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Coup Conviction: Brazil’s Bolsonaro Sentenced to 27 Years in Prison for Plotting Coup (Bloomberg)
Brazil’s Supreme Court has sentenced former President Jair Bolsonaro to 27 years and three months in prison after a majority of justices found him guilty of attempting a coup following his 2022 election defeat.
The case stems from the Jan. 8 insurrection attempt in Brasilia during which thousands of his supporters stormed major government buildings while calling on the military to oust Lula, who had taken office a week earlier.
As the first ex-president convicted of such a crime, the case is being cast by authorities as a landmark moment for democracy in a country long scarred by repeated coup attempts.
Manhunt Update: Trump Says Shooting Suspect in Charlie Kirk Case is in Custody (Bloomberg)
President Donald Trump announced this morning that a suspect in the shooting of conservative activist Charlie Kirk has been taken into custody. The FBI had released photos of a person of interest on Thursday.
Inside Kirk's Influence: Where Charlie Kirk Stood on Key Political Issues
(New York Times)
As
one of the most influential right-wing activists in the US, Charlie Kirk shaped much of the hard-right movement on key political issues.
On guns, he argued for putting more guns in hands of more Americans and said that some gun deaths were part of the price to pay for gun rights.
On race, he said the Civil Rights Act of 1964 was 'a mistake' and he was repeatedly accused of antisemitism by being a proponent of the once fringe 'replacement theory.' He also called Islam a danger to the US.
On climate, he said that there was no scientific consensus on climate change despite the data and scientific facts that say otherwise.
Capitol Hill Aftermath:
Members of Congress Fear for their Safety after Charlie Kirk Assassination (NBC)
Lawmakers on both sides of the aisle are expressing fears for their own safety and taking greater security precautions following a summer of political violence.
Campus Watch: Black Colleges Lock Down Amid Threats After Kirk Killing (Bloomberg)
Head in the Sand: Trump Administration Scraps Oversight Groups on Climate and Financial Risk (Bloomberg)
The US Financial Stability Oversight Council voted on Wednesday to disband two committees focused on climate change’s impact on the economy and financial stability.
During a meeting at the US Treasury Department, the council voted to revoke the charters of the Climate-related Financial Risk Committee and Climate-related Financial Risk Advisory Committee, established during the Biden administration.
The dismantling of the committees is the latest of many actions by the Trump administration to undo Biden-era climate policies and sideline climate research and programs across the government.
Opinion: Why Europe Now Needs a Genuine Capital Markets Union - and What Germany's Leadership Role Could Look Like (WirtschaftsWoche - Mike Bloomberg)
When Bloomberg was founded, our goal was to make US capital markets more transparent and more interconnected, Mike Bloomberg writes in an op-ed published today in WirtschaftsWoche, one of Germany's largest daily publications.
Today, the whole world is much more interconnected, which has contributed significantly to an era of extraordinary growth. But while the European economy has become increasingly integrated, capital markets have remained fragmented, which hinders growth and innovation, Mike writes.
The arguments for a unified European capital market are stronger than ever. As Europe's largest economy, it is crucial that Germany takes a leading role.
Nominee Pushback: Republican Senator Murkowski Has ‘Extreme’ Concerns on Trump BLS Pick (Bloomberg)
Senator Lisa Murkowski, a Republican on the committee vetting the next Bureau of Labor Statistics chief, said she has “extreme reservations” about President Donald Trump’s nominee.
Trump named EJ Antoni, chief economist at the Heritage Foundation, after firing the previous commissioner following a
weak jobs report last month. Some of Antoni’s comments and proposals, including criticism of BLS data practices, calls to abolish the Fed, and past derogatory online remarks, have drawn concern from economists across the political spectrum.
Big Media Merger: Paramount Skydance is Preparing a Bid for Warner Bros (Bloomberg)
Paramount Skydance Corp.,
the Hollywood studio taken over in August by independent filmmaker David Ellison, is preparing a bid for rival Warner Bros. Discovery Inc.
The Paramount offer is being backed by the Ellison family. David Ellison’s father is Larry Ellison, co-founder of Oracle Corp. and the world’s second-richest person, with a fortune valued at $383 billion.
In addition to film and TV studios,
Paramount owns a stable of cable and broadcast properties, including CBS and MTV, and the Paramount+ streaming service, Warner Bros., also a film and TV producer, likewise operates TV channels including CNN and HBO, as well as the HBO Max streaming business.
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Hyundai Raid Aftermath: South Korean President Warns About Investments in U.S. After Georgia Raid (New York Times)
Rideshare Alert: Uber Sued by US Justice Department Over Disability Discrimination (Bloomberg)
The department’s civil rights division alleged in a complaint filed Thursday in federal court in northern California that Uber drivers routinely refuse to accommodate passengers with disabilities, including people who travel with service animals or who use stowable wheelchairs.
Latest in Electronics: New York’s Ban on Cellphones in Schools Is Going ‘Better Than Expected’ (New York Times)
With one million students, New York City Public Schools is the largest district in the country to have banned students from using phones during the school day, although it is part of a growing national and international movement, with many states such as California and Louisiana implementing their own restrictions.
Since students returned to school in New York City
on Thursday, the policy has generated intense debate in the hallways and in many homes, where some parents have expressed concern about not being able to reach their children.
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