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Peru’s monetary system would not work in Venezuela | Fortune
Steve H. Hanke is a Senior Contributing Columnist at Fortune and a Professor of Applied Economics at The Johns Hopkins University. From 1995 to 1996, he was an economic advisor to President Rafael Caldera and is presently Special Adviser...
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Paul Adams: British-Israeli relations at lowest ebb in decades
Israel's response to London's trade ban with Israeli settlements in the occupied West Bank shows how important this moment is.
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LIV Golf: Players free to leave after competition files for bankruptcy protection
The bankruptcy filing was made in the federal district court of New Jersey, where LIV Golf set up a subsidiary earlier in the summer.Chapter 11 protection postpones a US company's obligations to its creditors, giving it time to reorganise...
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How Canada decided to hurt its own economy, raise its inflation—and most Canadians approved because they’re so angry at Trump | Fortune
Economists are warning that Canadian Prime Minister Mark Carney’s “dollar-for-dollar” tariff strategy could mean some economic pain for the Great White North, but Canadians are so frustrated with the Trump administration they support the move anyway.Canada implemented retaliatory tariffs...
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Smithsonian Secretary Lonnie Bunch resigns amid attacks from Trump administration
Smithsonian Secretary Lonnie Bunch is stepping down from his position, the institution said Tuesday, after seven years of leading the world's largest museum, education and research complex."I have fought for as long as I can. I love this country...
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UK announces sanctions on West Bank settlements prompting furious Israeli response
The sanctions were launched alongside France and Canada, who in a joint statement with the UK said the action "marks a further turning point in our approach to protecting the two-state solution".Settlements are illegal under international law, and there...
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Oxford University museum to return remains of 39 people taken during British colonial rule in India
An Oxford University museum has agreed to return the remains of 39 people who were taken during Britain's colonial rule in India.The university's Pitt Rivers Museum says it is preparing to repatriate the remains of...
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NYC Mayor Mamdani releases thousands of long-sought city documents on 9/11 air quality
Mamdani declined to directly blame any of his predecessors, saying he would "leave that to New Yorkers," but said, "administration after administration has ignored those calling for answers and clarity."The mayor said that the city will continue to use...
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Fourteen go on trial over deadliest Channel small boats disaster
Fourteen suspected people smugglers have gone on trial in Paris for their role in the worst ever small boats disaster in the English Channel.In November 2021, at least 30 men, women and children drowned when their motorised dinghy deflated...
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Hunter Biden launches $LAPTOP memecoin, trolls Trump by promising that 20% will be reserved for traders who lost money on president’s token | Fortune
Former President Joe Biden’s son, Hunter Biden, is preparing to roll out a memecoin, a novelty form of cryptocurrency that is typically based on a famous person or meme that has no intrinsic purpose, but can acquire value based...
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Six smugglers jailed for manslaughter over worst Channel small boats disaster
Thirty-one migrants died when their boat went down in November 2021. The trial found that the guilty men were...