A Cold War Era Dispute Between Venezuela and Guyana Complicates U.S. Relations
World

A Cold War Era Dispute Between Venezuela and Guyana Complicates U.S. Relations

It was the depths of the Cold War in the 1960s, and Caracas was on edge.Marxist guerrillas in Venezuela were getting weapons and training from Cuba’s Fidel Castro. Along Venezuela’s eastern border, anticolonial leaders in what was then British Guiana were agitating for independence.Alarmed that a Guyanese leader could create a Cuban beachhead in South America, Venezuela’s staunchly anti-Communist president, Rómulo Betancourt, came up with a strategy, which blunted the independence push: At the United Nations, his government resurrected a long-festering claim to more than half of Guyana’s territory.Now the dispute over Essequibo — an oil-rich, Guyanese region nearly the size of Florida — has flared back to life. This month, Venezuela’s president, Nicolás Maduro, unveiled new maps displaying...
Americans Are Signing Up for Obamacare in Record Numbers
Health

Americans Are Signing Up for Obamacare in Record Numbers

Why It Matters: The Affordable Care Act is expanding its reach.Despite a recent warning from former President Donald J. Trump, the front-runner in the race for the 2024 Republican presidential nomination, that he was “seriously looking at alternatives” to the Affordable Care Act, the latest surge in marketplace enrollment is a testament to the law’s enduring power.Legislation passed earlier in the Covid-19 pandemic increased federal subsidies for people buying plans, lowering the costs for many Americans. The Biden administration also lengthened the sign-up period and increased advertising for the program and funding for so-called navigators who help people enroll.“More and more people are realizing they can come onto the marketplace,” said Cynthia Cox, the director of the Program on the A...
Football conspiracy theories: Are we in a ‘golden age’ of fan paranoia?
Sports

Football conspiracy theories: Are we in a ‘golden age’ of fan paranoia?

One of the most eye-catching bios on X, or Twitter as we all know it, belonged to a sports writer with one of the UK’s biggest national newspapers. It was plain and simple and boiled down to five words: “Biased against your football club.”Which is true. If you’ve followed football for any length of time, then you know that every arm of the media is out to get the club you support. You should see The Athletic’s morning meetings where we plot against the teams we most want to stitch up (all of them, obviously). Just because you’re paranoid doesn’t mean we aren’t trying to get Mikel Arteta banned from the touchline. Or perpetuating bias in favour of London. Or scheming for more points deductions at Everton. It’s All the President’s Men meets 24.Truthfully, more attention is paid to the subsid...
New Jersey Deli Scheme Leads to Securities Fraud Guilty Plea
Technology

New Jersey Deli Scheme Leads to Securities Fraud Guilty Plea

A man involved in a brazen plot to manipulate the stock price of a New Jersey deli’s parent company pleaded guilty to securities fraud on Wednesday.James T. Patten, 64, of North Carolina, admitted to orchestrating a series of misleading trades in an apparent bid to enrich himself and two co-defendants in U.S. District Court in Camden, N.J.Mr. Patten faces up to 20 years in prison and a fine of up to $5 million for securities fraud. He also pleaded guilty to a charge of conspiracy to commit securities fraud, which carries a maximum sentence of five years in prison and a fine of up to $250,000.Mr. Patten’s lawyer, Ira Lee Sorkin, said in an interview on Wednesday that attention on the case “was exaggerated beyond any perception — that this was some $100 million fraud involving a delicatessen...
The Wrinkles in a Potential Warner Bros.-Paramount Merger
Business

The Wrinkles in a Potential Warner Bros.-Paramount Merger

The wrinkles in a potential media mergerMedia deal makers aren’t waiting until 2024 to get started on potential big-ticket M.&A.News that David Zaslav, the C.E.O. of Warner Bros. Discovery, expressed interest in combining with Paramount set tongues wagging about a possible union of Hollywood’s top deal candidates. But it’s unclear whether this will be the combination that gets completed, DealBook’s Lauren Hirsch and Michael de la Merced write.A deal could make sense. Their streaming platforms — Max and Paramount+ — are far smaller than Netflix or Disney+, so putting them together might create a more robust competitor. (Of note: Both companies own valuable sports streaming rights, which could help draw subscribers.)And it could give the united business more leverage in negotiations with...
Latest Israel-Hamas War and Gaza News: Live Updates
World

Latest Israel-Hamas War and Gaza News: Live Updates

Shooting missiles toward Israel and attacking ships sailing through the Red Sea, Yemen’s Houthi militia has been gaining popularity across the Middle East and building regional clout that could help expand its power at home, analysts say.The United States announced late Monday that a coalition of countries would seek to protect ships against the Iran-backed militia, hours after the energy giant BP said it had stopped sending tankers through the Red Sea, a vital shipping lane which has become an increasingly dangerous route because of Houthi drone and missile attacks.Across the Middle East, where the war in Gaza has left citizens seething with anger at Israel and the United States — and in some cases, at their own American-backed governments — people have hailed the Houthis as one of the fe...
Behind the Shortage Keeping Cancer Patients From Chemo
Health

Behind the Shortage Keeping Cancer Patients From Chemo

Stephanie Scanlan learned about the shortages of basic chemotherapy drugs this spring in the most frightening way. Two of the three drugs typically used to treat her rare bone cancer were too scarce. She would have to go forward without them.Ms. Scanlan, 56, the manager of a busy state office in Tallahassee, Fla., had sought the drugs for months as the cancer spread from her wrist to her rib to her spine. By summer it was clear that her left wrist and hand would need to be amputated.“I’m scared to death,” she said as she faced the surgery. “This is America. Why are we having to choose who we save?”The disruption this year in supplies of key chemotherapy drugs has realized the worst fears of patients — and of the broader health system — because some people with aggressive cancers have been ...
Sean Payton’s flare-up at Russell Wilson puts coach-QB relationship back in spotlight
Sports

Sean Payton’s flare-up at Russell Wilson puts coach-QB relationship back in spotlight

(Editor’s note: This is excerpted from Mike Sando’s Pick Six of Dec. 18, 2023.)Sean Payton blasting quarterback Russell Wilson on the sideline, then suggesting he was merely upset about officiating, invited all sorts of speculation.It’s hard to fault Payton for losing his cool when officials wiped out a Broncos touchdown with an offensive offside call that seemed indefensible. As one former head coach put it, officials have “lost their minds” searching for penalties associated with Philadelphia’s tush-push plays.It’s just difficult to understand why Payton would funnel any of that rage toward his quarterback.GO DEEPERSean Payton downplays sideline flare up with Russell WilsonThe nature of Payton’s relationship with Wilson faded into the background during a five-game winning streak fueled b...
Chinese Traders and Moroccan Ports: How Russia Flouts Global Tech Bans
Technology

Chinese Traders and Moroccan Ports: How Russia Flouts Global Tech Bans

Shortly after Russia invaded Ukraine last year, engineers at Convex, a Russian telecommunications company, needed to find American equipment to transmit data to the country’s feared intelligence service. But no gear was flowing in after Western nations imposed sweeping new trade limits on Russia.Convex’s employees soon found a solution.While Cisco, a U.S. tech provider, had halted sales to Russia on March 3, 2022, Convex’s engineers easily obtained the Cisco gear they needed through an obscure Russian e-commerce site called Nag, which had gotten around international trade restrictions by buying the American equipment through a web of suppliers in China.Convex engineers then visited the offices of Russia’s Federal Security Service, known as the F.S.B., in Yekaterinburg to install the gear t...
Wall Street’s Bond ‘Vigilantes’ Are Back
Business

Wall Street’s Bond ‘Vigilantes’ Are Back

Typically, the esoteric inner workings of finance and the very public stakes of government spending are viewed as separate spheres.And bond trading is ordinarily a tidy arena driven by mechanical bets about where the economy and interest rates will be months or years from now.But those separations and that sense of order changed this year as a gargantuan, chaotic battle was waged by traders in the nearly $27 trillion Treasury bond market — the place where the U.S. government goes to borrow.In the summer and fall, many investors worried that federal deficits were rising so rapidly that the government would flood the market with Treasury debt that would be met with meager demand. They believed that deficits were a key source of inflation that would erode future returns on any U.S. bonds they...