Newsweek January 20, 2023

2014 “In 2013, Jersey quietly rose to the top spot of the global rankings of offshore tax shelters,” wrote Newsweek as it covered class divisions and systemic child abuse on the Channel Island “known for warehousing nearly $2 trillion of the world’s wealth.” The magazine added, “while Jersey’s riches pile up, there is a growing perception among the island’s working class that there’s one set of rules for the haves and another for the have-nots.” Last year, to ease its housing crisis, the island’s parliament voted to exempt islanders from tax on rental income under £10,000 ($12,000) per year. 1978 “The growing presence of women at work is forcing men to revise their sexual stereotypes,” Newsweek said. “They are reassessing their priorities, their ideas about success, their notions of themselves as omnipotent husbands…

Supporters of Brazilian former President Jair Bolsonaro attack a vehicle of the Military Police during clashes outside Planalto Presidential Palace on January 8. Thousands of protesters stormed Brazil’s Congress, presidential offices and the Supreme Court, shattering windows and setting fires, trying to oust the newly inaugurated President Luiz Inácio Lula da Silva. Bolsanaro never officially conceded Silva’s November victory. His supporters believe the election was a fraud and demanded military intervention to remove Silva from office. Police have detained more than 1,200 rioters.…

IT WAS A BUSY YEAR FOR THE AUTO INDUSTRY. 2022 began with Ford F-150 Lightning buyers asking when they would get their electric trucks, as demand far outpaced supply. At the same time, the compact Ford Maverick sold out instantly and remains hard to find. GMC revealed the Sierra Denali EV, a counterpart to the Chevrolet Silverado EV. New electric vehicles (EVs) without a bed made the news, among them Lucid’s impressive Air sedan. Dodge introduced the first American electric muscle car, the Charger SRT Daytona. A host of Mercedes-EQ EVs hit the street. And while supply chain issues continued, EV infrastructure improved with several partnerships with charging companies. Home chargers became hot items. At year’s end, the Newsweek Autos team rounded up some of its favorite industry analysts from across…

WITH THE RINGING IN OF THE New Year comes the arrival of the nation’s nearly $858 billion defense spending package—a $45 billion increase over President Joe Biden’s budget request that lawmakers say will advance the U.S. “strategic competition with China and Russia.” After Congress spent a year questioning military officials and drafting the bill’s supporting elements, the annual “must-pass” National Defense Authorization Act (NDAA), which funds the Pentagon, made it through the Senate with just two weeks remaining in the 2022 congressional session. Eighty-three Senators voted in favor of the bill, while just 11 opposed it. One of those 11 was instrumental in putting the bill together: Democratic Senator Elizabeth Warren of Massachusetts. Warren serves on the Senate Armed Services Committee, which is responsible for drafting the legislation. As she has in…

“WE HAVE TO SAVE OUR FORESTS, OR WE’RE DONE.”—Forest ecologist Suzanne Simard“It’s going to stink for a while but I will fight with all I have got.”—TENNIS PLAYER MARTINA NAVRATILOVA ON CANCER“I want a family, not an institution.”—PRINCE HARRY“I hope that young women can connect with me and my journey, and maybe see a little bit of themselves in me.”—NICOLE MANN, NASA’S FIRST NATIVE AMERICAN ASTRONAUT“YOU’D BE SURPRISED HOW A.I. STRUGGLES WITH BASIC COMMON SENSE.”—Computer scientist Yejin Choi“My sins here are embellishing my resume.”— U.S. Representative-elect George Santos“IT IS ALSO ANOTHER STEP BY THE TALIBAN AWAY FROM A SELF-RELIANT AND PROSPEROUS AFGHANISTAN.”—Britain’s U.N. Ambassador Barbara Woodward on banning women from universities FROM LEFT: TIM CLAYTON/CORBIS/GETTY; PAUL HENNESSY/ANADOLU AGENCY/GETTY; MACARTHUR FOUNDATIONS…

MOST PEOPLE IGNORE THE electrical grid, until it stops working. When that happens, the disruption can be total, but most often is a matter of inconvenience—the lights go out, the internet goes down, there is no place to recharge a cell phone. But what if power did not return for days, weeks or months? And what if such a lengthy blackout engulfed not just a neighborhood or a county but a wide swath of the nation? The consequences, experts say, would be devastating. Many people would have no water to drink, no gas for their cars, no heat for their homes. They wouldn’t be able to cash a paycheck, use a credit card or call an ambulance. Food, vital medicines and other essentials would grow scarce because trucks would be unable…