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The Great Canadian Maple Syrup Heist
Brendan Borrell • Businessweek
On the theft of 6 million pounds of maple syrup from Canada’s strategic reserve and the group of free market renegades who are fighting “The Maple Wars.”
The Federation would need two months to tally the losses to the stockpile. Sixty percent, or 6 million pounds of syrup, had vanished, worth about $18 million wholesale. The bold and baffling heist counts as one of the largest agricultural thefts ever, dwarfing the 860 head of cattle snatched in Queensland, Australia, last spring and the potato patches the size of a football field that were dug up in British Columbia in August. Siphoning off and transporting so much syrup was no mean feat. It would have taken more than 100 tractor-trailers. “To steal that amount of maple syrup means you have to know the market,” says Simon Trépanier, acting director of the Federation. “We are talking about big players.”
Heirs of Mao’s Comrades Rise as New Capitalist Nobility
Shari Oster, Michael Forsythe, Dune Lawrence, Henry Sanderson • Bloomberg News
How the princeling descendants of Mao's Eight Immortals consolidated unimaginable power and wealth in the New China.
In three decades, they and their successors lifted more than 600 million people out of poverty and created a home-owning middle class as China rose to become the world’s second-biggest economy. Chinese on average now eat six times more meat than they did in 1976, and 100 million people have traded in their bicycles for automobiles. The Immortals also sowed the seeds of one of the biggest challenges to the Party’s authority. They entrusted some of the key assets of the state to their children, many of whom became wealthy. It was the beginning of a new elite class, now known as princelings. This is fueling public anger over unequal accumulation of wealth, unfair access to opportunity and exploitation of privilege -- all at odds with the original aims of the communist revolution.
WANG ZHAO/AFP/Getty Images