“The Pentagon on Tuesday put the cost of the war on Iran at ‘closer’ to $29 billion, roughly $4 billion more than two weeks ago, during testimony by Defense Secretary Pete Hegseth at a pair of hearings on the Pentagon’s $1.5 trillion budget request. But the new $29 billion figure, offered by the department’s comptroller, does not include the cost of repairs to U.S. facilities damaged by Iranian attacks. Pressed on the administration’s failure to seek authorization from Congress to continue fighting Iran, Mr. Hegseth told senators that President Trump had ‘all the authorities necessary’ to resume attacks if he so chooses.” (05/11/26)
“Ukrainian President Volodymyr Zelenskiy said on Tuesday he had met the CEO of Palantir Technologies, Alex Karp, as Kyiv doubles down on the use of artificial intelligence to gain an edge in the war with Russia. Kyiv has launched a project with Palantir called ‘Brave1 Dataroom’ to develop artificial intelligence based on its valuable combat data, collected throughout the conflict since Russia’s full-scale invasion in 2022, to help intercept Russian drones. ‘Today, technology, AI, data analysis and the mathematics of warfare have a direct impact on the outcome on the battlefield,’ Defence Minister Mykhailo Fedorov said on Telegram after meeting with Karp. Fedorov, who promised a sweeping, data-driven overhaul of Kyiv’s military when appointed in January, said that more than 100 companies were training over 80 models to detect and intercept aerial targets.” (05/11/26)
“A Russian cargo ship likely carrying two nuclear reactors for submarines, possibly destined for North Korea, suffered a series of explosions and sank in unexplained circumstances, about 60 miles off the coast of Spain, a CNN investigation has found. The extraordinary fate of the Ursa Major has been shrouded in secrecy since it sank on December 23, 2024. … US nuclear ‘sniffer’ aircraft have flown over the sunken ship twice in the past year, according to public flight data. And its wreckage was also visited a week after it sank by a suspected Russian spy ship which set off four further explosions …. The Spanish government has said little, only releasing a statement on February 23 after pressure from opposition lawmakers. It confirmed that the ship’s Russian captain had told Spanish investigators the Ursa Major was carrying ‘components for two nuclear reactors similar to those used in submarines,’ and that he was unsure if they were loaded with nuclear fuel.” (05/11/26)
“The Justice Department filed criminal charges against the operator of the Dali and an employee on board the container ship that struck the Francis Scott Key Bridge in Maryland, leading to its collapse and the death of six people in March 2024. The indictment unsealed Tuesday accuses two corporations and the ship’s technical operator of causing the death of the construction workers and the collapse of the Baltimore bridge on March 26, 2024. Federal prosecutors announced the indictment in Baltimore, naming Synergy Marine Pte Ltd., based in Singapore, and Synergy Maritime Pte Ltd., based in Chennai, India.” (05/11/26)
“The Senate confirmed Kevin Warsh’s nomination to a 14-year term on the Federal Reserve’s Board of Governors on Tuesday, teeing up a final vote to make the ally of President Donald Trump the central bank’s next chair. The 51-45 vote was largely along party lines, with Sen. John Fetterman of Pennsylvania the only Democrat to vote in favor of Warsh, a former Fed governor and Wall Street banker. Warsh’s nomination to be the central bank’s chair for a four-year term requires a separate Senate vote, which is expected as soon as Wednesday.” (05/11/26)
“Yoweri Museveni has been sworn in as Uganda’s president for a seventh term at Kololo Ceremonial Grounds in Kampala, extending a rule that began in 1986 to at least 2031. The inauguration, themed ‘Protecting the Gains: Making a Qualitative Leap into High Middle-Income Status,’ came after Museveni secured 71.65 per cent of the vote in the January 15 general elections. His main challenger, Robert Kyagulanyi Ssentamu of the National Unity Platform, garnered about 24 to 25 per cent and rejected the results, citing electoral irregularities, intimidation and restrictions during the campaign period.” (05/12/26)
“Japan’s top maker of snacks has landed on a creative solution to conserve oil-derived input materials: it will switch its brightly coloured packaging to black and white. In an eye-catching move, Tokyo-based Calbee on Tuesday said it would temporarily use only two ink colours on 14 of its products including its Potato Chips, Kappa Ebisen snacks and the Frugra breakfast cereal. Products with the revised packaging will hit store shelves from May 25, it said. … Japanese companies have lately sought to minimise the impact of rising costs and input material shortages even as the government seeks to reassure the public and businesses over supplies. Printing ink requires naphtha, an oil derivative for which Japan relies on imports from the Middle East for about 40% of its consumption.” (05/11/26)
“The US has been holding regular negotiations with Denmark to expand its military presence in Greenland, according to multiple officials familiar with the discussions, with talks between both sides progressing in recent months. US officials are seeking to open three new bases in the south of the territory, a semi-autonomous part of Denmark, as they work to resolve a diplomatic crisis sparked by President Donald Trump when he threatened to seize Greenland by force. Trump said in January that the US should ‘own’ Greenland to prevent Russia or China from taking it. He said this could happen ‘the easy way or the hard way.’ The White House confirmed the administration was engaged in high-level talks with Greenland and Denmark, but declined to comment on details of the negotiations.” (05/12/26)
“British Prime Minister Keir Starmer defied calls to resign on Tuesday, telling ministers he would ‘get on with governing’ despite a ‘destabilizing’ 48 hours of growing calls to set out a timetable for his departure after an election drubbing. At a meeting of his cabinet team of ministers, Starmer, in the top job for less than two years, repeated that while he took responsibility for one of his Labour Party’s worst election defeats, there had been no official move to trigger a leadership contest. … Starmer’s defiance was in marked contrast to the feelings of many in his Labour Party. On Tuesday, a junior minister resigned after a handful of ministerial aides also left the government. Housing, communities and local government minister Miatta Fahnbulleh stepped down and urged Starmer ‘to do the right thing for the country.'” (05/11/26)
“A leading people smuggler, whose network is believed to be responsible for the majority of illegal cross-Channel journeys in recent years, has been unmasked by a BBC investigation. The 28-year-old Iraqi Kurd has evaded arrest for several years by operating under the alias ‘Kardo Ranya.’ He has kept his real name a closely guarded secret, which has frustrated law enforcement agencies in their efforts to issue an international warrant for his arrest. … using contacts in the smuggling world, my colleague Rob Lawrie and I were able to follow a trail from migrant camps on the northern French coast, all the way to Iraqi Kurdistan, obtaining Kardo Ranya’s real identity and details, and ultimately confronting him.” (05/12/26)
