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Mexico prepares its consulates in the U.S. to face Trump’s mass deportations
Mexican President Claudia Sheinbaum reaffirms support for migrants amid Trump’s deportation plans, and proposes a regional summit to address the causes of immigration.
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Genocidal president, genocidal politics
When news broke over the weekend that President Biden just approved an $8 billion deal for shipping weapons to Israel, a nameless official vowed that “we will continue to provide the capabilities necessary for Israel’s defense.”
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Goals behind Trump’s tariffs: cut taxes on rich & escalate new cold war on China
Donald Trump’s tariffs will not reduce U.S. public debt. The federal deficit will keep growing, but they will be an excuse to further cut taxes on the rich and to ratchet up the new cold war on China.
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The curious case of strengthening dollar, falling rupee
The primary cause of the rupee’s depreciation is the preference of the Indian rich to hold their wealth in the form of U.S. dollars rather than in Indian rupees.