The Big Hedge-fund Strategy That Isn't Working

Mexico’s incoming president announced her appointees for top posts Thursday, but hopes for a fresh approach were dashed by the re-appearance of old faces in the new cabinet. President-elect Claudia Sheinbaum announced that Rosa Icela Rodríguez, who headed outgoing President Andrés Manuel López Obrador’s failed security strategy, will serve as the next interior secretary. [time-brightcove not-tgx=”true”] That is Mexico’s top domestic political post, responsible for handling negotiations with protesters and Mexico’s 32 powerful state governors.

Rishi Sunak, the leader of Britain’s Conservative Party and the country’s current Prime Minister, is standing for re-election on Thursday, July 4. Sunak has been Prime Minister since October 2022 and is married to Akshata Murty, who comes from a wealthy family in India. [time-brightcove not-tgx=”true”] Murty’s father, N. R. Narayana Murthy, is worth approximately $4.7 billion according to Forbes, making him the 669th richest person in the world, per the publication’s real-time estimations on July 4.

LONDON — British voters are picking a new government Thursday in a parliamentary election that is widely expected to bring the Labour Party to power against a gloomy backdrop of economic malaise, mounting distrust in institutions and a fraying social fabric. A jaded electorate is delivering its verdict on Prime Minister Rishi Sunak’s Conservative Party, which has been in power since 2010.

New York — A Delta flight from Detroit to Amsterdam was diverted to New York’s Kennedy Airport on Wednesday after passengers were served spoiled food, airline officials said. The redeye flight took off from Detroit around 11 p.m. Tuesday and landed in New York at 4 a.m. “after reports that a portion of the Main Cabin in-flight meal service were spoiled,” a Delta spokesperson said in a statement. A spokesperson for the Port Authority of New York and New Jersey, which runs the airport, said 14 of the plane’s 277 passengers as well as 10 crew members were treated by medical personnel when the flight landed.

Tensions between enraged Turkish groups and Syrian refugees living in Turkey have reached a boiling point this week, forcing Turkey to close its main border crossing into northwest Syria. The Bab al Hawa border crossing—the main trade and passenger channel for over 3 million people—as well as the Bab al Salam and other smaller crossings are closed until further notice.