What next? A special report on the world economy

The world this week

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Leaders

After the chaos

A new macroeconomic era is emerging. What will it look like?

A great rebalancing between governments and central banks is under way

Former Brazil's President and current presidential candidate Luiz Inacio Lula da Silva speaks during a meeting with campaign associates for the second round of elections, in Sao Paulo, Brazil, October 3, 2022. REUTERS/Carla Carniel

On a knife-edge

To win Brazil’s presidency, Lula should move to the centre

Another term for the populist Jair Bolsonaro would be bad for Brazil—and the world

BIRMINGHAM, ENGLAND - OCTOBER 05: Prime Minister Liz Truss delivers her keynote speech on the final day of the Conservative Party Conference on October 5, 2022 in Birmingham, England. This year the Conservative Party Conference will be looking at "Getting Britain Moving" with more jobs and higher salaries. (Photo by Leon Neal/Getty Images)

Truss deficit

Britain’s Conservatives do not understand how much things have changed

The markets are a little calmer. The mess remains

Consultants under fire

Do McKinsey and other consultants do anything useful?

Though hated, they often provide a valuable service to the economy

FILE -- Elon Musk, founder of SpaceX, speaks to reporters with the company's Falcon Heavy rocket standing by at Launch Pad 39A at NASA's Kennedy Space Center in Cape Canaveral, Fla., Feb. 5, 2018. Employees at SpaceX have written an open letter in June 2022 denouncing the behavior of Musk, the company's chief executive, following recently publicized allegations of sexual misconduct against him. (Todd Anderson/The New York Times)Credit: New York Times / Redux / eyevineFor further information please contact eyevinetel: +44 (0) 20 8709 8709e-mail: info@eyevine.comwww.eyevine.com

Iron Man with a dodgy peace plan

How worried should you be about Elon Musk’s superpowers?

With great technological power comes great political responsibility

Letters

On the police in America, qualified-majority voting, Agatha Christie, Italy, Myanmar, Janus words

Letters to the editor

By Invitation

Briefing

TOPSHOT - Russian President Vladimir Putin is seen on a screen set at Red Square as he addresses a rally and a concert marking the annexation of four regions of Ukraine Russian troops occupy - Lugansk, Donetsk, Kherson and Zaporizhzhia, in central Moscow on September 30, 2022. (Photo by Alexander NEMENOV / AFP) (Photo by ALEXANDER NEMENOV/AFP via Getty Images)

Putin at bay

Ukraine’s military success is reshaping Russia as well as the war

Support for Vladimir Putin’s regime is narrowing fast

This photograph taken on September 25, 2022, shows an antenna of the Starlink satellite-based broadband system donated by the US tech billionaire Elon Musk in Izyum, Kharkiv region, amid the Russian invasion of Ukraine. (Photo by Yasuyoshi CHIBA / AFP) (Photo by YASUYOSHI CHIBA/AFP via Getty Images)

Tweet and sour

Elon Musk’s foray into geopolitics has Ukraine worried

His Starlink internet service has been crucial to the war effort

International

Economic & financial indicators

The Economist explains

Russian President Vladimir Putin speaks as Leonid Pasechnik, leader of self-proclaimed Luhansk People's Republic, left, and Denis Pushilin, leader of self-proclaimed of the Donetsk People's Republic, right, stand near him during celebrations marking the incorporation of regions of Ukraine to join Russia in Red Square with the Spasskaya Tower on the right, in Moscow, Russia, Friday, Sept. 30, 2022. The signing of the treaties making the four regions part of Russia follows the completion of the Kremlin-orchestrated "referendums." (Sergei Karpukhin, Sputnik, Kremlin Pool Photo via AP)

The Economist explains

What is annexation?