Global Economic Trends and Immigration Insights

The Economist's finance and economics section features various articles discussing global economic issues, including Argentina's economic struggles, the impact of guest-worker schemes on immigration, and the effects of the trade war on the world economy. Other topics include the decline of American women's participation in the labor force, the Indian microfinance crisis, and the concerns of Wall Street bankers. The articles analyze these issues from different perspectives, providing insights into the complexities of the global economy.

Italian Prime Minister Giorgia Meloni is celebrating three years in power with her conservative Brothers of Italy party in a strong position. Despite economic challenges, Meloni's government has maintained stability. Italy has overtaken the UK in GDP per capita at purchasing-power parity, although nominal GDP per person remains 27% lower. The article discusses Meloni's political success and the country's economic situation.

The article discusses the growing trend of guest-worker schemes in countries like Italy, which are becoming increasingly popular as a way to manage immigration in a populist age. Italy's prime minister, Giorgia Meloni, has been issuing a rising number of low-skilled work visas and has signed a labour-mobility deal with India. The article argues that such schemes offer vast benefits to both host countries and the workers themselves, and that they are being adopted by countries looking to manage immigration in a way that is palatable to their citizens. The article suggests that guest-worker schemes can be a win-win for both the host country and the migrant workers, providing a much-needed workforce while also offering opportunities for economic advancement to the migrants.

The article presents seven lifestyle highlights from recent reporting by the South China Morning Post, including stories on a 79-year-old influencer, a Hongkonger’s overland odyssey, the Tang dynasty's cultural achievements, Hong Kong's pro wrestling scene, ancestral healing, a nostalgic exhibition on Hong Kong's cha chaan teng culture, and the culinary delights of Putian, China.