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  • Leaders
    The humbling of Goldman Sachs
    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.”

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