Tuesday, November 30, 2021

🥁 Axios PM: High school tragedy

Plus: Cramping crypto | Tuesday, November 30, 2021
 
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Axios PM
By Mike Allen ·Nov 30, 2021

Today's PM — edited by Justin Green — is 490 words, a 2-minute read.

 
 
1 big thing: High school tragedy

Screenshot: CBSN

 

Three people are dead and six wounded after a shooting at a high school in Oxford, Michigan, north of Detroit.

  • A 15-year-old suspect reportedly used a handgun to fire 15–20 rounds in the attack and is now in police custody, according to the Detroit Free Press.

The suspect is believed to have acted alone, said Oakland County Undersheriff Michael G. McCabe.

  • "Deputies confronted him, he had the weapon on him, they took him into custody," McCabe said.

Students told reporters that they learned of the active shooter via a voice on the intercom, the Free Press reports.

  • "At first, they said, they didn't know whether it was a drill."
  • "[W]hen they realized it wasn't, they were struck by fear."

What's next: McCabe said investigators would be looking through the suspect's social media posts for any evidence of a possible motive, AP reports.

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2. Cramping crypto
Illustration of a pixelated world map overtop an image of a bitcoin pattern.

Illustration: Megan Robinson/Axios

 

Crypto is now large enough for some of the world's biggest governments to try to quash, notes Axios Capital author Felix Salmon.

Why it matters: The crypto world is global — but the real world is fragmented into nation-states.

The big picture: The world's largest crypto exchange Binance recently came out with a list of 10 "fundamental rights for crypto users":

  • "Every human being should have access to financial tools, like crypto, that allow for greater economic independence."
  • "Crypto users deserve safe access to emerging technologies and practices, including NFTs, stablecoins, staking, yield-farming, and more."

The bottom line: None of this is likely to be true anytime soon for billions of people who live in China, India or many other countries.

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3. Catch up quick

Screenshot: CNN

 
  1. Former White House chief of staff Mark Meadows is cooperating with the House select committee in charge of investigating the Jan. 6 Capitol insurrection and will "soon appear for an initial deposition," said committee Chair Bennie Thompson (D-Miss.)
  2. Dutch health officials discovered two cases of the new Omicron variant in the country dating back to Nov. 19 and Nov. 23, days before the variant's detection was announced by South African scientists. Go deeper.
  3. The Fed will consider pulling back economic support sooner "as the threat of persistently high inflation has grown," chair Jerome Powell told Congress. Go deeper.
  4. "Didn't get a lot of stuff done": Chris Christie sharply criticized former President Trump's administration in a "Ruthless" podcast interview. Go deeper.
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4. Rihanna named national hero
Rihanna Fenty is honored by Barbados President Dame Sandra Mason at Golden Square Freedom Park in Bridgetown, Barbados. Photo: Randy Brooks via Getty Images

As Barbados bade farewell to Queen Elizabeth II as head of state and celebrated becoming a republic, it also named its first national hero in 20 years, AP reports.

  • "On behalf of a grateful nation, but an even prouder people, we therefore present to you the designee for national hero of Barbados, Ambassador Robyn Rihanna Fenty," said Prime Minister Mia Mottley.
  • "May you continue to shine like a diamond and bring honor to your nation by your words, by your actions, and to do credit wherever you shall go."
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