“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM

We are in a real-life game of Risk. In 2019, Fiona Hill, an official at the US National Security Council during Donald Trump’s first term, said the Russians had informally proposed a plan whereby they

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Two points: that’s how close Max Verstappen came to equalling Michael Schumacher’s feat of winning five consecutive Formula 1 world championships, despite having fallen more than 100 points behind in

About a quarter of the size it used to be. Venezuela has the world’s biggest proven reserves of oil, estimated at more than 300 billion barrels, or around 17% of the global total. The oil lies onshore

Perhaps the defining automotive rivalry of the 21st century came in 2013 with the arrival of a ‘Holy Trinity’ of hybrid hypercars – the Ferrari LaFerrari, McLaren P1 and Porsche 918 Spyder – when thre