The return of the carry trade

Not long ago, it looked like the best days of Eli Lilly were behind it. But tirzepatide, adrug for diabetes and obesity, has sent the 148-year-old pharma giant on awild ride. It’s now the ninth most valuable company in the world.

CHINA’S GROWING PRESENCE IN THE ARCTIC IS INFLAMING TENSIONS WITH THE US

BEFORE HE BECAME ARGUABLY THE MOST popular head of state in the world, Nayib Bukele was an adman. The President of El Salvador has branded himself the “world’s coolest dictator” and a “philosopher kin