Martin Wolf on the ‘Terrifying’ Superpower That the US Wields
The economic commentator on the roots of today’s chaotic moment.
May 14, 2026
Alan Waxman Is a Sports Superinvestor
Alex Rodriguez and Jason Kelly talk with Sixth Street’s Alan Waxman about taking a stake in the New England Patriots, international growth in the NBA and why a historic NWSL expansion fee paid off. (Source: Bloomberg)
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Odd Lots: Martin Wolf on the Roots of Our Recent Chaos (Podcast)
Last year, when we talked to Martin Wolf, the global order seemed like it was being upended after President Trump unveiled his sweeping tariffs against nearly every US trading partner. A lot has happened since then. In fact, April 2025 seems almost quaint when compared to 2026 so far, from the Supreme Court’s tariff ruling to the US-Israel war with Iran. The war’s effect on the world’s economy is at once stunning and utterly strange: even as the prices of major commodities — oil chief among them
Turkey Lifts Year-End Inflation Target to 24%, Citing Iran War
Turkey’s central bank revised its year-end inflation target, citing the effects of higher energy prices resulting from the US-Israeli war on Iran.
China Fuel Demand Under Pressure as Pricier Oil Adds to EV Push
China’s gasoline demand is expected to slide further this year, as the Iran war pushes up oil prices and accelerates a long-term shift away from the internal combustion engine.
China Renews Import Permits for US Beef Plants as Xi, Trump Meet
China has renewed import licenses for hundreds of US beef plants, reviving trade in the meat as the leaders of the world’s two biggest economies meet in Beijing to stabilize commercial and geopolitical relations.
Watches of Switzerland Hits Record Driven by US Watch Collectors
Watches of Switzerland Group Plc revenues surged to a record last year and profit will come in higher than expected after strong sales in the vital US market.
Block Deal Surge Signals Revival in India Equity Capital Market
A flurry of block trades is indicating that India’s equity capital markets may be in the early stages of a revival after a subdued year so far.
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My wife and I retired with 22 times our income. Why don’t more people do what we did?
“The vast majority of people I’ve known are intimidated by money’s power, imbue it with almost magical qualities.”