Economics
Rich Countries Have Agreed to Provide $300 Billion a Year for Developing Countries. The Argument Is Whether That Number Is Large or Almost Meaningless.
The COP29 climate summit in Baku ended this weekend with developed countries agreeing to take the lead in mobilising at least $300 billion per year for developing countries by 2035, replacing the old $100 billion…
Donald Trump Has Won Again. This Time, Calling 2016 an Accident Is No Longer Possible.
Donald Trump has won the 2024 United States presidential election, defeating Vice-President Kamala Harris and completing one of the most extraordinary political returns in American history. Four years after losing the presidency to Joe Biden,…
America Votes in Two Days. Whoever Wins, Nearly Half the Country May Believe Something Fundamental Has Gone Wrong.
Americans vote on Tuesday in an election that remains extraordinarily close. Kamala Harris and Donald Trump are competing across a small group of battleground states that will determine whether Democrats retain the presidency or Trump…
BRICS Is Getting Bigger. The More Important Question Is Whether More Members Actually Means More Power.
The BRICS summit in Kazan, Russia, concluded this week with leaders from an expanded group attempting to present something increasingly visible in international politics: the institutions created after the Second World War no longer reflect…
BRICS Is Getting Bigger. The More Important Question Is Whether More Members Actually Means More Power.
The BRICS summit in Kazan, Russia, concluded this week with leaders from an expanded group attempting to present something increasingly visible in international politics: the institutions created after the Second World War no longer reflect…
Iran Has Fired Ballistic Missiles at Israel Again. The Problem With “Restoring Deterrence” Is That Both Sides Are Trying to Do It at the Same Time.
Iran launched roughly 180 ballistic missiles at Israel on 1 October, its second direct attack on the country this year and a major escalation from the shadow war that defined their relationship for decades. Iran…
Israel and Hezbollah Spent Eleven Months Trying to Avoid a Full War. They May Now Be Discovering That Limited Escalation Has a Limit.
The conflict between Israel and Hezbollah has entered its most dangerous phase since the Gaza war began. Over the past week, thousands of pagers and walkie-talkies used by Hezbollah members exploded across Lebanon in attacks…
America Is About to Start Cutting Interest Rates. The Interesting Question Is Whether the Fed Has Actually Pulled Off the Soft Landing.
The United States is approaching one of the most important monetary-policy turning points since the inflation shock began. When the Federal Reserve meets on 17–18 September, financial markets overwhelmingly expect it to cut interest rates…
Germany’s Far Right Has Won a State Election for the First Time Since the Nazi Era. The More Important Question Is Why Economic Improvement Has Not Produced Political Confidence.
Germany has crossed a political threshold that would have seemed almost unthinkable a decade ago. In today’s state election in Thuringia, the far-right Alternative für Deutschland, or AfD, is projected to finish first with roughly…
Modi Went to Moscow in July and Kyiv in August. That Is Not Neutrality. It Is India Trying to Maximise Diplomatic Freedom.
Indian Prime Minister Narendra Modi visited Kyiv on 23 August, becoming the first Indian prime minister to visit Ukraine since diplomatic relations were established between the two countries in 1992. The symbolism was unusually strong…
Sheikh Hasina Looked Politically Unassailable. Then a Student Protest Became a Crisis of the State.
Bangladesh is entering one of the most dangerous moments in its recent political history. What began in July as a student movement against the country’s government-job quota system has expanded into a much broader confrontation…
Venezuela Is Voting Today. The Real Test Is Not Whether Ballots Are Cast, but Whether the Government Would Accept Losing.
Venezuelans are voting today in the most consequential presidential election the country has held in years. President Nicolás Maduro, who has governed since Hugo Chávez’s death in 2013, is seeking another six-year term against Edmundo…
