Today's Primaries have all Eyes on them in New York, Florida, and Oklahoma. Here's what to Watch...
Uniic Media Newsletter - Tuesday - August 23, 2022
Multiple Letters from the National Archives don’t Help Trump’s Case
On May 12, the National Archives and Records Administration gave the FBI access to the documents returned from Donald Trump after leaving office in January 2021. According to Debra Wall, a National Archivist, she claimed the FBI “urgently” requested the release of the documents.
On May 10, a letter to Donald Trump’s legal team was sent explaining the findings of nearly 700 pages of classified documents. Some were labeled “special access program materials” Multiple letters cover the rejection from Debra Wall to give in to the requests of Donald Trump’s legal team in an attempt to shield the documents from the FBI.
Primary Tuesday: What to Expect
All eyes are on the primaries taking place today. New York will bear witness to two Democrats battling it out for a new seat due to redistricting. Florida will see who will challenge current Governor, Ron DeSantis, come November.
Here’s what to watch:
New York’s 10th Congressional District Democratic primary
New York’s 12th Congressional District Democratic primary
New York’s 19th Congressional District special election
New York’s 23rd Congressional District special election
Florida’s Democratic gubernatorial primary
Florida’s 7th Congressional District GOP primary
Florida’s 10th Congressional District Democratic primary
Florida’s 13th Congressional District GOP primary
Oklahoma Senate GOP primary runoff
Iran asks for Adjustments to Nuclear Proposal, but the United States has yet to Respond to it
The European Union offered its own proposal aimed to fix up the nuclear talks with Iran in order to save the nuclear deal from 2015. According to Josep Borrel, the EU’s Foreign Policy Chief, multiple countries involved agree with the proposal. He said, "Most of them agree, but I still don't have the answer from the United States, who I understand have to discuss it, and we expect during this week to receive an answer.”
He added that Iran has asked for a few subtle adjustments after nearly 16 months of negotiations between the United States and Iran indirectly. Five members of the United Nations Security Council have been involved and Germany has also been added.
Are Economic Troubles in China Easing?
Yesterday, the stock market was cut short of the continuation of its rally as the NASDAQ is currently down 5% after a spike of 25%. The S&P 500 is also down as it went through the worst day since June 16.
Outside of the stock market, Treasury Yields are on the rise considering the Fed may or may not change the course of its attempt to stomp out inflation. The curve following the treasury yields remains deeply inverted. The dollar is also at a 20-yar high when compared to the euro.
The issues that were mainstage for China seem to be dying out such as the droughts, Covid shutdowns, the struggling real estate sector, and the supply chain bottlenecks.
Donald Trump files Suit against the United States Government in Response to the FBI’s Raid on Mar-a-Lago
A suit against the United States Government has been filed by Donald Trump due to the FBI’s raid of his Mar-a-Lago home. Many claim the suit is strictly to inhibit agency officials from looking over the documents that were found in the home. In more detail, Donald Trump’s suit asked that there be a “special master” due to the FBI’s potential seizure of privileged materials.
Donald Trump’s suit also “requires the government to provide a more detailed receipt for the property; and … requires the government to return any item seized that was not within the scope of the search warrant.”