Where will this end? | Oct 21st 2023 | The Economist (2024)

Table of Contents

The world this week Leaders Only America can save Israel and Gaza from greater catastrophe America’s Republicans cannot agree on a speaker. Good Poland shows that populists can be beaten Why America’s banks need more capital How to make Britain’s health service AI-ready Letters Letters to the editor By Invitation Naftali Bennett argues that Israel’s future depends on striking fear into its enemies’ hearts David Petraeus and Andrew Roberts on Ukraine and the future of warfare Amal Clooney and Rupert Skilbeck on why Britain fails to hold war criminals to account Briefing As Israel’s invasion of Gaza nears, the obstacles get more daunting Mapping the destruction in Gaza Israel’s four unpalatable options for Gaza’s long-term future Is Israel acting within the laws of war? The Arab world thinks differently about this war Hamas tunnels under Gaza will be a key battlefield for Israel Europe Poland gives pro-European liberals a big win How a 31-year-old hopes to fix Ukraine’s state-owned defence giant Alexei Navalny’s lawyers are arrested Marine Le Pen poses a greater threat than Giorgia Meloni Paris and Berlin compromise on reform of the electricity market The EU’s response to the crisis in Israel exposes its limits Britain The world’s largest health-research study is under way in Britain England’s NHS is trying once again to collate patients’ data Scottish independence has become a long game Despite Brexit and the government, British manufacturing is doing well The rise of English viticulture Britain’s national parks are not protecting nature How rationing became the fashion under the Tories Middle East & Africa How Liberia and Sierra Leone ended their cycles of violence After six months of civil war, little remains of Khartoum How to save the lives of 200,000 women a year United States American states wrestle with how to treat severe mental illness How the Republican civil war in the House could end Part of Donald Trump’s base thinks he is fighting a spiritual war Anti-abortion campaigners try to break their losing streak Americans are discovering the joy of a true pint of beer One response to school shootings in America: arm the teachers Joe Biden has shown a steady hand in the Gaza crisis The Americas Can Argentina’s next president fix the economy? Don’t count on it Bernardo Arévalo is still battling to become Guatemala’s president Joe Biden lifts sanctions on Venezuela, but not without conditions Asia How remote islands underpin Japan’s maritime power Social-media influencers are battling to educate young Indians about sex India’s Supreme Court refuses to recognise same-sex marriage Has Australasia lurched right on race? Australia’s energy transition is in trouble South Korean chipmakers get a reprieve India-Pakistan relations are becoming more marginal and worse China Chinese feminists are rebuilding their movement abroad China is educating engineers around the world A landslip in Hong Kong fuels resentment of the rich Xi Jinping wants to be loved by the global south Business Are America’s allies the holes in its export-control fence? How big is the role of luck in career success? Meet India’s mega-wealthy Canon tries to break ASML’s grip on chipmaking tools Why big oil is beefing up its trading arms Are America’s CEOs overpaid? Finance & economics Israel turns to financial weapons as well as military ones China’s economy may be growing faster, but big problems remain China’s banks may be loaded up with hidden bad loans Will Binance come over to the light side? Why it is time to retire Dr Copper How free-market economics reshaped legal systems the world over Do Amazon and Google lock out competition? Science & technology AI could help unearth a trove of lost classical texts What a Serbian cave tells you about the weather 2,500 years ago It’s not just Paris. Bedbugs are resurgent everywhere How to predict the outcome of a coin toss Culture How to cancel “cancel culture” Why films have become so ridiculously long David Beckham’s guide to celebrity Where to look to find enlightenment “Here We Are” and the question of what to do with unfinished art The Israel-Palestine conflict: a reading list Economic & financial indicators Economic data, commodities and markets The Economist explains What is Palestinian Islamic Jihad? How China’s Belt and Road Initiative is changing Obituary Ofir Libstein had extraordinary dreams for his small patch FAQs

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Oct 21st 2023

The world this week

Politics
Business
KAL’s cartoon
This week’s covers

Leaders

Where will this end? | Oct 21st 2023 | The Economist (2)

The Middle East

Only America can save Israel and Gaza from greater catastrophe

Iran, Russia and China are profiting from the mayhem

Where will this end? | Oct 21st 2023 | The Economist (3)

Speaking of goat rodeos

America’s Republicans cannot agree on a speaker. Good

How the GOP could yet, inadvertently, further the national interest

Where will this end? | Oct 21st 2023 | The Economist (4)

At last, good news

Poland shows that populists can be beaten

A victory for the rule of law in the heart of Europe

Where will this end? | Oct 21st 2023 | The Economist (5)

A brush with Basel

Why America’s banks need more capital

Though imperfect, regulators’ plans are necessary to keep the system safe

Where will this end? | Oct 21st 2023 | The Economist (6)

Polishing the crown jewels

How to make Britain’s health service AI-ready

The NHS should clean up and open up its data. Patients will benefit

Letters

On life sciences, motorists, invisible spouses, wealth management, longevity, Nobel prizes, brevity

Letters to the editor

By Invitation

The Israel-Hamas conflict

Naftali Bennett argues that Israel’s future depends on striking fear into its enemies’ hearts

How wars are fought

David Petraeus and Andrew Roberts on Ukraine and the future of warfare

Prosecuting war crimes

Amal Clooney and Rupert Skilbeck on why Britain fails to hold war criminals to account

Briefing

Where will this end? | Oct 21st 2023 | The Economist (8)

No place for a war

As Israel’s invasion of Gaza nears, the obstacles get more daunting

It must avoid a second front, protect civilians and save hostages while fighting at close quarters

Where will this end? | Oct 21st 2023 | The Economist (9)

Israel’s war on Hamas

Mapping the destruction in Gaza

At least 4.3% of the enclave’s buildings appear to have been destroyed

Where will this end? | Oct 21st 2023 | The Economist (10)

When the shooting stops

Israel’s four unpalatable options for Gaza’s long-term future

The path to Israel’s preferred outcome is littered with obstacles

Where will this end? | Oct 21st 2023 | The Economist (11)

The coming ground invasion

Is Israel acting within the laws of war?

Even lawful evacuations and attacks on Hamas will exact a heavy civilian toll in Gaza

The Arab world thinks differently about this war

But Israel’s evidence about a hospital strike still carries little weight

Where will this end? | Oct 21st 2023 | The Economist (13)

Tunnel vision

Hamas tunnels under Gaza will be a key battlefield for Israel

Underground warfare is terrifying, claustrophobic and slow

Europe

Tusk’s triumph

Poland gives pro-European liberals a big win

From corruption to production

How a 31-year-old hopes to fix Ukraine’s state-owned defence giant

Legal vacuum

Alexei Navalny’s lawyers are arrested

Europe’s populists

Marine Le Pen poses a greater threat than Giorgia Meloni

High tension

Paris and Berlin compromise on reform of the electricity market

Charlemagne

The EU’s response to the crisis in Israel exposes its limits

Britain

Sickness service to health service

The world’s largest health-research study is under way in Britain

Joining up the bots

England’s NHS is trying once again to collate patients’ data

Nevereverendum

Scottish independence has become a long game

Food for thought

Despite Brexit and the government, British manufacturing is doing well

Garden of England

The rise of English viticulture

Park life

Britain’s national parks are not protecting nature

Bagehot

How rationing became the fashion under the Tories

Middle East & Africa

From bullets to ballots

How Liberia and Sierra Leone ended their cycles of violence

Sudan’s agony

After six months of civil war, little remains of Khartoum

No miracles required

How to save the lives of 200,000 women a year

United States

From tents to hospitals

American states wrestle with how to treat severe mental illness

Hail McHenry

How the Republican civil war in the House could end

End times

Part of Donald Trump’s base thinks he is fighting a spiritual war

Roe, your own way

Anti-abortion campaigners try to break their losing streak

The empire strikes back

Americans are discovering the joy of a true pint of beer

Algebra and pistols

One response to school shootings in America: arm the teachers

Lexington

Joe Biden has shown a steady hand in the Gaza crisis

The Americas

The radical option

Can Argentina’s next president fix the economy? Don’t count on it

Democratic display

Bernardo Arévalo is still battling to become Guatemala’s president

Blowout

Joe Biden lifts sanctions on Venezuela, but not without conditions

Asia

Japanese geography

How remote islands underpin Japan’s maritime power

India and free love

Social-media influencers are battling to educate young Indians about sex

Don’t rely on the courts

India’s Supreme Court refuses to recognise same-sex marriage

No special measures

Has Australasia lurched right on race?

Lucky but sooty

Australia’s energy transition is in trouble

Chipping away

South Korean chipmakers get a reprieve

Banyan

India-Pakistan relations are becoming more marginal and worse

China

Women’s rights

Chinese feminists are rebuilding their movement abroad

Training days

China is educating engineers around the world

Property in Hong Kong

A landslip in Hong Kong fuels resentment of the rich

Chaguan

Xi Jinping wants to be loved by the global south

Business

Control shift

Are America’s allies the holes in its export-control fence?

Bartleby

How big is the role of luck in career success?

Thrivers in India

Meet India’s mega-wealthy

Lithography lessons

Canon tries to break ASML’s grip on chipmaking tools

Spread bets

Why big oil is beefing up its trading arms

Schumpeter

Are America’s CEOs overpaid?

Finance & economics

War by other means

Israel turns to financial weapons as well as military ones

Peak disappointment

China’s economy may be growing faster, but big problems remain

Nasty headache

China’s banks may be loaded up with hidden bad loans

Crypto’s future

Will Binance come over to the light side?

Buttonwood

Why it is time to retire Dr Copper

Not so civil anymore

How free-market economics reshaped legal systems the world over

Free exchange

Do Amazon and Google lock out competition?

Science & technology

Unrolled at last

AI could help unearth a trove of lost classical texts

The weather underground

What a Serbian cave tells you about the weather 2,500 years ago

Sleep tight!

It’s not just Paris. Bedbugs are resurgent everywhere

News you can use

How to predict the outcome of a coin toss

Culture

Ill liberals

How to cancel “cancel culture”

Movie marathons

Why films have become so ridiculously long

Back Story

David Beckham’s guide to celebrity

Spirituality

Where to look to find enlightenment

When the music stops

“Here We Are” and the question of what to do with unfinished art

War in the Middle East

The Israel-Palestine conflict: a reading list

Economic & financial indicators

Indicators

Economic data, commodities and markets

The Economist explains

What is Palestinian Islamic Jihad?

The Economist explains

How China’s Belt and Road Initiative is changing

Obituary

Life on the edge

Ofir Libstein had extraordinary dreams for his small patch

Where will this end? | Oct 21st 2023 | The Economist (2024)

FAQs

What is the economic outlook for 2023 economist? ›

Advanced economies are expected to see an especially pronounced growth slowdown, from 2.7 percent in 2022 to 1.3 percent in 2023. In a plausible alternative scenario with further financial sector stress, global growth declines to about 2.5 percent in 2023 with advanced economy growth falling below 1 percent.

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Data at the end of 2023, and into early 2024, show an economy that has remained resilient in the face of the Federal Reserve's restrictive monetary policy, while inflation has fallen significantly.

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Which economy will grow most in 2023? ›

Fastest Growing Economies in the World as of 2023

Qatar.
Saudi Arabia.
India.
China.
Thailand.
Japan.
Brazil.
Singapore.

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Sep 15, 2023

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2023′s Stock Market Performance, the Economy and Outlook

Investors went into 2023 worried about inflation and expecting a recession by the second half of the year. Instead, inflation has cooled and the economy remained solid despite the first-quarter regional banking crisis, which sparked fears of a credit crunch.

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U.S. International Transactions, 4th Quarter and Year 2023

The U.S. current-account deficit narrowed by $1.6 billion, or 0.8 percent, to $194.8 billion in the fourth quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised third-quarter deficit was $196.4 billion.

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Job gains continued at a very strong pace in 2023, although down from the torrid rates seen in 2021 and 2022 immediately following the pandemic recession. Monthly nonfarm payrolls grew by 232,000 per month on average in 2023, 55,000 more jobs per month than the average pace in 2018 and 2019.

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The Bureau also projects that job opportunities for economists will grow by 13% between 2020 and 2030, which exceeds the average for both social scientists and all occupations.

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