Headlines

The political black hole over the Strait of Hormuz

The absence of Iran’s supreme leader, doubts about his condition and internal power divisions are turning the country into a failing state — spreading chaos as far as China. What will Beijing do? Iranian regime media have claimed the emerging Iran-Oman deal would let Iran

Asia

California may win chip race while losing productivity one

Silicon Valley built its reputation by making transistors smaller and smaller. For decades, each shrink delivered a predictable payoff: faster computers, cheaper computing power, new products and new industries. Moore’s Law became a self-reinforcing cycle. Lower costs expanded

Asia