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  1. The Economist24 min

    The buck stops here? The threats to dollar primacy

    Jordan Bardella, Jason Palmer, Henry Kerr, Sophie Bedder, Emma Irving

    Following President Trump's April announcement of reciprocal tariffs, a financial sell-off has triggered concerns that the US dollar may lose its reserve status, potentially forcing bond yields higher and complicating the Federal Reserve's ability to manage inflation without a Congress unable to pass unpopular fiscal corrections. In France, Jordan Bardella has emerged as the strategic successor to Marine Le Pen after her 2027 election ban, leveraging his youth-oriented digital persona and critical stance on Vladimir Putin to modernize the National Rally while navigating internal party scrutiny. Concurrently, Hong Kong authorities are implementing strict regulatory measures for taxi drivers, including surveillance and penalty systems, to restore tourist confidence amid a sharp drop in visitor numbers and fierce competition from unregulated ride-hailing services.

  2. The Economist22 min

    You spin me right round: Europe’s populists reckon with Trumpism

    Jason Palmer, Sophie Petter, Nicholas Pelham

    European right-wing leaders like Giorgia Meloni and Marine Le Pen are navigating a strategic split between their initial political alignment with Donald Trump's re-election and the reality of American isolationism clashing with European security needs and domestic public opinion. Simultaneously, escalating US military strikes in Yemen continue to fail in reducing Houthi operational capacity while hardening the group's stance on regional negotiations and risking broader Persian Gulf conflict. In a separate sector, the Christian entertainment industry is leveraging lower production costs and a demand for morally uplifting narratives to expand rapidly on streaming platforms, prioritizing economic profitability over strict biblical adherence.

  3. The Economist25 min

    It’s no longer Trudeau: Canada’s PM resigns

    Trudeau, Jason Palmer, Rob, Sophie Pedder, Shailesh Chitnas

    Canadian Prime Minister Justin Trudeau announced his resignation following a decade of governance marked by significant electoral decline and internal conflict, setting the stage for a leadership succession race and an upcoming election centered on economic instability and foreign tariff threats. Meanwhile, the French satirical newspaper *Charlie Hebdo* marked the tenth anniversary of the deadly 2015 attack by reaffirming its provocative editorial stance from a secure location, even as public support for its right to caricature religious figures wanes amid a shifting cultural landscape. In the pharmaceutical sector, Artificial Intelligence is poised to disrupt an industry struggling with soaring development costs by accelerating molecular design and reducing timelines, though current clinical success rates remain constrained by the inherent complexity of human biology.

  4. The Economist23 min

    Scandal in the wind: Adani’s indictment could hurt Modi

    Adani, Modi, Jason Palmer, Rosie Bloor, Jeremy Page, Don Wineland, Katherine Nixie

    Following a BJP landslide in Maharashtra and a US indictment alleging a $250 million bribery scheme, Indian Prime Minister Narendra Modi faces intensifying political scrutiny as opposition leader Rahul Gandhi demands an investigation into the Adani conglomerate's alleged corruption. Simultaneously, China's real estate sector remains in deep crisis with 2.8 billion square meters of unsold inventory, a situation driven by restrictive debt policies and hampered by ineffective government interventions that have failed to clear housing stocks or restore consumer confidence. In the cultural sphere, psychologist Jordan Peterson continues to polarize public opinion through his new theological book and controversial rhetoric, sustaining a commercially lucrative ecosystem of followers and critics while navigating academic and societal backlash regarding his views on gender and free speech.

  5. The Economist25 min

    Why the baby business is booming

    Jessica, David Smotrich, Nima, Hamish, Alan White, Nick, Emma, Catherine Wade, Mian Ridge

    Valued at over $14 billion with projections reaching $130 billion, the global surrogacy industry is rapidly expanding due to rising infertility rates and restrictive laws in home countries that drive demand toward unregulated hubs. While the United States and Ukraine have historically served as major centers, tightening regulations in Asia and safety crises in Africa have forced a geographic shift that exposes gestational surrogates to severe exploitation and high maternal mortality. Experts now advocate for comprehensive international legal frameworks to replace bans with regulated standards, ensuring protections for children, intended parents, and surrogate workers across a market spanning costs from $30,000 to $200,000.

  6. The Economist25 min

    Business: go woke or go broke?

    Henry Trix

    Modern corporations are shifting from pure profit maximization to ESG-driven models where investor pressure, consumer ethics, and younger demographics force the adoption of technologies like GHGSat sensors for methane detection and molecular tagging for supply chain transparency. While AI tools now help verify these environmental and social claims, leaders face a strategic tension between meeting stakeholder expectations for diversity and ethical sourcing and maintaining short-term financial returns. Consequently, the market rewards verified stewardship with stronger performance metrics but punishes perceived grandstanding or opaque governance, making genuine responsibility a critical component of business viability.