Photo: Mark Wilson / Getty Images

Special Counsel Robert Mueller and his legal team has moved to drop charges that were brought last week in an expansive superseding indictment against Rick Gates. The 32-count indictment issued in the Eastern District of Virginia accused Gates of tax and bank fraud.

Why it matters: Mueller's decision to drop the more expansive charges against Gates suggests that he may have provided good information for Mueller's probe. Gates still faces an advisory sentence of 57 to 71 months under his guilty plea, per Bloomberg, but it's worth noting that the "prosecution can request a shorter sentence but isn't required to do so." Gates pled guilty last week to charges filed in the District of Columbia on counts of conspiracy against the United States and lying to the FBI and the Special Counsel.

Go deeper: Read last week's superseding indictment to see the full scope of the dropped charges.

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13 mins ago - World

Trump announces historic normalization of ties between Israel and UAE

Israel Prime Minister Netanyahu, Trump and UAE Crown Prince Mohammed bin Zayed. Photo: Artur Widak/NurPhoto; Samuel Corum; Odd Andersen/AFP via Getty Images

President Trump announced a "historic" deal Thursday which will see Israel and the UAE open full diplomatic relations and Israel suspend its annexation plans in the West Bank.

Why it matters: This is a major breakthrough for Israel, which does not have diplomatic recognition in many Middle Eastern countries but has been steadily improving relations in the Gulf, largely due to mutual antipathy toward Iran. Egypt and Jordan are the only two Arab countries that have active diplomatic ties with Israel, and the UAE is the first of the Gulf Arab states to normalize relations.

Updated 35 mins ago - Politics & Policy

Trump vows to block stimulus funding for mail-in voting and USPS

President Trump on Thursday told Fox Business' Maria Bartiromo that Democratic demands to fund mail-in voting and the U.S. Postal Service in ongoing coronavirus stimulus negotiations were a non-starter.

Why it matters: Trump directly linked Democrats' desired $3.6 billion for mail-in voting and $25 billion for the USPS to his continued baseless claims that increased mail-in voting will lead to widespread voter fraud.

Wind and solar power hit record global market shares in first half of 2020

Reproduced from Ember; Chart: Axios Visuals

A steep decline in coal-fired power combined with rising wind and solar output drove the carbon-free sources to record global market share in the first half of 2020, per a new analysis from the environmental think tank Ember.

Why it matters: The report shows how the coronavirus pandemic is speeding the ongoing shakeup of the global power mix — but also how it's occurring too slowly to reach international climate goals.