Makers

• J. Ricardo Martins argues that the "Geneva fiasco" demonstrates the danger of replacing professional diplomats with business-oriented dealmakers in international relations. • The author contends that these dealmakers mistakenly viewed compromise as weakness, which escalated a negotiable crisis into an active conflict with Iran. • This shift is framed as a broader geopolitical risk, threatening the traditional American diplomatic strengths of credibility, predictability, and professional competence.

Registrations are up 7% in May, with battery electric vehicles recording the fastest growth and Tesla jumping 45%British car sales rose in May to their strongest level for the month since before the Covid pandemic, driven in part by strong growth from the Chinese manufacturers BYD and Chery.Car registrations rose 7% to 160,662 during the month, according to figures from the Society of Motor Manufacturers and Traders (SMMT), a lobby group. Continue reading...

• The "Geneva fiasco" highlights the risks of replacing professional diplomats with business dealmakers who misinterpret diplomatic compromise as weakness. • This shift in approach transformed a negotiable crisis into an active conflict with Iran, undermining traditional diplomatic strategies. • The situation signals a broader geopolitical decline in American diplomacy, which has historically relied on credibility, predictability, and professional competence.

• Primary election races are currently unfolding across six states, including New Jersey, California, and Iowa, as candidates advance toward midterm battles. • In separate political developments, Senator Marco Rubio is engaging with lawmakers to answer critical questions regarding government policy. • The Trump administration is weighing a decision to relocate certain groups to the Democratic Republic of the Congo, despite the region's severe humanitarian crisis.

• Missouri State Rep. Dave Griffith is advocating for psychedelic-assisted therapy to treat veterans suffering from depression and post-traumatic stress disorder. • The initiative follows an April executive order signed by Donald Trump titled “Accelerating Medical Treatments for Serious Mental Illness,” which aims to speed up drug approvals and clinical trial participation. • The order directs the Secretary of Health and Human Services to allocate at least $50 million to support state governments developing programs for psychedelic drugs.

• SK Hynix has joined Asia’s "trillion-dollar company club," joining Samsung Electronics and Taiwan’s TSMC as market valuations soar. • The surge is driven by the global AI boom, which has pushed South Korea’s Kospi stock market to record highs. • Experts warn of potential "short-circuits," citing the risks of boom-bust cycles and the South Korean economy's heavy reliance on just two major chipmakers.

• Investors in Asia are shifting their focus beyond semiconductor chipmakers to identify the next wave of AI-driven growth opportunities. • In South Korea, stocks like HD Hyundai Energy Solutions and Daewoo Engineering & Construction have seen strong performance this year. • This trend reflects a strategic pivot toward companies that can meet the surging energy and infrastructure demands required to power AI development.