The Spider’s Web: Britain’s Second Empire
Michael Oswald’s film The Spider’s Web reveals how at the demise of empire, City of London financial interests created a web of secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British jurisdictions.
In The Race For Cheap Airfare, It’s You vs. The Machine
Travel providers now use artificial intelligence software to re-price their offerings, sometimes dozens of times a day, to maximize revenue. For business and leisure travelers, the result is a variation of the cat-and-mouse game, where travel companies are almost always the cat.
The Failure Of The Forever 21 Empire
If Forever 21 survives, it will be with fewer stores, fewer employees, and more manageable ambitions. But that more modest future likely depends on the Changs giving up control. If they don’t, Forever 21 may not have much of a future at all.
Ari Emanuel, WME, And The Great Hollywood IPO That Wasn’t
The entertainment industry’s reigning super-agent planned to put his firm—and the very power structure of Hollywood—on the line with an audacious, now scuttled public offering. With that future on hold and the likes of Netflix and Disney commanding more ground by the day, what’s an ambitious modern macher to do?
Buyers Club: The Network Providing People With Affordable Hepatitis C Medicine
In 2013, a cure was found for hepatitis C. It could save millions of lives, but its price tag of between $40,000 and $84,000 for 84 pills puts it far out of most patients’ reach. Greg Jefferys defied the US pharmaceutical company that holds the patent to set up a worldwide supply network for the generic version.
How Earth Would Look If All The Ice Melted
As National Geographic showed us, sea levels would rise by 216 feet if all the land ice on the planet were to melt. This would dramatically reshape the continents and drown many of the world’s major cities.
The Quick And Ubiquitous Economics Of Bodegas
Whether you’re cruising in for a six-pack, or you live in the big city and depend on your corner store for, well, just about everything, they’ve usually got you covered. But how do they survive selling nothing but inexpensive merchandise?
Money Laundering: The Art Of Cleaning Dirty Money
Money laundering is the lifeblood of our profession of organized crime. Without it, there’s no point in committing crimes in the first place if the money we get isn’t usable. Here’s how money laundering works.
The Diamond Cartel: History’s Greatest Monopoly
A cartel is a group of companies coming together to fix the price of a product. Like how major oil countries come together as the cartel OPEC, to fix the price of crude oil, except with a diamond. Once these locals catch on to how profitable the diamond trade is, they’ll started trading diamonds and smuggling it.
Barilla Pasta’s Turnaround From Homophobia To National Pride
After chairman Guido Barilla rebuked gay families on national radio, his CEO spent five years cleaning up the company’s reputation. Barilla transformed from a pasta giant that would never feature homosexuals in its campaigns into one that sells spaghetti in homoerotic packaging.
La Linea, Europe’s Narco City
La Linea is a Spanish coastal city built on the drug trade. Smugglers and policemen often come from the same street. Off the Grid met people on both sides of the divide.
Ripples Of Time Sand Clock By Studio Ayaskan
The Ripples of Time Sand Clock allows natural materials to be shaped by time, reminding us of its presence. The installation consists of two complementary clocks; Sand and Water. Sand, inspired by Zen Gardens, is the gradual formation and flattening of a ripple pattern over a period of twelve-hour cycles.
How Rwanda Is Becoming The Singapore Of Africa
Rwanda is now the 15th fastest growing economy in the world as its government has set out a clearly defined mission—they want to become the Singapore of Africa. To understand what this means, though, you have to understand what Singapore is.
How A Single Mom Created A Plastic Food-Storage Empire
The story of Tupperware is a story of innovation and reinvention: how a new kind of plastic, made from industrial waste material, ended up a symbol of female empowerment. The product ushered women into the workforce, encouraging them to make their own money, better their families, and win accolades and prizes.
Life Against The Odds In Australia’s Underground Town
Coober Pedy is at the center of Australia’s opal mining industry. Now the town, where 60% of its residents live underground, is becoming a leader in sustainable living.
“Vert”, Short Film About Unearthing A Husband’s Secret Through VR
Emelia and Jeff are an open-minded couple celebrating their 20th wedding anniversary by venturing into the virtual reality world of ‘Vert’ together. Vert presents them with a character that is their ‘ideal self’ and what is supposed to be re-awakening for them as a couple becomes the unearthing of Jeff’s secret.
3D Printing Homes For The Homeless In Austin
ICON, the 3D-printing construction company, has partnered with Mobile Loaves & Fishes (MLF) to build 3D-printed homes in Austin. The only neighborhood of its kind in the nation, Community First! Village provides affordable, permanent housing and a supportive community for men and women coming out of chronic homelessness.
Zaha Hadid Architects’ Giant Starfish-Shaped Airport Opens In Beijing
Zaha Hadid Architects has completed Beijing Daxing International Airport, a five-pronged building that is one of the largest passenger terminals in the world. Designed by the late Zaha Hadid and current studio principal Patrik Schumacher, the 700,000-square-metre airport to serve Beijing has been designed to be as compact as possible.
Why Babies Can’t Drink Water
While drinking ample amount of water is generally good health practice for adults, it can be deadly for newborn babies. It turns out, just a few ounces of water can be too much for an infant to handle, resulting in water intoxication that can even be fatal.
How Vladimir Putin Spends His Billions
Because of the shadowy nature of Russian economics, some even believe that Vladimir Putin is the wealthiest man on the planet, with a net worth in excess of 200 billion dollars. But most headlines focus on his high-profile international disputes and subterfuge. How does he spend his billions?