Biden Aides Working on Proposal for US Sovereign Wealth Fund
Top aides to President Joe Biden have been crafting a proposal to create a sovereign wealth fund that would allow the US to invest in national security interests including technology, energy, and critical links in the supply chain, according to people familiar with the effort.
As Superyachts’ Popularity Grows, So Is Their Supersized Climate Impact
A French sociologist characterizes the boats of the ultra rich a form of “ecocide” for the heavy toll they’re taking on the planet.
There are almost 6,000 superyachts — that is, vessels over 30 meters (100 feet) — at sea, according to a report earlier this year by media and market intelligence company SuperYacht Times. The total has quadrupled in the past three decades.