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Legalizing pot didn’t kill the black market, it created a marketing department for it

The marijuana legalization movement sold Americans a simple promise: legalize cannabis, regulate it, tax it, and the black market would disappear. That promise has failed spectacularly. Today, illegal marijuana dealers remain active across California and throughout the nation.

Fox News 2d ago

Hong Kong leader’s visit set to unlock Kazakh flights, with incentives eyed

A lack of direct flights has been a bugbear to Hong Kong and Kazakhstan forging closer ties but with the city’s leader now in Astana and hints of incentives on the table, hopes are rising for a breakthrough. It is understood that a Hong Kong-based airline is now exploring launching such flights up to three times a week, but the details are being ironed out. Asel Suankulova, managing director of Kazakh Invest’s Investment Promotion and Marketing Department, told the South China Morning Post...

South China Morning Post 8d ago

The need for a socialist planned economy (2021)

This article is a transcript of the presentation given by Vincent R. Beaudoin at Fightback’s Marxist Winter School 2021. When the Soviet Union collapsed in 1991, Francis Fukuyama told us that this was evidence of the failure of the planned economy and the success of the capitalist market economy, and that it represented the end of history. In October 2018, however, he changed his mind.

Hacker News 10d ago

India-US trade talks to resume on June 1 as both sides push to finalise interim pact

Trade negotiations between India and the United States are set to gain momentum, with senior officials from both countries beginning a four-day meeting in New Delhi on Monday to work out the final details of an interim trade agreement. The US delegation will be led by chief negotiator Brendan Lynch, while India will be represented by Darpan Jain, additional secretary in the department of commerce and the country's chief negotiator for the talks. According to the commerce ministry, the...

Times of India 10d ago

'All major issues settled': Centre's big update on US-India trade deal

India and the United States are inching closer to signing the first tranche of the proposed bilateral trade agreement, with most of the key details already settled, commerce and industry minister Piyush Goyal said on Monday. His remarks came as a high-level US delegation arrived in New Delhi for a fresh round of negotiations. Speaking about the ongoing discussions, Goyal said members of the US negotiating team had already begun arriving in India ahead of meetings scheduled for June 2, 3 and 4.

Times of India 9d ago

The back-channel bid to go soft on Maduro

When Marco Rubio was named secretary of State, many in both South Florida Republican circles and the American energy industry exulted. But one man who bridged both worlds knew he had a problem. A longtime investor in Venezuela, the main source of crude oil needed to produce the asphalt that had made his family rich, Harry Sargeant III kept relations with top officials in Caracas even as they seized most foreign oil holdings.

Politico EU 2d ago

Why China keeps North Korea's economy alive

Why China keeps North Korea's economy alive June 1, 2026North Korea runs one of the most bizarre economies on the planet. Despite being one of only a handful of nations with nuclear weapons, its 2024 gross domestic product (GDP) was a paltry $26.6 billion (€22.9 billion). This is about 70 times smaller than South Korea's $1.86 trillion economy and about a fifth of the annual revenue of the world's top-traded company, NVIDIA.

Deutsche Welle 9d ago

How China keeps North Korea's economy alive

How China keeps North Korea's economy alive June 1, 2026North Korea runs one of the most bizarre economies on the planet. Despite being one of only a handful of nations with nuclear weapons, its 2024 gross domestic product (GDP) was a paltry $26.6 billion (€22.9 billion). This is about 70 times smaller than South Korea's $1.86 trillion economy and about a fifth of the annual revenue of the world's top-traded company, NVIDIA.

Deutsche Welle 9d ago

Currys promotes former shop assistant as its new chief executive

Currys promotes former shop assistant as its new chief executive Current chief Alex Baldock previously announced he would step down from the firm - Bookmark - CommentsGo to comments Currys has appointed Fredrik Tonnesen, boss of its Nordics business, as its new chief executive - 20 years after he first joined the company as a shop assistant. He will take the top job at the electronics retailer from early August, having led the Nordics operation's turnaround. The move follows current chief...

The Independent UK 7d ago

Reformer or ringleader: A decade on, What is Infantino's legacy as FIFA president?

GIANNI INFANTINO CELEBRATED HIS ELECTION as FIFA president in February 2016 by buying beers for journalists in the bar of a hotel in Cardiff, Wales. After the previous regime of Sepp Blatter had been brought down by bribery and corruption, Infantino was soccer's new man of the people: approachable, engaging and ready to restore the game's reputation. Ten years on, the Swiss-Italian lawyer is the most powerful man in the game.

ESPN 7d ago