Tag: wealthy people
What Puerto Rico Needs Most
President Joe Biden recently visited Puerto Rico and Florida in an effort to reassure the people there that the U.S. government would help them in the aftermath of Hurricanes Fiona and Ian. But a key difference between those two places—Puerto Rico is a “commonwealth” and Florida is a state—means each faces a very different path to recovery.
Days after Hurricane Fiona struck Puerto Rico, the writer Jaquira Díaz flew back to her home to check on her family and see
The Four Ways Sanctions Work (Or Don’t)
The United States, the European Union, and countries around the world have cut Russia out of the global economy. Moscow’s central bank is struggling to support the ruble. Russian financial institutions are blocked from the global payments system. Far-reaching import and export bans have choked off trade to and from the country. Russian markets have seized. Will these sanctions pressure Vladimir Putin to withdraw the Russian military from Ukraine? Or will their main effect be to hurt Russian civilians and