Elite Capture, Meritocracy and Social Stability: Evidence from the Chinese Imperial Examinations

We all know Meta Platforms (META 2.79%) as the ubiquitous social networking ecosystem. Investors are also familiar with its booming digital advertising platform. But there’s something else that’s moving the needle these days. As of July 16, Meta shares are up 21% this month. This stellar performance is better than all the other Magnificent Seven…

Governments around the world have spent decades outsourcing their ability to think to expensive consultants, gradually ceding the knowledge and judgment needed to govern effectively. AI may now offer a way to reverse that trend, and Gulf countries are providing an early glimpse of what that may look like.

Minutes Item 1 – Introduction The Chair opened the meeting, thanking members for sending across their wildlife nominations. The Chair provided an overview of the previous meeting including reiterating the Bank’s objectives for secure banknote design and reminding members about the suggested guidance discussed at the previous meeting. The Panel discussed the response to the…

The US Dollar trades slightly lower on Wednesday as markets remain cautious amid escalating tensions surrounding Iran and the Strait of Hormuz. The US Dollar Index (DXY) slips toward 101.10, helping the Euro recover modestly, while most other major currency pairs remain relatively stable. Risk sentiment remains fragile after US President Donald Trump warned that…

TIOmarkets has launched its new mobile trading & investing app, a major digital release designed to bring the trading journey, client area and account management experience into one streamlined mobile destination. The app intends to address one of the most common pain points in online trading: the fragmented user journey. Traders often move between platforms,…

en English Human Development Jul 6, 2026 Daron Acemoglu Genetic-engineering tools with which to design one’s progeny already exist, and they are being made even more potent with AI—at least for those who can afford such services. In the absence of policy…