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}A daily digest of opinions and analysisBrazilian Pirates Navigate the AsphaltPolicing cutbacks, rampant corruption and inequality have fueled a lucrative new enterprise in Brazil, where roadway bandits are expected to make off with $1.3 billion this year. Mac Margolis explains why the country’s supply routes have become a breeding ground for cargo pirates. U.S. Travel Ban to Cuba Is No Blessing in DisguiseCould crippling Cuba’s tourism industry help the country in the long run by forcing it to diversify? It’s a nice thought, and at least one social scientist thinks it’s plausible. But Noah Smith says the theory is rooted less in sound economics than in magical realism.The Bizarre Story of Civil Asset ForfeitureLetting police seize property without filing charges may seem odd on its face, but the history of the legal practice is stranger still. Stephen Mihm explains how the controversial U.S. policy emerged from a medieval belief in the “guilt” of objects. Why Shirtless Putin Is Having the Last LaughSummer is the traditional season for the Russian president to cavort topless in the great outdoors. Relatedly, it’s when those ubiquitous vacation photos start appearing in the global press. Leonid Bershidsky argues that the macho imagery doesn’t impress Russians, but Western journalists can’t look away — just as Putin, ever the troll, likes it. Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsThe market really is different this time (MoneyBeat)Individually rational and collectively crazy (Institutional Investor)Plans to rethink America’s malls can’t keep up with retail’s collapse (Bloomberg)(Read Barry Ritholtz’s full daily news roundup here.) Bloomberg GadflyChina's great property pushbackBill Ackman’s plan for ADP is ... wait for it ...Berskshire shares need deal fuel to fly any higher(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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