Economy and ecologyWe need to deal with regulatory blind spots in the financial system The power of hedge funds and other shadow banks continues to grow – and with it the risk of a renewed crash By Sarah Ganter
Foreign and security policyNo peace without a military victory Real negotiations will only begin again when both Russia and Ukraine conclude that there is more to be gained from a truce than from fighting on By Jana Puglierin
Economy and ecologyDavos man must pay It is time for the World Economic Forum to justify this annual festival of wealth by using their influence to bring about a fairer tax system By Jayati Ghosh
Democracy and societyHow can anyone be a fascist if everyone is? The regularity with which accusations of fascism are being voiced is concerning. It is high time we bid the fixation on fascism labels farewell By Michael Bröning
Democracy and societyNicaragua: from liberation to a new dictatorship The Sandinista rebels, headed by Daniel Ortega, toppled what should be the last dictator. But now, the supposed hero became the tyrant By Lisa Pelling
European integrationOn the European path After a decade-long wait, Bosnia and Herzegovina has received EU candidate status. But to become a member, there is still much work to be done By Denis Bećirović
Democracy and societyA failed attack on Brazil’s democracy The riots on 8 January in Brazil have failed, but the danger remains. Fighting anti-democratic networks is becoming Lula's most important task By Christoph Heuser
Foreign and security policyBig promises but little substance Repackaged deals and no concessions on the South China Sea dispute: The US could benefit from Marcos Jr.'s empty-handed return from Beijing By Richard Heydarian