Saudi Arabia launched the sale of $17.5 billion of debt on Wednesday, according to two people familiar with the deal, in what would be the largest emerging-market bond issue. It is the kingdom’s first international bond sale, a bid to support a sweeping effort to keep its economy afloat as oil income dwindles. Read more.
After 45 years on the radar, the Woman’s Building is finally also on the map. On June 8, the L.A. Conservancy architectural preservation society formally announced that the L.A. City Council had approved the building’s Historic Cultural Monument designation. Besides protecting the building's 1914 Beaux Arts design against the future development going on all around it, this move also resoundingly acknowledges what generations of artists and feminists in L.A. and around the world have known for decades: The Woman's Building is one of the most significant cultural heritage sites of the last 50 years. Read more.