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Will renting iPhones help save planet?

In 2015, German entrepreneur Michael Cassau was in need of some gadgets for an apartment he was planning to occupy for a few months. Buying seemed wasteful, considering the cost of new devices and the environmental impact associated with manufacturing new ones. But renting, an obvious option, simply wasn’t available. So Cassau founded Grover Group, a gadget rental company based ...

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The dollar system is China’s Hotel California

  It’s an idea that won’t lie down. US-led sanctions against Russia and the threat that they could ensnare China will prompt Beijing to elevate the international role of the yuan, potentially marking a turning point for the global financial order. Dream on. The structural impediments to the Chinese currency challenging the dollar’s dominance are so great that it’s surprising ...

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Boris Johnson won’t find refuge in Rwanda

  We want our governments to be creative in solving intractable problems. But the new British policy of sending asylum seekers 4,000 miles away to Rwanda doesn’t count as the “innovative” answer to people-smuggling that Prime Minister Boris Johnson and Home Secretary Priti Patel claim. Patel has faced constant criticism over her failure to tackle the problem of migrants crossing ...

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