The Economist Magazine (February 10, 2024): The latest issue features ‘The Right Goes GAGA’ – Meet the Global Anti-Globalist Alliance’; Goodbye to the racial jobs gap; San Francisco’s comeback; China’s chipmaking plan; The looming hell in Rafah….
The Economist Magazine (January 12, 2024): The latest issue features ‘China’s EV Onslaught’ – An influx of Chinese cars is terrifying the West; Europe’s Silicon Valley; ‘America Fights Back’ – The new contest for sea power; Why Olaf Scholz is no Angela Merkel – Germany is unable and unwilling to lead Europe; What science says about old leaders…
The Economist Magazine (January 4, 2024): The latest issue features‘The man supposed to stop Donald Trump is an unpopular 81-year-old; Israel-Hizbullah – Can war be avoided?; The stakes in Taiwan’s election; An interview with Volodymyr Zelensky; The surge in AI nationalism…
Houthi attacks on Red Sea shipping threaten global trade
For the world to prosper, ships must reach their ports. They are most vulnerable when passing through narrow passages, such as the Strait of Malacca or the Panama Canal. So a recent surge of attacks on vessels in the Red Sea, the only southern conduit into the Suez Canal, poses a grave threat to global trade. The Houthis, militants in Yemen backed by Iran, have fired over 100 drones and missiles at ships linked to more than 35 countries, ostensibly in support of the Palestinians. Their campaign is an affront to the principle of freedom of navigation, which is already at risk from the Black Sea to the South China Sea. America and its allies must deal firmly with it—without escalating the conflict in the Middle East.
Spare a thought for economists. Last Christmas they were an unusually pessimistic lot: the growth they expected in America over the next calendar year was the fourth-lowest in 55 years of fourth-quarter surveys. Many expected recession; The Economist added to the prognostications of doom and gloom. This year economists must swap figgy pudding for humble pie, because America has probably grown by an above-trend 3%—about the same as in boomy 2005. Adding to the impression of befuddlement, most analysts were caught out on December 13th by a doveish turn by the Federal Reserve, which sent them scrambling to rewrite their outlooks for the new year.
The Globalist Podcast (December 15, 2023) –The latest on the battle for the White House as Donald Trump surges in key swing-state polls and Joe Biden grapples with inflation, as well as a looming impeachment investigation.
Then: Moncole’s Tokyo bureau chief, Fiona Wilson, discusses the political fallout from Japan prime minister Fumio Kishida’s latest scandal. Plus: Vladimir Putin’s Year of the Family 2024 agenda, a flip through the papers and Andrew Mueller’s take on the news of the week.
The Economist Magazine (December 14, 2023): The latest issue features ‘The media and the message’ – Journalism and the 2024 presidential election; ‘Can you have a healthy democracy without a common set of facts?; Iran’s regime is weaker than it looks, and therefore more pliable, and more…
America’s presidential election is a test of that proposition
Journalists should not spend much of their time writing about journalism. The world is more interesting than the inky habits of the people who report on it. But this week we are making an exception, because the discovery and dissemination of information matters a lot to politics. Don’t take our word for it: “A popular government,” wrote James Madison in 1822, “without popular information, or the means of acquiring it, is but a prologue to a farce or a tragedy; or, perhaps both.” Were Thomas Jefferson offered a choice between a government without newspapers and newspapers without a government, he said that he would choose the press (though that is probably going a bit far).
America should deter it from escalating the Gaza war, but also engage with it
Twelve months ago Iran was reeling from protests sparked by the death in custody of a young woman who had been arrested for showing too much hair. Its theocratic regime was increasingly isolated, as Arab states forged closer ties with its enemy, Israel. The economy was a mess, adding to popular anger at Iran’s ageing supreme leader and inept president. The Islamic Republic had not seemed so vulnerable in decades.
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