Sub plot: the AUKUS alliance

Sub plot: the AUKUS alliance

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Slip the surly bonds? Scott Bessent goes on a yield trip

Amid record-tickling yields, the bond markets are now trying to make sense of what Scott Bessent, America’s Treasury secretary, has announced—a move that might put him on a collision course with the Federal Reserve. We ask why it is so easy for hackers to infiltrate America’s wat ...  Show more

Even-more-maximum pressure: sanctions on Iran

After much hullabaloo America announced its “Operation Economic Outcast”, a new tranche of sanctions. It is thin gruel, and might in fact invite military reprisals from Iran. Call centres form a large part of the economy of the Philippines; surprisingly, AI is not stopping the in ...  Show more

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