• President Trump notified Congress that hostilities with Iran have been terminated, marking a significant shift in the ongoing conflict.
• The administration stated it is "not satisfied" with Iran's initial proposal to end the war, but negotiations appear to be continuing through diplomatic channels.
• Trump considers continued criticism of the US war effort as "treasonous," signaling a hardline stance on national security messaging.
• Market experts identify fundamentally strong value stocks as attractive investment opportunities following recent market corrections driven by geopolitical tensions and crude oil price volatility.
• Analysts recommend disciplined investors focus on quality companies trading at depressed valuations rather than panic-driven selling, viewing current market weakness as potential entry points for long-term wealth creation.
• Selective turnaround stocks and NBFC sector opportunities are highlighted as potential beneficiaries of market recovery, with emphasis on portfolio construction based on fundamental strength rather than technical indicators.
Investigation found Botstein – who had claimed he wasn’t friends with Epstein – made 25 visits to his townhouseLeon Botstein has announced he is stepping down from the helm of Bard College, after an independent review of his contacts with Jeffrey Epstein found the college president’s frequent interactions with the convicted sex offender “could have alerted” him to the possibility that he and Bard would be facilitating Epstein’s abuse of women.An investigation by the WilmerHale law firm, which had been commissioned by Bard’s board of trustees earlier this year to review Botstein’s interactions with Epstein, found the Bard president – who had previously claimed he was not friends with Epstein – made about 25 visits to Epstein’s townhouse, a two-day visit to Epstein’s Little St James Island, and that there were two visits by Epstein to Bard. These visits, WilmerHale reported, included “multiple women” who have since been identified as victims of Epstein. Continue reading...
President seemed to suggest that legislative deadline to approve war no longer applies as Democrats push backUS politics live – latest updatesSign up for the Breaking News US newsletter emailDonald Trump said in a letter sent to congressional leaders on Friday that hostilities with Iran have “terminated”, suggesting that the 60-day deadline to seek approval from the legislative branch no longer applied.Friday marks 60 days since the US president notified members of Congress that the US and Israel launched strikes against Iran on 28 February. Under the War Powers Act of 1973, the president can deploy troops to respond to an “imminent threat” but must receive congressional approval within 60 days to continue military operations. Continue reading...
US president says tariff on cars and lorries will rise to 25% and accuses European Union of non-complianceDonald Trump has said he is tearing up part of the tariff deal he struck with EU leaders at his golf course in Scotland last summer, criticising Brussels for taking so long to ratify the deal.Blindsiding Brussels late on May Day bank holiday on Friday, he announced that he would be increasing tariffs on cars and lorries imported into the US from the EU from 15% to 25% from next week. Continue reading...
Labour called SNP first minister John Swinney ‘shameless’ for claiming credit when it was the result of king’s US visitDonald Trump’s announcement that he will lift punishing US tariffs on scotch whisky has been overshadowed by a row between rival Scottish party leaders over claiming credit for the decision.The whisky industry and business leaders were delighted by the US president’s sudden announcement on his Truth Social network on Thursday that he would end the tariffs to mark the visit by King Charles and Queen Camilla. Continue reading...
Move comes after mayor Zohran Mamdani spoke on return of the Koh-i-noor diamond after UK royals’ visit to New YorkHundreds of antiquities valued at $14m have been returned to India by New York authorities, including some connected to the alleged art smuggler Subhash Kapoor, in a move that is likely to raise the pressure on others to make similar gestures.The return of 657 antiquities was announced by the Manhattan district attorney, Alvin Bragg Jr, on Tuesday, and came as New York City’s mayor, Zohran Mamdani, waded into the historically contentious ownership of the 105.6 carat Koh-i-noor diamond. Continue reading...
• The U.S. Justice Department charged Sinaloa state Governor Ruben Rocha Moya and nine other current and former Mexican officials with aiding the Sinaloa drug cartel on April 29, 2026.
• Indictments allege corruption including money laundering and protection rackets, marking a major blow to cartel operations.
• This escalates U.S.-Mexico tensions on fentanyl crisis and border security, with potential extradition battles ahead.
Home secretary pledges to ‘do everything in my power’ to keep British Jews safe as police say suspect is Somalia-born UK nationalShabana Mahmood has promised to “do everything in my power” to keep British Jews safe, as police said the suspect in the stabbing of two men in Golders Green, north London, on Wednesday was a 45-year-old British national born in Somalia.Ministers said a further £25m would be invested to increase security for Jewish communities after the suspected terrorist attack in north London. Continue reading...
Former FBI director indicted over social media post from last year of seashells arranged into ‘86 47’US politics live – latest updatesJames Comey surrendered to authorities on Wednesday at the eastern district of Virginia after the justice department indicted him this week for a second time.The former FBI director was indicted in North Carolina on Tuesday because of a post he made on social media last year of seashells arranged into the numbers “86 47” which the Department of Justice has called a threat against Donald Trump. The number 86 can be used as shorthand for getting rid of something, and Trump is the 47th president. Continue reading...
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