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The Lead Tehran, Iran – In the popular Bastan market in the west of the Iranian capital, where the inviting smell of fresh bread and fruit mingle with the sight of colourful fabrics and clothing, the scene no longer holds its usual joy. Passersby wander among the vendors' stalls, carefully turning goods over only to return them to their places. Everyday Survival in a Hyperinflation Economy "Daily shopping trips have turned into something resembling a reconnaissance mission to find out the new prices," says Mashhadi Firouz, a 63-year-old retiree. "A year ago, a kilo of rice was about 1.8 million rials ($1.31), but today it has crossed the 5-million-rial ($3.63) threshold." Similarly, a bottle of cooking oil has increased from 700,000 rials ($0.51) to more than 3 million rials ($2.18). Fatima, 46, a housewife and mother of three, explains: "I now go to the market three times a week instead of once, not because I need anything, but to see if there is a seller who has goods at a lower price." She adds, "Red meat has become a dream, chicken has become a mere guest on our table, and I have even started counting eggs one by one." The Economic Statistics Behind the Crisis A new report by the Central Bank of Iran revealed a historic jump in the annual inflation rate, reaching 77.2 percent year-on-year in the period between April 21 and May 20, with a monthly increase of 8.5 percent. Furthermore, point-to-point inflation for goods reached 113 percent. This is Iran's highest inflation rate since 1942, during World War II. The Perfect Economic Storm Arman Khaleghi, head of Iran's Chamber of Commerce, Industries and Mines, points to what he describes as a "perfect economic storm" of five factors that have all poured down simultaneously on the Iranian economy. These include: the elimination of the preferential currency, protests at the beginning of the year, the [US-Israeli] "Ramadan War," annual increases in wages and energy prices, and finally the naval blockade that hindered import and export chains. War's Impact on Consumer Behavior "With the outbreak of the war, people rushed to hoard basic goods, such as food and detergents," explains Khaleghi. "Demand jumped despite there being no real shortage in the markets, and this feverish rush alone is enough to drive up prices." The damage inflicted on primary industries, led by petrochemicals, has driven up packaging costs for the food, pharmaceutical and detergent industries, transmitting the contagion of inflation from the factory to the store shelf. The Maritime Blockade's Effect The maritime blockade has made travelling to Iran a perilous mission for cargo ships. "Even the mere news of a ship being targeted immediately raises prices, let alone the existence of actual difficulties and palpable shortages that have forced the search for more expensive alternative land routes," states Khaleghi. The Wage Paradox "The decision to raise wages and salaries was intended to compensate for the effects of the removal of the preferential currency rate and to preserve the purchasing power of the working class," explains Khaleghi. "However, the increase, which seemed substantial on paper, proved entirely insufficient in reality. The result is a sharp decline in real purchasing power, which begins by devouring household savings, then preys on health, medical, and education budgets, until it ultimately impacts daily sustenance." The Vicious Cycle of Economic Decline Khaleghi warns of a vicious cycle closing in on the economy: "We are in a situation where the state itself is bearing the brunt of the economic slowdown. Tax revenues, which were supposed to offset part of the cost of the preferential currency reforms, are also shrinking. Thus, we are faced with an impossible equation: the citizen's income is melting away, the state's income is eroding, and prices continue to soar to heights unseen in decades." Standing on the Edge of an Economic Iceberg "You would think the market is alive, but it is clinically dead," says Reza, 47, a shop owner. "People come here because the market is the last free place for entertainment. They wander aimlessly, remembering the days when they used to enter shopping malls and leave with bags that filled their car trunks." Mahmoud, 37, a lecturer at a private university, offers a historical perspective: "The country used to cover its wounds with petrodollars, and now that the effect of the anaesthetic has worn off, all the ailments have surfaced at once." He adds, "What worries me is not just the price hikes, but the experts' estimates of the consequences of flawed economic policies that have not yet emerged, because they have effectively hidden behind the noise of the war. This means we are standing on the edge of an iceberg; what we see now is only the tip."

The LeadThis week's top picks for TV include a mix of classic films and recent releases. From Pixar's latest to classic Hammer horrors, there's something for everyone. Pick of the Week: Hoppers“We’re all in this together.” It may seem an obvious eco message to be pushing at the kids who will flock to watch the latest Pixar animation. But when it’s done as charmingly as in Daniel Chong’s sci-fi comedy adventure, you’d be hard-pressed not to cheer along with the film’s endangered animals. Mabel (voiced by Piper Curda) is our teenage human guide to a biodiverse nook of woods and water near Beaverton. But when a proposed freeway causes the wildlife to scatter, she “hops” her mind into a robotic beaver (invented by her biology teacher) so she can track them down and save their glade. Crammed with neat gags, relatable villains and a shark assassin named Diane, it’s cute propaganda. Out now, Disney+ The Curse of FrankensteinThe first in what would be a distinguished line of colourful “Hammer horrors”, Terence Fisher’s 1957 adaptation of Mary Shelley’s novel still packs a punch. Unable to copy the pathos-tinged Boris Karloff look, the film-makers fashioned a creature with a grey, clammy pallor and irredeembly violent tendencies. He doesn’t even turn up until halfway, but luckily Peter Cushing – in his first movie starring role – commands the screen as the hubristic Baron Frankenstein, a monomaniac diving gleefully off the ethical deep end. Saturday 6 June, 9.05pm, Talking Pictures TV VermiglioThe simple, traditional life of an Italian mountain community butts up against the frictions exposed by the second world war in Maura Delpero’s sensitive, beautiful drama. Tommaso Ragno wields his forbidding white moustache well as local teacher, and father of eight, Cesare. He is harbouring two army deserters: his nephew and the lad’s Sicilian friend Pietro. But then his eldest daughter Lucia falls for Pietro, disturbing the family’s balance of power and stress-testing parental and gender norms to the brink of collapse. Saturday 6 June, 9.20pm, BBC Four The Beautiful GameFor better or worse, out come the footie films for the World Cup. Thea Sharrock’s quirky comedy is one of the niftier ones. Based on a true story, it revolves round the Homeless World Cup. Bill Nighy is his usual wryly comic self as Mal, the manager of the England squad – young men all with tragic backstories – as they head to the tournament in Rome. Mal’s secret weapon is Vinny (Micheal Ward), who nearly made it as a pro but is now a bundle of resentment. The social issues are only touched on, but the “no I in team” moral is loud and clear. Sunday 7 June, 3.35pm, Channel 4 NomadlandChloé Zhao’s moving 2020 drama is one of those rare Oscar winners that feels like an instant classic. It is a portrait of America’s “nomads” – mostly middle-aged loners whose home is their RVs, as they seek out seasonal work and form temporary communities. Acting among an array of real-life travellers, Frances McDormand is a case study in less is more as widow Fern, who heads out into the wide vistas of her nation to discover if this is a meaningful life or merely existing. Sunday 7 June, 1am, Channel 4 The ChoralTODO

The Lead: Plymouth's Defense RevivalPlymouth, historically known as Britain's ocean city, is undergoing a significant transformation as renewed government investment in the defense sector promises to revitalize its economy. With £4.4bn pledged over the next decade for the Devonport dockyard, the city aims to create thousands of new jobs and regenerate its city center, marking its largest regeneration since post-World War II rebuilding.The Maritime Defense Hub: Plymouth's Strategic AdvantagePlymouth's role as a center of UK defense dates back to the 16th century, with Sir Francis Drake setting sail from here on his circumnavigation and the Pilgrims departing for America on the Mayflower. Today, the city hosts the Royal Navy's Devonport dockyard, the largest naval base in Western Europe, and is home to approximately 300 companies in the maritime and defense supply chain.UK-headquartered Babcock oversees repairs, maintenance, refitting, and defuelling of the country's nuclear submarine fleet at the privatised part of Devonport. International companies are also establishing a presence, with Germany's Helsing producing underwater drones, France's Thales operating a marine autonomy center, and the waters of Plymouth Sound serving as a test bed for autonomous and maritime systems.Financial Impact: £4.4bn Investment and Job CreationThe government's £4.4bn investment in Devonport is expected to create up to 25,000 new jobs at the dockyard and across the supply chain. These positions are projected to offer higher wages than many available in the region, where average weekly earnings currently trail those in the rest of England.According to Plymouth city council estimates, 5,500 dockyard workers will be needed in the coming years just to replace those retiring. The council leader Tudor Evans emphasizes that this investment will effectively give Plymouth as a whole a "pay rise," with the potential being "huge" for the local economy.Regional Transformation: From Economic Uncertainty to Defense OpportunityPlymouth has faced economic challenges in recent decades, with spending cuts and the loss of dockyard jobs forcing the city with a proud maritime history to confront economic uncertainty. However, the renewed focus on defense presents a significant opportunity for transformation.Babcock's announcement that it is moving 2,000 of its 7,500 employees at Devonport into the city center—converting a former House of Fraser department store into a training center and offices—signals confidence in the city's future. The company speaks of its long-term commitment to Plymouth, citing a 70-year pipeline of work related to maintaining the UK's submarine fleet.Future Outlook: Regeneration and Long-term SustainabilityThe council's vision extends beyond immediate job creation to building sustainable communities. Plans include constructing 10,000 new homes in the city center, including 144 rental flats and a skills hub for college students within a 14-storey civic center. Homes England, the government agency for social housing, has already purchased four large sites in the city.Local leaders recognize that regeneration is essential. The city's postwar concrete design with limited housing has left it deserted after 5pm as shops closed and jobs moved out. The current regeneration program aims to make Plymouth an appealing place to live, leveraging both the defense investment and the region's natural beauty.As Tudor Evans notes, the city aims to retain the wages earned by defense workers rather than seeing them "disappearing up the A38 and the M5 when people finish work to go home for the weekend." This long-term vision positions Plymouth not just as a defense hub, but as a thriving maritime city for generations to come.

Unpacking America's Defining Speeches Ben Rhodes, a former speechwriter and deputy national security adviser to Barack Obama, has written a book titled 'All We Say: The Battle for American Identity: A History in 15 Speeches'. The book examines 15 significant speeches that have shaped American history and identity. The Event Details Rhodes' book starts with speeches from 250 years ago, including those by Benjamin Franklin and Sagoyewatha or Red Jacket. It covers great speeches by figures such as Frederick Douglass, Abraham Lincoln, Franklin D Roosevelt, Martin Luther King Jr, and John F Kennedy. The book also includes reactionary voices like Alexander H Stephens, Ronald Reagan, and Donald Trump. The Data Analysis Rhodes notes that it was challenging to find speeches by women, particularly before World War II. He highlights the speeches of lesser-known 19th-century campaigners like Maria Stewart and Anna Dickinson, as well as Dolores Huerta, the champion of Hispanic workers. The Impact Analysis The book aims to show how American identity has evolved over time. Rhodes discusses how Obama's speeches, such as 'A More Perfect Union', addressed issues of race and identity. He also analyzes speeches by other significant figures, including Frederick Douglass and his 'Composite Nation' speech, which advocated for mixed-race democracy. The Prediction Rhodes' work offers insights into the complexities of American identity and the power of speeches to shape the national conversation. His book provides a nuanced understanding of the country's history and the ongoing struggle to define what it means to be American.

The LeadThe UK government's approach to climate change represents a dangerous paradox: while demanding rapid action on the climate crisis, it simultaneously undermines the public participation and democratic consent necessary to achieve a just green transition. This authoritarian approach—characterized by coercion without persuasion—risks alienating the very people needed to drive the societal transformation required to address the climate emergency.The Communication FailureSuccessive UK governments have failed to communicate the existential nature of the climate crisis to the public. Unlike the emergency briefings during the COVID-19 pandemic or the national mobilization during World War II, there has been no equivalent government-led communication effort on climate breakdown. The National Emergency Briefing campaign, which has shown films in over 1,000 UK venues, highlights this vacuum in official communication. Without government leadership on this defining issue, scientists, activists, and journalists are left as 'faint voices in the storm' attempting to explain the societal transformation needed.The Legal Rights ErosionThe government has proposed curtailing the public's legal right to object to new energy infrastructure deemed 'critical.' Development consent orders for such projects would effectively gain the status of acts of parliament, making legal challenges by local people nearly impossible except on human rights grounds. This represents another centralization of power, shifting the planning system from one based on consent to one based on decree.The case of the Vanguard offshore windfarm, which was delayed by a legal challenge supported by 85 parish and town councils, exemplifies the government's approach. Despite the challenge being upheld by the court for proper reasons—failure to consider cumulative impacts—the government now seeks to eliminate such legal correctives to potentially flawed decision-making.The Protest ParadoxWhile limiting public participation in energy infrastructure decisions, the government has simultaneously enacted laws that create a 'new class of political prisoner'—people protesting for greater climate ambition who face harsh sentences. This differential treatment reveals a troubling pattern: the state protects the interests of green infrastructure developers while criminalizing those who demand more ambitious climate action.The government's briefing against Britain's membership of the Aarhus convention—which limits costs for environmental objectors—further demonstrates this approach. Without cost limitation, individuals seeking to protect local landscapes or wildlife habitats could risk losing everything they possess, fundamentally undermining access to justice.The Democratic DeficitThis authoritarian approach to climate policy is not only undemocratic but counterproductive. The green transition requires broad public consent and participation—akin to a war effort or pandemic response—yet the government treats it as a technical challenge with purely technical solutions. By limiting public input and criminalizing protest, the government generates anger, resistance, and resentment—effectively providing a gift to the fossil fuel industry and undermining the very climate action it claims to pursue.As Monbiot argues, the vast response needed for climate breakdown must be a joint endeavor that happens 'with us, not to us.' Until the government recognizes this fundamental principle, its climate strategy will remain deeply flawed—neither fast enough nor fair enough to address the existential crisis we face.

The Lead: Romanian Director's Second Palme d'Or TriumphFjord, a thought-provoking drama about a Christian family in Norway from Romanian director Cristian Mungiu, has won the best film prize at the Cannes Film Festival. Mungiu won his second Palme d'Or at a star-packed closing ceremony at the festival on Saturday, becoming just the 10th filmmaker to achieve this prestigious double victory.The Film: Cultural Clash and Progressive Values QuestionedThe drama starring Sebastian Stan and Renate Reinsve is centered around the clash of values that ensues when a religious family relocates from Romania to a Norwegian village. It tells the story of evangelicals who move to Norway, but soon after have their children taken from them by child services for spanking them. Mungiu has called it a tale of "left-wing fundamentalism."The movie is based on true events and is notable for how it questions the supposedly progressive values of the Norwegians depicted in the film, as well as the child welfare system. "This is a message about tolerance, inclusion, and empathy. These are wonderful values that we all cherish, but we need to put them into practice more often," Mungiu told the audience.The Impact: A Statement on Cultural ToleranceMungiu's victory with Fjord comes nearly two decades after his first Palme d'Or win in 2007 for "4 Months, 3 Weeks and 2 Days," a Romanian abortion drama. This back-to-back recognition of his work at Cannes establishes him as one of Europe's most significant contemporary filmmakers. The film's exploration of cultural differences and the complexities of implementing progressive values across different societies adds important discourse to contemporary international cinema.The film's recognition also highlights Cannes' continued commitment to showcasing films that tackle complex social issues and challenge audiences' perspectives. By awarding a film that questions both conservative religious practices and progressive social systems, the festival demonstrates its role as a platform for nuanced cultural examination.The Recognition: Other Award Winners at Cannes 2026Russian war drama Minotaur, by Andrey Zvyagintsev, which depicts a callous businessman caught up in Russia's invasion of Ukraine, won the Grand Prix second prize. "Put an end to the carnage, the whole world is waiting for it," Zvyagintsev, who now lives in exile in France, told the audience in a message addressed to Russian leader Vladimir Putin.Belgium's Virginie Efira and Japanese actor Tao Okamoto shared the best female performance award for their roles in nursing home drama, All of a Sudden, by Japan's Ryusuke Hamaguchi. Belgian duo Emmanuel Macchia and Valentin Campagne from gay World War I drama, Coward, also shared the male best actor award for their roles in the Lukas Dhont-directed movie.Rwandan filmmaker Marie-Clementine Dusabejambo won the Camera d'Or for best first film for her genocide drama, Ben'Imana, which she dedicated to "the women of my country".The Future: International Distribution and Critical AcclaimWith the prestigious Palme d'Or now attached to Fjord, the film is positioned for international distribution and likely significant awards season consideration. Mungiu's unique perspective on cultural clashes and his ability to create compelling narratives that challenge both conservative and progressive viewpoints will likely make this film a subject of academic study and critical analysis for years to come.The film's exploration of the complexities of implementing values across different cultural contexts resonates with contemporary global discussions about migration, cultural integration, and the implementation of social policies. As international audiences engage with Fjord, it may spark important conversations about how societies balance cultural preservation with social progress.

The LeadThe biggest Brexit donor Peter Hargreaves once said "insecurity is fantastic" while promoting Brexit, a policy that has demonstrably created insecurity for many Britons. This paradox lies at the heart of a political system where accountability appears increasingly dead, allowing figures who create chaos to benefit from it.The Historical Pattern of Political Accountability FailuresThroughout history, political accountability has been more myth than reality. Benito Mussolini fomented riots to push Italy into World War I, then capitalized on the resulting national humiliation to rise to power. Similarly, Winston Churchill's disastrous handling of the Norway campaign led to his predecessor's downfall, yet Churchill himself emerged as the replacement. These historical patterns suggest that those who generate insecurity often profit from it.Farage's Brexit and Its ConsequencesNigel Farage played a pivotal role in the Brexit decision, much like Mussolini did for Italy's entry into WWI. The policy has delivered "misery and retreat" rather than the promised benefits, yet Farage faces no electoral punishment. Instead, the insecurity and decline exacerbated by Brexit have enabled the rise of his Reform UK party, with further decline likely to boost his political prospects.The Psychology of Political AccountabilityResearch by Christopher Achen and Larry Bartels in "Democracy for Realists" reveals that voters possess almost no capacity for attribution. The theory of "retrospective voting" is essentially a fairytale. Voters consistently and systematically punish incumbents for conditions beyond their control while failing to hold actual responsible parties accountable. This psychological blind spot enables politicians to escape responsibility for their actions.The Crisis-Driven Political CycleModern politics increasingly operates through a crisis-driven cycle where leaders appear to create new crises to distract from old ones. Boris Johnson and Donald Trump have both demonstrated this pattern. The more dysfunctional and turbulent life becomes, the more such figures can position themselves as saviors and redeemers, effectively profiting from the chaos they help create.The Future of Political AccountabilityThe current political system is premised on a theoretical accountability that bears no relation to reality. Success in politics comes not from listing achievements but from demonstrating hope through powerful stories of transformation. Governments that spend on public services and show life is improving tend to fare better. The UK's current approach, which reinforces hopelessness and decline while alienating its base, appears destined to fail unless fundamental changes occur.

The End of a 78-Year Alliance: US Suspends Joint Defense Board with CanadaThe United States has abruptly terminated its participation in the Permanent Joint Board on Defense (PJBD), a strategic forum established during World War II, citing a failure by Canada to meet its defense obligations. This move signals a deepening rift in North American relations under the Trump administration and highlights a strategic divergence in defense spending priorities.The Suspension of the Permanent Joint Board on DefenseUS Undersecretary of Defense Elbridge Colby announced the suspension on Monday, arguing that the forum is no longer beneficial. The board, which has served as a primary forum for continental defense since 1940, has been a cornerstone of US-Canada relations.Official Reason: Colby stated the US would halt involvement to "reassess" the forum's benefits.Rhetoric vs. Reality: Colby criticized Canada for prioritizing rhetoric over "hard power," claiming the country has failed to make credible progress on defense commitments.Historical Context: Relations have grown strained since Donald Trump returned to office in 2025.Defense Spending Commitments vs. RealityThe US decision underscores a broader dispute over burden-sharing within NATO and North American security. While Canada has publicly committed to increased spending, the US argues the actual progress does not match the rhetoric.NATO Targets: At the 2025 Hague summit, nearly every member state, including Canada, agreed to increase defense spending to 5% of their GDP.Canada's Allocation: The Carney government committed 3.5% of GDP to core military capabilities and the remainder to security-related expenses like port improvements and emergency preparedness.Strategic Vision: Prime Minister Mark Carney has advocated for "middle powers" like Canada to band together to sidestep great power rivalry, reducing dependence on the US.Fracturing Bonds Beyond SecurityThe defense suspension is the latest symptom of a broader deterioration in bilateral relations, extending far beyond military cooperation into trade and sovereignty.Trade and Tariffs: Trump has pursued an aggressive tariff regimen against Canada over trade policies and border security, threatening 100% tariffs on imports.Sovereignty Threats: The administration has frequently suggested Canada could avoid tariffs by becoming the US's 51st state, a proposal that has drawn criticism from both sides of the border.Political Fallout: Republican Representative Don Bacon criticized the decision, arguing that insults and "animosity" gained from annexation taunts have cost the US economically and militarily.A New Era of North American AutonomyAs the US re-evaluates its alliances, Canada is likely to accelerate its strategic pivot toward diversification and regional autonomy.USMCA Negotiations: The US, Canada, and Mexico are set to renegotiate the USMCA later this year, a process that will likely be contentious given the current administration's stance.Strategic Independence: Canada's focus on "middle power" alliances suggests a long-term strategy to reduce reliance on US military and economic protection.Future Outlook: The suspension of the PJBD marks a definitive break from the post-WWII security architecture, forcing both nations to navigate a more transactional and competitive relationship.

The Current Champions Argentina head into the FIFA World Cup 2026 as the reigning champions after dethroning France at the Qatar World Cup 2022 to win their third title. Historical World Cup Winners Brazil is the most successful team in the tournament’s history, having won the title five times. Here is a list of all the previous World Cup winners: 1930 – Uruguay – Uruguay hosted and won the inaugural World Cup, defeating Argentina in the final. 1934 – Italy – Italy won the first of their four World Cups in this edition. 1938 – Italy – Italy won the last World Cup before World War II put the tournament on hold for 12 years. 1950 – Uruguay – La Celeste famously defeated Brazil in the final at the Maracana to win their second World Cup. 1954 – West Germany – West Germany won the World Cup hosted by Switzerland. 1958 – Brazil – A 17-year-old Pele scored six goals as Brazil lifted their first World Cup. 1962 – Brazil – Brazil became the second team after Italy to successfully defend a World Cup crown. 1966 – England – Football “came home” for the first and only time so far in 1966 when England won the World Cup at Wembley. 1970 – Brazil – Pele got his hands on the trophy for the third time in 1970. No player in history has won as many World Cups as him. 1974 – West Germany – Led by Gerd Mueller, West Germany won their second World Cup. 1978 – Argentina – Argentina won their first World Cup in 1978, defeating the Netherlands in the final. 1982 – Italy – A Paolo Rossi-inspired Italy won the 1982 tournament in Spain. 1986 – Argentina – The legend of Diego Maradona was written at the 1986 World Cup in Mexico, where the mercurial genius almost single-handedly led Argentina to glory. 1990 – West Germany – Maradona’s Argentina reached the final in 1990 as well but were thwarted by West Germany, which won eight months after the Berlin Wall fell and three months before Germany’s unification. 1994 – Brazil – The first World Cup in North America was won by Brazil, which claimed their fourth title in the United States. 1998 – France – France won the tournament at home with players like Zinedine Zidane, Thierry Henry and Patrick Vieira ushering in a new era of success for Les Bleus. 2002 – Brazil – Brazil won a record fifth World Cup, overcoming Germany in the final. 2006 – Italy – Despite Serie A being rocked by match-fixing allegations, Italy showed great resolve to win the 2006 edition. 2010 – Spain – Spain’s possession style of football saw them win their first World Cup in South Africa in 2010. 2014 – Germany – After making the semifinals in each of the previous two editions, Germany finally got their hands on the trophy again in 2014. 2018 – France – Didier Deschamps, who captained France to their 1998 triumph, won the World Cup for a second time in 2018 as coach. 2022 – Argentina – Lionel Messi, one of the greatest footballers the world has ever seen, won the one title that had eluded him in one of the greatest finals the World Cup has ever seen. After battling France to a 2-2 draw after 90 minutes and a 3-3 draw after extra time, Argentina won 4-2 on penalties. The Legacy of the World Cup Eight countries have won the World Cup in its 92-year history. The tournament continues to be a pinnacle of achievement in international football.