Welcome to America’s Newsletter from Tag The Flag, the best morning newsletter on the internet, bringing you nonpartisan news and every view of the Red, White, and Blue. Here’s what you need to know to start your day.
📌 BULLETIN BOARD
🦅 U.S. NEWS
Missouri could become the first state with zero abortion clinics. How did we get here?
Missouri could become the first state in America where no clinic provides abortions. Only one facility currently operates there. It is run by Planned Parenthood in St Louis, but its license expires today. Its fate is due to be decided by a court, which must consider whether an extension to its license is being “unlawfully” prevented by Missouri health officials investigating a patient complaint against Planned Parenthood. Big Picture: Illinois, next door to Missouri, should expect an influx of women at its clinics. Bucking the national trend, its Democrat-run legislature this week passed a law that enshrines sweeping abortion rights. Here’s how we got here. – Vox / Daily Caller / The Economist
Awash in marijuana, Oregon takes steps to curb production
Oregon is awash in pot, glutted with so much legal weed that if growing were to stop today, it could take more than six years by one estimate to smoke or eat it all. Why it matters: Now, the state is looking to curb production by denying new pot-growing licenses based on supply and demand. Basic Economics: Supply is running twice as high as demand, meaning that the surplus from last year’s harvest alone could amount to roughly 2.3 million pounds of marijuana. That’s the equivalent of over 1 billion joints. – AP
Live Free or (Don’t) Die: New Hampshire lawmakers repeal the death penalty with override of governor’s veto
New Hampshire is now the 21st U.S. state to have abolished capital punishment after its legislature voted to override a veto by Republican Gov. Chris Sununu. After a years-long effort to repeal the state’s death penalty, the state’s Senate voted 16-8 Thursday to finally make it official. Background: New Hampshire hasn’t executed anyone since 1939 but there is currently one prisoner on death row. Thursday’s vote does not apply retroactively, but death penalty supporters argued that courts would interpret the matter differently. – Fox News / NPR
🌎 WORLD NEWS
Trump to hit Mexico with 5% tariff in escalation of border clash
President Trump on Thursday said he would impose a 5 percent tariff on all goods entering the United States from Mexico beginning next month unless all illegal immigration is halted. The tariffs go into effect June 10 and then increase by 5 percent on the first day of each month, starting on July 1. Why it matters: Such tariffs, if enacted, would likely have an immediate and large impact on the U.S. economy. Tariffs are paid by U.S. companies that import products, and those costs are often passed along to consumers, meaning higher prices on products ranging from vehicles to vegetables for millions of Americans. – The Washington Post
North Korea’s Kim Jong Un carrying out purge after Hanoi summit collapse
North Korea executed Kim Hyok Chol, its special envoy to the United States, and foreign ministry officials who carried out working-level negotiations for the second U.S.-North Korea summit in February, holding them responsible for its collapse, a South Korean newspaper reported on Friday. Big picture: The North Korean leader is believed to be carrying out a massive purge to divert attention away from internal turmoil and discontent, the newspaper said. – Reuters
The enemy of my enemy is my friend: Japan & the Philippines
The Japanese prime minister, Shinzo Abe, and the Philippine president, Rodrigo Duterte, meet today in Tokyo to discuss efforts by China to assert its territorial claims offshore. Their countries are strategic allies: Japan contests Chinese ambitions in the East China Sea, while the Philippines contests those on the South China Sea. With that said, Mr Duterte has met the Chinese president, Xi Jinping, seven times. Big picture: Under President Rodrigo Duterte, the Philippines has pursued warmer ties with China. But the festering disputes in the South China Sea – with Beijing deploying hundreds of para-military vessels in the vicinity of Philippine-held land features, namely the strategic Thitu Island – has compelled his government to quietly upgrade security cooperation with its US treaty ally. – Asia Times
Uber’s First Earnings Report After I.P.O.: $1 Billion Loss
On Thursday, Uber released its first earnings report as a public company, which slightly topped Wall Street estimates, but still showed a loss that totaled more than $1 billion for the quarter. That’s the number that most headlines ran with, but to be fair the company did see double-digit gains in bookings by users that generated higher revenue. Meanwhile, Eats continues to be a revenue driver for Uber as well. The takeaway: investors still can’t get a handle on how soon (if ever) Uber will be a profitable company. – Yahoo Finance
Welcome to SoFi Stadium: $4.3 billion startup SoFi plans to buy the naming rights to Los Angeles’ new NFL stadium
Social Financial, the $4.3 billion personal money management startup, is reportedly planning to purchase the naming rights to Los Angeles’ new NFL stadium for $400 million. Comps: At a rate of $20 million per year, the deal is similar in structure to the agreement MetLife signed for the naming rights to the New York Giants and Jets stadium. Why it matters: On top of the regular season games, the NFL has already planned to bring the Super Bowl to Los Angeles in 2022, and the stadium will host the opening and closing ceremonies for the 2028 Olympics. – Business Insider
T-Series is the first YouTube channel to hit 100 million subscribers
Indian music and Bollywood major T-Series has been recognized by Guinness World Records as the world’s first YouTube channel to surpass 100 million subscribers. Big picture: T-Series beat Swedish internet celebrity PewDiePie’s five-year reign as the so-called “King of YouTube” after he became the first YouTuber to reach 50 million subscribers. For context: Pewdiepie told Forbes he made $15.5 million in 2018. – The Verge / Tech Wiser
📅 ON THIS DAY IN HISTORY
Yesterday’s top tag was from Westerville, Ohio where 3,000 eight-foot tall Flags stand in a field of Heroes honoring those who have lost their lives in service to the country. Take a look…
Partner: Display your patriotic pride with a stunning hand-carved wood flag from Oikos Design Co. These flags are handmade and family-built in Minnesota by a dad and kids team. They’re perfect for your front porch, man cave, fireplace mantle, barn or shop.
🇺🇸 TOP TAGS
Yesterday’s top tag was an awesome shot from this past weekend. Check it out…
How many countries currently have a military draft?