22 April 2024

Daily Newsletter

Congress Passes $61B Ukraine Aid Package

The Facts

  • The US Senate on Tuesday voted 79 to 18 to approve a $95B bill to deliver security aid to Ukraine, Israel, and Indo-Pacific allies, including Taiwan.

  • This comes after the US House of Representatives on Saturday voted 311 to 112 to approve the $95B package, which includes sending $61B in foreign aid to Kyiv and allowing the US to sell seized Russian assets and transfer the funds to Ukraine.


The Spin

Pro-establishment narrative

The much-awaited US aid will help keep the Russia-Ukraine war from expanding, as well as save thousands of lives. The measure was desperately needed as Kyiv had been running low on all weapons types, from small arms to air defense, and could lose the war within weeks. The US resolve to back Ukraine will extend its window to fight and keep the negotiating table at bay.

Establishment-critical narrative

It's a bad day for anyone who believes that Ukraine can hold its own on the battlefield and inflict damage on Russia. The military aid to Kyiv will only enrich the US, ruin Ukraine, and result in more casualties. Moreover, allowing Washington to confiscate seized Russian assets and transfer the funds to Kyiv will worsen the crisis and risk, leading to an unprecedented escalation in the region.

Republican narrative

This multi-billion-dollar aid package is a sellout of America. It's despicable that the US is doing nothing to secure the US-Mexico border while Democrats have been incessantly voting to spend Us money on foreign wars. For refusing to toe the party line and taking the aid to a vote on Saturday, for his betrayal and disloyalty, House Speaker Mike Johnson will undoubtedly pay a hefty price.

Democratic narrative

Despite facing a right-wing rebellion, Johnson cleared away the biggest hurdle to Biden's funding request for Ukraine, which is struggling to stay afloat amid dwindling military supplies. Had the US lawmakers turned their backs on Kyiv on Saturday, the consequences could have been devastating. The Russia-Ukraine war is a global threat to the US' security, which Washington can't afford to shrug off.

Nerd narrative

There's a 28% chance that Ukraine will join NATO before 2035, according to the Metaculus prediction community.

See sources

Australia: Call for Royal Commission Over COVID Response

The Facts

  • Australia's Senate Legal and Constitutional Affairs Committee has recommended the creation of a royal commission into the country's handling of the COVID pandemic.

  • Published on April 19, the report claims there's "overwhelming" support for a royal commission. Just three of 559 committee submissions didn't support its establishment.


The Spin

Establishment-critical narrative

Australia's government continues to break its promise of providing its people the COVID inquiry they deserve. Australia's current shallow investigation, led by political appointees, isn't reliable. The country's elite continues to shy away from providing real answers about their decision-making during the pandemic.

Pro-establishment narrative

A royal commission would be reliant on the cooperation of all states and territories to achieve meaningful results, and would by no means guarantee valuable information. Regardless of format, Australia's inquiry must encourage honest reflection for the process to be of any value.

Nerd narrative

There's a 50% chance the WHO will announce the COVID-19 pandemic has ended by April 2025, according to the Metaculus prediction community.

See sources

Netanyahu Vows to Reject US Sanctions on Army Units

The Facts

  • The US is considering sanctioning additional Israel Defense Forces (IDF) units over alleged human rights violations against Palestinians. Pres. Joe Biden is reportedly expected to sanction police forces as well as the Netzah Yehuda Battalion this week.

  • Soldiers in the Netzah Yehuda Battalion, which was created in 1999 and consists of ultra-Orthodox Jews, or Haredim, have been convicted of electrocuting Palestinians and allowing a Palestinian-American to die in their custody in 2022.


The Spin

Pro-Israel narrative

Israel itself has acknowledged the past wrongdoings of individual Netzah Yehuda soldiers, but that doesn't mean the entire unit should be smeared. By doing this, Washington is not only painting this Battalion with a broad brush, but also the entire IDF. Israel should be allowed to discipline soldiers without its entire reputation being defamed.

Pro-establishment narrative

The Netzah Yehuda Battalion has a long and recorded history of egregious human rights violations, so it's no surprise that sanctions are finally being placed against it. There is even video footage of these soldiers abusing Palestinian detainees, which is why the US government couldn't possibly turn a blind eye to these human rights violations.

Nerd narrative

There is a 17% chance that the International Criminal Court will bring charges against Benjamin Netanyahu before 2026, according to the Metaculus prediction community.

See sources

Israeli Military Intelligence Chief Resigns Over Oct. 7

The Facts

  • The head of Israel's military intelligence, Major General Aharon Haliva, announced on Monday that he would resign, after taking responsibility for his organization's failure to prevent the Oct. 7 attack by Hamas.

  • In his resignation letter, Haliva said, "The intelligence directorate under my command did not live up to the task we were entrusted with. I carry that black day with me ever since, day after day, night after night. I will carry the horrible pain of the war with me forever."


The Spin

Establishment-critical narrative

Following Oct. 7, Haliva and other senior military and security leaders were widely expected to resign. Haliva's resignation is a clear suggestion that Netanyahu should follow suit and resign as well. The Israeli military failed to prevent the massacre that occurred on Oct. 7 and has failed to return the 150 Israelis who remain as hostages in Gaza. The failure to prevent this attack and ward off this horrific conflict is too grievous an error to overcome.

Pro-establishment narrative

Israel remains engaged in fighting on multiple fronts, with a full-out war occurring in Gaza, and fighting with Hezbollah ongoing in the north. Additionally, tensions with Iran remain high after attacks between the two countries. At this point in time, resignations from high-level leaders, while the country is so vulnerable, could signal weakness. Netanyahu and other Israeli leaders must neutralize external threats before trying to appease domestic political issues.

Nerd narrative

There is a 46% chance that Benjamin Netanyahu will remain Prime Minister of Israel through 2024, according to the Metaculus prediction community.

See sources

Tesla Cutting Prices of Several Models

The Facts

  • Elon Musk-owned electric vehicle (EV) maker Tesla on Saturday announced it's cutting around a third off the price of its "Full Self Driving" system from $12K to $8K in the latest sign the company is facing an uphill battle to thrive.

  • The cut in price of the "Full Self Driving" system — which contrary to its name doesn't drive the car itself — comes a day after Tesla announced it was cutting $2K off the price of three of its US models — the Model X, Model Y and Model S.


The Spin

Narrative A

The sky seems to be falling for what was once Musk's business crown jewel. The price cuts, layoffs, and recalls have continued Tesla's dismal slide, during which its value has decreased and sales have dropped. With a bruising earnings report expected out this week, Musk can't seem to figure out how to stop this tailspin.

Narrative B

It's been a tough week for Tesla — and the week ahead may be rough too — but there are signs of hope because of a possible increase in demand for an updated Model 3 and the potential Musk will soon announce a lower-priced Model 2, which could be extremely popular. Tesla is trying to price its EVs to better fit US budgets, and it's getting there.

Nerd narrative

There's a 50% chance that Tesla will report producing 3.37M vehicles in 2025, according to the Metaculus prediction community.

See sources

Pro-Palestine Student Protests Expand From Columbia to New England Colleges

The Facts

  • Ongoing protests supporting Palestine and against the ongoing conflict in Gaza have continued at Columbia University and begun at other US campuses in the New England area such as MIT, Tufts University, and Emerson College.

  • Students in the Greater Boston campuses began protesting around 7 p.m. local time on Sunday in support of the Columbia demonstrations.


The Spin

Pro-Palestine narrative

Student groups advocating the liberation of Palestinians and the Gaza war have for months faced challenges in discussing Palestine openly at various major US campuses due to censorship concerns. Such student groups at Columbia, MIT, Tufts, and other campuses have turned more vocal in an unprecedented manner. This grassroots human rights movement is getting the long overdue attention of the political and higher education establishment.

Pro-Israel narrative

Complaints of antisemitism at elite universities like Harvard and MIT reveal systemic issues. Jewish students have, in recent months, faced threats, assaults, and intimidation on campuses, with allegations of biased treatment and safety concerns. Upholding legal obligations to protect students from harassment is crucial — emphasizing the need to address antisemitism and anti-Israel bias effectively in academic settings to ensure a safe and inclusive environment for all.

Nerd narrative

There's a 70% chance that Israel will have de facto power in the Gaza Strip on Jan. 1, 2025, according to the Metaculus prediction community.

See sources

Maldives: Pres. Muizzu's Party Wins Parliamentary Polls

The Facts

  • According to preliminary results Monday, Maldivian Pres. Mohamed Muizzu's People's National Congress party has won the country's parliamentary elections — winning 71 of 93 seats.

  • The main opposition Maldivian Democratic Party, led by former Pres. Ibrahim Mohamed Solih, won 15 seats in Sunday's vote. It held an absolute majority in the previous parliament with 65 seats.


The Spin

Narrative A

With Muizzu's party securing a supermajority, it's clear voters have strongly endorsed his pro-China stand. Now he has the political muscle to reduce India's long-standing influence on the Maldives, push forward a more balanced foreign policy, and foster closer economic and defense cooperation with global powerhouse China.

Narrative B

Unfortunately, this vote will accelerate the Maldives' shift away from traditional ally India in favor of China, which has been aggressive on the world stage. Plus, Muizzu's two-thirds majority in parliament could allow him to destroy the country's democratic values. He can amend the constitution, control the judiciary, and compromise national sovereignty by giving China too much influence.

Nerd narrative

There's a 15% chance that there will be a China-India war by Jan. 1, 2035, according to the Metaculus prediction community.

See sources

SCOTUS to Hear 'Ghost Guns' Case Next Term

The Facts

  • The US Supreme Court agreed on Monday to take up the issue of whether the Biden administration can lawfully impose regulations on so-called ghost guns.

  • The case will be argued in the Supreme Court's next term, which begins in October, as both the Biden administration and challengers to its rule have asked for a definitive decision on the issue.


The Spin

Narrative A

Courts across the US have found that the White House and regulators have made up illegal rules against privately made guns to tighten gun control — and hopefully, the Supreme Court will decide the same way. Congress was fully aware of and expressly protected the long-established tradition of at-home gun-making in the Gun Control Act of 1968.

Narrative B

Whether you like it or not, the ATF does have the statutory grounds to enforce the Gun Control Act of 1968, which defines a firearm as any destructive device — including a combination of parts that can be readily converted to expel a projectile. Motivations for the rule and effectiveness may be questioned, but not its legality.

Nerd narrative

There's a 50% chance that there will be at least 1.41 small firearms per capita in the USA by 2029, according to the Metaculus prediction community.

See sources

Report: Global Military Spending Reached All-Time High in 2023

The Facts

  • A report by the Stockholm International Peace Research Institute (SIPRI) published Monday said global military expenditure totaled $2.443T in 2023 — an all-time high.

  • Spending soared 6.8% in real terms relative to 2022, marking the largest annual increase since 2009 — which was also the last year military expenditure increased in all five geographical regions defined by SIPRI.


The Spin

Establishment-critical narrative

This report confirms what we already knew about the increase in global military spending led by the US' outdated, neoconservative foreign policy. For the past two years, the US has been funding a proxy war with Russia that has killed thousands of Ukrainians and now it's allowing Israel to instigate a war with Iran that could bring mass destruction. It's time for the US to stop its endless thirst for war.

Pro-establishment narrative

There's been an erosion of diplomacy across the world, led by Russia and Iran's aggression. That has left the free world with little choice but to increase military spending in order to, among other things, help Ukraine fend off Russia. While peace is the ultimate goal, there must be increased commitment to security during these troubling times. The rules-based world order must be fostered and reinforced.

Nerd narrative

There's a 50% chance that at least 2.4% of world GDP will be spent on military expenses in 2030, according to the Metaculus prediction community.

See sources

Trump Hush Money Trial Begins

The Facts

  • On Monday, the hush money trial of former Pres. Donald Trump, who's the presumptive Republican presidential nominee for this year's election, began in Manhattan with opening statements.

  • Trump arrived at the courthouse around 9 a.m., addressing a camera and calling the trial a "witch hunt" before he entered the courtroom. The session was expected to last until 2 p.m. because of Passover, but it was cut short at 12:30 p.m. because of a juror’s dentist appointment.


The Spin

Pro-Trump narrative

This case is only for public spectacle, and it's good that Trump's defense tore apart every aspect of it Monday. Prosecutors can't single out any crime Trump committed, but Bragg is politically motivated to try to sidetrack the former president's current run for a return to the White House.

Anti-Trump narrative

There was nothing groundbreaking about the opening statements, but prosecutors picked the perfect first witness. If Trump did what he's accused of doing, he was probably desperate enough to get the media involved — and Pecker's publication would've been the perfect outlet to turn to in an effort to keep things under wraps.

Nerd narrative

There's a 72% chance that Trump will be found guilty of at least one felony in his New York "hush money" trial, according to the Metaculus prediction community.

See sources

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