If America goes after India’s oil trade, China will benefit
WHEN WESTERN countries began boycotting Russian oil in 2022, India saw an opportunity. Some 2.6m barrels a day…
A fresh retail-trading frenzy is reshaping financial markets
Investors love an acronym. In recent months they have embraced the TACO (Trump Always Chickens Out) trade. They…
Why 24/7 trading is a bad idea
Stock exchanges are the quaintest corners of modern finance. At other financial institutions, the typical trading floor features…
Our Big Mac index will sadden America’s burger-lovers
America’s import duties just keep rising. On August 1st levies on more than 20 countries, plus the European…
India’s Licence Raj offers America important lessons
Jawaharlal Nehru, India’s first prime minister, and Donald Trump, America’s president, do not share many similarities. Nehru was…
Xi Jinping’s futile war on price wars
When firms raise prices, “gouging” their customers, many governments complain. Some cannot resist intervening. But in today’s China,…
How to make prediction markets more useful
If you could invent something to fulfill an economist’s dream, it would look an awful lot like a…
How might China win the future? Ask Google’s AI
If China dominates the 21st-century economy, its industrial policy will get a lot of the credit. The state’s…
Why AI hasn’t taken your job – The Economist
Why AI hasn’t taken your job The Economist Google DeepMind CEO ‘warns’ students getting into college: The world you…
Where real danger might lurk in chaotic markets – The Economist
Where real danger might lurk in chaotic markets The Economist America’s financial system came close to the brink The Economist…