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We now have the first post-neoliberal administration in power in Washington. The Biden administration has explicitly disavowed all aspects of neoliberalism, including the assumptions about free trade and the alleged efficiency of outsourcing, the lack of support for trade unions, and the bipartisan contempt for industrial policy … Biden managed to get through Congress the most expansive technology and industrial policies since World War II.2

The respected London newspaper Financial Times ran with the following headline last week: “The discreet U.S. campaign to defend Brazil’s election.” The

A curated weekday guide to major national security news and developments over the past 24 hours.

The S&P500 jumped 4.0% this week, boosting the index’s two-week rally to 8.9%. UK 10-year gilt yields sank 58 bps this week to 3.78%, with yields down 116 bps from October 12th highs.

UK Tory MPs question chancellor Kwasi Kwarteng’s future as market turmoil continues