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Simply the latest news, updated on the hour.

Mon, Jun 1, 2026, 9:56 PM EDT

World

AI Summary

  • BP is divesting a 5% stake in a significant Australian LNG project valued at $35 billion, while Indian refiners are freezing domestic jet fuel prices amidst a global energy market experiencing price shocks impacting U.S. retailers.
  • Alphabet is undertaking an $80 billion equity raise, including a substantial ATM offering and a discounted deal with Berkshire Hathaway, to finance capital expenditures, as tech firms like GoPro signal potential survival issues due to AI-driven memory demands.
  • Global geopolitical tensions remain high with reports of Trump's critical remarks towards Netanyahu, ongoing Israeli incursions into Lebanon, and Iran threatening to suspend peace talks, alongside Russian export bans on jet fuel impacting Ukraine.
  • The AI sector is seeing rapid development with Anthropic confidentially filing for an IPO and Google seeking federal approval for mosquito releases, juxtaposed against concerns over AI's impact on creative industries and the ethical considerations of its deployment.
  • Emerging markets face economic and political turbulence, evidenced by election outcomes in Colombia, a sweeping anti-LGBTQ+ law in Ghana, and ongoing scrutiny of race relations and public health crises like Ebola in regions including Ireland and the DRC.

ZeroHedge

  • L.A.'s Choice: More Dysfunction Or Spencer Pratt? 20 minutes ago by Tyler Durden

    L.A.'s Choice: More Dysfunction Or Spencer Pratt? Authored by Victoria Taft via PJ Media , Spencer Pratt has a "shot" to win the Los Angeles mayor's race, according to the latest polling. The first thing Angelenos need to begin the biggest turnaround in L.A. history, however, is to admit the city has a problem: self-imposed dysfunction. Then they need to vote for someone who didn't relish in causing it. The choice going into Tuesday's top two primary election is really that simple. As we go into the final day of voting in the Los Angeles mayoral race, there are three

  • Jill Biden's Memoir Tour Is Getting Trashed From The Left an hour ago by Tyler Durden

    Jill Biden's Memoir Tour Is Getting Trashed From The Left Jill Biden has launched a book tour for her new memoir, View from the East Wing , in what appears to be an effort to salvage her husband's political legacy after his 2024 campaign collapsed following his disastrous debate with President Trump. Instead, she's reopening a wound Democrats spent two years trying to let heal. Now, former aides, party operatives, and even friendly media figures are speaking out. Last week, the former first lady sat down with CBS News correspondent Rita Braver and claimed that when she watched her husband

  • Trump Reportedly Ripped Netanyahu In Phone Call, Demanded Lebanon Truce: 'You're F**king Crazy, I'm Saving Your Ass' an hour ago by Tyler Durden

    Trump Reportedly Ripped Netanyahu In Phone Call, Demanded Lebanon Truce: 'You're F**king Crazy, I'm Saving Your Ass' Summary Axios reports angry call between Trump and Netanyahu; Trump is said to have told Netanyahu "you’re fucking crazy’" while demanding Lebanon truce: "I’m saving your ass," Trump has announced the "shooting will stop" in Lebanon , after phone calls with both sides. Says Iran talks back on "at rapid pace" ; Lebanese presidency confirms Hezbollah agreed to US ceasefire proposal Iran announces halt to all exchanges with US , citing Israeli aggression in Lebanon. Trump says 'haven't heard' this from Tehran, vows

  • BP Sells 5% Stake In Australia's Newest $35 Billion LNG Project an hour ago by Tyler Durden

    BP Sells 5% Stake In Australia's Newest $35 Billion LNG Project By Tsvetana Paraskova of OilPrice.com BP will sell 5% in the $35-billion Browse LNG project in Australia, which Australian energy giant Woodside is looking to progress, the UK-based supermajor told Reuters on Monday. BP is selling the 5% stake, out of its total of its 44% interest, to South Korea's GS Energy. “The dilution reflects BP’s disciplined approach to portfolio management by bringing in a committed partner,” BP said in a statement emailed to Reuters. The Browse LNG project in Australia, proposed by Woodside Energy, entails the Browse to

  • How U.S. Retailers Are Absorbing The Fuel-Price Shock 2 hours ago by Tyler Durden

    How U.S. Retailers Are Absorbing The Fuel-Price Shock We have diligently tracked the Gulf-related fuel-price shock hitting the American consumer, with prices rising at the fastest rate in three years , personal savings depleted, and spending still running hot, a trend Goldman flags as increasingly troubling for the broader economy. This cocktail has revived uncomfortable memories of the 1970s: higher energy costs, squeezed households , and a consumer still spending into weakness. But another important area of coverage is how companies are faring as freight, fuel, and supplier costs, along with tariff pressures, bleed through supply chains. Early read-throughs from


The Guardian

  • People ‘panicking’ as Ghana passes sweeping law criminalising LGBTQ+ activity 14 hours ago by John Musenze
    Global development, LGBTQ+ rights, Ghana, Africa, World news, Human rights

    Community groups say some fear they could lose homes, jobs and access to healthcare if the new law is ratified by President John Dramani Mahama Ghana’s LGBTQ community is living in fear after the country’s parliament approved a sweeping bill that criminalises the promotion of LGBTQ+ activities and identifying as lesbian, gay, bisexual, transgender or queer, rights groups have warned. The legislation, which was passed on Friday, mandates prison sentences of three to 10 years. Continue reading...

  • UK will not have to pay Rwanda £100m over failed asylum scheme, court rules 15 hours ago by Rajeev Syal Home affairs editor
    Immigration and asylum, Rwanda, UK news, Africa, World news, Netherlands

    Rwanda had sued UK government over alleged breach of agreement, after scheme scrapped by Labour on first day in office The UK will not have to pay the Rwandan government millions of pounds over a failed migrant deportation scheme set up by Boris Johnson’s administration, an international court has ruled. The east African nation had sued the current UK government for more than £100m, claiming it was owed after a breach of an agreement. Continue reading...

  • Wildfires devastating richer areas but fewer hectares burned globally – study 20 hours ago by Ajit Niranjan
    Wildfires, Extreme weather, Air pollution, Climate crisis, Pollution, Environment, Europe, California, Scotland, Africa, Research, University of East Anglia

    ‘Megafires’ in California, Canada, South Korea and Europe in 2025, but changes to farming slowed spread in parts of Africa “Devastating” wildfires ripped across the wealthier parts of the world in 2025, a study has found, even as globally, the area ravaged by flames fell. Catastrophic blazes claimed lives, homes and jobs last year in California, Canada, Europe and South Korea. But the 335m hectares burned was the second-lowest since 2002, the review found, largely owing to the expansion of African farms that have fragmented landscapes and hampered the spread of large savannah fires. Continue reading...

  • WHO calls for community cooperation to contain Ebola outbreak in DRC a day ago by Rory Carroll
    Ebola, Democratic Republic of the Congo, UK news, Africa, Health

    Tedros Adhanom Ghebreyesus makes appeal after protests against protocols for handling victims’ bodies in Ituri province Containing the Ebola outbreak in the Democratic Republic of Congo requires community cooperation and is “everybody’s business”, the World Health Organization has said. Tedros Adhanom Ghebreyesus , the organisation’s director general, made the plea on Sunday during a visit to eastern Congo where some residents have protested against stringent medical protocols for handling victims’ bodies. Continue reading...

  • Death of Congolese man renews scrutiny of race relations in Ireland 2 days ago by Rory Carroll Ireland correspondent
    Ireland, Democratic Republic of the Congo, Africa, Race, Europe, World news

    Yves Sakila died after being restrained by security guards ‘in broad daylight’ Irish authorities have agreed to a second postmortem on the body of a Congolese man who died after being restrained by shop security guards on a Dublin street, prompting an outcry and comparisons to the death of George Floyd . A forensic pathologist from England is to conduct an independent postmortem this week on Yves Sakila, 35, an alleged shoplifter who was pursued and pinned to the ground in the city centre on 15 May. The police force, An Garda Síochána, is investigating. Continue reading...


South China Morning Post

  • Senators blast Trump for allowing AI chips to be sent to overseas units of Chinese firms 3 hours ago by Reuters

    Democratic Senators Elizabeth Warren and Andy Kim on Monday slammed the Trump administration for potentially allowing advanced American AI chips to ‌be sent to overseas units of Chinese firms, and called on Commerce Secretary Howard Lutnick to testify to Congress on the issue, according to a statement. In a surprise move, the Department of ⁠Commerce, which oversees US exports, on Sunday issued guidance to ‌close a potential loophole that may have led companies to export the world’s most advanced...

  • China urges Brazil to jointly repel ‘external challenges’ as ties deepen in Beijing 4 hours ago by Igor Patrick

    China’s top diplomat said on Monday that Beijing and Brasilia should “jointly repel external challenges”, as the two countries opened a high-level strategic dialogue in Beijing. Foreign Minister Wang Yi made the remark during a visit by his Brazilian counterpart, Mauro Vieira, who arrived in the Chinese capital this weekend for the fifth Global Strategic Dialogue between the two governments. “Practical cooperation in all areas has been steadily enhanced, and the two peoples have never been so...

  • Philippines’ bet on shaky investment pledges from the US risks China’s ire 5 hours ago by Richard Heydarian

    “You have absolutely no idea of what you’re talking about. The whole point of Pax Silica is to partner with countries who are good at doing different things because everyone wins from a secure supply chain,” wrote US Undersecretary of State for Economic Affairs Jacob Helberg on a social media website in response to an online critic of the US strategic initiative with the Philippines. The spirited exchange came after Manila’s reported rejection of a request to extend diplomatic immunity to US...

  • Trump’s US$1.8 billion ‘weaponisation’ fund on hold after fierce opposition from Congress 5 hours ago by Reuters

    US President Donald Trump’s US$1.8 billion ⁠fund to compensate victims of alleged government “weaponisation” has been put on hold after the White House faced fierce opposition from Republicans in Congress, three sources familiar with the plan said on Monday. The extraordinary rebuke of Trump underscored an increased appetite to flex political power among some Republican senators against the president’s actions, particularly after his endorsement against two of ‌their Senate colleagues ahead of a...

  • China’s SAIC plans to build first EU car plant in Spain’s Galicia 6 hours ago by Reuters

    China’s SAIC Motor plans to set ⁠up a car ⁠factory in Spain’s ⁠northwestern region of Galicia that would be its first production facility in the European Union, the regional government said on Monday. Galicia’s leader Alfonso Rueda said his administration ‌had given strategic priority to the project, with an initial investment envisaged at around €200 million (US$232 million). The project, which includes a logistics hub, still requires the central government’s approval for foreign direct...


New York Times

  • Losing Trust in Justice Dept., Judges Call Out Its Lawyers’ Behavior 12 hours ago by Mattathias Schwartz
    United States Politics and Government, Federal Courts (US), Legal Profession, Courts and the Judiciary, United States Attorneys, Justice Department, Trump, Donald J, Homeland Security Department

    The federal courts have long assumed that the government’s lawyers are trustworthy. Now judges across the country are criticizing their lack of candor.

  • Trump Backs Off Plans for $1.8 Billion Fund After Backlash 4 hours ago by Matthew Cullen

    Also, Serena Williams is making a comeback. Here’s the latest at the end of Monday.

  • Trump Finds High-Wire Iran Negotiations ‘Very Boring’ 4 hours ago by David E. Sanger
    Iran, Persian Gulf, Strait of Hormuz, Trump, Donald J, US and Israeli Attack on Iran (2026), United States Politics and Government, International Relations, United States International Relations

    President Trump told CNBC that he “couldn’t care less” if the negotiations with Iran break down.

  • U.S. Says More People May Be Charged in Terror Case Linked to Iran 2 hours ago by Olivia Bensimon and Benjamin Weiser
    Islamic Revolutionary Guards Corps, Iran, United States Politics and Government, Middle East, Europe, New York City, Terrorism, Anti-Semitism, Synagogues, Federal Bureau of Investigation, Police Department (NYC)

    A militia leader pleaded not guilty on Monday to what prosecutors say is his role in attacks that are part of Iran’s response to the war with Israel and the United States.

  • Oil Prices Jump as Middle East Tensions Build 6 hours ago by Rebecca F. Elliott and Joe Rennison
    US and Israeli Attack on Iran (2026), Oil (Petroleum) and Gasoline, War and Armed Conflicts, Prices (Fares, Fees and Rates), Peace Process, Stockpiling, Ships and Shipping, Islamic Revolutionary Guards Corps, Israel, Iran, Persian Gulf, Strait of Hormuz, United States, United States Politics and Government, United States International Relations

    Some analysts said the main international oil price, which was up 6 percent on Monday, could climb much higher in the coming weeks if the Strait of Hormuz doesn’t reopen.


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