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Report: Guards held hostage by inmates in Rio de Janeiro prison

Prisoners cover themselves using makeshift shields as riot police agents (out of frame) fire rubber bullets during a riot at the Alcacuz Penitentiary Center near Natal in Rio Grande do Norte, Brazil last year. Photo: ANDRESSA ANHOLETE / AFP / Getty Images

Inmates who started a riot Sunday at the overcrowded Milton Dias Moreira prison in Rio de Janeiro took prison guards hostage, Reuters reports, citing an email from the Rio state penitentiary administration.

What's happening: Per Reuters, the email did not say how many guards are being held hostage or provide information on any deaths or injuries. This comes in the wake of a series of prison riots in the country amid a standoff between rival drug gangs. Reuters said the prison, built to hold fewer than 900 inmates, has more than 2,000.

Zachary Basu 9 hours ago
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What to watch for in Egypt's sham election

Sisi billboard
A billboard in Cairo voicing support for Egyptian President Abdel Fattah al-Sisi in the upcoming election. Photo by KHALED DESOUKI/AFP/Getty Images.

Egyptians will vote March 26-28 in a presidential election that is sure to see incumbent strongman Abdel Fattah el-Sisi handily defeat Mousa Mostafa Mousa — the sole challenger who hasn't been jailed or intimidated into dropping out.

The backdrop: Sisi, the former minister of defense and commander-in-chief of the Egyptian Armed Forces, led a military coup to topple President Mohamed Morsi in 2013. He formally came to power in 2014 after winning 96% of the vote in the presidential election, but has since seen his popularity wane under deteriorating economic conditions and an oppressive human rights record.

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Where Trump's steel and aluminum trade war will hit first

Note: Includes only products under the "Iron & Steel & Ferroalloy" and "Alumina & Aluminum & Processing" NAICS commodity classifications. Data: Census Bureau; Chart: Chris Canipe and Lazaro Gamio / Axios

The Trump administration has begun imposing tariffs on imports of steel and aluminum, but several countries are exempted temporarily until May 1, as shown in the chart above. The administration may still apply quotas on exempted countries to prevent a flood of foreign steel and aluminum in the U.S. market, per the White House.

Why it matters: After railroading past a number of his advisors, Trump announced the tariffs on imports of steel (at 25%) and aluminum (at 10%) earlier this month, citing national security concerns. But with the exemption noted above, the tariffs won't carry major bite, at least to start.