In the weeks following the policy change, global prices of oil, copper, and other commodities rose on expectations that Chinese demand would surge. In March, then Chinese Premier Li Keqiang announced a target for real GDP growth of around five percent, and many external analysts predicted it would go far higher.
‘Editor’s Picks’ Podcast (July 31, 2023) – Three essential articles read aloud from the latest issue of The Economist. This week: what to do about overstretched CEOs, how to better predict the weather (9:00) and we meet Myanmar’s Gen Z guerrillas (15:00).
Companies are increasingly caught up in governments’ competing aims. What to do?
Here is how to get him to sign up again
But there are still ways to step back from the brink
‘Editor’s Picks’ Podcast (July 24, 2023) – Three essential articles read aloud from the latest issue of The Economist. This week: a report on the technology behind babymaking, why optimism about the world economy might be premature (10:30), and what the hype over Barbenheimer says about the movie industry (16:17).
Fertility is still poorly understood
After louise brown was born in Manchester in July 1978, her parents’ neighbours were surprised to see that the world’s first “test-tube baby” was “normal”: two eyes, ten fingers, ten toes. In the 45 years since, in vitro fertilisation has become the main treatment for infertility around the world. At least 12m people have been conceived in glassware. An ivf baby takes its first gulp of air roughly every 45 seconds. ivf babies are just as healthy and unremarkable as any others. Yet to their parents, most of whom struggle with infertility for months or years, they are nothing short of miraculous.
Officials from Beijing to Phoenix are grappling with unbearable temperatures
The best thing that has happened in Phoenix, Arizona, since the beginning of July is that the electricity grid has kept functioning.
This has meant that during a record-breaking run of daily maximum temperatures above 43°C (110°F), still in progress as The Economist went to press, the houses, indoor workplaces and publicly accessible “cooling stations” in the city have been air-conditioned. There have been deaths from heat stroke and there will be more; there has been a lot of suffering; and there will have been real economic losses. But if Arizona’s grid had gone out, according to an academic quoted in “The Heat Will Kill You First”, a new book, America would have seen “the Hurricane Katrina of extreme heat”.
‘Editor’s Picks’ Podcast (July 17, 2023) – Three essential articles read aloud from the latest issue of The Economist. This week: how populist Republicans plan to make Donald Trump’s second term count, NATO’s promises to Ukraine mark real progress, but there is still much more to do (10:12) and what matters about the human-dominated Anthropocene geological phase is not when it began, but how it might end (14:41).
‘Editor’s Picks’ Podcast (July 10, 2023) – Three essential articles read aloud from the latest issue of The Economist. This week: how the war in Ukraine will affect the future of combat, the new Asian family (10:36) and why a lab-monkey shortage in America is encouraging smuggling (19:07).
‘Editor’s Picks’ Podcast (July 3, 2023) – A selection of three essential articles read aloud from the latest issue of The Economist: The humbling of Vladimir Putin, how misfiring environmentalism risks harming the world’s poor (10:20) and some tips to design better flags (18:55).
The Wagner mutiny exposes the Russian tyrant’s growing weakness. But don’t count him out yet
The last pretence of Vladimir Putin to be, as he imagines, one of his nation’s historic rulers was stripped away on June 24th. A band of armed mercenaries swept through his country almost unopposed, covering some 750km (470 miles) in a single day, seizing control of two big cities and getting to within 200km of Moscow before withdrawing unharmed.
The trade-off between development and climate change is impossible to avoid
Thank goodness for the enthusiasts and the obsessives. If everyone always took a balanced view of everything, nothing would ever get done. But when campaigners’ worldview seeps into the staid apparatus of policymaking and global forums, bad decisions tend to follow. That, unfortunately, is especially true in the world of climate change.
Some tips to avoid having an embarrassing emblem
Have you ever met a vexed vexillologist? This is someone who frets when flags are badly designed. Sadly, too many flags flutter to deceive: they are cluttered with imagery, a mess of colours and all too easily forgettable. Yet flags matter. Witness Ukraine’s blue-and-yellow banner, which now serves as a potent symbol around the world (not to mention on this newspaper’s covers).
The Wagner mutiny exposes the Russian tyrant’s growing weakness. But don’t count him out yet
Ukraine’s counter-offensive is going slowly
Factions close to the Russian president are thinking about life after him
‘Editor’s Picks’ Podcast (June 12, 2023) – A selection of three essential articles read aloud from the latest issue of The Economist including the trouble with sticky inflation, the challenge of building Ukraine 2.0 and why Modelo Especial is the new king of beers.
The costs of taming price rises could prove too unpalatable for central banks
The trouble is that the inflation monster has not truly been tamed. Britain’s problem is the most acute. There, wages and “core” prices, which exclude energy and food, are rising by around 7%, year on year.
For Russia’s war to fail, Ukraine must emerge prosperous, democratic and secure
Ukraine’s nation-builders face formidable obstacles. The greatest is that, while Mr Putin is in power, this war is unlikely to end with a solid peace treaty. The two sides may talk—if only to avoid being seen as war-crazy.
Move over, Bud Light. Heed the power of the Hispanic market
The king is dead. ¡Viva el rey! That is the cheer ringing through drinking dens this summer as Bud Light, America’s self-styled “king of beers” for 22 years, is dethroned by Modelo Especial, a Mexican brew.
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