Africa’s Energy Curse Is a Political Choice
LIBREVILLE/LOS ANGELES—Africa is facing one of the world’s great energy windfalls. The continent holds roughly 125 billion barrels of confirmed oil reserves and more than 620 trillion cubic feet of natural gas, implying vast additional deposits still waiting to be discovered. At the same time, some 600 million Africans have no electricity at home, and this figure has not fallen since the COVID-19 pandemic. On current trends, it will still exceed a half-billion in 2030.
Politics 4 The Strong Suffer What They Must Harold James marvels at the major powers’ loss of credibility, military prowess, and international influence.
The Strong Suffer What They Must
Carl Court/Getty Images Longer Reads 1 What Ukraine’s Success Means for the West Chrystia Freeland Many Western experts, if not most, got the Ukraine war wrong from the very beginning (some still do). One lesson from the dynamism and sheer chutzpah that has characterized Ukrainians' fight for survival is that we live in an age of technological marvels and political failures. thinks the important lesson for democracies to draw is not to lose confidence in themselves.
What Ukraine’s Success Means for the West
Many Western experts, if not most, got the Ukraine war wrong from the very beginning (some still do). One lesson from the dynamism and sheer chutzpah that has characterized Ukrainians' fight for survival is that we live in an age of technological marvels and political failures.
Economics 0 Why Business Leaders Are Souring on AI Dambisa Moyo Companies have poured billions of dollars into AI in anticipation of transformative productivity gains and cost savings, but the returns have yet to justify those investments. Rising costs, intellectual-property risks, and mounting cybersecurity threats call for a more disciplined approach to AI adoption. outlines four steps that firms should take before committing even more resources to AI.
Why Business Leaders Are Souring on AI
Companies have poured billions of dollars into AI in anticipation of transformative productivity gains and cost savings, but the returns have........
