The new Germany

The world this week

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Leaders

The new Germany

Thanks to Vladimir Putin, Germany has woken up

Less starry-eyed policies on security and energy should help it lead Europe

In this photo released by Xinhua News Agency, an air force pilot from the Eastern Theater Command of the Chinese People's Liberation Army (PLA) looks as they conduct a joint combat training exercises around the Taiwan Island on Sunday, Aug. 7, 2022. China said Monday it was extending threatening military exercises surrounding Taiwan that have disrupted shipping and air traffic and substantially raised concerns about the potential for conflict in a region crucial to global trade. (Wang Xinchao/Xinhua via AP)

Target: Taiwan

How to prevent a war between America and China over Taiwan

It is becoming ever harder

United States President Joe Biden talks to members of the press as he walks on the South Lawn of the White House before boarding Marine One, on August 7, 2022 in Washington, DC. Biden is traveling to Rehoboth Beach, Delaware, after he tested negative from COVID 19. Credit: Oliver Contreras / Pool via CNP

The Inflation Reduction Act

America’s climate-plus spending bill is flawed but essential

The green policies and drug reforms in the Inflation Reduction Act are big victories

MILFORD HAVEN, WALES - MARCH 30: A general view of the Valero Pembroke Refinery on March 30, 2022 in Milford Haven, United Kingdom. The Valero Pembroke Refinery processes primarily crude oils into diesel, jet fuel, gasoline, heating oil and low-sulfur fuel oil, outputting 270,000 barrels a day. Energy and fuel bills are rising in the UK due to a combination of factors. Russia's war on Ukraine has increased global oil prices which affects increases at the fuel pump but energy bills are going up because the energy price cap - the maximum price suppliers in England, Wales and Scotland can charge households - is being raised from April 1st. (Photo by Matthew Horwood/Getty Images)

Crunch time

How to help with energy bills

There are better, fairer and cheaper ways than meddling with prices

Lifelines of credit

The unexpected lesson of Ghana’s 17th IMF bail-out

It pays to ask for help early and often

Letters

On ESG investing, currency conversions, carp, hydrogen, alien life

Letters to the editor

By Invitation

Briefing

Schafft Deutschland das?

Germany is facing dramatic change in many dimensions all at once

It will not be easy to handle

International

Economic & financial indicators

The Economist explains