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New royals, new media

Megxit is Brexit all over again. That's the lesson from the explosive interview that future streaming stars Meghan Markle and her high-born husband gave to Oprah Winfrey on Sunday evening.

Why it matters: In Brexit, a group of old, white English people voted for the glories of an imagined past while rejecting a global, multicultural future. The main lesson of the interview is that the UK royal family, tied to a crumbling tabloid press, is behaving much the same way.

How it works: Prince Harry detailed the symbiotic relationship between the royal family and the UK tabloids. Meanwhile, a glowing Meghan and Harry, happily ensconced in Santa Barbara luxury, are doing deals with Netflix and Spotify estimated at $100 million and $25 million respectively.

  • The erstwhile royals might still be reliant on media companies — but the media companies they're reliant on are young, international, and much richer than the tabloids.
  • By the numbers: Netflix reaches more than 200 million subscribers; Spotify reaches more than 150 million premium subscribers and has a total user base of some 350 million. The Sun, by contrast, Britain's biggest tabloid, has a circulation of just 1.2 million, while rival the Daily Mirror reaches less than 400,000.

Driving the news: The foremost avatar of anti-Meghan tabloid sentiment is Piers Morgan, the former editor of the Daily Mirror with a grubby history involving phone tapping, insider trading, and faked photos.

  • Morgan resigned from his daytime-TV gig this week after saying on air that he "didn't believe a word" of Markle's claims.

The bottom line: Harry has gone solo, much like his namesake from One Direction. Just like Vogue cover star Styles, he could easily end up eclipsing his increasingly irrelevant former bandmates.

Big European soccer teams announce breakaway league

12 of world soccer's biggest and richest clubs announced Sunday they've formed a breakaway European "Super League" — with clubs Manchester United, Liverpool, Barcelona Real Madrid, Juventus and A.C. Milan among those to sign up.

Details: So far the breakaway league that's due to start in August consists of six clubs from England, three from Spain and three from Italy.

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Senate Democrats settling on 25% corporate tax rate

The universe of Democratic senators concerned about raising the corporate tax rate to 28% is broader than Sen. Joe Manchin, and the rate will likely land at 25%, parties close to the discussion tell Axios.

Why it matters: While increasing the rate from 21% to 25% would raise about $600 billion over 15 years, it would leave President Biden well short of paying for his proposed $2.25 trillion, eight-year infrastructure package.

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Republican leaders raked in sizable donations from grassroots supporters

Republican leaders turned to grassroots supporters and raked in sizable donations after corporations cut them off post-Jan. 6.

Why it matters: If those companies hoped to push the GOP toward the center, they may have done just the opposite by turning Republican lawmakers toward their most committed — and ideologically driven — supporters.

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CDC: Half of US adults have received one COVID-19 vaccine dose

Data: CDC; Chart: Axios Visuals

Half of US adults have received at least one dose of the COVID-19 vaccine and about a third are fully vaccinated, according to new data from the Centers for Disease Control and Prevention.

Why it matters: COVID-19 cases and hospitalizations are still on the rise, CDC director Rochelle Walensky said during Friday's White House COVID-19 briefing. With cases in many states being driven by variants, public health officials have emphasized the need to ramp up vaccinations.

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Israeli intel agencies believe Vienna talks will lead to U.S. return to Iran nuclear deal

Israeli military intelligence and senior officials in the Mossad briefed a meeting of the nation's security cabinet that talks in Vienna between Iran and other world powers will lead to the U.S. returning to the 2015 nuclear deal, two officials who attended the meeting told me.

Why it matters: The Israeli government is very concerned about a U.S. return to the nuclear deal and is trying to convince the Biden administration not to take the pressure off the Iranian regime.

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"It hurts": Latino community of 13-year-old killed by police in Chicago reels after shooting

Residents of Little Village, a well-known and predominantly Latino neighborhood in Chicago, are grieving the death of Adam Toledo, a 13-year-old Mexican American boy from the neighborhood who was shot and killed by a police officer on March 29, NBC News reports.

Why it matters: Adam Toledo's killing shines a spotlight on police shootings of Latinos, who are killed by law enforcement at the second-highest rate after Black Americans, according to data from the Washington Post.

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Biden adviser warns "there will be consequences" for Russia if Navalny dies

The Biden administration warned the Russian government "that there will be consequences" if jailed Russian opposition leader Alexei Navalny dies, National Security Adviser Jake Sullivan told CNN on Sunday.

The big picture: Sullivan also defended President Biden for not mentionining Navalny in a Thursday speech about Russia or in a Tuesday call with Russian President Vladimir Putin,saying the White House aims to deal with the issue "privately and through diplomatic channels."

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Prosecutor on leave for failing to "fully present the facts" after shooting of 13-year-old boy

Cook County prosecutor James Murphy was placed on administrative leave Friday after he implied in court that 13-year-old Adam Toledo, who was shot and killed by a police officer in March, was armed when he was shot, the Chicago Tribune and Chicago Sun-Times report.

Why it matters: Videos of the shooting show that Toledo dropped what appears to be a weapon and put his hands in the air a moment before before he was fatally shot. A lawyer for the Toledo family said Thursday that if the teen "had a gun, he tossed it."

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