Buy the bullet: global defence spending

Buy the bullet: global defence spending

Governments the world over are beefing up defence spending—chief among them America’s and China’s. But some aggressive countries’ budgets are actually shrinking. May Day protests in France took a violent turn this year, and that complicates President Macron’s efforts to calm an already protest-prone populace. And, academics have been trying to determine which English-speaking country produces the most bullshit.

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Luna landing: Crypto chaos

Luna landing: Crypto chaos

Stablecoins are essential to the financial plumbing of the cryptocurrency world. They’re pegged to a real-world asset, usually the dollar. But when that peg breaks, things can turn ugly in a hurry. Mu...

17 Mai 202224min

Not stuck in neutral: Sweden, Finland and NATO

Not stuck in neutral: Sweden, Finland and NATO

Neither Finland nor Sweden ever joined NATO, the Western military alliance formed in 1949: Finland for pragmatic reasons and Sweden for ideological ones. But Russia’s invasion of Ukraine has prompted ...

16 Mai 202222min

Arm Scandi: Britain’s mutual-defence pact

Arm Scandi: Britain’s mutual-defence pact

Prime Minister Boris Johnson’s collective-defence deal with Swedish and Finnish leaders represents a shift in the European order—and Britain’s post-Brexit place in it. Our correspondent visits Great Z...

13 Mai 202227min

Entrenched: stalemate in Ukraine’s east

Entrenched: stalemate in Ukraine’s east

Russia’s bid to conquer the eastern region of Donbas is proceeding at a snail’s pace. All over Ukraine resistance continues and a grinding, prolonged conflict looms. Police reform remains controversia...

12 Mai 202225min

It’s a family affair: Sri Lanka’s protests turn deadly

It’s a family affair: Sri Lanka’s protests turn deadly

Demonstrations that eventually ousted the prime minister have cost lives, but the protest mood is not fading: many want every member of the storied Rajapaksa family out of government. We examine an ef...

11 Mai 202223min

Out like a Lam: Hong Kong’s new leader

Out like a Lam: Hong Kong’s new leader

John Lee, the successor to Chief Executive Carrie Lam, won by a predictable landslide: he is just the sort of law-and-order type party leaders in Beijing wanted. As the rich world emerges from the pan...

10 Mai 202221min

Under-armed sweat: America’s “arsenal of democracy”

Under-armed sweat: America’s “arsenal of democracy”

America accounts for the lion’s share of weaponry sent to Ukraine. But that may leave it short of arms in onward conflicts; boosting production is not as easy as it may seem. The widespread cost-of-li...

9 Mai 202222min

The son shines: elections in the Philippines

The son shines: elections in the Philippines

Voters in the Philippines choose a new president on Monday. The likely winner is a scion of one of the country’s most controversial families. Exxon struck oil off the coast of Guyana a few years back....

6 Mai 202226min

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