Our modelling reveals how Ukraine’s attacks on ports and refineries are depriving Russia of billions of dollars in revenue. Can it keep up the tempo?

The Economist

Hard men such as Donald Trump, Vladimir Putin and Xi Jinping may not own the future. Perhaps rules-based politics will help keep citizens from panicking

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“Some even work like Botox to relax facial muscles.” Which skincare products actually reverse ageing? @AinslieJstone explains the science of wrinkles on “The Intelligence”

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The world’s worries have caught up with Professor Max Tegmark’s—even if the regulation hasn’t. Is it already too late to do AI right? We ask the chairman of Future of Life Institute, on Inside Tech

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Ahead of the IPO of SpaceX, high finance looks desperate trying to woo Elon Musk. Few people are abasing themselves more than America’s investment bankers Illustration: Satoshi Kambayashi

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Our podcast on science and technology. This week, why swallowing devices could soon support your health

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“The World Cup has expanded continuously since its inauguration in 1930,” write the hosts of the @soccernomicspod. But “nothing grows for ever, and when growth stops, decline usually follows—and can be rapid,” they argue in a guest essay

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“The ick”, a term popularised by Gen-Z daters, refers to the loss of romantic interest after a trifling but embarrassing behaviour by a crush. Admirers of American high finance may be feeling it

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Gautam Adani recently overtook his arch-rival to become India’s richest man. Yet register for free to learn why some of the forces propelling the industrialist could reverse

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Amid riots in Belfast, Restore promises to put “murderous third-world savages to death”

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The novel arguments Kevin Warsh has advanced for lower interest rates are looking shakier than ever

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Following almost 150 years of construction, in February builders finished installing a 17-metre-high ceramic cross atop the central tower of the Sagrada Familia. Finishing a remaining façade may take another ten years

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“The essence of undersea operations is stealth.” On “The Intelligence”, @AntonLaGuardia goes aboard a US nuclear submarine to discover how China is now vying for dominance of the Pacific

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The inconsistency of the rules on whether priests can withhold information disclosed during confession has ignited a battle between child-safety advocates and religious-liberty lawyers

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Today no AI model can build its own successor. But big AI models can build smaller models on their own. With human help they can build other big AI models, too. Register for free to read how

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Peru often marches to a different beat than the rest of South America. This year, the country might at last fall into sync with the rest of the region

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Resisting Gen-Z socialism is an urgent task. The first step is for free-market liberals to stop apologising

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With some once-reliable buyers of Treasuries no longer behaving so reliably, the task of searching for alternative customers is an increasingly vital one. Register for free to read our special report

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Hard men such as Donald Trump, Vladimir Putin and Xi Jinping may not own the future. Perhaps rules-based politics will help keep citizens from panicking Illustration: Chloe Cushman

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“What they hate is disorder at the border.” Britain has crushed immigration, and harmed itself. Why has no one noticed, asks @JoelBudd1 on “The Intelligence”?

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“Of course, 9/11 wasn’t the sole cause of America’s democratic decline,” argues Rosa Brooks in a guest essay, “but it helped create the legal, political and psychological conditions in which that decline accelerated”

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Even those who support flat (rather than strongly progressive) taxation should support new levies on wealth to level the playing field, @gabriel_zucman argues in a new book

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If your wrinkles worry you, there are some ingredients that may help. Register for free to learn what they are

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In the 1980s Ronald Reagan promised renewal with a slogan: “Let’s make America great again.” His agenda still defines conservatism to this day. Read the latest chapter of America at 250

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Software once ate the world. Now it is in danger of eating itself

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The genius of the slogan “Just Do It” was that it fitted into the inspirational vocabulary of both liberals and conservatives in the 1980s. Nike held this middle ground for many years. 1843 investigates why it's not working any more

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♦️ Graham Platner becomes Maine’s Democratic nominee for the Senate, despite a series of scandals. ♦️ The House passes a $70bn immigration-enforcement package. ♦️ Bill Gates will testify in Congress over ties to Jeffrey Epstein. Follow the latest news

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The little six-wheelers might soon change how cities look. But could robocouriers also make people feel a little more kindly about AI? Probably not

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Foreign central banks now hold just 13% of Treasuries, the lowest share in 30 years. What explains their hesitancy to invest in American debt? Our special report explains Illustration: Miguel Porlan

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Also on the daily podcast: aboard a US nuclear sub and how to tackle wrinkles

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BYD was built on batteries, and the firm still hopes this tech will set it apart. But the market for autonomous driving is showing signs of the risks for such a strategy

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A year after taking office, Lee Jae Myung’s approval ratings are among the highest for a South Korean president at this stage in his term. Yet challenges loom. Register for free to read the full interview

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Football is the beautiful game. But it’s often also the boring game. We propose the following changes, to ensure the World Cup is thrilling

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Is China punishing Panama for siding with America? China detained record numbers of Panama-flagged ships in March, April and May. @sarah_birke examines the relationship between the two countries. Read why America’s pressure campaign on the Central American country seemed to be

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The laws of football “are largely untouched from 30 years ago...though they are enforced more strictly”. But in a guest essay the founder of a sports analytics firm argues this should change

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An update to Apple’s virtual assistant will use AI models made by Google, rather than ones built by the company itself. Will that strategy pay off?

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Ahead of the IPO of SpaceX, high finance looks desperate trying to woo Elon Musk. Few people are abasing themselves more than America’s investment bankers

The Economist

The basilica of the Sagrada Familia dominates Barcelona’s skyline. For some, it is a work of genius, a modern reincarnation of the great medieval cathedrals of Europe. For others it is a gigantic folly

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The solutions are naive, and often unworkable. But the message is so simple, and so attractive, that Gen-Z socialism is gaining adherents across the democratic world

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Many of the supposed benefits of nationalisation, from stopping excess profits to unlocking new investment, are less promising than its supporters suggest

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“Russia’s missile production has two Achilles heels,” explains Anders Fogh Rasmussen. “Both supply chains can be disrupted with the legal and diplomatic tools Europe already possesses”