Investments and Business

How Trump’s Justice Dept. Derailed an Investigation of a Major Company

How Trump’s Justice Dept. Derailed an Investigation of a Major Company

In December 2018, a team of federal law enforcement agents flew to Amsterdam to interview a witness in a yearslong criminal investigation into Caterpillar, which had avoided billions of dollars of income taxes by shifting profits to a Swiss subsidiary.A few hours before the interview was set to begin, the agents were startled to hear that the Justice Department was telling them to cancel the long-planned meeting.The interview was never rescheduled, and the investigation would limp along for another few years before culminating, in late 2022, with a victory for Caterpillar. The Internal Revenue Service told the giant industrial company…
Read More
Israel Hamas War: Latest Updates

Israel Hamas War: Latest Updates

President Biden said on Thursday that he and Prime Minister Benjamin Netanyahu of Israel were headed toward a “come-to-Jesus meeting” over the humanitarian crisis in Gaza, according to an audio clip of the president’s remarks posted on social media on Friday.Mr. Biden’s comment highlights the rising tensions between him and Mr. Netanyahu in recent weeks, as the civilian death toll in Gaza has risen inexorably and Mr. Biden has come under political pressure at home and abroad to do more to compel Israel to agree to a cease-fire.In recent days, Mr. Biden had expressed hope that at least a six-week…
Read More
The Surprising Left-Right Alliance That Wants More Apartments in Suburbs

The Surprising Left-Right Alliance That Wants More Apartments in Suburbs

For years, the Yimbytown conference was an ideologically safe space where liberal young professionals could talk to other liberal young professionals about the particular problems of cities with a lot of liberal young professionals: not enough bike lanes and transit, too many restrictive zoning laws.The event began in 2016 in Boulder, Colo., and has ever since revolved around a coalition of left and center Democrats who want to make America’s neighborhoods less exclusive and its housing more dense. (YIMBY, a pro-housing movement that is increasingly an identity, stands for “Yes in my backyard.”)But the vibes and crowd were surprisingly different…
Read More
Migration Through Darien – The New York Times

Migration Through Darien – The New York Times

Migration toward the United States through the perilous jungle known as the Darién Gap returned to normal on Friday, with hundreds of people from Venezuela, Ecuador and beyond entering the jungle following a roughly five-day pause in which migrants could not begin the trek.The pause in this increasingly large migration flow was the result of an arrest operation led by the Colombian prosecutor’s office, in which two captains driving boats full of migrants headed to the jungle were taken into custody, where they remain, according to the prosecutor’s office. The office said that the captains had been transporting the individuals…
Read More
Brighter Economic Mood Isn’t Translating Into Support for Biden

Brighter Economic Mood Isn’t Translating Into Support for Biden

Economic vibes don’t necessarily predict electoral outcomes, though, and this campaign is different in many ways from those in the past. “We’re kind of in an unprecedented situation where we’re weighing two incumbents,” said Joanne Hsu, who runs the Michigan survey.Anthony Rice, a 54-year-old Democrat in eastern Indiana, and pretty much everyone he knows, he said, are doing well right now. Gas prices are down, jobs are plentiful, and Mr. Rice, a unionized dump-truck driver, is benefiting directly from the infrastructure law that Mr. Biden signed in 2021. Yet few people in the deep-red part of the country where he…
Read More
China Wants to Look Open. Beneath the Surface, Xi’s Grip is Clear.

China Wants to Look Open. Beneath the Surface, Xi’s Grip is Clear.

Finally, it appeared, things were back to normal.As nearly 3,000 delegates filed into Beijing’s Great Hall of the People on Tuesday for the opening of China’s annual legislative meeting, none wore face masks. Officials pressed together to shake hands and pose for photos. Around them, reporters and diplomats from around the world milled about the cavernous lobby, many invited back for the first time since the outbreak of the coronavirus pandemic four years earlier.It was one of China’s highest-profile political stages, and the message being sent was clear: The country’s prolonged isolation was over, and it was once more open…
Read More
Investing in Panama’s beaches: real estate projects for investors from United Kingdom

Investing in Panama’s beaches: real estate projects for investors from United Kingdom

Located in Panama, Playa Caracol Residences is a real estate project that goes beyond expectations, offering investors from United Kingdom a unique beachfront experience. With extensive and captivating views of the majestic Cerro Chame and more than a kilometer of uninterrupted beach, this project presents itself as a true paradise where every detail creates an environment of incomparable beauty and serenity on the beaches of Panama. Playa Caracol: a luxurious real estate development in Panama's stunning Chame region The architectural design of Playa Caracol is a testament to originality, modernity, and the seamless integration of local elements. Each property is…
Read More
Inmates Escape After Attacks on 2 Prisons in Haiti’s Capital

Inmates Escape After Attacks on 2 Prisons in Haiti’s Capital

Gangs attacked two prisons in Haiti, including the country’s largest penitentiary, and allowed prisoners to escape on Saturday night, according to Haitian officials, the latest instance of escalating violence and disorder in the country’s capital, which has been ravaged by gang violence for more than two years.While details of the attack remained murky, the government of Haiti released a statement Sunday saying that police officers were unable to prevent gang members from releasing “a large number of prisoners,” adding that several inmates and prison staff were injured.Haiti’s national penitentiary held nearly 4,000 inmates at the time of the attack and…
Read More
Real estate project on the beaches of Panama for investors of Italy

Real estate project on the beaches of Panama for investors of Italy

Located in Panama, Playa Caracol Residences is a real estate project that goes beyond expectations, offering investors from Italy a unique beachfront experience. With extensive and captivating views of the majestic Cerro Chame and more than a kilometer of uninterrupted beach, this project presents itself as a true paradise where every detail creates an environment of incomparable beauty and serenity on the beaches of Panama. Playa Caracol: a real estate project in Panama The architectural design of Playa Caracol is a testament to originality, modernity, and the seamless integration of local elements. Each property is a masterpiece that embodies Panamanian…
Read More
How 33-Year-Olds, the Peak Millennials, Are Shaping the U.S. Economy

How 33-Year-Olds, the Peak Millennials, Are Shaping the U.S. Economy

I have covered economics for 11 years now, and in that time, I have come to the realization that I am a statistic. Every time I make a major life choice, I promptly watch it become the thing that everyone is doing that year.I started college in 2009, in the era of all-time-high matriculation rates. When I moved to a big coastal city after graduation, so did a huge crowd of people: It was the age of millennial urbanization. When I lived in a walk-in closet so that I could pay off my student loans (“The yellow paint makes it…
Read More