Strategy

• The Connecticut Office of Health Strategy (OHS) has released a preliminary list of outpatient prescription drugs provided at a substantial cost for the 2026 reporting cycle. • The report details the highest-cost outpatient drugs, including total costs, utilization rates across commercial, Medicaid, and Medicare Advantage markets, and wholesale acquisition cost increases. • This initiative, mandated by Connecticut General Statute § 19a-754b (d), aims to increase transparency regarding the pricing and accessibility of expensive medications.

• K-pop group RESCENE, debuting under a small agency in 2024, is gaining significant social media traction through self-produced content. • This shift occurs as the group captures public attention despite lacking the massive budgets of industry giants like Aespa, NMIXX, and Le Sserafim. • The trend highlights a strategic pivot toward authentic, low-budget, and creative digital content to achieve "star-making moments" and viral growth.

A long trade war looms. Trump’s scattershot protectionism, chaotic tariffs and belligerence against our natural allies guarantees that US trade policy will remain a hot messWe are in for a long trade war.In the months since “Liberation Day” last year, when Donald Trump let loose a volley of tariffs against imports from everywhere, countries have rushed to build new relationships in the hope of maybe circumventing the US to protect the global trading system. Continue reading...

• VivaTech 2026 will serve as a primary showcase for Europe's distinct strategic approach to the global artificial intelligence race. • Unlike the U.S. and China, which prioritize consumer platforms and foundation models, European firms are focusing on integrating AI into heavily regulated industrial sectors. • Key areas of development include the application of AI within manufacturing, logistics, healthcare, and cybersecurity to optimize complex existing systems.

• Europe is facing a critical geopolitical crisis in 2026, driven by aggressive unilateralism from Washington, Beijing, and Moscow, alongside escalating trade wars and energy instability. • The Future Combat Air System (FCAS) serves as a primary example of failure, where the development of a 6th-generation fighter jet has stalled due to national vanity and industrial disputes. • The author argues that European federalism must shift from a political ideology to a necessary survival strategy to ensure strategic autonomy and security.

Exclusive: Mining giant says technology is not yet advanced enough to run a fully electrified fleet but experts say it is hooked on federal fuel tax creditsRead more from the BHP files investigation hereGet our breaking news email, free app or daily news podcastBHP has continued to spend hundreds of millions of dollars buying diesel trucks in the Pilbara despite internal documents suggesting it would increase emissions and be “misaligned” with its decarbonisation goals.The mining giant is Australia’s biggest consumer of diesel and trucks are its biggest single source of diesel emissions. Replacing the fleet with battery-electric trucks is considered a critical step in the multinational’s efforts to decarbonise. Continue reading...

Bank founded 174 years ago could be phased out as early as 1 July as part of group’s reviewBosses at Lloyds Banking Group are considering axing the Halifax as a standalone brand, as part of a sweeping review that could result in the historic 174-year-old lender disappearing from Britain’s high streets.Lloyds has been assessing the future of its branding strategy and whether it will continue to operate everyday banking under three different brands – Lloyds, Halifax and Bank of Scotland – after government-backed rescue efforts at the height of the 2008 financial crisis. Continue reading...

• President Trump and Chinese leader Xi Jinping held high-stakes talks in Beijing focusing on resolving escalating trade tensions, technology competition, and coordinating responses to Middle Eastern developments. • The two leaders discussed tariff rollbacks, semiconductor supply chain restrictions, and potential joint initiatives on artificial intelligence regulation, with both nations seeking to avoid further economic deterioration. • The summit marks a critical pivot point in US-China relations, with observers noting that agreements reached could reshape global trade dynamics and influence the trajectory of broader geopolitical competition.

• Uber’s India data-centre bet is being framed as part of a broader tech and cost strategy, with the company weighing infrastructure choices as AI-driven risk rises. • The coverage notes that about 90% of advanced AI users are trimming some form of business process outsourcing spend, underscoring how automation is reshaping enterprise budgets. • The development matters for India’s enterprise-tech ecosystem because it links cloud infrastructure demand with the rapid adoption of AI tools and changing outsourcing patterns.

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...

• President Trump discussed the financial burden of the Iran conflict, potential Democratic impeachment efforts, and midterm election plans in an exclusive interview with Sharyl Attkisson on Full Measure. • He addressed his son Barron Trump's future political aspirations, vaccine safety concerns, and plans for a Fort Knox gold audit. • Trump also commented on NFL games shifting from free TV and broader policy topics amid ongoing geopolitical strains.

Critics say document outlining strategy is both ‘completely Trumpian’ and an ‘alarming’ escalation in rhetoricWhen Donald Trump’s counter-terrorism “czar”, Sebastian Gorka, introduced the Trump administration’s long-awaited counter-terrorism strategy on a call with journalists on Wednesday, he also reportedly described critics of the administration’s war in Iran as “testicularly challenged”.The at-times bizarre 16-page memo Gorka authored is only slightly more subtle – taking rhetorically charged swings at the president’s enemies, the Biden administration, transgender people and some Islamist groups, while offering little clarity about the threat posed by political violence domestically or abroad or any specific plans to address it. Continue reading...

• Kazakhstan launched a comprehensive national AI strategy aimed at building a competitive technology ecosystem and digital infrastructure for regional leadership. • The plan focuses on Central Asia dominance through AI research hubs, talent development, and partnerships with global tech firms. • This initiative matters as it positions Kazakhstan as an emerging AI powerhouse bridging Europe and Asia amid global tech rivalries.

The 16-page report was led by Trump-ally Sebastian Gorka, and places drug cartels in the Americas at the centre of counter-terrorism effortsThe Trump administration has accused Europe of being an “incubator” for terrorism fuelled by mass migration, in a new counter-terrorism strategy unveiled on Wednesday.The strategy also focuses on rooting out “violent left-wing extremists” including “radically pro-transgender” groups, as Trump’s conservative administration steps up its political attacks on opponents. Continue reading...

• Japan's Prime Minister Sanae Takaichi announced an updated Free and Open Indo-Pacific (FOIP) strategy during her visit to Vietnam last weekend, emphasizing Tokyo's increased reliance on Southeast Asia amid U.S.-China rivalry. • The decade-old FOIP policy now prioritizes energy security, critical minerals, and deeper ties with ASEAN nations to bolster economic and security roles in the region. • This pivot underscores Japan's strategic shift toward Southeast Asia as a counterbalance to great-power competition, enhancing regional stability and supply chain resilience.

• House Democrats skeptically questioned Defense Secretary Pete Hegseth for the first time since the Iran war began, pressing on strategy and costs during an April 29 hearing. • One Democrat accused Hegseth of partisanship, quoting his prior statements back at him in a heated exchange. • The confrontation highlights partisan divides over the war's economic toll and Trump's foreign policy amid plunging approval ratings.

Defense secretary to be quizzed by lawmakers on Senate armed services committee after bad-tempered session in House yesterdaySign up for the Breaking News US email Hello and welcome to our US politics coverage as Pete Hegseth faces a second day of grilling from Democrats on Capitol Hill, with senators getting their first opportunity to confront or praise the Pentagon chief over his handling of the Iran war.The defense secretary battled with Democrats - and some Republicans - yesterday during a nearly six-hour House armed services committee hearing, where he faced questioning over the war’s costs in dollars, lives and the diminishing stockpiles of critical weapons.US economic growth likely accelerated in the first quarter on a rebound in government spending after a crippling government shutdown. The anticipated increase in gross domestic product last quarter also would reflect robust growth in business investment in equipment, fueled by an artificial intelligence spending boom and the building of data centers underpinning the technology. Figures will be out at 8.30am ETKing Charles and Queen Camilla are expected to make stops in Virginia before wrapping up their US visit back at the White House on Thursday with a formal farewell from Trump. Charles will then travel solo to Bermuda on his first visit as king to a British overseas territory.Senate minority leader Chuck Schumer said that Democrats will once again force a vote on a war powers resolution on Iran, the sixth time in recent weeks. “This week, Democrats will force a vote on our war powers resolution for the sixth time. We’ll continue to force votes every week as this war rages on,” Schumer said from the Senate floor.The House approved a three-year reauthorization of a divisive US surveillance program ahead of its expiration on Friday, adding new oversight measures but stopping short of the warrant requirement that critics have demanded. A large group of Democrats joined most Republicans in passing the bill by a 235-191 vote.Trump once again reinforced his feelings towards James Comey in a social media post. Commenting on the accusation that the former FBI director called for him to be killed after posting a picture of some seashells in a pattern showing 86 47, Trump wrote: ““86” is a mob term for “kill him.” They say 86 him! 86 47 means “kill President Trump.”James Comey, who is a Dirty Cop, one of the worst, knows this full well! EIGHT MILES OUT, SIX FEET DOWN! Didn’t he also lie to the FBI about this??? I think so!”. Trump is the 47th president of the US.The US supreme court’s conservative majority struck down a major element of the Voting Rights Act which protects against racial discrimination in redistricting, in a ruling that paves the way for aggressive gerrymandering in states across the nation that could affect elections for years to come.The Florida Legislature approved a new congressional map intended to maximize Republicans’ advantage in the state as part of the national redistricting battle that Republicans launched ahead of this year’s midterms.Outgoing Federal Reserve chair Jerome Powell said he will stay on as a central bank governor when his leadership term ends in just over two weeks.The Department of Justice announced on Wednesday that three anti-ICE protesters have been charged with allegedly assaulting Savannah Hernandez, a rightwing video journalist who was shoved to the ground during a skirmish with three members of a family outside an immigration detention facility in St Paul Minnesota this month. Continue reading...

Lack of a sustained plan to end the war has convinced US allies that the White House is running out of ideasNearly eight weeks after Donald Trump launched his assault on Iran, the White House has shifted from a strategy of shock-and-awe bombardments and leadership decapitation to a plan of sustained economic pressure as it tests the wills of a regime practiced over decades at wars of attrition.Since the negotiations stalled, the White House has begun to shift its messaging to say it is willing to wait to strike a more durable deal with Iran – despite the growing economic toll inflicted on the world economy by the closure of the strait of Hormuz. The reason, senior officials have said, is because of the joint US-Israeli strikes were so successful that they have fractured Iran’s leadership and prevented a new consolidation of power. Continue reading...

Rival to government plans would scrap net zero policies, as party aims to woo sector after decades of job lossesReform UK has asked steel bosses to draw up an “alternative steel strategy” to rival recent government plans, stoking industry fears over a charm offensive by Nigel Farage’s party as it eyes gains in former Labour heartlands.Richard Tice, Reform’s deputy leader, met a group of bosses shortly before Labour announced new steel tariffs in March and commissioned them to draft a competing plan that will include scrapping net zero policies. Continue reading...

Tensions around US negotiations may reflect mistake of assassinating more pragmatic and experienced figuresMiddle East crisis – live updatesDonald Trump has claimed that the infighting between moderates and hardliners in Iran’s leadership is so intense that the country has “no idea who their leader is”, but many Iranian experts questioned his analysis, saying that – given the mass assassinations of senior commanders – the country has shown remarkable institutional cohesion.Trump’s allegations of “CRAZY” splits in the Iranian leadership – the second outing for this argument in three days – is remarkable since he has previously said either he has little knowledge of the new Iranian leadership or that there has already been regime change. Continue reading...

• Global private markets platform Moonfare announced a new AI-focused technology strategy targeting early and growth-stage investments for diversified US-relevant AI exposure. • Strategy features curated portfolio of leading growth managers plus direct investments in category-leading US technology companies driving AI innovation. • Aims to capitalize on transformative AI advancements, providing investors access to high-potential startups in the booming sector.

• The United Kingdom, United States, Italy, and France have jointly emphasized the urgent need for peace, stability, and long-term prosperity in the Middle East as the Iran crisis threatens global economic and security interests. • The four Western powers are coordinating on a de-escalation strategy focused on protecting civilian lives, safeguarding global energy routes, and reopening key trade corridors including the Strait of Hormuz. • Western officials have highlighted concerns over global energy disruption, inflation risks, and the need for immediate diplomatic resolution amid the escalating regional tensions.

Health secretary says NHS is ‘failing women’ and pledges to end ‘gaslighting’ by doctorsWes Streeting has vowed to stop women being “gaslit” by doctors as he relaunches the women’s health strategy for England.Speaking before the publication of the renewed strategy on Wednesday, Streeting said the NHS was “failing women” and set out measures to help them access the healthcare they need. Continue reading...

• Recent geopolitical tensions are fundamentally altering maritime shipping routes for energy commodities worldwide. • Energy shipping companies are implementing agile strategies to navigate heightened tensions and supply chain disruptions. • The shift in maritime logistics has broader implications for global energy prices and international trade networks.

• President Trump stated US objectives in the Iran conflict are nearly achieved yet simultaneously threatened even more intense strikes in the weeks ahead, creating confusion about American strategy. • With no declared exit strategy and rising fears of Iranian retaliation, analysts question whether the military campaign is winding down or entering a more dangerous phase. • UK-led talks planned for next week in London will include plans for possible military actions to clear the Strait of Hormuz, with the US not involved in these negotiations.

• Financial advisors are recommending patience for investors amid extreme market swings, noting that historical data shows staying invested typically outperforms reactive selling during crises—even during wartime. • The S&P 500 has retreated to levels not seen since August 2025, with three major indexes all significantly below their recent peaks as geopolitical uncertainty continues to roil markets. • Investment strategists emphasize that while current volatility is unsettling, panic-driven decisions often lock in losses and can result in missed opportunities for recovery.

• Meta is reducing its workforce while simultaneously increasing investment in artificial intelligence capabilities and research. • The company is shifting resources to prioritize AI development over other business areas, signaling a strategic pivot in corporate priorities. • This move reflects broader industry trends where major tech companies are reallocating capital toward AI infrastructure and models despite economic pressures.

• Trump's AI adviser David Sacks defended the decision to allow UAE access to powerful American semiconductor technology, calling it a turning point for establishing US tech dominance globally. • The UAE's $1.4 trillion investment and economic framework with the US, announced last year, continues as planned with accelerated deployment and funding in AI, energy, advanced manufacturing, and critical infrastructure. • Trump's 2025 visit to the UAE resulted in plans for a 5GW UAE-US AI Campus, a major joint infrastructure initiative.