Leaders

Your money or your life

Houthi Inc: the pirates who weaponised globalisation

Their Red Sea protection racket is a disturbing glimpse into an anarchic world

Moving the needle

How to improve clinical trials

Involving more participants can lead to new medical insights

American foreign policy

Donald Trump will upend 80 years of American foreign policy

A superpower’s approach to the world is about to be turned on its head

Outrun the vigilantes

Rising bond yields should spur governments to go for growth

The bond sell-off may partly reflect America’s productivity boom

City of ashes

Much of the damage from the LA fires could have been averted

The lesson of the tragedy is that better incentives will keep people safe

Thinking about the demon drink

Health warnings about alcohol give only half the story

Enjoyment matters as well as risk

Women and the armed forces

Pete Hegseth’s culture war will weaken America’s armed forces

Donald Trump’s nominee for defence risks driving away talent

Free markets

The capitalist revolution Africa needs

The world’s poorest continent should embrace its least fashionable idea

From nickel to pickle

Just because Indonesia has nickel doesn’t mean it should make EVs

Economic nationalists are making a reckless bet

Immigration

Donald the Deporter

Could a man who makes ugly promises of mass expulsion actually fix America’s immigration system?

Meta’s makeover

Mark Zuckerberg’s U-turn on fact-checking is craven—but correct

Social-media platforms should not be in the business of defining truth

Herbert Kickl and the hard right

The Putinisation of central Europe

Austria could soon get its most extreme chancellor since the 1940s