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Capitalism is having an identity crisis – but it is still the best system

6 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

6 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

5 years by Daniel Williams

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Is there a fix for Japan’s markets mess?

Kuroda Haruhiko entered the Bank of Japan (boj) with a bang. Upon becoming governor in 2013, the former finance-ministry official fired a “bazooka” of easy money in an attempt to end decades […]

Rallying markets suffer from a doveish illusion

The “money illusion” ranks among the more lyrical-sounding concepts in economics. It refers to the mistake that people make when they focus on nominal rather than real values. Anyone chuffed to get […]

The last gasp of the meme-stock era

Two years ago the stockmarket was in the grip of speculative mania. Shares in GameStop, a struggling video-game retailer, hit an all-time intraday high of $483 on January 28th 2021, up from […]

China is paralysing global debt-forgiveness efforts

Given that his country is on the brink, Mohammad Ishaq Dar, Pakistan’s economy minister, is strangely serene. In the week to January 20th, his government burned through a quarter of its dollar […]

The AI boom: lessons from history

It can take a little imagination to see how some innovations might change an economy. Not so with the latest ai tools. It is easy—from a writer’s perspective, uncomfortably so—to think of […]

Super-tight policy is still struggling to control inflation

In october we examined the fortunes of Hikelandia. In this group of eight countries—Brazil, Chile, Hungary, New Zealand, Norway, Peru, Poland and South Korea—central banks have thrown the kitchen sink at inflation. […]

China’s ultra-fast economic recovery | The Economist

During China’s recent lunar-new-year holiday, tourists flocked to the sprawling Taihao mausoleum in Henan province. Many enjoyed slapping a statue of Qin Hui, a scheming official in the Song dynasty who is […]

Surging stocks undermine a hallowed investing rule

If you are one of the many buyers of American stocks or Treasury bonds in the past four months, or indeed a buyer of most financial assets over the period, then this […]

South Korea’s housing crunch offers a warning for other countries

“Buying the house in 2021 might be one of the biggest regrets of my life,” says Kim Myung-soo, a 33-year-old whose home in Jamsil, eastern Seoul, has fallen in value by about […]

India Supreme Court grants bail to 8 life convicts in Godhra train burning case – JURIST

The Supreme Court of India Friday granted bail to eight life convicts in the 2002 Godhra train burning, which led to the death of at least 58 people at the Godhra railway […]

Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST

The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]

Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST

Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]

Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST

The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]

Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST