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Analysis: Extreme populists rise again in US and Europe as Putin assaults world order

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Analysis: Extreme populists rise again in US and Europe as Putin assaults world order

In France, the US, Hungary and elsewhere, the middle appears to be dropping out of politics as moderates lose floor to radicals on the proper and the left, amid widespread public discontent after a two-year pandemic that noticed governments considerably curtail particular person freedoms.

Solely 17 months in the past, a US marketing campaign gained by a veteran institution politician — President Joe Biden — who had campaigned as a reasonable towards a wannabe authoritarian — Donald Trump — appeared to herald the tip of the street for the previous commander in chief’s populist campaign.

But Republicans, nonetheless in thrall to Trump — a lot of whom have signed on to his corrosive lies about election fraud to win the favor of his supporters — seem on track to seize the Home, and maybe the Senate, in midterm elections within the fall.

They’re capitalizing on deep frustrations across the nation over rising costs and excessive gasoline prices that Biden has been unable to stem. Many are additionally staking out fiery messages on racial, gender and LGBTQ points and immigration, implying that conventional American tradition is prone to being destroyed. That theme dominated the Supreme Courtroom affirmation hearings for Decide Ketanji Brown Jackson.

In France, President Emmanuel Macron — the epitome of technocratic elitism — now faces a tricky two-week battle to beat again the momentum of the anti-immigrant, anti-Islam and pro-Putin far-right candidate Marine Le Pen.
The professional-Trump wing of European politics racked up one victory that will have happy Russian President Vladimir Putin after Hungarian Prime Minister Viktor Orban — a scourge of press freedom, EU leaders and democratic values — stored his job in a landslide election win earlier this month. Orban, a favourite of the “Make America Nice Once more” motion and conservative TV pundits, profited from his personal gerrymandering of electoral districts and pleasant propagandists within the press to defy predictions that his attraction was fading.

Trump’s continued maintain on Republican politics, Orban’s victory and Macron’s tight reelection race underscore how the established constructions of democracy in Western nations stay weak — not simply from hostile outdoors forces like Putin’s election meddling but in addition from a notion that conventional politicians are unable to resolve individuals’s issues.

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A rush to the political extremes

The worst predictions of Macron’s efficiency within the first spherical of the election did not materialize as he gained by about 5 share factors. However his lackluster marketing campaign gave Le Pen a gap to model the President, who has all the time struggled to point out he understands voters’ financial difficulties, as detached to excessive inflation and vitality costs.

As he educated his sights on the second spherical of his election race, Macron styled himself as a bulwark towards populism and extremism inside France and overseas.

“I need France to be a part of a robust EU, persevering with to create alliances with the good democracies of the world to guard ourselves,” the French President stated after the first-round outcome.

“I are not looking for a France that leaves the EU and solely has worldwide populists and xenophobes as allies. That isn’t us.”

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After the efficient disappearance of the center-right opposition in French politics, round 50% of the vote went to radical events of the proper and left.

In some methods, this parallels the eclipse of reasonable Republicans in Washington by Trump’s authoritarian America First-ism. Within the US, Biden gained in 2020 by courting the reasonable suburbs, however progressives succeeded in tugging his presidency to the left as soon as he was in workplace in a approach which will have alienated extra centrist voters.

Le Pen has labored to paper over her previous help for Putin and her vows to drag France out of the European Union. But when she have been to drag off a shock victory, the anti-Putin coalition in Europe would come below extreme pressure, and the Russian chief would have a recent alternative to carve new divides among the many allies. Macron has been particularly distinguished within the Ukraine disaster, holding open traces of communication with the Kremlin but in addition rising as Biden’s most essential ally in Europe.

“Putin’s invasion of Ukraine strengthened the West as by no means earlier than for the reason that Chilly Battle. The world is now divided between these international locations that defend the rule of legislation and democracy and those who battle to finish them,” stated Nicholas Dungan, an Atlantic Council senior fellow who teaches at Sciences Po, a prestigious French analysis college. Nonetheless, Macron’s first-round victory and newly energized rhetoric supplied the prospect that he could possibly be a dam towards extremism, a minimum of in France.

“Immediately we now have some minor aid that we can rely on French management sooner or later,” Dungan stated after Sunday’s leads to an election that had been watched with some anxiousness amongst Biden administration officers.

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Nonetheless, nobody who worries in regards to the risk that extremism poses to democracy — a core theme of Biden’s presidency — is taking a second-round Macron victory without any consideration.

“The far proper has by no means been so near profitable,” stated defeated French Republican candidate Valerie Pecresse.

In 2016, the populist revolt that noticed Britain vote to go away the European Union was a canary-in-the-coal-mine second that foreshadowed Trump’s outsider campaign that crushed Democrat Hillary Clinton’s White Home hopes.

Six years later, there seem like in poor health omens for Democrats throughout the English Channel. Le Pen was capable of energize her marketing campaign, holding a number of rallies in rural areas, by highlighting the punishing toll of inflation that pushed up the price of dwelling and was exacerbated by the financial influence of the battle in Ukraine.

Biden, who repeatedly instructed Individuals that inflation was a “transitory” subject popping out of the pandemic, has tried onerous to point out the nation he understands its results. However he might pay a heavy value in November’s midterms if already disgruntled voters are nonetheless livid about their grocery payments.

Energy primarily based on huge lies

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Trump, Le Pen and Orban do not come wherever close to the depravity and violence of Putin, who’s perpetrating atrocities in Ukraine on a scale not seen since a minimum of the Bosnian battle and possibly since World Battle II.

However the techniques of lots of the anti-establishment politicians stem from an identical effectively of political toxicity. They depend on whipping up anger over financial situations into resentment of foreigners, Muslims and outsiders, together with different minority communities. Some think about eroding the popularity of democratic programs and a free press to construct energy. Something that will increase the cynicism of the voters about its rulers and the system that retains them in place creates a brand new pool of anger that may be exploited.

Voter suppression eroded democracy in Russia and Hungary, and it is doing the identical within the US. It isn’t sure that Trump’s extremism will present a path to energy amongst a various basic voters. However he stays the dominant determine in his get together and the front-runner for the 2024 GOP presidential nomination.

Trump’s complete political undertaking — one which incited an unprecedented assault on the US Capitol on January 6, 2021 — is now primarily based on an enormous lie: that the US election was rigged in 2020.

The extra outrageous the lie, the extra it may be weaponized for a politician’s nefarious means. Putin’s rationale for invading Ukraine — that the nation is below the grip of Nazis, when in actuality it has a democratically elected, Jewish President — springs from the identical effectively of harmful fantasy politics.

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The onslaught was motivated by Putin’s perception that the nation didn’t have the proper to exist as an impartial, sovereign state and that its individuals have been basically Russians. Nevertheless it was additionally brewed from greater than 30 years of the Russian chief’s festering resentment of the West and its political programs following the autumn of the Soviet Union after the Chilly Battle.

The Russian President launched his personal direct effort to disrupt US democracy together with his intervention within the 2016 election in the US, which US intelligence businesses assessed was designed to assist Trump win. Those self same businesses warned on Monday that US strain on Russia over the Ukraine invasion might immediate Putin to go even additional in meddling in US democracy sooner or later.

Nevertheless it was Ukraine’s open need to solidify its democracy by becoming a member of the West — it needed membership within the European Union and NATO — that lastly pushed Putin over the sting and precipitated his onslaught.

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Trump’s crypto embrace overshadows new EU digital assets rules

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Trump’s crypto embrace overshadows new EU digital assets rules

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Donald Trump’s embrace of cryptocurrencies risks undermining Europe’s incoming rules on digital assets as companies overlook the continent in favour of a friendlier US market, industry executives have warned.

Companies such as Binance, the world’s largest cryptocurrency exchange, have indicated they will look to refocus their attention on the US after Trump promised to make the country “the crypto capital of the planet”.

Top executives and analysts say a crypto-friendly White House will exert a strong pull that compares favourably to the European Union’s new landmark rules, which come into force from December 30.

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The bloc’s rules, known as the Markets in Crypto-Assets Regulation (MiCA), will set guardrails for the public following the collapse of companies like exchange FTX and lenders including Genesis and Celsius. The standards have in the past been praised by the industry as a potential benchmark for global crypto asset regulation.

“In the previous US administration . . . MiCA certainly seemed like it was a good way of trying to think about the crypto industry without completely killing off innovation,” said Eswar Prasad, senior fellow at the Brookings Institution. 

But in the wake of Trump’s win, “we’re going to see a migration of crypto-related activities away from Europe in any form because things are going to be much easier in the US,” he added. “[MiCA] is going to be seen as very stringent.”

Trump’s victory has helped propel bitcoin to a record high of $108,000 this year, more than double its price a year ago. Retail and institutional investors have warmed to Trump’s pledge that he will end the US’s tough regulatory crackdown of recent years.

He has also nominated Paul Atkins, a crypto advocate, to head the Securities and Exchange Commission, and appointed David Sacks, a venture capitalist, to advise the president on crypto and AI policy. “We’re going to do something great with crypto,” he said last week.

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The EU’s MiCA rules will regulate the issuance of crypto coins including stablecoins, as well as digital asset services like custody and trading by demanding that companies providing those services are authorised in the EU.

Yulia Makarova, special counsel at law firm Cooley, said complying with MiCA “increases the costs for start-up firms” in particular. “Ongoing compliance costs can be such that the business gets to the brink of viability,” she added, warning that crypto start-ups may choose to launch in the US rather than the EU.

Some companies, such as US cryptocurrency exchange Coinbase and Circle, operator of the stablecoin USDC, have secured their EU licences. However others, such as Tether, the world’s largest stablecoin, will not be compliant with the new rules and are being delisted by local regulated exchanges.

“The new administration might take a bit of shine and a bit of edge off MiCA,” said Denzel Walters, head of Luxembourg at market maker B2C2. “But I still think MiCA here presents a really great opportunity for the digital assets market,” he added.

Executives are betting that Trump, as well as a new cohort of pro-crypto politicians in Washington, will also make headway with new legislation for crypto assets, which will in turn pave the way for traditional financial institutions to plough money into crypto.

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Already, crypto companies that dropped US services for fear of being hit by regulators, or were banned, are planning to return. “We are closer than ever to restoring US dollar services and our plan is to achieve this important milestone in early 2025,” said Norman Reed, interim chief executive of crypto exchange Binance US. “It is not a matter of if, but when,” he added.

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Bird flu has killed 20 big cats including cougars at a U.S. wildlife sanctuary

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Bird flu has killed 20 big cats including cougars at a U.S. wildlife sanctuary

A cougar is seen in a forest in autumn. The Wild Felid Advocacy Center of Washington says bird flu has killed 20 of its big cats, including cougars, in the past month.

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An animal sanctuary in Shelton, Wash., is under quarantine after a bird flu outbreak killed 20 big cats at the facility over the past month.

The Wild Felid Advocacy Center of Washington called the deaths “heartbreaking,” confirming the virus has claimed more than half its animals, including four cougars and a half-Bengal tiger, since late November.

“Our sanctuary is under quarantine to protect our remaining animals and prevent further spread,” the center said in a statement, adding it will remain closed to the public until further notice.

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The sanctuary said the outbreak may have been caused by respiratory secretions passed from infected birds to the cats or by contaminated meat fed to the cats. It said bird flu poses a serious risk to felines, often progressing from mild symptoms to fatal pneumonia within 24 hours.

The first cat, a cougar, died on Nov. 23 after showing signs of the illness. The virus then quickly sickened many other animals across the sanctuary. While some of the cats shared a wall between their habitats, they did not have direct contact.

The sanctuary’s 17 surviving animals — cougars, bobcats, servals, and tigers — remain under close observation.

In response, the sanctuary removed 8,000 pounds of food from storage and began deep cleaning, but the nonprofit says the measures have strained its finances. “The mounting medical costs, even at discounted rates, are significant,” it said, appealing for donations to cover expenses.

The outbreak comes amid rising concerns over bird flu in the U.S.

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Earlier this month, California Gov. Gavin Newsom declared a state of emergency due to its spread among dairy cattle, and outbreaks have been reported in wild and domestic bird populations across multiple states.

A brand of cat food also said it was recalling a line of its products after authorities linked the death of a cat to a batch of feed contaminated with bird flu.

The brand, Northwest Naturals, said it was advising people to throw out two-pound bags of its Feline Turkey Recipe that have a best-by date between May 21, 2026, and June 23, 2026, after the bags tested positive for virulent bird flu.

Experts warn that highly pathogenic avian influenza (HPAI) is becoming more prevalent, driven by migratory bird patterns.

While the virus primarily affects birds, it has shown the capacity to infect mammals, including domestic pets and wildlife, under certain conditions.

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Earlier this month, the Centers for Disease Control and Prevention confirmed the first severe human case of bird flu in the U.S. — a Louisiana resident who was hospitalized after being exposed to backyard flocks.

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India’s former prime minister Manmohan Singh dies

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India’s former prime minister Manmohan Singh dies

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India’s former prime minister Manmohan Singh, who liberalised the economy and then led the country through a period of strong economic growth, has died.

Singh, 92, was being treated for age-related medical conditions, the All India Institute of Medical Sciences in New Delhi said, as it announced his death on Thursday.

The Oxford university-educated economist set India on a path to becoming a fast-growing economy as finance minister from 1991 to 1996, when he opened up the country to more foreign trade and private investment.

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Considered a political lightweight by some in India at that time, Singh was a surprise choice by the Congress party to be prime minister after it won parliamentary elections in 2004.

Alongside a growth rate of almost 7 per cent, Singh’s decade as premier was marred by allegations of widespread corruption against his party’s leaders, although his personal integrity was rarely questioned.

Singh was accused of inaction and opposition parties claimed he was subservient to Congress’s chief at that time, Sonia Gandhi.

Shortly before Congress lost elections to Narendra Modi’s Bharatiya Janata party in 2014, Singh said in a speech to parliament that “history would be kinder to me than the contemporary media, or for that matter opposition parties”.

Prime Minister Modi on Thursday described Singh as one of India’s most distinguished leaders, saying he left a “strong imprint on our economic policy over the years” and had “made extensive efforts to improve people’s lives” as premier.

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Rahul Gandhi, a senior member of the Congress party, paid tribute to Singh, saying he had lost a “mentor and guide” whose “humility and deep understanding of economics inspired the nation”.

A member of parliament for more than three decades, Singh retired from active politics earlier this year.

The mild-mannered Singh, who belonged to India’s minority Sikh community, was born to a humble family in 1932 in a village in India’s Punjab prior to the country’s independence, which is now part of Pakistan.

Singh rose to become one of India’s most successful economists, serving the government in various capacities, including as head of the country’s central bank in the 1980s.

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