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UK decides it wants to join single market in Europe.

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Reform gets 26% of the vote for 30% of the seats, Greens 16% of the vote in 2026 Local elections in Britain. Labor losses and Conservative party losses were significant. The Liberal party lost slightly in seats.

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Plaid Cymryu party wins 43 seats, Reform 34 seats in Wales, ending Labour's dominance in Wales in 2026 local elections for Council seats.

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BP has serious problems with its corporate culture, and with management board that has failed in finding a good CEO and a good chairman. BP chairman Manifold from a Irish Building Supplies company is removed for being too aggressive and "shouty," belittling colleagues. This is the thrid chairman in a short time and happens when a new CEO joined in April. The previous CEO was let go because of his green strategy and net zero goals that led to a decline in profits. The new CEO's job was to withdraw from the green strategy to tackle climate change and transition away from fossil fuels.

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Media headlines focused on Xi's statements on Taiwan. China is concerned that US not recognize Taiwan independence, but not much beyond that. China puts Iran much lower on the list of issues it considers important. It appears that China first priority is to be accepted as an equal partner with the US as a superpower. That is Xi's goal in this trip. Issues of Hormuz and Iran not something China considers important. China has an interest in a non-nuclear Iran, in no nuclear weapons proliferation. As the US has made this a priority China prefers to be not vocal on this issue, as it relies on the US to see this is done. A secondary priority for China is to have the US agree that China could continue to import from the Hormuz Straits to met its oil needs. As China has relations with Arab states it is carefully balancing this with relations with Iran. What does this mean? It means China and US are in considerable agreement on the current situation in the Gulf region and in the Middle East. China sees beyond Iran, so does the US. Both countries are focused on the future - on reindustrialization in the US and China on the next phase in its industrialization. New countries and blocs are also emerging that will rival China and the US- India/Japan and the European Union under leadership of Germany and France. These four countries or blocs are all thinking of the world beyond a failed Middle East- the economic issues they face and how best to tackle them, and the issues relating to borders and security, how best to tackle them. ...

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How the visit is presented in China, what the Chinese people are seeing of the US president live and on their screens, and of the two leaders Xi and DJT agreeing to a policy of mutual respect and harmony in relations after a decade of mistrust during both the first DJT and the Biden administration. The choice was clear- mistrust and risks for world peace or the mutual respect that leads to harmony in relations. And both leaders are making the educated, decent and good choice.

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Jill Biden regrets getting Biden to run for a second term in her Memoir. Jill is cited in WSJ as telling NBC - "As I look back, would I want to put Joe through the hurt and the pain that we felt during that time? Never. Never." Jill also faults Harris for seeking an immediate endorsement from Biden. WSJ says it had said at the time that the best way for the country and for Democrats was to let the Convention pick the nominee by competitive party convention.

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Depleting stocks US exports to the hilt 14.2 million barrels of crude oil and products such as diesel and gasoline a day to Asia and Europe- May 2026. This is the highest ever exports from the US of oil and oil products. Australia gets 2.7 million barrels a day in March when exports before were sporadic. UK, France, Netherlands, all need US oil. Not only Gulf ports, ports of Philadelphia, New York and Albany are also being used by sending oil from the south up the Colonial Pipeline to the East.

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A debate in the UK Greens Party that a vote in Makerfield parliamentary by-election for Greens was a vote for Reform UK's Farage. The Greens party candidate in Makerfield is withdrawn. As Labour's Burnham is standing for election to UK parliament from Makerfield, and hopes to lead UK as the new PM once he has won a seat in parliament, this is shaping up to be a pivotal election in 2026 to decide who will lead the country in the years ahead. Greens fear they will be labeled as promoting UK Reform party for years if they don't get this right.

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Guardian report about search for work in Grimsby a small town in England, vape shops no jobs. The situation in small towns lacking job opportunity. What the elites in the UK and the US don't get.

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Iranian tolls plan for Hormuz Straits with Oman - DJT's strong statement for freedom of navigation on the seas, no one controls it. 

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Andy Burnham launches his bid for the British parliament with a natural style following daily runs and running the greater Manchester region as its three term Mayor.

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WSJ Quiz on data centers- test your knowledge. Does China have the most data centers? No the US with 4000, followed by Britain with 515 and Germany with 500 showing that China is not in the AI craze the way the US is even though the idea of the US falling behind in AI is used to get trillions of dollars in AI funding. This only means infrastructure that is dilapidated and broken in the US will not be replaced, and that the US plan to reindustrialize to get jobs will lack funding as dollars are diverted from these essential and vital needs to AI. Eventually Asian countries with new infrastructure will find ways to get that US technology without having to pay for it. The American public will be paying for this AI craze. We at Lyrarc.com checked how many data centers China has built? The number is 250 data centers are operational and note this in the MIT Technology Review it says 80% of these data centers are not being used, there is 80% overcapacity in China. Because China's AI such as Deep Seek is designed so that it uses less computing power. What this means is that only the US will put over 3 times the combined data centers put in by China, UK and Germany for AI and US will put in 16 times the data centers China has put in. As China only needs or is using 20% of its 250 operational data centers or 50 data centers the US is putting in 80 times the data center capacity China is using in 2026. Why 80 times? Because China has a Plan and it can manage the supply to the need or demand. In the US each company is trying to put so many in so it can get the leadership position in the market. For example Amazon puts in $200 billion instead of the $100 billion it can afford simply to be in the leadership ranks. There is much wasteful spending in the US market system than China's coordinated effort in a new technology even though ideologues like to say the US system is superior, and a plan by the state is frowned upon in the US, costing the US dearly when it lost its entire manufacturing base to China while economists said everything was OK. Even the WSJ Quiz fails to ask the question we asked about China and how many data centers China has actually made operational, how much is overcapacity- 250 datacenters and 80% overcapacity. Showing how little the public knows and even WSJ has looked into, giving a few companies such as Google, Amazon, Apple, Microsoft and others the freedom to spend in a reckless way so that future infrastructure investments and reindustrialization investments will be crowded out in the US economy. And economists as usual will say its OK. ...

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Gerard Baker of the WSJ writes about not getting involved in unnecessary wars and prudent interventions where necessary. He does not bring up the nuclear issue which is the only issue this war was about- is that a prudent intervention where necessary? The other issue is what the Anglo-Saxon,Saxon world and the Europeans think and feel about the Jewish state after the experience deeply unsettling  of World War II for western civilization itself. Throughout 2026 in Britain, UK, Australia and Canada, and in the  European Union, the people have stood by the Jewish people and the Jewish state while also respecting the rights of Palestinian people. Iran's hostility towards the Jewish state, to its elimination, is the reason for the conflict. Is prudent intervention necessary for the US in this context and what is the Anglo-Saxon and European attitude to defending western civilizations thoughts and sentiment?  What does a nuclear weapons state do to the situation in the Middle East- the Arab states and Israel? This is the main reason for the US involvement even as it is committed to no unnecessary wars. A naval blockade during Iranian closure of the Straits is not an escalation, the US did not bomb Kharg Island only imposed a naval blockade. The US is able to sustain this kind of blockade for a long period as it showed in Venezuela and shows in its backyard in Latin American particularly where it is essential that the US stop all drug smuggling on the seas. The Editorial Board of the WSJ has sent warnings to the DJT administration that it would be a mistake to not address the nuclear issue now and to separate it to a subsequent stage as mediators Pakistan and Turkey have arranged for reasons that are not in the US interest- because that would leave Iran to renege on promises and go for nuclear weapons  third time and repeat the failures of the Obama administration. It can be noted that the WSJ reflects the views of the business community in the US which is thoughtful and not prone to overreach or US interventions. Baker is not part of it after resigning as Editor in Chief in 2018. Yet the members of the Board include- Henninger, McGurn, Strassel, Riley, Finley, Noonan, Taranto, O'Grady, Jenkins and many others. It is unlikely that all of these members would have a drastic and strongly interventionist attitude. ...

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DW.com on what international students from India or China pay at EU universities-  44000 euros in UK vs 4000 euros or less in Germany and France. For Chinese or Indian students Germany and France offer education for bachelor and masters degress that is attractively priced even at the higher prices being now set by the government. In the past Chinese students in France were able to get Masters degrees at very little cost. Germany is looking at the higher prices as a way to increase the salaries of teaching staff and professors whose salaries lag far behind the salaries in the US and other countries. For China and India no aid program is as vital for their economies and industrial development as the access the EU provides to its universities and educational system at a fraction of the real cost. Today German universities are attracting large numbers of Indian students from middle class families where the parents life goals are to get their children into European universities. American universities cost significantly more today as American bachelors and masters degree can cost upwards of 50,000 euros a year. Even local students in the US pay between $30,000 and $100,000 a year making bachelors and masters degrees no longer affordable for much of the American middle class and leaves working class parents children totally out of the universities system. One immigrant is from Cuba- Marco Rubio of Florida, now Foreign Minister of the US. He describes in his book - "Decades of Decadence How America's Spoiled Elites Blew Up Inheritance of Liberty, Security and Prosperity"- an average factory job in Florida in the seventies enabled his parents to send him to college, which he says is no longer possible for immigrants to the US today, and no longer possible for working class parents in general. For this reason Germany and France have to be commended for their generous policies towards Chinese and Indian students. Increases in the university prices in Germany and France to 4000 euros a year for international students makes a lot of sense when British universities charge about 44000 euros a year. ...

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UK has 1 million young people unemployed costing economy 125 billion pounds in 2026.

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Samsung stock price up 144% Intel up 255% in 5 months of 2026, as the S&P makes eight weeks of consecutive gains May 23 2026. Companies in the S&P 500 trade at 21 times their expected earnings over the next 12 months, the 10 year average is about 19 times their expected earnings. The war in Iran, the war in Ukraine, and the massive misallocation of investment to AI are risks for the US economy, yet the US stock market continues to be robust.

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Greater Melbourne lost 60000 people in year ending September 2021-Melbourne overtaken by Brisbane, Perth and Adelaide in housing prices by 2026. By 2019 Melbourne housing prices were rising so rapidly it was expected to surpass Sydney. In 2026 Australia's average home is about 900,000 and Sydney at 1.3 million Australian dollars, Melbourne below national average at 800,000. Toorak, South Yarra, and Armadale, Brighton, Hawthorn, Kew are some of the suburbs of Melbourne that are popular.

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The world depends on rare earths supplies for automobiles, mobile phones, and jet planes. The Washington Post says the US can take up the strategic vulnerability challenge presented by rare earth's supplies 80% control by China in 2026. The Washington Post looks at the US Rare Earths planning- US government as buyer, faster permitting and predictable rules needed to setup US supply chain by 2030. China's Rare earths monopoly can be loosened but not in 2 years says the Washington Post. It will take 5-7 years by 2030 or 2032. Countries such as the US, Canada, Australia, Malaysia and Brazil are resource rich places where rare earth can be mined by the US. for the US government and US companies. Australia's Lynas is the largest non-Chinese company It has a $96 million contract with the US War Departent. America's MP Materials is building domestic supply and is expanding production at Mountain Pass, California. MP Materials is building a rare earths magnet manufacturing plant in Northlake, Texas for $1.25 billion. MP Materials has a "transformational public-private partnership with the US War Department. As long as the US remains the buyer private companies can step up their development of rare earths around the world in the best locations. European Union and India have a separate plan for rare earths supplies of their own with large investments that should further diversify and create new supply chains for rare earths in Asia, Africa and Latin America. ...

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Reform takes 752 seats, Labor 425, Greens 184 in UK local elections as Reform surges ahead over Labour in May 2026, revealing problems for PM Keir Starmer of Labour.