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The Visit's Mixed Outcomes United States President Donald Trump has departed China following a three-day trip, touting several broad trade deals but suggesting little progress on key issues related to Taiwan or the US-Israeli war in Iran. Progress on Taiwan Speaking to reporters aboard Air Force One, Trump said he and Xi discussed Taiwan, with China’s leader telling him he opposed independence for the self-governing island Beijing claims as its own. Trump said he had not made a decision on US arms sales to Taiwan, an issue with deep support within the US Congress that Beijing vehemently opposes. The US does not have official ties with Taiwan, but has for years provided billions of dollars in military aid. The Iran Conflict On Iran, Trump said he and Xi spoke at length about the US-Israeli war, and their shared desire for the Strait of Hormuz to be reopened. Some Trump administration officials have called on Beijing to use its leverage over Tehran to help break an ongoing deadlock in ceasefire negotiations. Trump downplayed the issue during the trip, saying he was not “asking for any favours” on Iran. Trade Deals Touted Trump concluded his visit touting a series of “fantastic trade deals for both countries”. Trump said China agreed to buy 200 jets from US aviation manufacturer Boeing, the first purchase of US deals in more than a decade. The White House also said China could soon begin buying more US oil and farm goods.

Lead: Russia’s Heavy‑Hit Campaign on Kyiv Amid a Slowing Eastern AdvanceRussia unleashed more than 1,400 drones and 56 missiles on Kyiv between May 9 and May 14, 2026, even as its territorial gains in the east fell to an average of 2.6 sq km per day. Ukraine reported a 92 % drone‑kill rate and downed 41 of 57 missiles, highlighting a sharp contrast between offensive intensity and operational momentum. Escalation of Russian Drone and Missile Strikes Targeting KyivThe onslaught focused on civilian infrastructure, including a nine‑storey apartment block that collapsed, killing twelve. President Volodymyr Zelenskyy condemned the attacks as “purely civilian” and rejected Moscow’s claim of reciprocity.May 9: 43 drones + several ballistic missiles launched.May 10: Additional 27 drones.May 11: Night‑time launch of 216 drones.May 12‑13: 892 drones over 24 hours.May 13‑14 night: 675 drones accompanied by 56 missiles. Scale of the Assault: Drones, Missiles, and Interception RatesOfficial Ukrainian figures recorded strikes in at least 20 locations across the capital. Interception statistics show:92 % of 1,930 drones shot down.71.9 % (41/57) of missiles neutralised.Meanwhile, the Institute for the Study of War noted that Russian ground advances dropped from 9.76 sq km/day in early 2025 to 2.63 sq km/day by mid‑May 2026, indicating a pronounced slowdown. Strategic Implications of the Stalled Eastern Front and Kyiv BombardmentThe reduced territorial gain suggests Russian forces are reallocating resources to high‑intensity aerial attacks while Ukrainian forces exploit logistics vulnerabilities deep behind the front line. Ukraine’s National Guard Azov Corps reported successful drone strikes on Russian supply lines 160 km from the front, and Defence Minister Mykhailo Fedorov highlighted a five‑fold increase in deep‑strike operations over the past year.Ukrainian commanders, including Oleksandr Syrskii, warned that Russian troops remain concentrated—over 106,000 personnel in the Pokrovsk direction—yet are being pressured by intensified Ukrainian offensives across the entire front. Potential Trajectory of the Conflict in Late May and BeyondIf Russia continues to rely on large‑scale drone and missile barrages without regaining momentum on the ground, its operational effectiveness may further erode, especially as Ukraine’s deep‑strike capabilities receive continued Western support (e.g., a reported $1 bn German investment). Conversely, sustained Ukrainian logistics strikes inside Russia could compel Moscow to divert air‑defence assets, potentially reducing the intensity of attacks on Kyiv.Analysts anticipate a near‑term focus on attrition warfare, with both sides leveraging unmanned systems to shape the battlefield while the front‑line stalemate persists.

The Weekend's High-Stakes FixturesThe upcoming fixtures promise intense competition as the FA Cup final takes center stage at Wembley, followed by a slate of Premier League matches that could define the final weeks of the season. With title races and relegation battles hanging in the balance, the predicted lineups reveal a tactical chess match where fitness and form are critical factors.FA Cup Final: Manchester City vs ChelseaThe Manchester City v Chelsea showdown on Saturday at 3pm represents a clash of contrasting trajectories. Manchester City enters the match with a dominant form of WWWDWW, boasting Haaland as their leading scorer with 40 goals. However, the absence of Rodri due to fitness concerns poses a significant strategic challenge for Pep Guardiola's side.Venue: WembleyReferee: Darren EnglandCity Form: WWWDWWChelsea Form: LLLWLDChelsea Key Doubts: Sánchez (concussion), Garnacho (knock), Neto (knock)Chelsea, struggling with a form of LLLWLD and led by João Pedro with 23 goals, faces defensive injury concerns that could disrupt their defensive solidity.Manchester United vs Nottingham ForestThe Manchester United v Nottingham Forest encounter on Sunday at 12.30pm at Old Trafford is pivotal for momentum. Nottingham Forest arrives with a solid form of WDWWWD and Gibbs-White as their top scorer with 13 goals. The match is complicated by a fitness doubt for Sesko (shin) for Manchester United, which could impact their attacking output.Venue: Old TraffordReferee: Michael SalisburyUnited Form: DLWWWDForest Form: WDWWWDForest Key Doubts: Gibbs-White (face), Sangaré (knock)Strategic Impact of Key InjuriesThe injury reports highlight a shift in tactical possibilities for the weekend. Manchester City's reliance on Rodri is well-documented; his absence forces a reconfiguration of the midfield, potentially reducing City's control in transition. Conversely, Chelsea's defensive injuries could expose gaps that Haaland is likely to exploit, turning the FA Cup final into a high-stakes shootout.Projected Outcomes and Tactical ShiftsBased on the current data, Manchester City remains the favorite despite Rodri's fitness issues, as their offensive depth and Haaland's goal-scoring prowess provide a safety net. However, Nottingham Forest's recent form suggests they are well-equipped to challenge a weakened Manchester United side. The weekend will likely see a tactical adjustment from both managers to mitigate the impact of these key absences.

The Visual Diplomacy of Tiananmen SquareDuring the welcome ceremony in Tiananmen Square, the optics of the meeting were meticulously curated to convey a sense of unity and shared status. Donald Trump and Xi Jinping mirrored one another in strikingly similar attire: both wore blue, single-breasted suits with flap pockets, two buttons with only the top one fastened, and red ties. This visual symmetry was not accidental; it was surrounded by a delegation of other officials, creating a tableau of synchronized power.The delegation included Stephen Miller and Pete Hegseth, who wore pocket squares and flamboyant ties, while Elon Musk opted for a green tie. This diversity in the supporting cast made the symmetry between the two leaders more visually striking, reinforcing the message of a cohesive front.The Psychology of the 'Chameleon Effect'The strategic choice of matching suits is rooted in the psychological concept of the 'chameleon effect,' where subtle mimicry increases rapport and cooperation. Enda Young, founder and CEO of the Centre for Negotiation and Leadership, explains that people tend to warm more quickly to those who seem similar to them, whether through behavior, language, or appearance. In high-stakes negotiations, this non-verbal signaling can signal alignment and mutual respect before a single word is spoken.This strategy aligns with Robert Cialdini's principle of 'liking,' which posits that similarity tends to increase trust and openness to influence. By dressing alike, the leaders were attempting to bypass initial defenses and establish a subconscious bond that could facilitate smoother trade deals and geopolitical gains.Historical Precedents of Political TwinningThis is not the first time political leaders have utilized matching outfits to signal a thaw in relations. The article highlights several historical examples of this diplomatic tactic:Lula and Macron (2024): The Brazilian and French leaders wore matching white shirts during their Amazon rainforest meeting, which was widely interpreted as a sign of a developing 'bromance' and shared ecological goals.Zelenskyy and Trump (2025): The Ukrainian president was initially admonished for wearing a military sweatshirt rather than a suit during a disastrous Oval Office meeting. His subsequent return in a military-style 'suit' was viewed as a diplomatic concession to align with the host's expectations.Liz Truss (2022): The former UK Prime Minister faced criticism for wearing a dress that appeared identical to a fictional dictator, illustrating how poor synchronization can undermine authority.Strategic Implications for Future SummitsThe use of matching attire in the Beijing summit suggests a shift towards more performative diplomacy. As leaders seek to secure complex trade agreements and navigate geopolitical tensions, the visual language of power is becoming as critical as the policy language. Future summits will likely continue to utilize this 'twinning' strategy to signal cooperation, with the success of the meeting potentially hinging on how effectively these non-verbal cues translate into tangible policy outcomes.

British Prime Minister Keir Starmer faces mounting pressure after a disastrous local election and a series of controversies, with more than 80 MPs calling for his resignation and senior party figures coalescing around Greater Manchester Mayor Andy Burnham as a potential challenger.The Leadership Crisis Hits Starmer’s PremiershipThe Labour Party’s recent local‑election defeat has intensified scrutiny of Starmer’s government. Controversy over the appointment of Peter Mandelson—an associate of the late Jeffrey Epstein—as the UK’s ambassador to Washington has further eroded confidence. On Thursday, Health Secretary Wes Streeting resigned and publicly endorsed Burnham, describing him as “one of the best players on the pitch.” Deputy leader Lucy Powell and the Union of Shop, Distributive and Allied Workers (USDAW) have also thrown their support behind Burnham’s bid to return to Parliament.Numbers That Reveal the Scale of DissentMore than 80 MPs have signed letters urging Starmer to step down.Four junior ministers have already resigned.Burnham would need the backing of 81 Labour MPs (20% of the party’s parliamentary cohort) to trigger a leadership contest.A special by‑election in Makerfield could be held as early as June, pending NEC approval.Former Deputy Leader Angela Rayner cleared her tax affairs, removing a potential obstacle for a future challenge.Implications for Labour’s Governing StabilityIf the National Executive Committee (NEC) permits Burnham to stand, the party could face a rapid succession battle that would distract from its legislative agenda and weaken its standing ahead of the next general election. The prospect of a high‑profile contest also invites external forces; Reform UK leader Nigel Farage has pledged to “throw absolutely everything” at the by‑election, potentially reshaping the constituency’s political calculus. Continued resignations risk eroding public confidence in Labour’s ability to govern, especially on domestic reforms that have already been described as “slow‑moving.”What the Next Weeks Could Hold for Starmer and BurnhamThe NEC is expected to rule on Burnham’s eligibility within days. A favourable decision would trigger a by‑election in Makerfield, after which Burnham must secure the support of at least 81 MPs to mount a formal leadership challenge. Should the NEC block his candidacy, dissent may shift toward other figures such as Rayner or a renewed push from the party’s backbench. In either scenario, Starmer’s capacity to retain the premiership will hinge on his ability to re‑assert authority, manage the resignations, and present a coherent policy agenda before the summer electoral calendar intensifies.

The Lead: Summit Ends with Conflicting AccountsDonald Trump left China on Friday following a two‑day meeting with Xi Jinping. While the White House highlighted trade wins and cooperation on Iran, Beijing warned against U.S. overreach on Taiwan and offered a markedly different version of the talks.Divergent Narratives on Trade, Iran and TaiwanThe United States and China released separate statements that only overlap in broad language. The White House emphasized new trade opportunities and joint positions on the Iran war, whereas the Chinese Foreign Ministry focused on strategic stability, the Taiwan question and did not cite specific deals.Numbers That Matter: Trade Deal Claims and Market Reactions200 jets reportedly agreed for purchase by China from Boeing, far below market forecasts of 500 jets.Boeing shares dropped more than 4 % after the claim was made.Iran is believed to possess about 440 kg of uranium enriched to 60 %, well short of the 90 % threshold for a nuclear weapon.Strategic Implications for US‑China RelationsThe lack of concrete trade announcements and the omission of Taiwan from U.S. statements underscore a widening gap in expectations. Beijing’s insistence that Taiwan remains the “most important issue” signals continued diplomatic friction, while the differing portrayals of the Iran discussion reveal competing narratives on regional security.Looking Ahead: Potential Friction and Uncertain GainsWith no confirmed trade agreements and divergent public messaging, the summit is unlikely to produce immediate economic benefits. Analysts anticipate a period of strategic ambiguity, where both capitals test the limits of cooperation on issues such as the Strait of Hormuz, Taiwan and future technology transfers.

Tesco’s chief executive, Ken Murphy, saw his total remuneration climb to £10.8 million for the 2025‑26 financial year, up by roughly £1 million from the previous period. The boost reflects the supermarket’s strongest market‑share performance in a decade and a shift in the company’s long‑term bonus criteria. Ken Murphy’s Compensation Package Surpasses £10m Amid Record Market Share The annual report details a pay structure that combines a higher basic salary, a sizable annual bonus and a long‑term incentive tied to shares. Basic pay: £1.54 million (3% increase) Annual bonus: £3.4 million Long‑term bonus: £5.7 million (includes company shares) Financial Breakdown: £10.8m Pay, Bonus Structure and Shareholder Returns The composition of Murphy’s pay highlights where Tesco is rewarding performance: Full payout of cash‑flow and earnings‑linked components. Full credit for carbon‑reduction initiatives, such as the rollout of electric delivery vehicles. Reduced credit for the food‑waste target – only 25% of the maximum possible, after the goal was missed. Minimal credit for DEI metrics – just 1 percentage point out of a possible 8.3. What the Pay Rise Signals for UK Grocery Competition Tesco now commands 28.1% of the UK grocery market, up from a low of 26.5% in 2020 and approaching its historic peak of nearly 32% in 2007. The rise in market share has been driven by weaker performance from rivals Asda and Morrisons. By linking future bonuses to market‑share targets rather than food‑waste reductions, the pay committee signals a strategic focus on growth and competitive positioning. Future Outlook: Bonus Targets and Market Share Ambitions Looking ahead, Tesco aims to reach a 30% market‑share milestone by the end of the next bonus cycle, while maintaining its long‑term goal of cutting food waste by 50% by 2030. The removal of the food‑waste metric from the 2026‑29 bonus scheme suggests that executive incentives will increasingly reward market‑share gains, potentially prompting other UK retailers to reassess their own compensation frameworks.

The Current Standings There are seven players tied for the lead, and another 42 within three shots of them. The day before Moving Day is going to feature a lot of jostling for position. Here's what the top of the leaderboard looked like at the end of the first day: -3: Potgieter, Jaeger, Lee, Hisatsune, Kaymer, Scheffler, Smalley -2: Brown, Theegala, Greyserman, Schauffele, Conners, Reed, Lowry Weather Conditions at Aronimink It shouldn't be too different to the first day. A little bit warmer, but with the wind expected to occasionally pick up again. It's blowing pretty briskly right now. There's not much chance of rain, and the course didn't get a soaking tonight, so it'll be a little bit firmer and the ball should scuttle further. Which, given so many of the fairways at Aronimink tilt towards penal rough, may not necessarily be a good thing. But it's a great day for golf! Michael Block's Remarkable Run Block party. It's happening again. He's happening again. Michael Block, the club pro who lit up the 2023 tournament with three rounds of 70 and a 71 that included an ace with Rory McIlroy in attendance, is doing it again. A round of 70 yesterday, and now a 20-foot putt for birdie at the par-three 5th. He's -1 overall and already beginning to dream of making the cut. It'd be an early birthday present: he's 50 next month. Good luck finding a single punter at Aronimink who won't be cheering him on. Today's Tee Times Starting on the 1st: 1145 Michael Block, Rasmus Højgaard, Dustin Johnson 1156 Mark Geddes, Steven Fisk, David Lipsky 1207 Sungjae Im, Austin Hurt, Casey Jarvis 1218 Andrew Putnam, Michael Kartrude, Matt Wallace 1229 Martin Kaymer, Elvis Smylie, Davis Riley 1240 Jason Dufner, Haotong Li, Jimmy Walker 1251 Nick Taylor, Rasmus Neergaard-Petersen, Jordan Smith 1302 Emiliano Grillo, Patrick Reed, Pierceson Coody 1313 Brian Campbell, Adam Schenk, Christiaan Bezuidenhout 1324 Marco Penge, Sepp Straka, Patrick Rodgers 1335 Aaron Rai, Travis Smyth, Sami Valimaki 1346 Sam Stevens, Jayden Schaper, Garrett Sapp 1357 Timothy Wiseman, Matti Schmid, Austin Smotherman 1715 Aldrich Potgieter, David Puig, Denny McCarthy 1726 William Mouw, Chris Gabriele, Taylor Pendrith 1737 Tom Hoge, Bryce Fisher, Joaquin Niemann 1748 Keith Mitchell, Billy Horschel, Ian Holt 1759 Gary Woodland, Jason Day, Sam Burns 1810 Wyndham Clark, Cameron Smith, Brian Harman 1821 Patrick Cantlay, Min Woo Lee, Sahith Theegala 1832 Si Woo Kim, Derek Berg, Joe Highsmith 1843 Bryson DeChambeau, Ludvig Aberg, Rickie Fowler 1854 Xander Schauffele, Brooks Koepka, Tyrrell Hatton 1905 Rory McIlroy, Jordan Spieth, Jon Rahm 1916 Daniel Hillier, Ryan Vermeer, Max McGreevy 1927 Paul McClure, Mikael Lindberg, Angel Ayora Starting on the 10th: 1150 Andrew Novak, John Parry, Jordan Gumberg 1201 Ben Polland, Kurt Kitayama, Nico Echavarria 1212 Akshay Bhatia, Ricky Castillo, Michael Thorbjornsen 1223 Luke Donald, Jesse Droemer, Stewart Cink 1234 Hideki Matsuyama, J.J. Spaun, Max Homa 1245 Ben Kern, J.T. Poston, Russell Henley 1256 Adam Scott, Corey Conners, Daniel Berger 1307 Viktor Hovland, Collin Morikawa, Shane Lowry 1318 Chris Gotterup, Robert MacIntyre, Tommy Fleetwood 1329 Cameron Young, Keegan Bradley, Justin Thomas 1340 Scottie Scheffler, Matt Fitzpatrick, Justin Rose 1351 Zach Haynes, Alex Smalley, Chandler Blanchet 1402 Bernd Wiesberger, Sudarshan Yellamaraju, Andy Sullivan 1710 Braden Shattuck, Alex Fitzpatrick, Ben Griffin 1721 Francisco Bide, Harry Hall, Ryan Gerard 1732 Johnny Keefer, Rico Hoey, Nicolai Højgaard 1743 Shaun Micheel, Michael Brennan, Garrick Higgo 1754 YE Yang, Jhonattan Vegas, Matt McCarty 1805 Lucas Glover, Tom McKibbin, Stephan Jaeger 1816 Daniel Brown, Adrien Saddier, Harris English 1827 Jacob Bridgeman, Bud Cauley, Alex Noren 1838 Chris Kirk, Max Greyserman, Kristoffer Reitan 1849 Maverick McNealy, Thomas Detry, Padraig Harrington 1900 Ryan Lenahan, Ryan Fox, Kazuki Higa 1911 Jared Jones, Michael Kim, Ryo Hisatsune 1922 Tyler Collet, Kota Kaneko, Brandt Snedeker

The Threat to the Federal Reserve's Independence Jerome Powell, who stepped down as chair of the Federal Reserve, had his hits and misses. The Fed was late to react as prices started rising when the Covid pandemic abated, but they eventually acted forcefully and achieved the most rare of feats: a “soft landing”, curbing inflation without sparking a recession or damaging employment. Powell's Defense of the Fed's Independence Powell's most lasting accomplishment will most likely be his outspoken efforts to defend the independence of the Fed from an assault by the imperial presidency of Donald Trump. The chair managed the president smoothly, ignoring his demands to slash interest rates at every turn. When Trump went for the jugular, threatening to indict Powell over the spurious charge of lying to Congress about the cost of refurbishing the Fed’s headquarters, he pushed back, refusing to step down and publicly condemning Trump’s real motivation: payback. The Data Analysis Even if Kevin Warsh, Trump’s pick to replace Powell, proves to be the president’s sock puppet, eager to cut rates regardless of mounting fears of higher inflation, he is unlikely to convince most of the 11 other members of the federal open markets committee, only two of which are Trump appointees. The Impact Analysis Trump’s ultimate goal is to subjugate the Fed to his will. Though he has failed thus far, he has the right supreme court to do it, run by a conservative majority that buys into the “unitary executive theory”, which in the vernacular means let-Trump-do-whatever-he-wants. The Fed is not safe, and Powell is not the only Fed official harassed by the president. The Prediction The institutional grounding of the US government in limbo. Much of the federal apparatus looks doomed to be trampled by a whimsical president. The Fed’s independence survives, for now, hanging from an arbitrary thread. Powell should be applauded for staying on the board. He can’t stop the supreme court from making a mess. But he can help make the best of the Fed’s autonomy while it has it.