Leaders

The centre can hold

The Economist’s country of the year for 2023

It is possible to enact painful economic reforms and still get re-elected

A dismal year for the dismal science

Economists had a dreadful 2023

Mistaken recession calls were just part of it

Santa tech

Technology is helping Santa Claus come to town more efficiently

A letter to shareholders of Father Christmas Global Inc

Cooler heads, calmer words

How to detoxify the politics of migration

Doom-mongers on both the left and the right are wrong

Maritime mayhem

The US Navy confronts a new Suez crisis

Houthi attacks on Red Sea shipping threaten global trade

Land of confusion

Why Congo’s chaotic election matters

The country is a vortex of instability at the heart of Africa

Wobbly in Tehran

Iran’s regime is weaker than it looks, and therefore more pliable

America should deter it from escalating the Gaza war, but also engage with it

Metropolished

London’s resilience is a lesson to policymakers everywhere

The virtues of services, scale and immigration are on full display

Adrift

Rishi Sunak’s strategic genius

The Rwanda policy is bad. But the Conservatives are the real problem

The media and the message

Can you have a healthy democracy without a common set of facts?

America’s presidential election is a test of that proposition

The Powell pivot

The Fed gives in to the clamour for looser money

Its doveish policymaking looks premature—and leaves Europe’s central banks in an awkward spot

Green shoots

In a first, COP28 targets the root cause of climate change

Now to turn diplomacy into action