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New York City mayor charged with corruption

There may be eight million stories in the naked city, but right now, everyone in New York is talking about just one. The US Justice Department on Thursday unsealed five criminal charges against Mayor Eric Adams, accusing him of wire fraud, bribery, and accepting illegal foreign campaign donations.
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Trump's NYC hush-money trial: What to watch for
Trump hush-money trial: What to watch out for | GZERO US Politics

Trump's NYC hush-money trial: What to watch for

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC, shares his perspective on US politics.

This is what we are watching in US Politics this week: Trump's trials.

Former President Trump faces or faced six civil or criminal actions against him in 2024, an election year. Two of which, civil finds that he was already found liable for. He's had to pay significant sums of money. Two of which, a case in Georgia and one in Florida, are very unlikely to start in this year, and one of which could start later this summer, this federal trial against Trump for election interference in Washington, DC. The final trial is set to begin next week. A trial in Manhattan for business records frauds related to hush money payments he made to a woman he was having an affair with before the 2016 election.

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“Everything is political” is personal: the NYC migrant crisis

“Do you know,” Jhon asked me, shivering slightly in the lengthening afternoon shadows of New York’s Penn Station, “do you know if we can stay here – in America?”

Jhon is a wiry 42-year-old construction worker who fled Ecuador a month ago with his wife and four children. The recent surge of narco-violence there had gotten so bad, he said, that the local school switched to virtual classes for the safety of the students and their parents.

Now, after a trying journey by foot, boat, bus, and train, he was standing in the middle of New York City, bewildered but hopeful.

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New York City Mayor Eric Adams

REUTERS/Karen Toro

NYC mayor in hot water over Turkey

The mayor of America’s largest city is now ensnared in a scandal involving one of America’s ficklest allies.

Federal agents are currently investigating whether New York Mayor Eric Adams’ campaign violated financing rules during his 2021 run for office – the feds are reportedly focusing on alleged contributions from a Turkish-owned construction company.

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US global power intact, as is NYC; Trump's RNC & tight US election
US & NYC Will Thrive; Trump's RNC & Tight 2020 Election; COVID in the US | Quick Take | GZERO Media

US global power intact, as is NYC; Trump's RNC & tight US election

Watch Ian Bremmer's Quick Take:

When I look at the United States, it is certainly true that our ability to lead by example, our ability to say, the Belarus elections are rigged is hard because, you know, we're claiming that our own elections may well be rigged. So, it's harder to lead by example. And we aren't as happy with our institutions. And the post office is having problems, some self-inflicted, in delivering mail. And when you see, you know, 8,000 chicks being sent to a farmer in Maine, and they all show up and they're dead, you're like, "what the hell?" I mean, it's like the DMV, the US Postal System. We should be able to fix that. And the American dream doesn't apply to a lot of Americans in the way that it did 20, 30, 50 years ago. Inequalities, much more structural. All these things are true. But the idea that the US is in inextricable decline just flies on its face against realities of the country.

A few examples: The relevance of the US dollar, its strength is uncontested. There's nothing else close. The Eurozone is getting weaker. And the Chinese are not moving towards internationalizing and floating the RMB. The Japanese yen, certainly not. So, the willingness of international investors to continue to pile money into the United States has been undaunted and undiminished by everything we've seen in the past years, whether you talk about the financial crisis or more recently, the Trump election or most recently the pandemic. The pandemic tells you that the most important companies out there are the tech companies. Brick and mortar are really going to get hurt. And there are a lot of Americans that are getting hurt on the back of that, and particularly a lot of poorer Americans, particularly a lot of minorities in the United States who are getting hurt the hardest. By the way, that's true in all the other major advanced industrial democracies, too.

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