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☆ Rising temperatures and floods leave cities with hefty bills. Startups are working to help them adapt to climate risks.
▼ + stars: | 2024-03-26 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +10 min

All of this has given rise to climate adaptation, a sector that aims to mitigate against and adapt to the risks associated with climate change. For James Brennan and Navjit Sagoo, two of the scientists behind climate risk analytics startup Climate X, it is imperative that adaption efforts go hand in hand with those working to curb rising temperatures. Indeed, Bank of America analysts predicted the climate adaptation industry would be worth $2 trillion a year by 2026. Climate X made its calculations based on the UN's Intergovernmental Panel on Climate Change's RCP8.5 scenario, which has been deemed to be a "very high" baseline for emissions. Mike Segar/ReutersAll hands on deckThe need for climate adaptation is clear but often overlooked until an extreme weather event occurs, according to Landesman and Chaudhury.

Persons: —, James Brennan, Navjit Sagoo, Abrar Chaudhury, Autarc, Bill Gates, Tucker Landesman, Helge Jørgensen, Mike Segar, Brennan, Sagoo Organizations: Service, Business, Bank of America, Climate, X, Deloitte, University of Oxford's, Business School, New York Times, New, London, Fabian Society, Tech, Breakthrough Energy Ventures, Goldman Sachs, Management, Air, International Institute for Environment, Development Locations: London, New York City, New York, California, Autarc , Massachusetts, Medellin, Colombia, Europe, PitchBook, Mamaroneck, Westchester County , New York, U.S

☆ A global gold rush for buried hydrogen is underway — as hype builds over its clean energy potential
▼ + stars: | 2024-03-26 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Geologic hydrogen, sometimes referred to as white, gold or natural hydrogen, refers to hydrogen gas that is found in its natural form beneath Earth's surface. Last year, researchers found what may be the world's largest geologic hydrogen deposit to date in France's eastern Lorraine region. The unexpected discovery further boosted interest in its clean energy potential. Some have expressed skepticism about the clean energy potential of natural hydrogen. Grey hydrogen — produced using natural gas and the most common form of hydrogen production — leads to large greenhouse gas emissions.

Persons: Alex Halada, Le, Canada's Hydroma, Ousmane Makaveli, Geoffrey Ellis, Ellis, we've, Minh, Energy's Le, Ana Maria Jaller, Makarewicz, Sebastien Salom Organizations: Geological Agency of, Ministry of Energy, Mineral Resources, Nurphoto, Afp, Getty, Research, Rystad Energy, CNBC, Energy Resources Program, . Geological Survey, U.S . Department of Energy, Institute for Energy Economics, videoconference, Carbon Trust Locations: Pute Jaya, Morowali Regency, Central Sulawesi Province, Indonesia, U.S, Canada, Australia, France, Spain, Colombia, South Korea, Gampern, Upper Austria, Mali's, Bamako, Malian, Bourakébougou, France's, Lorraine, Niger, Mali, gomis

☆ JetBlue cuts routes spanning Los Angeles to Lima in race to lower costs
▼ + stars: | 2024-03-19 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Jan. 31, 2024. The carrier will reduce its departures from Los Angeles International Airport from about 34 a day to 24, focusing on profitable transcontinental routes that include its Mint business class cabin, according to a memo to staff, which was seen by CNBC. Cuts include service from Los Angeles to San Francisco; Seattle; Miami; Las Vegas; Reno, Nevada; and Puerto Vallarta, Mexico. Along with transcontinental flying, JetBlue said it will focus on "bread and butter" routes along the East Coast, and those serving Caribbean vacation destinations. JetBlue is charting its path as a stand-alone airline after a judge blocked its plan to purchase Spirit Airlines in January.

Persons: Dave Jehn, Joanna Geraghty, Carl Icahn Organizations: JetBlue Airways, Fort, Hollywood International, Spirit Airlines, Pratt & Whitney, Airbus, Los Angeles International Airport, CNBC, JetBlue, American Airlines Locations: Fort Lauderdale, Fort Lauderdale , Florida, Los Angeles, San Francisco, Seattle, Miami, Las Vegas ; Reno , Nevada, Puerto Vallarta , Mexico, Bogota, Colombia, Quito, Ecuador, Lima, Peru, Kansas City , Missouri, Austin, Atlanta, Nashville, Salt Lake City, New York, Detroit, East Coast, Northeast

☆ ‘Havana syndrome’: Despite symptoms, NIH research finds no evidence of mysterious ailment in brain scans
▼ + stars: | 2024-03-18 | by ( Katie Bo Lillis | Jen Christensen | ) edition.cnn.com time to read: +9 min

Some current and former CIA officers have raised concerns that a CIA task force in charge of investigating Havana syndrome soft-pedaled its investigation, CNN has previously reported. The control group was small and not perfectly matched to those with Havana syndrome. In the second study, researchers tested hearing, balance, eyesight and neuropsychological state, and they looked at blood biomarkers, in the two groups. Headache was a common concern among the participants with Havana syndrome. The study concluded that whatever caused Havana syndrome seems to create symptoms “without persistent or detectable physiologic changes.

Persons: David Relman, don’t, ” Relman, ’, AHIs, Relman, Trump, ”, Dr, Sanjay Gupta, ” Dr, Leighton Chan Organizations: CNN, National Institutes of Health, Stanford, CIA, AHIs, CNN Health, NIH Locations: Havana, Cuban, Bogota, Colombia, Vienna, Austria

☆ I tried the AI robot massage table coming to Equinox. It's impressive, but I still prefer a human.
▼ + stars: | 2024-03-17 | by ( Ana Altchek | ) www.businessinsider.com time to read: +8 min

Equinox is getting an AI massage table this summer and it's the first of its kind to launch in the US. So naturally, I had to test out the new Aescape AI massage that Equinox is adding to its New York City locations in June. It's the first fully automated, customizable massage experience available commercially in the US, with two long robotic arms that massage you in tandem. The table is located in a dimly lit room with a large dresser, mirror, and robotic massage table in the center. Beider also said Aescape's massage table isn't an option for everyone.

Persons: —, I've, It's, Eric Litman, Rachel Beider, Aescape, Ana Altchek, Litman, Molly O'Connor, Frank Sinatra, Beider, didn't, We've, you'll Organizations: Service, Massage, PRESS Locations: Paris, New York City, Colombia, COVID

☆ Ankle Monitors and Curfews: Inside Biden’s New Tracking System for Migrant Families
▼ + stars: | 2024-03-16 | by ( Hamed Aleaziz | ) www.nytimes.com time to read: +1 min

On a recent evening in California, a woman named Sandra was at a birthday party with her 15-year-old son when she glanced at the clock. She started to panic: It was after 10 p.m.She had less than an hour to get home in time for an 11 p.m. curfew set by U.S. immigration authorities, part of a nearly year-old tracking system for migrant families who hope to be granted asylum in the United States. She motioned to her son that they had to leave, and hustled him out the door and into the car. They made it home at 10:58 p.m., the bulky GPS monitor on her right ankle pinging out her location to the authorities keeping track. Her heart, which had been slamming in her chest the whole ride home, finally slowed.

Persons: Sandra, motioned, hustled, Justin, — Organizations: Biden Locations: California, United States, Colombia

☆ Biden’s 'billionaire tax' takes aim at the super-rich — but can a wealth tax work in reality?
▼ + stars: | 2024-03-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

This is about the wealthy contributing more ... the extremely wealthy contributing more and being proud to do that. "This is about the wealthy contributing more to the society, the extremely wealthy contributing more and being proud to do that," Phil White, retired business owner and Patriotic Millionaires co-signatory, told CNBC. But experts are divided over the effectiveness of a wealth tax, and its how achievable it is in reality. Data suggests that wealth tax accounts for only a very small proportion of total tax revenues in the countries where it has been applied. Data suggests that a wealth tax accounts for only a very small proportion of total tax revenues in the countries where it has been applied.

Persons: Joe Biden, Biden, Phil White, Abigail Disney, Brian Cox, Arun Advani, Advani, Christine Cairns, PwC, Tord Kolstad, Kolstad, Kolstad Eiendom Organizations: Patriotic, Patriotic Millionaires, CNBC, Scottish, University of Warwick Locations: Brazil, Europe, Switzerland, Norway, Spain, Colombia

☆ What is a wealth tax and can it work in reality?
▼ + stars: | 2024-03-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The so-called wealth tax is a politically divisive economic policy, but one that is regaining attention amid rising inequality and shifting demographics. It follows an earlier G20 meeting, in which finance leaders explored plans for a global minimum tax on the world's 3,000 billionaires. Colombia, Scotland and the U.S. have all proposed wealth taxes in recent years, joining the likes of Switzerland, Norway and Spain in imposing taxes specifically on the super-rich. And even some of the world's wealthy are backing such calls. But can such a policy work in reality, and is it likely to take hold?

Persons: Joe Biden, Phil White Organizations: U.S, Patriotic Millionaires, CNBC Locations: Colombia, Scotland, Switzerland, Norway, Spain

☆ An influencer who said he'd shoot a gay son was ordered to post content about the harm caused by homophobia and transphobia
▼ + stars: | 2024-03-15 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

A Colombian court ordered an influencer to post content against homophobia and transphobia. In the video, he said he'd shoot a gay son and sexually assault a trans child. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn influencer has been ordered by Colombia's top constitutional court to post social media content highlighting the harm caused by homophobia and transphobia after he said he would shoot his son if he found out he was gay. This story is available exclusively to Business Insider subscribers.

Persons: —, Luis Villa Organizations: YouTube, Service, Business

☆ This 31-year-old spent $20,000 to travel after he was laid off
▼ + stars: | 2024-03-14 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

Peter Lancaster in Argentina. Peter Lancaster, 31, was laid off from his technology job in California in May last year. For the next eight months, Peter traveled to eight different countries: Mexico, Colombia, Peru, Argentina, Guatemala, Japan, Ecuador and Brazil. Peter Lancaster Traveler"Especially in a foreign country, use the buddy system," he said. Peter Lancaster at the Courtesy of Peter Lancaster

Persons: Peter Lancaster, Peter, Alejandra, Downside, I'd Organizations: CNBC Locations: Argentina, California, Mexico City, Mexico, Colombia, Peru, Guatemala, Japan, Ecuador, Brazil, Peru —, Cusco, United States

☆ Gold and sacrificial victims found in tomb of ancient leader, archaeologists say
▼ + stars: | 2024-03-13 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

Researchers found the ancient tomb in El Caño Archaeological Park, a site in Coclé province known as a hotbed for pre-Columbian discoveries, particularly lavish burial chambers. The civilization of the region surrounding El Caño at the time treated the site as sacred and worshipped their “ancestors,” referring to those remembered for having done important things. The grave is the ninth tomb excavated by researchers at the El Caño Archaeological Park, which is known for its richness in archaeological discoveries and lavish burial chambers. Ancient burial practicesThe archaeologists found the body of the supposed religious leader buried face down and on top of the body of a woman, the release stated. There have been two attempts — the most recent in 2021 — to figure out whom the various tombs found at the El Caño site once belonged to, Mayo said.

Persons: Julia Mayo, ” Mayo, Fundación El, Mayo, El Caño, ”, Nicole Smith, Smith, Guzmán, Ana María Navas Méndez, Caño, Gúzman, —, ” Navas Méndez Organizations: CNN, Panama’s Ministry of Culture, El Caño Foundation, El, Smithsonian Tropical Research, Sierra, Illinois State University Locations: Panama, El, Coclé, Panama City, America, Quimbaya, Colombia, South America, ” City

☆ 34-year-old mom dropped $50,000 to cruise the world with her family: 'It was some of the best money I ever spent'
▼ + stars: | 2024-03-08 | by ( Michelle Schroeder-Gardner | ) www.cnbc.com time to read: +5 min

Last year, I paid $50,000 to go on a four-month cruise that took my family and me to 30 countries. I see the money spent as an investment — not just in travel, but in a collection of memories that we will treasure forever. "Our room for four months months on the cruise, with our balcony view." Photo: Michelle Schroeder-GardnerI bonded with my family in a unique wayAfter our daughter was born, the idea of a world cruise piqued our interest. For example, when we lived on our sailboat, we spent six months in the Bahamas every year.

Persons: Michelle Schroeder, Gardner, Sultan, We're Organizations: Santa Cruz de La Locations: Cartagena , Colombia, Florida, Moorea, French Polynesia, Panama, Polynesia, New Zealand, Asia, Bahamas, Sultan Qaboos, Oman, Australia, Thailand, Turkey, Montenegro, Spain, Mexico, Canary, Santa Cruz de, Santa Cruz de La Palma

☆ Vast reserves of clean hydrogen fuel could be hiding beneath our feet
▼ + stars: | 2024-03-07 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Trillions of tons of lightweight, energy-dense hydrogen gas may be hidden deep underground. Those natural reservoirs, known as geologic hydrogen, could be a fruitful carbon-free fuel source. Oil and gas giants BP and Chevron have joined a consortium to study geologic hydrogen. That's when an oil and gas company assessed a mine that had exploded in Mali and found it was full of hydrogen gas. In the US, two long stretches of this rock are a promising place to look for hydrogen reserves, and efforts are already underway.

Persons: Bill Gates, Geoffrey Ellis, Joe Biden's, didn't, Ellis, John Barrasso, Evelyn N, Wang, Pete Johnson Organizations: Service, United Airlines, BP, Chevron, US, Energy, Natural Resources, Business, Research Projects Agency, ARPA Locations: Alberta, Canada, Mali, Kansas, Ontario, Michigan, New Jersey, Georgia, France, Australia, Brazil, Colombia, Albania, Albania's, Tirana, GENT

☆ Gabriel Garcia Marquez’s sons publish unfinished novel that the late author wanted ‘destroyed’
▼ + stars: | 2024-03-07 | by ( Pau Mosquera | Oscar Holland | ) edition.cnn.com time to read: +3 min

CNN —Gabriel García Márquez’s last novel, “Memories of My Melancholy Whores,” was published 20 years ago, but the late Colombian author’s legacy did not end there. On Wednesday, the day García Márquez would have turned 97, the now-finished novel, “Until August,” was published by the author’s sons Rodrigo and Gonzalo García. But, as the pair acknowledge in the book’s preamble, García Márquez didn’t want the work to be released. The Colombian author’s memory loss undermined his confidence in his work, his sons said. García Márquez’s sons have confirmed that there are no other unfinished novels in storage.

Persons: CNN — Gabriel García Márquez’s, ”, —, “, Rodrigo, Gonzalo García, didn’t, García, Gonzalo, Gabriel García Marquez, Fernando Vergara, ” Rodrigo, García Márquez, Márquez, Ana Magdalena Bach, Cristóbal Pera Organizations: CNN, University of Texas, Cervantes Institute, Random Locations: Colombian, Madrid, Bogota, Colombia, Caribbean, “

☆ United Airlines launches Morocco, Colombia flights, beefs up China service
▼ + stars: | 2024-03-07 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

United Airlines is planning to launch flights to Marrakesh, Morocco, and Medellin, Colombia, and ramp up its service to Asia, in the carrier's latest bet that consumers will continue to shell out for trips abroad. The flights from United's Newark, New Jersey, hub to Marrakesh are scheduled to begin Oct. 24 using a Boeing 767-300ER. The airline is also starting year-round service to Cebu, Philippines, from Tokyo's Narita Airport. U.S. airlines have increased their international service coming out of the Covid-19 pandemic, and revenue growth from trips abroad has outpaced domestic sales. United also said it will offer four weekly flights between Shanghai and Los Angeles starting Aug. 29.

Persons: Patrick Quayle, United's, It's Organizations: Airlines, Boeing, Tokyo's, CNBC, Los Angeles, CNBC PRO Locations: Marrakesh, Morocco, Medellin, Colombia, Asia, United's Newark , New Jersey, Cebu, Philippines, U.S, Shanghai, Los, Los Angeles, Hong Kong, San Francisco, Seoul, South Korea, Newark, Porto, Portugal

☆ This little-known Mexican grocery store chain can surge more than 40%, JPMorgan says
▼ + stars: | 2024-03-06 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

Tiendas BBB (3B), Mexico's largest discount food chain, has strong growth potential, according to JPMorgan. 3B — short for "bueno, bonito y barato," or "good, nice and cheap" — is "good, nice and high growth with solid returns," according to analyst Joseph Giordano. Compared to other markets such as Colombia, Turkey and Germany in which hard discount stores have a penetration rate of 20% or higher, the rate stands at only 2% in Mexico, said Giordano. That means 3B — which is already among the largest discount food retailers in Mexico — has room to expand boost store productivity. Giordano forecasts 3B reaching a 5-year compound annual growth rate of 15%, setting it apart from its local competition.

Persons: bueno, Joseph Giordano, Giordano, — CNBC's Michael Bloom Organizations: BBB, JPMorgan, New York Stock Exchange, Giordano Locations: U.S, Colombia, Turkey, Germany, Mexico, Mexico —

☆ At Least 126 Activists Killed in Latin America in 2023 -Report
▼ + stars: | 2024-03-05 | by ( March | At P.M. | ) www.usnews.com time to read: +1 min

MEXICO CITY (Reuters) - At least 126 human rights and environmental defenders were murdered in Latin America in 2023, according to data from the Inter-American Court of Human Rights (IACHR) published on Tuesday, matching the previous year's figure. The IACHR, an autonomous organ of the Washington-based Organization of American States, expressed alarm over "high rates of violence" against human rights defenders in the region, where 54 assassinations were reported just in the year's final three months. Colombia was the deadliest country for environmental and human rights activists, with murders rising to 34 last year from 26 in 2022. Brazil was second with 10 murders, followed by Mexico with four, and Guatemala, Honduras and Peru with three, two and one assassination respectively. The IACHR congratulated Mexico's budget increase aimed at bolstering a government program for the protection of human rights defenders and journalists, while expressing concern over the killings of four human rights defenders.

Persons: IACHR, Aida Pelaez, Fernandez, Sandra Maler Organizations: MEXICO CITY, Inter, American, of Human Rights Locations: MEXICO, America, Washington, Colombia, Brazil, Mexico, Guatemala, Honduras, Peru

☆ Opinion: A wildfire destroyed the tree I planted seven decades ago — and with it my hope for the future
▼ + stars: | 2024-03-02 | by ( Ariel Dorfman | ) edition.cnn.com time to read: +6 min

Santiago, Chile CNN —How do we mourn the death of one solitary tree, when whole forests burn down? I planted it almost three quarters of a century ago, when I was just 7 years old. If I never kept that promise to my tree, it was never far from my mind as the years passed. In all likelihood, that tree, planted by me as a child, has now been reduced to cinders. It’s a reminder to pay homage and give thanks to each and every tree that succumbs to this climate debacle.

Persons: Ariel Dorfman, Ariel Dorfman Les Todd, Salvador Allende, Augusto Pinochet’s, Patricia Araya Organizations: Duke University, CNN, Chile CNN, Nacional Locations: Chilean American, Chile, Durham , North Carolina, Santiago, Texas, Australia, Colombia, California, Hawaii, New York, del Mar, Viña del

☆ Migrant children in open-air desert camps are suffering from hunger and hypothermia, court documents say
▼ + stars: | 2024-02-29 | by ( Blake Ellis | Melanie Hicken | ) edition.cnn.com time to read: +9 min

The episode was one of many highlighted in a court filing Thursday that takes aim at the living conditions at open-air camps near the U.S.-Mexico border in California. Federal immigration officials have directed migrants to those camps but have failed to provide adequate food, water, shelter and medical services, children’s rights lawyers say. More than 3.3 million immigration court cases remain in the cue, according to according to data from Syracuse University’s Transactional Records Access Clearinghouse, which tracks immigration court data. The declarations also described instances in which aid workers had to orchestrate emergency medical care for children in serious distress. Some alleged that Border Patrol agents saw that children were suffering but did little about it.

Persons: —, Adriana Jasso, Joe Biden, ” Neha Desai, “, Jasso, ” Desai, ” Theresa Cheng, ” Organizations: CNN, Border Patrol, National Center for Youth Law, CBP, Department, Homeland, Civil Rights, Civil Liberties, Security, “ Locations: Colombia, porta, U.S, Mexico, California, Venezuela, China, India, Mauritania, Syracuse, San Diego, Colombian

☆ The ‘Luxury Route’ to the U.S. for African Migrants
▼ + stars: | 2024-02-29 | by ( Annie Correal | Federico Rios | ) www.nytimes.com time to read: 1 min

As record numbers of people cross into the United States, the southern border is not the only place where the migration crisis is playing out. Nearly three thousand miles to the south, inside Colombia’s main international airport, hundreds of African migrants have been pouring in every day, paying traffickers roughly $10,000 for flight packages they hope will help them reach the United States. The surge of African migrants in the Bogotá airport, which began last year, is a vivid example of the impact of one of the largest global movements of people in decades and how it is shifting migration patterns. With some African countries confronting economic crisis and political upheaval, and Europe cracking down on immigration, many more Africans are making the far longer journey to the U.S.

Locations: United States, Bogotá, Europe

☆ Darién Gap Migration Is Halted After Colombia Arrests Boat Captains
▼ + stars: | 2024-02-28 | by ( Julie Turkewitz | ) www.nytimes.com time to read: +1 min

Migration toward the United States through the dangerous jungle passage known as the Darién Gap has been halted, at least temporarily, following the arrest of two boat captains working for companies that play an essential role in ferrying migrants to the jungle. Boat companies suspended migrant crossings from two northern Colombia towns, Necoclí and Turbo, to the entrance of the Darién forest, according to the mayor of Necoclí, leaving roughly 3,000 migrants stranded in those communities. The Colombian law enforcement action in the region is sure to be watched closely by U.S. officials: The Biden administration has been pressuring Colombia for months to try harder to stop people from using the Darién as a path to the United States. The boat route is the main way into the Darién Gap, a strip of land linking South and North America that was once rarely traversed but has emerged in recent years as one of the hemisphere’s most important and busiest migration routes.

Persons: Biden Locations: United States, Colombia, Necoclí, U.S, South, North America

☆ Former New York cop charged with swindling investors in foreign exchange trading fund
▼ + stars: | 2024-02-28 | by ( Dan Mangan | ) www.cnbc.com time to read: +6 min

Peace's office said that as Rodriguez, who was arrested Wednesday, lost an increasing amount of money in trading in foreign exchange, he used money from new investors to pay prior investors their promised investment returns. Ex-cop Jason Rodriguez, 37, is accused of falsely promising investors in his fund, Technical Trading Team, that there would be guardrails to protect the trading risks for their money. That included a vow to never put a maximum of 1% of investors' funds at risk at any given time, the indictment says. A former New York City police officer was indicted for conspiracy to commit wire fraud after he allegedly lied to investors and lost most of the $4.8 million they put into his foreign exchange -focused investment fund, prosecutors said Wednesday. The suit says the defendants lost more than $3 million in trading forex on a leveraged basis, and "misappropriated participant funds for personal use."

Persons: Peace, cryptocurrency, Rodriguez, Attorney Breon, Jason Rodriguez, Benjamin Yaster, Edwin Carrion, Carrion, Danielle Hass, TTT, Defendants Organizations: Attorney, Eastern, of, U.S . Justice, Washington , D.C, Brooklyn U.S, Trading, New York Police Department, NYPD, Attorney's, U.S, Futures Trading Commission, Commodity, CFTC, Investments, CNBC PRO Locations: of New York, Washington ,, New York City, Bellerose , Queens, U.S, Brooklyn, Florida, Colombia, TTT

☆ Expedition to 300-year-old shipwreck that could hold Spanish treasure of gold and emeralds worth $20 billion
▼ + stars: | 2024-02-25 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Colombia sending a deep-water expedition to explore the 300-year-old San José shipwreck. The Spanish galleon, discovered in 2015, is believed to hold treasures worth up to $20 billion. A 300-year-old shipwreck in the Caribbean is believed to hold gold and silver coins, emeralds, and other sunken treasures that could be worth $20 billion. On Friday, Colombia's government unveiled plans for a groundbreaking deep-water expedition to explore the legendary galleon, San José, dubbed the "holy grail of shipwrecks." In the ship's hold was accumulated wealth taken from Spain's colonies in South America, including 116 steel chests full of emeralds and millions of gold and silver coins.

Persons: Colombia's, San José Organizations: Business Locations: Colombia, José, Spanish, Caribbean, San, Cartagena, South America

Ecuador’s military was sent in to seize control of the country’s prisons last month after two major gang leaders escaped and criminal groups quickly set off a nationwide revolt that paralyzed the country. In Brazil last week, two inmates with connections to a major gang became the first to escape from one of the nation’s five maximum-security federal prisons, officials said. Officials in Colombia have declared an emergency in its prisons after two guards were killed and several more targeted in what the government said was retaliation for its crackdown on major criminal groups. Inside prisons across Latin America, criminal groups exercise unchallenged authority over prisoners, extracting money from them to buy protection or basic necessities, like food.

Locations: Brazil, Colombia, Latin America

☆ Griselda Blanco's Son Michael Corleone Blanco Is Taking His Family Legacy Legit
▼ + stars: | 2024-02-21 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +13 min

There was a time when Michael Corleone Blanco didn't want to hear the name Billy Corben, let alone sit across from him. AdvertisementBut Michael Corleone Blanco, the famed drug kingpin's only surviving son, learned quickly that true-crime fame is a double-edged sword. It was probably between the release of "Cocaine Cowboys" and "Cocaine Cowboys 2." I knew that one day, the Griselda Blanco story and the Blanco family story would have to be told, and with them already telling some of the story, it was going to help me out. AdvertisementSofia Vergara as Griselda Blanco in "Griselda."

Persons: Michael Corleone Blanco didn't, Billy Corben, Griselda Blanco —, Sofia Vergara, Catherine Zeta, Jones, Michael Corleone Blanco, Corben, — Blanco, Blanco, Alfred Spellman, David Cypkin, Griselda, Michael didn't, Billy, Michael, Griselda Blanco, Alfred, Dave, Mr, La Madrina, Elizabeth Morris, Netflix Billy, Sofia Vergara's, Zilah Mendoza, Al Capone, There's, She's, Michael Corleone, Corleone, I've Organizations: Cocaine, Netflix, Business, Corben, Cocaine Cowboys, Colony Theatre, The, Instagram Locations: Miami, Hollywood, Colombia, Blanco, South

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