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Stalemate, decline, and industrial resolve

Subscribe now with a one-month trial for only $1, then enjoy the first year at an exclusive rate of just $99. Kyiv’s red lines keep Ukraine war locked in stalemate James Davis reports that US–Ukraine talks failed as Kyiv rejected territorial concessions and sought security

Indonesia among big losers of the end of cheap yen

The Bank of Japan’s interest rate hike, raising the benchmark rate to its highest level in 30 years, was the tremor Indonesia had long feared but hoped to delay. By increasing its short-term rate to 0.75%, BOJ governor Kazuo Ueda has done more than stabilize the yen; he has