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Iran's foreign minister announced the Strait of Hormuz is open for commercial traffic for the remaining period of the Israel-Lebanon ceasefire, and President Trump thanked Iran and expressed optimism about a deal.
Krystal argues the backlash from billionaires like Linda Yaccarino and Donald Trump to the pied-à-terre tax proves its political effectiveness. She says the tax is a tiny burden for the ultra-wealthy but a potent symbolic victory for Mamdani.
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