To envision the future of crypto, I keep trying different analytical tools. This time around the concept of relevance is focality, by which I mean the part of the system at which consumers direct their attention. Focality could determine whether crypto ushers in an era of dystopian inequality, or whether most of its benefits accrue to broader society. That all ...

Watching Vladimir Putin at his year-end press conference, one is tempted to ask What is the Russian president’s future plan. Here is a man leading a country that in the last few months has amassed tens of thousands of soldiers and advanced military equipment on Ukraine’s border, now asserting that it is Ukraine which is planning an invasion of Russia. ...

  Bloomberg Airbus SE is on track to meet its 600-jet delivery goal for 2021, according to people familiar with the situation, though holdups with the handover of some wide-body aircraft have complicated the issue. As of mid-December the European planemaker had shipped around half of the 82 jets it must deliver this month to meet the full-year goal, according ...