General News

Is conservatism in crisis?

In this week’s podcast George Will, a Pulitzer prize-winning journalist and Adrian Wooldridge debate the future of conservatismPULITZER PRIZE-WINNING journalist and author, George Will, and Adrian Wooldridge, The Economist’s political editor, debate whether the conservatism movement is reorienting into one that chooses populism over prudence and they dissect the challenges that conservatism faces around the…

What is Libra?

ANYONE WHO has watched the price of bitcoin bucking and rearing in recent years—or seen Facebook attacked for its handling of private data—might have been surprised to learn that the social-media giant is releasing its own digital currency. But such is Libra. Facebook will launch its currency some time in the first half of next…

Became once Jeffrey Epstein’s plea deal fishy?

Editor’s note: Alexander Acosta announced his resignation on July 12th 2019.THE INDICTMENT of Jeffrey Epstein on charges of sex-trafficking described a pyramid scheme for the sexual abuse of minors. Mr Epstein would pay hundreds of dollars apiece for sexual encounters with adolescent girls at his mansion in Manhattan’s Upper East Side and then pay them…

France’s digital tax riles the White Rental

IT CAN be horribly difficult to tax tech giants’ profits. They stash their intangible capital, such as intellectual property, in tax havens, booking only low profits elsewhere. There were screaming headlines in 2018 when it was uncovered that Amazon’s British subsidiary paid £1.7m ($2.2m) in corporate tax despite revenues of $11.4bn. Rich countries have haggled…

Mexico’s finance minister falls out with its populist president

IN MEXICO’S LEFTIST populist government, Carlos Urzúa, the social-democratic finance minister, was a reassuring figure. The president, Andrés Manuel López Obrador, has unorthodox ideas about how to develop Mexico. Mr Urzúa (pictured, right) would help make sure, investors hoped, that he pursued them without wrecking the economy. But on July 9th, after seven months in…