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What Is the #PalletsOfCash Debate?

What Is the #PalletsOfCash Debate?

By MICHAEL D. SHEAR and DAVID E. SANGER August 4, 2016 WASHINGTON — The summer political season has been suddenly seized by a fierce debate about #PalletsOfCash delivered to Iran on an unmarked cargo plane. How did that happen? In January, the United States government said it had sent $1.7 billion to Iran to settle a decades-old [...]

$400 Million to Iran Was Not a Ransom, Obama Says

By HELENE COOPER and MICHAEL S. SCHMIDT August 4, 2016 WASHINGTON — President Obama on Thursday flatly denied that a $400 million pallet of cash delivered to the Iranian government in January, on the same day that four American citizens who had been detained by Iran were released, was a ransom payment, calling the latest uproar over [...]

Feature: ‘I Have No Choice but to Keep Looking’

To save articles or get newsletters, alerts or recommendations – all free. Don't have an account yet?Create an account » Subscribed through iTunes and need an NYTimes.com account?Learn more » Need to connect your Home Delivery subscription to NYTimes.com?Link your subscription » Source: middle east

Israel Charges Aid Group’s Gaza Branch Manager With Funneling Funds to Hamas

By ISABEL KERSHNER and DIAA HADID August 4, 2016 ASHKELON, Israel — The Palestinian manager of the Gaza branch of World Vision, a major Christian aid organization, was charged by Israeli prosecutors on Thursday with infiltrating the charity on behalf of Hamas and funneling about $43 million in the group’s funds over the past six years [...]

Chinese car design hits a tipping point

Chinese car design hits a tipping point

Chinese cars are easy to spot. You can't miss them. They're either hideously garish or blatant copies of foreign cars. But as the Chinese auto industry begins to mature, its designers are developing the skills and gaining the confidence to compete on the international stage. We're on the verge of seeing Chinese design go from laughable to [...]

Top 10 biggest foreign investors pouring capital into L.A. real estate – See more at: http://therealdeal.com/la/2016/05/19/top-10-biggest-foreign-investors-pouring-capital-into-l-a-real-estate

Top 10 biggest foreign investors pouring capital into L.A. real estate – See more at: http://therealdeal.com/la/2016/05/19/top-10-biggest-foreign-investors-pouring-capital-into-l-a-real-estate

Overseas investors and developers have been rushing in to fund the revitalization of Downtown Los Angeles, in addition to buying assets in other locations throughout the county. It’s gotten to the point where local players have complained that it’s becoming hard to compete with their cold hard cash offers. But who are these investors and where [...]

Honda's Acura NSX masterstroke: building the factory in Ohio

Honda's Acura NSX masterstroke: building the factory in Ohio

When Honda announced it was going to build its NSX supercar in Ohio instead of Japan, it caught everybody in the industry by surprise. No one expected this proud Japanese company to build its most technologically advanced sports car anywhere but in its home country. Now Honda has a supercar production facility in rural Ohio that would be the envy [...]

CAFE is too slow, let's go for faster gains

CAFE is too slow, let's go for faster gains

In the United States, it takes about a generation to replace all the cars, trucks, and buses running around on the nation's roads. Right now there are 258 million of them. Even if someone invented something today that solved all our emissions and fuel-economy problems, it would take until the year 2040 before every vehicle had it. There's got to [...]

The VW diesel scandal is not a US government conspiracy

The VW diesel scandal is not a US government conspiracy

The theory holds that the United States wants to destroy a giant German industrial corporation and wreck the "Made in Germany" brand so that American tech companies can rule the world. There's a kooky conspiracy theory making the rounds in Germany. It's all about how the American government is supposedly using the Volkswagen emissions scandal to [...]

If jobs are replaced by techs, what replaces jobs?

“People still talk about the geopolitics of oil. But we now have to talk about the geopolitics of technology.” These words come from Craig Mundie, former head of research at Microsoft, speaking at the Ambrosetti Forum in the palatial surroundings of the Villa d’Este Hotel on Italy’s Lake Garda last weekend. It’s an artful phrase, the [...]

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