The Iran war is testing the limits of India’s economic resilience
Modi will need to combine emergency measures with reforms to help the country rebound
Milei’s top aide admits hiding $500,000 from Argentine tax agency
President’s spokesperson says he kept savings ‘off books just like the majority of Argentines’
New York Knicks’ winning streak should rub off on its owner too
Shares in Madison Square Garden Sports, which also owns hockey team the New York Rangers, have doubled in a year
The World Cup’s unlikely linguists
As football globalised, many players became polyglots
SpaceX IPO marks the end of the no-brainer benchmark index trade
Investors do not need big benchmarks to get what they want
Trump vows to take ‘total control’ of Iran’s oil and gas markets
US president says American forces will also seize control of key export hub Kharg Island
Gold sinks to 6-month low as speculative investors exit
Bullion set for worst quarter in almost a decade as Iran war, expectations of US rate rises and SpaceX IPO weigh on price
Time to axe ‘unfair’ pensions triple lock, says UK’s cost of living tsar
Iceland chair Lord Richard Walker, appointed by Starmer in February, calls system ‘mathematically unsustainable’
Six films to watch this week
Steven Spielberg unearths sci-fi secrets in ‘Disclosure Day’; ‘Time and Water’ hymns vanishing Icelandic glaciers and lives; ‘Do You Love Me’ is a complex mosaic of Lebanon; a tour guide goes script in ‘The Fall of Sir Douglas Weatherford’; Claire Foy and Richard E Grant in raucous period satire ‘Sa
The Fall of Sir Douglas Weatherford — Peter Mullan excels as a tour guide of grand delusions
A distant descendent of the nobleman is unsettled when his dowdy visitor centre becomes a draw for fans of fantasy
Time and Water — gorgeous ode to vanishing Icelandic glaciers and lives
Writer Andri Snær Magnason’s two great loves are the subject of Sara Dosa’s mournful but exquisite documentary
UK defence secretary resigns over spending plan
John Healey says Keir Starmer ‘unable’ and Treasury ‘unwilling’ to provide essential budget
What does the return of El Niño mean?
US National Oceanic and Atmospheric Administration declares onset of warming cycle across the Pacific Ocean
The ‘new joule order’ is here. The west is last to realise
Electrification is the purchase of optionality and China bought more of it than any nation in history
It’s not easy when you’re big in Seattle
Yet another proxy oddity
The unlikely alliance pushing an AI sovereign wealth fund
Even some of the tech labs seem to agree that society as a whole should benefit from advances
ECB raises interest rates for first time since 2023
Central bank is first in G7 to increase borrowing costs in response to Middle East energy crisis
Why Europe should not choose to go it alone
A secure future depends on a revitalised transatlantic alliance
Well actually, SpaceX is a UK growth stock
POP goes a weasel
Do You Love Me — a head-spinning and heartfelt mosaic of Lebanon
Images and sounds from more than 20,000 sources make up Lana Daher’s densely textured documentary essay
Jeff Bezos says AI will bring ‘golden ages’ not mass job losses
Amazon founder lays out vision for new $41bn AI lab Prometheus
ECB raises rates and inflation forecasts in response to war in Iran
The tighter monetary stance was justified on a “broadening” of price rises across the Eurozone economy
India protests to US after three sailors killed in tanker attack
New Delhi calls for ‘de-escalation’ in Gulf but appears to have little appetite for confrontation with Washington
Wimbledon increases prize money as players demand higher share of revenues
Payouts rise a fifth to £64.2mn, with singles champions making £3.6mn each