Democrats are playing with fire in trying to reclaim tax cuts from Republicans
Senator Chris Van Hollen and other Democratic lawmakers are embracing a policy that hardly benefits the middle class Soul-searching within the Democratic party is to be expected after its loss in the 2024 election. Donald Trump's edge over Kamala Harris in voters' perceptions of economic competence (perplexing though it now ...
Eduardo Porter / Guardian | Mon, 11 May 2026 10:00:51
Fuel, munitions and food: the mounting toll of Trump's Iran war
Conflict is reverberating across the US economy at cost of hundreds of billions of dollars in lost output
FT | Mon, 11 May 2026 10:00:04
Crude oil prices rise as Trump calls Iran's offer 'totally unacceptable'
Benchmark crude oil prices rose on Monday as US President Donald Trump rejected Iran's latest counterproposal to find an end to the war in the Middle East. The continued closure of the Strait of Hormuz is leaving its mark on economies around the world, with India's Prime Minister Narendra Modi ...
Charles PELLEGRIN / France 24 | Mon, 11 May 2026 09:54:45
Trump's China visit set to test fragile truce
The first US presidential visit to China in almost 10 years will test a fragile tariff truce.
BBC | Mon, 11 May 2026 09:26:33
Has Trump Doomed the GOP?
They bought the ticket; they're taking the ride-but where does it end?
Mary Harris / Moneybox | Mon, 11 May 2026 09:20:00
China readies for Trump visit amid rebound in trade growth
Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent will meet for trade talks in Seoul on Wednesday, probably to iron out final details before a presidential summit in Beijing the following day. The discussions would focus on "economic and trade issues of mutual concern", China's Ministry of Commerce ...
Neil Denslow,Raymond Ma / South China Morning Post | Mon, 11 May 2026 09:03:07
As Trump Heads to Beijing, China Is 'Locked and Loaded' for a Fight
Beijing is signaling that it is ready for a trade showdown, and it is building up a legal arsenal in preparation.
Alexandra Stevenson and Murphy Zhao / NY Times | Mon, 11 May 2026 09:02:41
As Visa Policies Tighten, International Students Find Tougher Job Market
Students say they have been passed over for jobs and interviews because of visa restrictions. Some have a Plan B: leaving the United States.
Amy Qin and Pooja Salhotra / NY Times | Mon, 11 May 2026 09:02:12
A 'quiet crisis' is brewing for student-loan borrowers
As Trump's federal student-loan changes push more students toward private loans, borrowers face a maze of confusing rules, weak oversight, and risks.
Ayelet Sheffey / Business Insider | Mon, 11 May 2026 09:01:02
Trump Blurts Out Vile Plot to Steal Midterms as Polls Take Brutal Turn
After the Virginia supreme court blocked the Democratic redistricting plan, which would have netted Democrats four more House seats, Donald Trump celebrated. He called the ruling a "huge win" over a "horrible gerrymander." But Trump himself has ordered many GOP states to gerrymander maximally. So here Trump openly declared that ...
The Daily Blast With Greg Sargent / New Republic | Mon, 11 May 2026 09:00:00
The false promise of a US-Iran quick fix
Tehran's reply on May 10 was entirely predictable. Ceasefire, security guarantees for the Strait, total sanctions relief, reparations - the standard package. What apparently surprised Washington was the timing, which produced President Donald Trump's terse verdict: "totally unacceptable." Even so, a surprising number of voices in Washington are still pushing ...
Eric Alter / Asia Times | Mon, 11 May 2026 08:56:01
Oil prices climb after Trump dismisses Iran's response to peace plan
Brent crude rises after US president calls overture from Tehran 'totally unacceptable' Business live - news updates Oil prices have climbed after Donald Trump condemned Iran's response to US proposals to end the war as "totally unacceptable". The president's rejection of Tehran's overture in a post on his Truth Social ...
Lauren Almeida / Guardian | Mon, 11 May 2026 08:49:46
Trump hands multimillion-dollar Washington project to his 'pool guy'
The US president is deadly serious about giving Washington DC a makeover and is now facing criticism over using special powers to hand-pick a company to finish work on the memorial in time for the country's 250th birthday.
Iona Cleave / Sydney Morning Herald | Mon, 11 May 2026 08:30:00
Leaked letter exposes growing rift between basketball powerbrokers
A billionaire basketball owner, who is Donald Trump's ambassador to New Zealand, has escalated his fight with NBL owner and Telco mogul Larry Kestelman.
Jon Pierik / Sydney Morning Herald | Mon, 11 May 2026 08:20:28
Iran war day 73: Trump and Tehran clash over latest peace proposals
Brent crude rises amid a continuing deadlock as Trump describes Iran's response as 'totally unacceptable'.
Al Jazeera | Mon, 11 May 2026 08:16:37
Is the Vatican standing up to Trump?
Redi Tlhabi speaks with Kim Daniels on the growing strain between the Vatican and Donald Trump.
Al Jazeera | Mon, 11 May 2026 08:11:45
US Senate expected to confirm Kevin Warsh as next Federal Reserve chair
Warsh would succeed outgoing Fed chair Jerome Powell as Trump continues his push to influence the US central bank Sign up for the Breaking News US newsletter email The US Senate is expected to confirm Kevin Warsh this week as chair of the Federal Reserve, as Donald Trump continues his ...
Lauren Aratani in New York / Guardian | Mon, 11 May 2026 08:00:49
'Flame-haired Farage': The One Nation shockwave felt across the world
Foreign media have highlighted Pauline Hanson's admiration for Donald Trump and the growing electoral support globally for populist right parties.
Staff reporter / Sydney Morning Herald | Mon, 11 May 2026 07:36:43
The pain of Trump's war could get even worse
Even if Donald Trump is able to strike a lasting peace deal - a big if - the impacts of the war will be felt long into the future.
Clancy Yeates / Sydney Morning Herald | Mon, 11 May 2026 07:35:00
British farmers fear Donald Trump's 'one-way traffic' beef deal will favour US producers over UK industry
A new transatlantic beef agreement approved by Donald Trump has divided British farmers amid warnings the deal could overwhelmingly favour American producers over the UK industry. The arrangement establishes a quota allowing 13,000 tonnes of beef to be traded between Britain and the United States. American trade groups have described ...
Joe Sledge / GB News | Mon, 11 May 2026 07:31:25
Oil rises over 4% as Netanyahu, Trump comments fuel Middle East risk; ANZ sees Brent above $90 through 2026
Seeking Alpha | Mon, 11 May 2026 06:40:33
'Australia's flame-haired answer to Farage': The One Nation shockwave felt across the world
Foreign media have highlighted Pauline Hanson's admiration for Donald Trump and the growing electoral support globally for populist right parties.
Staff reporter / Sydney Morning Herald | Mon, 11 May 2026 06:24:58
$88b bloodbath shows Trump is not the only problem for Aussie pharma giant
One of Australia's biggest companies and most lauded success stories has become an investing disaster of historic proportions.
Colin Kruger / Sydney Morning Herald | Mon, 11 May 2026 05:59:10
'Australia's flame-haired answer to Farage': How One Nation's win has played out overseas
Foreign media have highlighted Pauline Hanson's admiration for Donald Trump and the growing electoral support globally for far-right populist parties.
Staff reporter / Sydney Morning Herald | Mon, 11 May 2026 05:52:21
California's Affordability Crisis Began Decades Before Trump
AUDIO: California's climate policies extend into every aspect of the economy, not just in the price of gasoline and electricity. Housing developments, water projects, road improvements, mining, forestry, literally everything is now evaluated and regulated in terms of climate impact. Along with other environmentalist regulations that have become extreme, this ...
Edward Ring / CIV FI | Mon, 11 May 2026 05:50:46
Trump is snookered on Iran. Walking away may be his least worst option
Despite the US turning the screws on Tehran with a naval blockade and a new wave of economic sanctions, the regime is not buckling.
Michael Koziol / Sydney Morning Herald | Mon, 11 May 2026 05:45:00
The Indian diaspora's rise: Awe, influence, and suspicion
Recent derogatory remarks by President Donald Trump have reignited a familiar debate about the role of non-resident Indians-not just in the United States, but across much of the Western world. These remarks are not isolated;...
Dr B Bala Bhaskar / Times of India | Mon, 11 May 2026 05:41:59
Trump and Xi are set to meet. Where do US-China tariffs stand?
The first US presidential visit to China in almost 10 years will test a fragile tariff truce.
BBC | Mon, 11 May 2026 05:39:27
Trump Revisits Bonkers Claim That 'Beautiful Little Babies' Are Getting A 'Vat' Of Vaccines
Kelby Vera / Huffington Post | Mon, 11 May 2026 05:12:47
Trump Calls Obama The 'Greatest Sucker Of Them All' In Iran Rant
Kelby Vera / Huffington Post | Mon, 11 May 2026 05:09:34
Trump calls Iran response "totally unacceptable"
Report on the latest developments after US President Donald Trump rejected Iran's response to the US peace proposal.
Al Jazeera | Mon, 11 May 2026 04:58:03
Trump administration proposes easier employer access to IVF benefits
Seeking Alpha | Mon, 11 May 2026 04:56:46
Xi's leverage ahead of Trump meet, Hong Kong schools: 5 weekend reads you missed
We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. Could omega-3 supplements hurt the brain? Chinese military study flags risks 2. Hong Kong schools ...
SCMP / South China Morning Post | Mon, 11 May 2026 04:30:05
Trump says Iran's response to peace proposal is 'unacceptable'
Oil prices climb again as Washington and Tehran fail to agree on terms to end war and reopen Strait of Hormuz
FT | Mon, 11 May 2026 03:53:19
Oil prices today: Crude jumps after Trump rejects Iran's latest offer; Strait of Hormuz remains shut
Oil prices surged as President Trump rejected Iran's peace proposal, reigniting fears over global energy supply routes. Hopes for breakthrough talks faded, shifting market attention to Trump's upcoming visit to Beijing. Saudi Aramco warned of significant oil market losses, while tankers navigated the Strait of Hormuz with tracking systems off.
TOI Business Desk / Times of India | Mon, 11 May 2026 03:47:25
Donald Trump acknowledges the limits of Jacksonism, by Thierry Meyssan
Events are going badly. At a time when President Trump is launching his Kuturkampf against the Catholic Church to reaffirm the Anglo-Saxon and not Aztec character of his country, he is suffering a heavy failure against Iran. He must note that his way of conducting commercial affairs cannot replace diplomacy, ...
Thierry Meyssan / Voltaire Network | Mon, 11 May 2026 03:45:25
China fixes currency at 3-year high ahead of Trump-Xi meeting
Data meanwhile shows deflationary pressures easing in world's second-largest economy
FT | Mon, 11 May 2026 03:16:17
Trump-Xi meet more about US uncertainty than China ambition
When President Donald Trump arrives in Beijing this week for talks with Chinese President Xi Jinping, the choreography will almost certainly be familiar: firm handshakes, oversized rhetoric, carefully calibrated symbolism and declarations about economic opportunities. But beneath the spectacle will lie a much more consequential reality for Asia. Trump's return ...
James Borton / Asia Times | Mon, 11 May 2026 02:57:52
Oil prices fall more than 7% as U.S. and Iran appear close to deal to end war
Oil prices fell sharply after Axios reported that the U.S. and Iran were closing in on an agreement to bring an end to the conflict.
CNBC | Mon, 11 May 2026 02:57:40
Monday Watch
Around X: @Business 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. Beijing officially announced the date of Donald Trump's state visit this week, publicly green-lighting the first US presidential trip to China ...
Unknown / Between the Hedges | Mon, 11 May 2026 02:53:00
Iran says it will 'never bow' as Trump rejects peace counteroffer, prolonging Middle East conflict
Washington has sought to press Beijing to lean on Tehran to reopen the strait, though China's appetite to act as a pressure mechanism remains unclear.
CNBC | Mon, 11 May 2026 02:21:44
Trump heads to China weak and embarrassed
Donald Trump isn't holding a winning hand as he gets ready for his summit with Xi Jinping.
Stephen Bartholomeusz / Sydney Morning Herald | Mon, 11 May 2026 01:59:54
Trump calls Iran response to US proposal to end war 'totally unacceptable'
Iran is reported to want lifting of the US naval blockade, recognition of Iranian sovereignty over the Strait of Hormuz and compensation for war damage.
BBC | Mon, 11 May 2026 01:55:13
Oil Prices Surge After Trump Rejects Iran Peace Offer
Oil prices spiked in early Asian trade on Monday after President Trump unequivocally rejected Iran's response to a U.S.-drafted peace proposal. At the time of writing, Brent crude was up 3.33%, trading at $104.60 per barrel, while West Texas Intermediate had risen to $98.62 per barrel, up 3.35%. The spike ...
Josh Owens / Oil Price | Mon, 11 May 2026 01:32:03
Strait of Hormuz Reopening Odds: Down Again
From Kalshi, 7:45pm CT: The fact that the odds keep on jumping up and down is befuddling. It is clear tht Iran "holds the cards" (to use a Trumpism), and Trump himself is incapable of admitting he has put himself (or more precisely, the US) in a situation that is ...
Menzie Chinn / Econbrowser | Mon, 11 May 2026 01:30:08
Asia open: US futures dipped as US-Iran peace deal hopes dimmed
US futures slipped in early Asian trade as optimism surrounding a US-Iran peace agreement faded after President Trump rejected Tehran's latest proposal. Meanwhile, a US jobs report reinforced expectations that the Federal Reserve will keep interest rates elevated through 2026. Despite geopolitical uncertainty, AI-driven market momentum remains strong, with semiconductor ...
Kelvin Wong / OANDA | Mon, 11 May 2026 01:24:00
China confirms dates for President Donald Trump's state visit to Beijing
US President Donald Trump will pay a state visit China from May 13 to 15, at the invitation of President Xi Jinping, the foreign ministry in Beijing said on Monday. It will be the first visit to China by a US president in almost nine years and comes at a ...
SCMP Reporter / South China Morning Post | Mon, 11 May 2026 01:04:29
Trump's China return: what's changed since his 'friendly' 2017 visit
Nine years after his lavish first visit to China as US president, Donald Trump is scheduled to head back to Beijing on May 14-15. Beijing has not confirmed the date yet. With tensions over tariffs, Taiwan and tech rivalry still simmering, the summit will test whether the world's two biggest ...
Jane Cai / South China Morning Post | Mon, 11 May 2026 01:00:13
Crude oil rises after Trump calls Iran's peace proposal 'totally unacceptable'
Seeking Alpha | Mon, 11 May 2026 00:48:36
Trump, Tehran and a Qatari tanker transit: here's what happened overnight
The US-Israel war against Iran has now entered its tenth week and there has been little progress on the stalled peace talks. These are the major takeaways from what happened overnight. What did Trump say? Iran reportedly sent a response to Washington's latest proposal - a one-page memo aimed at ...
Orange Wang / South China Morning Post | Mon, 11 May 2026 00:46:25
Oil prices jump after Trump dismisses Iran proposal to end war
The Strait of Hormuz trade route remains effectively shut, disrupting the global energy shipments.
BBC | Mon, 11 May 2026 00:37:09
From Singapore to Brussels, world leaders eye Trump-Xi summit from afar
The world will be watching the Trump-Xi summit.
CNBC | Mon, 11 May 2026 00:26:25
South Korea's Kospi hits fresh record as Asia markets trade mixed amid oil surge, Iran risks
Investors headed into Monday on edge as Trump's rejection of Iran's ceasefire proposal fueled concerns about a prolonged Middle East conflict.
CNBC | Mon, 11 May 2026 00:22:07
Iran war live: Trump slams Tehran's reply; Israel kills 2 medics in Lebanon
US president says Tehran's response 'unacceptable', as Iranian military warns it is ready if US-Israel war resumes.
Al Jazeera | Mon, 11 May 2026 00:00:00
Oil climbs as Netanyahu warns Iran conflict is 'not over,' Trump rejects Tehran's proposal to end war
Oil prices jumped on Monday after Israel warned that the conflict with Iran was still ongoing.
CNBC | Sun, 10 May 2026 23:56:26
'I'm living rent-free in his head!' Sadiq Khan claims Donald Trump is OBSESSED with him
Sir Sadiq Khan has issued a fresh attack on Donald Trump, labelling the US President's recent criticisms of him "absurd". The Mayor of London told the Big Issue that Britain's capital was the of what Mr Trump believes. He claimed the US President is with him, adding: "It's like I'm ...
Dan McDonald / GB News | Sun, 10 May 2026 23:20:58
'Totally unacceptable!' Iran peace hopes in crisis as Tehran bitterly rejects Donald Trump's deal
Hopes for an end to the war in Iran are now dangling by a thread after Tehran bitterly rejected Donald Trump's peace plan. A few days ago, the US sent across a 14-point proposal, meant to be a shorter-term agreement before finer details are worked out over 30 days, which ...
James Saunders / GB News | Sun, 10 May 2026 23:12:48
Trump declares that Iran will no longer laugh at US
The US president criticized the policies of his predecessors, Barack Obama and Joe Biden, regarding Tehran
Tass | Sun, 10 May 2026 23:07:36