Food prices are falling. Why is there still a hunger crisis?
By David Fickling
AS QUICKLY as it blew up, the food crisis of 2022 appears to be receding.
The best and worst airlines for flight cancellations
PASSENGERS flying with Virgin Australia and Dutch carrier KLM are suffering some of the biggest disruptions to travel as the understaffed aviation industry struggles to cope with a resurgence in demand, schedules show.
Most expensive condominium in Los Angeles hits market at $75M
A PENTHOUSE condo connected to the Four Seasons Los Angeles hotel is being listed for $75 million, a record asking price in a city known more for megamansions than high-rise housing.
Chile’s failed pensions are Neoliberalism’s badge of shame
By Shannon O’Neil
CHILE embraced neoliberalism more than almost any other nation, with its 1980 privatization of pensions a hallmark of its paradigm shift.
The ‘Great Resignation’ worked: Most job-swappers got a raise
FOR THE MAJORITY of people who quit their job in search of higher pay elsewhere, the wager paid off.
After cannabis, Thailand takes step to allow casinos to operate
AFTER decriminalizing cannabis, Thailand is now considering casinos to attract foreign money and lure more tourists to galvanize its pandemic-hit economy.
Have Putin’s Ukraine goals shrunk or expanded?
By Leonid Bershidsky
THE WAR in Ukraine is, let’s admit it, weird. Russian citizens can, at least theoretically, travel to Ukraine for business or pleasure, though now — only since June — they need visas.
Crypto breaks the rules. That’s the point.
By Tyler Cowen
ONE of the most common criticisms of cryptocurrency is that it is just a way to get around financial rules and regulations. That criticism is not entirely wrong — but with crypto, as with many other innovations, regulatory arbitrage is a feature, not a bug.
Globalization is just getting started
By Allison Schrager
LIKE IT OR NOT, we live in a globalized economy. How you define or measure globalization can vary, but it tends to just mean greater financial integration among countries, as well as more political cooperation, immigration, and trade of goods and services. In all these domains, globalization has been on the rise until recently.
The tension in Japan’s dialed-up defense ambitions
By Daniel Moss
JAPAN is on the cusp of two big decisions: extent to which it can expand its defense capabilities and where to find the money to pay for it. The belligerent region Japan inhabits requires more resources devoted to national security, regardless of the ambivalence voters have historically felt toward a more assertive military.Â
Saudi Arabia reveals oil output is near its ceiling
By Javier Blas
DURING US President Joseph Biden’s trip to Saudi Arabia, the world was so focused on how Crown Prince Mohammed bin Salman would respond to his plea to pump more oil immediately that it missed a bombshell: the level at which Saudi oil production will peak.
Friendship is the best way to counter China in the Pacific
By David Fickling
REGIONAL POWERS have been watching China’s growing influence in the Pacific with rising alarm, and casting around for ways to counter it. After Beijing signed a security pact with the Solomon Islands earlier this year and offered a similar deal to other Pacific Island nations, efforts stepped up a gear.
















