Why Some Nations Prosper While Others Lag Behind: The Economics of Growth

Why Some Nations Prosper While Others Lag Behind: The Economics of Growth Summary This article explains why long-run prosperity varies so widely between countries by summarising the work honoured by the 2025 Sveriges Riksbank Prize in Economic Sciences: Philippe Aghion, Peter Howitt and Joel Mokyr. It contrasts older, exogenous views of growth with endogenous growth […]

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America’s Debt Time Bomb: J.P. Morgan Warns the U.S. Is ‘Going Broke Slowly’

America’s Debt Time Bomb: J.P. Morgan Warns the U.S. Is ‘Going Broke Slowly’ Summary J.P. Morgan Asset Management chief global strategist David Kelly warns the United States is “going broke slowly”: national debt has topped $37.8 trillion, federal interest payments exceed $1.2 trillion, and publicly held debt equals roughly 99.9% of GDP. Kelly argues the […]

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Emil Mirzaliyev: Growth Doesn’t Come from Revenue. It Comes from How You Collect, Spend, and Control It

Emil Mirzaliyev: Growth Doesn’t Come from Revenue. It Comes from How You Collect, Spend, and Control It Summary Financial leader Emil Mirzaliyev argues that real, sustainable growth is driven not by top-line revenue alone but by disciplined cash collection, smarter spending and tighter control of working capital. Backed by two decades of international experience, Emil […]

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Netherlands ousts chip-maker CEO under US pressure | Chinese drone-maker DJI fights Pentagon ban | Australian PM’s phone leaked online

Netherlands ousts chip-maker CEO under US pressure | Chinese drone-maker DJI fights Pentagon ban | Australian PM’s phone leaked online Summary The Dutch government seized control of chipmaker Nexperia after US officials warned that the company would remain on US export-control lists unless its Chinese chief executive was removed. The move highlights the growing use […]

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‘Sovereign AI’ Has Become a New Front in the US-China Tech War

‘Sovereign AI’ Has Become a New Front in the US-China Tech War Summary OpenAI is pursuing “sovereign AI” partnerships with governments — notably the UAE — promising countries greater control over AI deployment while largely keeping its models proprietary. The initiative is pitched as a way to prevent allies becoming dependent on adversary technology. Critics […]

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