■最新号目次■
The Taiwan test
The world this week
Politics
Business
The weekly cartoon
Leaders
The showdown
A superpower crunch over Taiwan is coming
China has a new chance to call America’s bluff
Shipping containers at Port Newark Container Terminal in Newark, New Jersey, United States on April 8th 2025
Wishful thinking
Investors’ risky bet: they can shrug off the trade war
The relief they are banking on needs to come fast
Paramilitary soldiers board a patrol boat as Indian tourists take boat rides on Dal Lake in Srinagar, Indian controlled Kashmir, April 25th 2025
A neighbourhood nightmare
India must prove Pakistan’s complicity in the attack in Kashmir
It would then have every right to strike back
Illustration of shattered glass with a hole in the middle in the shape of the UK
The price of public decay
Britain’s social contract is fraying
But a patch-up job would be cheaper than politicians think
A polymetallic nodule collected in the Pacific Ocean is displayed in San Diego, United States on June 8th 2021
Race to the bottom
Donald Trump is right to go after metals in the deep sea
Environmentalists should push the UN body that governs deep-sea mining to pass regulations to allow it
Letters
A selection of correspondence
The IMF’s planned new loan to Argentina
By Invitation
Trump’s first 100 days
Trump’s revolution is the only way to save America, says the architect of Project 2025
Briefing
A Taiwan Coast Guard vessel chases a Chinese Coast Guard ship off the coast of Hualien, Taiwan
A darker shade of grey zone
Chinese military exercises foreshadow a blockade of Taiwan
The Trump administration’s fickleness is adding to the island’s anxieties
A person carrying the Taiwanese flag near Pratas Island, Taiwan
Hoping for despair
Can China sap a divided and isolated Taiwan of its will to resist?
Taiwanese are growing more doubtful that they can fend off their hostile neighbour
The container ship is leaving the Port of Kaohsiung, Taiwan
Trade raid
Any Chinese curbs on Taiwan’s trade would carry big economic costs
But China could calibrate a trade “quarantine” to limit unintended consequences
Asia
A man walks through the debris of a demolished house in Murran village near Pulwama, India on April 26th 2025
On the brink
India and Pakistan are bracing for a military clash
Tech supply chains
India’s new chip fab rises from the dust
Assault and flattery
Trump, trade and troops: South Korea’s nightmare
A national rethink
Aussies are doing a political pivot
China
An employee works at a toy factory specialising in solar powered plastic gadgets in Yiwu.
In the trenches
American tariffs are starting to hammer Chinese exporters
Identity crisis
Is China justified in still calling itself a developing country?
The rural economy
Edible rats are China’s latest live-streaming stars
United States
American flag bunting hangs above a photocopier at the Internal Revenue Service campus in Austin, Texas, US.
Taxing times
Donald Trump is creating chaos at the IRS
ICE storm
How a judge’s arrest fits into America’s deportation drive
Gilded gulps
Water sommeliers say the simplest drink is the future of luxury
Survivor: Ivy League edition
How one Ivy League university avoided the president’s wrath
Baby rights
Why does America have birthright citizenship?
Lexington
Donald Trump could rescue John Roberts
The Americas
Canada's Prime Minister Mark Carney gestures to an aeroplane.
The vote-swinger’s tricky future
Mark Carney’s plan for Canada
Two sides of the same coin
Canada’s new Conservative movement resembles Donald Trump’s
Middle East & Africa
A mural depicting a mock version of the Statue of Liberty with the torch-bearing arm broken is seen painted on the outer walls of the former US embassy in Tehran
Death to America no more
Iran’s leader hopes America can save his faltering regime
In surprising communion
Donald Trump’s Syria policy is still a work in progress
A smoky affair
Africa’s charcoal economy
Back to the bad old days
Ivory Coast is gearing up for an unfair election
Sunken and rusting
What a wrecked ferry reveals about war in South Sudan
Europe
This is a collage-style illustration with fighter jets, yellow stars, an American flag. Donald Trump, Macron, and Ursual von der leyen. The background is beige, and the image has a bold, dramatic feel with elements of war and politics.
The break-up
100 days of Trump: the growing dismay in Europe
The hundredth day
America and Ukraine agree on a minerals deal, a good omen for the peace process
Hard pounding
Ukraine’s fighters fear Russian attacks and America’s ceasefire
Buttoned-down caprice
Germany’s staid-seeming new chancellor has a mercurial streak
Charlemagne
The unbearable self-indulgence of Europe
Britain
City workers and other pedestrians pass roadworks signs
The public realm
Broken windows and pockmarked roads
Immigrants’ earnings
Britain’s Poles now earn more than the natives
Lairds and the land
Scotland’s outdated land laws threaten the future of rural towns
City limits
Why building anything in London is so hard
Trans rights
Women win legal clarity—but Britain’s gender wars intensify
Bagehot
The strange success of snooker
International
An aerial view of the Maersk Launcher, a ship chartered by the Metals Company.
The last mining frontier
A Trump executive order will unleash a global deep-sea mining boom
Deadbeats united
The UN could run out of cash within months
The Telegram
Donald Trump picks the wrong trade fight with China
Business
Less cheap, less cheerful
Can Shein and Temu survive Trump’s trade war?
MAGA v MAMAA
Big tech has a big Trump problem
Trouble brewing
Can Starbucks be turned around?
Lacking a certain je ne sais quoi
When can AI book my summer holiday?
“60 Minutes”, one big headache
For media companies, news is becoming a toxic asset
Factory fantasies
The trouble with MAGA’s manufacturing dream
Bartleby
Your AI meeting notes are ready
Schumpeter
Will the trade war capsize shipbuilders?
Finance & economics
Battle-ready
Why China has the upper hand in its trade war with America
Stormy seas
America may be just weeks away from a mighty economic shock
The kopek drops
Vladimir Putin’s money machine is sputtering
Buttonwood
How a mortgage transforms your investment portfolio
Something for everyone?
A takeover bid promises consolidation in Italian finance
PE for the people
The risky world of private assets opens up to retail investors
Free exchange
Why economists should like booze
Science & technology
Illustration showing three human silhouettes—a child, an adolescent, and an adult—each displaying abstract representations of gut bacteria inside their bodies
Root of the problem
Rates of bowel cancer are rising among young people
A trial on trial
A landmark study of gender medicine is caught in an ethics row
Shots in the dark
The great Iberian power cut need not spell disaster for renewables
Well informed
Can at-home brain stimulators make you feel better?
Culture
A photo illustration depicting a hand holding a key coming out from a hole in the centre of the painting of The Acrolopolis at Athens by Leo von Klenze.
Rise of nations
How golden ages really start—and end
War crimes
Did Hitler order the murder of Einstein’s relative in Italy?
A steamy romance
Saunas are so hot right now
World in a dish
Mumbai wants to extinguish the charcoal tandoor
Death, Inc
How “Putin’s chef” built the world’s most notorious private army
Streams of consciousness
What people should learn from rivers
Economic & financial indicators
Indicators
Economic data, commodities and markets
Obituary
Martin Graham with chickens at Longborough
Wagner in a chicken shed
Martin Graham was determined to see his dream come true