A melody starts to take shape; George joins in on his guitar; Ringo claps out a beat. “Get Back” provides both the standout moment and the title of a glorious new documentary by Peter Jackson, charting the days that the band spent together in January 1969, writing and recording songs for a new album. The […]
EVER SINCE the start of the trade war between America and China, investors, politicians and businesses have been trying to gauge how far and how fast the world’s two biggest economies will decouple from each other. It is likely that all the $2.1trn of other mainland Chinese firms’ shares traded in the Big Apple will […]
Before the ball was struck, Mr Ramsdale was on his toes, his weight distributed evenly, ready to jump in either direction. A market in which bets are slanted in one direction is vulnerable to a big swing in prices the opposite way. You conclude that the Federal Reserve will have to raise interest rates sooner […]
Anglo American, a mining giant and its majority owner, has, along with another investor, spent over $5bn getting it up and running. In the past when commodity prices were surging, as they have been of late , the world’s miners would be piling into projects like Quellaveco. The big five miners consolidated their market power […]
Among other things, regulators worry about the environmental damage caused by the mechanism bitcoin uses to verify transactions and put new coins into circulation, known as “proof of work” . To earn the right to add their block to the blockchain—the database that records transactions—miners compete to be the first to solve a complex numerical […]
But so to an extent are all asset prices.” Although we agree with much of this, the argument assumes that gold is solely a financial instrument. It also responds to its uses in jewellery, technology and in myriad other real-world applications. The suggestion that the price of bitcoin is the latest measure of investor risk […]
A SELECTION of three essential articles read aloud from the latest issue of The Economist. …Read the full story
El Salvador has become the first country to adopt bitcoin as legal tender, while other countries, such as China, are closing the door on it. …Read the full story
The Georgian structure, bookended by stone lodges with Doric porticos, was praised for its handsome Greek Revival style by Nikolaus Pevsner, an architectural sage. Britain has the oldest housing stock in Europe, with one in five homes more than 100 years old. A local Extinction Rebellion chapter leads marches up the city’s cobbled streets; a […]
Far from being transitory, these bottlenecks risk becoming a recurring feature of the world economy for years to come because the shift to a cleaner energy system is still only in its infancy. Recently politicians have shown signs of more commitment: countries accounting for over 70% of world GDP and greenhouse gases now have targets […]
Power that is cheap and—crucially—green, along with bargain land and proximity to iron ore, is sparking an improbable industrial revolution, based on hydrogen, “green” steel and batteries. SSAB, a steelmaker, is poised to deliver its first consignment of “eco-steel” from a hydrogen-fuelled pilot plant in Lulea, a northern city. To make steel, iron ore must […]
Families and couples were walking in and out of a restaurant in Jerusalem on a beautiful spring evening. My friend and I exchanged worried glances—wondering if we knew where to find them—for it isn’t a common request. Most places don’t ask for it, and those that do still welcome customers without one, provided they sit […]
