Saturday, May 09, 2026

THE NEW STATESMAN: The Saturday Read: Aftermath


e

The Saturday Read: Aftermath

What comes after the historic election results?

 



READ IN APP
 


Tom McTague

Good morning. Welcome to the Saturday Read. Here is the best of the New Statesman to read this weekend. You can follow the results of the local, Scottish and Welsh elections on our live map.





1—All eyes on Angela Rayner

Ailbhe Rea asks if Rayner will go over the top and challenge Keir Starmer.



And also in reaction to the results, we have:

Keep an eye on the site across the weekend for more.


2—”Paging Prime Minister Farage

Andrew Marr imagines life under a Reform government.




3—“Britain is still breaking up

As the results come in from Scotland and Wales, read Alex Niven on the future of the union.




4—“The case for Manchesterism

Matthew Lawrence argues that a courageous Labour party could truly reshape Britain.






Retirement planning isn’t a single moment - it’s a lifelong journey. Whether you’re in your thirties building pension foundations, your fifties consolidating savings, or approaching retirement itself, each stage brings distinct decisions. From workplace pensions and ISAs to phased retirement and income management, thoughtful preparation at every step makes all the difference. Start your retirement conversation today at trinitybridge.com.




5—“David Attenborough’s natural habitats

Our most nationally treasured national treasure turns 100.




6—“Democrats need Hasan Piker

Freddie Hayward explains why no party can afford to ignore the new media.




7—“Miranda Priestly is still my hero

Hollywood female leads expressing a preference for work over children still feels a little transgressive, writes Susie Goldsborough.




8—“Vladimir Putin’s nightmares have come true

How Russia’s leader created the world he always feared.





TOP - RoS-FLS-Campaign_Leaderboard_728x180.gif

To enjoy our latest analysis of politics, news and events, in addition to world-class literary and cultural reviews, click here to subscribe to the New Statesman. You'll enjoy all of the New Statesman's online content, ad-free podcasts and invitations to NS events.

 

GOLDEN CHAOS > Read more | The Daily Beast May 9, 2026

 

The artist’s initial response to the prospect of another collaboration with the MAGA crypto bros who commissioned the so-called “Don Collosus” statue was short: “f--k no.” 

The sculptor behind a 22-foot golden statue of Donald Trump unveiled at the president’s golf course this week says it was “chaos” behind the scenes.

“Once somebody has shown that they can’t be trusted to do what they say, you don’t work with them anymore,” sculptor Alan Cottrill told Miami New Times when asked in an interview whether he would work on the upcoming skyscraper set to become the Donald J. Trump Presidential Library in Miami.

 

10-Year Flashback. . .. . . WOT back then, a few people called me "A Rabble-Rouser"

You now have a source for local reporting . . . a few people call me "A Rabble-Rouser" but we try to keep 'em honest.

 No photo description available. 

THE PHILIPPINE EEZ: Major Surface Combatants

 
As of April 2026, the Philippines and the U.S. are establishing a 4,000-acre "Economic Security Zone" in the Luzon Economic Corridor, designed to boost supply chain security, particularly in AI, semiconductors, and technology manufacturing. 
This initiative serves as an industrial hub for allied investments, leveraging the Philippines' human capital and strategic location. 
 
Investments approved by the Philippine Economic Zone Authority (PEZA) in  the first four months of the year rose by 72 percent to more than ₱100  billion compared to a year ago, as 

Toplines

Readouts from preparatory phone calls ahead of US President Donald Trump and CCP General Secretary Xi Jinping’s meeting next week indicate that trade, US arms sales to Taiwan, and the Iran War may be the top issues of discussion between Trump and Xi. 
[...]
 
The PRC is the largest buyer of Iranian oil, purchasing over 80 percent of Iranian crude oil before the war.[27] 
  • Less than 7% of the PRC’s overall energy consumption is from Middle Eastern oil, however.[28] 
  • The PRC also has insulated itself from supply shocks by diversifying its energy supplies and stockpiling nearly 1.4 billion barrels of oil in December 2025.[29] 
  • The PRC has continued to purchase Iranian oil throughout the war by accepting imports from tankers that were already in transit or were storing oil at sea when the war began, despite the blockage of the Strait of Hormuz.[30] 
  • The PRC’s invocation of the anti-sanctions law, together with new April 7 and April 13 regulations on industrial and supply chain security, expands the PRC legal framework to counter foreign sanctions and other related measures and prosecute foreign companies perceived to be acting against PRC interests.[31] 

PRC Vulnerability to Middle East Energy Supply Disruptions, April 2026

The Taiwanese Legislative Yuan (LY) passed a special defense budget totaling 780 billion New Taiwan Dollars (NTD) (roughly 25 billion USD) on May 8. 

The budget lacks funding for key efforts to modernize Taiwan’s defense industry and military capabilities. 
The budget will be split to fund two rounds of arms purchases.
  1. The first round allocates 300 billion NTD for High Mobility Artillery Rocket Systems (HIMARS), M109A7 self-propelled howitzers, anti-armor drone missile systems, and Javelin and TOW anti-tank guided missiles. 
  2. The second round will allocate 480 billion NTD for anti-ballistic missile systems, low and medium altitude air defense systems, counter-drone systems, and the replenishment of anti-tank guided missiles.[32] 
  3. The budget lacks the funding for domestic weapons development, the ‘T-Dome’ missile defense network, and joint US-Taiwan manufacturing found in the Executive Yuan’s (EY) version.[33] 
  4. The opposition Kuomintang (KMT) and Taiwan People’s Party (TPP) voted to pass the budget. 
  5. The ruling Democratic Progressive Party (DPP) continued to support the EY’s 1.25 trillion NTD (roughly 40 billion USD) budget.[34]

KMT Chairwomen Cheng Li-wun met Taichung Mayor Lu Shiow-yen and Legislative Speaker Han Kuo-yu on May 7. Lu and Han favored the 25 billion USD budget over the KMT’s original proposed budget of “380 billion + N” NTD (roughly 12 billion US dollars plus an unspecified amount ‘N’ for future arms purchases) favored by Cheng.[35] 

The KMT and TPP likely accepted a larger budget than their original proposals due to pressure from the United States and a desire to align with mainstream public opinion prior to the November local elections.[36] 

Cheng’s inability to convince the KMT to pass the smaller budget may suggest that moderate KMT politicians and public opinion will impact her ability to further her legislative objectives in the near future. 
  • This smaller defense budget will limit Taiwan’s ability to invest in its domestic defense industries and key military system research.
Taiwanese Special Defense Budget Passed on May 8, 2026

Key Takeaways

Cross-Strait Relations

Taiwan
...ISW-CDOT has previously assessed that the PRC seeks to amplify the perception that most of Taiwan’s population supports greater cross-strait engagement and depict the DPP’s cross-strait policy as alienated from the will of the Taiwanese people.[42] A PRC Ministry of National Defense spokesperson stated on April 30 that the MAC’s investigation into Lu was a product of the DPP’s unwillingness to accept closer relations between the PRC and Taiwan.[43] The PRC uses Taiwanese efforts to counter PRC information operations as evidence for PRC narratives that Taiwan’s government is out of touch with the wishes of its people for cross-strait unity.[44] Recent polling data suggests that only around 10 percent of Taiwanese people support unification with the PRC, which includes those who support unification under a Republic of China government but would not support CCP rule over Taiwan.[45]

Taiwanese President William Lai Ching-te circumvented PRC efforts to limit Taiwanese diplomatic engagement by successfully visiting Eswatini, Taiwan’s only diplomatic ally in Africa.

Taiwan’s Ministry of National Defense (MND) reported that its emergency loan program for Taiwanese military personnel has disbursed around 6.7 million US dollars since January 1. The program could hinder PRC efforts to recruit spies by exploiting financial insecurity among Taiwanese soldiers. 
 

Southeast Asia

Philippines

The 2026 Balikatan exercises focused on enhancing interoperability among US allies in the Indo-Pacific and developing a denial-based defense concept within the first island chain that integrates lessons from the war in Ukraine. 

Enhanced cooperation between the United States and its regional partners in the Indo-Pacific will likely present a major obstacle to PRC regional ambitions.  
  1. Warships from the United States, the Philippines, Japan, Australia, and Canada conducted combined exercises focusing on anti-submarine operations, fleet air defense, and replenishment at sea in the West Philippine Sea from April 20 to May 1.[67] 
  2. This is the first time that Japan has joined Balikatan as an active participant.[68] 
  3. US, Philippine, and Japanese forces also practiced defending against an amphibious invasion using the United States’ High Mobility Artillery Rocket System (HIMARS) to strike surface targets at a distance.[69] 
  4. US forces also practiced deploying unmanned surface vessels (USV) similar to the Ukrainian Magura USV from an island in the middle of the Luzon Strait, a critical waterway that the PLAN uses to operate beyond the first island chain and around Taiwan.[70] 
  5. The exercises also practiced deploying and using the US Navy-Marine Corps Expeditionary Ship Interdiction System (NMESIS), Typhon missile system, and Japan’s Type 88 anti-ship missile, all of which could be used to deny use of the Luzon Strait to the PLAN.[71] 
  6. A denial-based defense of the first island chain would likely significantly limit the PLAN’s ability to operate safely beyond the PRC’s immediate waters, preventing the PLAN from completely isolating Taiwan during wartime.

 The PRC typically couples US and allied cooperation with increased PLA military activity and capitalizes on internal alliance tension to dissuade future cooperation.

...The PRC is using alleged ecological damage by Philippine personnel to portray itself as the more responsible custodian of disputed South China Sea territories. . .
  • The PRC is likely accusing the Philippines of causing ecological damage to Sandy Cay to support its territorial claims and possibly as a response to similar Philippine accusations against the PRC. 
  • The Philippine National Security Council accused the PRC on April 13 of using cyanide fishing to kill the fish population in Second Thomas Shoal, removing a source of food for Philippine personnel stationed in the area.[80]  

The CCG, MOD, and PRC state media lodged counter-accusations that Philippine personnel on the BRP Sierra Madre were damaging the ecosystem by burning garbage and dumping it in the water.[81] The Sierra Madre is a grounded warship that the Philippine military uses as an outpost at Second Thomas Shoal. The PRC has also used the pretext of environmental protection to justify its control over Scarborough Shoal, which it seized from the Philippines in 2012. The PRC established a “nature reserve” on Scarborough Shoal in September 2025 to justify strengthened “law enforcement” against Philippine vessels trying to enter the area.[82]

The Philippine Coast Guard (PCG) said it would drive away four PRC research vessels illegally surveying the Philippine Exclusive Economic Zone (EEZ). PCG spokesperson for the West Philippine Sea Jay Tarriela announced on May 2 that the PCG detected four PRC research vessels conducting “illegal marine scientific research” in the Philippine EEZ.[83]


PCG spokesperson for the West Philippine Sea Jay Tarriela announced on May 2 that the PCG detected four PRC research vessels conducting “illegal marine scientific research” in the Philippine EEZ.[83] The vessels included the advanced oceanographic survey ship Xiang Yang Hong 33, a research ship specializing in marine research and hydro-acoustics called Shi Yan 1, the deep-sea research ship Jia Geng, and the intelligent drone mothership Zhu Hai Yun, which all operated in different areas. Tarriela said that the PCG would send ships and aircraft to drive the research vessels away from Philippine waters.[84] The PRC’s embassy in Manila claimed that the ships’ activities were within waters under PRC jurisdiction and “beyond reproach.”[85] The UN Convention on the Law of the Sea (UNCLOS) does not permit unauthorized economic or scientific activities in other countries’ EEZs. The PRC disputes Philippines territorial claims in the South China Sea and claims its own territorial or economic rights over the majority of the sea, however. 

The PRC very likely uses research vessels to improve its undersea surveillance and submarine navigation capabilities. The Jia Geng sailed through Bashi Channel between Taiwan and the Philippines and is currently surveying a seamount southeast of Taiwan that overlaps with the Philippine EEZ, according to ship-tracking data from Starboard Maritime Intelligence. The Bashi Channel is a key maritime chokepoint that the PRC will very likely seek to control during a blockade or invasion of Taiwan. The Xiang Yang Hong 33 operated from April 20 to May 5 very close to Sabina Shoal, Second Thomas Shoal, and Iroquois Reef. All three are disputed features that the PRC seeks to seize from Philippine control through a variety of coercive means. Several of the research vessels can deploy Unmanned Underwater Vehicles (UUVs) and frequently operate in the South China Sea and around Taiwan, according to Starboard data. The PRC’s “Transparent Ocean” initiative aims to build a multilayered web of sensors to enhance PLA undersea navigation and detection capabilities.[86] The PRC very likely uses ostensibly civilian research vessels to map underwater terrain, deploy undersea sensors and surveillance drones, and place navigational beacons for submarines in preparation for future conflict.

Map Thumbnail

Oceania

Australian officials carried out diplomacy with the PRC, Japan, and other Indo-Pacific countries to secure Australia’s fuel and fertilizer supplies amid the Iran War.  Australian Foreign Minister Penny Wong met with Japanese Foreign Minister Toshimitsu Motegi on April 28, PRC Foreign Minister Wang Yi on April 29, and South Korean Foreign Minister Cho Hyun on April 30.[87]  

  • The discussion centered on the provision of jet fuel, diesel, gasoline, and fertilizer to Australia, which Wong said was necessary for Australia to continue shipping them food, coal, and liquified natural gas (LNG).[88] 
  • Japan, the PRC, and South Korea do not have substantial natural oil resources but are major exporters of refined oil products, which they produce from imported crude oil. Wong said the PRC agreed to cooperate with Australian businesses on jet fuel shipments.[89] 
  • The PRC accounted for about one third of Australia’s jet fuel imports before the Iran war, but significantly curtailed its exports of jet fuel and other fuels in March and April to secure the PRC’s domestic supply.[90] 
  • Australia similarly announced a policy on May 7 to reserve a portion of LNG equivalent to 20 percent of its exports for domestic consumption. This will not affect existing contracts but will reduce its future exports.[91] 
  • Australia is a major supplier of LNG, iron ore, and other raw materials to the PRC.[92] 
  • Australian Prime Minister Anthony Albanese and Japanese Prime Minister Sanae Takaichi met in Canberra on May 4 and signed a joint pledge to deepen cooperation on energy security, critical minerals, and defense.[93]  
  • Australia supplies nearly half of Japan’s LNG, while Japan is a top five supplier of gasoline and diesel to Australia.[94]

Indo-Pacific countries are working to shore up critical energy supplies disrupted by the Iran War while avoiding overdependence on the PRC, which has increasingly leveraged economic dependencies to secure political and security concessions from trading partners.


South Asia

Pakistan

Pakistan commissioned the first of eight Hangor-class attack submarines derived from a PRC design, indicating Pakistan’s reliance on PRC military technology. The PRC could use Pakistan’s reliance on its military relationship with the PRC to support power projection efforts in the Indian Ocean.  

  1. Pakistan commissioned the first Hangor-class submarine on April 30 in Sanya, Hainan Province, with Pakistan President Asif Ali Zardari in attendance.[96] 
  2. The Hangor-class is likely a copy of the PRC’s Type 039A diesel-electric attack submarine equipped with air-independent propulsion, increasing the amount of time the submarine may remain submerged.[97] 
  3. The Hangor-class is the latest example of Pakistan’s extensive military reliance on PRC-designed and produced equipment. 
  4. Pakistan also operates the PRC’s J-10C and likely used it to score multiple aerial victories during its May 2025 conflict with India.[98] 
  5. The PRC could similarly use Pakistan as a testing ground for the performance of the Type 039A. Pakistan also operates surface vessels derived from the PRC’s Type 054A and Type 053H3 guided missile frigates.[99] 
  6. Approximately 80 percent of Pakistan’s arms imports from 2021 to 2025 came from the PRC.[100]
The PRC could leverage Pakistan’s reliance on its arms industry to exact concessions from Pakistan to aid its regional posture in the Indian Ocean. 
  • A major limiting factor in PRC power projection is its lack of overseas bases to support long-range naval deployments.[101] 
  • Pakistan’s Gwadar Port is operated by a PRC state-owned enterprise and is large enough to host all PLAN major surface combatants.[102]

PRC military infrastructure in Pakistan could improve PRC power projection in the Indian Ocean and the Middle East. The PRC could use this newfound capability to secure critical sea lines of communication (SLOC) in the region that it relies on for some of its energy imports.[103] The PRC could also use enhanced power projection through Pakistan to support its ambitions in the Middle East where it has increasingly sought to represent itself as a force for peace and stability, including during the current war between the United States and Iran.[104]

Related Research
Page · Nonprofit organization
The Institute for the Study of War (ISW) is a non-partisan, non-profit, public policy research organization. ISW advances an informed understanding of military affairs through reliable research, trusted analysis, and innovative education.

 

 

 

LOOKING FOR STABILITY NOT A BREAKTHROUGH >> A war in Iran that has reshaped the dynamic between two leaders.

May 9, 2026 The postponed Beijing summit between President Trump and China’s President Xi is back on the agenda, delayed by a war in Iran that has reshaped the dynamic between the two leaders. 
After a tumultuous 2025 that saw tariff escalation and revealed critical mineral choke points, both sides are looking for stability, not a breakthrough. 
188,000 views May 7, 2026  
In this video, Project Freedom on Pause | MV Fairfax Alliance & CS Anthem Out | US Strafes an Iranian Tanker, Sal Mercogliano provides an update on the deteriorating maritime situation in the Strait of Hormuz, noting that the U.S.-led "Project Freedom" escort operation has been paused following a series of intense attacks and diplomatic complications. 
 
  • While the U.S.-flagged vessels Alliance Fairfax and CS Anthem successfully exited the Persian Gulf under heavy military escort, other commercial ships like the CMA CGM San Antonio and HMM Namu have reportedly suffered damage from projectiles and potential mines. 
  • Sal also breaks down Iran's attempt to exert control through its new "Persian Gulf Strait Authority" and the significant escalation of the U.S. Navy strafing the Iranian tanker Hansa to enforce its own blockade, highlighting the harrowing risks currently faced by mariners trapped in the region. 
  • Contact What's Going on With Shipping via: Patreon: www.patreon.com/wgowshipping Twitter: @mercoglianos Bluesky: @mercoglianos.bsky.social Facebook: @wgowshipping Email: mercoglianosal@gmail.com 
 
 00:00 - Introduction 01:30 - Update on Project Freedom: US-Flagged Escorts
 
 02:40 - Details of the Alliance Fairfax & CS Anthem Transit 
 
 05:30 - Why Project Freedom was Paused  
 
07:01 - Iran’s New "Persian Gulf Strait Authority" (PGSA) 
 
 09:22 - The Battle of Shipping Lanes: US vs. Iranian Channels  
 
10:48 - US Blockade Operations & Satellite Fleet Overview  
 
12:01 - Analysis of the JMIC May 7th Report 
 
 13:35 - Recent Attacks: Baraka, HMM Namu, and JV Innovation  
 
14:55 - The Attack on CMA CGM San Antonio & Crew Injuries  
 
16:40 - US Navy F-18 Strafes Iranian Tanker Hansa  
 
19:54 - Challenges for the 900 Ships Trapped in the Gulf 
 
 20:23 - Geopolitical Updates: Saudi, Kuwait, and UAE Reactions  
 
21:08 - Mariner Perspectives: The Plight of Sailors in the Strait 
 
 22:30 - Final Thoughts Marine Traffic www.marinetraffic.com 
 
Trump Abruptly Pauses ‘Project Freedom’ Hormuz Shipping Operation as Iran Talks Advance https://gcaptain.com/trump-abruptly-p... 
 
Gulf’s Fragile Trade Lifeline Hangs on Two Eastern UAE Ports https://gcaptain.com/gulfs-fragile-tr... 
 
 
Adnoc Appears to Export Second LNG Shipment Through Hormuz https://gcaptain.com/adnoc-appears-to... 
 
Explosion Hits Ship as Trump’s Hormuz Push Meets Reality https://gcaptain.com/explosion-hits-s... 
 
CMA CGM Containership Confirmed Attacked in Hormuz, Crew Injured https://gcaptain.com/cma-cgm-containe... 
 
 Oil Shock Far From Over: Energy Giants Warn Global Fuel Supplies May Stay Tight for Months After Iran Deal https://gcaptain.com/oil-shock-far-fr... 
 
BIMCO Warns Abrupt ‘Project Freedom’ Pause Complicates Hormuz Risk Calculus https://gcaptain.com/bimco-warns-abru... 
 
France Moves Aircraft Carrier to Red Sea With Eye on Hormuz Mission https://gcaptain.com/france-moves-air... 
 
U.S. Forces Disable Vessel in Gulf of Oman Attempting to Violate Blockade https://www.centcom.mil/MEDIA/PRESS-R... 
 
 U.S. Navy Jet Fires Upon, Disables Iranian Tanker Accused of Violating Washington’s Blockade https://gcaptain.com/u-s-navy-jet-fir... 
 
U.S. and Iran Edge Toward War Deal as Hormuz Talks Advance https://gcaptain.com/u-s-and-iran-edg... 
 
Saudi Arabia, Kuwait Lift Curbs on U.S. Military Access to Bases, Airspace https://www.wsj.com/world/middle-east... 
 
Trapped in Hormuz: Indian Sailors Describe Nights of Missiles, Fear, and Hunger https://gcaptain.com/trapped-in-hormu...
 

AI industry is ‘effing insane’ – Palantir CEO ]] RT.com

  Palantir CEO Alex Karp has unleashed a lengthy tirade against the AI industry, arguing that Western governments and militaries shouldn’t t...