Big, green and mean


The world this week

  • Politics


Leaders

Economic reform

Joe Biden’s effort to remake the economy is ambitious, risky—and selfish

But America’s plan to spend $2trn could help save the planet

Gautam Adani is the chairman and founder of Adani Group, a multi-national port operations and development company based in Ahmedabad, India. Adani is photographed here in the Four Seasons Hotel in Boston, Massachusetts, USA, on Wed., October 26, 2022. According to business magazine lists, billionaire Adani is the richest person in India and is among the wealthiest people in the world. Credit: M. Scott Brauer / Redux / eyevineFor further information please contact eyevinetel: +44 (0) 20 8709 8709e-mail: info@eyevine.comwww.eyevine.com

Adani v Hindenburg

Nagging questions over the Adani empire won’t go away

A short-seller’s report raises uncomfortable questions for India’s policymakers, too

Out of control

The Bank of Japan should stop defending its cap on bond yields

“Yield-curve control” has left the central bank facing huge losses

FILE PHOTO: Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo

Dodged penalties

Why the West’s oil sanctions on Russia are proving to be underwhelming

Another embargo comes into force on February 5th. Manage your expectations

TOPSHOT - Policemen grab a woman during a demonstration against the government of Peruvian President Dina Boluarte in Lima on January 31, 2023. - Protesters who have brought parts of Peru to a standstill for weeks closed in on Lima's international airport Tuesday as lawmakers mulled bringing elections forward in a bid to end the deadly mobilization. The South American country has been embroiled in a political crisis with near-daily demonstrations since December 7, when then-president Pedro Castillo was arrested after attempting to dissolve Congress and rule by decree. (Photo by ERNESTO BENAVIDES / AFP) (Photo by ERNESTO BENAVIDES/AFP via Getty Images)

Latin American democracy

Peru needs an early election and outside support, not interference

A self-serving Congress and some neighbouring countries are fanning the flames


Letters

On the North Sea, police reform, economics research, doctors, America’s civil war, classified documents

Letters to the editor


Briefing

Rosy for riveters

America’s government is spending lavishly to revive manufacturing

Can an industrial renaissance make America stronger, greener and richer?


Britain


Economic & financial indicators


The Economist explains