Recent SEC filings reveal a significant increase in institutional investment in Trump Media and Technology Group (TMTG), with some firms adding hundreds of millions of dollars to their holdings. This surge in investment, despite TMTG’s substantial losses ($400m in 2024), raises concerns about potential quid pro quo arrangements given the investors’ connections to Trump and Republican politics. Critics, including Accountable.us, suggest these investments constitute a form of tribute aimed at currying favor with the President. Examples include Charles Schwab Investment Management and Hancock Prospecting, both significantly increasing their TMTG stakes.
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India has mobilized 14 Territorial Army (TA) infantry battalions, totaling roughly 10,500 personnel, for deployment nationwide until February 2028. This augmentation of forces, enabled by invoking Rule 33 of the Territorial Army Rule 1948, supports the regular army in various roles, freeing up regular troops for heightened operational preparedness along the border with Pakistan. The mobilization also includes recalling disembodied TA personnel and curtailing leave for active-duty personnel. This action reflects escalating tensions between India and Pakistan.
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A US-Gulf summit, hosted by Saudi Arabia in mid-May, will feature President Trump’s announcement, anticipated to be of significant importance. The summit’s agenda includes various agreements, potentially encompassing security, military, technological, and artificial intelligence partnerships, along with substantial economic deals. Speculation includes a possible declaration on Palestinian statehood, though conflicting opinions exist regarding its likelihood and significance, with some suggesting a focus instead on major economic agreements and investment. The absence of key regional leaders suggests that the summit’s priorities may not center on the Palestinian issue.
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The USDA, at the behest of the Department of Government Efficiency (DOGE), is demanding states provide extensive personal data on SNAP recipients, including Social Security numbers and addresses. This unprecedented request, stemming from a March executive order, prioritizes data collection over traditional fraud detection methods, raising privacy concerns and the potential for misuse in immigration enforcement. Critics argue this violates the Privacy Act and could lead to deportation and mass surveillance, while the USDA maintains the data will comply with all relevant laws and regulations. The request comes amid proposed SNAP cuts and a history of using such data to make misleading claims about immigration and fraud.
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Margot Friedländer, a Holocaust survivor and prominent activist, passed away at age 103. After surviving Theresienstadt concentration camp and emigrating to the U.S., she returned to Germany in 2010, becoming a vocal advocate for remembrance and reconciliation. Friedländer shared her experiences through speeches, school visits, and her memoir, “Try to Make Your Life,” emphasizing the importance of remembering the Holocaust and combating antisemitism. Her work earned her numerous accolades, including a planned state medal posthumously recognizing her contributions to German society.
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Early Saturday, escalating tensions between India and Pakistan reached a critical point with Pakistan alleging that India launched air-to-surface missile attacks on at least three of its air bases, including one near Islamabad. Pakistan subsequently claimed to have retaliated by targeting Indian air bases and a missile storage facility. This exchange of strikes represents a considerable escalation of the conflict, which began Wednesday, between the two nuclear-armed nations. The attacks involved significant explosions, with witnesses reporting large fireballs. The Pakistani military warned of further action, expressing concerns about a potential regional war.
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Cardinal Prevost, while sharing Pope Francis’s stances on climate change and support for the poor and migrants, holds differing views on LGBTQ+ issues, criticizing the “homosexual lifestyle” in contrast to Francis’s more inclusive approach. His record on clergy sexual abuse is concerning, involving housing an accused priest near a school. Despite these disagreements, Prevost remains more moderate than many other potential successors on social issues. His vision emphasizes a church deeply connected to the marginalized, aligning with Francis on this key aspect.
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A US-Israeli plan, spearheaded by Ambassador Mike Huckabee, proposes a new humanitarian aid mechanism for Gaza, initially reaching 60% of the population via a private foundation and secured by US military contractors and Israeli military support. This foundation will distribute pre-packaged rations and supplies at four distribution centers, bypassing what the US and Israel deem an unreliable UN system. While the plan aims to scale up over time, the UN and other aid organizations have rejected it, citing concerns about feasibility, adherence to humanitarian principles, and the potential for forced displacement. Hamas has condemned the plan as a tool for subjugation.
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Following alleged Indian missile strikes on three Pakistani air bases, Pakistan launched retaliatory strikes on multiple targets across India, utilizing Fateh missiles to hit over 25 military sites. These strikes reportedly targeted airbases and weapons depots in Gujarat, Punjab, Rajasthan, and Indian-administered Kashmir. Pakistan’s military subsequently called for dialogue and de-escalation, despite the significant escalation of the conflict between the two nuclear-armed nations. The G7 nations have urged both countries to exercise maximum restraint and pursue peaceful resolutions through direct dialogue.
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Multiple explosions rocked Rawalpindi and Lahore on Friday night. Near Rawalpindi’s Nur Khan Airbase, two blasts, reportedly a foiled missile strike, prompted a significant security response. Authorities secured the area following the incident. Simultaneous explosions in Lahore are under investigation. These events follow recent heightened tensions between Pakistan and India.
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John Q. Hosedrinker