Moisés Naím / El Pais
Last year, global military spending surged by nearly 7%, marking the largest increase since 2008, according to researchers at the Stockholm International Peace Research Institute. Collectively, governments expended over $2.4 trillion on military personnel, equipment and weaponry. That is 2.4 million times a million dollars.
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Moisés Naím / El Pais
On the fateful morning of August 6, 1945, the United States dropped a bomb that obliterated the Japanese city of Hiroshima. Three days later, Nagasaki suffered the same fate. The Japanese Empire realized that without surrender, its territory would be devastated. Thus, 24 days after the bombing of Nagasaki, the Emperor signed the unconditional surrender of Japan.
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Moisés Naím / El Pais
His name is Leonard Glenn Francis, but everyone called him Fat Leonard. His company, Glenn Defense Marine Asia, made him very wealthy. His business was supplying — food, fuel, etc. — to U.S. Navy ships in Asian ports. Fat Leonard became good friends with the American admirals and captains who went to his parties. He was a generous host, and everybody knew that his already large fortune continued to grow.
Something similar happened with Alex Saab. He is a key financial operator for Nicolás Maduro and his associates worldwide. Saab started with a small trucking company in Colombia but moved to Caracas and quickly gained the trust of influential players in the Bolivarian Revolution. Relying on his new friends, he began to launch increasingly ambitious business schemes.
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Moisés Naím / El Pais
Earthquakes are geological surprises and human tragedies. They produce enormous suffering and massive damage. But they also reveal hidden truths about the deepest recesses of the planet. For scientists, an earthquake opens up a window into what’s happening under the earth’s crust.
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