In the headlines
Donald Trump says the US-Iran ceasefire is âoverâ after the US military launched a wave of airstrikes on Iran last night in retaliation for âunwarrantedâ attacks on tankers in the Strait of Hormuz. Tehran responded with strikes on American military facilities in the region. âI donât want to deal with them any more,â Trump said. âTheyâre scum.â Nigel Farageâs attempt to shore up his political future by re-winning his Clacton seat in a by-election appears to have been scuppered, after all the main political parties refused to field candidates. In a defiant speech yesterday, Farage said he would stand down as an MP to fight a âpeople versus the establishmentâ by-election and show âtwo fingersâ to his critics. Prince Harry is âhacked orfâ, says the Daily Star, after he and six other claimants lost their ÂŁ50m High Court privacy case against the publisher of the Daily Mail and the Mail on Sunday yesterday. He called the verdict, which dismissed all the claims over a lack of concrete proof, âa complete and obvious whitewashâ.
Comment

Dan Kitwood/Getty
What Farage is really up to
Nigel Farage clearly thought his decision to resign as an MP and force a by-election in Clacton was a âmasterstrokeâ, says Simon Heffer in UnHerd. By winning the contest handsomely, as polls suggest he will do, he could âdraw a lineâ under allegations concerning his ÂŁ5m gift from a cryptocurrency billionaire and the largesse he reportedly received from âPosh Georgeâ Cottrell, a convicted fraudster. Instead, the three main parties have said they wonât stand against him, so his âgreat victoryâ may just be over Count Binface. And if the parliamentary standards investigation then forces another by-election â one which, this time, the other parties will contest â his exhausted supporters may feel less inclined to show up at the poll booth.
The âundisguised relishâ that has greeted Farageâs resignation is striking, says Patrick Maguire on Substack. We have, it seems, ended up where âpolite opinion always wanted to beâ: the Reform leader is a grifter and a loser and a joke. What people miss is that Farage isnât just trying to dominate the summerâs news coverage. He is trying to âbreak out of the existing political cultureâ and fashion his own â one not led by the mainstream media. We saw this in Makerfield, when his team ran an almost entirely digital campaign. We have seen it with Reform announcing some of their âmeatiestâ fiscal policies â on tax breaks for tradesmen, on overtime â on social media rather than at press conferences. And we saw it yesterday, when the party streamed Farageâs announcement from their own studio and pushed the text out on his Substack. This was a âconscious decisionâ not to play the traditional Westminster game, chasing sympathetic coverage from the usual suspects. As far as Farage is concerned, âall the right people are laughingâ today. And theyâre âcreating the space for a new school of politicsâ.
Zeitgeist
To beat the heat, the uber rich are going all in on âsnow roomsâ, says Guy Trebay in The New York Times: indoor winter wonderlands set at frosty temperatures with white flakes falling gently from the ceiling âto create the feeling of being inside a snow globeâ. Petrochemical billionaire Mukesh Ambani has one installed in his Mumbai skyscraper, Mohammed bin Salmanâs 440ft superyacht is equipped with one, and now theyâre cropping up all across America and on all the flashiest yachts for anyone with more than $130,000 to shell out on creating a scene from Bambi in their home.
Inside politics
People say Andy Burnhamâs popularity will decline the moment he takes over at No 10, says The Telegraph. In fact, itâs already happening. A recent YouGov poll suggests the PM-in-waitingâs net favourability rating has fallen to â11, down from +9 towards the end of April.
TV

My Retro TVs is a wonderful throwback â on a pleasingly shonky-looking website â that is constantly playing old TV channels from past decades going right back to the black-and-white 1950s. Pick a decade, then a year, and enjoy. Have a watch here.
Comment

Trump and Infantino: in cahoots. Tasos Katopodis/FIFA/Getty
Trumpâs âanti-Midas touchâ
Itâs such a shame to see the US lose miserably in the World Cup, says Marina Hyde in The Guardian, especially after their president âcheated for themâ by pressing FIFA president Gianni Infantino to rescind a red card for an American striker. But general disgust at Americaâs cheating, and jubilation when the co-hosts were subsequently dumped out of the tournament by Belgium, has at least brought the world together. The last time this many people cheered on the Belgian resistance it was 1914 and the Germans had just crossed the Meuse. Still, we shouldnât be surprised. FIFA has long been a festering cesspit of corruption. As for Trump, his cheating at golf is legendary: caddies at Winged Foot in New York, where he is a member, are so used to seeing the president kick his ball back onto the fairway they call him âPeleâ.
Itâs amazing, says Edward Luce in the FT: Trump loves gold, but everything he touches turns to something else. Call it the âanti-Midas touchâ. The World Cup was proving a far bigger success than anyone expected, until the president became the first leader to intervene publicly in his teamâs favour since 1934 host Benito Mussolini. At least fascist Italy went on to win the cup. Whatâs striking is just how much Trump and his âsports doppelgängerâ Infantino have in common. They both agree that the US president deserves the Nobel Peace Prize (when Infantinoâs lobbying failed to impress the Nobel committee, he awarded Trump the inaugural âFifa Peace Prizeâ instead). Like Trump, Infantino flies around on a jet given to him by 2022 World Cup hosts Qatar. They both love Saudi Arabia and Moscow. And they both understand in their bones something their detractors often forget: people forgive nearly anything if you keep them entertained.
Tomorrowâs world

AI founders desperately giving away free services to start-ups, as imagined by ChatGPT
Thereâs something fishy going on with the AI giants, says The Wall Street Journal. Subscribers to the top tier of Anthropicâs Claude model, which costs around $200 a month, can use âtokensâ of computing power that cost the firm $8,000. OpenAIâs comparable ChatGPT Pro 20x plan, which also costs $200 a month, offers tokens worth $14,000. These firms are also fighting to become the AI-of-choice for new start-ups that they hope might become big customers, in some cases offering millions of dollarsâ worth of free services. Itâs not buying them much loyalty. Says one founder: âIâm always going to pick the one for which I have free credits.â
The Knowledge Crossword
Noted
People talk about the green energy transition as if itâs a fight between âgreen ideologues in governmentâ pushing renewables and hard-nosed capitalists sticking with fossil fuels, says David Fickling in Bloomberg. Itâs actually âprecisely the oppositeâ. The share of private investment in oil, gas and coal is now at 28%, compared to 53% from the public sector. And carbon-based power is being kept âartificially cheapâ by government handouts â taxpayers look set to spend about $1.1trn on oil and gas subsidies this year, almost as much as the $1.19trn spent by public and private investors.
Snapshot

Snapshot answer
Itâs a toxic pufferfish, says Kaya Burgess in The Times, which has migrated in large numbers to the Mediterranean, prompting warnings in tourist hotspots that swimmers could be at risk of nasty bites. Known formally as Lagocephalus sceleratus, the silver-cheeked toadfish has a âpowerful, beak-likeâ jaw capable of biting through a finger and causing heavy bleeding. Greek authorities have begun installing floating barriers to create fenced-off swimming areas for bathers, and are offering fishermen who catch the gnarly creature a reward worth ÂŁ4.46 a kilo.
Quoted
âThe heaviest penalty for declining to rule is to be ruled by someone inferior to yourself.â
Plato
Thatâs it. Youâre done.
Let us know what you thought of todayâs issue by replying to this email
To find out about advertising and partnerships, click here
Been forwarded this newsletter? Try it for free
Enjoying The Knowledge? Click to share


