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boundary="dY9Nn81qNWWJ=_?:" This is a multi-part message in MIME format. --dY9Nn81qNWWJ=_?: Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: 8bit The Economist https://click.e.economist.com/?qs=d94fc38714a55565edefcbd6044d5969e3bc58d75e7412678aeb17dfb3a42a36fd5d81adf438a953d367762f1b6bda18ed911216bc9e1b787769d98a1d4d7857 https://view.e.economist.com/?qs=875416228825606a246a9cd53ea3452336e50e07b35e8145d09cfbafb8a41b9a3ba5a01217f87fb86d2513365426cd038fb7ea846313dada9837738bccc253c5a196334ce15e69d8334e2fd2feb74bb9 Read in browser January 24th 2025 The Economist this week Highlights from the latest issue https://click.e.economist.com/?qs=d94fc38714a555658f049a641cfa3eba698794726004b00148b9d812127be7d471c39a166ce43e581a19c2d7579cd7d3378a3c6b951f263817b7ddb3667d7eeb https://click.e.economist.com/?qs=d94fc38714a555651e912aaa05a50d7354e1e59ec8115fc73759d9de383db5c9dd34fc19b1e641487539e611b1e87d6ebc19b388ede8ee12386400e1be02d6bf https://click.e.economist.com/?qs=d94fc38714a55565702c1d933330d30985cf7f9e8f040063e1cbcd228e2f2468ba3f477740959ce05373968f46095fc618e102d7beafbc8a https://click.e.economist.com/?qs=d94fc38714a55565aa67631e05dd921dd052c2d93cd1af4ad4c33bc5792559e632e2f7f5a55a0b8a672a6546eb7266cebd50e26f5c75e8e2 Zanny Minton Beddoes Editor-in-chief You’d be forgiven for suffering whiplash. Donald Trump, inaugurated as America’s president on Monday, has signed dozens of executive orders, handed out almost 1,600 pardons and fired off plenty of threats in his first hours back in the White House. If you need some help staying on top of things, The Economist is following Mr Trump’s first 100 days in office. Keep tabs on his executive orders, cabinet picks and popularity via our https://click.e.economist.com/?qs=d94fc38714a55565ba76b8a0e4f44985ff1a39d196c854404885721909ba1321b04ac9ab3ea9a951c862db4ab665dfb92fea706e2d9b24cf Trump tracker . Mr Trump has made clear his desire for America to be “a growing nation” that “increases our wealth” and “expands our territory”. We have labelled these imperial ambitions “Project 1897”—a nod to William McKinley, the president who added Hawaii, Guam, the Philippines and Puerto Rico to America’s territory. To illustrate the point, our designers have put Mr Trump in a top hat and wing collar in the image on https://click.e.economist.com/?qs=d94fc38714a55565702c1d933330d30985cf7f9e8f040063e1cbcd228e2f2468ba3f477740959ce05373968f46095fc618e102d7beafbc8a this week’s cover in most of the world. In Asia, meanwhile, our cover considers a dilemma facing America: https://click.e.economist.com/?qs=d94fc38714a55565aa67631e05dd921dd052c2d93cd1af4ad4c33bc5792559e632e2f7f5a55a0b8a672a6546eb7266cebd50e26f5c75e8e2 the success of Chinese AI models . If Mr Trump’s ambitions are to be met, he will need to maintain America’s technological lead in the field of generative artificial intelligence. The rapid improvement of the Chinese models, combined with industry-wide changes, could turn the economics of AI on its head. America must prepare for a world in which Chinese AI is breathing down its neck. Finally, I was at the World Economic Forum in Davos this week, where I interviewed Britain’s chancellor, Rachel Reeves. Her mission in the Swiss alpine town was to convince Wall Street bosses, asset managers and pension funds that Britain really is open for business, and that she is single-mindedly focused on growth. I asked her https://click.e.economist.com/?qs=d94fc38714a55565866266b9ee6824fc9dba116a2920d9ac1261c8bb488dda1df4787ab40a413a5b60470952fc333a066022ea2d5762556c how she planned to make her case . Go beyond the headlines Subscribe for unlimited access to The Economist https://click.e.economist.com/?qs=d94fc38714a55565683e492e090bbb723ce0c39d8b56621c956d20009e70b29cb371d531d987d2a5010bf49bf24de0730c7f71df6ec13522718561c6d6ae9e38 Subscribe Editor’s picks Must-reads this week https://click.e.economist.com/?qs=d94fc38714a55565702c1d933330d30985cf7f9e8f040063e1cbcd228e2f2468ba3f477740959ce05373968f46095fc618e102d7beafbc8a https://click.e.economist.com/?qs=d94fc38714a5556538201242f4d18121dd75178c2cd44d9230761b28e1aa5287ddac30c247a44995033af79c3424d7068c171c05655089ad https://click.e.economist.com/?qs=d94fc38714a55565702c1d933330d30985cf7f9e8f040063e1cbcd228e2f2468ba3f477740959ce05373968f46095fc618e102d7beafbc8a Project 1897 https://click.e.economist.com/?qs=d94fc38714a55565702c1d933330d30985cf7f9e8f040063e1cbcd228e2f2468ba3f477740959ce05373968f46095fc618e102d7beafbc8a America has an imperial presidency https://click.e.economist.com/?qs=d94fc38714a55565702c1d933330d30985cf7f9e8f040063e1cbcd228e2f2468ba3f477740959ce05373968f46095fc618e102d7beafbc8a And in Donald Trump, an imperialist president for the first time in over a century Related → https://click.e.economist.com/?qs=d94fc38714a55565d6f5f847026ce2c6bd38cc27e88178147500c322af6235654a16707d8bf8a65b15552e607fe2d484f6ebc47c2ca5087b America really could enter a golden age → https://click.e.economist.com/?qs=d94fc38714a55565e9e6827336cdd23e7c9a92374fc640d8194fceb3b838d9deb97fc3516d759d74a1f8b92dace4ad58bb58d699f360c445 Donald Trump has rewritten the history of January 6th → https://click.e.economist.com/?qs=d94fc38714a55565ea36b8e6439e9d0e3837ba85e218609d4482381cdd5154f1b0f33053ba26c24e26ff7a6d2bed76a0ef1392eb13042878 The early days of the Trump administration, as viewed from China → https://click.e.economist.com/?qs=d94fc38714a55565130e9b0298968b5aba55a8ac747c5190af5366f19bd1626cfbb125b440c0327f33753bc6ee80592e89c927feefd731c2 To end birthright citizenship, Donald Trump misreads the constitution https://click.e.economist.com/?qs=d94fc38714a55565aa67631e05dd921dd052c2d93cd1af4ad4c33bc5792559e632e2f7f5a55a0b8a672a6546eb7266cebd50e26f5c75e8e2 https://click.e.economist.com/?qs=d94fc38714a5556538201242f4d18121dd75178c2cd44d9230761b28e1aa5287ddac30c247a44995033af79c3424d7068c171c05655089ad https://click.e.economist.com/?qs=d94fc38714a55565aa67631e05dd921dd052c2d93cd1af4ad4c33bc5792559e632e2f7f5a55a0b8a672a6546eb7266cebd50e26f5c75e8e2 The dragon in the mirror https://click.e.economist.com/?qs=d94fc38714a55565aa67631e05dd921dd052c2d93cd1af4ad4c33bc5792559e632e2f7f5a55a0b8a672a6546eb7266cebd50e26f5c75e8e2 Chinese AI is catching up, posing a dilemma for Donald Trump https://click.e.economist.com/?qs=d94fc38714a55565aa67631e05dd921dd052c2d93cd1af4ad4c33bc5792559e632e2f7f5a55a0b8a672a6546eb7266cebd50e26f5c75e8e2 The success of cheap Chinese models threatens America’s technological lead https://click.e.economist.com/?qs=d94fc38714a55565d0d049eee56d9c246e071fba7b5026b3e0d93f49a5196df48ebcab810ec271d9ec74da2f7e733679fcb774c59e3d40a53c87166713c2af6c https://click.e.economist.com/?qs=d94fc38714a55565d0d049eee56d9c246e071fba7b5026b3e0d93f49a5196df48ebcab810ec271d9ec74da2f7e733679fcb774c59e3d40a53c87166713c2af6c A mountain to climb https://click.e.economist.com/?qs=d94fc38714a55565d0d049eee56d9c246e071fba7b5026b3e0d93f49a5196df48ebcab810ec271d9ec74da2f7e733679fcb774c59e3d40a53c87166713c2af6c The Rachel Reeves theory of growth https://click.e.economist.com/?qs=d94fc38714a55565d0d049eee56d9c246e071fba7b5026b3e0d93f49a5196df48ebcab810ec271d9ec74da2f7e733679fcb774c59e3d40a53c87166713c2af6c The chancellor says it’s her number-one priority. We ask her what that means for Britain https://click.e.economist.com/?qs=d94fc38714a555653a9859f347da03933115b5de7dc4d19213eadd63d23d9ae4d6b1822a76d35d6845b6da18519d46ca10799e52e956ee20673114024cae78d5 https://click.e.economist.com/?qs=d94fc38714a555653a9859f347da03933115b5de7dc4d19213eadd63d23d9ae4d6b1822a76d35d6845b6da18519d46ca10799e52e956ee20673114024cae78d5 A terrifying knock-on effect https://click.e.economist.com/?qs=d94fc38714a555653a9859f347da03933115b5de7dc4d19213eadd63d23d9ae4d6b1822a76d35d6845b6da18519d46ca10799e52e956ee20673114024cae78d5 The Gaza ceasefire is stoking violence in the West Bank https://click.e.economist.com/?qs=d94fc38714a555653a9859f347da03933115b5de7dc4d19213eadd63d23d9ae4d6b1822a76d35d6845b6da18519d46ca10799e52e956ee20673114024cae78d5 Hamas and the Israeli far right both want to destabilise the West Bank https://click.e.economist.com/?qs=d94fc38714a55565435e2b2287c4e60046e8597d8e6991489780d61a8a072094e41f7f8ee489d1d2fc40be6a69af0aac827087aea945e13a4ab26ee2f15064ed https://click.e.economist.com/?qs=d94fc38714a55565435e2b2287c4e60046e8597d8e6991489780d61a8a072094e41f7f8ee489d1d2fc40be6a69af0aac827087aea945e13a4ab26ee2f15064ed Bartleby https://click.e.economist.com/?qs=d94fc38714a55565435e2b2287c4e60046e8597d8e6991489780d61a8a072094e41f7f8ee489d1d2fc40be6a69af0aac827087aea945e13a4ab26ee2f15064ed Knowing what your colleagues earn https://click.e.economist.com/?qs=d94fc38714a55565435e2b2287c4e60046e8597d8e6991489780d61a8a072094e41f7f8ee489d1d2fc40be6a69af0aac827087aea945e13a4ab26ee2f15064ed The pros and cons of greater pay transparency https://click.e.economist.com/?qs=d94fc38714a555651167c84d399a874cd275c3f3b84cf67b388e9041edeae4871f177221cff68fc974557a562e0008cc3a16ae0f78d9ffbd2d2effb1b839baaa https://click.e.economist.com/?qs=d94fc38714a555651167c84d399a874cd275c3f3b84cf67b388e9041edeae4871f177221cff68fc974557a562e0008cc3a16ae0f78d9ffbd2d2effb1b839baaa Well informed https://click.e.economist.com/?qs=d94fc38714a555651167c84d399a874cd275c3f3b84cf67b388e9041edeae4871f177221cff68fc974557a562e0008cc3a16ae0f78d9ffbd2d2effb1b839baaa Can you breathe stress away? https://click.e.economist.com/?qs=d94fc38714a555651167c84d399a874cd275c3f3b84cf67b388e9041edeae4871f177221cff68fc974557a562e0008cc3a16ae0f78d9ffbd2d2effb1b839baaa It won’t hurt to try. But scientists are only beginning to understand the links between the breath and the mind https://click.e.economist.com/?qs=d94fc38714a5556529d989ddd488fb4931ecb2fdd51b0bade02570ff5457c1740dfbe91f7a70f7b6816fe4e2b9c93ec7921ee8f3f6477a1b609d0df2b29c7670 https://click.e.economist.com/?qs=d94fc38714a555656f3036df2eac60847ac81d6b113ba8b11e0da69470fa814d35d946cdca9345bb7de5701a30c4dfd957638f4e88fb5a97e07d4498edd6ddf3 Podcast https://click.e.economist.com/?qs=d94fc38714a55565c95a7efd16416a6cf36e4541a02727f784f13e28008766310e5fec91d9fa41a1f6e54a6d25d1439054fd9617f83023191c0cfe1334332fdf https://click.e.economist.com/?qs=d94fc38714a55565c95a7efd16416a6cf36e4541a02727f784f13e28008766310e5fec91d9fa41a1f6e54a6d25d1439054fd9617f83023191c0cfe1334332fdf Babbage https://click.e.economist.com/?qs=d94fc38714a55565c95a7efd16416a6cf36e4541a02727f784f13e28008766310e5fec91d9fa41a1f6e54a6d25d1439054fd9617f83023191c0cfe1334332fdf How Down’s syndrome could unlock the mystery of Alzheimer’s disease https://click.e.economist.com/?qs=d94fc38714a55565c95a7efd16416a6cf36e4541a02727f784f13e28008766310e5fec91d9fa41a1f6e54a6d25d1439054fd9617f83023191c0cfe1334332fdf Our podcast on science and technology Video https://click.e.economist.com/?qs=d94fc38714a5556532628a572dde8feb23468565b8d8b7bb7e1f89877b98ab52f90ae6d12609463126a4fab86b82dc1e742de45588cbc03d https://click.e.economist.com/?qs=d94fc38714a5556538201242f4d18121dd75178c2cd44d9230761b28e1aa5287ddac30c247a44995033af79c3424d7068c171c05655089ad https://click.e.economist.com/?qs=d94fc38714a5556532628a572dde8feb23468565b8d8b7bb7e1f89877b98ab52f90ae6d12609463126a4fab86b82dc1e742de45588cbc03d United States https://click.e.economist.com/?qs=d94fc38714a5556532628a572dde8feb23468565b8d8b7bb7e1f89877b98ab52f90ae6d12609463126a4fab86b82dc1e742de45588cbc03d Why America is not yet a tech oligarchy https://click.e.economist.com/?qs=d94fc38714a5556532628a572dde8feb23468565b8d8b7bb7e1f89877b98ab52f90ae6d12609463126a4fab86b82dc1e742de45588cbc03d Our Schumpeter columnist explains why fears of a Silicon Valley-led “siligarchy” are overblown Also from The Economist https://click.e.economist.com/?qs=d94fc38714a5556528026fc4334adab210c57648d5b3146cc66518b812465a0c0a134e8784f130ff1eeae64fb72b822a075f266693689b9849fdc953dbf5783c https://click.e.economist.com/?qs=d94fc38714a5556528026fc4334adab210c57648d5b3146cc66518b812465a0c0a134e8784f130ff1eeae64fb72b822a075f266693689b9849fdc953dbf5783c Free to receive https://click.e.economist.com/?qs=d94fc38714a5556528026fc4334adab210c57648d5b3146cc66518b812465a0c0a134e8784f130ff1eeae64fb72b822a075f266693689b9849fdc953dbf5783c How Down’s syndrome could unlock the mystery of Alzheimer’s disease https://click.e.economist.com/?qs=d94fc38714a5556528026fc4334adab210c57648d5b3146cc66518b812465a0c0a134e8784f130ff1eeae64fb72b822a075f266693689b9849fdc953dbf5783c Our weekly newsletter helps you understand a vast and complicated country that will increasingly shape the future. 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padding: 0px; height: 80px; width: 80px; text-align: center; border: 0px none transparent;" width="80"> </td> </tr> </table> </div> <!--[if (gte mso 9)|(IE)]> <td valign="top" align="left" style="width:1460px;"> <![endif]--> <div class="fluid" style=" display: inline-block; width: 100%; min-width: 100%; max-width: 480px; vertical-align: top; "> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pr16" height="44" style="vertical-align: middle; padding: 0px 16px 0px 0px" valign="middle"> <h1 class="txtl txt36 serifLF" style="margin: 0px 0px; font-family: EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size: 32px; color: rgb(18, 18, 18); line-height: 38px; letter-spacing: normal; font-weight: 500 !important; text-align: center;"> The Economist this week</h1> </td> </tr> <tr> <td class="pr16" height="28" style="vertical-align: middle; padding: 0px 16px 0px 0px" valign="middle"> <p class="txtl" style="margin: 0px; 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margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td></tr></table></td></tr></table><!-- //ARTICLES (3) --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- BYLINE --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td align="left" style="padding:0 16px 16px 16px;" valign="top"> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation"> <tr> <td style="vertical-align:middle; padding:0 16px 0 0;" valign="middle" width="67"> <img alt="" data-assetid="347943" src="https://image.e.economist.com/lib/fe8d13727c650c7976/m/1/48279c25-4128-4d61-aab7-d8422c8641e4.png" style="border-radius: 50%; display: block; padding: 0px; height: auto; width: 100%; text-align: center; border: 0px none transparent;" width="67"></td><td class="serifLF" style="vertical-align:middle; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="middle"> <p style="margin:0;"> <b>Zanny Minton Beddoes</b><br> Editor-in-chief</p></td></tr></table></td></tr></table><!-- //BYLINE --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- FULL-WIDTH CONTENT --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width: 600px;" width="100%"> <tr> <td style="padding: 0px 16px 0px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="article-text" style="padding: 0px 0px 1px; text-align: left; color: rgb(18, 18, 18); line-height: 25px; font-family: EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size: 18px;" valign="top"> <p style="margin: 0px;"> You’d be forgiven for suffering whiplash. Donald Trump, inaugurated as America’s president on Monday, has signed dozens of executive orders, handed out almost 1,600 pardons and fired off plenty of threats in his first hours back in the White House. If you need some help staying on top of things, <i>The Economist</i> is following Mr Trump’s first 100 days in office. Keep tabs on his executive orders, cabinet picks and popularity via our <a data-linkto="https://" href="https://click.e.economist.com/?qs=d94fc38714a555654416d5dd644b096622f8bb28d4b732fb8562ea4a1329ea3c5c9281ba29ef9dabc0082f75a0b9e09fae22461b90ceadd6" style="text-decoration:none;" title="Trump tracker">Trump tracker</a>. <br> <br> Mr Trump has made clear his desire for America to be “a growing nation” that “increases our wealth” and “expands our territory”. We have labelled these imperial ambitions “Project 1897”—a nod to William McKinley, the president who added Hawaii, Guam, the Philippines and Puerto Rico to America’s territory. To illustrate the point, our designers have put Mr Trump in a top hat and wing collar in the image on <a data-linkto="https://" href="https://click.e.economist.com/?qs=d94fc38714a55565bb19a82413a5dcd68071446c5d5df52ac949a095ff9cfeaafdfd5ea84a185ffca85220c3b51e57cfc29f68f5a0d050b8" style="text-decoration:none;" title="this week’s cover">this week’s cover</a> in most of the world. <br> <br> In Asia, meanwhile, our cover considers a dilemma facing America: <a data-linkto="https://" href="https://click.e.economist.com/?qs=d94fc38714a5556530cc0de645cdc31db7a97a250cf7e9267ed5f7af80fbee3f769e7f556027cabc1cdd5a065f42b07bd256dba4bdf0831e" style="text-decoration:none;" title="the success of Chinese AI models">the success of Chinese AI models</a>. If Mr Trump’s ambitions are to be met, he will need to maintain America’s technological lead in the field of generative artificial intelligence. The rapid improvement of the Chinese models, combined with industry-wide changes, could turn the economics of AI on its head. America must prepare for a world in which Chinese AI is breathing down its neck.<br> <br> Finally, I was at the World Economic Forum in Davos this week, where I interviewed Britain’s chancellor, Rachel Reeves. Her mission in the Swiss alpine town was to convince Wall Street bosses, asset managers and pension funds that Britain really is open for business, and that she is single-mindedly focused on growth. I asked her <a data-linkto="https://" href="https://click.e.economist.com/?qs=d94fc38714a55565fd83a0bde5a8038c5be8facbe2128ca5ed69d3e27d5e8fcbc944418184bdc69d4a8ba34d05f189287a49fb24e0a4610c" style="text-decoration:none;" title="how she planned to make her case">how she planned to make her case</a>. </p></td></tr></table></td></tr></table><!-- //FULL-WIDTH CONTENT --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- BLANK SPACE --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td class="pb56" style="padding:0 16px 56px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> </tr></table></td></tr></table><!-- //BLANK SPACE --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"> <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!----></td></tr></table> <!-- MAIN TITLE + CONTENT --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td bgcolor="#1f2e7a" class="ph32" style="padding:32px 16px 32px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td align="center" style="padding:0 0 8px 0;" valign="top"> </td></tr><tr> <td style="padding:0 0 6px 0;" valign="top"> <h1 class="headerCta23" style="margin:0; font-family:Charter,'Bitstream Charter','Iowan Old Style','Calisto MT',Georgia,serif; font-size:26px; font-weight:500; color:#ffffff; line-height:31px; text-align:center; mso-line-height-rule:exactly;"> Go beyond the headlines</h1></td></tr><tr> <td style="padding:0 0 20px 0; font-family:Charter,'Bitstream Charter','Iowan Old Style','Calisto MT',Georgia,serif; font-size:18px; color:#ffffff; line-height:25px; text-align:center;" valign="top"> <p style="margin:0;"> Subscribe for unlimited access to <i>The Economist</i></p></td></tr><tr> <td align="center" valign="top"> <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:initial !important; border:2px solid #ffffff; border-radius:32px;"> <tr> </tr><tr> <td class="econsans phCta" style="padding:4px 16px 4px 16px; font-family: apple-system,BlinkMacSystemFont,'Segoe UI',Helvetica,Arial,sans-serif; font-size:16px; font-weight:500 !important; color:#141F52; line-height:22px; text-align:center;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/u/?qs=d94fc38714a5556514e6f33dd53e78d1698d72c39ac1dfb6b22121d1fc415db3c6d45fe1ec2cc3e8ff1fa5e4258198d9205a4fea842c75e2303a5cda896461f1" style="color:#121212;text-decoration:none;" target="_blank" title="">Subscribe</a></td></tr></table></td></tr></table></td></tr><tr> <td height="56" style="font-size:1px; line-height:1px;"> </td></tr></table> <!-- //MAIN TITLE --></td></tr></table> </td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- SECTION HEADING --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width: 600px;" width="100%"> <tr> <td style="padding: 0px 16px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="padding: 7px 0px 0px; border-top-color: rgb(18, 18, 18); border-top-width: 1px; border-top-style: solid;" valign="top"> <h2 class="econsans" style="margin: 0px; text-align: left; color: rgb(18, 18, 18); line-height: 25px; font-family: EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size: 18px; font-weight: bold; mso-line-height-rule: exactly;"> <b>Editor’s picks</b></h2><p class="econsans" style="margin: 0px; text-align: left; color: rgb(18, 18, 18); line-height: 25px; font-family: EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size: 18px; mso-line-height-rule: exactly;"> Must-reads this week</p></td></tr></table></td></tr></table><!-- //SECTION HEADING --></td></tr></table> <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- ARTICLES (3) --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0 8px 32px 8px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8" style="padding:0 0 16px 0; font-size:0; text-align:center;" valign="top"> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> <td width="292" align="left" valign="top" style="width:292px;"> <![endif]--><div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="padding:0 8px 8px 8px;" valign="top"> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=d94fc38714a55565b2848c6a75e5b246c74c5b246367f5c2b9dbf2e7469cac1bd84708bc0bf91879ad2be381e0d330fa352f56afd67ebd19" target="_blank" title=""><img alt="" data-assetid="359713" src="https://image.e.economist.com/lib/fe8d13727c650c7976/m/1/787fff43-46b5-460f-acbd-d5fd063be6a3.png" style="display: block; width: 100%; min-width: 100%; max-width: 276px; height: auto; padding: 0px; text-align: center; border: none;" width="276"></a> <a href="https://click.e.economist.com/?qs=d94fc38714a555652a7b0ee766c435065f6a7da696af717ad1ef424f7f3b930c02d1fee8ff532aacb76cb730d64081e1191e97ef28ce3b21" target="_blank"> </a></td></tr></table></div><!--[if mso]></td><td width="292" align="right" valign="top" style="width:292px;"><![endif]--><div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="right" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="econsans" style="padding:0 8px 4px 8px; font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Helvetica,Arial,sans-serif; font-size:14px; color:#e3120b; line-height:16px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=d94fc38714a55565b2848c6a75e5b246c74c5b246367f5c2b9dbf2e7469cac1bd84708bc0bf91879ad2be381e0d330fa352f56afd67ebd19" style="color:#e3120b;text-decoration:none;" target="_blank" title="">Project 1897</a></p></td></tr><tr> <td class="h2" style="padding:0 8px 8px 8px; font-family:Charter,'Bitstream Charter','Iowan Old Style','Calisto MT',Georgia,serif; font-size:23px; font-weight:bold; color:#121212; line-height:28px; text-align:left;" valign="top"> <p style="margin:0;"> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=d94fc38714a55565b2848c6a75e5b246c74c5b246367f5c2b9dbf2e7469cac1bd84708bc0bf91879ad2be381e0d330fa352f56afd67ebd19" style="color:#121212;text-decoration:none;" target="_blank" title="">America has an imperial presidency</a></p></td></tr><tr> <td style="padding:0 8px 8px 8px; font-family:Charter,'Bitstream Charter','Iowan Old Style','Calisto MT',Georgia,serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> <p style="margin:0;"> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=d94fc38714a55565b2848c6a75e5b246c74c5b246367f5c2b9dbf2e7469cac1bd84708bc0bf91879ad2be381e0d330fa352f56afd67ebd19" style="color:#000000;text-decoration:none;" title="">And in Donald Trump, an imperialist president for the first time in over a century</a></p></td></tr></table></div></td></tr><tr> <td align="center" style="padding:0 8px 2px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td></tr></table></td></tr></table><!-- //ARTICLES (3) --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- RELATED ARTICLE HEADING --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0 16px 16px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="padding:4px 0 0 0;" valign="top"> <h2 class="econsans" style="margin:0; 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font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="https://" href="https://click.e.economist.com/?qs=d94fc38714a5556589f0ae03e23e012d49f66d56d33961180653da5d1a279db84c19fd0b845058375b5e77a39aee93c87334e4c484466766" style="color:#000000;text-decoration:none;" title="">America really could enter a golden age</a></p></td></tr><tr> <td class="serifLF" style="padding:16px 8px 16px 0; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; font-weight:medium; color:#121212; line-height:24px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top" width="16"> →</td><td class="serifLF" style="padding:16px 0 16px 0; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="https://" href="https://click.e.economist.com/?qs=d94fc38714a555651bb1c37345cc273b21f737369806ce4d8ea766b0d7f790896aec24171668923a2bd047583a1083631178eda030dc84a4" style="color:#000000;text-decoration:none;" title="">Donald Trump has rewritten the history of January 6th</a></p></td></tr><tr> <td class="serifLF" style="padding:16px 8px 16px 0; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; font-weight:medium; color:#121212; line-height:24px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top" width="16"> →</td><td class="serifLF" style="padding:16px 0 16px 0; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <p style="margin:0;"> <a data-linkto="https://" href="https://click.e.economist.com/?qs=d94fc38714a555652642ba2cd42a0ac6ad75a0272d0c8dccbce32393a06590d44d6af3ec14cacd73a0c182948047b3daace84540f66ef030" style="color:#000000;text-decoration:none;" title="">The early days of the Trump administration, as viewed from China</a></p></td></tr><tr> <td class="serifLF" style="padding:16px 8px 16px 0; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; font-weight:medium; color:#121212; line-height:24px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top" width="16"> →</td><td class="serifLF" style="padding:16px 0 16px 0; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left; border-bottom:1px solid #d7d7d7;" valign="top"> <a data-linkto="https://" href="https://click.e.economist.com/?qs=d94fc38714a55565570425ea74f1e009c5100ceeaed3e554ca268f18e1d0981aa7c27b43c439e33250e16946097844dec8dbe0c63bea98f2" style="color:#000000;text-decoration:none;" title="">To end birthright citizenship, Donald Trump misreads the constitution</a></td></tr></table></td></tr></table><!-- //RELATED ARTICLES (3) --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- ARTICLES (3) --><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0 8px 32px 8px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8" style="padding:0 0 16px 0; font-size:0; text-align:center;" valign="top"> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> <td width="292" align="left" valign="top" style="width:292px;"> <![endif]--><div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="padding:0 8px 8px 8px;" valign="top"> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=d94fc38714a5556537339f2ce265fd7cd6f781c640336b3fcdf3709a02b746b1179f802a73902e848416385f75bd4196a3db05350a46a5ce" target="_blank" title=""><img alt="" data-assetid="359714" src="https://image.e.economist.com/lib/fe8d13727c650c7976/m/1/c9caf3f8-4492-41de-b5b5-f1eb39701818.png" style="display: block; width: 100%; min-width: 100%; max-width: 276px; height: auto; padding: 0px; text-align: center; border: none;" width="276"></a> <a href="https://click.e.economist.com/?qs=d94fc38714a555652a7b0ee766c435065f6a7da696af717ad1ef424f7f3b930c02d1fee8ff532aacb76cb730d64081e1191e97ef28ce3b21" target="_blank"> </a></td></tr></table></div><!--[if mso]></td><td width="292" align="right" valign="top" style="width:292px;"><![endif]--><div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="right" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="econsans" style="padding:0 8px 4px 8px; font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Helvetica,Arial,sans-serif; font-size:14px; color:#e3120b; line-height:16px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=d94fc38714a5556537339f2ce265fd7cd6f781c640336b3fcdf3709a02b746b1179f802a73902e848416385f75bd4196a3db05350a46a5ce" style="color:#e3120b;text-decoration:none;" target="_blank" title="">The dragon in the mirror</a></p></td></tr><tr> <td class="h2" style="padding:0 8px 8px 8px; font-family:Charter,'Bitstream Charter','Iowan Old Style','Calisto MT',Georgia,serif; font-size:23px; font-weight:bold; color:#121212; line-height:28px; text-align:left;" valign="top"> <p style="margin:0;"> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=d94fc38714a5556537339f2ce265fd7cd6f781c640336b3fcdf3709a02b746b1179f802a73902e848416385f75bd4196a3db05350a46a5ce" style="color:#121212;text-decoration:none;" target="_blank" title="">Chinese AI is catching up, posing a dilemma for Donald Trump</a></p></td></tr><tr> <td style="padding:0 8px 8px 8px; font-family:Charter,'Bitstream Charter','Iowan Old Style','Calisto MT',Georgia,serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> <p style="margin:0;"> <a data-linkto="https://" href="https://click.e.economist.com/u/?qs=d94fc38714a5556537339f2ce265fd7cd6f781c640336b3fcdf3709a02b746b1179f802a73902e848416385f75bd4196a3db05350a46a5ce" style="color:#000000;text-decoration:none;" title="">The success of cheap Chinese models threatens America’s technological lead</a></p></td></tr></table></div></td></tr><tr> <td align="center" style="padding:0 8px 2px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td></tr></table></td></tr></table><!-- //ARTICLES (3) --></td></tr></table> <!-- ARTICLES (3) --> <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0px 8px 16px 8px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8" style="padding:0 0 16px 0; font-size:0; text-align:center;" valign="top"> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> <td width="292" align="left" valign="top" style="width:292px;"> <![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8-12" style="padding:0 8px 12px 8px;" valign="top"> <a href="https://click.e.economist.com/?qs=d94fc38714a555656a597496fba1a8fc1f4e07a0784b85a0f7497c173c189f0c72534b22b05b4e965fea0173f0c1a7b63ed1383146cc9c98a8190d89f8e528a6" target="_blank"><img alt="Rachel Reeves at the World Economist Forum in Davos, Switzerland" border="0" class="fluid" height="" src="https://www.economist.com/content-assets/images/20250125_BRP004.jpg" style="display:block; width:100%; min-width:100%; max-width:276px; height:auto; border:none;" width="276"> </a> </td> </tr> </table> </div> <!--[if mso]></td><td width="292" align="right" valign="top" style="width:292px;"><![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="right" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="econsans" style="padding:0 8px 4px 8px; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:16px; text-align:left;" valign="top"> <p style="margin:0; "> <a href="https://click.e.economist.com/?qs=d94fc38714a555656a597496fba1a8fc1f4e07a0784b85a0f7497c173c189f0c72534b22b05b4e965fea0173f0c1a7b63ed1383146cc9c98a8190d89f8e528a6" style="color:#e3120b; text-decoration:none;" target="_blank">A mountain to climb </a> </p> </td> </tr> <tr> <td class="h2 serifLF" style="padding:0 8px 8px 8px; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:23px; font-weight:bold; color:#121212; line-height:28px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=d94fc38714a555656a597496fba1a8fc1f4e07a0784b85a0f7497c173c189f0c72534b22b05b4e965fea0173f0c1a7b63ed1383146cc9c98a8190d89f8e528a6" style="color:#121212; text-decoration:none;" target="_blank">The Rachel Reeves theory of growth </a> </p> </td> </tr> <tr> <td style="padding:0 8px 8px 8px; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=d94fc38714a555656a597496fba1a8fc1f4e07a0784b85a0f7497c173c189f0c72534b22b05b4e965fea0173f0c1a7b63ed1383146cc9c98a8190d89f8e528a6" style="color:#121212; text-decoration:none;" target="_blank">The chancellor says it’s her number-one priority. We ask her what that means for Britain</a> </p> </td> </tr> </table> </div> <!--[if mso]> </td> </tr> </table> <![endif]--> </td> </tr> <tr> </tr> <tr> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> [if mso]> </td> </tr> </table> <![endif]--> </tr> <tr> <td align="center" style="padding:0 8px 2px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td> </tr> </table> </td> </tr> </table> <!-- //ARTICLES (3) --> <!-- ARTICLES (3) --> <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0px 8px 16px 8px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8" style="padding:0 0 16px 0; font-size:0; text-align:center;" valign="top"> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> <td width="292" align="left" valign="top" style="width:292px;"> <![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8-12" style="padding:0 8px 12px 8px;" valign="top"> <a href="https://click.e.economist.com/?qs=d94fc38714a55565b1b31bb28f334405dffc7e841c2a31ee5db20d9cf45bf732ab13e82b992fbfa25551ae7c04fa41ed0ce7282083d87c438faddb89a15e2949" target="_blank"><img alt="Palestinians newar a burnt-out vehicle after a group of settlers attacked a village in the West Bank" border="0" class="fluid" height="" src="https://www.economist.com/content-assets/images/20250125_MAP003.jpg" style="display:block; width:100%; min-width:100%; max-width:276px; height:auto; border:none;" width="276"> </a> </td> </tr> </table> </div> <!--[if mso]></td><td width="292" align="right" valign="top" style="width:292px;"><![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="right" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="econsans" style="padding:0 8px 4px 8px; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:16px; text-align:left;" valign="top"> <p style="margin:0; "> <a href="https://click.e.economist.com/?qs=d94fc38714a55565b1b31bb28f334405dffc7e841c2a31ee5db20d9cf45bf732ab13e82b992fbfa25551ae7c04fa41ed0ce7282083d87c438faddb89a15e2949" style="color:#e3120b; text-decoration:none;" target="_blank">A terrifying knock-on effect </a> </p> </td> </tr> <tr> <td class="h2 serifLF" style="padding:0 8px 8px 8px; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:23px; font-weight:bold; color:#121212; line-height:28px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=d94fc38714a55565b1b31bb28f334405dffc7e841c2a31ee5db20d9cf45bf732ab13e82b992fbfa25551ae7c04fa41ed0ce7282083d87c438faddb89a15e2949" style="color:#121212; text-decoration:none;" target="_blank">The Gaza ceasefire is stoking violence in the West Bank </a> </p> </td> </tr> <tr> <td style="padding:0 8px 8px 8px; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=d94fc38714a55565b1b31bb28f334405dffc7e841c2a31ee5db20d9cf45bf732ab13e82b992fbfa25551ae7c04fa41ed0ce7282083d87c438faddb89a15e2949" style="color:#121212; text-decoration:none;" target="_blank">Hamas and the Israeli far right both want to destabilise the West Bank</a> </p> </td> </tr> </table> </div> <!--[if mso]> </td> </tr> </table> <![endif]--> </td> </tr> <tr> </tr> <tr> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> [if mso]> </td> </tr> </table> <![endif]--> </tr> <tr> <td align="center" style="padding:0 8px 2px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td> </tr> </table> </td> </tr> </table> <!-- //ARTICLES (3) --> <!-- ARTICLES (3) --> <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0px 8px 16px 8px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8" style="padding:0 0 16px 0; font-size:0; text-align:center;" valign="top"> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> <td width="292" align="left" valign="top" style="width:292px;"> <![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8-12" style="padding:0 8px 12px 8px;" valign="top"> <a href="https://click.e.economist.com/?qs=d94fc38714a55565de185ba7eb59e9d7afbabe41a8ac953602b7eb090a2b472fbe90d9acd46700b79583d92c5903f834f342ff4137fdf7f08e99b01ce3baf4c1" target="_blank"><img alt="The illustration shows a man and a woman standing on separate stacks of coins." border="0" class="fluid" height="" src="https://www.economist.com/content-assets/images/20250125_WBD002.jpg" style="display:block; width:100%; min-width:100%; max-width:276px; height:auto; border:none;" width="276"> </a> </td> </tr> </table> </div> <!--[if mso]></td><td width="292" align="right" valign="top" style="width:292px;"><![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="right" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="econsans" style="padding:0 8px 4px 8px; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:16px; text-align:left;" valign="top"> <p style="margin:0; "> <a href="https://click.e.economist.com/?qs=d94fc38714a55565de185ba7eb59e9d7afbabe41a8ac953602b7eb090a2b472fbe90d9acd46700b79583d92c5903f834f342ff4137fdf7f08e99b01ce3baf4c1" style="color:#e3120b; text-decoration:none;" target="_blank">Bartleby </a> </p> </td> </tr> <tr> <td class="h2 serifLF" style="padding:0 8px 8px 8px; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; 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max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td> </tr> </table> </td> </tr> </table> <!-- //ARTICLES (3) --> <!-- ARTICLES (3) --> <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%"> <tr> <td style="padding:0px 8px 16px 8px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8" style="padding:0 0 16px 0; font-size:0; text-align:center;" valign="top"> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> <td width="292" align="left" valign="top" style="width:292px;"> <![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="pb8-12" style="padding:0 8px 12px 8px;" valign="top"> <a href="https://click.e.economist.com/?qs=d94fc38714a5556594c87ce3afc6da4c014bde6deb170ba9f7196b1b1dd31c920ef7eb7579032acad2857d402edc1a910d1c8aa3baa4ac5ebd6ba3e5f842a3ef" target="_blank"><img alt="A person blowing about a pattern in the shape of a brain" border="0" class="fluid" height="" src="https://www.economist.com/content-assets/images/20250125_STD001.jpg" style="display:block; width:100%; min-width:100%; max-width:276px; height:auto; border:none;" width="276"> </a> </td> </tr> </table> </div> <!--[if mso]></td><td width="292" align="right" valign="top" style="width:292px;"><![endif]--> <div class="fluid" style="display:inline-block; width:100%; min-width:100%; max-width:292px; vertical-align:top;"> <table align="right" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td class="econsans" style="padding:0 8px 4px 8px; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:16px; text-align:left;" valign="top"> <p style="margin:0; "> <a href="https://click.e.economist.com/?qs=d94fc38714a5556594c87ce3afc6da4c014bde6deb170ba9f7196b1b1dd31c920ef7eb7579032acad2857d402edc1a910d1c8aa3baa4ac5ebd6ba3e5f842a3ef" style="color:#e3120b; text-decoration:none;" target="_blank">Well informed </a> </p> </td> </tr> <tr> <td class="h2 serifLF" style="padding:0 8px 8px 8px; font-family:EconomistSerifLF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:23px; font-weight:bold; color:#121212; line-height:28px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=d94fc38714a5556594c87ce3afc6da4c014bde6deb170ba9f7196b1b1dd31c920ef7eb7579032acad2857d402edc1a910d1c8aa3baa4ac5ebd6ba3e5f842a3ef" style="color:#121212; text-decoration:none;" target="_blank">Can you breathe stress away? </a> </p> </td> </tr> <tr> <td style="padding:0 8px 8px 8px; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> <p style="margin:0;"> <a href="https://click.e.economist.com/?qs=d94fc38714a5556594c87ce3afc6da4c014bde6deb170ba9f7196b1b1dd31c920ef7eb7579032acad2857d402edc1a910d1c8aa3baa4ac5ebd6ba3e5f842a3ef" style="color:#121212; text-decoration:none;" target="_blank">It won’t hurt to try. But scientists are only beginning to understand the links between the breath and the mind</a> </p> </td> </tr> </table> </div> <!--[if mso]> </td> </tr> </table> <![endif]--> </td> </tr> <tr> </tr> <tr> <!--[if mso]> <table width="584" align="center" cellspacing="0" cellpadding="0" border="0" role="presentation" style="width:584px;"> <tr> [if mso]> </td> </tr> </table> <![endif]--> </tr> <tr> <td align="center" style="padding:0 8px 2px 8px;" valign="top"> <hr style="width:100%; max-width:568px; height:1px; margin:0; background-color:#d7d7d7; color:#d7d7d7; border-width:0;"> </td> </tr> </table> </td> </tr> </table> <!-- //ARTICLES (3) --> <table role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper" width="100%" cellspacing="0" cellpadding="0"><tr><td class="stylingblock-content-wrapper camarker-inner"><table cellspacing="0" cellpadding="0" border="0"> <tr> <td style="font-size: 0px;"> <a href="https://click.e.economist.com/u/?qs=d94fc38714a5556520c337cf30dcc252a8be220d12bc565c2d07b05383ba13876fee0a76b1e051e37fd9bb2c5fb0c0f61beefa5c27ebbefd392ec262e9c787c6" > <img style="display: block; 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