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boundary="PSsDAyUvE2DA=_?:" This is a multi-part message in MIME format. --PSsDAyUvE2DA=_?: Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: 8bit The Economist ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ https://click.e.economist.com/?qs=2bcf5731b8e8e7fe410923bf3a92866f8a13e36b74a78b8d69168c1ceaaa3852dd60d02e181dc4810a3735eb4390b5237d7d18d8948e4a08336d8a189016e439 https://view.e.economist.com/?qs=e4c7b971c74d21d9f471bd880c9f01fde0b4a3cd8bc3aedf0db592d367211d852091bcda09689903552d1ffdb7945d0f17a6eb605dca0e4f2ac814d76bb9d6fff5c91da7022f01ee5d0b9552b7606453 Read in browser January 28th 2025 The Economist today The best of our journalism, handpicked each day https://click.e.economist.com/?qs=2bcf5731b8e8e7fe509063ce1fb17a1ac7f8a34e289adf2ac6654b9439c23744d88f83c5c3e57f5c1377b33572ad1707bc64b8e53205fa341820c16694b3f6c2 https://click.e.economist.com/?qs=2bcf5731b8e8e7fee7fae85c462f6005199451409d9c7d19490cd38573c249d98c95ac13784a8f8be09443594ecc7c9b71c6987c8fa41bab https://click.e.economist.com/?qs=2bcf5731b8e8e7fee7fae85c462f6005199451409d9c7d19490cd38573c249d98c95ac13784a8f8be09443594ecc7c9b71c6987c8fa41bab Kennett Werner News editor On Monday a Chinese AI firm called DeepSeek blew a https://click.e.economist.com/?qs=2bcf5731b8e8e7fe4c5c07c7996bc17cff3370d31ae3068249033f9e41c1e5d098c2288e68bbb6a49b6fecc67318237c8bd6eb862157cf61 nearly $600bn hole in the value of Nvidia, an American chipmaker. It marked the biggest one-day loss in the history of America&rsquo;s stockmarket. Now the question is what the DeepSeek surprise means for https://click.e.economist.com/?qs=2bcf5731b8e8e7fecf6ce34139938566e466a4831eef4e7a775ad07e5dc41e10f6e6ff97b0c9f6bd89a7b6139d671e376631cdb246cf7e71 Nvidia&rsquo;s monopoly-like profits . And this week we launched our https://click.e.economist.com/?qs=2bcf5731b8e8e7fe302758fd933801089b57438dfea36dffbc4b2480f14b9b02f5cc10b08f2419d8d7ffa550924a1c8bdccb8d72bf70c557 German election forecast . One thing seems certain: Friedrich Merz of the centre-right Christian Democratic Union will become chancellor. But all eyes are on the far-right, taboo-shredding and xenophobic Alternative for Germany, which looks likely to finish second. https://click.e.economist.com/?qs=2bcf5731b8e8e7fed59b7c36fbc5444976d50c09787b86e6a55b7c21aa27caa275003dd8776fba335949b95d37238f1bac5a974708678000fe3775ddbc6dbcab https://click.e.economist.com/?qs=2bcf5731b8e8e7fed59b7c36fbc5444976d50c09787b86e6a55b7c21aa27caa275003dd8776fba335949b95d37238f1bac5a974708678000fe3775ddbc6dbcab Breaching the moat https://click.e.economist.com/?qs=2bcf5731b8e8e7fed59b7c36fbc5444976d50c09787b86e6a55b7c21aa27caa275003dd8776fba335949b95d37238f1bac5a974708678000fe3775ddbc6dbcab Nvidia is in danger of losing its monopoly-like margins https://click.e.economist.com/?qs=2bcf5731b8e8e7fed59b7c36fbc5444976d50c09787b86e6a55b7c21aa27caa275003dd8776fba335949b95d37238f1bac5a974708678000fe3775ddbc6dbcab But don’t count it out yet Related &rarr; https://click.e.economist.com/?qs=2bcf5731b8e8e7fe4c5c07c7996bc17cff3370d31ae3068249033f9e41c1e5d098c2288e68bbb6a49b6fecc67318237c8bd6eb862157cf61 DeepSeek sends a shockwave through markets https://click.e.economist.com/?qs=2bcf5731b8e8e7fec4063247b223cf5c1653318dac54d7c59cb386e62f33c4d15ca07f9468dccbdc4832677e72b1f20ed202436845ca11a3e458bf4f2f113b73 https://click.e.economist.com/?qs=2bcf5731b8e8e7fec4063247b223cf5c1653318dac54d7c59cb386e62f33c4d15ca07f9468dccbdc4832677e72b1f20ed202436845ca11a3e458bf4f2f113b73 Forensic examination https://click.e.economist.com/?qs=2bcf5731b8e8e7fec4063247b223cf5c1653318dac54d7c59cb386e62f33c4d15ca07f9468dccbdc4832677e72b1f20ed202436845ca11a3e458bf4f2f113b73 Ukrainian scientists are studying downed Russian missiles https://click.e.economist.com/?qs=2bcf5731b8e8e7fec4063247b223cf5c1653318dac54d7c59cb386e62f33c4d15ca07f9468dccbdc4832677e72b1f20ed202436845ca11a3e458bf4f2f113b73 And learning a lot about sanctions-busting Go beyond the headlines Subscribe for unlimited access to The Economist https://click.e.economist.com/?qs=2bcf5731b8e8e7fecb7a0027a8945d8bd2962368f528b5263a959bb6ddffbce7520bc06efb99bb40026b82faddf8c4f01f5ae0bf8a4af62533225678f224685f Subscribe https://click.e.economist.com/?qs=2bcf5731b8e8e7fe105562be8bce08e29b54085b31e74b66af9e91364ff0807c4b785497a01ab9f535a0bbd38901e9142aff9e165afae1d2ff6a7caa668be9d9 https://click.e.economist.com/?qs=2bcf5731b8e8e7fe105562be8bce08e29b54085b31e74b66af9e91364ff0807c4b785497a01ab9f535a0bbd38901e9142aff9e165afae1d2ff6a7caa668be9d9 Trans plans https://click.e.economist.com/?qs=2bcf5731b8e8e7fe105562be8bce08e29b54085b31e74b66af9e91364ff0807c4b785497a01ab9f535a0bbd38901e9142aff9e165afae1d2ff6a7caa668be9d9 The White House has been fluid on gender for a decade https://click.e.economist.com/?qs=2bcf5731b8e8e7fe105562be8bce08e29b54085b31e74b66af9e91364ff0807c4b785497a01ab9f535a0bbd38901e9142aff9e165afae1d2ff6a7caa668be9d9 Trump’s order “restoring biological truth” will not be the last word https://click.e.economist.com/?qs=2bcf5731b8e8e7fe87e05ac023428e70fe92ebee07e043ae88381cc302fdd1c877548e9fbec1b1e62074bc00560ef23f2ad90f61c28acf1312933a70e3972cc8 https://click.e.economist.com/?qs=2bcf5731b8e8e7fe87e05ac023428e70fe92ebee07e043ae88381cc302fdd1c877548e9fbec1b1e62074bc00560ef23f2ad90f61c28acf1312933a70e3972cc8 Africa in peril https://click.e.economist.com/?qs=2bcf5731b8e8e7fe87e05ac023428e70fe92ebee07e043ae88381cc302fdd1c877548e9fbec1b1e62074bc00560ef23f2ad90f61c28acf1312933a70e3972cc8 Rwanda does a Putin in Congo https://click.e.economist.com/?qs=2bcf5731b8e8e7fe87e05ac023428e70fe92ebee07e043ae88381cc302fdd1c877548e9fbec1b1e62074bc00560ef23f2ad90f61c28acf1312933a70e3972cc8 To understand the seizure of Goma, consider a parallel with Ukraine Related &rarr; https://click.e.economist.com/?qs=2bcf5731b8e8e7fe70b1b959727e6fb89b2e8cdfa32ec2d826aecb720994e39aec81b33c1bb3d26767fecc7b7abe43a8b3f8007e37488257 Rwanda&rsquo;s reckless plan to redraw the map of Africa &rarr; https://click.e.economist.com/?qs=2bcf5731b8e8e7fec2c04e0cca03eb1cb95203e2d7830ccd7dad2b82bcf840b87954cd57c1066ad9fa66496afec28c09820eda78b8438575 Congo in chaos: the last days of Goma ( 1843 magazine) https://click.e.economist.com/?qs=2bcf5731b8e8e7fe6a25f8222868318dcfff0ee5ff30261fdea05173805362b826bb249ef46e2eeca101a93874b7a98d29ae73a1af00932fe2e3a629a2eb14e5 https://click.e.economist.com/?qs=2bcf5731b8e8e7fe6a25f8222868318dcfff0ee5ff30261fdea05173805362b826bb249ef46e2eeca101a93874b7a98d29ae73a1af00932fe2e3a629a2eb14e5 German election 2025 https://click.e.economist.com/?qs=2bcf5731b8e8e7fe6a25f8222868318dcfff0ee5ff30261fdea05173805362b826bb249ef46e2eeca101a93874b7a98d29ae73a1af00932fe2e3a629a2eb14e5 Who is ahead in the race for Germany’s next parliament? https://click.e.economist.com/?qs=2bcf5731b8e8e7fe6a25f8222868318dcfff0ee5ff30261fdea05173805362b826bb249ef46e2eeca101a93874b7a98d29ae73a1af00932fe2e3a629a2eb14e5 Follow the polls and our prediction model in the run-up to February’s election https://click.e.economist.com/?qs=2bcf5731b8e8e7fe4fe842eaa3e52e2fabe9c670f5b5c53b934be860e69e30847917c067852390601003779b54cd2efe0b36064ba2842882fbc7c374d808321b https://click.e.economist.com/?qs=2bcf5731b8e8e7fe52ca889b16d4f9d01a681db12d2b1c4380bb26e6bb667886bb70752c1909676c1356119925cc3d2d7f0a76c586d164948f0ddc0f45b333dc https://click.e.economist.com/?qs=2bcf5731b8e8e7fe52ca889b16d4f9d01a681db12d2b1c4380bb26e6bb667886bb70752c1909676c1356119925cc3d2d7f0a76c586d164948f0ddc0f45b333dc Matters of opinion https://click.e.economist.com/?qs=2bcf5731b8e8e7fe52ca889b16d4f9d01a681db12d2b1c4380bb26e6bb667886bb70752c1909676c1356119925cc3d2d7f0a76c586d164948f0ddc0f45b333dc How (un)popular is China’s Communist Party? https://click.e.economist.com/?qs=2bcf5731b8e8e7fe52ca889b16d4f9d01a681db12d2b1c4380bb26e6bb667886bb70752c1909676c1356119925cc3d2d7f0a76c586d164948f0ddc0f45b333dc As the economy falters and the social compact frays, Xi Jinping wants to know https://click.e.economist.com/?qs=2bcf5731b8e8e7fec6ba5ac6e1da1958186522181f0c44e219e0a2abd5cae232c2178183a9979cf570c0402a8849de121a927f8808bab46702e2de9b8ff4e87d https://click.e.economist.com/?qs=2bcf5731b8e8e7fec6ba5ac6e1da1958186522181f0c44e219e0a2abd5cae232c2178183a9979cf570c0402a8849de121a927f8808bab46702e2de9b8ff4e87d An unacceptable toll https://click.e.economist.com/?qs=2bcf5731b8e8e7fec6ba5ac6e1da1958186522181f0c44e219e0a2abd5cae232c2178183a9979cf570c0402a8849de121a927f8808bab46702e2de9b8ff4e87d Why Britain has fallen behind on road safety https://click.e.economist.com/?qs=2bcf5731b8e8e7fec6ba5ac6e1da1958186522181f0c44e219e0a2abd5cae232c2178183a9979cf570c0402a8849de121a927f8808bab46702e2de9b8ff4e87d More than 1,600 people still die each year in road collisions https://click.e.economist.com/?qs=2bcf5731b8e8e7febd036cd7a127547a1e05c259f9fd43ed6ed5981f05743a1762aadf316105fcec29e6e693fb6a012428aa062321db815c7f364e4c29966eb3 https://click.e.economist.com/?qs=2bcf5731b8e8e7febd036cd7a127547a1e05c259f9fd43ed6ed5981f05743a1762aadf316105fcec29e6e693fb6a012428aa062321db815c7f364e4c29966eb3 (Don’t) name that tune https://click.e.economist.com/?qs=2bcf5731b8e8e7febd036cd7a127547a1e05c259f9fd43ed6ed5981f05743a1762aadf316105fcec29e6e693fb6a012428aa062321db815c7f364e4c29966eb3 Spotify’s playlists have altered the music industry in unexpected ways https://click.e.economist.com/?qs=2bcf5731b8e8e7febd036cd7a127547a1e05c259f9fd43ed6ed5981f05743a1762aadf316105fcec29e6e693fb6a012428aa062321db815c7f364e4c29966eb3 A critical assessment of the Swedish streaming giant’s musical legacy https://click.e.economist.com/?qs=2bcf5731b8e8e7fe160b67ac24f652bb1056461a5844f02c69d3a260f3eac1558780ecc12695be1dee47f3c2d0143aca797e63fce019dc60b4b59657db3d0f39 https://click.e.economist.com/?qs=2bcf5731b8e8e7fe160b67ac24f652bb1056461a5844f02c69d3a260f3eac1558780ecc12695be1dee47f3c2d0143aca797e63fce019dc60b4b59657db3d0f39 Well informed https://click.e.economist.com/?qs=2bcf5731b8e8e7fe160b67ac24f652bb1056461a5844f02c69d3a260f3eac1558780ecc12695be1dee47f3c2d0143aca797e63fce019dc60b4b59657db3d0f39 Can you breathe stress away? https://click.e.economist.com/?qs=2bcf5731b8e8e7fe160b67ac24f652bb1056461a5844f02c69d3a260f3eac1558780ecc12695be1dee47f3c2d0143aca797e63fce019dc60b4b59657db3d0f39 It won’t hurt to try. But scientists are only beginning to understand the links between the breath and the mind Podcast https://click.e.economist.com/?qs=2bcf5731b8e8e7fe84270c88be72c7092d3e43c51ebd9e05fdd60ee5f7fa0f88821dd80191359455020e6978adef91ba9664a6ac3f8cc2858406fa6c39c32b11 https://click.e.economist.com/?qs=2bcf5731b8e8e7fe84270c88be72c7092d3e43c51ebd9e05fdd60ee5f7fa0f88821dd80191359455020e6978adef91ba9664a6ac3f8cc2858406fa6c39c32b11 Drum Tower https://click.e.economist.com/?qs=2bcf5731b8e8e7fe84270c88be72c7092d3e43c51ebd9e05fdd60ee5f7fa0f88821dd80191359455020e6978adef91ba9664a6ac3f8cc2858406fa6c39c32b11 Chiung Yao shaped Chinese ideas about love and death https://click.e.economist.com/?qs=2bcf5731b8e8e7fe84270c88be72c7092d3e43c51ebd9e05fdd60ee5f7fa0f88821dd80191359455020e6978adef91ba9664a6ac3f8cc2858406fa6c39c32b11 Our weekly podcast on China. This week, we explore the influence of the celebrated romance writer on the Chinese-speaking world Figure of the day 92, the number of vessels that navigated Russia&rsquo;s Northern Sea Route last year, up from 19 in 2016. https://click.e.economist.com/?qs=2bcf5731b8e8e7fed635180f51d1d3380f00c5830ea5aed0bcb5a9d0ed1cfa039b860b518ee50081a5de230ef6b56ceac128be9bf3f28535 Read the full story . 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" 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 style="padding:0 16px 16px 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"><!-- 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"> <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fed3096749efa662b93008734bb521aea9aa1e0085f891da27392a8e98e924bcb6d511bf66f42503ce502ff893c7560f02" title=""><img alt="" data-assetid="299092" src="https://image.e.economist.com/lib/fe8d13727c650c7976/m/8/27e71cfc-9b5b-43eb-ac69-73f192c22a4b.jpeg" style="border-radius: 50%; display: block; padding: 0px; height: auto; width: 100%; text-align: center; border: 0px none transparent;" width="67"></a></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><a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe4fa380439ceeb269d14c7ddc35d7d5dad18e1b3ec77c175cc420234eab5e862d8cbe0588f3c880e23b40e4b654304eed" style="color:#000000;text-decoration:none;" title="Josh Roberts">Kennett Werner</a></b><br> News editor</p></td></tr></table></td></tr></table><!-- //BYLINE --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="background-color: transparent; min-width: 100%; " class="stylingblock-content-wrapper"><tr><td style="padding: 0px; " 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:0 16px 0px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="padding:0 0 1px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> </td><td class="article-text" style="padding: 0px 0px 1px; font-family: EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size: 18px; line-height: 25px; text-align: left;" valign="top"> <p> On Monday a Chinese AI firm called DeepSeek blew a <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fec9899c153f331a434a8b4461bb706ab1a2786bdac8adce2229eba24f994ff6ffdcd94b911c585d8522f2708d5a0ece53" style="text-decoration:none;" title="nearly $600bn hole">nearly $600bn hole</a> in the value of Nvidia, an American chipmaker. It marked the biggest one-day loss in the history of America&rsquo;s stockmarket. Now the question is what the DeepSeek surprise means for <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fea4c2bbeb94708022ef8f3807293949ff6ad65030fce4f437b962ccdd68c90717237d4aa3a3756dbd7ed79401e99e21ee" style="text-decoration:none;" title="Nvidia’s monopoly-like profits">Nvidia&rsquo;s monopoly-like profits</a>. <br> <br> And this week we launched our <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe0fe195e52aa47cca4a8eac7c5ee66616a097bbdbf370ed8c1514a2f7e07cc2f979edc958653a5f3de2dc135ddedf5604" style="text-decoration:none;" title="German election forecast">German election forecast</a>. One thing seems certain: Friedrich Merz of the centre-right Christian Democratic Union will become chancellor. But all eyes are on the far-right, taboo-shredding and xenophobic Alternative for Germany, which looks likely to finish second.&nbsp;</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 style="padding:0 16px 16px 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"><!-- 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 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;"> <p> </p><table align="left" border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> </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 8px 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"><!-- BLANK SPACE --><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> </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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7feca86129f90b991d8b274e154f7f6e3e9fe11cfd66a47e6adddd6bb82a96e14e096a8262800fd8987430150b8328b7fbabb7ff33fdee87e8b" target="_blank"><img alt="Nvidia CEO Jensen Huang holds a Nvidia's Drive Thor processor as he delivers a keynote address at the Consumer Electronics Show in Las Vegas." src="https://www.economist.com/content-assets/images/20250201_WBP502.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7feca86129f90b991d8b274e154f7f6e3e9fe11cfd66a47e6adddd6bb82a96e14e096a8262800fd8987430150b8328b7fbabb7ff33fdee87e8b" style="color:#e3120b;text-decoration:none;" target="_blank">Breaching the moat</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7feca86129f90b991d8b274e154f7f6e3e9fe11cfd66a47e6adddd6bb82a96e14e096a8262800fd8987430150b8328b7fbabb7ff33fdee87e8b" style="color:#121212;text-decoration:none;" target="_blank">Nvidia is in danger of losing its monopoly-like margins</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, 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="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7feca86129f90b991d8b274e154f7f6e3e9fe11cfd66a47e6adddd6bb82a96e14e096a8262800fd8987430150b8328b7fbabb7ff33fdee87e8b" style="color:#000000;text-decoration:none;">But don’t count it out yet </a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:18px; font-weight:bold; color:#121212; line-height:25px; text-align:left; mso-line-height-rule:exactly;"> <b>Related </b></h2></td></tr></table></td></tr></table><!-- //RELATED ARTICLE HEADING --><!-- RELATED ARTICLES --><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> <td class="serifLF" style="padding:0 0 10px 0; font-weight:500; 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 #121212;;" valign="top"> <p style="margin:0;"> &rarr; <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe538996059379c05fa2b18751b91ff09b68094064711f8b9d9f006682252f0f9bb7531cb2a40194946358ecf68b3e93ec" style="color:#000000;text-decoration:none;" title="">DeepSeek sends a shockwave through markets</a></p></td></tr></table></td></tr></table><!-- //RELATED ARTICLES --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe3e89ad21d62ad76c639189098ed1385b2a78d50afe7c60e1d23609dcd54a7d77f68fad5b48cb4cbfc6ed0eff34de878e9d18e45eac48862a" target="_blank"><img alt="Snow covered wreckage of intercepted missiles in Ukraine" src="https://www.economist.com/content-assets/images/20250125_EUP504.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe3e89ad21d62ad76c639189098ed1385b2a78d50afe7c60e1d23609dcd54a7d77f68fad5b48cb4cbfc6ed0eff34de878e9d18e45eac48862a" style="color:#e3120b;text-decoration:none;" target="_blank">Forensic examination</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe3e89ad21d62ad76c639189098ed1385b2a78d50afe7c60e1d23609dcd54a7d77f68fad5b48cb4cbfc6ed0eff34de878e9d18e45eac48862a" style="color:#121212;text-decoration:none;" target="_blank">Ukrainian scientists are studying downed Russian missiles</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, 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="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe3e89ad21d62ad76c639189098ed1385b2a78d50afe7c60e1d23609dcd54a7d77f68fad5b48cb4cbfc6ed0eff34de878e9d18e45eac48862a" style="color:#000000;text-decoration:none;">And learning a lot about sanctions-busting</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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=2bcf5731b8e8e7fe9333451a2236484c595fd6302cab22368c238fcc70443d3e710a80b97facd7032ac3a6c23d19cd8ee4d691a4b0ee1cf8263c35feb9e7ee07" 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;"> &nbsp;</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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe937a10a8a156e7a39fc2417396d7650ee12bac257257aac1b5cce09addd8e510fc7904b22dae56cfe00b3959272eecdd2dcbcd6a5d746c69" target="_blank"><img alt="" src="https://www.economist.com/content-assets/images/20250125_USP517.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe937a10a8a156e7a39fc2417396d7650ee12bac257257aac1b5cce09addd8e510fc7904b22dae56cfe00b3959272eecdd2dcbcd6a5d746c69" style="color:#e3120b;text-decoration:none;" target="_blank">Trans plans</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe937a10a8a156e7a39fc2417396d7650ee12bac257257aac1b5cce09addd8e510fc7904b22dae56cfe00b3959272eecdd2dcbcd6a5d746c69" style="color:#121212;text-decoration:none;" target="_blank">The White House has been fluid on gender for a decade</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, 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="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe937a10a8a156e7a39fc2417396d7650ee12bac257257aac1b5cce09addd8e510fc7904b22dae56cfe00b3959272eecdd2dcbcd6a5d746c69" style="color:#000000;text-decoration:none;">Trump’s order “restoring biological truth” will not be the last word</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe0bbbc598570452820a0dbeea98e8eae3622ef327ae3935535a10fde7eb46c301b3133a405b3c364215e819334f406eb58555e394a9891ffd" target="_blank"><img alt="DRCONGO-UNREST" src="https://www.economist.com/content-assets/images/20250201_LDP501.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe0bbbc598570452820a0dbeea98e8eae3622ef327ae3935535a10fde7eb46c301b3133a405b3c364215e819334f406eb58555e394a9891ffd" style="color:#e3120b;text-decoration:none;" target="_blank">Africa in peril</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe0bbbc598570452820a0dbeea98e8eae3622ef327ae3935535a10fde7eb46c301b3133a405b3c364215e819334f406eb58555e394a9891ffd" style="color:#121212;text-decoration:none;" target="_blank">Rwanda does a Putin in Congo</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, 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="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe0bbbc598570452820a0dbeea98e8eae3622ef327ae3935535a10fde7eb46c301b3133a405b3c364215e819334f406eb58555e394a9891ffd" style="color:#000000;text-decoration:none;">To understand the seizure of Goma, consider a parallel with Ukraine</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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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" class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe33fabc71cafb0ed4f53cd32fed4c7166682781faa76538b1aab122e280c47a0fa6f51425116e1355b02d9265b785caa1b70904da7d06437c" target="_blank"><img alt="A man watches live coverage on a TV screen at his store of Chinese President Xi Jinping " src="https://www.economist.com/content-assets/images/20250125_CNP003.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe33fabc71cafb0ed4f53cd32fed4c7166682781faa76538b1aab122e280c47a0fa6f51425116e1355b02d9265b785caa1b70904da7d06437c" style="color:#e3120b;text-decoration:none;" target="_blank">Matters of opinion</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe33fabc71cafb0ed4f53cd32fed4c7166682781faa76538b1aab122e280c47a0fa6f51425116e1355b02d9265b785caa1b70904da7d06437c" style="color:#121212;text-decoration:none;" target="_blank">How (un)popular is China’s Communist Party?</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, 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="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe33fabc71cafb0ed4f53cd32fed4c7166682781faa76538b1aab122e280c47a0fa6f51425116e1355b02d9265b785caa1b70904da7d06437c" style="color:#000000;text-decoration:none;">As the economy falters and the social compact frays, Xi Jinping wants to know</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe0ee1ba59fcf6ec11eaf6f08aebaaa97e10c61e63ee2a44d0e8eca9d454dd81ecc9f4a150c4f0c803d3e0a849a17db829e54593850c51d3a9" target="_blank"><img alt="A57 Snake Pass in the Peak District, Derbyshire." src="https://www.economist.com/content-assets/images/20250125_BRP505.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe0ee1ba59fcf6ec11eaf6f08aebaaa97e10c61e63ee2a44d0e8eca9d454dd81ecc9f4a150c4f0c803d3e0a849a17db829e54593850c51d3a9" style="color:#e3120b;text-decoration:none;" target="_blank">An unacceptable toll</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe0ee1ba59fcf6ec11eaf6f08aebaaa97e10c61e63ee2a44d0e8eca9d454dd81ecc9f4a150c4f0c803d3e0a849a17db829e54593850c51d3a9" style="color:#121212;text-decoration:none;" target="_blank">Why Britain has fallen behind on road safety</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, 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="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe0ee1ba59fcf6ec11eaf6f08aebaaa97e10c61e63ee2a44d0e8eca9d454dd81ecc9f4a150c4f0c803d3e0a849a17db829e54593850c51d3a9" style="color:#000000;text-decoration:none;">More than 1,600 people still die each year in road collisions</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe78511c6d82707781cdfc384095e6bbfed1c78ae34f15e5fa265ab24a2132dafbede68c756fb675141b23f193a0729f6488820fb70780ead9" target="_blank"><img alt="An illustration of tornado echoing the shapes of the Spotify logo with broken notes flying in the air. " src="https://www.economist.com/content-assets/images/20250125_CUD003.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe78511c6d82707781cdfc384095e6bbfed1c78ae34f15e5fa265ab24a2132dafbede68c756fb675141b23f193a0729f6488820fb70780ead9" style="color:#e3120b;text-decoration:none;" target="_blank">(Don’t) name that tune</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe78511c6d82707781cdfc384095e6bbfed1c78ae34f15e5fa265ab24a2132dafbede68c756fb675141b23f193a0729f6488820fb70780ead9" style="color:#121212;text-decoration:none;" target="_blank">Spotify’s playlists have altered the music industry in unexpected ways</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, 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="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe78511c6d82707781cdfc384095e6bbfed1c78ae34f15e5fa265ab24a2132dafbede68c756fb675141b23f193a0729f6488820fb70780ead9" style="color:#000000;text-decoration:none;">A critical assessment of the Swedish streaming giant’s musical legacy</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe5144c0f1ee1f630f8913609fa6eeefa70b6cadf17754b27e8f8e0995c7b65a25d71f8e28da5a8c3a2d2d80974fefafbfb6ed77c169cb2382" target="_blank"><img alt="A person blowing about a pattern in the shape of a brain" src="https://www.economist.com/content-assets/images/20250125_STD001.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe5144c0f1ee1f630f8913609fa6eeefa70b6cadf17754b27e8f8e0995c7b65a25d71f8e28da5a8c3a2d2d80974fefafbfb6ed77c169cb2382" style="color:#e3120b;text-decoration:none;" target="_blank">Well informed</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe5144c0f1ee1f630f8913609fa6eeefa70b6cadf17754b27e8f8e0995c7b65a25d71f8e28da5a8c3a2d2d80974fefafbfb6ed77c169cb2382" style="color:#121212;text-decoration:none;" target="_blank">Can you breathe stress away?</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, 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="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe5144c0f1ee1f630f8913609fa6eeefa70b6cadf17754b27e8f8e0995c7b65a25d71f8e28da5a8c3a2d2d80974fefafbfb6ed77c169cb2382" style="color:#000000;text-decoration:none;">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></td></tr></table><!-- //ARTICLE --></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 style="padding:0 16px 40px 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"><!-- 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: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; border-top:1px solid #121212;" valign="top"> <h2 class="econsans" style="margin:0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:18px; font-weight:bold; color:#121212; line-height:25px; text-align:left; mso-line-height-rule:exactly;"> <b>Podcast</b></h2></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"><!-- ARTICLE --><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:0 0 12px 0;" valign="top"> <a data-linkto="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe7d76deee1ee7a7744fcb257a58e4d51a64e6eb48becbc723c274a5496dd0da6f2145b7d1c2f8ef26a7147b80b1a6a0ca0f0ea270c857de1c" target="_blank"><img alt="Novelist Chiung Yao's (Qiong Yao) portrait and her books are seen at Shanghai Bookcity in Shanghai, China." src="https://www.economist.com/content-assets/images/20250201_PDP505.jpg" style="display: block; width: 100%; max-width: 568px; height: auto; border: none; padding: 0px; text-align: center;" width="568"></a></td></tr><tr> <td class="econsans" style="padding:0 0 4px 0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:14px; color:#e3120b; line-height:20px; text-align:left;" valign="top"> <p style="margin:0; "> <a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe7d76deee1ee7a7744fcb257a58e4d51a64e6eb48becbc723c274a5496dd0da6f2145b7d1c2f8ef26a7147b80b1a6a0ca0f0ea270c857de1c" style="color:#e3120b;text-decoration:none;" target="_blank">Drum Tower</a></p></td></tr><tr> <td class="h2 serifLF" style="padding:0 0 8px 0; 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 data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe7d76deee1ee7a7744fcb257a58e4d51a64e6eb48becbc723c274a5496dd0da6f2145b7d1c2f8ef26a7147b80b1a6a0ca0f0ea270c857de1c" style="color:#121212;text-decoration:none;" target="_blank">Chiung Yao shaped Chinese ideas about love and death</a></p></td></tr><tr> <td class="pb32" style="padding:0 0 32px 0; font-family:EconomistSerifOsF, 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="other" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe7d76deee1ee7a7744fcb257a58e4d51a64e6eb48becbc723c274a5496dd0da6f2145b7d1c2f8ef26a7147b80b1a6a0ca0f0ea270c857de1c" style="color:#000000;text-decoration:none;">Our weekly podcast on China. This week, we explore the influence of the celebrated romance writer on the Chinese-speaking world</a></p></td></tr></table></td></tr></table><!-- //ARTICLE --></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 style="padding:0 16px 40px 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"><!-- 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: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; border-top:1px solid #121212;" valign="top"> <h2 class="econsans" style="margin:0; font-family:EconomistSansLF,Roboto Condensed, Seravek, Arial Nova, Nimbus Sans, Arial, sans-serif; font-size:18px; font-weight:bold; color:#121212; line-height:25px; text-align:left; mso-line-height-rule:exactly;"> <b>Figure of the day</b></h2></td></tr></table></td></tr></table><!-- //SECTION HEADING --></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="background-color: transparent; min-width: 100%; " class="stylingblock-content-wrapper"><tr><td style="padding: 0px; " 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:0 16px 0px 16px;" valign="top"> <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%"> <tr> <td style="padding:0 0 1px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> </td><td class="article-text" style="padding:0 0 1px 0; font-family:EconomistSerifOsF, Georgia, TimesNewRoman, Times New Roman, Times, serif; font-size:18px; color:#121212; line-height:25px; text-align:left;" valign="top"> <b>92</b>, the number of vessels that navigated Russia&rsquo;s Northern Sea Route last year, up from 19 in 2016.&nbsp;<a data-linkto="https://" href="https://click.e.economist.com/?qs=2bcf5731b8e8e7fe95f9ede04f7257025eda8d4227e19b7917234f85d79a42cb6e932a09f677ec4adb1d572293d54a04e0d2c94e80804b2a" style="text-decoration:none;" title="Read the full story">Read the full story</a>.</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 style="padding:0 16px 24px 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="background-color: transparent; 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