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The Daily Brief: Netanyahu’s Former Allies to Oust Him From Government

Netanyahu’s Former Allies to Oust Him From Government

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1280px Prime Minister Benjamin Netanyahu and Minster of Industry and Trade Naftali BennettPresident Shimon Perez 8719468767

Maryland GovPics, CC BY 2.0 , via Wikimedia Commons

Summary:

  • Israel’s Prime Minister, Benjamin Netanyahu, is to be removed from his governmental position for the first time in 12 years due to the rise of a new coalition government.
  • The coalition is the product of an unlikely alliance between 8 political parties in an effort to remove Netanyahu from government.
  • Should the coalition government be sworn in Naftali Bennett, a far-right politician who opposes a Palestinian state, will serve as Israel’s new prime minister until 2023 when he will be replaced by centrist opposition leader, Yair Lapid.
  • Lapid and Benny Gantz are spearheading the effort to oust Netanhyahu and are credited with bringing together left, right, and center political ideologies, secular and religious groups, and Jews and Arab to form the coalition.
  • Several coalition members, including Bennet, once served as cabinet members or chiefs of staff for Netanyahu.
  • The decision to build a coalition government came after the 4th Israeli election in 2 years ended inconclusively. 
  • Internal and external strife, including conflict with Palestine and Netanyahu’s ongoing corruption trial have played a role in the creation of the coalition as well.
  • Netanyahu strongly opposes the coalition government calling them “left-wing” and “dangerous”. He has called on right-wing members of Israel’s Parliament to oppose the coalition in order to halt their rise to power and keep them from being sworn in as an official government.
  • Sources:

NYT

Al Jazeera

BBC

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Nuclear Power Plant to be Built in Wyoming by Bill Gates

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World Economic Forum /Photo by Andy Mettler, CC BY-SA 2.0 , via Wikimedia Commons
  • TerraPower, founded by Bill Gates, and PacifiCorp, owned by Warren Buffet’s Berkshire Hathaway, are working to build a nuclear power plant in Wyoming that uses different fuels and costs less than traditional nuclear power.
  • The plant will be at the site of a retiring coal plant, and will be using TerraPower’s Natrium technology for the nuclear reactor. TerraPower’s president said it would take about seven years to build.
  • The cost of the plant will be split between the US government and private companies. The plant is aiming to produce two thirds less waste that traditional nuclear plants. 
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G7 Expected to Approve of 15% Global Minimum Corporate Tax

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ubahnverleih, CC0, via Wikimedia Commons
  • The Group of Seven finance ministers (G7) are expected to approve US President Joe Biden’s global minimum corporate tax plan at their summit on Friday. The goal is to ensure that multinationals and large tech companies are taxed appropriately.
  • The US Treasury proposed a global minimum corporate tax of 15%, which has received positive responses from France, Italy, Germany, and Japan. The support of G7 members is also expected to help pass domestic tax legislation in the US Congress.
  • The Biden administration has proposed a 28% domestic corporate tax rate and 21% for US companies overseas. His outlook on taxation differs greatly from his predecessor, Donald Trump.
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Protestors in Sudan Demand Justice on Second Year Anniversary of Army Crackdown

  • Thousands of Sudanese protestors rallied in Khartoum, the site of one of a violent crackdown by the military on a large pro-democracy sit-in in the capital, to demand justice for those killed in the crackdown in June 2019.
  • Protestors had gathered on June 3, 2019 to demand a transition to power to civilian rule – weeks after the military overthrew President Omar al-Bashir after his thirty year rule, also demanded by protests.
  • Activists and protest organizers have claimed that security forces killed at least 128 people during the violent crackdown involving rape and sexual misconduct by troops.
  • Dismay and frustration towards the Sudanese government led to the continuation of protests marking the second day anniversary of the crackdown – rampant unemployment, injustice, and other suffering by the people were highlighted by protestors despite the ousting of President al-Bashir. 
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10,000 Tokyo Olympic Volunteers Quit

  • About 10,000 Olympic volunteers in Tokyo have pulled out as the Games draw near, fueling concerns that Japan may not be prepared to host the rescheduled Games due to a new wave of COVID-19.
  • Toshiro Muto, chief executive of the Organizing Committee told media he does not believe the withdrawal of the 10,000 volunteers among 80,000 total will delay or hinder the Games due to commence June 23.
  • Although the reason for the volunteers to quit has not been stated by officials, it is likely due to a fourth wave of the pandemic coupled with overwhelmed hospitals and many unvaccinated populations in Japan.
  • The quitting of volunteers further highlights concern of the general Japanese public on hosting the Games during the pandemic.
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All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

Daily Brief

Credit Suisse Found Guilty for Involvement in Money Laundering Scheme

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800px Credit Suisse Zurich
  • Switzerland’s Federal Criminal Court found Credit Suisse, Switzerland’s second largest bank, guilty for its involvement in a money laundering scheme involving a Bulgarian drug trafficking gang.
  • The bank is being fined 21 million Swiss francs ($22 million) due to its poor monitoring and implementation of anti-money laundering rules. More than 12 million francs worth of assets are also being confiscated due to their connection with the criminal group.
  • Credit Suisse has denied any wrongdoings and stated that it has been “continuously testing its anti-money laundering framework and has been strengthening it over time, in accordance with evolving regulatory standards.”
  • This case originated from actions taken by a former employee in 2007 and 2008, and two other Bulgarian citizens’ actions in 2005 and 2009. Some of their sentences and fines were suspended due to the amount of time passed since the crimes took place.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

Chlorine Gas Leak in Jordan Port City Kills Thirteen People

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Port Of Aqaba City
  • A gas leak in Aqaba, Jordan killed at least thirteen people and injured more than 250. A storage container carrying between 25 and 30 tonnes of chlorine gas fell as it was being exported to Djibouti, releasing the gas.
  • A video of the incident on state TV shows the container being dropped onto the deck of the ship and a yellow colored gas spreading through the air as people try to evacuate. The accident seems to be a result of the crane malfunctioning.
  • If chlorine is inhaled at high levels, it can cause life-threatening damage. A nearby beach in Aqaba was evacuated as a safety precaution, and residents who live in the nearest residential area, about 25 kilometers (15 miles) away, were advised to stay inside and close windows.
  • Jordan’s Prime Minister Bisher al-Khasawneh traveled to Aqaba and visited some of the injured at the hospital. He also formed a team led by the interior minister to investigate the incident.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

Russian Missile Sets Ukraine Shopping Center on Fire

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781px Nevsky Centre Shopping Mall in Russia
  • A busy shopping center in Ukraine was set on fire by Russian missiles on Monday, killing at least thirteen people and injuring dozens. The total number of casualties is still unknown.
  • Ukrainian President Volodymyr Zelensky stated that “The number of victims is impossible to imagine” and that there could have been up to 1,000 people in the mall.
  • The attack came during the G7 summit, where world leaders condemned recent atrocities and promised to support Ukraine “for as long as it takes” in a joint statement. President Zelensky spoke to the leaders at the summit and stated that he wants the war to end before winter.
  • NATO has decided to increase the number of troops in its rapid reaction force from 40,000 to 300,000, more than eightfold. NATO Secretary-General Jens Stoltenberg stated this move is part of the “biggest overhaul of collective defense and deterrence since the Cold War.”
  • The United States has announced that it will provide Ukraine with advanced medium and long-range air defense capabilities.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

World Watches as the United States Supreme Court Abolishes a Woman’s Right to an Abortion

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  • The United States’ top justices voted to eliminate the constitutional right to an abortion, a law that had been in place for over 50 years.
  • The closely watched decision was heralded by some and derided by others, depending on their position on the controversial concept of a woman’s right to choose for her own body.
  • With the abolition of the constitutional right, it is expected that many states in the U.S. will implement near total bans of abortion rights, while other states such as California, Oregon and Washington have reaffirmed their commitment to preserve the right to an abortion.
  • Planned Parenthood, the advocacy face for abortion rights, is mobilizing around the country to bolster and increase services in those states that will preserve the right, and engage voters in those states that plan to abolish the right.

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All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

The EU Approves Ukraine for Candidacy

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Munster Stadtweinhaus Beflaggung Ukraine und EU 2022 0219 scaled
  • The EU has finally approved the application of Ukraine to become a candidate country for admission to the 27- country organization. Ukraine will now join the official candidate list, which already includes Albania, the Republic of North Macedonia, Montenegro, Serbia, and Turkey. 
  • The US is expected to provide an additional $450m in security assistance to Ukraine. Which includes four more High Mobility Artillery Rocket Systems. 
  • The EU and Norway have agreed to cooperate and provide the EU’s 27 countries with gas from Western Europe’s biggest provider. The EU imports roughly ⅕ of its gas from Norway compared to the 40% it was receiving from Russia. Currently, Russia has been cutting gas supplies to countries refusing to pay for it in roubles. 
  • Melbourne is considering utilizing its largely vacant $200m Center for National Resilience building to house hundreds of refugees fleeing war-torn Ukraine and Afghanistan. The center will only be able to temporarily house about 500 refugees from Afghanistan and about 200 from Ukraine. 
  • Ukrainian Defense Minister Oleksii Reznikov thanked US Defense Secretary Lloyd Austin after receiving and welcoming the High Mobility Artillery Rocket Systems (HIMARS) from the United States. 
  • Nike joined other leading Western brands by formally making a full exit from Russia, three months after suspending its operations. Telecoms equipment maker Cisco is also planning to wind down business in Russia and Belarus as well.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

US Supreme Court Expands Gun Carrying Rights Causing National Outrage 

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Open Carry of a 9mm Browning Hi Power in Eagle Colorado scaled
  • The US Supreme Court expanded gun carrying rights after a New York law denied the plaintiffs Robert Nash and Brandon Koch from carrying a concealed weapon in public, despite them having licenses for recreational gun ownership. 
  • The US court ruled that the New York law requiring residents to prove “proper cause” to carry a concealed weapon is unconstitutional. Justice Clarence Thomas, who represented the 6 justices who ruled in favor of the decision, stated that Americans have the right to carry “commonly used” firearms in public for personal defense. 
  • This decision comes amid an intense national debate over gun violence, and could possibly challenge the  outcome of similar regulations in other states, such as California and New Jersey, and affect a quarter of Americans by allowing more people to carry guns legally. 
  • Three liberal justices, Elena Kahan, Sonia Sotomayor, and Stephen Breyer, were against the majority decision, and Justice Breyer noted that “since the start of this year alone (2022), there have already been 277 reported mass shootings – an average of more than one per day.”
  • While the National Rifle Association (NRA) celebrated the judgment, President Biden stated that he was “deeply disappointed” by the court’s decision and that the ruling “contradicts both common sense and the Constitution, and should trouble us all.” 
  • New York Mayor Eric Adams also agreed with Biden and stated that he would review other ways to restrict gun access by restricting the application process for buying guns and looking into bans of firearms at specific locations. 

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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