Billionaire Taxes and Escalation Risks

California is weighing a one-time hit on billionaires to plug a giant health-care hole, Citi is trying to prove its overhaul is real, and Washington and Tehran are testing how far controlled escalation can go before it stops being controlled.California's billionaire tax fightCitigroup's overhaul testUS-Iran shipping riskExistential risk, narrowed to the practical questionsWEF governance crisisBangkok bar fireCulture-war film distributionSources:WSJ What’s News — More States Want to Tax the Rich. Here's How.FT News Briefing — Citigroup’s ruthless remakeThe Daily — What’s Epic About the ‘Odyssey’? Everything.Global News Podcast — The Global Story: Citizen Vigilante and Elon Musk’s war on ‘woke’ filmsUp First from NPR — Should we worry about the end of the world?Global News Podcast — Bangkok bar fire kills at least 27This podcast was created with Podkey. Make your own at https://podkey.fm