In the new installment of El American’s Mid-Week Update, the space dedicated to refreshing the most relevant news of the week, we discuss the protests against Joe Biden’s vaccine mandate, Tesla, the preparation of an attack by the Islamic State, Hong Kong and new details about the accident involving Alec Baldwin.
There were protests against President Biden’s vaccination mandate continue in several cities across the country. In New York, thousands of police officers and firefighters marched over the Brooklyn Bridge to demonstrate against the measure. The initiative covers at least 50,000 workers and comes on the heels of similar implementations for health care and education employees. Those who do not comply with the mandate will be furloughed, without pay, starting this Monday, November 1.
Meanwhile, the Cuban community in Miami is preparing for a large demonstration on November 15 in support of the protests to be held on the island that same day. The march will demand respect for human rights, the release of political prisoners and the solution of differences through democratic and peaceful means.
Also discussed in the Mid-Week Update was that U.S. intelligence warned that the Islamic State in Afghanistan could have the capability to attack the country in just six months. It further assured that it intends to do so, a senior Pentagon official told Congress.
Mid-Week Update and economy
In economics, Tesla surpassed $1 million in market value after securing the largest order in its history through car rental company Hertz. Tesla shares rose as much as 14.9 %; this makes it the most valuable automaker in the world. Recall that Tesla did not offer per-unit discounts.
The Acton Institute, CEMA University, and El American held a seminar with leading economists, Daniel Lacalle, Nicolás Cachanosky, and Ignacio de Posadas, to discuss the return of inflation to the United States and the world.
Lacalle stated that the first phase of the monetary madness is to deny inflation; the second is to say that it is transitory; the third is to blame businessmen; the fourth is to blame consumers; the fifth is price controls. During the event, Cachanosky explained that his main concern is that the FED is losing independence, it is becoming more political in tone and decisions are being politicized.
Finally, Hong Kong’s legislature passed a new film censorship law last Wednesday to safeguard national security. China last year extended this law to its most troubled territory. There are no opposition legislators left in Hong Kong’s Legislative Assembly after mass resignations from the pro-democracy camp in protest against the expulsion of some of its members.
These are some of the highlights of this week’s news in El American, for more, you can visit our YouTube channel. Remember that every week there is a new installment of Mid-Week Update with the most relevant news of the past days.