u.s. economy graph 2021
- ECONOMY
Keys to the Dior – a night at the fabled flagship store
I was only a few hours into my stay at Suite Dior 30 Montaigne, the ultra-exclusive new accommodation located in the…
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Biden’s China strategy cannot work with weapons alone
Whatever Russia does in Ukraine, the China threat is still Joe Biden’s priority — he has made that plain. What…
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Lebanon’s Hizbollah and allies lose majority in election
Iran-backed group Hizbollah and its allies have lost their majority in Lebanon’s parliamentary election, in a surprise blow to the…
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Ukraine says rescue under way at Azovstal steel mill in Mariupol
Ukraine has confirmed that an operation is under way to rescue its troops — many of them wounded — from…
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Military briefing: why Russia and Ukraine are fighting over a Black Sea outcrop
Snake Island leapt to international attention early in Russia’s war against Ukraine when its tiny garrison was told to surrender…
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Ethiopia atrocities cast long shadow as city of Lalibela prays for peace
Shrapnel scars the walls of a hotel in central Lalibela, the storied Ethiopian city that was the heart of a…
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China: worse
This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to…
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Donald Trump’s media venture warns of bankruptcy risk tied to ex-president
The blank-cheque company set to merge with Donald Trump’s social media start-up has warned shareholders that its plan to “cancel…
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Residents and guards suffer on Beijing’s zero-Covid front line
In normal times, the Guanghuali apartment compound near the foot of one of Beijing’s tallest skyscrapers would buzz with afternoon…
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UK criminal justice creaking under ‘unacceptable’ levels of delay
Criminal justice is “delayed, denied or disrupted in far too many instances” in England and Wales following the pandemic even…
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US to establish ‘persistent’ military presence in Somalia
US president Joe Biden has approved the establishment of a small but “persistent” military presence in Somalia, reversing the Trump…
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Diversity courses, ‘halo effect’ updated, best for law
Good afternoon from London and we hope you enjoyed your weekend. The Executive Education rankings are back next week. We…
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Macron picks Élisabeth Borne as France’s new prime minister
French president Emmanuel Macron has named his labour minister Élisabeth Borne as prime minister, opting for an experienced technocrat from…
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Ukraine claims Russia troops pushed back to border near Kharkiv
Ukraine on Monday claimed that its troops had reached the border with Russia near Kharkiv after weeks of successful counterattack…
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SFO largely cleared of wrongdoing after UK court battle with ENRC
The UK Serious Fraud Office was largely cleared of wrongdoing by a court on Monday after a three-year legal battle…
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Outstanding N Ireland protocol issues set scene for UK and EU clash
Boris Johnson’s government is on a collision course with Brussels over implementation of the post-Brexit deal for trading arrangements in…
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Food insecurity crisis is a bigger problem than energy
The writer is a senior fellow at Harvard Kennedy School and chief economist at Kroll Governments are spending a lot…
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Voters are getting better educated — this isn’t good news for democracy
The “use case” for liberal democracy isn’t that it is better at avoiding mistakes: democracies are no better at steering…
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A whiny plea to acknowledge Generation X
This article is an on-site version of our Swamp Notes newsletter. Sign up here to get the newsletter sent straight…
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Russia learns a hard lesson about the folly of war
Vladimir Putin was not the only one who got it wrong. The Russian leader’s assumption that his armies would vanquish…
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Finland and Sweden signal paradigm shift with push to join Nato
There can be no other word for what happened in Finland and Sweden this weekend but “historic”. For decades in…
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Inflation returns to haunt Brazilians
Carlos Vieira, a carpenter in São Paulo, hoped runaway inflation was consigned to Brazil’s past. Now, with the cost of…
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Goldman’s Lloyd Blankfein warns of ‘very, very high risk’ of recession
Former Goldman Sachs chief executive Lloyd Blankfein warned corporate America and US consumers to be prepared for a recession as…
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Outlooks for EU growth and inflation worsen as energy crisis hits
Brussels is set to cut its growth forecasts further and lift its inflation outlook as the energy crisis triggered by…
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UK manufacturers ‘reshore’ supply chains after pandemic and Brexit
British manufacturers are bringing back production to the UK in a “reshoring” push to try to address the supply-chain chaos…
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Adani buys Holcim’s Indian businesses for $10.5bn
Asia’s richest man Gautam Adani has struck a deal with Swiss cement giant Holcim to acquire its Indian businesses for…
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Boris Johnson set to sign off on plans to scrap part of NI protocol
Boris Johnson is this week expected to sign off plans for a law to unilaterally scrap parts of the UK’s…
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Sinn Féin leader pledges to move past N Ireland’s tribal divisions
The greatest week of Michelle O’Neill’s political career should have culminated in her appointment on Friday as first minister of…
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An online sales tax will further blight the high street
The writer is a partner at Sequoia Capital Deep in the shadowy reaches of the Conservative party, there must be…
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Kathy Barnette shakes up US Senate race on back of abortion debate
The leak of a draft decision by the US Supreme Court to overturn abortion rights has sparked a crisis of…
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Have US retail sales been hit by stubbornly high inflation?
Did US retail sales continue to grow in April? US retail sales are expected to have grown last month, in…
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Nato ministers ‘confident’ Turkey will not stop Sweden and Finland joining
Foreign ministers from several Nato countries expressed optimism that Turkey would change its mind over opposing Sweden and Finland’s accession…
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Fertility: childcare costs exacerbate the demographic drought
The Covid-19 baby bust — marked by falls of up to a fifth in December 2020 birth rates — was…
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Western banks explore asset swaps as a way of exiting Russia
UniCredit and Citigroup are exploring asset swaps with Russian financial institutions as western banks exiting the country scramble to avoid…
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Police say shooting that killed 10 in US grocery store was ‘hate crime’
A shooting at a grocery store in Buffalo, New York on Saturday has left at least ten people dead and…
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Narendra Modi secures diplomatic wins despite refusing to break with Russia
Emmanuel Macron greeted him with a bear hug in front of the Elysée Palace shortly after he was re-elected French…
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Airfares soar as Americans shrug off Covid and inflation to get away
US airlines are poised to raise ticket prices further as Americans shrug off the fastest rise in domestic airfares for…
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Markets brace for chaotic trading after India bans wheat exports
India has banned exports of wheat, in a move that is likely to push food prices higher and fuel hunger…
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Johnson delays plans to ban multibuy deals on unhealthy food
Boris Johnson has shelved plans to ban multibuy deals on unhealthy food in supermarkets after concluding that it would hit…
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Gotabaya Rajapaksa, Sri Lanka’s military-minded leader, takes his last stand
A younger Gotabaya Rajapaksa, in pressed white shirt and red tie, grins like a Cheshire cat as his elder brother…
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Head of UK civil service fears partygate fine, officials say
Simon Case, head of the UK civil service, fears he will receive a Metropolitan Police fine for breaking coronavirus restrictions,…
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UAE president Sheikh Khalifa bin Zayed al-Nahyan dies
Sheikh Khalifa bin Zayed al-Nahyan, the United Arab Emirates’ president and ruler of oil-rich Abu Dhabi since 2004, has died…
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Car bosses warn of supply chain threat to electric vehicle rollout
The world’s largest carmakers have warned supply chain disruptions and higher raw material prices threaten the rollout of electric vehicles,…
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Turkey’s president objects to Finland and Sweden’s Nato applications
Turkey’s president Recep Tayyip Erdoğan has come out against allowing Sweden and Finland to join Nato, putting the two Nordic…
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The art of ‘mamori’: why Masayoshi Son’s defence might not work this time
Masayoshi Son was uncharacteristically subdued when he revealed on Thursday that the Vision Fund lost $27bn from its investments last…
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‘Now it will only get worse’: Cuba grapples with impact of Ukraine war
Russia’s war in Ukraine has created fresh problems for its Caribbean ally Cuba, already shaken by street protests and facing…
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Occupy Wall Street, part 2?
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Australia accuses China of ‘act of aggression’ as spy ship hugs coast
Australia’s defence minister Peter Dutton has accused China of committing an “act of aggression” after a People’s Liberation Army naval…
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Return of Frieze New York proves that small is beautiful
It’s art fair season again, but not quite as we knew it. Frieze New York, which opens in Manhattan’s The…
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Latinx artists finally get New York recognition
‘Bodega juice on a Sunday’ (2022) by Danielle De Jesus at François Ghebaly. De Jesus captures the working-class residents of…
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