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BBC The Repair Shop guest issues apology and holds back tears over ‘challenging’ fix

BBC expert Steve Fletcher was given the task of restoring a sentimental item on the latest episode of The Repair Shop.

Emotions were at an all-time high during The Repair Shop as BBC’s Steve Fletcher and Dominic Chinea welcomed Robin into the workshop.

The guest had a large globe with him, which he explained was a ‘world clock’ and was built by his great-grandfather.

He commented: “It’s based on a grandfather clock mechanism. The idea is that the clock makes the globe rotate once every 24 hours. Then, using the numbers on the ring around the equator, you can see what the time is anywhere in the world.”

The BBC stars were blown away as they both called it ‘amazing’ before Robin confessed that he’s never known it to work in his lifetime.

Curious, horologist Steve asked if his great-grandfather was a clock-maker, as the guest explained that he wasn’t, he had been a mechanical engineer, but made the item in his spare time in the 1930s after retirement.

He added: “There’s a little newspaper cutting in here, according to the newspaper it’s supposed to chime every half hour. It took him five years to perfect.”

Sadly, Robin shared that his great-grandfather died when he was one year old, but he has memories of the item in his grandad’s dining room.

When asked what he wanted them to do with the unusual clock, Robin stated the idea would be to get it working, which is something his own father had wanted to do but never was able to.

He added: “If he’d have seen it working, I think it would have really been special to him if I could get it working now, in his memory, but also, grandfather and great-grandfather before that. Just to keep the family legacy going, as it were.

In the end, after the item was worked on by both Steve and Jonathan Wright, it was time for Robin to return to see the final restoration.

When the globe was revealed, which the experts managed to get working once again, Robin was blown away. He commented: “Wow! Well, it looks gorgeous, it really does look gorgeous. I’m… I am stunned, I really am stunned. Thank you. That’s a lovely sound, isn’t it?”

When Steve turned the clock strike on, Robin laughed as he struggled to hold back his emotions. He added: “Wow, that is so sweet. Sorry. I’d have loved my dad to have seen it and heard it. He’d have been thrilled. It’s really, it is emotional.

“Extremely emotional, but it’s magical, fabulous. We shall treasure it until it’s time to hand it on to the next generation.”

Steve added: “It’s been a real great challenge, so thank you very much for bringing it in.

The Repair Shop is available to watch on BBC iPlayer.

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Oppenheimer: Trump holds the reins on Netanyahu’s escalation options | Israel attacks Lebanon

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Yariv Oppenheimer told Al Jazeera that Israeli PM Benjamin Netanyahu has incentives to escalate tensions with Iran and Hezbollah but is constrained by US President Donald Trump and US interests. He said Iran’s June 7 response was a warning, not a push for war, and doubts Trump would allow major Israeli retaliation.

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If Pratt holds off Raman, the L.A. mayor’s race could be a holy war

L.A. Mayor Karen Bass made what sounded like a victory speech Tuesday night.

Councilmember Nithya Raman made what sounded almost like a concession speech.

And former reality TV star Spencer Pratt relayed a message from the heavens.

“Well, obviously God wanted five more months of me exposing all the failures of our mayor, so it’s gonna be a fun ride,” Pratt said. “I hope she’s ready.”

Assuming Pratt holds on to one of the two spots in the Nov. 3 general election as the final votes are tallied in the next few days, the smart money will be on Bass, for reasons I’ll get into in a moment.

But the supreme being and patron of all pontiffs has to be considered a wild card. This is the first time, to my knowledge, that an incumbent mayor in the City of Angels would be running against a challenger whose campaign manager is God Almighty.

So here we go. We could be in for one of the more remarkable electoral adventures in city history, with a complete novice and MAGA conservative going up against a liberal career politician in a deep-blue city and state full of people who are tired of hearing excuses from Democrats. (If Raman ends up ousting Pratt, my apologies for jumping to conclusions. But it’s not my fault. The devil made me do it.)

If you intend to follow closely, as of course you should, maybe you can help me count the number of times Pratt plays the faith card. I went to St. Peter Martyr School and attended the church by the same name, and I don’t recall ever hearing a nun or a priest drop God’s name as often as Pratt does.

In fact, I just watched a clip of Pratt talking to Fox News TV host and Donald Trump disciple Kayleigh McEnany, and over the course of 1 minute and 52 seconds, he mentioned God or Jesus 10 times.

“Thankfully, I married an angel who was very connected with Jesus and has brought me to the light,” Pratt said of his wife and former reality TV co-star Heidi Montag. “It’s been very empowering to just pray and just be on his path and just say, ‘God, if you want me to save these animals, save these humans and protect my city, just keep putting me in the place where I can do that.’”

Is he running for mayor or cardinal?

Look, I totally respect your average true believer. But I’m not entirely comfortable with a mayor who might be sitting around City Hall waiting for signs and smoke signals rather than knowing what to do on his own.

God has a lot on his plate. He might be busy multiplying fishes and loaves so people don’t go hungry thanks to the president’s tariffs and warmongering. Is he going to rush to answer a prayer for guidance about underfunded parks or broken sidewalks in Los Angeles?

How did we get here, you ask?

Well, Pratt is an AI creation, in a way. A composite of sorts. You combine the forces of social media, political rebellion, second-rate celebrity obsession and the Peter Principle, and here’s a little Trump puppet walking around L.A. like he’s the chosen one.

Add to that the very real essence of his appeal to some voters:

Los Angeles has problems. Big problems that don’t get fixed quickly enough or at all, and Pratt represents the angry voter who wants to know why City Hall can’t do better and where all the money went. He’s absolutely right when he says we shouldn’t have people living on the streets, using drugs on the streets and dying on the streets.

But if Pratt is in the general election rather than Raman, we’re in for a national media circus rather than a summit on solutions. Raman is well-versed on matters of relevance and could have pushed back against Bass in substantive, detailed ways. On the other hand, as Pratt has fairly argued, Raman headed City Council’s homelessness committee, so isn’t she partly to blame for the failures she tried to pin on Bass?

As for Pratt’s policy chops, he has not responded to my offers of a get-together. Absent that, and given his careful avoidance of local reporters who know their stuff, I read his platform on his campaign website and I can tell you that while he touches on many of the right issues — public safety, fiscal integrity, homelessness — attention to detail and depth of knowledge are not God-given strengths.

Maybe Pratt can actually deliver on his promise of a “treatment-led recovery model that addresses mental illness and addiction as the primary drivers of chronic homelessness.” But that would require an act of God (which I suppose is possible given their relationship), because those matters are primarily under the direction of the county, not the city.

This is the main problem here. Bass was beatable, and could have been pushed by a serious challenger to do better.

In the last election, Rick Caruso gave her a scare. That was partly because he had some depth on the issues, he was a successful businessman and philanthropist, he had served on the police commission and the water and power board, he had built relationships across the city and, along with his family, he had poured time and millions of dollars into underserved communities.

In this election, it looks as though Bass could get lucky and face off against a guy who lost his house in the Palisades fire, saw a few homeless encampments through his car window, and decided he wanted to be mayor. Some might have questioned his hubris, but only before learning that he was on a mission from God.

If you’re keeping count, that’s nine mentions of God so far in this column.

One more for the tie, with an eye toward five more months of campaign fodder.

Thank you, God.

steve.lopez@latimes.com

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Los Angeles city attorney trails challengers early; incumbent city controller holds lead

Los Angeles City Atty. Hydee Feldstein Soto lagged behind her two well-funded challengers based on early returns Tuesday night. But her incumbent colleague, City Controller Kenneth Mejia, appeared to be faring better in his bid to stay in office, holding a double-digit lead over finance executive Zach Sokoloff.

Progressive Marissa Roy led the field vying to serve as Los Angeles’ top lawyer in the first batch of returns surfacing around 8:20 p.m.

L.A. County Deputy Dist. Atty. John McKinney sat in second, while Feldstein Soto was positioned third. The top two finishers will advance to November’s general election. It could be days before the outcome of the race is clear. Mail-in ballots with a Tuesday postmark will be accepted by county election officials for another week.

With only two candidates running, the controller’s race will be decided this month and will not go to a runoff in November.

The city attorney’s race transformed suddenly this spring after the Los Angeles Police Department’s largest union broke with Feldstein Soto and backed McKinney. Independent expenditure campaigns have thrown $3 million behind McKinney in recent weeks, with much of that money coming from a political action committee controlled by Airbnb.

Feldstein Soto sued the rental giant for violating price gouging laws in the wake of the Palisades fire last year and has openly questioned whether McKinney would shy from aggressive litigation against Airbnb if elected.

“Special interests have gotten really accustomed to special treatment at City Hall. They get special treatment all the time,” Feldstein Soto said in a recent interview, suggesting that both McKinney and Roy had been compromised by outside spending. Independent expenditure campaigns supporting Roy also received roughly $725,000.

McKinney told The Times that if elected, he would “absolutely” sue Airbnb if necessary.

A representative for Feldstein Soto’s campaign declined to comment on the early returns late Tuesday night.

The three leading candidates often sounded like they were campaigning for different jobs.

Roy said she would run the city attorney’s office as L.A.’s “largest public interest law firm,” focusing on tenants’ rights, wage theft and other issues affecting working-class Angelenos. A deputy attorney general in the California Department of Justice, she also vowed to sue the Trump administration, linking arms with the attorney general’s office and other city attorneys in aggressive litigation to curb what many Californians see as targeted abuses of power.

McKinney talked more like he was running for city prosecutor, leaning heavily on his experience winning high-profile felony trials in the downtown courthouse. He said he would improve the way the city attorney prosecutes gun crimes and animal abusers. Despite his lack of experience as a civil litigator, McKinney also said he could bring down the city’s litigation costs, which exploded under Feldstein Soto.

“While all votes have not yet been fully counted, we feel optimistic about qualifying for the General Election in November. People want political courage. They want leadership,” McKinney said in a statement Tuesday night. “What is already clear, is that this election has been shaped by the pressing and undeniable concerns of the people of Los Angeles.”

McKinney previously ran for L.A. County district attorney in 2024 but disappeared in a crowded primary field.

While her term has been marked by financial strain, allegations of misconduct and mistreatment of employees and recent questions about her handling of a data breach that led to the leak of a trove of LAPD records, Feldstein Soto maintained that her opponents are far too inexperienced to serve as the city’s top lawyer.

She said she improved public safety by repairing her office’s relationship with the LAPD and filed more misdemeanors than her predecessor. Although legal costs surged, Feldstein Soto said she did her best to mitigate damage on a number of difficult cases she inherited when taking office in 2022. The rise of so-called “nuclear verdicts” in civil claims reflects a nationwide trend rather than a fault of her leadership, she said.

Feldstein Soto was endorsed by Mayor Karen Bass and U.S. Sen. Adam Schiff (D-Calif.). Roy had the support of the L.A. County Democratic Party, the city chapter of the Democratic Socialists of America and U.S. Sen. Bernie Sanders (I-Vt.). In addition to the police union, McKinney was backed by his boss, L.A. County Dist. Atty. Nathan Hochman.

The city controller’s race, normally a fairly sleepy affair, has turned into the second-highest-spending race in the city.

Mejia, 35, known for his two corgis that he often features on billboards across Los Angeles, sought to retain his seat as the city’s accountant and auditor.

His only challenger was Sokoloff, a senior vice president for asset management at Hackman Capital Partners. Sokoloff, 37, alleged Mejia did not properly utilize the controller’s office to run audits on city departments and failed to keep up the auditing pace of his predecessor.

Sokoloff’s mother, Sheryl, has spent $7.5 million on independent expenditures in the race, mostly on attack ads and mailers against Mejia. Often, the ads point to allegations that Mejia in 2023 fostered a toxic workplace and made inappropriate sexual remarks to female subordinates.

A woman who identified herself as Sheryl Sokoloff hung up on a Times reporter last week when asked about the race expenditures.

Mejia said Sokoloff’s mother — married to Jonathan Sokoloff, managing partner of private equity firm Leonard Green & Partners — was trying to bankroll the seat for her son.

Mejia has long run on accountability and transparency for the city’s budget and made public-facing databases across dozens of topics on the controller’s website in his first term.

A licensed certified public accountant, Mejia is a member of the Green Party and does not accept endorsements from political parties or politicians. He was endorsed by the Los Angeles Daily News and multiple labor unions, including the United Teachers of Los Angeles and United Auto Workers.

Sokoloff, a Democrat, was endorsed by multiple former controllers, notable Democrats — including Schiff — and the L.A. County Democratic Party, along with other business advocacy groups.

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Trump holds Situation Room meeting to decide on Iran deal

A framework agreement to end the U.S. war with Iran is all but settled, pending sign-off from the presidents of the two warring sides, President Trump said Friday, projecting optimism that a deal could finally be at hand.

Yet doubt cast a shadow over the diplomatic process entering the weekend as Trump faced a politically fraught decision to enter an agreement that would invariably require significant concessions to Tehran.

The negotiations have faced severe headwinds in recent days, with both sides accusing the other of violating a fragile ceasefire that has largely stopped the fighting since April.

On his Truth Social site, Trump said he had summoned his top aides to the White House Situation Room to decide on the deal.

The agreement would see an end to the U.S. naval blockade on Iranian ports and the removal of Iranian mines from the Strait of Hormuz, an international waterway through which 20% of the world’s energy supply passes each day. The strait, Trump wrote, will reopen with “no tolls” for “unrestricted shipping traffic, in both directions.”

And “Iran must agree that they will never have a Nuclear Weapon or Bomb,” Trump wrote, noting that Iran’s stockpile of highly enriched uranium, the key ingredient for nuclear weapons, “will be unearthed by the United States (which, it is agreed, is the only Country, along with China, with the mechanical capability of doing so!), in close coordination and conjunction with the Islamic Republic of Iran, plus the International Atomic Energy Agency, and DESTROYED.”

“No money will be exchanged, until further notice,” he added.

Treasury Secretary Scott Bessent also said the deal would require Iran to disavow the continuation of its domestic nuclear program — a diplomatic feat never before achieved throughout a quarter century of international negotiations over Iran’s nuclear work.

It is unclear whether Tehran would go that far. And Iran’s negotiators expressed defiance on Friday, stating that there was “no trust in guarantees or words” from the American side.

“No step will be taken before the other side acts first,” said Mohammad Bagher Ghalibaf, the speaker of Iran’s Parliament. “We do not gain concessions through dialogue, but through missiles.”

It remains unclear when the Trump administration would ease sanctions on Iran, how extensive that relief would be, or what form it would take — questions that fueled Republican criticism of the Obama-era nuclear deal more than a decade ago.

The working diplomatic document would formally extend the existing ceasefire for 60 days, allowing for a more detailed negotiation to take place over Iran’s nuclear program. But the truce as it currently stands is on perilous ground. Iran launched a ballistic missile on Thursday at Kuwait, a close U.S. ally, after American forces took “defensive” actions against Iranian missile launchers and mine laying boats it had launched in the strait.

The war has proven historically unpopular with the American public, and has seen oil prices soar since the U.S. military, in partnership with Israel, launched its first strikes against Iran in February.

Bessent said he is hopeful that oil prices would drop quickly once an agreement is signed. But industry analysts say the effects of the war on the oil market could last for months, if not years, with the stability of traffic through the Strait of Hormuz now in question for commercial shippers.

While oil has dropped to under $100 a barrel, markets appeared skittish on Friday over the prospects for a deal, with mixed messages appearing to emerge out of the region.

It is also unclear whether a U.S. agreement with Iran would in any way bind Israel’s hands in its military operations, either in Iran or in Lebanon, where an Iranian proxy militia, Hezbollah, has vowed to keep up the fight.

Israel has ramped up strikes against Hezbollah targets in recent days, jeopardizing a delicate ceasefire negotiated with the Lebanese government, a deal encouraged by the Trump administration in order to grease the wheels for its talks with Tehran.

Trump has been uncharacteristically silent on the prospects of an agreement in recent days, expressing cautious optimism in limited exchanges with reporters.

“It’s hard to say exactly when or if the president’s going to sign,” Vice President JD Vance, who has led the U.S. diplomatic team, told reporters, noting that “the nuclear stuff” is still subject to negotiation. “We’re going back and forth on a couple of language points.”

“I do think that we’ve made a lot of progress here,” Vance added. “Hopefully we’ll continue to make progress, and the president will be in a position where he can endorse the agreement. But obviously, that’s still TBD.”

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Hungary Nears EU Funding Deal as Peter Magyar Holds High Stakes Brussels Talks

Hungarian Prime Minister Peter Magyar said he expects to finalize a political agreement with Ursula von der Leyen over the release of billions of euros in frozen European Union funds during talks in Brussels.

The negotiations focus on unlocking financial support that had been suspended under the previous government led by former Prime Minister Viktor Orban due to long standing EU concerns regarding corruption, rule of law standards, and judicial independence.

Hungary is seeking access to approximately 6.5 billion euros in EU recovery grants and 3.9 billion euros in low interest loans before a critical August deadline. Additional structural funds worth around 7 billion euros also remain frozen.

The talks come at a crucial moment for Hungary’s economy, which has struggled with weak growth, fiscal pressure, and budgetary strain over the past three years.

Why It Matters

The potential agreement carries major economic and political significance for both Hungary and the European Union.

For Hungary, securing the release of EU funds is essential to stabilizing public finances, supporting economic growth, and restoring investor confidence. The country’s economy has experienced prolonged stagnation, while high spending pressures and limited fiscal flexibility have increased urgency around external financing.

For the European Union, the negotiations represent an important test of how Brussels balances financial support with enforcement of democratic and governance standards among member states.

The dispute over frozen funds has become one of the most prominent examples of tensions between the EU and governments accused of weakening judicial independence or failing to address corruption concerns.

A successful agreement could signal improving relations between Brussels and Hungary after years of political friction under Orban’s leadership.

Key Stakeholders

Hungary’s Government

Prime Minister Peter Magyar is under pressure to secure financial relief while also demonstrating willingness to meet EU governance expectations.

European Commission

The European Commission must balance political compromise with maintaining credibility on rule of law enforcement and anti corruption standards across the bloc.

Hungarian Economy

Businesses, investors, and public institutions in Hungary are closely watching the outcome because EU funding plays a major role in infrastructure, development, and economic stability.

European Union Member States

Other EU governments are monitoring the negotiations as they could shape future disputes involving rule of law conditions and access to EU financial support.

Analysis

The negotiations reflect a broader shift in Hungary’s relationship with the European Union following the political transition away from Viktor Orban’s administration.

Under Orban, disputes with Brussels became increasingly confrontational, particularly over democratic governance, judicial reforms, media freedoms, and corruption allegations. Peter Magyar appears to be pursuing a more pragmatic approach focused on rebuilding trust with EU institutions while securing urgently needed economic support.

However, the remaining disagreements over anti corruption measures suggest Brussels still wants stronger guarantees before fully releasing funds. This highlights the EU’s growing willingness to use financial leverage as a tool for enforcing governance standards within member states.

For Hungary, the pressure is primarily economic. Frozen EU funds have limited the government’s financial flexibility at a time when growth remains weak and fiscal conditions are strained. Unlocking the money would provide both immediate economic relief and an important political victory for Magyar’s government.

At the same time, the negotiations also carry symbolic importance for the EU itself. Brussels will want to demonstrate that compromise does not come at the expense of accountability, especially after years of criticism over democratic backsliding within the bloc.

Future Outlook

If a political agreement is finalized, Hungary could begin unlocking critical EU funding in the coming months, easing fiscal pressure and improving economic confidence.

However, implementation will remain important. Brussels is likely to continue closely monitoring Hungary’s anti corruption reforms and governance commitments before fully releasing all frozen funds.

A successful deal may also help normalize Hungary’s relationship with the European Union after years of tension, potentially opening the door for broader cooperation on economic and political issues.

At the same time, the outcome could influence future EU disputes involving rule of law conditions and financial oversight, particularly as Brussels increasingly links access to funding with governance standards.

For Hungary, the immediate priority remains economic stabilization. But politically, the negotiations may also determine whether Peter Magyar can establish a more cooperative and sustainable relationship with Europe while distancing his administration from the confrontational legacy of the Orban era.

With information from Reuters.

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Mauricio Pochettino: USA boss holds initial talks with AC Milan over managerial vacancy

Mauricio Pochettino has held initial talks with AC Milan to become their next manager following Massimiliano Allegri’s sacking.

The 54-year-old Argentine is currently preparing for the World Cup with the United States, but his contract expires after the tournament.

Pochettino’s immediate focus is on this summer’s finals, which begin on 11 June and are being co-hosted by the US, Canada and Mexico, but an eventual return to club football may interest the former Tottenham and Chelsea head coach.

However, speaking after training on Thursday, Pochettino replied “no” when asked if he had met with AC Milan’s management before being opaque about his representatives’ dealings with the Serie A side.

When asked if his representatives had had a meeting, he replied: “Maybe, possible, because they need to do their job.”

He added: “If I met someone, what happened? What is going to change if I met someone?

“We have friends everywhere and my representative works for me into trying to find the best possibility for the future. That is normal.”

Pochettino said he and US Soccer Federation chief executive JT Batson had discussed the possibility of him staying.

“He asked if we are open to listen [to] the project of the federation for the next four years,” said Pochettino.

“And we said of course we are open. Do you think that if we have a commitment with another people, we are going to waste time to listen?”

Batson said Pochettino has been “incredibly transparent” about approaches from other clubs, right from when they first met a couple of years ago, and that “there were lots of people interested in Mauricio and his team”.

Batson added: “He had standing offers from other places and he wanted to be here. He’s a big believer in what we’re doing at US Soccer. He’s a big believer in soccer in America, and he’s a big believer in this men’s team.”

Pochettino’s last club spell was as Chelsea boss for the 2023-24 season, with the Blues finishing sixth in the Premier League and losing the Carabao Cup final to Liverpool.

Before that he was at Paris St-Germain for a season and a half, winning the Ligue 1 title and French Cup.

He also had a five-and-a-half-year spell at Tottenham and reached the 2019 Champions League final, only for Spurs to lose 2-0 to Liverpool.

Pochettino, who has also managed Espanyol in Spain and Southampton, was a defender during his playing career and made 20 appearances for Argentina.

AC Milan sacked Allegri earlier this week after failing to qualify for the Champions League, in a season the club’s hierarchy described as an “unequivocal failure”.

Milan dropped from third place to fifth in Serie A after a 2-1 home defeat by Cagliari on the final day to miss out on the elite European competition for the second year in a row, although they did secure a Europa League spot.

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Delcy’s ‘Gatekeeper’: Sources Say ex-Trump Official Claver-Carone Holds Keys to Caracas

The US has leveraged threats to extract major concessions from Caracas, with Claver-Carone allegedly playing a key role. (Archive)

A mastermind of Trump’s hardline Latin American policies, Mauricio Claver-Carone no longer serves in the administration. But according to well-placed sources, he’s “picking who can operate” in Venezuela, controlling access to the government, and creating conflicts of interest.

Speaking with reporters on May 21, US Secretary of State Marco Rubio announced that Venezuelan President Delcy Rodriguez was on her way to New Delhi to discuss energy issues, and that he would be in India as well.

“This is an important trip, I’m glad we’re able to do it,” Rubio chirped after explaining the trio of nations would discuss how to increase Venezuelan oil sales to India.

His statement — and his announcement of Rodriguez’s trip before she had — perfectly illustrated Washington’s newfound dynamic with the Venezuelan government. Following over twenty years of hostile relations with Venezuela’s socialist-oriented leadership, the US Secretary of State was apparently so intimately involved with day to day affairs in Caracas that he was claiming responsibility for Rodriguez’s international itinerary.

In fact, according to an insider who enjoys close contacts within both the Venezuelan and US governments, Rubio’s influence over Rodriguez is said to be traced to one “gatekeeper”: former Trump Latin America envoy Mauricio Claver-Carone. “Mauricio [Claver-Carone] is picking who can operate and Delcy [Rodriguez] is taking instructions,” the source told The Grayzone. 

A former senior US official with access to leadership in both Caracas and Washington offered the same assessment, remarking to The Grayzone, “Mauricio’s calling the shots on private sector economic positions, and if anyone wants in, they have to go to him.”

Hand-selected by former National Security Advisor John Bolton to serve as his Latin America charge during Trump’s first term, Claver-Carone no longer occupies an official governmental role. Instead, he has leveraged his legacy in the public sector to establish a Miami-based investment firm called the Lara Fund which could become a key player in the MAGA financial feeding frenzy in Caracas.

Described by the New York Times as the “architect of Trump’s tough Latin America policies,” Claver-Carone is a Cuban-American regime change zealot who once engaged in fisticuffs with Cuban diplomats as a young man. During Trump’s first term, he unleashed a financial “flamethrower” on Cuba, issuing scores of new sanctions that unraveled the Obama-era normalization policy and plunged the island back into economic misery. 

Claver-Carone has similarly masterminded many of the policies that define Trump’s relationship with Venezuela, from its recognition of the previously unknown Juan Guaido as the country’s “interim president” to the deportation of hundreds of Venezuelan migrants from the US to El Salvador’s maximum security CECOT prison. Many of those migrants had been prompted to journey to the US by the economically crushing sanctions unleashed at Claver-Carone’s direction. 

The Grayzone’s sources described the Trump veteran as the architect of the military invasion that saw Maduro spirited away to a federal penitentiary and installed Rodriguez as president following a stand-down by Venezuelan security forces.

“If he was in charge of implementing the kinetic side, maybe [Rodriguez] thinks she has to listen to him on finance,” the Venezuela insider said of Claver-Carone.

report this January by investigative journalist Aram Roston described Claver-Carone as a “key backer” of Rodriguez following Maduro’s abduction, and cited sources who claimed he exercised decisive influence over Venezuela policy despite having left the administration.

Claver-Carone is now said to be at the heart of the most sensitive and consequential task Venezuela faces: the restructuring of its $170 billion in defaulted sovereign debt. Forced from several previous positions by corruption scandals and rancorous clashes, an operative with no official governmental position appears to be shaping the economic contours of Project Venezuela. 

“He’s got a lock on everything”

This May, the US Treasury Department authorized Caracas to hire a financial advisor to assist with the herculean task of restructuring its debt. The Venezuelan government selected Centerview Partners, a top-drawer investment and financial advisory firm based in New York City.

According to the former US senior official, Claver-Carone’s romantic partner and business colleague, Jessica Bedoya, boarded a private jet to Caracas soon after the big announcement, arriving with a top advisor from Centerview. It was her second trip to the Venezuelan capital, they said, after visiting in February to discuss financial matters. 

Claver-Carone did not respond to calls to his personal phone from The Grayzone, or to detailed questions sent by text and email. 

His partner, Bedoya, is the founder of the Lara Fund investment firm where he serves as managing partner. Her bio notes that she has also worked in the CIA and National Security Council.

Jessica Bedoya and Mauricio Claver-Carone’s headshots, as featured on Lara Fund’s webpage

Some insiders worry that her reported presence in the Venezuelan capital, together with Claver-Carone’s outsized influence, could represent a conflict of interest, allowing them to steer debt restructuring agreements to their own personal benefit.

“Now he’s got a lock on everything,” the Venezuela insider said of Claver-Carone. “He could say to anyone who wants to work in Venezuela, I’m the guy. I have the keys. If you want to play ball, invest with me.”

The former US official said Claver-Carone was raising capital for his Lara Fund while he served as a special government employee at the State Department. While Bedoya was running the firm, they said Claver-Carone was leveraging his position inside the Trump administration to pitch potential investors.

“Arbitrary and authoritarian actions that showed him to be a real thug”

When Trump appointed Claver-Carone to serve as the first American president of the Inter-American Development Bank (IDB) in 2020, he hired Bedoya as his chief-of-staff. The couple’s secret romance at the bank triggered an embarrassing ethics investigation after a hand-written contract was discovered showing they had agreed to pursue “absolute happiness,” and included a clause with punishments including “candle wax and a naughty box” if either party breached the deal. 

An independent probe ordered by the IDB discovered that Claver-Carone had increased his paramour’s salary by 40% – a $133,000 reward in less than a year. Investigators also found that the couple had racked up expenses on an IDB credit card during romantic getaways. 

Claver-Carone refused to participate in the investigation while accusing its authors of “fabrications.” In the end, IDB governors voted unanimously in favor of his firing. The US government endorsed their decision.

“President Claver-Carone’s refusal to fully cooperate with the investigation, and his creation of a climate of fear of retaliation among staff and borrowing countries, has forfeited the confidence of the bank’s staff and shareholders and necessitates a change in leadership,” they wrote.

The Argentine governor of IDB, Guillermo Francos, delivered a similarly harsh assessment of Claver-Carone’s tenure. “Claver was a disaster for several reasons,” Francos remarked in 2022. “For having an inappropriate relationship, for having disproportionately increased the salary of this inappropriate relationship, for having lied, and for these arbitrary and authoritarian actions that showed him to be a real thug.”

When Claver-Carone returned to the second Trump administration, it was not long before his proclivity for conflict jeopardized his position.

Throughout 2025, Claver-Carone’s spiteful attitude reportedly complicated Trump administration attempts to prop up a key right-wing ally in South America, Argentine President Javier Milei. Milei’s chief of staff happened to be Guillermo Francos – the former IDB governor whom Claver-Carone held personally responsible for outing his secret relationship with Bedoya. According to the Argentine paper Clarin, Claver-Carone attempted to retaliate by unsuccessfully pressuring Milei to fire Francos. He then attempted to undermine a major IMF loan package to Argentina by demanding the country first sever its credit line from China. This was met with an apparent rebuke from Treasury Secretary Scott Bessent, who visited Buenos Aires to express confidence in the IMF loan just weeks after Argentina’s central bank extended its credit line from Beijing.

The following month, in May 2025, Claver-Carone announced he was leaving the State Department to return to his Lara Fund. His departure gave the appearance that he had been forced out of his job. However, he maintained his clout through his direct line to Rubio.

The former US official told The Grayzone that Claver-Carone is now angling to become a Cuban American version of Jared Kushner, the Trump son-in-law who has leveraged his proximity to the president and role as Middle East negotiator to rake in billions from Israel and several Gulf monarchies despite having no official government title. To do so, he has allegedly inserted himself into the byzantine process of restructuring Venezuela’s debt.

When the Trump administration announced that Venezuela could hire a financial advisor to assist with its sovereign debt, Rodriguez initially planned a public bidding process for the coveted position. But then, according to the ex-US official, Claver-Carone issued support for Centerview, leading to the firm’s selection. (Opposition bloggers have speculated that Centerview was chosen because one of its partners, Matthieu Pigasse, is a self-described “pro-market socialist” who previously worked on deals with Maduro and Venezuela’s state owned PDVSA oil company.)

In recent weeks, according to sources, Claver-Carone has attempted to undermine financial advisors who had been working with the Venezuelan government to restructure its debt since 2014. 

They said that when Claver-Carone’s partner, Bedoya, arrived in Caracas this month, allegedly on a private jet with Pigasse, she began pushing to remove the advisory mandate from David Syed, a seasoned French lawyer who had advised Caracas on debt-related issues for over a decade, and is considered incorruptible. 

“The effort to push [Syed] out created a lot of tension,” remarked the Venezuela insider. “You can’t understand debt restructuring by parachuting in without his knowledge.”

Syed did not respond to The Grayzone’s request for comment. Hamouda Chekir, another Centerview partner who works on Venezuela’s debt, did not respond to calls and text messages sent to his personal phone.

Scandal-stained firms as vehicles for extracting profit from Venezuela

Just before leaving the State Department in May 2025, Claver-Carone convinced Rubio not to renew a sanctions waiver that allowed Chevron to sell Venezuelan oil in the US market. In doing so, he eliminated a mechanism which was explicitly designed to promote transparency and prevent local officials from skimming cash. 

This January, after abducting Maduro, the Trump administration granted confidential licenses to a pair of notoriously corrupt trading houses, Vitol and Trafigura, to export Venezuelan oil. The deal came months after Trump’s re-election campaign received a whopping $6 million donation from a senior trader at Vitol. 

Robert Bachmann, an analyst at the Swiss watchdog Public Eye, told the Washington Post at the time, “Trump is taking advantage of firms that know how to circumvent regulation.”

Both companies had been caught engaging in a series of elaborate bribery schemes across Latin America and Africa. In 2020, the Department of Justice (DOJ) forced Vitol to pay a $135 million penalty for bribing officials for licenses in Mexico, Ecuador and Brazil. Trafigura paid a similarly staggering fine in 2024 for a lucrative bribery scheme in Brazil. In the US, Vitol was rung up by the California Attorney General for manipulating spot market prices of oil.

But almost as soon as the Trump administration entered office, it neutered the DOJ corrupt foreign practices division charged with enforcing the judgments against Trafigura and Vitol on the grounds that it was “impeding America’s national security objectives.” 

Now, the profits these scandal-stained firms generate through oil sales abroad – including to Israel – are channeled back into a US-run account with little public oversight. A percentage of sales is then delivered back to the Venezuelan government. Where the rest goes is anybody’s guess. 

“The Venezuelans are the owners of the oil, and we know nothing. There is no transparency,” said José Guerra, an economist aligned with the Venezuelan opposition, complained to the Washington Post about the Trafigura and Vitol licensing agreements.

Trump, for his part, has essentially admitted Venezuelan oil profits are channeled into a slush fund for his international rampage. “We’ve taken out so much oil in Venezuela, we’ve paid for the cost of the war [with Iran] about 25 times over,” the president boasted during a May 23 campaign rally. While the president’s claim was absurd, as Venezuela is currently exporting only about one million barrels of oil a month – hardly enough to cover a full day of warfare – it revealed his avaricious attitude toward the entire operation.

Among certain Venezuelan opposition activists, Claver-Carone has become a figure of contempt who is partially blamed for Trump’s declaration that their de facto leader, the coup plotter and Nobel Peace Prize winner Maria Corina Machado, “doesn’t have the support within, or the respect within, the country.”

The Trump administration’s embrace of Delcy Rodriguez, and the Venezuelan president’s faithful compliance with Washington’s financial schemes, have prompted some top Democrats to adopt Machado as a partisan cudgel. This January, Chris Murphy, a ranking Democrat on the Senate Foreign Relations Committee, praised the opposition leader as “impressive” following a meeting on Capitol Hill, while taking a nasty swipe at Rodriguez. Machado “reminded us that Trump replaced Maduro with Maduro’s head of torture,” Murphy proclaimed.

If the Democrats take Congress after this year’s midterm elections, the Trump administration’s dealings in Venezuela will face intense scrutiny from the House Oversight Committee. Bipartisan pressure will then build for fresh elections to usher in a new government. “Delcy Rodríguez is a terrible person,” the regime change-obsessed Florida Republican Sen. Rick Scott told the Wall Street Journal this month. “We’ve got to have an election soon.”

In the meantime, a flock of MAGA-aligned financial vultures has swooped into Caracas to feast on the petro-state’s post-Maduro carcass. Donald Trump Jr. is said to be hunting for opportunities in the capital for his 1789 Capital fund, while a startup backed by pro-Trump tech oligarchs Peter Thiel and Palmer Luckey, Erebor Bank, just struck a lucrative deal to reconnect Venezuela’s central bank to the global economy. In the midst of this frenzy, a figure with no government title, Claver-Carone, appears to be establishing the new pecking order.

The views expressed in this article are the author’s own and do not necessarily reflect those of the Venezuelanalysis editorial staff.

Source: The Grayzone



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Pakistan interior minister holds talks with Iranian president in Tehran | Newsfeed

NewsFeed

Pakistan Interior Minister Mohsin Naqvi met Iranian President Masoud Pezeshkian in Tehran to discuss regional security and bilateral ties.

The talks also focused on growing tensions between Iran and the United States following the collapse of Pakistan-mediated negotiations

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Trump holds prayer rally to ‘rededicate’ US as ‘one nation under God’ | Donald Trump News

The administration of United States President Donald Trump has hosted a nine-hour prayer event on the National Mall in Washington, DC, as part of its efforts to commemorate the country’s 250th anniversary.

Sunday’s event was called “Rededicate 250: A National Jubilee of Prayer, Praise and Thanksgiving”, and it took place from 9am to 6pm Eastern US time (13:00 to 22:00 GMT).

On the jubilee’s website, organisers explained that their aim was to mark “rededication of our country as One Nation to God”.

The event featured performers, pastors and civil rights leaders, as well as Trump’s Republican allies, among them Senator Tim Scott of South Carolina.

“Our rights don’t come from the government,” Scott told the crowd. “No, our rights come from God, the king of kings.”

Members of the Trump administration, including the president himself, also recorded video messages that were broadcast from the stage.

Trump’s video showed him seated behind the Resolute Desk in the White House, reciting a speech from the Book of Chronicles that God gave to King Solomon, promising protection to his followers and destruction to those who forsake him.

Secretary of State Marco Rubio, meanwhile, used his video to describe the US as a country uniquely shaped by the “Christian idea”.

“Before the Christian West, most societies – and civilisations, for that matter – thought in stagnant cycles: the flooding of the Nile, the return of the rains, the cycle of the harvest. History for them was a wheel to nowhere,” Rubio said.

“But our faith calls us outwards into the limitless darkness of the unknown. It tells us to go forth and preach the gospel to the world as a witness unto all nations and to the ends of the earth.”

The event was not without controversy, though. Critics pointed out that only one speaker, a rabbi, was non-Christian.

Some religious leaders even rejected the event as a political stunt, rather than a sincere testament to faith.

Paul Raushenbush, a reverend and president of the Interfaith Alliance, posted on social media that his objections did not stem from an “antipathy towards religion”. Rather, he said his faith compels him to cherish the “rich tapestry of beliefs” that come together in the US.

“Rededicate 250 is a betrayal of America’s founding values guaranteed in the First Amendment – which made clear that there shall be no establishment of religion by the government and that each one of us should be free to live out our beliefs in our own way,” Raushenbush wrote.

Traditionally, the Establishment Clause of the US Constitution has been interpreted as prohibiting the government from establishing or imposing religious beliefs on its citizens.

But critics argue the Trump administration has blurred the separation between church and state, including by having regular prayer services at the Department of Defense.

Trump, however, has accused the federal government of “anti-Christian bias“. He launched a task force last year to root out the purported discrimination.

Evangelical Christians form a pillar in Trump’s right-wing base of support. The demographic is a powerful force during election seasons in the US, and Trump has sought to rally Christian voters ahead of major votes.

Their views could reshape how the US Constitution is interpreted. A survey from the Pew Research Center released last week found a slight uptick in the number of US adults who believe Christianity should be named as the country’s official religion. Seventeen percent now share that view, up from 13 percent in 2024.

That said, Pew researchers noted that a majority of Americans, roughly 54 percent, still believe in the separation of church and state.

About 52 percent also said that “conservative Christians have gone too far in trying to push their religious values in the government and public schools”.

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Disney’s theme parks revenue holds steady, despite national economic concerns

Walt Disney Co.’s theme parks and cruise line business is holding steady despite national concerns about discretionary consumer spending and higher gas prices.

The Burbank media and entertainment giant’s experiences division reported $9.5 billion in revenue in its fiscal second quarter, up 7% compared with the same period a year ago.

The increase was due to higher guest spending at Disney’s domestic parks and experiences, which reported a 6% bump in revenue to $6.9 billion, and more capacity on the company’s cruise line with the introduction of two new ships. The segment saw a 5% increase in operating income to $2.6 billion for the three-month period that ended March 28.

Disney’s theme parks segment was under close scrutiny given the national conversation about rising consumer costs and gas prices due to the U.S.-Iran war. Analysts had wondered whether consumers would tighten their belts and forgo vacations given the higher travel costs.

Disney did see a 1% decline in attendance at its U.S.-based parks compared with the prior year, which the company attributed to “continued softness” in international visitors, but said it was starting to move past those issues. Company executives have previously said Disney pivoted marketing and promotional efforts to attract local visitors.

Last quarter, executives indicated that results in the company’s second fiscal quarter could be affected, in part, by “international visitation headwinds,” a nod to the lower number of foreign visitors now traveling to the U.S.

Though the heightened economic uncertainty around the world could have a “potential impact” on the business, Disney Chief Executive Josh D’Amaro and Chief Financial Officer Hugh Johnston said in a shareholder letter Wednesday that the company was “encouraged by current demand.” The company expected that fiscal third-quarter domestic attendance numbers would improve, they wrote.

The company’s overall earnings were powered by its entertainment business, which posted revenue of $11.7 billion, up 10% compared with the prior year’s quarter.

That growth was driven by big gains for Disney’s streaming services — Disney+ and Hulu — which raked in nearly $5.5 billion in revenue, an increase of 13% compared with 2025, thanks to higher subscription fees from user growth and more advertising revenue. Operating income for the streaming business jumped 88% to $582 million.

Disney’s entertainment segment also had a stronger quarter at the theatrical box office, with standout performances from 20th Century Studios’ “Avatar: Fire and Ash,” the animated sequel “Zootopia 2” and Pixar’s “Hoppers.”

Overall, the company reported $25.2 billion in revenue, a 7% bump from the prior year. Income before income taxes totaled $3.4 billion, an increase of 9% compared with the same period in 2025, while operating income rose 4% to $4.6 billion. Earnings per share, excluding certain items, was $1.57, compared with $1.45 a year earlier.

Disney’s sports segment, which includes ESPN, reported revenue of $4.6 billion, a 2% increase from the same period in 2025. It brought in operating income of $652 million, a 5% slide that the company attributed to higher sports rights costs and the absence of UFC pay-per-view revenue compared with last year.

Disney also alluded to the company’s view of artificial intelligence as a “meaningful long-term opportunity,” saying it could play a role in content creation and production, monetization, workforce productivity, consumer and guest experiences and enterprise operations.

“At the same time, we are committed to implementing AI in a way that keeps human creativity at the center of everything we do and respects creators and the value of our intellectual property,” D’Amaro and Johnston said in the shareholder letter.

After noting OpenAI’s closure of the text-to-video AI tool Sora, which Disney had planned to invest in, D’Amaro and Johnston said the company will “continue to explore” commercial opportunities with OpenAI and other companies.

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Iran’s Araghchi holds talks with China’s Wang Yi in Beijing | US-Israel war on Iran News

Iran’s foreign minister meets his Chinese counterpart one week before President Donald Trump’s visit to Beijing.

Iran’s Foreign Minister Abbas Araghchi is holding talks with his Chinese counterpart, Wang Yi, in Beijing amid tensions with the United States in the Strait of Hormuz.

Araghchi’s one-day trip on Wednesday comes a week before US President Donald Trump’s scheduled ⁠visit to Beijing for a summit with President Xi Jinping on May 14 and 15.

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China’s official Xinhua news agency reported the meeting between Araghchi and Wang had begun, without providing further details.

Araghchi’s visit to Beijing marks the first time he has travelled to China, a close ally of Tehran, since the US-Israeli war on Iran began on February 28. Araghchi had spoken with Wang by telephone at least three times following the start of the war.

Earlier in Washington, DC, US Secretary of State Marco Rubio expressed hope that Beijing would reiterate to Tehran the need to release its chokehold on the Strait of Hormuz.

Iran effectively closed the strait, through which major oil and gas supplies passed, after the war began, sending prices of fuel and fertiliser skyrocketing and rattling the global economy.

Following a ceasefire in April, the US imposed its own blockade on Iranian ports in a bid to compel Tehran to agree to Washington’s terms in peace talks.

Al Jazeera’s Katrina Yu, reporting from Beijing, said two things will be front and centre on the agenda of Araghchi and Wang’s meeting – maintaining the ceasefire and reopening the Strait of Hormuz.

“We know that China has been very critical of the US’s naval blockade on Iranian ports, calling it dangerous. But increasingly, Beijing has also been critical of Iran’s decision to continually close that vital chokepoint,” Yu said.

Wang is expected to speak to Araghchi about what kind of support China can continue to offer Iran if it continues to close the strait.

“Iran will need Chinese backing, for example, at the United Nations, to continue to block any action that would put any additional sanctions on Iran because of its closure of the strait,” Yu said.

“Reportedly, the Iranian foreign minister is looking for clarity from Beijing as to what it will put on the table when Xi meets with Trump, and whether Beijing will be making any concessions to Washington that could make Tehran nervous.”

China, in return, “wants its own assurances that Iran won’t act in any escalatory way or any dramatic fashion in the lead up to that very important meeting”, she added.

Araghchi and Wang’s meeting came as Trump announced a pause on a US military operation to escort stranded ships out of the Strait of Hormuz.

The effort, which began on Monday, ratcheted up tensions, with the US military claiming it sank several Iranian boats that attempted to interfere in the operation. The United Arab Emirates also reported coming under missile and drone attacks from Iran, with one assault sparking a fire at an oil refinery. Tehran denies the launching the attacks.

Trump said on Truth Social the pause was based “on the request of Pakistan and other Countries” and because “Great Progress has been made toward a Complete and Final Agreement with Representatives of Iran”.

Pakistan has been leading efforts for a peace deal between Iran and the US.

The two sides held direct talks in Islamabad on April 11 and 12, but the negotiations ended without an agreement. Key sticking points include US demands for Iran to halt all nuclear enrichment and Tehran’s wish to continue to exercise control over the Strait of Hormuz.

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New Iranian Attacks On UAE As Ceasefire Holds By A Thread (Updated)

The United Arab Emirates (UAE) on Tuesday said it came under attack from Iranian missiles and drones. The strikes come a day after the Islamic Revolutionary Guard Corps (IRGC) launched attacks on the UAE as well as U.S. Navy vessels and the commercial ships in the Strait of Hormuz. The extent of the damage is unclear at the moment, as is whether U.S. assets came under fire today, though no indications have emerged that they have. We have reached out to CENTCOM for more details.

“The UAE’s air defenses are currently dealing with missile and drone attacks originating from Iran,” the UAE Defense Ministry stated on X. “The Ministry of Defense confirms that the sounds heard in scattered areas of the country are the result of the UAE’s air defense systems intercepting ballistic missiles, cruise missiles, and drones.”

تتعامل حالياً الدفاعات الجوية الإماراتية مع اعتداءات صاروخية وطائرات مسيرة قادمة من ايران وتؤكد وزارة الدفاع أن الاصوات المسموعة في مناطق متفرقة من الدولة هي نتيجة تعامل منظومات الدفاعات الجوية الإماراتية للصواريخ الباليستية، والجوالة والطائرات المسيرة.

UAE Air Defences system… pic.twitter.com/CVJeI7MMcA

— وزارة الدفاع |MOD UAE (@modgovae) May 5, 2026

Meanwhile, the IRGC issued a new threat against shipping in the Strait of Hormuz today.

“We warn all vessels intending to pass through the strait; the only safe route for crossing the Strait of Hormuz is the corridor previously announced by Iran and any deviation of vessels to other routes is unsafe and will face decisive action from the IRGC Navy.” the IRGC announced.

Yesterday, we reported that the U.S. Navy is urging strait transits to travel south of the Iranian corridor, along the cost of Oman.

إيران: حرس الثورة: المسار الآمن الوحيد للعبور من مضيق هرمز هو الممر الذي أعلنته جمهورية إيران الإسلامية سابقاً

— الميادين عاجل (@AlMayadeenLive) May 5, 2026

The Navy’s suggested route “appears deep enough to accommodate the largest oil supertankers, but it’s very narrow, with several obstacles both north and south [of] the route (including shallow reefs),” Bloomberg News energy and commodities columnist Javier Blas noted on X.

And yes, the “US Navy route” appears deep enough to accomodate the largest oil supertankers, but it’s very narrow, with several obstacles both north and south the route (including shallow reefs).

— Javier Blas (@JavierBlas) May 5, 2026

Before this latest attack and new IRGC threat, U.S. War Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine both stated that Iran’s attacks on Monday, as well as other incidents during the ceasefire, still fall below the threshold of violating the agreement. Caine even went as far to say that “thus far, today is quieter” in the region.

As we reported yesterday, U.S. Army AH-64 Apache and U.S. Navy MH-60 Seahawk helicopters destroyed six small Iranian boats that were threatening commercial ships in and around the Strait of Hormuz and that Iran launched new attacks aimed at American warships, as well as merchant vessels on the first day of Project Freedom, the new operation to enable commercial ships to safely transit the Strait. 

“Since the ceasefire was announced, Iran has fired at commercial vessels nine times and seized two container ships, and they’ve attacked U.S. forces more than 10 times, all below the threshold of restarting major combat operations,” Caine told reporters, including from TWZ, at the Tuesday morning briefing

He added that “22,500 mariners embarked on more than 1,550 commercial vessels trapped in the Arabian Gulf, unable to transit.”

Joint Chiefs of Staff Chair Gen. Cain: “Since the ceasefire was announced, Iran has fired at commercial vessels nine times and seized two container ships and they’ve attacked U.S. forces ten times, all below the threshold of restarting major combat operations at this point.” pic.twitter.com/t2hK1xEveA

— CSPAN (@cspan) May 5, 2026

Caine was vague on the details of the attacks on U.S. forces.

“The threshold of restarting [the war] is a political decision above my pay grade,” he told reporters. “What I’ll say is it’s low harassing fire right now. It feels like Iran is grasping at straws to try to do something across the southern flank.”

The chairman did not elaborate further on the attacks on U.S. forces. We reached out to his office for more details. U.S. Central Command referred us to the Joint Chiefs.

“No, the ceasefire is not over,” Hegseth also posited. “Ultimately, [Project Freedom] is a separate and distinct project, and we expected there would be some churn at the beginning, which happened, and we said we would defend and defend aggressively, and we absolutely have.”

“Iran knows that, and ultimately, the president is going to make a decision whether anything were to escalate into a violation of a ceasefire,” the secretary added. “But certainly, we would urge Iran to be prudent in the actions that they take, to keep that underneath this threshold. This is about the straits. This is about freedom of navigation. This is about international waterways. This is about free flow of commerce, all the things that happened before and only Iran is contesting. So right now, the ceasefire certainly holds, but we’re going to be watching very, very closely.”’

Pete Hegseth:

The ceasefire is not over; this is a separate project…

Right now, the ceasefire certainly holds, but we’re going to be watching very closely. pic.twitter.com/3McY2I3sQe

— Open Source Intel (@Osint613) May 5, 2026

Speaking to reporters at the White House, Trump offered scant details when asked what Iran has to do to violate the ceasefire.

“You’ll find out,” the president said.

REPORTER: What does Iran need to do to violate the ceasefire?@POTUS: “You’ll find out… they know what not to do… they fired [from] little boats with pea shooters… you know why? Because they don’t have any boats anymore.” pic.twitter.com/OxQDhJiePV

— Rapid Response 47 (@RapidResponse47) May 5, 2026

Hegseth also addressed reports that the IRGC carried out yesterday’s attacks without permission from Iran’s civilian government officials.

Iran’s President Masoud Pezeshkian “has expressed strong anger at actions by the Islamic Revolutionary Guard Corps, led by Ahmad Vahidi,” according to the Iran International media outlet. Pezeshkian described the missile and drone strikes on the UAE as “completely irresponsible” and carried out without the government’s knowledge or coordination,” the publication reported.

🚨 Iran International: Iranian President Pazakhian was furious yesterday with Revolutionary Guard Commander Ahmad Vahidi over the attacks in the Strait of Hormuz and in the United Arab Emirates and Oman, which were carried out without the government’s knowledge. According to the…

— Raylan Givens (@JewishWarrior13) May 5, 2026

“There are some actions the IRGC takes sometimes that are outside the bounds of what maybe Iranian negotiators would like,” Hegseth explained. “That’s their job to rein that in and ultimately create a condition for a deal, right?

Hegseth also noted that Project Freedom was a temporary operation that the U.S. wants to soon hand over to others, saying foreign nations depend on the Strait more than the U.S.

After one of its ships was attacked yesterday by the IRGC, South Korea is reportedly mulling over joining Project Freedom.

“We are reviewing the US proposal about the Strait of Hormuz based on the principle, the military readiness posture on the Korean Peninsula and domestic laws,” South Korean officials said in a statement, according to CNN. “About Project Freedom, South Korea and the US have been closely communicating for safe use of key waterways including the Hormuz Strait.”

South Korea is evaluating whether to join US efforts to guide merchant ships through the Strait of Hormuz, the country’s foreign ministry said in a statement Tuesday.

“We are reviewing the US proposal about the Strait of Hormuz based on the principle, the military readiness…

— Alayna Treene (@alaynatreene) May 5, 2026

UPDATE: 7:04 PM EDT –

Tuesday evening, Trump announced Project Freedom will be placed on hold pending negotiations with Iran.

“Based on the request of Pakistan and other Countries, the tremendous Military Success that we have had during the Campaign against the Country of Iran and, additionally, the fact that Great Progress has been made toward a Complete and Final Agreement with Representatives of Iran, we have mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time to see whether or not the Agreement can be finalized and signed,” the president announced on Truth Social. 

UPDATE: 6:32 PM EDT –

The IRGC announced a new “mechanism for exercising sovereignty over the Strait of Hormuz.”

“Ships intending to transit the Strait of Hormuz will receive an email from info@PGSA.ir,  which is Persian Gulf Strait Authority, informing them of the transit regulations of the Strait of Hormuz, according to Iran’s official Press TV news outlet. “They then adjust themselves to this framework and receive a transit permit.”

The announcement follows the IRGC’s threat from earlier today that it will take “decisive action” against any ship violating its rules for the Strait.

Iran has announced a new permit system for the Strait of Hormuz under a so-called Persian Gulf Strait Authority. Tehran accuses Gulf states of aiding US and Israeli attacks but says it remains open to talks.

Al Jazeera’s Almigdad Alruhaid reports. pic.twitter.com/Ocurzqdxm0

— Al Jazeera English (@AJEnglish) May 5, 2026

UPDATE: 6:18 PM EDT –

The U.S. proposed a new UN Security Council resolution on the Strait of Hormuz.

“The Islamic Republic of Iran continues to hold the world’s economy hostage with its efforts to close the Strait of Hormuz, threats to attack ships in the Strait, laying of sea mines that pose a danger to shipping, and attempts to charge tolls for the world’s most important waterway,” Rubio said in a media release.

“At President Trump’s direction, the United States, alongside Bahrain and our Gulf partners, Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar, drafted a UN Security Council Resolution to defend freedom of navigation in the Strait of Hormuz.”

The draft resolution “requires Iran to cease attacks, mining, and tolling,” Rubio added. “It demands that Iran disclose the number and location of the sea mines it has laid and cooperate with efforts to remove them, while also supporting the establishment of a humanitarian corridor.”

The United States “looks forward to this resolution being voted on in the coming days and to receiving support from Security Council members and a broad base of co-sponsors,” the secretary proffered.

The United States Proposes a UN Security Council Resolution to Defend Freedom of Navigation and Secure the Strait of Hormuzhttps://t.co/f4OlmJsAGJ

— U.S. State Dept – Near Eastern Affairs (@StateDept_NEA) May 5, 2026

UPDATE: 5:17 PM EDT –

Two U.S. commercial ships that crossed the Strait of Hormuz on Monday “had U.S. military security teams aboard as Iran launched attacks against them during the transit,” NBC News reported, citing two U.S. officials.

“It was the first time U.S. military security personnel were reported aboard the ships transiting the Strait of Hormuz” as part of Project Freedom, NBC posited.

The presence of military security teams was a “prudent security measure,” one of the U.S. officials said.

UPDATE: 5:05 PM EDT –

UKMTO reports that another ship has come under attack in the Strait of Hormuz.

“A verified source reported a cargo vessel has been struck by an unknown projectile,” the organization stated on X. “Environmental impact is unknown at time of report. Vessels are advised to report any suspicious activity to UKMTO, whilst authorities investigate.”

The organization provided no further details.

UPDATE: 4:57 PM EDT –

The IRGC claims it has not attacked the UAE.

“In recent days, the armed forces of the Islamic Republic of Iran have not carried out any missile or drone operations against the United Arab Emirates,” the IRGC’s spokesman claimed. “Had any such action been taken, we would have announced it with full firmness and clarity. Therefore, the report from that country’s Ministry of Defense is categorically denied and is entirely devoid of truth. Should any measures be taken against Iran from Emirati territories, our response will be severe.”

BREAKING: IRGC SPOKESMAN:

In recent days, the armed forces of the Islamic Republic of Iran have not carried out any missile or drone operations against the United Arab Emirates.

Had any such action been taken, we would have announced it with full firmness and clarity.… pic.twitter.com/K85qeKBdwX

— Sulaiman Ahmed (@ShaykhSulaiman) May 5, 2026

UPDATE: 3:37 PM EDT –

During an afternoon press conference, U.S. Secretary of State Marco Rubio offered an explanation of why the U.S. attacked Iran.

“If Iran had a nuclear weapon, and they decided to close the Straits… we wouldn’t be able to do anything about it,” Rubio told reporters. “A nuclear-armed Iran could do whatever the hell they want with the Straits, and there’s nothing anyone would be able to do about it.”

.@SecRubio: “If Iran had a nuclear weapon, and they decided to close the Straits… we wouldn’t be able to do anything about it… A nuclear-armed Iran could do whatever the hell they want with the Straits, and there’s nothing anyone would be able to do about it.” pic.twitter.com/696G0P8Lix

— Rapid Response 47 (@RapidResponse47) May 5, 2026

Rubio noted there is no ‘international law’ allowing Iran to say, ‘I’m going to put mines in an international body of water and I’m going to blow up ships that don’t listen to us…’ That’s what Iran is doing.”

.@SecRubio: “There is NO ‘international law’ that allows you to say, ‘I’m going to put mines in an international body of water and I’m going to blow up ships that don’t listen to us…’ That’s what Iran is doing.” pic.twitter.com/7lCEmMOeFv

— Rapid Response 47 (@RapidResponse47) May 5, 2026

Project Freedom “is not an offensive operation,” Rubio stated. “This is a defensive operation, and what that means is very simple: there’s no shooting unless we’re shot at first. We’re not attacking them, but if they’re attacking us or they’re attacking a ship, you need to respond to that.”

.@SecRubio: “This is not an offensive operation. This is a defensive operation, and what that means is very simple: there’s no shooting unless we’re shot at first. We’re not attacking them, but if they’re attacking us or they’re attacking a ship, you need to respond to that.” https://t.co/k4duXYWSbg pic.twitter.com/XdXvdMkSaY

— Rapid Response 47 (@RapidResponse47) May 5, 2026

Iran shouldn’t test Trump, the secretary avowed.

“They really shouldn’t test the will of the United States, at least not under President Donald Trump,” Rubio proclaimed. “He has proven, time and again, that he will back up what he says — and if they test him, ultimately, they will lose.”

UPDATE: 3:15 PM EDT –

There are currently “multiple” U.S. Navy warships operating in the Arabian Gulf, CENTCOM spokesman Capt. Tim Hawkins confirmed to TWZ.

“They were and are there,” he told us.

Two US 🇺🇸 destroyers confirmed to be inside Persian Gulf after transiting Strait of Hormuz by satellite image TODAY 👇

Spotted doing UAE 🇦🇪 ship anchorages missile defense at

25.4042, 54.7606
25.4562, 54.7382 https://t.co/BDXi9njOR1 pic.twitter.com/2ticpJ3ptH

— Tom Bike (@tom_bike) May 5, 2026

The International Maritime Organization (IMO) –  the United Nations specialized agency with responsibility for the safety and security of shipping and the prevention of marine and atmospheric pollution by ships  – responded to our request for comment about Project Freedom.

“We welcome the growing attention to the plight of innocent seafarers caught in this conflict, as well as any initiatives aimed at evacuating them safety.

De-escalation, alongside a long-term agreement that ensures the freedom of navigation and the safety of seafarers is the only way forward. Naval escorts are not a sustainable long-term solution.

We remain in regular dialogue with all parties and relevant stakeholders. IMO stands ready to roll out its evacuation plan once it is safe to do so. This requires clear safety guarantees from all parties involved.”

As a way to counter Hezbollah’s growing FPV drone threat, the IDF is preparing to introduce fragmentation rounds into the forces’ magazines in Lebanon, Israel’s KAN news outlet reported. 

“The new ammunition is expected to arrive in Israel from the US next week,” the outlet added, noting that this was “a measure proven effective in the Russia-Ukraine war.”

אל מול איום רחפני חיזבאללה: צה”ל נערך להכניס קליעים מתפצלים למחסניות הכוחות בלבנון, אמצעי שהוכח כיעיל במלחמה בין רוסיה לאוקראינה. התחמושת החדשה צפויה להגיע לישראל מארה”ב בשבוע הבא | פרסום ראשון של @ItayBlumental#מהדורתכאןחדשות עם @talberman pic.twitter.com/NdUinIDZ1M

— כאן חדשות (@kann_news) May 5, 2026

UPDATES

During his press conference, Trump expressed frustration with Iranian negotiators.

“I can say this — Iran wants to make a deal,” the president proclaimed. “What I don’t like about Iran is they’ll talk to me with such great respect, and then they’ll go on television and say, ‘We did not speak to the president!’ They play games.”

U.S. President Donald J. Trump reiterated past comments that Iran still wants to make a deal. However, he voiced his frustration with the duplicitous nature of Iranian signaling, saying that Iran’s public comments consistently contradict the nature of closed door talks and phone… pic.twitter.com/lIsJZBk1Xp

— OSINTdefender (@sentdefender) May 5, 2026

Despite repeated and relatively extreme threats against Iran, Trump also expressed reluctance to kill people.

Trump on Iran:

“We don’t want to go in and kill people, really don’t. I don’t want to, I don’t want to, it’s too tough.” pic.twitter.com/fQdq9nTGXJ

— OSINTtechnical (@Osinttechnical) May 5, 2026

The new commander of the Israeli Air Force said he is ready to attack Iran again if needed.

“We are closely monitoring developments in Iran and ready to move the entire Air Force eastward if required,” said Maj. Gen. Omer Tishler. 

מפקד חיל האוויר הנכנס האלוף עומר טישלר: עוקבים בדריכות אחר המתרחש באיראן ומוכנים לקחת את כל חיל האוויר מזרחה אם נידרש לכך@Doron_Kadosh pic.twitter.com/8dCpt9Ss3l

— גלצ (@GLZRadio) May 5, 2026

Pakistani officials, who have been moderating stalled peace talks, are urging restraint between the U.S. and Iran.

🇵🇰 Pakistan’s military leadership is urging restraint as US–Iran tensions escalate.

At a Corps Commanders Conference led by Asim Munir, officials emphasized de-escalation while noting Pakistan’s ongoing outreach between Washington and Tehran.

The military stated that lasting… pic.twitter.com/3LnNBvYdXa

— Mossad Commentary (@MOSSADil) May 5, 2026

As things are heating up at home, Iranian Foreign Minister Abbas Araghchi will visit China tomorrow, the Chinese Foreign Ministry announced.

“Member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs Wang Yi will hold talks with him,” the ministry stated.

As we have previously reported, China relies heavily on Iranian oil and is also suspected of aiding its war efforts.

The trip is the diplomat’s first visit to China since US and Israeli strikes sparked the most severe global oil supply shock in history, Bloomberg News noted.

Araghchi’s visit to China comes as Trump prepares to make the first trip to China of a US president in nearly a decade next week.

Minister of Foreign Affairs of Iran Seyyed Abbas Araghchi will visit China upon invitation on May 6.

Member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs Wang Yi will hold talks with him. pic.twitter.com/36gnYiIN7u

— CHINA MFA Spokesperson 中国外交部发言人 (@MFA_China) May 5, 2026

Electronic interference in the Strait of Hormuz is intensifying, the maritime intelligence firm Windward stated on X. “Following attacks on the [UAE] Port of Fujairah, there has been a surge in vessels switching off AIS and the return of critical GPS jamming,” Windward stated.

The firm did not attribute the cause of the jamming.

Electronic interference in the Strait of Hormuz is intensifying. Following attacks on the Port of Fujairah, there has been a surge in vessels switching off AIS and the return of critical GPS jamming.

The images show:
– A sharp decline in vessels broadcasting their position over… pic.twitter.com/2J7zsAyD1W

— Windward (@WindwardAI) May 5, 2026

The Trump administration is pushing ahead with efforts to broker a deal between Lebanon and Israel, despite Hezbollah’s attempts to derail the process, a State Department official told Al Arabiya English on Tuesday.

“Washington has facilitated two rounds of direct negotiations between the Lebanese and Israeli ambassadors to the United States in recent weeks, the publication noted. “A third round is expected in the near future, according to Lebanon’s president.”

The Trump administration is pushing ahead with efforts to broker a deal between Lebanon and Israel, despite Hezbollah’s attempts to derail negotiations, a State Department official tells Al Arabiya English.https://t.co/3GE8oSvybE

— Joseph Haboush (@jhaboush) May 5, 2026

Meanwhile, Israel continues to attack Hezbollah positions.

As we have previously reported, Hezbollah has been increasing its use of first-person view (FPV) drones against Israel. The IDF is using these weapons as well. The following video purportedly shows a Hezbollah operative on a motorcycle being targeted.

Contact the author: howard@twz.com

Howard is a Senior Staff Writer for The War Zone, and a former Senior Managing Editor for Military Times. Prior to this, he covered military affairs for the Tampa Bay Times as a Senior Writer. Howard’s work has appeared in various publications including Yahoo News, RealClearDefense, and Air Force Times.




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World Snooker Championship 2026: Wu Yize holds off Shaun Murphy fightback to retain slender lead in final

Wu Yize held off a Shaun Murphy fightback to ensure he will take a slender 13-12 lead into the concluding session of their World Championship final at the Crucible Theatre in Sheffield.

Having watched Wu deliver a succession of big breaks to pull clear at 10-7 overnight, Murphy emphatically roared back into contention in the best-of-35-frames final on Monday afternoon.

The Englishman, who was crowned champion in 2005 and is aiming to set a new record for the longest gap between first and second titles, reeled off the first five frames on offer with breaks of 76, 52, 59 and 60.

However, he was given a huge helping hand by his 22-year-old opponent, who initially appeared to be carrying the weight of the occasion on his shoulders.

With his trademark long-potting ability conspicuous by its absence, Wu repeatedly left Murphy opportunities to capitalise.

To his credit, Wu stopped the rot in the 23rd frame of the match – crafting an important break of 64 after Murphy left a red over the right corner.

That shifted the momentum back in Wu’s favour, allowing him to limit the damage.

Wu, who could become the second-youngest world champion at snooker’s most famous venue, levelled the match after a contribution of 46 and then regained the lead with runs of 60 and 61 in the final frame of the session.

It means that there will only be one frame separating the finalists when they return at 19:00 BST – the first time that has happened since 2014, when Mark Selby eventually defeated Ronnie O’Sullivan 18-14.

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Japan holds off naval deployment to Hormuz Strait

May 1 (Asia Today) — Japan considered deploying its Self-Defense Forces to the Strait of Hormuz ahead of a summit with U.S. President Donald Trump but ultimately held back due to constitutional and legal constraints, reports said Friday.

Prime Minister Sanae Takaichi reviewed options in March to send naval assets to the region amid heightened tensions in the Middle East, according to Japanese media.

Two proposals were examined: dispatching minesweepers under Japan’s Self-Defense Forces law or sending destroyers and patrol aircraft for “survey and research” purposes under a separate legal framework. Both options were shelved due to concerns they could violate Japan’s pacifist constitution.

Article 9 of Japan’s constitution renounces war and prohibits the use of force to settle international disputes, placing strict limits on overseas military operations.

The discussions were prompted in part by U.S. requests for allied support in securing maritime routes. Trump warned in March that Iran could disrupt shipping in the Strait of Hormuz using drones, mines and short-range missiles, and called on countries including Japan, South Korea and European allies to contribute naval forces.

The Strait of Hormuz is a critical energy corridor for Japan, which depends heavily on Middle Eastern oil imports. Any prolonged disruption could affect supplies of crude oil, naphtha and petrochemical products.

Japanese officials acknowledged the urgency of ensuring maritime security but stressed legal limits. Defense Minister Shinjiro Koizumi said Japan must act within the bounds of its laws, while Takaichi told parliament she had explained constitutional constraints during talks with Trump.

Legal concerns centered on whether minesweeping operations in a conflict zone could be considered part of combat activities, potentially violating Article 9. Similarly, deploying naval vessels under the guise of research could be viewed as de facto joint operations with U.S. forces in a high-risk area.

Despite the decision, debate continues within Japan. Lawmakers from the ruling Liberal Democratic Party have suggested revisiting deployment options if maritime disruptions persist, emphasizing the importance of securing sea lanes.

The episode highlights Japan’s evolving security posture. While Tokyo has expanded defense spending and strengthened alliances, its ability to deploy forces abroad remains constrained by constitutional interpretation.

The issue also carries implications for South Korea, which relies on the same energy routes. If the United States increases pressure on allies to contribute to maritime security, both Seoul and Tokyo may face similar dilemmas balancing energy security with military involvement.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260501010000010

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Photos: Cuba holds May Day celebrations amid US threats | Protests News

Cuban electrical and petroleum workers have marched in Havana to celebrate International Workers’ Day, or May Day, as the government pledges to stand firm against growing US pressure which is further straining the economy.

Ninety-four-year-old former leader Raul Castro and President Miguel Diaz-Canel took part in the celebrations in the capital on Friday, while the administration of US President Donald Trump announced further sanctions.

A White House statement said the sanctions would target those involved in the security services, along with “material supporters of the Cuban government”. The statement added, without evidence, that the Caribbean island serves as a “safe haven for transnational terrorist groups” such as the Lebanese armed group Hezbollah.

A US energy blockade has already battered the country’s struggling economy and contributed to widespread energy blackouts.

“We are living through difficult times,” said Yunier Merino Reyes, an accountant with the Electric Union who joined Friday’s march to celebrate his colleagues. “We are carrying out a very tough, arduous and relentless effort — day and night — to provide electricity to the people who need it,” he told the Associated Press.

The Trump administration has frequently threatened Cuba with military attacks in addition to greater economic pressure.

“Today Cuba demonstrated once again that this people does not give up, and that we will defend our homeland tooth and nail, even though we want peace,” Milagros Morales, a 34-year-old Havana resident who took part in the march, told Reuters.

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Joy and desire for change as Gaza’s Deir el-Balah holds elections | Elections News

Deir el-Balah, Gaza – Early this morning, Salama Badwan, his wife and daughter headed to a polling station in Deir el-Balah, central Gaza, to participate in the municipal elections, which are taking place for the first time since 2006.

The 43-year-old said he was delighted to be casting a vote after such a long absence, and overjoyed that his daughter, who recently turned 18, could vote for the first time in her life.

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The vote is also the first since a “ceasefire” took effect in Israel’s genocidal war against Palestinians in the Gaza Strip. The war has affected all aspects of life, including the electoral process itself. With many of Deir el-Balah’s buildings damaged or destroyed during the war, polling stations have been set up in temporary fibreglass tents on open land.

“I am very happy today, because this is a truly Palestinian democratic celebration. Many generations have been deprived of it for more than 21 years, and today my daughter is voting for the first time,” Badwan told Al Jazeera.

For him, the importance of the elections is providing Palestinians in Gaza with a chance to achieve change through peaceful and democratic means.

“We must change everything through the ballot box … whoever wins, it is their right, but not through inheritance … change must be in the hands of the people.”

Dunia Salama, 18, came to vote in her first-ever election experience in Deir Al-Balah [Abdelhakim Abu Riash/ Al Jazeera]
Dunia Salama, 18, came to vote in her first-ever election experience in Deir el-Balah [Abdelhakim Abu Riash/ Al Jazeera]

But despite this enthusiasm, the reality in Deir el-Balah, in central Gaza, remains complex amid the ongoing “ceasefire”.

The city, which Badwan describes as “always calm,” has become a refuge for hundreds of thousands of displaced people from across Gaza, putting unprecedented pressure on its infrastructure.

“The city received large numbers of displaced people, each coming with different ideas, circumstances, and harsh suffering … This created enormous pressure on water networks, sewage systems, and waste management, and exhausted the previous municipality.”

Deir el-Balah was given the opportunity to hold elections because its infrastructure was less damaged than that of other cities in Gaza during the war.

Badwan places his hopes on a new municipal council capable of handling the scale of the crisis left by the war, away from the political divisions that have swept the Gaza Strip between Hamas and Fatah, the two main rival factions.

“We want a very strong municipal team that does not belong to any faction … one that can secure support from donor countries and meet people’s needs, because today Deir el-Balah is hosting all.”

On the street, he describes the atmosphere of the elections as “positive and enjoyable”, despite general frustration with the political class.

“People are fed up with politicians and unfulfilled promises,” he says, adding that he encouraged those around him to participate in the elections in the hope of creating change.

“I told my friends and children we must go and vote … we cannot just sit at home and wait for change.”

Awda Abu Baraka, 73, votes at a polling station center in Deir al-Balah [Abdelhakim Abu Riash/ Al Jazeera]
Awda Abu Baraka, 73, votes at a polling station centre in Deir el-Balah [Abdelhakim Abu Riash/ Al Jazeera]

‘I finally have a voice’

Standing beside her father, Dunia, Salama’s 18-year-old daughter, did not hide her joy at casting a vote, despite the exceptional circumstances surrounding her.

“I’m very happy that I can vote in my country and my city, Deir el-Balah … and that I, like others in my generation, can finally participate and have a voice,” said Dunia, a first-year nursing student at Al-Aqsa University.

“Honestly, I had never voted before and didn’t have a clear idea … but when the elections came, my father explained how things work and how our voices could help change the difficult reality we live in, even a little,” she said.

Around 70,000 voters are eligible to participate in the elections held in Deir al-Balah [Abdelhakim Abu Riash/ Al Jazeera]
Approximately 70,000 voters are eligible to participate in the elections held in Deir el-Balah [Abdelhakim Abu Riash/ Al Jazeera]

Like many of her peers, Dunia’s motivations are practical and directly tied to daily life, which has sharply deteriorated since Israel launched the war in October 2023. She chose a candidate list composed mostly of young people, describing them as “capable and experienced in their work,” reflecting her hope for a more efficient municipal administration.

“The reality the city is living after displacement is far from stable… the situation is tragic, especially cleanliness, public streets, healthcare, and even education … everything is in very bad condition.”

“I hope these elections help create a situation where students return to schools, and new housing alternatives and camps are provided for displaced people instead of using schools,” she said.

“We want things to go back to how they were … schools should return to students instead of being shelters, hospitals should improve, and streets should be cleaned,” she says.

A long-delayed moment

For Awda Abdel Karim Abu Baraka, 73, the elections represent an opportunity to choose those capable of “reviving society and institutions that have been stalled for years”.

He believes that the local elections could carry broader significance beyond Deir el-Balah. “They are part of a larger system … the West Bank and Gaza,” he explains.

“Holding elections today in Deir el-Balah shows the world that we are a democratic people, and we choose our representatives without imposition,” he adds, expressing hope that “the international community will support this path.”

He also stressed the need for the winners of the vote to respect the city’s residents who have suffered for years amid Israel’s war. “There must be real programmes, not high slogans that later fall … the citizens must be respected, and their dignity and humanity – violated by war – must be restored.”

Despite recognising the scale of challenges, he remains committed to gradual change. “We know the challenges are big and that change takes time … a long journey begins with a single step, and hopefully, this is the first step on the way.”

‘Born out of nothing’

Meanwhile, Mohammad Abu Nada, coordinator of the Deir el-Balah electoral district, moved between voters and staff inside tents set up in place of school polling stations, describing an electoral process that was “born out of nothing”.

He recalls greeting the initial announcement of the elections by the Central Elections Commission in the West Bank with a mix of surprise and a sense of responsibility.

“At first, the news was unexpected … there was joy that we were returning to work after two and a half years of suffering under war, but at the same time, there was a strong sense of responsibility.”

That feeling quickly collided with the complex logistical reality in a city suffering from widespread destruction and severe shortages of resources.

“Capabilities are extremely limited … even this place was just empty land. We relied on tents from international organisations to use as polling stations,” he says, noting that most schools have been turned into shelters for displaced people.

Mohammad Abu Nada, coordinator of the Deir al-Balah electoral district [Abdelhakim Abu Riash/ Al Jazeera]
Mohammad Abu Nada, coordinator of the Deir el-Balah electoral district [Abdelhakim Abu Riash/ Al Jazeera]

Despite these challenges, polling centres were set up across the city, in a task he describes as far from easy.

The difficulties did not stop there. Essential electoral materials, usually transported from Ramallah, were prevented from entering Gaza.

Abu Nada explains the challenges in securing logistical items such as ballot boxes, stamps, papers, and campaign materials.

“We had to rely on our local capabilities … ballot boxes were designed and manufactured here in Deir el-Balah, and they served the purpose fully.”

Even electoral ink was unavailable after being denied entry by Israeli authorities. “We used ink previously used by the World Health Organization during vaccination campaigns … we tested it, and it stays on the finger for days and worked well,” he explains.

Amid shortages and soaring prices – “multiplied 10 times” – work continued intensively.

“We worked day and night … everything was difficult, from papers to stamps, but in the end we managed,” he says, noting that approximately 70,000 voters are eligible in the city.

While turnout appeared to be limited in the early morning, it picked up later in the day, Abu Nada said, attributing the slow start to people’s focus on meeting basic needs.

“People are standing in lines for water and bread … but we expect turnout to increase.”

The choice of Deir el-Balah for holding elections was not random, but due to its relatively better conditions compared to other areas.

“It is impossible to hold elections in completely destroyed areas like northern Gaza or Khan Younis … so the decision was to start in an area with minimal capacity, hoping to expand later.”

Still, the challenges facing the upcoming municipal council remain significant.

“Deir el-Balah today is not what it was before the war … population pressure is huge, and expectations from the new municipality are high,” he says.

As for the campaign, Abu Nada explains it was conducted in record time and with intense efforts.

“We worked like a beehive … organised more than 20 awareness workshops, worked with local institutions and influencers, and distributed posters and materials explaining how to vote and encouraging participation.”

At the end of his remarks, he expresses a sense of achievement despite the difficulties.

“Today, in front of everyone, we are exercising our electoral right despite all conditions … and that in itself is a success,” he says.

“And hopefully, this is the first step on a longer road.”

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Private Credit Stress Test: What Breaks And What Holds

Private credit faces mounting stress from liquidity mismatches, fraud concerns, and macro pressures, even as bullish sentiment persists.

Private credit has avoided a “Lehman moment,” but pressure is building across liquidity, leverage, and transparency—raising doubts about how long the asset class can withstand its visible cracks.

Some investors have had enough. Consider the surge in redemption requests at firms like Morgan Stanley, Apollo Global Management, BlackRock and Blue Owl Capital. Each firm capped withdrawals at 5% per fund, and saw their stock prices plummet. At a glance, this exodus of money signals that an endgame could be near.

Larry Fink, the billionaire CEO of BlackRock, attempted to quell fears on an earnings call last week, insisting that institutional demand is accelerating. Meanwhile, financial regulators are raising red flags. Financial Stability Board Chair Andrew Bailey warned in an April letter to the G20 that geopolitical tensions, such as the ongoing conflict in the Middle East, could reduce asset quality and further strain private credit funds.

The dichotomy has finance pros scratching their heads, wondering what to make of a key part of the $15 trillion private markets ecosystem. If data from U.K.-based data company Preqin is correct, private credit could exceed $30 trillion by 2030. Even with solid fundamentals, private credit’s mounting liquidity concerns, leverage risks and macroeconomic pressures are testing its resilience.

The Liquidity Mismatch Problem

“This is not a single-firm story,” Former Nasdaq Vice Chairman David Weild told Global Finance. “It is sector-wide.”

Fink may be right; private credit offers compelling risk-adjusted returns, Weild, now an advisor at private-credit platform KoreInside, said. “However, if the claim is that you can deliver those returns inside a vehicle that promises quarterly or monthly liquidity to retail investors, one will inevitably discover that in times of market stress, the demand for liquidity will exceed the short-term supply of liquidity.”

Recent turmoil in private credit has raised questions about whether 2026 could bring a broader retrenchment. The industry faces growing scrutiny over fraud risks, regulatory pressure, and the impact of AI-driven disruption. Transparency concerns are also weighing on investor confidence, highlighted by automotive parts supplier First Brands Group, which has filed for bankruptcy protection and has allegedly concealed billions of dollars in debt from lenders, including exposure in private credit accounts held by BlackRock.

Software lending has come under particular focus, given its large share of private credit portfolios. AI-driven disruption is now raising concerns about future credit losses.

“The combination of AI-driven disruption in enterprise software valuations, tighter lending standards, and redemption pressure on the very BDC vehicles that would normally provide refinancing capacity creates a compounding problem,” Weild said. “Some private credit funds are already turning away software companies outright, given the impact of AI on that industry.”

What Needs To Change

Private credit bulls need to rethink “real structural challenges,” such as how capital is raised, how vehicles are structured, and what level of education advisors need going forward, said Prath Reddy, President of Percent Securities. A lack of accessible data, limited liquidity, and insufficient options for tailored exposure also give him pause.

“We are certainly in a stress scenario now,” said Reddy. “Leaving [these issues] unaddressed leaves a tremendous amount of capital on the table from wealth management channels.”

Private credit might be under the microscope, but some private equity players continue to cash in. Ares Management raised $9.8 billion for an opportunistic credit strategy, Adams Street Partners closed its $7.5 billion Private Credit III fund, and Carlyle Group raised $1.5 billion in initial funding for a new asset-backed finance vehicle.

“For private credit to keep working at this scale, liquidity structures, leverage levels, and repayment timelines all need to remain aligned as exits take longer and refinancing becomes more selective,” said Jun Li, EY’s Global and Americas Wealth & Asset Management Leader. Stress arises when those assumptions break down simultaneously.

“A true stress scenario would likely involve refinancing risk colliding with slower exits and shifting liquidity expectations, particularly if capital is locked up longer than anticipated and operating models are not built to absorb that pressure,” Li added.

Banks Reprice The Relationship

Jun Li, EY

Big banks—both competitors and partners to nonbank lenders—are trying to project calm.

JPMorgan Chase CEO Jamie Dimon, for example, downplayed concerns about the private credit sector on an April 14, 2026, earnings call. That’s in stark contrast to his take last year, when Dimon referred to the bankruptcy proceedings of First Brands and TriColor—two companies that relied on private credit—as “cockroaches.

JPMorgan Chase is now tightening certain relationships with private credit funds to limit exposure amid volatility. Goldman Sachs and Barclays are taking a similar risk-management stance.

“On one side, fundamentals still look supportive with institutional capital stepping in as banks pull back,” Li said. On the other hand, pressures are building around liquidity, leverage, and refinancing, which naturally raises systemic questions.

As Li put it: “This doesn’t look like an endgame, but it does look like a decisive moment.”

What’s Next

From here, Li is predicting that private credit will separate into managers who can operate through longer cycles, tighter liquidity, and greater scrutiny, and those who cannot.

“Some strategies may struggle, but the broader market is still evolving rather than unwinding,” Li added. “The outcome will depend less on a single shock and more on how well firms adapt to a more demanding environment.”

Other observers are more bullish. Attorney Derek Ladgenski, a partner specializing in private credit at Katten Muchin Rosenman, argued that experienced market participants will ultimately work through the sector’s challenges.

“The Avengers are closer to an endgame than private credit,” said Ladgenski. “The tombstone for private credit has been written many times before.”

Ladgenski said that while cyclical pressures exist across all asset classes, the deeper challenge in private credit is liquidity mismatch—an outcome, in part, of significant investor inflows chasing its strong historical track record and forward-looking returns.

Still, any “stickiness” will ultimately strengthen the sector, he added. “And the current sound bites and headlines regarding any death knells will be forgotten soon enough.”

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Romelu Lukaku holds clear-the-air talks with Napoli after training absence

However, he returned to Naples to hold what have been described as “calm, collaborative and constructive” talks with his club. The discussions also included his agent Federico Pastorello and Napoli sporting director Giovanni Manna.

The talks are understood to have led to an amicable solution, with sources insisting the matter is now closed.

During the discussions, Lukaku updated Napoli on his recovery. It is hoped the striker will be available for selection in about two weeks.

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Lee holds summit with Indian PM Modi on economic ties, supply chains

South Korean President Lee Jae Myung (R) and Indian Prime Minister Narendra Modi enter a room for their summit held at the Hyderabad House in New Delhi on Monday. Photo by Yonhap

President Lee Jae Myung held summit talks with Indian Prime Minister Narendra Modi on Monday, focusing on deepening economic ties and strengthening the countries’ strategic partnership amid the war in the Middle East.

The two leaders were earlier expected to discuss ways to bolster cooperation in artificial intelligence, defense, and the shipping and shipbuilding industries, while expanding the scope of bilateral manufacturing cooperation beyond electronics and vehicles.

They also likely discussed enhancing coordination on global supply chains and energy security as their countries, both heavily reliant on imported energy, grapple with the fallout from the war between the United States and Iran.

In an interview with The Times of India published earlier in the day, Lee stressed the need for South Korea and India to work together to ensure safe passage through the Strait of Hormuz, a critical route for oil and natural gas, and make joint efforts to stabilize global supply chains.

It marked their third in-person meeting since Lee took office in June 2025.

Ahead of the summit, Lee paid tribute at Raj Ghat, a memorial dedicated to Mahatma Gandhi, and planted a commemorative tree with Modi at Hyderabad House.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

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