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Ukraine’s army is winning but its economy is losing

My first visit to Kyiv since the Russian invasion in February coincided with a major Ukrainian military success in the east of the country, where Kupyansk and Izyum were liberated and Russian troops routed. However, the government of President Volodymyr Zelenskiy is too smart to celebrate one successful battle when there is a war to be won against a still-formidable ...

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Can Japan love foreign tourists again?

Japan looks like it may finally open its borders and end its splendid isolation. The key question is: Can it learn to love foreign tourists again? After a series of head fake border re-openings this year which promised more than they delivered, a report that Japan would scrap most restrictions on tourists was the big one. If realised, the plans ...

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Can you make an EV without losing billions?

  New electric models from Rivian Automotive Inc and Lucid Group Inc have won rave reviews, but you’ll have to be patient to drive one. Since commencing production one year ago, the two companies have produced only around 10,000 vehicles altogether as of June 30. Compare that with Volkswagen AG, which manufactures twice that every day. As the startups are ...

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