The state’s light regulation and low taxes are luring dozens of big companies. It’s also setting up a water crisis and a “race to the bottom” in shareholder protections.
Dave lost 97% of its value before a 1-for-32 reverse split. Now the fintech stock has surged back. The story is a warning to investors as SPACs mount a comeback.
Positive readouts in cancer and cardiac drug trials could keep the rally going. Sizing up the stakes for Merck, Moderna, Summit Therapeutics, and more.
NATIONAL GEOGRAPHIC TRAVELLER MAGAZINE: The latest issue features ‘Italy’ – Experience a sliver of local life on the Italian islands, whether that means soaking up the art on display in Italy’s first Capital of Contemporary Art or exploring the coral-rich waters of the Tremiti Islands.
Also inside this issue:
Uzbekistan: Unearth the legacy of the Silk Road on a journey in the footsteps of merchants and nomads Azores:On these remote Atlantic islands, a culture of self-reliance has generated a distinct food culture Rwanda: Thriving art, food and fashion scenes are putting the spotlight on the capital, Kigali Lake Titicaca: Experience a homestay with this this high-altitude Peruvian lake’s weaving communities Music Trips: We round up eight of the best experiences for crate-diggers, opera aficionados and more Uluru: Hike through the Outback on an Indigenous-led hike ending at Australia’s sacred monolith Tetouan& Tamuda Bay: Jagged peaks and Mediterranean waters meet in this quiet Moroccan corner Somerset: In search of the farmers and cider brewers championing the county’s best-loved tipple Manchester: The Northern powerhouse’s industrial heritage lives on in its booming hotel scene Boston:Get to know Massachusetts’ capital through its revolutionary heroes and sporting legends
When Vladimir Putin sent his tanks over the Ukrainian border to seize Kyiv in February 2022, it’s unlikely he evisaged the mess he finds himself in today. Four-and-a-half years later, Russia remains bogged down in what is no longer simply a ground war but one increasingly being fought in the air by drones.
After years of nightly attacks from Russian ballistic missiles and Iranian-designed Shahed drones, Ukraine has responded by scaling up to become the world’s leading manufacturer of unmanned systems. Its retaliatory campaign targeting Russian energy and retail infrastructure is bringing the war to the doorsteps of Russians in Moscow, Crimea and beyond, making life distinctly uncomfortable for Putin and his regime’s messaging over a “special military operation” that was expected to last days rather than years.
For our big story this week, Luke Harding gained exclusive access to Ukraine’s elite drone strike force, going behind the scenes with senior commanders.
Spotlight | Chaos on the streets of Ceuta People among the more than 70,000 who entered the Spanish enclave in north Africa last week describe the journey and their prospects to Okba MohammadandJavier Jennings Mozo
Technology | What if the streetlights have eyes? The new breed of camera-equipped streetlights has the potential to fight crime and track down missing persons. Or will it just take us one step closer to surveillance states, asks Zoe Williams
Feature | The Clacton klaxon: what Farage’s voters think of Britain The Reform UK leader’s constituency takes in genteel resorts and one of England’s poorest villages. With a snap byelection approaching, Tim Burrows finds out what residents want from him and their views on the country at large
Opinion | The battle of Elon Musk and the media The trillionaire Tesla owner has called the editor of the Economist a “traitor to the west” after a clash-filled interview. The truth must not be the loser, argues Jane Martinson
Culture | Why is the National Theatre shaking up Sophocles? Australian theatre director Benedict Andrews’ bold new London production Electra/Persona, starring Cate Blanchett and Nina Hoss, fuses Sophocles and Ingmar Bergman. Mark Lawson asks what it tells us about how we live today
Christopher Nolan’s $250 million action movie version of Homer’s ancient Greek poem is an entertaining way to hide from the high temperatures for a few hours. Nolan’s trademark jumps and twists in the narrative structure are relatively easy to follow, and appropriate for The Odyssey, a narrative of tales nested in tales. My teenagers had a good time. Unlike some of Nolan’s other films, The Odyssey is not boring, thanks to the source material, which is impossible to mess up entirely. It’s a family-friendly audiovisual spectacle, like an elaborate Fourth of July fireworks display – and with about the same level of narrative and emotional depth.
Intellicurious 