THIS may seem an odd moment to make the claim, but Britain is a country in the grip of a modernising frenzy. The outside world may see an unvarying kingdom of royal weddings, golden carriages and clip-clopping Horse Guards, with a young prime minister drawn from the old Establishment. But strip away the pageantry, and David Cameron's Conservative-Liberal Democrat coalition is proposing radical cha

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The Cable: U.S. officials see chaos in Japanese decision making

Accelerating into troubleThe company’s problems sharply illustrate the failings of Japanese corporate governance Reuters IT IS hard to overstate the importance of Toyota in Japan's business psyche. The company has long been regarded as the pinnacle of Japanese innovation, manufacturing quality and industrial strength—particularly since it overtook General Motors in 2008 to become the world's bigge

Reuters Weighed down IT IS one of the hottest shows in town. People queue up, replace their shoes with slippers, and enter a gymnasium where TV cameras are filming. What they have come to see looks like “Dragons' Den”, a popular TV show. But bureaucrats, not entrepreneurs, are the ones begging for cash to fund their pet projects. And politicians give the thumbs up or down. This is budget-balancing

WASHINGTON � President Obama will arrive in Tokyo on Friday, at a time when America’s relations with Japan are at their most contentious since the trade wars of the 1990s � and back then, the fights were over luxury cars and semiconductors, not over whether the two countries should re-examine their half-century-old strategic relationship. When Japan’s Democratic Party came to power in September, e

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OpinionLeadersLetters to the editorBy InvitationCurrent topicsIsrael and HamasWar in UkraineUS elections 2024The World Ahead 2024Climate changeCoronavirusThe world economyThe Economist explainsArtificial intelligenceCurrent topicsIsrael and HamasWar in UkraineUS elections 2024The World Ahead 2024Climate changeCoronavirusThe world economyThe Economist explainsArtificial intelligenceWorldThe world t

Matthew Sepi, left, shot two people, one fatally, after he was confronted in a Las Vegas alley in 2005. Seth Strasburg, right, is serving a prison term of 22 to 36 years for shooting and killing Thomas Tiffany Varney on Dec. 31, 2005.Credit...Left, Jae C. Hong/Associated Press; Right, Nicole Bengiveno/The New York Times Late one night in the summer of 2005, Matthew Sepi, a 20-year-old Iraq combat