‘Weaponized interdependence’
Feature: Why does Europe run on American tech? Filippo Blancato on a bargain that seemed to make sense at the time.
‘Oh, the empire of course’
Feature: Why does nothing in the United Kingdom seem to work? A.G. Hopkins on the decades of self-inflicted wounds that have hollowed out the British state.
‘They’re going to need it in spades’
Feature: Is the world moving off the dollar? Nicholas Mulder on where it’s slipping—and why the U.S. financial industry has so much riding on it.
Cars before drones
Feature: Can Europe’s booming defense industry save its dying factories? Sander Tordoir on the problem with the story Germany’s manufacturers are telling themselves.
‘Shells within shells’
Feature: Has Iran ended America’s dominance in economic warfare? Nicholas Mulder on why the Americans can still squeeze their allies but not their rivals.
Players
Extra: Gulf royals have moved billions into global football. Now what?
By any other name
Feature: Why do so many people hate the idea of capitalism? Justin Callais on a shifting mood—and the enduring popular support for the reality of the free market.
Front lines
Feature: Why would football supporters cheer on dictators buying their clubs? David Goldblatt on identity, loyalty, and what all this money really pays for.
Total ownership
Feature: What do Middle Eastern states want with European football clubs? Sarath K. Ganji on autocratic governments’ ambitious move into the global game.
The state’s return
Feature: How have governments become some of the biggest investors in the global economy? Adam Dixon on a new era of state capitalism.
