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1,234円
The economics of superintelligence
The world this week
Politics
Business
The weekly cartoon

Leaders

Humanity’s next step
The economics of superintelligence
If Silicon Valley’s predictions are even close to being accurate, expect unprecedented upheaval
A large golden coin with a dollar sign on its face, radiating light like the sun
GENIUS inspiration
The world should follow Trump’s lead on stablecoins
With the right rules, innovation could flourish
A mother holds her malnourished toddler in Gaza
The Middle East
The continuation of the war in Gaza disgraces Israel
It no longer has a military justification
President Volodymyr Zelensky speaks to the press
A self-inflicted wound
Volodymyr Zelensky has made a strategic blunder
A new law jeopardises Ukraine’s progress against corruption—and erodes the Western support it needs
President Recep Tayyip Erdogan at a press conference
Presidential ambitions
Peace in Turkey must not become a smokescreen for repression
A deal with the Kurds is welcome. Erdogan’s authoritarianism is not

Letters
A selection of correspondence
What many in the asylum and migration policy world think
By Invitation
Portrait of the author
By Invitation
Asylum systems should be fixed, not scrapped, says the UN’s refugee boss
Briefing
A superintelligent robot towers over a human
Artificially incautious
AI labs’ all-or-nothing race leaves no time to fuss about safety
They have ideas about how to restrain wayward models, but worry that doing so will disadvantage them
A timeline of technological evolution, from a simple cart to superintelligent robot
Eureka all day long
What if AI made the world’s economic growth explode?
Markets for goods, services and financial assets, as well as labour, would be upended
Asia
An Indian man sat in a private jet drinking champagne
When first class isn’t good enough
The new private jet pecking order
Wheely fast
“Bangla Teslas” give Musk a run for his money
Japan’s political kaleidoscope
Ishiba Shigeru’s premiership is crumbling
Neigh bother
Conservationists have rescued the world’s last truly wild horse
Banyan
“Gated communities” are flourishing in India
China
President Xi Jinping looms over smaller figures standing at a lectern
Chairman of Everything
Xi Jinping is growing more elusive
Ports and geopolitics
The looming deadline for the Panama Canal ports deal
Shamraderie
“Comrade” is making a comeback in China
United States

Death from below
Underground with America’s nuclear-missile crews
Just because you can
The year of the women’s-sports bar
Lèse-majesté in America
Epstein’s ghost haunts the Trump-Murdoch alliance
Coupon clipping
Cuts to food stamps are about to hit in America
Weekend profile
Charlie Kirk, pied piper of the American right
Lexington
A little poetic justice for Donald Trump

The Americas
A collage of images of Donald Trump, Eduardo Bolsonaro, Jair Bolsonaro, Luiz Inácio Lula da Silva and Alexandre de Moraes
Dear Donald, thanks! Yours, Lula
Trump’s astonishing battering of Brazil
Cash no longer rules Caracas
A new paradise for crypto
Middle East & Africa
A soldier in front of the ruins of the Italian-built Mogadishu cathedral
Fragile and fragmenting
Somalia’s state-building project is in tatters
The other east Congo conflict
Ugandan intervention in Congo risks stoking ethnic violence
Cross-border jitters
A bloody week in Syria may have ripple effects in Lebanon
A deepening catastrophe
As Gaza starves, Israel fights on
Europe
President Emmanuel Macron visits the Paris air show
French defence spending
Macron was right about strategic autonomy
Topsy-turvy relationships in Turkey
Kurds and Turks are closer than ever to peace
Backsliding in Kyiv
Outrage in Ukraine as the government attacks anti-corruption watchdogs
European coffee
Could Europe be the next big coffee producer?
Charlemagne
Cigarettes, booze and petrol bankroll Europe’s welfare empire
Britain
A far-right protest in Sunderland, a city in England
The lingering effects of disorder
A year after Britain’s riots, things have deteriorated
Polling on Britain’s social unrest
Seven in ten Britons expect more riots
A striking shift
Why are British doctors so radical?
Ofswatted
Britain’s water watchdog is to be put down
LIBORated
Vindication for two bankers. Questions for Britain’s legal system
Crime and no punishment
Why Britain’s police hardly solve any crimes
Bagehot
The peril of trying to please people
International
A woman and child walk through a corridor at the Wits Reproductive Health and HIV Institute in Johannesburg
Fighting HIV
Rethinking the war on AIDS
The Telegram
The surprising lessons of a secret cold-war nuclear programme
1843

South Africa
Dying for gold: who killed the miners of Buffelsfontein?
Identity theft
One William Woods was telling the truth. The other was living his life
India
Would you pass the world’s toughest exam?
War
I spent 500 days as a hostage of Hamas
Business
A Swiss Army-style knife with the logo of Xiaomi on it and products of the company coming out of it.
Xiaomi the money
China’s smartphone champion has triumphed where Apple failed
That sinking feeling
Trump’s tariff mayhem has been a blessing for shippers
Going east
The rail mega-merger that could transform American supply chains
A sticky situation
The Gulf’s oil giants risk becoming sprawling conglomerates
One for the price of two
Airlines’ favourite new pricing trick
Hailing a new era
Can Grab and GoTo forge a South-East Asian tech champion?
Schumpeter
The dark horse of AI labs
Finance & economics
A comic-style explosion of coins and dollar signs bursts from a cloud against a red background.
Beyond the memes
Crypto’s big bang will revolutionise finance
Feeling green
Has Trump damaged the dollar?
Stop hopping
Want higher pay? Stay in your job
Say a little prayer
Where will be the Detroit of electric vehicles?
Buttonwood
Why 24/7 trading is a bad idea
Free exchange
What economics can teach foreign-policy types
Science & technology
The National Ignition Facility’s preamplifier module increases the laser energy as it travels to the Target Chamber
Bomb squads
Inside the top-secret labs that build America’s nuclear weapons
Deus ex machina
Fragmentary Latin inscriptions can be completed with AI
Well informed
Do probiotics work?
Culture
The illustration shows Donald Trump having tomatoes thrown at him
Sting like the Bee
How satire is adapting to the second coming of Donald Trump
A taste of the high life
How much would you pay to nab a table at a swanky restaurant?
World in a dish
Cha chaan teng, Hong Kong’s quirky fusion cafés, are going global
In (and out) of Vogue
Booze, bills and $500,000 photoshoots: the golden age of magazines
Interior design
IKEA’s prints have transformed how homes everywhere look
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Fauja Singh beside a running track before a marathon in Toronto, Canada
Sikh Superman
Fauja Singh took up running somewhat late in life
1,234円
Winning the war on cancer
The world this week
Politics
Business
The weekly cartoon

Leaders

A slow-burn success
The world is winning the war on cancer
Progress has been remarkable. Death rates are down substantially, and are likely to fall further
Ukrainian President Volodymyr Zelensky during a visit to a military training area
America and Europe
Trump’s U-turn on Russia is utterly cynical—and welcome
His pivot on supplying arms could help Ukraine defend itself
Pixel art of a retro browser showing Google behind bars with a keyhole overlay
A tragedy of the digital commons
To survive the AI age, the web needs a new business model
Artificial intelligence has undermined the internet’s central bargain
A hand holding a frying pan with U.S. hundred-dollar bills flying out of it against a bright yellow background
Teflon capitalism, tested
Bit by bit, the world economy’s resilience is being worn away
Growth has held up astonishingly, given geopolitics. But it can’t last for ever
A British army officer patrols with Afghan soldiers in Helmand Province in 2007
An Afghan super-malfunction
The British people have been kept in the dark for two years
A data breach, a gag order, a stampede to duck responsibility

Letters
A selection of correspondence
The politicisation of the Federal Reserve
By Invitation

Everyday, everywhere
You don’t have to be America or China to win in AI, says Rishi Sunak
American energy policy
Climate change is a by-product of progress, not an existential crisis, says Trump’s energy czar
Briefing

Less deadly than you think
The world is making impressive progress averting cancer
And there are more improvements to come
Asia
Photomontage illustration, Ishiba Shigeru is central, with Tamaki Yuichiro in front, around them are images of the Japanese parliament, young people and TikTok
Hot mess
Japan’s politics is entering a messy new era
Crash course
How did Pakistan shoot down India’s fighter jets?
Asian diplomacy
Meet the most important voice in Australian foreign policy
Banyan
Welcome to Asia’s secret Silicon island
China
Collage of Ursula von der Leyen and Wang Yi
Fifty years of fraying ties
A savage squabble between China and Europe
Trading places
China’s exporters shrug off the trade war—for now
Sexism in universities
Why a fling with a foreigner insults China’s “national dignity”
United States

Dr Donald
The meaning of Trumpcare
Morbid maths
Quantifying Trumpcare
Peak exodus
What if America’s red states are about to lose their cheap-housing advantage?
Proof of the pudding
Americans are catching on to the joys of British food. Yes, really
All politics is national
Wyoming gets a MAGA makeover
Lexington
Why Superman is the least relevant superhero

The Americas
A woman carrying buckets of water from a well in a small Mayan community
Social welfare in Mexico
Mexico’s handouts do a bit for the poor and lots for Morena
Justice confused
Justice for Haiti’s murdered president is messy
Sargassum
Sand, sun and stench
Middle East & Africa
Israel carries out airstrike on Syrian Defense Ministry in Damascus, Syria
Another neighbour, another bombardment
Why did Israel strike Damascus?
Cease ceasefire
As the Houthis sink two ships in one week, the world shrugs
Deaths in the queue
A first-hand look at Gaza’s controversial food-distribution sites
A fragile overhaul
The dark side of Ethiopia’s liberalisation
Baba goes home
Muhammadu Buhari failed to build a better Nigeria, twice
Europe
Illustration of a Euro coin being cut by an egg slicer
Brussels sprouts a budget
Despite enormous challenges, the EU sticks with its puny budget
Art of the U-Turn
Fed up with Putin, Trump offers Ukraine arms and tariffs
Droning on
Ukrainian drones are killing ever more soldiers
Thirsty for income
Albania’s tourism boom is a boon for Jared Kushner
Integration watch
Switzerland is ticking towards a tighter deal with the EU
Charlemagne
Germany’s “memory culture” prevents it from coping with Gaza
Britain
An illustration of a person sweeping up a pile of golden mortarboards.
Leaner learning
Britain’s bankrupt universities are hunting for cheaper models
Brain gain?
Britain has a rare opportunity to lure American talent
Best of enemies
Britain and Germany sign a historic treaty
Justice delayed
How to solve the backlog in England’s courts
Protected mammals
British bats are a conservation success story
Bagehot
Operation Rubific, the portrait of failure
International
Switzerland celebrate their first goal at the women’s Euros
A whole new ball game
The rise and rise of women’s sport
The Telegram
Cynical realism won’t save India from Donald Trump
Business
An illustration of a tomb of 'The World Wide Web, 1989-2025'.
World wide worries
AI is killing the web. Can anything save it?
Castles in the cloud
Can Nvidia persuade governments to pay for “sovereign” AI?
Red flag
The spectacular folly of Donald Trump’s copper tariffs
Raring to go
America throws big money at a small rare-earths mine
Ketchup if you can
Kraft Heinz is not the only food giant in trouble
Room boom
The hottest new travel destination for hotel brands: India
Bartleby
Are superstars as good when they move jobs?
Schumpeter
Move over, Tim Cook. Jensen Huang is America Inc’s new China envoy
Finance & economics
illustration showing a red upward-pointing arrow zigzags through a field of wooden feathered arrows stuck in the ground
Disaster-proof capitalism
War, geopolitics, energy crisis: how the economy evades every disaster
American protectionism
Trump’s real threat: industry-specific tariffs
Ground down
Our Big Mac index will sadden America’s burger-lovers
The rate escape
Americans can still get a 2% mortgage
Buttonwood
Stablecoins might cut America’s debt payments. But at what cost?
Free exchange
Why is AI so slow to spread? Economics can explain
Science & technology
Thinking man statue with a digital coded overlay and his head is missing
Artificial stupidity
Will AI make you stupid?
Bedtime story
Why do people sleep? A new study points to the brain
Well informed
Should you take creatine?
Culture
A shadowy figure running away from an opening door with the light bleeding in. The door also resembles a book
Spooky stuff
Uncovering the foibles of the KGB and the CIA
Getup to get down
Feather boas and bald caps: the wacky world of concert fashion
Human trafficking
China’s child-snatching business
Top dollar
What a football shirt can tell you about finance and geopolitics
Trickle-down economics
Water bottles, the accessory Gen Z is thirsting after
If it ain’t broke
The rise of AI art is spurring a revival of analogue media
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Simon Groot holding a cabbage in a field
The joy of veg
Simon Groot scattered better plant seeds across the world
1,234円
The world this week
Politics
Business
The weekly cartoon

Leaders

It is not working
Scrap the asylum system—and build something better
Rich countries need to separate asylum from labour migration

Welcome to Poundland
Britain is cheap, and should learn to love it
Workers and assets are on sale to the rest of the world for bargain-basement prices
Cranes and shipping containers at a port in Pyeongtaek, South Korea
Suddenly, then gradually
America cannot dodge the consequences of rising tariffs for ever
Their economic impact has been delayed but not averted
Thailand’s Prime Minister Paetongtarn Shinawatra
Land of frowns
After another leader is brought low, Thailand’s voters need a real choice
The kingdom is stagnating while its elites squabble
Illustration of a hand popping open a pill container, with hexagonal shapes representing hormones emerging from the tube
Hormones
Sex hormones could be mental-health drugs too
If they can be liberated from ignorance and hucksterism

Letters
A selection of correspondence
Cash is an ineffective way of boosting birth rates
By Invitation

A win-lose situation?
To understand America today, study the zero-sum mindset, writes Stefanie Stantcheva
The greenlash’s silver lining
Vinod Khosla on how the anti-green agenda could help climate tech
Briefing
World Food Programme trucks at the Adre refugee camp
Wretched, refused
The global asylum system is falling apart
What should replace it?
Asia
Protestors rally in front of Vicory Monument in Bangkok demanding the resignation of the Thai prime minister
Turning to sand
Is Thailand heading for another coup?
Street dreams
How to ease pollution, gridlock and honking on India’s roads
Megashows
Osaka’s World Expo is winning over grumpy Japanese
Murder she baked
Australia’s mushroom murderess is found guilty
Banyan
Mahathir Mohamad, the leader who transformed Malaysia, turns 100
China
A person pushing a shopping cart , held back by a giant ball and chain
Left in the lurch
Why so many Chinese are drowning in debt
Balancing the books
China’s local governments are approaching a fiscal black hole
Cyber-spying
America is coming after Chinese it accuses of hacking
United States
A protester holds a sign in front of federal agents at MacArthur Park during immigration raids in Los Angeles.
Cold as ICE
ICE’s big payday makes mass deportation possible
Immigration court
What goes on in America’s immigration courts
Hell country
What went wrong in the Texas floods?
Conspiracy catnip
Jeffrey Epstein is still causing trouble for Donald Trump
Know when to fold
The Big Beautiful Bill will kill one profession
Hormonal men
American men are hungry for injectable testosterone
Lexington
What Donald Trump owes William F. Buckley

The Americas
Illustration of a British lion with a face made of the Argentinian sun, facing away from China and towards a F-16 fighter jet
Game of southern cone
Inside the secret military dialogue between Britain and Argentina
A losing battle
Brazil is bashing its patron saint of the environment
Middle East & Africa
US President Donald Trump, with Israeli Prime Minister Benjamin Netanyahu, during a dinner at the White House in Washington, DC
An elusive ceasefire
Ending the war in Gaza is still fiendishly difficult
At its lowest ebb
Hamas looks close to defeat
Trumpafrique
Donald Trump’s approach to Africa is very, well, African
Assassin’s creed
Got an enemy? Hire a killer
Unlikely partners
Congo’s football diplomacy
Europe
A woman lights a cigarette placed in a rainbow placard depicting Hungary's Prime Minister Viktor Orban
Pride before a fall
Viktor Orban’s economic luck runs out
Unfinished business
Ukraine’s political infighting gets nasty
The accidental chancellor
Austria’s leader is striving to fend off the hard right
Send the bad guys away
More European countries want to send their prisoners to other countries
Army of me
Iceland has no armed forces, but that could change
Charlemagne
Denmark’s left defied the consensus on migration. Has it worked?
Britain
An illustration of a shop front with many signs that indicate discounts and closing down sales. The sign above the door reads: “STOCKS BONDS ASSETS FUNDS INDEXES STAKES”.
Cheap and cheerful
British stocks and bonds look like a bargain
Cheap workers
British labour is a bargain
Pension pothole
Britain’s public finances are bad. Their future looks worse
Advantage: NIMBYs
The court that could thwart Wimbledon’s ambitions to grow
Bagehot, and so much more
David Lipsey, former Bagehot columnist, died on July 1st
France and Britain
Macron beats Trump to London
Bagehot
Where are all the briefcase wankers?
International
A service member of the Russian peacekeeping troops walks by a tank near the border with Armenia
At the crossroads of empires
Putin’s war in Ukraine may cost him control of the south Caucasus
The Telegram
The 19th century is a terrible guide to modern statecraft
Business
A golden unicorn in a field of digital valleys.
Venturing big
Silicon Valley is racing to build the first $1trn unicorn
Up in the clouds
Can a $9bn deal sustain CoreWeave’s stunning growth?
Work-life-balancing act
Does working from home kill company culture?
Deconstructed
America’s broken construction industry is a big problem for Trump
Muted, then blocked
Linda Yaccarino goes from X CEO to ex-CEO
Low spirits
Pity France’s cognac-makers
Bartleby
On Lego, love and friendship
Schumpeter
A CEO’s summer guide to protecting profits
Finance & economics
Illustration of a person in a blue suit with a red tie, seated at a red table with hands clasped together. In front of the person are colored shipping containers
Tariff-hopping mad
Trump’s trade deals try a creative way to hobble China
President’s bump
How America’s economy is dodging disaster
A foot like a traction engine
Struggling with the trade war? Amateur football might help
At long last
Japan has been hit by investing fever
Buttonwood
Don’t invest through the rearview mirror
Taking heat
Jane Street is chucked out of India. Other firms should be nervous
Free exchange
Want to be a good explorer? Study economics
Science & technology
Illustration of a distressed woman with white hair covering her face, while hexagonal shapes symbolizing hormones scatter from her head
Hormones and mental health
Could hormones help treat some forms anxiety and depression?
Buried treasure
Ancient proteins could transform palaeontology
A flying visit
An interstellar object is cruising through the solar system
Well informed
RFK junior wants to ban an ingredient in vaccines. Is he right?
Culture
An illustration of a pile of gold coins with stacks that form bullets and shotgun ammunition scattered around the pile.
Invisible hand-to-hand combat
In war, incentives matter more than courage
A man of steel for all seasons
What Superman tells you about American foreign policy
A thumping success
How Bad Bunny leapt to the top of the global music charts
In her prime
Handling feelings with rubber gloves: the odd life of Muriel Spark
Back Story
Why the left gains nothing from pop stars’ support
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Jimmy Swaggart preaches during a rally in Milwaukee, Wisconsin in 1985
Praying and weeping
Jimmy Swaggart tripped up on his progress to Heaven
1,234円
The world this week
Politics
Business
The weekly cartoon

Leaders

Big, beautiful…bonkers
Trumponomics 2.0 will erode the foundations of America’s prosperity
The Big Beautiful Bill is symptomatic of a wider malaise

The tragedy of Labour
Sir Keir Starmer is rapidly losing his authority
As well as his hope of achieving much in office
People look at their phones as they line up to buy Apple products outside a store in Beijing, China
Surveillance state
China is building an entire empire on data
It will change the online economy and the evolution of artificial intelligence
William Ruto
Wrong direction
William Ruto is taking Kenya to a dangerous place
The president’s authoritarian instincts are propelling a spiral of violence
collage featuring a perfume bottle, a Fenty lipstick and cream pot in the centre and on the sides, crops of charts and a pic of beats headphones and beauty ads
The new star power
How A-listers are shaking up the consumer-goods business
Hailey Bieber, Rihanna and Ryan Reynolds are among a new cohort of celebrity entrepreneurs

Letters
A selection of correspondence
Manufacturing remains a core driver of economic growth
By Invitation
Portrait of Richard Clarida
Central-bank independence
The best check on Fed politicisation is fear of being judged a failure, says Richard Clarida
The future of warfare
This is Europe’s Manhattan Project moment, argues a tech boss
Briefing
A photo illustration showing aggressive firecrackers erupting from the U.S. Capitol
The inglorious Fourth
The big beautiful bill reveals the hollowness of Trumponomics
Republicans mark America’s birthday with a profligate but insubstantial law
A portrait of Elizabeth McDonough
Fiat lex
The obscure Senate functionary whose word is law
Elizabeth MacDonough does more to shape legislation than most congressmen
Asia
Illustration of the silhouettes of 2 young men, one on a moped and one standing, they're in front of the fence of a military base. The standing man is taking a photo of a fighter jet taking off, the one on the moped is on his phone.
Mapped, monitored and manipulated
China’s bid to influence the Philippines heats up
Missiles and waterslides
Welcome to North Korea’s Benidorm
Tied down
Thailand’s prime minister has been suspended
Statues in the Stans
Central Asia still has a complex relationship with Russia
Banyan
Why all Indians are rule-breakers
China
A man looks at his mobile phone while waiting for a bus in China.
Big data will see you now
China’s giant new gamble with digital IDs
The 5%
China’s growth targets cause headaches—even when met
Peruse at your peril
Beware tomes of Chinese political gossip!
Closing time
Hong Kong’s last functioning pro-democracy party disbands
United States

Speedy justices
The Supreme Court keeps helping Donald Trump
Shari’s gambit
Will bowing to Trump win Paramount its merger?
Welcome to Trader Zoh’s
Should cities run their own supermarkets?
Inside job
Why Thomas Jefferson is rolling in his grave
Unhappy birthday
On its tenth birthday, gay marriage in America is under attack
Lexington
America needs an honest reckoning over its spy agencies

The Americas
This illustration shows Luiz Inácio Lula da Silva in a suit with Brazil's presidential sash holding a large blue balloon. A hand with a pin is about to pop the balloon. The background is the Brazilian flag.
Faded dreams
Brazil’s president is losing clout abroad and unpopular at home
Don’t believe the numbers
Cuba’s leaders fiddle the figures
Elbows down
Canada makes a first concession to Donald Trump
Middle East & Africa
Iraq's Shia Muslims commemorate martyrdom of Imam al-Hussein
The future of political Shiism
Iran’s “axis of resistance” was meant to be the Shias’ NATO
A never-ending conflict
Israel’s weird war clock: 12 days for Iran, 21 months in Gaza
A stubborn status quo
The Israel-Iran war has not yet transformed the Middle East
A downward spiral
Kenya’s president is bad news for Kenya and Africa
Nice deal, on paper
A peace agreement in Africa that will probably not bring peace
Europe
Flowers on a bridge in Moscow, part of the Summer in Moscow event
Inside Russia
In Putin’s Moscow, a summer of death and distraction
Catalan calm
A pragmatic amnesty for separatists benefits Catalonia
Trump’s turn to Tayyip
Turkey’s strongman is becoming Donald Trump’s point man
Turkey
An infestation of ticks menaces Istanbul
Gap on the right wing
Germany’s Bundestag bars AfD MPs from its football team
Charlemagne
The sleeping policeman at the heart of Europe
Britain
An illustration of a pile of mostly deflated red balloons with the Labour party logo on them.
One year of Labour
Starmer’s wasted first year
The British economy
Labour is bungling its growth “mission”
Our Starmer tracker
Measuring Sir Keir Starmer by what people actually care about
Hot protest summer
Britain’s draconian approach to pro-Gaza activism is likely to backfire
Schools in cities
A quiet education revolution in England’s secondary cities
The Shipping Forecast at 100
Britain’s least controversial national treasure
Bagehot
Britain is already a hot country. It should act like it
International
An aerial view of the Akkuyu Nuclear Power Plant (NPP) construction site, in Mersin, Turkiye.
Nuclear power for civilian use
Putin’s radioactive chokehold on the world
The Telegram
How South Africa could harness Donald Trump’s wrath
Business
A collage of Kim Kardashian, Idris Elba and Ryan Reynolds.
Fame and fortune
Kim Kardashian, Ryan Reynolds and the age of the celebrity brand
Tragedy, then farce
A Wall Street wheeze makes a surprising comeback
A fruity business
Would you pay $19 for a strawberry?
A developing divide
Superstar coders are raking it in. Others, not so much
Horse power
Ferrari is looking less like a carmaker and more like Hermès
Bartleby
Are startup founders different?
Schumpeter
Jeff Bezos 2.0: new wife, newish job, old vision
Finance & economics
illustration of a traditional Chinese pagoda, leaning to the right, with a blank price tag hanging from its top
Involutionary road
Xi Jinping wages war on price wars
The tariff show
How to strike a trade deal with Donald Trump
Fiscal foie gras
Big, beautiful budgets: not just an American problem
First-class mess
Can Trump end America’s $1.8trn student-debt nightmare?
Copper-bottomed
Vanguard will soon crush fees for even more investors
The bomb squad
Inside Iran’s war economy
Free exchange
India’s Licence Raj offers America important lessons
Science & technology
A plant using photosynthesis to create new proteins.
The new nanotech
AI is helping to design proteins from scratch
Life drawing
A new project aims to synthesise a human chromosome
Kleptoplasty
How sea slugs give themselves superpowers
Well informed
Is being bilingual good for your brain?
Culture
This illustration shows three people sitting on a couch, staring at a screen. Behind them looms a large shadowy figure with hands reaching toward them. The colors are dark and moody, creating a tense, eerie atmosphere.
Fatal attraction
The TV shows people risk death to watch
Fair use on the internet
A YouTuber kicks up a stink over a flatulent “reaction” video
Dastardly, deadly and digital
Hollywood’s new favourite villain
Take their word for it
Before there was Oprah’s Book Club, there was the Book Society
Brothers in arms
Inside the uneasy, incongruous coalition of the Big Three
Please, brother, take a chance
Stop crying your heart out—for Oasis have returned to the stage
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
John Robbins eats at his kitchen table at home near Santa Cruz, California
Ice cream: good or bad?
John Robbins had serious doubts about the family business
1,234円
How to win the peace
The world this week
Politics
Business
The weekly cartoon

Leaders

Trump has gambled
How to win peace in the Middle East
After the bombs should come a plan to reset the region
A protester with a sign saying "Vaccines save lives" is removed as Robert F. Kennedy junior testifies during a confirmation hearing in January.
Jabbers and nuts
RFK’s loopy approach to vaccines endangers Americans
Donald Trump’s health secretary undermines global public health, too
This illustration shows two robotic arms handling small camouflage drones, stacking them in a tall pile against an orange background.
The economic consequences of war
How the defence bonanza will reshape the global economy
As they spend big, politicians must resist using one pot of money to achieve many goals
Muhammad Yunus sits in a gilded chair in Dhaka, Bangladesh
The wrong proscription
Banning the opposition is no way to revive Bangladesh’s democracy
The Awami League has a dire record. But voters should have a free choice
The Snow King mascot on a cup at a Mixue store in Beijing, China
The new ambassadors
Chinese brands are sweeping the world. Good
From fast food to video games, new marques are making their mark

Letters
A selection of correspondence
A closer look at American finance
By Invitation
Ban Ki-Moon and Helen Clark
Big powers and the United Nations
The UN’s dysfunction undermines global security, argue Ban Ki-moon and Helen Clark
Briefing
An Iranian woman sits close to a destroyed vehicle in Tehran
Settling dust, swirling questions
Israel’s war with Iran is over
But its impact is uncertain
People walk past a mural depicting Iranian missiles in Tehran
Obliterated or simply obscured?
How much did America’s bombs damage Iran’s nuclear programme?
Assessments vary wildly and it is impossible to know for sure
A conceptual illustration showing the link between defense and the economy: at the center, a ticking clock symbolizes urgency, while behind it, costly weapons spin like gears, emphasizing rising demands and accelerating military spending.
Complex post-industrial military
The war in Ukraine shows the West can re-arm without re-industrialising
Industrial capacity in peacetime is no longer necessary for success during war
Asia
An aerial view shows Bangladesh Nationalist Party (BNP) activists demanding justice for those injured during the 2024 mass uprising in Bangladesh, marching through the streets of Dhaka
After the revolution
A big mistake by Bangladesh
The art of no deal
India gets no favours from Trump
A tarnished legacy
Asia’s disgraced saint
Love hurts
Japan’s civil war over surnames
Banyan
A surprise East Asian love-in
China
The Dalai Lama prays at an event in Dharamshala, India.
Who will be chosen?
The Dalai Lama faces a horrible dilemma
Write and wrong
Chinese cops are cuffing erotica
The illiberal arts
China’s new army of engineers
United States
Collage featuring President Donald Trump at the centre
I came, I bombed, Iran
The fallout from Trump’s Iran strikes is political, too
Socialism for thee
The meaning of Zohran Mamdani’s win in New York
One Big Beautiful Bill
Why America’s hospitals don’t want their taxes cut
Showtime buttons up
Even for $10bn, the Los Angeles Lakers may look like a bargain
Hoop dreamers
Oklahoma City has been reborn, 30 years after the bombing
MAHA not funny
Robert F. Kennedy looks set to mess with vaccines
Lexington
Has Donald Trump solved Iran from the air?

The Americas
Dredges at an illegal gold mining area in Peru.
All that glitters
The gold bull-market has a dirty secret
Petro and the pueblo
Colombia’s dire president gets desperate
Pitch perfect
Dutch football has a secret team
Middle East & Africa
A call centre worker going from one cublicle to another with their headset. The Cubicle their leaving is orange while the one they are goign to is red, signifying the move of BPOs from India to Kenya.
The world’s new back office
Call centres could be a gold mine for Africa
Deaths in the night
Farmers in central Nigeria are being killed with impunity
Charting the horror
As all eyes are on Iran, the horror in Gaza persists
Europe
Britain's Prime Minister Keir Starmer, US President Donald Trump and NATO Secretary General Mark Rutte attending a NATO meeting
Yes, daddy
At a tricky NATO summit, a Trumpian meltdown is averted
The jobs of war
A defence splurge will slow Europe’s deindustrialisation
Austerians no more
Germany is embarking on an almighty borrowing binge
Rise of the robots
Ukraine is inching towards robot-on-robot fighting
Bitcoin, Babis and automobiles
A bitcoin scandal is good news for the Czech Donald Trump
Charlemagne
How strongmen mastered the art of dividing Europe
Britain
A collage of Keir Starmer with the industries mentioned in the Industrial strategy report.
Sector selector
Britain’s industrial strategy is unlikely to boost its economy
In the driving seat
The “motorsport mindset” behind Britain’s success in Formula One
Non-doms
Britain has bungled its taxes on the super-rich
Relative values
The culture wars are coming for cousin marriage in Britain
Turf wars
Why many British gardens are giving up on lawns
Bagehot
Feral Labour: why Sir Keir Starmer’s MPs have had enough
International
Sex workers coming out of a phone. This is linked to the Sweden ban on OnlyFans and sex work online.
Red lights, green lights
Sex work in the gig economy
The Telegram
Feckless Europe accepts Trump’s Lone Ranger diplomacy
Business
Labubu dolls on display at a toy exhibition in China.
Soft-toy power
It’s not just Labubu dolls. Chinese brands are booming
Part company
How to tell the West’s car industry really is in trouble
Vibe valuing
AI valuations are verging on the unhinged
Getting paid
How OnlyFans transformed porn
Big Smell
Behind the world’s fragrances sits a shadowy oligopoly
Profile
Wendell Weeks, the small-town boss at the big-tech table
Bartleby
The three rules of conference panels
Schumpeter
Who needs Accenture in the age of AI?
Finance & economics
Businessman in a suit rappelling down a giant tax bill as if it's a rope.
Minimising, maximised
How to escape taxes on your stocks
A large hump
Jane Street’s sneaky retention tactic
Can’t live with them…
Politicians slashed migration. Now they face the consequences
Buttonwood
The dream scenario for prediction markets
Free exchange
Why commodities are on a rollercoaster ride
Science & technology
This image combines 678 separate images taken by NSF-DOE Vera C. Rubin Observatory in just over seven hours of observing time.
Rising star
A new telescope will find billions of asteroids, galaxies and stars
Beyond doubt
Distrust in public-health institutions is not just an American problem
Well informed
Do longevity drugs work?
Culture
William Buckley in his office surrounded by piles of books
Standing athwart history, yelling stop
William F. Buckley, the man who put the charm into conservatism
Infectious storytelling
How zombies explain Brexit: the satire of “28 Years Later”
The Economist reads
The best novels published in the second quarter of 2025
Frame of mind
A new Dutch museum tackles migration through art
Back Story
How to hear a Hollywood star sing, for free
Pitt stop
“F1 The Movie” is a very expensive promotional film
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
After her inauguration as president of the country, Violeta Chamorro is celebrated in Managua
The woman in white
Violeta Chamorro was a mother first, a ruler second
1,234円
How will this end?
The world this week
Politics
Business
The weekly cartoon

Leaders
A torn Iranian flag with a missile-shaped negative space at the center of the rip.
Conflict in the Middle East
Where will the Iran-Israel war end?
In a worse place if Donald Trump rushes in

A new “Pug” test
To keep Russia out and America in, NATO must spend more
European members need a hard date to boost their defence budgets
Pedestrians walk past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in central Tokyo, Japan.
A fiscal fable
Japan’s government bonds: this time it won’t end well
Even as interest costs mount, politicians promise handouts
Newborn baby girl yawning in a hospital cot
Baby brain
Why MAGA’s pro-natalist plans are ill-conceived
Efforts to deliver a baby boom either fail or cost a fortune
A billboard showing an ad with two humans peels back to reveal a grid of colorful tiles, symbolizing AI
Computers v creatives
What the “cockroaches” of the ad world teach about dealing with AI
A rosé-soaked meeting in Cannes is like a postcard from the future

Letters
A selection of correspondence
Reforming the NHS
By Invitation

War in the Middle East
For Trump, both action and inaction in Iran have consequences, says Karim Sadjadpour
Briefing
Smoke rises from locations targeted in Tehran amid the third day of Israel's waves of strikes against Iran, on Sunday, June 15, 2025
Decisive attack, unknown result
Israel’s blitz on Iran is fraught with uncertainty
Much hinges on the stubborn supreme leader and America’s mercurial president
A satellite image shows the Isfahan enrichment facility
Target acquired
Israel’s race to kill Iran’s nuclear dream
If it fails the regime could make a frantic dash for a bomb
Iran's Supreme Leader Ali Khamenei
Inside the Islamic Republic
Will Iran’s hated regime implode?
Trump calls for Tehran to “immediately evacuate”
Asia
An Australian fan of K-pop band KTS holds travel cards with designs dedicated to the group in Seoul, South Korea on June 13th 2023
From shrimp to dolphin
Can South Korea’s new president get his country back on track?
Submarine warfare
Could Trump can AUKUS?
Multiple choices
India’s and China’s civil-service exams are notoriously difficult
Fangs for your attention
Why India has so many snakebites
Banyan
A White House love-in for Pakistan’s big man outrages India
China
A cat climbs in a wreckage of Russian ‘Geran’ drone shot down in Ukraine.
Clues in the wreckage
China has become the most important enabler of Russia’s war machine
Cash for clunkers
Chinese consumers are splurging—but probably not for long
Air pollution
Rich Chinese cities are suffocating poor ones
United States
Steam vents in Manhattan, New York, United States
The other half
Democrats could do a lot better with the power they hold
It tolls for thee
Congestion pricing in Manhattan is a predictable success
Voting and shooting
The attacks in Minnesota reflect a worrying trend
The Lumbee
The strange history of the tribe courted by Donald Trump
Presidential disapproval
Our model suggests President Trump is under water in every swing state
Lexington
The New York mayor’s race is a study in Democratic Party dysfunction

The Americas
A drone is launched during a Haitian police and MSS operation against armed gangs.
Whacking the gangs from above
Drone warfare is hitting Haiti
Wither Seleção’s swagger?
Brazilians love football. Their national team is past its prime
More dirt
Police allege that Jair Bolsonaro sanctioned a spy ring
Middle East & Africa

Topsy-turvy tariffs
China is trying to win over Africa in the global trade war
Expanding misery
The war in Sudan is spilling over its borders
Cheap and deadly
Africa’s scary new age of high-tech warfare
Europe
This illustration shows political leaders, military missiles, tanks, and fighter jets with a NATO flag in the background. The design uses bold black, white, and blue colors, suggesting themes of war, defense, and international politics.
Keeping the president happy
This week’s NATO summit will be all about placating Donald Trump
Foreign fighters welcome
Ukraine looks abroad to boost its manpower
Balkan bully on the ropes
Serbia’s Aleksandar Vucic is rattled
Sea of troubles
Corruption at the heart of his party wounds Spain’s prime minister
Bread on wheels
A revival for the classic Renault 5
Charlemagne
Europe wants to show it’s ready for war. Would anyone show up to fight?
Britain
View from Titterstone Clee Hill on a misty day in the Shropshire Hills National Landscape Area of Outstanding Natural Beauty
Regional identities
The English Midlands is unjustly overlooked
Enter the dragon
Biotech is coming to Wales
Doctors’ orders
Britain’s newest way of demoralising doctors
Front of the Q
MI6’s new “C” used to be “Q”. And she’s good with the gadgets
Child sexual exploitation
The grooming-gangs scandal is a stain on the British state
Bagehot
The rise of Nigel McFarage
International
A collage of When Harry Met Sally with a skyline of Istanbul.
Harry, meet Sally
Can men and women be just friends?
The Telegram
In Trumpworld, toppling rulers is taboo
Business
Several AI-like figures with globe-shaped heads sit around a conference table, watching a presentation. One figure, standing in a suit, pitches an advert featuring another AI figure holding a red object.
Creative destruction
AI is turning the ad business upside down
Knickers in a twist
Victoria’s Secret is struggling to reinvent itself
Oh, Brother!
The family saga at Germany’s media colossus takes an unusual twist
Zucked in
Mark Zuckerberg is spending megabucks on an AI hiring spree
People’s code
Why China is giving away its tech for free
Bartleby
How to build the right corporate culture
Schumpeter
Can a car boss turn around Gucci’s owner?
Finance & economics
Illustration of a graduate wearing mickey mouse ears
Crammed and damned
Why today’s graduates are screwed
Baramaki days
Japan’s debts are shrinking. Its troubles may be only starting
Paddy problems
Japan is obsessed with rice. And prices have gone ballistic
Offering little
Can China reclaim its IPO crown?
Dire strait
What the Israel-Iran war means for oil prices
Buttonwood
Investors ignore world-changing news. Rightly
Free exchange
Who are the world’s best investors?
Science & technology
illustration of a Rubik’s Cube floating in a digital space. One visible face of the cube features a robot head, while another shows a human face
AI benchmarking
How to find the smartest AI
Grim reaping
Climate change will hurt the richest farmers—and the poorest
Research rankings
Are China’s universities really the best in the world?
Well informed
Is the “manopause” real?
Celestial navigation
Meet the moths that use the stars to find their way
Culture
Silhouette of a man against a red background obscured by a sphere. There are blue pills scattered on the floor
Gender relations
The silly and sinister manosphere
You butter believe it
The year’s chicest shade is good enough to eat
American foreign policy
Was Zbigniew Brzezinski America’s most important foreign-policy guru?
Music mecca
The Laurel Canyon sound has reverberated down the decades
Mind your own business
The right to privacy has been hard-earned. It is imperilled again
Back Story
Donald Trump, Elon Musk and the age of the genius
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Brian Wilson of the rock and roll band "The Beach Boys" holds a copy of their 1963 album "Surfer Girl" in 1964.
The reluctant surfer
Brian Wilson attracted a fame he could hardly endure
1,234円
The world this week
Politics
Business
The weekly cartoon

Leaders

Factory fever
The world must escape the manufacturing delusion
Governments’ obsession with factories is built on myths—and will be self-defeating

American disorder
When a radical performance artist has command of an army
Donald Trump’s troop deployment in LA could yet backfire
Daniel Noboa, accompanied by a group of beneficiaries of government financial assistance, speaks during a ceremony before his inauguration in Quito, Ecuador on May 24th 2025
Latin America’s new drugs hub
How to curb organised crime without shredding civil rights
Ecuador is a test case in the fight against global gangs
People walk by the Apple Store on Fifth Avenue in New York, United States
Perestroika in Cupertino
In the age of AI, Apple needs to open up
Tight control over its products, once an asset, has turned into a liability
Rachel Reeves, Chancellor of the Exchequer, exits 11 Downing Street to present her Spending Review to Parliament in London, United Kingdom
Shoestring statism
Rachel Reeves’s big-government rhetoric is a worrying sign for Britain
The country needs defence spending and nuclear power, but not more social housing

Letters
A selection of correspondence
America’s tax on foreign investors
By Invitation

Welfare that doesn’t work
Britain’s ex-chancellor on how to fix a welfare crisis that’s partly of his own making
Crime in Latin America
Ecuador’s crime wave demands a more sophisticated response, says its former attorney-general
Briefing
A Bell 206 helicopter and a passenger-grade autonomous aerial vehicle (AAV) from EHang in an integrated airspace in Shenzhen.
Delivery drones and flying cars!
China’s “low-altitude economy” is taking off
The authorities have found a new industry they want Chinese firms to dominate
Asia
Employees work on a mobile phone assembly line at Padget Electronics Pvt., a subsidiary of Dixon Technologies Ltd., in Noida, India.
Indian tech
Can India really innovate?
Indic intelligence
Can India be an AI winner?
Horns of a dilemma
If China invaded Taiwan, who would enter the war?
Banyan
Fading Modi-momentum
China
Employees work on the bottling line at the Kweichow Moutai Co. liquor factory in Moutai, Renhuai, China
Adapt or dry
China’s booze business looks smashed
Can’t buy me love
Bride prices are surging in China
Great rejuvenation, grim departure
Would you want to know if you were terminally ill?
United States
Police officers look at a demonstrator during a protest against federal immigration sweeps in downtown Los Angeles, California, June 8th 2025
California screamin’
The meaning of the protests in Los Angeles
National guardians
Donald Trump can call in the troops
Give us your wealthy, from stable countries
Donald Trump’s new travel ban is coming into effect
Political neologisms
Does America now have a woke right?
Reading, writing, Jesus
How a Christian group is changing education in America
Lexington
The true meaning of Trump Derangement Syndrome

The Americas
Portrait of Daniel Noboa
Crime and justice
A Harvard man turned narco-gang-buster
Chaos in Colombia
Political violence has returned to Colombia
Controlling coca
Bolivia wants the world to stop treating coca leaves like drugs
Middle East & Africa
Visual story on the ordeal Gazans endure to get food under new aid distribution programme in Khan Younis
A shadowy aid group in Gaza
Conspiracy, cock-up or solution? The Gaza aid foundation
Enemy of my enemy
The gangster Israel is arming to fight Hamas
A report from the strip
A surprising power shift inside Hamas
The kernel of an idea
Globalisation is nuts
Putting the lux in Lagos
Luxury property’s final frontier
Europe
An employee assembles a Caesar cannon at the site of the French-German KNDS armament factory in Bourges, France.
Bombshell boomtowns
The cities winning from war
Make or break
Vladimir Putin unleashes a summer offensive against Ukraine
Dodging bullets
Five opposition-backed referendums fail in Italy
Sunshine in the Valley
Picasso’s home town is thriving
How to be good
As the NATO summit approaches, more than cash is at stake
Charlemagne
How Ireland became the Saudi Arabia of siphoned-off global profits
Britain
Collage illustration showing Rachel Reeves, houses in front, a power plant and ambulances behind her with a graph like shape in the background
Picking winners
Rachel Reeves has decided where Britain’s cash will go
The geography of public spending
For once, London is short-changed by the government
Grape Britain
The English have become wine producers as well as wine consumers
Ballymeaner
A new sort of unrest rattles Northern Ireland
Inverted snobbery
Inverted commas are falling out of fashion
To B61 or not to B61?
Might the Royal Air Force go nuclear again?
Bagehot
Welcome to Bonnie Blue’s Britain
International
A teenage boy from a Christian youth mission walk the streets of downtown Philadelphia with wooden crosses prior to a Stations of the Cross procession in Philadelphia, Pennsylvania, USA.
Secular stagnation
Why the West has stopped losing its religion
The Telegram
Taiwan thinks the unthinkable: resisting China without America
Business
Apple CEO Tim Cook waves during Apple's 2025 World Wide Developers Conference at the company's headquarters.
Falling from the sky
Can Tim Cook stop Apple going the same way as Nokia?
A bigger bite
The world’s biggest food company plans to beef up in America
Very demure, very mindful
Muslim “modest-wear” is a hit with fashionistas of all faiths
Taxi for Mr Musk
Can robotaxis put Tesla on the right road?
Weekend profile
The 11-year-old Ukrainian YouTuber snapping at MrBeast’s heels
Bartleby
A checklist for decision-making
Schumpeter
Make America French Again
Finance & economics
Illustration of a conveyor belt with parcels on with a cut in the middle in the shape of a worker with a hard hat on
Blue-collar blues
Factory work is overrated. Here are the jobs of the future
Neither up nor down
America and China have spooked each other
Out and about
The rise of the loner consumer
Heiry questions
How to invest your enormous inheritance
Buttonwood
European stocks are buoyant. Firms still refuse to list there
Free exchange
The economic lessons from Ukraine’s spectacular drone success
Science & technology
A drone is seen from below against a bright red background, centered in a digital green target crosshair and concentric radar-like circles
Battle of the beams
How to stop swarms of drones? Blast them with microwaves
Hidden in plain sight
A routine test for fetal abnormalities could improve a mother’s health
Well informed
How much protein do you really need?
Culture
An illustration of the world being gradually encased by a football.
The small v the mighty
The Club World Cup will be the most global football tournament ever
On thin ice
The melting of the Arctic will bring peril—and opportunity
Death of a plotter
Frederick Forsyth’s bestsellers drew on his work as a spy
Back Story
As “Jaws” turns 50, who is the blockbuster’s real hero?
In your streams
The 15 best films and TV shows released so far in 2025
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Valmik Thapar
Burning bright
Valmik Thapar was in love with all the tigers of India
1,234円
The world this week
Politics
Business
The weekly cartoon

Leaders

Phew, it’s a girl!
The stunning decline of the preference for having boys
Millions of girls were aborted for being girls. Now parents often lean towards them
Illustration of a dollar sign made out of barbed wire
Capital pains
America’s tax on foreign investors could do more damage than tariffs
Provisions in the Republican budget are a dangerous step
A Ukrainian solder flies a drone in eastern Ukraine.
Lessons from Ukraine
The West is rethinking how to fight wars
Ukraine’s daring raid on Russia has lessons for European armed forces. But they need cash, too

Asia’s forgotten hellscape
Myanmar is a demonstration of Chinese hegemony in action
China is playing all sides in the country’s bloody civil war
President Paul Kagame
Guerrillas v gorillas
Africa’s most admired dictator rolls the dice
Kagame’s intervention in Congo threatens his legacy at home

Letters
A selection of correspondence
Has crime fallen in Britain?
By Invitation

What price peace?
There is nothing extreme about the Baltic states’ hard-nosed view of Russia, says Latvia’s foreign minister
Briefing
An illustration highlighting the contrasting emotional responses: the celebration and joy surrounding the birth of a baby girl versus the subdued or disappointed reaction to the birth of a baby boy.
The fairer sex
More and more parents around the world prefer girls to boys
The bias in favour of boys is shrinking in developing countries even as a preference for girls emerges in the rich world
Asia
A member of ethnic rebel group Ta'ang National Liberation Army (TNLA) smokes as he guards a checkpoint.
Follow the pipeline
China is benefiting from the hell in Myanmar
Playing all sides
China calls the shots in Myanmar’s civil war
Martial law, impeachment and, finally, a new president
Lee Jae-myung is South Korea’s next president
You are… somewhere
The real reason Indians are lost
Indian universities
Can India create its own Ivy League?
Banyan
The mystery of China’s missing military
China
Apartment blocks under construction in China.
The Chinese economy
China is waking up from its property nightmare
Studying abroad isn’t so sexy
Chinese students want an American education less than they used to
Race to the bottom
Now China’s ultra-cheap EVs are scaring China
United States
Illustrated portraits of the nine current U.S. Supreme Court Justices, each justice has a large pixelated white cursor hand pointing at their chin, suggesting decision-making or scrutiny
Trial run
Meet SCOTUSbot, our AI tool to predict Supreme Court rulings
The neo-neo-con
Pete Hegseth once scared America’s allies. Now he reassures them
DOGE bites man
Elon Musk’s failure in government
Squeezing the brakes
Police are cracking down on cyclists in New York City
Cap and fade
California’s carbon market reaches an inflection point
Primary colours
What a New Jersey election says about MAGA America
Election daze
Why stricter voting laws no longer help Republicans

The Americas
San Isidro from the air
Still divided
Slums, swimming pools and Latin America’s inequality
Cherry picked
Mexico’s ruling party, Morena, has captured the judiciary
Multi-ethnic, mega-corrupt
Suriname’s chaotic democracy just chose its first woman president
Middle East & Africa
Portrait of Paul Kagame
The Clausewitz of Africa
Africa’s cynical master of power politics
The Israeli far right
Israel “won’t commit suicide”, says the government’s ideologue
A lasting peace?
Kurdish armed groups are laying down their weapons
Europe
The German 45th Armored Brigade "Lithuania" are officially inaugurated at a ceremony Vilnius, Lithuania
German militarism
Germany is building a big scary army
Populist pugilist
What Poland’s new president means for Europe
Drones and diplomacy
Ukraine smashes Russia’s air force and a key bridge
Populist paralysis
The hard-right’s champion blows up the Dutch government
Charlemagne
The constitution that never was still haunts Europe 20 years on
Britain
F-35B line teams conduct see off procedures before Lightning jets launch for Exercise MEDSTRIKE
Defence plans
Britain’s ambitious plan to rearm looks underfunded
Fire and furore
A ruling in Britain stokes fears of backdoor blasphemy laws
Drip, drip
Can Britain untangle the mess in its water industry?
AI and social care
Britain’s AI-care revolution isn’t flashy—but it is the future
All shook up
A new London attraction hopes to revive interest in Elvis
Fixing public buildings
Manchester’s Town Hall renovation will be late, costly and worth it
Bagehot
All pain, no gain: Labour’s odd strategy
International
A coffin is lowered into the ground - as people take part in a funeral ceremony to bury the remains of 60 Russian soldiers and 3 civilians, killed in the course of Russia-Ukraine conflict, at a cemetery in Luhansk, Russian-controlled Ukraine.
Deathonomics
Vladimir Putin’s sickening statistic: 1m Russian casualties in Ukraine
The Telegram
To earn American help, allies are told to elect nationalists
Business

Media’s first family
Even as the Murdochs bitterly feud, their empire thrives
A degree of uncertainty
Which universities will be hit hardest by Trump’s war on foreign students?
Power brokers
How managing energy demand got glamorous
Retail therapy
What Bicester Village says about the luxury industry
Yet another day of rest?
Germany thinks about cancelling a public holiday
Bartleby
A short guide to salary negotiations
Schumpeter
AI agents are turning Salesforce and SAP into rivals
Finance & economics
Illustration of the statue of liberty with a lot of shopping bags over her arms
Taking liberties
Trump thinks Americans consume too much. He has a point
Capitol controls
Who would pay America’s “revenge tax” on foreigners?
Tracking prices
Trump’s tariffs have so far caused little inflation
Reality sheikh
Will the UAE break OPEC?
Buttonwood
Why investors lack a theory of everything
Free exchange
Stanley Fischer mixed rigour and realism, compassion and calm
Science & technology
Illustration of two scientists stand in front of a human head silhouette, examining colorful neural pathways connecting to a central brain node.
Glimmers of hope
The Alzheimer’s drug pipeline is healthier than you might think
Scrollytelling
How old are the Dead Sea Scrolls? An AI model can help
Empty space
A leaderless NASA faces its biggest-ever cuts
Well informed
How much coffee is too much?
Culture
An illustration of a person lying down in nature resting their head on a pile of books whilst reading. A bird is perched on their knee and sings with a big yellow sun in the background.
Spine-tingling
The 40 best books published so far this year
Blooming expensive
Would you pay $100,000 for an orchid?
Stay tuned
Hit songs are getting shorter
Material benefits
African architects have cool designs for a warming planet
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Portrait of Amanda Feilding with a parrot
The queen of consciousness
Amanda Feilding fought to rescue the reputation of psychedelics
1,234円
New, untested and dangerous
The world this week
Politics
Business
The weekly cartoon

Leaders

New and untested
American finance, always unique, is now uniquely dangerous
Donald Trump is putting an untested system under almighty strain
Rally in support of international students at Harvard University, Cambridge, USA - 27 May 2025
How to repel talent
Pausing foreign applications to American universities is a terrible idea
The Trump administration hobbles a great American export
El Salvador's President Nayib Bukele
A dictator’s progress
First he busted gangs. Now Nayib Bukele busts critics
El Salvador’s president has all the tools of repression he needs to stay in power indefinitely
The illustration is showing a feeding clear feeding bag with a rose inside
Intensive care
How Labour should save the NHS
Among all its ideas, the most important is to go all-in for digital transformation
Air conditioning units hang from a building during high temperatures in New Delhi, India
The lesser of two evils
India needs to turn the air-con on
If its awful air pollution is ever solved the country will get even hotter

Letters
A selection of correspondence
Does Europe have a free-speech problem?
By Invitation

American business and trade
Want to destroy American business? Protect it, writes Carl Benedikt Frey
Briefing
Inmates crowded in a cell at the Counter-Terrorism Confinement Centre (CECOT) mega-prison in El Salvador
From cool to cruel
Nayib Bukele is devolving from tech-savvy reformer to autocrat
El Salvador’s president is young, MAGA-friendly and ruthless
Asia

Climate change
If India chokes less, it will fry more
Be more chill
Can India be cool?
Compounding misery
Myanmar’s scam empire gets worse, not better
The unwilling of the coalition
Australia’s conservatives bicker in the political wilderness
Banyan
Narendra Modi has kept his vow to make India like Gujarat
China
Two robots in a race, the robot ahead is holding the American flag and the one just behind holding the Chinese flag
The superpower technology race
Xi Jinping’s plan to overtake America in AI
All that hot air
China’s carbon emissions may have peaked
Chinese consumers
China’s crazy reverse-credit cards
United States
President Donald Trump is joined by Speaker of the House Mike Johnson as he speaks with reporters upon his departure from the Capitol.
A big, beautiful do-over
America’s Senate plans big changes for the House’s spending bill
Unfair taxes
America has found a new lever to squeeze foreigners for cash
Ivy beleaguered
Demand for American degrees is sinking
Elbows up, library cards out
MAGA: protecting the homeland from Canadian bookworms
Lumpkin it
America’s immigration detention centres are at capacity
The Zillennial election
How young voters helped to put Trump in the White House
Lexington
Why would Texas Republicans object to conservative, pro-family developers?

The Americas
Britain's King Charles reviews the guard of honour as he arrives at the Senate of Canada Building in Ottawa, Ontario, Canada
Cowboys in Canada
The king “loves” Canada. Many Albertans want out
Otherworldly success
Why Latin American Surrealism is surging in a down art market
The eloquently silent voice
Venezuela’s sound of silence
Middle East & Africa
Israeli Prime Minister Benjamin Netanyahu speaks during the Jerusalem Day official ceremony at Ammunition Hill in Jerusalem
The war in Gaza
Israel fuels three emergencies as its furious allies bail out
On the sidelines
The losers of the new Middle East
Murder in Birakat
What a massacre reveals about Abiy Ahmed’s Ethiopia
The Alabuga connection
Africans are building Putin’s suicide drones
Cultural globalisation
Afrobeats’ new groove
Europe
The illustration depicts a handshake with a red dragon in the background and stars scattered across the background
Here be dragons
Europe’s tricky trade threesome
Catholics in France
France’s improbable adult baptism boom
Young Turks
A new threat to Erdogan: Gen Z
The war in the air
Russia is raining hellfire on Ukraine
Charlemagne
Europe fantasises about an “Airbus of everything!” Can it fly?
Britain
Illustration of a rose tattoo with a banner around it that says NHS on a back that is bruised and cut up
Labour and the NHS
Where next for Britain’s broken National Health Service?
TikTok, fillers and fraud
Harley Street resists a facelift
Alternative navigation
What on earth is what3words?
Grate Britain
Should cheese rolling be protected as British heritage?
Frenemies
Sir Keir Starmer’s Scottish reset is under strain
Bagehot
Doctors, teachers and junior bankers of the world, unite!
International
Illustration of cybercrime with symbols like Bitcoin, email, binary code, and a phishing hook surrounding a human silhouette on a computer screen
The gig economy of crime
The Uber of the underworld
The Telegram
Donald Trump steals Xi Jinping’s favourite foreign policy
Special report
An illustration of two bulls facing off against each other.
The new masters of the universe
Financial giants are transforming Wall Street
Convergence
Clash of the titans
Trapped capital
What it means to be illiquid
Private lending
The debt barons who are taking on the banks
Speculation
The latest investment fad is made for gamblers
Titans of finance
Can anything stop America’s superstar hedge funds?
Future shock
How the next financial crisis might happen
Business
This illustration portrays a clean, modern city skyline using a bright and stylized aesthetic. The buildings are tall and sleek, with glass facades and distinct architectural designs, including rounded edges and sharp angles. The background is a vivid yellow
The new economies of scale
Why it has never been better to be a big company
Eastward ho!
Will European business turn away from America?
Slow burner
Europe’s attempted bonfire of red tape is impressing no one
BAT race
The contest to cash in on Chinese AI heats up
Lifted up
Boeing enjoys a Trump bump
Bartleby
A manager’s guide to handling crises
Schumpeter
Can Korea Inc step up?
Finance & economics
A ship carrying containers at the Port of Los Angeles
Collision course
The courts block Trump’s tariffs. Can he circumvent their verdict?
Back to the 1930s
Trump’s financial watchdogs promise a revolution
Tightening the screws
Soaring bond yields threaten trouble
Boy cries wolf
Why AI hasn’t taken your job
No capex please, we’re Indian
India has a chance to cure its investment malaise
Buttonwood
Shareholders face a big new problem: currency risk
Free exchange
How might China win the future? Ask Google’s AI
Science & technology
scrolls
Digital archaeology
The decoding of ancient Roman scrolls is speeding up
Third time unlucky
Elon Musk’s plans to go to Mars next year are toast
Blemish treatment
Old oil paintings are suffering from chemical “acne”
Pest control
Snakes may have once faced a vicious enemy: the humble ant
Well informed
Should men be screened for prostate cancer?
Culture
Xi father
Party, piety, pity
How an agonising relationship with his dad shaped Xi Jinping
Death on the Danube
The second world war changed Budapest for ever
Out in the open
Museums should open up their storerooms
Back Story
“American Dirt”, and how commerce beats cancel culture
Feeling averse
Rhyme, once in its prime, is in decline
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary

Green light flashing
Simon Mann was the go-to guy for military coups and bespoke warfare
1,234円
The man with a plan for Vietnam
The world this week
Politics
Business
The weekly cartoon

Leaders

Vietnam
The man with a plan for Vietnam
A Communist Party hard man has to rescue Asia’s great success story
Donald Trump riding an elephant through a science laboratory
Exit, pursued by an elephant
MAGA’s assault on science is an act of grievous self-harm
America will pay the price most of all
U.S. President Trump pictured next to U.S. House Speaker Mike Johnson as they attend a closed House Republican Conference meeting on Capitol Hill in Washington DC, USA.
A big baleful bill
The Senate should vote down Donald Trump’s reckless tax cuts
If it does not, a collision with the bond markets awaits
Collage style illustration of Kier Starmer on a blue background with yellow stars next to him
Ever closer negotiation
The best part of the UK-EU deal is a system for doing more deals
Sir Keir Starmer’s “reset” is still a hard Brexit. It will need softening
President Trump speaks in front of a map of the proposed "Golden Dome" missile defense system in the Oval Office at the White House in Washington, DC on May 20th 2025
Donald Trump’s Golden Dome
The plan to protect America by shooting down missiles mid-air
It’s not as outlandish as it sounds

Don’t throw it away
How Poland can keep its place at the heart of Europe
If it turns inward, the country and continent will lose out

Letters
A selection of correspondence
Poland and the threat from Russia
By Invitation

Die, DEI
An influential voice from the right laments Trump’s attack on universities
Empires of the mind
Europe can’t defend itself properly without projecting soft power, argues Jerzy Pomianowski
Briefing
People relax on the bank of Saigon River in Ho Chi Minh City, Vietnam
Dawn or dusk?
Vietnam’s economy is booming, but its new leader is worried
Export-led growth may soon run out of steam
Vietnamese President To Lam waves while standing next to Chinese President Xi Jinping in Hanoi
Wooing the world
Vietnam, squeezed between America and China, looks for new friends
It might even try to invigorate ASEAN
Asia
Lawyers prepare paperwork near a court in Mathura, India
Do it with conviction
How to fix India’s sclerotic justice system
Deterring China
America’s new ship-killer missiles come to the Philippines
Meet the Viet Kieu
Vietnam’s diaspora is shaping the country their parents fled
Banyan
On its own terms, ASEAN is surprisingly effective
China
An illustration of a person driving a car in the foreground. Through their car window a flying taxi with the China flag on the side is hovering above the road. Two people are leaning out of the window and one is waving a China flag. The Great Wall of China
Soft power
How China became cool
Medical affairs
A sex scandal in China sparks a nationwide debate
Brain drain
China’s universities are wooing Western scientists
United States
A destroyed wind turbine lies toppled in the aftermath of a tornado which ripped through the area in Iowa.
Reduction Redux
What happens if the Inflation Reduction Act goes away?
Of volts and jolts
California has got really good at building giant batteries
Rash decisions
How much worse could America’s measles outbreak get?
DeDOGEd
A court resurrects the United States Institute of Peace
More than a feeling
The MAGA revolution threatens America’s most innovative place
Lexington
Joe Biden did not decline alone

The Americas
A drone view shows Members of the Mexican National Guard patrol the border wall between Mexico and the U.S.
Mexico’s resilient gangs
Mexico battles the MAGA movement over organised crime
A losing battle
Wildfires devastated the Amazon basin in 2024
Argentina economic reform
An election win boosts Javier Milei’s reform project
Middle East & Africa
Red map of Africa suspended by strings from a Christian cross-shaped marionette control, symbolizing external influence.
Culture wars
Meet Africa’s ascendant right
A bank that divides Africa
A bitter race to elect the head of Africa’s pivotal bank
Putting the white in White House
Cyril Ramaphosa keeps his cool with Donald Trump
Gaza on the brink again
Israel says it is unleashing an “unprecedented attack”
Things fall apart, again
The world’s worst conference
Donald Trump’s sanctions gift to Syria
One happy Damascus
We’re out of there
Many of Syria’s diaspora are not yet ready to go home
Europe
Matejki Square, Krakow, Poland
Populists at the gates
Poland’s election will cement or ruin its standing in Europe
European elections
MAGA misses the mark in Romania
After the call
Donald Trump dashes any hope that he will get tough with Russia
Independence on pause
American threats push Greenland closer to Denmark
Charlemagne
Europe’s mayors are islands of liberalism in a sea of populists
Britain
European Council President Antonio Costa, Britain's Prime Minister Keir Starmer and European Commission President Ursula von der Leyen
Keir Starmer’s EU reset
The UK-EU deal is just a start
Fishing rights
Britain has sacrificed its fishermen again
Queen’s gambit, plus a punch
The improbable rise of chessboxing
Taking back control
Does Britain need migrant workers?
Deflated hopes
An eccentric set of one-offs has knocked inflation up in Britain
Two wheels good
London has become a cycling city
Bagehot
Bring back Boris
International
Communications satellite orbiting the Earth Earth from Space.
Astropolitics
Star wars returns
Lost signals
Can China jam your GPS?
The Telegram
How to fight the next pandemic, without America
Business

An uphill struggle
Welcome to the AI trough of disillusionment
Supercharger
China’s battery giant eyes world domination
Rollercoaster rivals
Universal wants to steal Disney’s theme-park magic
Tarnished
American companies have a new image problem
Bartleby
The secrets of public speaking
Schumpeter
Big box v brands: the battle for consumers’ dollars
Finance & economics
Portrait of Jamie Dimon
American titan
Will Jamie Dimon build the first trillion-dollar bank?
How to gauge fear
Wall Street and Main Street are split on Trump’s chaos
Bonanza denied
Trump will be unpleasantly surprised by America’s tariff revenues
Sine laude
What the failure of a superstar student reveals about economics
Buttonwood
Hong Kong says goodbye to a capitalist crusader
Free exchange
America’s scientific prowess is a huge global subsidy
Science & technology
illustration on an orange background featuring a massive black-and-white elephant’s foot poised directly above a small, fragile Erlenmeyer flask
Death by a thousand cuts
Trump’s attack on science is growing fiercer and more indiscriminate
Disaster pending
How cuts to science funding will hurt ordinary Americans
Your loss
America is in danger of experiencing an academic brain drain
Culture
A collage illustration showing different photos of Sam Altman overlayed with textures and some blue colour. The OpenAI logo is visible in one of the photos.
Prometheus unbound
Sam Altman is a visionary with a trustworthiness problem
No rest from the wicked
In Germany, the Nazis invaded people’s dreams
Goodbye Gilead
“The Handmaid’s Tale” reveals the limits of dystopian television
Musing on Mammon
The story of capitalism, told by its detractors
Up in arms
How FDR shaped the doctrine of national security in America
World in a dish
The hottest gadget of the summer? A portable pizza oven
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Ed Smylie simulates the work he and a team of engineers in NASA’s Mission Control did for the Apollo 13 mission
Thanks, duct tape!
Ed Smylie knew this stick-fast wonder could fix anything
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The world this week
Politics
Business
The weekly cartoon

Leaders

All grown up
Saudi Arabia is pulling off an astonishing transformation
Muhammad bin Salman is going from troublemaker to peacemaker

An existential struggle
What Putin wants—and how Europe should thwart him
Many Europeans are complacent about the threat Russia poses—and misunderstand how to deter its president
A Pakistani Ranger stands guard at the scene of India's missile strike in Muridke, Punjab, Pakistan, May 7th 2025
The Himalayas of peace
Luck stands between de-escalation and disaster for India and Pakistan
Sooner or later, the luck will run out
A view of the destruction following Israel's attacks on a camp in Deir al-Balah, Gaza on May 7th 2025
Israel’s forever conflict
The war in Gaza must end
America should press Binyamin Netanyahu to accept a ceasefire, then press Hamas to disarm
Illustration of hands grabbing at some Nvidia computer chips that are flying through the fingers
Illusion of control
Donald Trump is right to ditch Joe Biden’s chip-export rules
Time to get realistic

Letters
A selection of correspondence
Are plastics greener than they seem?
By Invitation

Dollar dolour
This time really is different for the dollar, writes Kenneth Rogoff
Briefing
An illustration depicting Putin's military expansion and his growing threat to the West.
Watching the bear
Would Vladimir Putin attack NATO?
Russia is building up its forces, causing fear in its neighbours

Russia’s military-industrial complex
A glimpse inside Putin’s secret arms empire
The Economist tracks mobile signals to plot the Kremlin’s build-up
Visitors take photographs of the Maraya in Alula, Saudi Arabia
Not your father’s kingdom
Saudi society has changed drastically. Can the economy change, too?
The government’s push to reduce dependence on oil is creating other distortions
Asia
Ambulances leave from a complex near the site of a suspected Indian missile attack, in Muridke, Pakistan
Punishment time
Can India and Pakistan control a new cycle of escalation?
The Australian Labor Party’s thumping win
Australia is no longer lucky
The devil you know
Trade tensions help Singapore’s prime minister to a big win
A call to arms
Taiwan’s other war
Banyan
How should India promote Hindi? By doing nothing
China
Food delivery workers on scooters gather for their daily morning briefing in Beijing
Deliverance
China’s gig economy could help it survive the trade war
Toil and struggle
Xi Jinping glorifies hard work, but the young are not so sure
The very long arm
China intensifies its campaign against exiled Hong Kong dissidents
Right on cue
The men’s and women’s world snooker champions are now both Chinese
United States
A man skateboards past a row of homeless tents on Skid Row in Los Angeles.
After Grants Pass
American cities are criminalising homelessness. Will that help?
Pete’s purge
Pete Hegseth is purging both weapons and generals
Replacement rate
A social history of America in a warehouse
Born in the USA
One of the most controversial executive orders will shortly land at SCOTUS
America’s sort of Cass Review
Where the Trump administration has science on its side
Mr Equal Protection
Trump knocks down a controversial pillar of civil-rights law
Lexington
Harvard has more problems than Donald Trump

The Americas
Trucks transport containers to a COSCO container vessel at Tianjin Port
The strategic south
Xi Jinping tries to press China’s advantage in South America
Farmacias Similares
A Mexican pharmacy chain revolutionised health care at home
Breaking point
Killer gangs are inches from ruling all of Haiti
Middle East & Africa
Displaced Palestinians queue for hot meals amid worsening crisis in Gaza
Who will feed the strip?
Israel’s radical new course in Gaza
Gaza’s death toll
How many people have died in Gaza?
Agree to disagree
MAGA meets MBS
The Red Sea
A Faustian pact with the Houthis
Threat from above
The fight for Sudan’s skies
A nation in the dark
Nigeria has more people without electricity than any other country
Europe
The newly elected Federal Chancellor Friedrich Merz being sworn in
The ides of Merz
Trouble at home threatens Friedrich Merz’s global ambitions
Frugal times ahead
Berlin’s culture bosses must become more commercial
MAGA man
Romania’s next president may be George Simion, a Trump ally
When enough is not enough
Portugal heads to the polls for the third time in barely three years
The tethered threat
How new drones are sneaking past jammers on Ukraine’s front lines
Charlemagne
To grasp Europe’s fragmentations, look to a 31-year treasure hunt
Britain
Winter sun highlights the church steeple
Churchgoing, going…gone?
The Church of England is dying out and selling up
Time to transubstantiate
Young British men are turning to Catholicism in surprising numbers
Double-Trussed
Nigel Farage’s economic plans are a disaster
The start of the deals
The Britain-India trade deal is a sign of things to come
The very few
Britain’s second-world-war veterans are dying out
The green stuff
Aberdeen shows why the UK’s clean-energy transition will be messy
Bagehot
Kemi Badenoch is simply too interesting for Downing Street
Business

Nvidious
How China is still getting its hands on Nvidia’s gear
Silicon surprise
Huawei and other Chinese chip firms are catching up fast
Board games
OpenAI’s flip-flop will not get Elon Musk off its back
Battle of the bulge
Eli Lilly looks set to steal Novo Nordisk’s weight-loss crown
Us against the world
What is behind the staggering ascent of Palantir?
Bartleby
Why so many IT projects go so horribly wrong
Schumpeter
Bosses beware: the tariff shock is not like covid-19
Finance & economics
Illustration of a man in a suit shackled to a giant stone X by his arms and legs
Poor slackers
Why Gen X is the real loser generation
Over a barrel
How Saudi Arabia is cranking up the pressure on its OPEC allies
Taiwan straits
Trump is a threat to Asia’s giant insurers
Dollar drama
Global turmoil has at least one beneficiary: currency traders
Cheap thrills
Buy the dip: the trend that keeps stocks from crashing
The oracle plans to step down
Warren Buffett has created a $348bn question for his successor
Free exchange
What happens when a hegemon falls?
Science & technology
illustration of a crane shaped like a toy claw machine, with a yellow star-shaped magnet lifting a container ship surrounded by colorful shipping containers. The crane arm is metallic with yellow stars decorating it
State of flux
How to build strong magnets without rare-earth metals
Uneasy listening
Compressed music might be harmful to the ears
Dog and pony show
Companies have plans to build robotic horses
Friends like these
Dogs really do look and act just like their owners
Well informed
Is your hay fever getting worse?
Culture
An illustration of a film reel showing frames of the Hollywood sign with one of the letters falling down.
Lights, camera, tariffs?
Hollywood is in trouble. Politicians should not try to save it
Proto type
The language that changed the world
Forged in blood
The friendship of a Chilean dictator and a Nazi war criminal
Bringing back the Queen of Crime
How to write, according to the bestselling novelist of all time
Back Story
The morals of “Sinners”, a fantasia of vampires and the blues
Making a splash
If you haven’t heard of webtoons, you will soon
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Alice Tan Ridley busking at the 34th Street subway station, New York, United States, February 6th 2010
Notes from underground
Alice Tan Ridley knew how to make New York’s subways ring
1,234円
The Taiwan test
The world this week
Politics
Business
The weekly cartoon

Leaders

The showdown
A superpower crunch over Taiwan is coming
China has a new chance to call America’s bluff
Shipping containers at Port Newark Container Terminal in Newark, New Jersey, United States on April 8th 2025
Wishful thinking
Investors’ risky bet: they can shrug off the trade war
The relief they are banking on needs to come fast
Paramilitary soldiers board a patrol boat as Indian tourists take boat rides on Dal Lake in Srinagar, Indian controlled Kashmir, April 25th 2025
A neighbourhood nightmare
India must prove Pakistan’s complicity in the attack in Kashmir
It would then have every right to strike back
Illustration of shattered glass with a hole in the middle in the shape of the UK
The price of public decay
Britain’s social contract is fraying
But a patch-up job would be cheaper than politicians think
A polymetallic nodule collected in the Pacific Ocean is displayed in San Diego, United States on June 8th 2021
Race to the bottom
Donald Trump is right to go after metals in the deep sea
Environmentalists should push the UN body that governs deep-sea mining to pass regulations to allow it

Letters
A selection of correspondence
The IMF’s planned new loan to Argentina
By Invitation

Trump’s first 100 days
Trump’s revolution is the only way to save America, says the architect of Project 2025
Briefing
A Taiwan Coast Guard vessel chases a Chinese Coast Guard ship off the coast of Hualien, Taiwan
A darker shade of grey zone
Chinese military exercises foreshadow a blockade of Taiwan
The Trump administration’s fickleness is adding to the island’s anxieties
A person carrying the Taiwanese flag near Pratas Island, Taiwan
Hoping for despair
Can China sap a divided and isolated Taiwan of its will to resist?
Taiwanese are growing more doubtful that they can fend off their hostile neighbour
The container ship is leaving the Port of Kaohsiung, Taiwan
Trade raid
Any Chinese curbs on Taiwan’s trade would carry big economic costs
But China could calibrate a trade “quarantine” to limit unintended consequences
Asia
A man walks through the debris of a demolished house in Murran village near Pulwama, India on April 26th 2025
On the brink
India and Pakistan are bracing for a military clash
Tech supply chains
India’s new chip fab rises from the dust
Assault and flattery
Trump, trade and troops: South Korea’s nightmare
A national rethink
Aussies are doing a political pivot
China
An employee works at a toy factory specialising in solar powered plastic gadgets in Yiwu.
In the trenches
American tariffs are starting to hammer Chinese exporters
Identity crisis
Is China justified in still calling itself a developing country?
The rural economy
Edible rats are China’s latest live-streaming stars
United States
American flag bunting hangs above a photocopier at the Internal Revenue Service campus in Austin, Texas, US.
Taxing times
Donald Trump is creating chaos at the IRS
ICE storm
How a judge’s arrest fits into America’s deportation drive
Gilded gulps
Water sommeliers say the simplest drink is the future of luxury
Survivor: Ivy League edition
How one Ivy League university avoided the president’s wrath
Baby rights
Why does America have birthright citizenship?
Lexington
Donald Trump could rescue John Roberts

The Americas
Canada's Prime Minister Mark Carney gestures to an aeroplane.
The vote-swinger’s tricky future
Mark Carney’s plan for Canada
Two sides of the same coin
Canada’s new Conservative movement resembles Donald Trump’s
Middle East & Africa
A mural depicting a mock version of the Statue of Liberty with the torch-bearing arm broken is seen painted on the outer walls of the former US embassy in Tehran
Death to America no more
Iran’s leader hopes America can save his faltering regime
In surprising communion
Donald Trump’s Syria policy is still a work in progress
A smoky affair
Africa’s charcoal economy
Back to the bad old days
Ivory Coast is gearing up for an unfair election
Sunken and rusting
What a wrecked ferry reveals about war in South Sudan
Europe
This is a collage-style illustration with fighter jets, yellow stars, an American flag. Donald Trump, Macron, and Ursual von der leyen. The background is beige, and the image has a bold, dramatic feel with elements of war and politics.
The break-up
100 days of Trump: the growing dismay in Europe
The hundredth day
America and Ukraine agree on a minerals deal, a good omen for the peace process
Hard pounding
Ukraine’s fighters fear Russian attacks and America’s ceasefire
Buttoned-down caprice
Germany’s staid-seeming new chancellor has a mercurial streak
Charlemagne
The unbearable self-indulgence of Europe
Britain
City workers and other pedestrians pass roadworks signs
The public realm
Broken windows and pockmarked roads
Immigrants’ earnings
Britain’s Poles now earn more than the natives
Lairds and the land
Scotland’s outdated land laws threaten the future of rural towns
City limits
Why building anything in London is so hard
Trans rights
Women win legal clarity—but Britain’s gender wars intensify
Bagehot
The strange success of snooker
International
An aerial view of the Maersk Launcher, a ship chartered by the Metals Company.
The last mining frontier
A Trump executive order will unleash a global deep-sea mining boom
Deadbeats united
The UN could run out of cash within months
The Telegram
Donald Trump picks the wrong trade fight with China
Business

Less cheap, less cheerful
Can Shein and Temu survive Trump’s trade war?
MAGA v MAMAA
Big tech has a big Trump problem
Trouble brewing
Can Starbucks be turned around?
Lacking a certain je ne sais quoi
When can AI book my summer holiday?
“60 Minutes”, one big headache
For media companies, news is becoming a toxic asset
Factory fantasies
The trouble with MAGA’s manufacturing dream
Bartleby
Your AI meeting notes are ready
Schumpeter
Will the trade war capsize shipbuilders?
Finance & economics

Battle-ready
Why China has the upper hand in its trade war with America
Stormy seas
America may be just weeks away from a mighty economic shock
The kopek drops
Vladimir Putin’s money machine is sputtering
Buttonwood
How a mortgage transforms your investment portfolio
Something for everyone?
A takeover bid promises consolidation in Italian finance
PE for the people
The risky world of private assets opens up to retail investors
Free exchange
Why economists should like booze
Science & technology
Illustration showing three human silhouettes—a child, an adolescent, and an adult—each displaying abstract representations of gut bacteria inside their bodies
Root of the problem
Rates of bowel cancer are rising among young people
A trial on trial
A landmark study of gender medicine is caught in an ethics row
Shots in the dark
The great Iberian power cut need not spell disaster for renewables
Well informed
Can at-home brain stimulators make you feel better?
Culture
A photo illustration depicting a hand holding a key coming out from a hole in the centre of the painting of The Acrolopolis at Athens by Leo von Klenze.
Rise of nations
How golden ages really start—and end
War crimes
Did Hitler order the murder of Einstein’s relative in Italy?
A steamy romance
Saunas are so hot right now
World in a dish
Mumbai wants to extinguish the charcoal tandoor
Death, Inc
How “Putin’s chef” built the world’s most notorious private army
Streams of consciousness
What people should learn from rivers
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Martin Graham with chickens at Longborough
Wagner in a chicken shed
Martin Graham was determined to see his dream come true
1,234円
Trump’s first 100 days, and beyond
The world this week
Politics
Business
The weekly cartoon

Leaders

Only the beginning
Trump is a revolutionary. Will he succeed?
He has already done lasting harm to America

Reform UK
The man Britain cannot ignore
Nigel Farage’s return means a new, more volatile era in British politics
Federal Reserve Chairman Jerome Powell stands in front of the American flag
Recession and succession
President Trump’s attacks on the Fed are not over
Jerome Powell wins a reprieve. But expect more showdowns between the White House and the Fed
An African migrant holds a European Union flag on board a ferry to Algeciras, Spain
On the move
Africans need jobs. The rest of the world needs workers
Migration from Africa is a mega-trend that transcends today’s populist surge
A poster for Canada's Liberal party candidate, Prime Minister Mark Carney, is attached to a telegraph pole.
Maple-leaf makeover
How Canada went from preachy to pragmatic
On the eve of an election, its political transformation is stunning
A wire frame hand hooked up to a lie detector. The graph indicates lying
Expecting the unexpected
How to keep AI models on the straight and narrow
Interpretability techniques are powerful, but must be used with care

Letters
A selection of correspondence
The challenges faced by Brazil’s Supreme Court, and more
By Invitation

Canada’s election
To see off the Trump challenge, Canada must fix its productivity problem, says Michael Ignatieff
Briefing
Young people in Kenya take part in extracurricular activities in school
Tomorrow’s workers
Emigration from Africa will change the world
As other countries age, they will need African youth
Asia

Multipolar problems
J.D. Vance flies into a giant trade storm in India
Opportunity in the air
Taiwan flogs America drones “not made in China”
A very stable city-state
What’s at stake as Singapore goes to the polls
Chaos in Jammu & Kashmir
India and Pakistan could come to blows over Kashmir
Banyan
How the global south forgot its own birthday
China

Two fronts
Amid a trade war, Xi Jinping may be purging China’s armed forces
Pro-natalism
China’s $38,000 baby formula
The trade war
China’s fine diners switch from American to Aussie beef
United States
Donald Trump arrives for his inauguration in the U.S. Capitol Rotunda in Washington, DC on January 20th 2025
Separation of powers
Who will stop Donald Trump’s drive for unchecked power?
Lawfare
How courts might stop Donald Trump’s attack on civil society
Will the levies brake?
Expect more chaos in Donald Trump’s tariff policies
Chainsaws on
Donald Trump hopes to become a one-man deregulator
Amazon Prime for humans
How Donald Trump plans to ramp up deportations
The Proust of Truth Social
America’s poster-in-chief is very, very online

The Americas
A red and black illustration of two silhouettes back to back representing Mark Carney on the left and Pierre Poilievre on the right with a map leaf overlap and intersecting the colours in negative.
Captain election
How Donald Trump caused a political earthquake in Canada
Hunkered down
Bolivia’s wild politics are dragging it into the abyss
Middle East & Africa
This illustration shows several political leaders, African and Ukrainian, against a backdrop of famous landmarks like St. Basil’s Cathedral (Moscow) and the Motherland Monument (Kyiv). It’s styled with bold red, green, and yellow triangles, hinting at
A cool reception
Why Ukraine is losing the war for African opinion
Beach bummed
The Mauritius miracle is losing its sheen
The pitfalls of an Iran deal
Is Donald Trump about to bomb Iran or rebuild it?
Kingmakers in the Levant
The Druze’s influence outweighs their numbers
The church in Gaza
The pope phoned a priest in Gaza every day
Europe
Dr. Godineau, from the Maison de Sante in La Bastide-de-Serou, visits one of his patients, Andre, 75, who has no car and lives in a remote hamlet
Healthy living
France is a far healthier country than America
Not from Mars
Why Italy’s defence spending lags far behind
No room to roam
Europe wants Sweden’s minerals. That’s more bad news for the Sami
Slow progress
The Kremlin’s grey-zone war in the Black Sea shows its real intent
Deal or no deal?
America is selling a Ukraine peace plan. No one is buying, yet
Charlemagne
Europe’s reluctant reset with Turkey
Britain
Nigel Farage enters Newton Aycliffe Working Men’s Club for campaign speech
Nigel’s world
Nigel Farage leads a movement that is hungrier and better organised
Inside the rally
Ice cream and immigration at the Farage show
Stop press
Can a six-year-old startup revive the world’s oldest Sunday newspaper?
Cannabis cops
Why Britain’s police forces have taken to cultivating cannabis
Reset moment
Donald Trump’s antics mean new boldness is needed in UK-EU links
Bagehot
Britain’s 20-20-20-20 vision
International

American air strikes
Trump’s red-hot war on terror
Cluster-struck
Learning to love the cluster bomb
Big decisions in the Vatican
The coming struggle to choose the next pope
The Telegram
The ugly task of Putin-proofing your border
Business
An illustration of Peter Thiel waving a small American flag.
The new atomic age
Peter Thiel doubles down on patriotism in the Trump era
Pipe dream
America won’t be able to bully the world into buying more gas
Crash course
Even Republicans are falling out of love with Tesla
Meals on wheels
For Volkswagen, things go from bad to wurst
President Grinch
How Donald Trump might steal Christmas
Mall mercies
Shopping malls are making a comeback in America
Bartleby
The early lives of bosses
Schumpeter
Watch out, Elon Musk. Chinese robots are coming
Finance & economics
Illustration of a house of cards built from computer chips, arranged in a triangular pyramid structure against a solid blue background
Chipping away
Why American tech stocks are newly vulnerable
Give me your jetsetters, your multi-millionaires
Trump wants a certain kind of immigrant: the uber-rich
Til they drop
Will China’s shoppers cushion the Trumpian blow?
Buttonwood
Should investors spend the trade war in India?
Nasty taste
Not just Trump: Asia has a trade problem of its own making
Bog data
Economists don’t know what’s going on
Zooming ahead
Unlike everyone else, Americans and Britons still shun the office
College blues
What price cool? $31 a month, according to students
Free exchange
Trump’s sovereign-wealth fund won’t make America richer
Science & technology
An AI person made of wireframe is doing the crossed fingers sign behind his back while having the other hand up, as a sign of it lying.
Code of misconduct
AI models can learn to conceal information from their users
Breaking the mould
Lethal fungi are becoming drug-resistant—and spreading
Dingo? Bingo
Australia’s dingoes are becoming a distinct species
Well informed
How to form good habits, and break bad ones: trick your brain
Culture
A collage that compositionally mimicks the US flag. There's images of protests against the war in Vietnam, famous artists, films, and badges from the era.
The times, they did a-change
The Vietnam war made American culture bolder and more varied
Recruiting athletes
The NFL has turned the draft into thrilling television
Internet personalities
They sing and dance—but rarely show their faces. Meet VTubers
Back Story
An old, leisurely way to watch television drama is back in vogue
Eau yes
TikTok is changing the perfume business
The heart of art
Exploring the mysteries of the Louvre
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Pope Francis waves as he arrives for his weekly audience in St. Peter's Square, Vatican City, Vatican on September 26th 2018
The works of mercy
Pope Francis changed the Catholic church, but not as much as he hoped
1,234円
How a dollar crisis would unfold
The world this week
Politics
Business
The weekly cartoon
This week’s cover

Leaders

Biting the hand that funds
How a dollar crisis would unfold
If investors keep selling American assets, a grim fate awaits the world economy
Hispanic Caucus Members Demand Return Of Immigrant Deported To El Salvador Prison
Leaders
In its pursuit of a policy, Donald Trump’s government is content to destroy a man
What’s at stake in the case of Kilmar Abrego Garcia
Meta CEO Mark Zuckerberg seen on Capitol Hill.
Swipe it away
Zuckerberg on trial: why Meta deserves to win
Social media has plenty of problems. Lack of competition isn’t one of them

The rule of law
Brazil’s Supreme Court is on trial
How a superstar judge illuminates an excessive concentration of power
A man employed in a plastic recycling plant breaks down plastic barrels
In praise of plastics
Don’t overlook the many benefits of plastics
If they are a problem, it is because they are badly managed
Garbage collectors on strike outside a waste management depot in Birmingham
Something rotten
The lesson of Birmingham’s striking binmen
The moment is ripe to reform Britain’s equal-pay rules

Letters
A selection of correspondence
The threat to university research in America, and more
By Invitation

Aid and development
The head of the Gates Foundation on how to keep helping the poor as aid shrinks
Cracks in the bedrock
The bond market’s problems aren’t all to do with Donald Trump, write Anil Kashyap and Jeremy Stein
Asia
Indian women try on gold ornaments at a jewellery shop in Bangalore, India.
Sticks and carats
The biggest bugs in the new gold rush are Asian
Risky routines
Indians are losing big on the stockmarket
History wars
Why Narendra Modi has embraced an anti-caste icon
Risen and rising
Why Christianity is taking an Asian turn
China
The American hawk with its wing being clipped.
Hawks v MAGA
China hawks are losing influence in Trumpworld, despite the trade war
Your time’s your own
Chinese officials are encouraging office workers not to work so hard
Standing up
China’s propagandists preach defiance in the trade war with America
United States
Portrait of US President Donald Trump sat in shadow during a cabinet meeting at the White House.
Falling feeling
Donald Trump’s approval rating is dropping
By the numbers
Tracking Donald Trump’s immigration crackdown
Eating the rich
Berniechella: America’s left protests against Donald Trump
Hurrah for exams
America’s progressives should love standardised tests
Human shields
Abortion becomes more common in some US states that outlawed it
Lexington
Can Progressives learn to make progress again?
The Americas
People protest against Argentine President Javier Milei’s adjustment policies, after his government sealed a new loan deal with the IMF, outside the Casa Rosada Presidential Palace
23rd time lucky
Milei’s bold move: making Argentina’s economy normal
House Bukele at the court of Trump
Nayib Bukele provides Donald Trump with a legal black hole
Spring unsprung
Guatemala’s indigenous people grow impatient with their champion
Democrat or dictator?
The judge who would rule the internet
Nobody’s perfect
Daniel Noboa wins another term as Ecuador’s murder rate soars

Middle East & Africa
This illustration shows the Emblem of the United Arab Emirates. The golden falcon holds torn pieces of land marked with "X" in its claws. The background is dark, making the falcon stand out boldly. The image suggests themes of power, control, and influence
The UAE’s destabilising influence
The UAE preaches unity at home but pursues division abroad
Trouble in the Horn of Africa
A new smash and grab for Red Sea ports
Israel’s Qatargate
Binyamin Netanyahu’s other war
Young and broke
Populism meets reality in Senegal
Pre-poll lock-up
When does opposition become treason in east Africa?
Europe
Photomontage of Donald Trump and Vladimir Putin repeated through a hypnotic red and white spiral with stars dotted around them
Fighting and talking
Trump’s Ukraine ceasefire is slipping away
When politics becomes the weak point
Power is being monopolised in Ukraine
Germany’s gag reflex
The threat to free speech in Germany
The battle on the right
Young men in Spain love the hardline Vox
Charlemagne
Europe’s streets are alive with the sound of protests
Britain
Steel worker walks in front of furnace at Scunthorpe Steel Works
British Steel
Britain’s government has entered the steel industry with no plan
When “equal value” comes to town
Birmingham’s bin strikes reveal local problems—and a national one
The Hollywood of Europe
Are hits like “Adolescence” good or bad for Britain?
The Economist poll tracker
The splintering of British politics
The value of a life
How Britain decides which drugs to buy
Gender wars
What is a woman? Britain’s Supreme Court gives its answer
Bagehot
In praise of flag-shagging
International
A worker places plastic bottles in the assembly line
Polymeramory
Plastics are greener than they seem
The Telegram
Xi Jinping’s Trump-sized puzzle
Business
An illustration of two cogs, grinding against each other and causing a spark between them. The larger cog on the left has the image of a Chinese dragon on the side whereas the smaller cog on the right depicts an American eagle.
Uncle Sam v the dragon
Pity American firms in China. Xi Jinping is hitting back
When the levies break
How to swerve Donald Trump’s tariffs
Europe’s sunny south
Spanish business thrives while bigger European economies stall
Mutual connections
LinkedIn’s unlikely role in the AI race
Trash talk
A new way to recycle plastic is here
Bartleby
Reclaiming the office lunch
Schumpeter
The trade war may reverse Hong Kong’s commercial decline
Finance & economics
A dollar sign cracked in the middle.
Check your privilege
How Trump might topple the dollar
A time for bravery
Can the euro go global?
Collateral damage
Poor countries would miss King Dollar
The coming flood
America is turning away China’s goods. Where will they go instead?
Buttonwood
Stockmarkets do not reward firms for investing in Trump’s America
Free exchange
Hell is other people’s currencies
Science & technology
A plastic bag floats in the sea
Plastic and health
Microplastics have not yet earned their bad reputation
Artificial diplomats
AI models could help negotiators secure peace deals
Deep freeze
Scientists are getting to grips with ice
Well informed
Electric vehicles also cause air pollution
Culture
An arrangment of different characters facing each other, pulling silly faces trying to make the other laugh
Humour me
The success of “LOL: Last One Laughing” is no joke
He said, she said
Bill v Melinda Gates: whose memoir should you read?
The Economist watches
The six best films about financial turmoil
Literary retellings
A celebrated novelist grapples with “Moby-Dick”
Mobbed
Feral teen “Minecraft Movie” fans might just be a good sign
Looking sharp
A century on, Art Deco is as stylish as ever
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Mario Vargas Llosa, writer and politician, attends the Oxford Literary Festival in Oxford, England in 2009
A passion for freedom
Mario Vargas Llosa was shaped by authoritarianism
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