The Trump administration’s proposals for peace in Ukraine sound like a real estate deal, where the United States gets a payoff for handing over Ukrainian land. But with Kyiv’s leverage shrinking, the country may be forced to swallow a grim deal.

New York City’s Forgotten Public Bank Plan

In 1975, Wall Street declared war on New York, sending the city into a fiscal crisis. A forgotten public banking proposal in the state assembly could have stopped it — and put both the city and the country on the path to socialized finance.

Liberal Zionism Is an Inherent Contradiction

Despite the inherent contradiction between liberalism and extreme ethnic nationalism, many people still refer to themselves as “liberal Zionists.” But when liberal principles come under attack by Israel, they’re nowhere to be found.

ICE Is Expanding Its Detention Capacity

Immigration and Customs Enforcement signed a $30 million contract last week that moves to convert vacant warehouses into mega detention centers, increasing capacity in the Trump administration’s push to supercharge deportations.

How Marine Le Pen Seduced Corporate France

Emmanuel Macron has been a president for the rich, but his faltering support has also left big business unsure if it can rely on his party. For many French capitalists, the answer is to build up ties with Marine Le Pen’s far-right Rassemblement National.

Last night in Brooklyn, after his win in New York’s mayoral race, Zohran Mamdani gave a victory speech that quoted Eugene Debs, directly challenged Donald Trump, and laid out a vision for a New York City transformed. We reprint it here in full.

The Rise of Chile’s Hard Right

The first round of voting in Chile’s general election in November saw the shocking rise of the far right and the collapse of the country’s new left. It’s a crushing but not total defeat for the movement helmed by President Gabriel Boric.