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The Trump‑Xi Beijing Summit on Hormuz Amid Iran’s WarDuring a high‑profile meeting in Beijing on May 15, 2026, President Donald Trump and President Xi Jinping discussed the strategic importance of the Strait of Hormuz. The White House reported that Xi agreed the waterway “must remain open to support the free flow of energy,” a statement aimed at tempering market anxiety as the Iran‑Israel‑US conflict drags on.Trump emphasized that China would help keep Hormuz open but pledged not to supply military equipment to Iran.Xi reiterated China’s interest in stable energy routes, positioning Beijing as a neutral facilitator.Numbers Shaping the Conflict: Ship Transits and Market RipplesIranian media disclosed that more than 30 ships, including vessels linked to Chinese firms, were permitted to pass through Hormuz overnight, signalling Tehran’s willingness to showcase a “open to all commercial ships” policy.30+ ships transited Hormuz, a notable increase amid heightened tensions.Global energy markets reacted with modest volatility, reflecting investor concern over supply security.Geopolitical Shockwaves: BRICS Alignment and Regional TensionsAt a BRICS+ summit in New Delhi, Iran’s Foreign Minister Abbas Araghchi called on member states to condemn the US‑Israel war, accusing the United Arab Emirates of direct involvement in aggression against Iran. Simultaneously, third‑round talks between Lebanese and Israeli negotiators continued in Washington, while Israel prepared a lawsuit against the New York Times over a controversial article.Iran urged BRICS to oppose “Western hegemony.”UAE was accused of active participation in the war.Lebanon‑Israel ceasefire talks remain fragile, with security guarantees and Hezbollah disarmament at stake.What Comes Next: Scenarios for Hormuz, BRICS, and the Iran WarAnalysts see three likely trajectories:Optimistic path: Continued China‑US cooperation keeps Hormuz open, BRICS adopts a neutral stance, and diplomatic pressure forces a ceasefire within weeks.Stalemate path: Hormuz remains technically open but faces intermittent closures, BRICS stays divided, and the conflict drags on, further destabilising energy markets.Escalation path: Any breach of Hormuz triggers a broader naval confrontation, drawing additional powers into the war and prompting severe economic fallout.Monitoring ship traffic, BRICS statements, and the outcome of the Washington‑based Lebanon‑Israel talks will be critical to gauge which scenario unfolds.

Christopher Harborne has entered the top ten of the Sunday Times Rich List, ranking sixth with an estimated fortune of £18.177bn. The latest list, published on 15 May 2026, records a modest 1.4% increase in the total wealth of the UK’s 350 richest individuals and families, now standing at £784bn. At the same time, the number of UK billionaires edged up by one to 157, even as many foreign‑born billionaires have left the country. The Rich List reveals a £784bn fortune pool and a modest rise in billionaire count The Sunday Times Rich List, compiled by Robert Watts, highlights two contrasting trends: a slight growth in overall wealth and a “tale of two exoduses” – one‑sixth of the previous list’s entrants are gone, and a wave of foreign billionaires have relocated abroad. Numbers that matter: Harborne’s £18.2bn stake and the broader wealth distribution Sanjay and Dheeraj Hinduja and family: £38bn David and Simon Reuben and family: £27.971bn Sir Leonard Blavatnik: £26.852bn Idan Ofer: £24.481bn Guy, George, Alannah and Galen Weston and family: £18.939bn Christopher Harborne: £18.177bn Nik Storonsky: £16.411bn Alex Gerko: £16.006bn Sir Jim Ratcliffe: £15.194bn Igor and Dmitry Bukhman: £14.26bn Harborne’s wealth is anchored by a 12% stake in Tether, valued at roughly £17.7bn, and a 14.2% holding in QinetiQ worth £357m. Additional assets include IFX Payments and Eclipse Aerospace. Why the exodus of foreign billionaires matters for UK fiscal policy Watts warns that the departure of foreign‑born billionaires – many moving to Dubai, Switzerland or Monaco – could shrink the domestic tax base. Their assets remain on the Rich List, but the shift reduces the likelihood of UK tax authorities extracting significant revenue, especially as many of their holdings sit in jurisdictions with lighter reporting requirements. What the next Rich List could signal for wealth taxes and offshore assets If the trend of offshore relocation continues, policymakers may face pressure to broaden wealth‑tax proposals or tighten anti‑avoidance rules. Conversely, the modest rise in total wealth suggests that, despite geopolitical shifts, the UK’s high‑net‑worth cohort remains resilient, potentially prompting a focus on transparency rather than outright taxation.

The LeadRenowned actress Linda Bassett reflects on her distinguished career spanning decades of theatre work, her celebrated collaboration with playwright Caryl Churchill, and her upcoming role in Alexander Zeldin's "Care" at the Young Vic. Known for her understated yet powerful performances, Bassett shares insights into her approach to acting and the profound impact of theatre on her life.The Career JourneyBassett's path to acting wasn't conventional. Despite coming from a non-theatrical family, she discovered her passion at age four when she was unexpectedly thrust into a Sunday school Easter play. "I was in bliss," she recalls. Her formative years included ushering at the Old Vic during Laurence Olivier's legendary tenure, where she witnessed groundbreaking performances and even sold ice creams during intermissions.After briefly studying English at Leeds University, where she focused on drama rather than academics, Bassett began creating devised work in Leeds and Coventry. This experience, she suggests, "made me a bit gobby," developing her confidence to make suggestions as an actor, though she admits she sometimes oversteps when working with certain playwrights.The Churchill ConnectionBassett's most significant artistic relationship has been with playwright Caryl Churchill, beginning with "Fen" in 1983 and continuing through to "What If If Only" in 2021. She describes auditioning for Churchill as "enormous" because it launched her on a particular trajectory. Her disconcerting clarity has made her a peerless interpreter of Churchill's work, which some audiences find forbidding."They're not hard to watch," Bassett protests of Churchill's plays. She recalls her iconic monologue in "Escaped Alone" where the phrase "terrible rage" is repeated 25 times in succession. "It was the only thing to say at that point. The words fed the feeling, and it was the audience who felt it, not me, which is ideal." Churchill's writing, she notes, is "so distilled, no excess baggage," requiring actors to find "the one way" to play them.From Call the Midwife to CareDespite notable film roles including "East Is East" and "Calendar Girls," many audiences know Bassett as stern nurse Phyllis in the BBC's "Call the Midwife." "Complete strangers come up and say, I love you. My wife loves you, my mother loves you. It's extraordinary," she remarks of the public's connection to the character. Despite playing Phyllis for over a decade, she found fresh aspects to explore, learning "how to be" more matter-of-fact and practical than her natural disposition.Currently rehearsing Alexander Zeldin's "Care" at the Young Vic, Bassett plays Joan, a woman who after caring for her family begins showing signs of dementia and needs care herself. "She's convinced, as many people are, that she's just in for respite. She never loses the idea that she's going home," Bassett explains. The role draws from personal experience; after a heart attack, she spent two weeks recuperating in a care home, giving her "an insight into what it's like when you become helpless."The Actor's Philosophy"Every part is an education," Bassett states. "That's the glory of being an actor. You learn about human feelings and frailty and rottenness. The writer puts their soul on the page, and you inhabit that. I've always felt I was a writer's actor." This philosophy has guided her selective approach to roles, resulting in a "remarkably free of crap" CV despite turning down numerous opportunities.Though she hasn't performed as many classics as she might have hoped—"I think I'm seen as a working-class actress"—Bassett values the authenticity she brings to her roles. With Zeldin directing "Care," she appreciates his desire for "absolute truthfulness," which "suits me down to the ground." As she prepares for this new challenge, she acknowledges the nerves: "Every new part you're starting again. It's a bit scary, but I think we'll be all right."The Future of TheatreAs a veteran performer who has witnessed theatre's evolution, Bassett remains committed to the medium's power. She recalls the impact of Ronald Pickup's messenger speech in Peter Brook's production of Seneca's "Oedipus": "People fainted every night. You didn't see anything, his voice was enough. That's the power of theatre, isn't it?"Looking ahead, Bassett continues to seek roles that challenge her and explore the human condition. Whether through her meticulous interpretation of complex playwrights like Churchill or her willingness to portray the vulnerability of aging in "Care," she remains dedicated to the craft that has defined her life. "Every part is an education," she reiterates, and with each new role, Linda Bassett continues to learn, grow, and enrich the theatrical landscape.

The Lead Iran is looking at ways of providing limited connectivity to approved individuals and entities amid a continued state-imposed internet shutdown, with a tiered access model currently being offered that experts have said still undermines the digital rights of Iranians. The Event Details President Masoud Pezeshkian on Wednesday announced the creation of a new entity to review internet coverage in the country named the Specialised Headquarters for Organising and Guiding Iran’s Cyberspace, with First Vice President Mohammad Reza Aref, a relative moderate, appointed as its head. Pezeshkian expects Aref to “create institutional cohesion and align policies and measures by relevant bodies” and “prevent parallel work and end multiple voices in the management of the country’s cyberspace”. Aref is also expected to devise and enforce a roadmap to “overhaul cyberspace governance”. The Data Analysis The internet shutdown, which began on February 28, has affected over 90 million citizens, with users only able to access a slow and patchy intranet that supports state-approved local applications and content. The Supreme National Security Council has launched a state-distributed service called “Internet Pro”, which provides users with slightly higher-tier internet services than those offered to most of the population. The service is stated to be for businesses, university professors, lawyers, and other categories of people that the state deems eligible, but some state-linked entities have also been selling access at several times the official price. The Impact Analysis Experts believe that tiered internet access is here to stay in Iran, and that it is rooted in longstanding policies approved by the Supreme Council of Cyberspace after deadly nationwide protests in November 2019. Amir Rashidi, a digital security expert, believes that the new cyberspace headquarters can, at most, provide “a mechanism for better coordination in implementing the policies of the Supreme Council of Cyberspace”. Rashidi said there will be little hope of fundamental changes to government policy. The Prediction Authorities have pledged to restore the internet, but not until the war is concluded, and there is little sign of when that will happen. Iranian government spokesperson Fatemeh Mohajerani said the internet situation is “temporary”. However, experts and some government officials have expressed concerns that the internet shutdown has ended up harming the country more than defending against cyberattacks and other hostile operations.

Debut Poet Sasha Debevec‑McKenney Secures Dylan Thomas PrizeSasha Debevec‑McKenney, an American poet based in Georgia, was announced as the winner of the £20,000 Swansea University Dylan Thomas Prize for her debut collection Joy Is My Middle Name. The award, presented in Swansea, honors writers 39 or under and recognized the collection’s “exuberant, blistering” style.Joy Is My Middle Name: A Bold Exploration of Race, Addiction, and WomanhoodThe collection delves into twenty‑ and thirties‑life themes—race, sex, womanhood, addiction, and consumerism—through a voice described as “fast and furious” by critics. Judges, led by Irenosen Okojie, praised its humor, intimacy, and relevance to “tricky times.”£20,000 Prize Highlights Growing Investment in Young PoetsPrize amount: £20,000Eligibility: writers aged 39 or underShortlisted titles: To Rest Our Minds and Bodies, We Pretty Pieces of Flesh, Under the Blue, Open, Heaven, Borderline FictionIndie press Fitzcarraldo’s first poetry title to achieve major awardImplications for Indie Presses and Contemporary Poetry LandscapeThe win underscores the rising credibility of small presses like Fitzcarraldo in launching award‑winning poetry, potentially encouraging more funding and distribution channels for experimental voices. It also raises the profile of American poets in the UK literary scene.What This Win Signals for Emerging Voices in PoetryIndustry observers expect increased attention to debut collections that blend personal narrative with social critique. Emerging poets may find greater opportunities for fellowships—such as Debevec‑McKenney’s role at Emory University—and for cross‑Atlantic publication deals.

The LeadSam Kerr will leave Chelsea this summer when her contract expires, ending her six-and-a-half-year spell with the English side. The Australia striker is Chelsea's leading goalscorer in the Women's Super League with 64 goals and has scored 115 times for the Londoners in all competitions.A Chelsea LegacyThe 32-year-old has made 177 appearances for Chelsea, making her the fourth-highest player on their all-time appearance list. She will go into Saturday's final league match of the season, at home to Manchester United at Stamford Bridge, just one goal behind Fran Kirby's all-time Chelsea goals record in all competitions.Trophy CollectionDuring her time with Chelsea, Kerr has won five WSL titles, three FA Cups, and three League Cups. Her achievements include winning the WSL's Golden Boot twice and being named as the Football Writers' Association's women's footballer of the year twice in succession in 2022 and 2023. She was also the Ballon d'Or runner-up in 2023.Impact on Women's FootballWhen reflecting on her Chelsea career, Kerr stated: "When I reflect on my Chelsea career, I just feel happy. Happy that it happened, and I feel so grateful to have played for this club for six years and won as many trophies as we could." The club statement thanked Kerr for her "incredible contribution to our success on the pitch and sustained growth off it."What's Next for Kerr and ChelseaThe news comes as Chelsea are understood to be the favourites to secure the signature of the Manchester City striker Khadija Shaw, this season's WSL top scorer. The Guardian revealed earlier in May that Shaw has decided to leave City at the end of her contract this summer, with Chelsea reportedly offering the Jamaica striker a £1m-per-year contract.

The Legal Battle Over Palestinian Abuse AllegationsThe Israeli government has announced it is taking the extraordinary step of suing The New York Times after the newspaper published an article detailing rape allegations by Palestinian detainees against Israeli forces. The Prime Minister's Office made the announcement three days after the release of the article by longtime New York Times columnist Nicholas Kristof, which was based on accounts from 14 male and female Palestinian victims.Israel's Response to the Controversial ArticleIsrael had previously condemned The New York Times report as "blood libel," but went further on Thursday, stating that Netanyahu and Foreign Minister Gideon Saar "have instructed the initiation of a defamation lawsuit against The New York Times." The government called the report "the most hideous and distorted lies ever published against the State of Israel in the modern press, which also received the backing of the newspaper."Media Standards and Double StandardsThe New York Times has faced criticism for potentially applying different standards to allegations of sexual abuse by different parties. Critics have questioned why Kristof's article was published under the "opinion" section, while stories on alleged abuses against Israelis have been published as "news." This includes a December 28, 2023, report detailing allegations of sexual abuse during the October 7, 2023, Hamas attacks on southern Israel, whose integrity has been heavily questioned.Evidence Supporting the Abuse ClaimsThe article cited multiple sources supporting the allegations of systematic sexual abuse. These included a UN report that found Israel's security apparatus had become a system under which sexual violence is "standard operating procedures" and "a major element in the ill treatment of Palestinians." A Committee to Protect Journalists report found nearly a third of Palestinian journalists detained by Israel had faced sexual violence. Specific accounts included that of Sami al-Sai, a Palestinian journalist who said he was sexually assaulted with a rubber baton and carrot while in Israeli detention.International Implications of the Legal ActionWhile a foreign government can technically sue a US media company, the prospect raises several legal questions, particularly over jurisdiction. If the suit is brought in a US court, it is likely to face a steep legal climb due to US media's broad constitutional protections, particularly when challenged by government authorities. The Israeli government's planned lawsuit represents an escalation in its efforts to counter negative international media coverage.Future Outlook for Media Coverage of the ConflictThe lawsuit signals a continued hardening of positions in the Israeli-Palestinian conflict, with both sides increasingly using legal and media channels to advance their narratives. Netanyahu has stated he wants the lawsuit to send a message beyond its legal scope, saying "Under my leadership, Israel will not be silent. We will fight these lies in the court of public opinion and in the court of law." This approach may lead to further polarization in media coverage and potentially impact press freedom in reporting on the conflict.

The LeadItalian Davide Ballerini won stage six of the Giro d'Italia as a crash on the cobbles took out several sprint specialists near the finish in Naples on Thursday.The Technical Breakthrough on the CobblesBallerini (XDS Astana Team) comfortably beat Belgium's Jasper Stuyven (Soudal Quick-Step) on the city centre finish after a flat 142km ride from Paestum. A relatively incident-free stage burst into life in the final kilometres as the sprinters moved into position.The Impact of the Wet ConditionsWith light rain making the surface treacherous, a crash inside the final kilometre took down Jonathan Milan (Lidl-Trek), Dylan Groenewegen (Unibet Rose Rockets) and several other riders. "It was a bit slippery and it can happen," Groenewegen said. "It's disappointing. Sometimes you have bad luck."The Race DynamicsBallerini and Stuyven managed to avoid the chaos and powered to the line with Ballerini proving too strong. Overall race leader Afonso Eulálio of Portugal finished safely in the main pack.What's Next in the GiroThe race continues with the riders facing the challenges of the Italian terrain, with Ballerini's victory potentially shifting the dynamics of the sprint competitions in the remaining stages.

Lead: Frankfurt’s Women’s Squad Poised for a Return to Europe’s EliteAfter a series of top‑three finishes and a semi‑final run in the inaugural Europa Cup, Eintracht Frankfurt is on the brink of securing a Champions League berth, driven by a clear strategic vision and recent on‑field successes.Recent On‑Field Success and Strategic AppointmentsThe club’s momentum stems from a 3‑1 victory over second‑placed Wolfsburg and a decisive win against Union Berlin, which would clinch third place. Early 2026 saw former German international Babett Peter join as sporting director, bringing World Cup, Euro and Olympic experience.2020 merger created the current structure of the women’s side.2026: Peter appointed sporting director.Key signing: Swedish defender Amanda Ilestedt on a three‑year deal.Numbers That Define the Club’s Legacy and Current Push1999‑2008: 1. FFC Frankfurt won the Frauen‑Bundesliga seven times.2002‑2015: Four European titles secured by the predecessor club.Babett Peter earned 118 Germany caps and multiple major trophies.2026 season: Semi‑final appearance in the Europa Cup, losing to eventual winners Häcken.Impact on German Women’s Football LandscapeEintracht’s resurgence challenges the recent dominance of Wolfsburg and Bayern Munich, signaling a more competitive top tier. The club’s emphasis on sustainable growth, smart investment, and player‑centred development could set a new benchmark for other German clubs aiming to balance ambition with financial prudence.Future Outlook: Targeting Champions League Qualification and BeyondWith the season‑ending fixtures, a third‑place finish would grant Eintracht a direct Champions League group‑stage spot. Peter’s long‑term roadmap envisions the club becoming a regular European contender, narrowing the gap with Bayern while leveraging its unique position to attract talent like Ilestedt.