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FOR SEVEN decades Britons had daily contact with their queen, as they handled notes and coins bearing Elizabeth II's face. When Elizabeth died in September 2022 she was succeeded on [...]

AFTER SAM ALTMAN was sacked from OpenAI in November of 2023, a meme went viral among artificial-intelligence (AI) types on social media. 'What did Ilya see?' it asked, referring to [...]

The enduring value of an analogue technology T HIS IS THE digital age, and the advice to executives is clear. Managers need to have a digital mindset; the organisations they [...]

It was a year ago this month that China experienced the biggest wave of unrest since the Tiananmen Square protests of 1989. Thousands of people, mostly students and youngsters, gathered [...]

Two thatch huts were still smouldering when Daniel Ellsberg and his group reached the village. It took nothing to destroy them; just a Zippo lighter. Children were searching for toys [...]

India's markets are roaring. They also have serious faults F EW STOCKMARKETS flourished in 2022. Strong performers include ones in commodity-exporting countries like Brazil, Indonesia and the Gulf states, which [...]

A good reed A new history of the written word is no plod through dusty libraries W HY DO READERS love books? For wisdom and wit, the lift of comedy [...]

I f you write a book called 'The Honest Truth About Dishonesty', the last thing you want to be linked to is fake data. Yet a paper by Dan Ariely, [...]

P oliticians' private finances are a big political issue in central Europe, as Andrej Babis well knows. Mr Babis, a billionaire who is prime minister of the Czech Republic, faces [...]

Shell companies, tax havens and European politicians POLITICIANS' PRIVATE finances are a big political issue in central Europe, as Andrej Babis well knows. Mr Babis, a billionaire who is prime [...]

Bummer Looming price rises trigger a panic IN ANXIOUS times, political leaders try to assuage fears. So it was this week when William Lai, Taiwan's prime minister, appealed for calm [...]

Confronted with catastrophe, the national government looks increasingly hapless TWO SHORT months ago Narendra Modi's government was one of the most popular and confident in India's history. Now, judging by [...]

A precious commodity Legacies of old laws leave thousands of Zimbabweans stateless BOTSHIWE DUBE gave birth to all seven of her children at her home. This was not because she [...]

Every sheet of paper has its own unique fingerprint A PIECE of paper is a complicated product. Trees are felled, stripped of their bark, chipped, mashed, and then mixed with [...]

Britain belatedly beefs up its borders THROUGHOUT THE covid-19 pandemic, Britain has had some of the loosest travel restrictions in the rich world. It was slow to introduce quarantine, and [...]

Exams are grim, but most alternatives are worse AROUND THE world covid-19 has messed up children's education. They began to be shut out of classrooms all the way back in [...]

Also on the daily podcast: the challenges of greying prison populations and linking would-be elites to political chaos THE COUNTRY has roundly rejected its dictatorship-era charter and mapped out how [...]

Covid-19 has accelerated the adoption of online government services for everything from welfare to weddings FOR KARINA CELIS and her fiancé James, covid-19 could not have come at a worse [...]

It has accelerated the adoption of online services for everything from welfare to weddings FOR KARINA CELIS and her fiancé James, covid-19 could not have come at a worse time. [...]

AMERICA'S FEDERAL RESERVE recognised the disruptive potential of electronic money long ago. 'This is a service which it is expected will be more and more availed of as the ease [...]

THIS COLUMN comes with an unusual warning—the type that is sometimes called a trigger warning. It will mention a word that was once in common usage in parts of the [...]

SINCE 1785 a full English breakfast has been incomplete without a copy of the Times spread across the kitchen table. From June 29th Britons will have the option of listening [...]

THEY ARRIVED together. The first issue of Vedomosti, Russia's leading business newspaper, appeared in September 1999, a month after Vladimir Putin was appointed prime minister and anointed as future president. [...]

Companies are tying their loans to measures of do-goodery EARLIER THIS month WSP, a mid-size Canadian consultancy, announced that it had amended the terms of a loan of $1.2bn. What [...]

When words fail When words fail Drawing is a form of therapy for survivors of atrocities--and a tool of justice ABDUL JABBAR was nine years old when he was given [...]

African countries are struggling to build robust identity systems. That may soon change, thanks to help from an unlikely quarter THE FIRST thing that visitors to the Apartheid Museum in [...]

A new breed of competition regulator takes on the cartels IN OCTOBER Chileans discovered that for ten years they had paid over the odds for toilet paper because of a [...]

Like people, many animals enjoy having a drink every now and again. Rather than sip brandy or Chablis, though, they feed on fermented fruit, but the effects are the same. [...]

The paper and paperboard industry in Europe will undergo drastic changes by the end of the 1990s. Both European and US corporations in Europe have recently acquired European paper companies. One of the main reasons for the increasing amount of acquisitions is the increasing capital-intensiveness of the industry. Nordic firms have been particularly aggressive in acquiring paper companies. The European paper industry will continue to become more concentrated as a result of market pressures and the creation of a single European market.

Jair Bolsonaro is hemmed in by congress, his advisers and his own misjudgments THE PRESIDENTS of Brazil's two houses of congress live side by side in modern mansions in Brasília, [...]

Who might buy the Telegraph? THE IRON LADY, 'strong and bold in character', is made of gin and champagne. At £24 ($31), the cocktail is overpriced. But so is everything [...]

India's hunt for 'illegal immigrants' is aimed at Muslims, many of them citizens AMIT SHAH, India's home minister, calls them 'termites' and 'infiltrators'. The government will hunt them down and [...]

France and Germany are pushing rival models for defence co-operation, but neither is very ambitiousALPHABET SOUP was not on the menu when EU defence ministers met in Bucharest on January [...]

A cheap, portable, printable invention PAPER is said to have been invented in 105AD by a eunuch named Cai Lun, a civil servant in Luoyang, China. Cai used bark from [...]

Notes and queries Notes and queries The curious case of Britain's disappearing banknotes THE claim that Britain is turning into a cashless society has long looked wide of the mark. [...]

A deal to tighten Germany's borders does not resolve Angela Merkel's woes THE drama roiling German politics lately had little to do with the bare facts. Notionally the dispute between [...]

Not as scary as it looks India spends a fortune on defence but wastes much of it IN FEBRUARY India quietly passed a milestone. The release of its annual budget [...]

Corporate investors tend to shy away from commercial paper (CP), though it pays higher yields than government and bank paper, because of the thin market and the greater risk involved. [...]

Local companies are frequent issuers of commercial paper (CP), which may be purchased through the stockmarket or directly from the issuing firm. Companies issuing commercial paper must register with the [...]

Because local companies find that they can borrow at more favourable rates on the euro-franc market, Swiss commercial paper is not available. There is, however, a market for euro-commercial paper [...]

Corporate investors shy away from commercial paper (CP), although it pays higher yields than government and bank paper, because of the thin market and the greater risk involved. The government [...]

Companies may purchase commercial paper (CP), though it is issued only by the most reputable companies in Singapore. Low volumes and limited liquidity make it difficult to use as a [...]

The lack of a secondary market for commercial paper (CP) has limited its development in the Czech Republic. Investor interest (both foreign and domestic) in CP is high-since rates are [...]

The German market for commercial paper (CP)-short-term, unsecured corporate promissory notes-has grown in recent years, but it remains small compared with those of other large economies. Companies still rely on [...]