Issue

Issue of May 9, 2026

Issue of May 9, 2026

View on economist.com

Headlines

Chair­men of the bored

Briefing · Trump and Xi will struggle to strike a major economic deal

The Board of Trade becomes a gathering of the disengaged — chairmen who are bored, overseeing a board that bores everyone.

●●●●●


Net Ack­man value

Finance & Economics · Can Bill Ackman save the closed-end fund?

NAV — Net Asset Value — meets Bill Ackman, giving the finance acronym a personal possessive twist.

●●●●●


Sub-par

international · America’s submarine dominance is under threat

America’s submarine fleet is literally below standard, and golf’s term for underperformance does double duty underwater.

●●●●●


A farewell to arms?

Briefing · China is pushing Donald Trump for Taiwan concessions

Hemingway’s title repurposed precisely — Trump may literally be saying farewell to arms sales to Taiwan.

●●●●●


Pet­ri­fy­ing dishes

Leaders · The world must stop AI from empowering bioterrorists

Petri dishes are the lab vessels in question; petrifying is what the prospect of bioterrorism does to you — both meanings activated simultaneously.

●●●●●


Et tu, Kash Patel?

international · America must hope Donald Trump is not a new Caligula

Caesar’s dying words meet Trump’s FBI director, deployed right as the column compares Trump to Caligula and his unqualified appointees.

●●●●●


The Son also sets

Business · Only one of Berkshire Hathaway and SoftBank can survive

Masayoshi Son’s empire may be setting like the sun — Hemingway’s title twisted to fit a Japanese tycoon’s twilight.

●●●●●


Ghost town in the shell

Finance & Economics · DeepSeek and Alibaba rescue China’s office landlords

The anime classic ‘Ghost in the Shell’ becomes ‘Ghost town in the shell’ — empty office towers haunting China’s skylines.

●●●●●


Pin­ing for the cold war

Leaders · The Trump-Xi summit will expose a dysfunctional duo

Pining as in yearning, and pine as in the tree — a rare case where the cold-war metaphor and the botanical pun meet in one word.

●●●●○


Put­ting the boat in

international · America’s submarine dominance is under threat

‘Putting the boot in’ — to attack aggressively — becomes ‘putting the boat in’, since the whole article is about submarines going into the water.

●●●●○


Ship show

international · America’s submarine dominance is under threat

‘Shit show’ barely disguised as naval analysis — the Economist’s most printable expletive substitute.

●●●●○


Com­mis­sion impossible

Europe · Inside the Brussels deep state

Mission: Impossible becomes the European Commission’s impossible mission to reclaim relevance from member states.

●●●●○


Javier Milei’s nose­dive

The Americas · Javier Milei is in serious trouble

Milei’s approval ratings are in freefall and his name contains ‘Milei’ — but ‘nosedive’ also captures the libertarian lion who flew too close to the sun.

●●●○○


Buried in the text

For stu­dents of mod­ern cap­it­al­ism, the res­ult­ing book is, you might say, a Musk-read.

Culture · What is Elon Musk’s formula?

Must-read becomes Musk-read — the oldest trick in the Economist’s book, executed with appropriate self-satisfaction.

●●●●●


This column is named after a tree, for Ficus sake.

Asia · The case against trees

The Banyan column invokes its own name as a fig-based expletive — for fig’s sake, naturally.

●●●●●


Amer­ican majors are await­ing his next moves with rising dread, baby, dread.

Business · Not all oil giants are prospering from the Iran war

A riff on ‘drill, baby, drill’ — the energy industry’s rallying cry inverted as oil executives now dread rather than drill.

●●●●○


Lauder’s boss must remem­ber that its prob­lems are far from skin deep.

Business · Can a beauty mega-deal save Estée Lauder?

A beauty company’s problems being ‘far from skin deep’ inverts the cosmetics industry’s entire premise.

●●●●○


may be best described as too much and never un oeuf

Letters · On funding British innovation, the Marquis de Morès, human rights, voter choice, the Victorians, bald men, eggs

Un oeuf = one egg = enough — a letter writer out-punning the Economist on its own egg coverage.

●●●●○


Feck­less ambi­gu­ity does not hold the same prom­ise.

Briefing · China is pushing Donald Trump for Taiwan concessions

‘Strategic ambiguity’ was the policy; ‘feckless ambiguity’ is the diagnosis — a single adjective swap that says everything about Trump’s Taiwan drift.

●●●●○