According to the 2018 Global Wealth Report from the Credit Suisse Research Institute, you need a net worth of US$871,320 to be in the top 1% in the world. Credit Suisse defines net worth, or “wealth,” as “the value of financial assets plus real assets (principally housing) owned by households, minus their debts.” More than …
Cheer up, liberal America and all Epicureans, wherever you may be! It may feel like Trump will be around for ever, but the announcement by Nikki Haley that she is standing down as US representative at the UN is a clear sign that his days are indeed numbered. Haley is one of the most astute …
Continue reading ‘“The end of the Trump era may be in sight”. (The New Yorker)’ »
To The Times In your report “Ex-director goes on sex offender register for making pass at friend”, you write that the judge told the defendant: “You do not make advances towards women who don’t want you to.” In other words, a woman must first indicate that an advance is welcome before a man can make …
More than half the jobs in newspaper publishing disappeared between 2001 and 2016, according to the US Bureau of Labor Statistics. It’s much the same story across the developed world, of course. Yet in other countries the loss of local print outlets has been partially mitigated by public broadcasting, which has helped fill the void …
This month, Britain’s first unexplained wealth order (UWO) survived a challenge at the High Court. The suspect it targets – Zamira Hajiyeva – is the wife of an Azerbaijani banker whose annual salary is a mere £54,000, and who was jailed for defrauding a state-owned bank out of the equivalent of tens of millions of …
