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Politics

Political news and analysis

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Politics

‘Blissful ignorance’: Milken elite bask in glow of roaring markets

Financiers at the Beverly Hills gathering brush aside concerns over Iran conflict and private market strains

Financial Times•5/7/2026

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Politics

ChatGPT’s ‘Trusted Contact’ will alert loved ones of safety concerns

OpenAI is launching an optional safety feature for ChatGPT that allows adult users to assign an emergency contact for mental health and safety concerns. Friends, family members, or caregivers designated as a "Trusted Contact" will be notified if OpenAI detects that a person may have discussed topics like self-harm or suicide with the chatbot. "Trusted Contact is designed around a simple, expert-validated premise: when someone may be in crisis, connecting with someone they know and trust can make a meaningful difference," OpenAI said in its announcement. "It offers another layer of support alongside the localized helplines already available … Read the full story at The Verge.

Superbike rider killed in crash during qualifying in Northern Ireland

Rider is 20th fatality at North West 200 but first since 2016, race due to celebrate its centenary in 2029.

Honduras Reviews China Ties Amid Push to Court US Investment

Honduras’ new president is reviewing his predecessor’s agreements with China, a process that could help the US push to reduce the Asian nation’s influence in the region and lead to recognition of Taiwan.

Cheniere Sags on Surprise $3.5 Billion Loss on Derivatives

Cheniere Energy Inc. plunged almost 10% after posting a surprise $3.5 billion loss driven by a drop in the value of hedges as the Iran war upended natural gas markets.

Bloomberg•5/7/2026

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Politics

‘NNPCL must account for $3.5bn wasted refinery funds before restart jamboree’ – Umokoro

An energy expert and accountability advocate, Tekeme Umukoro has demanded accountability from Nigerian National Petroleum Company Limited over funds spent on the turnaround maintenance of Port Harcourt, Warri, and Kaduna refineries. He made this known in a statement on Thursday. This comes as NNPCL recently announced a memorandum of understanding with Chinese firms to restart […] ‘NNPCL must account for $3.5bn wasted refinery funds before restart jamboree’ – Umokoro

Daily Post Nigeria•5/7/2026

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Politics

2027:Ex-lawmaker backs direct primaries, submits APC nomination form

Former lawmaker Nicholas Ossai endorses APC direct primaries for 2027, calling it true participatory democracy while submitting his nomination form. Read More: https://punchng.com/2027ex-lawmaker-backs-direct-primaries-submits-apc-nomination-form/

Schnabel Says ECB Will Need to Hike If Energy Shock Broadens

The European Central Bank will have to raise interest rates if the Iran war leaves a more lasting mark on inflation, according to Executive Board member Isabel Schnabel.

Bloomberg•5/7/2026

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Politics

Betty Akeredolu buys LP Senate forms, targets Imo East seat

Betty Akeredolu, widow of late Ondo Gov. Rotimi Akeredolu, has purchased Labour Party forms to contest the Imo East Senate seat in the 2027 elections. Read More: https://punchng.com/betty-akeredolu-buys-lp-senate-forms-targets-imo-east-seat/

Streamer Carter Efe Challenges Wizkid to Celebrity Boxing Fight

Controversial streamer Carter Efe has publicly challenged Grammy-winning singer Wizkid to a celebrity boxing match following his recent claim to a Nigerian celebrity boxing title.

Deferred maintenance costs Nigerian property owners billions annually – Alpha Mead

Deferred maintenance across Nigeria’s residential and commercial buildings is costing property owners billions of naira annually, according to Alpha Mead Group, which warned that the common habit of postponing repairs is quietly eroding asset value and increasing long-term costs.

P.M.News•5/7/2026

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Politics

12.3 million Nigerians linked to social register through NIN says NASSCO

NASSCO reveals over 12.3 million Nigerians are now linked to the National Social Register via NIN, enhancing transparency in social intervention programs. Read More: https://punchng.com/12-3-million-nigerians-linked-to-social-register-through-nin-says-nassco/

PUNCH•5/7/2026

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