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Economy May 22, 2026

Kevin Warsh Sworn In as New Federal Reserve Chair Amid Inflation Pressures

Kevin Warsh, 56, was sworn in Friday as the new chair of the U.S. Federal Reserve, succeeding Jerom…
Kevin Warsh, 56, was sworn in Friday as the new chair of the United States Federal Reserve Board of Governors, succeeding Jerome Powell after a sharply partisan Senate vote.Swearing‑In and Senate Confirmation DetailsThe oath of office was administered on May 22, 2026. The Senate confirmed Warsh along party lines, with only Pennsylvania Sen. John Fetterman breaking with his Democratic colleagues.Nomination period: contentious, with accusations of being a “sock puppet” for President Donald Trump.Trump’s opening remarks: “I want Kevin to be totally independent and do a great job.”Democratic Sen. Elizabeth Warren challenged Warsh’s independence during the Banking Committee hearing.Warsh’s first policy meeting: June 16‑17, 2026.Inflation Numbers and Market ExpectationsConsumer prices rose 0.6 % in April after a 0.9 % increase in March, according to the latest CPI report.Annual CPI: 3.8 % YoY – the largest rise in three years.Energy prices: up 17.9 % over the past year.Average gasoline price: $4.56 per gallon (up from $2.98 on Feb 28).JPMorgan Chase forecasts rates will stay unchanged until mid‑2027, with a possible rise thereafter. CME Group’s FedWatch tool shows a 97 % probability that rates remain unchanged at the next meeting.Implications for Fed Independence and Monetary PolicyWarsh inherits a central bank under intense political scrutiny. While he pledged “not naive” about inflation challenges, the White House’s push for rate cuts collides with the Fed’s mandate to curb price growth.The Fed’s April minutes highlighted persistent inflation risks from geopolitical tensions and sector‑specific price pressures, reinforcing concerns about long‑term rate stability.Outlook for Rate Decisions and Economic GrowthGiven the 97 % odds of a hold at the June meeting and JPMorgan’s mid‑2027 rate‑rise scenario, markets are likely to price in a prolonged period of policy stability.Analysts will watch Warsh’s leadership style and his ability to balance political expectations with the Fed’s statutory independence as inflationary pressures evolve.
#Kevin Warsh #Federal Reserve #Jerome Powell
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Entertainment May 22, 2026

Ask Sister Sledge's Kathy Sledge: Your Questions for the Disco Legend

Sister Sledge's Kathy Sledge, the voice behind iconic disco hits like 'We Are Family' and 'Lost in …
The Disco Legend Returns to the SpotlightLost in Music, He's the Greatest Dancer, Thinking of You and We Are Family – many artists would long for just one of these songs at any time in their career, but for Sister Sledge they all appeared on a single side of one of their albums. As she brings these and the rest of the disco group's still-sensational catalogue to the Electric Paradise festival this summer, Kathy Sledge will be joining us to answer your questions.The Rise of Sister SledgeKathy is one of four Sledge sisters along with Debbie, Joni and Kim, who formed the group as children in the mid-1960s, picking up gigs at churches and local events in their home city of Philadelphia as the Sledge Sisters. After flipping the name around, they got a record deal and their first chart success came in the UK in 1973, with the Top 20 hit Mama Never Told Me.The Chic Collaboration That Defined an EraFurther commercial success eluded them for a few years – though that's no reflection on the quality of early disco material such as Pain Reliever – until their label paired them with Chic's Nile Rodgers and Bernard Edwards. Sister Sledge's poise and charisma shone from the aforementioned hits the pair wrote for them, collected on the album We Are Family. The title track reached No 2 in the US and it, along with the others, endure as pinnacles of the disco era.Chart Success Through the DecadesRemixed versions of those songs came back around in 1984 and 1993, each to great success particularly in the UK, though the group's only UK No 1 single was in a very different style in 1985, with the swaying neo-60s pop of Frankie.A Solo Career and Continued PerformancesKathy took the lead vocal on some of their biggest hits, and after Sister Sledge went on hiatus in 1987, she had a solo career interspersed with occasional Sister Sledge reunions, and later – amid some legal wrangles with her sisters – solo tours of Sister Sledge material. Next up she'll perform at Electric Paradise in Milton Keynes, on 8 August, alongside other legends of the era such as Grace Jones, Candi Staton, Kool and the Gang and more.Your Questions for the Disco IconNow 67, Kathy has been in countless nightclubs and recording studios around the world across her multi-decade career, so there's plenty to ask her. Post your questions in the comments below before 6pm GMT on Wednesday, and we'll publish her answers later in the week.
#Sister Sledge #Kathy Sledge #Disco
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Politics May 22, 2026

Russia's Indigenous Crisis: How Jailing of Activist Daria Egereva Exposes Systemic Threats

The jailing of prominent Indigenous rights activist Daria Egereva highlights the growing threats fa…
The Arrest That Sparked International ConcernThe operation began at 9am Moscow time, but took place across all of Russia's 11 time zones. Almost simultaneously, agents of the federal security service (FSB) raided the homes and workplaces of 17 Indigenous rights activists. Officers carried out searches, confiscated laptops and phones, and arrested and interrogated activists about participation in international forums. Most were let go; many have since left the country. Others remain in Russia, but will no longer speak up.Six months later, one remains in jail. Daria Egereva, one of Russia's foremost Indigenous rights activists, is accused of membership of a terror group. No trial date has been set. Her supporters say the charges are fabricated and she has been targeted for speaking out.Egereva was not just any activist. A member of the Selkup indigenous group, from western Siberia, she was a "bright star" of Russia's indigenous rights movement. As a member of the UN's Indigenous Peoples' Coordinating Body, she had international status. Weeks before her arrest, she had played a key role at Cop30 in Brazil as co-chair of the Indigenous People's Forum on Climate Change.Her jailing has shone a spotlight on the plight of Russia's Indigenous people, threatened by authoritarianism, extractivism and climate breakdown.The Climate Crisis in Russia's Arctic"They are really seeing the worst effects of climate change," said Alicia Moncada, director of global advocacy at Cultural Survival, which campaigns for Indigenous rights. "They are on the frontline of the frontline – that's why [Egereva's] advocacy was super important."The polar north is heating faster than any other part of the planet. In recent decades, temperatures in Arctic regions have risen three to four times faster than the global average. Communities based on permafrost are seeing their world collapse around them."The elders are saying that nature has stopped trusting us," said one exiled Indigenous leader, who requested that his name be withheld. "The traditional ways of predicting nature are not working any more."Many settlements sit next to the banks of rivers and lakes. Due to the melting permafrost, those banks are beginning to crumble. "There is a real threat of destruction for a lot of those villages," said the leader, who spoke through an interpreter. And the melting ice has brought a new source of tension: newly accessible critical mineral resources.Resource Extraction and Indigenous Displacement"All these resources of the Russian Federation, a majority of them are located under the lands of Indigenous people: gold, diamonds, oil, gas, coal," the leader said. "For some people it is a treasure, but for us it is a curse."Because the companies are coming to our land for those resources and they are pushing us out. Even if they don't push us out, the environmental situation in those places will become so bad that we are unable to hunt or fish."One of the elders said that we can adapt to anything, but we will not be able to survive without our land."The Government Crackdown on Indigenous ActivismAlthough Indigenous groups maintained their identities, by the end of the Soviet era they lacked independent organisation and relied on the state. Egereva had been part of a new generation of leaders who had encouraged community self-empowerment.But this assertiveness brought them into conflict with the authorities. Even before the war in Ukraine, the Russian state claimed that its enemies were exploiting environmental and indigenous issues. Now, with the war a pretext for a crackdown on civil society, Indigenous people are among those at the sharp end.To date, 830 organisations and 20,813 individuals have been put on the "list of terrorists and extremists", according to the UN. Among them was Aborigen Forum, a network of Indigenous defenders designated an "extremist organisation" in July 2024.Russian authorities have based their charges against Egereva and her co-defendant, Natalia Leongardt, a civil rights activist, on their involvement with Aborigen. Authorities claim it is part of an anti-state "post-Russia free nations forum".International Response and Russian DefenseIn a bail hearing on 29 April, Egereva and Leongardt denied being part of any anti-state conspiracy. "I am not familiar with and do not know this organisation," Egereva told the court. "What we are being accused of is completely untrue ... I ask to be allowed to return home and embrace my children."The court refused to grant them bail, remanding them in custody until at least mid-June. The following day, Russia celebrated a new federal holiday: the "Day of Indigenous Small-Numbered Peoples".The Russian embassy told the Guardian: "The investigation concerning Daria Egereva is an internal Russian legal matter, conducted in full accordance with Russian law. As proceedings are ongoing, we are not in a position to comment on the specifics of the case."Russia firmly rejects any allegations of violations of Indigenous people's rights. Unlike a number of western states – including Britain in its former colonies – Russia has no history of forced assimilation of Indigenous communities. Russian law affords Indigenous peoples special legal protections, guaranteeing their collective and individual rights, cultural identity, and linguistic heritage under the constitution and in line with international norms."Russia is actively engaged in the international climate agenda, taking account of both the challenges and the economic opportunities emerging in its northern regions – including expanded access to the northern sea route and mineral resources in permafrost zones. All such projects are carried out with the aim of supporting regional development, creating jobs and attracting investment, including for the benefit of Indigenous communities in these areas."
#Russia #Indigenous Rights #Daria Egereva
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Art May 22, 2026

Art World Roundup: Churchill's Paintings, Sci-Fi Installations and Valie Export's Legacy

This week's art scene features Winston Churchill's paintings, futuristic installations by Liam Youn…
The Churchill Exhibition: War Leader's Artistic EscapeBritain's eloquent war leader kept himself sane by puffing on cigars, swilling brandy – and painting the world around him. The Wallace Collection in London is hosting "Winston Churchill: The Painter" from 23 May to 29 November, offering a rare glimpse into the artistic side of the historical figure.New Voices in Contemporary ArtThe London art scene is buzzing with new exhibitions featuring contemporary artists:Kira Freije presents hollow metal people at Modern Art Oxford, showing shadows of Berlin Dada in her work. The exhibition runs from 23 May to 16 August.Miriam Elia, known for her witty take on Ladybird books, turns her eye towards Moses in this exhibition for Jewish Cultural Month at JW3, until 30 June.Liam Young offers futuristic but lo-fi worlds you can walk through at the Barbican, until 6 September, with installations finding hope for our planet.Zsuzsi Ujj presents her first UK solo show at Arcadia Missa, from 22 May until 18 July, establishing her presence from Hungary's dissident art and underground music scenes.Remembering Valie ExportThe art world mourns the passing of Austrian feminist artist and film-maker Valie Export, who died this week. Her 1968 performance piece "Tapp und Tastkinema" (Tap and Touch Cinema) is highlighted as typically provocative but playful, giving people the opportunity to interact with and appraise a real female body: her own. Export's fearless approach to challenging beauty standards continues to influence contemporary artists.Notable Art News and DevelopmentsThe week brought several significant stories from the art world:Taiba Akhuetie makes wild creations out of hair – Rihanna and Cate Blanchett are fansWhistler should have used better paint to capture his motherNina Simone's chewing gum is going on show in a new exhibition celebrating the superfanChristo made the invisible visibleGrayson Perry's life story is to be made into a musicalFlorentina Holzinger rocked this year's Venice Biennale with naked jetskiers, human bells and urine diversGen Z can't get enough of the king of colour, Mark RothkoSanya Kantarovsky's paintings of Christian iconography and children will haunt youMasterpiece of the Week: The Judgement of ParisJoachim Wtewael's "The Judgement of Paris" (1615) stands as this week's masterpiece. The painting depicts the moment when Trojan prince Paris foolishly rates the beauty of Minerva, Venus, and Juno, giving the prize to Venus in return for her helping him seduce Helen. This decision sparked the Trojan War, with the Greeks supported by the furious Juno. Wtewael's mannerist style, with its bony, angular forms and deliberate distortions, creates an overabundance that presages doom, reflecting the war-torn Europe of the 1600s. The painting is on display at the National Gallery in London.
#Winston Churchill #Valie Export #Liam Young
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Politics May 22, 2026

US Arms Sales to Taiwan Paused Amid Iran Conflict, Says Acting Navy Chief

Acting Navy Secretary Hung Cao told a Senate hearing that US arms sales to Taiwan are on hold to pr…
The Pause on Taiwan Arms Sales Linked to Iran ConflictThe United States has temporarily halted foreign military sales to Taiwan to ensure sufficient ammunition for its operations in the Iran war, according to acting Navy secretary Hung Cao during a congressional hearing on Thursday, 22 May 2026. The decision adds a new layer of uncertainty to an already strained US‑Taiwan relationship.Details of the Congressional Hearing and Official StatementsDuring the hearing, Hung Cao was asked about a pending $14 bn (£10.4 bn) weapons package awaiting President Donald Trump's signature. He responded:“Right now we’re doing a pause in order to make sure we have the munitions we need for Epic Fury – which we have plenty.”He added that sales would resume when the administration deems it necessary. Senator Mitch McConnell queried whether the sales would eventually be approved; Cao indicated that the decision rests with Secretary of State Marco Rubio and Pentagon chief Pete Hegseth. Taiwan’s presidential office spokesperson Karen Kuo later said Taipei had received no indication of a permanent adjustment.Financial Scope of the Deferred $14 bn Weapons PackageValue: $14 bn (£10.4 bn) – the largest pending sale for Taiwan this year.Components: Advanced missile systems, air‑defence radars, and naval combat kits (exact inventory not disclosed).Stockpile pressure: US missile reserves have reportedly declined sharply since the Iran war began on 28 February 2026, prompting the “pause” rationale.Strategic Implications for US‑Taiwan Relations and Regional SecurityThe pause comes at a delicate moment:Taiwan’s security: Under the Taiwan Relations Act, the US is obligated to provide sufficient defensive equipment.Beijing’s reaction: China repeatedly condemns US arms sales to the island and warned that mishandling the Taiwan issue could lead to “collision or even conflict” with the United States.Trump’s diplomatic posture: The President has framed the weapons packages as a “negotiating chip” in his recent talks with Chinese President Xi Jinping, suggesting a possible shift in long‑standing policy.These dynamics could reshape the strategic calculus for all three parties, especially if the Iran conflict drags on.Outlook: When Might the Sales Resume?Analysts anticipate that the sales could restart under several conditions:A de‑escalation or cease‑fire in the Iran war that frees up US munitions.Clear political signaling from the Biden administration (or successor) that Taiwan remains a priority.Domestic pressure from Congress and defense contractors to honor the $14 bn commitment.Until those thresholds are met, Taiwan may need to seek alternative sources or interim defensive measures, while Beijing will likely continue to leverage the pause in its diplomatic outreach.
#United States #Taiwan #Iran war
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World Wide May 22, 2026

Deadliest Day in Years: Gang Violence Kills 25 in Honduras

Gunmen killed at least 25 people, including six police officers, in attacks across Honduras in one …
The Deadliest Day in Recent Honduran HistoryGunmen have killed at least 25 people, including six police officers, in attacks across Honduras. The attacks marked Thursday as one of the most violent days the country has seen in recent years. They came despite ongoing efforts by the government to rein in organised crime and violence.Details of the Coordinated AttacksNineteen people were killed as gunmen raided a palm plantation in the municipality of Trujillo in the north of the country. A leader of one rural group told the AFP news agency that those killed were employees of an armed group controlling a plantation. However, local media indicated that armed suspects had fired indiscriminately on labourers. They reported that the oldest victim was 61.Meanwhile, in the west near the Guatemalan border, six police officers were killed in another shooting in the municipality of Omoa. Police report that the officers had travelled to the area as part of an operation to quash gang activity. However, they were ambushed.After the two attacks, the National Police issued a statement, saying it "will proceed immediately with a direct intervention in the affected areas." "The state will act firmly to capture those responsible, protect vulnerable communities and guarantee comprehensive justice for all affected victims," it added.The Human Cost of ViolencePhotos showed bodies, some wearing thick rubber boots for work, strewn on the ground outside the plantation in Trujillo. The attacks represent a significant loss of life in a single day, highlighting the extreme danger faced by ordinary citizens and security forces alike in Honduras.The National Police has vowed to respond forcefully to the attacks, but the scale of violence suggests that the security situation in Honduras remains precarious despite government efforts to address the problem.Honduras' Ongoing Security CrisisHonduras is struggling to crack down on gang violence. Until January, many parts of the country were under a state of emergency launched in 2022. That emergency decree ended, however, with the inauguration of right-wing President Nasry "Tito" Asfura, a close ally of United States President Donald Trump, who has prioritised a hardline approach to security in Latin America.The attacks will, therefore, raise concerns over security, but also civil liberties. Laws passed earlier this week will allow authorities to designate gangs and drug cartels as terrorist groups. A new anti-organised crime unit has also been created.Root Causes: Land Conflict and Organized CrimeThe Trujillo shooting occurred near the Aguan River Valley, where armed groups, involved in narcotrafficking and palm oil extraction, have been fighting over land for decades. Trujillo police chief Carlos Rojas told local media that the groups occupy and illegally exploit several large African palm plantations, using money from the crops to obtain weapons.Local farmer groups, however, accuse transnational agribusiness corporations of sponsoring the criminal groups to carry out land occupations and prevent residents from reclaiming disputed lands. According to Reuters, more than 150 people in the area have been killed or disappeared, with environmental and land rights activists a particular target.Honduras is one of the most dangerous countries in the world for such activists. Earlier this month, police arrested several individuals, including a mayor, for plotting the assassination of a prominent environmental campaigner in 2024.Future Outlook for Security in HondurasThe recent surge in violence suggests that Honduras' security challenges are far from resolved despite the new administration's hardline stance. The combination of organized crime, land disputes, and narcotrafficking creates a complex security environment that cannot be addressed through law enforcement measures alone.International attention and cooperation, particularly with the United States, may play a crucial role in addressing the root causes of violence. However, the immediate priority for the Honduran government will be to demonstrate its ability to protect citizens and restore a sense of security in the affected regions.
#Honduras #Gang Violence #Nasry Asfura
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Entertainment May 22, 2026

Revolution Days Review – A Fearless Aid Worker’s Lens on the Arab Spring

The Guardian reviews *Revolution Days*, a stage drama that channels the trauma of the Arab Spring t…
Opening the Curtain on Revolution Days Guardian’s latest theatre review spotlights Revolution Days, a production that channels the trauma of the Arab Spring through the eyes of a young aid worker, Samira. The piece arrives as global attention drifts toward the Iran‑Ukraine‑Gaza crises, reminding audiences of the 2011‑2012 revolutionary wave. From UN Relief to Stage: Mariem Omari’s Narrative Journey The play is the brainchild of Mariem Omari, a former UN relief observer who documented the uprisings for Médecins du Monde. Drawing on her field experience in Jordan, Tunisia, the West Bank and Iraq, Omari crafts a script that blends reportage with theatrical immediacy. Lead role of Samira performed by Olivia Hemmati Directed by Shilpa T‑Hyland Produced by Citizens Theatre in Glasgow and Bijli Productions Run dates: until 23 May 2026 in Glasgow; touring until 20 June 2026 Box‑Office and Touring Numbers: What the Figures Reveal While exact ticket sales are undisclosed, the limited‑run schedule and immediate touring suggest a strategic push to capture both local and regional audiences before the summer theatre calendar peaks. Humanitarian Drama Meets Contemporary Theatre Beyond political spectacle, the production foregrounds secondary traumatic stress, portraying Samira’s mental‑health decline as a mirror to the broader humanitarian fallout of civil unrest. Projected photographs of the 2011 uprisings reinforce the visceral connection between on‑stage narrative and historic reality. Future of Political Theatre in a War‑Torn Media Landscape As global conflicts dominate headlines, productions like Revolution Days may signal a resurgence of politically charged theatre that educates while it entertains. The play’s touring plan hints at a model where regional venues become hubs for socially relevant storytelling, potentially influencing funding bodies to prioritize such works.
#Revolution Days #Mariem Omari #Olivia Hemmati
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Entertainment May 22, 2026

Doja Cat’s Manchester Show: Pop Icon Meets Avant‑Garde Freak

Doja Cat’s performance at Co‑Op Live in Manchester fused glitter‑laden pop‑rap with gritty rock the…
Concert Overview: Doja Cat’s Manchester ShowThe Guardian’s review captures a night where Doja Cat turned a 20‑metre train‑laden prelude into a statement of artistic freedom, delivering a set that spanned her early pop‑rap roots and the darker tones of Scarlet. The performance, held on 23 May 2026 at Co‑Op Live, positioned her as both a commanding bandleader and a self‑styled “true freak”.Stagecraft and Setlist: A Fusion of Pop and RockDoja arrived in a purple‑clad ensemble, complete with pasties, a high‑waisted bodysuit, and zebra‑print microphone, evoking a “scene‑kid Prince” aesthetic. Backed by a ten‑person band, she navigated a setlist that wove together tracks from Vie, 2021’s Planet Her, and the 2023 album Scarlet. Highlights included a muscular live rendition of “Make It Up”, the swagger of “Ain’t Shit”, and a metal‑infused take on “Tia Tamera”.Audience Metrics and Ticket DemandThe review does not disclose specific ticket sales or revenue figures, but notes that the venue’s capacity was filled and the audience responded enthusiastically to the eclectic showmanship. No concrete financial data were provided in the source article.What the Performance Signals for Pop‑Rap’s EvolutionDoja’s seamless shift between polished pop and raw rock challenges the conventional separation of genre‑specific tours.The theatricality—long train, shoulder‑pad hover, and acrobatic floor work—suggests a growing appetite for immersive, narrative‑driven concerts in mainstream pop.By integrating “freak” elements without sacrificing mainstream appeal, she sets a template for artists seeking authenticity alongside commercial viability.Looking Ahead: Doja Cat’s Tour and Future DirectionsFollowing Manchester, the artist will continue touring the UK until 29 May 2026. The review implies that future shows will likely maintain the dual‑mode approach, further blurring the line between pop spectacle and avant‑garde performance, and potentially influencing peers to adopt similarly bold stage concepts.
#Doja Cat #The Guardian #Vie album
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Entertainment May 22, 2026

Jinkx Monsoon’s Judy Garland Triumphs in “End of the Rainbow”

Jinkx Monsoon delivers a dazzling, emotionally layered portrayal of Judy Garland in the revival of …
The Lead: A Bold Re‑imagining of Garland’s Final YearsThe Guardian’s review opens by noting that Drag Race star Jinkx Monsoon brings her celebrated Judy Garland impersonation to a new narrative context—a love triangle set in 1960s London. The revival of Peter Quilter’s 2005 play shifts focus from Garland’s early exploitation to her later struggles with addiction and a fraught personal life.The Production’s Narrative Twist: Love, Addiction, and Queer IconographyMonsoon’s Garland is caught between steadfast pianist Anthony (Adam Filipe) and opportunistic suitor Mickey (Jacob Dudman).The script juxtaposes private hotel scenes with public performances at Talk of the Town, highlighting the clash between fame and personal decay.Queer themes surface through Anthony’s admiration and Mickey’s homophobic contempt, underscoring Garland’s status as a queer icon.Musical Direction and Visual Design: Orchestrating EmotionMusic direction by Nick Barstow and arrangements by Leo Munby anchor the drama, with Garland’s torch songs—"Just in Time" and "You Made Me Love You"—serving as emotional pivots.Designer Jasmine Swan creates a stark white‑curtain stage, while lighting designer Prema Mehta introduces a Technicolor‑inspired transition that mirrors Garland’s cinematic legacy.Critical Reception: Performance Nuances and Structural FlawsMonsoon’s vocal performance is praised for its dynamic range, capturing both triumph and fragility.The review notes repetitive hotel scenes that, while authentic to addiction’s grind, can feel grindingly static.Supporting characters are deemed functional, serving more as narrative devices than fully fleshed personalities.Future Outlook: Potential for a One‑Woman ShowcaseThe critic suggests that Monsoon’s talent hints at a possible solo rendition of Garland’s story, which could amplify the intimate connection she already establishes with the audience. The show runs at Soho Theatre Walthamstow until 21 June, offering theatre‑goers a chance to experience this layered homage before any further developments.
#Jinkx Monsoon #Judy Garland #End of the Rainbow
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