Guardian Weekly

The Guardian Weekly takes you beyond the headlines to give you a deeper understanding of the issues that really matter. Subscribe today and take your time over handpicked articles from the Guardian and Observer, delivered to your door wherever you are in the world. Or, you could even gift the Guardian Weekly, so a loved one can enjoy a deeper dive into the issues they truly care about. 20% off annual subscription Visit theguardian.com/gw-dps or scan the QR code Offer is 20% off the annual gifting or standard subscription for 12 months, and 10% off the standard quarterly subscription. Offer not available to current subscribers of Guardian Weekly. You must be 18+ to be eligible for this offer. You must purchase a new Guardian Weekly monthly subscription by 11:59pm GMT on 30/11/2022 to…

The Guardian Weekly Founded in Manchester, England 4 July 1919 Vol208 | Issue № 12 Guardian Weekly is an edited selection of some of the best journalism found in the Guardian and Observer newspapers in the UK and the Guardian’s digital editions in the UK, US and Australia. The weekly magazine has an international focus and three editions: global, Australia and North America. The Guardian was founded in 1821, and Guardian Weekly in 1919. We exist to hold power to account in the name of the public interest, to uphold liberal and progressive values, to fight for the common good, and to build hope. Our values, as laid out by editor CP Scott in 1921, are honesty, integrity, courage, fairness, and a sense of duty to the reader and the community. The Guardian is wholly…

You’d be forgiven for having allowed the collapse of the tech industry lender Silicon Valley Bank, earlier this month, to pass you by. Even the news that SVB’s UK operation had been salvaged in a deal brokered by the British government might not have registered much. But the rescue this week of Switzerland’s second-largest lender Credit Suisse had a more ominous feel to it, a sense of fiscal dominoes cascading slowly into one another. For our big story this week, Anna Isaac and Kalyeena Makortoff report on a week that brought back anxious memories of the 2008 financial crash, while economics editor Larry Elliott argues that only the era of ultra-low interest rates that followed the previous crash has prevented a further correction happening sooner. The big story Page 12 → Chinese president…

1 UNITED STATES Deportations of Russian asylum seekers resume The Biden administration quietly resumed deportations to Russia. Immigration advocates were taken by surprise when a young Russian man, who came to the US fleeing Vladimir Putin’s efforts to mobilise citizens to fight in Ukraine, was abruptly deported last weekend from the US back to Russia. He was among several Russian asylum seekers, many of whom have made their way to the US in the last year, who are now terrified the US government will return them to Russia where they could face prison or be sent rapidly to the frontline, where Russia has seen tens of thousands of casualties. “US Immigration and Customs Enforcement (Ice) remains committed to enforcing immigration laws humanely, effectively and with professionalism,” the federal agency said, adding: “Ice conducts…

ASTRONOMY Space telescope captures rare image of dying star The James Webb space telescope has captured the rare and fleeting phase of a star on the cusp of death. The observation was among the first made by the telescope following its launch in late 2021, but the picture was only released last week. It shows the gas and dust flung into space by the star 15,000 light years away. Shimmering in purple, the castoff material once comprised the star’s outer layer. The Hubble space telescope snapped a shot of the same star a few decades ago, but without the delicate details. “We’ve never seen it like that before. It’s really exciting,” said Macarena Garcia Marin, a European Space Agency scientist from the project. PFAS Toxic ‘forever chemicals’ found in toilet paper All toilet paper from across…

No one in the British government’s Treasury department had expected March to be easy. Last Monday’s economics-heavy review of defence and foreign policy, and the budget that followed two days later, meant that a tough week for its mandarins had already been priced in. But none of them expected to have to sell a bank for £1 ($1.20). That happened last Monday, when Treasury and central bank officials eventually brokered a deal for HSBC to buy the UK arm of Silicon Valley Bank (SVB UK) for a nominal fee – following the collapse of SVB’s California parent. However, a frantic weekend spent trying to salvage the bank, on which much of Britain’s tech sector depended for cashflow, turned out to just be the “warmup act in some ways”, according to a senior…