Economics
Labour Has Won a Landslide. That Does Not Mean Britain Suddenly Became a Labour Country.
Britain has just produced one of the largest parliamentary reversals in its modern political history. Keir Starmer’s Labour Party won 411 of the 650 seats in the House of Commons in the 4 July general…
France’s Election Has Become a Test of Whether Blocking the Far Right Is Enough to Keep the Political Centre Alive.
France voted today in the first round of a snap parliamentary election that President Emmanuel Macron called after Marine Le Pen’s National Rally (RN) decisively defeated his coalition in the European Parliament elections earlier this…
Macron Lost One Election and Immediately Called Another. The Gamble Is Whether Giving Voters More Power Can Cost Him His Own.
France is heading towards an election almost nobody expected to be taking place this summer. After Marine Le Pen’s National Rally won roughly 32% of the French vote in the European Parliament election on 9…
The G7 Is Lending Ukraine $50 Billion Against Profits From Frozen Russian Assets. That Sounds Technical. It Is Actually a Major Change in How Economic Power Is Used in War.
The G7 agreed this week to provide Ukraine with roughly $50 billion in new financing, using the future profits generated by frozen Russian sovereign assets as the economic foundation for repayment. Most of Russia’s immobilised…
Iran’s President Has Died. The More Important Question Is Why the Political System Can Continue Without Him.
Iranian President Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian and several other officials were aboard a helicopter that crashed today in mountainous northwestern Iran while returning from a visit to the border with Azerbaijan. As of…
Georgia Says Its New Law Is About Transparency. Protesters Think It Is About Controlling Who Gets to Challenge the Government.
Georgia is experiencing one of the largest political confrontations in its recent history over a proposed “foreign influence” law that would require media organisations and non-commercial groups receiving more than 20% of their funding from…
China Built Electric Cars the West Wants. Now the Argument Is Whether Being Too Competitive Has Become a Trade Problem.
China’s rise in electric vehicles is becoming one of the clearest tests of whether the global economy is moving away from the free-trade consensus that shaped much of the last three decades. Chinese manufacturers such…
Iran Just Attacked Israel Directly for the First Time. The Most Dangerous Part Is That Both Sides May Believe They Can Control What Happens Next.
Iran launched more than 300 drones, cruise missiles and ballistic missiles towards Israel overnight on 13–14 April, marking an extraordinary escalation from the decades-long shadow conflict between the two states into direct military confrontation. Israel…
Erdoğan Won Turkey’s Presidency Less Than a Year Ago. His Party Just Suffered Its Worst Local-Election Defeat in Two Decades.
Turkey voted in local elections today, and the emerging result is striking. President Recep Tayyip Erdoğan’s Justice and Development Party, the AKP, appears to have suffered its worst nationwide local-election result since it came to…
Haiti Still Has a Government. The Harder Question Is Whether It Still Has a State.
Haiti’s political and security crisis has deteriorated dramatically this week. Armed gangs have launched coordinated attacks across Port-au-Prince, targeting police stations, prisons and strategic infrastructure while Prime Minister Ariel Henry remains outside the country. Thousands…
People in Gaza Are Not Going Hungry Simply Because There Is No Food. The System That Moves Food to People Is Breaking Down.
More than one hundred Palestinians were reported killed on Thursday around an aid convoy entering northern Gaza, after thousands of people gathered around trucks carrying desperately needed food. Palestinian authorities have accused Israeli forces of…
India’s Economy Is Growing Rapidly. The Harder Question Is Who Gets to Participate in That Growth.
India enters its approaching general election with an economic record that would be politically valuable to almost any incumbent government. The country has remained one of the world’s fastest-growing major economies, infrastructure investment has expanded…