The omnistar is born – Those complaining the loudest about the new technology stand to benefit the most
Superpower politics – America must understand China’s weaknesses as well as its strengths
Constitutional chicanery – Italians should reject their prime minister’s demagogic proposal
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 everyone agreed that high interest rates would soon bring about a recession. Now even the optimists have been confounded. America’s economy roared in the third quarter, growing at a stunning annualised pace of 4.9%. Around the world, inflation is falling, unemployment has mostly stayed low and the big central banks may have stopped their monetary tightening. China, stricken by a property crisis, looks likely to benefit from a modest stimulus. Unfortunately, however, this good cheer cannot last. The foundations for today’s growth look unstable. Peer ahead, and threats abound.
Israel’s bombardment of Gaza is taking a terrible toll. But unless Hamas’s power is broken, peace will remain out of reach
Trade wars: episode II
You may think his worst ideas won’t get far. Sadly, on trade he has been singularly influential
How Joe Biden manages the war between Israel and Hamas will define America’s global role
Sergio Massa, the economy minister, will now go head-to-head with Javier Milei
A summit in Britain will focus on “extreme” risks. But no one knows what they look like
Only America can pull the Middle East back from the brink
How the GOP could yet, inadvertently, further the national interest
A victory for the rule of law in the heart of Europe
Much depends on its offensive in Gaza—and its politicians and neighbours
Briefing
The miscalculations of Israel’s and Gaza’s leaders are being laid bare
Governments are jettisoning the principles that made the world rich
The alternatives will undoubtedly be worse
His successor should seek cross-party support to keep funding the war
The Globalist Podcast (September 29, 2023) – A look ahead to the Slovakian elections with Rikard Jozwiak. Meanwhile, tensions are high in Washington as lawmakers try to avoid a shutdown and Taiwan unveils its first domestically made submarine.
Plus: we examine the Austrian far-right’s links with the Taliban, the Académie française elects a new permanent secretary and the ‘Oxford English Dictionary’ adds new words.
Nine new countries, including Ukraine, are vying to join
Investors have begun to confront the long-haul reality of high interest rates
And Russia may also be destabilising its old ally, Armenia
The Globalist Podcast (September 28, 2023) – Spain struggles to form a government and we discuss the changing symbolism of the car in American politics.
Monocle’s Tokyo Bureau Chief, Fiona Wilson, reports as Russia mulls over an import ban on Japanese seafood, and discuss Russia’s claims that Black Sea Fleet commander Viktor Sokolov is alive. Plus: fashion news and the Charlie Watts auction at Christie’s.
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