China’s many systemic problems dominate its outlook for 2024 | George Magnus

Japan’s example 30 years ago shows islands of excellence can combine with deep structural imbalances There were contrasting reactions when the US rating agency Moody’s downgraded China’s A1 credit rating outlook from stable to negative last month. Financial markets, focused on the economy, paid it barely any attention. Chinese state media, looking at the politics, … Read more

Man killed in shark attack in Hawaii

Man, identified in local media as Jason Carter, died in Maui after rescue attempt, police say A shark attack has killed a man at a spot popular with swimmers and surfers in Hawaii despite a rescue attempt, local police said. In a statement Maui police said a 39-year-old man had died after being brought back … Read more

‘A formulaic game’: former officials say Trump’s attacks threaten rule of law

Ex-president has made increasingly conspiratorial and authoritarian broadsides against prosecutors pursuing him As Donald Trump faces 91 felony counts with four trials slated for 2024, including two tied to his drives to overturn his 2020 election loss, his attacks on prosecutors are increasingly conspiratorial and authoritarian in style and threaten the rule of law, say … Read more

PGA Tour confirms talks with LIV and DP World Tour extended into 2024

Framework was supposed to agreed before end of 2023Involvement of private equity groups has slowed process Negotiations between the PGA Tour, DP World Tour and Saudi Arabia’s Public Investment Fund (PIF) have been extended beyond the original deadline of 31 December. A framework agreement between the organisations, which stunned the world of men’s professional golf, … Read more

Five big fights facing Congress in 2024

Congress has a lot to do in 2024: prevent two government shutdowns, pass aid for Ukraine and Israel and make a decision about impeaching President Joe Biden.