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Poised to scatter morsels of red meat to the right of the Tory party, Suella Braverman will today tell a centre-right thinktank that it’s time to re-examine the definition of the word “refugee”.

In Washington DC, the home secretary is set to accuse asylum seekers of shopping around, arguing that those who travel to the UK across the Channel in small boats are not fleeing imminent peril.

But this isn’t just about fulfilling Sunak’s pledge to stop the boats. This is about Braverman boosting her personal popularity ratings among the right of her party ahead of an election most Tories fear they will lose.

Would Labour do a deal with Lib Dems? – politics live

Braverman claims 780 million people could claim asylum globally under the current interpretation of the UN Refugee Convention, and that there must be a greater distinction between the terms “persecution” and “discrimination”, “trafficking” and “smuggling”.

Although today’s speech will be music to the ears of the Tory right, how much is it likely to change the status quo?

A total of 146 countries are signed up to the UN Refugee Convention and it was created in the wake of the Second World War to protect the rights of people forced to flee conflict and persecution.

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‘Will you electronically tag migrants?’

Although Braverman’s rhetoric may sound tough, it is a far from simple task to reform such an iconic convention – and it’s definitely not something the UK can do alone.

Already a vocal supporter of withdrawing from the European Court of Human Rights, Braverman has form when it comes to calling for radical immigration rhetoric.

But without taking the international community with her, the UK risks alienating itself on the world stage.

Read more:
The city of immigrants is being ‘destroyed’ by migration
Why PM could face bigger headache from legal migration than asylum backlog

Although Braverman will be hoping this speech will bolster her standing among those who believe illegal immigration will be a wedge issue at the next election, there is a risk of her rhetoric backfiring as she herself has been in charge of the failing asylum system she is so quick to criticise.

According to recent polling by YouGov, 86% of people believe the government is handling immigration badly and Labour remains the preferred party to handle immigration.

If this trend continues, the Tories will remain on shaky ground when it comes to immigration – something they once saw as their home turf.

Make no mistake, this is not a policy announcement.

This is a show of strength from a home secretary with leadership ambitions.

But will she be seen as a truth teller, or a politician quick to blame everyone and everything around her for her own failings?

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Connecticut can’t take action against Kalshi for now, judge rules

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Connecticut can’t take action against Kalshi for now, judge rules

A US judge has granted prediction markets platform Kalshi a temporary reprieve from enforcement after the state of Connecticut sent it a cease and desist order last week for allegedly conducting unlicensed gambling.

The Connecticut Department of Consumer Protection (DCP) sent Kalshi, along with Robinhood and Crypto.com, cease and desist orders on Dec. 2, accusing them of “conducting unlicensed online gambling, more specifically sports wagering, in Connecticut through its online sports event contracts.”

Kalshi sued the DCP a day later, arguing its event contracts “are lawful under federal law” and its platform was subject to the Commodity Futures Trading Commission’s “exclusive jurisdiction,” and filed a motion on Friday to temporarily stop the DCP’s action.

An excerpt from Kalshi’s preliminary injunction motion arguing that the DCP’s action violates federal commodities laws. Source: CourtListener

Connecticut federal court judge Vernon Oliver said in an order on Monday that the DCP must “refrain from taking enforcement action against Kalshi” as the court considers the company’s bid to temporarily stop the regulator.

The order adds that the DCP should file a response to the company by Jan. 9 and Kalshi should file further support for its motion by Jan. 30, with oral arguments for the case to be held in mid-February.

Kalshi does battle with multiple US states

Kalshi is a federally regulated designated contract maker under the CFTC and, in January, began offering contracts nationally that allow bets on the outcome of events such as sports and politics.

Related: How prediction markets raise insider trading and credit risks

Its platform has become hugely popular this year and saw a record $4.54 billion monthly trading volume in November, attracting billions in investments, with Kalshi closing a $1 billion funding round earlier this month at a valuation of $11 billion.

However, multiple US state regulators have taken issue with Kalshi’s offerings, which have led to the company being embroiled in lawsuits over whether it is subject to state-level gambling laws.