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Asia

India strikes Pakistan to avenge a terrorist attack

Can the two bitter enemies control a new cycle of escalation?

People enjoying  a rollercoaster ride

Finance & economics

Buy the dip: the trend that keeps stocks from crashing

Retail investors now play a useful role at times of panic


United States

Pete Hegseth is purging both weapons and generals

The US Army is keen on getting rid of obsolete kit. But there are risks





The world in brief

India said it struck nine sites in Pakistan and Pakistan-controlled Kashmir...

During a visit to the White House Mark Carney, Canada’s newly-elected prime minister, rebuffed Donald Trump’s desire to turn the country into America’s 51st state, telling him that Canada is “not for sale”...

Friedrich Merz won enough support in the Bundestag to become Germany’s chancellor in a second round of voting...

Mr Trump said that America would stop bombing Houthis in Yemen, after the Iran-backed rebels agreed to stop targeting ships in the Red Sea...


The newly elected Federal Chancellor Friedrich Merz being sworn in

Friedrich Merz becomes Germany’s chancellor—after a painful defeat

He needed an embarrassing second round of parliamentary voting to clinch it

Kemi Badeoch doing a selfie on top of the Parliament.

Bagehot: Kemi Badenoch is simply too interesting for Downing Street

The Tory leader is fascinating but irrelevant

Which countries have the best, and worst, living standards?

A ranking of 193 countries shows that human development is stalling almost everywhere

Sam Altman, CEO of OpenAI, speaks during a news conference with the OpenAI logo on a screen behind him.

OpenAI’s flip-flop will not get Elon Musk off its back

Sam Altman is in a bind over his company’s non-profit status


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  • The Intelligence

    Germany reels as Friedrich Merz fails to win chancellery


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On the cover

A superpower crunch over Taiwan is coming

China has a new chance to call America’s bluff

A Taiwan Coast Guard vessel chases a Chinese Coast Guard ship off the coast of Hualien, Taiwan

Chinese military exercises foreshadow a blockade of Taiwan

The Trump administration’s fickleness is adding to the island’s anxieties


A person carrying the Taiwanese flag near Pratas Island, Taiwan

Can China sap a divided and isolated Taiwan of its will to resist?

Taiwanese are growing more doubtful that they can fend off their hostile neighbour


Any Chinese curbs on Taiwan’s trade would carry big economic costs

But China could calibrate a trade “quarantine” to limit unintended consequences



World news

A man stands on an elevated floor in a heavily-damaged building without walls in Rafah

VE Day

Adolf Hitler’s ignominious death proves the self-defeating, destructive nature of dictatorship, writes Richard Evans

The historian says attempts to restrain tyrants are often futile: for them it’s all or nothing


The liberation of Dachau was not a moment of celebration, says Dan Stone

The historian on commemorating the shock and horror of concentration camps, 80 years on




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