North Korea’s communist regime has long functioned as a faith, repurposing Christian doctrine and imagery to deify its founder, Kim Il-sung, and his descendants. A new book traces how those religious influences transformed the Kim dynasty’s personality cult into a system that has endured across three generations.
Accelerating yield hikes fuel capital repatriation, threatening to drive up USD debt issuance costs. Japan’s rapidly rising interest rates are providing another significant variable for corporate treasurers with upcoming bond offerings or refinancings to monitor. While the deluge of debt issued by so-called hyperscalers has yet to increase other companies’ borrowing costs, it’s critical for…
Shares of Apple (AAPL +3.95%) jumped to a record high on Wednesday, following some positive developments for the tech titan. Image source: The Motley Fool. More AI models could be coming to the iPhone On Tuesday, CNBC reported that Apple was evaluating innovative technology that could shrink large artificial intelligence (AI) models to run directly…
US August prelim UMich consumer sentiment 51.0 vs 54.5 expected !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Social Security’s cost-of-living adjustment could be as much as 3.6% in 2027.
Innovation Jul 13, 2026 Ana Palacio AI governance must account for everything from the technology’s material requirements to its effects on communities, businesses, labor markets, the environment, and strategic competition. To this end, a framework of verification-based trust—broader than national regulation and…
Can fintech bridge Colombia’s financial gap? Recent policy shifts and new leadership suggest it can. This article appears in the July/August issue of Global Finance Magazine. After several years of subdued growth, weighed down by weak fixed investment, high borrowing costs, persistent productivity constraints, and a complex political environment, Colombia’s next growth story is taking…
SEOUL—US President Donald Trump’s latest effort to re-engage with North Korean dictator Kim Jong-un has strained relations with South Korea and deepened the growing conviction in Asia that the United States is an unpredictable ally. By curtailing joint military exercises with South Korea, Trump has risked creating greater instability in a volatile region. Not even Chinese President Xi Jinping will be pleased, because Kim seems almost certain to interpret Trump’s move as empowering his efforts to secure greater independence from China.