Apr 23rd 2022

The Fed that failed

The world this week

Leaders

The Fed that failed

Why the Federal Reserve has made a historic mistake on inflation

What comes next will set the path for the world economy

Somebody else’s problem

Shipping asylum-seekers to Rwanda could wreck the Refugee Convention

The fact that Britain's plan could work is what makes it so dangerous

Give them the tools

The West needs to send Ukraine more and better weapons

The next phase of the war may be harder—and just as important

How to become a porcupine

How to deter China from attacking Taiwan

What Taiwan can learn from Ukraine about resisting invasion

Vested interests

The push for shareholder democracy should be accelerated

It is still too hard for small shareholders to be heard

Letters

On Ukraine and the EU, business ethics, Britain, Hungary, hotels, water

Letters to the editor

By Invitation

Russia and Ukraine

Ian Bremmer counts the cost of the war to Vladimir Putin

Russia and Ukraine

Dominic Lieven says empires eventually end amid blood and dishonour

Russia and Ukraine

Poland’s prime minister says the West’s appeasement of Vladimir Putin must stop

Briefing

“War is here”

What Taiwan can learn from Russia’s invasion of Ukraine

Fighting spirit and the right Western arms may stymie a powerful foe

United States

Greener than thou

California wants to lead the world on climate policy

Cottage industry

The case for granny flats

A fight over jurisdiction

Oklahoma takes a tussle with Indian tribes to the Supreme Court

Dust-up with doormen

New York’s well-to-do avoid having to open their own doors

Ketamine clinics

More American clinics are offering ketamine to treat depression

Lexington

James Madison and his slaves

The Americas

The United States of Mexico

Mexican migration has changed America for the better

Enemies with benefits

Can Venezuela help the West wean itself off Russian oil?

Asia

Asia’s Ukraine dilemma

Interests, not values, underpin Asia’s ambivalence about Russia

Moo with the times

Indian cows (and buffaloes) are going online

Sung and dance

North Korea’s day of celebration reveals little to celebrate

Banyan

Lawrence Wong is Singapore’s presumptive next prime minister

China

Democracies and the dragon

Chinese political interference has Western spooks worried

The Russian treatment

Could the West punish China the way it has punished Russia?

The blame game

China says imports are causing outbreaks of covid-19

Chaguan

China’s harsh and elitist covid rules

Middle East & Africa

The call of the south

Turkey is making a big diplomatic and corporate push into Africa

Monetising Madiba

Making money from Nelson Mandela’s name

The sour milky way

Why Egypt isn’t open for business

Unhappy royals

Jordan’s troubled king and his bothersome brother

Europe

A new phase begins

Fighting has intensified in the Donbas region

The reticent Mr Scholz

Why Olaf Scholz hesitates to send Ukraine heavy weapons

Finger in the wind

Georgians back Ukraine, but their government is more hesitant

Art and the war

Protests and politics will dominate this year’s Biennale

The final choice

Emmanuel Macron remains the strong favourite to win France’s presidency

Charlemagne

Tariffs on Russian energy are a smart way to hobble Vladimir Putin

Britain

The big squeeze

A guide to Britain’s cost-of-living crunch

Red and buried

Sir Keir Starmer’s transformation of the Labour Party

Less shooting, more sequestering

The carbon market drives land sales in Scotland

Window pains

A Cambridge college reflects on the controversy over Ronald Fisher

Really not new York

The NIMBY city

Bagehot

Why Boris bashes the archbishop

International

Going to court for the climate

Lawsuits aimed at greenhouse-gas emissions are a growing trend

Special report

Central banks

The danger of excessive distraction

Emergency response

The perils of expanded balance-sheets

Social issues

When central banks become one-stop policy shops

Environmental concerns

The wish to respond to climate change

Going digital

How central banks are moving into e-money

Geopolitics and war

When central banks face sanctions

Looking ahead

The curse of being too competent

Central banks

Sources and acknowledgments

Business

Proxy power

Annual meetings are the new frontline in the battle over corporate purpose

Commercial brake

Netflix sheds subscribers—and $170bn in market value

Take this, sucker

Big tech wants to bootstrap carbon removal into a big business

Hungry, hungry unicorns

After a fat year, tech startups are bracing for lean times

Schumpeter

Elon Musk’s Twitter saga is capitalism gone rogue

Bartleby

Startups for the modern workplace

Finance & economics

The Fed’s mistake

After getting inflation so wrong, can the Fed now get it right?

The hesitant v the urgent

China’s two-front fight to quash the virus and revive its economy

The Roman question

What an end to quantitative easing means for Italian debt

Stronger links

New research spells out the benefits of diverse supply chains

Executive exit

A surprise sacking at China Merchants Bank frightens investors

Get up and go

All over the rich world, new businesses are springing to life

Buttonwood

A requiem for negative government-bond yields

Free exchange

Does high inflation matter?

Science & technology

Human space flight

Spacesuits are showing their age

Launch break

America is ending anti-satellite missile tests

Light entertainment

Why 15,000-year-old art might have been displayed in firelight

Twists and turns

How balls of blackworms avoid the knotty step

Out, dammed spot

A sound way towards reversible vasectomies

Culture

Wanghong art

Social media are changing the way art is seen and presented

Centennial tributes

The comic genius of Kingsley Amis

The roads to war

“Why We Fight” investigates the origins of war

Home Entertainment

Love and exile in “Letter from an Unknown Woman”

American lives

Paddle alongside Dick Conant in “Riverman”

Johnson

On the origin of languages

Economic & financial indicators

Indicators

Economic data, commodities and markets

Graphic detail

Scorched earth

Nearly half of Mariupol has suffered grave damage

Obituary

A taste for freedom