The Sunday Read: ‘The For-Profit City That Might Come Crashing Down’
The Daily15 Sep 2024

The Sunday Read: ‘The For-Profit City That Might Come Crashing Down’

If Próspera were a normal town, Jorge Colindres, a freshly cologned and shaven lawyer, would be considered its mayor. His title here is “technical secretary.” Looking out over a clearing in the trees in February, he pointed to the small office complex where he works collecting taxes and managing public finances for the city’s 2,000 or so physical residents and e-residents, many of whom have paid a fee for the option of living in Próspera, on the Honduran island of Roatán, or remotely incorporating a business there.

Nearby is a manufacturing plant that is slated to build modular houses along the coast. About a mile in the other direction are some of the city’s businesses: a Bitcoin cafe and education center, a genetics clinic, a scuba shop. A delivery service for food and medical supplies will deploy its drones from this rooftop.

Próspera was built in a semiautonomous jurisdiction known as a ZEDE (a Spanish acronym for Zone for Employment and Economic Development). It is a private, for-profit city, with its own government that courts foreign investors through low taxes and light regulation. Now, the Honduran government wants it gone.

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The Daily Presents “Caliphate,” Chapter 3

The Daily Presents “Caliphate,” Chapter 3

The New York Times has introduced a documentary audio series that follows Rukmini Callimachi, who covers terrorism for The Times, on her quest to understand ISIS. Today, as a special episode of “The Daily,” we offer Chapter 3 of “Caliphate,” in which ISIS turns fantasy into reality for a new recruit. For more information about the series, visit nytimes.com/caliphate.This episode includes disturbing language and scenes of graphic violence. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

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4 Maj 201825min

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3 Maj 201820min

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30 Apr 201828min

The Daily Presents “Caliphate,” Chapter 2

The Daily Presents “Caliphate,” Chapter 2

The New York Times has introduced a documentary audio series that follows Rukmini Callimachi, who covers terrorism for The Times, on her quest to understand ISIS. Today, as a special episode of “The Daily,” we offer Chapter 2 of “Caliphate,” in which Rukmini speaks with a former ISIS member about how and why he joined the fold. For more information about the series, visit nytimes.com/caliphate.This episode includes disturbing language and scenes of graphic violence. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

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27 Apr 201821min

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