Global News Digest

Business

The Economist

Trump “fires” Lisa Cook, escalating his war on the Federal Reserve

Trump ousts Fed Governor Lisa Cook, an unprecedented removal for cause. This intensifies his conflict with the Federal Reserve.

The Economist

Trump’s interest-rate crusade will be self-defeating

Trump’s intimidation tactics at Jackson Hole highlight his self-defeating push to control interest rates, which is likely to backfire.

The Economist

Fear the deficit-populism doom loop

European lawmakers are trapped in a vicious cycle where deficit spending fuels populism, which in turn exacerbates fiscal deficits.

The Economist

Economists disagree about everything. Don’t they?

Economists are often perceived as deeply divided, yet this view oversimplifies their field. Significant consensus exists on many core principles, despite visible disagreements on specific policies.

The Economist

The green transition has a surprising new home

The green transition is expanding beyond Northern Europe, challenging the stereotype that it only thrives in regions with coalition governments and cycling infrastructure.

The Economist

Can China cope with a deindustrialised future?

China faces the complex challenge of transitioning from its industrial base to a post-industrial economy. Party elites must navigate this ideological and structural shift to maintain stability and growth.

The Economist

Trump’s trade victims are shrugging off his attacks

Despite Trump’s trade war attacks, targets remain resilient. Meanwhile, China is gaining ground in the process.

The Economist

In praise of complicated investing strategies

The article argues for abandoning Occam’s razor in investing, advocating instead for intricate strategies to better grasp complex market dynamics.

The Economist

How America’s AI boom is squeezing the rest of the economy

America’s AI boom is straining the broader economy by consuming vast resources, as data centers encroach on infrastructure and energy supplies.

The Economist

Where has the worst inflation problem?

The text updates an entrenchment metric. It does not identify regions with the worst inflation.

The Economist

Growth-loving authoritarians are failing on their own terms

Authoritarian leaders in Asia, the Gulf, and East Africa face a crisis as their growth-dependent models fail. They are now trapped by the very economic promises that legitimized their rule.

The Economist

What 630,000 paintings say about the world economy

Analyzing 630,000 artworks reveals how artists like Kandinsky and Monet functioned as economists, embedding global economic narratives within their creative works.

The Economist

Who will win from Trump’s tariffs?

Trump’s tariffs are reshaping the "China plus one" strategy, redirecting supply chains to new alternative destinations.

The Economist

To sell Fannie and Freddie, Trump must answer a $7trn question

Trump faces a $7 trillion hurdle in privatizing Fannie and Freddie, despite their current market performance outpacing Nvidia.

The Economist

Ivy League universities are on a debt binge

Ivy League universities are accumulating significant debt by leveraging their prestige premium to secure borrowing advantages.

The Economist

Palantir might be the most overvalued firm of all time

The article questions Palantir's valuation, suggesting it may be the most overvalued firm ever. It challenges investors to justify the stock's high price against its fundamentals.

The Economist

America’s housing market is shuddering

America’s housing market is shuddering as the era of prosperity ends for homeowners nationwide.

The Economist

Xi Jinping’s city of the future is coming to life

Xi Jinping’s futuristic city inspires awe and apprehension. Its rapid development raises concerns alongside admiration for its ambitious scale and technological integration.

The Economist

An economist’s guide to big life decisions

This guide applies economic principles to major life decisions, offering a fresh perspective on navigating significant choices beyond routine matters.

The Economist

Want better returns? Forget risk. Focus on fear

A study proposes a new asset pricing paradigm: prioritize fear over risk to achieve better returns and higher yields.