The revised economic outlook


The world this week

  • Politics


Leaders

MAGAlomania

Donald Trump’s economic delusions are already hurting America

The president and reality are drifting apart

The death of giving

The demise of foreign aid offers an opportunity

Donors should focus on what works. Much aid currently does not

Friedrich Merz speaks during a press conference on planned major investments, in Berlin, Germany on March 4th 2025

Well done, Mr Merz

A fantastic start for Friedrich Merz

The incoming chancellor signals massive increases in defence and infrastructure spending

A Team Dover Airman loads weapons cargo bound for Ukraine onto a C-17 Globemaster III during a security assistance mission at Dover Air Force Base, Delaware

America and Ukraine

The lesson from Trump’s Ukrainian weapons freeze

And the grim choice facing Volodymyr Zelensky

Interim President Ahmed al-Sharaa talks to attendees during a national dialogue, in Damascus, Syria, February 25th 2025

Helping Syrians

Lifting sanctions on Syria seems mad, until you consider the alternative

Without a reprieve, the country will become a failed state


Letters

On America and Europe, artificial intelligence, building development, Japan, book blurbs, the penny

Letters to the editor


By Invitation


Briefing

A young girl poses with an HTS fighter and his AK-47 in Damascus

New regime, old problems

Syria has got rid of Bashar al-Assad, but not sectarian tensions

Its new rulers seem torn between reassuring minorities and appeasing their jihadist base

A long queue outside a bakery in Damascus

Liberty, poverty, asphyxiation

Syria’s economy, still strangled by sanctions, is on its knees

It will not improve until they are lifted


Economic & financial indicators