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What comes next for Donald Trump and Iran?

Also: Franchising has quietly made countless Americans rich


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Also: Franchising has quietly made countless Americans rich
A woman walks on the beach while a boy swims, with vessels in the Strait of Hormuz visible near Bandar Abbas, Iran, May 22nd 2026
Let’s get this strait
What an America-Iran deal might look like
Donald Trump says an agreement is close. But also that he is in no rush
McDonald's sign in scrubland, New Mexico.
The millionaire machine
Franchising has quietly made countless Americans rich
In the age of AI, running a McDonald’s may soon look a lot more appealing
Red wall with colorful doors, windows, and Chinese lion-head door knockers
Chaguan
China’s diplomatic successes are broad but shallow
It asks little of its foreign “partners”, and gives little back
A portrait of Francois Villeroy
Survivor of rough seas
A central banker’s lessons from a fragmented decade
With multilateralism in crisis, new ways must be found to co-operate, argues the departing head of the Banque de France, François Villeroy de Galhau
Idaho Basque Dancers.
Basqueing in it
Europe’s first known language is alive in America’s West
A corner of Idaho will forever be north-east Spain
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