Abu Dhabi’s exit from the oil cartel on May 1 removes OPEC’s third-largest producer and a member since 1967, freeing the UAE to exploit a capacity gap that has cost it roughly 1.35 million barrels of daily production under quota constraints.
Posted inWorld
Starmer faces rebellion as Labour loses 1,500 council seats to Reform
The UK’s local elections on May 8 delivered Labour its worst council result in decades, with the party losing 1,496 seats and control of 38 councils, and 72 MPs now demanding Starmer resign or set a departure timetable.
Posted inWorld
Myanmar’s generals move Suu Kyi before ASEAN summit, but doubts linger
Myanmar’s military government announced the transfer of Aung San Suu Kyi from prison to house arrest on April 30, a move analysts read as diplomatic staging ahead of the Association of Southeast Asian Nations summit rather than a genuine political opening.
Posted inWorld
BJP wins West Bengal for the first time, but nine million lost their vote
Modi’s party captured 207 of 293 seats in Bengal — the first right-wing majority in the state since independence — while election monitors documented the largest single-state voter-roll purge in Indian electoral history.
Posted inWorld
Peter Magyar ends Orbán’s sixteen-year grip on Hungary
With 53.6 percent of the vote and a two-thirds parliamentary majority, Tisza delivered the most consequential electoral result Hungary has seen since the fall of communism.
Posted inGeopolitics
The trap Xi named
Xi opened the Beijing summit by invoking the Thucydides Trap. Trump replied with “fantastic relationship.” The asymmetry is the story.
Posted inGeopolitics
What Iran has left
Trump says the ceasefire is on life support. The deeper question is how few options Tehran has left to bargain with.