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  Turkey’s Second Act Ekrem Imamoglu December 11, 2025 Protesting the arrest of Mayor Ekrem Imamoglu in Istanbul, September 2025 Umit Bektas / Reuters EKREM IMAMOGLU  is the presidential candidate of Turkey’s Republican People’s Party. He served as Mayor of Istanbul from 2019 until his arrest on March 19, 2025. As the Turkish Republic enters its second century, the world around it has become more complicated and less forgiving than ever before. The order that anchored global politics for decades is giving way to new centers of power, and crises are extending across borders. Populist threats to democracy and energy, climate, migration, and security challenges are intertwining in ways that test the capacity of governments everywhere. For  Turkey , a country that sits on two continents and near several conflicts, meeting the moment requires a steady hand: stability and freedom at home, and clear direction in its dealings abroad. But that is not what the Turkish government is...
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  Duello Cina-Usa, adesso Pechino rallenta: la crescita cinese «costa» di più di quella americana, ecco perché di   Federico Rampini Ascolta l'articolo 6 min i Nell’ultimo decennio il forte trend di crescita del Pil di Pechino si è fermato. I motivi? Per ogni aumento di Pil cinese ci vogliono il doppio dei capitali e il quadruplo della manodopera, rispetto allo stesso aumento del Pil Usa. Eppure... Più che rincorrere i dati congiunturali da un mese all’altro, è utile the big picture, il quadro complessivo, in un’ottica di lungo periodo.  Il sorpasso cinese sull’America è scomparso dall’orizzonte .  L’inversione di marcia è tanto clamorosa quanto ignorata . Gli anni dal 2010 hanno visto fermarsi la rincorsa della Cina, come di quasi tutti gli emergenti. Gli anni dal 2020 hanno visto l’America allungare il distacco. Perché a questo cambiamento di trend non corrisponde un aggiornamento della nostra narrazione?  Primo,  esiste una «vischiosità delle teorie» : q...
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  Opinion | America’s Debt Problem Is Worse Than You’ve Heard Credit... Photo Illustration by Philotheus Nisch for The New York Times Those easy times are over. Foreign governments now make up less than 15 percent of the overall Treasury market. While they still hold roughly the same dollar amount of Treasuries as they did 15 years ago, foreign governments’ purchases haven’t kept pace with the growth in U.S. debt. At the same time, the Fed has reduced its Treasury holdings by roughly $1.5 trillion over the past few years. So far, the Treasury market has coped pretty well. Private investors have stepped in — a testament to the strength and size of our debt market. Yet the Treasury market is now more exposed to profit-driven market forces than before, and the country has high amounts of debt, making upswings in interest rates and changes in other borrowing terms very costly. As we sustain and potentially grow our extraordinary deficits, the return of the private sector into our debt ...
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  From the Shadows to Power: How the Hindu Right Reshaped India Over the year, the reporters spoke to the group’s leaders, attended its conclaves and visited grass-root cells as it prepared to mark its centenary. Dec. 26, 2025 Updated  4:32 a.m. ET In Prime Minister Narendra Modi’s most important speech of the year, his annual Independence Day address in August, he used the stage to honor the group that changed his life and is remaking India. That it was Mr. Modi’s most forceful and public nod in his 11 years in office to the Rashtriya Swayamsevak Sangh — the far-right Hindu nationalist group known as the R.S.S., which had  molded his personal and professional life  since he was a young boy — was a reflection of what a king-making power the group has become as it celebrated its 100th anniversary this year. The R.S.S. originated as a shadowy cabal for the revival of Hindu pride after a long history of Muslim invasions and colonial rule in India, its early leaders open...
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