Moscow sees the Western world order as collapsing and seeks to promote a new global balance at which it will be central. Putin frequently denounces American dominance and speaks of a new “multipolar world” on the horizon. During the BRICS summit, Putin emphasised that “a multipolar model is evolving, engendering a new wave of growth,…
Even so, it is possible to work out the sectors that will benefit if she wins. To start with: renewable energy. Harris may well have distanced herself from some of the lavish spending and generous subsidies of Bidenomics – and rightly so, given how unpopular that has proved with the voters and how much money…
Last week the head of MI5 warned the country that Moscow’s intelligence agencies were carrying out “arson” and “sabotage” in Britain. Yesterday, we learnt that Russia is suspected of having planted an incendiary device on a plane to the UK. The parcel containing the device subsequently caught fire while stored in a warehouse in Birmingham;…
At the Chinese Communist Party (CCP) Plenum in July, Xi Jinping outlined a major programme for reviving the economy. A mainly monetary stimulus package intended to achieve this was announced on 24 September, just ahead of the National Day Golden Week holidays, triggering a surge in China’s stock market. But the holidays showed little sign…
Instagram is the most used app among US teens, a new Piper Sandler survey found. TikTok was the second most used, and the most liked. Snapchat dropped off in both popularity and use among teenagers. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app…
The increasingly dire state of the Chinese economy is driving an unprecedented increase in capital flight. Much of this is illegal, and hence invisible and largely unreported; but enough evidence can be gleaned to build a worrying picture. It seems that Xi Jinping has managed to staunch the outflow of corporate wealth. But he cannot prevent the…