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Milan’s Via MonteNapoleone overtakes Fifth Avenue as world’s most expensive retail destination

A commercial real estate company has selected Via MonteNapoleone in Milan as the world’s most expensive retail destination, surpassing the prestigious Fifth Avenue in New York. Shoppers, laden with bags from Fendi, Loewe, Prada, and other designer brands, crowd the narrow sidewalks of Milan’s most fashionable shopping street, bringing joy to high-end luxury goods sellers this holiday season—and beyond.

This year, there is even more reason to celebrate: a commercial real estate company has crowned Via MonteNapoleone as the world’s most expensive retail destination, pushing Fifth Avenue in New York down the rankings.

The latest edition of the annual global index from U.S. firm Cushman & Wakefield, which ranks shopping areas based on the rental prices they command, highlights Via MonteNapoleone’s desirability as a prime address for luxury ready-to-wear brands, jewelry, and even patisseries.

The average rent on Milan’s street has surged to 20,000 euros ($21,016) per square meter, compared to 19,537 euros ($20,529) per square meter for an 11-block stretch of upper Fifth Avenue.

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International

Protests erupt over Florida’s ‘Alligator Alcatraz’ migrant jail in the Everglades

Hundreds of environmentalists, Indigenous leaders, and activists gathered on Saturday to protest against the planned opening of a migrant detention center dubbed “Alligator Alcatraz,” which, according to Florida Governor Ron DeSantis, could begin operating as early as Tuesday and hold up to 3,000 migrants.

The protest took place amid active construction at the site, located in the Everglades Natural Park—an ecologically sensitive wetlands region west of Miami. Demonstrators raised concerns about the environmental impact on an area that is home to 36 native species of plants and animals that are threatened or endangered.

Protest signs read messages such as: “This scam will cost us $450 million and destroy our precious Everglades,”“Continuing with ‘Alligator Alcatraz’ is criminal,” and “These are concentration camps on Indigenous land.”

The backlash intensified after a televised segment aired the night before on Fox and Friends, where DeSantis toured the facility—built on an abandoned airport—and suggested the detention center could start receiving migrants as early as Tuesday.

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Internacionales

Jalisco’s grim discovery: drug cartel mass grave found in construction site

A mass grave was discovered in a residential area under construction in the municipality of Zapopan, part of the metropolitan area of Guadalajara, the capital of the Mexican state of Jalisco.

“After analyzing the recovered remains, they correspond to 34 individuals,” said a state official during a press conference. Jalisco has one of the highest numbers of missing persons in Mexico, largely due to the activity of drug cartels.

As of May 31, official data shows that Jalisco has recorded 15,683 missing persons, according to the state prosecutor’s office. Authorities attribute most of these cases to criminal organizations, which often bury or cremate their victims clandestinely.

“The construction company notified us at the end of February after discovering some remains,” explained the official, González, adding that excavation efforts have been ongoing since then.

The Jalisco New Generation Cartel (CJNG) operates in the region and was designated as a foreign terrorist organization earlier this year by the administration of U.S. President Donald Trump. Washington has accused CJNG and the Sinaloa cartel of being the main sources of fentanyl trafficking, a synthetic opioid responsible for tens of thousands of overdose deaths in the U.S.

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Mexico has accumulated more than 127,000 missing persons, most of them since 2006, when the federal government launched a heavily criticized military-led anti-drug offensive.

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International

U.S. targets families of sanctioned drug traffickers with new Visa restrictions

U.S. Secretary of State Marco Rubio announced on Thursday a new visa restriction policy targeting the family members and close associates of individuals sanctioned for drug trafficking, as part of efforts to combat the spread of fentanyl.

Overdoses from this synthetic opioid remain the leading cause of death among Americans aged 18 to 44. According to official sources, more than 220 overdose deaths are reported daily in 2024, and over 40% of Americans know someone who has died from opioid-related causes.

“Today, I am announcing a new visa restriction policy (…) which will apply to close family members and personal or business associates of individuals sanctioned for drug trafficking,” Rubio said in a statement.

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