🚨 Snail Mail – May 29 2025

*Stock data as of market close, cryptocurrency data as of 5:00 AM.

Lead: A Palestinian State

Last year, Spain, Norway, Slovenia and Ireland were condemned for formally recognizing Palestine. Since then, Israel has rained down absolute torture on Palestinian civilians and now other European countries are poised to follow suit.

In just a few weeks, France and Saudi Arabia will co-host a United Nations summit in New York, to advance the recognition of a Palestinian state and to reinvigorate efforts toward a two-state solution to the Israeli-Palestinian conflict. Belgium, Portugal, and Luxembourg are also expected to participate. The U.S. is not a party to this but it has not opposed it enough either, which is reportedly making Israel nervous.

Most of the world recognizes Palestine. The only holdouts are Western nations and Israel is rapidly losing its favor.

This is all symbolic though. Germany has announced an end to weapons shipments to Israel but the U.S. has not. The United Nations has passed votes for a ceasefire from Israel many times but they don’t have to honor it.

US special envoy to the Mideast Steve Witkoff has indicated once again that a ceasefire may be within reach. He said on Wednesday that he has “very good feelings” about the chances for reaching a temporary ceasefire and hostage deal that could lead to a long-term resolution to the conflict in Gaza.

He may have good feelings but Israeli officials don’t, according to The Times of Israel.

“An unnamed Israeli official quickly dismissed Hamas’s claim of an agreement with the US, calling the statement ‘psychological warfare’ and ‘propaganda.'”

Prime Minister Benjamin Netanyahu said that any ceasefire deal will be temporary.

Elon Musk Departs DOGE

Photo credit: JIM WATSON

Elon Musk has ended his time in the Trump administration. On Wednesday, he posted this:

“As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending. The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government.”

He did say that his time in the federal government would be temporary but what could really be done in just four months? Did he create a legacy in DOGE that can function without him?

DOGE has announced cut after cut to small government projects but Republicans are working to tack on new ones with the Big Beautiful Bill.

Trump advisor Stephen Miller says that the DOGE “work has only just begun.”

As of May 2025, the U.S. national debt reached an all-time high of $36 trillion but the DOGE clock of money saved is just under $500 billion, or $4,315 per taxpayer.

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Tariffs Blocked

Photo credit: Deadline

The U.S. Court of International Trade struck down President Trump’s use of emergency executive powers to impose tariffs on nearly all imports.

This comes as the President was asked about the acronym TACO in terms of tariffs. It means: Trump Always Chickens Out. It pissed him off.

“You ask a nasty question like that. It’s called negotiation. You set a number… if I set a number at a ridiculously high, I go down a little bit, they want me to hold that number. 145% tariff.” Trump said that “we were doing no business because of the tariff, because it was so high. I knew that. But don’t ever say what you said. That’s a nasty question.”

Well, he isn’t chickening out, he’s being blocked by a court that ruled that he cannot use the International Emergency Economic Powers Act (IEEPA) to implement tariffs.

The federal government will most likely appeal the ruling and ask for a stay to keep the tariffs in place. If the ruling stands, it would curtail executive power significantly, requiring a clearer Congressional mandate before future tariffs can be imposed under emergency declarations.

News By The Numbers

Photo credit: The Manual

21. That is how many robots ran a half marathon alongside 12,000 humans recently at the Humanoid Robot Half-Marathon. Not all of the robots could finish the race but one did in 2 hours and 40 minutes.

10. That is how many days of palindrome dates we will get in May, which means the dates are the same when written forwards and backwards but only in the American convention of date writing.

16. That is the age of Charlie Woods, son of famous golfer Tiger Woods. He won his first career American Junior Golf Association tournament on Wednesday, the TaylorMade Invitational. His father won his first AJGA tournament at the age of 13.

Ceasefire Talks in Istanbul…Again

Photo credit: NBC News

Another round of peace talks between Russia and Ukraine will happen in Istanbul next Monday, June 2.

Ukraine says that it has “formally submitted its ceasefire terms to Russia. Ukrainian Defense Minister Rustem Umerov said that Russia has not responded with its own terms but emphasized that Ukraine is ready for an “unconditional ceasefire.””

Russian Foreign Minister Sergey Lavrov seems just as weary with this process as the rest of us. He expressed hope that “all those who are sincerely interested in the success of the peace process, and not merely paying lip service to it, will support the new round of Istanbul direct Russia-Ukraine negotiations.”

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