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The Economist - World News, Politics, Economics, Business & Finance

Authoritative weekly newspaper focusing on international politics and business news and opinion.

  • Bitcoin hits $11,000

    Bitcoin hits $11,000 - Daily chart

    economist.com 29 Nov '17, 3pm

    ALTHOUGH it may defy all reason, it should surprise no one that the price of bitcoin, a cryptocurrency, has just passed $11,000. Bitcoin’s ascent has been dizzying: four days ago it was worth less than $9,000 and a year ago it was worth less than $800. The cryptocurrency has plenty of...

  • The age of the appacus: In #Fintech, China shows the way

    In fintech, China shows the way - The age of the appacus

    economist.com 07 Nov '17, 5pm

    Fintech has started to fill this gap. E-commerce was again the launch-pad: online shopping platforms developed loan services, and are using their customers’ transactions and personal information to create credit scores. (How the government might eventually harvest data for social cont...

  • The bitcoin bubble

    bitcoin bubble - Greater fool theory

    economist.com 01 Nov '17, 3pm

    All this indicates that Bitcoin has reached a new phase. The stockmarket has been trading at high valuations, based on the long-term average of profits, for some time. But there is nothing like the same excitement about shares as there was in the dotcom bubble of 1999-2000. That excit...

  • Not so novel: Bitcoin is fiat money, too

    Bitcoin is fiat money, too

    economist.com 22 Sep '17, 7am

    Distributed ledgers, which borrow private computers from around the world to update the same list of accounts, address one ancient challenge of finance: how to make sure a transaction between two people located far apart is credible to both. Other innovations have done the same. In 17...

  • Virtual vertigo: What if the bitcoin bubble bursts?

    economist.com 01 Jun '17, 3pm

    If bitcoin and the other cryptocurrencies are unlike anything else, what are they? The best comparison may be with the internet and the dotcom boom it created in the late 1990s. Like the internet, cryptocurrencies both embody innovation and give rise to more of it. They are experiment...

  • Bitcoin is fiat money, too

    Bitcoin is fiat money, too

    economist.com 22 Sep '17, 5am

    Distributed ledgers, which borrow private computers from around the world to update the same list of accounts, address one ancient challenge of finance: how to make sure a transaction between two people located far apart is credible to both. Other innovations have done the same. In 17...

  • President Kagame wants his country to be the "Singapore of Africa"

    Paul Kagame, feted and feared

    economist.com 17 Jul '17, 5am

    The run-up to the election illustrates how narrow is the space for dissent. No independent media are tolerated (though foreign journalists can visit easily enough). Opposition candidates are allowed, but barely permitted to campaign. One of Mr Kagame’s opponents is Diane Rwigara, whos...

  • Careers

    economist.com 10 Sep '17, 7am

    Sections Latest updates Leaders Briefing United States The Americas Asia China Middle East and Africa Europe Britain International Business Finance and economics Science and technology Books and arts Obituary Special report Technology Quarterly Debates Media Audio edition Economist Fi...

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