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Giorgia Meloni is pushing an electoral reform that hands a “majority bonus” of up to 17.5% of seats to whichever coalition wins most votes (if it clears 42%). Critics call it “authoritarian”; she calls it stability. Modeled on Berlusconi’s struck-down 2005 “Porcellum” law.
#Italy
North Korea’s Kim Jong Un appears to be positioning his daughter Kim Ju Ae, believed to be 13 or 14, as a possible heir. She now features at family rituals, missile launches and military events. @FT#NorthKorea#KimJuAe#Lineofsuccession
🚨 BREAKING:
The Prime Minister of Italy terminates all agreements with Israel!! The Prime Minister of Italy is braver than the current 56 Islamic leaders, and she fears nothing.
According to Pakistan’s PM @CMShehbaz the #US and #Iran have reached a final agreed text on a peace deal, with signing expected in the coming days. Terms include reopening the Strait of Hormuz, lifting the US blockade, and a 60-day technical negotiation on Iran’s nuclear program.
#Trump tells @FT that #Netanyahu “won’t have any choice” but to accept a US-brokered deal with Iran: “I call all the shots.”The remarks come hours after #Iran fired missiles at #Israel, breaching April ceasefire. Trump says strikes will have “no effect” on ongoing negotiations.
In 1602, the #Dutch invented limited liability co & unleashed capitalism. The machine and the legal entity became the double helix of modern prosperity. #AI agents now need that same framework. So #Argentina is creating it: the “non-human corporation.”#JavierMilei
#Anthropic is expanding “Project #Glasswing,” giving its #Mythos#AI model to about 150 organizations across 15 countries including NATO, the EU’s cyber agency, Samsung, and Okta.The #cyber-defense rollout lands a day after Anthropic filed for an IPO that could top US$1tn.
#China’s Yarlung Tsangpo dam in #Tibet will be 3x the size of Three Gorges and shall produce 60GW of power by 2035 to feed factories in south.USD 167 billion project will require concrete equivalent of 50 Hoover dams&could produce more electricity than the UK generates per annum.
#Firozabad a 400-year-old “city of glass,” in #India faces mounting pressure as #Iran conflict disrupts Gulf gas supplies.With energy costs comprising up to 35% of production, output has fallen by about 30%.The industry supports over a million jobs&generates over $1B per year.
#Russian#rouble was 115 per US$ on 1.1.2025 which is now at Rbs 71 to a US$, an appreciation of app 38%. It is having serious repercussions for export competitiveness in grain,steel & fertilisers. Energy revenues are already down 40% YoY.A currency too strong for its own good.
21 heads of state have visited Xi Jinping in the first 5 months of 2026 while he has not left #China once this year. In #diplomacy, who travels and who receives says a great deal about where power resides.
Trump’s @BoardOfPeace:US$1bn membership fees.$7bn in donor pledges.$10bn in US commitments. Four months on, not one US dollar has been spent on reconstruction. Zero contracts awarded. Zero funds deposited. The ambition could be historic but he delivery has not followed.
#CDF Syed Asim Munir is also in #Tehran as mediators race to prevent a resumption of US-Iran war.#Qatar & #Pakistan are pushing hard to build on April’s fragile ceasefire.Strait of Hormuz, nuclear talks, and a potential global energy crisis all on the line https://t.co/97oH9mD6ck
About 20,000 seafarers are stranded on over 800 ships in the #Gulf, their certificates are expiring, food running short, and no end in sight as the #US-#Iran impasse drags on. The human cost of the Strait of #Hormuz closure is enormous. Logistical crisis quietly unfolding.
#Israel has seized about a 1,000 sq km of territory across #Gaza, #Lebanon & #Syria which is roughly 5% of its 1949 borders. Netanyahu calls it a “ring of security.” It has however displaced millions & destabilized the region.A new military doctrine is taking shape. (FT research)
#Qatar built one of the world’s wealthiest nations on LNG exports through the Strait of #Hormuz which is now closed, Ras Laffan is under missile attack & #IMF projects an 8.6% contraction.The world’s most gas-rich peninsula is learning what it means to be geographically trapped.
The #US is offering #Cuba a stark choice: liberalise your economy, free political prisoners or face escalating pressure that could include military action. With blackouts, fuel shortages and growing despair on the island, the clock is running out for #Havana’s leadership.
Saudi Arabia is proposing a Helsinki Accords-style non-aggression pact for Middle East to stabilise region in the aftermath of US-Israeli war with Iran. With EU backing & a deepening Saudi-Pakistan-Turkey-Egypt alignment, the region’s security architecture is undergoing a shift.