A strict competition policy is not the barrier to bigger firms

Oil prices have surged to $100 per barrel amid conflict with Iran, creating winners and losers across American businesses as consumers face higher fuel costs.

British dairy farmers face falling milk prices as production rises 5% while demand drops, with technological advances boosting cow productivity but limited processing capacity.

French mayoral elections show the centre can hold against populist extremes, with Socialists winning six of ten biggest cities and Marine Le Pen's National Rally taking only Nice.

Chuck Norris, the martial artist and action star known for films like "Delta Force" and TV series "Walker: Texas Ranger", has died aged 84.

American intelligence agencies assess that China does not plan to invade Taiwan by 2027, but the war in the Middle East may alter Xi Jinping's calculations for later action.

Keir Starmer's deregulation agenda lacks coherent theory as his government considers scrapping the Regulatory Policy Committee, which scrutinises impact assessments.

Water infrastructure in Gulf states faces vulnerability during Middle East conflict, as countries rely heavily on desalination plants within range of Iranian missiles.

查看原文：对唐纳德·特朗普而言，古巴正是伊朗所不具备的一切 - 经济学人

查看原文：一起新的芯片走私案件凸显了出口管制的局限性 - 经济学人

European aerospace firms Airbus, Leonardo and Thales seek to merge their space divisions to compete with Elon Musk's SpaceX, testing new EU merger guidelines.

Also on the daily podcast: a global tour of bottlenecks like the Strait of Hormuz and how animated films got so popular

Our podcast on markets, the economy and business. This week, lessons from Iran’s economic warfare

Britain cuts foreign aid from 0.7% to 0.3% of national income by 2027, reflecting a global shift towards prioritising national interest over altruism in development assistance.

England has replaced EU farm subsidies with payments for environmental activities such as establishing hedgerows and monitoring soil condition.

Donald Trump's intelligence agencies face low morale amid purges, politicisation and reduced influence, despite CIA director John Ratcliffe's claims of success.

查看原文：中国庞大的生猪产业正因自身取得的成功而陷入困境 - 经济学人

查看原文：江胜南是中国政坛中发声最响亮的女性 - 经济学人

Chinese entrepreneurs are flocking to Indonesia, with over 100,000 residence permits issued in 2024, drawn by opportunities in fintech, electric vehicles and consumer brands.

Sergio Luzzatto argues that the Marquis de Morès, a French aristocrat who died in 1896, was the world’s first fascist, predating Benito Mussolini by decades.