Chipmakers led the way down in South Korea, where the main index plunged 10 percent. Stocks in Europe were lower and S&P 500 futures pointed to a sharp fall.
After Iran weaponized the waterway by making it too dangerous for businesses, experts say, the country is now looking to charge fees to vessels seeking to transit the vital water.
President Trump said Iran had agreed to the “highest level” inspections, hours after an Iranian official said there were “no detailed discussions on the nuclear issue.”
Secretary General Mark Rutte is headed to Washington. His style has at times frustrated the very European leaders who need him to hold the alliance together.
Keir Starmer stepped down as leader of the Labour Party. Andy Burnham, the party’s most popular politician, said he would seek the prime minister’s job.
Vice President JD Vance was expected to meet with Iranian negotiators on Sunday. Pakistan, an intermediary in the talks, said it was sending a delegation.
The conflict between Israel and Hezbollah, once seen as a secondary front to the war on Iran, has become one of the main obstacles to ending it.
Fighting Persists in Lebanon, Complicating Iran Peace Talks
The Israeli military said it had exchanged fire with Hezbollah overnight, hours after a new cease-fire came into effect. Clashes in Lebanon derailed U.S.-Iran peace talks planned for Friday.
After propelling Zohran Mamdani to mayor, the Democratic Socialists of America are trying to take down incumbents in the House and the State Legislature.
Israel said it targeted Hezbollah militants after four of its soldiers were killed in southern Lebanon. Switzerland said that U.S.-Iran talks previously set for today had been postponed.
After Deal to Reopen Strait of Hormuz, Ships Begin to Move Cautiously
Shipping companies hoping to get their stranded vessels out face complications like mines and the lack of clear coordination.
Factoring in military spending and rising energy prices, the war’s cost for U.S. taxpayers and consumers is at least $132 billion, according to one estimate.
‘Game Changer’? Too Soon to Tell. But Ukraine Flexed in Striking Moscow.
The drone attack that sent plumes of smoke rising over Moscow intensified Ukrainian hopes of bringing the war to Russia.
Politicians and officials in Mexico are using the country’s laws to intimidate critics and the media, forcing them into censorship and blunting scrutiny.
The attack, which shut down the capital’s airports for several hours, appeared to be the biggest wave of strikes on the city since the start of the war.
Investors piled on bets for higher borrowing costs after Kevin Warsh opted against providing policy guidance at his first meeting as Federal Reserve chairman.
Claudia Sheinbaum must be doing something right. With a consistent approval rating of around 70% since becoming Mexico’s president in 2024, the former climate scientist – and protege of her predecessor, Andrés Manuel López Obrador – is the world’s most popular leftwing leader. She is also the first female leader of one of Latin America’s most macho countries.
Yet despite her soaring popularity, driven in part by major universal healthcare reforms, there is a curious tension between Sheinbaum’s disciplined, scientific approach to governing and the messy, often violent politics of modern Mexico. Her handling of the country’s ongoing crisis of disappearances, the continuing influence of organised crime and the rising presence of the army in national life are all issues she has faced criticism over.
The big story | Counting the cost of the war on Iran With a peace deal expected to be signed later this week, Oliver Holmes examines the human, economic and environmental toll of a conflict that appears to have achieved nothing
Science | How the loss of wild bees impacts human health Crops and flowers rely on them for survival, but wild bees are declining – and crucial nutrients will go missing from our diets as a result. Gloria Dickie reports
Feature | How personal taste fell out of fashion Our favourite music, clothes and books used to be markers of individuality – but algorithms have made us all sheep. Rachel Aroestimeets the style rebels fighting back
Opinion | If Kyiv has really got Putin on the run, he won’t accept peace meekly Don’t expect the Russian president to pursue peace, says Simon Tisdall – instead, he could continue to expand the war beyond Ukraine’s borders, with dire risks for us all
Culture | The revolutionary art of David Hockney Guardian critic Jonathan Jones pays tribute to the artist whose work was a feast of visual pleasures
News, Views and Reviews For The Intellectually Curious
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