DIGITAL EDITION
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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 consent is weakening, and the machinery of American hegemony is becoming an increasingly expensive constraint.
Economics
For forty years, globalisation stripped redundancy from the world economy: warehouses emptied, inventories shrank, suppliers consolidated and production moved wherever it was cheapest. Now war, sanctions and vulnerable shipping routes are reversing the calculation.…
Japan’s first female prime minister has introduced one of the most significant changes to the Imperial Household in decades. Rather than allowing Princess Aiko…
Artificial Intelligence (AI)
While Washington debates how artificial intelligence should be regulated, Beijing is building the institutions, infrastructure and partnerships through which it can be exported. The contest is no longer simply about creating the smartest model,…
The conflict is moving beyond military bases and missile sites towards the systems that sustain modern Gulf life. As bridges fall in Iran and…
Economics
America has accumulated extraordinary financial wealth, yet its productive economy increasingly struggles to deliver affordable housing, modern infrastructure, skilled employment and industrial renewal. For decades, cheap credit and globalisation masked the growing divide between…