The struggle to reinvent a firm trapped by its own mythology
Leaders
NATO members are right to send tanks to Ukraine
But their dithering has served no one except Vladimir Putin
China
China is trying to win over Westerners and private firms
But Xi Jinping is unlikely to change
Espresso
The world in brief
Catch up quickly on the global stories that matter
Explainer: What makes Germany’s Leopard 2 tank the best fit for Ukraine?
It is easier to run than America’s Abrams—and in plentiful supply in Europe
Schumpeter: How will Satya Nadella handle Microsoft’s ChatGPT moment?
He has spent a career trying to return Microsoft to the pinnacle of tech
Where have all America’s workers gone?
The supply of workers is at pre-pandemic levels, but demand is far greater
How to conduct a sex survey
A British survey of sexual habits is precise, clear and involves absolutely no smut
Japan’s armed forces are getting stronger, faster
America seems delighted
Congress is gridlocked. America’s statehouses are very much not
Bans on electric cars and drag shows are on the menu in 2023
There is no easy escape from America’s debt-ceiling mess
Defaulting is unthinkable, but the “workarounds” to avoid default bring their own dangers
A crisis of confidence in Egypt
After a decade of deficits, the government is running out of options
How the world economy could avoid recession
Markets are giddy, but there is a long way to go
Britain’s carmaking industry is increasingly under threat
Britishvolt’s collapse is not the only bad omen for battery-powered cars
By InvitationBrian Deese, John Podesta and Jake Sullivan on the Inflation Reduction Act
The three White House officials say it benefits the world—as well as America
Can China fix its property crisis?
Reforms risk another wave of excess
How the young spend their money
They are woke, broke and complicated. Businesses should take note
How to sell to the young
A myth-busting memo for your boss
Does Gen Z spend too much time on social media?
A new survey offers clues on teenage screen time
Britons in their thirties are stuck in a dark age
Youth is wasted on the young. But wealth is wasted on the old
Investing in an era of higher interest rates and scarcer capital
Prepare for impatient investors and pain in private markets—but also higher returns
Rising interest rates and inflation have upended investing
Not all assets have been affected equally
Investment banks are struggling in a high-interest-rate world
But the change does not fully explain Goldman Sachs’s struggles
Will investors have another awful year in 2023?
There is a lot of unfounded optimism about
Disney’s second centur
Wages are rising but those in the middle have less to cheer about
President Erdogan could tip his country over the edge
What Western tanks should give Ukraine in the next round of the war
Mark Jacobson contributes to an urgent debate in “No Miracles Needed”
Erdogan’s empir
Approaching its centenary, Turkey faces an election that could decide its future as a democracy, argues Piotr Zalewski
Podcasts
Published since September 1843 to take part in “a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress.”