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In 2018, a Guatemalan court ruled that the army committed acts of genocide, but no one was convicted. Lucas García, 91, was meant to face trial this year with former military intelligence chief Manuel Callejas y Callejas. Robert Nickelsberg/Archive Photos/Getty ImagesBurt said this “expression of racism is extremely profound,” and its knock-on effects are evident in Guatemala today. Survivors from the civil war gather outside the Supreme Court, prior to a hearing in the Ixil Genocide trial, in Guatemala City, Guatemala March 25, 2024. When the trial was due to start at the end of March, Lucas García’s lawyers announced their resignation.
Persons: CNN — Juan Brito López, Brito López, Manuel Benedicto Lucas García, Lucas García, Benedicto Lucas Garcia, Johan Ordonez, Lucas García’s, AJR, Fernando Romeo Lucas García, “ Lucas García, Manuel Callejas y, Callejas, Jesús Silvio, Romeo Lucas García’s, ” Jo, Marie Burt, , Robert Nickelsberg, Burt, Efrain Rios Montt, Tiziano Breda, Claudia Paz y Paz, CICIG, ” Silvio, ” Will Freeman, Cristina Chiquin, Bernardo Arévalo, Public Ministry –, Consuelo Porras ­­, hasn’t, Michelle Liang, , Brito López’s, Catarina Chel, tormenter, Silvia, ” CNN’s Tara John, Ivonne Valdés Organizations: CNN, United, Getty, Association for Justice, Reconciliation, Human, Washington Office, UN, Guatemalan Army, , Central American, International, Commission, Council, Foreign Relations, Reuters CNN, Public Ministry, US, Network, Solidarity, ” CNN Locations: Pexla, Guatemala City, United Nations, Guatemalan, Guatemala, America, , Santa Cruz de Quiche, of Guatemala, New York, Mexico City
Circuit Judge Consuelo Callahan, another Bush appointee, dissented, saying the state had not shown a likelihood of success on appeal. Plaintiffs challenging the law in court included Kim Rhode, who has won three Olympic gold medals in shooting events, and the California Rifle & Pistol Association. California voters had in 2016 approved a ballot measure requiring gun owners to undergo initial background checks to buy ammunition, and pay $50 for a four-year ammunition permit. Legislators amended the measure to require background checks for each ammunition purchase, starting in 2019. Benitez in his decision rejected California's reliance on dozens of laws dating back to 1789 as "historical analogues" for ammunition checks and said the law had "no historical pedigree."
Persons: Richard Clifton, Nate Raymond, Roger Benitez, Benitez, George W, Bush, Holly Thomas, Joe Biden, Consuelo Callahan, Rob Bonta, Kim Rhode, Chuck Michel, Benitez's Jan, Miral Fahmy Organizations: Reuters, Circuit, U.S, District, Democratic, Republican, Democrat, Plaintiffs, California, New York Locations: California, San Diego, New, Boston
The decision has appalled the family, and those in the Jewish community. Spain's leading Jewish organization has long supported the family's legal fight to wrest the painting from the Spanish museum that holds it. AdvertisementThe museum, for its part, welcomed the US court's decision, while declining to comment on the views of the Jewish community in Spain. Californian law doesn't give owners rights over stolen goods. But in Spain, if you buy stolen goods in good faith, you have stronger claims.
Persons: , Spain's, Bernardo Cremades, Lilly Neubauer, Camille Pissarro, Neubauer, Baron Hans Heinrich Thyssen, We've, Cremades, Francisco Franco, Cornelis van der, Ramón, Ernest Urtasun, Consuelo Callahan Organizations: Service, Business, Federation of Jewish Communities, Federation of Young, Saint, Guardian, Museo Nacional Thyssen, Bornemisza, Los Angeles Times, Circuit, Appeals, Spanish, El, BI Locations: California, Spain, Germany, Spanish, Bornemisza, Madrid, Basque
WHO IS GUATEMALA'S ATTORNEY GENERAL? She first became attorney general in 2018 with the support of then-President Jimmy Morales, replacing Thelma Aldana. With a doctorate in law, Porras' reputation was hit by a plagiarism scandal during her first term as attorney general. During Giammattei’s time as president, Porras left many accusations against him uninvestigated, including a corruption scandal involving COVID-19 vaccines. Now, the attorney general can be removed only for a conviction for a malicious offense.
Persons: Bernardo Arévalo, Consuelo Porras, Arévalo, Porras, Luis Almagro, Jimmy Morales, Thelma Aldana, Alejandro Giammattei, Arévalo’s, , Claudia Paz y, ” Paz y Paz, , Paz y Paz, Juan Francisco Sandoval, Paz y, , Sandoval Organizations: GUATEMALA CITY, WHO, United, Organization of American, U.S, Party, Claudia Paz y Paz, Porras, Paz y Paz Locations: GUATEMALA, American, United States, Organization of American States, America, United Nations
GUATEMALA CITY (AP) — Guatemala's new president, Bernardo Arévalo, was left with huge challenges Monday after he was finally sworn into office, including his party's lack of recognition in a Congress where he would not have a majority anyway. “There cannot be democracy without social justice, and social justice cannot prevail without democracy,” Arévalo said in his first speech as president, referring to the young and Indigenous Guatemalans. It was an important gesture by Arévalo, who was criticized last week for including only one Indigenous person in his Cabinet. A progressive academic-turned-politician and son of a Guatemalan president credited with implementing key social reforms in the mid-20th century, Arévalo made confronting Guatemala’s entrenched corruption his main campaign pledge. Outgoing President Alejandro Giammattei, who was widely criticized for eroding the country’s democratic institutions, did not attend the inauguration.
Persons: , Bernardo Arévalo, Arévalo, General Consuelo Porras, ” Arévalo, Porras, Guatemala’s, , , Alejandro Giammattei, Arévalo's, Manuel Perez, ” Prosecutors, Washington, Antony Blinken Organizations: GUATEMALA CITY, Attorney, Lawmakers, Central, la Constitucion, Guatemalan, , Arévalo’s, Prosecutors, Seed, European Union, Organization of American, U.S Locations: GUATEMALA, Guatemala, Central American, U.S, America
GUATEMALA CITY (AP) — Bernardo Arévalo was sworn in early Monday as Guatemala’s new president. He’s considered a political moderate with a background in conflict resolution, skills that should serve him well in Guatemala’s current polarization. WHO IS GUATEMALA’S NEW PRESIDENT? Political Cartoons View All 253 ImagesArévalo is the 65-year-old son of former Guatemalan President Juan José Arévalo. The poorest are also the most vulnerable to the intensifying drought and flood cycles made worse by climate change.
Persons: — Bernardo Arévalo, He’s, Juan José Arévalo, Arévalo, Bernardo Arévalo, Jacobo Árbenz, hadn't, , General Consuelo Porras, , Porras Organizations: GUATEMALA CITY, WHO, CIA, Seed Movement Locations: GUATEMALA, Congress, Uruguay, U.S, Guatemala, Israel, Netherlands, Spain, Geneva, Central America, United States
Bernardo Arévalo’s election victory has been upheld by Guatemala’s electoral court, and the U.S. government and Congress have backed the results. Photo: Johan Ordonez/Agence France-Presse/Getty ImagesBernardo Arévalo is set to take office Sunday as president of Guatemala with pledges to tackle the corruption and poverty that have fueled a wave of migration to the U.S., but an open confrontation with the country’s judiciary risks putting his plans in jeopardy. The 65-year-old center-left sociologist has been locked in a monthslong tussle for power with the country’s establishment since emerging as a surprise front-runner in last year’s election campaign. His win in August has been marked by allegations of fraud against him and his party leveled by Guatemalan Attorney General Consuelo Porras and several prosecutors.
Persons: Bernardo Arévalo’s, Johan Ordonez, Bernardo Arévalo, Consuelo Porras Organizations: U.S, Congress, Agence France, Getty, Guatemalan Locations: Guatemala, U.S
GUATEMALA CITY (AP) — Guatemalan President-elect Bernardo Arévalo is scheduled to be sworn into office Sunday afternoon. But just like almost every day since his resounding Aug. 20 election victory, the inauguration will be tinged with doubts and tensions. The still-serving Attorney General, Consuelo Porras, has tried every legal trick in the book to put him on trial or in jail before he takes office. And Arévalo’s Seed Movement party will not have a majority in Congress, and may not even have formal recognition there. Under Porras, the country’s prosecutors and judges who led that effort have become targets, forcing dozens to flee the country or be arrested.
Persons: Bernardo Arévalo, Consuelo Porras, , Arévalo, Porras, Karin Herrera, Brian A, Nichols Organizations: GUATEMALA CITY, , Central, la Constitucion, Prosecutors, Arévalo’s, Constitutional, European Union, Organization of American, United Locations: GUATEMALA, — Guatemalan, Central American, United States, U.S
The attorney general has tried to strip Arevalo and his Vice President-elect Karin Herrera of legal immunity, suspend his Semilla party and annul the election. "Problems are not over for Arevalo," said Roberto Alejos, former Guatemalan Congressional and political analyst. Giammattei's conservative Vamos party and UNE, the party of former first lady Sandra Torres who Arevalo defeated in the election hold a combined greater power. The government of Arevalo and Herrera will have to carefully balance demands by the United States to stem migration amid record-high remittances that keep the local economy afloat. After winning the presidency, Arevalo said he will expand relations with China, which could imply a change in policy for Guatemala's diplomatic ties with Taiwan, a move that could anger the United States.
Persons: Bernardo Arevalo, Alejandro Giammattei, Arevalo's, Arevalo, Karin Herrera, Roberto Alejos, Sandra Torres, Ana Maria Mendez, Consuelo, Porras's, TAIWAN Arevalo, Juan Jose Arevalo, Herrera, Sofia Menchu, Diego Ore, Cassandra Garrison, Diane Craft Organizations: Sofia Menchu, Sofia Menchu GUATEMALA CITY, Arevalo, Guatemalan Congressional, Washington Office, American Affairs, TAIWAN, Central, Reuters Locations: Sofia, Sofia Menchu GUATEMALA, Guatemalan, Guatemala, Central America, Arevalo, United States, CHINA, China, Taiwan, Guatemala City
Reuters —A US appeals court said on Tuesday that Madrid’s Thyssen-Bornemisza museum may keep a painting by the French impressionist Camille Pissarro that the Nazis looted from a Jewish woman, rejecting an ownership claim that her heirs have pursued for more than two decades. The 3-0 decision by the 9th US Circuit Court of Appeals in Pasadena, California, came in one of the oldest Nazi art theft cases, which began in 2005 and reached the US Supreme Court two years ago. After learning where the painting was, Neubauer’s grandson, Claude Cassirer, petitioned for its return in 2001, and sued four years later. The painting (far right) on display at Madrid's Thyssen-Bornemisza museum, which acquired the work in 1993. The decision came two years after the Supreme Court threw out an earlier 9th Circuit decision because it misapplied choice-of-law rules.
Persons: Madrid’s Thyssen, Camille Pissarro, , “ Rue Saint Honore, pluie, Rue, Rue Saint Honore, Lilly Neubauer, Thyssen, Baron Hans Heinrich Thyssen, Neubauer’s, Claude Cassirer, David, Madrid's Thyssen, Susana Vera, Judge Carlos Bea, Consuelo Callahan, , Spain’s, Thaddeus Stauber Organizations: Reuters, 9th, Supreme Court, “ Rue Saint, Rue Saint, Bornemisza, United Jewish Federation of San Locations: Bornemisza, Pasadena , California, Paris, Nazi Germany, United Jewish Federation of San Diego County, California, Spain, Nazi
A US court said Spain could keep a priceless painting looted by the Nazis from its Jewish owner. The Spanish-backed nonprofit didn't know the painting was looted when it bought the collection, the judges said, giving it a stronger claim within Spanish law. Advertisement"Under California law the plaintiffs would recover the art, while under Spanish law they would not," they wrote. "Thus, Spanish law must apply." It argued that neither the Spanish state-backed nonprofit nor Thyssen-Bornemisza knew the painting was stolen when he bought it.
Persons: , Lilly Neubauer, Camille Pissarro's, Neubauer, Baron Hans Heinrich Thyssen, Bornemisza, Claude Cassirer, Sam Dubbin, Spain's, Consuelo Callahan Organizations: Service, Saint, Business, Madrid's, Nacional Thyssen, Guardian, Madrid's Museo Nacional Thyssen, US, Appeals, Art, Los Angeles Times, Thyssen, Times Locations: Spain, Germany, Paris, Pissarro's, Spanish, California
GUATEMALA CITY (AP) — Guatemala’s Attorney General’s office formally requested Friday that President-elect Bernardo Arévalo and others be stripped of their immunity so it can investigate them for allegedly encouraging the student occupation of the country’s only public university. Sánchez formally requested that immunity be lifted for Arévalo, Vice President-elect Karin Herrera, three lawmakers and a deputy-elect from the Seed Movement. Stripping them of immunity allows prosecutors to pursue a formal investigation. Among the crimes prosecutors plan to pursue against Arévalo and others in the new case are exploitation of cultural assets, influence peddling and illegal association. A judge suspended the party at prosecutors’ request.
Persons: , Bernardo Arévalo, Ángel Saúl Sánchez, Sánchez, Karin Herrera, Arévalo, Walter Mazariegos, General's, Alejandro Balsells, doesn’t, ” Balsells, Consuelo Porras, Alejandro Giammattei Organizations: GUATEMALA CITY, Cultural, Arévalo’s, Movement, Seed, San Carlos University, U.S . State Department, U.S ., United Nations, Organization of American, Arévalo, Observers Locations: GUATEMALA, Guatemala
‘The Buccaneers’ Arrives With More Arrivistes
  + stars: | 2023-11-08 | by ( Chris Vognar | ) www.nytimes.com   time to read: +2 min
“The girls’ mothers are coming over to London in order to effectively sell their girls into the aristocracy,” Katherine Jakeways, the series’s creator, said in a video interview from her London home. “And the aristocracy are welcoming them with open arms because they’ve got roofs to mend.”Added Beth Willis, an executive producer, from her home in Scotland: “How lonely that would be for so many of them. In America they might speak up a bit more at the dining table. In “The Buccaneers,” Mabel (Josie Totah) is torn between a marriage of convenience, to a man, and a romance of passion, with her friend Conchita’s new sister-in-law (Mia Threapleton). (In a refreshing twist, the most avid gold diggers in both series are men.)
Persons: ” Katherine Jakeways, they’ve, Beth Willis, Consuelo Vanderbilt, Duke of Marlborough, , Hannah Greig, , ” Mabel, Josie Totah, Conchita’s, Mia Threapleton, Oscar Van Rhijn, Blake Ritson, John Adams, Gladys, Taissa Organizations: Vanderbilt, The Buccaneers, ‘ The Buccaneers Locations: London, Scotland, America, England, ‘ The, The
By Sofia MenchuGUATEMALA CITY (Reuters) - Guatemala's attorney general, a steadfast opponent of President-elect Bernardo Arevalo, has crafted a complex strategy to weaken his mandate or prevent him from taking office, according to five sources with knowledge of the prosecutor's thinking. At the center is Attorney General Maria Consuelo Porras, who protesters blame for attempting to prevent Arevalo from taking office on Jan. 14. Anti-graft campaigner Arevalo won a shock landslide victory in August but has received a backlash from the political establishment. Luis Almagro, head of the Organization of American States (OAS), has said the actions of the attorney general's office had set "a shameful example." Blocking Arevalo from taking office would throw Guatemala into deeper turmoil, said Tamara Taraciuk, Rule of Law program director at the Inter-American Dialogue think-tank.
Persons: Bernardo Arevalo, Maria Consuelo Porras, Arevalo, Alejandro Giammattei, Porras, Porras's, Luis Almagro, Arevalo's, Jose Carlos Sanabria, Tamara Taraciuk, Sofia Menchu, Cassandra Garrison, Stephen Eisenhammer, Rod Nickel Organizations: Sofia Menchu, Sofia Menchu GUATEMALA CITY, Semilla, Prosecutors, Organization of American States, U.S . State Department, Inter Locations: Sofia, Sofia Menchu GUATEMALA, Guatemala, United States, Semilla's
GUATEMALA CITY (AP) — One person died and at least two more were injured by gunshots near a pro-democracy demonstration in Guatemala on Monday, local authorities said. Victor Gomez, spokesman for the volunteer firemen in Malacatan, near the border with Mexico, said it was not clear whether the victims were protesters themselves, or just caught nearby. The incident is the latest violent episode after 15 days of protests and roadblocks in the Central American country. On Sunday, Porras' supporters in Guatemala City called for violence against demonstrators blocking roads. They have called for the resignation of Porras, prosecutors Rafael Curruchiche and Cinthia Monterroso, and Judge Fredy Orellana.
Persons: Victor Gomez, General Consuelo Porras, Bernardo Arévalo, Alejandro Giammattei, Arévalo, , Porras, Napoleón Barrientos, Rafael Curruchiche, Cinthia, Judge Fredy Orellana Organizations: GUATEMALA CITY, National Police, Interior Department, Central American, Movement Locations: GUATEMALA, Guatemala, Malacatan, Mexico, Guatemalan, Guatemala City, El
A family discovered that a painting hanging on the wall of their home could be worth millions. The painting was a genuine Anthony van Dyck and had been on their wall for decades. A Madrid art company authenticated it as a van Dyck last year, per the report. AdvertisementAdvertisementA previous van Dyck paintings to go to auction at Sotheby's sold for £8.3 million, which is about $10 million, according to the auction house's website. Born in Antwerp, in what is now Belgium, van Dyck went on to become a royal court painter for the English monarch Charles I.
Persons: Anthony van Dyck, Jesus, Saint Barbara, , van Dyck, El País, Consuelo Durán, El, Van Dyck, Peter Paul Rubens, Charles I . Organizations: Service, El Locations: Jaén, Spain, Flemish, Andalucía, Madrid, Seville, El, Antwerp, Belgium
GUATEMALA CITY (Reuters) - Guatemala's President Alejandro Giammattei on Friday called for roadblocks to be lifted and said he cannot remove the country's attorney general, something demanded by protesters who accuse authorities of blocking the government transition. Attorney General Maria Consuelo Porras, whose office has said she will not step down, has been investigating the party of president-elect Bernardo Arevalo in what he and the Organization of American States have branded an attack on democracy.
Persons: Alejandro Giammattei, General Maria Consuelo Porras, Bernardo Arevalo Organizations: GUATEMALA CITY, Organization of American Locations: GUATEMALA
[1/3] Demonstrators block an avenue as part of a national strike to demand the resignation of authorities from the attorney general's office, in Guatemala City, Guatemala October 10, 2023. Luis Almagro, the chief of the Washington-based OAS, called the ongoing investigation by the Guatemalan Attorney General's Office into the party of President-elect Bernardo Arevalo and the electoral authority an unprecedented attack on Guatemala's democracy. "The prosecutors' office has chosen to ignore numerous calls from the international community and its behavior violates democratic norms," Almagro said. Porras' office did not immediately respond to a request for comment. Reporting by Sofia Menchu; Writing by Kylie Madry; Editing by David Alire Garcia and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.
Persons: Josue, Luis Almagro, Bernardo Arevalo, Arevalo, General Consuelo Porras, Almagro, Porras, Alejandro Giammattei, Sofia Menchu, Kylie Madry, David Alire Garcia, Gerry Doyle Organizations: REUTERS, GUATEMALA CITY, Organization of American States, Guatemalan Attorney General's, Thomson Locations: Guatemala City, Guatemala, GUATEMALA, Washington
[1/4] People march to demand the resignation of powerful senior prosecutors accused of working to undermine President-elect Bernardo Arevalo's ability to take office, in Guatemala City, Guatemala October 7, 2023. Former Minister of Defense of Uruguay Luis Rosadilla, and the OAS Secretary of Access to Rights and Equity Maricarmen Plata will lead the mission. Tens of thousands took to Guatemala's streets this week, demanding the resignation of powerful senior prosecutors accused of working to undermine Arevalo's ability to take office. Rosadilla and Plata will travel to Guatemala City "at the earliest possible date," and they will be joined by the representative of the OAS office in Guatemala, Diego Paz, the organization specified. Reporting by Sofia Menchu in Guatemala City; Writing by David Alire Garcia and Anna-Catherine Brigida; editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: Bernardo Arevalo's, Josue, Bernardo Arevalo, Luis Almagro, Uruguay Luis Rosadilla, Equity Maricarmen, Diego Paz, Arevalo, Consuelo Porras, Arevalo's, Porras, Sofia Menchu, David Alire Garcia, Anna, Catherine Brigida, William Mallard Organizations: REUTERS, GUATEMALA CITY, of American States, Saturday, Defense, Rights, Equity, Semilla, U.S ., Thomson Locations: Guatemala City, Guatemala, GUATEMALA, OAS, Uruguay, Guatemalan Government, Rosadilla, Plata, June's, Central
Public displays rejecting machinations by the attorney general’s office had been modest in the month since Arévalo’s resounding victory. Historically, Guatemala has scored among the lowest in Latin American countries in its support for democracy, according to the AmericasBarometer survey, which has been measuring attitudes there for three decades. But since the election, Guatemalans have seen attempts by losing parties and the attorney general's office to challenge the results. She said that Guatemalans' perceptions of democracy are very much intertwined with their perceptions of corruption. Now, more people "are betting on democracy,” Arévalo said in a recent interview with The Associated Press.
Persons: Bernardo Arévalo, Guatemalans, Arévalo, d’etat, Sandra Paz, , , Paz, “ I’ve, ” Rachel Schwartz, Schwartz, Sandra Torres, Consuelo Porras, Consuelo, Porras, ” Arévalo, __ Sherman Organizations: GUATEMALA CITY, Vanderbilt University's, Organization of American, Guatemalan, University of Oklahoma, la Constitucion, U.S, Movement, Associated Press Locations: GUATEMALA, Guatemala, Guatemala City, Ecuador, Peru, Mexico City
CNN —Guatemalan President-elect Bernardo Arévalo de León has announced he is temporarily suspending the presidential transition process after Public Ministry agents raided electoral facilities and opened voting boxes. The president-elect denounced the raids, during which Public Ministry agents opened ballot boxes and photographed their contents, according to the Supreme Electoral Tribunal. The Public Ministry is investigating allegations that Movimiento Semilla – Arévalo’s Party – used forged signatures when it was seeking authorization as a political party. Giammattei said the presidency is willing to resume the transition process and described Arévalo’s decision to suspend it as “unilateral.”The Supreme Electoral Tribunal of Guatemala (TSE) held its own press conference to denounce the latest actions of the Public Ministry. Irma Palencia, the TSE’s president, said those actions had put the Guatemalan electoral system and democracy “at risk” and had violated the “civic rights of citizens expressed at the polls.”
Persons: Bernardo Arévalo de León, Alejandro, Giammattei, ” Arévalo, Arévalo, , Consuelo Porras, , , Irma Palencia Organizations: CNN, Guatemalan, Public Ministry, Ministry, Movimiento, , Organization of American Locations: Guatemala, Republic of Guatemala
In 1944, a student led revolution, which my mother and uncle were part of, helped usher in Guatemala’s decade of democracy after a century of dictators. I was born in Boston in 1954, the year a C.I.A.-led coup overthrew Guatemala’s elected government. But in 2001, three military officers were convicted of participating in his state-sponsored extrajudicial execution, a landmark verdict that seemed to herald a new era of justice. Efforts to build a working democracy by defending the rule of law and fighting corruption has been the central struggle of 21st-century Guatemalan politics. The commission dismantled 70 organized crime and corruption structures, and charged some 680 people, including two former presidents.
Persons: Guatemala’s, Bishop Juan Gerardi, Jimmy Morales, Morales, Giammattei, , Consuelo Porras Organizations: United Nations, Guatemalan Public Ministry, U.S, U.S . State Locations: United States, Boston, Latin America, U.S .
The Constitutional Court said it had granted a provisional injunction filed by the Semilla party against a judge's order to suspend the party and seemingly kick Arevalo out of the race. Asked about the potential for U.S. sanctions on those behind the Semilla suspension, a U.S. State Department spokesperson cited sanctions already imposed on Curruchiche and Attorney General Maria Consuelo Porras but declined to say more. Arevalo told reporters earlier on Thursday he believed the lower court's move against Semilla violated a Guatemalan law preventing political party suspensions during an election. Arevalo's presidential rival Torres urged the popular vote be respected and said she was suspending her campaign in solidarity with Semilla voters. Aldana by then had a reputation as an anti-graft crusader and helped oust, prosecute and imprison conservative former President Otto Perez.
Persons: Cinthia Monterroso, Guatemala Attorney General's, Bernardo Arevalo's, Read, Bernardo Arevalo, Arevalo, Sandra Torres, Semilla, Rafael Curruchiche, U.S . State Department's Engel, General Maria Consuelo Porras, Juan Jose Arevalo, Alejandro Giammattei, Giammattei, Torres, Thelma Aldana, Otto Perez, Sofia Menchu, Dave Graham, Valentine Hilaire, Matt Spetalnick, Kylie Madry, Cassandra Garrison, Sarah Morland, Stephen Eisenhammer, Josie Kao, Lincoln Organizations: Guatemala Attorney, GUATEMALA CITY, Constitutional, European Union, U.S, U.S . State, Semilla, Washington D.C, Thomson Locations: Guatemala, Guatemala City, GUATEMALA, June's, The U.S, U.S, Canada, Britain, Chile, Norway, Mexico, U.S ., Curruchiche, Mexico City, Washington
In the age of remote work, employers are quiet quitting on employees. Decision-makers at family offices revealed what it's really like managing billions for the ultra wealthy. But first: It's shaping up to be a cruel summer for Airbnb and Vrbo hosts. The Airbnb hosts getting squeezedReal-estate reshapeBlake Callahan / Getty ImagesThe real-estate industry is facing an existential threat. In the age of remote work, employers are doing it, too.
Persons: Matt Turner, Read, Brian Chesky, Charley Gallay, Vrbo, That's, Blake Callahan, Jonathan Ernst, Consuelo Vanderbilt Costin, Bryan Griffin, Insider's Ben Bergman, Arantza Pena Popo, It's, Satya Nadella, Hallam Bullock, Lisa Ryan Organizations: luxe, Reuters Workers aren't, Stanford University, The Vanderbilt, Waltons, Microsoft Locations: Silicon, Airbnb, New York
Silicon Valley is bracing for what it fears will be an "extinction event" threatening the survival of hundreds of startups. Tom Loverro, a investor at 40-year-old Bay Area venture capital firm IVP, has been loudly warning for months on Twitter and in media interviews about a coming "mass extinction event" for startups. The total volume of venture capital investment into US startups has slumped for six consecutive quarters, according to data firm Pitchbook. Even a last-ditch slashing of the startup's prospective valuation — a "down-round," in Silicon Valley parlance — didn't whet investors' appetites. Over the past year, many startups that rely on Silicon Valley funding have been steeling themselves for the slowdown to avoid similar fates.
Persons: , they're, Jennifer Neundorfer, That's, Tom Loverro, Loverro, Consuelo Vanderbilt, Vanderbilt, Cameron Lester, I've, Lester, Linda Ahrens, Ahrens, Unown, " Ahrens, Anna Dittrich, Plastiq, Vincent Harrison, Elad Gil, Steve Brotman, Brotman, Will Hawthorne, VC's, Mike Ryan, Pitchbook's Harrison, Sell, Hawthorne Organizations: Ventures, Sequoia Capital, , Venture, Twitter, United States Federal Reserve, Jefferies, January Ventures, Alpha Partners, Avid Capital, Sugar, Menlo, BulletPoint Network Locations: Silicon, Sequoia, IVP, Valley, Instacart, Navan, Boston, Snowflake, America
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