Financial Times: Plaid Cymru's Welsh first minister challenged "future prime minister" Andy Burnham to prove his commitment to devolution by transferring a package of new powers to the Welsh government in Cardiff.

Foreign media reported on the 14th that a fire broke out in the container yard at Beirut port, producing heavy smoke.

Apollo Global Management chief economist Torsten Slok said the dollar’s recent strength is vulnerable if an AI-led equity sell-off intensifies. He noted international investors’ heavy, largely unhedged allocation to AI themes has driven record rolling net foreign inflows into US equities over the past 12 months, boosting dollar demand as buyers convert local currency into dollars. With US rates high, hedging costs remain elevated, making dollar moves more sensitive to equity flows. Slok warned that a loss of confidence in AI triggering equity outflows would pose material downside risk to the dollar.