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Business May 15, 2026

Trump Announces China Boeing Deal of 200 Planes, Well Below Expectations

President Trump announced China has agreed to purchase 200 Boeing aircraft with potential for up to…
The Lead: Trump's China Boeing Deal AnnouncementPresident Donald Trump announced that China has agreed to purchase 200 Boeing jets, with a potential for the order to rise to as many as 750 planes, marking a significant but smaller-than-expected breakthrough in the aerospace market between the two economic powers. The deal, which reportedly includes GE Aerospace engines, was disclosed by Trump to reporters on Air Force One on Friday, though neither the Chinese government nor Boeing has officially confirmed the purchase agreement.The Event Details: Diplomatic Aviation DealThe announcement came during Trump's trip to Beijing, where Boeing CEO Kelly Ortberg was part of a large group of US executives seeking to sell products and services to China. The deal "includes approximately 200 planes and a promise of up to 750 if they do a good job," according to Trump, though specific details about which types of jets and delivery timelines were not immediately available.Industry sources indicate that Boeing was originally in negotiations for at least 500 narrowbody jets tied to the Beijing summit, with dozens of widebody jets potentially following. Trump also mentioned that Chinese President Xi would pay a return visit to Washington in September, suggesting it may become the focal point for the next tranche of potential plane orders.China has a history of bundling new orders with repeat announcements when unveiling trade packages tied to diplomatic visits by US and European leaders, leaving uncertainty about how many of the 200 planes announced represent new business versus aircraft already in Boeing's order backlog.The Data Analysis: Market Value and Financial ImpactThe market reacted negatively to Trump's announcement, with Boeing shares dropping nearly 4% on Thursday after the initial news and falling an additional 2.6% on Friday. GE Aerospace shares also declined by 2%, reflecting investor concerns about the deal's size and terms.Aviation intelligence firm IBA estimates the value of the 200-aircraft order at roughly $17 billion to $19 billion, assuming 80% of the mix consists of MAX jets. "This number, however, could increase to $25 billion if a larger proportion [about 40 percent] of the total order is announced for the widebody aircraft," according to IBA's Samuel Kenekueyero.An order for more than 500 jets would represent the largest in aviation history, surpassing IndiGo's 500-aircraft deal for Airbus narrowbodies, though China's purchase would likely be split among its three major state-run carriers.The Impact Analysis: Shifting Aviation DynamicsThe deal, if confirmed, would help Boeing narrow the gap with rival Airbus, which has pulled far ahead in China in recent years. For China, such a substantial order would secure capacity to continue growing its aviation market, even as production of its home-grown COMAC C919 narrow-body aircraft falls short of ambitious targets.However, concerns about after-sales support continue to weigh on purchasing decisions. "The reason China isn't buying is very simple: no one wants to buy something without guaranteed after-sales maintenance and support," noted Li Hanming, an independent expert on China's aviation industry. "Last May, the US was still threatening export restrictions on parts. If they impose parts embargoes like that, who would still dare to buy Boeing?"Wendy Cutler, senior vice president at the Asia Society Policy Institute and former acting deputy US trade representative, pointed out that both sides did not agree to extend the trade truce, which expires in five months. "What we expected and haven't seen thus far is not only Chinese confirmation of the jet purchases, but other Chinese mega-purchases as well, particularly in the agricultural and energy sectors," she stated.The Prediction: Future Trade Relations and Aviation MarketWhile the current Boeing deal represents a step forward in US-China trade relations, it appears to be "heavy on atmospherics, but light on substance" according to Cutler. The smaller-than-expected order suggests that China is proceeding cautiously with major purchases amid ongoing trade tensions and concerns about potential future restrictions.The September visit by Xi to Washington could potentially unveil additional aircraft orders, particularly for widebody jets, which would significantly increase the deal's value. However, without concrete assurances on after-sales support and a more stable trade environment, China may continue to diversify its aircraft suppliers and accelerate development of its domestic COMAC program.For Boeing, this deal represents a necessary but insufficient victory in reclaiming market share in China, the world's fastest-growing aviation market. The company will need to address fundamental concerns about reliability and supply chain stability to secure its long-term position in this critical market.
#Boeing #China #Donald Trump
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Politics May 15, 2026

US Push for Nakba Recognition: A Historical Reckoning in Middle East Policy

Representative Rashida Tlaib has introduced a resolution to officially recognize the Nakba, the 194…
The Historical Reckoning: US and the Nakba Washington, DC – It is a question that reaches a fever pitch this time of year for Palestinian survivors and rights advocates: Can the United States government create just policy in the Middle East without a full accounting — or recognition — of Palestinian history? Thursday marks the annual day of remembrance for the Nakba, a period that began in 1948 with the mass expulsion of Palestinians and the creation of the state of Israel. Since then, Palestinians have endured decades of displacement and ethnic cleansing. But the US government does not recognise the Nakba, which translates to the "catastrophe" in Arabic, even as it continues to assert gargantuan influence over the region and maintains ironclad support for the Israeli government. The Nakba: A Historical Overview Under the second administration of President Donald Trump, the US has taken a further active role in Palestinian affairs, establishing the controversial "Board of Peace" to oversee the reconstruction of Gaza, even as it continues to take a permissive approach towards Israel's actions in the region. When faced with the question of whether the US can responsibly address Palestinian issues without acknowledging the Nakba, Khaled Elgindy, a senior fellow at the Quincy Institute, believes the answer is simple: No. "If you only acknowledge the humanity and suffering of one side, that forces you also to ignore historical realities that are still with us today," he told Al Jazeera. Elgindy said "political amnesia" has long defined the US government's approach to the Israel-Palestine conflict. The Human Cost: Numbers and Impact For decades, the US has supported Israel with billions in foreign assistance and military aid, despite the Israeli occupation of Palestinian territory and a system of segregation that rights groups say constitutes apartheid. Since October 7, 2023, Israel's war in Gaza has killed at least 75,000 Palestinians. Elgindy told Al Jazeera that the US has played a key role in underwriting the conflict. "For better or worse, mostly for worse, the United States is inextricably tied to the Palestinian issue," Elgindy said. A fundamental – if long delayed – corrective step would be recognition of the Nakba, he said. "It is a historical reality that Palestinians have a collective trauma that is part of their identity and part of their political psychology." The Legislative Push: Tlaib's Resolution On Thursday, US Representative Rashida Tlaib introduced a resolution to officially recognise "the ongoing Nakba and Palestinian refugees' rights". It was the fifth consecutive time she has put forward the bill, with the latest version carrying 12 co-sponsors, up from six when it was first introduced in 2022. In a video conference this week, she explained that it was necessary to draw attention to the Nakba, given that the human rights abuses against Palestinians continue. "Too many of my colleagues in Congress like to act like … the state violence against the Palestinian people began with [Israeli Prime Minister Benjamin] Netanyahu," Tlaib said. "We know that Palestinian history has been one of the ongoing Nakba and the ethnic cleansing campaign since the creation [of Israel] in 1948." All told, about 750,000 Palestinians were violently expelled during the Nakba, displaced to refugee camps across the West Bank, Gaza and neighbouring Arab countries. About 400 cities and villages were depopulated, with massacres committed in Balad al-Sheikh, Saasaa, Deir Yassin, Saliha and Lydda, among others. Shifting Attitudes in American Politics Like in past years, Tlaib's latest legislative effort is largely symbolic, with little chance of progressing in Congress, which remains predominantly pro-Israel. Still, the latest resolution comes amid signs of shifting public awareness, with polls showing increasing sympathy for Palestinians and a rise in negative views towards Israel's government. Polls have shown tanking support for Israel, particularly among Democrats, amid the war in Gaza. Attitudes in Congress have also shown significant, if more incremental, signs of change. Though support for Israel was once considered sacrosanct, legislation to block arms sales to the country has garnered growing support. In April, 40 Democrats in the 100-member Senate voted to block the sale of military bulldozers to Israel, a tool in the ongoing occupation of the Palestinian territories. While legislation to prevent the sale did not pass, advocates hailed the tally as "historic". Thirty members of Congress also challenged the longstanding US policy of "official ambiguity" towards Israel's alleged nuclear programme, a subject that had been seen as off limits for decades. The Historical Context: From Truman to Today Even acknowledging the Nakba on the May 15 anniversary remains controversial. The United Nations held its first-ever commemoration of the Nakba in 2023, marking the 75th anniversary. The US, the United Kingdom, Germany and 30 other countries had voted against a UN resolution recognising the event, though. The US subsequently did not attend the proceedings, with a spokesperson pointing to "longstanding concerns over anti-Israel bias within the UN system". Elgindy pointed out that, in the 1940s and 50s, President Harry Truman "spoke out about the terrorism and terror inflicted by Jewish militias and underground groups", even as his government was the first to recognise the state of Israel. Truman's administration, for instance, supported UN General Assembly Resolution 194, which established a so-called "right to return" for displaced Palestinian refugees – approximately six million are registered with UNRWA today. But Elgindy explained that, broadly speaking, the US acknowledgement of the Nakba declined in parallel with an increasingly full-bore embrace of Israel, beginning most forcefully under President Lyndon B Johnson in the 1960s. The Future Outlook: Recognition and Beyond Supporters of Tlaib's resolution have argued that its significance is as much practical as symbolic. "If policymakers don't factor in the Nakba and remedying it to the extent that it can be remedied today, they're simply going to be perpetuating an unjust status quo," Ruebner said. "Without understanding the crux of the matter, it's almost like trying to fit a square peg into a round hole." The Arab Center's Munayyer agreed that recognition "sets an example for things that we should be doing, not just in terms of recognising the past but also recognising the moment". "It shouldn't take us 80 years to recognise the Nakba in Palestine, and it shouldn't take us another 80 years to recognise the genocide that's taking place in Gaza," he said.
#Nakba #Palestine #US foreign policy
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World Wide May 15, 2026

Trump and Xi's 'Stalemate Summit' in Beijing: What Was Achieved?

The summit between Donald Trump and Xi Jinping in Beijing yielded little concrete progress on key i…
The Lead Donald Trump's visit to Beijing, the first US presidential trip in nearly a decade, concluded with much fanfare but little clarity on what was achieved. Trump and Xi Jinping, China's leader, discussed various issues, including Iran, Taiwan, trade, and human rights, but the outcomes were largely seen as a stalemate. The Event Details Trump said he and Xi "settled a lot of different problems that other people wouldn’t have been able to solve". However, he didn’t provide much detail on what those solutions were. The Chinese readout of Xi and Trump’s final bilateral on Friday gave little concrete information on what had been achieved by the meetings. The Data Analysis In terms of trade, Trump said he had made "fantastic trade deals" with Xi, including China buying "double-digit billions" worth of US farm goods "over the next three years". China also agreed to purchase 200 of Boeing's jets, with the possibility of increasing that number to 750. The Impact Analysis The lack of concrete progress on key issues has been met with skepticism. Amanda Hsiao, the China director at the Eurasia Group, said, "My guess is that despite all the ceremony and summit theatrics, that at the end of the day, this summit will not be that significant. The core of the relationship hasn’t changed." The stalemate summit has done little to address the underlying tensions between the US and China. The Prediction Looking ahead, it remains to be seen whether the US and China can make progress on their differences. Trump said he was considering lifting sanctions on Chinese companies that purchase Iranian oil, with a decision to come in the next few days. The US-China relationship is likely to remain a key factor in global politics and trade.
#Donald Trump #Xi Jinping #China
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Sports May 15, 2026

Manchester United Set to Confirm Michael Carrick as Permanent Head Coach

Manchester United is close to appointing Michael Carrick as permanent head coach on a two-year cont…
The Carrick Appointment at Manchester UnitedManchester United is on the verge of confirming Michael Carrick as their permanent head coach, with the former midfielder being offered a two-year contract that includes the option of a further 12 months. This move comes after Carrick's impressive interim spell that transformed the team's fortunes and secured a return to the Champions League.Contract Details and TimelineThe deal could be concluded before United face Nottingham Forest on Sunday, providing the clarity the club desire going into a busy summer transfer period. Carrick admitted on Friday that his future would become clear "pretty soon," with his achievements earning recognition from chief executive Omar Berrada and director of football Jason Wilcox, who want him to stay on.Performance Under Carrick's LeadershipSince taking over as interim coach, Carrick has overseen 10 wins in 15 Premier League matches. When Ruben Amorim was sacked, United were sixth in the table, but performances and results improved significantly under Carrick. The team now sits third, six points above Liverpool with two games remaining, ensuring Champions League qualification for next season.Impact on Club Culture and DirectionCarrick emphasized his connection to the club as both a supporter and former player, stating: "It's a unique football club, a special club. Immensely proud to have come back and been a part of it." His appointment represents a shift toward a more stable, homegrown approach to leadership after a period of instability. The 42-year-old has reportedly impressed with his tactical acumen and man-management skills, particularly in helping the team find consistency after a difficult start to the season.Future Outlook for United and CarrickRegardless of whether the contract has been signed, Carrick will address the supporters after Sunday's match, highlighting the importance of the fan base to the club. His appointment suggests a more measured approach to rebuilding the team, focusing on developing existing talent while making strategic additions. With Champions League football secured, Carrick will have the opportunity to compete at the highest level and potentially build a long-term project at Old Trafford, with the backing of the club's leadership.
#Manchester United #Michael Carrick #Premier League
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Politics May 15, 2026

Trump Questions Xi Over Secret Garden Visits During Private Tour

In a candid video, former President Donald Trump asked Chinese President Xi Jinping whether he brin…
During a private tour captured on video, Donald Trump posed an unexpected question to Xi Jinping: whether the Chinese leader brings other presidents to a secret garden. The moment, recorded on 2026-05-15, quickly circulated online, prompting analysts to dissect its diplomatic implications. Trump's Unexpected Question to Xi During the Private Tour Location: Unnamed "secret garden" within a Chinese diplomatic venue. Participants: Former U.S. President Donald Trump and Chinese President Xi Jinping. Key Quote: "Do you bring other presidents to the secret garden?" Diplomatic Symbolism of the Secret Garden The "secret garden" is perceived as a private, symbolic space where leaders can engage away from formal settings. Such venues often serve as back‑channel environments, allowing for candid dialogue and relationship‑building beyond the public eye. Potential Ripple Effects on US‑China Relations Perception: Trump's query may be seen as a light‑hearted probe or a subtle challenge to Chinese diplomatic customs. Media Reaction: Coverage ranges from amusement to concern over possible misinterpretations. Policy Impact: No immediate policy shift, but the incident adds a layer to ongoing narrative about mutual respect and protocol. Analysts' Outlook Following the Exchange Experts suggest the episode is unlikely to alter substantive negotiations, yet it underscores the importance of personal rapport in high‑level diplomacy. Future private tours may be approached with heightened awareness of how informal remarks can be amplified in the digital age.
#Donald Trump #Xi Jinping #US-China relations
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Economy May 15, 2026

India Hikes Fuel Prices by 3% as Iran Crisis Impacts Economy

India has raised fuel prices by 3% due to the ongoing Iran crisis and the closure of the Strait of …
The Lead India has raised fuel prices by about 3 percent as the energy crisis driven by the Iran war and closure of the Strait of Hormuz starts to bite on the economy. Fuel Price Hike The government in New Delhi announced the 3 rupees ($0.03) per litre price hike on Friday, as it moved to offset losses triggered by the shortage of supply. Gasoline prices rose to 97.77 rupees ($1.02) a litre, while diesel climbed to 90.67 rupees ($0.94). Economic Impact India is the world’s third-largest oil importer, with 90 percent of the oil it consumes coming from overseas, and about half of its usual crude supplies transiting the Strait of Hormuz. This has seen the country heavily impacted by rising energy prices and supply disruptions from the US-Israel war on Iran. Government Measures Prime Minister Narendra Modi urged Indians to adopt voluntary austerity measures, calling on them to work from home whenever possible, limit travelling abroad, and reduce purchases of gold. Modi described saving fuel as an act of “patriotism” and encouraged greater use of public transport, carpooling, and lower fertiliser consumption. Future Outlook India has also accelerated blending ethanol into gasoline as part of its push to cut crude oil imports. The country has signed pacts with the United Arab Emirates (UAE) on oil and gas, as well as strategic defence ‌cooperation, to strengthen its energy security.
#India #Fuel Prices #Iran Crisis
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World Wide May 15, 2026

Trump's Silence on Taiwan a Relief for Anxious Taipei After Xi Talks

The outcome of the meeting between US President Donald Trump and Chinese President Xi Jinping has b…
The LeadThe meeting between US President Donald Trump and Chinese President Xi Jinping has concluded, and for Taiwan, the outcome is being viewed as a positive one. Despite fears that Trump might overturn Washington's longstanding support for the island democracy, he took a muted approach, sidestepping questions on Taiwan during the talks. Trump's Muted Approach on TaiwanTrump hailed his 'great' meeting with Xi Jinping on Thursday but avoided discussing Taiwan, a move that has been welcomed in Taipei. A White House readout of the meeting also omitted mention of Taiwan, which Beijing claims as a breakaway province. The Data AnalysisXi Jinping had taken a firm tone before the meeting, declaring that 'Taiwan independence' and peace in the Taiwan strait were 'incompatible.' He warned Trump that if the Taiwan issue is not handled properly, it could lead to 'clashes and even conflicts' between the US and China. Wen-Ti Sung, a non-resident fellow with the Atlantic Council's Global China Hub, noted that Xi's tone was 'surprisingly firm for summit diplomacy,' signaling to Trump that Taiwan remains a sensitive issue for Beijing. The Impact AnalysisTaiwan's Ministry of Foreign Affairs responded swiftly to Xi's comments, stating that 'The Republic of China and the People's Republic of China are not subordinate to one another.' Despite this customary sparring, Taipei is believed to be quietly pleased with the meeting's outcome, particularly Trump's silence on Taiwan. Analyst William Yang suggests that Taipei would welcome Taiwan being mentioned as little as possible, as any deviation from longstanding US policy could be seen as a negative development. The PredictionLooking ahead, experts predict that the US will continue to support Taiwan, particularly in terms of arms sales. The Trump administration has previously angered Beijing with a significant weapons package for Taiwan, and there are reports of another package worth around $14bn awaiting Trump's approval. With Taiwan's parliament recently passing a reduced defense budget to finance these purchases, there is added impetus for Trump to move forward with the deal.
#Taiwan #Donald Trump #Xi Jinping
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Business May 15, 2026

Crypto Billionaire Christopher Harborne Enters UK Rich List at No. 6 After Controversial Farage Donation

Crypto billionaire Christopher Harborne has debuted on the UK's rich list at No. 6 with an estimate…
The Lead Crypto billionaire Christopher Harborne has made a dramatic entry into the UK's rich list at No. 6, debuting with an estimated fortune of £18.17bn. His appearance on the list comes amid controversy over his £5m donation to Nigel Farage, which has sparked a parliamentary standards investigation. The Crypto Tycoon's Political Donation Harborne, who made his wealth in cryptocurrency, became a political figure when he gifted Nigel Farage £5m weeks before the Reform leader announced his candidacy in the 2024 general election. The donation has been at the center of a political storm, with Farage initially claiming it was intended to cover personal security costs and therefore didn't need to be declared. However, after it emerged that Farage purchased a £1.4m property in cash shortly after receiving the gift, he changed his explanation, calling it a "reward" for campaigning for Brexit for 27 years. The Wealth Rankings and New Entries The Sunday Times Rich List, which ranks the 350 wealthiest UK residents and Britons abroad, has seen several notable first-time entries this year. Alongside Harborne, David and Victoria Beckham have joined Britain's billionaire club, making David the country's first billionaire sportsperson with their combined wealth estimated at £1.18bn. Other newcomers include Labour donor Gary Lubner (£1.3bn), the Gallagher brothers (£375m), and Emily Eavis, daughter of Glastonbury festival founder Michael Eavis. The Top Wealthiest in the UK The Hinduja family topped the list again this year with an estimated fortune of £38bn through their Indian conglomerate Hinduja Group. The combined wealth of the UK's 350 wealthiest individuals and families rose by 1.4% in the last year to £784bn, with Britain's total of billionaires growing by just one to 157 after falling for three consecutive years. The Changing Landscape of UK Wealth Robert Watts, the compiler of the rich list, noted significant changes in recent years. "This year's rich list is a tale of two exoduses," he said. "One in six of the individuals and families who appeared on the list two years ago don't feature this time." Many foreign billionaires have moved away from the UK, while there has been a sharp rise in the number of British nationals now resident in Dubai, Switzerland and Monaco. The Future of UK's Wealth Elite As the UK's wealth landscape continues to evolve, the rich list reflects both the concentration of wealth and the changing nature of fortune creation. While traditional industrial and property fortunes remain prominent, new wealth from cryptocurrency, entertainment, and sports is increasingly represented. The political implications of wealth concentration and the transparency of political donations are likely to remain key issues as the 2024 general election approaches.
#Christopher Harborne #Nigel Farage #Sunday Times Rich List
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Lifestyle May 15, 2026

The Misconceptions of Women's Sexuality in Ancient Times

The article explores the misconceptions of women's sexuality in ancient times, highlighting how wom…
The Misconceptions of Women's Sexuality in Ancient Times A recent study on women's pleasure has revealed that people around the world are having less sex. In Britain, the US, France, and Australia, the frequency of sex has been declining. However, this trend is not universal, with Denmark appearing to buck the trend. The Ancient Perception of Women's Sexuality In ancient Greece and Rome, women were often seen as 'nymphomaniacs' with a voracious sexual appetite. This perception was not a positive thing, but rather an illness that society needed to control. The Hippocratic Corpus, a body of medical texts from ancient Greece, believed that women's wombs were not fixed and could wander freely within the body, posing health risks. The Medical Theory of the Wandering Womb According to the Hippocratic Corpus, the womb required moisture to stay in place, and women needed to have regular sex to create moisture in their genitals. This theory was taken seriously, with the case of Apuleius, a Roman who argued that his wife had married him to cure her of a wandering womb. The Shift in Understanding Women's Sexuality Over time, the understanding of women's sexuality has changed. Today, women's desire is often seen as buried deep, in need of excavation. The sex historian Kate Lister has highlighted the 'lie back and think of England' euphemism, which exemplifies the modern historical idea that sex is purely for men and women must grin and bear it. The Impact on Women's Pleasure The article suggests that the portrayal of women as the more sexual sex in antiquity was not a good thing, but rather a manifestation of societal control. Women's pleasure was not prioritized, with ancient attitudes putting a dent in female pleasure. However, women still found opportunities to explore what felt good to them, with evidence of ancient dildos and love declarations. The Future of Women's Sexuality The article concludes that history offers two opposing understandings of women's sexuality, but both attitudes manifest the same thing: an ironing out of individuality and complexity of sexuality and desire. The future of women's sexuality remains uncertain, but it is clear that a more nuanced understanding of women's pleasure is needed.
#Ancient Greece #Ancient Rome #Women's Sexuality
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