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The rich world faces a painful bout of inflation

Governments are living far beyond their means. Sadly, inflation is the most likely escape

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The school for wildlife traffickers

Chinese criminals are recruiting Malawian orphans into the ivory trade

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The US in brief: John Thune’s defence-funding gambit

Our daily political update, featuring the stories that matter

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Rome run: Meloni’s surprising stamina

Also on the daily podcast: Late trains in Germany and the World Conker Championships

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Indian microfinance is in trouble

A model that has lifted millions out of poverty is threatened by rising defaults

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The new economics of babymaking

A postcard from one of America’s youngest towns

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Visual learning: how video models are improving artificial intelligence

A handpicked article read aloud from the latest issue of The Economist

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Venezuelans wonder if America will bring down Nicolás Maduro

By speaking openly about authorising a “covert” CIA operation against the regime, Donald Trump is fanning the flames

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A billionaire has rebuilt downtown Detroit

But might Dan Gilbert’s project finally run out of steam?

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America’s bankers are riding high. Why are they so worried?

Their latest earnings do not represent unalloyed good news

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The America v China spat reveals a dangerous dynamic

A balance of economic terror is no basis for stability

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Donald Trump and Xi Jinping: both weaker than they think

As America and China clash over trade, cracks emerge in each side’s position