Trump Gulf Trip promises good news for American affairs

Hello and welcome to the work week.

The White House spraying tanning team can rest. Donald Trump left for the Gulf States, where the temperature promises to enter the 1940s. It is part of the world that the family of the American president knows well – Eric Trump was Striking commercial offers for the Trump organization Before his father's visit, first in Saudi Arabia and then in Qatar and the United Arab Emirates.

Saudi Arabia and water have already promised 2 TM $ in American investments. Expect details on how these promises turn into dollars to be expanded in the coming days. MUSIC in mood (at least to water, according to our Gulf corporate correspondent, Chloé Cornish, which is based there) is a pro-US company-for evidence, witness Disney's Deal For a park and a seaside resort in Abu Dhabi, or Blackrock announcing that he would associate with an Abu Dhabi IHC conglomerate in a still anonymous reinsurance company.

However, the geopolitical environment is very different from the first time that Trump visited the region during his first presidential mandate. The Gulf no longer supports a maximum pressure campaign against Iran, after having designed the tensions with Teheran. And greater standardization deals with Israel, that Trump has already managed to pass water and Bahrain, is much more difficult given the context of what Saudi Crown Prince Mohammed Bin Salman called a “genocide” in Gaza.

Speaking of Trump, or rather of his prices, this week will see the start of the Cannes Festival, standing provocative in the face of the American president's threat of 100% samples from films made outside America to protect Hollywood. The president of the Iris KnoBloch festival urged the industry not to panic about the threat of the American president An interview with FT Global Media REDISOR Daniel Thomas Before the event from Tuesday.

Romania will obtain a new president because he organizes a runoff in what should win the far right victory, reinforced by the controversial decision to cancel the elections previously due to the perceived Russian interference. Ultranationalists George Simion won 41% of the voting bulletins on May 4, double his rival Ucucuşor Dan, the pro-EU centrist mayor of Bucharest. Here is an FT guide for Everything you need to know Before Sunday's decisive vote.

Poland will also start to elect a new head of state on the same day, with a first voting round. And to complete the Triumvirate, Portuguese voters will go to the polls on Sunday after a snap election was called after the power coalition lost a vote In March.

Central bankers made their The latest rate callsNow we have inflation updates – the United States first on Tuesday, followed by Germany and France. The other economic measure under the spotlight will be growth, with new figures from the United Kingdom and the EU followed Thursday a day later by Japan.

Among the themes of the company's results this week are Nissan Chef Ivan Espinosa with annual figures and technology: Alibaba,, Tence,, Wise,, Cisco systems And Take-two interactive software. More details below.

Another thing. . .

The British bathroom season begins Thursday. Given the partial state of the country's navigable waterways, this date can fill many British with dread. However, I am a big fan of swimming and I now wonder if free water could be an option this year. I am not alone according to This ft analysisAlthough the author did not do it in British waters.

Am I crazy? Does anyone have recommendations? Send me an email to Jonathan.moules@ft.com Or, if you read this from your reception box, press the answer.

Economic and key business reports

Here is a more complete list of what to expect in terms of business reports and economic data this week.

Monday

• Clare Lombardelli, Bank of England The vice-government, monetary policy, gives an opening speech to the Bank of England Bank Watchers' Conference 2025 in King's Business School, London

• Singapore: Vesak Day. Closed financial markets

• United Kingdom: CIPD labor market prospects. Also, KPMG and REC UK Report on jobs

• Results: Asahi Q1, Diverse energy TRADING DECLARATION Q1, Fox Q3, Mazda Fy, Orix Fy, Pastrobras Q1, Unicredit Q1

Tuesday

• Norges Governor Ida Wolden Bache and the CEO of Norges Bank Investment Management Nicolai Tangen answer issues from the Standing Committee for Storting on Finance and

• United Kingdom: statics of the Labor walk. In addition, BRC-KPMG Sales Sales Monitor.

• United States: Avril's consumer price inflation rate (ICC) and actual data on profits.

• Results: Bayer Q1, Bytes Fy, DCC Fy, Ferrovial Q1, Honda Fy, Kirin Holdings Q1, K + S Q1, Marston Hy, Nissan Fy, On the beach Hy, Renew assets Hy, Restore Fy, Tata Motors Fy, Yamaha Q1

Wednesday

• Sarah Breeden, Bank of England The vice-governor, financial stability, gives an opening speech to the international swaps and derivatives association 39th annual general meeting in Amsterdam

• OPEC oil market monthly

• Germany: April IPC and harmonized index of consumer price inflation prices (HICP)

• Results: Abn amro Q1, Alcon Q1, Alstom Fy, Brenntag Q1, Burberry Fy, Cisco systems Q3, Commonwealth Bank of Australia Update of trading Q3, Compass Hy, Reve AGM and Q1 commercial update, Daimler truck Q1, E.ON Q1, Experienced Fy, Foxconn Q1, Table-Voyd Q1, Imperial brands Hy, Kddi Fy, Keller Aga and declaration of trading, Marshal Aga and declaration of trading, Porsche Q1, SMC Fy, Sony Fy, TP ICAP AGM and Q1 commercial update, Telefam Q1, Tui Q / HY, Vanquis Banking Group AGM and Q1 trading declaration, Victorian plumbing Hy-

THURSDAY

• Swati Dhingra, member of Bank of England Monetary policy committee, expresses the New Economics Foundation Conference, EU Macroeconomic Policy in Age of Chocks, in Brussels

• AIE monthly oil market report

• EU: Improper estimate and use of GDP of the first quarter

• France: CPI inflation rate data from April

• United Kingdom: Estimate of GDP of the first trimester

• United States: April Prix Price Inflation Rate Data (PPI)

• Results: 3i Fy, Alibaba Q4, Alrianz Q1, Applied materials Q2, Auction technology group Hy, Aviva Update of trading Q1, Bertelsmann Q1, Bridian Q1, Dere & Co Q2, Deutsche Telekom Q1, Seed Hy, ITV Update of trading Q1, Cripple Q1, National Network Fy, First Foods Fy, Rwe Q1, Wise Hy, Siemens Q2, Take-two interactive software Q4 / FY, Tence Q1, Thyssenkrupp Hy, Unit-unit Fy, Walmart Q1, Watches in Switzerland Commercial update

Friday

• Germany: labor market figures Q1

• Italy: CPI inflation rate data from April

• Japan: preliminary estimate of the first trimester GDP

• United States: consumer survey of the University of Michigan

• Results: Future Hy, Terrestrial titles Fy, Switzerland Re Q1

World events

Finally, here is an overview of other events and milestones this week.

Monday

• China: Brazilian President Luiz Inácio Lula da Silva begins a two -day state visit

• Philippines: national and local elections halfway through

• Taiwan: Annual Forum of the Center for Resilience and Innovation in Asia-Pacific (CAPRI), this year entitled Shaping landscapes to a sustainable future for Asia-Pacific, in Taipei

• United States: Round table of the Crypto Working Group of Securities and Exchange Commission in Washington, called Tokenization: Assets in Onchain moving: where Tradfi and Defi meet, adding to an in progress discussion on sector regulations

• United States / China: the 15th annual Chinese affairs conference, organized by the American Chamber of Commerce, begins in Washington, taking place until Wednesday

Tuesday

• Denmark: The summit of democracy in Copenhagen 2025 begins at the Royal Danish Playhouse. The two -day rally of business, politics, media and academic world leaders will include speeches by the former British prime ministers Boris Johnson and David Cameron and the former president of the American Chamber Nancy Pelosi

• France: 78th Cannes Film Festival begins, taking place until May 24

• Luxembourg: the Council of Europe Session of the Committee of Ministers begins, featuring the Ministers of Foreign Affairs of the 46 Member States. The two -day session will include a discussion on the support of Ukraine

• Saudi Arabia: US President Donald Trump is starting a tour in the Middle East with a Saudi investment forum in Riyadh. He will then visit Qatar and the United Arab Emirates, organizing bilateral meetings with the leaders of the countries

• United Kingdom: The legislation to allow sick people in the final year to commit suicide is being put forward today in the Scottish Parliament by the Liberal-Democratic MSP Liam McArthur and will be elected by MSPS.

Wednesday

• Belgium: the NATO military committee meets the defense chiefs of the 32 nations allied at the military block seat in Brussels

• United States: FT Live Brazil Summit, titled Balancing Growth, Sustainability and Global Influence, in New York. Register here for tickets

THURSDAY

• Nakba day, marking of the 1948 trip from the Palestinian people

• Paraguay: 75th FIFA congress, the legislative branch of the director of international football, in Asunción. The agenda includes the suspension or expulsion of a member association, the president of FIFA, Gianni Infantino, the publication of the annual report and the election of various committees

• United Kingdom: the bathroom season begins

Friday

SATURDAY

• Switzerland: final of the Eurovision song competition, which was held this year in Basel

• United Kingdom: The FA Cup final starts with Crystal Palace in competition against Manchester City at the Wembley Stadium, concluding the 144th season of the oldest world football competition in the world

Sunday

• Egypt: the research conference in the Middle East and North Africa of the IMF, co-organized by the IMF and the Onsi Sawiris School of Business of the American University in Cairo, begins

• Poland: presidential election, first round

• Portugal: extended parliamentary elections

• Romania: runoff of presidential elections