Calm Returns to Wall Street, and Stocks Bounce Back After Their Worst Drop in Nearly Two Years

The Associated Press  A rising tide swept stocks higher, and calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 climbed 1% to break a brutal three-day losing streak. It had tumbled a bit more than 6% on a raft of concerns, including worries the Federal Reserve had pressed the brakes too hard for too long on the U.S. economy through high interest rates in order to beat inflation. The Dow Jones Industrial Average rose 294 points, or 0.8%, while the Nasdaq composite gained 1%. Stocks of all kinds climbed in a mirror opposite of the day before, from smaller companies that need U.S. households to keep spending to huge multinationals more dependent on the global economy. READ THE FULL STORY                   

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Hamas Names October 7 Architect Yahya Sinwar, Hiding Underground, as New Leader

Breitbart Hamas announced Tuesday that it had named Gaza-based leader Yayha Sinwar as its new leader to replace political chief Ismail Haniyeh, who was killed in Tehran, Iran, last week while attending the presidential inauguration there. Sinwar, who is regarded as the architect of the October 7 terror attack in which Hamas murdered 1,200 Israelis, is thought to be hiding underground in a tunnel in Gaza, possibly surrounded by Israeli hostages as human shields. The Times of Israel reported: Sinwar was selected by Hamas’s 50-strong Shura Council, a consultative body composed of officials elected by Hamas members in four chapters: Gaza, the West Bank, the diaspora and security prisoners in Israeli jails. READ THE FULL STORY                   

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Commentary: Voting Against Antisemitism in the Ilhan Omar Race

Rep Ilhan Omar

All eyes are on Minnesota, now that Vice President Harris has picked Governor Tim Walz to be her running mate in November. But that is not the only North Star State race voters should be watching.

Unbeknownst to many, Minnesota has an open primary system. This means that, according to Ballotpedia, “a voter can participate in the party primary of his or her choice.” Whether residents of the district are Republicans, Independents, or Democrats they can all vote in the Ilhan Omar primary on August 13th.

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Acquitted Former Student Sues Fifteen Groups for Defamation After They Called Him a Rapist

Saifullah Khan

A former Yale University student who defeated claims of rape is continuing his legal battle to seek justice.

Saifullah Khan is suing fifteen organizations including the National Women’s Law Center, the Fierberg National Law Group, and the National Crime Victim Law Institute, along with attorney Jennifer Becker, for “defamation, false light, negligent infliction of emotional distress, and abuse of process action.”

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Kamala Harris Makes Several About-Faces on Key Policies as She Maneuvers to Face Donald Trump

Kamala Harris

In the weeks since Vice President Kamala Harris became the presumptive Democratic nominee, the California politician has shifted her policies—sometimes quietly, even under the radar —on key issues to distance herself from her liberal past.

White House officials told Politico that these shifts are part of a strategy to undermine the argument that she is a leftist politician, a reputation they believe stems from the positions she took in the 2020 Democratic primary, but which they say do not truly represent Harris’ positions.

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Victor Davis Hanson Commentary: Trump Can Win (or Lose) the Election

President Donald Trump

The good news for the Trump campaign is that the sure Democratic nominee Kamala Harris is a lifelong California hard leftist at a time when the state is emblematic of progressive nihilism. Her extremist advocacies as a San Francisco county and city attorney, state Attorney General, and senator are on record. And they are consistent with what has virtually destroyed the state.

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‘Nonpartisan’ Climate Group Called ‘Science Moms’ Looks Like a Democrat Dark Money Operation

Science Moms video

by Robert Schmad   An organization spending millions on swing state ads ahead of November’s election brands itself as “non-partisan” despite extensive ties to a major Democrat-aligned dark money network, according to the Washington Examiner. Science Moms, which calls itself a “nonpartisan group of scientists” working to fight climate change, has a parent organization that is extensively bankrolled by the Windward Fund, a grant-making organization in a sprawling multi-billion dollar network of nonprofits aligned with the Democratic Party and managed by the for-profit consulting firm Arabella Advisors, the Examiner reported. The $2.5 million advertising campaign funded by Science Moms will target the states of Pennsylvania, Wisconsin, Arizona, Michigan, North Carolina and Georgia, according to Scientific American. “If you knew this was your last, best chance to protect all the places you love, what would you do?” the advertisement’s narrator asks. The ad is titled “climate change is taking the places we love.” Despite Science Moms putting forward a nonpartisan and grassroots image, it began its life as a part of the Arabella Advisors’ dark money network. Science Moms is part of a larger group called the Potential Energy Coalition (PEC) which, until October 2020, was a fiscally sponsored project of the Windward Fund, according to the…

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Trump Blames Market ‘Kamala Crash’ on ‘Radical Left Lunatic’ Harris

Donald Trump

Former President Donald Trump blamed the Monday stock market dive on Vice President Kamala Harris in a series of Truth Social posts.

The market experienced a worldwide sell-off on Monday that hit American stocks as concerns over a possible U.S. recession take hold, Fox Business reported. Trump took to Truth Social to attribute the downturn to Harris being “even worse” than President Joe Biden, predicting an economic depression in 2024.

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Analysis: June Unemployment 352,000 Under Biden-Harris, 1.47 Million Unemployed Since 2023

Joe Biden and Kamala Harris

The U.S. unemployment rate once again ticked up in the month of June to 4.3 percent as another 352,000 Americans said they were unemployed, according to the latest data from the Bureau of Labor Statistics. Markets are crashing in response.

Overall, 1.47 million more Americans say they’re unemployed since Dec. 2022, with the number of unemployed now up to 7.16 million, the highest since Oct. 2021 following the Covid recession.

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Commentary: After Years of Big Tech Putting Profit over Children’s Safety, the Senate Just Took a Big Step to Hold Them Accountable

Little Girl online

Since 1998 — the last year Congress passed a major law to reform the tech industry and protect children in the virtual space — a lot has changed.

In the last 26 years, more than 100 million Americans were born during the internet’s profound transformation from dial-up to near constant connectivity, especially with the emergence of the biggest social media platforms: Facebook, Instagram, Snapchat, TikTok, and more.

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LGBT Nonprofit Director Reportedly Used Donor Money to Fund Lavish Lifestyle

Sarah Kate Ellis

The executive director of a large LGBT nonprofit allegedly spent the organization’s money on a lavish personal lifestyle, The New York Times reported on Thursday.

Sarah Kate Ellis, chief executive of GLAAD, an LGBT advocacy group, spent large sums of donor’s money on expenses such as remodeling her home office with a chandelier, renting a Cape Cod property, first class flights and luxury hotels, according to the NYT’s review of expense reports from January 2022 to June 2023. The expenses may be in violation of both the organization’s guidelines and Internal Revenue Service (IRS) rules, legal experts told the NYT.

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Federal Judge Rules That New Jersey’s AR-15 Ban Is Unconstitutional

AR-15

On Tuesday, a federal judge ruled that the state of New Jersey’s ban on AR-15 rifles is unconstitutional.

ABC News reports that U.S. District Judge Peter Sheridan’s ruling was directly influenced by the precedent set by the Supreme Court in its landmark ruling in New York State Rifle & Pistol Association, Inc. v. Bruen in 2022. In that case, the Supreme Court determined that Americans do not have to show “proper cause” when seeking to obtain a concealed-carry permit, overturning a 100-year-old state law in New York.

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Trump Campaign Raked in Nearly $140 Million in July

Donald Trump Rally

Former President Donald Trump announced Thursday his campaign has raised nearly $140 million for July.

Within an fundraising update for the month of July, Trump’s campaign stated they’ve pulled in a total of $138.7 million, thus providing a cash on hand total of $327 million. The new numbers come after Trump was confirmed as the GOP’s presidential nominee at the Republican National Committee in Milwaukee, Wisconsin, and notably after the failed assassination attempt against him in Butler, Pennsylvania.

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Half of Americans View Large-Scale Migration to Be a ‘Critical Threat,’ Majority Want More Wall: Poll

Border Wall

Half of Americans believe a large number of migrants entering the country poses a “critical threat” to the interests of the United States, and a majority favor expanding the U.S.-Mexico border wall, a Chicago Council survey found.

Fifty percent of Americans view large numbers of migrants and refugees entering the U.S. to be a “critical threat” to the nation, a survey released Friday by the Chicago Council on Global Affairs found. The poll additionally found wide support for a border wall and the use of U.S. troops to stem illegal immigration.

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Virginia Military Institute Alumni File Lawsuit Against Institute’s Official Alumni Association

A frustrated group of Virginia Military Institute alumni, some of whom have previously spoken out against the institution’s growing embrace of DEI, have taken on a new battle.

The disgruntled alumni have filed a civil rights lawsuit against VMI Alumni Agencies, arguing the relationship between the official alma mater organization and the institute itself is inappropriate, that school leaders have too much control over it.

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University of Wisconsin-Milwaukee Suspends Groups After Saying Israel Supporters ‘Not Welcome’ and to ‘Stay Tuned’

Pro-Palestinian protesters at UWM

Five pro-Palestinian groups at the University of Milwaukee are currently suspended and under investigation following an Instagram story.

The chancellor’s office wrote it was “alerted to an Instagram story on the uwm4palicoalition account that included intimidating language aimed at Jewish community members and organizations on campus that support Israel.”

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Biden EPA Cuts Big Check for Pro-Defund the Police Activists to Pursue ‘Climate Justice’ for Convicts

Climate Protest

The Environmental Protection Agency (EPA) is sending up to $3 million to an activist group that advocates for slashing police budgets and prison closures to pursue “climate justice” for convicts and “reentry communities.”

The Ella Baker Center for Human Rights (Baker Center) and the Insight Garden Program were selected for receipt of between $1 million and $3 million to pursue “Environmental and Climate Justice in Prison and Reentry Communities.” The Baker Center has previously endorsed or advocated for left-wing activist positions like defunding the police, effectively decriminalizing shoplifting, closing prisons and more.

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Commentary: America’s Eroding Deterrent in the Face of China Aggression

U.S. Navy Seventh Fleet

In March 2015, the former Commander of the U.S. Pacific Fleet, Admiral Harry Harris, while giving a speech in Australia, dismissed the People’s Republic of China’s (PRC) building of seven artificial islands in the South China Sea (SCS) as nothing more than a “Great Wall of Sand” that would not alter the U.S. Navy’s freedom of navigation operations or American deterrence capabilities in the region.

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Study: After COVID Pandemic, Only 40 Percent of Americans Now Say They Trust Doctors

A stunning 50-state survey of U.S. adults has found that trust in physicians and hospitals collapsed during the COVID-19 pandemic, going from from 71.5 percent in April 2020 to 40.1 percent in January 2024.

Roy H. Perlis, MD, MS, Katherine Ognyanova PhD, and Ata Uslu, MS, researchers from the Center for Quantitative Health, Massachusetts General Hospital, Rutgers University, and Northeastern University, surveyed 443 455 individuals in every sociodemographic group aged 18 years or older residing in the US.

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Catholic Group Urges DOJ to Investigate Pro-Abortion Attacks on Churches, Pregnancy Centers

A Catholic organization that tracks attacks on pro-life pregnancy centers and churches is urging the Justice Department to investigate over 400 known attacks since the Supreme Court overturned Roe v. Wade in 2022.

The organization, CatholicVote, requested a meeting to discuss probes of pro-abortion violations of the FACE Act in a letter to Assistant Attorney General Kristen Clarke that it shared with The Daily Signal.

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National Debt Reaches $35 Trillion for First Time in U.S. History

National Debt

The national debt surpassed $35 trillion on Monday for the first time in U.S. history as exorbitant federal spending continues under President Joe Biden.

Since Biden was inaugurated, the national debt has increased by over $7 trillion, from $27.7 trillion on January 20, 2021 to now over $35 trillion as of July 29, 2024. If the debt were to be divided among the roughly 258.3 million adults in the U.S., each adult would have roughly $135,500.

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Commentary: Bias Lurks in Study Linking Bronchitis in Children with Poor Air Quality

People wearing masks

A new study by a team of University of Southern California researchers claims that children exposed to poor air quality are at greater risk of (self-reported) bronchitis symptoms than are adults. But this health claim is tenuous.

Published in the American Journal of Respiratory and Critical Care Medicine, the study uses data sets from a 30-year-old Southern California Children’s Health Study cohort—with a long length of time between exposure and presumed response of self-reported bronchitis.

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U.S. Job Growth Slows to a Crawl as Unemployment Rises

Business Meeting

The U.S. added 114,000 nonfarm payroll jobs in July as the unemployment rate ticked up to 4.3%, according to Bureau of Labor Statistics (BLS) data released Friday.

Economists anticipated that the country would add 175,000 jobs in July compared to the 206,000 added in initial estimates for June, and that the unemployment rate would remain stable at 4.1%, according to U.S. News and World Report. Federal Reserve Chairman Jerome Powell noted in a press conference on Wednesday that a continued slowdown in the labor market could be a sign of further softening in the economy and contribute to a possible cut to the federal funds rate and an easing in harsh credit conditions that have weighed on Americans.

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Radical Anti-Fracking Activists Endorse Kamala Harris’ Campaign

Kamala Harris

Vice President Kamala Harris has racked up endorsements from several hardline climate groups that oppose fracking, even after her campaign disavowed her previous support of a fracking ban.

The political arms of 350.org, Friends of the Earth, the Center for Biological Diversity, Food and Water Watch, Climate Hawks Vote, Clean Water Action and the Green New Deal Network have all endorsed Harris, even after her campaign told The Hill last Friday that she no longer would ban fracking. The groups — all of which oppose fracking — had not endorsed President Joe Biden before he quit the 2024 presidential race, and they join a growing list of major environmental groups backing Harris as Election Day approaches.

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Commentary: The Crucial Importance of an Independent Judiciary

Supreme Court

The independent judiciary established by our Constitution has inspired the world. Even British law, which developed and preserved constitutional liberties, and whose firm sense of political rights inspired the American Founders, has only in the last two decades undertaken to separate its judiciary from Parliament’s supremacy.

The Framers of the Constitution were keenly aware of how Britain’s constitution had failed them. Britain’s judiciary had no power to keep Parliament in check when it passed the Intolerable Acts and the other outrages to which the Declaration of Independence objected. Previously, the courts proved unable to rein in the Stuart kings’ grabs for supremacy; war resulted.

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Rochester Public Schools Threatened with Lawsuit over District’s Transgender Policy

Classwork

A pair of non-profit public interest law firms have threatened to sue Rochester Public Schools (RPS) if the district utilizes its new pro-transgender policy to “transition a child without parental consent.”

Just weeks ago, the RPS school board gave final authorization to a new policy governing how the district will “address the needs and concerns of transgender and/or gender-expansive students” in its schools. According to that policy, if a child changes their name, or begins using a different bathroom, the school district will only alert the child’s parents if the parent specifically asks about such information.

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South Carolina Supreme Court Approves Firing Squad, Other Execution Methods for Death Penalty

South Carolina Supreme Court

The South Carolina Supreme Court granted approval for the state Wednesday to conduct executions by firing squad and electrocution.

The state passed a law in 2021 allowing the use firing squads and electrocution as execution methods, according to The Hill. However, the approval was temporarily halted due to death row inmates suing the state, despite death by electrocution becoming a default method when the state could not provide lethal injection drugs.

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Trump Suggests Congress Could ‘Shut Down’ Tech Giant over Alleged Censorship

Trump Google

Former President Donald Trump suggested on Friday that Congress could close down Google for its alleged bias and censorship.

Republican Kansas Sen. Roger Marshall demanded in a Wednesday letter to Google CEO Sundar Pichai that the company provide answers relating to its apparent “censorship” of the Trump assassination attempt from the tech giant’s “autocomplete” feature. Trump on “Mornings With Maria Bartiromo” said the company could face additional congressional scrutiny and possibly closure for how its handled political issues.

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Few Americans Trust the Secret Service to Protect Presidential Candidates After Trump Shooting: Poll

Secret Service Members

Few Americans trust the United States Secret Service to keep presidential candidates safe before the November election, according to a Associated Press-NORC Center for Public Affairs Research poll released Friday.

Only about three out of ten Americans say they are “extremely” or “very confident” that “the Secret Service can keep presidential candidates safe from violence before the election,” according to the AP-NORC poll. U.S Secret Service director Kimberly Cheatle resigned from her position on July 23 following an evasive testimony before Congress about the attempted assassination of former President Donald Trump on July 13 in Butler, Pennsylvania.

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Analysis: Federal Fiscal Burden Consumes 93 Percent of America’s Wealth

Based on data from a U.S. Treasury report, the federal government has amassed $142 trillion in debts, liabilities, and unfunded obligations. This staggering figure equals 93% of all the wealth Americans have accumulated since the nation’s founding, estimated by the Federal Reserve to be $152 trillion.

Unlike other measures of federal red ink that cover an arbitrary period, extend into the infinite future, or ignore government resources, the figure of $142 trillion applies strictly to Americans who are alive right now and includes the government’s commercial assets. Thus, it quantifies the financial burden that today’s Americans are leaving to their children and future generations.

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Harris’ VP Short-Lister Collaborated with Trans Lobby to Target Counselors Who Won’t Gender-Transition Kids

Pennsylvania Governor Josh Shapiro

Pennsylvania Gov. Josh Shapiro, who is reportedly on Vice President Kamala Harris’ shortlist for running mate, collaborated with transgender activists to target professionals who help children resolve gender distress without life-altering medical treatments, according to documents obtained by the Daily Caller News Foundation.

The Shapiro administration and representatives of the Trevor Project, an LGBTQ+ activist group, worked behind the scenes in a systematic campaign to effectively impose bans on so-called “conversion therapy,” without needing to pass any legislation. The Trevor Project also investigated individual licensed therapists, some of whom were connected to Christian groups, and shared part of that information with Shapiro’s administration, emails obtained by the DCNF show.

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These Fortune 500 Companies Remained Silent over Trump Assassination Attempt, but Condemned January 6

Coca-Cola Corporate Headquarters

A number of Fortune 500 companies that publicly condemned the Jan. 6 Capitol riot have remained silent following the July 13 attempted assassination of former President Donald Trump.

An analysis conducted by The Heritage Foundation’s Oversight Project found that eight Fortune 500 companies issued statements condemning the January 2021 Capitol riot, but stayed silent over the July 13 attempt on Trump’s life.

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Chuck Schumer Introduces Bill to Roll Back Supreme Court’s Presidential Immunity Ruling

Chuck Schumer

Democratic Senate Majority Leader Chuck Schumer will introduce a bill on Thursday  to effectively reverse the Supreme Court’s decision on presidential immunity, according to ABC News.

Schumer’s “No Kings Act” bill has over two dozen Democratic co-sponsors and comes as a direct response to the Supreme Court’s Trump v. United States ruling, which found that presidents have immunity from prosecution for official acts taken in office, according to ABC News. The bill would clarify that it is Congress’ responsibility to determine who federal criminal law applies to, not the Supreme Court, according NBC News.

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Commentary: Trump Continues to Show Himself to Be America’s Warrior

Donald J. Trump

The last two weeks are arguably unprecedented in American history. Fresh off a debate where he showed the sitting President to be the senile octogenarian we all knew he was, the presumptive Republican nominee was shot at a rally, only to stand up immediately, pump his fist, tell the crowd to “fight,” and, within a few days, formally accept the GOP nomination and continue to rally.

A few days later, Donald Trump’s Democrat opponent, Joe Biden, knowing he couldn’t possibly compete with that, dropped out of the race rather than face an expected landslide loss to the former President.

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ICE Confirms Man in Deadly Shootout with Texas Police Entered U.S. Illegally

Jorge Jose Chacon-Gutierrez

Federal immigration authorities confirmed that a man killed after getting into a Sunday shootout with San Antonio police had entered the United States unlawfully less than a year ago.

Jorge Jose Chacon-Gutierrez allegedly exchanged fire with three San Antonio Police Department (SAPD) officers early Sunday morning inside an apartment home after the officers arrived in response to a domestic violence call, according to KSAT, a local outlet. The shootout left Chacon-Gutierrez dead and one officer, Viviana Rodriguez, hospitalized.

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Sherrod Brown Leading by Four Points over GOP challenger in Ohio Despite Trump’s Lead in State

Washington Examiner Sen. Sherrod Brown (D-OH) is polling better than his Republican challenger while former President Donald Trump has a much larger lead in the same state. Brown is leading Republican nominee Bernie Moreno by 4 points, with Brown getting 46% of the support and Moreno getting 42% of the support, according to a new poll commissioned by AARP from the bipartisan team of Democratic Impact Research and Republican Fabrizio Ward. The same poll shows Trump has a strong hold over the one-time swing state, with a 9-point lead over Vice President Kamala Harris, the presumed Democratic nominee.  Brown is maintaining this level of support because he has a 12-point lead with Ohio independent voters, and 14% of Republicans indicated they would support Brown. READ THE FULL STORY                   

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Trump Vows to ‘Keep Men Out of Women’s Sports’ After Olympic Gender Controversy

NBC Montana Former President Donald Trump on Thursday posted via his Truth Social account that he will fight to prevent men from competing in women’s sports. Trump shared in his post a video of a women’s Olympic boxing match between Angela Carini of Italy and Imane Khelif of Algeria. Khelif qualified to compete in the Paris Olympic Games after being disqualified from the 2023 International Boxing Association (IBA) finals for not meeting the organization’s eligibility requirements. IBA president Umar Kremlev told a Russian news agency at the time that Khelif has “XY chromosomes,” Reuters reports. READ THE FULL STORY                     

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U.S. Journalist Evan Gershkovich Freed from Russian Prison as Part of Major Exchange

NBC News Four U.S. residents wrongly imprisoned in Russia — including journalist Evan Gershkovich and Marine veteran Paul Whelan — were released and on their way home Thursday, part of a major multinational prisoner exchange the likes of which has not been seen since the Cold War. The massive deal, cut among seven nations, involves 24 people, including five Germans and seven Russian citizens held in Russia, and eight Russians imprisoned in the U.S., Germany, Slovenia, Norway and Poland. President Joe Biden called the deal that had led to the release of the four U.S. detainees a “feat of diplomacy and friendship.” READ THE FULL STORY                   

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The Advertising Industry’s Deepening Role in Online Censorship

X User

In the arsenal of the censorship-industrial complex, few weapons have been more effective than advertiser boycotts. Long before online censorship reached its peak in 2020 and 2021, advocates of online censorship had identified online advertisers as the most important source of pressure on social media companies to restrict free speech. When direct appeals to social media platforms fail, pro-censorship campaigners use the threat of advertiser boycotts to produce the desired result.

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