Tuesday, October 21

Headlines



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US and Australia make rare earths deal to counter China. With China clamping down on the export of rare earth minerals needed to make electronics amid the trade war, President Trump and Australian Prime Minister Anthony Albanese signed an agreement—which the White House described as a “framework”—with plans for projects worth up to $8.5 billion combined. It calls for each country to invest $1 billion in some of those projects within the next six months. But China still dominates, currently controlling 70% of rare earths mining and 90% of the processing, and access to them will likely be a big part of the discussion when Trump meets with China’s Xi Jinping next week.

Trump can send the National Guard to Portland, appeals court rules. Overturning a lower court’s ruling barring the president from deploying National Guard troops to Portland, OR, the Court of Appeals for the Ninth Circuit issued a 2-1 ruling yesterday that the president had likely “lawfully exercised his statutory authority.” The lower court judge had found that President Trump’s justification that Portland was like a war zone, so troops needed to be sent to quell protests at an ICE facility, was “untethered to the facts,” but the appeals court majority said that the administration’s view was entitled to more deference. The dissenting judge, however, called that both “absurd” and unconstitutional. However, a second lower court order continues to prevent Trump from sending troops for now.

Disney streamer unsubscribes doubled amid Kimmel suspension. The numbers are out, and it looks like Disney+ and Hulu took a big hit in September when Disney yanked Jimmy Kimmel off the air over comments he made about Charlie Kirk’s murder. Subscription-analytics company Antenna found that Disney+ cancellations doubled in September to 8% from 4% in August, while Hulu defections spiked to 10% from 5%—with some 3 million subscribers ditching Disney+ and 4.1 million cancelling Hulu. That’s an unusually big change for streaming services, whose cancellation rates are usually pretty steady. Ratings for Jimmy Kimmel Live! have been up since the host’s return.—AR


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