The News with Paul DeRienzo

041026 Peace Talks, Make It or Break It, Kamala again, Inflation and Austerity, Mamdani +100

·5 min
The episode opens with the Iranian delegation arriving in Islamabad for peace talks with U.S. negotiators led by Vice President J.D. Vance. The U.S. demands full access to the Strait of Hormuz, while Iran reportedly wants to charge tolls and restrict access to friendly countries. Pakistan's Prime Minister Shabazz Sharif says Saturday's talks are make-or-break for a permanent ceasefire. Meanwhile, Israel continues attacks on Lebanon, killing 357 people according to Beirut. British Prime Minister Keir Starmer visits Doha and criticizes President Trump's rhetoric about destroying Iran. Kamala Harris teases another presidential run in 2028 during a discussion with Reverend Al Sharpton at the National Action Network Convention. Other potential Democratic candidates like Pennsylvania Governor Josh Shapiro and Pete Buttigieg attended. The Iran war triggers a global energy shock, sending U.S. prices soaring with inflation over 1% last month. Economist Jack Rasmus, author of "Twilight of American Imperialism," says inflation statistics can't be trusted and reveals real U.S. defense spending exceeds $2 trillion annually. He criticizes Trump's proposed $400 billion increase and tax cuts, predicting austerity measures. NYC Mayor Zoran Mamdani marks 100 days in office with plans to make childcare free, freeze rents, and eliminate bus fares. He breaks ground on bus lane improvements near Yankee Stadium, emphasizing affordability for working-class New Yorkers.
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