Top World News

May 6, 2026 - World

Latest proposal, derided by Tehran as a ‘wishlist’, could yet be a way out – but with 5,000 dead, it comes at an awful priceMiddle East crisis – live updatesAnother day, another hairpin turn in the world of Donald Trump’s foreign policy.The weekend was all about war, and Trump insisting Iran had not yet “paid a big enough price”. Tuesday was Project Freedom, styled as a grand “humanitarian gesture” to allow trapped ships and their crews to escape the Gulf, but also aimed at weakening Iran’s chokehold on the strait of Hormuz. Continue reading...

May 6, 2026 - World

President issues fresh ultimatum despite US claims that progress has been made in stalled negotiations with TehranMiddle East crisis – live updatesDonald Trump has issued a fresh ultimatum, telling Iran to accept a deal to end the war or face a new wave of US bombing “at a much higher level and intensity than it was before”.The social media announcement on Wednesday was the latest in a rapid series of dramatic and often contradictory changes in policy and came amid reports the US was claiming progress in stalled negotiations between Tehran and Washington. Continue reading...

May 6, 2026 - World

Steve Roth was responding to the announcement by New York’s mayor of tax on second homes worth more than $5mSign up for the Breaking News US newsletter email The phrase “tax the rich” can be “just as hateful as some disgusting racial slurs”, according to New York City billionaire Steve Roth, who said that the top 1% should be “praised and thanked”.Speaking on his company’s quarterly earnings call on Tuesday, Roth, the CEO of Vornado Realty Trust, expressed his support for fellow billionaire and the CEO of Citadel, Ken Griffin, who was singled out in New York mayor Zohran Mamdani’s 15 April announcement of the state’s first “pied-à-terre” tax on second homes valued at more than $5m. In a video, Mamdani announced the policy in front of Griffin’s penthouse, which he said was purchased for $238m. Continue reading...

May 6, 2026 - World

US commerce secretary to sit for transcribed interview as part of House oversight committee’s broader investigationThe US commerce secretary, Howard Lutnick, will appear before the House oversight and reform committee on Wednesday to answer questions over his past ties to Jeffrey Epstein.Lutnick agreed in March to sit for a transcribed interview with the committee following the justice department’s release of millions of documents related to Epstein, which included documents showing that Lutnick continued correspondence with Epstein after the disgraced financier had been convicted of soliciting prostitution from a minor. The session is part of the committee’s broader investigation into Epstein. Continue reading...

May 6, 2026 - World

Approval for exploration in 70 new areas prompts fierce backlash from fossil fuel opponents The Norwegian government has been heavily criticised for approving plans to reopen three North Sea gasfields nearly three decades after they were closed to help fill the gap in energy supplies created by the Middle East war.Amid sharp price rises in oil and gas since the US and Israel’s attack on Iran in February, Oslo has also given its approval for oil and gas companies to explore in 70 new locations in the North Sea, Barents Sea and Norwegian Sea. Continue reading...