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The LeadTech entrepreneurs have mocked the government’s capital gains tax changes by posting AI-generated photos of Anthony Albanese as their “new founder” and warning that increased taxes could push people away from working for new businesses or send startups overseas. The Event DetailsThe capital gains tax (CGT) changes – replacing the 50% tax discount on profits with “cost-base indexation”, meaning tax on profits after inflation, and a minimum 30% tax rate – were strongly opposed by some tech founders. Early stage startup companies with little cashflow often offer employees equity in the company, or stock options, in lieu of higher pay, while founders can be motivated to take risks with new ventures by a large potential payday when they sell their companies. The Data AnalysisThe Tech Council of Australia warned that startups and entrepreneurs may yet receive a carve-out in the federal government’s planned changes to the CGT discount, with the prime minister saying he wanted to support innovation and the treasurer, Jim Chalmers, revealing that consultation was continuing with the sector. The Impact Analysis“There is work to do to ensure Australia’s startup community doesn’t become collateral damage as a result of proposed changes,” said the council’s chief executive, Kate Cornick. Tim Wilson, the shadow treasurer, warned of “founder flight” overseas. The cofounder of Boost Juice, Janine Allis, also warned that winding back CGT discounts would discourage innovative businesses. The PredictionA minor trend emerged among startup founders after budget night, with several posting AI-generated photos of Albanese in their offices. “He’s having a great time with his new 47% equity,” wrote Jacques Greeff, the founder of the communications app Kinso, who posted AI images of the prime minister in the office with his staff, coding their product and working with customers.

The Lebanon Ceasefire Extension Lebanon has welcomed an agreement with Israel to extend a fragile ceasefire by 45 days beyond Sunday's deadline following talks in the United States. The ceasefire extension comes as Israeli forces continued attacks on towns and villages in southern Lebanon, resulting in at least 12 people killed on Friday, including three paramedics. Iran's Openness to US Talks Iran's Foreign Minister, Abbas Araghchi, said during a BRICS meeting that Tehran had received communication from the administration of US President Donald Trump indicating openness to new negotiations aimed at ending the war. However, Araghchi noted a 'deadlock' remained over the issue of Iran's enriched nuclear material. The US Proposal Trump suggested he could be open to Iran placing its civilian nuclear programme on hold for two decades, provided Tehran demonstrates a genuine commitment to a broader agreement. Key Developments Iran open to China's help: Iran's Foreign Minister Abbas Araghchi said the US had sent messages indicating it was willing to continue talks, and that he was open to any support – including from China. Tehran details toll of attacks on Iranian capital: The municipal government said US-Israeli attacks during the war caused at least 650 impact incidents across the capital, killing more than 1,260 people and wounding at least 2,800. More ships pass through Hormuz: Iran is allowing more ships to pass through the strategic Strait of Hormuz, state television has reported, because 'many countries have accepted the new legal protocols' it has put in place. War Diplomacy China signals likely veto on Hormuz resolution: China's UN envoy Fu Cong criticised a proposed US-backed Security Council resolution on the Strait of Hormuz as 'not right' in both timing and content, signalling Beijing would likely oppose the measure alongside Russia. Israel, Lebanon extend ceasefire: Lebanon and Israel on Friday extended a ceasefire for 45 days, despite a new flare-up in violence, the US State Department said after mediating talks. Lebanon sees path to 'lasting stability': Lebanon's delegation at the talks in Washington said on Friday that the truce extension and the establishment of a US-facilitated security track pave the way for 'lasting stability'. The Impact on the Region The ongoing conflict and diplomatic efforts have significant implications for the region, with Lebanon's Ministry of Public Health reporting Israeli attacks have killed at least 2,951 people and wounded 8,988 others since renewed air raids and the ground invasion began on March 2. The Future Outlook The extension of the ceasefire and the signals of openness to talks between Iran and the US may pave the way for a de-escalation of tensions in the region. However, the situation remains fragile, and the impact of the conflict on civilians continues to be a major concern.

The Struggle for Par at AroniminkIt has been over 60 years since the US PGA Championship was held at Aronimink, and the modern-day players are finding the course far more punishing than anticipated. The tournament, which began with expectations of a winning score around 14 under par, has instead seen the field struggle to break par. The atmosphere is one of high schadenfreude for amateurs, watching the world's best endure the same weekend frustrations they face, while the purists appreciate the high standard of lag putting on display.Scheffler's Resilient 71 Amidst 'Absurd' ConditionsWorld number one Scottie Scheffler admitted that the pin positions were the primary culprit for the day's difficulty. Describing the setup as the hardest he has seen since the US Open, Scheffler criticized the committee for placing pins on the ridges of the vast, fast, and rippled greens. Despite bogeys on three of his first four holes, Scheffler managed a round of 71 to finish at two under, keeping himself firmly in the hunt.'Most of the pins today were kind of absurd,' Scheffler stated. 'This is the hardest set of pin locations that I’ve seen since I’ve been on tour.' He highlighted the 14th hole as particularly brutal, where pins were placed directly on the spine of the green, requiring a two-putt from 80ft.The Compression of the LeaderboardThe extreme difficulty has resulted in a tightly packed leaderboard, where a score of two under is sufficient for contention. Alex Smalley and Maverick McNealy lead the pack at four under, while Hideki Matsuyama and Min Woo Lee are just two shots back. Even the heavy hitters like Rory McIlroy are struggling, having failed to recover from a disastrous opening day.Top Contenders: Scheffler, Cameron Young, Justin Thomas, and Ludvig Åberg are tied in ninth, lurking an eagle off the lead.Young Stars: Aldrich Potgieter, the longest driver on tour, showed promise before faltering on the final holes.Scoring Reality: The winning score is expected to be significantly lower than the initial 14 under prediction.The Future of Major Course DesignThe current setup at Aronimink, designed by Donald Ross, raises questions about the balance between challenge and enjoyment. Scheffler questioned whether making the game harder is the right approach for a major championship. The debate centers on whether the 'pleasure' of the game is being sacrificed for a 'penance,' especially when the difficulty stems from artificial pin placements rather than pure skill.Weekend Outlook: Sun and Scoring?With the forecast promising sun for the weekend, there is hope that the scoring will warm up alongside the weather. However, given the current state of the greens and the wind, the competition is expected to remain fierce. The weekend will likely be defined by who can best navigate the 'absurd' pin positions and handle the pressure of a compressed leaderboard.

The Return of Smoggie QueensPhil Dunning's Middlesbrough-set LGBTQ+ comedy returns to BBC Three tonight at 10pm, promising more endearingly lo-fi hijinks at Keith's World of Carpets. The gang are throwing a coming-out party for Stewart, but after Keith busts out his terrifying homebrew ("fermented for 37 years"), everything gets a bit psychedelic. The timing isn't great for Dickie (Dunning) when his ex turns up. While the show never quite manages to be uproarious, viewers can expect to snigger happily throughout.Other Notable TV TonightBeyond Smoggie Queens, tonight's television lineup offers a diverse range of programming:Unreported World (7.30pm, Channel 4) - Explores faith-based treatments in the Philippines amid soaring healthcare costsHidden Treasures of the National Trust (9pm, BBC Two) - A literary-themed opener exploring Agatha Christie's Greenway Estate in DevonHacks (9pm, Sky Atlantic) - Final season focuses on legacy and the stories celebrities tell about themselvesFirst Dates (10pm, Channel 4) - Fred Sirieix hosts another batch of hopeful romanticsSt Denis Medical (10.40pm, BBC One) - Nurse Pam takes temporary charge with surprising consequencesThe Running Man (7am, 8pm, Sky Cinema Premiere) - Edgar Wright's new adaptation of Stephen King's dystopian thrillerThe Cultural Significance of LGBTQ+ RepresentationSmoggie Queens represents an important example of authentic LGBTQ+ representation in mainstream television. The show's setting in Middlesbrough, a working-class northern English town, provides a refreshing counterpoint to the more common metropolitan portrayals of LGBTQ+ life. Its return to BBC Three demonstrates the channel's continued commitment to diverse programming that reflects the full spectrum of British experience.The Evolution of Drag Comedy on TelevisionDrag comedy has evolved significantly from its early appearances on television, moving from novelty acts to nuanced character studies. Shows like Smoggie Queens contribute to this evolution by placing drag performers at the center of narratives that explore identity, community, and belonging. The show's lo-fi aesthetic and focus on character-driven comedy rather than spectacle represents a maturation of the genre.The Future of Regional Comedy ProgrammingThe return of Smoggie Queens highlights a growing trend toward regionally specific comedy programming that moves beyond London-centric narratives. By setting the show in Middlesbrough and embracing local dialects, cultural references, and landscapes, the program offers viewers an authentic representation of northern English life. This approach not only provides refreshing diversity but also challenges the traditional power dynamics in British television production.

The LeadThe FIFA World Cup 2026 is set to be the biggest tournament in its 96-year history, featuring 48 teams from across six confederations. This expansion brings both opportunities and challenges for the global game. The Event DetailsThe participating nations are divided into 12 groups of four teams each, replacing the previous 32-team, eight-group format. The top two teams in each of the 12 groups, plus the eight best third-placed teams, will advance to the round of 32. From there on, it's a straightforward knockout format, followed by the last-16, quarterfinals, semifinals, and the final. The Data AnalysisAccording to a FIFA release, the World Trade Organization (WTO) estimated that the expanded tournament will produce $80.1bn in gross output, including $30.5bn to the cohost, the United States. FIFA President Gianni Infantino expects to generate $11bn in revenue from the tournament, which will be ploughed back into the game. The Impact AnalysisThe expansion offers more opportunities for smaller nations, with four nations making their debut in North America: Curacao, Cape Verde, Jordan, and Uzbekistan. However, this could also lead to a rise in low-stakes, potentially one-sided match-ups, diluting the intensity and quality of group stage fixtures. The PredictionAs the World Cup continues to evolve, it's clear that the 2026 tournament will be a significant milestone. With more teams and more matches, the competition is expected to be fiercer than ever. However, the short post-tournament recovery window for players could be a challenge, with most top European leagues beginning their 2026-27 season just a month after the World Cup final.

Escalation of Israeli Airstrikes in Southern LebanonIsrael launched a series of air raids targeting the Ezzedine residential project in Srifa, killing two people. The Israeli army also announced attacks on alleged Hezbollah infrastructure across multiple southern towns and issued forced‑evacuation orders for Libbaya, Sahmar, Taffahata, Kafr Malek, Yohmor (Bekaa), Ain Tineh, Houmin al‑Fawqa and Mazraat Sina. Additional strikes hit a vocational school near Breqa and Zrarieh and the town of Ain al‑Tineh in the Western Bekaa. Casualties and Displacement Figures Since March2 civilians killed in the latest Srifa strike.1 person injured near the vocational school raid.At least 2,896 people killed in Israeli attacks since the conflict resumed in early March, according to Lebanon’s Ministry of Public Health.Multiple towns ordered to evacuate, displacing hundreds of residents. Implications for US‑Brokered Ceasefire NegotiationsThe intensified bombardment comes as representatives from Israel and Lebanon are slated to meet in Washington, D.C., to discuss extending a ceasefire set to expire on Sunday. Lebanese officials note that Hezbollah, which is not present at the talks, views any direct dialogue as capitulation. The heightened violence fuels domestic criticism in Lebanon and adds pressure on both sides to secure tangible concessions before the ceasefire deadline. Outlook for the Washington Talks and Regional StabilityAnalysts warn that if the current wave of strikes continues, the United States may face a tougher negotiating environment, with Hezbollah potentially rejecting any agreement that does not guarantee a full Israeli withdrawal and reconstruction. Conversely, sustained Israeli pressure could compel Lebanese authorities to concede to a limited ceasefire extension. The next few days will likely determine whether diplomatic engagement can outpace the escalating military dynamics.

The Lead Nepal is caught in a bind as the US-China drone war reaches the world's highest peak, Mount Everest. The US and China are testing their drone technology on the mountain, putting Nepal in a difficult position. The Event Details On May 1, a team of US officials led by President Donald Trump's special envoy for South and Central Asia, Sergio Gor, took a helicopter to the base camp of Mount Everest to test the capacity of their home-made Alta X Gen 2 drone. However, Nepal's Ministry of Home Affairs refused to issue a drone flight permit due to "drone flying procedures" and "security sensitivity". The Data Analysis China's DJI FlyCart 30 drones have already been performing tasks on Everest since 2024, ferrying logistics for climbers. This year, DJI provided its latest version of the drone, FlyCart 100, to AirLift Technology, a Nepalese drone company. The drone can carry up to 45kg to Camp I in less than three minutes, nearly half of its actual carrying capacity at sea level. The Impact Analysis Analysts say the US and China are placing Nepal in a potentially precarious position by using its terrain as a place to test sensitive technology. Being caught in the middle of the rivalry between the superpowers is a "tricky position" for Nepal. The Prediction The tech war on Everest may trigger geopolitical tensions in the Himalayas. Nepalese foreign policy expert Vijaya Kant Karna fears that the drone flight permission was given without analyzing the pros and cons of the US-China tech war in Nepal. "What happens if they test and misuse the technology in sensitive areas like the trans-Himalayas region?" he asked.

The LeadThere will be plenty that Bernardo Silva will miss about Manchester City but driving rain in May and playing against the lowest of blocks will not be two of them. The midfielder's penultimate game at the Etihad Stadium after nine years at the club was a reminder of how difficult it will be to replace him.The Versatile FoundationAmid six changes, as Pep Guardiola rested and rotated, keeping "grandfather" Silva in the team was imperative. Without Rodri, the head coach needed someone he could rely on and no one better fits the category than the 31-year-old. Playing alongside Phil Foden in midfield, as the deeper of the two, one of a plethora of roles he's taken on down the years, he utilised his mix of steel and finesse to set an example.The Architect of ControlVersatility is not the reason Silva will go down as one of City's greats, but it shows that in a world of egos, he is willing to adapt for the sake of the team. From left-back to false 9, Silva has covered a lot of ground, making him hard to define in the modern game. What Guardiola has always loved about him is his ability to dictate a match, replacing Joy Division as the leading author of control in the north-west of England.The Statistical LegacyOver the past nine seasons, no one has won more Premier League games than Silva – 217 to be precise – and he has been Guardiola's most used player in the period, making 457 appearances in all competitions, 85 more than Ederson, his closest rival. It is a testament to his longevity and fitness, not to mention rarely dipping in form. Even in the matches he was not at his best, there was always a desire to succeed and Silva's attitude never dampened.The Mentor's RoleIt seems inevitable that Silva will go into coaching once his playing days have ended, probably somewhere warmer than Manchester on Wednesday night. He coaches others through the game, ensuring they know their role in the team. Considering Foden's poor form this season, he looked very comfortable alongside Silva, offering more spark than has regularly been witnessed in recent times, proving it with a magical backheel to create Antoine Semenyo's opener.The Selfless ActsNatural instincts make Silva want to join every attack but he knows City are susceptible to the counterattack, forcing him to be constrained. Holding back to assist those behind him should a positive quickly turn into a negative is a selfless act, one much appreciated by what is a relatively inexperienced pairing. Intelligent use of the ball is integral to the Silva repertoire.The Cool ComposureIntelligent use of the ball is integral to the Silva repertoire. Ten minutes into the second half there was a sublime touch and simple pass to a teammate, something that goes relatively unnoticed in the grand scheme of things but it was on the edge of his own box, with Palace shirts all around. Silva was not panicked, he never is, and this coolness radiates around his teammates. Without Rodri, there is always a little more trepidation in the ranks, so the comfort of Silva is welcome. Should the two be absent at any point, one wonders who could fill the void.The Final Standing OvationWith 11 minutes to go, Guardiola relented and brought his metronome off for a break, with more key fixtures to come. It gave the supporters a second-to-last chance to give their hero a thoroughly deserved standing ovation. Passing on the captain's armband to Nathan Aké was Silva's easiest task of the night but felt ceremonial considering his impending departure.The Final Trophy HopesSaturday at Wembley gives Silva the chance of a third FA Cup medal, to add to the Champions League crown and six Premier League titles, with a seventh still a possibility. Guardiola insists he does not have an archetypal player but if he did, they would resemble Silva. "Everything is replaceable in football life," Guardiola said. "But there are players that it's even more difficult."

Donald Trump announced that former private‑prison executive David Venturella will serve as the acting director of ICE, replacing Todd Lyons after his departure on May 31. The move ties the Trump administration’s hardline immigration agenda directly to a company that has profited from detention contracts.Venturella's Appointment Signals Deepening Private‑Prison Ties to ICEDavid Venturella previously held an executive role at GEO Group before rejoining ICE last year.The Department of Homeland Security confirmed the change on Tuesday.Venturella has experience at ICE under both Democratic and Republican administrations.GEO Group's Stock Surge and $1 B Newark Contract Highlight Financial StakesGEO Group stock rose 55% over the past six months.The company secured a $1 billion agreement to open a detention facility in Newark, New Jersey.CEO George Zoley called the previous year the most successful period for new business wins.Implications for Immigration Enforcement and Detention IndustryICE has been central to the administration’s mass deportation campaign, restricting both legal and illegal pathways.Detention Watch Network’s executive director Silky Shah called the hire a “classic example of the revolving‑door phenomenon.”GEO Group now operates more than a dozen federal civil immigration detention centers.At least 18 deaths were reported in ICE custody during the first four months of 2026, following a high of 31 deaths in 2025.Recent ICE raids in Minneapolis resulted in the fatal shootings of Alex Pretti and Renee Nicole Good, sparking public outrage.What Venturella’s Tenure Could Mean for Future Detention PoliciesAnalysts anticipate that Venturella’s intimate knowledge of both ICE operations and private‑prison economics may accelerate the opening of new detention facilities, further entrenching profit‑driven models in U.S. immigration enforcement. Rights groups warn that without oversight, the revolving‑door dynamic could exacerbate conditions that have already led to multiple deaths and legal challenges.