momentum in emerging fields, jointly expanding the Asia-Pacific economic pie and ensuring fair distribution of that pie to achieve inclusive, mutually beneficial, and win-win outcomes.”
The gathering occurs against a backdrop of significant trade tensions. China recently reported a record trade surplus approaching $1.2 trillion for the previous year. Meanwhile, Group of Seven finance ministers recently reached consensus on addressing current trade imbalances, describing the situation as unsustainable. U.S. Treasury Secretary Scott Bessent has advocated for increased protections against an influx of low-priced Chinese goods.
The conference follows recent high-profile diplomatic visits to Beijing by U.S. President Donald Trump and Russian President Vladimir Putin. All three nations hold APEC membership.
APEC Business Advisory Council chair Li Fanrong addressed the gathering Friday, highlighting the economic pressures facing the global marketplace. Speaking for the business community, he called for a moratorium on additional trade restrictions to avoid creating more uncertainty. “The stakes could not be higher for business confidence, jobs, living standards and long-term prosperity in our region,” he declared.
Notable participants representing APEC’s 21 member economies include Rick Switzer, the deputy U.S. trade representative; Don Farrell, Australia’s trade minister; Kao Kim Hourn, ASEAN’s secretary general; and Taiwan’s top trade negotiator, Yang Jen-ni.
Japanese trade minister Ryosei Akazawa’s attendance marks the highest-ranking Japanese official visit to China since diplomatic relations deteriorated in November. A potential meeting between Akazawa and senior Chinese officials would represent the most significant diplomatic contact since Japanese Prime Minister Sanae Takaichi sparked controversy by suggesting Japan might respond militarily to a hypothetical Chinese attack on Taiwan.
Following those remarks, Beijing implemented various retaliatory actions, including discouraging Chinese citizens from traveling to Japan and restricting exports of certain rare earth materials essential for manufacturing electric vehicles, weapons, and other products.
KUALA LUMPUR, May 22 – Starting June 1, Malaysia will implement fresh regulations designed to shield young people from dangerous online material, according to an announcement Friday from the country’s communications regulator.
The Malaysian Communications and Multimedia Commission announced that these new regulations will mandate online service companies to establish protective measures that restrict account creation and ownership for individuals younger than 16, while also enforcing enhanced content oversight across their platforms.
According to the commission, these initiatives target providing suitable age-based protections and limitations for high-risk elements found on digital platforms.
The regulatory body stated that online platform companies must establish “effective reporting and response mechanisms, advertiser verification measures and the labelling of manipulated content where appropriate.”
While the commission mentioned that online platforms will receive a grace period to put these measures into effect, officials did not reveal how long this transition period will last.
In recent years, Malaysia has increased its oversight of social media corporations following discoveries of a significant increase in dangerous online material. Malaysian officials classify online gambling, fraudulent schemes, child pornography and grooming, cyberbullying, and material concerning race, religion, and royalty as harmful content.
The administration intends to implement age verification for users within this year, mirroring comparable actions worldwide aimed at restricting social media access for young people.
Turkish officials have permanently shut down Istanbul Bilgi University by canceling its operating permit, according to an announcement in the country’s Official Gazette on Friday. The closure comes after government authorities took control of the institution during a criminal investigation last year.
The private university, which opened its doors in 1996, was purchased by Can Holding in 2019. However, the holding company’s assets were confiscated by the government as part of an ongoing probe into money laundering, tax evasion, and organized crime activities last year.
Following the government seizure, officials placed the university under the management of a state-appointed trustee. The institution currently serves approximately 22,000 students, with about 3,400 new enrollments expected for 2025.
According to Turkish news outlets, affected students will transfer their studies to the Mimar Sinan University of Fine Arts, which serves as Istanbul Bilgi University’s guarantor institution. Under Turkish law, all private foundation universities must designate a state university as their guarantor school.
Turkish President Tayyip Erdogan gave final approval for the decision to cancel Istanbul Bilgi’s operating license, effectively ending the university’s nearly three-decade operation.
House Republicans on Thursday postponed a planned vote on legislation that would force President Donald Trump to end military involvement in Iran, as party leaders struggled to gather sufficient support to block the measure.
The GOP leadership faced difficulties securing enough votes to dismiss the resolution, which would require the president to withdraw from the conflict with Iran. As a result, the planned vote has been pushed back until June.
The delay highlights the challenges Republicans are encountering as they work to maintain unity on foreign policy issues while the administration continues its military engagement in the region.
RALEIGH, N.C. — Carolina’s extended time away from the ice caught up with them in a big way Thursday night, as the Hurricanes suffered through defensive lapses and mental mistakes in a crushing 6-2 loss to Montreal to open the Eastern Conference Final.
The Hurricanes had been idle for 11 days following their sweep into this round — the most extended rest period for any club before beginning their next playoff series since at least 1920. That lengthy layoff showed immediately as Carolina watched Montreal strike for four goals within the opening 11-plus minutes, establishing the foundation for what became a dominant performance by the Canadiens in the best-of-seven opener.
During the contest, the squad that had compiled an 8-0 record through their first two playoff rounds while never surrendering more than two goals in a single game found themselves constantly caught out of position and missing defensive assignments as Montreal generated numerous high-quality scoring opportunities in open areas.
“We lost the game from the start,” Carolina captain Jordan Staal said. “Obviously, giving them that many freebies, any team is going to make you pay, especially at this time of year. There wasn’t enough respect for them. They played a great game. They were ready to roll and we weren’t.”
The performance will intensify the debate about whether extended rest helps or hurts teams, a conversation that had surrounded Carolina since they eliminated Philadelphia on May 9 and began waiting for Montreal to finish their seven-game series against Buffalo. The Hurricanes appeared to experience both benefits (Seth Jarvis found the net in the opening minute for an early lead) and drawbacks (surrendering numerous premium scoring chances) from their time off.
Montreal center Jake Evans acknowledged the unusual situation, saying: “That’s a really unique circumstance to be off however many days.”
“I don’t think that had anything to do with it,” Jarvis said about the break. “I think it was just a lack of awareness and just us not being ready to go right from the puck drop.”
The opening proved shocking for Carolina, and not just because they trailed 4-1 after Ivan Demidov executed a forehand-backhand-forehand sequence to beat Frederik Andersen on a breakaway. More concerning was how systematically Montreal dismantled Carolina’s defensive structure.
Carolina has built success around aggressive forechecking and puck control that creates offensive zone pressure while limiting opposition chances. This strategy has powered an eight-year postseason streak and helped them finish second only to Presidents’ Trophy winner Colorado during the regular season.
The Hurricanes then eliminated Ottawa and Philadelphia in sweeps, becoming the first franchise to win their opening two playoff rounds without dropping a game since the NHL adopted best-of-seven formatting for all four rounds in 1987. They never trailed during their first five playoff contests. They received outstanding production from the Logan Stankoven, Taylor Hall and Jackson Blake line to compensate for quiet offensive numbers from their top unit of Jarvis-Sebastian Aho-Andrei Svechnikov. Andersen had been outstanding by making crucial saves throughout.
None of that excellence was visible Thursday.
“We weren’t ready, we weren’t mentally ready to play at that (level) we had been playing,” coach Rod Brind’Amour said. “Everything was just a little off and they’re a very, very talented team. Obviously, some of them were just blown coverages that I don’t know what we were thinking.”
Montreal arrived brimming with momentum after capturing a Game 7 victory on the road against Tampa Bay, then repeating that feat Monday night in overtime against the Sabres.
Montreal coach Martin St. Louis revealed that the team’s analytics department had begun studying Carolina while they were still battling through the Buffalo series. The Canadiens certainly appeared well-prepared in another loud and intimidating atmosphere, successfully moving the puck away from Carolina’s aggressive pressure early to create clean breakouts and multiple breakaway opportunities against Andersen.
Meanwhile, Brind’Amour acknowledged it was a “tough” performance for several of Carolina’s key players. That included defenseman Jaccob Slavin, who recorded a minus-4 rating.
More troubling, this result compounds the mounting pressure from Carolina’s Eastern Conference Final struggles. This marks the team’s third appearance in four years and fourth time in their current eight-season playoff streak under Brind’Amour. The Hurricanes now hold a 1-13 record in those contests, including sweep losses to Boston in 2019 and Florida in 2023.
Game 2 is scheduled for Saturday night.
“I think we just toss this game to be honest,” Brind’Amour said. “I hate that this time of year that’s what we’ve got to do. But there wasn’t much to grab on to there.”
Markets across Asia posted increases Friday, mirroring moderate advances seen on Wall Street, as crude oil costs continued climbing due to persistent uncertainty surrounding the Iran conflict.
Energy prices had dropped Thursday during U.S. market hours, reducing strain on bond markets as yields declined. Bond yields had surged earlier this week to levels that posed risks to global economic growth and threatened to drive down values of stocks, bitcoin, and various other investments.
U.S. market futures showed slight increases while Tokyo’s Nikkei 225 jumped 2.7% to reach 63,352.44. Economic data revealed inflation dropped to a four-year low of 1.4% in April, even as energy costs increased due to the ongoing conflict.
South Korea’s Kospi index advanced 0.6% to 7,860.59.
Hong Kong’s Hang Seng climbed 1.2% to 25,685.65, while the Shanghai Composite index increased 0.5% to 4,096.24.
Australia’s S&P/ASX 200 moved up 0.5% to 8,664.00.
Taiwan’s Taiex traded 1.5% higher, while India’s Sensex edged up 0.2%.
Crude oil costs stayed high due to disruptions affecting the Strait of Hormuz, a vital passage for energy transportation, with shipping operations remaining significantly reduced compared to levels before the Iran conflict started in late February. Ongoing discussions between the U.S. and Iran have continued without resolution, contributing to market uncertainty.
Congressional Republicans faced challenges Thursday in securing enough support to defeat legislation requiring President Donald Trump to end involvement in the war, pushing scheduled votes on the issue into June.
Brent crude, the global benchmark, increased 1.5% to $104.08 per barrel. Prices were approximately $70 per barrel in February before hostilities commenced. U.S. benchmark crude traded 0.9% higher at $97.25 per barrel.
“Markets are still searching for signs of progress in a potential deal between the US and Iran,” ING commodities strategists Warren Patterson and Ewa Manthey wrote in a note on Friday. “While there are signs of optimism, uncertainty reigns.”
Wall Street posted gains Thursday, with the benchmark S&P 500 rising 0.2% to 7,445.72. The Dow Jones Industrial Average increased 0.6% to 50,285.66, while the technology-heavy Nasdaq composite moved up 0.1% to 26,293.10.
Nvidia stock dropped 1.8% even after reporting quarterly earnings that exceeded expectations amid the artificial intelligence boom, with some market analysts still considering the share price undervalued.
Southwest Airlines increased 2.7% and American Airlines rose 4.9% as energy costs declined before recovering. Ralph Lauren jumped 13.9% after reporting quarterly results that beat forecasts.
In early Friday trading, the yield on the U.S. 10-year Treasury stood at 4.56%, down from over 4.67% earlier this week, when increased global inflation pressures related to the conflict drove bond yields higher.
The U.S. dollar strengthened to 159.02 Japanese yen from 158.98 yen. The euro traded at $1.1613, declining from $1.1619.
KHARTOUM, Sudan — A routine call from a husband became the last contact a Sudanese family would ever have. He had finished his duties and planned to visit the market on his way home. But this wasn’t an ordinary workday — he was coming back from battle.
Fahmy al-Fateh never returned home that day. His wife, Azaher Abdallah, began reaching out to friends, family members, and eventually his military unit colleagues. Witnesses last spotted her husband departing from a military facility in Khartoum on a motorcycle. That occurred more than 12 months ago.
Today, their young 3-year-old boy yells at every motorcycle that passes by, believing his father might be riding it, Abdallah explained.
“He was the most precious thing in my life,” she expressed through tears, covering her face with her palms. “I would feel more at peace if I knew something. It’s better than not knowing what happened to him, whether he’s alive or dead.”
Al-Fateh represents just one case among more than 8,000 individuals who have disappeared throughout Sudan’s three-year conflict, based on data from the International Committee of the Red Cross. The warfare has shattered families across the nation. Citizens have become separated during evacuation attempts, vanished amid combat operations, or been secretly imprisoned, leaving loved ones desperate for answers about their whereabouts.
Numerous missing persons from Khartoum state are believed to rest in unmarked burial sites where tens of thousands of remains have been discovered since Sudan’s army regained control of the capital from paramilitary forces last year.
During active fighting, burying bodies in traditional cemeteries proved extremely hazardous. Residents created graves wherever possible under the circumstances.
While traveling through the city last month, Associated Press journalists observed sports facilities and burial grounds filled beyond capacity with the deceased. Dirt piles next to an abandoned fuel station displayed improvised markers bearing names and dates, though many lacked any identification.
A military media representative accompanied the AP throughout the visit, including during interview sessions. The AP maintains complete editorial authority over its reporting.
The ICRC reported resolving more than 1,000 missing person cases but declined to specify how many individuals were found alive versus deceased.
Abdallah was asleep when her husband departed their home before dawn last January. Al-Fateh, a 38-year-old farmer and trader, had enlisted with Sudan’s army at the war’s onset. That morning, he was participating in efforts to reclaim Khartoum from the paramilitary Rapid Support Forces.
Since his disappearance, the 30-year-old Abdallah has searched throughout the city, checked hospital morgues, and requested military assistance. His unit promised to attempt locating him. If no news emerged, they advised, she should assume he was missing.
At their residence on Khartoum’s outskirts, she reviews photographs of him wearing his uniform, maintaining hope for his eventual return.
“That is what my heart tells me,” she stated.
Mental health experts explain that uncertainty regarding missing family members can trigger years of severe emotional distress.
“Families of missing persons experience additional layers of vulnerabilities due to hostilities, displacement and ambiguous loss,” explained Nathalie Nyamukeba, a psychologist with the ICRC.
Several Sudanese families report that continuing the search remains their only coping mechanism.
Sulafa Mustafa’s son disappeared two years ago. The reserved 18-year-old Suleiman Abdalsid visited a friend’s residence near Khartoum and failed to return home.
His mother persistently traveled through neighborhoods, even while artillery sounds echoed nearby, conducting house-to-house inquiries. She has checked medical facilities and detention centers, showing his photograph to countless strangers.
She has even used a rented microphone to call out his name.
“I haven’t lost faith in finding you,” she declared, then covered her face with her hands.
Locating people dead or alive remains extremely difficult in Sudan, particularly as the conflict continues. Laboratories that could have conducted DNA analysis have been destroyed, and few forensic experts remain in the country.
In Khartoum state, officials have relocated nearly 30,000 bodies — from approximately 50,000 total — that had been quickly buried near residences, in athletic fields, or alongside roads when the RSF controlled the territory. Their efforts are ongoing.
Roughly 10% of relocated bodies remain unidentified.
Hisham Zienalabdien, director general of the forensic medicine department for Khartoum state, explained they are preserving DNA from unidentified remains with hopes of eventually matching it with family members.
For families who have located loved ones but cannot provide proper burials, a different type of anguish exists.
Abubakar Alswai waited over a year to transfer his 73-year-old brother, Mohamed, from where he had been interred in front of his residence to a public cemetery.
The RSF had killed Mohamed but waited three weeks before allowing a neighbor to bury his bullet-struck and decomposing body. According to Islamic customs, widely practiced in Sudan, funeral services should occur as rapidly as possible, preferably within 24 hours.
Alswai wiped tears from his face while watching grave diggers exhume his brother’s remains. At least Mohamed would now receive the respectful burial he deserved, he said, and his family could find some closure.
“What happened had left a mark on my heart,” he said.
BELGRADE, Serbia — University students across Serbia are preparing for their largest demonstration of 2025 this weekend, intensifying their campaign for sweeping political reform in the Balkan nation governed by authoritarian President Aleksandar Vucic.
Saturday’s rally in the capital city of Belgrade is expected to draw thousands of participants from across the country.
The student-led movement previously organized massive anti-corruption demonstrations that challenged Vucic’s authority throughout last year. Currently, the activists are focusing their efforts on upcoming elections scheduled for later this year or early next, which they believe could remove Vucic’s right-wing populist administration from power.
“We hope a lot of people will come and spend the day with us, and then continue to support the students because we are preparing for the elections,” youth representative Isidora Jovanovic told The Associated Press. “Serbia needs a change, and students will bring that change.”
Saturday’s demonstration will take place at Belgrade’s Slavija Square, where a massive anti-government gathering occurred last March. That previous rally concluded with an abrupt disturbance that analysts later claimed — though the government disputed — involved authorities deploying a sonic weapon against peaceful demonstrators.
Earlier this week at the square, law enforcement officers intervened to keep Vucic’s supporters separated from students who were creating their “Students win” banners. Several days before that incident, an elderly person sustained injuries when a motorist disrupted a traffic blockade in downtown Belgrade.
Multiple confrontations have occurred in recent months, including violent episodes that disrupted a local election in March.
Jovanovic stated that event organizers are taking every precaution to prevent any confrontations, particularly given the large number of attendees expected from throughout Serbia. The students “don’t want any of them (citizens) to leave with a bad feeling or injuries.”
The student activism began following a railway station disaster that claimed 16 lives in northern Serbia during November 2024. The movement maintained faculty blockades for months in 2025, ultimately forcing then-Prime Minister Milos Vucevic and his administration to step down.
The demonstrators declared that outcome insufficient and have called for early elections, which Vucic has yet to schedule.
The demand for responsibility regarding the concrete canopy collapse at the Novi Sad station struck a chord with the general population, as many citizens attributed the disaster to widespread corruption and carelessness in government infrastructure developments.
Dusan Vucicevic, a professor at the Faculty of Political Sciences, described how the youth movement has evolved into a significant political force with substantial public backing. He believes students can anticipate an “excellent result” in future voting.
“We finally have a political group that can challenge the (ruling) Serbian Progressive Party and Aleksandar Vucic,” Vucicevic told the AP.
Vucic has mounted an aggressive campaign against the demonstrators. Government-aligned media outlets have labeled his opponents as terrorists and foreign operatives seeking to harm the nation — language that has intensified political tensions.
The president’s supporters will probably occupy a park encampment near the presidency building on Saturday, which he established last March, seemingly as protection against protesters. Multiple assaults on demonstrators and media personnel have been documented near the camp previously.
Accounts of law enforcement using disproportionate force and making arbitrary arrests of protesters have drawn international attention. Serbia’s retreat from democratic principles could result in the loss of approximately 1.5 billion euros ($1.8 billion) in European Union funding designated for membership candidate countries.
Branislav Vasic and Filip Novakovic, first-year students at Belgrade’s Faculty of Political Sciences, told the AP they plan to attend Saturday’s demonstration. The 19-year-olds described participating alongside their senior classmates in protests as essential.
“Everyone should go to the rally out of principle because of the situation,” Vasic said. He maintains that “there is the strength for change as long as people want it.”
Novakovic expressed his belief that “we are together in this, one step away from a better future.” He said this generation possesses a unique opportunity to achieve the transformations that earlier generations were unable to accomplish.
“I will keep trying as long as I live,” he said. “This struggle is a long one.”
British law enforcement officials announced Friday that their criminal investigation into Andrew Mountbatten-Windsor will require considerable time and resources, following the royal family member’s arrest earlier this year on charges of misconduct in public office.
The younger sibling of King Charles was taken into custody at his Norfolk residence in February and questioned for several hours by investigators. His arrest came after the U.S. Department of Justice released millions of documents connected to deceased sex offender Jeffrey Epstein.
The detention of the 66-year-old royal, who holds eighth position in the line of succession, marked an extraordinary moment in contemporary British history. International media outlets featured photographs of the former prince departing the police facility.
Mountbatten-Windsor, the second child of the late Queen Elizabeth, has consistently rejected allegations of any improper conduct regarding Epstein, though he has acknowledged regretting their association. He has remained silent publicly since his arrest.
“The investigation is by necessity hugely thorough and will take time,” Oliver Wright, Assistant Chief Constable of Thames Valley Police, who are carrying out the inquiry, told reporters. “It’s not going to be a quick investigation by any means.”
Investigators are examining the former prince’s duties as special representative for trade and investment from 2001 to 2011, with correspondence from the DOJ indicating he may have disclosed sensitive information to Epstein.
The misconduct charge, which can result in life imprisonment, encompasses various forms of serious wrongdoing including information breaches, corruption, and sexual impropriety.
“There’s a number of aspects of alleged misconduct that the investigation is examining. So we’re speaking with a range of witnesses,” said Wright, who followed British protocol by not naming Mountbatten-Windsor directly, as is standard practice before formal charges are filed.
Wright reported that authorities have gathered “a significant amount of information” from citizens and various sources, emphasizing the investigation’s complexity.
Officers are also examining claims that a woman was brought to a Windsor location in 2010 for sexual purposes, after legal representation for the alleged victim informed the BBC that Epstein had arranged for her to travel to Britain for a sexual encounter with the former prince.
While investigators have interviewed the attorney, the woman herself has not yet filed a formal complaint. British authorities noted that some potential victims may hesitate to come forward due to intense media scrutiny.
“In terms of Epstein victims and survivors, we hope that anyone with relevant information will come forward and I really want to stress that our door is open whenever a victim survivor is ready to engage with us. We’re ready for you at whatever point that may be,” Wright said.
A specialized team of veteran officers is handling the case, which has been classified as a major crime equivalent to a homicide investigation. They are coordinating with the U.S. Department of Justice but have not yet obtained the Epstein documents.
“That is ongoing, and it’s a fairly complex thing to do, but we’re working very hard on that,” Wright said.
On Thursday, the British government disclosed confidential records regarding Mountbatten-Windsor’s trade envoy appointment, revealing that the late queen had advocated for his selection to the position.
King Charles, who removed his brother’s titles and honors last October, expressed deep concern about the arrest and stated that authorities have the family’s “full and wholehearted support and cooperation.”
Thames Valley is not the sole British police department investigating potential crimes related to the Epstein files.
Surrey police announced Tuesday that they are examining two allegations of child sexual abuse, one reportedly occurring in the 1980s and another from the mid-1990s to 2000. Officials provided no additional information about the individuals involved.
A French quantum computing startup announced Friday it has secured new funding from Nvidia’s venture capital division, as competition intensifies in the rapidly evolving quantum technology sector.
Alice & Bob, the Paris-based company, received investment from NVentures but did not disclose the funding amount. The announcement follows the Trump administration’s recent commitment to invest $2 billion in equity across nine quantum computing firms as part of efforts to maintain American dominance in this emerging field.
Growing technological advances have sparked increased investor enthusiasm for quantum computing’s ability to accelerate processes in areas like pharmaceutical research, financial analysis, and encryption technology.
The surge in funding reflects growing recognition that “computing infrastructure is becoming more and more crucial in our economies,” Alice & Bob CEO Theau Peronnin explained to Reuters. He described the investment increase as “massive.”
The company, which maintains locations in Paris and Boston, specializes in “cat qubits” – a unique form of quantum bit engineered to better withstand errors compared to standard qubits. This addresses a fundamental challenge facing quantum computing development.
This latest funding supplements a €100 million Series B financing round the company completed last year. According to Peronnin, the new investment follows recent collaborative work between Alice & Bob and Nvidia on multiple projects that showcased the firm’s capabilities and innovations.
Peronnin emphasized that Alice & Bob’s approach enables the creation of “very compact, very cost-efficient” quantum systems, “positioning us really at the forefront of the race at the moment.”
The company is taking part in France’s PROQCIMA initiative, overseen by the Ministry of the Armed Forces, which targets completion of two French-developed universal quantum computer prototypes ready for commercial production by 2032.
“We hope for a strengthening of that public procurement programme,” Peronnin stated, noting that government backing of strategic sectors “forces companies to deliver and it helps create champions.”
Cleveland has made a habit of fighting back from deficits throughout these NBA playoffs.
However, the Cavaliers have never faced an opponent playing as well as New York is right now.
Josh Hart rebounded from a disappointing first game by contributing nine points during an 18-point third-quarter scoring streak for New York on Thursday evening, helping the home team secure a 109-93 victory over Cleveland and take a 2-0 advantage in the Eastern Conference finals.
New York has now captured both opening games of this best-of-seven matchup at home, following their 115-104 overtime victory on Tuesday when they erased a 22-point fourth-quarter disadvantage.
The series shifts to Cleveland for Game 3 on Saturday evening.
The third-seeded New York squad will enter Saturday’s contest exactly one month since their last defeat and just two wins away from reaching the NBA Finals for the first time since 1999.
New York has captured nine consecutive games, establishing a franchise record for victories in a single postseason run, dating back to a 109-108 defeat against Atlanta in Game 3 of their opening-round matchup on April 23.
Eight of those nine wins came by double-digit margins as New York has accumulated a plus-221 scoring differential, the highest mark through any team’s initial 12 playoff contests in league history.
“We’re hungry for the opportunity to go out there and play basketball at the highest level,” Knicks center Karl-Anthony Towns said, “but we also understand that you can never be satisfied in these positions in the playoffs. The mindset’s going to continue to be 0-0 every single time we step on that court.”
Hart recorded 26 points, establishing a new personal best for postseason play. He connected on 10 of 21 field goal attempts, including 5 of 11 three-point shots, while contributing seven assists. He managed only 13 points in Tuesday’s opener.
“Just a whale of a game from Josh,” Knicks coach Mike Brown said.
Towns recorded 18 points and 13 rebounds while Jalen Brunson contributed 19 points and a career-playoff-high 14 assists, giving New York two players with double-doubles. Mikal Bridges added 19 points and OG Anunoby chipped in 14.
“We don’t really care who gets the shine, the shots, the minutes, those kind of things — we’re focused on winning,” Hart said. “I think everyone is willing to sacrifice their own personal agendas or performance for the betterment of the team. And when you have a group of guys that do that, sky’s the limit.”
Donovan Mitchell led Cleveland with 26 points while Jarrett Allen recorded 13 points and 10 rebounds for the fourth-seeded Cavaliers, who now trail 2-0 for the second consecutive series. Cleveland defeated Detroit in seven games during the conference semifinals.
The Cavaliers also required seven games to eliminate Toronto in the opening round, though Cleveland had jumped ahead 2-0 in that series.
“This isn’t our first time facing adversity,” Mitchell said. “We’ve been to two Game 7s, so being down 2-0, it’s not the biggest challenge. It’s right there. So let’s go ahead and take advantage of it.”
James Harden contributed 18 points while Evan Mobley added 14 for Cleveland, which managed just 38.8% shooting (31-for-80) from the floor — including 25.7% (9-for-35) from three-point territory — and 68.8% (22-for-32) from the free-throw line.
“Wasn’t a great shooting night,” Cavaliers coach Kenny Atkinson said. “At the end of the day, you’ve got to put the ball in the hole. Tonight, we didn’t.”
Both teams stayed within six points of each other during the opening half, when Hart and Anunoby collaborated on an 8-4 scoring run to close the second quarter and give New York a 53-49 halftime advantage.
Allen and Mitchell each scored to begin the third quarter, tying the contest for the last time before Brunson’s 28-foot shot ignited the 18-0 scoring burst.
Cleveland missed all seven field goal attempts and both free throw tries while turning the ball over twice during New York’s decisive run, which concluded when Hart connected on a three-pointer to push the lead to 71-53 with 5:35 remaining in the period.
New York held an 85-70 advantage entering the fourth quarter before Cleveland made one final push by scoring the opening eight points. However, Anunoby answered with a three-pointer at the 8:39 mark and Cleveland managed to get within single digits only once more.
New York’s lead reached as high as 19 points in the closing minutes.
The world’s biggest computer manufacturer announced quarterly earnings that far surpassed analyst predictions on Friday, with revenues climbing 27% as customers accelerated PC purchases in anticipation of higher prices due to component shortages.
Stock prices for the Chinese technology company jumped 15% on Friday, making it the top performer on the Hang Seng Index.
The company’s computer, tablet and mobile device segment – which generates the majority of its income – saw revenues increase 24% during the quarter ending in March, marking the strongest quarterly performance in half a decade.
These impressive results follow earlier company warnings about potential disruptions to computer shipments as the technology sector faces an increasingly severe shortage of memory components. The manufacturer has already implemented price increases to offset rising memory costs.
“Supply (of memory chips) is in heavy shortage, and the cost is growing faster,” the company’s CEO Yang Yuanqing explained to Reuters on Friday, noting that having a more diverse supplier network – including Chinese manufacturers – helped minimize the disruption.
According to regulatory documents filed this month, China’s leading memory chip producer ChangXin Memory Technologies listed the computer maker among its key clients, while reporting revenue growth exceeding 700% in the first quarter due to surging memory chip prices.
Memory component costs doubled during the first quarter compared to the previous period and are projected to rise as much as 63% in the current quarter, driven by artificial intelligence data center demand that has reduced supplies available for phones, laptops and vehicles.
The technology company reported fourth-quarter revenues of $21.6 billion, significantly exceeding analyst forecasts of $18.7 billion, while its computer shipment growth exceeded overall market performance by almost six percentage points.
The corporation is also rapidly expanding into artificial intelligence processing markets, with its AI server order backlog reaching $21 billion.
The infrastructure solutions division, which encompasses AI server operations, achieved 37% revenue growth in the fourth quarter, outperforming all other company divisions.
Shareholder profits surged 479% to $521 million, well above analyst expectations of $271 million, according to LSEG data.
Worldwide computer shipments increased 3.2% in the first quarter of 2026 to 63.3 million units, while the company’s shipments rose 9% to 16.5 million units, capturing a 26% market share, according to Counterpoint Research.
A major Wall Street financial institution is working to transfer risk associated with over $4 billion in private equity fund loans, according to a Friday report from the Financial Times citing sources with knowledge of the situation.
JPMorgan is reportedly negotiating with investors on a deal that would allow the bank to shift risk related to ‘net asset value loans’ that are secured by private equity fund holdings, according to the report.
The news outlet’s report could not be independently confirmed by Reuters. When contacted for comment, JPMorgan did not provide an immediate response to Reuters.
Market confidence in private credit has declined over recent months as worries grow about relaxed lending practices and the possibility that artificial intelligence could disrupt the software industry — an area where many funds have significant exposure.
According to the Financial Times, the major bank is developing a risk transfer mechanism that would keep the NAV loans on its books while moving some potential losses to outside investors.
Federal prosecutors have filed criminal charges against former Cuban President Raúl Castro in connection with civilian aircraft shot down in 1996 that were operated by Miami-based exiles, marking an escalation in the Trump administration’s pressure campaign against Cuba’s socialist government.
In Bolivia, demonstrations and roadblocks organized by mining workers and labor unions brought the country’s political capital to a standstill, intensifying pressure on President Rodrigo Paz merely six months after he took office.
Suspected members of Los Ardillos launched attacks on communities throughout Mexico’s Guerrero region using gunfire, fire-setting and explosive drones, compelling hundreds of residents to evacuate their homes.
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This gallery was assembled by photojournalist Eraldo Peres based in Brasilia, Brazil.
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AP photography: https://apnews.com/photography
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CORONA, Calif. — While California isn’t considered friendly territory for Trump supporters, a bitter Republican primary battle is unfolding in a district southeast of Los Angeles where two sitting House members are attacking each other’s dedication to the former president.
Rep. Ken Calvert, who holds the distinction of being the longest-serving Republican in California’s House delegation, has launched advertisements labeling his opponent Rep. Young Kim as a “traitor” to President Donald Trump and calling her “a liberal and a liar.” His campaign spots feature old footage of Kim making critical comments about Trump.
Kim, who previously emphasized her independence from Trump’s administration, now calls herself a “Trump Republican” and has released commercials claiming Calvert has been “sabotaging President Trump’s agenda” while only “serving himself.” She has accused him of working in “lockstep with Nancy Pelosi,” the former Democratic House speaker who remains unpopular among Republican voters.
The harsh rhetoric between these two House members, who were once cordial colleagues, highlights the high stakes of a race neither wanted to face. The June 2 primary marks the first election since Gov. Gavin Newsom successfully pushed for new congressional boundaries as part of a nationwide redistricting effort aimed at securing Democrats five additional House seats in California.
This Republican-against-Republican battle in one of the remaining conservative strongholds in left-leaning California demonstrates how electoral maps have been transformed nationwide.
The matchup has drawn national attention: Calvert and Kim represent the only Republican House incumbents competing against each other in the 2026 primaries. Texas features a similar situation with Democratic Reps. Al Green and Christine Menefee also forced to compete due to redistricting.
The campaign reveals how many Republicans continue to rally around the president despite his declining approval ratings amid the war in Iran and rising consumer costs.
Democrats across the nation have found encouragement in recent election outcomes leading up to the midterms, which historically benefit the party not controlling the presidency. Trump has demonstrated his ongoing influence within the party by helping defeat several incumbents who challenged the White House. Republicans currently maintain a narrow 217-212 House majority, with one independent and five empty seats.
During a recent weekend gathering organized by conservative activists in Calvert’s home city of Corona, retired Trump supporter Mike Rutland expressed uncertainty about his choice amid the flood of attack ads from both campaigns. Absentee voting has already begun.
“I want my state back,” Rutland expressed, frustrated with years of Democratic leadership. Regarding the primary, he stated “we don’t want any RINOs,” referring to the disparaging term meaning “Republicans in name only.”
The nationwide struggle for House control continues as more states work to redraw district lines for political gain following a recent Supreme Court decision that limited the federal Voting Rights Act and gave states more freedom to eliminate districts with significant minority populations. In California, the revised House map has disrupted Republican ranks when a single district’s outcome could decide overall control.
Veteran GOP Rep. Darrell Issa announced his retirement in March rather than face competition in a redrawn district favoring Democrats. Former Republican Rep. Kevin Kiley switched to independent status when confronted with a difficult reelection campaign in a Democratic-leaning area. GOP Rep. David Valadao is pursuing reelection in his Central Valley district where Democratic voter registration was increased in an attempt to defeat him.
For both Calvert and Kim, this election in a district spanning inland Riverside and Orange counties might serve as preparation for a head-to-head rematch in November. California’s election system allows the top two primary vote-getters to proceed to the general election regardless of party affiliation. While five Democrats and one independent appear on the ballot, the district’s nearly 9-point Republican voter registration advantage suggests only the two Republicans may advance.
In a state where Republicans haven’t captured a statewide office in twenty years, this GOP-favoring district represents a remnant from the past. Orange County once ranked among America’s most reliably Republican regions, earning the nickname Reagan country due to its connection with former Republican President Ronald Reagan.
GOP strategist Jon Fleischman, who previously served as executive director of the California Republican Party, observed that both candidates are “giving President Trump a very big bear hug.” However, if both proceed to November, an important consideration will be “Where do all the Democrats and nonconservative voters end up?”
“I think it’s going to be ugly,” Fleischman predicted.
As a preview of potential future attacks, voters have received mail from Kim’s campaign claiming Calvert supported legislation to “force taxpayers to fund sex change operations for children,” which Calvert’s team dismisses as false. Meanwhile, his campaign highlights Kim’s backing of a resolution to censure Trump for his involvement in encouraging the Jan. 6, 2021, Capitol riot, branding her a “Trump betrayer.”
“I’m not personalizing it. I’m just pointing out somebody’s record,” Calvert explained regarding her support for the resolution during an interview at the barbecue event.
Calvert, who first won election in 1992, has represented territory comprising more than half of the redrawn district and serves on the influential Appropriations Committee.
Kim was born in South Korea, raised in Guam, and moved to California for her college education. She established herself as a small-business owner before winning election to the state Assembly and later Congress.
During her 2018 House campaign, she highlighted her independence from Trump’s White House on matters like trade policy. “I’m a different kind of candidate,” she told The Associated Press then.
Kim now pledges on her website to “stand with President Trump.”
“The great American comeback depends on it,” she stated.
NEW YORK (AP) — Following more than ten years of preparing dough at his family’s Brooklyn pizza establishment, Salvatore Lo Duca recently learned something troubling: A crucial ingredient in their thin-crust pizzas, bromated flour, included a potential cancer-causing substance that’s already prohibited in most countries worldwide.
Working in the rear kitchen of Lo Duca Pizza, the 39-year-old started modifying the traditional recipe passed down from his parents — with surprising outcomes.
“When we started playing around with a different flour, I actually took a liking to it,” said Lo Duco, who runs the shop with his five brothers. “It’s a little more expensive, but the quality is there.”
An approaching prohibition on the chemical, potassium bromate, could soon compel thousands of pizza establishments and bagel stores throughout New York to undergo a comparable transformation.
The legislation, approved by state lawmakers and waiting for Gov. Kathy Hochul’s signature, has created divisions among dough-makers, sparking concerns that even a small modification to established baking methods could significantly impact the city’s most famous foods.
“This is an earth-shaking event for New York pizza,” said Scott Wiener, a pizza historian who leads tours of notable slice shops. “That ingredient is part of the identity of the slice.”
Workers at multiple establishments using bromated flour refused to provide comments for this report. However, Wiener calculated that approximately 80% of pizza and bagel businesses depend on flour containing the oxidizing substance, which shortens dough resting periods and helps create a stronger, chewier final product.
For many, the distinctive characteristics of New York bagels — their height and form, outer crispness and elastic texture — wouldn’t be achievable, or at least as widespread, without this chemical enhancement.
“You could achieve that same bagel texture, but it’s a lot more work and it’s going to be a lot more expensive,” lamented Jesse Spellman, the second-generation owner of Utopia Bagels.
In preparation for the potential prohibition, he’s also been modifying his family’s formula, testing different yeast amounts and rising periods.
“It’s going to take some time to get a product that we’re happy with,” Spellman said.
However, others view the suggested potassium bromate ban as overdue. The ingredient is currently forbidden throughout the European Union, China, India, Canada and — starting next year — California. Some researchers have suggested that its absence outside America might explain why many Americans find baked products in Europe and other places more digestible.
“From a consumer’s point of view, there’s nothing good about potassium bromate,” said Erik Millstone, a professor of science policy at the University of Sussex focused on the health impact of chemicals in food.
Dating back to the 1980s, he explained, research has demonstrated it can trigger cancer in laboratory animals, even at “perfectly reasonable” amounts.
“Most well-informed people would prioritize a long healthy life over a slightly softer and more soluble bun,” he said.
Currently, many of New York’s most acclaimed pizza restaurants, especially newer and more craft-focused establishments, promote their use of “unbromated” flour.
However, local slice shops continue to predominantly use a General Mills flour called All Trumps, a standard component since the city’s first quick-service pizza places opened almost a century ago, according to Wiener. General Mills now offers an unbromated flour for approximately the same cost, though other options are more expensive.
In Wiener’s opinion, the shift from bromated flour could eventually enhance slice quality citywide.
“Without such a fast turn around for dough production, you’re going to get more well-fermented doughs, which is going to lead to lighter pizzas that are easier to eat and leave you with less of a stomachache,” he said. “It will require more of a process. But everything will be built back better.”
Should the legislation become law, businesses will receive a one-year grace period to continue using the additive, plus extra time to finish unexpired supplies. A spokesperson for Hochul said she would review the bill.
Meanwhile, the possibility of the ban has created reactions beyond New York’s boundaries.
“Pizza in Florida is officially better than pizza in New York,” crowed Mario Mangilia, the owner of DoughBoyz in Florida in a recent Instagram post. He added that “my grandfather would haunt me” if the shop’s dough recipe were ever changed.
But after facing criticism from several prominent pizza accounts regarding the additive’s health risks, Mangilia seemed to reconsider his pro-bromate position.
“I’ll tell you what,” he replied to a Long Island-based pizza owner. “I’ll test some different flour out to check it out.”
WASHINGTON (AP) — President Donald Trump plans to visit a closely contested congressional district in New York on Friday to promote his economic agenda, despite declining public approval of his economic performance.
The president will make an appearance in the Hudson Valley region alongside Republican Rep. Mike Lawler, who faces reelection in what analysts expect to be among the most competitive House contests this November. The event will center on promoting tax legislation Trump enacted last year, specifically highlighting the expansion of state and local tax deductions from $10,000 to $40,000, a significant benefit for residents of high-tax states like New York.
White House officials have been seeking additional opportunities to showcase Trump’s economic record as his approval numbers on economic issues have declined. Recent polling by AP-NORC shows approximately one-third of American adults support Trump’s economic management, a decrease from the 40% approval rating he held at the beginning of his second term. Despite campaign promises to reduce costs, gasoline prices have increased this year due to conflict in Iran.
Lawler represents one of only three House districts held by Republicans that voted for Democratic presidential candidate Kamala Harris in 2024. While the other two representatives — Nebraska Rep. Don Bacon, who is retiring, and Pennsylvania Rep. Brian Fitzpatrick, who has criticized Trump policies — have distanced themselves, Lawler has chosen to align with the controversial president to maintain support among Republican base voters.
“Look, the people who hate the president — and that’s their sole basis for their vote — are likely never voting for me,” Lawler told The Associated Press during an interview at the White House congressional picnic this week. He characterized Trump’s visit as an opportunity to motivate his supporters.
“Moreover, I have a record in my district that is one I’m very proud of, and a record that appeals to a broad middle,” Lawler stated, sporting a red baseball cap with “Mr. SALT” printed on it, referencing the state and local tax deduction he advocated for in the legislation. “I am confident that I will be reelected on my own merits and my own record.”
The president’s speech at Rockland Community College in Suffern, New York, will “highlight his strong record of making life more affordable for working families,” according to White House spokesperson Liz Huston. She noted that Trump intends to contrast his approach with Congressional Democrats who opposed the tax legislation.
Trump initially implemented a SALT cap in 2017 through his Tax Cuts and Jobs Act. Last year’s legislation increased the SALT deduction to $40,000 from $10,000 following difficult negotiations with Republicans, including Lawler, whose constituents face substantial local tax burdens. The new law also increased average tax refunds for New York residents to over $3,800, based on White House data.
“My constituents were seeing anywhere from $5,000 to $20,000 refund checks, which is pretty massive,” Lawler explained, mentioning his plan to present Trump with one of his “Mr. SALT” caps.
Trump officially backed Lawler’s reelection campaign last year, though the endorsement came while the congressman was considering a gubernatorial run in New York. Political observers interpreted the endorsement as an effort to encourage Lawler to seek reelection rather than create an open, competitive House seat.
Five Democratic candidates are competing for their party’s nomination to challenge Lawler in the general election. The Democratic primary is scheduled for June 23.
“Nothing says ‘I don’t understand my district’ quite like Mike Lawler bringing Donald Trump to NY-17 to tout a disastrous economy that’s crushing working families at every turn,” commented Riya Vashi, a spokesperson for the Democratic Congressional Campaign Committee.
National Republican Congressional Committee chairman Richard Hudson disagreed with that assessment, maintaining that Trump’s Friday visit will “absolutely” benefit Lawler’s campaign.
“His poll numbers are pretty good in Lawler’s district,” Hudson, a North Carolina congressman, stated. The NRCC has conducted polling in competitive districts, and Hudson reported that the “president’s numbers are good. Democratic numbers are tanking.”
Lawler clarified that the event is an official White House function rather than a campaign rally, noting that over 5,000 people registered to attend within the first 12 hours registration was available.
WASHINGTON — America’s top diplomat Marco Rubio is working to calm worried European partners about the Trump administration’s plans for NATO, attempting to present a more diplomatic approach amid confusion over U.S. military presence overseas.
On Friday, Rubio will participate in a NATO foreign ministers gathering in Sweden while Pentagon leadership simultaneously briefs the 32-member alliance on America’s military dedication to European security at NATO headquarters in Brussels.
This diplomatic meeting, which comes before a NATO leaders summit scheduled for Turkey in July, occurs during significant uncertainty about the Iran war’s trajectory and whether stalled American efforts to mediate the Russia-Ukraine conflict might restart. European frustration continues over President Donald Trump’s critiques of partner nations and his expressed desire to acquire Greenland, which belongs to NATO member Denmark.
Rubio frequently serves as a more moderate voice from the Trump administration during international gatherings. He has been sent on multiple diplomatic missions this year, including the Munich Security Conference in February and a recent trip to Italy, where he engaged with Italian leadership and Pope Leo XIV following Trump’s criticism of the pontiff regarding his positions on crime and the Iran conflict.
Before departing for the meeting in Helsingborg, Sweden, Rubio refused to address potential modifications to America’s military footprint in Europe, including possible reductions in troop numbers under the NATO Force Model, which serves as a backup plan for European security during serious threats.
The Trump administration had previously decided to halt the deployment of thousands of American troops to Poland and Germany, but the president then announced on social media Thursday that “the United States will be sending an additional 5,000 Troops to Poland.”
Uncertainty remains about whether this means the previously canceled brigade would resume its Poland deployment, if extra troops beyond the rotational assignment would be added, or if troop reductions would still occur in other European nations. Pentagon officials directed inquiries to the White House, which did not immediately provide clarification.
Previously, Rubio confirmed that Trump and other administration officials, including himself, are “very disappointed” with NATO, particularly regarding its Iran war response.
“I don’t think anyone is shocked to know that the United States, and the president in particular, is very disappointed at NATO right now,” he told reporters in Miami before boarding his plane.
While describing himself as a “strong supporter” of the transatlantic military partnership and calling it significant, Rubio echoed criticisms that certain NATO partners, particularly Spain, had blocked U.S. base access for Iran conflict operations. He noted others showed reluctance to join efforts to reopen and secure the Strait of Hormuz, a vital oil shipping passage that Iran has largely shut down.
“I know why NATO is good for Europe, but why is NATO good for America?” Rubio asked rhetorically, answering his own question by referring to bases that allow the U.S. and others to project power globally. “So, when that is the key rationale for why you’re in NATO, and then you have countries like Spain denying us the use of these bases, well, then, why are you in NATO?”
Rubio observed that virtually all NATO members oppose Iran developing nuclear capabilities, yet few responded when Trump announced he would act to prevent such development.
“He’s not asking them to commit troops. He’s not asking them to send their fighter jets in. But they refuse to do anything, and so I think the president looks at that and says, ‘Hold on a second,’” Rubio said. “I think we were very upset about that. The president has made that very clear.”
NATO leadership has minimized the significance of American troop level adjustments in Europe, claiming these changes were planned well in advance and are not unexpected.
However, these announcements have caught some partners off guard and occurred despite American commitments to coordinate military decisions to prevent security vulnerabilities. Trump’s apparent reversal on Poland also came as another surprise.
NATO Secretary-General Mark Rutte stated Wednesday that American allies have been aware for a year that the Trump administration would withdraw some European troops, and the alliance expects “rightly, for Europe and Canada to take a bigger responsibility for the conventional defense of NATO and particularly, of course, the European part of NATO.”
Rutte indicated the U.S. “will stay involved” but might eventually redirect resources to other global regions. U.S. Gen. Alexus Grynkewich, who leads both American and NATO forces in Europe, assured this week that European security would remain intact but cautioned that allies should anticipate additional reductions in coming years.
The Trump administration has indicated that Europe must assume greater responsibility for its own security, including Ukraine’s protection, going forward.
President Donald Trump announced Wednesday his plans to hold a conversation with Taiwan’s President Lai Ching-te, marking an extraordinary step for an American leader that could strain diplomatic ties with China and potentially trigger additional Chinese military exercises near the island.
This marks Trump’s second announcement in a week regarding his intention to contact Lai, eliminating earlier theories that his initial mention following last week’s meeting with Chinese President Xi Jinping was an accidental comment.
Taiwan expressed willingness for Lai and Trump to engage in dialogue, although neither Washington nor Taipei has confirmed specific timing for such a conversation.
Addressing the potential Trump-Lai discussion, China’s foreign ministry stated Thursday that the United States must “handle the Taiwan issue with extreme caution and stop sending wrong signals to the separatist forces of Taiwan independence.”
The following explains why Beijing might strongly oppose such communication.
CHINA’S STANCE ON TAIWAN
Beijing considers Taiwan its most crucial and delicate matter, involving Chinese sovereignty and territorial integrity that outsiders should not question or meddle with.
China regards Taiwan as unfinished business from the Chinese civil war, during which the defeated Republic of China government escaped to the island in 1949 after losing to Mao Zedong’s communist forces, who established the People’s Republic.
Beijing declares Taiwan a Chinese province without legitimate claims to statehood and has not ruled out military action to achieve control, while stating preference for “peaceful reunification.”
China describes Taiwan as its “core of core interests” and an uncrossable red line, consistently condemning high-level interactions between foreign officials and Taipei as meddling in Chinese domestic matters.
Both Chinese and Taiwanese administrations do not officially acknowledge each other, and China declines to address Lai as “president.”
CHINA’S PREVIOUS RESPONSES TO U.S.-TAIWAN ENGAGEMENT
Beijing conducted significant military exercises around Taiwan in 2022 following then-U.S. House Speaker Nancy Pelosi’s Taipei visit, and has organized multiple other military drills responding to American engagement with Taiwan.
China’s most recent major military maneuvers near the island occurred in late December. Earlier that month, the Trump administration authorized an $11 billion weapons sales package to Taiwan, representing its largest ever.
TAIWAN’S PERSPECTIVE
Taiwan operates as a flourishing democracy whose leadership firmly dismisses Beijing’s sovereignty assertions. Taiwan maintains it is an independent nation named the Republic of China, the island’s official designation, with rights to international engagement and democratic self-determination.
Lai has consistently proposed discussions with China but faced rejection. Beijing labels him a “separatist.”
AMERICAN POSITION
America ended formal diplomatic relations with Taipei in 1979, choosing Beijing instead, but remains obligated under the Taiwan Relations Act to supply the island with defensive capabilities. America officially maintains neutrality on Taiwan’s sovereignty through Washington’s “One China” policy.
In 2022, the State Department incorporated language regarding the Six Assurances, referencing six Reagan-era security commitments to Taiwan that America declassified in 2020.
These assurances from 1982, previously kept confidential, include statements that America has not established a timeline for ending weapons sales to Taiwan, nor agreed to prior consultation with Beijing regarding such sales, or to modify the Taiwan Relations Act governing American policy toward the island.
China has consistently demanded America cease weapons sales to Taiwan.
TRUMP’S PREVIOUS TAIWAN CONTACT
In late 2016, President-elect Trump conducted a 10-minute conversation with then-President Tsai Ing-wen. China responded with measured criticism, filing a diplomatic protest and accusing Taiwan of pursuing a “petty action.”
A South Korean government minister announced his department will cease providing products from businesses that trivialize the nation’s democratic past, following widespread criticism of a Starbucks Korea promotional campaign that referenced a deadly 1980 military assault on democracy advocates.
The coffee company introduced its “Tank Day” promotion on the anniversary date of the May 18 Gwangju uprising, when military forces deployed troops and armored vehicles to crush mass demonstrations calling for democratic reforms.
“Conduct that makes light of that history or consumes it as commercial material is an issue that can never be taken lightly,” Yun Ho-jung wrote on X late on Thursday, expressing deep regret over what he called Starbucks Korea’s “anti-historical conduct” and saying the Ministry of the Interior and Safety would no longer offer products from companies that made light of the history and value of democracy or used it as commercial material.
This week, Shinsegae Group, which operates Starbucks locations in South Korea under license, terminated the coffee chain’s local chief executive due to the promotional campaign, stating it was unsuitable.
When contacted regarding the voucher decision, Shinsegae pointed to Tuesday’s public statement of remorse issued by Group Chairman Chung Yong-jin.
According to Yun, government departments including the Interior Ministry typically distribute gift certificates such as coffee vouchers to individuals participating in surveys, competitions and civic engagement activities.
He called on other institutions and citizens to adopt his ministry’s approach.
The Interior Ministry handles government operations along with emergency and safety oversight.
Minister of Patriots and Veterans Affairs Kwon Oheul also criticized Starbucks in an X post late on Thursday, saying his ministry would strengthen monitoring to prevent the spread of false information related to the uprising.
Military forces under the dictatorship of Chun Doo-hwan are believed to have killed or caused the disappearance of hundreds during the Gwangju protest suppression. Numerous aspects of the incident remain unclear, including the identity of who authorized troops to fire on demonstrators.
In his statement this week, Shinsegae Group Chairman Chung Yong-jin recognized the suffering the promotional campaign had inflicted.
“I deeply bow in apology as the representative of the group,” Chung said. The marketing “deeply hurt the public, the bereaved families, and the victims of the May 18 demonstration.”
The controversy has sparked consumer boycott movements on social media and prompted police complaints against Chung, according to Seoul law enforcement.
Data from WISEAPP shows Starbucks holds the top position among food and beverage chains in South Korea based on estimated customer numbers during the six-month period ending in February.
Vietnamese electric vehicle manufacturer VinFast is facing legal action from North Carolina officials who claim the company has broken promises to build a major manufacturing facility in their state, according to a statement from Attorney General Jeff Jackson released Thursday.
The lawsuit alleges that VinFast has ceased all activity at a 712-hectare (1,759-acre) location in Chatham County for more than twelve months. The company had received authorization to construct the facility with pledges to generate 7,500 employment opportunities and pour more than $3 billion into North Carolina’s economy.
“VinFast has defaulted on its agreements with the State, and VinFast’s continued inaction all but guarantees imminent further default,” the statement declared.
When contacted by Reuters, VinFast representatives stated they had not yet been served with any formal legal documents from the state. “Contracts with contractors have already been signed, and construction activities are expected to commence shortly in accordance with the planned schedule,” the company responded.
Originally, VinFast announced in 2022 that the facility would produce 150,000 vehicles annually. However, by 2024, the company pushed back the plant’s opening until 2028, citing market uncertainties.
State officials are seeking the right to buy back the property for a different manufacturer and want VinFast to return $80 million that was provided for site development work.
The manufacturing facility was originally scheduled to begin operations by July 1 of this year, but the company later announced the delay until 2028, according to the state’s statement.
VinFast explained that recent shifts in U.S. electric vehicle industry policies have affected their project timeline, necessitating additional time “to evaluate appropriate implementation conditions.”
The electric vehicle maker announced last week it plans to sell its Vietnamese manufacturing operations for 13.3 trillion dong ($506 million) to investor groups who will also take on approximately $6.9 billion in company debt.
Stock prices for Vingroup, which owns VinFast, dropped 3.5% during Friday morning trading in Hanoi.
A British mountaineer has established a new milestone for foreign climbers by successfully reaching the summit of Mount Everest for the 20th time, according to hiking officials in Nepal.
Kenton Cool, age 52, conquered the 8,849-metre (29,032-foot) summit in the early morning hours on Friday and was making his way down to lower camps, according to Ishwori Poudel from the expedition organizing company Himalayan Guides.
An expedition organizer who has climbed Everest four times described Cool as someone who is “quietly rewriting the record books.” Lukas Furtenbach of the Austria-based Furtenbach Adventures company praised the achievement.
“More Everest summits than any non-Sherpa ever… and still making it look like just another walk in the hills. Absolute legend,” Furtenbach told Reuters from the base camp. Cool climbed with one of Furtenbach’s teams.
Cool, whose initial Everest climb took place in 2004 and who has returned annually except during years when authorities shut down the mountain for various reasons, emphasized that reaching Everest’s peak is never routine.
“It never gets any easier or any less frightening. It’s the tallest mountain in the world and with it comes an incredible sense of majesty,” Cool said in a statement.
“I rely on every bit of experience I have to move safely in this environment. Standing on the summit for the twentieth time is incredibly special.”
A Nepali Sherpa, Kami Rita, holds the overall record for most Everest summits at 32.
More than 8,000 people have successfully climbed Everest, with many completing multiple ascents, since New Zealander Sir Edmund Hillary and Sherpa Tenzing Norgay first reached the top in 1953.
ANTIBES, France — Hollywood stars attending the film festival in the French Riviera traveled to a luxury charity event Thursday evening, where an exclusive auction generated substantial funds for AIDS research initiatives.
The elegant gathering took place at the Hotel Du Cap, Eden Roc, featuring dinner entertainment from notable performers including Robbie Williams, Zara Larsson and Lizzo. Actress Geena Davis served as the evening’s host, appearing prominently on this year’s festival promotional materials honoring the film “Thelma & Louise.”
Speaking to reporters before the event, Lizzo shared her enthusiasm for upcoming musical projects. “I’m just so excited. I’m trying to bring back good, clean fun. Like, I just want to have fun again, people need to dance, people need to laugh,” she said.
The guest list included prominent entertainment figures such as Rami Malek, who has a project competing at the current festival, along with Eva Longoria, Heidi Klum, Sofia Carson, Natasha Poly and Bar Refaeli.
The auction featured an impressive collection of valuable items and exclusive opportunities.
Actor William Abadie offered a cameo appearance in the television series “Emily in Paris” while revealing that the sixth season would conclude the show. Following competitive bidding, organizers provided two such opportunities, each selling for 375,000 euros ($435,545).
High-value artwork dominated the evening’s sales, with a complete collection of Andy Warhol screen prints featuring Marylin Monroe commanding 2.8 million euros ($3,252,228).
Luxury accessories also drew significant interest. Festival sponsor Chopard contributed diamond earrings that brought 600,000 euros ($696,906), while an extremely rare Audemars Piguet timepiece — limited to just five pieces worldwide — sold for an impressive 1,450,000 euros ($1,684,160).
Williams delivered a compilation of his popular songs, concluding with “Angels” as a tribute to his daughter. Premium concert tickets became an unexpected auction item, with two bidders each paying 220,000 euros ($255,5278) for separate ticket packages.
Larsson concluded the dinner portion with an energetic set that drew attendees to dance near the performance area. Following the formal program, guests continued celebrating at a poolside reception.
The organization has accumulated nearly 841 million euros ($950 million) for AIDS research and related programs since its founding in 1985, distributing more than 3,800 grants during that period.
U.S. Customs and Border Protection officials forced an Air France flight destined for Detroit to land in Montreal instead after discovering a traveler from Congo had mistakenly gotten on the plane in Paris, violating current Ebola-related travel restrictions.
According to a spokesperson for the agency, the individual “should not have boarded” the aircraft on Wednesday because of U.S. entry limitations designed to prevent the spread of Ebola.
In an email statement, the spokesman explained that officials “took decisive action and prohibited the flight carrying that traveler from landing at Detroit Metropolitan Wayne County Airport, and instead, diverted to Montreal, Canada.”
The airline confirmed that the passenger from Congo was refused U.S. entry because of new rules requiring travelers from specific nations, including Congo, to enter only through Washington.
The Department of Homeland Security announced Thursday that all U.S. citizens and permanent residents who visited Congo, Uganda or South Sudan within the past 21 days must now enter exclusively through Washington Dulles International Airport for additional health screenings.
Craig Currie, spokesman for the Public Health Agency of Canada, explained that American officials notified Canadian authorities about refusing the aircraft entry because of temporary travel limitations affecting anyone who had been to the Democratic Republic of Congo, Uganda, and South Sudan in the preceding 21 days.
Currie reported that a Montreal public health official examined the passenger and found them to be showing no symptoms. The individual was subsequently flown back to Paris.
“Air France flight AFR378, along with all other passengers, continued to its original destination of Detroit,” Currie stated in an email.
The World Health Organization declared the current Ebola outbreak a public health emergency of international concern on Sunday. This outbreak involves the Bundibugyo virus, which occurs less frequently than other strains and currently has no available vaccine or treatment.
A Chinese industrial empire that grew from a failing textile factory into one of the world’s largest petrochemical companies now finds itself caught in an international sanctions battle between Washington and Beijing.
The Hengli Group’s petrochemical division, which operates a massive 400,000 barrel-per-day oil refinery in Dalian, was sanctioned by the United States last month over allegations of purchasing Iranian crude oil. The company has denied these accusations.
The sanctions targeted Hengli along with approximately 40 shipping companies and vessels as the US seeks to pressure China into helping broker a resolution to Middle East conflicts that began when America and Israel launched attacks on Iran in February. This occurred as the presidents of both nations were preparing for diplomatic meetings.
Hengli represents the largest Chinese refining operation to face US sanctions to date.
China, which has consistently opposed such unilateral actions, quickly moved to protect the company by implementing for the first time a 2021 law designed to prevent businesses from complying with foreign sanctions.
In the past, Washington had primarily focused on smaller players, including independent Chinese refiners called “teapots” that were the primary buyers of Iranian crude since sanctions were reimposed in 2018.
“Hengli is no teapot refinery. It is a world-class, world-scale plant that is representative of the large integrated refining and petrochemical facilities in which Beijing increasingly wants to consolidate its refining capacity,” said Erica Downs, senior research scholar at Columbia University’s Center on Global Energy Policy.
“This is probably why Beijing felt compelled to use its anti-sanctions law for the first time,” she said.
The company’s billionaire co-founders, Chen Jianhua and his wife Fan Hongwei, have not responded to requests for comment.
SWIFT CONSEQUENCES
The financial penalties produced immediate results across Hengli’s international operations.
The company’s Singapore trading division, which had employed roughly 100 workers, is scheduled to close this month according to reports. Additionally, China’s Wanhua Chemical has halted a long-standing contract to purchase benzene from Hengli Petrochemical.
Industry experts suggest the sanctions could threaten a tentative 2024 agreement with Saudi Aramco for the oil giant to acquire a 10% ownership stake in Hengli Petrochemical. Aramco has declined to provide comment on the matter.
Despite these setbacks, Hengli’s primary focus on domestic markets and support from Beijing allows the company to maintain most operations. Management has stated they continue purchasing oil using Chinese yuan, avoiding the dollar-based settlement system.
A similar situation occurred last year when competitor Shandong Yulong Petrochemical faced British and European sanctions for Russian oil transactions, ultimately becoming even more dependent on Russian crude supplies.
Industry analysts expect Hengli will likewise increase its reliance on sanctioned oil sources while redirecting petrochemical sales to Chinese customers.
When asked during his Friday flight from Beijing about potentially removing sanctions on Chinese companies buying Iranian oil, the former president said he would consider the option.
“We talked about that and I’m going to make a decision over the next few days,” he said.
As of Thursday, no changes had been announced.
ANTICIPATING CHALLENGES
Nine days before the sanctions took effect, Fan, who leads Hengli’s publicly-traded Shanghai division, expressed caution in a letter to shareholders following Hengli Petrochemical’s 2025 earnings report showing profits of 7.07 billion yuan ($1.04 billion) on revenues of 201 billion yuan.
“Great-power competition continues to evolve and intertwine, and geopolitical turbulence has never ceased,” she wrote. “We are well aware that the road ahead may not be smooth.”
The company has overcome significant obstacles throughout its history.
Chen, now 55, grew up in Suzhou’s Wujiang district, an area where most families traditionally raised silkworms. He left school before age 14 and built his initial wealth through scrap silk trading.
During a speech to the National Young Entrepreneurs Conference last year, Chen Jianhua, whose name translates to “build China,” described purchasing a bankrupt textile facility with 27 workers when he was 23 years old.
This occurred in 1994 as China’s economic transformation was accelerating under Deng Xiaoping’s reforms.
To support China’s efforts to challenge foreign dominance in synthetic fiber manufacturing, Chen expanded Hengli’s operations upstream, eventually entering the state-controlled refining industry to create a fully integrated petrochemical operation.
Hengli established a model for a new generation of large, private petrochemical manufacturers producing materials for plastics and other products serving China’s rapidly expanding industrial sector.
In a bold move, Hengli constructed what became an $11 billion facility on the then-isolated Changxing island near Dalian, directly competing with state-owned China National Petroleum Corp’s nearby refinery.
“There was no electricity, no water, and no mobile signal – just a mountain, a stretch of sea and a small road. For a full four years, I lived and ate on the construction site,” Chen recalled.
CURRENT OPERATIONS
Hengli now holds the position as the world’s top producer of purified terephthalic acid (PTA), a key component in synthetic fiber manufacturing.
In 2022, responding to Beijing’s infrastructure investment initiatives aimed at stimulating the pandemic-affected economy, Hengli acquired an unused shipyard on Changxing island.
“At the start, all the shipowners didn’t trust us and wouldn’t place orders, so we placed our own orders,” building two 300,000-ton very large crude carriers and an 82,000-ton bulk carrier, he said.
Hengli Heavy Industry secured contracts for 115 ships valued at over 100 billion yuan last year, with customers including Greek, Norwegian and Japanese shipping companies.
In February 2025, Chen attended a private sector leadership meeting with Xi, who encouraged participants to support China’s technological independence and supply chain security objectives.
Chen remembered Xi’s message: “Show your talent, the time is now.”
Australian regulators announced Friday that they have imposed financial penalties on supermarket giant Coles and dairy company Brownes Foods Operations, with each company paying A$39,600 (approximately $28,270) following violations related to milk supply contracts.
The Australian Competition & Consumer Commission issued infringement notices targeting different practices by each company. Officials allege that Coles created two milk supply contracts that demanded exclusive supply arrangements to the country’s second-largest grocery chain while simultaneously placing limits on how much dairy farmers could produce.
The regulatory agency did not reveal which specific suppliers were subject to these restrictive agreements.
Meanwhile, Brownes Foods Operations faced penalties for failing to provide transparent pricing information in two separate contracts. Regulators claim the dairy firm did not adequately explain minimum pricing structures during the supply period or provide proper justification for those price floors.
Competition officials expressed particular concern about production volume restrictions in exclusive dairy contracts, stating these limitations harm farmers by reducing their output capacity while preventing them from working with other processing companies.
This enforcement action follows a recent court ruling that found Coles had deceived customers through a pricing scheme where the retailer increased costs on hundreds of products before advertising discounts that were still higher than previous sale prices.
The State Department announced Thursday that it has given the green light for a potential $108.1 million equipment sale to Ukraine, according to officials.
The approved sale would provide Ukraine with equipment needed to maintain its Hawk Missile System operations, the department stated on May 21.
The chief executive of Advanced Micro Devices announced Friday in Taipei that the company is requesting its manufacturing partners to boost production levels due to heightened demand for artificial intelligence products.
CEO Lisa Su made the statement during her visit to the Taiwanese capital. The semiconductor company relies heavily on manufacturing partnerships to produce its chips.
Advanced Micro Devices maintains a significant business relationship with TSMC, which holds the position as the globe’s largest contract semiconductor manufacturer.
Russian air defense systems intercepted drone strikes targeting Moscow and the surrounding Yaroslavl region during the early morning hours on Friday, according to statements from local officials posted on the Telegram messaging platform.
Mayor Sergei Sobyanin reported via Telegram that four drones approaching Moscow were successfully shot down, prompting the deployment of emergency response teams to the affected areas. The mayor did not elaborate on additional specifics regarding the incident.
Both Moscow and the Yaroslavl region, located northeast of Russia’s capital city, experienced similar drone strikes earlier in the week. The targeted areas contain significant energy infrastructure facilities.
Independent confirmation of the reported military incidents could not be obtained by Reuters.
A vehicular accident is causing significant traffic disruptions on Interstate 95 northbound near Airport Road, with four left lanes currently blocked to traffic.
The crash has resulted in the closure of multiple lanes, creating potential delays for commuters and travelers in the area. Drivers are advised to use caution when approaching the scene and consider alternative routes if possible.
Traffic conditions may remain impacted while emergency crews work to clear the scene and investigate the incident.
A new group of Australian women and children connected to the ISIS terrorist organization have exited a detention facility in northeastern Syria and could be making their way back to Australia, according to Friday reports from the Australian Broadcasting Corporation.
The news outlet stated that a bus transporting the group departed the Al-Roj facility on Thursday afternoon, accompanied by Syrian government officials in a convoy. While the group is anticipated to arrive in Damascus, the timing of any potential journey to Australia remains uncertain, according to the report.
Australia’s home affairs ministry has not yet provided a response to requests for comment.
The Australian government has previously stated it would not offer direct help for bringing back Australian families connected to ISIS, though officials have recognized “very serious limits” in their ability to block citizens from returning to the country.
Earlier in May, four women and nine children with ISIS ties came back to Australia following seven years in detention facilities. When they arrived, Kawsar Ahmad, 54, and her daughter Zeinab Ahmad, 31, faced slavery-related charges, while 32-year-old Janai Safar was charged with terrorism-related offenses.
The women’s return sparked controversy, with critics claiming Australia’s centre-left government failed to stop their repatriation.
From 2012 to 2016, several Australian women traveled to Syria to reunite with husbands who were reportedly ISIS members. After the caliphate fell in 2019, many ended up detained in camps, though some managed to return home.
In January, the United States started relocating detained ISIS members from Syria following the breakdown of the Kurdish-led Syrian Democratic Forces, which had been overseeing multiple detention centers holding ISIS fighters and associated civilians, including foreign nationals.
The Australian Mexican food chain Guzman y Gomez has announced its withdrawal from the United States market, citing disappointing sales performance in what was considered a crucial expansion opportunity.
This marks a dramatic shift from the restaurant company’s previous commitment to the American market, which it had reaffirmed as recently as February. The chain had planned a slow expansion beginning in Chicago while pursuing ambitious goals to match McDonald’s store count in Australia. The U.S. market, with its 350 million consumers, represented significant potential in a space where competitor Chipotle operates roughly 4,000 locations.
However, operational challenges proved overwhelming as rising costs for fuel, food supplies, and labor severely impacted profit margins. Market analysts had begun characterizing the U.S. operations as a drag on short-term financial performance and stock value, which has remained below the 2024 initial public offering price.
Following the exit announcement, company shares surged as much as 20 percent and maintained a 14 percent increase at A$20.61 during midday trading, though still below the A$22.00 offering price. Analysts revised their projections to reflect both a reduced market opportunity and the elimination of ongoing U.S. losses.
RBC Capital Markets analyst Michael Toner commented on the development: “The U.S. business had very low prospects of being successful, and the losses of the business were weighing down the earnings of the group so the sooner exit than anticipated is positive.” Toner had previously indicated in a client analysis that departing the U.S. market would boost GYG’s gross profit by 15 percent.
Co-CEO Steven Marks explained in a company statement that anticipated sales improvements never materialized and the organization required “significantly more time and capital” to achieve meaningful scale in the American market.
During a conference call with analysts, chief financial officer Erik Du Plessis avoided discussing how the Iran war might be affecting the U.S. economy, stating only that “there’s obviously a lot happening in the markets” which had been incorporated into company projections.
The withdrawal will result in a one-time financial impact between $30 million and $40 million in results for the fiscal year ending in June, pending audit completion. Company officials noted this expense should not affect the planned final dividend for 2026.
Despite the U.S. setback, the company reported positive expectations for its home market, projecting underlying pre-tax profit of approximately A$85 million for Australia during the year, representing a 29 percent increase from the previous year.
Canada’s petroleum-wealthy Alberta province has announced plans for an October public vote regarding potential separation from Canada, though the province’s top official clarified Thursday that the ballot won’t directly address independence.
Danielle Smith explained that citizens would instead decide whether the time has come for a binding referendum on departing Canada.
“I want to be clear. I support Alberta remaining in Canada, and this is how I would vote on separation in a provincial referendum. It is also the position of my government,” Smith stated during broadcast comments.
The ballot measure will ask whether Alberta should continue as part of Canada or pursue constitutional legal measures toward conducting a binding independence referendum.
Even a “yes” result in such a binding vote would not automatically create independence. Federal government negotiations would be required. According to a 1998 Supreme Court decision, provinces lack authority to withdraw from Canada unilaterally.
Daniel Béland, a political science professor at McGill University in Montreal, observed that Smith has publicly rejected independence, leading some to draw parallels with Britain’s former Prime Minister David Cameron before the Brexit referendum, which he supported as a method to handle a vocal party faction despite opposing U.K. departure from the European Union.
“Politically Smith seems committed to do so to appease supporters of her own party who want a referendum. If she doesn’t follow suit, she might face a potentially perilous mutiny within her partisan ranks,” Béland stated.
Thursday morning saw three United Conservative Party of Alberta caucus members approve a committee motion requesting Smith and her cabinet schedule the referendum for Oct. 19.
Prime Minister Mark Carney’s federal Liberal government had not immediately responded to Smith’s declaration.
Carney has been collaborating with Smith on Pacific coast oil pipeline construction aimed at satisfying many Albertans.
“As part of his emphasis on economic development in the aftermath of the trade war between Canada and the U.S., Mark Carney is clearly more favorable to pipeline building and the energy industry than his predecessor Justin Trudeau,” Béland noted.
Béland predicted referendum failure.
“Support for Alberta independence is slightly below 30% and the percentage of people truly committed to the cause is below 20% according to polling data so the odds of a ‘yes’ vote appear to be very low right now but campaigns matter,” he explained.
Opposition Federal Conservative Leader Pierre Poilievre previously stated that he and all Conservative Parliament members would advocate for Alberta’s continued Canadian membership during any referendum campaign.
Federal weather experts are predicting a calmer Atlantic hurricane season this year, crediting a strengthening El Nino weather pattern that typically suppresses storm development in the region.
The National Oceanic and Atmospheric Administration released its seasonal prediction Thursday, indicating a 55% probability of below-normal hurricane activity. Weather officials anticipate eight to 14 named storms this season, with three to six reaching hurricane strength and one to three becoming major hurricanes.
Typical hurricane seasons produce 14 named storms, with seven reaching hurricane status and three becoming major hurricanes with winds exceeding 110 mph.
Eighteen additional forecasting organizations from private companies and universities have issued similar predictions, with most calling for reduced activity during the summer and fall months. These independent forecasts project an average of 12 named storms, with only five becoming hurricanes and two reaching major hurricane classification. These predictions also suggest the Accumulated Cyclone Energy index will register at 80% of typical levels.
Colorado State University, which began hurricane seasonal predictions in 1984, expects the lowest storm activity since 2015, when the strongest El Nino in 75 years occurred. The university’s hurricane specialist Phil Klotzbach indicated their forecast may be revised downward in June.
This prediction comes after nine of the past 10 Atlantic hurricane seasons exceeded normal activity levels or reached hyperactive status, Klotzbach noted. Last season began slowly but intensified later, generating a near-record three Category 5 hurricanes, including Melissa, which caused extensive damage to Jamaica and Cuba, according to Columbia University climate scientist and tropical weather specialist Suzana Camargo.
Global economic losses from tropical storms have climbed dramatically, rising from an average of $11.4 billion annually in the 1980s to $109.7 billion per year over the last decade, with three-quarters of the damage occurring in the Atlantic, Gulf of Mexico and Caribbean regions, according to insurance company Munich Re.
Weather experts note that hurricanes, typhoons and cyclones represent the same meteorological phenomenon, with different names used across various global regions.
“We should expect a less active year than certainly what we’ve seen recently, and perhaps significantly so below average,” said University at Albany atmospheric scientist Kristen Corbosiero. “But again, it only takes one to cause real devastation and destruction in the mainland U.S. or even in Hawaii.”
The primary factor driving these predictions is “the elephant in the room” – the developing El Nino, Camargo explained.
El Nino represents a natural, cyclical warming of central Pacific waters that disrupts global weather patterns, particularly during winter months. Researchers have documented for decades the relationship between El Nino conditions and reduced Atlantic hurricane activity, while simultaneously increasing storm frequency and intensity in the central and eastern Pacific. Many forecasters this year are predicting a strong, superstrong or potentially record-breaking El Nino. During La Nina conditions – El Nino’s cooler counterpart – the Atlantic typically experiences increased storm activity.
NOAA Administrator Neil Jacobs stated Thursday that there’s a 98% probability of El Nino conditions this summer, with an 80% chance of moderate to strong intensity.
Historical data shows that Atlantic hurricane seasons during strong or very strong El Nino events produce two-thirds the number of named storms and half the hurricanes compared to the 1991-2020 average, based on Associated Press analysis of storm and El Nino records.
El Nino conditions inhibit Atlantic storm development through multiple mechanisms, particularly through crosswinds occurring one to seven miles above the surface “which can basically blow apart the thunderstorms that make up” a hurricane, Corbosiero explained.
“A stronger than normal wind shear tends to tilt storms as they try to develop,” said University at Albany atmospheric scientist Brian Tang. “It pushes dry air into storms. And prevents storms from developing in the first place. And if they do develop, it also prevents them from intensifying.”
While El Nino reduces both frequency and intensity of weaker storms, once systems reach hurricane status with 74 mph winds, “they can be kind of like a self-feeding entity” and become less susceptible to El Nino’s wind shear effects, explained Matthew Rosencrans, lead hurricane season forecaster with NOAA’s National Weather Service.
Peak season forecasts indicate strong westerly wind shear in the main development region where the largest and longest-lasting hurricanes typically form off Africa before moving west across the Atlantic, Klotzbach noted. El Nino conditions typically reduce these types of storms.
During the 15 strongest El Nino years since 1950, 37 named storms, 11 hurricanes and three major hurricanes made landfall on the continental United States. In contrast, during the 15 coldest La Nina years, 61 named storms, 31 hurricanes and 10 major hurricanes struck America’s Gulf and Atlantic coastlines, according to Klotzbach. He noted that El Nino primarily reduces Atlantic coast impacts while having less influence on Gulf coast landfalls.
Beyond El Nino, dry African conditions and Atlantic water temperatures only slightly above normal also contribute to forecasts of reduced seasonal activity, Rosencrans said.
El Nino and La Nina patterns create opposite effects on Pacific storms compared to Atlantic systems, leading experts to anticipate increased Pacific activity. Jacobs predicted a 70% chance of above-normal eastern Pacific hurricane activity.
NOAA forecasts 15 to 22 named Pacific storms with nine to 14 becoming hurricanes and five to nine reaching major hurricane status. Normal Pacific activity includes 15 named storms, eight hurricanes and four major hurricanes. Rosencrans explained that central Pacific storm development typically shifts closer to Hawaii during El Nino periods.
Eastern Pacific storms near Baja Mexico typically “go west, affect the fishies and little else,” Corbosiero said. However, they occasionally turn east or north, causing significant damage like Hurricane Otis in 2023, which devastated Mexico, or 1992’s Hurricane Lester, which brought heavy rainfall to the U.S. Southwest.
Hawaii’s small island chain in the vast Pacific remains vulnerable to storm threats. In 1992, an El Nino year with minimal Atlantic activity (though Miami suffered devastation from Hurricane Andrew), Hawaii was struck by Hurricane Iniki.
Moving westward toward Asia and India, “your odds of any storm forming becoming a super typhoon go up significantly in El Nino,” Klotzbach said.
The eastern Pacific hurricane season began May 15, while the Atlantic season starts June 1, with both concluding November 30.
El Nino conditions can extend hurricane seasons, explained John Bravender, a weather service meteorologist in Honolulu. “With the warmer waters across the area, not only can hurricanes maintain their strength at higher latitudes, but also longer through the year,” he said.
Hawaii is preparing for potential hurricane impacts while parts of the state continue recovering from recent consecutive storms that caused catastrophic flooding, Gov. Josh Green said.
An Australian mining company announced Friday its intention to raise roughly A$350 million ($250 million) through a stock offering to finance development of its major rare earth mining venture, with backing from the investment firm owned by Australia’s wealthiest individual.
Arafura Rare Earths revealed the fundraising strategy one day following approval for its $1.6 billion Northern Territory mining operation, which is expected to become Australia’s third-largest rare earth facility by 2030.
The company will release an initial batch of shares valued at approximately A$175.5 million, priced at A$0.260 each, marking a 16.1% reduction from Thursday’s closing price. A second round of shares worth A$174.5 million awaits shareholder authorization.
Hancock Prospecting, the investment company belonging to Australia’s richest person Gina Rinehart and currently Arafura’s biggest investor, has pledged approximately A$85 million toward the stock offering.
Following the completion of this fundraising effort, Hancock’s ownership percentage in Arafura is expected to increase from its current 15.5% to about 17.5%.
According to Arafura, the money raised will completely cover the equity portion needed for the Nolans project’s development.
The mining operation has already obtained financing commitments from export credit organizations in the United States, Canada, Germany and South Korea, along with international trading companies and manufacturers, as Western nations increase efforts to reduce dependence on China, the world’s leading rare earth producer.
The company reported securing approximately 93% of its binding sales target for neodymium-praseodymium (NdPr) oxide through recent supply contracts and export credit agency backing.
Australia aims to become the primary rare earth supplier for its international partners, with Arafura scheduled to provide 500 metric tons of NdPr to the nation’s strategic mineral stockpile, expected to begin operations by year’s end.
Additionally, Arafura announced a separate share purchase program targeting up to A$25 million from individual investors.
Trading of the company’s shares has been temporarily suspended.
North Carolina officials have initiated legal proceedings against Vietnamese electric vehicle manufacturer Vinfast, alleging the company has not honored its commitments to construct an electric vehicle and battery manufacturing facility within state borders, according to Attorney General Jeff Jackson.
The legal action, announced Thursday, claims that Vinfast has ceased all construction activities at the designated site for more than twelve months.
The Vietnamese automaker had previously received authorization to develop the manufacturing plant, with obligations to generate 7,500 employment opportunities and commit over $3 billion in investment to North Carolina, the attorney general’s office stated.
“Vinfast has defaulted on its agreements with the State, and Vinfast’s continued inaction all but guarantees imminent further default,” the statement declared.
Representatives from Vinfast did not provide an immediate response when contacted for comment by Reuters.
Financial markets across Asia posted gains Friday as the US dollar maintained strength near six-week peaks, with investors maintaining cautious optimism about potential progress in diplomatic discussions between the United States and Iran, despite ongoing disagreements on major issues.
Market participants continue to monitor the potential for disruptions to the Strait of Hormuz, a vital shipping channel for global energy transport, which has driven oil costs higher and altered worldwide interest rate projections due to inflation worries.
US Secretary of State Marco Rubio indicated there had been “some good signs” in negotiations aimed at resolving the nearly three-month conflict in the Middle East, though disagreements persist regarding Tehran’s uranium stockpile and oversight of the shipping corridor.
Equity markets showed positive movement, with MSCI’s comprehensive Asia-Pacific stock index excluding Japan climbing 0.3%, positioning for a slight weekly gain. Japan’s Nikkei index advanced 2%.
Futures contracts for US equities increased 0.2% while European futures climbed 0.8%.
Chris Weston, head of research at Pepperstone, noted that market developments appear to be moving toward more concrete outcomes that traders can evaluate with increased certainty.
“Although confidence levels are still not especially high,” Weston cautioned.
Energy prices gained ground in Friday’s early session following sharp declines, as mixed signals from negotiations continue to create uncertainty for investors. Crude costs remain significantly elevated compared to pre-conflict levels and are anticipated to stay high even with a potential agreement.
Brent crude futures climbed 2% to $104.71 per barrel but were tracking toward a 6% weekly decline. US West Texas Intermediate futures increased 1.66% to $98.01.
Extended energy supply disruptions from the prolonged conflict pose risks of broader price increases globally, prompting traders to anticipate interest rate increases in both developed and emerging economies.
Current market pricing reflects potential rate increases from the US Federal Reserve before year-end, contrasting with pre-conflict expectations of two rate reductions.
“We’re seeing an unusually strong linkage between oil prices and global rates, reflecting how broad-based and borderless this shock has become,” said Mitch Reznick, Head of Fixed Income at Federated Hermes.
“What initially appeared to be a shift in inflation expectations is now feeding directly into realised inflation, reinforcing the view that central banks will need to keep policy tighter for longer to restore price stability.”
These developments have pushed Treasury yields higher and strengthened the dollar, which also gains from safe-haven investment flows. The euro traded at $1.1614 in early activity, near Thursday’s six-week low, heading for a 1% monthly decline.
Measured against a currency basket, the dollar stood at 99.247. The Japanese yen traded at 159.11 per US dollar.
Friday’s economic data revealed Japan’s core inflation decelerated to a four-year low in April, creating uncertainty about the Bank of Japan’s future rate adjustment strategy.
Atlanta Braves outfielder Ronald Acuna Jr. was removed from Thursday’s matchup against the Miami Marlins during the sixth inning after experiencing discomfort in his left thumb.
Team officials announced on social media that Acuna’s removal was “as a precaution with pain in his left thumb.”
Before Eli White took his place in right field, Acuna had delivered a solid performance, going 2-for-3 at the plate including a two-run single that helped Atlanta establish a commanding 6-2 advantage over Miami.
The performance extended Acuna’s strong return to action, bringing his totals to 4-for-11 (.364) with five runs scored across three contests since rejoining the active roster on Monday. The five-time All-Star had been sidelined for 14 games due to a left hamstring injury.
Through 37 appearances this season, the 28-year-old Venezuela native has compiled a .261/.370/.384 slash line with two home runs, 11 RBIs and seven stolen bases. His .754 OPS represents the second-lowest mark of his nine-year career — only surpassed by his 2024 season that concluded in May following a torn ACL in his left knee.
Four major nations are preparing to hold a high-level diplomatic summit in India’s capital next week, according to an announcement from Japan’s foreign ministry on Friday.
The foreign ministers from the United States, Japan, Australia and India are scheduled to gather in New Delhi on May 26 for what’s known as a ‘Quad’ meeting between the four countries.
Japan’s foreign ministry confirmed that the nation’s chief diplomat, Toshimitsu Motegi, will make a three-day trip to India beginning Monday to participate in the diplomatic session.
Meanwhile, U.S. Secretary of State Marco Rubio is expected to arrive in India on Saturday, following his attendance at NATO foreign ministers’ discussions in Sweden, according to the U.S. State Department.
A vehicle accident has resulted in lane closures on southbound Route 495 near Fox Point State Park, according to traffic officials.
Two right lanes are currently blocked due to the crash, which is impacting traffic flow in the area. Motorists traveling on this stretch of highway should expect delays and consider alternate routes if possible.
Authorities have not yet provided information about the cause of the accident or whether any injuries occurred. The timeline for reopening the affected lanes has not been announced.
Drivers are advised to exercise caution when traveling through the area and to allow extra time for their commute.
Current NFL Most Valuable Player Matthew Stafford has finalized a one-year contract extension with the Los Angeles Rams that will keep him with the franchise through the 2027 season.
The team made the announcement Thursday but did not disclose financial terms immediately. According to ESPN’s reporting, the 2027 contract is valued at $55 million with the possibility of reaching $60 million, representing an increase from his current season’s compensation.
This agreement suggests the 38-year-old quarterback is seriously considering remaining with Los Angeles beyond 2026. This development is significant given Stafford’s previously stated approach of evaluating his career on an annual basis since capturing the Super Bowl title in February 2022, and his decision to return for the coming season was only announced when he received his MVP award in February.
The organization caught many by surprise when they selected Alabama quarterback Ty Simpson with the 13th overall selection in last month’s draft, temporarily raising questions about Stafford’s future role — until head coach Sean McVay clearly stated that Stafford remains the team’s starting quarterback for however long he chooses to continue playing.
“Whenever that time comes for (Simpson) to get an opportunity to be Matthew’s successor will be on Matthew’s terms,” McVay said at the time. “I didn’t want that to ever be misunderstood. … It is Matthew’s football team.”
Stafford just completed one of his finest professional seasons, earning his first MVP recognition while narrowly defeating New England’s Drake Maye in the balloting. He led the league with 4,707 passing yards and achieved a personal best with 46 touchdown passes while throwing only eight interceptions, then guided the Rams through two playoff road wins to reach the NFC championship contest.
The coming season marks Stafford’s 18th year in professional football and his sixth campaign with Los Angeles, who obtained him through a trade with Detroit in 2021. Stafford ranks sixth all-time in NFL passing yards with 64,516 and sits seventh in touchdown passes with 423, trailing Philip Rivers by just two.
Los Angeles enters the season among the top Super Bowl contenders despite using their first-round selection on a quarterback who appears unlikely to see significant playing time for at least two seasons. Simpson has expressed enthusiasm about developing under Stafford’s guidance, describing it as “a perfect situation” for a quarterback who started just one season with the Crimson Tide.
The team’s organized team activities are scheduled to begin next week.
This year’s Super Bowl will take place at the Rams’ home venue, SoFi Stadium, occurring one week following Stafford’s 39th birthday. He previously guided the Rams to their championship victory in a Super Bowl held at SoFi.
SAN JUAN, Puerto Rico (AP) — During her yearly state address on Thursday, Puerto Rico Gov. Jenniffer González announced plans to increase electrical generation capacity across the U.S. territory as ongoing blackouts continue to anger residents throughout the island.
The governor explained that a competitive selection process for adding 3,000 megawatts of new power generation is currently in progress, with the contract expected to be finalized by the end of summer. She also revealed that approximately 1,000 megawatts will come online in the coming months as workers repair and upgrade existing power facilities.
González explained that every 100 megawatts can supply electricity to 60,000 households.
“With more megawatts in the system, we can reduce outages,” she said.
The island’s electrical infrastructure was devastated when Hurricane Maria struck as a Category 4 hurricane in September 2017, though the system was already deteriorating due to insufficient upkeep and funding.
The governor announced that workers have begun installing Tesla battery systems using over $700 million in federal funding, noting these units should help decrease power interruptions with their 430 megawatts of energy storage capability.
Additionally, 244 megawatts worth of backup power plants designed to operate during peak usage periods have been delivered to the island, she stated.
González has received significant criticism for supporting the Trump administration’s decision to reallocate $350 million in federal money initially designated for rooftop solar panels and battery systems for 12,000 low-income Puerto Rican families, funds now being used for the island’s deteriorating electrical grid.
The governor also stated her continued support for converting power facilities to natural gas operations.
“I want to reduce the cost of power in Puerto Rico,” she said.
Last year, the island ranked fifth nationally for highest average electricity costs, trailing only Hawaii, California, Connecticut and Rhode Island, based on U.S. Energy Administration Information data.
González repeated her commitment to terminate a multimillion-dollar agreement with Luma, a private corporation managing power transmission and distribution in Puerto Rico that has faced widespread criticism as blackouts continue.
In response, Luma issued a statement saying “the improvements to the transmission and distribution network are evident.”
The company added: “As long as the outstanding funds remain available, the reconstruction and modernization work across the island will continue.”
Puerto Rico’s Electric Power Authority continues working to reorganize over $9 billion in outstanding debt.
González also recognized “serious problems” affecting the island’s water systems, as increasing numbers of communities experience extended periods without service.
“I don’t intend to console anyone,” she said while requesting patience and noting that rebuilding projects are ongoing.
After the nearly two-hour speech, the governor, who belongs to the pro-statehood New Progressive Party, received criticism from opposition politicians.
Pablo José Hernández, Puerto Rico’s representative in Congress and a member of the Popular Democratic Party, released a video statement following the address declaring that Puerto Ricans are not alone, “that your feelings of frustration, dissatisfaction, and anger are justified.”
The United Nations issued sharp criticism Thursday regarding a recently enacted Afghan Taliban regulation concerning marital separation that contains allowances for child marriage, stating the measure deepens bias against women and girls.
Taliban officials dismissed these criticisms, asserting the regulation adheres to Islamic principles and maintaining that forced marriages of girls are already prohibited in the country.
Afghanistan’s justice ministry released Decree No. 18 “on judicial separation of spouses” last week, establishing guidelines for married couples seeking separation.
The regulation’s most disputed elements include language stating that when a girl who has reached puberty remains silent, this can be viewed as marriage approval. The decree also contains sections addressing separation for girls who have reached puberty and are wed, which “implies that child marriage is permitted,” according to a statement from the United Nations Assistance Mission in Afghanistan (UNAMA).
“This undermines the principle of free and full consent and failing to safeguard the best interests of the child,” it said.
The regulation specifies that marriages may be declared void “if a father or grandfather has given a minor girl or boy without any dowry, not enough dowry or obscene embezzlement.” Additionally, it states that a girl married off by her father or grandfather to a man who “has not treated her with kindness or is well-known for his bad choices…has the right to approach the court to cancel the marriage contract upon reaching puberty.”
Yet when a woman requests divorce from her spouse and he refuses, “then in this case, there are no witnesses with the girl, the husband’s word is valid,” according to the new regulation. Witnesses are unnecessary if she presents her request directly to a judge.
Afghan women and girls currently endure extensive discrimination, with regulations controlling their dress and conduct. Educational opportunities beyond elementary school are forbidden, along with most employment and nearly all recreational pursuits, including fitness centers, beauty establishments, and public recreational areas.
“Decree No. 18 is part of a broader and deeply concerning trajectory in which the rights of Afghan women and girls are being eroded,” said Georgette Gagnon, the U.N.’s Deputy Special Representative of the Secretary-General and officer in charge of UNAMA.
Although the regulation permits women to leave their spouses, the process is significantly more difficult for women than men.
The measure “operates in a deeply unequal framework: while men retain the unilateral right to divorce, women must pursue complex and restrictive judicial avenues to separate from a spouse,” UNAMA said. “This situation reinforces structural discrimination and limits women’s autonomy in matters fundamental to their dignity, safety, and well-being.”
Following their takeover of Afghanistan after the disorderly departure of U.S.-supported forces in 2021, the Taliban declared certain limited women’s rights, releasing a decree that granted women inheritance rights and marriage refusal options. Nevertheless, “successive decrees have undermined these protections,” UNAMA stated.
The numerous limitations established by the government “have deprived millions of Afghan women and girls of their right to education, weakened economic participation, and deepened poverty, with long-term consequences for Afghanistan’s development,” it continued.
“The objections from those who contradict the religion of Islam are not new and we should not pay attention to them,” Zabihullah Mujahid, a spokesman for the Afghan government, told the RTA state broadcaster in an interview.
Mujahid observed that Afghanistan’s supreme leader Hibatullah Akhundzada has previously issued a decree prohibiting forced marriage of girls. Afghan judicial systems and the nation’s ministry of vice and virtue have examined thousands of such instances within the past year, he stated, “which shows the Islamic Emirate’s concern for women’s rights.”
WASHINGTON – The United States imposed financial sanctions Thursday on nine officials accused of blocking peace efforts in Lebanon and preventing the disarmament of the Iran-backed Hezbollah organization.
The Treasury Department’s Office of Foreign Assets Control stated these officials operate throughout Lebanon’s legislative, military, and security agencies, working to maintain Hezbollah’s control over important Lebanese government institutions.
“Hezbollah is a terrorist organization and must be fully disarmed,” Treasury Secretary Scott Bessent stated. The group, established in 1982 by Iran’s Revolutionary Guards, has been classified as a terrorist organization by the United States and Gulf Arab nations, including Saudi Arabia.
American officials blame the organization for suicide attacks in 1983 that resulted in 241 U.S. military deaths and demolished the U.S. Marine headquarters in Beirut, as well as a French military compound, killing 58 French paratroopers. The U.S. also attributes a 1983 suicide bombing at the U.S. Embassy in Beirut to Hezbollah.
AMERICA FOCUSES ON HEZBOLLAH’S FUNDING
Last week, Israel and Lebanon extended their ceasefire agreement by 45 days, continuing to reduce tensions from a conflict in southern Lebanon that escalated months ago following U.S. and Israeli military actions against Iran.
State Department spokesperson Tommy Pigott announced the department will offer up to $10 million for intelligence that helps disrupt the militant organization’s financial operations.
“This is only the beginning. Anyone still shielding or collaborating with this terrorist organization, or otherwise undermining Lebanon’s sovereignty, should understand that they will be held accountable,” Pigott stated.
“A stable, secure, and independent Lebanon requires the full disarmament of Hezbollah and the restoration of the Lebanese government’s exclusive authority over security matters throughout the country.”
The Treasury Department identified the following individuals as targets of Thursday’s sanctions:
– Mohamed Abdel-Mottaleb Fanich, who directs Hezbollah’s executive council.
– Hassan Nizammeddine Fadlallah, a parliamentary member representing Hezbollah since 2005, who collaborated with Al Nour Radio and Al Manar TV, both previously sanctioned by the U.S.
– Ibrahim al-Moussawi, who directs Hezbollah’s media operations and serves as the group’s parliamentary representative.
– Hussein Al-Hajj Hassan, who has served as Hezbollah’s parliamentary representative since 1996.
– Mohammad Reza Sheibani, Iran’s ambassador designate to Lebanon, whom Lebanon’s Foreign Ministry declared persona non grata after withdrawing approval of his appointment and ordering his departure from Beirut.
– Ahmad Asaad Baalbaki and Ali Ahmad Safawi, both security leaders within the Amal Movement, a political partner and security collaborator of Hezbollah. Safawi commands the Lebanese Amal militia in southern Lebanon and directed its forces in combined Hizballah-Amal military operations against Israel.
– Brigadier General Khattar Nasser Eldin, director of the Lebanese General Directorate for General Security, for sharing intelligence with Hezbollah.
– Colonel Samir Hamadi, a high-ranking Lebanese intelligence officer.
China’s Foreign Minister Wang Yi met with Moldova’s Deputy Prime Minister Mihai Popsoi on Thursday, expressing that Beijing values its relationship with the Eastern European nation and wants to strengthen their partnership, according to a Friday statement from China’s foreign ministry.
The diplomatic meeting took place shortly after Russian President Vladimir Putin completed a ceremonial 24-hour state visit to Beijing, where he held talks with President Xi Jinping. During Putin’s visit, the two leaders agreed to enhance cooperation and provide greater mutual support.
According to the Chinese foreign ministry’s official summary of Thursday’s discussions, the representatives from both nations also discussed the ongoing conflict in Ukraine. This marks the first time a Moldovan foreign minister has visited China in nearly eight years.
China has refrained from criticizing Russia’s military actions in Ukraine and avoids using the term “invasion” when referring to the conflict. Instead, Beijing advocates for a diplomatic resolution to the crisis, a stance Wang repeated during his conversation with Popsoi, the statement indicated.
Moldova shares a border with Ukraine and has publicly denounced Russia’s military offensive. The country has experienced long-standing tensions with Moscow regarding the breakaway region of Transdniestria, which declared independence while Moldova was still part of the Soviet Union and maintains pro-Russian leadership.
Approximately 1,500 Russian military personnel remain stationed in the disputed territory, with Moscow characterizing their role as peacekeeping forces. The region continues to receive significant financial and political support from Russia.
Moldova’s current administration, which has set a goal of joining the European Union by 2030, views both the separatist region and the Russian military deployment as tools Moscow uses to influence the country’s domestic policies.
“Wang said China cherishes the traditional friendship between the two countries, and stands ready to work with Moldova to further cement mutual trust,” according to the ministry’s official statement.