Goldman Sags

The world this week

Leaders

Goldman sags

The humbling of Goldman Sachs

The struggle to reinvent a firm trapped by its own mythology

Polycrisis or polyrecovery?

The world economy’s inflation problem is easing

But recession is still likely

Unfinished apartment buildings stand at a residential complex developed by Jiadengbao Real Estate in Guilin, Guangxi Zhuang Autonomous Region, China September 17, 2022. REUTERS/Eduardo Baptista

Rescue and repeat

China’s property slump is easing, but the relief will be short-lived

Without reforms, the sector is doomed to cycles of boom and bust

A vehicle is pictured on a production line at Vauxhall car factory in Ellesmere Port, Britain July 6, 2021. REUTERS/Phil Noble - RC2ZEO9A0DYE

Handouts and arms races

What should Britain’s industrial strategy be?

Money matters a lot less than decent government

CAIRO, EGYPT - DECEMBER 30: A general view of the Friday market in Cairo's City of the Dead “Souq al-Goma’a” on December 30, 2022 in Cairo, Egypt. The most famous market in Egypt is visited by hundreds of Egyptians of all classes, for sale and purchase, the area surrounded by tombs on all sides, the market is held on its land, near Sayeda Aisha Square. (Photo by Fadel Dawod/Getty Images)

Debt on the Nile

To save Egypt’s economy, get the army out of it

Donors should not keep bailing out a state that enriches men in khaki

Letters

On Poland and Germany, Turkey, physical education, Britain’s economy, historical inflation, Prince Harry, retirement

Letters to the editor

Briefing

Vampire squib

How Goldman Sachs went from apex predator to Wall Street laggard

Its attempts to diversify out of volatile businesses and into consumer lending have disappointed

Britain

UK. Sunderland. Nissan car plant.(From 'Open for Business')June 2013.

Birds of a Pennyfeather  

Rishi Sunak’s hapless government 

How was it for you?

How to conduct a sex survey

Economic & financial indicators

Graphic detail

The Economist explains