The manufacturing delusion


The world this week

  • Politics


Leaders

Factory fever

The world must escape the manufacturing delusion

Governments’ obsession with factories is built on myths—and will be self-defeating

Strike it lucky

Israel has taken an audacious but terrifying gamble

The world would be safer if Iran abandoned its nuclear dreams, but that outcome may prove unattainable

American disorder

When a radical performance artist has command of an army

Donald Trump’s troop deployment in LA could yet backfire

Daniel Noboa during a ceremony before his inauguration in Quito, the capital of Ecuador

Latin America’s new drugs hub

How to curb organised crime without shredding civil rights

Ecuador is a test case in the fight against global gangs

The Apple Store on Fifth Avenue, New York

Perestroika in Cupertino

In the age of AI, Apple needs to open up

Tight control over its products, once an asset, has turned into a liability

Rachel Reeves travels to Parliament to present her spending review

Shoestring statism

Rachel Reeves’s big-government rhetoric is a worrying sign for Britain

The country needs defence spending and nuclear power, but not more social housing


Letters

A selection of correspondence

America’s tax on foreign investors


By Invitation


Briefing

A helicopter and a passenger-grade autonomous aerial vehicle fly above Shenzhen, China

Delivery drones and flying cars!

China’s “low-altitude economy” is taking off

The authorities have found a new industry they want Chinese firms to dominate


Middle East & Africa


Economic & financial indicators