Drones and missiles can’t solve America’s drug problems

Drones and missiles can’t solve America’s drug problems
A bucketful of addicts' syringes collected in Seattle. (Image: Getty)
Bloomberg
By Eduardo Porter Three decades ago, Mexican farmers could sell their corn at about US$415 (NZ$700) per ton, on average, in today’s dollars. It didn’t make for much of a living. Roughly four in 10 agricultural workers at the time made less than the minimum wage, equivalent to US$1.40 (NZ$2.36) an hour in 2023 dollars. Corn growers – just shy of a third of the total – were near the bottom of that pile.Then the North American Free Trade Agreement (Nafta) came about. Over the next 15 years, Mexican tariffs on corn...

More Bloomberg

Singapore becomes hot spot for M&A bankers hunting Asia deals
Finance

Singapore becomes hot spot for M&A bankers hunting Asia deals

The island is a magnet for parties interested in mergers and acquisitions.

Bloomberg 28 Jun 2024
Wall St backers see breakthrough moment for carbon offsets
Climate change

Wall St backers see breakthrough moment for carbon offsets

Promoters' big wins include Biden administration's blessing of the credits.

Bloomberg 22 Jun 2024
Nvidia’s rise to US$3 trillion fuels ‘Jensanity’ in the tech world
Technology

Nvidia’s rise to US$3 trillion fuels ‘Jensanity’ in the tech world

At Computex, cheering, chanting fans followed the billionaire everywhere.

Bloomberg 15 Jun 2024
Google's AI keeps hallucinating. Does anyone care?
Technology

Google's AI keeps hallucinating. Does anyone care?

Complacency over AI errors will only make the search experience worse.

Bloomberg 02 Jun 2024