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Executive Summary: DOJ Launches $1.8 B “Anti‑Weaponisation” Compensation FundThe U.S. Department of Justice announced a new anti‑weaponisation fund worth just under $1.8 billion, designed to compensate individuals who allege they were victimised by federal legal actions. The fund is part of a settlement in former President Donald Trump's $10 billion lawsuit against the IRS over leaked tax returns.Mechanics of the New Fund and Its Legal OriginsThe fund originates from a “judgement fund,” a standing government account used for legal settlements without needing fresh congressional legislation. Key operational details include:Claims can be filed by anyone who believes they suffered from unlawful government‑initiated legal action.Every three months the fund must report recipients, payment types (cash, debt relief, etc.) to the Attorney General.A five‑person oversight panel, appointed by the Attorney General with one member selected in consultation with congressional leaders, will manage the fund.The fund will stop accepting new claims after December 1 2028, after which any remaining balance reverts to the federal treasury.Financial Scale: $1.8 B Allocation and Settlement ContextThe allocation is comparable to the annual policing or school budget of a midsized U.S. city, far exceeding the typical size of a single‑lawsuit settlement. It stems from the settlement of Trump’s lawsuit alleging the IRS leaked his tax information between 2018‑2020. The settlement was approved by a federal judge, meaning no additional legislative action is required to activate the fund.Political Fallout: Why Democrats and Legal Scholars Decry a Slush FundCritics, including more than 90 House Democrats and senators such as Elizabeth Warren and Ron Wyden, argue the fund:Pushes the limits of executive authority by creating a large compensation scheme without congressional oversight.Could be used to reward supporters of the January 6, 2021 Capitol riot, many of whom were pardoned by Trump.Represents a “slush fund” that may funnel taxpayer money to politically aligned individuals, echoing past concerns about “lawfare.”The Cato Institute and other think tanks have published analyses labeling the fund as an unprecedented bypass of normal appropriations processes.Looking Ahead: Congressional Pushback and Potential Fund FateDemocratic lawmakers are preparing legal challenges and may seek to block the fund through congressional action or a court injunction. The Justice Department has indicated that any unspent money after the fund’s termination will be returned to the Treasury, but the debate centers on whether the fund should have been created at all. If Congress intervenes, the fund could be restructured, placed under stricter oversight, or dissolved entirely, setting a precedent for future executive‑legislative financial arrangements.

Lead: Lapointe’s Unlikely Journey from Music to Scottish FootballMario Lapointe, a Canadian musician known as Vintage, became the owner of Dumbarton FC Women a year ago, rescuing the club from imminent liquidation and pledging a new financial model that puts the players at the centre of revenue generation.From Studio to Stadium: The Acquisition of Dumbarton FC WomenOwner: Mario Lapointe (Canadian songwriter/entrepreneur)Club: Dumbarton FC Women, competing in the Scottish Women’s Football League Central‑West (third tier)Acquisition date: Summer 2025, after months of negotiationsMotivation: Prevent club assets from being sold for housing development and preserve 153‑year historyRevenue‑Sharing Model: 50% of Gate and Season Ticket IncomeLapointe proposes a simple revenue‑sharing scheme: 50% of all gate receipts and season‑ticket sales will be allocated directly to the women’s team, rather than being pooled into the men’s side. The model replaces the traditional profit‑sharing language with a clear, measurable split that aims to fund travel, equipment and eventually player salaries.Community Impact: Scheduling, Sponsorship and Player EmpowermentThe owner plans to move all women’s fixtures to Friday nights to avoid the traditional Sunday slot, which he believes limits attendance. By playing at The Rock stadium for the first time, the club hopes to attract more sponsors and give players a public platform – “the players become a megaphone for the team”, he says. This approach also seeks to grow the local fan base and integrate university talent from Glasgow and beyond.Looking Ahead: Professionalisation and Potential PromotionLapointe’s long‑term goal is not merely promotion to the Scottish Women’s Premier League but the creation of a professional environment where athletes are paid. He envisions a future where the club can sustain salaries, expand its talent pool and become a model for community‑owned women’s football in Scotland.

The Bond Market Obsession in British PoliticsA spectre is haunting British politics: the bond markets. Recent political discourse has been dominated by fears of "bond vigilantes" punishing fiscal policies they deem irresponsible, as evidenced by Chancellor Rachel Reeves' warnings following local election results. This obsession has created a situation where democratic mandates for change are being vetoed by investors, leading to what economist Thandika Mkandawire termed "choiceless democracies."The Bank of England's Role in Rising Borrowing CostsThe Bank of England has become a significant factor in Britain's high borrowing costs, often overlooked in political debates. Since 2022, the Bank has sold £134bn in gilts, with its share of UK gilt holdings nearly halved in three years. This year alone, it sold £7.6bn in gilts, with another £12bn planned. Investors calculate that active quantitative tightening has added up to 0.7 percentage points to UK borrowing costs—what might be called the "Bailey premium," recognizing the role of Bank Governor Andrew Bailey in the gilt market.The Financial Impact of Inflation-Linked BondsBritain's unique vulnerability to inflation-linked gilts, or "linkers," has created a significant budgetary challenge. With about a quarter of its bonds inflation-pegged—more than twice as many as Italy or France—the British government has had to pay a staggering £153bn in additional debt service since the 2022 Russia price shocks. This creates an ironic situation: when the Bank misses inflation targets, the government pays bond investors compensation, further straining public finances.Pension Funds and the Future of UK DebtThe UK's pension system, particularly defined contribution schemes where workers bear investment risks, is reshaping the government bond market. These funds prefer high-yielding investments like stocks and private equity rather than government bonds. The Office for Budget Responsibility estimates that pension funds will halve their gilt holdings over the next decade, eventually resulting in an increase in annual debt interest costs of about £22bn. This represents a political choice that could be reversed through policy interventions.Toward a Democratic Model of Central BankingIf the UK wants transformative change, it needs a new model of central banking that serves the common good rather than being influenced by bond markets. This includes reevaluating the Bank of England's role, phasing out inflation-linked bonds, and redirecting pension fund investments toward public essentials. The recent Pension Schemes Act 2026 provides an opportunity to channel workers' capital into public ownership of essential services such as housing, water, and transport. These are hard political choices, but they exist for those willing to challenge the status quo of managed British decline.

Mayor Mamdani Unveils Affordable $50 Ticket Lottery Zohran Mamdani will announce on Thursday a new tranche of 2026 World Cup tickets priced at $50 each for residents of New York City’s five boroughs. The tickets will be distributed via a random draw and will include bus transportation to and from MetLife Stadium. Lottery Mechanics and Game Schedule Lottery opens: 25 May 10:00 ET Lottery closes: 30 May 17:00 ET Maximum daily entries: 50,000 Each winner may purchase up to two tickets Eligible matches include five group‑stage games (Brazil v Morocco, France v Senegal, Norway v Senegal, Ecuador v Germany, Panama v England), a Round of 32 on 30 June and a Round of 16 on 5 July. Financial Snapshot: Ticket Allocation and Pricing Total tickets available: 1,000 (approximately 150 per game) Seating: Upper bowl of the 82,000‑capacity MetLife Stadium Transportation subsidy: Bus service included; round‑trip train tickets reduced from $150 to $105, bus tickets priced at $80 Implications for NYC Residents and Ticket Market The initiative marks the first time a World Cup host city offers a dedicated, low‑cost ticket pool to its residents, echoing the discounted access granted to Qatar locals in 2022. By partnering with the NY/NJ host committee led by CEO Alex Lasry rather than FIFA, the program sidesteps the federation’s controversial dynamic‑pricing model that has pushed many tickets into the hundreds of dollars. Future Outlook: Accessibility and FIFA Pricing Debate Mayor Mamdani, who campaigned on affordability, criticises FIFA for prioritising revenue over fan inclusion. If the lottery proves popular, it could pressure FIFA to expand low‑price allocations for future tournaments and inspire other host cities to adopt similar resident‑focused schemes.

The Lead A video posted by Israel's far-right National Security Minister Itamar Ben-Gvir, in which he is seen taunting abducted flotilla activists who sought to break the siege on Gaza, has triggered a backlash and dealt a huge blow to Israel's multimillion-dollar public relations campaign, known as 'Hasbara'. The Event Details The footage, posted on the social media platform X, showed Ben-Gvir gloating as activists from the Global Sumud Flotilla knelt on the floor, blindfolded, with their hands bound at the Port of Ashdod. Israeli naval forces had intercepted the flotilla's vessels in international waters off the coast of Cyprus, illegally abducting 430 participants. Among them, at least 87 have launched a hunger strike in solidarity with the more than 9,500 Palestinian prisoners held in Israeli jails. The Diplomatic Fallout The images of activists being dragged across the floor prompted several countries – including Italy, France, the Netherlands, Canada, and Spain – to summon Israeli ambassadors, condemning the 'unacceptable' treatment and violation of human dignity. The Collapse of the 'Hasbara' Illusion Experts argue that the frantic damage control by Israeli officials, including Prime Minister Benjamin Netanyahu, who ordered the rapid deportation of the activists, stems not from moral outrage over the abuses, but from the catastrophic damage done to Israel's global image. For decades, Israel has relied on 'Hasbara' – a Hebrew term translating to 'explanation' – a propaganda campaign to justify its policies and military actions against Palestinians to the international community. US Double Standards and 'Pro-Terror' Sanctions The diplomatic fallout also laid bare the glaring contradictions in United States policy. Following the video's release, US ambassador to Israel Mike Huckabee criticised Ben-Gvir, stating the minister had 'betrayed the dignity of his nation'. However, critics were quick to point out that Huckabee's condemnation rang hollow, as it focused entirely on the indignity of the broadcast rather than the human rights violations committed. A Microcosm of Palestinian Suffering For Palestinians, the humiliation endured by the European and international activists is merely a glimpse into a much darker, systemic reality. Mustafa Barghouti, secretary-general of the Palestinian National Initiative, said the bound and blindfolded activists represent a 'microcosm' of what Palestinian prisoners endure daily. The Hammer and the Flotillas Despite the military interceptions and the US sanctions, activists and analysts agree that the flotilla campaigns, which began in 2009 in response to Israeli land, sea and air blockades, have succeeded in exposing the limits of Israeli force.

The LeadLast week came the news that Gen Z are big fans of going to the cinema. Now here's a Gen Z romcom from Working Title, the company behind Bridget Jones's Diary and Notting Hill. Directed by Alicia MacDonald from a script by Rachel Hirons, Finding Emily shares DNA with Richard Curtis's comedies – the same warm heart and charm, plus levels of cheesiness that some may find cringe. In the end, I found it impossible to hate, though one or two performances felt a bit lacking in comic flair.The Campus Romance UnfoldsIt's set in Manchester, where indie singer-songwriter Owen (Spike Fearn) meets undergraduate Emily (Sadie Soverall) at the student union. They click, but when Emily taps her number into his phone, she misses out a digit. Is it a drunken error, or has she wrong-numbered him? Owen is convinced it's a mistake and sticks up posters around campus to find her. After a tipoff, he waits outside a lecture hall for psychology student Emily (Angourie Rice). She's American, and not his Emily, but she offers to help, suggesting Owen emails every Emily enrolled at the university – all 318 of them. Owen accidentally sends the email to all rather than BCCing, creating an email group of Emilies who are divided in their reactions. Is he some kind of creepy virgin "incel"? Or a diehard romantic? Owen becomes a meme: "email guy".Social Media SatireSome of the funniest scenes are the reactions on social media after Owen appears on a college YouTube channel with a guitar playing a song he wrote for Emily. "It's like Ed Sheeran on Crimewatch," someone writes. Another coins the hashtag #ratboysummer. This is a very gentle, light-touch send-up of campus culture wars and social media pile-ons. In fact, psychology student Emily has an ulterior motive for helping Owen: she wants to use him as a case study for her thesis that being in love is temporary insanity. "He is just data," she says, protesting too much.Supporting Characters and PerformancesBut, like in Curtis's films, the supporting characters are the most fun. Prasanna Puwanarajah is very funny as Emily's professor, a celebrity psychologist with a rampant ego. Distractingly, Owen is the spitting image of the young Liam Gallagher and at certain angles, Rice's Emily is a dead ringer for Taylor Swift. In a couple of scenes of them together, the effect is plain weird.Release TimelineFinding Emily is out on 21 May in Australia, on 22 May in the UK and on 28 August in the US. The film's release strategy appears to be targeting international markets sequentially, with the UK release following closely after Australia but before the US market.

The Lead: International Outrage Over Ben-Gvir's Video Israel's far-right National Security Minister Itamar Ben-Gvir has posted a video of himself taunting foreign activists abducted from a Gaza-bound aid flotilla at a makeshift holding pen in Israel's city of Ashdod. The activists, abducted by Israeli forces in international waters, are seen cable-tied and kneeling while Israel's national anthem blares in the video, which was released on Wednesday. Several countries, including Italy and France, have summoned Israeli ambassadors to explain the stunt. As well as a global backlash, the video has even been met with sharp rebukes from Israeli Prime Minister Benjamin Netanyahu and staunch ally, United States ambassador to Israel, Mike Huckabee. Who is Ben-Gvir: The Far-Right Minister at the Center of Controversy The 50-year-old lawyer and politician has led the far-right Jewish Power (Otzma Yehudit) party in Israel since 2019. He was sworn into the cabinet after the 2022 elections and was later appointed as national security minister and given control of Israel's Border Police division in the occupied West Bank. A settler in Kiryat Arba, one of the most radical settlements on Palestinian land in the occupied West Bank – all of which are illegal under international law – Ben-Gvir has convictions for incitement to racism, destroying property, possessing a "terror" organisation's propaganda material and supporting a "terror" organisation – Meir Kahane's outlawed Kach group, whose founder advocated for expelling non-Jews from Israel and which Ben-Gvir joined when he was 16. He frequently carries out anti-Palestinian acts, including regularly storming the Al-Aqsa Mosque compound in occupied East Jerusalem's Old City, Islam's third holiest site, alongside Israeli settlers and under the protection of Israeli forces. The Flotilla Activists: International Aid Efforts to Gaza This refers primarily to the Gaza aid flotillas – groups of boats carrying activists from different countries which have set out across the Mediterranean in an attempt to deliver aid and raise awareness at various times since October 2023, when Israel launched its brutal assault on the Gaza Strip, which has killed more than 72,000 Palestinians, mostly civilians. The modern flotilla movement emerged in 2006 during Israel's war on Lebanon and expanded after Israel imposed its blockade on Gaza in 2007. Since then, hundreds of vessels organised by international solidarity groups have attempted to reach the territory, carrying humanitarian aid and activists. In 2008, two boats from the Free Gaza Movement became the first to successfully reach Gaza by sea despite the blockade. But since 2010, Israeli forces have intercepted nearly every flotilla in international waters. On Tuesday, at least 430 activists from more than 46 countries were abducted during Israeli interceptions of the latest flotilla. The Video: Ben-Gvir's Taunting of Detained Activists In the video released on Wednesday, a woman approaches the minister and says in English, "Free Palestine!" before masked security officers put their hands on her head as they snap it down and push her away. "Good job," Ben-Gvir says to the officers, before stating, "Welcome to Israel. We are the landowners here; that is how it should be." Activists are then seen on their knees with their heads on the ground and arms tied behind their backs in "stress positions" as the figures of armed Israeli security officers look down on them from atop shipping containers. Ben-Gvir, waving an Israeli flag and heavily protected by security personnel, can be seen weaving in between the activists, appearing to relish the moment as he taunts them. International Response: Global Condemnation of Israel's Actions Several countries, including Italy, France, the Netherlands and Canada, have summoned Israeli ambassadors to their capitals to express their "indignation" over Israel's treatment of the abducted Gaza flotilla activists and to demand the release of their citizens. French Foreign Minister Jean-Noel Barrot also denounced Ben-Gvir's actions as "unacceptable", calling for the release of French citizens "as soon as possible". Canadian Foreign Minister Anita Anand called the incident "deeply troubling". United Kingdom Foreign Secretary Yvette Cooper said the video showed "totally disgraceful scenes". "The images of Israeli Minister Ben Gvir are unacceptable. It is unacceptable that these protesters, including many Italian citizens, are subjected to this treatment that violates their human dignity," Italian Prime Minister Giorgia Meloni said in a statement on X. Previous Treatment of Activists: A Pattern of Controversy In May 2010, when Israeli commandos stormed the Turkish ship Mavi Marmara, 10 activists were killed and dozens were wounded. Allegations of mistreatment by activists who have been brought to Israel after naval interceptions have been common, and organisers say they fear sanctions and accusations of Hamas links are being used to justify further crackdowns. The concerns come amid previous allegations by activists of abuse, including sexual abuse, during past interceptions by Israeli officials. Organisers have also accused Israeli naval forces of firing "rubber bullets" at activists during the latest interception, which occurred in international waters. Many activists who have previously been detained have been eager to point out that the focus should be on Palestinian prisoners in Israeli jails who are subjected to torture and do not have the option to be deported. In 2025, high-profile activist Greta Thunberg, who was on board a previous flotilla, told Swedish newspaper Aftonbladet that activists had been beaten, kicked and threatened with being gassed in cages. Palestinian Prisoners: The Broader Context of Detention Nearly 10,000 Palestinians are currently being held in Israeli prisons in Israel and in the occupied territory, according to the prisoners' rights group Addameer. Some 3,532 of them are administrative detainees – people held without charge or trial – while 342 are children. Israel is the only country in the world that tries children in military courts, often denying them their basic rights. Palestinians detained in Israeli prisons suffer near-constant dehumanising treatment by guards and soldiers. Under a new law passed this year and spearheaded by Ben-Gvir, military courts are now able to impose the death penalty on Palestinians convicted of killing Israelis in acts of "terror". This law will not impose the same penalty on Jewish Israelis convicted of killing Palestinians, which reinforces the legal inequalities that grant privileges to Jewish citizens while targeting Palestinians.

The Veto on Palantir's £50m Policing ContractLondon Mayor Sadiq Khan has intervened to block a flagship £50m deal between the Metropolitan Police and the controversial US data analytics firm Palantir. The decision, made by the Mayor’s Office for Policing and Crime (Mopac), was driven by a "clear and serious breach" of procurement rules, effectively halting the Met's plans to use Palantir's AI to automate intelligence analysis in criminal investigations.Procurement Breaches and Cost ConcernsThe blockage highlights significant administrative failures in the Met's approach. Mopac found that the force had engaged with only one potential supplier, Palantir, rather than testing the market to ensure value for money.Financial Discrepancy: The Met originally costed the contract at £15m-£25m a year, but the proposed deal was at the top of that range.Legal Risks: Deputy Mayor Kaya Comer-Schwartz warned the process created "legal and reputation risks" for both the Met and the Mayor.Previous Controversy: A previous trial of Palantir's AI to monitor officer behavior was awarded directly without open competition.Political Values vs. Public Safety EfficiencyThe decision reflects a growing tension between the efficiency of AI tools and the political values of public procurement. Palantir, co-founded by Peter Thiel and linked to the Trump administration and ICE, has faced intense scrutiny over its work with the NHS (£330m contract) and the Ministry of Defence.While other forces like Bedfordshire Police have praised Palantir for helping dismantle organized crime gangs, Khan’s office emphasized that Londoners expect public money to go to companies that "share the values of our city."The Future of AI in UK Policing under Political ScrutinyKhan's move is a blow to the Labour government's push for AI in policing. Home Secretary Shabana Mahmood has called for police to "ramp up use of AI," and the government is investing £115m in a national "Police.AI" centre.However, this veto suggests that future contracts will face much higher hurdles. With public petitions and MP criticism mounting, the government may struggle to balance the drive for technological modernization with the political necessity of ethical procurement.

Lead: A Climate Champion Turns Policy ReverserWithin weeks of taking office, Mark Carney—once celebrated for his 2015 Bank of England speech on climate‑related financial risk—has abandoned the consumer carbon price, weakened methane rules, and opened the door to new oil‑and‑gas infrastructure. The rapid policy reversal has left climate‑concerned voters feeling betrayed and has sparked a national debate over Canada’s environmental direction. Carney’s Immediate Dismantling of Canada’s Climate FrameworkAmong his first actions, the prime minister:Scrapped the nationwide consumer carbon price.Rebranded the climate agenda as a “Climate Competitiveness Strategy” focused on investment rather than regulation.Delayed clean‑electricity mandates from 2035 to 2050, allowing new gas‑powered plants.Weakened methane regulations and postponed their implementation.Cancelled the planned oil‑and‑gas emissions cap that had been under consultation for years. Quantifying the Policy Reversals: Carbon Pricing and Emission TargetsThe federal‑Alberta agreement reduces the industrial carbon price from the projected $170 per tonne by 2030 to $130 per tonne by 2040, effectively rendering the tool “virtually irrelevant.” The removal of the consumer price and the delay of zero‑emission‑vehicle mandates have already triggered a “dramatic drop‑off” in EV sales, according to recent market data. Domestic and International Repercussions of Canada’s Climate ShiftThese moves have multiple layers of impact:Domestic emissions: Weakening of carbon pricing and the fast‑tracking of LNG and pipeline projects are expected to raise Canada’s total greenhouse‑gas output.Provincial politics: The deal appeases Alberta’s separatist‑leaning faction but alienates climate‑focused voters nationwide.Global credibility: Canada’s commitment to the 2050 net‑zero goal is now described by the Canadian Climate Institute as “firmly out of reach,” undermining its standing in international climate negotiations. What Lies Ahead for Canada’s Climate AgendaAnalysts warn that without a coherent carbon‑pricing mechanism, Canada may struggle to attract private investment in clean‑energy projects, while Indigenous groups have signaled readiness to block new fossil‑fuel infrastructure. The government’s reliance on a sovereign‑wealth‑fund model to subsidize these projects mirrors a “mirror opposite of Norway’s successful fund,” raising questions about fiscal sustainability. If the current trajectory continues, Canada could see both higher domestic emissions and increased downstream carbon leakage as exported oil and gas feed global markets.