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Senate Republican threatens to derail ICE, Border Patrol package over Trump's billion-dollar request

An internal GOP dispute over funding for Trump's ballroom threatens to derail the $72 billion reconciliation package for immigration operations.

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May 18 • 3:50 PM EDT • Politics • foxnews.com
WNBA graphic omitting Caitlin Clark shows identity politics still come first

OutKick argues the WNBA once again snubbed Caitlin Clark from a promotional graphic, choosing a player averaging 1.0 points per game over its biggest star.

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May 18 • 3:50 PM EDT • Politics • foxnews.com
Whoa! Netflix is Sending Narnia Heading to Theaters...What This Means for the Future of Film

(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Here’s a funny thing about the debate over whether streamers should release their movies in theaters first: Both sides think the other side represents the “conventional wisdom”. If you’ve been reading me for any amount of time, or even just scanned my front page, you know I think movies make more money by having a robust theatrical window compared to going straight-to-streaming. I’ve published thousands of words on this topic. And for years, I felt like I was standing up to a wave of opposition. See, while the “put your films in theaters to make money” take was obvious at any point before 2019, post-streaming revolution, most of the trendy thinkers took the opposite point of view. Big names argued that Netflix putting their film straight-to-streaming (“S-to-S” from here on out) actually made more money. Netflix was “disrupting” theaters, just as they disrupted Blockbuster Video, and since innovation is always good, this too was a great idea. This thinking then leaked into the mainstream business outlets like the Wall Street Journal and Bloomberg. I read many articles whose take boiled down to “Netflix makes tons of money from S-to-S releases” and “theaters were in structural decline” anyways. Covid-19 shutting down theaters and the 2023 strikes shutting down film production seemingly justified this point of view, as the box office struggled to return to 2017-2019 heights. Yet I’ve also read folks arguing the opposite point: the conventional wisdom says to put films in theaters! From some writers’ points of view, “everyone” actually agrees/agreed with my “send your films to theaters” take—especially the stodgy traditional studios—and folks still didn’t understand Netflix’s genius. I feel like, for the last two years, many people have argued this point as if it’s conventional wisdom. You know what? I may have been wrong. At this point, the “S-to-S strategy makes money” might be the minority viewpoint. Especially with the news this month that Netflix will put at least one film—Greta Gerwig’s Narnia film The Magician’s Nephew—in theaters in 2027 for a full 49-day run is big news. So that’s the story of the week, but I’ll also explain why they’re making this move now and why Netflix may not completely embrace theaters, along with other topics, like how I don’t buy Disney’s “super app” strategy, the latest good news out of the unions, my take on the latest attacks against free speech, and a whole lot more. Let’s get started. Subscribe Most Important Story of the Week - Netflix Goes to Theaters! Listen, I promise not to victory lap too hard today. As I just wrote, I’ve argued against sending films straight-to-streaming for—checks calendar—eight years now. Since 2018. Yikes. That’s a long time. And for years, others painted my thinking as “conventional” in that I was standing up for the status quo against trendy, cool disruption. And that’s not cool! But math is math, and I never could make the S-to-S numbers work. The only thing that ever enabled that model was Wall Street’s brief exuberance for it. It seems like the heads of Netflix now agree with me. (There were always rumors that former head of film for Netflix Scott Stuber argued internally for theatrical releases as well.) As they announced: “The Magician’s Nephew_—the first film in a Narnia series of films—will open on 12-Feb-2027, with a 49 day theatrical exclusive run.”_ I’m a little surprised at how little coverage this big change actually got. Credit to Bloomberg for leading with it and Matt Belloni’s The Town for highlighting it with the provocatively titled podcast “Hell Hath Frozen Over”. But after that? Instead of getting as much coverage as, say, the FCC’s latest egregious crackdown on free speech, this news story got crickets. But it’s massively more important for the future business of entertainment. So let’s start with the obvious question… Why Put Your Movies in Theaters? So…why should Netflix put (some!) of their movies in theaters? Well, I’ve already written that in a very, very, very long article from 2022: [ ](https://entertainment.substack.com/p/the-data-is-in-theatrical-films-massively) [ The Data Is In: Theatrical Films Massively Outperform Straight-To-Streaming Films ](https://entertainment.substack.com/p/the-data-is-in-theatrical-films-massively) Entertainment Strategy Guy · April 5, 2023 [ Read full story ](https://entertainment.substack.com/p/the-data-is-in-theatrical-films-massively) To summarize, theatrical runs make much more money, especially blockbusters, because they earn more money per viewing,1 and that helps boost home entertainment sales. Theatrical films also perform as well or better than the streaming-only films. Now, partially this is driven by increased marketing for said films, but said marketing ultimately boosts the awareness of the movies and drives improved streaming and library performance as well. Again, I’ve made this case after reviewing the economic models and streaming data for years. Just last week, Emily Horgan also made the case for kids films! Yes, it is probably conventional wisdom, but that’s also because it’s true! I’d also argue we’ve seen a lot of data in the various studios’ behavior. As I’ve noted before, the more a studio needs to make money, the likelier they are to put films in theaters. As such, Disney, Universal, Warner Bros., Paramount and Sony all send their major films to theaters. Even if they once made a big S-to-S push (*cough* Disney *cough*), they’ve since relented and returned to theaters. The tech companies don’t need to make money, per se, so it took them years to embrace theaters. Apple doesn’t need to make money because it doesn’t disclose their (likely) Quibi-sized losses each year. (They fear bad press more than losing money.) Amazon announced two years ago that they planned to make Amazon-MGM Studios/Prime Video profitable on its own, and guess what? Now they’re putting films in theaters. That leaves Netflix. They’re in between the “no need to make money at all” and the “desperately need to make money to offset linear TV declines”, so they had less pressure to put some films in theaters. Plus, for years, they were the sexy disruptor, and Wall Street rewarded them for that. (Honestly, they still do.) Yet, even Netflix likely saw the money they were leaving on the table (I’ve estimated it at an easy billion dollars before) so they changed their course. I heard one pundit argue that, because Netflix already makes so much money, they don’t need to make more money, which sort of goes against everything I’ve ever learned about business and economics. Again, to be super-nuanced, sending “films to theaters” does not mean EVERY film. TV movies have been a thing for decades. Lifetime films, Hallmark holiday films, Disney Channel Original Movies, and so on, don’t need theatrical runs. But films above a certain budget level (say $25 to 50 million) almost certainly need theaters to maximize their revenue. The Scenarios (with a Dose of Skepticism) Now time for some skepticism: it won’t surprise me at all if Netflix re-changes course. Specifically, Netflix announced that their Narnia film will go to theaters. And I’d bet anything we see KPop Demon Hunters 2: The Huntering2 also goes to theaters, cause it’s the surest hit outside of a Disney animated sequel right now. But how much does Netflix truly commit to theaters? They’ve already tried to emphasize that this is a one-off move. I see three broad scenarios:

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May 18 • 3:27 PM EDT • Entertainment • entertainment.substack.com
Why Business Communication Still Matters in a Fast-Moving Digital World

As businesses adopt more tools and platforms, communication also helps ensure that new systems are used clearly and consistently rather than creating additional confusion.

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May 18 • 2:32 PM EDT • Business • usatoday.com
Pitbull hits the road for ‘I’m Back’ North American tour: How to secure last-minute ticket deals

Pitbull is currently on the road in the U.S. as part of his extensive I'm Back! tour. After performing a handful of shows so far, the Grammy Award-winning artist still has over 30 show dates left in the U.S. this year.

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May 18 • 2:02 PM EDT • Entertainment • al.com
Ford lands its first customer for energy business. Buy this pivot by the auto giant?

Shares have proven volatile after the carmaker unveiled its new Ford Energy unit, but investors should still watch the name, several analysts said.

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May 18 • 1:01 PM EDT • Business • cnbc.com
Tom Brady gives commencement speech to Georgetown University business school graduates

Former Patriots quarterback Tom Brady urged the graduates to fight through adversity as he often did on the gridiron.

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May 18 • 12:49 PM EDT • Business • bostonglobe.com
Grading the Washington Commanders offseason: Did Washington get better?

The health of Jayden Daniels may still be the key for Washington.

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May 18 • 10:31 AM EDT • Sports • sports.yahoo.com
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The Odds: Rep. Massie’s reelection bid
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May 18 • 9:54 AM EDT • Politics • cnn.com
What’s Next for Artemis II AVATARs

Organ chips from Artemis II's AVATAR investigation have arrived at the laboratory at Emulate, Inc. in Boston, Massachusetts for analysis. The AVATAR (A Virtual Astronaut Tissue Analog Response) investigation uses personalized organ chips made from each astronaut's own cells to study the impacts of space radiation and microgravity on human health.

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May 18 • 9:46 AM EDT • Science • science.nasa.gov
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After United Canceled Her Flight, An Agent Said “Nothing” Could Be Done — But She Heard The Trash Talk In The Background

United’s “Agent on Demand” is supposed to replace the airport customer service desk when travel goes sideways. But after a canceled flight in Atlanta, one passenger says the remote agent offered “nothing,” sent her to the 800 number, and could be heard talking about her while the call was still live.

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May 18 • 8:15 AM EDT • Technology • viewfromthewing.com
The UAE’s next strategic shift
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May 18 • 6:06 AM EDT • Business • cnn.com
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Bruno Mars show selling fast, but there's still time to buy tickets

Bruno Mars, a 16-time Grammy winner, will play at Ohio Stadium on May 20. A venue rep says tickets are selling "exceptionally well."

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May 18 • 6:02 AM EDT • Entertainment • dispatch.com
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Bridging Science Between Mexico and the United States – An Interview with Ragon Postdocs and Inaugural FEMSA Fellows Jonathan Padilla Gómez and Jennie Ruelas Castillo

Earlier this year, the Ragon Institute of Mass General Brigham, MIT, and Harvard welcomed Jennie Ruelas Castillo, PhD, and Jonathan Padilla Gómez, PhD, as the inaugural recipients of the FEMSA Fellowship. The fellowship, part of a broader partnership between the Ragon Institute and Tecnológico de Monterrey, supports postdoctoral researchers who have completed studies at research […]

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May 18 • 5:00 AM EDT • Science • ragoninstitute.org
Sabres-Canadiens playoff series to be decided with Game 7 at Buffalo on Monday

Montreal and Buffalo are the two youngest teams by average age still in contention, and both relative recent playoff newcomers.

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May 17 • 6:25 PM EDT • Sports • spectrumlocalnews.com
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Arizona Diamondbacks Gameday Thread, #45: 5/17 @ Rockies

Today’s Lineups DIAMONDBACKS ROCKIES Ildemaro Vargas – 2B Edouard Julien – 2B Corbin Carroll – RF Mickey Moniak – LF Geraldo Perdomo – SS Hunter Goodman – DH Nolan Arenado – 3B TJ Rumfield – 1B Lourdes Gurriel – LF Troy Johnston – RF Adrian Del Castillo – DH Willi Castro – SS Gabriel Moreno […]

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May 17 • 2:30 PM EDT • Sports • sports.yahoo.com
Galileo Galilei, scientist: “In questions of science, the authority of a thousand is not worth the humble reasoning of a single individual”

Galileo’s warning about scientific consensus still resonates centuries later as modern discoveries continue overturning accepted wisdom.

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May 17 • 1:50 PM EDT • Science • en.as.com
Is Android still an operating system? Google says no, but here's why that's a stretch

The "intelligence system" rebrand is bold marketing, even if Android hasn't actually changed that much.

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May 17 • 12:59 PM EDT • Technology • phonearena.com
Sway a crowd, wear a martyr’s crown: how one NSW politician went from scandal to political success – and wrote a playbook still used today

At the turn of last century, an ambitious young solicitor caused a scandal in a high-profile murder case. Years later he was a political leader in a new nation. How did he do it?

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May 17 • 11:00 AM EDT • Politics • theguardian.com
Dodgers Score Season-High 15 Runs To Claim Freeway Series

Going into the Freeway Series on Friday, the Los Angeles Dodgers had not won a game against the Los Angeles Angels in seven straight matchups. And the Dodgers had not won a series against the Angels since July of the 2023 season when two-way superstar Shohei Ohtani was still representing the Halos. On Friday, the […] The post Dodgers Score Season-High 15 Runs To Claim Freeway Series appeared first on LA Sports Report.

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May 17 • 10:30 AM EDT • Sports • sports.yahoo.com
Microsoft is rebuilding XBOX and Windows 11 while Surface collects dust

Xbox and Windows 11 are finally getting the leadership and fixes fans have asked for. Surface is still waiting for its turn.

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May 17 • 10:00 AM EDT • Technology • windowscentral.com
‘The Devil Wears Prada 2’: Still wickedly fun

Times have changed, but fashion still rules

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May 17 • 9:37 AM EDT • Entertainment • davisenterprise.com
Meta’s Ray-Ban Display gets typing through air gestures in latest update

Perhaps more important still, Meta is opening up the device to third-party app development. The Ray-Ban Display – Meta’s flagship smart wearable glasses –...

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May 17 • 9:33 AM EDT • Technology • gsmarena.com
Retailers are making expensive bets that shoppers still want to go to stores

The nation’s biggest retailers are pouring billions of dollars back into their stores, even as more sales move online, in an effort to lure more shoppers and raise employee efficiency.

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May 17 • 9:00 AM EDT • Business • seattletimes.com
'City keep going from strength to strength'

"Just when you count them out, they still win two domestic trophies and are challenging for the Premier League," the former England international said. Another Wembley victory for City sees Guardiola's trophy tally at the club reach a massive 20 in his 10 years at the club. Speaking on BBC One after the final whistle, former Newcastle United striker Alan Shearer said: "It might not have been a vintage performance, but Manchester City have had to work incredibly hard for it."

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May 17 • 8:23 AM EDT • Sports • sports.yahoo.com
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Poll: Who Rules Christmas Day?

Editor's note: Welcome to Athlon Sports' poll of the day, where we ask readers to weigh in on the biggest topic of the day. Thanks for voting, and be sure to sound off in the comment section. NFL fans are still abuzz over the 2026 schedule release.

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May 17 • 8:00 AM EDT • Sports • sports.yahoo.com
Rodri puts pressure on Arsenal for final 2 games

Rodri still believes Manchester City can win the Premier League title, insisting Arsenal won’t have it easy in their final two matches.Photo by George Wood/Getty ImagesManchester City won their seco...

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May 17 • 7:05 AM EDT • Sports • sports.yahoo.com
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There’s still time to enjoy art, entertainment on final day of Art on the Square

Winners of the High School Art Competition will be announced at noon.

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May 17 • 6:30 AM EDT • Entertainment • yahoo.com
Voter voices from the San Gabriel Valley on California governor's race

Becerra and Hilton have emerged as the candidates to beat. But dozens of interviews across the San Gabriel Valley, a prime campaign battleground, find many voters still undecided. And discouraged.

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May 17 • 6:00 AM EDT • Politics • latimes.com
‘Pressures are real’: Colleges grapple with future of Olympic sports amid football spending boom
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May 17 • 5:30 AM EDT • Sports • wral.com
A CT business invites you in for a taste. It’s so popular, ‘It’s hard to say’ what the favorite is

Before the tasting room, adult visitors are given a tour, crossing sparkling clean floors to a room with the immense structures the brothers use to create.

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May 17 • 5:15 AM EDT • Business • courant.com
PAID POST: Connecticut fined every major insurer for blocking mental health care. Now what?

Connecticut fined all five major health insurers for mental health parity violations. Here's what the enforcement action means and what still has to change.

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May 17 • 4:57 AM EDT • Health • ctmirror.org
Beyond the Forecast: The science of temperature inversions

Ever notice how some mornings the air feels incredibly still, and fog or chimney smoke just hovers flat over the neighborhood instead of rising? When you see this, you’re looking at a classic…

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May 17 • 1:54 AM EDT • Science • wjbf.com
A’s Drop Saturday Contest To Giants 6-4

Tough loss but can still win the series tomorrow

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May 17 • 12:17 AM EDT • Sports • sports.yahoo.com
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Story to be placed on injured list by Red Sox (report)

Trevor Story is expected to be placed on the injured list before the Red Sox's game against the Braves on Saturday night, according to a report from MassLive.com's Chris Cotillo. The club has not confirmed the news. The 33-year-old shortstop is believed to have been dealing with a groin issue

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May 16 • 9:42 PM EDT • Sports • mlb.com
Corsair explains why 12V-2x6 still needs protection despite revised connector design

Corsair’s Jon Gerow explains why 12V-2x6 still needs monitoring Corsair recently published a technical overview for its ThermalProtect 12V-2x6 cable, this

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May 16 • 8:00 PM EDT • Technology • videocardz.com
Now What? With Carbon Pricing Eroded and Pipeline Politics Advancing, Here Are the Pathways for Climate Success

At the end of a whirlwind week of news on carbon pricing and electricity strategy, capping a madcap year of pretty much non-stop, dramatic change, the word across much of Canada’s climate and energy transition community is that climate policy in this country has been shredded. Eviscerated. Hit with a sledgehammer by policy rollbacks that have pushed the country’s 2050 net zero target “well out of reach”. That means it’s never been more important to look for the rays of hope and glimmers of possibility. To glimpse the seeds of the next set of strategies to get Canada’s climate pollution under control and the country into the accelerating global dash away from fossil fuels. And then, once we’ve spotted those possibilities, get on with the hard, day-to-day slog of trying to make them a reality. Nothing takes away from the frustration and the deep disappointment so many climate and energy hawks are expressing, the sense of betrayal by the author of Value(s) and the former UN special envoy for climate action and finance. But we knew two things as the week drew to a close. We’re looking at the world as it most definitely is. And we don’t get to give up finding the pathways to confront climate change and deliver faster, deeper carbon cuts that leave no one else behind. So really, the first question we all have to ask ourselves is: What’s next? Subscribe All the Oxygen in the Room The outpouring of anger and grief over the carbon pricing deal between Prime Minister Mark Carney and Alberta Premier Danielle Smith has been absolutely understandable. So much of the climate community poured years, more than a decade, into dragging the current federal pricing regime across the finish line, then defending it from a deluge of three-syllable rhymes after the Trudeau government proved utterly incapable of delivering its own message. The policy foisted on us by neo-classical economists took up all the oxygen in the room, burned through years of climate response time that we won’t get back, while cornering climate hawks into the position that the best response to the crisis of our lifetimes is a new tax…in an era of historic anti-tax sentiment. I mean, really—what could possibly have gone wrong? Against that history, let’s appreciate columnist Max Fawcett’s point that even a modest carbon pricing agreement with a government as off-the-wall libertarian/conspiracist as Danielle Smith’s—those adjectives are mine, not Max’s—is a win worth savouring (as long as Smith keeps her promises for a change). But part of living in the world as it is (no, I’m not letting that go) is to be clear-headed about what we can and can’t control. And one thing we get to decide, after seeing this week’s carbon price festivities take up all the oxygen yet again, is whether we want to keep letting that happen. Particularly when success down that road depends on a factor that no one with a climate agenda can control or influence—a provincial carbon pricing mechanism that has been manipulated and eroded beyond its lowest possible denominator. Thankfully, that’s not the way it has to go. Not when we have so many other powerful, practical tools at our disposal, including the ones still available to us through this abominable Memorandum of Understanding (MOU) between Canada and Alberta. Tools In Our Toolbox When I started roughing out this list, I didn’t expect it to grow to nearly a dozen bullet points. It’s probably still incomplete. Some of the greatest hits in today’s climate solutions toolbox include: • No Carbon Capture, No Pipeline: On Friday, Prime Minister Mark Carney explicitly stated that there’s been no change to the MOU provision that there will be no West Coast pipeline without an industry commitment to build its massive, $16.5-billion carbon capture and storage (CCUS) hub in Northern Alberta, and vice versa. The two megaprojects were joined at the hip when the MOU was signed Nov. 27, and the implementation agreement this week affirmed that they still are. A parade of independent analysts have spent years pointing to the economic and technical flaws in CCUS, while the industry kept postponing its investment decision until it could arm-twist the government for more “clarity” (by which it meant even more lavish taxpayer subsidies) on the project. Now the industry itself is running away from the CCUS hub and insisting the pipeline should proceed without it, but Carney doesn’t seem to be budging from a central tenet of the MOU to which Smith has signed on. • No Subsidies, No Investors: Climate analysts and advocates have quite rightly been hammering away at Carney and his team, insisting that any new capacity the industry wants to build must proceed without new subsidies. The government has responded with a growing collection of funding and financing mechanisms for the very wide menu of industrial development and nation-building projects they say they want to take on, and that menu always includes fossil fuel infrastructure. But it’s hard to see how even the combined fiscal clout of the federal and supportive provincial governments will deliver the financial backing private investors would need when the business case for new fossil fuel development is evaporating before their eyes. Particularly when… • No Market, No Demand, No Investors: As our friend Markham Hislop at Energi Media (our apparently sleepless friend, given the massive volume of great material he’s been churning out) points out this morning, the biggest vulnerability in any pipeline deal is the assumption that Asian buyers will want the oil or liquefied natural ga that our fossil industry is so keen to send them. Hislop writes in part: Ottawa and Alberta are effectively betting that countries like China and India will continue increasing oil imports for decades as their economies grow and energy consumption rises. That assumption underpins the entire economic rationale for expanding oil sands production and building billions of dollars in new export infrastructure. But Asian energy systems are changing rapidly… China, India, South Korea, and other major hydrocarbon importers are now investing hundreds of billions of dollars into electricity systems built around wind, solar, batteries, nuclear, hydro, and expanded transmission infrastructure. Domestic “energy sovereignty” is increasingly replacing the old energy-security model based on stable oil and gas imports. Those investments are expected to sharply slow oil demand growth and eventually reverse it, even as overall energy consumption continues rising. There are also refining constraints. Many Asian refineries and petrochemical complexes are already optimized to process discounted heavy crude from the Middle East and Latin America. That raises serious questions about how much additional Canadian bitumen Asian markets can absorb at profitable prices. Small wonder that there’s still no private sector investor for the project, despite Smith’s government desperately beating the bushes to put together a deal. For now, Alberta is acting as proponent and covering early start-up costs for a pitch to the federal Major Projects Office, which could actually turn into the next tough hurdle for Smith and her pipeline to jump. • Canada Day Looms: How ironic that Canada’s birthday this year could become a major chokepoint for the provincial premier who’s been working so diligently to tear the country apart! The July 1 target date for Alberta’s pipeline proposal is baked into the MOU, was reaffirmed by the implementation plan, but it hadn’t dawned on me that it cuts both ways. As one very smart colleague wrote in an email yesterday, “they’ve thrown the ball into Alberta’s court to get the project proposal on the table really quickly and to have to do a whole pile of work to put together a massive, complicated project that would typically take years to assemble, and they’ve given them weeks to do it.” That makes July 1 a looming deadline that Smith won’t be able to run away from politically, especially with the separatists in her party and her caucus breathing down her neck. (See previous ref to off-the-wall.) But if Alberta comes in with a sloppy, incomplete submission, even after Carney bent over backwards to simplify the application process and the rules that govern it, it may be harder for the province or the industry to blame Ottawa and insist on the faster process they claim their investors are demanding. (Oh, wait—which investors would those be??) • We’ll See You In Court (Then We’ll See You Again): If Carney did cave, that would be just one more reason for Indigenous and other affected communities to take the government and the process to court—Just as Alberta First Nations did, successfully, in response to Smith’s half-baked separation referendum. Veterans of the Harper era have been warning that a shoddy process around fossil fuel infrastructure or other major projects will be a recipe for the very delays that process seeks to avoid. And now more than ever, with renewable energy and energy storage eating fossil fuels’ lunch in import markets around the world, a delayed pipeline or LNG terminal may be as good as a cancelled one. • Charged Up, Ready to Go: With its goal of doubling Canada’s electricity supply to meet a doubling of demand by 2050, the national electricity strategy that Carney unveiled Thursday has a lot to like. With its explicit language about speeding the shift from fuels to more efficient and affordable electricity, global investment and deployment patterns that already favour that shift, an emerging bidirectional power grid, the role of front-line options like rooftop solar and heat pumps, the emergence of electric vehicles as behind-the-meter energy storage, and the domestic jobs and manufacturing to make it all happen, the document doubles down on the essential cornerstone of a faster shift off fossil fuels. The strategy envisions a more prominent role for gas and nuclear power. But some of those provisions were already in the Clean Electricity Regulations that climate hawks are now fighting so hard to defend, inserted as a compromise in a futile attempt to mollify the industry and its political representatives in Alberta and Saskatchewan. But once again, gas will be a tougher sell when it’s more expensive and now so much more unpredictable than the clean alternatives. The new nuclear technologies are still speculative and deeply vulnerable to cost overruns. Increasingly, utilities, developers, and investors know it. Carney declared Thursday that “it doesn’t do us good to be sitting in court all the time with provinces. It doesn’t do us good to be talking past each other. What does do us good is to come together with specific projects.” There are no guarantees, but so much of the language and narrative-building in the electricity strategy suggests the lion’s share of those projects will be renewable. • The Party Has Already Started: The electricity strategy only rarely digs down to specific projects, but provinces representing three-quarters of Canada’s population are already embracing a faster transition. Hydro-Québec is working on a 10-year, $185-billion renewable energy and grid buildout by 2035. Ontario recently brought 10 provinces and territories together in a National Energy Corridor Agreement to boost interprovincial and -territorial transmission infrastructure. And the MOU implementation agreement commits Alberta to facilitate investment in renewable energy projects, a big step back from its continuing, punitive restrictions on renewables development. The electricity strategy envisions much of the financing and infrastructure that will be needed to pull those advances together into an integrated whole. • Delivering on Affordability: The MOU implementation plan has little or nothing to say about affordability (are you surprised?), but the electricity strategy does, with a top-line pledge to reduce home energy costs for seven out of 10 Canadian households by 2050, a total saving of $15 billion across the board. It’s just a start, but it puts affordability on the government’s narrative map. If they’re serious and deliberate about patching together a least-cost energy strategy, it’ll have little if any room for oil, gas, or nuclear—not with powerful evidence, for example, that electricity prices are higher when those prices are set by gas. • Smith Proves that Canada Works: By signing a deal that makes it harder to claim the federal government is blocking a new pipeline, Smith has helped prove Carney’s constant anti-separatist refrain that “Canada works”—incurring the rage, no doubt, of her own political base. Canada also needs to work for anyone who depends on a clean environment, healthy and thriving ecosystems, and safe, stable climate. But with Smith and her separatist constituents setting up as a fifth column for annexation by Donald Trump’s United States, let’s set aside any notion that 51st state status for Canada is a recipe for anything other than climate disaster (and so much else). Resisting and withstanding Trump (just 170 more sleeps until mid-term elections, which is a damn sight better than the 730 we started with) doesn’t mean a free pass for a pipeline, but we can still appreciate it that keeping Canada whole and sovereign is still Carney’s Job One. • The Words Not Spoken: Apart from a commitment to export a million barrels of “low-emission” Alberta bitumen per day (memo to Smith and Carney: You realize that that’s less than the industry is already exporting??), the MOU implementation plan says nothing about the international trade and economic sovereignty deals that Carney has been travelling the world to negotiate. It didn’t have to. Carney doesn’t need permission from Danielle Smith, her American enablers, or her separatist allies to continue building the alliances that will ratchet down our economic dependency on our unstable, unreliable neighbour to the south. But every connection he builds with countries outside North America helps align our economy and our future with a faster shift off fossil fuels. Little if any of this was on our bingo cards a year or two ago. But it’s the pathway that has opened up to us. And if it gives Canada any climate or energy gains at all in an era still dominated by Trump and his increasingly ridiculous tariffs, his loutish trade negotiations and his continuing annexation threats, we have to take the wins. Not least because they’ll be the point of departure for what we can achieve in 2027, 2029, and beyond, as Trump’s grip and this era begin to loosen and then fade. What is Carney Doing? If this line of thought is right—and it’s a possibility, not a prediction—it means that Carney’s actions and decisions are largely about buying time. Time for Trump’s power to wane. Time for Alberta’s separatist/conspiracist virus to spread, mutate, die out, or at least die back, with help from a vaccine of federal steadiness and calm (appropriate enough, for a movement populated largely by vaccine deniers) that no conspiracy theory can dismiss. And time for the government’s trade and investment agenda to deliver results—even knowing that some of those results will bring impacts that front-line communities will not and should not accept. In the immediate moment, none of this changes the way the wider climate community has to respond, from campaigners to investors to front-line practitioners. All of our voices are still essential. But those voices will be stronger and more confident if we have a clearer sense of the brutal game we’ve been pulled into, and a plausible path (or two it three) for playing it to the win we need. This conversation also underscores our biggest task for the remaining years of what was supposed to be the “decisive” decade for climate response: if we can shift the energy narrative in Canada, make it a mainstream view that the country’s preoccupation with oil and gas has us falling farther behind a changing world, we’ll see far better results in the 2030s and beyond. For many veteran climate advocates, taking on that part of the fight will begin with recognizing that most of our friends and family, neighbours and colleagues already understand that climate change is real and right in front of us: they’re looking away and staying silent because they don’t have what climate communicator Katharine Hayhoe calls “efficacy”. As Hayhoe recently pointed out in a feature interview with The Energy Mix, it amounts to science denial to keep hammering away at the dire news about global warming without also helping audiences understand what they can do about it, with multiple studies telling us why that won’t work. Far better to open those conversations with the dominant crises like energy security, food security, emergency preparedness and business continuity, affordability, and financial security that have knocked climate change far lower on the list of public priorities, and will likely keep it there. We Knew This Would Happen Climate hawks have always known this day would come. For decades, we warned that everyone had to pay attention to climate change right now, because it would be much tougher to respond once the crisis itself started affecting our daily lives. We were right, and here we are. But now, thanks to decades of hard work, communities and countries have an alternative to doubling down on fossil fuels. “In 10 years everyone will have ‘always known’ that solar and batteries were going to win,” Morgan Solar Executive Chair Mike Andrade writes on LinkedIn. With the disruption in the Strait of Hormuz roiling energy priorities around the world, Canada and the United States are among the shrinking number of countries that are still very keen on fossil fuel development. Understanding that gap is a first, essential step in spotting the opportunities ahead, and averting the deep economic as well as environmental and social risk we face if we don’t seize them. Thanks for reading The Energy Mix Weekender! Subscribe for free to receive new posts and support our work. Subscribe Mitchell Beer traces his background in renewable energy and energy efficiency back to 1977, in climate change to 1997. Now he and the rest of the Energy Mix team scan 1,200 news headlines a week to pull together The Energy Mix and The Energy Mix Weekender. Chart of the Week BYD Eyes 20 Dealership Locations After Canada Greenlights Chinese EV Imports ‘Sledgehammer’ Carbon Price Deal Boosts Emissions by 230Mt, Aims for Fall 2027 Pipeline Approval ‘Worse Than Harper’: Regulatory Rollback Would Stop Canada from Assessing Project Impacts, Critics Warn Electricity Strategy Aims for Doubling by 2050, Allows ‘Flexibility’ for Gas Power Plants Opposition Mounts as O’Leary’s Data Centre Approved in Drought-Stricken Utah Diluted Carbon Price Misses ‘Reality of the World We’re In’, Could Impede Diversified Trade: Climate Institute $200B in Clean Energy Investment Will Need On-Time Delivery, Reliable Policies, Trade Association Says ‘Sovereign Pipeline’: CEO Pitches to Keep Trans Mountain in Government Hands What a Supercharged El Niño Could Mean for Canada Canada’s future is electric, and here’s how a power grid superhighway would get us there (Toronto Star) The Perilous Waters of Hecate Strait (Globe and Mail) Saudi Aramco profits jump despite conflict in Middle East (The Guardian) Farmers confront rising cost of fertilizer and fuel as spring seeding under way (Canadian Broadcasting Corporation) Clarkson forecasts 24% decline in offshore oil, gas capital expenditures (Oil & Gas Journal) Pipe Dreams: How Oil and Gas Fail to Deliver Economic Development in Africa (Oil Change International) Developing countries must hold the pen to script the fossil fuel transition (Climate Home News) Iran war threatens the dream of a post-oil economy in the Gulf (Washington Post) U.S. Oil, Gas Work Force Hits Lowest Level Since 2022 (Rigzone) Why Polestar Is Doubling Down on Net Zero as Rivals Pull Back on EVs (Bloomberg) Why this Michigan utility plans to sell its hydro dams for $13 (E&E News/Politico) Levees can no longer save New Orleans (Vox)

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May 16 • 6:41 PM EDT • Politics • energymixweekender.substack.com
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Bill Nye Says 'It's Still Hard to Grasp' the Impact of His Beloved Science Show: 'Put My Heart and Soul into It' (Exclusive)

'Bill Nye the Science Guy' premiered in 1993 and ran until 1998 on PBS, later becoming a staple across classrooms in the country

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May 16 • 2:58 PM EDT • Science • yahoo.com
How Boston health clinics are using ketamine to help treat mental health. "It's worth it."
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May 16 • 2:52 PM EDT • Health • cbsnews.com
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ENTERTAINMENT: Opera in the Ozarks sets summer season; CALS screens ‘The Grocery List Show’

Opera in the Ozarks, the summer music festival and opera training program, will feature two fully staged operas and one opera pairing, June 26-July 24 at Inspiration Point Center for the Arts, five miles west of Eureka Springs.

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May 16 • 1:00 PM EDT • Entertainment • nwaonline.com
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Virginia’s new House map is dead. Democrats think they can still flip these seats.

Republicans won the redistricting war in Virginia, but several lawmakers remain vulnerable.

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May 16 • 12:48 PM EDT • Politics • washingtonpost.com
Cannes Critics' Week Yemen Film Interview: Sara Ishaq on 'The Station'

Oscar-nominated Yemeni-Scottish director Sara Ishaq wants to "change the narrative" with her fiction feature debut, set at a women-only gas station, which is premiering in the Cannes Critics’ Week lineup.

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May 16 • 11:30 AM EDT • Politics • hollywoodreporter.com
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Health expert shares screening advice for women of all ages

Dr. Lydia Pace explains which health screenings women should prioritize and why younger women should still stay proactive.

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May 16 • 10:38 AM EDT • Health • wcvb.com
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Arsenal v Burnley: Key stats and talking points

Arsenal can't seal the Premier League title on Monday night (20:00 BST), even with a win, after Man City's midweek victory pushed any celebrations back. Burnley, already relegated, have nothing at stake — yet they've shown they can still upset bigger plans. Arsenal have spent three seasons living with the sting of near misses, always measured against a relentless Manchester City side that has dominated the Premier League.

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May 16 • 10:19 AM EDT • Sports • sports.yahoo.com
Austria proves too good for Britain at ice hockey worlds

Britain marked its return to the ice hockey world championship with a 5-2 loss to Austria on Saturday. Britain answered with a couple of goals through David Clements and Liam Kirk 37 seconds apart still in the first period before Austria stretched the lead with two more goals in the second when the newcomer was restricted to only two shots on goal. Peter Schneider scored twice for Austria.

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May 16 • 9:45 AM EDT • Sports • sports.yahoo.com
PGA Championship third round leaderboard, live updates: Can Scottie Scheffler catch Alex Smalley, Maverick McNealy?

The PGA Championship is still wide open.

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May 16 • 8:45 AM EDT • Sports • sports.yahoo.com
The real reason exercise makes you stronger isn’t what you think

Exercise may be training your brain just as much as your body. Researchers discovered that certain brain cells stay highly active even after a workout ends, and those lingering signals appear to help the body build endurance over time. In experiments with mice, blocking these brain cells prevented improvements in stamina, even when the animals still exercised normally.

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May 16 • 8:00 AM EDT • Science • sciencedaily.com
A North Carolina farmer is testing whether Democrats can still win rural America

In North Carolina, Jamie Ager is distancing himself from his national party to win a congressional seat.

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May 16 • 6:00 AM EDT • Politics • washingtonpost.com
Fear of God Essentials hoodies are status symbols for tweens and teens

Fear of God Essentials hoodies might be expensive, but parents are still buying them for teens and tweens. Now, they're status symbols at school.

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May 16 • 5:38 AM EDT • Business • businessinsider.com
Latest News from CNN Politics
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May 15 • 4:59 PM EDT • Politics • cnn.com
CDC Didn’t Tell New York About Resident on Hantavirus-Plagued Cruise

There’s no indication that the New Yorker was returning to the U.S. But public health experts said the city and state still should have been informed.

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May 15 • 4:41 PM EDT • Health • theintercept.com
Safety Tips: Environmental health, safety and risk management

New Mexico State University's Department of Environmental Health, Safety and Risk Management (EHS&RM) is dedicated to protecting the health and safety of students, faculty, staff and visitors...

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May 15 • 1:47 PM EDT • Health • newsroom.nmsu.edu
PFA has been a game-changer for heart patients—but there are still risks

Devi Nair, MD, reviewed some of the rare complications clinicians are seeing with PFA.

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May 15 • 1:30 PM EDT • Business • cardiovascularbusiness.com
Cuban political detainee released after US issues 2-week deadline

Cuban political prisoner Sissi Abascal Zamora is seen hugging loved ones outside La Bellotex women's prison in video posted of her release.

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May 15 • 12:55 PM EDT • Politics • usatoday.com
Ariel Investments Cuts Stake in Dolan’s Sphere Entertainment by 22%

Ariel is still the third largest institutional holder of Sphere's shares, which have been on a tear, up 455% from their April 2025 low.

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May 15 • 10:15 AM EDT • Entertainment • sportico.com
The Odds: Trump & Latino Voters
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May 15 • 9:50 AM EDT • Politics • cnn.com
Health execs persevere in new policy landscape

Despite a prolonged period of policy uncertainty in the U.S.—and the ripple effects across the global life sciences and healthcare industries—executives at health companies are still seeing opportu | Despite a prolonged period of policy uncertainty in the U.S.—and the ripple effects across the global life sciences and healthcare industries—executives at health companies are still seeing opportunities amid the tumult.

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May 15 • 9:10 AM EDT • Health • fiercepharma.com
How a little-known virus on a cruise ship put the world’s health security framework to the test

When the United Kingdom notified WHO on 2 May 2026 of a cluster of severe respiratory illness cases aboard a Netherlands-flagged cruise ship in the Atlantic, passengers from 23 countries were on board. Within days, cases of hantavirus (Andes strain) had been confirmed in the Netherlands, South Africa and Switzerland. The ship was still at sea.

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May 15 • 8:00 AM EDT • Health • who.int
Brad Raffensperger can’t outrun 2020 election. Neither can Georgia politics.

It's been six years since Donald Trump lost Georgia. But that election is still driving campaigns in both major political parties.

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May 15 • 5:30 AM EDT • Politics • ajc.com
Why isn't alcohol seen as a public health emergency?

Why isn't alcohol seen as a public health emergency? Alex Hogan talks to STAT's Isabella Cueto and Lev Facher about their new series on this week's STATus Report.

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May 15 • 4:30 AM EDT • Health • statnews.com
Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.

Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe

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May 15 • 3:04 AM EDT • Politics • adamtooze.substack.com
Bermuda Triangle Mystery 'Solved'? Scientists Reveal Structure Found Beneath Island

Bermuda still sits atop a broad swell, standing roughly 1,600 feet higher than the surrounding ocean floor, reports Carnegie Science.

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May 15 • 2:41 AM EDT • Science • ndtv.com
Big Bets Report: Wolves Win Would Equal Huge Payday For Nick Wright

Patrick Everson reports on the latest big bets, including a still-alive futures wager from FS1's Nick Wright.

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May 14 • 10:27 PM EDT • Sports • foxsports.com
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East Harlem businesses worry Second Avenue subway project is steering away customers
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May 14 • 9:41 PM EDT • Business • cbsnews.com
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When will the Eastern Conference Final start? NHL gives two options for Hurricanes

The Carolina Hurricanes are still waiting to find out who they'll play in the Eastern Conference Final, but for now, the NHL has released two options, depending on when the the series between the Montreal Canadiens and Buffalo Sabres finishes.

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May 14 • 8:21 PM EDT • Sports • wral.com
"Only in Nebraska": Kearney welcomes nation's largest rural health education complex

Cold Open SOT Dr. Gold “only in Nebraska, my friend. And and here we are today. And I mean that sincerely, because this has been tried in Kansas, in Iowa, it's

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May 14 • 8:00 PM EDT • Health • nebraska.tv
Why the Price of Gas Is the Most Important Number in US Politics

Gasoline accounts for a shrinking share of household budgets, but its political power can still make or break a presidency.

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May 14 • 8:00 PM EDT • Politics • bloomberg.com
A 47-year study reveals when strength and fitness start to fade

A groundbreaking Swedish study that tracked people for nearly 50 years has revealed when the body’s physical decline quietly begins. Researchers found that fitness, strength, and muscle endurance start slipping around age 35, with the decline accelerating over time. But there’s an encouraging twist: adults who became active later in life still improved their physical performance by up to 10 percent.

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May 14 • 8:00 PM EDT • Science • sciencedaily.com
Bob Myers, Josh Harris address Jared McCain trade; 76ers weighing if 3-max-player roster can still deliver NBA title
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May 14 • 7:03 PM EDT • Sports • sports.yahoo.com
Louisiana senate passes new U.S. House map that would eliminate majority-Black district

The new U.S. House districts, which still need House approval, would be used for primary elections poised to be postponed from Saturday until November. This as South Carolina's governor pushed for congressional redistricting and could call lawmakers into a special session.

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May 14 • 5:01 PM EDT • Politics • pbs.org
University at Albany opens up campus, and science exploration, to district students

The semester may be over at the University at Albany but the campus is still buzzing with student learning – it just may not be the students you expect. Junior Falcon scientists from North Albany Middle School, Stephen and Harriet Myers Middle School and William S. Hackett Middle School presented their experiments, and findings, to professors and graduate students at UAlbany’s Emerging Technology and Entrepreneurship (ETEC) Complex on Thursday. After the science fair, the sixth and seventh-graders explored ETEC – which houses researchers, educators and entrepreneurs – and the tour was followed by a discussion with a UAlbany atmospheric science researcher and the awards ceremony. Most will likely recognize one of the science fair judges – Damian participated in the project assessments and hopefully recruited some future Great Danes!

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May 14 • 3:16 PM EDT • Science • albanyschools.org
‘I run an operation that is nimble and small’: Jack Schlossberg dismisses NYT report about ‘erratic’ House campaign
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May 14 • 1:44 PM EDT • Politics • cnn.com
Small businesses should be a much bigger part of the 'AI transformation' conversation

Surveys show adoption is rising fast, but most small business owners are still scratching the surface of what AI can do for them.

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May 14 • 12:00 PM EDT • Business • fastcompany.com
Not happy with your UPK offers – Tour the Brooklyn Preschool of Science (sponsored) | Brooklyn Bridge Parents - News, Events and Family Services

You’re not alone—and more importantly, you still have great options. In fact, this could be the perfect opportunity to give your child something closer to home, personalized and enriching. At Brooklyn Preschool of Science, we offer an experience that goes beyond the standard preschool model. Learn more here and schedule a private tour here. Our STEM-based curriculum introduces

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May 14 • 10:12 AM EDT • Science • brooklynbridgeparents.com
The Odds: President Trump & Gas Prices
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May 14 • 10:05 AM EDT • Politics • cnn.com
Paleontology rocked by discovery of organic molecules in 66-million-year-old dinosaur bones

Scientists have uncovered compelling evidence that dinosaur fossils may still contain traces of their original proteins, overturning a long-standing belief that fossilization destroys all organic material. In a remarkably well-preserved Edmontosaurus fossil from South Dakota, researchers detected remnants of collagen — the main protein found in bone — using advanced techniques including mass spectrometry and protein sequencing.

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May 14 • 8:00 AM EDT • Science • sciencedaily.com
From 'The Lincoln Lawyer' to 'Outer Banks', why do hit Netflix shows keep being cut short?

Netflix keeps ending fan-favorite hits after just a few seasons — even when audiences are still growing.

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May 14 • 7:35 AM EDT • Entertainment • yahoo.com
Kevin McKernan is helping St. Louis keep its local flavor, one business at a time

Kevin McKernan owns a half-dozen of the kind of classic neighborhood businesses that feel increasingly endangered. He and his wife Erin own Donut Drive-In, the unpretentious shop in Lindenwood Park. They own Epiphany Lanes, a low-key bowling alley once run by the Catholic parish that still shares its parking lot. He founded The Improv Shop […]

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May 14 • 6:47 AM EDT • Business • stlmag.com
Jayson Tatum Reveals Lofty Goals He's Still Chasing With Celtics

What does Tatum still want to accomplish in his NBA career?

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May 13 • 11:40 PM EDT • Sports • sports.yahoo.com
Don Mattingly Sends Words of Encouragement to Struggling Andrew Painter

It's been a very ugly start to Andrew Painter's professional career with the Philadelphia Phillies, though it's still far too early to press the panic button just yet.

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May 13 • 10:48 PM EDT • Sports • sports.yahoo.com
‘Inside the NBA’ on Jason Collins’ death: ‘It was a terrible day for the NBA’

Barkley also believes there are still several gay players in many North American sports who have yet to come out due to societal pressure.

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May 13 • 10:08 PM EDT • Sports • nytimes.com
Republican voters grapple with Trump-Massie feud days before primary
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May 13 • 8:10 PM EDT • Politics • cnn.com
Miami-Dade commissioners discuss long-delayed mental health facility, but still not on agenda for a vote

More than two decades after voters approved funding for a mental health facility, Miami-Dade County leaders are still debating when — or how — it will finally open.

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May 13 • 7:11 PM EDT • Health • nbcmiami.com
AI uses 12-lead ECGs to predict long-term stroke risk

Stroke is still a leading cause of death all over the world. A new AI model showed early potential to anticipate such adverse outcomes up to a decade in advance, ensuring high-risk patients receive the care they need.

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May 13 • 5:26 PM EDT • Business • cardiovascularbusiness.com
Kohli hits unbeaten century as RCB move top

Virat Kohli hit a brilliant unbeaten 105 as Royal Challengers Bengaluru beat Kolkata Knight Riders by six wickets to move top of the Indian Premier League table. Opening the batting, the 37-year-old struck 11 fours and three sixes in his 60-ball innings as RCB chased down their target of 193 with five balls to spare. Kohli, who was dismissed for ducks in his two previous innings but is still averaging over 50 for the fourth consecutive year, lost opening partner Jacob Bethell for 15 when he was caught and bowled by Kartik Tyagi.

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May 13 • 3:24 PM EDT • Sports • sports.yahoo.com
Why Trump China is trending
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May 13 • 3:10 PM EDT • Politics • cnn.com
Trump’s bizarre behavior often gets a pass. That’s starting to change

The week is still young. But it’s already been a humdinger for President Donald Trump.

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May 13 • 11:52 AM EDT • Politics • cnn.com
42-year-old former urban planner chased her dessert-making dreams—her ice cream business brings in $2.8 million a year

Malai founder Pooja Bavishi used to sell ice cream with flavors like masala chai at outdoor markets in New York. Now, the company brings in $2.8 million a year.

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May 13 • 11:43 AM EDT • Business • cnbc.com
The Odds: President Trump & Inflation
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May 13 • 9:49 AM EDT • Politics • cnn.com
Trump arrives in Beijing for high-stakes meeting with Xi
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May 13 • 8:37 AM EDT • Politics • cnn.com
Voices of Cuban political prisoners at the center of U.S.-Cuba talks

Two political prisoners central to ongoing high stakes negotiations between the U.S. and Cuba were given an ultimatum: Leave Cuba or stay in prison.

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May 13 • 7:02 AM EDT • Politics • usatoday.com
Calendar Pick: Weaver D’s Food & Entertainment Festival

Athens’ beloved soul food restaurant Weaver D’s Fine Foods closed its doors at the end of February, but the community will still come together in its name for Weaver D’s Food & Entertainment Festival. The festival theme is “Automatic For The People,” the restaurant’s famous slogan that put it on the map when R.E.M. used it as an album title in 1992. Attendees can enjoy a variety of food options, including but not limited to Londynn’s Lemonade, Taylor’s Treats and Ron & Sandra’s Fish Shack. Dexter Weaver, Weaver D’s owner, will also be serving the restaurant’s full menu. Entertainment will include the New Faith Tabernacle Male Chorus, Lavender House, Mr. Mister, The PRESHA Steppas, Old Gold Sport Peppers, Smackedass, Tonya […]

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May 13 • 12:03 AM EDT • Entertainment • flagpole.com
Canon’s First Full-Frame Power Zoom is Here: RF 20-50mm f/4L IS USM PZ Specs Revealed

We have the complete spec sheet for the new Canon RF 20-50mm f/4L IS USM PZ. At just 420g with 8 stops of stabilization, this hybrid L-series lens is a great option for both video and stills.

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May 12 • 10:55 PM EDT • Technology • canonrumors.com
Miami Dolphins Rookie Le'Veon Moss Retires Suddenly At 23

With training camp still over two months away, the Miami Dolphins have unfortunately announced that rookie running back Le’Veon Moss won't be present for it. The Dolphins signed Moss as an undrafted free agent on May 8. The talented running back from Texas A&M had 1,767 yards and 22 touchdowns ...

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May 12 • 10:40 PM EDT • Sports • sports.yahoo.com
Sony’s new Xperia phone gets an overdue redesign

But still no US release.

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May 12 • 10:00 PM EDT • Technology • theverge.com
Steam Controller has no speaker, but it can still 'scream' if dropped

Steam Controller has a hidden Wilhelm scream easter egg, triggered by dropping the gamepad Steam Controller users have found a hidden easter egg in

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May 12 • 8:00 PM EDT • Technology • videocardz.com
Decades after voter approval, Miami mental health center still not open

It has been more than 20 years since Miami-Dade County voters approved funding for a facility intended to help people living with mental illness. Yet today, the $51 million Miami Center for Mental Health and Recovery remains unopened despite being fully constructed and ready for use.

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May 12 • 7:37 PM EDT • Health • nbcmiami.com
The Steelers actually need Mason Rudolph

The Pittsburgh Steelers is still trying to gain some clarity on the quarterback position. After drafting former Ohio State Buckeyes standout Will Howard in 2025, Pittsburgh selected Drew Allar out of Penn State this year. Ultimately, new head coach Mike McCarthy has made it clear that he would love for Aaron Rodgers, who won the…

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May 12 • 5:16 PM EDT • Sports • sports.yahoo.com
NMSU Leyendecker Science Center to host first field day of the season

Water, biochar, soil health and more will be discussed during the first field day of the year, hosted by New Mexico State University’s Agricultural Experiment Station. The Leyendecker Science...

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May 12 • 4:35 PM EDT • Science • newsroom.nmsu.edu
The First Atomic Bomb Made a Crystal Scientists Had Never Seen Before

Trinitite still holds strange matter forged in seconds by the Trinity blast.

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May 12 • 4:04 PM EDT • Science • zmescience.com