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If inflation made you gawk at your latest dinner bill, spare a thought for the restaurant’s owners: 42% of American restaurants were unprofitable last year. Competition is fierce, fewer people commute into city centres, trends towards delivery have continued and home entertainment has improved. Dinner and a movie has to
up its game
to compete with Netflix and chilaquiles.
America’s ambassadorial residence in Rome is a literal palace. But its current ambassador also has a $450m superyacht from which he does much of his official business. The country has long sent rich friends of the president to be ambassadors, but such ostentatious nautical diplomacy takes things to a
startling new level.
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