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The Shrewd Economist
Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
June 02, 2026
Trump Targets Brazil With 25% Tariff, Citing Unfair Trade Practices
THE NEW YORK TIMES: The proposal marks the latest effort by the administration to rebuild its tariff agenda through Section 301 investigations.
The Trump administration on Monday proposed a 25 percent tariff on a broad range of Brazilian imports, concluding after a trade investigation that Brazil had engaged in unfair practices that imposed burdens on American businesses.
In a news release, the United States Trade Representative, Jamieson Greer, said the investigation found that Brazil had failed to adequately enforce intellectual property rights and had not taken sufficient measures to combat corruption and bribery. The administration also cited Brazil’s restrictions on access to its ethanol market, and what it described as inadequate enforcement of anti-deforestation laws.
The investigation was conducted under Section 301 of the Trade Act of 1974, which authorizes the United States to impose tariffs and other penalties in response to unfair foreign trade practices.
Mr. Greer said that he and President Trump had “several constructive meetings” with the Brazilian president, Luiz Inácio Lula da Silva, over the past year, but that “substantial differences” remained over issues identified in the investigation. The United States Trade Representative is scheduled to hold a public hearing on the proposed measures on July 6. » | Daisuke Wakabayashi | Tuesday, June 2, 2026
This sounds like harassment to me! Trump loves harassing people, especially if they have a socialist leaning. — © Mark Alexander
The Trump administration on Monday proposed a 25 percent tariff on a broad range of Brazilian imports, concluding after a trade investigation that Brazil had engaged in unfair practices that imposed burdens on American businesses.
In a news release, the United States Trade Representative, Jamieson Greer, said the investigation found that Brazil had failed to adequately enforce intellectual property rights and had not taken sufficient measures to combat corruption and bribery. The administration also cited Brazil’s restrictions on access to its ethanol market, and what it described as inadequate enforcement of anti-deforestation laws.
The investigation was conducted under Section 301 of the Trade Act of 1974, which authorizes the United States to impose tariffs and other penalties in response to unfair foreign trade practices.
Mr. Greer said that he and President Trump had “several constructive meetings” with the Brazilian president, Luiz Inácio Lula da Silva, over the past year, but that “substantial differences” remained over issues identified in the investigation. The United States Trade Representative is scheduled to hold a public hearing on the proposed measures on July 6. » | Daisuke Wakabayashi | Tuesday, June 2, 2026
This sounds like harassment to me! Trump loves harassing people, especially if they have a socialist leaning. — © Mark Alexander
Labels:
Brazil,
Donald Trump,
tariffs
Somerset Detectorist Strikes Gold with ‘Spectacular’ Roman Ring Find
THE GUARDIAN: Kevin Minto’s discovery near Ilminster, showing goddess Victoria, has been acquired with coin hoard for £78,000
This screenshot has been taken from this Guardian article. | You’re a little dumbfounded, really,’ Minto said of the find. ‘One of the boys I was with was screaming: “We’re rich, we’re rich.”’ Photograph: South West Heritage Trust
When Kevin Minto, a lorry driver, former soldier and keen metal detectorist, came upon something glinting in a Somerset field, he thought at first it was a coin – potentially quite interesting, probably not amazing.
But the object turned out to be extraordinary: a gold Roman ring, unusually large and exquisitely crafted, set with a finely engraved gemstone depicting the goddess Victoria driving a two-horse chariot.
“It’s hard to explain what if feels like when you find something like that,” Minto said. “It was like being hit by an express train. At first I thought it was a coin, then a brooch, and then realised it was a ring. You’re a little dumbfounded, really. One of the boys I was with was screaming: ‘We’re rich, we’re rich.’” » | Steven Morris | Tuesday, June 2, 2026
When Kevin Minto, a lorry driver, former soldier and keen metal detectorist, came upon something glinting in a Somerset field, he thought at first it was a coin – potentially quite interesting, probably not amazing.
But the object turned out to be extraordinary: a gold Roman ring, unusually large and exquisitely crafted, set with a finely engraved gemstone depicting the goddess Victoria driving a two-horse chariot.
“It’s hard to explain what if feels like when you find something like that,” Minto said. “It was like being hit by an express train. At first I thought it was a coin, then a brooch, and then realised it was a ring. You’re a little dumbfounded, really. One of the boys I was with was screaming: ‘We’re rich, we’re rich.’” » | Steven Morris | Tuesday, June 2, 2026
Labels:
Roman Britain
Orbán’s Oligarchs on Edge as Hungary Poised to Launch Wealth Tax
THE GUARDIAN: New PM Péter Magyar calls policy a sign of ‘social justice’ after years of political loyalty being rewarded with economic opportunity
This screenshot comes from this article. | Péter Magyar and his party, Tisza, have their sights firmly set on Viktor Orbán’s oligarchs. Photograph: Olivier Matthys/EPA
In a dimly lit television studio, one of Hungary’s richest men is on the verge of tears. It is early May, weeks after the general election that ended Viktor Orbán’s 16-year grip on power, and the advertising mogul Balásy Gyula has an announcement to make.
Gyula tells the interviewer that he has just surrendered his businesses to the state, along with a chunk of his private savings. He has even brought along a notarised deed – a legal document setting out the change of ownership.
“In the current situation, I don’t think that our group of companies has a future,” he says.
Gyula was among the most prominent beneficiaries of the Orbán era. His companies operated a network of poster sites known as the blue billboards, on which a succession of figures from the financier George Soros to the European Commission president, Ursula von der Leyen, were designated as public enemies, in propaganda campaigns paid for by the state.
…
The wealth tax debate is a global one, with the government in Brazil and trade unions in California pushing for legislation. In the UK the Green party and many Labour MPs back the idea. In France the socialist president François Mitterrand introduced the Impôt sur les Grandes Fortunes in 1982, only for it to be repealed under Emmanuel Macron. Last year the French parliament came very close to reinstating the levy, and it is likely to be a big talking point in next year’s presidential election. For now, however, Hungary looks set to move first. » | Juliette Garside | Tuesday, June 2, 2026
In a dimly lit television studio, one of Hungary’s richest men is on the verge of tears. It is early May, weeks after the general election that ended Viktor Orbán’s 16-year grip on power, and the advertising mogul Balásy Gyula has an announcement to make.
Gyula tells the interviewer that he has just surrendered his businesses to the state, along with a chunk of his private savings. He has even brought along a notarised deed – a legal document setting out the change of ownership.
“In the current situation, I don’t think that our group of companies has a future,” he says.
Gyula was among the most prominent beneficiaries of the Orbán era. His companies operated a network of poster sites known as the blue billboards, on which a succession of figures from the financier George Soros to the European Commission president, Ursula von der Leyen, were designated as public enemies, in propaganda campaigns paid for by the state.
…
The wealth tax debate is a global one, with the government in Brazil and trade unions in California pushing for legislation. In the UK the Green party and many Labour MPs back the idea. In France the socialist president François Mitterrand introduced the Impôt sur les Grandes Fortunes in 1982, only for it to be repealed under Emmanuel Macron. Last year the French parliament came very close to reinstating the levy, and it is likely to be a big talking point in next year’s presidential election. For now, however, Hungary looks set to move first. » | Juliette Garside | Tuesday, June 2, 2026
Labels:
Hungary,
Péter Magyar,
wealth tax
June 01, 2026
How to Tax Billionaires
May 25, 2026 | How many billionaires are there in the world? How much has their wealth grown by? Why do lots of billionaires pay almost no income tax? How much of a problem are tax havens? Would a 2% global wealth tax (on people with over $100million) work in practice?
Robert and Steph talk to prominent economist Gabriel Zucman about his decades long research on wealth inequality and discuss the pros and cons of wealth taxation policies.
The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.
Robert and Steph talk to prominent economist Gabriel Zucman about his decades long research on wealth inequality and discuss the pros and cons of wealth taxation policies.
The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.
Labels:
billionaires,
taxing billionaires
JD's Billionaire Sugar Daddy Leaks. Something BAD is Coming...
Strong language alert!
Labels:
JD Vance,
Peter Thiel
Trump in Ruins as He Faces Economic Nightmare
May 31, 2026 | Why has Trump forgotten the old political adage "it's the economy, stupid" in his policies? Trump’s policies have crashed the economy and led to wholesale voter suffering?
Popok is joined by financial expert and host of Wall Street Truthbombs Mark Malek for the answer.
Popok is joined by financial expert and host of Wall Street Truthbombs Mark Malek for the answer.
Labels:
Donald Trump,
US economy
Steve Rosenberg: "Russian Regions & Big Business Arming Themselves to Defend against Drones" - Russian Paper
Labels:
Russia,
what the papers say
May 31, 2026
Billionaires Quietly Added THIS to Your Meat (And You’re Eating It Daily)
Labels:
billionaires,
fake meat,
meat
What Is Orange Wine? And Why Is It on Every Brunch Menu?
May 30, 2026 | Orange wine isn't made from oranges — and it isn't a trend. It's the oldest wine in the world, made for 8,000 years in Georgia using clay vessels called qvevri.
Today, it's on every brunch menu. So, is it worth the hype, or just expensive, amber-coloured marketing?
I taste three orange wines — the icon, the ancient original, and the supermarket version — and answer the questions people are too embarrassed to ask: what it is, why it's everywhere, and when NOT to order it.
I'm Anya Gariboldi — sommelier, wine judge, WSET Diploma. Stop ordering wine to impress. Start ordering wine you actually understand.
Today, it's on every brunch menu. So, is it worth the hype, or just expensive, amber-coloured marketing?
I taste three orange wines — the icon, the ancient original, and the supermarket version — and answer the questions people are too embarrassed to ask: what it is, why it's everywhere, and when NOT to order it.
I'm Anya Gariboldi — sommelier, wine judge, WSET Diploma. Stop ordering wine to impress. Start ordering wine you actually understand.
Labels:
orange wine,
wines
Valeurs sûres, grandes cuvées et découvertes : les 40 vins rosés favoris de la rédaction du Figaro pour l’été
LE FIGARO : NOTRE SÉLECTION - Après avoir sélectionné 100 domaines et dégusté leurs plus belles cuvées, Le Figaro dévoile son grand palmarès des 40 vins rosés sur lesquels miser en toute confiance pour vous accompagner tout l’été
Existe-t-il de grands vins rosés ? Une question légitime, à l’heure où la troisième couleur a toutes les peines du monde, malgré ses efforts, à prouver qu’elle n’est pas uniquement un prétexte au relâchement et à l’oisiveté de la saison chaude. Certains en doutent. D’autres savent qu’au-delà de sa robe cristalline et séductrice se cachent parfois de vraies prouesses de vinificateurs. « C’est le vin le plus difficile à faire », celui dont « les erreurs ne se récupèrent pas », a pour habitude de répéter Patricia Ortelli, la reine de Pontevès, dans le Haut-Var, où la vigneronne produit des rosés sincères et authentiques depuis 35 ans maintenant. Elle se sentait un peu seule, au départ. Mais depuis, le vin rosé a trouvé grâce aux yeux d’un bon nombre de producteurs, qui s’attachent à exprimer la notion de terroir, de faire des vins rosés qui ont, comme on dit, « la gueule de l’endroit ». Dans cette sélection, issue d’une dégustation de plus de 100 vins (eux-mêmes provenant d’une présélection très rigoureuse), certaines cuvées peuvent se targuer d’être un vrai grand vin. D’autres font figure de vraie pépite au rapport qualité prix de premier ordre. À travers la France entière, mais avec une domination nette et naturelle de la Provence, voici une sélection de vins rosés à tous les prix, qui ne décevront ni l’amateur de vin, ni l’amateur de vin rosé. Ces 40 vins pourraient même réconcilier ces deux profils de dégustateurs... » | Par Martin Lemaire et Frédéric Durand-Bazin | samedi 30 mai 2026
Réservé aux abonnés
Labels:
vin rosé
May 30, 2026
Trump Did What Hitler and Mussolini Couldn't Do | Ruth Ben-Ghiat
May 28, 2026 | Deception, Dogma, and Democracy.
In this interview, historian and authoritarianism expert Ruth Ben-Ghiat breaks down the subtle mechanics of modern political control. Moving past historical models of closed-media dictatorships, Ben-Ghiat explains how authoritarian environments form in the open digital age through "short-term coordination," mandatory party dogmas, and the intentional targeting of everyday citizens to induce widespread self-censorship.
She is joined by Pat Morrison to discuss the shifting American perspective on wealth, the emotional mechanics of modern propaganda, and why the ultimate goal of authoritarian rhetoric is to make citizens police themselves.
In this interview, historian and authoritarianism expert Ruth Ben-Ghiat breaks down the subtle mechanics of modern political control. Moving past historical models of closed-media dictatorships, Ben-Ghiat explains how authoritarian environments form in the open digital age through "short-term coordination," mandatory party dogmas, and the intentional targeting of everyday citizens to induce widespread self-censorship.
She is joined by Pat Morrison to discuss the shifting American perspective on wealth, the emotional mechanics of modern propaganda, and why the ultimate goal of authoritarian rhetoric is to make citizens police themselves.
Sommet de la « remigration » à Porto : quels partis en Europe soutiennent une politique d’expulsion massive d’étrangers ?
LE FIGARO : DÉCRYPTAGE - Théorisée par les mouvances nationalistes radicales, la « remigration » gagne en visibilité sur le continent et trouve des relais dans certains partis politiques d’extrême droite.
Après Milan en 2025, c’est Porto qui accueille ce samedi 30 mai l’édition 2026 du « Remigration Summit », colloque organisé par plusieurs mouvements européens d’extrême droite. Moyennant 45 euros (et jusqu’à 325 euros pour un accès « premium »...), les participants pourront voir se succéder sur scène les principales figures continentales de la « remigration », concept défendu par les mouvances identitaires et nationalistes radicales, qui prône l’expulsion massive d’étrangers au nom de la préservation de l’identité nationale et culturelle.
Sur leur site internet, les organisateurs la définissent comme « un processus démocratique, légal et de longue haleine (20 à 30 ans) visant à renvoyer les immigrants clandestins et les migrants légaux nuisibles, et à exercer une pression sur les sociétés parallèles non assimilées afin de rétablir l’harmonie culturelle au sein de la nation ».
Issue de la même matrice idéologique que la théorie du « grand remplacement », la notion de « remigration » a acquis une visibilité particulière au cours de l’année 2025, popularisée sur les réseaux sociaux par l’administration Trump et par Elon Musk. Le terme est désormais repris par des militants identitaires, des groupuscules suprémacistes et diverses mouvances néofascistes. Mais aussi, plus marginalement, par certains partis politiques implantés en Europe, que Le Figaro a recensés. » | Par Adrien Bez | samedi 30 mai 2026
On y est encore ! La catastrophe des années 1930 et 1940 n'a visiblement pas suffi à ces extrémistes ! De toute évidence, ils veulent réitérer cette expérience désastreuse ! Concrètement, même s'ils y parvenaient, qui imagine-t-ils capable d'assurer le fonctionnement d'une économie florissante, alors que l'Europe connaît un vieillissement de sa population et une baisse alarmante de la natalité ? — © Mark Alexander
Labels:
AfD,
Eric Zemmour,
Matteo Salvini,
Porto
The Billionaire Derangement Syndrome that Is Destroying the World
May 23, 2026 | Journalist and political analyst Gil Duran joins The Left Hook to break down the growing influence of billionaires, tech oligarchs, and corporate power in reshaping American democracy, media, and public life.
Waj and Gil discuss how the billionaire class has consolidated unprecedented levels of wealth and influence while ordinary Americans struggle with rising inequality, political corruption, media consolidation, and economic instability.
From AI and surveillance capitalism to corporate capture and authoritarian politics, this conversation connects the dots on how concentrated wealth is transforming society — and why more people are beginning to push back against the oligarch era.
Waj and Gil discuss how the billionaire class has consolidated unprecedented levels of wealth and influence while ordinary Americans struggle with rising inequality, political corruption, media consolidation, and economic instability.
From AI and surveillance capitalism to corporate capture and authoritarian politics, this conversation connects the dots on how concentrated wealth is transforming society — and why more people are beginning to push back against the oligarch era.
May 29, 2026
Lula Says Brazil Will Not Be Treated Like ‘Tinpot Country’ after US Designates Gangs as Terrorists
THE GUARDIAN: Marco Rubio made announcement after meeting president’s far-right challenger Flávio Bolsonaro
Brazil will not be treated as a “tinpot country,” the country’s president, Luiz Inácio da Silva, said on Friday after the United States designated Brazil’s two largest criminal gangs, the First Capital Command (PCC) and the Red Command, as foreign terrorist organisations.
The announcement, made by Marco Rubio, the secretary of state, on Thursday, is being widely seen in Brazil as a setback for Luiz Inácio Lula da Silva, the president who had strongly opposed the designation – and a boost for Lula’s main challenger in October’s presidential election, the far-right senator Flávio Bolsonaro.
Chosen to run in place of his father, Jair Bolsonaro – the former president who is barred from running because he is in house arrest after being convicted of attempting a coup – Flávio spent this week in the US, where he met with Donald Trump and Rubio.
Lula said he was “very saddened” by the news that “the United States secretary, from North America, a certain Marco Rubio, said that our criminals here are terrorists and that Americans can intervene”, he said during a speech at an event in the state of Sergipe.
“We do not accept being treated like little boys. We do not accept being treated as if we were some tinpot country,” he added.
In a statement, he also called the Bolsonaro family “traitors” and “false patriots”. » | Tiago Rogero in Rio de Janeiro | Friday, May 29, 2026
Brazil will not be treated as a “tinpot country,” the country’s president, Luiz Inácio da Silva, said on Friday after the United States designated Brazil’s two largest criminal gangs, the First Capital Command (PCC) and the Red Command, as foreign terrorist organisations.
The announcement, made by Marco Rubio, the secretary of state, on Thursday, is being widely seen in Brazil as a setback for Luiz Inácio Lula da Silva, the president who had strongly opposed the designation – and a boost for Lula’s main challenger in October’s presidential election, the far-right senator Flávio Bolsonaro.
Chosen to run in place of his father, Jair Bolsonaro – the former president who is barred from running because he is in house arrest after being convicted of attempting a coup – Flávio spent this week in the US, where he met with Donald Trump and Rubio.
Lula said he was “very saddened” by the news that “the United States secretary, from North America, a certain Marco Rubio, said that our criminals here are terrorists and that Americans can intervene”, he said during a speech at an event in the state of Sergipe.
“We do not accept being treated like little boys. We do not accept being treated as if we were some tinpot country,” he added.
In a statement, he also called the Bolsonaro family “traitors” and “false patriots”. » | Tiago Rogero in Rio de Janeiro | Friday, May 29, 2026
Labels:
Brazil
"How Oligarchs Dominate Our Democracies": Northwestern Prof Jeffrey Winters on Book "The Blind Spot"
May 27, 2026 | We speak with political scientist Jeffrey Winters about his new book, The Blind Spot: How Oligarchs Dominate Our Democracies. Winters argues that democracy's failure to address wealth inequality is by design. While voters have a say on some issues, oligarchs, who succeed in maintaining economic inequality by fighting against wealth redistribution, have more power.
"Liberal democracies around the world are now among the most unequal societies ever to have existed in human history," says Winters.
Democracy Now! can be supported here.
"Liberal democracies around the world are now among the most unequal societies ever to have existed in human history," says Winters.
Democracy Now! can be supported here.
Labels:
democracy,
oligarchs,
wealth inequality
Anthropic Tops OpenAI to Become the World’s Most Valuable A.I. Start-Up
THE NEW YORK TIMES: Anthropic raised $65 billion in new fund-raising that put its value at $900 billion, ahead of OpenAI’s last valuation of $730 billion, as the companies duel for A.I. dominance.
Anthropic, once the lesser-known artificial intelligence competitor to OpenAI, has been on an inexorable rise over the past few months.
The San Francisco company recently dueled with the Pentagon over the use of A.I. in warfare. It released a powerful A.I. model, Mythos, that it said was uncannily capable of finding and exploiting hidden flaws in software. And the company advised Pope Leo XIV on his papal encyclical delivered on Monday, in which he warned about safeguarding humanity from A.I.’s most disruptive effects.
On Thursday, Anthropic punctuated its ascent by officially passing OpenAI as the world’s highest-flying A.I. start-up. Anthropic said it had raised $65 billion in financing that values it at $900 billion before the inclusion of the new capital, a deal that puts it ahead of OpenAI’s last valuation of $730 billion.
The company also unveiled a new flagship A.I. model, Claude Opus 4.8, which is significantly better than its predecessor at generating computer code.
The new investment, which was led by investors including Greenoaks Capital, Sequoia Capital, Altimeter Capital and Dragoneer Investment Group, boosted Anthropic’s value to nearly two and a half times its previous valuation of $380 billion about three months ago. » | Mike Isaac and Cade Metz | Reporting from San Francisco | Thursday, May 28, 2026
Anthropic, once the lesser-known artificial intelligence competitor to OpenAI, has been on an inexorable rise over the past few months.
The San Francisco company recently dueled with the Pentagon over the use of A.I. in warfare. It released a powerful A.I. model, Mythos, that it said was uncannily capable of finding and exploiting hidden flaws in software. And the company advised Pope Leo XIV on his papal encyclical delivered on Monday, in which he warned about safeguarding humanity from A.I.’s most disruptive effects.
On Thursday, Anthropic punctuated its ascent by officially passing OpenAI as the world’s highest-flying A.I. start-up. Anthropic said it had raised $65 billion in financing that values it at $900 billion before the inclusion of the new capital, a deal that puts it ahead of OpenAI’s last valuation of $730 billion.
The company also unveiled a new flagship A.I. model, Claude Opus 4.8, which is significantly better than its predecessor at generating computer code.
The new investment, which was led by investors including Greenoaks Capital, Sequoia Capital, Altimeter Capital and Dragoneer Investment Group, boosted Anthropic’s value to nearly two and a half times its previous valuation of $380 billion about three months ago. » | Mike Isaac and Cade Metz | Reporting from San Francisco | Thursday, May 28, 2026
Why Peter Thiel Is Decamping to the End of the World
THE NEW YORK TIMES: The billionaire’s new roots in Argentina are said to be partly motivated by concerns about the future of the United States and shared beliefs with Argentina’s right-wing leader.
This screenshot has been taken from this NYT article. | Peter Thiel, right, arriving for a meeting with President Javier Milei at the Casa Rosada Presidential Palace in Buenos Aires in April. | Matias Baglietto/Reuters
The Saturday tournament at the Buenos Aires chess club hosted its usual lineup of players, including an accountant, a college student and schoolchildren. But this time, hunched over the club’s tiny wooden tables with them, was a new entrant: Peter Thiel, the right-wing tech billionaire and Trump donor.
Mr. Thiel — who, according to one of the participants, “did not play badly” and came in third — had recently decamped from his homes in Los Angeles and Miami to establish a foothold thousands of miles away in Argentina’s capital.
Over the past two months, Mr. Thiel has met with the country’s president, Javier Milei, and his ministers; purchased a mansion in one of Buenos Aires’ most exclusive neighborhoods; and hosted a dinner with local economists where he discussed the Antichrist, one of his favorite conversation topics, according to Argentine officials and people familiar with Mr. Thiel’s activities.
Mr. Thiel, who has a history of collecting backup countries as he hedges his bets against the United States, is considering making Argentina another Plan B, according to two people familiar with his thinking. Born in Germany and raised in the United States, he received citizenship in New Zealand in 2011, and applied for a passport in Malta in 2022.
His new roots in Argentina are partly motivated by his concerns about the direction of the United States, the people familiar with his thinking say, particularly California, where an initiative on November’s ballot could lead to a significant tax on billionaires.
Argentina, a nation relatively insulated from potential conflicts in the Northern Hemisphere, also fits as a potential escape hatch from other risks that Mr. Thiel has publicly warned about — nuclear war and runaway artificial intelligence.
But Mr. Thiel has also been energized by what he’s discovered in Argentina, finding harmony with Mr. Milei’s libertarian slash-and-burn governance and becoming enamored with Buenos Aires’ vibrancy, the people said. They, and others familiar with the billionaire’s activities and discussions about the country, spoke on condition of anonymity to share private conversations.
Mr. Thiel did not respond to a request for comment. » | Emma Bubola and Ryan Mac | Emma Bubola reported from Buenos Aires, and Ryan Mac from Los Angeles. |Thursday, May 28, 2026
Leer en español.
The Saturday tournament at the Buenos Aires chess club hosted its usual lineup of players, including an accountant, a college student and schoolchildren. But this time, hunched over the club’s tiny wooden tables with them, was a new entrant: Peter Thiel, the right-wing tech billionaire and Trump donor.
Mr. Thiel — who, according to one of the participants, “did not play badly” and came in third — had recently decamped from his homes in Los Angeles and Miami to establish a foothold thousands of miles away in Argentina’s capital.
Over the past two months, Mr. Thiel has met with the country’s president, Javier Milei, and his ministers; purchased a mansion in one of Buenos Aires’ most exclusive neighborhoods; and hosted a dinner with local economists where he discussed the Antichrist, one of his favorite conversation topics, according to Argentine officials and people familiar with Mr. Thiel’s activities.
Mr. Thiel, who has a history of collecting backup countries as he hedges his bets against the United States, is considering making Argentina another Plan B, according to two people familiar with his thinking. Born in Germany and raised in the United States, he received citizenship in New Zealand in 2011, and applied for a passport in Malta in 2022.
His new roots in Argentina are partly motivated by his concerns about the direction of the United States, the people familiar with his thinking say, particularly California, where an initiative on November’s ballot could lead to a significant tax on billionaires.
Argentina, a nation relatively insulated from potential conflicts in the Northern Hemisphere, also fits as a potential escape hatch from other risks that Mr. Thiel has publicly warned about — nuclear war and runaway artificial intelligence.
But Mr. Thiel has also been energized by what he’s discovered in Argentina, finding harmony with Mr. Milei’s libertarian slash-and-burn governance and becoming enamored with Buenos Aires’ vibrancy, the people said. They, and others familiar with the billionaire’s activities and discussions about the country, spoke on condition of anonymity to share private conversations.
Mr. Thiel did not respond to a request for comment. » | Emma Bubola and Ryan Mac | Emma Bubola reported from Buenos Aires, and Ryan Mac from Los Angeles. |Thursday, May 28, 2026
Leer en español.
Labels:
Argentina,
Peter Thiel
May 28, 2026
États-Unis : l'administration Trump pousse pour un billet de 250 dollars à l’effigie du président
LE FIGARO : Un projet de loi qui permettrait à Donald Trump d’aller au bout de son projet a été présenté au Congrès en 2025 dans le cadre de l’anniversaire des 250 ans des États-Unis, objet de plusieurs évènements en juin et juillet. L’apparition d’une personne vivante sur un billet de banque est interdite depuis 1866.
L'Administration Trump fait pression pour que soit imprimé un billet de banque de 250 dollars à son effigie, ce qui serait une première dans l'histoire pour une personne vivante depuis plus de 150 ans, affirme Le Washington Post . Le projet s'inscrit dans une série de décisions visant à apposer l'empreinte de Donald Trump sur de nombreux bâtiments ou symboles des États-Unis, suscitant des accusations de culte de la personnalité. Le quotidien a interrogé des personnels actuels et anciens du Bureau de la gravure et de l'impression (BEP) de l'agence en charge de la monnaie nationale. » | Par Le Figaro avec AFP | jeudi 28 mai 2026
Quelle que soit la valeur du billet de banque sur lequel figure sa grimace, la demande pour ces billets restera faible. — © Mark Alexander
L'Administration Trump fait pression pour que soit imprimé un billet de banque de 250 dollars à son effigie, ce qui serait une première dans l'histoire pour une personne vivante depuis plus de 150 ans, affirme Le Washington Post . Le projet s'inscrit dans une série de décisions visant à apposer l'empreinte de Donald Trump sur de nombreux bâtiments ou symboles des États-Unis, suscitant des accusations de culte de la personnalité. Le quotidien a interrogé des personnels actuels et anciens du Bureau de la gravure et de l'impression (BEP) de l'agence en charge de la monnaie nationale. » | Par Le Figaro avec AFP | jeudi 28 mai 2026
Quelle que soit la valeur du billet de banque sur lequel figure sa grimace, la demande pour ces billets restera faible. — © Mark Alexander
Labels:
billets de banque,
Donald Trump
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