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World Wide May 13, 2026

Israeli Drone Strikes Kill at Least Eight in Lebanon's Highway

At least eight people, including two children, were killed in Israeli drone strikes on a highway so…
The Deadly Israeli Drone Strikes Three Israeli drone strikes on cars on a major highway linking Beirut to southern Lebanon have killed at least eight people, including two children, Lebanon’s Ministry of Health reported. A photograph of the bombed cars shared by Lebanon’s National News Agency following the attacks on Wednesday in the Jiyeh area, some 20km (12 miles) south of the Lebanese capital, showed the vehicles severely damaged, their exteriors charred and torn apart. Escalating Conflict and Humanitarian Crisis Al Jazeera’s Zeina Khodr, reporting from Tyre in southern Lebanon, said the “conflict is only escalating”. “It is a conflict that is taking a high toll on the civilians who live in these areas,” she said. Lebanon and Israel are expected to hold a new round of direct negotiations in Washington on Thursday, brokered by the United States. Hezbollah, which has been launching attacks on northern Israel and on Israeli troops who have entered and occupied a section of southern Lebanon, says it opposes the negotiations in the US. The Humanitarian Toll On Wednesday morning, the Israeli military issued forced displacement orders for the residents of Meiss el-Jabal, Yanouh, Burj Shemali, Hula, Debl and Aabbasiyyeh, warning that it will soon act against these six southern Lebanese villages “forcefully”. Anyone who remains “endangers their life,” the military said, warning residents to move at least 1,000 metres (0.6 miles) away to “open areas”. After this new round of forced displacement orders – which have been happening almost daily in the past week – Al Jazeera’s Khodr said one of the few remaining hospitals in the area was in the displacement zone. At least 100,000 people still live in the district of Tyre. 13 people were killed in attacks on towns in the south on Tuesday. Two Lebanese Civil Defence paramedics were among the dead. At least 380 people have been killed during the truce. The total death toll since the Israeli invasion and bombardment began on March 2 is more than 2,800. 108 emergency medical services and healthcare workers have been killed in Lebanon during the war. The Future Outlook “All of this is having a huge impact here on the communities in southern Lebanon,” Al Jazeera’s Obaida Hitto said from Tyre. “And there is a growing humanitarian crisis, with over a million people displaced.”
#Israel #Lebanon #Beirut
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Business May 13, 2026

Vistry Warns of Significantly Lower Profits as Iran Conflict Fuels UK Housing Uncertainty

UK housebuilder Vistry announced that first‑half profits will be markedly lower after the US‑Israel…
Vistry warned that its first‑half adjusted pre‑tax profit will be "significantly lower" than the prior year, citing the fallout from the US‑Israeli war on Iran. The warning sent the stock down 10.5%, its lowest level in nearly 15 years, and prompted a company‑wide operational review led by new CEO Adam Daniels. Vistry’s Profit Warning Amid Middle East Conflict The housebuilder, owner of Bovis Homes, Countryside and Linden Homes, updated investors hours before its AGM, stating that heightened macro‑economic uncertainty has altered the outlook since the March update. While sales volumes remain above last year, buyer caution has risen sharply due to the conflict. Financial Fallout: Share Drop and Profit Forecasts Key financial signals include: Share price fell 10.5% in early trading, reaching a 15‑year trough. First‑half profit expected to be "significantly lower" than 2025. Adjusted pre‑tax profit for 2026 projected to sit in the "middle of the range" of analyst forecasts. Company halted its share‑buy‑back programme to prioritise debt reduction. Ripple Effects on the UK Housing Market and Supply Chain The conflict has introduced upward pressure on building‑material costs and labour wages, pressures Vistry expects to persist into the second half of the year. To mitigate, Vistry is negotiating with suppliers and offering larger buyer incentives, actions that further compress margins. Industry analysts, such as Anthony Codling of RBC Capital Markets, note that while execution risks remain high, the update reflects a broader slowdown in UK housing activity. Outlook: Operational Review and Path to Recovery CEO Adam Daniels has launched a company‑wide operational review, with findings slated for September. The firm anticipates a partial recovery in the second half of the year, aiming for profits flat with 2025 levels and a return to a more stable growth trajectory thereafter.
#Vistry #Adam Daniels #UK housing market
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World Wide May 13, 2026

Iran War Enters Day 75: Trump-Xi Talks in Beijing as Gulf Tensions Rise

US President Donald Trump arrived in Beijing for high-stakes talks with Chinese President Xi Jinpin…
The Lead US President Donald Trump departed for Beijing on Tuesday for a high-stakes summit with Chinese President Xi Jinping, saying the two leaders would hold a 'long talk' on Iran even as trade remains the main focus of the visit. Iran's Stance on Peace Iran presses US on peace proposal: Iran's chief negotiator and Parliament Speaker Mohammad Bagher Ghalibaf said Washington must accept Tehran's latest peace plan or face failure. Report says Iran retains missile strength: The New York Times reported Tuesday that classified US intelligence assessments say Iran still has substantial missile capabilities, with about 70 percent of its mobile launchers and pre-war missile stockpile still in action. War Diplomacy Chinese supertanker crosses Hormuz: Chinese crude oil supertanker Yuan Hua Hu was reportedly transiting the Strait of Hormuz on Wednesday, ship-tracking data showed, passing Iran's Larak Island while heading out of the Gulf. Hezbollah rules out disarmament talks: Hezbollah chief Naim Qassem said his group's weapons were not part of forthcoming ceasefire negotiations between Lebanon and Israel. Qatar warns over Hormuz pressure: Qatar's prime minister said Iran should not use the Strait of Hormuz, blocked since early in the war, as a means of 'blackmail' against Gulf states. The Gulf UAE gas facility hit by war: The UAE's main gas processing complex, one of the world's largest, will not resume full capacity until next year, its operator said, after it was hit in the Iran war. Kuwait arrests alleged IRGC operatives: The country said it arrested four men accused of belonging to Iran's IRGC after they tried to infiltrate Bubiyan Island by sea and injured a Kuwaiti soldier. In the US Trump on Xi: Trump said he does not believe the US needs China's help to end the war involving Iran, but confirmed the issue would still feature in his talks with Xi Jinping this week. Trump says war's end will bring down inflation: Facing growing domestic pressure over rising prices linked to the conflict, Trump said the war 'will not be long' and argued its end would trigger a sharp drop in oil prices and inflation. US says Iran war has cost $29bn: Defense Secretary Pete Hegseth told lawmakers the war has cost Washington at least $29bn in munitions and equipment over 74 days, excluding damage to bases. The Impact Analysis The ongoing conflict in Iran has significant implications for the global economy, with rising oil prices and inflation being major concerns. The war has also led to a humanitarian crisis, with hundreds of thousands of students displaced and schools destroyed in Lebanon. The Prediction The future outlook for the conflict in Iran remains uncertain, with both sides showing no signs of backing down. However, with growing domestic pressure and international diplomacy, there is a possibility that the conflict could be resolved peacefully in the near future.
#Iran #United States #China
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Politics May 13, 2026

Xi Jinping Expected to Press Trump on Taiwan, Tariffs Amid Regional Tensions

Chinese President Xi Jinping is expected to seek concessions on Taiwan and US tariffs during his su…
The Lead: A High-Stakes Diplomatic Encounter Chinese President Xi Jinping is expected to seek concessions on Taiwan and US tariffs when he meets United States President Donald Trump for a critical summit taking place in the shadow of the war on Iran. Trump's arrival in China marks the first trip by a US leader to the country since 2017, setting the stage for what could be a pivotal moment in US-China relations. The Taiwan Confrontation: Core Interest and Red Lines Unlike Trump's mercurial policymaking approach, Xi is widely seen as predictable in his goals for the summit, particularly concerning Beijing's "core interests" related to national security and territorial integrity. At the top of that list is Taiwan, which Beijing views as an inalienable part of its territory despite Taiwan's self-governing status. China has named Taiwan as the first of "four red lines" that "must not be challenged." In a call with US Secretary of State Marco Rubio last month, Chinese Foreign Minister Wang Yi described Taiwan as "the biggest risk in the China-US relationship." While analysts say it's unlikely the US will change its position on Taiwan due to Chinese pressure, Trump has indicated the summit will include discussions about the $14bn arms package approved by Congress for Taiwan. The Trade War Dynamics: Economic Uncertainty and Strategic Maneuvering Xi is also eager to smooth over US-China relations after a tumultuous 18 months that saw Trump launch a second trade war with the world's second-largest economy. The standoff saw both countries implement escalating tariffs and punitive measures, including export controls, before hitting pause in May. During their last meeting in South Korea in October, Xi and Trump agreed to a one-year reprieve in their trade war, though some trade measures remain in place. China is likely to agree to increase purchases of US agricultural exports and Boeing planes during the summit, but is unlikely to make concessions on rare earths—a sector it dominates—without major political trade-offs from the US. The Geopolitical Chessboard: Iran Conflict and Global Implications The US-Israel war on Iran will loom large over the summit. Although not a direct participant, China has been significantly impacted by the economic fallout of the conflict and the shutdown of the Strait of Hormuz, through which one-fifth of global oil and natural gas supplies typically pass. Beijing has consistently called for negotiations and a comprehensive ceasefire since the conflict began, a message Xi is likely to reiterate. Despite Trump stating he doesn't need China's "help" resolving the war, the White House has pressured Beijing to influence Iran to reopen the strait. China has maintained a "comprehensive strategic partnership" with Iran since 2016 and purchases more than 80% of its oil, though Xi is expected to limit China's role to mediation, consistent with its non-intervention foreign policy principle. The Future of US-China Relations: Strategic Adjustments and Long-term Planning For Beijing, the stakes are particularly high as its view of Trump has shifted from a "predictable transactional counterpart" to a "more action-oriented and harder-to-restrain opponent." Rather than securing immediate concessions, China's priority is "trying to adjust the current strategic position and negotiating pace that are unfavorable to it, and bring US-China interactions back into a framework that it can better control." Xi may also support Trump's plan to create a "Board of Trade" and "Board of Investment" to oversee US-China economic ties, as Beijing seeks predictability and certainty for the remainder of Trump's term through January 2029. This stability would allow China to plan its own economic policies with greater confidence, particularly regarding tariff levels and trade relationships.
#Xi Jinping #Donald Trump #Taiwan
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Politics May 13, 2026

Jensen Huang Joins Trump’s China Delegation, Highlighting US Tech Push

Billionaire Nvidia CEO Jensen Huang was added at the last minute to Donald Trump's high‑profile Chi…
Jensen Huang Added to Trump’s High‑Profile China DelegationJensen Huang, chief executive of Nvidia, joined Donald Trump's 36‑hour China trip after a reported last‑minute invitation, sitting with CEOs such as Elon Musk and Tim Cook for a meeting with President Xi Jinping.Summit dates: May 13‑14, 2026Key participants: CEOs of Nvidia, Tesla, Apple, Goldman Sachs and othersAgenda items: conflict in Iran, tariffs, Taiwan, and US‑China tech cooperationFinancial Stakes: $50 bn Market Target and Billionaire Net WorthHuang has repeatedly cited the Chinese market as a $50 bn opportunity for Nvidia’s AI chips. His personal fortune surged to $191.5 bn, briefly placing him among the world’s top seven richest people, while his 2026 compensation fell to $36.6 m after a stock‑price correction.Net‑worth: $191.5 bn (based on 3 % Nvidia stake)Compensation 2026: $36.6 m (‑27 % YoY)China market potential cited: $50 bnImplications for US‑China Tech Relations and AI CompetitionThe inclusion of a leading AI hardware maker signals Washington’s intent to leverage private‑sector expertise in diplomatic talks, aiming to “open up” China for American tech firms. It also raises questions about the optics of blending corporate influence with foreign policy amid ongoing tensions over AI dominance.What the Summit Could Signal for Future Tech DiplomacyAnalysts expect the summit to set a precedent for more frequent “business‑state” delegations, potentially accelerating joint research agreements or, conversely, prompting stricter export controls if negotiations stall. The outcome may shape the pace at which US AI firms gain market access in China and influence broader geopolitical strategies.
#Nvidia #Jensen Huang #Donald Trump
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Health May 13, 2026

Daily Orforglipron Pill Shows Promise in Sustaining Weight Loss After GLP‑1 Injections

A large‑scale trial presented at the European Congress on Obesity finds that the oral drug orforgli…
A new large‑scale randomized trial presented at the European Congress on Obesity in Istanbul indicates that the oral GLP‑1 antagonist orforglipron can help patients retain the majority of weight lost with injectable therapies such as tirzepatide (Mounjaro) and semaglutide (Wegovy).Trial Shows Oral Orforglipron Preserves Most Weight After Switching from InjectablesThe study, funded by Eli Lilly, followed 376 US patients who had been on tirzepatide or semaglutide injections for 72 weeks and then randomized them to a daily orforglipron tablet or placebo for an additional year.Participants were previously on weekly GLP‑1 jabs that typically produce 15‑20% body‑weight loss.After the injection phase, subjects were switched to oral therapy or placebo for 12 months.Primary endpoint: proportion of weight loss retained at 12 months.Quantitative Outcomes: 75% vs 49% Retention for Tirzepatide Users, 80% vs 38% for Semaglutide UsersWeight‑loss maintenance differed markedly between the pill and placebo groups:Tirzepatide cohort: 75% of lost weight retained with orforglipron vs 49% with placebo.Semaglutide cohort: 80% retained with the pill vs 38% with placebo.Secondary benefits—blood pressure, cholesterol, and glycaemic control—were also sustained in the pill arm.Implications for Obesity Management and Healthcare CostsExperts highlighted the broader significance:Dr Louis Aronne (Weill Cornell Medicine) emphasized that treating obesity directly can simultaneously improve glucose, lipid, and blood‑pressure metrics.Dr Marie Spreckley (University of Cambridge) noted patient preference for oral therapy due to convenience, storage, and lower cost.Dr Simon Cork (Anglia Ruskin University) warned that injectable GLP‑1 drugs, while highly effective, are expensive and limit long‑term accessibility for both private payers and the NHS.The findings suggest a potential shift toward oral agents that maintain efficacy while reducing financial and logistical burdens.Future Outlook: Oral GLP‑1 Therapies Could Redefine Chronic Obesity CareIf further trials confirm these results, orforglipron could become a cornerstone of chronic obesity management, enabling earlier intervention (BMI 25‑27) and possibly preventing progression to severe obesity.Regulators and payers will likely scrutinize cost‑effectiveness models, but the prospect of a cheap, daily tablet that sustains weight loss may reshape treatment algorithms worldwide.
#orforglipron #Eli Lilly #GLP-1
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Politics May 13, 2026

Trump‑Xi Beijing Summit: Trade, Tech, Taiwan and the Iran Conflict at the Forefront

U.S. President Donald Trump arrives in Beijing for his first visit to China in nearly a decade, mee…
Trump's Beijing Visit Marks First U.S. Leader in a DecadePresident Donald Trump departed for Beijing ahead of a two‑day summit with President Xi Jinping, the first U.S. head of state to set foot in China since 2017. The high‑stakes meeting comes after weeks of stalled U.S. attempts to enlist Beijing’s help in reviving Iran negotiations and easing tensions in the Strait of Hormuz.Trade, Technology and Taiwan: Core Bargaining ChipsThe agenda is expected to centre on four pillars: trade (especially U.S. agricultural exports and Boeing sales), advanced semiconductor and rare‑earth restrictions, the Taiwan question, and the Iran war. Washington will press China for higher purchases of U.S. goods, while Beijing will seek relief from U.S. export controls on chip‑making equipment and a loosening of rare‑earth export curbs.Economic Stakes: Tariffs, Rare Earths and Energy FlowsChina controls roughly 90 % of global rare‑earth refining, a critical input for chips, EVs and military hardware.The United States has imposed tariffs on some Chinese goods that have risen to above 100 % in the past year.China buys more than 80 % of Iran’s shipped crude, giving it leverage over Tehran’s oil revenue.U.S. officials hope to secure new Chinese purchases of American beef, soybeans and aircraft.Geopolitical Ripple Effects: Iran, the Strait of Hormuz and Global OrderAnalysts see the Iran conflict as a rare area of overlapping interest: both Washington and Beijing benefit from stable energy flows through the Gulf. However, Beijing is unlikely to fully align with U.S. pressure on Tehran, preferring to protect its own oil‑buyer relationship. The summit also tests the durability of the “strategic rivalry‑dependency paradox” that binds the two economies.What the Summit Could Signal for Future U.S.–China RelationsA “successful” outcome for Trump would be visible trade wins—new Chinese purchase commitments, limited tariff pauses, or a framework for rare‑earth cooperation—that can be sold to domestic voters ahead of the 2026 midterms. For Xi, success means preserving China’s strategic autonomy while extracting economic predictability without appearing to concede to U.S. demands. Most experts expect a limited, issue‑by‑issue agreement rather than a comprehensive deal, leaving the deeper structural rivalry largely intact but temporarily managed.
#Donald Trump #Xi Jinping #US‑China trade
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Politics May 13, 2026

Mass Protests Erupt in Argentina Over Milei’s University Funding Cuts

Tens of thousands of Argentines marched in major cities on Tuesday to protest President Javier Mile…
Lead: Massive Street Demonstrations Across ArgentinaTens of thousands of Argentines converged in major cities on Tuesday to denounce the Javier Milei administration’s cuts to the public university system, a cornerstone of the nation’s tuition‑free higher‑education model.Thousands Take to Streets as Milei’s Cuts Target Tuition‑Free UniversitiesProtesters marched from central Buenos Aires toward the presidential palace, chanting against budget shortfalls that they claim undermine the foundations of higher education. The public university system has been tuition‑free since 1949 and has produced five Nobel laureates.Estimated protest size: tens of thousands nationwide.Key locations: Buenos Aires, Córdoba, Rosario.Government stance: Alejandro Alvarez, undersecretary for university policy, called the march “completely political”.Budget Shortfalls and Salary Declines Highlight Fiscal StrainCongress approved a law last year to finance operating costs and raise academic salaries in line with soaring inflation, but the Milei government has refused implementation and is challenging the legislation in court.University operating‑cost financing law: passed 2025.Real‑term professor salaries have fallen by about one‑third since Milei took office in late 2023.Unemployment and real wages are also declining, contributing to sliding approval ratings for Milei.Erosion of Higher‑Education Foundations Threatens Social MobilityThe cuts strike at a system that has historically enabled social mobility and scientific achievement. Public anger is amplified by corruption allegations surrounding Manuel Adorni, Milei’s cabinet chief, whose alleged lavish spending contrasts sharply with his official salary.Public universities: tuition‑free, historically elite‑producing.Corruption probe: media reports on extravagant expenses by Adorni.Political climate: protests include a broad cross‑section of ages and political leanings.Future Trajectory: Potential Escalation and Policy Reversal ScenariosIf the government continues to block the financing law, protests may intensify, potentially forcing a legislative or judicial reversal. Conversely, a negotiated settlement could restore funding, stabilizing university salaries and tempering social unrest.
#Javier Milei #Argentina #Public Universities
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World Wide May 13, 2026

Bahrain-led UN Resolution on Strait of Hormuz Gains Support of 112 Nations

A UN Security Council resolution calling for freedom of navigation through the Strait of Hormuz has…
The Lead A draft United Nations Security Council resolution calling for freedom of navigation through the Strait of Hormuz has gained 112 co-sponsors, according to diplomatic sources. This development underscores the breadth of global concern over the closure of one of the world’s most critical shipping lanes. The Event Details The resolution, tabled by Bahrain and the United States, seeks to protect international waterways, commercial shipping and energy supplies, and to ensure the safety of seafarers. It also calls for an end to Iranian attacks on its Gulf neighbours. Qatar, Saudi Arabia and Kuwait have joined Manama and Washington as principal sponsors, while India, Japan, South Korea, Kenya, Argentina and most member states of the European Union have also signed on. The Data Analysis “The list takes up three full pages,” said Al Jazeera’s correspondent in New York, Gabriel Elizondo. “It’s essentially being co-sponsored by two-thirds of all 193 UN member states.” This level of support indicates a significant international consensus on the need to maintain freedom of navigation through the Strait of Hormuz. The Impact Analysis The diplomatic push comes as peace negotiations between Iran and the US remain deadlocked. The US is demanding that Iran dismantle its nuclear programme and lift its restrictions on the strait. Iran has countered with calls for war reparations, an end to the US naval blockade of its ports and a ceasefire on all fronts, including in Lebanon, where US ally Israel is fighting Iranian-backed Hezbollah. The Prediction No date has been set for a vote on the resolution. However, with 112 co-sponsors, it is clear that there is significant international pressure on Iran to reconsider its stance on the Strait of Hormuz. The outcome of the vote will depend on the positions of key players such as China and Russia, which have voiced reservations about the draft but have not yet indicated whether they will veto it.
#Bahrain #United Nations #Strait of Hormuz
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