FROM Jim O'Shea
Dissecting the Deal for the LA Times Yesterday, Sam Zell put up $300 million in a complicated takeover of the Tribune Company of Chicago, which is worth $8.2 billion and includes the Los Angeles Times . Zell, a Chicago real estate billionaire who beat out local billionaires Ron Burkle and Eli Broad , has said almost nothing in public, but local billionaire David Geffen says he still has a chance. In a message to the LA Times newsroom, Editor Jim O'Shea said that, while any change of ownership carries some risk--and this includes a heavy debt burden--Zell is "a creative thinker and an inventive entrepreneur," who says, "he believes in the future of the news business." We hear more about the deal, possible staff cuts and absentee ownership of Southern California’s major news source in a conversation with O'Shea and others.
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.