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After US forces removed Nicolás Maduro, Venezuela rewrote its oil law and granted a Pentagon-linked venture century-long rights over 65 billion barrels. The agreement…

The wider report

For forty years, globalisation stripped redundancy from the world economy: warehouses emptied, inventories shrank, suppliers consolidated and production moved wherever it was cheapest. Now…

Dispatches

Britain Has Money. Why Can It No Longer Build?

Britain has world class finance, universities, science and enormous pools of capital. Yet it invests less than any other G7 economy and struggles to build infrastructure, housing and productive capacity. The deeper British malaise…

While Washington debates how artificial intelligence should be regulated, Beijing is building the institutions, infrastructure and partnerships through which it can be exported. The…

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