The military parade in Beijing commemorated the victory in World War II, showcasing the might of the People’s Liberation Army. World leaders witnessed the parade of tanks and missiles, while Trump criticized Xi and Putin and Kim Jong Un attended, evidencing the shift in tone and authoritarian alliances. The parade highlighted China’s military modernization and its ambition to lead a new world order.
The Earned Income Tax Credit (EITC) turned 50 and helps 30 million low-income working families with $80 billion annually. Experts examined its impact and future, including labor force participation and its expansion to childless workers.
The 80th UN General Assembly focuses on Africa and its development. Cristina Duarte, UN Special Adviser for Africa, highlights the importance of African policymakers engaging in global politics due to globalization and the involvement of international financial and trade systems in Africa. She also highlights the positive impact of her 10 years as Minister of Finance and Planning in Cape Verde during the financial crisis.
The Washington Post revealed a US plan to transform Gaza into a tourist and manufacturing zone under US control for 10 years, temporarily relocating its inhabitants with compensation, with the goal of defeating Hamas and countering the Palestinian recognition initiative at the UN. The US withdrew visas from Palestinian officials to not reward terrorism. Israel could take administrative control in parts of the West Bank, nullifying the possibility of a Palestinian state. A humanitarian flotilla is heading to Gaza, defying the Israeli blockade. The situation in Gaza remains desperate.
The Constitutional Court of Thailand ousted Prime Minister Paetongtarn Shinawatra, deepening the crisis with its leader of Indonesia.
