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...But most of Guyana’s forest cover is in the mineral-rich region of Essequibo, a tract of Amazon jungle that would be a prime target for Venezuelan loggers and miners in the event of a takeover....
...For example, he writes that America’s founding fathers thought “low taxes, a small bureaucracy and economic laissez-faire would starve the political system of the very resources needed to achieve this kind...
...The field is rich in gas and lies offshore in Venezuelan waters close to Trinidad and Tobago. BP is also said to be interested in natural gas opportunities in the area....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...And that trend is already reflected in this year’s FT-Statista ranking of the Americas’ 500 fastest-growing companies: it includes at least two dozen that claim to use AI or machine learning in their products...
...Last year, Deloitte had its lowest turnover figure in a decade both globally and in the Americas....
...Jefferies chief executive Rich Handler has sold $65mn of his stock in the Wall Street investment bank to buy a luxury yacht from longtime client Tilman Fertitta....
...But, as Ebrahim Poonawala of Bank of America pointed out to me, the cause of the first problem, very fast growth, was acquisitions explicitly designed to solve the second problem, the concentration in regulated...
...Real Madrid back on top of football’s rich list Despite winning the Champions League for the first time, Manchester City has lost its crown as Europe’s richest football team....
...Morgan thinks the US Federal Reserve will probably pave the way to a soft landing for America and the world economy, but adds that there are risks of a crash in the event of increasing geopolitical instability...
People in the US are being squeezed to such an extent that they are spending less altogether
...This mirrors increases in life expectancy, especially for the better-off half of the population in rich countries. The big prize now is to improve the final decade for everyone — rich and poor....
...The average age of America’s industrial, power and highway infrastructure is near its highest since records began in 1925....
...The high cost of borrowing for homebuyers had created a “void in the middle” of the property market, she said, as the rich got richer, while buyers who could not pay cash were sidelined as rents in the city...
...This isn’t even the first time that loans to the ultra-rich backed by their trinkets have been fed into the ABS machine....
...“Back in the day, you wanted to be like that guy because he’s rich,” is how Hayes put it....
...Aspen’s 7,000 full-time residents are used to seeing their picturesque home inundated with about 1.4mn visitors every ski season, many of them America’s super-rich seeking sanctuary in this gilded outpost...
But the boost to liquidity can prove shortlived
...illustrated in Tom Bower’s 2006 biography of the disgraced former media baron Conrad Black and his wife Barbara Amiel when an observer quips, “I don’t understand why Conrad wants to be the poorest billionaire in America...
...But that hasn’t stopped the 51-year-old descendent of one of America’s richest families — the Pritzker Group is a majority owner of the Hyatt hotel chain, among dozens of other companies — struggling with...
...Producers in free markets in Latin America, meanwhile, are cashing in....
...Venezuela’s revolutionary socialist government has trumpeted what it says is an “overwhelming victory” in a referendum on its claim to an oil-and-mineral-rich swath of neighbouring Guyana in a referendum...
...Likewise, I worry that America’s push to counter Chinese AI will lead to a handful of US tech giants having even more market power than they do already. The shift to a new economic paradigm has begun....
...came after China’s powerful internet regulator and the Ministry of Industry and Information Technology set a deadline of April 1 for apps operating in China to formally register with the government, said Rich...
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
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