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Latin American Millionaires on the Move
Political instability, social advantages, and opportunities to invest in stable economies are driving Latin American millionaires to migrate. High-net-worth individuals (HNWIs) from Brazil, Mexico, and Argentina are among those seeking better economic climates. Henley & Partners reports that global millionaire migration is at its highest rate since 2013. An estimated 128,000 HNWIs will move this […]
China Cuts Back Investments: Europe Feels the Chill
Chinese investment in Europe has plummeted to its lowest level since 2010. A report by the Rhodium Group and MERICS shows a 4.4% drop between 2022 and 2023. Beijing’s strict capital controls and the RMB’s depreciation drive this decline. Additionally, the EU’s policy of reducing risk from China deters investors. However, ongoing Chinese investments in […]
Yusef Salaam, exonerated member of the ‘Central Park Five,’ wins Democratic primary for seat on NYC council
Yusef Salaam, one of the exonerated “Central Park Five,” has won a Democratic primary for a seat on the New York City Council, all but assuring him of eventual victory. It’s an improbable feat for a political novice who was wrongly accused, convicted and imprisoned as a teenager for the rape and beating of a […]