The real revolution on Wall Street
The world this week

Leaders

Fiscal stimulus
Why Joe Biden’s proposed stimulus is too big
America’s economy needs targeted relief more than indiscriminate spending

Despots v democrats
The meaning of Myanmar’s coup
Attempts to dress up authoritarian regimes as democracies are always bound to fail

Brexit and the City
Access to the EU financial-services market is not worth the price
Being a rule-taker is too big a cost for “equivalence”

The toll on growth
The pandemic could undercut Africa’s precarious progress
Africans need jabs and loans, sharpish
Letters
On Ethiopia, vaccine passports, space debris, Wikipedia
Letters to the editor
Briefing
United States
Class warfare
The struggle over reopening Chicago’s schools
The Americas
The terrible truth
Colombia’s peace tribunal issues a crushing judgment against the FARC
More mice than Mussolinis
Latin America’s year of elections will test the region’s democracies
Asia
Strengthening the shrimp
South Korea is preparing for a lonelier, scarier future
Home, sweet home
Few young Japanese want to study or work abroad
Prevention is better than cure
India’s government is censoring people before they comment
Here’s my QR code
Business cards are going online in Asia
China
Middle East & Africa
Rise of the secularists
Will his alliance with the ultra-Orthodox doom Binyamin Netanyahu?
Broken-down country
What a shortage of cars says about Algeria
Murder, plain and simple
Arab governments are doing too little to end honour killings
At the end of the line
Africa’s recovery from covid-19 will be slow
Europe
Send for the technocrats, again
Mario Draghi is summoned to form Italy’s government
A Muscovite mockery of justice
Russia’s regime is weakened by putting Alexei Navalny in jail
Running out of gas?
Why Germany won’t kill Nord Stream 2
Solitary cinema
A Swedish film festival has just one attendee
Britain
Finance and Brexit
Britain’s financial-services business is divided over “equivalence”
National hero
Remembering Captain Sir Tom Moore
The national mood
Even the successful vaccine roll-out is not improving Britons’ moods
International
Don’t stand so close to me
Even before covid-19, nightclubs were struggling
Business
Driving apart
Daimler Truck and Mercedes-Benz part ways
Too close to the sun
What the fate of HNA Group says about China Inc’s foreign ambitions
Goalless defeat
Why no one wants to broadcast France’s Ligue 1
Life after Jeff
Can Amazon’s next boss fill Jeff Bezos’s supersized boots?
Finance & economics
Transfer of power
A new epoch for retail investors is just beginning
Pay-per trade
High-frequency traders are in the spotlight
Meme team
How WallStreetBets works
Border crossings
Chinese investors’ access to foreign assets expands—a bit
After months of dithering
Germany’s finance minister promises to overhaul financial regulation
Free exchange
How should economists think about biodiversity?
Science & technology
Vaccine manufacture
How vaccines are made, and why it is hard
Viral variants and vaccination
Will variants of SARS-CoV-2 make vaccination harder?
Daughters and divorce
Parents of daughters are more likely to divorce than those with sons
Marine ecology
Deep-ocean plastic is a haven for life
The origin of land animals
A tiny genetic alteration may have let vertebrates leave the sea
Culture
Tales of the city
The volatile history of Karachi
Eco-fiction
A “Moby Dick” for the age of climate change
Who wants to live for ever?
Ageing can be cured—and, in part, it soon will be
The time of their lives
A tag-team reading of “In Search of Lost Time”
Economic & financial indicators
Graphic detail
Sweet memes are made of this
What the favourite stocks of r/wallstreetbets have in common
Obituary
At war with the invisible