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Dozens of boxes of Nazi material in the basement of an Argentine courthouse

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Reuters

Dozens of boxes of Nazi material confiscated by Argentinean authorities during World War II have recently been rediscovered underground in the Supreme Court, the court said on Sunday.

The 83 boxes were sent to Argentina in June 1941 by the German Embassy in Tokyo on the Japanese steamship “Nan Amal.”

At the time, large cargo attracted the attention of authorities. Authorities feared that its contents could have an impact on Argentine neutrality in the war.

Despite allegations from the German diplomatic representatives at the time, Argentine customs authorities randomly searched five boxes, despite claims that the boxes contained personal items.

They found postcards, photos, propaganda materials, and thousands of notebooks belonging to the Nazi Party. The federal judge confiscated the material and introduced the matter to the Supreme Court.

It was not immediately clear why the item was sent to Argentina, or if there was, why there was action taken by the Supreme Court at the time.

Eighty-four years later, court officials came across a box while preparing for the Supreme Court Museum.

“Opening one of the boxes identified materials intended to integrate and propagate Adolf Hitler’s ideology in Argentina during World War II,” the court said.

Nazi-related material originally confiscated by local authorities when it was shipped to Argentina in 1941.

The court has now moved the box to a room with additional security measures and invited them to participate in the storage and inventory at the Holocaust Museum in Buenos Aires.

Experts will also look at clues about yet unknown aspects of the Holocaust, such as the international funding network used by the Nazis.

Argentina remained neutral until 1944, when it broke its relationship with the forces of the axis in World War II. The South American country declared a war between Germany and Japan the following year.

From 1933 to 1954, 40,000 Jews entered Argentina as 40,000 Jews fled Nazi persecution in Europe. Argentina is home to the largest Jews in Latin America.



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Is it finally a buyer’s market? Things you need to know about home price outlook

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The housing market has been on roller coasters for the past few years, but as rides slow to crawl, home prices and other measures could return to Earth. Here’s what you need to know about some of the most important aspects of the market:

House prices will be significantly slower

Prices rose during the pandemic as mortgage rates reached rock bottom and Americans reconsidered where they wanted to live.

Such a great benefit has resulted. Homeowners are sitting at a record level of home equity, but it’s becoming increasingly difficult for buyers, especially first-timers, to enter the market.

But now prices are back on Earth and may continue to do so. The Mortgage Bankers Association expects prices to rise only 1.3% in 2025, while Fannie Mae Economist predicts a price increase of 4.1%.

It is noteworthy that many analysts have predicted similar trends in the past, but we only see that the sharp imbalance between demand and available supply is increasing prices.

Has “Mortgage Rate Lock-in” finished?

What’s different now is that more homeowners seem ready to list their homes for sale. For the past few years, one of the most powerful forces to act in the housing market has been the “lock-in” effect of mortgage rates, which has led to rock bottom rate homeowners reluctant to move and undertake much higher borrowing costs.

As of the fourth quarter of 2024, the most recent data available was 72% of all outstanding mortgages under 6%, with over half of the rates below 4%. For many people, moving and underwriting a new mortgage at a typical rate of 6-7% has been difficult to contemplate unless absolutely necessary.

But now, anecdotal evidence shows that some of the unwillingness has been eased. Redfin real estate agent David Palmer sees it in Seattle, where he works. “There are so many people after the pandemic.

Selma Hepp, chief economist at real estate data company Cotality, says the thawing is happening much faster than most analysts expected. “Maybe it’s spring home view-in season,” she said.

Whatever the reason, buyers now have more options. Realtor.com data shows that there were 959,251 active lists in April, more than 30% higher than last April, and roughly the same level as the 2019 level. Some of them stayed in the market for a long time, so they increased 9.2% in April compared to March and 10.2% in March and February.

That is, after years of enthusiastic sellers’ markets, buyers may finally take a break, Palmer told USA Today. “I think this will be a good opportunity for people looking for a purchase. First-timers can actually negotiate something,” he said. It is also positive for those looking to trade up, as it makes it easier to compare options weights in slower-paced markets.

Is that a buyer’s market already?

It is too early to call this a buyer’s market. Experts like Hepp should note that in reality the national housing market is becoming increasingly local, with some regions experiencing different demands, while others are weaker.

Still, data from Realtor.com shows that more sellers are making price cuts. In April, 18% of the housing list cut prices. This is the highest share of April in Realtor.com data, dating back to at least 2016.

“This trend suggests that sellers are adjusting their expectations in the face of affordable challenges and weaker buyers’ demand in some markets,” the Realtor.com economist wrote in an April analysis.

Seattle agent Palmer says he’s used to talking to homeowners after being disappointed that he may have missed the market peak a few years ago. But many people understand reality, he said. “You’re happy to realize the reality of how expensive things are,” he said. “It’s a different world now.”



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Americans withholding lives amid economic unrest under Trump, polls | US economy

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According to an exclusive Guardian poll, Americans are rethinking major life events, including marriage, having children, having children, and buying a home amid the opening months of President Trump’s opening economic unrest.

According to Harris’ polls, six in 10 Americans say the economy is affecting at least one of their main life goals, citing either affordability or lack of anxiety about the current economy.

While Donald Trump’s tariff policy has only been in place for a few weeks, the president has temporarily returned to some of his toughest policies, but the findings are indications that Trump’s economic agenda could have long-term impact.

The Trump administration says it wants to encourage Americans to have more babies, and says it is floating a $5,000 “baby bonus” for its new mother. But its economic policy appears to be a major stumbling block on its ambitions. Of those who originally planned to have children in 2025, the majority say the current economy has somehow influenced their plans.

The Bar Chart lists the goals people have that we have now mentioned for the economy. Buying a house, making large purchases, giving birth to children, etc.

The majority of surveyed responded that they wanted to make key financial decisions. 45% said they wanted to make a large purchase. For example, 42% said they wanted to buy a home, such as cars and home appliances.

But 75% of people who said they wanted to buy a home say the current economy has derailed them.

Buying a home has long been considered a benchmark for the American Dream, but it has become increasingly affordable and unavailable for many Americans.

Home prices have skyrocketed after buying a frenzy during the pandemic, when interest rates fell to zero, and have not fallen since. The mortgage rate has fallen slightly since its recent peak at around 7.5%, but the average 30-year mortgage rate in March was 6.7%. It was more than twice as much as four years ago.

Economic anxiety disproportionately affects the long-term goals of young Americans who are unlikely to already own a home. For example, the majority of Gen Z and Millennials Renters (68%) say they have a goal of buying a home compared to just 29% of older renters.

Much of the instability appears to be due to increased costs of living. Sixty-five percent of Americans believe their living expenses have been worse since the start of the year, with half saying it has made it even more difficult to buy living expenses.

The majority (78%) said they noticed a rise in grocery prices over the past few months, while 60% said they noticed that their monthly bills and daily necessities are becoming more expensive.

Almost half (48%) of Republicans say their cost of living has risen this year, but Republicans appear to be optimistic about the overall state of the economy, especially when Joe Biden was in the White House.

A line chart of the percentage of people who say the US is currently in a recession. In 2024, 67% of Republicans thought this was true, with independences and Democrats hovering around 50%. But only 59% of Democrats and 40% of Republicans agree after Donald Trump took office after sentiment turned over.

When respondents were asked last May if they thought the US was experiencing a recession, 67% of Republicans said they believed the country was in a recession. Almost a year later, the number fell to 40% of Republicans.

Meanwhile, 49% of Democrats believed the country was in a recession last May, while 59% now believe the US is in a recession. The US is not in a recession and not during the community pandemic from February to April 2020.

Perhaps most concerning for Trump is that only 33% of Republicans believe the US economy is getting worse, while 64% of independents believe it’s worsening and in line with Democrats (73%). More independences believed the economy was in May last year (53%) compared to this April (53%), but the switch in opinion is much smaller than Republicans.

A bar chart of what people say in 2025 will be the most economically hurtful for families in 2025. Tariffs are 29%, the most common response, followed by government policies (23%) and businesses (12%).

Trump says his tariffs will “make America rich again,” but it seems that few Americans believe him.

Tariffs appeared on the list of what Americans consider most likely to hurt their families financially in 2025. A third (29%) say tariffs are the most harmful, including 39% of Democrats, 28% of independents and 21% of Republicans. Over 20% say government policies, including 24% of independents, are the most harmful.

  • The survey was conducted online in the US, in a nationally representative sample of 2,102 adults in the US, based on the Harris polls from April 24-26, 2025.



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Republican Medicaid proposal is trying to walk the line with cuts

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The House Energy and Commerce Committee was directed to cut $880 billion, primarily from Medicaid.

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  • House Republicans plan to enact more frequent eligibility checks for work requirements and Medicaid.
  • However, the proposal does not pursue some of the deeper cuts that lawmakers have considered.
  • The GOP fiscal Hawks may oppose the plan.

WASHINGTON – House Republicans are set to enact Medicaid work requirements and more frequent eligibility checks, according to the House Energy Commerce Committee Plan released late May 11.

But the proposal doesn’t pursue some of the deeper cuts lawmakers have considered, such as lowering federal game rates with states and lowering the limits on Medicaid spending per federal government.

The highly anticipated plan is expected to become part of the Republican Party Line bill to implement President Donald Trump’s agenda.

The Energy and Commerce Committee was instructed to find $880 billion in savings. Medicaid was the biggest remaining program in the chopping block, as Trump excluded Medicare and Social Security cuts.

However, the proposal appears to be aimed at seducing GOP moderates who said they could not vote for a major change in the program that provides health insurance to more than 71 million low-income Americans.

R-Kentucky Committee Chairman Brett Guthrie told the Wall Street Journal he hopes for the biggest pushback from Republicans who feel they’re not going “going far enough.”

It sets up a potential showdown with fiscal conservatives who want their colleagues to overhaul the program and want to cut down enough money to spend on the ultimate Republican tax package.

Lawmakers also suggest using Medicaid and tip funds for gender transition procedures for people under the age of 18. Reduces federal game rates for states using Medicaid infrastructure to provide healthcare to undocumented immigrants. Reduces cost sharing for patients with Medicaid spread beyond federal poverty levels. This is currently $32,150 for a family of four.

The proposal also includes provisions to prohibit the use of Medicaid unless citizenship, nationality, or immigration status has been verified.

It is not immediately clear whether the proposed changes meet the $880 billion savings that the committee has directed to find. The committee will hold a meeting on Tuesday to consider the law.

The cut to Medicaid will undoubtedly meet strong opposition, not just Democrats. In the opinion of the New York Times, published May 12th, R-Mo. Senator Josh Hawley wrote:

Instead, Holy writes that working families deserve prescription drug prices and tax cuts caps. “What we shouldn’t do is to eliminate their health care,” he said.

Congressional Republicans aim to complete their spending package by July 4th. However, the tight deadline will be at the beginning of August, when the Ministry of Finance will arrive. Scott Becent warned that the US is likely to strike debt restrictions.

The central part of the package is Trump’s 2017 tax cut, which expires at the end of the year. The president also wants to eliminate taxes on tips, overtime and Social Security payments.

The bill is also expected to roll back several clean energy clauses implemented under former President Joe Biden, increasing spending on defense and border security.

Republicans plan to pass the package using a process called “reconciliation.”



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Cardi B, Black Market Silicon and Why You’re Not Learning

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You’ve probably heard this expression: if it seems too good, it’s probably.

Well, that’s especially true for cosmetic treatments and plastic surgery — and that’s what we’re saying is seeing more and more people learn the hardest methods after seeking cheap silicone injections on the black market, or through other illegal means.

Dr. Joseph Hadied, a plastic surgeon at Beverly Hills, says he saw an increase in cases this year that require corrective action after injecting silicone from the black market. Some of these patients have been injected abroad, he says. Others got them at parties – sometimes in people’s homes or hotel rooms.

In many cases, he says, patients don’t even know what they inject into their bodies. Sometimes it’s silicon. Sometimes it’s another substance.

“It sounds like something from the movie,” Hadied says. “It goes without saying, it’s not exempt and not regulated, and now we’re beginning to see some of the long-term problems and complications and consequences of these injections that are often illegal.”

If the black market silicon injections do not work

Hadied was first heard about the black market silicon injections when he detailed the horrifying experiences of Cardi B getting black market butt injections about seven years ago. When the rapper gets an injection to GQ in the basement without anesthesia and wants to go back for a touch-up, she learns, “Because she died at the table because she appears to have killed someone,” “She probably killed someone,” and “Locked.”

Since the Cardi B story made waves, Hadeed says he has seen more people appear in his practice in similarly horrifying stories.

In many cases, these patients received the injection several years ago, and now they have suffering complications.

He says that the most common area of ​​these injections is the butt, but he also looks at a person’s hips, lips, and breasts. Complications from the silicon in the Black Market include infection, the movement of silicon from one part of the body to another, chronic pain, appearance, and in some cases death. In most cases, these problems can only be resolved with additional surgeries.

“If these complications occurred, we couldn’t get back to seeing what someone was like before we had the injection,” Hadeed said. “So I tell people that the best way to prevent these complications from occurring is not to do it in the first place.”

Sometimes, he says that silicon injected into the black market is silicon of industrial strength. Sometimes it’s not even silicon at all.

“It’s literally something you found on the shelf at Home Depot,” Hadied says. “It could be mineral oil, corn oil, vegetable oil, etc.

“If that seems too good, it usually does.”

Some patients tell Hadeed that they have given these injections with a “filler” or “botox” party. Some people say they learned about injections through word of mouth. Others travelled abroad and sought injections abroad for a small portion of their costs in the US.

Dr. Benjamin Kolin, a plastic surgeon in Chicago, says that patients who share similar stories also saw patients in his practice. Overall, he says that doing medical procedures outside of a medical setting is a bad idea.

“Due to risk, fillers should not be done outside of a medical facility,” he says. “All the right equipment is needed. It’s rare. If something goes wrong, I want to be prepared.”

Hadeed said most people turn to black market silicon injections for two reasons. They are cheap and convenient.

But these two attributes, he says, should be a red flag, not a selling point.

“If you think it’s too good, that’s usually the case,” Hadied says. “You get what you pay, and if you’re paying for something very cheap, it may look good soon. But sometimes you develop these issues and complications.”

Worse, many people seeking cheaper alternative treatments on the black market will have to pay more in the long run if additional surgery is required to treat complications from these procedures.

“They probably went this route to save money, so they’re not like independent, wealthy groups,” says Caughlin. “You feel bad for them, so it’s a difficult problem to treat for a few different reasons.”



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Junior Alvarado: Kentucky Derby Winning Jockey fined $62,000 and stopped for whipping

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CNN

Junior Alvarado, who rode sovereignty towards a victory in the Kentucky Derby earlier this month, was fined and suspended during the race for overuse of his whip.

Alvarado has been found to have used equestrian crops eight times during a race at the Churchill Downs racetrack in Louisville, Kentucky. However, regulations set by the Horse Racing Integrity and Safety Agency (HISA) allow riders to use whips six times during the race.

Hisa said it was the second time Alvarado violated the rule in 180 days.

As a result, Hisa announced on Saturday that Alvarado was fined 20% of his prize money ranging from $62,000 to $310,000, and was suspended for two days of Kentucky race day on May 29th and 30th.

Alvarado may appeal the decision within 10 days of issuance of the judgment.

Alvarado and the Sovereignty won a thrilling race in their 151st run of the Kentucky Derby, defeating their much-loved journalism in the final stretch in muddy conditions.

It was Alvarado’s first victory in the Derby, and then the 38-year-old rider said he realized he had surpassed the use of the whip that was allowed when he re-watched the race.

“I couldn’t track it,” the Venezuelan rider told horse racing website Bloodhorse. “It’s a huge race. There’s a lot you have in your heart.”

Sovereignty (left) won the 151st Kentucky Derby at Churchill Downs.

Alvarado added: “I didn’t gallop to 10 (length). When the extra whip happened, I had to be next to my favorite and do what I needed to do at the time.

The next leg of the U.S. horse racing triple crown will take place at the Preakness Stakes in Baltimore, Maryland on May 17th, followed by the final race at the Belmont Stakes on June 7th.

Sovereignty doesn’t try to win the triple crown after trainer Bill Mott said he won’t compete in Preakness on the Pimlico racecourse.



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Pope Leo of Peru: Robert Prible as a Young Priest

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Chiclayo, Peru
CNN

Chiclayo’s main plaza was loud with hammers and music, and people were milling with predictions as the vast digital screen footprints rose in front of the city’s cathedral. The outdoor mass on Saturday is very special. This celebration marks the predominance of Pope Leo XIV, the world’s first American Pope, but is known here as the world’s first Robert. Chikrayano pope.

A line of women formed in front of confessions in preparation for a big night through the open door of the cathedral. A child’s chorus played on the stairs, competing against the fierce bass of worldly life on the streets. There, two men in shorts led the dance class. The banner draped into the square showed Leo’s smiling face, 10 feet tall. Signs outside the local restaurant promoted goat stew as his favorite lunch order when he lived here.

Inside the cathedral, 52-year-old Amalia Kurzado quietly sobbed at her legs, her arms extended.

“It’s a miracle day. Chiclayo is very blessed,” she said. After praying, she went home and attended an evening mass to pick up the rest of the family. Her older father, suffering from cancer, desperately needed miracles for his health.

Pope Leo was born in the United States as Robert Prevast, but for his adopted Peru – he won citizenship in 2015 – he ChikrayanoAfter working as a priest in the countryside, he is the son of a bustling city in northern Peru, where he served as bishop for many years.

Here, everyone is talking about him.

Back in the 1980s, Nicanor Palacios was an altar boy with Leo during the early priesthood of nearby Piura, travelling the area with him for service. “A junior priest, he was often sent out into the field,” recalls Palacios, now an Air Force engineer. “He took us to the parish jeep for lunch.”

“It wasn’t difficult for him to fit in. At the time there was a small village called Kilometer 50 on the Pan-American highway. He took us to dry meat and fried plantains.

“What I liked most was his advice, because many young people were lost even back then, but he was 24 or 25 years old and very serious and full of advice,” he died when he was young and Leo and the other altar boys became their second family.

Robert Prevost from Panecillo Piura 1985.

pope! Amigo! The Peruvians remember the young American priest who became Pope (David von Bloan/CNN)

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A few years later, as Bishop of Chiclayo, Leo’s accent was still “very American.”

“The way he treats people, his presence enveloped you in a sense of trust. He had a Latin American heart,” Lizana said.

Find the truth, look for God

Chiclayo is a city known for its faithful enthusiasm, even in deep Catholic Peru. According to the 2017 census, Peru’s population is 90% Christians and 76% Catholic, much more than Italy, and far more than Leo’s native US, with less than 20% Catholics.

Leo is widely considered a successor to Pope Francis’ progressive Pope and ideology, coordinating local NGOs, churches and religious groups in the late 2010s to support political turmoil and economic collapse in his hometown.

However, he was not without criticism about his tenure. Three women who were abused by local priests accused Leo of not fully investigating their claims last September while he was a bishop. The new Pope has also been sought by Catholics for choices to change his views on abortion. The X account, under the name Prevost, previously shared articles critical of reproductive rights and “gender ideology.”

Liz Medrano of the local Moshikas Disversas LGBTQI+ Advocacy Group told CNN he fears that Leo’s appointment could fuel the country’s religious conservatism.

“We are very concerned. As you may know, there are many feelings in the state and region about the appointment of the Pope from Chiclayo. Ultra-conservatism, fundamentalism, new movements can emerge from evangelical and Catholic roots,” she said.

“More than anything, it is the church that maintains this idea of ​​opposition to abortion, that abortion is a sin and that it is murder. And this continues to be mentioned and repeated by the authorities in Peru.”

Abortion access is significantly limited in Peru. In 2023, the United Nations accused the Peruvian government of violating the rights of a 13-year-old girl who was denied abortion after years of rape by her father and subsequently jailed by local governments after industry.

Yet, for the Pope, Leo’s social progressivism in other fields is generally seen as a “good direction” by some rights advocates.

“We don’t expect the Pope to suddenly go out and defend women’s rights, but perhaps he’s a little more human and will take a position where there is less criticism of women who have stopped their pregnancy,” said Rossina Vazquez, director of the Women’s Rights Group in Peru.

Father Louis Fernando Oblitas, also known as the monk Pipet.

The interest in seeking truth and justice is part of the worldview of Augustine’s priests like Leo, according to Friar Pipé, a teacher at a school run by Augustine on the outskirts of Chiclayo.

“For our Augustines, God is true, and what we are looking for the truth is that we are looking for God,” Pipet said. “What I hope is that Leo can become a pope who is a sign of unity in the church. We can always do better through dialogue and understanding, both within the church and other religions,” he added.

Pipe, 30, was personally dictated by Leo in 2023 and celebrated him with tradition. The blessing of him making a joke now may have played some role in Leo’s chances during the Vatican Conclave last week to choose a new Pope.

He remembers watching the broadcast of the process on YouTube unfolding in Rome, when Leo’s name was called out, where his fellow Augustines were erupting with wows of joy and victory.

in Chikrayano Pope, anything is possible now, Pipet joked.

“Let’s take a look,” he laughed. “When Benedict was Pope, Germany won the World Cup. After that, Francis was Pope, and Argentina won. Now Robert is planning to win the World Cup either Peru or America.”

But for followers like Amalia Kurzado who have little to do with faith, the sense that this is a particularly blessed time for Chiclayo is not a laughing matter.

In her modest neighborhood where Cruzado says the kids are hungry or can’t buy shoes, dust rose as a taxi hits a dirt street on a Saturday night, with the rear window decals saying “Lavendithión de Dios.”

It was finally time for the evening mass.

Her eight-something family was successfully stacked in fresh clothes, from her nine-month-old grandson to her 79-year-old father. Streetlights flash when they arrive, and the police still cover the cathedral stairs for the evening ritual.

Kurzad rolled his grandson into one arm, shepherd his father in front of him, and past crowds took selfies in front of the illuminated portrait of the Pope. The prayer begins soon, followed by a familiar order. Readings from the Bible, the new bishop of Chiclajo, Holy by Communion.

“Daddy! Amigo! Elpu Ebro Esta Contigo!” The congregation chanted in the crowd, blew the air horns away, lifting the kids up in the air as if it were a home team game. “Pope! Friends! People are with you!

“The Pope has two hearts: one for the place where he was born, and the other here, for us, the humble people of Chiclayo,” Kurzad said. “He is our Pope.”



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Giro D’Italia: Runaway Goat tries to turn off his bike in a freak incident during a race

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CNN

New Zealand cyclist Dion Smith was quite terrified during this year’s third phase of Giro do Italy after nearly knocking down a bike on a runaway goat on Sunday.

The strange incident occurred at a 160 km stage of the honorable race that began and ended in Vrolo, the Albanian town, as the Peloton was in a fast descent down the hill.

Smith, riding on Intermarco and Wanty’s team, said he spotted a small pack of goats on the side of the road and moved to the right to avoid a potential collision.

Unfortunately for him, one of the goats decided to dart across the road towards the cyclists’ path.

Presumably anticipating a collision, video footage showed the goat jumping into the air and brushing Smith’s legs and rear wheels.

As a result, the rider was forced into the grass edge, but managed to stay on the bike and quickly rejoined the road. Meanwhile, the goat appeared to have been run off unharmed.

“We didn’t have much time to think about it. We could see it 10 seconds ago. The officers were trying to put them all in. And one or two people started to meet,” Smith said, adding that he still loves animals.

“I mean, what can I say? I didn’t know which way to go, and everyone else left. I chose to the right, but in the end it was fine.”

It is not certain that wildlife caused confusion during Giro D’Italia.

In 2023, the dog caused a goat after driving down the road, and several cyclists forced it to brake in rainy conditions.

After this year’s incident, Smith said he was on guard against stray animals but didn’t expect any problems from the goats.

“We were hoping for a more wild dog, but I think there are more goats here,” he said according to Reuters.

“Albania is great and beautiful to the south here. They’re doing really well and I enjoy it. It was a different experience. Take care of the goats!”



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Are Trump’s tariffs actually slowing inflation? (for now?)

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Another potentially encouraged inflation report this week could go back at least to the surprising source of information President Donald Trump’s sweeping tariffs.

Import fees are expected to dramatically increase prices in the next month or two months as businesses pass most of the additional costs to consumers.

But for now, collections have helped to curb inflation by increasing the fear of a global recession and overwhelm American finances and spending, at least for some services, said Ryan Sweet, US Economics President of Oxford Economics.

Of course, few predictors believe that a temporary decline in inflation is worthy of future recessions.

But this could make it even more difficult for Federal Reserve Chair Jerome Powell to explain why officials are still holding back market-friendly interest rate cuts, especially if employment growth starts to weaken this month.

“If you receive a report of unfortunate work and see the inflation counts well, the market will say, ‘Why don’t you cut off?'” Sweet said.

Trump again assaulted Powell on Thursday, calling him a fool who “has no clue” in a social media post. The Fed chose to stabilize interest rates on Wednesday, with Powell reiterating that Trump’s demand for low interest rates would not affect the Fed’s decision.

Is inflation really declining?

Some of the inflationary alignment effects of Trump’s tariff announcements have already been seen. In March, overall inflation fell to a five-month low of 2.4%, with volatile foods and energy items falling to 2.8%, falling in core majors, which has fallen to its lowest since March 2021, according to the Consumer Price Index. Each month, inflation remained virtually flat.

Trade wars were not necessarily the main reason for benign measurements. Used cars’ prices are up 4% per year, the lowest increase since January 2022, with forecasters predicting inflation slowing earlier this year as prices rise in early 2024 and generating a more favorable comparison with annual measurements.

However, the inflation-attenuated effects of tariffs could last and even expand in the April CPI report released Tuesday, with May being announced as well, Sweet said.

What are your expectations for the CPI in April?

Economists surveyed by Bloomberg said that inflation likely remained stable at 2.4% overall, but Barclays estimates it will be the lowest since February 2021, slightly above the Fed’s 2% target, but has fallen to 2.3%. The core major is projected to be at just 2.8%.

Other forces outside of tariffs may have contributed to mild inflation last month. Oxford said the gentle avian flu crisis has already dramatically reduced wholesale egg prices and could have filtered them to retail prices.

Here are the reasons why tariffs are curbing inflation:

Oil and gas prices

The collection significantly slowed trade and sparked concerns about a global recession, pushing US oil prices down to around $60 from $80 in January, just before Trump announced on April 2 that he would wipe out mutual tariffs.

That’s not the only reason for the price drop. OPEC agreed to increase oil production from April, noted Pooja Sriram, economist at Sweet and Barclays.

Petrol prices fell 6.3% in March, with Barclays estimated that they had immersed 0.4% more last month.

Airline fares and hotel rates

The trade war has discouraged foreign travel, particularly from Canada. Economist in capital economics, Stephen Brown wrote in a note to his client. Although US household spending is generally postponed despite consumer trust, Americans are beginning to ease their spending due to expensive items such as holidays, Sweet said.

It also spurs airlines to cut fares: falling oil prices have reduced jet fuel costs, he said.

Airline fares fell 4% in February and 5.3% in March. Barclays estimates it slides another 2% in April.

Such costs usually rise in the spring ahead of the summer travel season, Sriram said. She said Drop was probably “strung by emotion.”

Financial Services Fees

When the stock market was rounded to an all-time high in February, the fees charged by investment companies were based on the total holdings of swollen clients, which helped to fuel inflation.

However, despite recent gatherings, the tariff-led stock sale brought the S&P 500 index to about 8% off its peak in February. And the market remains unstable.

Such financial services fees do not have much weight in the CPI report, but are made on another inflation measure called the Personal Consumption Expense (PCE) Price Index, which is more closely followed by the Fed.

All of that, Sweet estimates, such an effect could limit annual inflation by about three-thirds of the rate next month or so.

However, he expects tariffs will start to push prices for second-hand cars and other items as early as June, but Sriram believes it will start to accelerate in July. Both economists expect core inflation to rise to around 4% by the end of the year.

“Inflation numbers will look better in April and possibly May,” Sweet said. “But there’s a boost from tariffs to inflation.”



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US-China contract, Edan Alexander, NBA Draft Lottery, Pope Leo

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good morning! 👋🏾 I am Jane, the author of Daily Briefing. You still need to see the May Flower Moon until tomorrow.

Take a quick look at Monday’s news:

US and China reach deals to lower tariffs

The US and China said Monday they have agreed to a contract to cut mutual tariffs as the world’s two biggest economies are trying to end a trade war where financial markets are dominated by financial markets.

Talk after discussion with Chinese officials In Geneva, Switzerland, Treasury Secretary Scott Bescent told reporters Monday that both sides agreed to a 90-day suspension of measures, with tariffs reaching 10% if they exceed 100 percent points.

Hamas releases Israeli-American Hostage Edan Alexander

Israeli extremist groups said Hamas would release Israeli hostage Edan Alexander from Gaza on Monday, but the Israeli prime minister said there would be no ceasefire and plans for an intensifying military campaign would continue. Prime Minister Benjamin Netanyahu said the day after Israel was spoken about Hamas’ decision to release the last surviving US hostage in Gaza, as a goodwill gesture to President Trump, when the battle pauses to allow Alexander a safe passage. The release was able to open up a way to unlock the remaining 59 hostages held in Gaza after a talk between Hamas, the US, Egypt and Qatar. read more

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Trump says he will sign an order aimed at reducing drug prices

President Trump said he would sign an executive order enacting a “most favourable national” policy for drug pricing, and that he would revive the plan from the first semester, saying that prescription drugs and drug prices would be reduced by 30% to 80% almost immediately. The order Trump is expected to sign at 9am on Monday is expected to direct the U.S. Department of Health and Human Services to adopt the policy to set prescription drug prices in line with that of a comparable country. Details of the order that drew immediate resistance from the pharmaceutical industry were unknown. read more

Pope Leo urges the media to end the divisive nature

In his first speech to the media on Monday, Pope Leo called for the end of a polarised “war” created by partisan and ideological attacks, giving no space for fanaticism and hatred. Speaking to thousands of media members around the world who covered his election and the death of his predecessor, Pope Francis, Leo called for the release of a reporter who was jailed for doing their job. He added that artificial intelligence should be used in “responsibility and identification.” read more

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The NBA Draft Lottery is here

Where will Duke Freshman Star Cooper Flag play next season? Last number one in 2010, Washington Wizard can draw flags in the lineup alongside Alex Sarle, Bilal Cool Liverry and Bub Carrington. The Utah Jazz have never won the No. 1 overall pick, and the Utah front office led by Danny Ainge and Justin Zanik are hoping to win the draft lottery. They are sending co-owner Ashley Smith to Monday’s NBA Draft Lottery for good luck. Draft lottery is a system used by the NBA to determine draft orders for 40 years. This is what you need to know.

Photo of the day: Chicagoans pack pue to celebrate the pope on the South

Rome, an ancient city and historic home of the Catholic Church, felt it was close to the south on Sunday as Chicagoans still knew the reality that their neighbours son became the first American pope in history. Pope Leo XIV was born about three miles south of Chicago’s iconic Downtown Loop area, and first learned his faith in a suburban parish south of the city. Surprised residents were cStrengthening news since his election at Conclave last week.

Sign up for our daily briefing email here. Reuters contributed to the report.



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Highlights, NBA Playoff Results

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The Indiana Pacers lead 3-1 in the Eastern Conference Semi-Final Series with the Cleveland Cavaliers.

Mylar Turner and the Pacers built a dominant performance in a 129-109 win over the Cavaliers on Sunday night.

Turner had 20 points and 7 rebounds for Indiana. Pascal Siakam finished with 21 points and six rebounds.

Darius Garland scored 21 points and six assists in the Cavaliers’ loss. Donovan Mitchell did not play in the second half due to an ankle injury reported. His status in Game 5 is uncertain.

Tensions were high between the two teams in the first quarter, featuring interactions between Pacers guard Benedict Maturin and Cavaliers forward DeAndre Hunter. Mathurin was given a Flagrant 2 foul to hit the hunter and was kicked out of the game.

USA Today Sports provided Game 4 updates and highlights between the Cavaliers and Pacers.

https://www.youtube.com/watch?v=eazcomvouj0

The Pacers had three players with over 20 points throughout the first three-quarters of play. Pascal Siakam had 21 points and six rebounds. Miles Turner and Obi Toppin each scored 20 points.

Darius Garland scored 21 points for Cleveland.

Donovan Mitchell didn’t score in the third quarter and returned to the locker room during the period. Mitchell reportedly dealt with an ankle injury and was listed as suspicious of returning to the game.

The Pacers continued to overwhelm the Cavaliers throughout the first half, finishing with a 19-2 scoring run to close the second quarter. The Cavs didn’t lead the first half.

Indiana successfully made it from the 3-point line, finishing the first half with 60% after shooting 50-30.

The Cavaliers struggled from long range and shot 19-5 (26.3%).

Miles Turner scored a game-high 18 points in the first half. He shot 11-7 from the field, including 4-4 ​​from the 3-point line.

Obitopin was 13 points away from the Pacers’ bench. Donovan Mitchell scored 12 points for the Cavaliers.

The Pacers built a solid lead during the opening period after leading by 19 points in the game against the Cavaliers.

Things got chippy in the first quarter, with the Pacers moving DeAndre Hunter forward with Benedict Matlin and the Cavaliers at the center of the exchange.

Mathurin was given a terrible two foul to hit the hunter with “closed fist”. Mathurin was kicked out of the game.

The Hunter retaliated with his entry into Mattrin. Miles Turner also recently intervened, pushing the Hunter. Both Turner and Hunter were given the skill.

What time is the Cavaliers vs. Pacer Game 4?

Game 4 between the Cleveland Cavaliers and the Indiana Pacers will win a chip at Gainbridge Field House in Indianapolis on Sunday at 8pm.

How to watch Cavaliers vs. Pacer Game 4 4: TV, Stream

  • time: 8. pm
  • position: Gainbridge Field House (Indianapolis)
  • tv set: TNT, trutv
  • stream: fubo, Max

Watch Cavaliers-Pacers Game 4 on Fubo

Cavaliers vs. Pacers NBA Playoff Schedule, Results

(Pacers Lead Series, 2-1)

  • Game 1: Pacers 121, Cavaliers 112
  • Game 2: Pacers 120, Cavaliers 119
  • Game 3: Cavaliers 126, Pacers 104
  • Game 4: Pacers’ Cavaliers | Sunday, May 11th | 8pm | TNT, TRUTV, MAX, SLING TV
  • Game 5: Cavaliers’ Pacers | Tuesday, May 13th | TBD | tnt, trutv, max, sling tv*
  • Game 6: Pacers’ Cavaliers | Thursday, May 15th | TBD | espn, fubo*
  • Game 7: Cavaliers’ Pacers | Sunday, May 18th | TBD | tbd*





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Trump wants more US drug factories, but tariffs can raise prices

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Amid a trade war that could strain imports of life-saving drugs, President Donald Trump wants to ease restrictions and strengthen domestic drug production.

On May 5, the president signed an order directing the Food and Drug Administration to speed up approvals and to eliminate duplicate or unnecessary regulations that would slow businesses seeking to build pharmaceutical factories in the United States.

The order arises as the Trump administration plans to assess tariffs on drug imports, and drives proposals to link drug prices to lower amounts paid by foreigners.

The pharmaceutical industry remains wary of tariffs and pricing, but authorities welcomed the push to stimulate domestic manufacturing. The global drug supply chain has allowed pharmaceutical companies to manufacture cheap drugs with fewer regulatory barriers, but experts say it is consistent with persistent challenges such as drug shortages.

Civicarx is a non-profit, generic drug company formed by hospitals and charities. The entity has built a US facility to strengthen the supply of drugs that are facing shortages.

“There’s been a 30-year trend that this industry is coming out of the US,” said Allan Coukell, Chief Government Affairs and Public Policy Officer at Civicarx.

Although shortages are also occurring at U.S. facilities such as Baxter’s North Carolina plant, Coukell, the leading IV fluid supplier, which was temporarily closed last year due to the floods at Hurricane Helen, cited a shortage of drugs made overseas in a low-cost country. This trend is driven in part by economic pressure to create inexpensive generics.

“So it’s good to make sure we have a robust industry for home remedies,” Koekel said.

Trump is promoting new drug factory as tariffs are looming

In a fact sheet distributed by the White House on May 5th, Trump said the building’s factory would take five to ten years. “This is unacceptable from a national security perspective,” he said.

The White House highlighted Gilead Sciences’ plans on May 7th, which announced that it would spend another $11 billion on US projects over the last decade. Gilead said in addition to the $21 billion announced investment, the spending will pay for three new facilities, three existing sites, and new technology. The president also promoted projects announced by 10 pharmaceutical companies, including $500 million at the Abbott Institute on Texas and Illinois sites, and a plan to spend $27 billion on building four new US factories.

When Trump announces that he will announce “massive tariffs on drugs” imported into the US within two weeks, it will create a spotlight for domestic manufacturing.

Pharmaceutical industry experts warn that patients are likely to ultimately see a shortage due to higher prices and tariffs.

Drug industry trade group Phrma praised Trump’s plans to accelerate domestic production, but the group said drug makers have historically been exempt from tariffs.

“Every dollar spent on tariffs is a dollar that cannot be invested in American manufacturing or in developing future treatments and treatments for patients,” said Alex Schriver, Senior Vice President of Public Relations for Phrma.

Scriver added that the pharmaceutical company shares Trump’s goal of energizing US manufacturing, and recently announced billions in domestic investments. But “putting tariffs on drugs would have the opposite effect on these efforts,” Scriver said.

In a May 7 comment letter to the Commerce Department on potential tariffs, the American Cancer Society warned that the market for generic, sterile injectable cancer drugs is “multi-national and vulnerable.”

In 2023, a lack of risky access to the chemotherapy drug cisplatin has accessed patients. The shortage came when Indian factories that supplied half the US market were closed to resolve quality issues.

An assessment of tariffs on drug imports risks damaging the supply chain, “advancing shortages and putting the health and safety of Americans with cancer at risk,” a cancer patient advocacy group said in a letter.

Other groups warned of potential confusion if the Trump administration plans to tie Medicaid drug prices to the same amount that foreign countries pay for these drugs. According to Bloomberg, the drug pricing proposals could cost as much as $1 trillion over a decade.

The Alliance for Aging Research said the White House proposal and the broader bill introduced with such pricing is “a fraud for American beneficiaries.”

Overhauled overseas inspections

Trump’s domestic manufacturing order seeks to eliminate FDA commissioner Marty McCurry saying it was a “double standard” – “Although American manufacturers are bound to strict standards without such warning,” foreign drug factories receive a high-level warning before testing.

The FDA has suspended the most routine on-site inspections of drug factories overseas during the first two years of the Covid-19 pandemic. According to a 2022 report from the US Government’s Accountability Office, from October 2020 to April 2021 to April 2021, 18 overseas inspections of factories, mainly in China, were completed with 18 “priorities.”

In a statement on May 6, the FDA said it completes approximately 12,000 domestic and 3,000 foreign tests each year.

Even with advanced notifications, the FDA said it was defective twice as often at overseas facilities.

The FDA said it would review policies to improve government agencies’ foreign testing programs. In the change, the FDA said it would develop a policy specifying that FDA inspectors must refuse accommodation and transportation from drug and device companies in order to “maintain the integrity of the monitoring process.”

The FDA said it is permitted to take action against companies that “delay, deny or limit the inspection” or that deny access to the site.

“This is an important step for the FDA as part of a broader strategy to keep foreign testing on track,” McCurry said.

Some analysts question what authority the FDA will have if overseas pharmaceutical companies refuse to allow inspectors on-site.

“What happens if a trading partner simply refuses to test? What leverage does the FDA have? Zip. Zero,” said Rosemary Gibson, senior advisor at Hastings Center, in a social media post.

In her book, “China RX: Exposing the Risk of Reliance on China on Medicine,” Gibson examined China’s growing role in the global pharmaceutical industry.

She admits that the FDA may not have the authority to force overseas inspections from factories that it denied, but she said drug buyers could benefit in other ways.

The executive order directs the FDA to disclose inspections by the state and manufacturers. Government agencies and US companies that buy drugs may want to know if their overseas factories follow US rules and standards, Gibson said.

“That information can be used to inform you of your purchase decision,” Gibson told USA Today. “And they can direct the procurement of medicines from manufacturers that respect and comply with US standards.”



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The Chicagoans celebrate the first Sunday after Pope Leo XIV’s election

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All of Chicago, church participants attended Sunday Mass. He is surprised and cheered about the Pope elections of the Indigenous Peoples on the south side of the city. They told the story of when he was Robert Prevost.

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Chicago – Rome, an ancient city and historic home of the Catholic Church, approached the south on Sunday as Chicagoans still knew the reality that their neighbour’s son became Pope, the first American.

Pope Leo XIV, successor to Pope Francis, was born about three miles south of Chicago’s iconic Downtown Loop area, and first learned his faith in the diocese suburbs south of the city. The stubborn residents have been celebrating the news since last week’s election at Conclave.

“That’s great,” said David Williams of Southsider, who attends a packed Mass at the Cathedral of Holy Names. “Now we are known for Michael Jordan, Al Capone and Pope. Chicago Holy Trinity. Let the public decide what order they want to put in.”

Leo’s election came as a complete surprise in Chicago. The city of 2.6 million has long been known as a Catholic fortress in the United States. However, the pope of the nation was seen as unthinkable given America’s power over the world stage.

Now that Leo is elected, some say Chicagoans are actually what the world needs.

“It shows us that Jesus brought us from very wealthy to very poor,” said Williams, 62. “This is a wonderful extension of Christian tradition.”

His wife, Frida Williams, expects him to reach all.

“Chicago is multicultural, so they really got people who are multicultural,” the 68-year-old said. “They really have someone to represent all of the people.”

Parishs of the church, located just north of the loop, said Mass on Sunday after Leo’s election was more crowded than Easter.

Leo’s first public in Chicago after the election is tempting for South Side Native to deliver his own first Sunday speech at St. Peter’s Square, warning of the “fragmented” World War III and seeking peace.

Around his hometown, the church was decorated with yellow and white flags of the Vatican, and the people of the church cheered “Viva Papaleo XIV.”

Leo loves Chicago, Cumbia and tennis, Bishop says.

The assumption of St. Mary, the church where Leo studied his faith, is closed, but the other institutions he served remain, so too are many people who knew him when he was just Robert Francis Prevost.

Outside Southside Church on Sunday, Bishop Daniel Turley spoke about the moment he learned that Leo would become Pope. He was at his Chicago home for the Augustinians when white smoke began to become bold from the Sistine Chapel in the Vatican city, informing the world that a new Pope had been chosen.

Tarley, 82, thought it could be his old Augustine brother and a companion to Southsider: Robert Previst.

“I thought it was him, I really did,” Tarley said. “That wasn’t a surprise at all.”

The two Augustines took a strange similar path. They both grew up in the Southern parish on a 20-minute drive. Both joined the religious order, focusing on service as a way to God, and both served in Peru.

Tali was bishop of Chulcanas, located near the border with Ecuador and north of Chiclayo, with Leo serving as bishop. Tali is also a double Peruvian citizen.

“It’s really something – he’s from Chicago. He really loves Chicago and he knows it well,” Turley said. But “He really has the spirit of a missionary, so I think he’ll carry it with him as Pope, so he’s really going to have a great interest in the whole world.”

Turley soon knew the Pope as a fan of the White Sox, avid tennis player and lover of Common Common Common Common in northern Peru.

According to Turley, serving as missionaries in a South American country gave them a special thanks for their faith.

“People are truly holy people who put extra effort on you,” he said. “It strengthens your faith when you meet good people and there are plenty around them.”

To attend Mass, it felt like walking on sacred ground.

Daily Southern parishioners remember Leo from behind when he was Cardinal Prevost.

“We were really excited to come to church today, as if we were walking on sacred ground,” said Alondra Aribia, in St. Rita, Cassia, a home south of Augustine’s Religious Order Leo, once headed over. “He came from home, this is our parish, it’s very beautiful.”

Aribiar, 29, was attending a four-month Mass with her husband Alfredo and her boy Theodore, 14 months old and Lucas.

The family saw the front be made of cards of the time on the south side, just like last year, when he congratulated them.

“It’s as close as you could see the Pope for us,” the 32-year-old father said. “We are shocked. We are blessed, happy, and we are going home.”

Can Leo convert this Cubs fan?

Among the church fans celebrating the news at Mass on Sunday were Ted and Katie Colbbs to visit his son Nathan in town.

The 53-year-old Catholic pair said they never imagined they could see the American pope, let alone Americans from the Midwest.

“It’s especially exciting to be here,” Katie said.

Nathan, 25, was also excited even if the Pope was a White Sox fan.

“I’m more of a Cubs fan,” he said.

When Pope Leo was asked if he could convert him, he dizzed.

“Maybe it’s not, they’re pretty bad,” said an office worker in downtown. “But he can help turn things around.”



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Sabbi King: Angel City Defender “Responsive” after collapsed during the NWSL game

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CNN

Angel City defender Sabbiking was hospitalized after collapsed in a Friday night National Women’s Football League (NWSL) match against the Utah Royals, but “responds,” her club said in a statement.

The 20-year-old fell to the ground in the 74th minute, attended by health workers who appeared to be administering cardiopulmonary resuscitation (CPR) on a per Reuters basis.

About ten minutes after it collapsed, King put an oxygen mask on his face and stretched out of the field.

Angel City said she was taken to the hospital by emergency medical services and has received further evaluations.

After the game, the 2-0 win for Christen Press and Alyssa Thompson goals was joined by one another as both sets of players pray to the king.

Some of the players who appeared visibly struggling were reopening after King left the field. This is a decision criticised by Royals head coach Jimmy Coenraetz.

“I don’t know if I should continue the game,” the Belgian said after the match.

“Not only were they scared, our players, but I don’t think it was the right position, it wasn’t the right situation, but in the end we played.

Medical staff attended the Sabbi King for about 10 minutes before reaching out of the field.

King, who was selected as Bay FC for the second overall pick in the 2024 NWSL Draft, started all eight Angel City games this season and joined the club in February.

Prior to joining the NWSL, she played at the University of North Carolina and made multiple appearances on the U.S. Youth Varsity Team at the Under-17 and Under-20 levels.



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The ceasefire between India and Pakistan is hopeful that the worst battle will be over in decades. Here’s what you need to know

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CNN

The agreed ceasefire between India and Pakistan highlights its commitment to a surprising ceasefire that halted the worst battle between nuclear neighbours in decades, and both sides appear to be embracing.

The flare-up was caused by a massacre of tourists in Kashmir, managed by India last month. The cross-border military strike began Wednesday, killing dozens of people.

CNN has since understood that it has been held, but there have been reports of violations from both sides shortly after the ceasefire was announced on Saturday.

US President Donald Trump was the first to announce a ceasefire, and claimed credit for Washington’s role in securing that, but accounts emerged that were contradictory about the extent of US involvement.

This is what you need to know.

Just before 8am on Saturday, around 5pm in India and Pakistan, Trump announced a ceasefire in a post about the True Society.

“We are pleased to announce that after a long, US-mediated night of talks, India and Pakistan have agreed to a complete and immediate ceasefire,” Trump congratulated the leaders of both countries, who “use common sense and great intelligence.”

Shortly afterwards, Secretary of State Marco Rubio argued that India and Pakistan had not only agreed to a ceasefire, but also agreed to “open consultations on a wide range of issues at neutral sites.” Rubio said the ceasefire came after he and Vice President JD Vance spoke to senior officials from both countries over the past two days.

Both sides confirmed the contract immediately.

Indian Army officials are standing next to explosives carried by drones after being intercepted by Indian air defense systems on the outskirts of Amritsar on May 10, 2025.

CNN correspondent explains what we know about the India-Pakistan ceasefire

05:52

India’s Ministry of Information said the agreement was “directly between the two countries,” disregarding US involvement and contradicting Trump’s claims. The ministry also said there was “no decision” to hold further consultations.

However, Pakistani officials praise Washington.

“We appreciate President Trump’s leadership and his active role in regional peace,” Prime Minister Shebaz Sharif said.

A Pakistani source, well-versed in negotiations, told CNN that the US, Rubio in particular, has been working hard to launch the deal, drawing pictures of suspicious talks until a ceasefire is confirmed.

The deal was even more surprising given the fight continued as both sides accused each other of attacking military bases, causing further fears of escalation.

It is no surprise that these bitter rivals gave contradictory explanations about how they reached the ceasefire.

India, considered a regional superpower, has long resisted international mediation, but analysts say Pakistan, which relies heavily on foreign aid, tends to welcome it.

“We have never accepted mediation in India-Pakistan, India-China or other conflicts,” said Dr Aparna Pande, an Indian and South Asia researcher at the Hudson Institute, a think tank in Washington, DC.

“On the other hand, Pakistan has always sought international mediation, so they will praise it,” she added, “it is the only way to put pressure on India to discuss and resolve the Kashmir conflict.”

The battle before Saturday’s ceasefire was characterized by claims, counterclaims and misinformation from both sides. Now that the conflict has paused, both sides are stepping up their efforts to shape awareness of what the battle has achieved and how it ended.

On Sunday, India’s defense minister said New Delhi sent a bold message to terrorists, but the Air Force welcomed its “accuracy and professionalism.”

On Saturday we pass a house damaged by Pakistan's strike in Jammu, a Kashmir city managed by India.

The round of combat began in Kashmir, which has been a flashpoint due to India-Pakistan relations since the two countries became independent from Britain in 1947.

Both countries, emerging from the bloody division of Britain’s India (Hindu majority India and Muslim majority Pakistan), have fully advocated Kashmir despite only controlling a portion of it. A few months after their independence, they fought the beginning of three wars over the territory.

On April 22, the gunman fired on tourists at a popular travel destination in the Indian-controlled mountainous region of Pahargam, Kashmir. At least 25 Indian citizens and one Nepal were killed in the massacre.

New Delhi quickly denounced Islamabad, accusing him of supporting “cross-border terrorism.” Pakistan has denied any involvement in the attack.

Two weeks after the Pahargam Massacre, India launched a series of strikes in Pakistan and parts of Kashmir it holds on Wednesday, calling the attack “Operation Sindoor.”

The theatres of conflict since then are much wider than in previous rounds of combat, and both sides are deeply surprised by the other territories.

Just two days ago, JD Vance downplayed the possibility of US influence as the Indian-Pakistan conflict swirled.

“What we can do is try to encourage these people to escalate a bit, but basically none of our businesses are involved in the middle of a war that has nothing to do with America’s ability to control it,” Vance told Fox News Thursday.

Vance’s face is a measure of how much interest the United States and the wider international community are in by the escalating conflict between the two nuclear forces.

Trump administration officials told CNN after receiving astonishing information on the extent to which the conflict escalated on Friday, the State Department felt they had no choice but to play a bigger role in the talks between the two sides.

Although initially it appears to be fragile, both sides appear to support the conditions for a ceasefire on Sunday.

India’s Foreign Secretary Vikram Mithri accused Pakistan of repeatedly violating the ceasefire agreement on Saturday after explosions were heard in both India and Pakistan-controlled portions of Kashmir.

Pakistan also accused India of committing violations, but emphasized that it is “still committed to the faithful implementation of the ceasefire.”

Since then, CNN understands that there have been no fresh missile strikes or drone flights. However, Indian defence sources told CNN Sunday that the air force’s operational preparations remain high.

In the wake of the tourist massacre, the two announced many other retaliations: visa suspension, trade bans, India has halted participation in important water sharing agreements. It is still unknown whether such a move will be reversed.

Correction: This work has been updated with the correct date of the Indian-controlled Kashmir tourist genocide.



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The US and China arrive at a deal to reduce mutual tariffs

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Geneva, May 12 (Reuters) – The US and China said Monday they have agreed to a contract that cuts mutual tariffs for now as the world’s two biggest economies are trying to disrupt global outlook and end a trade war that has set financial markets dominated.

After talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bescent, Treasury Secretary, has both sides agreed to a 90-day suspension of measures, and tariffs will reach 10% if they exceed 100 percent points.

“Both countries represented their national interests very well,” Bescent said. “We both have an interest in balanced trade. The US will continue to move towards that.”

Bescent was talking with US trade representative Jamieson Greer after a weekend cooperation. In the discussion, both sides welcomed progress by narrowing the differences.

The Geneva conference was the first face-to-face interaction between senior US Americans and Chinese economic officials since US President Donald Trump returned to power and launched a global tariff blitz, imposing particularly large obligations on China.

Since taking office in January, Trump has hiked 145% of the tariffs paid by US importers on goods from China. He also imposed the obligations he imposed on many Chinese products during his first term, as well as the Biden administration’s obligations.

China fought back by placing export curbs on several rare earth elements, placing export curbs on those essential to US weapons and electronic consumer goods manufacturers, and increasing tariffs on US goods to 125%.

The tariff dispute has halted nearly $600 billion in two-way trade, disrupted supply chains, caused stag horrors and several layoffs.

Financial markets are looking for signs of a trade war thawing, with futures from Wall Street stocks climbing, and Dollar, who faced off a safe buddy on Monday, turned into a safe shelter as he hoped the global recession would be averted.

(Dave Graham, report by Emma Farge and Olivia Le Podevinette)



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The Colorado Rockies have a historically bad start to the season. They fired their manager the day after a 21-0 defeat

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CNN

In all games, the Colorado Rockies season appears to be getting worse. And the day after a historically bad loss, the team parted ways with manager Bad Black.

Despite snapping an eight-game losing streak in Sunday’s 9-3 victory, Black “was released from his duties” after compiling a 543-690 record since being nominated as manager in 2017.

Rockies owner, chairman and CEO Dick Monfort called the team’s performance this season “unacceptable.”

“Our fans deserve better and we have better abilities,” Monfort said in a statement. “We all share our responsibility for how this season unfolds, but these changes are necessary. We can use the rest of 2025 to improve potential locations on the field, evaluate all areas of operations, and turn the page into the next chapter of Rockies baseball.”

Along with Black, bench coach Mike Redmond was also fired, and Monfort thanked him for his “contributions to the team over the last eight years.”

3 Base coach Warren Schafer was appointed interim manager until the end of the season.

7-33, they tied the Baltimore Orioles in 1988 and endured the worst start of the season. Before that, we need to go back to the modern day of baseball, back to the 1884 Kansas City Cowboys and the 1876 Cincinnati Reds, find another team with such a bad record this season.

And on Saturday they had another historically bad night, succumbing to a 21-0 loss against the San Diego Padres at Coorsfield.

It was the Rockies’ worst shutout loss in history, the Padres’ biggest winning margin, and the shyness of the league’s biggest shutout victory since at least 1900.

Padres pitcher Stephen Collect made history with the biggest shutout ever, comparable to the Red Ruff in 1939 and Ed Sheaver’s record for the biggest individual shutout in 1901.

“I actually feel pretty good right now,” Korek then celebrated him with cool water. “It’s great, I’m just grateful.”

San Diego Padres outfielder Jason Hayward celebrates his four innings three-run home run with Gavin Sheets and Jackson Merrill.

And that could have been even worse for the Rockies. At the top of the six innings, the Padres had already taken a 20-0 lead and had spent the course trying both the MLB records of runs in the game (30) and hits (33). As it was, San Diego finished with 21 runs and 24 hits.

“You feel a lot of people, right?” Rockies general manager Bill Schmidt told reporters on Saturday before the franchise losses. “Because there are so many people who care, you keep trying to crush it, and that’s all you can do.

“We know it’s better than we played. We’re not good now. We have to fight through it and go out to the other side.”

The Rockies were stepped in due course with injuries to key players like Gold Gloves’ Shortstop Ezekiel Tval in 2024 and former NL MVP Chris Bryant.

“We have to get people back. That’s a big deal. We try to endure the storm,” Schmidt added.

Their losses this season are so biased that they allow 134 more runs than they scored, with 65 worse than the closest team in MLB.

The Rockies’ struggle came after the Chicago White Sox lost 121 games last season, setting the most lossless record of the modern season of baseball. At the moment, the Rockies are on track even in its tally, but of course there’s still a long way to go.



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Bridge architects and quiet reformers. How Pope Leo leads the Catholic Church

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Rome
CNN

I met a man who would become Pope Leo XIV in October 2023. We were standing outside the synod hall of the Vatican. A brief conversation with Cardinal Robert Prebust revealed that he was caring and had a certain presence about him.

Our conversation took place on the bystanders of the Vatican’s major parliamentary focused on church reform efforts. It was part of a multi-year process that began by the late Pope Francis, who grew out of his hospital bed as one of his ultimate acts of power.

Inside the hall of a large gathering in 2023, and again in 2024, participants like Prevost were given the opportunity to sit at a roundtable meeting, where everyone was given the opportunity to speak the same assigned length. The future Pope, like other Cardinals and Bishops, works with people all over the world, including women in particular. The Vatican synopsis gathering had not been held in that style before, and for the first time included female voters who had a say in agreeing to the final document.

Just six months later, Prevost (now Pope Leo XIV) is no longer one of the many participants at the table. He is at the helm of the church and aims to continue this reform process in the same direction.

“He is a great kindness man and a great listener,” Tony Banks, a friend of the new Pope and an aide to the religious order of St. Augustine, told CNN. He said Leo would “make Francis’ reforms a very concrete form in terms of theology and practice.”

When Pope Leo spoke on the balcony of St. Peter’s Cathedral shortly after the election, he signaled, “We will work together as women and men, and walk with you as a united church in search of peace and justice.”

Leo is likely to continue what Francis started, but in his own modest yet determined style. His election, at 69, shows that the Cardinals hopes the Pope will institutionalize the Pope’s reforms that last for decades.

Their centrality are questions about women’s roles, the exercise of power in the church hierarchy, and the movement towards more missionary churches that emerge from their comfort zones.

Before the white smoke rose, the world’s most famous American was President Donald Trump. Pope Leo XIV, the first American pope, changed that.

By electing Prevost, Cardinals ensured that the Pope was a prophetic voice for the world stage that could serve as a Trumpism counterweight.

Pope Leo is a united man who doesn’t seem to choose a fight, and his focus on building bridges, dialogue and supporting immigration stands in contrast to the Trump administration.

In his first speech to the post-election cardinal, Pope Leo pledged a “full commitment” to the teachings of Vatican 2, the bishops’ gathering of bishops from 1962 to 1965.

Pope Paul VI led the second Vatican Council on September 29, 1963 at St. Peter Basilica.

He argued that this meant “loving care for the least and rejected” and “a dialogue of courage and trust.”

Vatican II council attempted to emphasize the church as a voice of marginalized people (the “prophetic voice”), particularly embraced by the Central and Latin America, where future Pope Leo served for decades.

The bank said the new Pope was “very interested in social issues and marginalised things.” Augustine’s order, with Pope Leo elected to lead in two terms, focuses on community building.

The post, created on the X account in the name of the new Pope, reposted articles and posts critical of the Trump administration’s immigration policy, but those who know Pope Leo say he is not naturally at odds with him.

“I don’t think he’s the one who chooses to fight people, but if the cause is just him, he’s not the guy who’s going to back down,” said Cardinal Joseph Tobin of Newark, New Jersey, who had known Pope Leo for a while as his friend “Bob” Prebust.

Same-Gender Blessings, Women’s Ordination – Regarding the hotly contested topic within the church, the new Pope is trying to adopt an attitude rather than making bold changes.

In 2012, Prevost gave a speech criticizing “sympathy for anti-Christian lifestyle choices” seen in mass media, including same-sex couples and “their adopted children,” but said 11 years later his position developed “in the sense of the need for the church to open and welcome.”

Sister Natalie Bekart, who works at the Vatican at the Synod office, was recently the Pope’s neighbor between him, who worked in the office for the appointment of the Bishop. She told CNN that he “is easy to have a conversation” and that he is “a very simple, humble person.”

When he was bishop of Chiclayo in Peru, Beckert says he assured the woman that she was in leadership position in his parish.

Like Francis, he is unlikely to try to change the doctrine of the Church, but will take a firm stance on topics such as migration, peace, and the environment.

“He’s not the one who tells you what he’s against you, he’s trying to tell me what he’s doing for and what it’s important about him,” said brother Mark O’Connor, a brother who runs communications for Australia’s Parramatta Parish. O’Connor knows Pope Leo quite well.

“He’s the opposite of cultural warriors,” he said. “I don’t think he believes in fighting about doctrine, changing it or even talking about dogmatic issues.”

As the church moves into a new era, one topic he has to deal with is administrative sexual abuse.

People celebrate by waving a flyer of newly elected Pope Leo XIV during his Mass of Honor in Chiclayo, Peru on Saturday.

Given his time as a former leader of the religious order, and the director of the Vatican office for bishops, he has experience dealing with abuse cases. One survivor group criticized the handling of several cases while leaders of the Bishops’ Conference of Peru praised Prebust’s ministry for abuse of survivors.

Leo has a doctorate in Canon Law from the Church, and equips him with the challenges that ensure that existing church laws apply to investigate cases and hold leaders accountable.

The new Pope is also believed to play a key role in the restraint of Christianae vitae, a powerful Peruvian group plagued by allegations of abuse.

Traditional wisdom said it is impossible to have a pope from the United States.

However, in Pope Leo XIV, the church leaders chose those who had worked in Latin America for decades and had global experience called citizens of the world.

At a time of growing divisions, wars and conflict, the 2025 Conclave opened an extraordinary new page for the church, choosing Leo, the bridge builder and quietly prophetic Pope.



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President Trump accepts Qatar’s royal luxury jet: Report

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The New York Times and ABC News reported that the plane would be used as an Air Force and would later be donated to Trump’s Presidential Library.

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WASHINGTON – President Donald Trump is poised to embrace the luxurious Boeing 747-8 jumbo jet of Qatar’s royal family, converted into a new air force, according to multiple news reports.

The New York Times and ABC News reported that the plane would later be donated to Trump’s Presidential Library. According to the Associated Press and Times, Trump will be making his first major foreign trip to the Middle East this week, making his major foreign trip to the Middle East this week.

Trump appeared to confirm plans to accept the plane as a gift, as he denounced democratic critics of the exchange in his evening post on True Society on May 11th.

“So the fact that the Pentagon is temporarily receiving free gifts from 747 aircraft to replace the 40-year-old Air Force with a very public and transparent deal is causing planes to plague the bent Democrats we insist on paying. Anyone can!” Trump said. “Dem is a world class loser!!”

The emoluments clause of the Constitution prohibits anyone who holds in his position from accepting any kind, duties, or title of any kind, from a king, prince, or foreign state, without the consent of the Congress.

ABC News reported that Attorney General Pam Bondy and Trump’s top White House lawyer David Warrington have concluded that jets are “legally acceptable” as long as they are moved to Trump’s presidential library before his term ends.



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Analysis: India and Pakistan both claim a US-mediated post-cease victory, but there are no winners in this conflict

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New Delhi
CNN

As they say, victory has a thousand fathers, but defeat is an orphan.

And it follows a brief but mocking conflict between nuclear rivals India and Pakistan, with both sides quietly speaking out loud at the loss of downplay.

India’s desperate TV news channel saw the headline “Pakistan’s surrender” splattering all over the screen minutes after the US-brokered ceasefire took effect.

India’s military action against Pakistan, which was triggered by the murder of tourists in Kashmir, managed by India last month, was later said by Indian defense minister Rajnath Singh.

Meanwhile, in Pakistan, crowds gathered in the capital city to celebrate what Prime Minister Shebaz Sharif described as “military history” achieved by “a magnificent method and brave army.”

“A few hours later, our jets silenced Indian guns in a way that history would not soon forget,” Sharif said.

However, this was an eruption of violence between two nuclear-armed neighbors that were hit hard by both sides.

Pakistan trumpeted the success of the air, claiming that the pilot had fired down five Indian fighters in an air battle, as a stabbing humiliation to the Indian Air Force.

As CNN previously reported, two planes crashed across the Pakistan border in the Indian state around the time Pakistan claimed it had shot down the Jets, and a French intelligence source told CNN that Pakistan had defeated at least one Indian Rafale.

However, Indian officials still refuse to admit even the loss of a single aircraft.

Meanwhile, India has released new satellite images showing serious damage to air strips and radar stations that Indian defense officials say are multiple Pakistani military bases that are crippled by massive Indian airstrikes.

In other words, political and military leaders of India and Pakistan can spin it as they please, but there is no clear winner in this conflict.

There was even a struggle to clearly praise the US-brokered negotiations that led to a ceasefire, and President Donald Trump announced from almost blue on his true social platform.

US Secretary of State Marco Rubio said he and Vice President JD Vance had called political and military leaders on both sides to urge them to hold them down amid the rapid deterioration of the weekend’s security situation, which has been rapidly deteriorating over the weekend.

Pakistani officials expressed their gratitude for the intervention. But Indian leaders are playing the role of the United States.

The reason for this is likely to be driven by the pride of the people, with Indian officials trying to admit that they were imposed on them by the US or even on intermediaries.

India also has a long-standing policy of refusing to allow foreign mediation in regards to the situation in Kashmir (a disputed zone as claimed by both India and Pakistan).

Nevertheless, perhaps supported by his quick ceasefire victory, President Trump offered to help find a lasting solution “million-years later” on Kashmir. Inevitably, Pakistan welcomed the idea, but India was deaf.

However, the offer reminds us that the US-brokered ceasefire is merely a quick fix. This rarely addresses remotely basic frustrations that burn what is actually a decades-old conflict over the state of Kashmir.

And if Indians and Pakistanis think that victory claims are yelling a bit now, wait until the inevitable simmering Kashmir conflict inevitably boils again.



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