What We're Watching
Sunak fires the starting gun
British Prime Minister Rishi Sunak delivers a speech calling for a general election outside No. 10 Downing Street, in London, Britain, on May 22, 2024.
REUTERS/Maja Smiejkowska
British Prime Minister Rishi Sunak delivers a speech calling for a general election outside No. 10 Downing Street, in London, Britain, on May 22, 2024.
For embattled leaders with the power to call elections, it’s all about the timing. In Sunak’s case, though his Conservative Party has trailed badly for months, some factors suggest things might only get worse in the fall. More migrant arrivals by boat over the summer will add to his political headaches, particularly if the government’s plan to fly some to Rwanda runs into more legal challenges and delays.
He does have some positive economic news to work with.Newly released data from the Office for National Statistics on Wednesday indicated that UK inflation fell to just 2.3% in April, allowing Sunak to say he kept his promise to cut inflation in half during his tenure.
Will Sunak’s earlier-than-expected election date help Tories stage a stunning comeback? Not likely, says Eurasia Group’s Mujtaba Rahman. Instead, he forecasts, “Labour will capitalize on the public’s desire for change after 14 years of Tory rule and will win a comfortable majority.”
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What is President Trump trying to achieve in Iran, and how does his strategy compare to past US interventions in the Middle East?
The US has paused Russian oil sanctions in a bid to stabilize energy markets rocked by the war with Iran. Administration officials stress that it’s a “tailored” measure, applying only to oil already loaded onto tankers, but it’s still a gift to Russia, which has already been clocking an extra $150 million daily in oil revenues since the war began.
4: The number of crew members aboard a US refuelling plane – out of six total – who died after the aircraft crashed in neighboring Iraq on Thursday, US Central Command said this morning.