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London moves to ban Al Quds Day march as Iran war hits day 12; EU crisis playbook, Georgia runoff, browned-butter craze, Barclays stranded-asset warning, and Trump tax talk amid March 11 milestones
Government approves Metropolitan Police request to ban Al Quds Day march in London
The government has approved a request from the Metropolitan Police to ban the Al Quds Day march that was scheduled to take place in London on Sunday.
Israel strikes targets in Lebanon as Gulf states report intercepted drones on day 12 of the Iran war
Israel says it carried out multiple strikes across Lebanon, including in Beirut, targeting what it described as Hezbollah infrastructure early Wednesday. On the war’s 12th day, Qatar, Saudi Arabia and other Gulf states reported drone attacks that were intercepted.
Browned Butter Is Gaining Popularity in Food Trends
Amid emerging food trends like cabbage, baked potatoes, and bold “fricy” flavours, browned butter—known in French cooking as beurre noisette—is getting increased attention. The technique involves melting butter and cooking it until it turns brown, developing a nutty, toasted aroma and a caramelised, savoury flavour that’s showing up in recipes ranging from brown butter ice cream to brown butter cinnamon roll focaccia.
Georgia’s 14th District special election heads to runoff after no candidate wins a majority
Voters in northwest Georgia will return to the polls April 7 after a crowded, nonpartisan special election to replace former Rep. Marjorie Taylor Greene produced no majority winner. Democrat Shawn Harris led with about 37% and will face Republican Clay Fuller, who took roughly 35%, in a runoff. Harris reported the largest fundraising haul at about $4.3 million, while Fuller—an Air National Guard officer and district attorney endorsed by Donald Trump—raised about $787,000. The heavily Republican district spans 10 counties along the Alabama and Tennessee borders, and the runoff winner will serve the remainder of the term.
How the EU protects people and the economy during war and crises
focuses on how the Israel–US–Iran war is affecting Europeans overseas and raising risks to the EU’s energy security and broader economy, and outlines the crisis measures Brussels is activating in response.
Notable birthdays on March 11 include LeToya Luckett and Johnny Knoxville
March 11 birthdays include musician LeToya Luckett, who turns 56, and actor Johnny Knoxville, who turns 55.
On March 11, 2018, China’s legislature removed presidential term limits
On March 11, 2018, China’s national legislature voted almost unanimously to amend the Constitution, formally eliminating presidential term limits.
Barclays Warns of Stranded-Asset Risks in Renewable Energy
Barclays is warning that some renewable energy investments may face stranded-asset risks, challenging prior claims that fossil fuels would become stranded. The details also argue that fossil fuels are currently performing strongly while renewables may be more vulnerable to losing value.
Grover Norquist Says Trump Could End Capital Gains Taxes on Inflation-Driven Gains
Americans for Tax Reform President Grover Norquist argues that inflation reduces purchasing power and then leads to higher capital gains taxes by inflating asset prices without increasing real value. He says the Trump administration, through the Treasury Department, could stop taxing inflationary “gains” by indexing capital gains cost basis to inflation, which he claims would help homeowners, retirees, and others selling homes, businesses, farms, or investments. Norquist cites support from conservative groups and letters from Sens. Ted Cruz and Tim Scott urging Treasury action to eliminate what they call an unfair inflation tax.
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