top news

Iranian state media says two missiles have struck a US navy destroyer to prevent it entering the Strait of Hormuz after the warship ignored warnings to halt. The attack comes after US President Donald Trump announced a naval mission to ‘guide’ stranded ships through the strait.

South Korean stocks shot up by more than 5 percent to close at a fresh high Monday, approaching the 7,000-point mark, as investors scooped up semiconductor shares while awaiting developments in U.S.-Iran peace talks. The Korean won rose sharply against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) added 338.12 points, or 5.12 percent, to a fresh record high of 6,936.99.

Trade volume was heavy at 864.3 million shares worth 41.3 trillion won (US$28.2 billion), with losers outnumbering winners 473 to 392.

Foreigners bought 3 trillion won worth of local shares, and institutions purchased a net 1.9 trillion won, while retail investors dumped a net 4.8 trillion won.

The index opened 2.79 percent higher after U.S. President Donald Trump announced a plan to guide ships not involved in the Iran conflict through the Strait of Hormuz as a “humanitarian gesture” starting this week.

Later, a senior Iranian official warned that Tehran would consider any U.S. interference in the strait a ceasefire breach.

However, the KOSPI extended its gains in the afternoon, supported by foreign and institutional buying.

“Tech shares were driven by gains on Wall Street over the weekend,” Lee Kyung-min, an analyst at Daishin Securities, said. “Also, foreign investors expanded their net purchase ahead of the market closure for Children’s Day on Tuesday.”

The main index surpassed the 5,000-point mark in late January and topped another milestone of the 6,000-point level in February.

After recouping its losses in March following the outbreak of the U.S.-Iran war in late February, the KOSPI is now approaching the uncharted 7,000-point level on continued optimism over the AI boom and hopes for the reopening of the key waterway.

Semiconductor stocks led the rally.

Chip giant Samsung Electronics jumped 5.44 percent to 232,500 won, and its chipmaking rival SK hynix surged 12.52 percent to a fresh record high of 1.4 million won, surpassing 10 trillion won in market capitalization for the first time.

Hanmi Semiconductor, a chip equipment manufacturer, rose 2.72 percent to 378,000 won, and Samsung Electro-Mechanics, an electronic components affiliate of Samsung Electronics Co., soared 10.34 percent to 918,000 won.

Defense shares were also strong as industry leader Hanwha Aerospace advanced 3.39 percent to 1.4 million won and LIG D&A gained 4.46 percent to 983,000 won.

Top carmaker Hyundai Motor climbed 1.51 percent to 539,000 won, and leading battery maker LG Energy Solution increased 2.5 percent to 472,000 won.

However, bio shares went south as Celltrion fell 1.35 percent to 197,800 won, and Samsung Biologics dropped 2.58 percent to 1.4 million won.

The Korean won was quoted at 1,462.8 won against the U.S. dollar at 3:30 p.m., up 20.5 won from the previous session.

The quotation marks the highest since February 27, when the currency closed at 1,439.7 to the greenback.

Bond prices, which move inversely to yields, closed lower. The yield on three-year Treasurys added 2 basis points to 3.615 percent, while the return on the benchmark five-year government bonds gained 1.7 basis points to 3.797 percent.

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.

May 4 (UPI) — An oil tanker was struck late Sunday near the Strait of Hormuz, the second attack on a vessel in the Persian Gulf in about eight hours.

The United Kingdom Maritime Trade Operations said in a statement that it received a report of a tanker being hit by unknown projectiles as the vessel was about 78 nautical miles north of Fujairah, United Arab Emirates, near the northern tip of Oman’s Musandam Peninsula by the Strait of Hormuz.

The attack occurred at about 11:40 p.m. local time, it said, adding that all crew were safe and there was no environmental impact from the strike.

The tanker was not identified.

The oil tanker was struck a little more than eight hours after a bulk carrier was attacked by “multiple small craft” in the same region.

The UKMTO said the unidentified bulk carrier was attacked Sunday afternoon about 11 nautical miles west of Sirik, Iran. All crew were reported safe.

The agency is advising vessels to transit the Strait of Hormuz with caution.

The maritime security threat level in the strait remains critical as the United States is enforcing a blockade of Iranian ports in response to Iran restricting which vessels can transit the strait.

The attacks come as U.S. President Donald Trump on Sunday vowed to “free” cargo ships trapped in the Persian Gulf since the U.S.-Israel war against Iran began on Feb. 28.

In his Truth Social post, Trump said Project Freedom would begin Monday with the goal of helping ships sailing under neutral flags navigate the strait. Few specifics on how the operation will work were given.

More than two dozen vessels have reportedly been attacked in the strait since the war began.

May 4 (UPI) — A shooting erupted at a lake party in the Oklahoma City suburb of Edmond on Sunday night, according to police, who said at least 10 people were transported to area hospitals though the number of victims was expected to change.

Multiple law enforcement agencies responded to a party by Lake Arcadia following reports of shots fired just after 9 p.m. CDT and found several victims.

Ten people were transported to local hospitals in various conditions, Edmond Police Department spokesperson Emily Ward told reporters during a press conference, but she said the number was expected to increase as additional victims arrived at the hospitals in personal vehicles.

“At this time, I don’t have a condition on anyone as far as fatality or not,” she said.

No suspects were in police custody, and authorities were asking members of the public with information about the shooting to contact them, she said.

“This is obviously a very terrifying situation, and we understand the concern from the public and those involved, and we are working extremely hard to find the suspects and help these victims,” she said.

Investigators were at the scene and taking statements from victims and witnesses across the metro area, according to police.

“So that’s what we’ll be doing in these next multiple hours,” Ward added.

Little information about the shooting was made public.

Ward did not describe the party at the lake nor those who attended it, other than to say it was “a large group of young people.”

The man-made Arcadia Lake is located on the Deep Fork River in Edmond, an Oklahoma City suburb of about 99,000 people, according to the U.S. Census Bureau.

Naegohyang FC will play the South’s Suwon FC on May 20 in the semifinal of the Women’s Asian Champions League.

A North Korean women’s football club will become the first sports team from the country to play in South Korea since 2018 when they visit this month, Seoul’s Ministry of Unification has confirmed.

The neighbours remain technically at war after their 1950-53 conflict ended in an armistice rather than a peace treaty, and sporting and cultural exchanges between them are very rare.

Naegohyang Women’s FC will play the South’s Suwon FC Women on May 20 in the semifinals of the Asian Champions League.

The visiting delegation will include 27 players and 12 club staff, the ministry said on Monday. South Korea’s football association told the AFP news agency that the team would arrive on May 17.

They will fly into Incheon airport on an Air China flight from Beijing, a Unification Ministry official said.

The winner of the match at Suwon Sports Complex, south of the capital Seoul, will play the final of Asia’s top women’s club competition against either Australia’s Melbourne City or Japan’s Tokyo Verdy Beleza on May 23.

“The losing team in the semifinal will return home on Thursday, May 21, with no third-place playoff scheduled,” the ministry statement added.

The match will be the first time a North Korean sports team has played in the South since shooting, youth football and table tennis delegations travelled there in 2018.

The last time Pyongyang sent a women’s football team to the South was in 2014, when the North Korean national team took part in the Asian Games in Incheon.

Founded in 2012 and based in the North Korean capital, much of Naegohyang’s squad is “made up of national team-level players”, the ministry said.

North Korea’s national team is one of the dominant forces in Asian women’s football, winning multiple international titles in recent years, especially at the youth level.

The most recent one came in November last year, when they defeated the Netherlands 3-0 in the final of the U-17 Women’s World Cup.

Inter Milan win their 21st Scudetto, edging Napoli, with three matches remaining in the Italian football league season.

Celebrations have erupted across Milan after Inter clinched the Serie A title with a 2-0 victory over Parma, sending thousands of supporters into the streets.

The Piazza del Duomo was filled with fans clad in blue and black on Sunday, moments after the final whistle at the nearby San Siro, as flares and fireworks lit up the night sky.

Marcus Thuram opened the scoring in first-half stoppage time before Henrikh Mkhitaryan sealed the win 10 minutes from time. The winners moved up to 82 points and clinched their 21st Scudetto with three matches remaining in the campaign.

Inter entered the match knowing a point would be enough after second-placed Napoli were held to a 0-0 draw at Como on Saturday, and their own result the next day handed them an unbeatable 12-point lead at the top.

Despite the scarcity of clear-cut chances, Inter controlled much of the first half and established themselves deep in the Parma half.

The hosts came close in the 25th minute when a powerful close-range shot from Nicolo Barella struck the underside of the bar. The rebound then hit Parma goalkeeper Zion Suzuki on the back, but the Japan international reacted quickly to tip the ball away from near the line and out of danger.

Thuram sparked a frenzy among the home supporters in first-half stoppage time, slotting home after being found unmarked by a Piotr Zielinski through ball to put Inter ahead.

The second half followed a similar pattern with Inter remaining in control but failing to capitalise on their dominance as supporters inside the stadium grew increasingly focused on the clock ticking to 90 minutes.

Federico Dimarco delivered a near-perfect cross to Denzel Dumfries in the closing stages, but the defender failed to control his first touch, sending the close-range effort high over the bar and missing the chance to seal the match.

Mkhitaryan sealed the victory 10 minutes from time, tapping in a low cross from Lautaro Martinez to secure the points and spark title celebrations among Inter supporters.

For Inter, the triumph offered redemption after the heartbreak of last season when the club lost the Serie A title on the last match day before a 5-0 thrashing by Paris Saint-Germain in the Champions League final.

“We feel so happy now. It was not easy to start again after a season where we lost all the competitions we were in right at the end, but I am very happy today with this achievement,” Martinez said.

“It was a very important objective for us, perhaps many didn’t see us being favourites considering what happened last term, but we worked so hard on and off the field.”

The atmosphere in the Italian metropolis stood in stark contrast to a year ago when supporters faced the combined heartbreak of losing the league title to Napoli on the final day and suffering defeat in the Champions League final.

“I have no words. In spite of everyone who jinxed us from start to finish. Go Inter, always,” Inter fan Fabio said. “Wonderful. Amazing. And compared to how it ended last year, this year we deserve everything.”

Many supporters were seen in tears at the celebrations.

“It was more than deserved. It was a difficult league season at the start because it was always there, neck and neck,” fellow Inter fan Federico said.

The festivities are expected to continue ahead of the Coppa Italia final on May 13 when Lazio stand in the way of a domestic double for Inter.

Two activists from the Global Sumud Flotilla arrived in the Netherlands after being released from Israeli custody. The flotilla was intercepted in international waters while carrying aid to the Gaza Strip. Two of their fellow activists remain in Israel for questioning.

May 3 (UPI) — Former New York Mayor Rudy Giuliani has been hospitalized and is in critical condition, his spokesman said Sunday.

Giuliani “is currently in the hospital, where he remains in critical but stable condition,” Ted Goodman said in a statement.

“Mayor Giuliani is a fighter who has faced every challenge in his life with unwavering strength, and he’s fighting with that same strength now. We do ask that you join us in prayer for America’s Mayor Rudy Giuliani.”

Goodman did not say why Giuliani, 81, was hospitalized.

The former mayor’s condition was also noted by President Donald Trump, who wrote on his Truth Social platform, “True Warrior, and the Best Mayor in the History of New York City, BY FAR.”

Trump also took the occasion to praise his political ally and former lawyer, who served as one of the key figures in the president’s baseless campaign attacking the results of his 2020 election loss to Joe Biden as “rigged.”

“They cheated on the Elections, fabricated hundreds of stories, did anything possible to destroy our Nation, and now, look at Rudy. So sad!” Trump wrote.

Trump in November pardoned Giuliani and 76 others tied to his efforts to overturn the 2020 election, including participation in what has become known as the fake electors scheme. The strategy involved the creation of false slates of pro-Trump electors in every battleground state that he lost to Biden, including Georgia.

The former mayor’s championing of Trump’s claims also resulted in his own financial troubles.

In September, he reached a confidential settlement with Dominion Voting Systems, which had filed a $1.3 billion defamation lawsuit against him for his allegations the company rigged the 2020 presidential election.

Giuliani was previously disbarred as a lawyer in New York and Washington, D.C.

May 3 (UPI) — Enforcement actions carried out by masked U.S. immigration agents triggered an hours-long stand-off and angry protest at a New York City hospital late Saturday, resulting in eight arrests, police officials say.

Crowds gathered outside of Wyckoff Heights Medical Center in Brooklyn, N.Y., around 10 p.m. EDT after images spread online of a man arrested earlier that evening by Immigration and Customs Enforcement and brought to the hospital for treatment of injuries, witnesses told WPIX-TV.

Hospital patients reported they had seen a handcuffed Black man surrounded by ICE agents inside the facility, prompting a crowd estimated at around 200 or more people to gather outside the hospital.

Videos showed scenes of chaos as agitated protesters milled about, throwing garbage containers and fighting with New York Police Department officers as pepper spray is dispersed.

Around 2 a.m., ICE agents were seen dragging a man in handcuffs along the street near the entrance to Wyckoff Hospital while carrying a large canister of what appeared to be pepper spray, amNY reported.

The Department of Homeland Security on Sunday issued a statement to media outlets identifying the arrested man as Chidozie Wilson Okeke, a Nigerian immigrant who had allegedly overstayed his visa and had previous arrests for assault and criminal drug possession.

The DHS said Okeke has requested medical treatment after agents had used force during his arrest.

NYPD officials said eight people were arrested during the melee, adding that they did not assist ICE in the arrest, in keeping with New York’s sanctuary city policies, and responded after receiving multiple emergency calls of people blocking entrances to the hospital.

“People tried to stop the vehicles from leaving,” New York City Councilwoman Sandy Nurse told The New York Times. “That’s when the police arrived, and then it was essentially a standoff for five or six hours, because more and more people showed up from the neighborhood to try to keep that individual from being taken.”

May 3 (UPI) — A United Airlines jet struck a light pole while approaching Newark Liberty International Airport on Sunday afternoon, damaging a vehicle traveling on the New Jersey Turnpike, officials said.

United Airlines Flight 169 from Venice, Italy, was on final approach to Newark’s Runway 29 at about 2 p.m. EDT when “the aircraft struck an object over the southbound New Jersey Turnpike, causing damage to a light post and tractor-trailer traveling south on the NJ Turnpike,” the Port Authority Police Department told UPI in an emailed statement.

The driver of the tractor-trailer was taken to the hospital with minor injuries and has been released, the police department said, adding that “minor damage to the aircraft was observed.”

United told UPI that the aircraft, a Boeing 767-400 with 221 passengers and 10 crew onboard, “landed safely, taxied to the gate normally and no passengers or crew were injured.”

“Our maintenance team is evaluating damage to the aircraft,” the carrier said, adding that it will conduct a “rigorous flight safety investigation” into the incident.

“Our crew has been removed from service as part of the process.”

The runway was back to normal operations following an inspection for debris, according to authorities.

The National Transportation Safety Board will lead the federal investigation into the incident, with one of its investigators expected to arrive in Newark on Monday, the agency said in a statement.

United Airlines has been directed to secure and provide both the cockpit voice recorder and flight data recorder to the NTSB as part of its investigation, with a preliminary report expected within 30 days.

New Jersey Gov. Mikie Sherrill said she has been briefed on the incident.

“I’m grateful the aircraft landed safely, and all passengers and crew are unharmed,” she said in a social media statement.

“United is investigating how this occurred.”

Tens of thousands of partygoers gathered for an illegal “free party” at a military firing range near Bourges, despite warnings about unexploded World War II ordnance. Authorities warned of serious risks, while organisers said the event was attended by 40,000 to protest against proposed laws targeting unregistered raves.

Three of six passengers who fell ill from suspected rodent-transmitted virus have died, and one is in intensive care, the WHO says.

Three people have died on a cruise ship in the Atlantic, with at least one confirmed to have suffered from hantavirus, a rare disease transmitted to humans from rodents.

Health authorities are now investigating a suspected outbreak of the virus on the MV Hondius, which is sailing from Ushuaia in Argentina to Cape Verde.

In a statement on Sunday, the World Health Organization said that one case had been confirmed and at least five other passengers were suspected of being infected.

“Of the six affected individuals, three have died, and one is currently in intensive care in South Africa,” WHO said in a statement.

“Detailed investigations are ongoing, including further laboratory testing and epidemiological investigations. Medical care and support are being provided to passengers and crew. Sequencing of the virus is also ongoing.”

WHO added that it was “facilitating coordination” between countries to evacuate the two other passengers showing symptoms of the infection.

Hantavirus, a rare disease transmitted to humans through the droppings or urine of infected rodents, can be fatal in severe cases and cause hemorrhagic fever.

Infected couple among casualties

South Africa’s National Department of Health said earlier on Sunday that there had been an outbreak of a “severe acute respiratory illness”, which had killed at least two people, and that a third person was in intensive care in Johannesburg, according to the AFP news agency.

The ministry’s spokesperson, Foster Mohale, confirmed that the patient being treated in Johannesburg tested positive for hantavirus.

A 70-year-old was the first to develop symptoms. He died on the ship, with his body now being held on the island of Saint Helena, a British territory in the South Atlantic, the spokesman said.

The patient’s 69-year-old wife also fell sick and was evacuated to South Africa, where she died in a Johannesburg hospital, he added.

Mohale told AFP that authorities have not confirmed the nationalities of the deceased. But the person in intensive care was reported by AFP to be a 69-year-old Briton.

May 3 (Asia Today) — Japan and Vietnam agreed to deepen cooperation across key economic security sectors, including energy, critical minerals, semiconductors, artificial intelligence and space, as Tokyo seeks to strengthen supply chains and reduce reliance on China.

Prime Minister Sanae Takaichi met with Vietnam’s top leadership, including Communist Party General Secretary and President To Lam and Prime Minister Le Minh Hung, during her visit to Hanoi. After the meetings, she said both countries had designated economic security as a top priority in bilateral cooperation.

According to Vietnamese media and Reuters, the two countries agreed Saturday to elevate their comprehensive strategic partnership and signed six memorandums of understanding covering technology, climate response and information and communications.

Energy cooperation at the forefront

A key outcome was in energy. Vietnam said Japan will support crude oil supplies to the Nghi Son refinery through a $10 billion “Power Asia” initiative aimed at strengthening energy resilience in the region.

The program, introduced by Takaichi last month, is designed to help Southeast Asian countries affected by disruptions in the Strait of Hormuz by supporting oil procurement, storage and supply chain resilience.

Japan’s Idemitsu Kosan has already decided to send about 4 million barrels of crude oil to Vietnam via routes that bypass the Strait of Hormuz. The shipment, equivalent to about 10 days of refinery operations, followed a request from Vietnam earlier this year.

Strategic message on China

In a speech at Vietnam National University, Takaichi emphasized the risks of overdependence on a single country for critical supplies, a remark widely interpreted as targeting China.

“Overreliance on one country often stems from abnormally low prices,” she said, calling for a “level playing field” in global trade.

She also stressed that regional supply chains depend on secure and open sea lanes, referencing both the Strait of Hormuz and the South China Sea.

The speech reaffirmed Japan’s vision of a “free and open Indo-Pacific,” a framework originally proposed by former Prime Minister Shinzo Abe and now updated for what Takaichi described as a more challenging global environment.

Expanding cooperation in critical minerals

The two countries also agreed to expand cooperation on critical minerals, as Japan seeks to diversify supply chains heavily dependent on China.

Vietnam holds significant reserves of rare earth elements and gallium but lacks refining capacity, leaving it reliant on Chinese processing. Strengthened cooperation could help Japan secure alternative supply sources.

Japan remains one of Vietnam’s largest economic partners, with bilateral trade exceeding $50 billion last year. It is also Vietnam’s largest provider of official development assistance.

Takaichi highlighted Vietnam’s growing role in global manufacturing, citing production of Apple AirPods and Nintendo Switch devices, as part of efforts to encourage renewed Japanese investment.

She is scheduled to travel to Australia next, where she will meet Prime Minister Anthony Albanese to mark the 50th anniversary of bilateral relations and upgrade ties to a “special strategic partnership.”

— 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=20260503010000231

May 2 (Asia Today) — China has begun tightening regulations on its fast-growing drone industry, prompting concerns that the government may be undermining one of its most competitive global sectors.

Recent reports from Chinese media outlets, including the New Beijing News, indicate that China holds a commanding position in the global drone market, with an estimated market share of at least 70%. Industry leader DJI dominates both domestic and international markets, facing limited competition even as Taiwan makes inroads in Europe.

Despite this strong position, new regulations took effect Thursday in Beijing, effectively designating much of the capital as a no-drone zone. Under the new municipal ordinance on unmanned aerial vehicle management, the transport, sale, rental and operation of drones within the city have been broadly restricted.

The measures have already led to store closures. DJI flagship outlets in areas such as the 798 Art District in Beijing’s Chaoyang district have shut down, in some cases under pressure from authorities.

Officials say the move reflects growing concerns over national security and public safety, as drones are increasingly viewed as potential threats in sensitive areas. Beijing has previously imposed temporary flight bans on low, slow and small aerial objects during major political events, a policy that now appears to be expanding into a more permanent framework.

Analysts say the Beijing regulations could serve as a model for broader nationwide controls. If expanded, such measures may significantly weaken China’s dominance in the global drone industry and could even erode its competitive edge.

Industry insiders have expressed concern that excessive regulation could harm a key growth sector, with some privately warning that China risks damaging its own technological leadership.

— 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=20260502010000045

May 3 (UPI) — Oil exports from the United States have increased by more than 30% the U.S.-Israeli war in Iran started and the Strait of Hormuz was blockaded in response.

The Port of Corpus Christie has overtaken the ports in Saudi Arabia and Iraq in the last few weeks as the two Persian Gulf ports have been cut off from the rest of the world since the Strait has been blockaded.

Over the past two months, the United States has sold more than 250 million barrels of oil to foreign buyers as exports have increased by 30%, from 3.9 million barrels per day in February to 5.2 million barrels per day in April, Bloomberg and CNBC reported.

Experts have warned, however, that domestic oil inventories are depleting stockpiles and there is a question of how long the country will be able to continue replacing oil on the market that is stuck in the Strait.

Although selling oil is good for business, oil producers are struggling to keep up with the demand and it is possible that selling so much could have an add-on effect of pushing gas prices for American consumers even higher than they have gone since the war started.

“Ships are coming to take our oil, but once significant volumes of are leaving the United States, it can be expected that balances will tighten,” Clayton Seigle, senior fellow at the Center for Strategic and International Studies, told Bloomberg.

“We are digging ourselves a hole in terms of spending down inventories,” he said.

Roughly 20% of global oil supplies pass through the Strait of Hormuz and Iran’s shutting of it has caused gas and fuel prices to skyrocket over the last two months, including massive effects on the airline industry, which has seen seen the price of jet fuel double since before the war.

Oil from the United States, Latin America and West Africa could for a short time be a substitute for Middle Eastern oil for countries in Asia, which has been hurt the most, but it is not ideal, Matt Smith, director of commodity research at Kpler, told CNBC.

“Asian markets are buying whatever they can get their hands on, so they’re taking a lot of light sweet [American] crude [oil],” Smith said, but their refineries are optimized for the heavier oil produced in the Middle East.

“It’a hole that can’t be plugged,” Smith told CNBC. “The answer has to be ensuring secure supply from the Middle East.”

[kicker]

May 3 (UPI) — Iran said on Sunday that it is reviewing the United States’ response to its most recent peace proposal, a 14-point plan that was reviewed by President Donald Trump on Saturday night.

The response was delivered to Iranian negotiators on Sunday, Iranian state media outlets PressTV and Tasnim reported, with officials clarifying some reports on the plan they said have been incorrect.

The 14-point plan is entirely focused on bringing an end to the two-month-old conflict, with no provisions about nuclear materials or other weapons, Esmaeil Baghaei, spokesperson for Iran’s foreign ministry, said in an interview.

When asked about Iran’s new plan on Saturday, Trump expressed doubt that it would meet U.S. requirements but said that he would be reviewing its exact language last night.

“The plan we have presented is centered on ending the war,” Baghaei said. “There are absolutely no details regarding the country’s nuclear issues in this proposal.”

The basics of Iran’s proposal are focused on ending hostilities and then opening a 30-day period for intense negotiation of other issues, including the withdrawal of U.S. military forces from areas around the country, lifting the U.S. naval blockade and ending the war on all fronts, including in Lebanon, Tasnim reported.

But Baghaei said that reports of a suspension of nuclear activities or U.S.-Iran cooperation on clearing mines from the Strait of Hormuz are not true.

“These are among the things that I believe are fabricated by the imagination of some media outlets,” Baghaei said. “We are not currently engaged in any negotiations over the nuclear issue and decisions about the future will be made in due course.”

Iranian officials said that the U.S. proposal had included a two-month cease-fire, which Iran countered with a 30-day period to resolve issues and to actually end the war.

Israeli forces have raided the city of Nablus in the occupied West Bank, firing live ammunition that killed a 26-year-old Palestinian man and wounded four others, including children. Dozens of people have suffered tear gas inhalation.

May 3 (UPI) — Two members of the U.S. Army were reported missing during a training event in Morocco on Sunday morning by the United States Africa Command.

The soldiers were participating in the U.S. military’s largest Africa-based exercise, African Lion, when the soldiers went missing on Saturday night during near the Cap Draa Training Area, which is near the city of Tan Tan, Morocco, AFRICOM said in a press release.

Military officials said their disappearance is unrelated to the exercise, but rather than they had gone on a hike near the training range and may have slipped off a cliff into the ocean, The New York Times reported.

“U.S., Moroccan and other assets from African Lion immediately initiated coordinated search and rescue operations, including ground, air and maritime assets,” AFRICOM said in the release.

“The incident remains under investigation and the search is on-going,” the command said.

The soldiers were discovered missing during a base-wide head-count around 9 p.m. local time, with helicopters searching throughout the night and various aircraft — including larger planes and drones — picking up the search on Sunday morning near the coast, CBS News reported.

African Lion is an annual joint military exercise that includes the U.S. military, NATO allies and African partner nations, and is hosted by Morocco, Ghana, Senegal and Tunisia, according to U.S. Army Europe and Africa.

This year’s event, scheduled to run from April 27 to May 8, includes 5,000 people from 40 countries.

In this episode of Reframe, Varsha Gandikota-Nellutla, general coordinator of Progressive International, speaks with former Colombian Environment Minister Susana Muhamad about how Latin America should respond to the age of United States President Donald Trump. Muhamad argues that challenging a long history of imperial dominance begins with reclaiming sovereignty, particularly over natural resources like minerals and oil.

Muhamad is a Colombian politician and environmentalist who served as the minister of environment and sustainable development from 2022 to 2025.

Ukrainian President Volodymyr Zelenskyy’s artistic skills have earned him the reputation of a public relations genius acknowledged by both friends and foes. United States President Donald Trump, who has openly attacked him in public, famously called the Ukrainian leader “the greatest salesman on Earth”. A much more sympathetic voice, New York Times columnist David French, has recently portrayed Zelenskyy as “the new leader of free world”.

But Zelenskyy’s PR genius can do very little when it comes to changing the dynamics of the battlefield in the Russia-Ukraine war. In recent weeks, his administration and allies have tried hard to create the impression that the war might be approaching a turning point. But realities on the ground tell a different story.

For example, there were official claims that in February, Ukraine made more territorial gains than Russia did. Some pro-Ukrainian war monitoring platforms have supported these claims while others have not. It is important to note  these calculations can be tricky given that along the frontline there is an extensive grey zone in which control is unclear. The advances themselves are measured in 150-200 square kilometres per month. In other words, methodology can be manipulated in order to produce the desired conclusion: that Ukraine is gaining ground.

In reality, there is nothing at all that suggests a significant change in the battlefield dynamics that have been in place for at least two years now.

More importantly, Russian troops are currently besieging a number of industrial cities in the north of the Donetsk region. Their advances all along the northern border, in particular, are extending the active front line by hundreds of kilometres, which is making Ukraine’s personnel shortages even more acute.

Four years into the war, the Ukrainian army has had to resort to brutal campaigns to enforce mandatory conscription, pulling young men off the streets of towns and villages. Meanwhile, Russia is still able to lure volunteers by offering lavish compensation.

Ukrainian officials have also claimed that Russia is losing more troops than it is able to recruit based on dubious casualty data. Zelenskyy, in particular, has stated the Russians suffered the highest number of monthly casualties in March this year – 35,000. But his statement contradicted his own Ministry of Defence, which claimed that the highest Russian monthly losses crossed 48,000 in January 2025, with an average monthly rate of roughly 35,000 throughout 2025.

Zelenskyy’s chief of staff, former military intelligence chief Kyrylo Budanov, also contradicted this narrative that Russia is having major difficulty with deploying personnel. He acknowledged in a recent interview that the collapse of the Russian mobilisation effort was not forthcoming.

It should be noted that Ukraine is waging a successful drone campaign to damage Russian oil facilities. But it is doubtful that it could change anything beyond providing dramatic footage of oil tanks on fire for TV networks to broadcast.

In April, Russian oil revenues surged to $9bn, thanks to the US-Israel war on Iran. The windfall Russia got in a month is equivalent to 10 percent of the loan Ukraine is to receive from the European Union over the next two years to help fund its war effort.

It cannot be denied that Russia has sustained major economic losses due to the war, and Russian President Vladimir Putin has acknowledged as much. But the Russian economy displays much the same downturn as other European economies, also affected by wars in Ukraine and Iran.

Russia’s gross domestic product (GDP) per capita adjusted for purchasing power parity (an indicator reflecting living standards) currently exceeds that of less affluent EU countries, such as Romania and Greece, according to the IMF charts. The same indicator for Ukraine is on par with Mongolia and Egypt, while the country’s critical infrastructure lies in ruins and millions of Ukrainians have fled the country, most of them for good.

With Ukraine’s prospects bleaker than ever, pro-Ukrainian audiences jump on every news from Russia, which they hope may signify “cracks in the regime”. Last month, an Instagram video by Russian influencer Victoria Bonya made Western headlines for its daring criticism of government policies. There may be frustration in Russia, but the regime is far from approaching a downfall.

This narrative, however, serves to distract Ukrainian and EU citizens from the painful truth that the war is heading towards a deadlock at best and Ukraine’s collapse at worst. Zelenskyy may have received a lifeline with the $90bn euro loan, but his and his allies’ lack of vision and winning strategy is staggering.

The reality has already begun to kick in. German Chancellor Friedrich Merz recently suggested that Ukraine would have to concede some of its territory to Russia to end the war but get a faster track to EU membership in exchange. The EU’s defence chief, Andrius Kubilius, has gone further by claiming that NATO membership for Ukraine was out of the question and EU membership was going to be a “complicated process”. Instead, he proposed a military union of Ukraine and other European countries – an idea that Moscow will reject, interpreting it as NATO through the back door.

What these contradictory statements manifest is that the main bargain over the contours of peace is currently going not so much between Zelenskyy and Putin, but between Zelenskyy and his Western, primarily European, allies.

As Budanov recently claimed, the positions of Kyiv and Moscow can be moved closer to what is realistically attainable in peace talks. But Zelenskyy needs to show at least some kind of gain for Ukraine when a very unpalatable version of a peace treaty is finally signed. Ideally, that gain would be EU membership or real security guarantees, but as Merz and Kubilius’s statements suggest, the chances of attaining either are slim.

The frustration among Ukrainians is already palpable. The head of the Ukrainian parliament’s fiscal committee, Danylo Hetmantsev, said European officials should stop seeing Ukrainians as “a tool for solving someone’s geopolitical tasks” or as a “human shield”. They have no right to define Ukraine’s destiny, he insisted.

But Zelenskyy, who is dogged by a large-scale investigation into corruption involving his immediate entourage, seems to hold no cards to play against Russia or his Western allies. The status quo in which he retains the position of a war leader serves him well, but it is increasingly becoming untenable.

The views expressed in this article are the author’s own and do not necessarily reflect Al Jazeera’s editorial stance.

May 1 (UPI) — South Korea’s Financial Supervisory Service (FSS) reportedly decided Thursday to suspend the business operations of Lotte Card for 4 1/2 months over a data breach.

The financial watchdog is also reported to have finalized the disciplinary measure, including a $3.4 million penalty and a reprimand warning for its former CEO Cho Jwa-jin.

The FSS declined to confirm the reports, while Lotte Card acknowledged it.

“Imposing a business suspension over a hacking case would be an unprecedented level of sanction,” Lotte Card said in a statement.

“As follow-up procedures remain, including a resolution by the Financial Services Commission (FSC), we will fully explain our position regarding the severity of the punishment, as well as our post-incident response efforts,” it added.

Nearly 3 million Lotte Card customers had their personal information compromised last year. The state-run Personal Information Protection Commission has already imposed a $64 million fine on the firm over the incident.

Following the FSS decision, the FSC is expected to make the final call in the coming months.

In 2019, South Korea’s leading private equity company, MBK Partners, teamed up with Woori Bank to acquire a 79.8% stake in Lotte Card for about $1 billion. MBK took 59.8%, and Woori held the remaining 20%.

MBK Partners sought to sell its stake in Lotte Card in 2023 but failed to find a buyer, and a similar effort last year also yielded limited results.

Lotte Card is not publicly listed.

Tickets for the cohosts’ opening game in Los Angeles are available for prices ranging between $1,120 and $6,050.

With under 40 days to go until the World Cup, tournament organisers continue to struggle with ticket sales as seats remain available for most group-stage games, albeit at exorbitant prices.

Home fans can find tickets for tournament cohost United States’ (USA) opener against Paraguay, with prices starting at $1,120 and going as high as $4,105, with many tickets priced around $2,000 for the June 12 match in Los Angeles. Seats in the hospitality package groupings go as high as $6,050 per seat.

Tickets are still available on FIFA’s official website through its “last-minute sales” section.

Football fans are already outraged by exorbitant match prices — the most expensive ticket for the final costs nearly $11,000 — since the first phase of ticket sales in December. Late last month, FIFA announced yet another “last-minute ticket phase” with tickets for all 104 matches available on a first-come, first-served basis.

The stagnant sales contradict FIFA President Gianni Infantino’s assertion in January that demand for tickets for this year’s tournament in the US, Canada and Mexico would be the equivalent of “1,000 years of World Cups at once”.

Experts attribute dynamic pricing and greed as key factors, with fans saying they have been “priced out” by FIFA.

While many in the US are accustomed to the pricing model commonly adopted at the Super Bowl, fans from around the world are not used to dynamic pricing and legal profiting from ticket resales, sports executive Peter Moore told Al Jazeera in a recent interview.

“FIFA taking a 30 percent cut of dynamic pricing is outrageous,” the former Liverpool chief executive said.

“FIFA is taking advantage of the unique commercial opportunities in the US, dynamic pricing and the secondary market being legal here, to make money. Infantino has said [he expects] FIFA revenues from the World Cup to exceed] $11bn. Why not make it more reasonable and accessible and make, maybe, $8bn?”

Last month, four seats for the World Cup final were listed at just under $2m each on FIFA’s official resale site.

A total of seven group-stage games still have general sale tickets available for $380, including Austria vs Jordan, New Zealand vs Egypt, Jordan vs Algeria, Cape Verde vs Saudi Arabia, Algeria vs Austria, Congo DR vs Uzbekistan and Curacao vs Ivory Coast.

The USA vs Paraguay opener is the most expensive group game, followed by Argentina vs Austria ($2,925), Ecuador vs Germany ($2,550), Uruguay vs Spain ($2,520) and England vs Croatia ($2,505).

According to FIFA’s website, a total of 17 group-stage games are sold out, including the tournament opener between Mexico and South Africa in Mexico City on June 11.

Seven games staged in Mexico are sold out, including the cohosts’ two other matches against South Korea in Guadalajara and the Czech Republic in Mexico City.

Turkiye vs USA in Los Angeles, Brazil vs Morocco in New York/New Jersey and Scotland vs Brazil in Miami are among other sold-out games.