DIGITAL EDITION
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A wave of attacks on South Korean banks suggests artificial intelligence may be changing cybercrime not by inventing new hacking techniques, but by making familiar ones faster, cheaper and easier to scale. The breaches also expose a more uncomfortable problem: ordinary weaknesses in the systems surrounding supposedly well protected financial networks.
World
For almost two-thirds of a century, Washington has tried to make Cuba’s revolutionary government economically unviable. The island survived through Soviet support, rationing, public healthcare, Venezuelan oil and the endurance of its people. Now…
Iranian missile and drone strikes have disrupted American bases and naval supplies across the Gulf. As Donald Trump threatens another bombing campaign, Washington faces…
Saudi Arabia
Attacks on Saudi Arabia and Houthi advances in Yemen are testing its defence pact with Turkey and Pakistan. What have the partners promised, and how far are they prepared to go?
The war with Iran is exposing the financial costs of American power. Higher energy prices and expensive borrowing threaten to squeeze households already struggling…
Economics
War, rising debt and the AI investment boom are increasing pressure on government borrowing. The political question is whose wealth is protected and who bears the cost.
More than half of Britain’s electricity is generated from renewable sources, yet international gas prices can still determine the wholesale price of power. As…
Long Read
America’s $40 trillion debt is more than a fiscal warning. For half a century, deficits and dollar dominance financed consumption, Wall Street and global military reach. Now interest costs are overtaking defence spending, political…
Britain has world class finance, universities, science and enormous pools of capital. Yet it invests less than any other G7 economy and struggles to…