Mario Draghi’s appointment as prime minister of Italy has consequences that go way beyond his own country. The man who’s credited with saving the euro in 2012 has some very clear ideas about the future of the monetary union. As he returns to Europe’s top table, he has a chance to put them into practice. The former European Central Bank ...

If Treasury Secretary Janet Yellen means anything to business, labour and the world right now, it is as the avatar of the moral that luck is what happens when preparation meets opportunity. Yellen, who was the only female chair of the 108-year-old Federal Reserve, has never done anything without exceptional due diligence. Her best-in-class career delivering financial stability bodes well ...

Researchers estimate that about four out of five Covid-19 patients suffer a partial or total loss of smell, a condition known as anosmia. Many have no other symptoms. And no, it’s got nothing to do with stuffy noses; it’s all about the havoc the coronavirus wreaks on our nervous systems. Many patients recover their olfaction quickly. Others smell less than ...