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Thursday, April 2, 2026

The DSA Is Following the Soros Playbook

 Americans pay too little attention to local politics. A decade ago, progressive billionaire George Soros took advantage of this fact, pouring millions into local races to get progressive district attorneys elected across the country.

Now, the increasingly radical Democratic Socialists of America (DSA) has adopted the Soros strategy. Rather than supporting candidates at the national level, the organization increasingly focuses on small, local elections. Races for city councils, state assemblies, and state senates often get scarce media attention but represent real opportunities for power that the DSA is increasingly seizing.

The Soros model is well known. In 2016, Soros spent $3 million in local district attorney elections across six states. Soros-funded DAs won in both small and large cities, and 126 have held public office at various points. By 2024, at least 30 percent of Americans lived under the jurisdiction of a Soros-funded prosecutor.

These progressive DAs have transformed the criminal justice systems they oversee. Many have refused to prosecute minor offenses, eliminated cash bail, and reduced the use of sentencing enhancements like “three strikes” provisions. Some of the most aggressive have been turned out of office following significant increases in crime.

Now, the DSA is pursuing a similar political strategy. Its efforts started with the growth of local chapters. Prior to 2016, DSA membership in the United States hovered at around 5,000. By 2021, that number had ballooned to almost 78,000.

Bernie Sanders’s 2016 presidential campaign, the first election of Donald Trump, and the 2020 George Floyd riots all contributed to the new socialist fervor. Almost 97 percent of the current DSA membership joined after 2016.

But the DSA also attributes its recent growth to “qualitative shifts in how we organize and relate to each other.” The DSA currently has 225 chapters nationwide, each with its own recruitment, retention, training, and mentorship strategies. Highly organized and coordinated chapters in key areas of the country have helped drive the membership boom.

In 2017, amid the surge in membership, DSA delegates to the group’s national convention voted to prioritize elections going forward. “Now is the time for every DSA chapter to start recruiting candidates for local office,” wrote DSA coordinator Amelia Dornbush on the DSA’s official blog the following year. “When DSA-backed candidates do win elections, they can make big changes in people’s lives.”

The group has followed through. Besides the highly visible Zohran Mamdani, DSA candidates hold approximately 250 local political positions across the 50 states. That includes 96 city councilors and county commissioners, in addition to eight mayors, county executives, and town supervisors.

There are more to come. In New York City, ten DSA-endorsed candidates are running for Congress, the state assembly, or the state senate in upcoming elections. Progressives like Aber Kawas, David Orkin, and Illapa Sairitupac are determined to entrench DSA policies on immigration, housing, health care, and other issues in New York politics. In February’s special election to fill Mamdani’s vacant state assembly seat, all three candidates on the ballot were DSA members.

Outside Gotham, DSA-aligned candidates are steadily building a national bench. In Washington, D.C., DSA-endorsed Janeese Lewis George is running for mayor to replace Muriel Bowser, promising to “side with working people to make DC safe and affordable.” In Los Angeles, multiple DSA–LA members are vying for city council seats.

The Mamdani administration’s first few months in office reveal the potential consequences of DSA’s growing power. The city council has so far blocked some of the worst of the mayor’s agenda, like his promise to hike property taxes citywide. With a majority-DSA city council, Mamdani would be able to raise taxes tomorrow.

Electing more DSA candidates to office would translate into easier and broader implementation of similar policies pushed by the group: even higher taxes on top earners (an already disastrous experiment in California), expanded environmental regulations that may come at the expense of blue-collar employment, reduced funding for policing, the expansion of sanctuary policies, and further efforts at decarceration. It would also likely include additional “affordable housing” measures that risk constraining supply and increasing overall market costs. In effect, without meaningful checks, these policies could compound and place significant strain on the city’s fiscal and economic stability, while also contributing to a broader cultural shift that cultivates contempt for capitalism and American exceptionalism—positions associated with the DSA.

The Soros-funded DA movement shows how vital local elections are. We ignore it at our peril.

Regeneron Gets FDA OK for Extended Eylea HD Dosing

 Regeneron Pharmaceuticals has won Food and Drug Administration approval of extended dosing intervals of up to every 20 weeks for its Eylea HD eye drug.

Regeneron on Thursday said the extended dosing covers patients with wet age-related macular degeneration and diabetic macular edema following one year of successful response based on visual and anatomic outcomes.

The Tarrytown, N.Y., biotechnology company said the new dosing regimen allows patients to be treated as infrequently as two to three times a year, further extending the widest range of dosing intervals of any approved injectable anti-vascular endothelial growth factor, or anti-VEGF, therapy.

Eylea HD generated U.S. sales of nearly $1.64 billion last year.

Regeneron, which develops the Eylea franchise with Germany's Bayer, maintains exclusive rights to the products in the U.S., while Bayer has licensed the exclusive marketing rights outside the U.S., where the companies equally split profits from sales.

https://www.morningstar.com/news/dow-jones/202604026037/regeneron-gets-fda-ok-for-extended-eylea-hd-dosing

Israel says it eliminated Iranian military oil HQ chief

 The Israel Defense Forces (IDF) claimed on Thursday that it eliminated Jamshid Eshaghi, the commander of the Iranian military's oil headquarters.

In a post on social media, the IDF insisted that Eshaghi was in charge of running the sector that organizes the military's oil supplies, managing the finances of the ballistic missile production, and allocating funds for Iran's proxies, such as Hezbollah.

Moreover, the IDF said it struck the IRGC's central financial headquarters in Tehran, which was used for managing funds for proxies.

https://breakingthenews.net/Article/Israel-says-it-eliminated-Iranian-military-oil-HQ-chief/66008143

Gulf States Considering Network Of New Pipelines To Bypass Strait Of Hormuz

 One month ago, at the start of the war, we said it was surprising that UAE's oil export terminal of Fujairah was not a bigger terminal as it bypasses the Straits completely, and predicted a "major infrastructure push here after the war."

Couple that with the latest news that the Saudi East-West pipeline is now running at capacity of roughly 7mmb/d (including non-oil products), and one can see the urgency gripping the Gulf in finding alternatives to the Strait of Hormuz which has emerged as Iran's biggest source of leverage in the war.

And that's just the start.

Confirming our observation from a month ago, the FT writes today that the threat of open-ended Iranian control over the Strait of Hormuz is pushing Gulf countries to revisit costly plans for pipelines to bypass the choke point so they can continue to export oil and gas.

According to officials and industry executives, new pipelines may be the only way to reduce Gulf countries’ enduring vulnerability to disruption in the strait, even though such projects would be expensive, politically complex and take years to complete.

We have already discussed the 1200km East-West pipeline: the war has underscored the strategic value of this Hormuz bypass. Built in the 1980s after fears that the Iran-Iraq “tanker war” would close the strait, it is now a key lifeline, delivering 7mn barrels of oil a day to the Red Sea port of Yanbu, bypassing Hormuz entirely. 

“In hindsight the East-West pipeline looks like a genius masterstroke,” said one senior Gulf energy executive. 

Amin Nasser, chief executive of Saudi’s state-run oil giant Aramco, told analysts last month that the pipeline is the “main route that we are capitalizing on right now”. 

Now, the kingdom is considering how it can export more of its 10.2mn barrels of daily production by pipeline, rather than through Iranian-controlled waters. This includes examining whether it should expand the capacity of the East-West pipeline further or build new routes. According to the FT. previous plans for pipelines across the region have repeatedly stalled, undone by high costs and complexity. But Maisoon Kafafy, a senior adviser to the Atlantic Council’s Middle East programs, said the mood in the Gulf has now changed. 

“I’m sensing a shift from hypotheticals into operational reality,” she said. “Everyone is looking at the same map and they are drawing the same conclusions.”

To eliminate the threat of centralized "points of failure", rather than individual projects, the most resilient option “is not a single alternative pipeline but rather a network, a web of corridors”, said Kafafy, although she added that it would also be the hardest to achieve.

In the longer term, any new pipelines are likely to form part of trade routes through which a wider range of goods beyond oil and gas can flow. One option is the revival of US-led plans for an ambitious corridor that would run from India through the Gulf and then to Europe, called IMEC, one Gulf official said, although part of this project originally included a politically tricky pipeline that ran to the Israeli port of Haifa. 

Yossi Abu, the chief executive of Israeli company NewMed Energy, said he was confident that pipelines to the Mediterranean Sea would be built, whether they terminated at Israeli or Egyptian ports.

“People need to control their own destinies, with their friends,” he said. “You need oil pipelines, railway connectivity, throughout the region, onshore, without giving others bottlenecks to choke us.” 

A push for more bypasses means bumper revenues for local contruction companies. Christopher Bush, the CEO of Cat Group, the private Lebanese company that was one of the main builders of Saudi’s East-West pipeline, said there was plenty of interest in new projects even before the war began. “We have had inquiries about various different pipelines,” he said. “I have multiple different presentations on my desk.” 

But the obstacles remain immense, he added. The cost of replicating the East-West pipeline today, which involved blasting through the hard basalt of the Hijaz mountain on Saudi’s Red Sea coast, would be at least $5bn, Bush estimated. Proposals for more complicated multi-country routes from Iraq through Jordan, Syria or Turkey would cost $15bn to $20bn. “It has been looked at. There are even front-end engineering studies for [such routes from] Iraq. There is an opportunity that has been discussed,” he said.

But security risks include “a lot” of unexploded bombs in Iraq and the continuing presence of Isis or other militants. Pipelines running south to ports in Oman would also face the difficulty of passing through both desert and hard-rock mountains, Bush warned. Ports in Oman are not immune from Iranian security threats. Drone attacks on the key port of Salalah in recent days forced it to shut temporarily.

Political challenges also include who will operate the pipeline and control the flow. A network of pipelines would require Gulf countries “to abandon their individualist policies and combine. It was always deemed cheaper and safer to bring a ship, load a ship and sail a ship,” Bush added.

In the near term, the most viable options may be to expand the East-West pipeline and also Abu Dhabi’s existing route to Fujairah, just as we suggested weeks ago. This would increase capacity without the complications of new cross-border infrastructure.

Saudi Arabia could also develop additional export terminals on its Red Sea coast, including at the deepwater port being built for the Neom project. “I am sure they are looking at it as a possibility,” said Bush. “You have a lot of smart minds looking at all of this now. It is a big problem.” 

One senior energy executive said Abu Dhabi had “always had a plan B for a second pipeline to Fujairah”. But they added that no decisions are likely to be made until the long-term status of the Strait of Hormuz becomes clear.

Kafafy agreed that Gulf states will take a while to assess the situation with the waterway, but said they now recognise that the scale of the current energy crisis demands a new way of thinking. “The conversations have moved further along the chain,” she said. “I do not expect [the status quo] to return to where it was pre-conflict.”

https://www.zerohedge.com/energy/gulf-states-considering-network-new-pipeliness-bypass-strait-hormuz

FDA grants Fast Track to Context Therapeutics (CNTX) CTIM-76 in platinum-resistant ovarian cancer



Context Therapeutics Inc. reported that the FDA has granted Fast Track designation to CTIM-76, its investigational Claudin 6 x CD3 T cell engaging bispecific antibody, for treating platinum-resistant ovarian cancer in patients who have received all standard therapies.

CTIM-76 is being studied in a Phase 1 clinical trial in CLDN6-positive advanced or metastatic ovarian, endometrial and testicular cancers, assessing safety, tolerability, pharmacokinetics and anti-tumor activity. The company expects interim Phase 1a data for CTIM-76 in June 2026, highlighting a near-term clinical milestone for this program.

Grifols’ Canadian License Restricted After Plasma Donor Deaths

 


Spanish drugmaker Grifols SA is facing restrictions on its Canadian license to collect blood products following the deaths of two patients who made plasma donations in the country.

Health Canada, which oversees health policy, cited “recurring, systemic deficiencies across several sites” as the reason for placing terms and conditions on Grifols’ blood establishment license. The regulator also issued non-compliance ratings to Grifols’ Canadian head office and collection sites in Calgary and Regina, Saskatchewan.

'CNBC: Trump said to plan 100% tariffs for imported drugs'

 The Trump administration has drafted an order that would place a 100% tariff on imports of patented medications and their active ingredients, CNBC reported on Thursday.

The levies would apply to pharmaceutical companies that have not reached most-favored-nation agreements with the US or that are not negotiating with the government to lower medicine prices in the country.

Although the proposal is not final, the outlet noted that the tariffs might be revealed as early as Thursday. Since November, over a dozen major pharmaceutical companies, including Novo NordiskPfizer, and Eli Lilly, have signed agreements with US President Donald Trump to reduce the cost of both new and existing drugs.

https://breakingthenews.net/Article/Trump-said-to-plan-100-tariffs-for-imported-drugs/66007596