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Forbes

June 30, 2019

Whether it’s reporting on the “next Facebook” or scrutinizing a new tax law, Forbes covers stories with uncanny insight and conciseness that hurried business folks appreciate. Get Forbes Digital Magazine Subscription today for rigorous, to-the-point business analysis.

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14 Números

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access_time4 min.
forbes

CHAIRMAN AND EDITOR-IN-CHIEF: STEVE FORBES; CEO AND PRESIDENT: MICHAEL FEDERLE EDITORIAL RANDALL LANE, Chief Content Officer Director, Editorial Operations: Caroline Howard; Executive Editors: Kerry Lauerman, Michael Noer Assistant Managing Editors: Frederick E. Allen, Jessica Bohrer (Editorial Counsel), Kerry A. Dolan, Luisa Kroll, Laura Mandaro, Janet Novack, Michael Ozanian, Matt Schifrin, Michael Solomon, Alex Wood Senior Editors: Susan Adams, Dan Alexander, Kurt Badenhausen, Steven Bertoni, Abram Brown, Dawn Chmielewski, John Dobosz, Zack O’Malley Greenburg, Christopher Helman, Alan Ohnsman, Susan Radlauer (Research), Jennifer Rooney, Tina Russo-McCarthy, Nathan Vardi, Merrill Vaughn Deputy Editors: Rob Berger, Jeremy Bogaisky, Anne Glusker, Brett Knight, Iain Martin, Andrea Murphy, Helen A.S. Popkin, Chuck Tannert, Halah Touryalai, Taesik Yoon; Associate Editors: Ashlea Ebeling, Julius Juenemann, Alex Knapp, Alexander Konrad, Maggie McGrath, Chase Peterson-Withorn, Vicky Valet Staff Writers: Thomas Brewster, Biz Carson, Michael del Castillo, Lauren…

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what experts miss about power

Historians and pundits routinely overlook the fundamental importance of monetary policy and taxation in the rise and fall of great powers. They churn out countless books on strategy, growing or declining economic strength, weapons systems, diplomatic machinations and the like. But rarely do they examine the critical role of money and taxes in the fate of nations. Proposed appointments to the Federal Reserve and the Treasury Department, for instance, never prompt the media to elicit comments from national security experts. Keep this basic truth about money and taxes in mind as the White House focuses on the necessity of rebuilding our rundown military and countering the aggressive, anti-American thrusts of Russia, China and Iran. If the U.S. is to constructively play a keep-the-world-stable role, it must have a sound dollar and a…

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restaurants: go, consider, stop

• mamo 323 West Broadway, between Grand & Canal streets (tel.: 646-964-4641) Executive chef Salvatore Marcello’s delicious and unique creations make this Italian and Provençal restaurant a place to go. Start with the roasted cauliflower Romanesco, the endive salad tossed with seared tuna or the fried artichoke cacio e pepe. Perfect midcourse choices: crispy-crusted pizze focaccia al tartufo with Parmesan and fresh truffles or the MAMO meatball served on polenta. For pasta try the capelli d’angelo tossed with tiny shrimp and dusted with pistachios, or for lighter fare there’s a seared cod in a lemon caper butter sauce. For dessert choose the rich chocolate mousse or the creamy panna cotta. • Bistro Pierre Lapin 99 Bank St. (tel.: 212-858-6600) Peter Rabbit would feel right at home in this new, cozy French bistro with its bold…

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artist, icon, billionaire

WHAT’S NEW WHO’S NEXT INSIDE JAY-Z’S FORTUNE $310 MIL Armand de Brignac $100 MIL D’Ussé $100 MIL Tidal $70 MIL Uber $150 MIL cash & investments $75 MIL Roc Nation $75 MIL music catalog $70 MIL art collection $50 MIL property, net of mortgages TOTAL: $1 BILLION Nine years ago, two unlikely lunch partners sat down at the Hollywood Diner in Omaha, Nebraska. One, Warren Buffett, was a regular there. The other, Jay-Z, was not. The billionaire and the rapper ordered strawberry malts and chatted amiably, continuing the conversation back at Buffett’s Berkshire Hathaway offices. Buffett, then 80, walked away impressed with the artist 40 years his junior: “Jay is teaching in a lot bigger classroom than I’ll ever teach in. For a young person growing up, he’s the guy to learn from.” This moment, which was originally captured in our 2010 Forbes 400…

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world of forbes

ANGOLA Three-year-old delivery startup Tupuca is expanding beyond the capital, Luanda; its “motor boys” schlep everything from medicine to restaurant orders. ARGENTINA Cristina Fernandez de Kirchner’s possible return to power worries investors like BlackRock’s Latin America chief Armando Senra. Says Senra, “Any electoral change that reverses the reforms will have a negative impact on Argentina’s economic recovery.” BRAZIL The country’s 30 Under 30 list includes Kim Kataguiri, 23, whose Tea Party-like Free Brazil Movement helped oust President Dilma Roussef. CHINA On the cover: LVMH’s Greater China group president draws back the curtain on the mainland’s most fashionable city. CYPRUS Restaurant king Lysandros Ioannou aggressively expanded through a 2013 financial crisis, bringing in U.S. franchises like Pizza Hut, KFC and Burger King. CZECH REPUBLIC Energy billionaire Daniel Kretinsky is now investing in retail and media (French daily Le Monde). EGYPT Sisters Aya and Mounaz…

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the fastest airlines

For our new Airline Efficiency Index, we estimated the minimum repeatedly achievable gate-to-gate time for the ten major carriers on every domestic route they flew in 2018, then ranked them by how close each flight got to that minimum. Want an airline that reliably gets you to your destination the fastest? Fly Hawaiian. Bonus: You’ll then be in Hawaii. MOST EFFICIENT 1. Hawaiian Airlines Minutes Above Minimum 10.6 2. Southwest 12.5 3. Allegiant 14.2 LEAST EFFICIENT 8. United 19.3 9. American 20.2 10. Alaska 20.7 Source: Aerospace Engineering and Research Associates. BUY, HOLD, SELL BY CHRISTIAN KREZNAR; FRED TANNEAU/AFP/GETTY IMAGES; MARTYN GODDARD/GETTY IMAGES; FINE ART IMAGES/NEWSCOM; OLEKSIY MAKSYMENKO/ALAMY; OLEKSIY MAKSYMENKO/ALAMY; CAR CULTURE/GETTY IMAGES…

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