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Global Briefing May 6

US-Iran One-Page Memo Nears as Hormuz War Hits Aviation

US envoys are "very close" to a 14-point memorandum with Tehran that would halt the war and open 30 days of nuclear talks; on the same day, Iran struck the CMA CGM container ship San Antonio in Hormuz despite a US Navy escort. Airlines cut 9.3 million seats for June–September as jet fuel rose 80 percent; ASEAN leaders in Cebu turned the summit into a fuel-and-food crisis session. China's Wang Yi called a Hormuz ceasefire an "urgent priority" in Beijing talks with Iran's Abbas Araghchi; US national debt hit $31.265 trillion, 100.2 percent of GDP — the first since 1946.

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us · United States

Trump Can't End Iran War, So He Changes Subject

This was the week the Iran war stopped being a foreign-policy story for Americans and became a domestic one: inflation hit a three-year high of 4.2%, petrol is up 39% since the fighting began, and a hundred days in the average household is $750 poorer. The economy is somehow still adding jobs. But unable to end the war that is driving the prices, the president spent the week fighting on every other front instead — his own last election, naturalised citizens, China, and the spy law that briefs him each morning.

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gb · United Kingdom

Britain Runs Out of Money for Defence and Order

John Healey's resignation as defence secretary was not an ordinary reshuffle: he walked out accusing Keir Starmer and the Treasury of refusing to pay for Britain's defence at the most dangerous moment since the Cold War, the week the entire fleet of attack submarines sat in dock. And as the state struggled to fund the things that keep a country safe abroad, it was visibly losing its grip on order at home — the Henry Nowak murder, riots in Belfast, a stabbing in a Manchester school. A government is meant to be able to do both. This one, this week, could do neither.

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fr · France

Lyhanna Murder Puts French State on Trial

The killing of 11-year-old Lyhanna did what no ordinary political crisis had managed: it put the French state itself in the dock. Her suspected killer had been accused of raping a 10-year-old the previous August and was never questioned. More than 60,000 people marched; the justice minister apologised and ordered a review of 70,000 abuse cases while refusing to resign; the far right demanded his head. Abroad, France was helping lead the diplomacy to end the war in Ukraine. At home, it could not protect a child it had been warned about.

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de · Germany

Merz Bets Germany's Future on Autonomy as US Pulls 5,000 Troops

Friedrich Merz has made his choice: a Germany less dependent on an America it no longer trusts. This week he absorbed the loss of 5,000 US troops pulled out over his criticism of the Iran war, killed the €100bn FCAS fighter jet with France, and offered Ukraine a seat inside the EU. It is a coherent bet on strategic autonomy. The catch is that the costs are arriving at home — a suspected extremist arson that blacked out 40,000 homes, and a record 85,837 politically motivated crimes — before the autonomy does.

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ua · Ukraine

Ukraine Offers to Freeze War by Escalating Strikes

Ukraine spent the week doing two things that only look contradictory: offering to freeze the war and fighting it harder than ever. Zelenskyy signalled he would accept halting the conflict along the current front line, and Europe lined up behind him. At the same time his long-range drones set Russia's fuel system alight, spreading petrol shortages to 25 regions. The escalation is not at odds with the peace offer — it is what gives the offer its weight. Whether Moscow ever picks it up depends less on the talks than on how dry Russia's pumps run.

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tr · Turkey

Erdoğan Declares Turkey a 'Playmaker' at Security Conference

Erdoğan spent the week looking indispensable to the world — mediating between Washington and Tehran, branding Turkey a regional 'playmaker', and savaging Netanyahu over Gaza. It is real influence, and it has a domestic use. The more the West needs Ankara, the freer his hand at home, where he has jailed his strongest rival and hundreds of opposition officials and will host NATO's leaders next month behind 40,000 security personnel. The same assertiveness that makes Turkey useful to Washington also had its jets harassing European defence ministers off Cyprus.

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Day in Review

All Events

Every other event tracked today, with a one-line preview. Click Show summary to read more.

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fr95

Iran strikes French-operated container ship in Strait of Hormuz despite US naval escort

Iran struck the CMA CGM container ship San Antonio in the Strait of Hormuz on Tuesday evening, setting the engine room ablaze and injuring crew despite a US Navy escort under Project Freedom. President Trump paused the escort mission "for a short time" citing "great progress" toward a deal, while Joint Chiefs Chair Gen. Dan Caine reported Iran had hit US forces more than ten times and commercial ships nine times since the April ceasefire.

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Iran struck the CMA CGM container ship San Antonio in the Strait of Hormuz on Tuesday evening, setting the engine room ablaze and injuring crew despite a US Navy escort under Project Freedom. President Trump paused the escort mission "for a short time" citing "great progress" toward a deal, while Joint Chiefs Chair Gen. Dan Caine reported Iran had hit US forces more than ten times and commercial ships nine times since the April ceasefire.

us95

US and Iran near one-page memorandum to end war and open 30-day nuclear talks

US envoys Steve Witkoff and Jared Kushner are close to a one-page, 14-point memorandum of understanding with Iran that would end the war and open a 30-day window for detailed talks on Iran's nuclear programme, sanctions relief and the reopening of the Strait of Hormuz, US officials and Pakistani mediators said. The uranium enrichment moratorium under negotiation runs 12 to 15 years — between Iran's offer of five and Washington's demand of twenty — alongside US release of billions in frozen Iranian funds. Secretary of State Marco Rubio cautioned the deal need not be written in a day, called some Iranian leaders "insane in the brain" and said it was unclear whether they would close it.

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US envoys Steve Witkoff and Jared Kushner are close to a one-page, 14-point memorandum of understanding with Iran that would end the war and open a 30-day window for detailed talks on Iran's nuclear programme, sanctions relief and the reopening of the Strait of Hormuz, US officials and Pakistani mediators said. The uranium enrichment moratorium under negotiation runs 12 to 15 years — between Iran's offer of five and Washington's demand of twenty — alongside US release of billions in frozen Iranian funds. Secretary of State Marco Rubio cautioned the deal need not be written in a day, called some Iranian leaders "insane in the brain" and said it was unclear whether they would close it.

gb92

Met Police deploys 100-officer team for London's Jewish communities as April antisemitic offences hit 140

The Metropolitan Police is deploying a new 100-officer Community Protection Team to safeguard London's Jewish communities after a series of arson attacks on Jewish sites and a double stabbing in Golders Green being investigated as terrorism. April saw 140 antisemitic hate crimes recorded in the capital — up from 98 in March and 67 in February, the highest monthly total since the Met changed its hate-crime recording in March 2024 — with 51 of those offences in Barnet alone. The unit, drawn from neighbourhood, specialist-protection and counter-terror officers, is funded by £18 million of a £25 million Home Office package; about 50 people have been arrested and eight charged in recent weeks.

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The Metropolitan Police is deploying a new 100-officer Community Protection Team to safeguard London's Jewish communities after a series of arson attacks on Jewish sites and a double stabbing in Golders Green being investigated as terrorism. April saw 140 antisemitic hate crimes recorded in the capital — up from 98 in March and 67 in February, the highest monthly total since the Met changed its hate-crime recording in March 2024 — with 51 of those offences in Barnet alone. The unit, drawn from neighbourhood, specialist-protection and counter-terror officers, is funded by £18 million of a £25 million Home Office package; about 50 people have been arrested and eight charged in recent weeks.

us90

U.S. national debt surpasses 100% of GDP, interest payments now exceed defense spending

The U.S. national debt reached $31.265 trillion as of March 31, equivalent to 100.2% of GDP, the first time the ratio has exceeded 100% since 1946. Net interest payments on the debt surpassed defense spending in 2024, and the Congressional Budget Office projects they will nearly double defense spending by 2036. The milestone has divided economists and policymakers, with some warning of shrinking fiscal room and others arguing the U.S. benefits from the dollar's reserve-currency status.

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The U.S. national debt reached $31.265 trillion as of March 31, equivalent to 100.2% of GDP, the first time the ratio has exceeded 100% since 1946. Net interest payments on the debt surpassed defense spending in 2024, and the Congressional Budget Office projects they will nearly double defense spending by 2036. The milestone has divided economists and policymakers, with some warning of shrinking fiscal room and others arguing the U.S. benefits from the dollar's reserve-currency status.

ua90

Western governments and US Congress back Ukraine's immediate ceasefire as Russia resumes strikes

Foreign ministers from Germany, Sweden, Belgium, Finland, Spain, Latvia, Lithuania, Estonia, Malta and Norway, joined by the Congressional Ukraine Caucus, publicly endorsed Kyiv's call for an unconditional ceasefire from the night of May 5–6, urging Moscow to accept rather than wait for its self-declared May 8–9 Victory Day pause. Belgium's Maxime Prévot called Russia's limited truce "a PR exercise"; Lithuania's Kęstutis Budrys said any ceasefire "cannot be dictated by the calendar of Russia's war-glorifying parade." The Ukrainian Air Force reported Russia resumed airstrikes from the first hours of May 6, while Slovak Prime Minister Robert Fico is still due in Moscow on May 9 to meet Vladimir Putin.

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Foreign ministers from Germany, Sweden, Belgium, Finland, Spain, Latvia, Lithuania, Estonia, Malta and Norway, joined by the Congressional Ukraine Caucus, publicly endorsed Kyiv's call for an unconditional ceasefire from the night of May 5–6, urging Moscow to accept rather than wait for its self-declared May 8–9 Victory Day pause. Belgium's Maxime Prévot called Russia's limited truce "a PR exercise"; Lithuania's Kęstutis Budrys said any ceasefire "cannot be dictated by the calendar of Russia's war-glorifying parade." The Ukrainian Air Force reported Russia resumed airstrikes from the first hours of May 6, while Slovak Prime Minister Robert Fico is still due in Moscow on May 9 to meet Vladimir Putin.

de90

Forsa poll finds 13 percent satisfied with Merz as German government hits record low approval

A Forsa poll for RTL/n-tv's Trendbarometer found only 13 percent of Germans satisfied with Chancellor Friedrich Merz and 11 percent satisfied with his CDU/CSU–SPD government — record lows since the coalition took office. Dissatisfaction reaches 89 percent on the economy, inflation, pensions and health, and 95 percent among 18- to 29-year-olds, blue-collar workers and the self-employed; 82 percent of SPD voters and 56 percent of Union supporters are unhappy with the government's work. Only 17 percent rate Merz a better chancellor than predecessor Olaf Scholz, and just one in ten believes either the government or the chancellor can recover significant trust this year.

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A Forsa poll for RTL/n-tv's Trendbarometer found only 13 percent of Germans satisfied with Chancellor Friedrich Merz and 11 percent satisfied with his CDU/CSU–SPD government — record lows since the coalition took office. Dissatisfaction reaches 89 percent on the economy, inflation, pensions and health, and 95 percent among 18- to 29-year-olds, blue-collar workers and the self-employed; 82 percent of SPD voters and 56 percent of Union supporters are unhappy with the government's work. Only 17 percent rate Merz a better chancellor than predecessor Olaf Scholz, and just one in ten believes either the government or the chancellor can recover significant trust this year.

ua88

Russian strikes kill six, wound 14 in Donetsk region

Russian forces killed six people and injured 14 in Ukraine's Donetsk region on May 5, regional governor Vadym Filashkin reported. Six people were killed and 13 wounded in Kramatorsk, where three high-explosive aerial bombs hit the city center, and one more person was injured in Druzhkivka. The total documented toll in the region stands at 4,053 killed and 9,394 injured, excluding Mariupol and Volnovakha.

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Russian forces killed six people and injured 14 in Ukraine's Donetsk region on May 5, regional governor Vadym Filashkin reported. Six people were killed and 13 wounded in Kramatorsk, where three high-explosive aerial bombs hit the city center, and one more person was injured in Druzhkivka. The total documented toll in the region stands at 4,053 killed and 9,394 injured, excluding Mariupol and Volnovakha.

de88

Merz rules out minority government or new elections as German coalition marks first anniversary amid tensions

German Chancellor Friedrich Merz (CDU) on Tuesday ruled out forming a minority government or calling new elections, speaking on the eve of the first anniversary of his coalition with the Social Democrats (SPD). "A minority government is not an option for me," Merz told the CDU Economic Council's Business Day. The coalition, which holds a narrow parliamentary majority, has been strained by policy disputes and internal criticism from both parties.

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German Chancellor Friedrich Merz (CDU) on Tuesday ruled out forming a minority government or calling new elections, speaking on the eve of the first anniversary of his coalition with the Social Democrats (SPD). "A minority government is not an option for me," Merz told the CDU Economic Council's Business Day. The coalition, which holds a narrow parliamentary majority, has been strained by policy disputes and internal criticism from both parties.

tr88

Istanbul prosecutors seize Böcek family assets in TL 195 million Antalya bribery case

Istanbul's Chief Prosecutor's Office has ordered the seizure of all assets belonging to former Antalya mayor Muhittin Böcek of the opposition CHP, his son Mustafa Gökhan Böcek and daughter-in-law Zuhal Böcek, who was detained on April 30 on money laundering charges. Böcek and his son are accused of taking TL 195 million ($4.31 million) in bribes from companies seeking municipal construction permits, and of laundering the proceeds through jewellery stores and currency exchanges. The case has expanded into a parallel Istanbul corruption probe in which former Istanbul mayor Ekrem İmamoğlu and dozens of municipal bureaucrats and businesspeople were arrested last year.

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Istanbul's Chief Prosecutor's Office has ordered the seizure of all assets belonging to former Antalya mayor Muhittin Böcek of the opposition CHP, his son Mustafa Gökhan Böcek and daughter-in-law Zuhal Böcek, who was detained on April 30 on money laundering charges. Böcek and his son are accused of taking TL 195 million ($4.31 million) in bribes from companies seeking municipal construction permits, and of laundering the proceeds through jewellery stores and currency exchanges. The case has expanded into a parallel Istanbul corruption probe in which former Istanbul mayor Ekrem İmamoğlu and dozens of municipal bureaucrats and businesspeople were arrested last year.

86

China urges reopening of Strait of Hormuz and ceasefire in Iran war during talks with Iranian foreign minister

Chinese Foreign Minister Wang Yi on Wednesday called for the Strait of Hormuz to be reopened "as soon as possible" and said achieving a comprehensive ceasefire in the US-Israeli war on Iran was an "urgent priority" during talks in Beijing with Iranian Foreign Minister Abbas Araqchi. Araqchi, making his first visit to China since the war began on February 28, thanked Beijing for its "firm stance" and said bilateral cooperation would become stronger. The meeting comes a week before US President Donald Trump is scheduled to hold a summit with Chinese leader Xi Jinping on May 14-15.

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Chinese Foreign Minister Wang Yi on Wednesday called for the Strait of Hormuz to be reopened "as soon as possible" and said achieving a comprehensive ceasefire in the US-Israeli war on Iran was an "urgent priority" during talks in Beijing with Iranian Foreign Minister Abbas Araqchi. Araqchi, making his first visit to China since the war began on February 28, thanked Beijing for its "firm stance" and said bilateral cooperation would become stronger. The meeting comes a week before US President Donald Trump is scheduled to hold a summit with Chinese leader Xi Jinping on May 14-15.