πΈ Dollar rose due to U.S. bond yield increase and upcoming presidential election
π Euro and sterling weakened against the dollar
π―π΅ Yen weakened against the dollar
π Economic divergence between U.S. and Europe impacting currency moves
π Trump’s improving odds in the election are supporting the dollar
πΉ The U.S. dollar rose due to a rise in U.S. bond yields and expectations of fast rates if Trump wins
Impact of U.S. Elections:
π³ Market focus on corporate earnings and U.S. election, Japan’s general election on Oct. 27
π³ Polls favoring Trump are boosting the dollar, as his policies are seen keeping U.S. interest rates high
Cryptocurrency News:
π Bitcoin rose with expectations of softer cryptocurrency regulation under Trump administration
π Bitcoin is up as Trump’s better prospects are viewed positively for cryptocurrency regulation
Sectarianism and Identity Politics:
π¬ Sectarianism can be understood as either fixed communal categories or a set of social practices.
π Sectarianism is often not purely "religious" or "political", but rather complex and multi-faceted.
π The term "sectarianism" has been critiqued for being too ambiguous and simplifying complex conflicts.
π‘οΈ Scholars differentiate between "sectarianism" (antipathy between groups) and "sectarianization" (mobilization of identity markers for political goals).
π€ Intersectionality is increasingly important in understanding how factors like gender, ethnicity, and social status intersect with sectarian identity.
π₯ Authoritarian regimes have been known to exploit sectarian identities to maintain power and control.
π Scholars study sectarian discourses through approaches like primordialism, instrumentalism, and constructivism.
π Sectarian tensions have historical roots that have influenced conflicts and shaping societies in various regions like Ireland, the Middle East, and Yemen.
βοΈ Sectarianism in conflicts like in Syria or Yemen has complex socio-political, historical, and external factors at play that go beyond religious divides.
πΈπ¦ Saudi Arabia’s treatment and discrimination of its Shi’ite population is a notable example of sectarianism.
π±π§ Lebanon’s political system is built on sectarian lines and has deep historical roots.