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Talking nice
Australia and China are on speaking terms again
Both countries sound friendlier, but Australia is not changing its security policies
Read more: Australia is battling China for influence in the Pacific
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The Economist explains
The flaws in Europe’s deal to ration gas
A meagre cut to gas consumption will not solve the continent’s problems
Through the floor
Recession fears weigh on commercial property
Prices are set to subside as investors rethink their portfolios
Bagehot
The Conservative Party is ridiculing part of its electorate
Its electoral coalition includes liberals and Europhiles. Many do not see the funny side
Daily chart
Britain’s Tories are overwhelmingly male, pale and stale
But on social issues their views are pretty close to the wider electorate
Buttonwood
The Fed put morphs into a Fed call
The once-benevolent central bank now looks vengeful for markets
What is mission command?
Democracy and freedom can play a role in military effectiveness
Derailed
American public transport faces a post-pandemic reckoning
Temporary problems risk permanently putting many passengers off
A Mexican century
Diana Kennedy devoted her life to chronicling Mexican cuisine
The forthright and indefatigable food writer died on July 24th, aged 99
Babbage
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