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US‑Iran diplomatic channels are reportedly close to a framework that would extend the current cease‑fire by 60 days and open nuclear talks, though President Donald Trump has not yet signed off. The proposal would keep the Strait of Hormuz open, require Iran to clear sea mines within 30 days and lift the U.S. naval blockade if commercial traffic resumes.Progress Toward a 60‑Day US‑Iran Ceasefire ExtensionCeasefire talks: Both governments are negotiating a tentative deal to prolong the truce and start nuclear discussions.Maritime traffic: Non‑Iranian vessels from Singapore, UAE, South Korea and Norway have resumed transiting the Strait of Hormuz.Regional diplomacy: Pakistan’s Deputy Prime Minister Ishaq Dar will meet Secretary of State Marco Rubio in Washington to focus on the Iran conflict.Key Figures: Vessel Traffic and Sanctions NumbersAt least four foreign‑flagged ship categories have increased passage through Hormuz in the past days.The U.S. Treasury announced new sanctions targeting multiple companies, individuals and vessels linked to Iran’s military and oil sales, including a Hong‑Kong‑based network.Regional Ripple Effects: Gulf States, Israel, and LebanonKuwait and UAE condemned a ballistic missile incident they described as Iranian aggression.Qatar’s Emir discussed the tension with President Trump, emphasizing Doha’s role in hosting ceasefire talks.Israel announced plans to control up to 70 % of Gaza, raising concerns of broader displacement.Lebanon suffered Israeli strikes killing at least 17 civilians, ahead of U.S.‑mediated military talks.What Comes Next: Negotiation Paths and Potential FlashpointsIf the 60‑day extension is signed, the next phase will focus on Iran’s uranium enrichment program.Continued missile incidents or further Israeli advances in Gaza could reignite broader regional fighting.Sanctions pressure may push Iran toward compliance, but visa issues for its World Cup team highlight lingering diplomatic friction.

U.S. inflation accelerated to its fastest pace in three years in April, as energy prices surged amid the war with Iran, prompting expectations that the Federal Reserve will maintain a restrictive rate stance well into next year.April Inflation Surge Tied to Iran ConflictThe war in the Strait of Hormuz disrupted oil shipments, pushing national average gasoline prices up 12.3% in April and lifting overall energy costs by 5.5%. These supply‑chain shocks fed through to broader price indices, reigniting concerns about inflationary momentum.Numbers Reveal Sharpest Price Gains Since 2023Personal consumption expenditures (PCE) price index rose 3.8% year‑on‑year, the largest increase since May 2023.Core PCE (excluding food and energy) climbed 3.3% YoY, up from 3.2% in March.Month‑on‑month, the overall PCE index advanced 0.4% after a 0.7% jump in March.Goods prices increased 0.7%, with food prices rebounding 0.5%.Consumer saving rate fell to 2.6%, the lowest level since June 2022.Broader Economic and Political RamificationsHigher inflation is eroding real disposable income for the third consecutive month, pressuring household consumption that accounts for more than two‑thirds of U.S. economic activity. The rising cost‑of‑living environment is also denting President Donald Trump's approval ratings ahead of the 2024 election, while the Republican majority in Congress faces heightened scrutiny ahead of the November midterms.Outlook for Fed Policy and Consumer SpendingFinancial markets expect the Federal Reserve to keep its benchmark rate in the 3.50%–3.75% range through 2027. New Fed chair Kevin Warsh has signaled a “reform‑oriented” agenda but faces pressure from the White House to lower rates. Meanwhile, consumer spending edged up only 0.1% in April after a 0.3% rise in March, suggesting a tentative pullback as households grapple with stagnant real wages.

Glean Hits $300M ARR Amid Rising Enterprise AI CompetitionGlean, often dubbed the "Google for enterprise," reported annual recurring revenue (ARR) of $300 million, up from $100 million just 15 months earlier. The milestone arrives as tech giants such as Google, Microsoft, OpenAI, Anthropic, Salesforce and Atlassian launch rival AI‑search products.Revenue Growth and Pricing Model Dissection$300 million ARR – three‑fold increase from the previous $100 million benchmark.Last valuation: $7.2 billion after a $150 million Series F round in June 2025.Key customers: Databricks, Reddit, Pinterest, Samsung.Pricing mix: consumption‑based per‑use fees plus a hybrid model with fixed monthly fees for active users and separate usage charges.Portion of revenue classified as annualized revenue run rate due to fluctuating consumption patterns.Cost‑Effective AI Search Redefines Enterprise BudgetsCEO Arvind Jain emphasizes the “context graph” – a deep integration with internal software systems that curtails token usage. By delivering precise information, Glean’s AI performs fewer operations, translating into lower AI‑compute costs for clients.Token consumption reduced, leading to noticeable AI‑bill savings.First‑mover advantage combined with superior product differentiation.Enterprise demand spikes as companies seek to curb soaring AI expenditures.Future Trajectory for Glean and the Enterprise AI LandscapeWith its cost‑saving proposition, Glean is positioned to capture market share from larger incumbents. Continued innovation around the context graph and flexible pricing could accelerate adoption, while intensified competition may pressure margins. Analysts expect Glean’s ARR to keep climbing, potentially breaching the $500 million mark within the next 12‑18 months if token‑efficiency remains a decisive factor.

The Plan Switzerland has qualified for the World Cup for the sixth time in a row and will head to the US west coast with high expectations. Coach Murat Yakin has set ambitious goals, stating, "We want to play the best World Cup seen from a Swiss team." Switzerland's World Cup History Switzerland has never advanced past the quarter-finals at the World Cup, with their last appearance at that stage being in 1954 on home soil. They have typically been eliminated in the last 16, as seen in their 2022 loss to Portugal. Group B Fixtures 13 June v Qatar, San Francisco (noon local, 8pm BST) 18 June v Bosnia and Herzegovina, Los Angeles (noon local, 8pm BST) 24 June v Canada, Vancouver (noon local, 8pm BST) The Coach: Murat Yakin Murat Yakin's appointment as coach in August 2021 was a surprise, given he was managing second-tier FC Schaffhausen at the time. Despite some challenges, he extended his contract to 2028 after a positive Euro 2024. Star Player: Granit Xhaka At 33, Granit Xhaka remains Switzerland's most important player, dictating the tempo of the game and ensuring a balance between defense and attack. This could be his last World Cup, but he may continue his international career afterward. One to Watch: Johan Manzambi Johan Manzambi, a Geneva-born midfielder, has impressed with his performances at Freiburg. Europe's top clubs are monitoring him, and he could become one of the most expensive Swiss transfers after the World Cup. Unsung Hero: Remo Freuler Remo Freuler, a midfielder from Zurich, has worked hard to reach the top. He complements Xhaka well in midfield, excelling in running capacity, one-on-one situations, and footballing intelligence.

Ibrahima Konaté appears set to depart Liverpool FC after the club and his representatives failed to reach a new contract agreement, meaning the 27‑year‑old defender could leave on a free transfer at the end of his current deal.Contract Stalemate Sends Konaté Toward Free AgencyNegotiations over a fresh deal for Konaté, who has been at Anfield for five seasons, have broken down despite “extensive talks” between his camp and the club. The defender hinted in April that an agreement was close, but no formal offer materialised.Financial Implications of Losing a First‑Choice Centre‑BackAge: 27Contract length remaining: 0 (expires summer 2026)Potential fee: None – free transferRecent precedent: Trent Alexander‑Arnold left for £10 million after his contract ran downStrategic Blow to Liverpool’s Defensive RebuildingThe club’s sporting director Richard Hughes now faces a depleted back‑line, with new signing Jérémy Jacquet and Giovanni Leoni still recovering from injuries and uncertainty surrounding Joe Gomez. The loss compounds the departure of Mohamed Salah and Andy Robertson, marking a significant turnover from the Jürgen Klopp era.What Lies Ahead for Konaté and LiverpoolReports link the Paris‑born centre‑back with a possible move to Paris Saint‑Germain, while Chelsea are also mentioned as suitors. Liverpool will need to rely on emerging talents and the market to fill the void, and the free‑transfer exit could free up wage budget for new acquisitions.

The LeadThe Guatemalan government has firmly denied reports that it agreed to permit United States military strikes against drug traffickers within its borders, while simultaneously confirming its request for security cooperation with Washington. This clarification comes amid growing concerns about US military operations in Latin America and the complex relationship between regional governments and Washington's anti-drug policies.The Government's Position on Military Operations"There is no agreement authorising foreign military operations by any country within national territory," the government of President Bernardo Arevalo stated in a formal release on Thursday. This denial directly responds to a New York Times report citing unnamed sources who claimed Arevalo had agreed to US military action in Guatemala.Accompanying the government statement was a note from a letter by Guatemala's Defense Minister Henry Saenz to his US counterpart Pete Hegseth, dated May 28. The letter reveals that Guatemala "desires to lead, with US assistance, active military operations" against drug groups identified as "designated terrorist organisations" (DTOs) by Washington."In accordance with existing bilateral agreements and arrangements, such combined Guatemala-led operations would further bilateral interests in defeating DTOs and advancing regional and hemispheric security," Saenz wrote in the document.The Regional Context of US Anti-Drug OperationsThe Guatemalan clarification emerges against a backdrop of increasingly assertive US anti-drug policies in Latin America. Under President Donald Trump, the United States has demonstrated a willingness to use military force in the region, including conducting air strikes against alleged drug boats in the Caribbean Sea and Pacific Ocean.These operations have resulted in at least 194 deaths and drawn criticism from rights advocates who characterize them as extrajudicial killings. The US has also taken more direct action, including the abduction of Venezuela's President Nicolas Maduro in January, whom it accused of drug trafficking.Following Maduro's removal, his vice president Delcy Rodriguez has improved relations with Washington and allowed greater foreign involvement in Venezuela's oil sector, though the US continues to exert control over the country's oil exports.The Impact on US-Latin America RelationsMany countries in Central and South America have struggled to contain gang violence related to the drug trade, creating a complex security landscape. In January, Guatemala's Arevalo declared a 30-day state of emergency after suspected gang members killed at least 10 police officers, highlighting the severity of the security challenges.Latin American leaders have consistently demonstrated a nuanced approach to US involvement - wary of direct military intervention but open to intelligence sharing and security cooperation. This delicate balance reflects both the genuine security needs of these nations and the historical sensitivities surrounding US intervention in the region.President Arevalo, elected in 2023 on an anticorruption platform, appears to be navigating this complex terrain carefully, seeking assistance while maintaining sovereignty over military operations within Guatemala.Future Outlook for Regional Security CooperationThe situation in Guatemala suggests a likely continuation of this pattern of conditional cooperation. Regional governments will likely continue to seek US assistance in combating drug trafficking and organized crime while resisting direct military operations on their soil.The coming months may see increased diplomatic efforts to define the boundaries of security cooperation, with Guatemala potentially serving as a model for other nations seeking to balance security needs with sovereignty concerns.As the US continues its anti-drug operations in Latin America, the region's response will likely shape the future of hemispheric security policies and determine whether cooperation can be achieved without compromising national sovereignty.

The LeadSam Campbell's new Channel 4 mockumentary, Make That Movie, has been crowned the funniest TV show of the year. The series, which follows a former big-shot director helping ordinary people create bizarre, low-budget films, is a chaotic celebration of 'outsider art' and unhinged creativity.The Surreal Premise of 'Make That Movie'At the heart of the show is a high-concept premise that defies logic. Campbell plays a version of himself who was once a successful director but now spends his time driving around in a van with a giant model film camera on top. His mission is to help people in need by producing bizarre low-budget productions based on their outlandish ideas.Snake Transformation Thriller: A Da Vinci Code-style story where a couple changes into snakes (but not simultaneously).Cyber-Thriller for Pensioners: A Lawnmower Man-style plot where seniors physically enter computers by singing songs and inserting USB cables into their mouths.Animated Feet: A project designed to cheer up a couple trapped in a cave.A Refreshing Pivot from Trauma to AbsurdityThe show arrives at a critical cultural moment. The review highlights a 'decade-long tailspin' where television was dominated by trauma-focused narratives. Had *Make That Movie* been attempted a few years ago, executives would likely have forced a subplot about dissociating from an abusive childhood. Instead, the show offers pure, unadulterated silliness.Celebrating the 'Outsider Art' of Bad CinemaSam Campbell is described as having an 'alien' quality, a stark contrast to the typical 'everyman' comedian. His stock in trade is looking like a frozen Paul McCartney, and this unique persona drives the show's success. By worshipping films like Birdemic: Shock and Terror, Campbell validates 'bad' cinema as a form of glorious outsider art.The Future of Sam Campbell's Comedy EmpireWhile the format is packed with content—23 minutes to meet characters, hear ideas, and watch the finished product—the sprinting pace is by design. The review suggests that nothing will kill the show faster than lapsing into formula. As long as Campbell and his uncomprehending face remain fixtures on television, the show is poised to become a lasting cult classic.

A rapid expansion of data‑centres around Santiago’s Quilicura wetland is siphoning billions of litres of water, turning one of Chile’s largest swamps into a dry plain and intensifying a 15‑year mega‑drought. The Wetland’s Vanishing: On‑the‑Ground Observations in Quilicura Rodrigo Vallejos, a final‑year law student, first noticed the change five years ago when the once‑lush Quilicura wetland – spanning 468.4 hectares (about 1,200 acres) – began to dry out. He now works with the activist group Resistencia Socioambiental de Quilicura, documenting how the area, once a key urban biodiversity zone, is turning into “a wetland without water.” Water Consumption Numbers: Billions of Litres Drained Annually Experts estimate that the largest data‑centres in the district – operated by Google, Microsoft, Brazilian Ascenty and Chilean Sonda – consume roughly 1.5 bn litres of water each year. The scale is illustrated by the following figures: 33 data‑centres are currently operating, with 34 more planned. Google’s water rights allow extraction of up to 50 litres per second, equivalent to the annual use of 8,500 Chilean households. Water‑based cooling systems dominate, using far more water than air‑cooled alternatives. Ecological and Social Fallout: Why Chile’s Tech Push Risks a Mega‑Drought Crisis The water draw aggravates a national mega‑drought that has persisted for over 15 years. Climate scientist Pablo Sarricolea warns that by 2070 precipitation could fall sharply while average temperatures rise from 15.6 °C to 17.4 °C, increasing evaporation and further stressing water supplies. Residents also point to limited job creation and the lack of transparent reporting on water extraction. Company statements differ: Microsoft claims its Chilean sites rely on air‑based cooling, reducing water use, while Ascenty argues its water consumption equals that of only 16 households. Nonetheless, activists argue that prioritising water for tech firms over local communities raises ethical concerns. Looking Ahead: Relocation, Regulation, and the Future of Chile’s Data‑Centre Strategy Chile’s national data‑centre plan, launched under former President Gabriel Boric, aims to position the country as Latin America’s tech hub. Experts suggest a shift to water‑rich southern regions to balance growth with ecological limits. Stronger industry regulation, transparent water‑use reporting, and investment in air‑cooled or renewable‑energy‑based cooling could mitigate the crisis. Without such measures, the Quilicura wetland may become a stark symbol of how unchecked digital infrastructure can deepen climate vulnerability in already water‑scarce regions.

Sonny Rollins' Enduring Legacy: 10 Essential Recordings Sonny Rollins, a jazz icon, has left an indelible mark on the music world. With a career spanning over seven decades, Rollins has consistently pushed the boundaries of jazz, showcasing his mastery and innovation. Here are 10 of his greatest recordings: Tenor Madness (released on Craft/OJC, 1956) A 30-year-old Sonny Rollins had already made his unique mark with Miles Davis and Thelonious Monk by the time this 1956 session was cut. Hooking up with his contemporary and admirer John Coltrane happened by chance on the two-tenor blues chase of this album's title. Saxophone Colossus (Prestige, 1957) This writer's first connection with Sonny Rollins' music was occasioned not by music but words: poetic New Yorker writer Whitney Balliett's evocative review of Sonny Rollins' 1957 Saxophone Colossus. Rollins was partnered on this classic set by pianist Tommy Flanagan, bassist Doug Watkins, and bebop-pioneering drummer Max Roach. Way Out West (Contemporary, 1957) When UK jazz musician Courtney Pine was blossoming as a teenage saxophonist in the early 80s, he would recall that Sonny Rollins' 1957 recording Way Out West was a key inspiration. The format was a Rollins favourite in his own early years – the demanding setup of a sax improviser with just bass and drums in support. A Night at the Village Vanguard (Blue Note, 1957) Rollins' live recordings are not as abundant as his genius in open situations deserves, but this music from New York's Village Vanguard makes up a lot of the ground. Freed from the march of chords by the absence of a pianist, he's in storming form in the company of rock-solid bassist Wilbur Ware and soon to be legendary Coltrane drummer Elvin Jones. Freedom Suite (Riverside, 1958) Rollins was never a natural composer – like Miles Davis, he preferred tunes that could be sketched on the back of envelopes. But Freedom Suite was an interesting departure for him, occasioned by the political climate of US race relations and civil rights in the late 1950s. The Bridge (RCA, 1962) Rollins took a creative break between 1959 and 1961, and his return came with The Bridge, named after the eccentric refuge he found: practising alone on New York's Williamsburg Bridge with only passing trains for company. Live at Ronnie Scott's (Gearbox Records; recorded January 1965) Rollins' visits as a solo performer to London's Ronnie Scott's club in the late 50s and early 60s introduced his mesmerising magic to UK audiences, and also helped to galvanise the local scene's confidence at a time when European jazz became increasingly emancipated from the US. Sunny Days, Starry Nights (Milestone, 1984) From the 1980s onwards, Rollins settled into a concert groove that was predictable – by his exacting improvisational standards – and frequently dazzling for audiences new to him. Sunny Days, Starry Nights showcased him with partners who would regularly join him on stage for the rest of his life. This Is What I Do (Milestone, 2000) The best and most affectionately closeup manifestation of Sonny Rollins' genius as he hit his 70s. The saxophonist's later-life partners are present, and so is one of contemporary jazz's greatest drums pioneers in Jack DeJohnette. Without a Song: The 9/11 Concert (Milestone; recorded 2001) Sonny Rollins and his wife, Lucille, lived close to the World Trade Center, witnessed the buildings' collapse on 9/11, and had to evacuate their apartment shortly afterwards. Four days later, the saxophonist performed and recorded this evocative session with his regular sidemen at the Berklee School of Music in Boston.