Think N.Y.C.’s Roads Are Crowded? Good Luck on the Sidewalks.
This is Street Wars, a weekly series on the battle for space on New York’s streets and sidewalks. Any New Yorker who regularly walks around the city quickly learns which…
U.S. is Facing a Major Energy Crunch Due to AI’s Insatiable Demand | naked capitalism
Yves here. We have been regularly harping on the fact that AI consumes substantial amounts of energy while offering at best marginal benefits over existing analytical methods. Yet the touts…
Why Global Investors Are Watching What Japan Does Next
Japan’s central bankers meet this week, and what they decide has the potential to move markets around the world. That’s because Japan is an outlier among major economies. While policymakers…
Japan Wanted Higher Inflation. It’s Here, and It Hurts.
As the rest of the world fought to keep inflation in check, one country welcomed it with open arms. In the past few years, Japan saw a burst of inflation,…
Venezuela’s Autocrat Is Declared Winner in Tainted Election
Venezuela’s authoritarian leader, Nicolás Maduro, was declared the winner of the country’s tumultuous presidential election early Monday, despite enormous momentum from an opposition movement that had been convinced this was…
Kamala’s Campaign Blasts Off with an Explosion of Snark | naked capitalism
By Lambert Strether of Corrente. Here’s a fine example of snark: For those who came in late, the claim — which I know I could be amplifying by repeating, but…
A Village’s Anguish Over 12 Children Lost to a Rocket Strike
The rocket struck on the sideline of the pint-size soccer field, just inside a chain-link fence, where the children of Majdal Shams, a picturesque Druse Arab village in the Israeli-controlled…
‘Maybe I’ve Gotten Worse’: Trump Makes Clear That Unity Is Over
Early in his speech in Minnesota on Saturday night, former President Donald J. Trump made clear just how quickly he has jettisoned the appeal for national unity that he made…
For Epidemics to Cross Oceans, Viruses on Ships Had to Beat the Odds
On Dec. 22, 1874, the H.M.S. Dido arrived in Fiji from Sydney, Australia, carrying about 200 people and an invisible payload. A king of Fiji and his son, who were…
The Sunday Stroll That Changed Her Mind About Dating
When a mutual friend suggested that Gillian Romaine Tett meet Henrik Jones in November 2021 to discuss environmental and social investing and get his advice on a family health issue…