THE NEW YORK TIMES: The Consumer Price Index rose 3.8 percent in April from a year earlier, as increasing energy costs replaced tariffs as the driver of higher prices for Americans.
Consumer prices in the United States rose last month at the fastest rate since May 2023, as sharp increases in energy costs caused by war in the Middle East made life more expensive for American consumers.
The Consumer Price Index rose 3.8 percent in April from a year earlier, the Labor Department reported on Tuesday, up from a 2.4 percent annual increase before the conflict started in February and a 3.3 percent increase in March.
The increase was driven largely by energy prices, up 3.8 percent since the previous month. But the “core” index, stripping out volatile food and energy prices, also rose 2.8 percent over the year in April, up from 2.6 percent in March. Live Updates » | Lydia DePillis | Tuesday, May 12, 2026
The Shrewd Economist
Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
May 12, 2026
Gericht stoppt Trump-Zölle: US-Regierung fürchtet Rückzahlungswelle
BERLINER ZEITUNG: Ein Urteil stoppt die globale Zehn-Prozent-Abgabe bislang nur für drei Kläger. Doch das US-Justizministerium warnt vor tausenden Erstattungsanträgen.
Die US-Regierung will das Urteil gegen Präsident Donald Trumps globale Zehn-Prozent-Zölle bis zum Ende des Berufungsverfahrens aussetzen lassen. Einen entsprechenden Antrag stellte das Justizministerium am Montag beim US-Außenhandelsgericht in New York. Darüber berichtet die Nachrichtenagentur Reuters. Wird dem Antrag stattgegeben, müssen die drei vom Urteil begünstigten Kläger die Zölle weiter zahlen, bis ein Berufungsgericht entschieden hat.
Urteil gilt bislang nur für drei Kläger
Das Außenhandelsgericht hatte die Zölle am 7. Mai mit zwei zu einer Stimme für rechtswidrig erklärt. Die Erhebung stoppte es zunächst aber nur für drei Kläger: die Importeure Basic Fun! und Burlap & Barrel sowie den Bundesstaat Washington. Für alle anderen Importeure gelten die Zölle laut Reuters weiter. » | Peter Steiniger | Dienstag, 12. Mai 2026
Die US-Regierung will das Urteil gegen Präsident Donald Trumps globale Zehn-Prozent-Zölle bis zum Ende des Berufungsverfahrens aussetzen lassen. Einen entsprechenden Antrag stellte das Justizministerium am Montag beim US-Außenhandelsgericht in New York. Darüber berichtet die Nachrichtenagentur Reuters. Wird dem Antrag stattgegeben, müssen die drei vom Urteil begünstigten Kläger die Zölle weiter zahlen, bis ein Berufungsgericht entschieden hat.
Urteil gilt bislang nur für drei Kläger
Das Außenhandelsgericht hatte die Zölle am 7. Mai mit zwei zu einer Stimme für rechtswidrig erklärt. Die Erhebung stoppte es zunächst aber nur für drei Kläger: die Importeure Basic Fun! und Burlap & Barrel sowie den Bundesstaat Washington. Für alle anderen Importeure gelten die Zölle laut Reuters weiter. » | Peter Steiniger | Dienstag, 12. Mai 2026
Labels:
Donald Trump
Britain’s Starmer Says He Will Not Resign
THE NEW YORK TIMES: Prime Minister Keir Starmer vowed to continue in office as he met with cabinet members. Dozens of Labour Party lawmakers had urged him to step down after heavy losses in local elections.
Prime Minister Keir Starmer of Britain dared his critics on Tuesday to formally challenge him if they had the support to do so, opening a high-stakes cabinet meeting by telling ministers that he intends to get on with the business of governing.
“The Labour Party has a process for challenging a leader and that has not been triggered,” Mr. Starmer said, according to a statement from his office. “The country expects us to get on with governing. That is what I am doing and what we must do as a cabinet.”
Mr. Starmer was facing a fast-moving rebellion within his party after it suffered major losses in last week’s local elections in England, and in parliamentary elections in Scotland and Wales. Dozens of Labour Party lawmakers have publicly urged him to set out a timetable for his resignation to allow a contest to find his successor.
Miatta Fahnbulleh, a junior minister, resigned from the government just as the cabinet meeting started, writing in a post directed at Mr. Starmer on social media that “the public does not believe that you can lead this change — and nor do I.”
But the prime minister appears unwilling to go quietly. In his remarks to his cabinet, he repeated comments from a speech on Monday in which he warned that a leadership fight would not be good for the country.
If Mr. Starmer refuses to quit under pressure, his critics would need to gather at least 81 Labour lawmakers to coalesce around a potential rival. That would formally trigger a leadership contest. It was unclear on Tuesday morning whether they had enough support to make that happen.
Some of Mr. Starmer’s fiercest critics do not want him to leave office immediately, but rather to announce that he will step down in the fall. That would give the party time to organize a contest to succeed him that might include Andy Burnham, the mayor of Manchester, who appears to have political momentum behind him. But Mr. Burnham would need to win a seat in Parliament first in a special election, something that was certain to take weeks if not months. Live Updates » | Michael D. Shear and Stephen Castle | Reporting from London | Tuesday, May 12, 2026
Prime Minister Keir Starmer of Britain dared his critics on Tuesday to formally challenge him if they had the support to do so, opening a high-stakes cabinet meeting by telling ministers that he intends to get on with the business of governing.
“The Labour Party has a process for challenging a leader and that has not been triggered,” Mr. Starmer said, according to a statement from his office. “The country expects us to get on with governing. That is what I am doing and what we must do as a cabinet.”
Mr. Starmer was facing a fast-moving rebellion within his party after it suffered major losses in last week’s local elections in England, and in parliamentary elections in Scotland and Wales. Dozens of Labour Party lawmakers have publicly urged him to set out a timetable for his resignation to allow a contest to find his successor.
Miatta Fahnbulleh, a junior minister, resigned from the government just as the cabinet meeting started, writing in a post directed at Mr. Starmer on social media that “the public does not believe that you can lead this change — and nor do I.”
But the prime minister appears unwilling to go quietly. In his remarks to his cabinet, he repeated comments from a speech on Monday in which he warned that a leadership fight would not be good for the country.
If Mr. Starmer refuses to quit under pressure, his critics would need to gather at least 81 Labour lawmakers to coalesce around a potential rival. That would formally trigger a leadership contest. It was unclear on Tuesday morning whether they had enough support to make that happen.
Some of Mr. Starmer’s fiercest critics do not want him to leave office immediately, but rather to announce that he will step down in the fall. That would give the party time to organize a contest to succeed him that might include Andy Burnham, the mayor of Manchester, who appears to have political momentum behind him. But Mr. Burnham would need to win a seat in Parliament first in a special election, something that was certain to take weeks if not months. Live Updates » | Michael D. Shear and Stephen Castle | Reporting from London | Tuesday, May 12, 2026
Labels:
Keir Starmer,
Labour
Putin Hints Ukraine War "Is Coming to an End." Do Today's Russian Papers Agree?
Labels:
Russia,
what the papers say
Pressure on Starmer Mounts as Dozens of Labour Lawmakers Call on Him to Quit
THE NEW YOTK TIMES: The chances of a leadership challenge against Prime Minister Keir Starmer appeared to rise sharply on Monday as several government aides announced their resignations.
Screenshot taken from this NYT article. | Prime Minister Keir Starmer in London on Monday. “I get it. I feel it. And I take responsibility,” he said of last week’s results. | Carl Court/Getty Images
Dozens of Labour Party lawmakers called on Prime Minister Keir Starmer to resign on Monday, effectively rejecting their leader’s efforts to quell a mutiny in the party ranks and raising the likelihood of a bruising leadership battle.
Mr. Starmer began the day with a speech he hoped would quiet the brewing rebellion, acknowledging the anger expressed by voters last week when they overwhelmingly rejected Labour Party candidates in elections across England, Scotland and Wales.
“That hurts and it should hurt,” he said. “I get it. I feel it. And I take responsibility.”
But the speech appears to have done little to appease Labour Party members who blame Mr. Starmer’s deep unpopularity with voters for historic defeats in the contests for municipal council seats and control of the Scottish and Welsh parliaments.
By the end of the day on Monday, news organizations had tallied more than 70 Labour lawmakers who publicly said they wanted a fresh start. Several junior government aides resigned to protest his decision to stay on. » | Michael D. Shear | Reporting from London | Monday, May 11, 2026
Dozens of Labour Party lawmakers called on Prime Minister Keir Starmer to resign on Monday, effectively rejecting their leader’s efforts to quell a mutiny in the party ranks and raising the likelihood of a bruising leadership battle.
Mr. Starmer began the day with a speech he hoped would quiet the brewing rebellion, acknowledging the anger expressed by voters last week when they overwhelmingly rejected Labour Party candidates in elections across England, Scotland and Wales.
“That hurts and it should hurt,” he said. “I get it. I feel it. And I take responsibility.”
But the speech appears to have done little to appease Labour Party members who blame Mr. Starmer’s deep unpopularity with voters for historic defeats in the contests for municipal council seats and control of the Scottish and Welsh parliaments.
By the end of the day on Monday, news organizations had tallied more than 70 Labour lawmakers who publicly said they wanted a fresh start. Several junior government aides resigned to protest his decision to stay on. » | Michael D. Shear | Reporting from London | Monday, May 11, 2026
Labels:
Keir Starmer,
Labour
May 11, 2026
What They Don't Teach You about the Roman Empire
The years have past by, but the core of Mr Parenti's message is just as valid today. It is well worth listening to this video all the way through. Listening to Mr Parenti's message helps to clarify and bring into sharp focus exactly what is going on with those who have a grip on the levers of power.
Die Jahre sind vergangen, doch die Kernaussage von Herrn Parenti ist heute genauso aktuell wie eh und je. Es lohnt sich, dieses Video vollständig anzuhören. Das Hören von Herrn Parentis Botschaft trägt dazu bei, die Machenschaften derer, die die Machthebel in der Hand halten, zu verdeutlichen und klarzumachen.
Les années ont passé, mais le message de M. Parenti reste d'une actualité brûlante. Il est donc essentiel d'écouter cette vidéo jusqu'au bout. Le message de M. Parenti permet de comprendre et de mettre en lumière les agissements de ceux qui détiennent le pouvoir. — © Mark Alexander
Labels:
empires,
imperialism
Former Republican Turned Anti-fascist Activist, Paul Lance exposes Trump’s Authoritarianism
ANTHONY DAVIS can be supported on Patreon here.
Labels:
Adolf Hitler,
Donald Trump,
fascism
May 10, 2026
The Lure of St. Moritz - From Sleepy Mountain Village to Luxury Resort | DW Documentary
May 9, 2026 | St. Moritz is the birthplace of alpine winter tourism, as well of many winter sports. The village, with its magnificent location in the Swiss Engadin mountains, was already attracting celebrities in the last century.
St. Moritz is one of the most exclusive winter sports resorts in the world, with a burnished history. Located in the picturesque Swiss Engadin mountains, the village attracted many celebrities in the last century: including Charlie Chaplin, Audrey Hepburn, Brigitte Bardot, Gunter Sachs, Andy Warhol and Herbert von Karajan. Coco Chanel sought refuge here, during the war. Alfred Hitchcock was inspired to write his first classic in one of St. Moritz’s grand hotels, and returned many times over the decades. The Shah of Persia temporarily ruled his empire from a chalet on the Suvretta slope.
Just 150 years ago, St. Moritz was still a simple mountain village. Then, adventurous Englishmen arrived, invented new winter sports and laid the foundation for the town's fame.
Five-star hotels sprang up in the village of 5,000 inhabitants, which suddenly became a winter hotspot for the rich and famous.
Numerous winter sports originated here, some of which are unique to this location: in Cresta, participants race headfirst down into the valley on low sleds - on the longest natural ice track in the world. The Cresta Club, founded over 100 years ago by Englishmen, is still one of the most exclusive clubs in the world.
In skijoring, skiers are pulled across the frozen Lake St. Moritz by horses. Winter sports, tradition and sophisticated lifestyle, luxury and cosmopolitanism characterize the history of St. Moritz.
St. Moritz is one of the most exclusive winter sports resorts in the world, with a burnished history. Located in the picturesque Swiss Engadin mountains, the village attracted many celebrities in the last century: including Charlie Chaplin, Audrey Hepburn, Brigitte Bardot, Gunter Sachs, Andy Warhol and Herbert von Karajan. Coco Chanel sought refuge here, during the war. Alfred Hitchcock was inspired to write his first classic in one of St. Moritz’s grand hotels, and returned many times over the decades. The Shah of Persia temporarily ruled his empire from a chalet on the Suvretta slope.
Just 150 years ago, St. Moritz was still a simple mountain village. Then, adventurous Englishmen arrived, invented new winter sports and laid the foundation for the town's fame.
Five-star hotels sprang up in the village of 5,000 inhabitants, which suddenly became a winter hotspot for the rich and famous.
Numerous winter sports originated here, some of which are unique to this location: in Cresta, participants race headfirst down into the valley on low sleds - on the longest natural ice track in the world. The Cresta Club, founded over 100 years ago by Englishmen, is still one of the most exclusive clubs in the world.
In skijoring, skiers are pulled across the frozen Lake St. Moritz by horses. Winter sports, tradition and sophisticated lifestyle, luxury and cosmopolitanism characterize the history of St. Moritz.
Labels:
DW documentary,
St Moritz,
Switzerland
Mass Layoffs in Iran as Businesses Buckle Under Wartime Pressures
THE NEW YORK TIMES: Iran was already struggling economically before 2026 brought widespread instability. A government-imposed internet shutdown has crippled an entire sector.
In mid-March, Babak, a 49-year-old Iranian product designer at a tech company in Tehran, was called into his boss’s office and told that his position was being eliminated.
Iran’s government had shut down the internet two weeks earlier, at the outset of U.S.-Israeli war on the country, throwing the country’s tech industry into chaos and making Babak’s job impossible.
“Throughout my career, I have worked hard, continuously learned, and tried to grow,” said Babak, who sent voice messages to The New York Times, and asked to be identified only by his first name to avoid government reprisal. “Yet at this stage of my life, I find myself in an uncertain and ambiguous position,” he said.
Babak’s experience has become increasingly common throughout Iran as companies have instituted round after round of layoffs in recent weeks, according to interviews with businesses and employees and Iranian news reports.
For the Trump administration, Iran’s severe economic struggles are part of a strategy to pressure the country into submission. “I hope it fails,” President Trump told reporters this month, of Iran’s economy. “You know why? Because I want to win.” Iranian officials insist that pressure will not work and that the country will not surrender. » | Leily Nikounazar. Photographs by Arash Khamooshi | Sunday, May 10, 2026
There is one quick, sure-fire solution to this tragedy: Remove the worst, cruellest, most egocentric president ever from office, and imprison him! That will stop all this suffering. — © Mark Alexander
In mid-March, Babak, a 49-year-old Iranian product designer at a tech company in Tehran, was called into his boss’s office and told that his position was being eliminated.
Iran’s government had shut down the internet two weeks earlier, at the outset of U.S.-Israeli war on the country, throwing the country’s tech industry into chaos and making Babak’s job impossible.
“Throughout my career, I have worked hard, continuously learned, and tried to grow,” said Babak, who sent voice messages to The New York Times, and asked to be identified only by his first name to avoid government reprisal. “Yet at this stage of my life, I find myself in an uncertain and ambiguous position,” he said.
Babak’s experience has become increasingly common throughout Iran as companies have instituted round after round of layoffs in recent weeks, according to interviews with businesses and employees and Iranian news reports.
For the Trump administration, Iran’s severe economic struggles are part of a strategy to pressure the country into submission. “I hope it fails,” President Trump told reporters this month, of Iran’s economy. “You know why? Because I want to win.” Iranian officials insist that pressure will not work and that the country will not surrender. » | Leily Nikounazar. Photographs by Arash Khamooshi | Sunday, May 10, 2026
There is one quick, sure-fire solution to this tragedy: Remove the worst, cruellest, most egocentric president ever from office, and imprison him! That will stop all this suffering. — © Mark Alexander
Labels:
Donald Trump,
Iran War,
Iranian economy
Saudi Arabia Is Lifting the Alcohol Ban for Wealthy Foreigners
BBC: Saudi Arabia has quietly started to allow wealthy foreign residents to buy alcohol, a huge change after a 73-year ban. Commentators expect that the relaxation will eventually be extended to tourists, as Sameer Hashmi reports from Riyadh.
For decades, Riyadh's Diplomatic Quarter has stood apart from the rest of the capital city – an affluent enclave of embassies and upscale residences, with shaded walkways, greenery and a café culture that draws young Saudis and expatriates alike.
Now, tucked inside a discreet, unmarked beige complex within the exclusive neighbourhood, a small store has become a discrete testing ground for one of Saudi Arabia's most sensitive policy shifts – the controlled sale of alcohol to wealthy non-Muslim foreigners.
Saudi Arabia, home to Islam's two holiest sites, banned the sale of alcohol in 1952. But as part of a broader effort to reshape its image, the kingdom has rolled out sweeping social and economic reforms in recent years, presenting itself as a more moderate and investment-friendly society.
Under the leadership of crown prince Mohammed bin Salman, Saudi Arabia's de facto ruler, the kingdom has reopened cinemas, hosted major music festivals, lifted the ban on women driving, and curtailed the powers of the once-feared religious police.
But the quiet expansion of legal alcohol sales is arguably the boldest experiment yet.
The liquor shop first opened in Riyadh in January 2024, but entry was initially restricted to non-Muslim diplomats. Under new rules introduced without announcement at the end of 2025, wealthy, non-Muslim foreign residents can now also go there to purchase beer, wine and spirits.
To be eligible, an expat must either hold a Premium Residency permit, which costs 100,000 Saudi riyals ($27,000; £19,300) a year; or show that he or she earns at least 50,000 riyals per month.
The Premium Residency scheme has varying eligibility criteria, and is typically open to senior foreign executives, investors, and professionals with specialised skills.
In both the case of permit holders and those without, they will have to show their residence ID card to security guards at the door. This details their religion and residency status. » | Sameer Hashmi | Thursday, February 5, 2026
Labels:
alcohol,
alcohol ban,
Saudi Arabia
Iran-Krieg leert weltweite Ölreserven in Rekordtempo
BERLINER ZEITUNG: Wie lange reichen die Vorräte noch, bevor an den Zapfsäulen und Flughäfen das Öl knapp wird? US-Analysten nennen konkrete Termine.
Der Iran-Krieg lässt die globalen Ölvorräte nach einem Bericht des Finanzdienstes Bloomberg so schnell schrumpfen wie nie zuvor. Die weltweiten Ölbestände seien zwischen dem 1. März und dem 25. April um rund 4,8 Millionen Barrel pro Tag gesunken, berichtete Bloomberg unter Berufung auf Schätzungen der US-Bank Morgan Stanley.
Das sei der stärkste Quartalsrückgang in den Daten der Internationalen Energieagentur (IEA). Rohöl mache knapp 60 Prozent des Rückgangs aus, raffinierte Kraftstoffe den Rest. Hintergrund ist die seit zwei Monaten weitgehend blockierte Straße von Hormus, durch die ein Großteil der Lieferungen aus dem Persischen Golf fließt. In mehreren asiatischen Staaten könnten demnach bereits in wenigen Wochen kritische Versorgungsengpässe auftreten. » | Sophie Barkey | Sonntag, 10. Mai 2026
Der Iran-Krieg lässt die globalen Ölvorräte nach einem Bericht des Finanzdienstes Bloomberg so schnell schrumpfen wie nie zuvor. Die weltweiten Ölbestände seien zwischen dem 1. März und dem 25. April um rund 4,8 Millionen Barrel pro Tag gesunken, berichtete Bloomberg unter Berufung auf Schätzungen der US-Bank Morgan Stanley.
Das sei der stärkste Quartalsrückgang in den Daten der Internationalen Energieagentur (IEA). Rohöl mache knapp 60 Prozent des Rückgangs aus, raffinierte Kraftstoffe den Rest. Hintergrund ist die seit zwei Monaten weitgehend blockierte Straße von Hormus, durch die ein Großteil der Lieferungen aus dem Persischen Golf fließt. In mehreren asiatischen Staaten könnten demnach bereits in wenigen Wochen kritische Versorgungsengpässe auftreten. » | Sophie Barkey | Sonntag, 10. Mai 2026
Labels:
Irankrieg,
Ölreserven
May 09, 2026
Rob Groves: Reform UK, Bringing the USA’s Project 2025 to Britain
Excellent synopsis. Reform UK is a motley bunch of frauds. It is to be hoped that they never get anywhere near the actual levers of power. — © Mark Alexander
Labels:
MAGA,
Nigel Farage,
Project 2025,
Reform UK
Michael Lambert: Why Reform UK Won't Take Power Despite Farage's Rise
May 9, 2026 | As expected, Reform UK under Nigel Farage has triumphed in this week's local elections, but it will not win a general election, and Farage will never become Prime Minister.
In this video, I explain why. Many of the votes cast for Reform UK were protest votes from disaffected Labour and Conservative voters. Many are likely to vote differently in a general election.
In this video, I highlight some of the content of the party’s manifesto, or 'Contract with the People', much of which is clearly unachievable as confirmed by the Institute of Fiscal Studies.
Policies include massive tax reductions and reducing the NHS waiting list from 7.25 million to zero in two years.
I also quote details of some of the many Reform UK councillors who have appeared in the press for various offences such as racism and hate speech.
Finally, I comment on the most prominent members of Reform UK, such as Lee Anderson, Suella Braverman, Zia Yusuf, Richard Tice, Robert Jenrick, Nadhim Zahawi and Nigel Farage who acccepted a gift of £5 million from a crypto currency millionaire living in Thailand, and how Farage now promotes crypto currency.
Excellent synopsis. I laughed more listening to this video by Michael Lambert than usual. It’s his droll humour that dies it! 😊 Reform UK are such a motley bunch anyway, yet they all have several things in common, namely dishonesty, racism, fantasy, a love of Trump, and a hatred of the European Union. (I’m sure there are other characteristics which haven’t immediately sprung to mind.)
I hope Michael is right about the Party never coming to power. It would be a disaster.
Bottom line: I understand people’s protest votes; but I do not understand how so many people could possibly vote for a man who is the ultimate source of all that ails the country and its economy. — © Mark Alexander
In this video, I explain why. Many of the votes cast for Reform UK were protest votes from disaffected Labour and Conservative voters. Many are likely to vote differently in a general election.
In this video, I highlight some of the content of the party’s manifesto, or 'Contract with the People', much of which is clearly unachievable as confirmed by the Institute of Fiscal Studies.
Policies include massive tax reductions and reducing the NHS waiting list from 7.25 million to zero in two years.
I also quote details of some of the many Reform UK councillors who have appeared in the press for various offences such as racism and hate speech.
Finally, I comment on the most prominent members of Reform UK, such as Lee Anderson, Suella Braverman, Zia Yusuf, Richard Tice, Robert Jenrick, Nadhim Zahawi and Nigel Farage who acccepted a gift of £5 million from a crypto currency millionaire living in Thailand, and how Farage now promotes crypto currency.
Excellent synopsis. I laughed more listening to this video by Michael Lambert than usual. It’s his droll humour that dies it! 😊 Reform UK are such a motley bunch anyway, yet they all have several things in common, namely dishonesty, racism, fantasy, a love of Trump, and a hatred of the European Union. (I’m sure there are other characteristics which haven’t immediately sprung to mind.)
I hope Michael is right about the Party never coming to power. It would be a disaster.
Bottom line: I understand people’s protest votes; but I do not understand how so many people could possibly vote for a man who is the ultimate source of all that ails the country and its economy. — © Mark Alexander
Labels:
local elections,
Nigel Farage,
Reform UK
May 08, 2026
Au Royaume-Uni, Keir Starmer fragilisé après la cuisante défaite des travaillistes face au parti de Nigel Farage
LE FIGARO : Le premier ministre exclut de démissionner, même si le Labour a subi de lourds revers dans ces élections locales qui avaient valeur de test et confirment la fragmentation du paysage politique britannique.
Les pertes sont lourdes, très lourdes même, mais le premier ministre britannique entend rester au front. Keir Starmer a promis de poursuivre le combat, afin de tenir sa promesse d’apporter le « changement » en Grande-Bretagne, malgré les revers subis par son parti aux élections locales. Mais il apparaît de plus en plus fragilisé, alors que le grand vainqueur du scrutin, le parti Reform UK de Nigel Farage, a souvent laminé les travaillistes dans leurs fiefs traditionnels.
Ces résultats du Labour pourraient être les pires jamais obtenus par un parti aux élections locales depuis le début du siècle. Le parti au pouvoir pourrait perdre quelque 1200 sièges en Angleterre, un résultat qui se rapproche des prévisions les plus pessimistes. En moyenne, le vote travailliste a chuté de 16 points par rapport à 2022, et même de 19 points par rapport à 2024. Cette baisse est particulièrement marquée dans les bastions du parti du centre et du nord de l’Angleterre ainsi que dans les quartiers à forte population musulmane. Plus de 5 000 sièges d’élus locaux étaient en jeu en Angleterre tandis que des scrutins renouvelaient les parlements gallois et écossais. La perte du contrôle du Pays de Galles pourrait être un revers historique. » | Par Arnaud De La Grange | vendredi 8 mai 2026
Réservé aux abonnés
Ces résultats ne devraient surprendre personne. C'était un désastre annoncé. Keir Starmer semble ignorer l'essence même de la mentalité britannique, du mode de vie britannique. De ce fait, sa politique autoritaire ne reflète pas les aspirations de l'électorat. Si Starmer veut redresser la barre, il doit abandonner sans délai toutes ses politiques absurdes et intrusives, et surtout, il doit relancer une économie atone. Et ce, de toute urgence ! — © Mark Alexander
Les pertes sont lourdes, très lourdes même, mais le premier ministre britannique entend rester au front. Keir Starmer a promis de poursuivre le combat, afin de tenir sa promesse d’apporter le « changement » en Grande-Bretagne, malgré les revers subis par son parti aux élections locales. Mais il apparaît de plus en plus fragilisé, alors que le grand vainqueur du scrutin, le parti Reform UK de Nigel Farage, a souvent laminé les travaillistes dans leurs fiefs traditionnels.
Ces résultats du Labour pourraient être les pires jamais obtenus par un parti aux élections locales depuis le début du siècle. Le parti au pouvoir pourrait perdre quelque 1200 sièges en Angleterre, un résultat qui se rapproche des prévisions les plus pessimistes. En moyenne, le vote travailliste a chuté de 16 points par rapport à 2022, et même de 19 points par rapport à 2024. Cette baisse est particulièrement marquée dans les bastions du parti du centre et du nord de l’Angleterre ainsi que dans les quartiers à forte population musulmane. Plus de 5 000 sièges d’élus locaux étaient en jeu en Angleterre tandis que des scrutins renouvelaient les parlements gallois et écossais. La perte du contrôle du Pays de Galles pourrait être un revers historique. » | Par Arnaud De La Grange | vendredi 8 mai 2026
Réservé aux abonnés
Ces résultats ne devraient surprendre personne. C'était un désastre annoncé. Keir Starmer semble ignorer l'essence même de la mentalité britannique, du mode de vie britannique. De ce fait, sa politique autoritaire ne reflète pas les aspirations de l'électorat. Si Starmer veut redresser la barre, il doit abandonner sans délai toutes ses politiques absurdes et intrusives, et surtout, il doit relancer une économie atone. Et ce, de toute urgence ! — © Mark Alexander
Labels:
Labour,
Nigel Farage,
Royaume-Uni
U.A.E. Expels Pakistani Workers, as Pakistan’s Peacemaking Creates a Rift
THE NEW YORK TIMES: As Pakistan mediates between the U.S. and Iran, its ties to the Emirates have deteriorated. Pakistani workers say they are now being sent home en masse.
Pakistan has been trying to help end the war in Iran, but that effort is now creating problems with one of its longtime partners, the United Arab Emirates.
The rich Persian Gulf country has started a large-scale expulsion of Pakistani workers, threatening to cut off a vital source of jobs for Pakistan.
The Emirates appears to be upset that Pakistan has not condemned Iranian strikes on the Emirates more forcefully while it is trying broker a peace deal between the United States and Iran. The Emirates has borne the brunt of those attacks and has been hit by thousands of Iranian missiles and drones strikes.
The New York Times interviewed more than 20 Pakistani Shiites who worked in the Emirates as employees of Emirati companies. All said they were suddenly arrested, detained and deported in the past month.
Eight people with businesses based in the Emirates said their Pakistani employees had been deported in recent weeks.
Shiite religious leaders in Pakistan estimate as many as thousands of Shiite Pakistanis have been deported from the Emirates since mid-April. Pakistan’s 35 million Shiites, who have deep spiritual ties to Iran, have often faced sectarian violence in Pakistan, where the majority of people are Sunni Muslims.
The reasons for the expulsions are unclear, and both countries claim their ties are strong. » | Elian Peltier, Zia ur-Rehman and Vivian Nereim | Elian Peltier reported from Islamabad, Pakistan; Zia ur-Rehman from Kohat District in the country’s northwest, and Vivian Nereim from Riyadh, Saudi Arabia. | Friday, May 8, 2026
Pakistan has been trying to help end the war in Iran, but that effort is now creating problems with one of its longtime partners, the United Arab Emirates.
The rich Persian Gulf country has started a large-scale expulsion of Pakistani workers, threatening to cut off a vital source of jobs for Pakistan.
The Emirates appears to be upset that Pakistan has not condemned Iranian strikes on the Emirates more forcefully while it is trying broker a peace deal between the United States and Iran. The Emirates has borne the brunt of those attacks and has been hit by thousands of Iranian missiles and drones strikes.
The New York Times interviewed more than 20 Pakistani Shiites who worked in the Emirates as employees of Emirati companies. All said they were suddenly arrested, detained and deported in the past month.
Eight people with businesses based in the Emirates said their Pakistani employees had been deported in recent weeks.
Shiite religious leaders in Pakistan estimate as many as thousands of Shiite Pakistanis have been deported from the Emirates since mid-April. Pakistan’s 35 million Shiites, who have deep spiritual ties to Iran, have often faced sectarian violence in Pakistan, where the majority of people are Sunni Muslims.
The reasons for the expulsions are unclear, and both countries claim their ties are strong. » | Elian Peltier, Zia ur-Rehman and Vivian Nereim | Elian Peltier reported from Islamabad, Pakistan; Zia ur-Rehman from Kohat District in the country’s northwest, and Vivian Nereim from Riyadh, Saudi Arabia. | Friday, May 8, 2026
May 07, 2026
Putin Is Facing Growing Disenchantment among Russian Elites | Mark Galeotti
May 7, 2026 | “There is a sense that he’s really lost touch with the country.”
There is a “growing disenchantment among the Russian elites” with Putin’s war on Ukraine, says historian and director of Mayak Intelligence Mark Galeotti.
There is a “growing disenchantment among the Russian elites” with Putin’s war on Ukraine, says historian and director of Mayak Intelligence Mark Galeotti.
Labels:
Russia,
Vladimir Putin
Stocks Are Exuberant. Bonds Are Subdued. Why the Divergence?
THE NEW YORK TIMES: Stock investors are betting that companies will make enormous profits, despite the war. But investors in bonds, including U.S. Treasuries, have other concerns.
The U.S. stock market has been splendid lately, while the bond market has wobbled. These two barometers of the global financial world have responded quite differently to the higher oil prices and increased economic risks induced by the war in Iran.
After a rough stretch in March, the U.S. stock market has regularly shrugged off risk — not only recovering its losses since the start of the war but going on to new highs, as investors bet that publicly traded U.S. companies would keep reaping enormous profits, regardless of what happened in the war.
Other international stock markets, which had performed marvelously before the war and took heavy losses in March, have also rebounded stoutly. International stock markets overall are ahead of the U.S. stock market since the start of the year.
But the bond market is another matter. Bond traders have maintained a much sharper focus on risk. Yields remain correlated with shifts in the price of oil. As oil prices have spiked and inflation has risen, yields have risen and bond prices, which move in the opposite direction, have fallen. » | Jeff Sommer | eff Sommer writes Strategies, a weekly column on markets, finance and the economy. | Thursday, May 7, 2026
The U.S. stock market has been splendid lately, while the bond market has wobbled. These two barometers of the global financial world have responded quite differently to the higher oil prices and increased economic risks induced by the war in Iran.
After a rough stretch in March, the U.S. stock market has regularly shrugged off risk — not only recovering its losses since the start of the war but going on to new highs, as investors bet that publicly traded U.S. companies would keep reaping enormous profits, regardless of what happened in the war.
Other international stock markets, which had performed marvelously before the war and took heavy losses in March, have also rebounded stoutly. International stock markets overall are ahead of the U.S. stock market since the start of the year.
But the bond market is another matter. Bond traders have maintained a much sharper focus on risk. Yields remain correlated with shifts in the price of oil. As oil prices have spiked and inflation has risen, yields have risen and bond prices, which move in the opposite direction, have fallen. » | Jeff Sommer | eff Sommer writes Strategies, a weekly column on markets, finance and the economy. | Thursday, May 7, 2026
Labels:
bonds,
stocks and shares,
Wall Street
As U.S. Debt Hits a Worrying Milestone, Washington Barely Notices
THE NEW YORK TIMES: The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene.
The U.S. government learned last week that it may have reached an unfortunate milestone: The size of its debt surpassed the nation’s total economic output.
It was a striking imbalance, according to early estimates, one that the country has experienced only in rare circumstances — briefly during the pandemic, and in the aftermath of World War II. But the development barely seemed to register in the nation’s capital, where few policymakers bothered to acknowledge the latest warning sign about the government’s poor fiscal health.
The root of the problem is well-documented and widely known. U.S. debt has soared in recent years because of a mismatch between federal spending and tax revenue, one complicated by a rapidly aging population, which has driven up costs across government.
For economists, the fear is that these conditions are inching the United States toward a fiscal crisis, one in which its debt is so great that the country can’t easily afford to pay the rising interest on it. But their warnings have long gone unheeded in Washington, calcifying the strains on the government’s balance sheet in ways that President Trump’s agenda is expected to exacerbate. » | Tony Romm | Reporting from Washington | Thursday, May 7, 2026
The U.S. government learned last week that it may have reached an unfortunate milestone: The size of its debt surpassed the nation’s total economic output.
It was a striking imbalance, according to early estimates, one that the country has experienced only in rare circumstances — briefly during the pandemic, and in the aftermath of World War II. But the development barely seemed to register in the nation’s capital, where few policymakers bothered to acknowledge the latest warning sign about the government’s poor fiscal health.
The root of the problem is well-documented and widely known. U.S. debt has soared in recent years because of a mismatch between federal spending and tax revenue, one complicated by a rapidly aging population, which has driven up costs across government.
For economists, the fear is that these conditions are inching the United States toward a fiscal crisis, one in which its debt is so great that the country can’t easily afford to pay the rising interest on it. But their warnings have long gone unheeded in Washington, calcifying the strains on the government’s balance sheet in ways that President Trump’s agenda is expected to exacerbate. » | Tony Romm | Reporting from Washington | Thursday, May 7, 2026
Labels:
US national debt
UAE’s Ruling Royal Family Benefits from More Than €71m in EU Farming Subsidies
THE GUARDIAN: Al Nahyans’ control over farmland in Europe has meant they receive proportion of payments to farms
This screenshot was taken from this Guardian article. | Sheikh Mohamed bin Zayed Al Nahyan, leader of Abu Dhabi and president of the UAE, is at the helm of the Al Nahyan family. Photograph: Anadolu/Getty Images
The United Arab Emirates’ ruling royal family is benefiting from tens of millions in EU subsidies to grow crops destined for the Gulf, it can be revealed.
A cross-border investigation by DeSmog and shared with the Guardian found subsidiaries controlled by the Al Nahyans collected more than €71m (£61m) in six years for farmland it controls in Romania, Italy and Spain.
The Al Nahyan family is the second richest in the world, with an estimated wealth of more than $320bn (£235bn), mostly derived from the Emirates’ vast oil reserves.
Subsidies under the common agricultural policy (Cap) make up a third of the EU’s entire budget, paying out about €54bn each year to farmers and rural areas across the bloc.
But an unknown proportion of this ends up in the hands of foreign investors – including those controlled by autocratic states. » | Clare Carlile | Thursday, May 7, 2026
The United Arab Emirates’ ruling royal family is benefiting from tens of millions in EU subsidies to grow crops destined for the Gulf, it can be revealed.
A cross-border investigation by DeSmog and shared with the Guardian found subsidiaries controlled by the Al Nahyans collected more than €71m (£61m) in six years for farmland it controls in Romania, Italy and Spain.
The Al Nahyan family is the second richest in the world, with an estimated wealth of more than $320bn (£235bn), mostly derived from the Emirates’ vast oil reserves.
Subsidies under the common agricultural policy (Cap) make up a third of the EU’s entire budget, paying out about €54bn each year to farmers and rural areas across the bloc.
But an unknown proportion of this ends up in the hands of foreign investors – including those controlled by autocratic states. » | Clare Carlile | Thursday, May 7, 2026
Labels:
EU,
farming subsidies,
UAE
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