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Possibility Of Operation To Retrieve Iran’s Enriched Uranium Appears To Rise As Negotiations Sputter (Updated)

President Donald Trump on Monday alluded to the U.S. sending troops into Iran to retrieve its highly enriched uranium (HEU). His comments follow similar words on the same topic from Israeli Prime Minister Benjamin Netanyahu made to 60 Minutes on Sunday. Taken in aggregate, the statements suggest that there is coordinated messaging on the issue between Washington and Jerusalem and, after stalled talks with Iran, the possibility of such an operation may have been elevated.

As we stated shortly after the war kicked off, a mission into Iran to rid the country of its highly enriched nuclear material, once and for all, would be extremely risky and very complex. You can read more about these realities here. The main issue is that, by the Trump administration’s own stated objectives, the current conflict doesn’t really end until the enriched uranium, most of which is likely buried in the rubble of the underground Isfahan nuclear complex, is removed from the country. Estimates state that this stockpile, stored in scuba tank-like cylinders, is likely enough material to construct around a dozen nuclear warheads, that is if a program to fully weaponize it and construct and validate a device were to move forward.

Speaking to reporters on Monday, Trump said Iran initially offered to accompany the U.S. into its facilities storing HEU that were severely damaged during last year’s Operation Midnight Hammer attacks.

However, Tehran changed its stance, Trump claimed.

“They said ‘you’re going to have to take it,’” the American president said of Iran’s initial response to the issue of recovering the uranium.

“We were going to go with them, but they changed their mind because they didn’t put it in the paper,” the president added, referring to a peace plan delivered by Iran over the weekend. “So they agree with us, and then they take it back…But I have a great plan, but the plan is they cannot have a nuclear weapon. And they didn’t say that in their letter.”

NOW – Trump claims Iran rescinded a previous offer inviting the U.S. to come in and remove all enriched uranium from the country: “They said you’re going to have to take it. We were going to go with them. But they changed their mind.” pic.twitter.com/QcaqpNsXQu

— Disclose.tv (@disclosetv) May 11, 2026

Trump also played-off the issue this weekend saying U.S. forces are watching the site closely and will kill anyone or anything that gets close to it.

‼️ Trump on the enriched Uranium : We’ll get that at some point… We have it surveilled. I did a thing called Space Force, and they are watching that… If anybody got near the place, we will know about it — and we’ll blow them up. pic.twitter.com/pvcZ6vRqJQ

— Hiba Nasr (@HibaNasr) May 10, 2026

Speaking to 60 Minutes, Netanyahu seemed more direct about a potential ground incursion into Iran, yet evasive about the details. Asked how he envisions the highly enriched uranium will be removed from Iran, Netanyahu stated: “You go in, and you take it out.”

“With what? Special forces from Israel, special forces from the United States?” the Israeli leader was quizzed.

“Well, I’m not gonna talk about military means, but what President Trump has said to me, ‘I want to go in there.’ And I think it can be done physically. That’s not the problem. If you have an agreement, and you go in, and you take it out, why not? That’s the best way.”

Netanyahu was purposefully elusive when asked if it would require force to remove the uranium should no agreement be reached.

“Well, you’re gonna ask me these questions. I’m gonna dodge them. Because I’m not gonna talk about our military – possibilities, plans, or anything of the kind,” he proffered. “I’m not gonna give a timetable to it, but I’m gonna say that’s a terrifically important mission.”

Netanyahu says there's still "work to be done" before Iran war ends | 60 Minutes thumbnail

Netanyahu says there’s still “work to be done” before Iran war ends | 60 Minutes




The Israeli government “wants Trump to order a special forces operation to secure Iran’s enriched uranium stockpile,” Axios reported on Monday. “Israeli officials say Trump is hesitant to order such an operation because it is highly risky.”

Axios: The Israeli government wants Trump to order a special forces operation to secure Iran’s enriched uranium stockpile. Israeli officials say Trump is hesitant to order such an operation because it is highly risky.

— Faytuks Network (@FaytuksNetwork) May 11, 2026

As we have previously reported, Trump is mulling over his options to retrieve the HEU through a special operations mission. Former U.S. Central Command commander, retired Gen. Joseph Votel, also told us at the time that such an endeavor is highly risky and may not achieve its goal. You can read more about his analysis in our interview with him here.

Meanwhile, ending the hostilities remains in question as the U.S. and Iran remain far apart in ceasefire negotiations. Trump on Monday called the aforementioned recent Iranian peace offer a “piece of garbage” that he didn’t finish reading and added that the ceasefire is on “massive life support.”

Trump is “leaning toward taking some form of military action against Iran to increase pressure on the regime and force concessions on its nuclear program,” Axios reported, citing two U.S. officials.

“He will tune them up a bit,” one U.S. official told the outlet. “I think we all know where this is going,” a second U.S. official said.

Regardless, two U.S. officials told Axios they don’t think Trump would order military action against Iran before he returns from China.

President Donald Trump is likely to press President Xi Jinping over China’s approach to Iran when they meet later this week, senior US officials said Sunday. https://t.co/mxmwLrCs1w

— Bloomberg (@business) May 10, 2026

Trump is considering Project Freedom, the effort to guide commercial shipping through the Strait of Hormuz that he paused after about 36 hours last week, Axios added. He is also weighing whether to “resume the bombing campaign and strike the 25% of targets the U.S. military identified but hasn’t hit yet.”

הנשיא טראמפ נפגש היום (שני) עם צוות הביטחון הלאומי הבכיר שלו כדי לדון בצעדים הבאים מול איראן, כולל אפשרות לחידוש הלחימה, לאחר שהמשא ומתן בין הצדדים הגיע למבוי סתום ביום ראשון, כך אמרו שלושה בכירים אמריקנים https://t.co/Yolz48Dxqj

— Barak Ravid (@BarakRavid) May 11, 2026

Trump told Fox News that he is thinking about reconstituting Project Freedom.

“President Trump just spoke to our John Roberts a moment ago,” the network noted. “He says he is now considering renewing Project Freedom, but he says this time around the US guiding ships through the Strait of Hormuz would be just one small piece of a larger military operation.”

“He would not divulge at this time what the other pieces would be,” Roberts explained.

As we previously explained, Trump initially claimed he paused Project Freedom to give Iranian negotiators more time to respond to his peace deal. However, NBC News later reported that Trump ended the effort because Saudi officials, surprised by the operation, withdrew access to its bases and airspace.

President Trump told Fox News he is considering reviving Project Freedom, adding that U.S. naval escorts through the Strait of Hormuz would be only one component of a broader military operation. pic.twitter.com/RgLfVVRomi

— Open Source Intel (@Osint613) May 11, 2026

Iran on Monday revealed what it claimed to be its terms, which made no mention of the uranium. They include the U.S. paying war damages to Iran, recognition of Iran’s sovereignty over the Strait of Hormuz, the end of U.S. sanctions and the release of Iran’s blocked assets by the U.S., according to a post on X by Iran’s official IRIB state broadcaster.

🚨EXCLUSIVE
Details of Iran’s response to the U.S plan, which Trump called unacceptable:

– The necessity for the U.S. to pay war damages to Iran.
– Recognition of Iran’s sovereignty over the Strait of Hormuz.
– End of U.S. sanctions.
-Release of Iran’s blocked assets by the U.S.

— IRIB (Islamic Republic of Iran Broadcasting) (@iribnews_irib) May 10, 2026

Speaking at a press conference on Monday, Iranian Foreign Ministry spokesman Esmail Baghaei described his government’s offer as reasonable.

“Is it excessive to demand an end to maritime piracy against Iranian ships?” he asked rhetorically. “To demand the release of Iranian assets unjustly held in foreign banks for years under American pressure? Our proposal for safe passage through the Strait of Hormuz, is that excessive? Establishing security and peace across the entire region, including Lebanon, is that excessive?” “Unfortunately, the American side still insists on positions largely built and shaped by the Zionist regime, and continues to hold its one-sided stance and unreasonable demands,”  Baghaei added.

Iran’s FM Spokesperson Esmail Baghaei:

We did not demand any concessions from America; rather, we called for an end to the war and a halt to the piracy at sea against Iranian ships.

Our proposals to America were generous and responsible pic.twitter.com/n17pJzcbmB

— Open Source Intel (@Osint613) May 11, 2026

In his comments, the Iranian official was referring to the U.S. firing on and seizing Iranian-linked ships. Baghaei was also reacting to a statement made by Trump on Sunday dismissing Tehran’s latest offer. Trump has repeatedly stated his main objectives are that Iran will never get a nuclear weapon and that the Strait of Hormuz will be reopened. The future of Iran’s ballistic missile arsenal and support for proxies like the Houthis and Hezbollah are other sticking points.

“I have just read the response from Iran’s so-called ‘Representatives,’” Trump announced on his Truth Social platform. “I don’t like it — TOTALLY UNACCEPTABLE!”

“I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like it — TOTALLY UNACCEPTABLE! Thank you for your attention to this matter.” -President DONALD J. TRUMP pic.twitter.com/MIQDS9Ujjy

— The White House (@WhiteHouse) May 10, 2026

Given the wide diplomatic gap between the U.S. and Iran and statements by Trump and Netanyahu, how much longer the ceasefire can hold remains an open question.

UPDATE: 7:44 PM EDT –

Reacting to the aforementioned Wall Street Journal story about a clandestine Israeli military base set up in Iraq, that country’s military on Monday said there are currently no foreign military bases or forces operating in the country.

The Iraqi Security Media cell stated on X that “the matter pertains to an incident that occurred on 5/3/2026, during which an Iraqi security force from the Karbala Operations Command, as well as from Najaf, moved and clashed with unidentified, unlicensed detachments supported by aircraft at that time, resulting in the martyrdom of one fighter from the Iraqi security forces, the injury of two others with wounds, and the damaging of a vehicle.”

“We wish to clarify that some are attempting to exploit this incident politically, and there are escalatory statements being made without knowledge of the facts,” the post continued. “All these statements harm the reputation of Iraq and its security leadership, which affirms—and is certain—that there are no unauthorized forces or bases currently on Iraqi territory. There is significant effort being undertaken by our security units through inspection operations across all areas of responsibility. We also affirm that the necessary legal measures will be taken against anyone attempting to spread misleading information or malicious rumors that send negative messages about Iraq’s sovereignty, prestige, and the sacrifices of its security institutions.”

بيان
​••••
​نتابع باهتمام كبير ما يتم تداوله من تصريحات وأخبار بشأن وجود قواعد وقوات غير مصرح بها على الأراضي العراقية، وتحديداً في صحراء كربلاء شرق النخيب والنجف.
​وسبق أن أكدنا أن الأمر يتعلق بحادثة وقعت بتاريخ 5/3/2026، حيث تحركت قوة أمنية عراقية من قيادة عمليات كربلاء…

— خلية الإعلام الأمني🇮🇶 (@SecMedCell) May 11, 2026

UPDATE: 6:36 PM EDT –

Israel’s Iron Dome air defense system “has been nearly 99% effective against missiles from Hamas and Hezbollah militants and ​has knocked out most missiles from Iran,” the chairman of ‌state-owned Iron Dome maker Rafael Advanced Defense Systems Ltd said on Monday, according to Reuters.

Rafael’s Yuval Steinitz told a conference of the Jerusalem Center for Security and Foreign Affairs that since the October ​2023 Hamas raid on Israel, Hamas in Gaza and Hezbollah in ​Lebanon have between them fired some 40,000 rockets at Israel.

“Iron ⁠Dome intercepted most of them with success rates that (are) not 100% but close ​to 100%. It’s around 98%, even 99%, so it’s not perfect, but almost,” ​Steinitz said.

Iran, he added, has fired about 1,500 ballistic missiles at Israel in two rounds of fighting since 2024 and “only several dozens” were not intercepted.

He noted that there was ​no shortage of missile interceptors.

The Trump administration is keeping up its economic pressure on Iran, “sanctioning another network selling and shipping Iranian oil for the IRGC,” State Department spokesman Tommy Piggott stated X. “This action marks an additional round of sanctions under Economic Fury, part of the Administration’s maximum pressure campaign.”

The Trump Administration is sanctioning another network selling and shipping Iranian oil for the IRGC. This action marks an additional round of sanctions under Economic Fury, part of the Administration’s maximum pressure campaign.

— Tommy Pigott (@statedeptspox) May 11, 2026

Satellite imagery from @CopernicusEU shows no supertanker loadings on May 8, May 9 and May 11 (we don’t have data for May 10 from either Sentinel 1 or Sentinel-2 ),” Bloomberg energy and commodities columnist Javier Blas noted on X. “It looks like the longest stretch without loadings since the early days of the war.”

Kharg Island update: @CopernicusEU satellite imagery shows no supertanker loadings on May 8, May 9 and May 11 (we don’t have data for May 10 from either Sentinel 1 or Sentinel-2 🛰️). It looks like the longest stretch without loadings since the early days of the war. pic.twitter.com/yJoTzGO79j

— Javier Blas (@JavierBlas) May 11, 2026

UPDATE: 6:17 PM EDT –

As Pakistan positioned itself as a diplomatic conduit between Tehran and Washington, “it quietly allowed Iranian military aircraft to park on its airfields, potentially shielding them from American airstrikes,” CBS News reported, citing U.S. officials with knowledge of the matter. 

Iran also sent civilian aircraft to park in neighboring Afghanistan, the network added, saying it was not clear if military aircraft were among those flights.

Among the military hardware was an Iranian Air Force RC-130, a reconnaissance and intelligence-gathering variant of the Lockheed C-130 Hercules tactical transport aircraft.

Scoop via @CBSNews: As Pakistan positioned itself as a diplomatic conduit between Tehran and Washington, it quietly allowed Iranian military aircraft to park in its country, potentially shielding them from US airstrikes, sources told @JimLaPorta and me. Days after Trump announced…

— Jennifer Jacobs (@JenniferJJacobs) May 11, 2026

The United Arab Emirates has ​secretly carried out military ‌strikes on Iran, the Wall ​Street Journal reported ​on Monday, citing ⁠people familiar with ​the matter.

The strikes, ​which the UAE has not publicly acknowledged, ​included an ​attack on a refinery on ‌Iran’s ⁠Lavan Island in the Persian Gulf, WSJ said, ​adding ​that ⁠the attack took place ​in early ​April, according to the publication.

The UAE has ​carried out military ‌strikes on #Iran, according to the Wall ​Street Journal.

The strikes, ​which the UAE has not publicly acknowledged, ​included an attack on a refinery on ‌Iran’s ⁠Lavan Island in the Persian Gulf.https://t.co/0GJFrUdbsh

— Hamidreza Azizi (@HamidRezaAz) May 11, 2026

UPDATES

The U.S. blockade on Iranian ports remains ongoing, there was another report of ships attacked by drones in the Persian Gulf and the UAE said Iran is continuing to launch attacks against its territory.

U.S. Central Command on Monday claimed it has turned away 62 ships and disabled four attempting to run the blockade in total since the blockade began on April 13.

USS Delbert D. Black (DDG 119) monitors regional waters as it transits the Arabian Sea during enforcement of the U.S. blockade against Iran. CENTCOM forces have redirected 62 commercial ships and disabled 4 to ensure compliance. pic.twitter.com/Qw5QrTUn5R

— U.S. Central Command (@CENTCOM) May 11, 2026

The Ambrey maritime security firm said two ships were struck on Sunday in the Persian Gulf.

“A Panama-flagged deck cargo vessel was impacted by an unmanned aerial vehicle (UAV) while anchored approximately 23.6 NM east-northeast of the port of Doha, Qatar,” according to an Ambrey alert. “The impact resulted in a small fire, which was subsequently extinguished by the vessel’s crew. The vessel reported damage to its conveyor system at approximately 07:15 UTC. One coast guard vessel was observed alongside, rendering assistance. No crew casualties were reported in connection with the incident. This incident occurred approximately 2.8 NM south of an additional vessel that was impacted by a projectile on the morning of 10 May. Ambrey will provide updates as new information becomes available.”

The Ambrey alert did not specify who launched the drones.

On Sunday, UAE said it was attacked by two drones launched by Iran, the latest in a string of strikes dating back to the beginning of the war on Feb. 28 and continuing even after the April 7 ceasefire between the U.S. and Iran.

UAE Air Defenses engaged 2 UAV’s.

The Ministry of Defense announced that on May 10, 2026, UAE air defense systems successfully engaged 2 UAV’s launched from Iran.

Since the onset of these blatant Iranian attacks, UAE air defenses have engaged a total of 551 ballistic missiles,… pic.twitter.com/yvruj6d3om

— وزارة الدفاع |MOD UAE (@modgovae) May 10, 2026

The issue of Iran will loom large over Trump’s meeting with Chinese President Xi Jinping in Beijing later this week. As we have previously reported, China relies heavily on Iranian oil and is also suspected of aiding its war efforts.

Trump is expected to call on Beijing to persuade Iran to reopen the Strait of Hormuz. However, the topic is fraught with tensions over recent U.S. actions against China.

Last week, the U.S. imposed sanctions on several China-based companies, alleging that they provided “satellite imagery to enable Iran’s military strikes against US forces in the Middle East” and enabled “efforts by Iran’s military to secure weapons, as well as raw materials with applications in Iran’s ballistic missile and unmanned aerial vehicle (UAV) programs,” according to the Guardian.

On Monday, China lashed out at those sanctions, describing them as illegal and unilateral, Reuters reported.

“We have always required Chinese enterprises to conduct business in accordance with laws and regulations, and will firmly safeguard the legitimate rights and interests of Chinese enterprises,” spokesperson Guo Jiakun said at a regular press briefing.

Iraqi lawmakers are calling for investigation into a clandestine military outpost Israel reportedly set up in the Iraqi desert to support its air campaign against ​Iran. The Wall Street Journal on Saturday reported that Israel built the installation, ​which housed special forces and served as a ​logistical hub for the Israeli air force, with the ⁠knowledge of the U.S. just before the start of ​the war. It also included ​search-and-rescue teams positioned to assist any downed Israeli pilots, according to the Journal. Israeli forces fired on Iraqi troops after it was discovered, the newspaper added. 

Exclusive: Israel built a secret military post in Iraq to support its campaign against Iran and launched strikes on Iraqi troops who almost found it early in the war https://t.co/f9FISMgdNs

— The Wall Street Journal (@WSJ) May 9, 2026

Ahmed Majid, a Kurdish politician, “is among several lawmakers who have harshly reacted to the report of the existence of an Israeli base in the Arab country,” Iran’s official IRNA news agency reported on Monday. Majid warned “that Iraq’s sovereignty is being violated by both the United States and the Israeli regime.”

Member of Parliament Abu Turab al-Tamimi called the presence of the Israeli military base and American forces “a dangerous security scandal” and raised questions “about how enemy forces entered deep into Iraqi territory without the knowledge of border guards, the Interior Ministry, and the Joint Operations Command.”

al-Tamimi insisted that “an immediate investigation should be opened and committees should be formed to hold the perpetrators accountable,” IRNA noted.

Video emerged online purporting to show the Israeli outpost, in the Najaf desert, from a distance. The video was reportedly taken by an Iraqi soldier, though we cannot independently verify these claims.

Circulating footage claiming to show the Israeli military outpost in Iraq’s Najaf desert from a distance. The Iraqi soldier who is filming says the lights belong to two U.S. bases. The Iraqi forces appear to be keeping their distance, as reported by Al-Arabiya. https://t.co/p7tGGCyEDO pic.twitter.com/kgAfEtsGgI

— Ariel Oseran أريئل أوسيران (@ariel_oseran) May 10, 2026

However, the likelihood of an outpost like this is something we have suggested was all but assumed going back to last year’s 12 Day War.

Hezbollah released video footage on Sunday claiming to show its first-person view (FPV) drones attacking an Israeli Iron Dome air defense battery in northern Israel. The video shows what appears to be two attacks, one on a launcher and one on another launcher with several Israeli troops observed nearby. In each case, the video cuts out before any damage is seen. 

“There was no public comment from the IDF, but unofficially, IDF sources could not dispute the video’s authenticity, and the visuals spoke for themselves,” the Times of Israel noted.

As we were among the first to report, Hezbollah has been ramping up its FPV drone attacks on Israeli forces, creating havoc and leaving Israel scrambling for countermeasures

Hezbollah released footage showing one of its drones targeting an iron dome platform positioned in Israel northern border over the weekend. pic.twitter.com/aWBr7NiLkw

— Ariel Oseran أريئل أوسيران (@ariel_oseran) May 10, 2026

The British Royal Navy is deploying its Type 45 destroyer HMS Dragon to the Middle East to take part in a potential European post-ceasefire effort to secure the Strait of Hormuz. The vital body of water has been closed to nearly all shipping by Iran since the war broke out on Feb. 28.

The deployment comes as the U.K. and France will host the first meeting of the Strait of Hormuz coalition of defense ministers on Tuesday to map out a way forward amid the global economic impact of the Strait closure. It is also taking place as the latest round of negotiations between the U.S. and Iran remains deadlocked while a shaky ceasefire holds.

“The Type 45 destroyer will forward deploy to ensure the UK can contribute to a future multinational mission to secure the critical waterway and safeguard freedom of navigation, following a sustainable ceasefire,” the Royal Navy said in a statement on Monday. “HMS Dragon can use her Sea Viper missile system to help safeguard UK assets and interests – assisted by Wildcats from 815 Naval Air Squadron equipped with Martlet missiles able to deal with the aerial drone threat.”

The Wildcats are helicopters with drone-busting capabilities that operate off Royal Navy destroyers and frigates.

The idea is that the Dragon would help set up an air defense bubble over the Strait in case a more comprehensive ceasefire breaks down. That would protect ships like the German minesweeper Fulda, which is also heading toward the region, as well as commercial vessels transiting the Strait.

As we previously reported, the Royal Navy’s Type 45 destroyer HMS Diamond used the Sea Viper system, along with guns, to take down more than a half-dozen drones launched by the Houthis in one engagement during the Iranian-backed rebel group’s campaign against Red Sea shipping in 2024

You can see an image from that engagement below.

A Ministry of Defense photo shows Royal Navy personnel in action against a Houthi attack in the Red Sea.
Royal Navy personnel aboard the HMS Diamond in action against a Houthi attack in the Red Sea. (Owen Cooban/U.K. Ministry of Defense) Owen Cooban/U.K. Ministry of Defense

The Portsmouth-based Dragon left the UK in March and has been “helping to safeguard the island of Cyprus in the Eastern Mediterranean,” according to the Royal Navy. In our earlier reporting, we noted that the French aircraft carrier Charles de Gaulle entered the Red Sea last week.

News about the deployment of French and U.K. vessels to the Middle East sparked a sharp warning from Iran.

“Any deployment and stationing of extra-regional destroyers around the Strait of Hormuz, under the pretext of ‘protecting shipping,’ is nothing but an escalation of the crisis, the militarization of a vital waterway, and an attempt to cover up the true root of insecurity in the region,” Iran’s Deputy Foreign Minister Kazem Gharibabadi stated on X. “Accordingly, it is emphasized that the presence of French and British warships, or those of any other country potentially accompanying the illegal and internationally unlawful actions of the United States in the Strait of Hormuz, will be met with a decisive and immediate response from the armed forces of the Islamic Republic of Iran. Therefore, they are strongly advised not to complicate the situation further.”

Gharibabadi did not elaborate on what that response might be.

فرانسه اعلام کرده است ناو هواپیمابر «شارل دوگل» را برای آماده سازی یک ماموریت آینده همکاری‌های مشترک میان پاریس و لندن با هدف تقویت آزادی کشتیرانی در منطقه تنگه هرمز، به سمت دریای سرخ و خلیج عدن فرستاده است. در همین حال، دولت انگلیس هم اعلام کرده که در همراهی با فرانسه، یکی از…

— Gharibabadi (@Gharibabadi) May 10, 2026

Tomorrow U.K. Defense Secretary John Healey MP will co-chair a meeting of over 40 nations, alongside his French counterpart, Minister Catherine Vautrin, for the multinational mission’s first Defense Ministers’ meeting.  

“The plan is strictly defensive and, once conditions allow, will focus on restoring confidence for commercial shipping along the critical trade route,” the Royal Navy noted. “HMS Dragon could play a key role in this mission. The ship’s forward presence will help strengthen confidence among commercial shipping firms, support mine-clearance efforts, and protect vessels once hostilities have ceased.”

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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‘The Wizard of the Kremlin’ review: Authoritarianism by numbers, thinly

Frenchman Olivier Assayas’ canvas is either highly personal (“Suspended Time”) or deliriously global (“Carlos”). He can be hard to pin down as a filmmaker, except when the material does the restraining for him, as the intermittently arresting but overplayed piece of political theater “The Wizard of the Kremlin” proves.

Operating off the same-named novel by Giuliano da Empoli, about a behind-the-scenes manipulator named Vadim Baranov helping to orchestrate Russian leader Vladimir Putin’s rise to power, Assayas and co-screenwriter-journalist Emmanuel Carrère have fashioned a whirlwind shadow biopic of 21st century tsardom that blends the real story (Jude Law is Putin) and an invented one (Paul Dano is Baranov) with all the wisdom-in-hindsight energy of an old-school epic dramatizing How Things Came to Be.

The problem, though, from its clichéd interview framing (Jeffrey Wright plays an American journalist visiting the retired Baranov at his estate) to the tediously narrated flashback structure, is that the movie never lives and breathes inside its stitched-together moments, preferring to be a relentless, country-hopping talkfest in which characters opine as if fully aware of the consequential era they’re in, fully ready to explain it.

That doesn’t apply to a scarily good Law, who makes the most of a curiously underwritten featured-player part. When given center stage, his Putin is commanding, reminding us of the real sinister power in the room. But everyone else in “The Wizard of the Kremlin” is mouthpiece first, character second. Post-Cold War Russia’s swerve away from clunky democracy is as fascinating a turn of events as geopolitics gets, but it’s been reduced to an extended lecture on power, divvied up into timeline hits (from Yeltsin’s nascent kleptocracy to Putin’s violent fearmongering) and speaking parts made of aphorisms and commentary. (“If you don’t grab power, power grabs you” or “Russia has always needed a strongman,” etc.)

The Zelig-like Baranov character — understood to be a liberalized avatar for inner circle strategist Vladislav Surkov — is an interesting mix of cynicism and opportunity. He goes from being an idealist directing avant-garde theater to honing his manipulation chops making reality TV and eventually helping a savvy business magnate (Will Keen as Boris Berezovsky) fashion Putin into a palatable, malleable politician for an electorate hungry for stability. But when the ex-spymaster’s cold lust to return Russia to imperial glory becomes vengeful and warlike, Baranov’s principles give way to a ruthless impulse.

If only the sorely miscast Dano had the weight to sell this guided tour of corruption — a role that could have been in the vein of one of Scorsese’s charismatic motormouth narrators. Affectedly hushed and conspiratorial in nearly every scene, his accent an afterthought, the normally evocative actor comes off more like a one-note Bond villain in training than someone whose smarts and complexities are meant to intrigue. There’s also little chemistry in his scenes with Alicia Vikander, herself struggling to find dimension in a trophy girlfriend, whose greatest skill in an ever-changing Russia seems to be as an oligarch whisperer.

As “Wizard” barrels along, content to be aimlessly scornful and sloppy, it’s hard not to be reminded of Assayas’ much more successfully finessed “Carlos” and how this effort feels like a truncated miniseries, trimmed of nuance and emotion. It’s sketched out for cynical skimming rather than deeper psychological consideration.

‘The Wizard of the Kremlin’

Rated: R, for language, some sexual material, graphic nudity, violence and a grisly image

Running time: 2 hours, 16 minutes

Playing: Opens Friday, May 15 in limited release

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Can central banks curb inflation as energy costs rise? | Business and Economy

Central banks hold rates steady as energy shock tests inflation fight.

Caught between rising inflation and slowing growth, the United States Federal Reserve, the European Central Bank and the Bank of England are keeping interest rates and borrowing costs steady.

That’s despite rising energy bills, fuel and food costs squeezing businesses and households worldwide.

The International Monetary Fund is warning of a global slowdown, and no one knows how long the energy shock set off by the US-Israel war on Iran will last.

The impact will be felt hardest in emerging markets and developing nations. Central banks face a tough choice: fight rising prices or support a weakening economy.

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Non-league to PL rise was ‘a killer’ on my body and mind – Jamie Vardy

Vardy was released by his boyhood club Sheffield Wednesday for being too small, but the documentary unearths footage of his blistering goalscoring form in his Stocksbridge days while also working in a factory making medical splints.

However, in the first of a series of problems in 2007, Vardy admits in the documentary he had “no stability” in his life. He had been convicted of assault when out drinking and had to wear an ankle tag for six months.

He also had a 6pm curfew which meant he had to leave matches early.

Moves to Halifax Town – where Vardy met his long‑time agent John Morris – and later Fleetwood Town followed, before his £1m move to then‑Championship club Leicester City.

Woven throughout are “The Inbetweeners” – a nickname given to Vardy’s small, all‑male social group from Sheffield – who act as his main support, alongside his wife.

“If one of us is having a problem, then get it in the group. Might get abused for a bit but at least it’s us lot keeping an eye on each other,” Vardy says.

They were needed, as former Foxes midfielder Andy King says Vardy experienced an initial “culture shock” at Leicester, where the striker admits he initially felt not good enough.

Physiotherapist Dave Rennie also corroborates accounts of Vardy’s struggles with alcohol, worsened by the pressure of the move, including “manufacturing his own Skittles vodka at home”.

Vardy would arrive at training hungover and, on one occasion, uncontactable to his then-pregnant Rebekah, or Becky as he affectionately calls her.

There was a feeling he was going to throw away his career, but the work of a “good psychologist”, the patience of manager Nigel Pearson and his own efforts to grow up after the birth of his daughter Ella kept him going.

Fame still brought further problems. A 2015 Sun on Sunday story showed him on video using a racial slur against a Japanese man in a casino.

He later described it as “a massive, massive learning curve”, explaining he was never taught which terms he could and could not use.

The film also highlights “one of the harder things” Vardy experienced when he rushed home from a team‑bonding trip to Helsinki after being told a tabloid was publishing a story about his secret biological father, who he had no prior knowledge of.

Still, Vardy became the poster boy and top scorer for Leicester’s Premier League title‑winning campaign in 2015‑16, went on to lift the FA Cup and fulfilled his agent’s prediction, made when he signed for Halifax, that he would one day play for England.

Asked whether he could have achieved more internationally after retiring from England in 2018, Vardy replied: “Possibly. We’ll never know.

“I’ll be honest, going away with England is unbelievable – you want to play for your country – but the mental side of it was tough. That changed when Gareth [Southgate] came in, but before that you were stuck in your room all day.

“You trained and then you were just back in your hotel room, pulling your hair out. There’s only so much time you can spend on a PlayStation or speaking to the kids on video calls. You’ve already not seen them and now you’re getting pulled away for another two weeks. It’s tough.

“At the time, after the World Cup, I just wanted to protect [my legs] as much as possible, prolong my club career, and as I’m still going now, it was obviously the right decision.”

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Sri Lanka: FDI Is on the Rise

VITAL STATISTICS
Location: South Asia
Neighbors: India and the Maldives by sea
Capital city: Colombo is the executive and judicial capital; Sri Jayewardenepura Kotte is the legislative capital
Population [2024]: 21.8 million
Official language: Sinhalese, Tamil
GDP per capita [Est. 2026]: $5,250
GDP growth [Est. 2026]: 3.1%-3.3%
Inflation [March 2026]:
2.2%; 5.2% expected for 2026
Currency: Sri Lankan rupee
Credit Rating (Fitch January 2026): CCC+
Investment promotion agency: The Board of Investment of Sri Lanka (BOI) and the Export Development Board. The BOI has reduced the minimum investment threshold to $250,000 from $3 million.
Further reductions are available for tech-based branch offices. Service exports (IT/BPO) have 15% corporate tax rate. Multi-year income tax break are available for strategic development projects that exceed $50 million. Foreign owners guaranteed repatriation of capital and profits under the law.
Corruption Perceptions Index rank [2025]: 107/182, where 182 is the most corrupt
Political risk:
The energy and cost-of-living crisis; risk of public unrest; bureaucratic red tape
Security risk:
Violent crime against foreigners is rare

Sri Lanka is rewriting its economic story. After enduring the 2022 economic collapse and the devastation of Cyclone Ditwah in late November 2025—the deadliest disaster since the 2004 tsunami—the nation has emerged with renewed global confidence. The Board of Investment (BOI) recently reported that 2025 foreign direct investment (FDI) surged by 72%, reaching a historic $1.06 billion—the first time foreign investments in the country crossed the billion-dollar threshold.

Foreign investors are not merely maintaining their existing positions but are placing fresh, long-term bets on the country’s future in the form of greenfield investments that involve the highest upfront risk and longest payback horizons, says Hirotaka Mizutani, Founder & Representative Director of management consultancy One Step Beyond.

“Notably, 24 new greenfield projects contributed $134 million, representing approximately 13% of the total FDI,” he added. “This significantly exceeds the historical norm of 2% to 10%.”

This rebound is anchored by Singapore ($318.9 million), India ($213.7 million), and France ($122.5 million), followed by the Netherlands and Luxembourg. New capital is also flowing from the US, Malaysia, and Hong Kong. By sector, manufacturing led with a 46% share of the new capital, followed by port development (26%), tourism (11%), telecommunications (6%), and property development (5%).

Sri Lanka: ‘A Neutral Zone’

Although a smaller slice of the investment pie, the real estate sector is viewed as a high-upside opportunity. Indika Hettiarachchi, an independent private market investment and strategy consultant, notes that Sri Lanka’s real estate offers attractive entry costs as the economy stabilizes. He argues that by maintaining strategic neutrality, the island provides a secure alternative to Middle Eastern hubs disrupted by the Iran war.

“This reliability was strikingly demonstrated during the 2026 International Cricket Council Men’s T20 World Cup, where Colombo successfully hosted high-stakes fixtures like the India-Pakistan match, signaling to investors that the nation’s emergence as a regional center is increasingly compelling,” he adds.

Sri Lanka’s reputation as a stable “neutral zone” has increased investor confidence and capital inflows. The $3.7 billion Sinopec oil refinery project in Hambantota, finalized in 2025, is the country’s largest-ever FDI and a cornerstone in addressing its energy challenges. This commitment exceeds other major projects, including the $1.4 billion Colombo Port City development and the $700 million Adani Group terminal.

Meanwhile, China Harbour Engineering Company Port City Colombo confirmed a $300 million FDI commitment in January 2026.

Beyond securing the nation’s energy and port development, investments are diversifying into high-value niches, such as information and communication technology, renewable energy, and a “Green and Digital Economy” mandate that includes the 2030 Digital Economy Strategy and the use of quartz in the solar supply chain.

PROS
Located on a major strategic shipping route between Asia and Europe
Fast-growing transshipment hub
Aims for 70% of electricity to be generated from renewable sources by 2030
South Asian Free Trade Area, Asia-Pacific Trade Agreement, current EU GSP+ program valid till 2027, and the Thailand-Sri Lanka Free Trade Agreement
English-speaking, technologically
proficient workforce
A 10-year residency visa is available for a $200,000 investment in government-approved investments

Promising Sectors

Yasiru Ranaraja, Founding Director of the Belt and Road Initiative Sri Lanka, highlights that the most promising sectors are logistics, supply chain management, and high-value services.

“Sri Lanka sits directly along the main East-West shipping route, and the Port of Colombo has already become South Asia’s largest transshipment hub,” he says.

“As trade between Asia and Africa expands in what many analysts call the ‘Asian century,’ maritime traffic through the Indian Ocean is expected to grow significantly. Colombo is well-positioned to benefit from this shift.”

Corporate titans are propelling this expansion. Indian heavyweights include UltraTech Cement, a gray cement manufacturer, alongside tire leader CEAT, and energy giant Lanka IOC.

US-based Synopsys and Virtusa lead in semiconductor design and digital engineering, respectively.

Japanese firms, such as Tos Lanka, manufacture high-precision electronics, and YKK Lanka makes zippers for apparel.

CONS
India-China investment competition may affect project approvals
Volatile currency
Foreigners can only lease real estate
Highly vulnerable to climate disasters
Small domestic market
IMF reform pressures
SOURCES: World Bank, KPMG Sri Lanka Budget Analysis 2026 Snapshot Report, IMF, Ministry of Finance, Economic Policy Statement 2026, Board of Investment Sri Lanka – Investment Guide 2026, Central Bank of Sri Lanka, Asian Development Bank Outlook 2026, Transparency International, www.newswire.lk, 15th Census of Population and Housing
For more information on Sri Lanka, check out our Country Economic Reports.

Tourism Steps Up

Sri Lanka’s tourism industry is a magnet for premium global brands. Hong Kong’s Shangri-La anchors Sri Lanka’s luxury sector with properties in Colombo and Hambantota, alongside a significant presence from India’s Taj Hotels and ITC, and US leaders Hilton and Marriott.

Regional strength is further bolstered by Nepal’s CG Corp Global, which holds strategic stakes in the island’s homegrown Jetwing Hotels. With more than 20,000 new hotel room keys expected to be operational in 2026, Sri Lanka’s tourism strategy has shifted toward high-yield, experiential travel.

Facilitating this influx of capital is a package of structural incentives designed to eliminate red tape. This includes amending the Strategic Development Projects Act to allow tax holidays of up to 40 years within the Colombo Port City Special Economic Zone.

Additionally, Sri Lanka’s new Investment Protection Bill and a “single-window” approval system ensure a predictable business environment. However, while the government has committed to this initiative, “the real test will be whether it delivers genuine bureaucratic streamlining rather than a cosmetic rebranding,” argues One Step Beyond’s Mizutani.

A new Public-Private Partnership Act, expected to be introduced in the first half of 2026, will further liberalize the economy by inviting private equity into the infrastructure, energy, and telecom sectors.

It will also enhance stability through the restructuring of state-owned enterprises.

Sri Lanka’s investor-friendly landscape is underpinned by a network of four Free Trade Agreements, 28 Bilateral Investment Protection Treaties, and 46 Double Tax Avoidance Agreements.

Furthermore, while the IMF projects growth of 3.1%-3.3% for 2026, the Central Bank of Sri Lanka has upgraded its forecast to 4%-5%. Reserves are at a post-crisis high of $7 billion, supported by a 32% surge in early-year remittances and a 92% completion rate on public external debt restructuring.

Nonetheless, Sri Lanka’s staff-level agreement for $700 million confirms a return to stability, though it remains fragile.

The IMF stresses the need to build resilience against Middle East energy shocks and post-Cyclone Ditwah reconstruction. Additionally, the government must pass its anti-money laundering evaluation to avoid inclusion on the Financial Action Task Force’s “Grey List” of jurisdictions under increased monitoring for financial crime and secure a long-term recovery.

The post Sri Lanka: FDI Is on the Rise appeared first on Global Finance Magazine.

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The rise of political violence under Trump | Donald Trump

Redi Tlhabi speaks to Professor Robert Pape on the rise of political violence in the US.

After the shooting at the White House Correspondents’ Association dinner, has the US entered a new age of political violence? The third alleged attempted assassination of US President Donald Trump in recent years follows a series of politically motivated violent incidents last year, including the assassinations of right-wing activist Charlie Kirk and Democratic state legislator Melissa Hortman. What is causing the increase in political violence in America? And how much is the Trump administration driving the politically divisive atmosphere with violent rhetoric and lethal foreign policy?

This week on UpFront, Redi Tlhabi speaks with Robert Pape, professor of political science at the University of Chicago and author of the upcoming book “Our Own Worst Enemies: America in the Age of Violent Populism”.

 

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Oil prices rise despite UAE exit from OPEC as Iran war ceasefire hangs in balance

Oil markets face renewed instability following the United Arab Emirates’ formal exit from the Organisation of the Petroleum Exporting Countries (OPEC) and its wider alliance (OPEC+), announced on Tuesday and taking effect on Friday.


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The move, which ends decades of membership, comes as the global economy continues to reel from the ongoing war with Iran and the blockade of the Strait of Hormuz remains in place.

Investors are currently weighing the potential for higher future output from the UAE against the immediate and acute risks posed to global supply routes, as well as the increased chances that more countries drop out of OPEC and OPEC+.

Following the announcement, markets reacted swiftly as the potential for oversupply from the UAE was priced in. Oil prices fell by between 2% and 3%, particularly in futures contracts a couple of months ahead.

However, the move was just as quickly offset by the risk premium associated with the Middle East conflict and the current halt to US-Iran negotiations.

At the time of writing, US benchmark crude, WTI, is trading above $105 a barrel, while Brent crude, the international standard, is over $112. Both prices are around 4% higher on Wednesday from the UAE announcement low.

The UAE’s decision follows years of simmering tension between Abu Dhabi and Riyadh over production quotas. The UAE has invested over $150 billion (€128bn) in the state-owned Abu Dhabi National Oil Company (ADNOC) to expand its capacity to five million barrels per day.

However, under OPEC’s restrictive framework, much of this capacity remained underutilised, now prompting the government to prioritise its national interest.

The departure of the group’s third-largest producer is a significant blow to the cohesion of the 60-year-old organisation. Maurizio Carulli, global energy analyst at Quilter Cheviot, noted the limitations this exit places on the remaining members.

“Until tanker traffic through the Strait of Hormuz is safe again, OPEC’s ability to stabilise prices is sharply constrained, while US producers have gained outsized influence,” Carulli explained.

While the UAE has pledged to bring additional production to the market in a “gradual and measured” manner, the sudden lack of coordination within OPEC has introduced a new layer of uncertainty.

For the UAE, the blockade served as a final catalyst for its exit. With its primary export route under threat, Abu Dhabi has sought the diplomatic flexibility to forge independent security and trade partnerships outside the traditional cartel structure.

Despite the geopolitical turmoil, energy equities have remained resilient.

According to Carulli, “integrated majors such as BP, Shell, TotalEnergies, ENI, Chevron and ExxonMobil are benefitting from a price uplift that could add 5-10% to operating cash flow for every $10 increase in oil prices.”

Standoff over the Strait of Hormuz

In a separate but related development, the security situation in the Middle East remains precarious despite a fragile ceasefire. Iran has recently offered a ten-point proposal to reopen the Strait of Hormuz.

In exchange for restoring maritime traffic, Tehran is demanding a full withdrawal of the US naval blockade and an end to the current hostilities.

US President Donald Trump, who recently extended the two-week ceasefire mediated by Pakistan, described the latest Iranian offer as “much better” than previous iterations but still did not accept the terms.

Shortly after, Trump posted on social media claiming that Iran is in a dire and desperate condition with no leverage to negotiate.

Washington continues to insist on a permanent settlement regarding Iran’s nuclear programme and an “unconditional” reopening of the waterway before sanctions are lifted.

The impact of this blockade on global energy security cannot be overstated.

“The prolonged closure of the Strait of Hormuz has removed roughly 12% of global oil supply from the market, according to the IEA, a bigger disruption than the Yom Kippur war, the Iran‑Iraq conflict, the invasion of Kuwait or even the fallout from Ukraine,” Carulli highlighted.

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Oil prices rise amid stalled US-Iran peace talks | Oil and Gas News

Brent crude rises more than 2 percent after Washington and Tehran fail to hold second round of talks in Pakistan.

Oil prices have climbed higher amid stalled peace talks between the United States and Iran.

Brent crude rose more than 2 percent on Sunday after hopes for a second round of ceasefire negotiations between Washington and Tehran unravelled over the weekend.

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After easing slightly, Brent, the primary benchmark for global prices, stood at $106.99 as of 1:30 GMT.

Stock markets in Asia shrugged off the impasse to open higher on Monday, with Japan’s benchmark Nikkei 225 and South Korea’s KOSPI gaining 0.9 percent and 1.5 percent, respectively, in morning trading.

US President Donald Trump on Saturday cancelled a planned trip to Pakistan by his envoys, Steve Witkoff and Jared Kushner, after Iranian Minister of Foreign Affairs Abbas Araghchi departed Islamabad before any direct engagement could take place between the sides.

Araghchi arrived in Russia’s Saint Petersburg on Monday for talks with Russian President Vladimir Putin and other officials as Tehran seeks a way out of the diplomatic impasse.

Araghchi’s trip, which follows a whistle-stop visit to Oman on Sunday, comes as uncertainty hangs over the fragile ceasefire between Washington and Tehran.

Trump announced an extension to their two-week truce last week, without specifying a deadline for reaching a deal to end the war.

As US and Iranian negotiators struggle to break the deadlock, Tehran’s threats against commercial shipping in the Strait of Hormuz have reduced traffic to a trickle, paralysing a large portion of the world’s supply of oil and natural gas.

On Saturday, 19 commercial vessels transited the strait, which normally carries about one-fifth of global oil and natural gas supplies, according to maritime intelligence platform Windward.

Before the US and Israel launched their war on Iran in late February, the waterway saw an average of 129 daily transits, according to the United Nations Trade and Development.

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Coventry v Wrexham: Don Hyam hails Coventry City’s rise but wants same for Wrexham

Wrexham inflicted Coventry’s first league defeat of the season when they won an exciting encounter 3-2 at Stok Cae Ras in October.

“It was a massive game and a massive performance here,” Hyam said.

“It was a great game under the lights at the stadium – I think it was one of my first opportunities to play under the lights here.

“We beat them 3-2, which was a great game and a great occasion for this club.

“They’ve got some great, talented players at the top of the pitch but so have we.”

While reaching the play-offs is the main focus for Hyam there is also the prospect of inclusion in Scotland’s World Cup squad.

Hyam won his second senior cap – three years after making his debut – in Scotland’s 1-0 friendly defeat to the Ivory Coast at Everton’s Hill Dickinson Stadium in March.

Wrexham manager Phil Parkinson said that continued good performances from the former Reading player would give him every chance of securing a place in Steve Clarke’s squad.

“One step at a time, one game at a time,” said Hyam.

“All I can focus on is my performances and hopefully staying fit and having a good end to the season.”

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From pastor’s son to NFL draft guru: The rise of Daniel Jeremiah

Daniel Jeremiah traces his rise as an NFL draft analyst to two seemingly unrelated events: a prominent football reporter showing up in his living room to visit a televangelist, and randomly bumping into a college roommate of his brother in a press box.

First, understand that Jeremiah is not just one in a sea of people evaluating pro prospects. He’s highly respected in the industry and, in addition to his radio work as a color analyst for Chargers games, has been the NFL Network’s go-to expert when it comes to breaking down the strengths and weaknesses of players and how they fit with a given franchise.

The former college quarterback is glib, quick on his feet and meticulously organized. Reporters turn to him — his pre-draft conference calls with NFL writers from coast to coast have sometimes lasted more than two hours — and super-secretive team scouts trust “DJ” as a peer, an extra set of eyes.

“I like to joke that I can kind of be a cross-checker for these teams,” said Jeremiah, 48, who lives in El Cajon, where he once set San Diego records for passing yards and touchdowns at Christian High. “So they’ll call and say, ‘Hey, where do you have this guy? What do you think of this player?’”

Jeremiah was once part of that world. He was a college scout with the Baltimore Ravens, Cleveland Browns and Philadelphia Eagles. But his path from quarterback at Northeastern Louisiana and Appalachian State to where he is now was anything but a straight line. It was a more unpredictable and roundabout route than any offensive coordinator would dare draw.

Roll back the clock 40 years, when his father, David Jeremiah, was the senior pastor at a Baptist church in El Cajon. Every Sunday, he would go from pew to pew greeting parishioners. Young Daniel was at his side and doing the same, perfecting a firm handshake, practicing looking people in the eye.

The elder Jeremiah would go on to launch an international radio and television ministry. His son, who remains devout, would eventually carve out a career preaching the gospel of the NFL to an audience of millions. Daniel’s description of player traits are digestible and entertaining, whether it’s his own phraseology or the language he learned after more than two decades in the business.

Daniel Jeremiah speaks with a reporter ahead of the NFL draft in Pittsburgh on Wednesday.

Daniel Jeremiah speaks with a reporter ahead of the NFL draft in Pittsburgh on Wednesday.

(Ed Rieker / Associated Press)

An unflinching running back might “choose violence,” a team that builds the line before adding skill-position talent is “putting the hardware store before the toy store,” and an edge rusher who passes the “wet paint” test can get around the corner with such lean that “If he played on a field of wet paint, he did not have a drop of paint on him at the end of the game.”

Said Charlie Yook, executive producer of content for NFL Network: “Daniel is hilarious, a funny guy. It’s a different type of humor. He doesn’t swear. He kind of has that schoolish, boyish, sarcastic type of humor, but it’s still something that everyone can relate to.”

Now, for that renown football reporter who showed up in his living room. It was the late Chris Mortensen, who covered the NFL for ESPN and regularly listened on Sunday mornings to the preachings of Dr. David Jeremiah. In 1998, when San Diego played host to the Super Bowl between Denver and Green Bay, Mortensen used the opportunity to meet his favorite radio minister. The elder Jeremiah invited him over to the house for lunch. Daniel was a college freshman home on winter break. He and Mortensen instantly bonded, and the reporter asked if he’d like to attend Super Bowl media day. Later, he invited the young man to join him at the draft in New York, giving him an assignment to work the phones.

Mortensen would give his landline number at the draft to all the team general managers, reporters and other contacts around the league. Jeremiah manned the phone “like a secretary,” took notes and relayed them during commercial breaks. Already showing a knack for organization, Jeremiah kept index cards sorted by division and by tracked receiver and cornerback needs, keeping tabs on which of those players went there.

“That draft was bigger than this draft for me personally,” Jeremiah said, sitting in the stands at an NFL event in Pittsburgh before a cluster of reporters would surround him for final observations on how the first round would unfold.

So a straight line from there to a Mortensen-like role with NFL Network? Hardly. Jeremiah’s next job was with ESPN’s “Sunday Night Football” and a gig that was football-adjacent. He traveled with that crew as a production assistant, but his role was lining up the scenic footage in every city. Say it was a Rams game in St. Louis, he was the one setting up a shoot at a root beer factory so the network had something local to show coming in and out of commercials.

He did that for two years, but eventually his knowledge of the game as a onetime quarterback made him too valuable to waste. The crew put a headset on him and he would be another set of eyes for camera operators and people in the production truck. What cornerback got beat on that play? He knew. Who’s warming up on the sideline? He was watching. How many times has the defense blitzed? He was keeping track. It was a dream job.

“I was a pig in slop,” Jeremiah said.

But it was but one slop stop in his budding career. While walking through a press box at a game, he bumped into his brother’s old college roommate, T.J. McCreight, who was scouting for the Ravens.

“He goes, ‘Hey, do you think you’d ever have any interest in scouting,’” Jeremiah recalled. “I said, ‘I’ve never … I mean, I love the draft and all that stuff. But I’ve never even thought about scouting, but yeah, absolutely I’d have interest in that.’”

Daniel Jeremiah speaks during a news conference at the NFL scouting combine in Indianapolis on Feb. 25.

Daniel Jeremiah speaks during a news conference at the NFL scouting combine in Indianapolis on Feb. 25.

(Gregory Payan / Associated Press)

Soon enough, he was meeting with Ravens executives who gave him a volunteer assignment at the combine, very high-level stuff.

“I filled the candy jar every day,” he said. “I helped get the players into the interview rooms and all that.”

But he was on his way to eventually spending four years with Baltimore, then following player-personnel director Phil Savage to his GM job with Cleveland, scouting the entire country out of Southern California. When the Browns went 4-12 in 2008, Savage and his hires, Jeremiah among them, were shown the door.

Jeremiah spent two more years with Philadelphia as a West Coast scout before taking an analyst job with NFL Network. He could do the same type of player evaluation without the zig-zagging travel, much better for a father of four.

“I left scouting,” he said. “Scouting didn’t leave me.”

The draft is his Super Bowl, and he’s aware that it’s usually the biggest day in the lives of NFL hopefuls. He keeps that in mind, especially when he’s delivering an honest critique of a player.

“I’m very cognizant of that,” he said. “I don’t know that there’s a right way to do this job or a wrong way. I just know the way that I’ve approached it, and I feel like you could really eviscerate someone on what’s literally the best day of his life. Yeah, I will never do that.”

It’s a delicate balance, though, because he wants to remain true to his scouting beliefs.

“I might not necessarily have a player going to a team,” he said. “But I can try to explain to you why I think that team did what they did. That keeps me from saying a bunch of negative things about a player. I’m not trying to kill the kid, right?”

Said Yook: “There are 200-something guys getting drafted over these three days. You don’t suck if you get drafted in the NFL. Doesn’t matter if you’re pick No. 1 or the last pick. He understands that there’s a very small percentage of people who actually get to touch grass in the National Football League.”

What’s more, people can follow all sorts of twisting paths to success. Jeremiah needs no reminder. Preaching to the choir.

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All the foreign holidays Brits can take WITHOUT flying as fuel prices rise

IT’S fair to say that there is a sense of nervousness when it comes to a holiday abroad this year.

What with warnings of summer holiday cancellations and airlines cancelling thousands of flights – it’s no wonder Brits are booking more staycations than ever.

Forget flights – you can still explore Europe and the Caribbean thanks to cruises and trains Credit: Alamy

But there is still a way to have a foreign holiday without hopping on a flight, thanks to a number of cruises, ferries, trains and car tunnels going from the UK.

Brittany Ferries, who operate a number of sailings across the UK, said that maritime fuels are not being affected, and prices won’t be going up either.

Brittany Ferries boss Christophe Mathieu said: “If you have booked with us, or are considering doing so, we will get you to a beautiful and safe holiday destination this year. Period.

“We will play no part in profiteering or seeking to recover losses from a gamble gone wrong, as some appear to be doing.

HOLI-YAY

I’ve booked hundreds of holidays to the Spanish islands – here are the very best


HOL-D OFF

Brits warned summer holidays ARE at risk of being cancelled as jet fuel runs low

“The cost of our holidays rose by inflation earlier this year, and by inflation alone. There will be no further rises in the weeks or months ahead.”

So we’ve done the hard work for you and rounded up some of the best places to go from the UK where you can avoid the having to go to the airport entirely.

Seven nights around Spain and Portugal by cruise

You don’t have to hop on a plane to explore Spain and Lisbon.

Royal Caribbean have week-long sailings from Southampton which stop at Bilbao, Lisbon and Vigo, before returning to Southampton.

Prices start from £743pp.

Eurostar train to Lille and Paris

Why not have a two city break with Eurostar, stopping at both of their French cities.

The closest city to the UK by train is Lille, taking less than two hours to get to.

You could then hope on a train the next day to explore Paris, just one stop over.

Prices from £39pp.

You could do Lille and Paris in one weekend via train, thanks to Eurostar Credit: Alamy

Eurostar train to Amsterdam and Rotterdam

In a similar vein of Paris and Lille, Eurostar also have direct trains to Amsterdam and Rotterdam.

They take slightly longer – Rotterdam is around 3hr15 while Amsterdam is just over four hours – but can easily make for a long weekend break.

Prices from £39pp.

Eurotunnel to French seaside towns

The Eurotunnel in Folkestone opens up all of Europe as long as you’re happy to travel by car.

Entering via Calais, why not explore some of France‘s best seaside towns such as Boulogne-sur-Mer and picturesque Wimereux?

Prices from £59pp.

Eurostar runs to a number of cities by train such as Amsterdam as well Credit: Alamy
The Eurotunnel is perfect for exploring the French seaside towns by car Credit: Alamy

35 days around Caribbean by cruise

If you have the time, you could explore the Caribbean for a month without having to get on a flight.

P&O will take you to St Kitts, Barbados, Grenada, St Lucia, Antigua and Barbuda, while sailing from Southampton – it even includes all your food and tips.

Prices from £2,999pp.

Seven nights around Norwegian Fjords by cruise

Also sailing from Southampton, the Celebrity Cruises trip lets you go around some of the beautiful fjords.

Stops include Haugesund, Ålesund, Nordfjordeid and Zeebrugge.

Prices start from £1,156ppbook here.

You can go on month-long cruises to the Caribbean as well Credit: Alamy
One 35-day trip takes you everywhere from Barbados to Antigua Credit: Alamy

Eurostar train to Brussels

You can even get to the the city of Brussels in Belgium by train as well, thanks to direct Eurostar routes.

It makes for a great summer holiday destination – or you can book in your Christmas Market trip now.

Prices from £39pp.

17 nights around Italian Riviera

Sail from Southampton with Fred Olsen and you could explore the Riviera in Italy, with stops in Portofino and La Spezia.

It even includes a stop in Monterosso for the annual Lemon Festival.

From £4,199ppbook here.

Why not explore the Italian coastline by cruise too? Credit: Alamy

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South Korea fuel prices rise for third straight week

Gasoline and diesel fuel prices are displayed on a screen inside a gas station in Seoul, South Korea, 19 April 2026. The average gasoline price in the country rose 0.42 won (0.0003 US dollar) from a day earlier to 2,001.93 won per liter on the same day, according to data from Korea National Oil Corp. Photo by YONHAP / EPA

April 18 (Asia Today) — Average gasoline and diesel prices at South Korean gas stations rose for a third straight week, putting both fuels on the verge of topping 2,000 won per liter.

The average nationwide gasoline price for April 12-18 stood at 1,996.3 won per liter, or about $1.36 a liter and $5.15 a gallon. That was up 28.7 won from 1,967.6 won a week earlier. Diesel averaged 1,990.2 won per liter, or about $1.36 a liter and $5.13 a gallon, up 31.1 won from the previous week.

With both fuels nearing the 2,000 won threshold, the government is set to announce its fourth maximum-price notice on Thursday. The current system partially reflects changes in global oil prices while slowing the pace of retail price increases.

By brand, SK Energy had the highest gasoline price at 2,001.8 won per liter, or about $5.16 a gallon, while self-service budget stations were the cheapest at 1,974.7 won. For diesel, SK Energy was also the highest at 1,995.2 won per liter, while budget stations posted the lowest average at 1,966.1 won.

By region, Jeju had the country’s highest average gasoline price this week at 2,029 won per liter, or about $5.23 a gallon. Seoul followed at 2,026.7 won, or about $5.23 a gallon.

International oil prices have recently eased on expectations that the conflict involving the United States and Iran could wind down. Dubai crude, the benchmark for South Korea’s imported oil, stood at $101.8 a barrel on Wednesday, down $4.7 from $106.5 on Sunday. Changes in global oil prices usually reach domestic pump prices with a two- to three-week lag.

— 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=20260418010005586

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Corporate loan delinquencies rise faster than household debt

An AI-generated image illustrating banking sector risk. Generated by Asia Today

April 17 (Asia Today) — Corporate loan delinquency rates in South Korea are rising three times faster than household debt, increasing pressure on banks as lending expands, financial data showed Thursday.

According to the Financial Supervisory Service, the delinquency rate on corporate loans at domestic banks reached 0.76% at the end of February, up 0.09 percentage points from a month earlier and 0.08 points from a year earlier.

By comparison, the household loan delinquency rate rose 0.03 percentage points from the previous month to 0.45%, highlighting a much steeper increase in corporate defaults.

The corporate delinquency rate marked its highest level in nine months. Small and medium-sized enterprises recorded a rate of 0.92%, with small corporations at 1.02% and sole proprietors at 0.78%, indicating rising stress across the sector.

Delinquency rates among large corporations also increased, reaching 0.19% – the highest level in 28 months – suggesting that financial strain is spreading beyond smaller firms.

The trend comes as banks expand corporate lending under policies aimed at boosting “productive financing.” Outstanding corporate loans at the country’s five major commercial banks totaled about 859.8 trillion won ($573 billion) as of the end of March, up roughly 15.0 trillion won ($10 billion) in three months.

Loans to small and medium-sized enterprises accounted for about 79% of the total, while large corporate loans made up about 21%.

Regulators said rising delinquencies are most pronounced among smaller firms but warned that broader economic uncertainty could push default risks higher across the corporate sector.

Banks are responding by tightening risk management while maintaining lending growth. Major lenders are strengthening oversight from initial loan screening to post-loan monitoring, using systems such as early warning tools and AI-based credit assessments to identify high-risk borrowers.

Industry officials said the combination of expanding corporate lending and rising delinquency rates is rapidly increasing the burden on banks to maintain asset quality.

— 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=20260417010005508

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Powerful California institutions backed Swalwell’s rise. Now they’re facing questions

Before it all came crashing down, Eric Swalwell appeared on the cusp of rising to the top of the Democratic field in the California governor’s race.

Swalwell had just announced a statewide tour and aired his first ad. The former prosecutor and Dublin city councilman launched his campaign on “Jimmy Kimmel Live!” in November, a comfortable setting for a politician who’d built a national reputation by appearing on cable news shows to attack President Trump.

Influential forces in Sacramento had begun coalescing behind the then-Bay Area congressman, including some consultants and advisors close to Gov. Gavin Newsom. Newsom hasn’t endorsed, but his associates’ involvement lent credibility to Swalwell.

Swalwell’s campaign quickly collapsed with the explosive allegations that he sexually assaulted a former staffer and had acted inappropriately with other women who were just beginning political careers. Swalwell denies the allegations but dropped out of the race for governor and resigned his seat in the House.

The whiplash over Swalwell’s rapid rise and fall has Democratic leaders facing questions about whether they had a blind spot about his alleged behavior.

His onetime allies in Congress are being asked whether they knew about his conduct, which has been described as an open secret on Capitol Hill. Unions who backed Swalwell have fled, and political consultants are returning donations.

A woman holds and speaks into a microphone.

Lorena Gonzalez, president of the California Federation of Labor Unions, speaks to Kaiser Permanente nurses and healthcare workers at the Kaiser Permanente Zion Medical Center in San Diego on Jan. 26.

(K.C. Alfred / San Diego Union-Tribune via Getty Images)

California Federation of Labor Unions President Lorena Gonzalez, whose group endorsed Swalwell and three others in the race, said she confronted Swalwell more than a month ago after hearing rumors about womanizing and illicit photos.

“He’s a liar,” Gonzalez said. “He’s just a very skillful politician who did not tell the truth even when asked directly.”

Though he was little known in much of California, Swalwell, 45, was a youthful and fresh face in a field of candidates, many of them veteran politicians, when he entered the contest.

A little more than a week ago, his campaign was on an upward trajectory. His first statewide ad emphasized his hometown roots and concerns faced by Californians, including rising costs at his favorite doughnut shop in his hometown of Dublin. He rolled out new endorsements from state and federal elected officials almost daily.

Former and current advisors close to Newsom were also helping Swalwell’s campaign, multiple sources told The Times. Others associated with the governor are also helping rival candidates.

“He’s a liar. He’s just a very skillful politician who did not tell the truth, even when asked directly.”

— California Labor Federation president Lorena Gonzalez

Other Democrats in the race said the warnings about Swalwell should have been investigated more thoroughly by the powerful California politicians and interest groups that backed him.

Antonio Villaraigosa, the former mayor of Los Angeles, called him a “flash in the pan” — someone who lacked substance.

“People thought just because he was popular on TV that maybe he had been vetted,” Villaraigosa said. “He had not been vetted.”

A seated woman links toward a man seated next to her.

Gubernatorial candidates Katie Porter and Antonio Villaraigosa share a moment while participating in a candidate forum in Los Angeles on Jan. 10.

(Christina House / Los Angeles Times)

Swalwell’s entrance into the race last fall came at a time when elected officials and leaders of powerful interest groups in Sacramento were unimpressed by the field, particularly after big-name Democrats including former Vice President Kamala Harris, Sen. Alex Padilla and state Atty. Gen. Rob Bonta had passed on running.

Steven Maviglio, a Sacramento-based Democratic consultant, said there was pressure to find the “perfect candidate” for the state’s most powerful office.

“Democrats are looking for a fighter against Trump, and he fit the bill,” Maviglio said. “That was enough for most people.”

As with most members of California’s congressional delegation, Swalwell was an unfamiliar figure to many Californians living outside his Alameda County district, even though he had a lighthearted, robust presence on social media.

He’d never held statewide office when he was elected to Congress after a career that included serving on the Dublin City Council and working as a criminal prosecutor for Alameda County.

But he appeared to be close to former House Speaker Nancy Pelosi (D-San Francisco), who selected him to be an impeachment manager for the case against President Trump in 2021.

A woman speaks into microphones at a lectern.

Former House Speaker Nancy Pelosi (D-Calif.) addresses the crowd at the California Democratic Party State Convention in San Francisco on Feb. 21, 2026.

(Christina House/Los Angeles Times)

At a forum in Washington this week, Rep. Pelosi rejected suggestions that Democrats looked past the accusations.

“None whatsoever,” she said, when asked what allegations she’d heard about.

Sen. Adam Schiff (D-Calif.), who previously worked alongside Swalwell on the House Judiciary Committee and endorsed him, said on MS NOW that he felt betrayed and “sickened” by the allegations.

“My paramount feeling is that I’m grateful these women came forward,” Schiff said. “I’m grateful that they did so when they did — it prevented our state from making a potentially terrible mistake.”

Sara Azari, an attorney for Swalwell, said in a statement that he denies all of the allegations of sexual misconduct and assault and will pursue “every legal remedy” against those making the claims.

“These accusations are false, fabricated and deeply offensive — a calculated and transparent political hit job designed to destroy the reputation of a man who has spent twenty years in public service,” Azari said.

A  woman standing behind a seated woman points to a picture of a woman and a man.

Attorney Lisa Bloom reaches toward a photo at a news conference where Lonna Drewes, left, is seen with former Rep. Eric Swalwell, at a news briefing in Beverly Hills on Tuesday. Drewes detailed a 2018 encounter in which she claimed Swalwell drugged and sexually assaulted her after offering professional mentorship.

(Myung J Chun/Los Angeles Times)

On Tuesday, Lonna Drewes accused Swalwell of drugging and raping her in 2018 while she worked as a model, an allegation now being investigated by the Los Angeles County Sheriff’s Department.

Azari, in an interview on NewsNation, said of Drewes’ allegation: “Two adults consenting, which is our position is, is not against the law.”

California Democratic Party Chairman Rusty Hicks declined to answer questions this week about whether the scandal hurts the party’s credibility, saying only that the allegations are “clear for voters: [Swalwell] is not a suitable choice.”

In an interview with The Times, Hicks said the party relies on delegates to vet candidates before endorsement votes at the party convention. While no gubernatorial candidate reached the necessary level of support to earn the endorsement at the February gathering, Swalwell had the largest share with 24%.

Gonzalez, of the labor federation, said she called Swalwell in the first week of March after being contacted by several people about his sexually inappropriate behavior.

She described the awkward conversation — and his immediate denials. None of it was true, he said. If there was anything sordid to find in his past, it would have been dug up by Trump and conservatives who went after him when he was helping to try and impeach the president, he said.

At the union group’s endorsement meeting, members grilled Swalwell about several issues, including his claimed residency in Livermore, his involvement with a nonunion film production, and his ability to manage his own finances.

The issue of inappropriate sexual behavior never came up at the endorsement, Gonzalez said.

“We were in a position, like so many, of trying to figure out who this guy was with all these red flags, but being told by a lot of surrogates that they were his choice — whether it’s people in Congress or folks who knew him from home,” Gonzalez said.

Other institutional players also threw in their support. The California Medical Assn. endorsed Swalwell early in February. The group represents more than 50,000 physicians in the state and spends heavily in elections.

“It definitely was a nod that that’s where the establishment should head,” Maviglio said.

California Medical Assn. spokesperson Erin Mellon said the group met with candidates and backed Swalwell “based on the information available to us” at the time.

Behind the scenes, Swalwell was courting attention. He began hanging out at the Grange, a favorite hotel bar in Sacramento for state lawmakers and lobbyists, trying to make connections, according to a source who ran into him there.

Months earlier, he sent a text to a California political consultant with questions about who should help his campaign. He asked about the well-known firm of Bearstar Strategies, according to the text exchange, which was viewed by The Times.

Swalwell texted, “would you recommend having our IE go to them?” to the consultant, a reference to an “independent expenditure,” which is an outside committee that raises money in support of candidates but is barred from coordinating with their campaigns.

Bearstar Strategies ultimately launched an independent committee to support Swalwell, which in recent weeks raised more than $7 million from political action committees for the California Medical Assn., DaVita and other medical industry groups, as well as Uber.

A standing man shakes hands with a seated man.

Antonio Villaraigosa, left, shakes hands with Tom Steyer during a gubernatorial candidate forum in Sacramento on April 14, 2026.

(Godofredo A. Vásquez / Associated Press)

Bearstar Strategies, whose members have long advised Newsom, also provides media consultants for a committee running attack advertisements against environmentalist Tom Steyer, another candidate in the race. Swalwell would have benefited from the committee’s spending.

Jim DeBoo, a consultant and Newsom’s former chief of staff, is helping on the anti-Steyer committee, according to multiple sources, which has raised $14 million from real estate agents’ and utility industry groups. DeBoo didn’t respond to a request for comment, and a representative for Bearstar declined a request for an interview.

No one has claimed that any of those consultants or individuals knew about Swalwell’s alleged behavior. Bearstar Strategies said in a statement last week that it had suspended all activity on Swalwell’s independent expenditure.

Jamie Court, president of the nonprofit Consumer Watchdog, said institutional groups backed Swalwell because they thought he could win and they wanted to maintain the status quo in Sacramento.

“They picked the wrong guy,” Court said.

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Alcoa anticipates $135M 2026 interest expense while environmental and ARO payments rise to about $360M (NYSE:AA)

Earnings Call Insights: Alcoa Corporation (AA) Q1 2026

Management View

  • “We had a strong start to 2026, driven by execution, and we are well positioned to deliver a strong second quarter and full year 2026 performance,” said William Oplinger (President, CEO & Director), while also pointing to continuity

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