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• US Treasury yields have climbed to their highest levels in over a year, coinciding with a stock market rally that has pushed equities toward all-time highs. • While investors fear these opposing trends cannot coexist, the author argues that rising yields are a global phenomenon that will disproportionately harm the US's global peers. • Developed economies such as the UK, Germany, and Japan are facing slower growth due to energy and bond-market conditions without the significant AI spending tailwinds benefiting the US.

• The 70th edition of the Eurovision Song Contest is taking place in Vienna, Austria, culminating in the live Grand Final today. • The event is scheduled to begin at 9:00 PM on Saturday for viewers in key participating nations, including Austria, Germany, France, Italy, Spain, and Sweden. • As a global musical phenomenon, the contest serves as a major cultural platform for European artists to compete for the prestigious title.

• Austria is hosting the 70th anniversary final of the Eurovision Song Contest in Vienna this Saturday. • The event features a diverse range of pop music entries from across Europe and Australia, continuing a legacy that includes winners like ABBA in 1974 and Celine Dion in 1988. • This year's competition is marked by significant political tension, as five countries are boycotting the event to protest Israel's participation.

A decade after the referendum, EU leaders would welcome closer ties – once the UK has understood the ‘European deal’• Don’t get This Is Europe delivered to your inbox? Sign up hereBrexit’s back. Well, sort of. If it ever really went away. At any rate, an awful lot of ink has been spilled – in Britain, at least – over last weekend’s remarks by a would-be PM that Brexit was “a catastrophic mistake” and the UK’s future lay “back in the EU”.That reflects, first, just how deep the wounds of Brexit still run. A decade after the referendum unleashed an identity politics so powerful it still dominates UK debate, Britain’s voters remain divided into the two warring tribes of remain versus leave. Continue reading...

Landmark report calls for widespread air conditioning and says UK temperatures forecast to exceed 40C by 2050British homes will need air conditioning to survive predicted levels of global heating, the government’s climate advisers have warned in a report, as measures such as drawing curtains, opening windows and growing trees for shade are not likely to be enough.Air conditioning should be installed in all care homes and hospitals within the next 10 years, and in all schools within 25 years, according to the Climate Change Committee (CCC), which published a major report on adapting to the impacts of global heating on Wednesday. Continue reading...

Research appears to challenge previous studies but some experts call aspects of it ‘misguided’People who are the least fit need to do 30-50 minutes more exercise a week than the fittest to get the same reduction in cardiovascular risk, according to research.Researchers examined data from more than 17,000 British adults taking part in the UK Biobank study. They completed a cycle test to measure their baseline cardiorespiratory fitness (estimated VO2 max) and wore a fitness tracker for a week to record typical exercise levels. Continue reading...

Tepid cabinet support and a blunted No 10 operation are making it harder for the prime minister to face down criticsUK politics: live updatesThe last time Keir Starmer faced a threat to his leadership, his core team assembled in the cabinet room and persuaded ministers to fire off a succession of supportive tweets in an attempt to keep him in office. This time has been different.As the number of MPs calling for the prime minister to resign has grown over the last 48 hours, much of the cabinet has remained quiet. Continue reading...