Government had already cut $2.2bn in funding to university and US president threatened to scrap its tax-exempt status
We now seem unable to turn the surplus in some countries into productive investment elsewhere
And other reflections on a proposed US capital control
As the president launches a trade war, follow the latest on tariffs and executive orders
Chinese president offers greater co-operation with Latin American countries
Japanese tech investment group says multiple sites in Texas are being prepared for launch of Stargate AI project
Also in this newsletter: can the EU build a ‘digital Airbus’?
The US is the biggest market for prescription drugs, accounting for roughly $600bn of annual sales out of a global $1tn or so
As marathon training picks up, here are some clubs where you can network, make friends?.?.?.?and run
From a slick concierge-serviced apartment downtown to a sprawling 10-acre estate an hour from the city
Equities, dollar and oil advance after world’s biggest economies reduce punitive levies
Handover of Edan Alexander comes ahead of Donald Trump’s trip to Gulf
Libertarian’s split with former president Mauricio Macri turns Buenos Aires into conservative battleground
Palestinian militant group’s move comes as Donald Trump prepares to visit the Middle East this week
Unusual swings in markets and consensus economic narratives point to longer-term forces
Proposed legislation in Sacramento aims to disrupt liberalisation of US legal market
Removing inefficiencies at home is even more important in a trade war
A years-long drought in the American west has dried up grazing lands and created a shortage of calves
Colombian plan to join Beijing’s Belt and Road Initiative triggers threat from Washington
Film industry says the president’s vague plan for levies on foreign production would do more harm than good
Under threat from the Trump administration, the MTA’s high-tech nerve centre is focused on keeping the city moving
With three or even four significant wars raging, who can doubt the dangers of this period?
Chief executive Scott Kirby’s reputation for frank talking has won investor plaudits and helped boost the airline’s shares
Examining the CDS entrails
And Taiwan’s currency
