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The Ongoing Conflict Israel has continued to launch attacks on southern Lebanon despite the two countries striking a new United States-brokered ceasefire agreement. At least five people were killed as Israeli warplanes and drones struck several towns on Friday, Lebanon’s state-run National News Agency (NNA) reported. The Israeli military also issued new forced displacement orders. The Attacks and Casualties The strikes hit residential areas, buildings and roads, while a major demolition was carried out in Bab al-Thaniya. Israeli warplanes also hit close to Jabel Amel Hospital, targeting the Bank Audi area. Two people were killed in Habboush, including a doctor. In Doueir, a young man was killed and another suffered serious injuries due to an attack by an Israeli warplane. A strike in the village of Qalawiya Tower killed one person and wounded another, while a drone killed a man sitting in a car in Kfar Reman. The Ceasefire Agreement The attacks followed closely on news that Israel and Lebanon had agreed to a new US-brokered ceasefire. The deal was announced by the Trump administration on Thursday, just weeks after a previous agreement to cease hostilities was announced on April 16. The Impact on Lebanon In the interval, however, more than 600 people were killed in Israeli strikes across Lebanon, while the Israeli military expanded its presence in the south of the country. It now occupies about one-fifth of Lebanese territory. The chance that the new deal will halt the hostilities appears highly unlikely, with the continued exchange of fire between Hezbollah and Israel appearing to bear out the pessimism. The Rejection of the Deal Hezbollah leader Naim Qassem was swift to reject the deal, as he had the agreement in April, dubbing it a “surrender and defeat”. The Iran-linked armed group said it had launched at least eight attacks against Israeli military positions in southern Lebanon between early Friday morning and Friday afternoon. The Diplomatic Efforts Andrea Dessi, assistant professor at the American University of Rome, told Al Jazeera that any agreement that excludes Hezbollah is destined to fail. “Any deal that excludes or completely ignores the prerogatives of key actors on the ground, primarily Hezbollah, but of course also Iran behind Hezbollah, is unfortunately destined to fail,” Dessi told Al Jazeera. He said diplomacy, nonetheless, remains the only viable path. “There is no military solution to all of these issues, including Lebanon, and therefore talks will continue.”

The £24m Gamble at EpsomTwenty months after embarking on a remarkable £24m spending spree on yearlings at Tattersalls' Book 1 sale in Newmarket, football "super-agent" Kia Joorabchian stands at the threshold of potentially the biggest payoff of his career. As the 247th running of the Epsom Derby approaches, Joorabchian will watch two of his high-profile acquisitions, Poker and Ancient Egypt, compete in the premier Classic, with the outcome potentially reshaping his position in the elite world of international horse racing.The Bloodstock Investment BreakdownThe contrasting stories of Joorabchian's two Derby hopefuls illustrate the uncertainties and potential rewards of high-end bloodstock investment. Poker, the most expensive yearling colt ever sold at public auction in Europe, cost 4.3m gns (£4.5m) but has yet to win even a novice event in three attempts, starting as a 200-1 outsider to become the first maiden to win the Derby since 1887.In stark contrast, Ancient Egypt was purchased for 1.1m gns (£1.2m) – approximately a quarter of Poker's price tag – and has already established himself as a serious contender with three wins from four starts. The son of Frankel, out of a full-sister to a Group One-winning mare, represents Joorabchian's more calculated investment, with the Derby being the primary target when the colt was acquired.The Financial Calculus of Racing RoyaltyWhile the total purse for this year's Derby stands at £2m, with approximately half going to the winner's connections, the financial considerations extend far beyond prize money. For Joorabchian, the £24m investment represents an ambitious entry into the exclusive world of international Flat racing, an arena traditionally dominated by individuals with sovereign wealth from Dubai, Qatar, and Saudi Arabia.The true value lies in establishing a virtuous loop between racing success and breeding potential. A Derby-winning son of Frankel would represent an elite stallion prospect, potentially worth many times the original investment through future breeding rights. This strategic approach mirrors the model employed by John Magnier's Coolmore Stud operation, which has dominated European racing for decades.Challenging Establishment in Horse RacingJoorabchian's venture represents a significant shift in the ownership landscape of elite horse racing. For decades, the sport's premier events have been dominated by homebred horses from established operations like Godolphin, Coolmore, and the Aga Khan, as evidenced by last year's Derby where the first nine finishers included multiple homebred champions.Charlie Johnston, Ancient Egypt's trainer, acknowledges the unique position of his high-profile charge: "You try and tell yourself that from the moment they walk through the door, they all get treated the same regardless of price tag or pedigree, but let's say that, as George Orwell would say, all animals are equal but some are more equal than others." The pressure to deliver on such a significant investment is immense, yet Johnston remains focused on the task at hand.The Road to Racing LegacyShould Ancient Egypt triumph at Epsom, it would mark not only a remarkable return on Joorabchian's investment but also a historic achievement for Johnston. The Yorkshire-based trainer would become the first to saddle a Derby winner since 1869, continuing a family legacy built by his record-breaking father, Mark."There would have been time [for another run before the Derby] but I just felt he'd done enough to book his ticket for Epsom," Johnston explains of his decision to bypass additional prep races. With Ancient Egypt's proven pedigree, including connections to six-time Group One-winner Midday, and a developing race record that could complement his breeding potential, the stage is set for what could be a transformative day for both horse and owner in the world of elite horse racing.

May Job Gains Outpace Forecasts Amid Inflation ConcernsThe Labor Department reported that 172,000 jobs were added in May, while the unemployment rate held steady at 4.3%. Economists had expected roughly 80,000 new positions, making the actual figure more than double the projection.Numbers Reveal Strong Hiring and Revised FiguresMay: 172,000 jobs added (vs. 80,000 forecast)March and April revisions: +29,000 and +64,000 jobs respectively, a total upward adjustment of 93,000Private‑sector hiring: 122,000 jobs (ADP data)April job openings: 7.6 millionADP’s chief economist Dr. Nela Richardson noted the hiring was “more broad‑based” than in recent years, with most industries participating except information and natural resources.Implications for Federal Reserve Policy and Economic OutlookThe report is the first jobs release under new Fed Chair Kevin Warsh, appointed by President Trump. A robust labor market reduces the urgency for rate cuts, yet the Fed faces pressure to balance inflation, which remains elevated, against growth.U.S. Treasury Secretary Scott Bessent signaled confidence in Chair Warsh’s willingness to “balance inflation and growth.” However, Fed voting members have historically been reluctant to lower rates; only one member supported a cut at the April meeting.What the Labor Market May Look Like Through SummerAnalysts expect the Fed to keep rates unchanged at the June 16‑17 meeting, but political pressure for cuts persists. If hiring momentum continues, the Fed could maintain a tighter stance longer, potentially moderating inflation without triggering a recession.

The French Open Semi-Final ShowdownThe French Open 2026 has reached its dramatic semi-final stage with a fascinating matchup between Alexander Zverev and Jakub Mensik. With the absence of tournament favorites Jannik Sinner and Carlos Alcaraz, Zverev sees this as his best opportunity to finally break through and claim his first grand slam title, ending his reputation as the best male player without a major championship.Zverev's Path to the Semi-FinalsThe 2024 runner-up has navigated his way to his 11th grand slam semi-final with remarkable efficiency, dropping only one set en route. Zverev has been playing with the freedom of a man who knows he doesn't have to face his usual tormentors, Sinner and Alcaraz, who both exited the tournament early. This has allowed him to approach the semi-finals with less pressure than expected, though he'll need to overcome his past grand slam scars when facing the talented Czech.The Rising Star: Jakub Mensik's Remarkable JourneyAt just 20 years old, Jakub Mensik has emerged as one of the stories of the tournament. The Czech player with the huge serve has proven his metropolis by defeating notable players including Alex de Minaur and Andrey Rublev. His most impressive performance came in the quarter-finals where he brilliantly neutralized the nuclear forehand of fellow rising star Joao Fonseca. While raw and unproven at this stage of a slam, Mensik represents Zverev's biggest challenge to date.Italian Tennis History in the MakingThis French Open has witnessed a historic development with three Italian players reaching the semi-finals for the first time in a major tournament. Flavio Cobolli and Matteo Arnaldi join Mensik in the last four, creating the first ever all-Italian men's semi-final at a grand slam. Arnaldi has set records by spending the most time on court in grand slam history to reach the last four, while Cobolli has been channelling his inner Rafa, even using the 14-time champion's favorite shower cubicle after every match in a superstitious nod to success.Championship Outlook and Future ImplicationsWith Sinner long gone from his home slam, this wildest and weirdest of French Opens could yet end with an Italian champion. The semi-finals feature a fascinating contrast between experience (Zverev) and youth (Mensik), along with the historic Italian matchup. Should Zverev overcome Mensik, he would face either Cobolli or Arnaldi, potentially becoming the first German French Open champion since Boris Becker in 1986. Regardless of the outcome, this tournament has reshaped the men's tennis landscape, proving that the duopoly of Sinner and Alcaraz is far from unbreakable.

The Historic North American World CupWith less than a week to go until the FIFA World Cup 2026 begins, football's most prestigious tournament is set to make history. The monthlong spectacle will be the longest and biggest edition in the tournament's 96-year history, featuring 48 teams competing across 104 matches in 39 days.The First Three-Nation TournamentAll men's World Cup editions between 1930 and 2022 were held in a single host nation, with the exception of 2002 when Japan and South Korea cohosted. This year marks the first time a FIFA World Cup – men's or women's – will be played across three countries: the United States, Mexico and Canada. Sixteen stadiums in 16 cities across North America will host matches, with the 2030 World Cup also spanning three nations: Spain, Portugal and Morocco.Expanded Format and CompetitionThe upcoming World Cup will be the most diverse edition so far, featuring 48 teams. Among those, nations from UEFA (Europe) had the most direct slots (16), followed by CAF (Africa) with nine and AFC (Asia) with eight. More teams mean more matches, and thus the addition of an extra phase. For the first time in World Cup history, teams that make it past the group stage will begin the knockouts with a round of 32 clash. The World Cup winners will have to go through eight games en route to title victory – one more than the seven games Argentina won to lift the World Cup in Qatar four years ago.North American Spectacle: NFL-Style Half-Time ShowThis year's World Cup has a distinctly North American touch. For the first time in history, a football World Cup final will feature a half-time show inspired by the NFL's Super Bowl. Expect fireworks to light up the New York skyline when a pop party kicks off during the July 19 final at MetLife Stadium. K-pop supergroup BTS, Madonna, and Colombian star Shakira will co-headline the programme, while British rock band Coldplay's lead singer Chris Martin will curate the 11-minute half-time show.Design Revolution: The Beautiful KitsThe hype around the World Cup this year first started when the teams' kits dropped in late March. Jerseys by sportswear giant Adidas emerged as the people's favourite, featuring beautiful designs: from the concentric ribbed pattern spreading across Japan's bright blue home kit to the lemon yellow away shirt of Curacao, inspired by the colourful buildings found in the island's capital, Willemstad. Other notable designs include Argentina's black and blue away kit featuring Fileteado folk art style, France's dark blue home kit with a pristine white collar, and South Africa's lush gold and forest green away kit adorned with vertical stripes made up of triangular hand-drawn tile patterns.Fan Experience Evolution: New Pre-Game CeremonyFIFA has announced a new pre-game ceremony that will take place before every World Cup match. All players in the matchday squad – not just the starting 11 – will line up around the centre circle before the national anthems are played. The ceremony, which FIFA said "transforms the stadium into a shared stage", will include extra-large country flag banners and will see players enter the pitch through a dedicated arch closest to the tunnel. This innovation aims to provide "each [fan] with a distinct and engaging perspective, with extra-large country flag banners and on-pitch elements carefully positioned to involve the crowd in an authentic and meaningful way."

The LeadA former chair of an influential parliamentary committee has expressed shock that the public spending watchdog has not established how much money Prince Andrew made from subletting properties on his Windsor estate.Transparency Concerns Over Royal FinancesMargaret Hodge, who led the public accounts committee, told BBC Radio 4's Today programme she was "very concerned" that the National Audit Office (NAO) was not able to find out how much money the former prince had made from letting properties. She also raised concerns that a report by the NAO did not cover all of the crown estate properties.Financial Arrangements at Windsor EstateHodge made her comments after the NAO revealed Prince Andrew received private income from subletting three cottages on his Windsor Royal Lodge estate while paying a "peppercorn rent" to the crown estate. The Labour peer emphasized that "we all want a royal family to be continued to be respected, valued and treasured" but "in a modern era that does require proper transparency and accountability."Questions About Non-Working RoyalsHodge raised concerns about other royals including Princess Beatrice and Eugenie and Prince Michael of Kent and his wife, who were "subsidised in the way that they were living on the estate, they weren't paying rent, and yet they're not working royals." She questioned whether it was appropriate for non-working royals to be subsidised by taxpayers from a fund that belongs to the taxpayer.The Crown Estate's PositionThe crown estate is "our money, it's taxpayers' money, it's not theirs," Hodge stated, adding that "whoever runs that has to always ensure the taxpayers' interest." The review also shows that King Charles pays an "adjusted" rent from his private Duchy of Lancaster income, below open market value, for his disgraced brother's non-working royal daughters to live in royal palaces.Prince and Princess of Wales Property DetailsMeanwhile, the Prince and Princess of Wales's Forest Lodge home in Windsor underwent £400,000 repairs carried out by the crown estate before the couple moved in with their three young children last year. William and Catherine took out a 20-year lease on the Grade II-listed Georgian house and pay £307,200 rent a year, reviewed every five years. They paid no upfront premium and are responsible for internal refurbishments and alterations.Official ResponsesA spokesperson for the crown estate stated that "the crown estate welcomes the National Audit Office's review, which confirms its leases with members of the royal family were agreed in line with independent, professional advice and open market valuations." Buckingham Palace also responded, saying they were "grateful to the National Audit Office for this report, which is in line with the royal household's commitment to transparency."

The Takeover Deal Evoke, the owner of William Hill and the 888 online casino brand, has agreed a £243m takeover by the Greek casino and lottery operator Bally's Intralot. The Background of the Deal Evoke has been locked in talks with the Athens-listed Bally's Intralot, which has extensive international operations including in the US, for the past two months. The deal comes four years after Evoke, previously known as 888 Holdings, paid £2.2bn to buy William Hill's network of 1,400 high street bookmakers. The Impact of UK Gaming Tax Changes The companies said the government's announcement in November of a significant increase in remote gaming duty, from 21% to 40%, triggered a “material shift in the UK operating environment” that will “create meaningful dislocation across the competitive landscape”. Evoke's shares have fallen by 90% since the William Hill acquisition. Market Reaction and Future Outlook Shares in London-listed Evoke soared by more than 12.5% in early trading as investors welcomed the takeover deal. Evoke has net debt of about £1.8bn and a market value of just over £180m. The Evoke chief executive, Per Widerström, has previously said that the changes in gambling tax would cost the business up to £135m a year. Mark Summerfield, the chair of Evoke, said the deal represented “the most attractive and deliverable outcome for Evoke shareholders”. The Future of Evoke and Bally's Intralot Soo Kim, the chair of Bally's, said that Intralot was confident the deal would “deliver substantial benefits for both Intralot and Evoke shareholders”. Intralot provides technology for 12 state lotteries in the US and has operations in Europe, South America, north Africa, south-east Asia, Australia and New Zealand.

The Tragic Death of James Handy Veteran actor James Handy has died at his home in Los Angeles after a fatal stabbing, allegedly by his girlfriend's son. Details of the Incident The 81-year-old actor was found in the front yard of his home in Tarzana, California, at 9:30 am on Wednesday, according to the Los Angeles police department. He was unconscious and had multiple stab wounds to the chest. The actor's girlfriend's son, Michael Gledhill, 44, has been arrested and charged on suspicion of murder, with bail set at $2m. According to the police statement, a 911 caller said: 'I am the son of man, I just killed the man of sin.' When police arrived at the scene, Gledhill told officers he was 'the one they were looking for'. James Handy's Career Handy, who is known for character roles in Jumanji, Top Gun: Maverick, and Logan, was born in New York City. His career began in 1977 on the television series Ryan's Hope. He is also credited for roles in Logan, K-911, Law & Order, NCIS: Los Angeles, and Criminal Minds. His most recent film was Top Gun: Maverick in 2022.

Lead: Prices Decline as Geopolitical Tensions Hit AffordabilityUK house prices fell unexpectedly in May, marking the third straight monthly decline. The dip reflects higher mortgage costs driven by the war in Iran, which is stretching buyer budgets and dampening demand.War‑Driven Mortgage Pressure Triggers Third Consecutive Monthly DropAmanda Bryden, head of mortgages at Halifax, said property trends continue to mirror uncertainty from Middle‑East developments. Even after recent mortgage‑rate cuts, inflation expectations keep borrowing costs above early‑year levels, limiting affordability.Data Snapshot: Price, Rate and Inflation FiguresAverage UK home price: £298,806 in May (‑0.1% vs. April).Annual price growth: 0.5% (up from 0.4% in April, below the 1% forecast).Two‑year fixed mortgage rate: 5.66% (up from 4.83% in early March).Five‑year fixed mortgage rate: 5.62% (up from 4.95%).UK inflation (April): 2.8%, the lowest in over a year.Energy‑price‑cap increase expected in July: 13% to £1,850 per year.Impact: A Buyers’ Market Tempered by First‑Time Buyer CautionOnTheMarket president Jason Tebb described the current environment as “the strongest buyers’ market we have seen in many years,” with ample stock and steadier prices. However, Halifax notes that activity among first‑time buyers is “more subdued,” suggesting lingering affordability concerns.Economists warn that the upcoming rise in the household energy price cap could push inflation higher, potentially prompting further mortgage‑rate adjustments.Outlook: Prices Likely to Hold Steady but Vulnerable to Cost PressuresHalifax expects house prices to remain “broadly stable” in the near term, provided mortgage rates do not climb sharply. Yet, the combination of higher energy costs, possible inflation upticks, and persistent geopolitical uncertainty means the market could face renewed downward pressure later in the year.