Frozen Russian assets will soon pay for Ukraine’s war
April 18, 2024
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After Russia destroyed the Trypilska power plant on April 11th, Ukraine blamed a lack of anti-missile ammunition. The country’s leaders are also desperate for more financial support. The two shortages—of ammunition and money—reflect different constraints Read More
America’s interest rates are unlikely to fall this year
April 18, 2024
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For most of the year everyone from stockpickers and homebuyers to President Joe Biden has banked on the Federal Reserve cutting interest rates soon. Over the past two weeks those hopes have been dashed. Annual Read More
Even without war in the Gulf, pricier petrol is here to stay
April 18, 2024
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When Iran’s missiles whizzed towards Israel on Sunday April 14th, oil markets were closed. When they opened 24 hours later, their reaction was a loud “meh”. Brent crude, the global benchmark, dipped below $90 a Read More
America’s trust in its institutions has collapsed
April 18, 2024
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AS FAR AS stereotypes go, brash national self-confidence has long been a defining feature of how Americans are viewed abroad. In 2006, when Gallup first started asking Americans about their trust in key institutions, the Read More
America trusts its institutions less than other rich democracies
April 18, 2024
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AS FAR AS stereotypes go, brash national self-confidence has long been a defining feature of how Americans are viewed abroad. In 2006, when Gallup first started asking Americans about their trust in key institutions, the Read More
How two small Texas towns became the patent-law centre of America
April 17, 2024
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In 2019 a federal judge named Alan Albright gave a presentation to a group of lawyers. His courthouse in Waco, Texas, where he is the only judge, sits near a sweet shop. The talk was Read More
America hits Chinese biotech—and its own drugmakers
April 16, 2024
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AMERICAN HEALTH-CARE costs are sky-high; as treatments get pricier and the number of patients swells owing to an ageing population, they are getting higher. Chinese biotechnology is increasingly sophisticated and, as its companies gain scale, Read More
Will Israel retaliate against Iran, or hold back?
April 15, 2024
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“TAKE THE WIN”, President Joe Biden is reported to have urged Israel’s prime minister, Binyamin Netanyahu, in the immediate aftermath of Iran’s huge drone and missile attack, according to Axios, an American news outlet. Some Read More
What to expect as Donald Trump’s first criminal trial gets under way
April 15, 2024
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WHEN THE curtain rises on Donald Trump’s first criminal trial, in a Manhattan courtroom on April 15th, the show will be a meld of genres. The solemnity of the first prosecution of a former president, Read More
O.J. Simpson’s defence was a harbinger of post-truth politics
April 14, 2024
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ORENTHAL JAMES (O.J.) SIMPSON, who died on April 10th, was in many ways an inspiring figure before he murdered his ex-wife. He overcame a childhood disease, rickets, which made him slightly bow-legged. In 1973 he Read More