The “Cowboy Cocktail,” a coveted financial arrangement, has attracted a new set of outsiders to Wyoming, the least populated state in America. wapo.st/3srvHr3
The arrangement, which combines a Wyoming trust and layers of private companies, allows the world’s wealthy to move and spend money in extraordinary secrecy, in some cases without state oversight. wapo.st/3srvHr3
Millionaires and billionaires around the world have taken note.
In recent years, families across the globe have abandoned international financial centers for law firms in Wyoming, helping to turn the state into one of the world’s top tax havens. wapo.st/3srvHr3
A dozen international clients who created Wyoming trusts were identified in the #PandoraPapers, a trove of more than 11.9 million records obtained by the International Consortium of Investigative Journalists (@ICIJorg) and shared with The Washington Post. wapo.st/3srvHr3
The documents expose the movement of wealth around the world and offer a rare look at Wyoming’s discreet financial sector and the people who rely on its services. wapo.st/3srvHr3
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The images of 2021 tell a complex yet dramatic story, Marc Fisher writes.
There was fire and there was rain; the West burned and New York flooded. The Earth itself seemed to confront people with one test after another. wapo.st/3oOPBd4
There was, perhaps above all, the terror of lethal disease, a second year of a virus that unraveled the fabric of daily life and managed to set people against each other in ways that defied reason. wapo.st/3oOPBd4
It was a year when Americans hopped up on rage and fueled by distortions breached barricades and shattered glass, rebelling against their own country’s most solemn symbol of peaceful change. wapo.st/3oOPBd4
Anthony S. Fauci, the nation’s leading infectious-disease specialist, warned Sunday that the U.S. is likely to see record numbers of coronavirus cases, hospitalizations and deaths as the omicron variant spreads rapidly. washingtonpost.com/health/2021/12…
“We are going to see a significant stress in some regions of the country on the hospital system, particularly in those areas where you have a low level of vaccination,” Fauci said on CNN’s “State of the Union.” washingtonpost.com/health/2021/12…
Fauci described omicron as “extraordinary,” with a doubling time of two to three days. The variant accounts for 50 percent of cases in parts of the country, which meant it would almost certainly take over as the dominant variant in the U.S., he added. wapo.st/3q77PpD
Sen. Joe Manchin III on Sunday said that he could not vote to proceed on Democrats’ roughly $2 trillion spending package, dealing a potentially fatal political blow to the final piece of President Biden’s economic agenda. washingtonpost.com/us-policy/2021…
“I can’t move forward. I cannot vote to continue with this piece of legislation, I just can’t,” Manchin said on Fox News Sunday, citing the impacts of rising prices, the arrival of a new coronavirus variant and other domestic and international challenges.
White House press secretary Jen Psaki said in a blistering statement that Manchin had previously assured President Biden he would support some version of the bill and that negotiations were continuing. washingtonpost.com/us-policy/2021…
Highly vaccinated countries thought they were over the worst. Denmark says the pandemic’s toughest month is just beginning. wapo.st/3J0EG8l
Scientists caution that the knowledge of omicron remains imprecise. Denmark’s virus modelers have many scenarios.
But even in a middle-of-the-road scenario, Danish hospitals will soon face a daily flow of patients several times beyond previously seen. washingtonpost.com/world/2021/12/…
Denmark’s data shows people with two doses to be just as vulnerable to omicron infection as the unvaccinated.
Those who’ve received boosters have better protection — a sign of hope — but about 3 in 4 Danes have yet to receive a third dose. washingtonpost.com/world/2021/12/…
LIVE NOW: Reporters @byHeatherLong, @GregJaffe and @alyssafowers are discussing why tens of millions of Americans have left their jobs in the Great Resignation and what happens after quitting.
Workers are not just quitting their jobs because of money, says @GregJaffe.
"The thing that animates every conversation is respect and dignity ... It's not as straightforward as better wages or better hours, it's 'treat me differently.'" twitter.com/i/spaces/1OyJA…
Scientists have discovered the largest swath of tropical peatland on the planet in the Congo River basin in the Democratic Republic of Congo. wapo.st/3dUGAJi
The peatland, which stretches into neighboring Republic of Congo, holds at least as much carbon as the entire world emits in three years of burning fossil fuels. wapo.st/3dUGAJi
The Post’s @maxbearak traveled in a dugout canoe to Ikenge, a remote village in the heart of the peatlands, where peat has accumulated over thousands of years. wapo.st/3dUGAJi