Economists have stopped waiting for interest rates to drop because it doesn’t seem to be coming. The upward pressure on long-term bond yields suggests that this situation could last for a while. How should the world adjust? Israel’s economy might be in good enough shape to withstand the next few months, but a longer war won’t come cheap (12:00). And, Jilly Cooper’s sexy new book (18:55).
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The Intelligence: higher-for-longer interest rates

Get a daily burst of illumination from The Economist’s worldwide network of correspondents. Our reporters dig past the headlines to get to the stories beneath—and to stories that aren’t making headlines, but should be. A unique perspective on the issues and events shaping your world.
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The former president was found guilty on all 34 charges of falsifying business records. But his convictions leave lots of room for appeals, and for supporters to cry foul. South Africa’s ruling party is set to lose its majority in its worst electoral performance since Nelson Mandela’s victory. What might a coalition look like (09:28)? And, we say goodbye to Ore (17:08).
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Out on a ledger: Trump convicted

Ahead of a general election in July, we reflect on 14 years of Conservative rule. It’s not a great record, but will the prime minister be able to spin it on the campaign trail? Latin America is still being torn apart by some of the world’s worst gang violence. Why aren’t countermeasures working (10:26)? And how climate change is making our days ever so slightly longer (20:03).
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The Intelligence: Rishi Sunak’s report card

Horrific images of charred bodies being pulled from the rubble in Gaza drew outcry, and more countries are recognising the Palestinian state. Israel is becoming more isolated as a result, and Binyamin Netanyahu’s lack of a postwar plan is threatening his government. The growing electoral power of Mexico’s diaspora ahead of the country’s upcoming elections (11:45). And, come with us for a game of lawn bowls (19:38).
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The Intelligence: Strikes on Rafah

The IAEA is charged with promoting the peaceful use of atomic energy. But with uncertainty in Iran and a delicate situation in Ukraine, can the organisation still keep risks under control? The world’s most important diamond company is in trouble. Could selling out save them (10:31)? And, a look at Russia’s low-tech tank defences (16:51)
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The Intelligence: An interview with the director of the IAEA

Apple and Alphabet operate what is in effect a smartphone-app duopoly. Governments want to curb their power, but it is not clear whether more competition would change things. We ask why India’s election is so eye-wateringly expensive; the country’s size is not the only answer (08:59). And new approaches in the old fight against swarms of locusts (14:07).
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The Intelligence: higher-for-longer interest rates

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