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What We’re Watching: US mail-in vote drama, Argentina protests, Facebook allows hate speech in India

US mail-in vote mess: US Postmaster General Louis DeJoy agreed Tuesday to delay until after the November election a series of long-planned cost-cutting measures that would hamper states' efforts to expand mail-in voting amid the coronavirus pandemic. But the drama doesn't end there. President Donald Trump — who often claims (without evidence) that voting by mail will lead to a fraudulent election result — last week suggested he's happy to starve the US Postal Service of $25 billion in additional funding that Democrats have proposed in order to ensure ballots are delivered in time to meet state deadlines for ballot counting. That, along with the fact that DeJoy is a Trump donor, makes many Democrats fear that the president is indeed trying to rig the election by suppressing mail-in voting (although traditionally Republicans vote more by mail than Democrats). Over a dozen US states plan to sue both Trump and DeJoy, who the plaintiffs claim are conspiring to slow down election mail to favor Trump's reelection chances. Stay tuned for next week, when DeJoy is scheduled to appear before Congress to discuss the controversy.

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Quick Take: As global case rate rises, polarization hurts pandemic response

Ian Bremmer's Quick Take:

First of all, the exploding cases that we're seeing moving from Europe and at least many states in the United States (though certainly not all) towards the developing world is getting you an exploding overall case rate. We've now seen from the World Health Organization yesterday the largest single day tally since the pandemic has begun over 180,000 cases that we know of. Add to that much lower testing rates in the developing world than in the advanced industrial economies and you'll see that we are nowhere close to being on the backside of this first wave of coronavirus. But that doesn't mean that the poorest countries in the world are all a disaster.

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Coronavirus Politics Daily: Argentina on the brink, Egypt's emergency law abuse, Hong-Kong's political fever

Argentina's economy on the brink: Mired in economic crisis, Argentina is on the verge of defaulting on its international loans for the ninth time in its history. Years of economic mismanagement had pushed Argentina into a recession even before the government imposed one of the tightest coronavirus lockdowns in Latin America in late March. The country's already weak currency, meanwhile, has taken a further hit because of the health crisis, pushing up the cost of $500 million in interest due over the next few weeks. The country's leftwing government says that, given soaring healthcare costs and emergency financial aid being doled out to help Argentines weather the COVID-19 storm, it can't make the payment and has appealed to international creditors, including the World Bank and IMF, to delay or renegotiate about $65 billion in debt. Buenos Aires has the support of hundreds of respected international economists who have called on bondholders to take a "constructive approach" to Argentina's restructuring proposal. In normal times, Argentina would get little sympathy from international lenders fed up with its unreliability and political gamesmanship, but the global economic downturn could finally give the desperate country some leverage with economic heavyweights in Brussels and Paris.

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G20, Brexit, US-China Trade War

China agrees to buy more US goods but is the trade war really over? It's your World in 60 Seconds with Ian Bremmer!

FÚTBOL FIASCO: ARGENTINA AT A CROSSROADS

It was supposed to be a triumphant moment—an opportunity to showcase Argentina's soccer prowess and to escape, if only momentarily, the gloom of a spiraling domestic economic situation. Scheduled for Saturday, the last match of Latin America's premier soccer finale, the Copa Libertadores, pitted two cross-town rivals from the capital Buenos Aires for the first time in the tournament's 58-year history.

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