Why the Trump-Xi Summit Matters, Even if Little Seems to Come of It
The war in Iran, trade, artificial intelligence and Taiwan are expected to be on the agenda. But expectations are modest.
Month: May 2026
The Korean Artist Park Daesung Is In the Spotlight at 81
The Korean artist is nearly 81, but his works have been featured in shows in Chicago, London, Washington and Los Angeles. Now they are also headed to TEFAF New York.
US intelligence sees Iran’s new supreme leader influencing war strategy
Mojtaba Khamenei reportedly helping shape Tehran’s negotiations with Washington despite injuries US intelligence agencies believe Iran’s new Supreme Leader, Mojtaba Khamenei, was involved in shaping Tehran’s wartime strategy and negotiations with Washington despite remaining out of public view following injuries sustained during the war, according to a CNN report on Friday. The report, citing sources … Read more
Weekly inflation surges 15.16% YoY
[ KARACHI: The Sensitive Price Indicator (SPI), which monitors weekly inflation, has been on a sharp upward trajectory for many weeks, largely due to spillover effects of the Israel-US war on Iran. For the week ended May 7, 2026, it surged 15.16% compared to the same week of last year. On a year-on-year basis, a … Read more
Labour loses power in Wales setback
LONDON: Britain’s Labour Party lost power Friday in Wales for the first time since its devolved assembly was created in 1999, as the nationalist Plaid Cymru won the most seats in local elections, the BBC reported. With all 96 seats declared, Plaid Cymru won 43 — falling short of a majority — while anti-immigration Reform … Read more
Investors book gains amid US-Iran tensions
[ Heavyweight stocks drag KSE-100 down by 1,778 points on Strait of Hormuz conflict KARACHI: Pakistan’s stocks on Friday came under pressure as renewed geopolitical tensions between the US and Iran near the Strait of Hormuz triggered a bearish session on the Pakistan Stock Exchange (PSX). The benchmark KSE-100 index declined nearly 1,780 points to … Read more
Punch, the Lonely Monkey Who Drew Crowds to a Small Japan Zoo, Is Growing Up. He’s Still a Star.
The macaque, now 9 months old, has been attracting tens of thousands of visitors to a small Japanese zoo. He ignores the attention.
Industry warns against abrupt tariff cuts
[ Petrochemical, plastic sectors need policy stability for investment, says minister ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan met representatives of the Pakistan Business Council and industrial stakeholders, including Gatron Industries CEO Taimur Dawood, to discuss tariff rationalisation, export sustainability and manufacturing challenges, according to a statement issued by the Ministry of Commerce on … Read more
Queen of World Cup anthems is back
Shakira revives football fever with new FIFA song filmed at Brazil’s iconic Maracana Stadium Global pop icon Shakira is heading back to football’s biggest stage, reviving memories of her 2010 smash hit ‘Waka Waka’ with a brand new anthem for the 2026 FIFA World Cup being held across the United States, Mexico and Canada this … Read more
Trump threatens to resume ‘Project Freedom Plus’ if Iran deal not sealed
‘We’ll go a different route if everything doesn’t get signed up, buttoned up,’ US president says US President Donald Trump delivers remarks in the Rose Garden at the White House in Washington, DC, US, May 8, 2026. REUTERS US President Donald Trump warned that Washington may escalate its military posture in the Strait of Hormuz … Read more