Roundups
Global May 11
Indian stock markets decline amid geopolitical tensions and foreign investor outflows
Top investors Ramesh Damani and Sunil Singhania say India’s fundamental growth drivers remain strong despite temporary market challenges from foreign outflows and geopolitical concerns. Indian stock markets experienced a significant downturn on Friday driven by geopolitical tensions between the US and Iran along with a weakening rupee. Foreign institutional investors have sold Indian shares worth more than Rs 2 lakh crore so far in 2026 marking their third straight month as net sellers amid ongoing geopolitical tensions. The commentary from prominent market figures underscores that these pressures are viewed as short term in nature even as the scale of foreign selling reaches elevated levels over multiple months. Market participants continue to monitor developments in international relations that have contributed to the recent volatility in Indian equities.
- D street bulls advise ignoring market noise for long term india growth
- Indian stock markets decline amid geopolitical tensions
- Foreign investors sell over Rs 2 lakh crore of Indian equities in 2026 so far
Federal judge follows appeals court ruling on immigrant detention bond hearings
A federal judge in Florida appointed by President Donald Trump has shifted his stance on the detention of immigrants now following a recent appeals court ruling that grants bond hearings in certain cases. The Department of Justice failed to secure a stay of a lower court order blocking its policy requiring advance notice for visits to immigration detention facilities. The unanimous ruling from the D.C. Circuit came on Friday after judges found the government had not demonstrated sufficient harm from unannounced congressional oversight. U.S. Circuit Judge Neomi Rao in a concurring opinion agreed that the administration fell short despite her view that the government is likely to prevail on appeal. These developments reflect ongoing legal scrutiny of procedures governing access to immigration detention centers and related detainee rights.
- Florida judge reverses position on immigrant detention rules
- D.C. Circuit upholds stay on ICE facility visits
Olivia Rodrigo adds four London dates to her Unraveled Tour due to demand
Olivia Rodrigo has added four more London shows to her Unraveled Tour after strong pre-sale demand. The additional dates at The O2 arena join the previously announced 65-date run supporting her upcoming album You Seem Pretty Sad For A Girl So In Love. This expansion reflects robust interest from fans ahead of the tour's London leg. The full itinerary now encompasses an even broader set of venues across multiple cities as the artist prepares to promote her new release through live performances. Ticket demand has prompted organizers to increase capacity specifically for the UK capital.
Left wing candidates criticize Andalusian leader on health and housing in debate
In the first five-candidate debate for the May 17 Andalusian elections left-wing candidates unanimously attacked Juan Manuel Moreno over his health and housing management. The Junta president avoided clashing with Vox and focused on María Jesús Montero during the exchanges. The RTVE-moderated event highlighted the breast cancer screening crisis as a central point of contention among participants. Candidates used the platform to outline differing approaches to regional governance ahead of the upcoming vote. The debate format allowed for direct comparisons of policy positions on social services and administration priorities.
Rival parties clash over special counsel bill targeting prosecution practices
Rival parties continued to clash on May 4 over the ruling Democratic Party's push for a special counsel bill to probe alleged evidence fabrication by the prosecution under the previous Yoon Suk Yeol administration. The bill targets 12 ongoing cases including eight linked to President Lee Jae Myung. The main opposition People Power Party denounced it as an unconstitutional bid to shield Lee from accountability. Debates in the legislature have centered on the scope and legitimacy of the proposed investigations into past prosecutorial actions. Supporters argue the measure addresses systemic issues while opponents see it as politically motivated.