Jakarta is the world’s fastest sinking city. But the Indonesian government’s plan to move the capital 800 miles away risks draining the country’s resources and damaging its reputation as investors pull out of the $33 billion project.
The announcement is the latest escalation of rhetoric from Washington urging Maduro to step aside since last weekend, when polling data indicated he was trounced by his challenger, Edmundo González.
An antitrust verdict against the NFL that resulted in an award of $4.7 billion in damages to customers of the league’s “Sunday Ticket” TV package was overturned.
Intel plans to lay off thousands of employees this year and pause dividend payments in the fourth quarter as part of a broad cost-saving drive more than three years into a turnaround effort.