island

China surrounded an enclave with robots. Now they have been given a rifle to shoot at 100 meters, and the result points to an island

by

China has been leaving increasingly explicit clues about how it imagines future conflicts. In 2025, PLA maneuvers included island assault exercises minors using ground robots and unmanned systems, a sign that Beijing is no longer testing only classic amphibious crossings, but scenarios where machines make way before soldiers. Those practices marked a clear direction: Combat automation was no longer a distant theory, but something China was beginning to test on the ground. Now he has amplified it. Drones with rifle. China has made a qualitative leap in the use of combat drones by demonstrating that a UAV armed with a standard assault rifle can be 100% right of his shots against a human target at 100 meters while remaining in hover. The system, developed by a Chinese company together with the PLA special operations academy, fired 20 times and placed half of the hits in a comparable radius. a shot to the heada result that makes it clear that these are no longer experimental platforms but rather precision weapons ready for real environments. Extra ball. It does not seem like a specific experiment or a laboratory demonstration: the team itself has explained that the only “imperfect” shot was due defective ammunitionnot the system, making this test an unmistakable sign of where Chinese combat power is headed. Taiwan and a problem. This progress cannot be understood without the Taiwan backdropone of the most urbanized territories on the planet, where any military operation would require fighting in dense megacities, full of civilians, underground infrastructure and narrow streets that neutralize many traditional advantages. For the PLA, the challenge is not just cross the seabut to dominate neighborhoods, subway stations and residential complexes where human infantry suffer enormous political and military costs. The Chinese response to this dilemma is neither doctrinal nor moral, but technical: dealing with urban warfare as an engineering problem which can be solved by delegating violence to machines capable of moving, identifying targets and shooting without fatigue or fear. A bet. In fact, recalled in The Diplomat that the essay of the armed drone fits into the third major phase of Chinese military modernization, the so-called “intelligentization,” which seeks to replace human decisions with distributed artificial intelligence systems. Having mechanized and digitized its forces, the PLA now aims to delegate key functions (detection, prioritization and attack) to algorithms that operate faster than any human chain of command. In this framework, a drone with a rifle is not a curiosity, but rather an elemental piece of an ecosystem where sensors, weapons and software act in a coordinated manner, reducing the role of the soldier. to a mere initial authorizer or, in the extreme, eliminating him from decision-making altogether. Swarms in alleys. There is much more, because the medium stood out documents and studies linked to Chinese military universities that reveal that the target is not individual drones, but autonomous swarms specifically designed for urban warfare. These systems are designed to operate at low altitudes, inside buildings, indoors and underground, even when communications are degraded or non-existent. Through simple rules and self-organization, swarms They could patrol areastrack people and execute attacks without receiving orders in real time, a solution that the PLA consider ideal to neutralize defenses in cities such as Taipei or Kaohsiung and to eliminate key objectives before external forces can intervene. The gray area of ​​legality. The technological bet is accompanied by a legal position deliberately ambiguous by Beijing on lethal autonomous weapons. As? Defining as unacceptable Only those systems that simultaneously meet a series of very strict criteria, China leaves itself a wide margin to develop weapons capable of killing without direct human supervision, as long as they can be stopped in theory or follow pre-programmed rules. This ambiguity, they say, contrasts with documented risks of AI in combat (identification errors, inability to interpret human intentions, data biases) and makes it easier for research to advance without clear regulatory brakes. The future that is being tested today. In short, the drone that shoot with surgical precision at 100 meters is not an anecdote, but tangible proof of where the Beijing strategy: move the war to the heart of the city and delegate it to machines. There is no doubt that if this model is applied in a conflict such as Taiwan, the combination of autonomous swarms, integrated light weapons and decisions without human intervention could multiply the risk for civilians and reduce the political thresholds for the use of force. From that prism, what is presented today as a technical experiment is, in reality, a most disturbing preview: that of an urban war where the alleys are no longer patrolled by soldiers, but by armed robots that will never ask questions. Image | Heeheemalu In Xataka | The biggest geopolitical risk on the planet is not Greenland. It’s a smaller island with a disturbing neighbor: Taiwan In Xataka | 200 drones in the hands of a single soldier: China is advancing very quickly in a type of war that seemed like science fiction

The biggest geopolitical risk on the planet is not Greenland. It’s a smaller island with a disturbing neighbor: Taiwan

by

Throughout the cold warthere were points on the map whose real value was not measured by their size, but by what could be triggered if someone tried to force the situation. Today, one of those places once again concentrates gazes, calculations and uncomfortable silences among the great powers. and it is not in Greenlandbut on a smaller island. The global risk enclave. The tension between United States and China is concentrating increasingly evident in Taiwan, a territory small in size but enormous in strategic consequences. While Washington allows itself dramatize scenarios secondary in the Arctic, Chinese military maneuvers around the island they have been become routineincreasingly aggressive and similar to real blocking or maximum pressure tests. The absence of clear and quick responses from the White House projects a dangerous sign in a context where deterrence depends less on formal declarations than on immediate political reflections. The deterrence that is called into question. The contrast between Trump’s political lukewarmness and the warnings of the US military apparatus itself has opened a visible crack. The Telegraph said that Pentagon commanders have been warning for some time that China is preparing to be able to fight and win a conflict over Taiwan before the end of the decade, although that diagnosis does not always translate into credible public messages. This dissonance reduces the perceived cost of a Chinese action and leaves open the possibility of a calculation error on Xi Jinping’s part, especially if he interprets American caution as a lack of will. Taiwan as a key piece. Taiwan’s importance to the United States is not symbolic, but rather structural. We are talking about an advanced democracy in a region dominated by authoritarian regimes, one that houses the core of world production advanced semiconductor and is part of the first island chain that limits military projection China in the Pacific. From that perspective, the fall would be a direct blow to the global economy, Western technological superiority and Washington’s strategic credibility in Asia. Taiwan Navy It’s not 1996 anymore. Unlike previous crises, when American naval and air superiority was overwhelming, today the balance is much tighter. China has built a navy larger than the American in number of ships, an air force with hundreds of fifth generation fighters and, above all, a massive arsenal conventional missiles capable of hitting bases, ports and fleets at great distances. Although the United States continues to spend more on defense, lower Chinese industrial costs and its geographic proximity to the theater of operations significantly erode that advantage. The “logistics” weapon. The New York Times recalled in a column that one of the factors that moderated Beijing’s behavior for years was its dependence on critical raw materials from countries aligned with the West, especially Australian iron ore. That brake is weakening as China secure supplies alternatives from Africa, reducing their vulnerability to sanctions or blockades in the event of conflict. The result: an environment in which the economic costs of a war over Taiwan, while enormous, are already They are not so deterrent for Beijing as they were in the past. No clear winner. The open simulations and internal leaks From Washington they agree on a most uncomfortable diagnosis: if necessary, a war over Taiwan it would be devastating even for those who managed to impose their immediate objective. China could fail in invasion, but the United States and its allies would pay a military price not seen since World War II, with massive losses of aircraft, ships and personnel. Taiwan, even if it managed to resist, would be deeply damaged as a country and as a global economic engine, dragging the world into a prolonged crisis. The island that weighs the most. All this explains why Taiwan is, by far, the increased geopolitical risk of the planet at this time and a strategic priority, surely far above scenarios like greenland. It is not about territory, or not only, but about credibility, balance of power and stability of the international system between two superpowers. And, on that board, every gesture of ambiguity counts, and every sign of weakness can bring closer a conflict that no one would win on paperbut whose consequences would affect everyone. Image | Pexels, 總統府 In Xataka | China has just shown the world that it “plays” in another league: it only needs one soldier to control 200 drones in combat In Xataka | China’s best weapon doesn’t fire a single bullet: 300km ‘moving wall’ to close sea routes instantly

There is an island without which the world would not function. This is how Taiwan has become a world technological epicenter: Crossover 1×35

by

In February 1974, the Prime Minister of Taiwan met with a small group of experts and together they came to a conclusion: the country had a difficult time with the economic strategy of the time, and they had to make a bet on the future. That bet They were, of course, the semiconductors. That famous meeting marked a before and after for a country that has a very delicate geopolitical situation. China considers it a rogue state, but while they have their own government and currency. Despite this tension, Taiwan has managed to become a strategic partner of countries such as the aforementioned China or the United States, and in both cases for the same reason: chips. Taiwan has managed to become a absolute giant in the semiconductor industry, and this is demonstrated by the company that It is the crown jewel of the country: TSMC (Taiwan Semiconductor Manufacturing Company). Since it was founded in 1987, the company has grown and its alliance with Apple in the early 2010s has proven crucial to its current dominance. But before all that happened, Taiwan went through a complicated process that included wars and dominance by Japan for nearly half a century. In this episode of Crossover we precisely analyze the history of this peculiar island and how it faces a future that, even with its current position, is full of challenges. On YouTube | Crossover In Xataka | TSMC’s only problem was that it was in Taiwan. So the United States has decided to get her out of there

Now it is a paradise island of China where they are not accountable

by

Hainan is a small province of China made up of more than 200 islands dotting the South China Sea. Although historically it has been an agricultural region, it has emerged as a tourist destination and I am not surprised, seeing its tropical beaches and lush forests. Furthermore, the Chinese government has considered the region as “special economic zone“. And the wealthiest citizens of a country are taking advantage of it: Russia. Hainan is the new Crimea Marbella. Although since last year the list of visitors to Hainan does not allow a breakdown by country, the New York Times collects that the number of Russian visitors has multiplied by eleven between 2023 and 2024. Thus, Russians are already the largest foreign nationality. In the peak winter season alone, Hainan Island, the largest in the province, receives eight or more daily flights from cities throughout Russia. The situation clashes head-on with the withdrawal of Russian tourism in Europe. What a change of scenery. Why Hainan? Beyond its paradisiacal places that we mentioned in the intro, that right now they are enjoying maximum temperatures of 24 degrees or that it is a cheap destination, Hainan enjoys special policies such as free trade and more flexibility in general for government affairs. Thus, the Chinese government has favored foreign investment and has raised its hand with visas (from 2024 in Hainan and throughout the country since November). Your exemption policy It allows citizens of 59 countries to enter for a tourist getaway of up to 30 days. Among them, Russia of course. like at home. Leaving aside that restrained and hospitable Chinese personality, the island’s gear is geared toward pleasing tourists. However, it is one of the great bets to revitalize the region. And it shows: translated letters and signs, guides who speak the language, being able to find products of Russian gastronomy and even the loudspeakers on the beach, controlled by the local government, playing Russian hits. The New York Times collects that even the New Year’s celebrations on the beach came to fruition before vigilant but relaxed authorities, beyond warning that fireworks could not be set off. They have even opened a copy of the famous Moscow restaurant chain Chaihona No. 1, which in China has its counterpart at Chaihona No. 9. No need to lower your voice. Talking about Taiwan or Hong Kong may be thorny there, but Russian tourists can calmly express themselves in their language without generating uncomfortable sidelong glances. Foreign geopolitics does not cause discomfort in Hainan, something that does happen in Europe. Hello Hainan, goodbye Europe. It is inevitable to establish a certain parallel with the theory of communicating vessels as long as and although with ups and downs, since 2019 it has shown a downward trend in Europe, reaching 90% less in 2022, according to Schengen Visa Info details. Thus, if in 2019 four million Russians visited the old continent, in 2024 the figure dropped to 1.4 million. Leaving aside the COVID-19 period that affected the entire world, the Russians have their own case, with the war with Ukraine and the consequent tightening when it comes to obtaining visas as the main reasons. Although the sanctions program against Russia applies throughout the continent, there are countries that are more lax than others. Without going any further, Italy, France, Spain and Greece, the favorite destinations of Russian citizens, are among them. As details the Russian Travel Digestdespite a timid recovery in 2025, Russian citizens travel to Europe 40 to 50 times less. New destinations have been sought both within the old continent (Türkiye or Belgrade), but also outside In Xataka | Tourism promised them a happy time exploiting an idyllic island in Yemen. Until 600 tourists were trapped in it In Xataka | There are Spanish cities trying to shield their beaches from bathers’ pee. Marbella illustrates that they do not have it easy Cover | Yubin Zhou

In 2001, a yacht took refuge on a remote island in the Atlantic. Days later its inhabitants breaded fish with coca

by

To the island of Sao Miguelthe largest and most populated of the Azores archipelago, is known as the ‘Green Island’ for its lush meadows. In 2001, however, the most appropriate thing was to refer to it as the white island. In one of those pirouettes of destiny that usually inspire Netflix scriptwriters (and in this case that’s how it was) began to arrive on the coasts of São Miguel, more specifically on those of the freguesia of Fish Taildozens and dozens of uncut bales of cocaine of extraordinary purity. The Atlantic brought them by surprise and without anyone in Rabo de Peixe being able to explain very well why or where they came from. What there is little doubt about more than 20 years later is that that episode changed history of the island. Not only because Rabo de Peixe was forever associated with surrealist images (it is counted that on the island there were families who they breaded mackerel with cocaine instead of flour), but for the mark it has left on a population of humble fishermen in which until then white powder was a luxury available to an elitist minority. Twenty-four years later, his story is back in the news thanks to streaming. Netflix has just released a new documentary about that episode, ‘White Tide: The surreal story of Rabo de Peixe’a launch that coincides with the premiere of the second season of a series inspired by the same event, the successful ‘Rabo de Peixe’. A drifting sailboat The Azores are a paradise on earth, but even the greatest of paradises can turn into hell. Antonino Quinzi saw this for himself at the beginning of June 2001, while steering a yacht of 12 meters across the Atlantic towards Spain. Although he was an experienced sailor and had recently completed the Canary Islands-Venezuela route, near the Azores he was surprised by a strong storm that damaged his ship’s rudder and threatened to set him adrift. Faced with such a panorama, Quinzi decided to postpone his original plan, which was to sail back from Venezuela to Spain, and seek refuge in some discreet cove of São Miguel. The word ‘discreet’ is not a minor nuance. To the residents of the parish of Pilar da Bretanha who saw how his yacht appeared on the horizon and sought shelter among the cliffs, Quinzi it seemed to them one more amateur sailor. One of the many sailboat owners who set out to sail the ocean without enough boards and end up finding themselves in trouble. In this case they were wrong. Quinzi was a hard-working Sicilian navigator and if he seemed to be stumbling along the coast of São Miguel it was because he was actually looking for a secluded place in which to hide the cargo he was transporting. On board his yacht, in addition to food and everything necessary for his long voyage, he hid hundreds and hundreds of kilos of cocaine from Venezuela. How many? Officially there is talk of half tonalthough there are those who remember that the ship could carry up to 3,000 kg and it would be strange for the Sicilian to embark on its ocean voyage without taking advantage of that cargo capacity. The fact is that Quinzi needed to reach a port where he could repair his yacht, but for obvious reasons he could not do so with the holds full of bales. To get out of trouble he decided to get rid of drugs. Some versions they count who used a boat to take part of the load to a cave, but had to abort the mission when he was surprised by some fishermen. Whether or not it is true, the fact is that to get rid of a large part of his cargo, Quinzi chose to another more radical solution. A wave of bundles Which? After ensuring that the bales would not be damaged by water, he placed them in fishing nets and then lowered them off the coast with the help of heavy chains and an anchor. Once he finished the task, he set sail towards the port of Rabo de Peixea humble and discreet fishing town located just over 20 kilometers from where he had hidden the shipment. The plan seemed perfect, if it weren’t for the fact that the same waves that had forced Quinzi to seek shelter ended up destroying the net that hid the coca bales. The result: dozens and dozens of packages began to emerge and the waves dragged them towards the coast. Guardian account how the first official notice was recorded on June 7, 2001, just one day after Quinzi’s yacht was seen lurking around the cliffs. While walking through a cove, a local came across a large black plastic sheet that hid what looked like dozens of packed bricks. He notified the police, who soon found that there were 270 bales that weighed nearly 300 kilos. Over the next few days, the authorities received similar notices from people who found bundles while walking along the coast. It is said that in just two weeks the agents seized more than 400 kg of drugs, which is not a bad balance if you take into account that the police estimated that the total shipment It was around 500 kg. But… And the rest? And above all, was the yacht actually transporting more drugs, as one of the Portuguese journalists who covered the event suspects? “The ship could carry up to 3,000 kg and no one would cross the Atlantic with only a small part of what it can carry,” argues Nuno Mendes, a reporter who traveled from Lisbon to cover the news. There was more or less drug, almost a hundred kilos or many more, what seems evident is that most of that unseized cocaine ended up in the hands of the inhabitants of São Miguel, where they barely live. 140,000 people. The focus is placed above all on the population of Rabo de Peixe, one … Read more

China is sending drones to an island 100 km from Taiwan. The problem is that Japan and the US are filling it with missiles

by

The small Japanese island by Yonagunilocated just over 100 kilometers away from Taiwan, has gone in a matter of months from being a remote enclave with a modest self-defense detachment to becoming one of the most sensitive points of the strategic balance in Asia. The United States, China and Japan itself are carrying their disputes to the small enclave. An island as a front. The intensification of chinese drone flights over the island and the strait, intercepted on two consecutive occasions by Japanese fighters, has reinforced the perception in Tokyo that the first island chain is entering a phase of chronic instability. Japan, aware of the real possibility of a conflict around Taiwan, has decided to turn Yonaguni into a defensive node fully integrated: a place where operates a FARP American that extends the range of Marine Corps helicopters, where capabilities are consolidated electronic surveillance and where the installation of air defense missiles is progressing like the Type 03 Chu-SAM. Weapons and more weapons. This system, capable of tracking one hundred simultaneous targets and shooting down twelve of them with Mach 2.5 missilesimplies that Japan is beginning to give teeth to a position whose mere proximity to the democratic island makes it an advanced platform to detect, deter or even respond to a possible Chinese attack. For Tokyo, reinforcing Yonaguni is not a provocation but a life policy national: any attack on Taiwan, as as stated the new Prime Minister Sanae Takaichi, would constitute an existential threat to the archipelago. Yonaguni Beijing’s reaction. China, which interprets any Japanese defensive measure as one more step in a strategic siege promoted by the United States, has reacted with increasing hardness. From historical comparisons to veiled threats, including the summoning of the Japanese ambassador and the suspension of economic exchanges, Beijing frames the installation of missiles in Yonaguni as an “offensive act” that violates the spirit of the bilateral normalization of 1972. The rhetoric has gone in crescendo after Takaichi’s words about the possibility of Japan intervening militarily in the event of an attack on Taiwan, something that China considers a space invasion diplomat reserved for Washington. The climate has deteriorated to such a level that a Chinese diplomat even published (and removed) a direct threat against the prime minister, while the central government canceled meetings, stopped imports and called for boycott trips to Japansinking the influx of Chinese tourists who represented almost a third of foreign visitors. In parallel, China has intensified its military demonstrations, spreading videos YKJ-1000 hypersonic missile destroying Japanese targets, a message designed to emphasize that any expansion of the Japanese military footprint will be met with a response. The strategic dilemma. Far from backing down, Japan has adopted a tone unusually firm. Under the leadership of Takaichi, the political heir to Shinzo Abe’s strategic nationalism, Tokyo has made Yonaguni the tangible manifestation of a doctrinal turn: accept that Japanese stability requires preventing China from dominating the Taiwan Strait. from there the proliferation of radar installations, electronic warfare capabilities and additional plans that contemplate systems such as US Patriots, US Army Typhon, HIMARS and the NMESIS equipped with NSM missiles, capable of denying access to Chinese ships around the Taiwanese eastern coast. USA discreetly supports this redesign: approved sales of NASAMS and spare parts to the Taiwan Air Force, deployed CH-53E helicopters in Yonaguni (an unprecedented milestone) and coordinates with Japan a doctrine that assumes that, in the event of an outbreak of hostilities, the Marines must operate from the lethality zone itself of Chinese missiles. All of this positions Yonaguni not only as an advanced observatory, but as a critical point whose defense and survival would determine the first stages of any crisis in the strait. Yonaguni Taiwan’s hardening. While Japan reinforces the front line, Taiwan assumes that time to prepare is running out. President Lai Ching-te has announced a massive increase in military spending, raising it by $40 billion until 2033, with a roadmap that will place it at 3.3% of GDP in 2026 and with the declared ambition of reaching 5% before 2030. What Taipei is proposing is not a simple rearmament, but a comprehensive redesign: new missiles and drones, integrating AI into existing systems, protecting against infiltration operations, dramatically improving procurement (often delayed in the United States), and measures against transnational Chinese repression targeting Taiwanese abroad. For Lai, the most dangerous threat is not a Chinese landing but internal erosion: that Taiwan “gives up” due to psychological or economic pressure. It flatly rejects the “one country, two systems” model and affirms that the only way to maintain peace is to make an invasion too costly for Beijing. The United States, through its de facto representation, has described the decision as a crucial step to strengthen deterrence. A strategic powder keg. The juxtaposition of Japanese military movements, Chinese threats and unprecedented rearmament of Taiwan produces a “traffic” that raises the risk of calculation errors. The experts warn that a poorly calibrated comment, a overflight unreported or a maritime incident could accelerate a spiral that is difficult to contain, especially when Beijing tries to use its contacts with Washington to simultaneously pressure Tokyo and Taipei. In this context, Yonaguni becomes symbol and detonator: too close to Taiwan to be irrelevant, too exposed to be invulnerable, and too strategic for either side to relinquish control or influence. Plus: the island is both within immediate range of Chinese missiles and within the American concept of advanced distributed operationsmeaning it could be both a multiplier of Allied defense and a priority objective in the first minute of a war. A fragile balance. In short, China hardens his stanceJapan resignation definitely to ambiguity, Taiwan accelerate the shielding of its sovereignty and the United States consolidates its role as operational guarantor. In the midst of all this, Yonaguni emerges as a microcosm where the resistance of that regional order is tested. An enclave of barely 1,700 inhabitants that, due to its geographical positionhas become a thermometer, border and barrier. Its immediate … Read more

An atoll in the South Pacific is the best kept secret of the ultra-rich. If you want to hide your fortune, this is your island

by

In the middle of the South Pacific, there is a little paradise which attracts both nature lovers and those looking to put their great fortunes safely away. The Cook Islands, with their turquoise beaches and dreamlike landscapes, have become the chosen refuge by many millionaires for keep your money safe and anonymous. Beyond being a privileged tourist destination, this archipelago adopts the second most used meaning of paradise: that of tax haven. Its special legal system protects the assets of those millionaires who decide to enjoy its dream beaches and its legal opacity with assets. They came for its beaches, they stayed for the trusts This natural oasis, located about 3,000 kilometers from New Zealand, is not only home to beauty and tranquility, but also a sophisticated asset protection mechanism that has gained global fame in recent years among millionaires around the world. Although many think of tax havens such as the Cayman Islands, the British Virgin Islands, the Cook Islands are distinguished by their ability to raise trust financial structures from which millionaires can manage assets of all kinds, from properties to cryptocurrencies, with a very lax taxation. Not in vain, the Cook Islands were a recurring reference in the great financial scandals that were revealed by the Panama Papers, Pandora or the Paradise Papers. As and how they counted in Fortunesince the 1980s, the Cook Islands established a single fiduciary system which offers a level of opacity and protection difficult to find in other enclaves considered tax havens. For example, the authority of foreign courts to intervene in these funds is not recognized and, furthermore, the identities of the owners are protected by law. This combination makes the country a bastion for those who want to keep their assets safe from external demands or embargoes. Cook Islands, a paradise for human and fiscal matters Here, millionaires transfer their assets to a trust managed by a local fiduciary (front man), while they can remain beneficiaries or dispose of the money and property freely. This separation between Ownership of the heritage and who enjoys it generates a legal barrier that makes it difficult for third parties to claim those assets. In this way, millionaire businessmen protect their fortunes in the event of bankruptcy of their companies because, legally, they are not owners of the assets that they do enjoy. Likewise, fortunes would not be so exposed to divorce cases. “If all your money is in your pocket and someone tries to take it from you, maybe they can. But if the money is in another country and not under your control, chances are they won’t be able to touch it,” he explained to Fortune Blake Harris, lawyer specializing in property protection in the Cook Islands. In addition, shell companies are used to manage certain assets in order to add another level of opacity to the ownership of trust assets. “We created a practically unbreakable structure. And it is a fundamental practice. It is necessary to protect yourself,” said Harris. Spanish millionaires also travel to paradise The Panama Papers and other tax scandals exposed the financial engineering that large fortunes were using to reduce their tax bill. Among the names that appeared in these investigations there were also some spanish names. It should be said that constituting a trust in the Cook Islands It is completely legal for a Spanish resident. The Polynesian atoll was excluded from the EU tax haven lists and from Spain. However, the Spanish legislation It focuses on who actually controls and benefits from the assets, not just who is listed as the formal owner. However, just because it is legal in Spain does not mean that it works the same as for an American millionaire. Spain does not include the figure of the trust in its legal framework, although it does takes it into account at the tax level. In practice, this means that even if the assets are transferred to a trustee in another country, The Tax Agency considers that the person residing in Spain retains some type of control or benefit over them. And if this control exists, the Treasury understands that this assets remain linked to the taxpayer and, therefore, must declare it as part of your heritage. Therefore, although the protection against international litigation offered by Cook Islands trusts is effective, in Spain they do not have the same effectiveness than in the US, so It is not such a popular instrument. between the great Spanish fortunes as among the millionaires of other countries. However, as how they point From the Gesta tax consultancy, trusts are recommended more as tools of succession planning or protection against civil risks, and both for evade taxes. In Xataka | They were promised a bitcoin paradise and zero taxes for 120,000 euros. Today there is only one desert island on the verge of disappearing Image | cook islandsUnsplash (Nathan Dumlao)

In 1521 Spain established a timid colony on the island of Borneo. Today they demand 15,500 million euros for it

by

In a corner of Southeast Asia, the island of Borneo has been the scene of a historical entanglement that seems like something out of a novel. What began more than a century ago as a trade agreement between a local sultan and European businessmen today translates into multimillion-dollar lawsuits and international arbitrations involving Spain, Malaysia and the descendants of the Joló sultanate. The surprising thing is that the origin of all this mess goes back to a detail that many would overlook, but given that when it happened the island was under Spanish jurisdiction, a century and a half later, the judicial imbroglio has spilled over into a Spain that has been involved in a lawsuit for 15.5 billion euros without a hitch. Signing of the agreement and colonial movements In 1878, the island of Borneo was under Spanish administration in certain areas, although real authority corresponded to the Sultan of Joló, the highest authority in a small Muslim kingdom located to the north of that island. In that year, Sultan Jamalul Alam signed an agreement with two British businessmen, Baron of Overbeck and Alfred Dent for the exploitation of natural resources of the area. However, for the descendants of the sultan, that contract had a lease character, while for the British it implied a definitive transfer. First point of disagreement. Spain, as the administrative power of the time, left evidence of its limits and neither punctured nor cut nor cut in that agreement. Reproduction of the 1878 agreement In 1885 the Madrid Protocol between the United Kingdom, Germany and Spain, with which Spain formally renounced any right over Borneo and recognized British control of the area, left in hands of the British North Borneo Company to its colonial exploitation and became part of the British colonial territories. Already in 1963, the island of Borneo was integrated in the newly formed Malaysia, and the Joló sultanate was integrated as the state of Sabah. Under the agreement signed in 1878, the Malaysian government was the “heir” of that transfer/lease of the territory, so kept a symbolic payment annual payment of about 5,300 ringgit (about 1,110 euros per year at the exchange rate) to the sultan’s heirs. However, in the 1980s and 1990s, oil and gas deposits were discovered in that territory, so Malaysia, through the company Petronas. With a treasure of such magnitude under the soil of their territory and with a difference of opinion regarding the meaning of the initial agreement, the heirs of Sultan of Joló began to pressure Malaysia to return their lands. Something that Malaysia rejected outright. Invasion of Sabah and start of battle Everything changed in 2013, when a group of 235 linked to the heirs of the Sultan of Joló invaded Sabah, starting what became known as the Lahad Datu conflictclaiming the sovereignty of the region. Malaysia responded with military force and stopped the rebels declaring that the state of Sabah was part of the sovereignty of Malaysia. In retaliation, he decided to suspend historic payments to the sultan’s descendants. This suspension marked the beginning of a long international legal dispute since now the heirs did not have the right of ownership of the lands nor did Malaysia recognize the agreement signed in 1878. Since in 1878 the kingdom of Sabah was under the administrative control of Spain, the sultan’s heirs considered that the historical jurisdiction belonged to Spain and requested arbitration in Spain, trusting that the country’s courts could act as a neutral venue to resolve the conflict between Malaysia and the heirs of the Sultan of Joló. Territory in dispute From trade disagreement to billion-dollar international conflict In 2019 and already in Spain, the Superior Court of Justice of Madrid (TSJM) assigned arbitration in principle to lawyer Gonzalo Stampa. However, in 2020 and after studying the case in more detail, the same court ordered arbitrator Stampa to stop the arbitration by determining that the State of Malaysia could not be judged by another State. Despite the disqualification and orders from the Spanish justice system, Stampa ignored it and continued with the mediation process. Since it had been banned in Spain, Stampa moved the arbitration to Paris and, in 2022, he dictated a favorable award to the heirs of the sultan. In the award issued by Stampa, which we remember at that time was “free” and no longer recognized by Spain, it could be read: “(…) the Arbitrator decides that the Claimants have the right to recover from the Respondent the restitution value of the rights over the leased territory in northern Borneo. (…) and orders the Respondent to pay the Claimants the sum of 14.92 billion US dollars.” Painting of the Sultan from the late 19th century That is to say, not only had he ignored the instructions of the Spanish justice system, but he also condemned Malaysia to pay compensation of 15,000 million dollars to the heirs. Obviously, nor Malaysia neither Spain nor even Paris Court of Appeal and then the Cour de Cassation French recognized the nullity of the arbitration. In fact, the Supreme Court recently condemned to referee Stampa for contempt and usurpation of functions. Although no authority recognized this arbitration, the heirs attempted to enforce the award by confiscating Malaysian assets, in the form of Petronas assets, in Holland and Luxembourgbut European courts temporarily stayed the action. At the same time, the heirs of the Sultan of Joló filed a new complaint against Spain claiming 15.5 billion euros, alleging that the country had hindered the execution of the award. This demand has just been dismissed by the ICSID (International Center for Settlement of Investment Disputes) tribunal dependent on the World Bank, which considered that there was no “protected investment” and ordered the heirs to assume the costs of the procedure. The result is that Spain leaves the dispute without paying a single euro, while the legal battle for territory and compensation against Malaysia remains open and on multiple fronts in Europe and Asia. What began as an agreement … Read more

On this island in Japan there is a traffic light that only turns green once a year, and not precisely to control traffic

by

On the small Japanese island of Himakajima there is a traffic light which remains flashing amber or red all year round. Only during one day in May does it change its usual behavior and activate its green light (or blue, as they insist in Japan). This is not a fault. It was designed this way for a reason that goes beyond traffic control. An educational traffic light. The traffic light was installed in 1994 at the Himakajima East Port intersection, but not to regulate traffic. The island barely has 2,000 inhabitants and few vehicles circulate on its roads. The traffic light exists solely to teach children of the place how the urban signals work before they leave the island for larger cities. One less problem. According to explains the Himaka Road Safety Association, which promoted its installation, minors grew up without real experience with traffic lights. Before, they used small models in traffic safety classes, but the children themselves asked “what does a real traffic light look like?” account Kazuo Sugiura, former president of the association, to the local media Asahi. One day a year to learn. Every May, the traffic light is activated for a full day. Third and fifth grade students from the local school go to the crossing accompanied by teachers, parents and authorities. There they practice how to cross correctly: they wait for the color to change, look both ways and cross the zebra crossing with their arm raised, just as they would in any city in Japan. More difficult than expected. The children also discover that calculating the time they have to cross the pass is not as simple as it seems. “It was complicated because it turned red when I was trying to cross,” explained a third-grade student after practicing with her bicycle. The exercise helps them understand the real times of light change and develop security reflexes that they cannot acquire in their daily life on the island. An unexpected tourist curiosity. This little anecdote has gained notoriety beyond Japan. Every year videos and photos circulate on social networks showing the peculiar educational ritual. Some users even consult the local government website to find out the exact date of “green day” and witness the event, although it varies slightly each season. It is already part of the island’s identity. Once the annual training is completed, the traffic light returns to its flashing lights routine. It does not serve any practical function in traffic control, but it has ended up becoming a small symbol of how the community of this island prepares its children for the urban world. The rest of the year, Himakajima remains a quiet place known for its beaches and octopus dishes, with a traffic light that counts down the days until it can turn green again. Cover image | Google Maps In Xataka | Convenience stores were an emblem of Japan. Until the demographic crisis has revealed the dark side of opening 24 hours

50,000 people paid 120,000 euros to live on a paradisiacal crypto island. Now it is about to disappear under the Pacific

by

A group of cryptocurrency investors imagined living in a cryptostate in which everything was based on blockchain technology and, of course, 100% tax free. The project it was so serious that they even found a private island in the middle of the Pacific and named the place Satoshi Island in honor of the bitcoin creator. In it, crypto investors could move in and acquire their citizenship in exchange for a modest 120,000 euros. Eight years later, the Satoshi Islandnot only has it not become the tropical crypto paradise promised of bitcoin and NFT, but is at risk of disappearing under the waters of the Pacific. The origin of the initiative. As and how I collected FortuneIn 2017 and with the support of more than 50,000 investors, the “Satoshi Island” project was launched with the development of a new crypto nation on the private island in the South Pacific previously known as Lataro Islandin the Vanuatu archipelago, east of Australia and halfway between the Solomon Islands and New Caledonia. The small 32 km2 island was leased to the local government of Vanuatu for 75 years by British real estate entrepreneur Anthony Welch who, according to France 24had been living there for more than a decade. In 2021, the transformation to “Satoshi Island”, named in honor of Satoshi Nakamoto, was presented. with the promise to become a crypto city-state, without taxes and based exclusively on blockchain and NFT. The vision included digital citizenship, “crypto-friendly” modular housing, and an economy untethered from traditional fiat. Real estate promises and realities. The plan was articulated under several axes: issuing citizenship and ownership NFTs, building modular homes on 21,000 available plots, adopting renewable energy, decentralized governance and attracting a global community of crypto investors. It sounds like a complicated formula to attract new neighbors to the island and, in the process, “rent” them part of the 90% of the island that was uninhabited. “We are trying to build a community. We are not looking to develop for profit,” assured Welch to Guardian in a satellite interview with the island, given that the island does not have electricity or internet. Bad omen for an economy based on digital transactions. The wall of territorial sovereignty. According what was published through the specialized portal Decryptin 2022 the Vanuatu government, with then Prime Minister Bob Loughman, supported the initiative after ensuring that they had received thousands of applications, which gave more visibility to the project. Obviously, for all the NFTs of Satoshi Island citizenship, the reality is that investors who wanted to live on the island had to obtain Vanuatu citizenship, which “Golden Visa” mode It was awarded in exchange for a generous donation of 120,000 euros. According to data of the International Monetary Fund, around 40% of its income comes from the “Golden Visa”, so the Satoshi Island project was an excellent attraction to attract new residents and obtain large income. The blow of reality. Shortly after, the first alarm signals began to emerge: absence of infrastructure, significant delays in the implementation of the habitability project and the legal complexity of transforming NFTs into property titles. recognized by the state (the real one, that of Vanuatu). Little by little the project has been deflating until, in July 2025, a publication in the project X profile It marked the end of the cryptotropical dream. Furthermore, the project’s demise is not just figurative, as the Vanuatu archipelago is highly vulnerable to sea level rise, coastal erosion and extreme weather events resulting from climate change, a forecast that already is coming true in its neighboring archipelago of Tuvalu, which has already begun its migration for climatic reasons. In Xataka | A Venezuelan invented a lawless city in the middle of an island. Now the millionaires who followed him don’t know how to escape Image | Vladi

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.