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Leading Republican senators during their weekly briefing in the US Capitol in Washington, D.C., USA, on May 20, 2025.

Douglas Christian/ZUMA Press Wire

House passes Trump’s tax agenda, but senators will now have their say

By a margin of just one vote, the US House early on Thursday passed a budget bill containing President Donald Trump’s tax agenda, which centers on making his 2017 tax cuts permanent. Some last-minute changes to the bill helped to get it over the line: House Republicans increased the SALT-cap to $40,000 and accelerated the introduction of work requirements for Medicaid. But can the GOP get the bill through the US Senate? Lawmakers in the upper chamber are already plotting changes to the legislation...

You can Chagos your own way: UK hands islands back to Mauritius, leases back base

More than two centuries after taking the Chagos Islands from France, the United Kingdom relinquished the Indian Ocean archipelago to Mauritius, but will continue to lease a US-UK military base there, on the island of Diego Garcia, for another 99 years. The UK says the deal, which creates a 24-mile buffer zone around the base, is meant to ensure its long-term security amid growing Chinese aggression in the area. US Secretary of State Marco Rubio welcomed the deal.

Taiwan adds new drone units as part of shifting military strategy

Ever wary of a potential Chinese invasion, Taiwan announced that it will introduce its first-ever drone units this year. The move is part of Taipei’s evolving strategy of effectively deterring Beijing rather than preparing for a direct fight. “Overall, the cross-strait military balance still tilts toward China’s favor, since China spends a lot more on defense,” says Eurasia Group regional expert Ava Shen. “So it’s more pragmatic for Taiwan to be a ‘porcupine,’ so to speak.”

This Sunday, Venezuelans will go to the polls in the first nationwide elections since the contested presidential election last July.

But unlike that election, which by all independent accounts President Nicolás Maduro stole, the country’s embattled opposition has decided this time not to participate at all.

Ahead of the vote – which is for local, regional, and legislative positions – I sat down with opposition leader María Corina Machado, who has been in hiding amid a fierce government crackdown since the election last year.

I asked her why she has gambled on boycotting the vote rather than participating, what she thinks of the Trump Administration’s Venezuela policy, and millions of Venezuelans who have fled the country…

Here's the full interview.

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A view of the Business School campus of Harvard University in Cambridge, Massachusetts, USA, on April 15, 2025.

REUTERS/Faith Ninivaggi

7,000: The White House has scrapped Harvard University’s authorization to enroll foreign students, putting the school’s roughly 7,000 foreigners at risk of having to transfer elsewhere or go home. The Trump administration accuses Harvard of fostering antisemitism and violence, and of “coordinating with the Chinese Communist Party.” Harvard plans to appeal the move, which could affect a major source of income, as foreigners typically pay full tuition.

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Then-Bank of England Governor Mark Carney shakes hands with then-Chinese Premier Li Keqiang before the 1+6 Round Table Dialogue meeting at the Diaoyutai State Guesthouse, in Beijing, China, on September 12, 2017.

REUTERS/Etienne Oliveau/Pool

Amid a trade war and annexation threats, most eyes are on the US-Canada relationship right now. But the future of Canada’s relationship with China, the world’s second-largest economy, is also an open question, and observers wonder what rookie Prime Minister Mark Carney is going to make of it.

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US President Donald Trump announces he has selected the path forward for his ambitious Golden Dome missile defense shield, in the Oval Office of the White House in Washington, D.C., USA, on Tuesday, May 20, 2025.

Chris Kleponis/Pool/Sipa USA

Donald Trump wants to protect the United States from ballistic and hypersonic missiles with a “Golden Dome,” and Canada, officially, wants in. The details of the program and Canada’s role are still to be determined, but Trump says the total cost will be $175 billion (the Congressional Budget Office says more) and the project will be completed by the end of his term. Experts wonder whether such a defense system is even possible, given the technological difficulty of intercepting ICBMs and space-based launches. But the US president says Canada will pay its “fair share.”

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Canadian Prime Minister Mark Carney gives a thumbs up as he departs after meeting with US President Donald Trump at the White House in Washington, D.C., USA, on May 6, 2025.

REUTERS/Leah Millis

Canada’s new prime minister, Mark Carney, won the election largely by adopting a pugnacious “elbows up” posture against the Trump administration. But now that he’s in office, he’s adopted a more diplomatic posture. His meeting at the Oval Office two weeks ago was remarkably civilized. He even called Donald Trump a “transformative president,” though a careful observer will note the ambiguity attached to the characterization. The meeting was a prelude to future talks on trade and a renegotiation of the USMCA.

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Reuters

56 million: The US Treasury has issued its final order for pennies, and expects to stop putting the smallest denomination of US currency into circulation entirely by early next year. The move to end the penny -- driven by President Trump and now backed by legislation from both parties -- will save the US government $56 million annually.

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