America wakes up to AI’s dangerous power
SHOULD A HANDFUL of men be entrusted with the world’s most potent new technology? Five geeks so famous that they can be identified by their first names—Dario, Demis, Elon, Mark and Sam—exercise almost godlike command over the artificial-intelligence models that will shape the future. The Trump administration has stood aside even as those models have gained jaw-dropping capabilities, convinced that unfettered competition between private firms is the best way to ensure America wins the AI race against China.

How to end the war in Iran
BE GRATEFUL FOR small mercies. The ceasefire between America and Iran may be extended. Talks that began in Islamabad last weekend may soon resume. Though the Strait of Hormuz is closed, oil markets are no more spooked than they were. And though economic damage is spreading, a deep Hormuz-induced global recession could yet be averted.

In Ausgabe 016/2026 von The Economist

Donald Trump is the war’s biggest loser
Trump’s push for an exit from Iran reveals his desire to distance himself from a costly and unpopular conflict. His retreat underscores the political and strategic failures.

Recriminations over Iran threaten a break-up of NATO
Disagreements over Iran have exposed deep rifts within NATO, raising the spectre of a gradual fragmentation of the alliance. Therefore, Europe must prepare to defend itself building credible military capabilities and stronger defense structures to reduce dependence on an increasingly unreliable transatlantic partner.

In Ausgabe 015/2026 von The Economist

How China hopes to win from the war
Never interrupt your enemy when he is making a mistake

Lessons for the world from tiny Hungary
A regime loved by MAGA may soon lose power. That matters

Advantage Iran
EVEN BY HIS chaotic standards, Donald Trump has just presided over an unusually wild week in his misguided war on Iran. The president had threatened imminent, punitive bombing of Iran’s civilian energy infrastructure.

Europe should think twice before weakening its merger rules
An air of gloom hangs over European companies. On the global stage, many are dwarfed by America’s tech titans and China’s industrial giants. The European Union is home to only three of the world’s top 50 tech firms, by market capitalisation; its largest bank ranks 16th globally.

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