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Reporter for U.S. newspaper The Wall Street Journal Evan Gershkovich, detained on suspicion of espionage, leaves a court building in Moscow, Russia March 30, 2023.

REUTERS/Evgenia Novozhenina

Russia nabs US journalist

A Wall Street Journal reporter apprehended by Russia’s notorious Federal Security Bureau in the city of Yekaterinburg Thursday has appeared in court in the Russian capital on espionage charges, which the Journal has dismissed as bogus.

Evan Gershkovich, who works out of the Moscow bureau for the New-York based outlet and earlier this week penned a bombshell feature on how sanctions are hurting the Russian economy, was on a reporting trip when he was seen being escorted into an FSB van in scenes reminiscent of the Soviet era. Indeed, he’s the first US journalist to have been arrested by Russian authorities since Ronald Reagan was in the White House. The Committee to Protect Journalists has demanded his immediate and unconditional release.

The Kremlin claims that the 31-year-old reporter was “collecting state secrets” on behalf of the US government. But many analysts say this is likely an attempt by President Vladimir Putin to flex his muscles and gain some leverage amid reports that Russia is stalling in Ukraine, with one US general claiming that ongoing fighting in Bakhmut is a “slaughter-fest” for Moscow.

Putin may be looking to secure some sort of trade deal with the US, like he did last fall when Washington agreed to swap WNBA star Brittney Griner, held in a Russian prison, for Viktor Bout, a Russian citizen and notorious arms dealer held in US custody since 2008. But Griner was held for the lesser offense of possessing a small amount of weed oil. Espionage is a whole other ballgame.

We’ll also be watching to see whether US media outlets now respond by pulling reporters out of Russia. After all, the US State Department has urged all US citizens to leave the country fearing a situation just like this.

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Former US President Donald Trump speaks during his first 2024 campaign rally in Waco, Texas.

REUTERS/Leah Millis

A Manhattan grand jury on Thursday voted to indict former US President Donald Trump on charges related to alleged hush money payments to adult film star Stormy Daniels.

Let that sink in.

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U.S. Vice President Kamala Harris and Second Gentleman Doug Emhoff walk to a helicopter on their way to Cape Coast in Accra, Ghana, Tuesday March 28, 2023.

Misper Apawu/Pool via REUTERS

Zambia warns against anti-LGBTQ protests ahead of Harris’s arrival

Zambia’s President Hakainde Hichilema is warning against anti-LGBTQ protests ahead of US Veep Kamala Harris’s visit Friday, part of a three-nation Africa tour aimed at shoring up US relations across Africa.

While in Lusaka, Harris will (virtually) address the Summit for Democracy, a Biden-crafted international conference designed to bolster democratic institutions and norms amid rising global authoritarianism. But dozens of Zambian opposition MPs claim the summit also aims to introduce gay rights to the country.

The opposition Patriotic Front Party reportedly plans to hold protests before the summit, but Hichilema has called for calm and for a dialogue with his opponents. Earlier this month, he vowed to maintain Zambia’s laws criminalizing consensual same-sex acts, which carry a life sentence.

This isn’t the first time gay rights have come up during Harris’s tour. In Ghana, she noted that LGBTQ rights are human rights but did not discuss the proposed Ghanaian bill to criminalize LGBTQ identification and advocacy. Harris’s visit also follows Uganda’s adoption last week of a draconian law that criminalizes identifying as LGBTQ, which could involve the death penalty in some cases.

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Garbage bags that have been piling up on the pavement as waste collectors are on strike since March 6 to protest against the French government's proposed pensions reform, in Paris on March 27, 2023.

Quentin Veuillet/ABACAPRESS.COM via Reuters Connect

10,000: Sanitation workers in Paris finally returned to work Wednesday, ending a weekslong strike over the government's controversial law to raise the minimum retirement age to 64. The City of Lights is now a stinker buried under 10,000 metric tons of trash — roughly the same weight as the iconic Eiffel Tower.

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Gang members wait to be taken to their cell after 2000 gang members were transferred to the Terrorism Confinement Center, in Tecoluca, El Salvador. Handout distributed March 15, 2023.

Secretaria de Prensa de la Presidencia/Handout via REUTERS

El Salvador’s state of emergency one year later

This week marks one year since El Salvador’s bullish millennial president, Nayib Bukele, introduced a state of emergency, enabling his government to deal with the scourge of gang violence that has long made his country one of the world’s most dangerous.

Quick recap: To crack down on the country’s 70,000 gang members, Bukele’s government denied alleged criminals the right to know why they were detained and access to legal counsel. The arrest blitz has seen nearly 2% of the adult population locked up.

Despite these draconian measures and Bukele’s efforts to circumvent a one-term limit, he enjoys a staggering 91% approval rating.

Bukele has also sought to distinguish himself as an anti-corruption warrior, which resonates with an electorate disillusioned by years of corrupt politicians (Bukele’s three predecessors have all been charged with corruption. One is in prison; two are on the run.)

Externally, relations with the Biden administration have been icy under Bukele, with San Salvador refusing to back a US-sponsored UN resolution condemning Russia’s war in Ukraine.

What matters most to Salvadorans is the dropping crime rate, which is why Bukele will likely cruise to reelection next year.

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Supporters of Kenyan opposition leader Raila Odinga throw stones at riot cops in Nairobi.

REUTERS/John Muchucha

Anti-government protests escalate in Kenya

On Monday, hundreds of protesters stormed a controversial farm owned by Kenya’s former President Uhuru Kenyatta. The rioters stole livestock, cut down trees, and then set the land on fire.

The motive likely has something to do with the ongoing protests against the government of President William Ruto captained by opposition leader Raila Odinga, who narrowly lost the 2022 election to Ruto, Kenyatta’s ex-VP. (The members of this political threesome have all worked with each other in the past in Kenya, where elite business and politics are about as tight as can be.)

This behavior is nothing new for Odinga. While the protests are outwardly about the rising cost of living, Eurasia Group analyst Connor Vasey says that the opposition is just “taking his politics to the streets,” using inflation and other grievances as a “lightning rod to ensure turnout”. And while he is officially trying to overturn Ruto’s victory, Vasey believes that what Odinga really wants is an unofficial executive role in government.

From here, we can expect a test of political willpower. Odinga is threatening more rallies, while Ruto says he’ll continue to deploy the security forces against the protesters. The president hopes that if his rival doesn’t get his political concessions soon, popular support for his mobilization will subside.

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A parade participant in a Winnie the Pooh costume waves a Chinese flag before the Lunar New Year parade in the Chinatown neighborhood of New York, U.S., February 12, 2023.

REUTERS/Bing Guan/File Photo

0: That's how many Hong Kongers can watch the in-theaters-only slasher film “Winnie the Pooh: Blood and Honey,” after the movie’s distributors pulled it from cinemas. The honey-loving bear has been in the crosshairs of Chinese censors since this photo of Xi Jinping and Barack Obama went viral almost a decade ago.

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A graph comparing the US Federal Funds Effective Interest Rate with the year-on-year percentage change in inflation.

Luisa Vieira

All eyes are on the US Federal Reserve, as it is set to announce Wednesday whether it’ll raise interest rates amid the recent banking turbulence.

The Fed’s decision will hinge on what central bankers think is a bigger priority: fighting inflation or stabilizing the financial sector following the recent collapses of Silicon Valley Bank and Signature Bank.

While it could stay the course in its inflation fight with another rate hike, the Fed is coming under growing pressure to ease investors’ anxieties by leaving interest rates be. But doing that risks giving in — temporarily, at least — to lasting inflation. The longer the Fed waits to control rising prices, the worse chance it has to reach its 2-3% inflation target without triggering a recession.

Also, high-interest rates are partly to blame for the recent financial turmoil on both sides of the Atlantic. Right-leaning critics argue that near-zero rates for too long made lending too cheap. Meanwhile, some on the left say that raising rates too quickly made borrowing too expensive, hurting the balance sheets of banks like SVB.

What do you think the Fed’s next move should be? Let us know here.

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