United CEO expects gradual fare increases in 2027 as demand stays strong

USD/JPY appreciates after registering modest losses in the previous day, trading around 158.50 during the Asian hours on Thursday. The currency pair gains ground as the Japanese Yen (JPY) struggles under the weight of wide interest rate differentials, mounting fiscal concerns, and elevated costs for energy and imported goods. Japan’s Merchandise Trade Balance Total showed…

A clear-eyed view of past experience shows that where wealth taxes have been tried, they have usually been abandoned—and for good reason. As policymakers in California, New York, France, and elsewhere revisit this old idea, they should heed the lessons of this history. MADRID—Around the world, wealth taxes have become a major topic of political…

We gratefully acknowledge financial support from Boston University’s Global Development Policy Center, the Institute for Humane Studies, Fonds de recherche du Quebec, Social Sciences and Humanities Research Council of Canada, and the MIT Blueprint Labs. For useful comments and suggestions, we thank seminar participants at UCLA, Universidad de Chile, Universidad de Buenos Aires, University of…

en English Economics Aug 12, 2026 Minxin Pei Zhu Rongji’s personal history and political challenges made it highly unlikely that he would rise to the pinnacle of Chinese politics. Once there, he implemented many of the reforms that turned the country into…

As aid flows decline, more countries are articulating a new vision in which health financing would build on national resources, answer to domestic priorities, and remain accountable to their own citizens. Such a change is long overdue, and it can be achieved by pursuing reforms in three areas. ABUJA—Global health financing has long reflected…