1,300: On Monday, the United Kingdom started celebrating the 80th anniversary of VE Day, which commemorates the Allied victory of World War II, with a slew of street and tea parties across the country. There was also a 1,300-strong military procession along the Mall, the stretch of road connecting Buckingham Palace and Trafalgar Square. One million people flooded the area on the original VE Day, May 8, 1945.
13 billion:Donald Trump’s tariff bonanza induced a huge amount of stock market volatility, and the largest European investment banks are pleased as punch. This week, UBS, BNP Paribas, Société Générale, Barclays, and Deutsche Bank posted their largest quarterly revenues in over a decade, reporting a combined €13 billion ($14.7 billion) from equities and fixed income in the first quarter of the year. The stellar performance mirrors the hefty revenues that their American counterparts gathered in the first three months of 2025.
$60 million: Maybe there’s no escape from Alcatraz: Donald Trump wants to reopen the island prison, which was shut in 1963. “The reopening of ALCATRAZ will serve as a symbol of Law, Order, and JUSTICE,” the president wrote on social media. The prison, which sits just over a mile off the coast in the San Francisco Bay, once housed the notorious mobster Al Capone. It is currently operated by the National Park Service, which hosts 1.6 million visitors a year, generating roughly $60 million in revenue.
$75,000: New York City hosted the Met Gala on Monday night. Individiual tickets sold for a cool $75,000, with the money raised going to the Museum’s Costume Institute. Some have used the gala to spread political messages, like when Rep. Alexandria Ocasio-Cortez (D-NY) wore a dress with the message, “Tax the Rich,” to the 2021 iteration.
540 million: The governments of Australia and New Zealand vowed to protect their film industries after US President Donald Trump threatened to impose 100% tariffs on foreign films. The Oceanic pair have become a popular filming spot for Hollywood filmmakers, in part thanks to lower costs and government tax incentives. Australia alone has spent AU$540 million ($349.4 million) since 2019 to attract international film productions.
Last week, Microsoft highlighted its Ratepayer Protection Tariff (RPT) proposal, a framework designed to ensure datacenters bear the costs associated with required grid improvements rather than shifting those costs to residential customers. Developed in response to growing energy demand in Nevada, the proposal aims to support grid expansion and reliability while providing a model that could inform broader discussions about how states manage rising electricity demand. Read more here.
Why is a man wearing a trash can on his head polling nearly as high as Reform UK leader Nigel Farage? Rory Stewart explains.
Ten years after Brexit, former UK cabinet minister Rory Stewart joins Ian Bremmer to examine the referendum's lasting impact on Britain's economy, politics, and place in the world—and why the UK is still grappling with the consequences today.
A decade after Britain voted to leave the European Union, Ian Bremmer breaks down what Brexit changed, and whether it delivered on its biggest promises.