Low interest rates have a paradoxical effect Guangdong, where it all began Nov 9th 2023 | HONG KONG China owes a lot to foreign investment. Long before Foxconn started making iPhones for...
The world economy is defying gravity. That cannot last
Threats abound, including higher-for-longer interest rates Even as wars rage and the geopolitical climate darkens, the world economy has been an irrepressible source of cheer. Only a year ago ev...
Canadians are starting to sour on migration
So far, it has not led to a populist right-wing surge An aphorism about Canada is that it has too much geography and not enough history. Immigration has long been seen as the solution to both pr...
Welcome to the age of the hermit consumer
The world economy is witnessing a $600bn-a-year shift in behaviour Oct 22nd 2023 | SAN FRANCISCO In some ways COVID-19 was a blip. After soaring in 2020, unemployment across the rich world qu...
Remarks by President Biden on the United States’ Response to Hamas’s Terrorist Attacks Against Israel and Russia’s Ongoing Brutal War Against Ukraine
OCTOBER 20, 2023 8:02 P.M. EDT THE PRESIDENT: Good evening, my fellow Americans. We’re facing an inflection point in history — one of those moments where the decisions we make today are going to ...
How to cancel “cancel culture”
Two new books examine the brokenness of wokeness Yascha mounk’s book contains several jolting stories, which encapsulate the extreme thinking of some on the American left. When covid-19 vaccines...
Chinese feminists are rebuilding their movement abroad
Stand-up comedy is one means of resistance Two chinese women sit on the stage of a basement comedy club in Manhattan. They wear matching blazers and speak highly formal Mandarin, just like prese...
The EU’s endless search for a migration fix
An internal deal comes together while a cross-Mediterranean one falls apart When boubacar touré heard the crash of a tour bus near Venice, plunging 15 metres from a bridge, he ran towards the no...
Which EU country is winning our economic pentathlon?
We’ve ranked countries on five measures The european economies are in for a troubling few years. Germany is probably in recession. The European Commission is forecasting growth of just 0.8% for ...
Large parts of Asia are getting old before they get rich
Even poor countries must start planning for an ageing population Abulge in a country’s working-age population is a blessing. Lots of workers support relatively few children and retired people. S...