Newsweek International 4/23-4/30/2021

This exciting weekly publication offers a clear combination of news, culture and thought-provoking ideas that challenge the smart and inquisitive. Our promise is to put the reporting back into the news.

United Kingdom
Newsweek UK Ltd
US$ 6,87
US$ 45,87
51 Edições

nesta edição

1 minutos
the archives

1969 After an EC-121 U.S. intelligence plane was shot down in the Sea of Japan by North Korea, Newsweek wrote that the “vast search at sea,” which even included aid from Russian ships, was a “rare exercise of international goodwill.” None of the 31 Americans aboard the plane survived. The incident marked President Nixon’s first major foreign crisis. Last month, North Korea tested both short range and ballistic missiles in the first launches since President Biden stepped into office. Biden responded to the show of force by stating the North Korea is a top foreign policy issue. 1981 There’s “a crisis of confidence in the public schools,” wrote Newsweek. “Growing numbers of parents are simply yanking kids out and paying to send them to private schools.” Today, roughly 10 percent of American Pre-K-12…

12 minutos
last-minute tax moves that pay off

PROCRASTINATORS, TAKE NOTE. WITH JUST OVER a month left before the recently-extended May 17 tax-filing deadline, you still have time to boost your refund by hundreds of dollars or more—or, if you’re among the unlucky few who owe money to Uncle Sam, cut your tax bill substantially. You just have to know the right moves. So far this year, about three out of four of the nearly 68 million households that filed a return have gotten a refund, averaging nearly $3,000. But chances are, you can do even better: While most tax-saving strategies ended when the calendar year did on December 31, not all did. “Just because 2020 is over doesn’t mean you’re out of luck,” says Birmingham, Michigan, financial planner Nicole Gopoian Wirick. “There are still tax planning opportunities available right…

7 minutos
what did ruth know and when did she know it?

IT’S WELL KNOWN THAT BERNARD Madoff, now serving a 150-year prison sentence for a nearly $65 billion Ponzi scheme, is one of the greatest swindlers of all time. It’s less well known that he also ran an honest and successful market-making business, that he was one of the fathers of the NASDAQ stock market and that he pioneered the practice of trading firms paying retail brokers for the right to execute their customers’ trades (Robinhood, for instance, the company in the middle of the run-up of GameStop and other stocks this winter, receives payments from trading firms for its customer order flow). And it’s also less well known that other people who have never been prosecuted made far more from Madoff’s crimes than he ever did and that authorities had…

2 minutos
q&a: jim campbell

Why another Madoff book? My interest was to present the first overall architecture of the scheme including the systemic failure that made it possible. I think people will be surprised by how much they don’t know about the story. I want it to stand as the definitive account. Hadn’t the Madoffs spoken to many other journalists before you? Compared to other journalists, I had the most extensive relationship with Bernie, by his admission. Ruth did speak briefly on 60 Minutes and with Laurie Sandell (author of 2011’s Truth and Consequences: Life Inside the Madoff Family) previously, but she told me she didn’t like doing it; that she was kind of forced into it by Andrew. She would not speak to anybody else besides me, something she has honored. You caught Madoff in a number…

8 minutos
looking back on “ping pong diplomacy”

IN 1971, A THEN 15-YEAR-OLD Judy Bochenski and the rest of the United States table tennis team went to Japan for the world championships. Near the end of the tournament, they received an invitation to visit China for an eight-day tour of the country and some exhibition matches. When the team crossed over from Hong Kong to the mainland on April 10, they became the first outsiders to visit Communist China since 1949. Now on the 50th anniversary of the event that kicked off “ping pong diplomacy” and with China-U.S. relations again tense, Bochenski (who now goes by her married name Judy Hoarfrost) recalls what she saw in 1971. Can you describe the moment when you first learned the U.S. table tennis team was invited to China? Sure. I was on the U.S.…

20 minutos
why we can’t end our endless wars

A PEACE AGREEMENT WITH THE TALIBAN and a May 1 deadline for American withdrawal of troops. A new pledge by President Biden to end the war. A Congressional step toward revoking the 20-year-old consent to use military force in Iraq. Talk, even, of rescinding the post-9/11 authorization to pursue Al-Qaeda. You might think America’s forever wars are finally coming to an end. They’re not—because everything we’ve learned from the past two decades at war has made it more difficult to actually end the wars. Though the new administration seems intent on ending America’s oldest war and there is growing fatigue over endless wars in the Middle East, and though the Pentagon is scrambling to refocus resources and attention away from counterterrorism to big war pursuits against the likes of Russia and China,…