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When you are in the views business, you risk having your neck “chopped from time to time”, as one former Economist editor vividly put it. Alas, we stuck our neck out arguing that oil prices would stay high through the year, and we were wrong. Sorry for the blunder. One thing we can say for certain: there will be more.
This statistic surprised me: in 2025, Chinese companies invested at least $6bn in Brazil, more than they invested in any other country. Chinese EV makers are pouring money into manufacturing and hiring famous Brazilians to promote their cars. According to our report from Rio, their efforts are working.
And today’s episode of The Insider takes stock of America as it approaches its 250th birthday. Our editors assess the health of its democracy and the future of American power. | 
