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Many business leaders dismiss fears of a return of the former president to the White House — they are wrong to do so

Jana Partners should not get its hopes up for a quick exit

Peter Frankopan on a book that argues that Sunni Islam has reversed the declining influence of religion on Turkish society

Also in this newsletter: ‘Enshittification’, young people and conservatism, science round-up

Overseas bondholders have discovered to their cost that they have little recourse in the Chinese system when boom turns to bust

‘Make Way for Berthe Weill’ at the Grey Art Museum pays tribute to a pathbreaking figure in Paris’s avant-garde

Sudan’s conflict is a threat to regional stability — and millions of lives

Puzzle: find Black’s hidden win

Plus, Big Law throws its weight behind Kamala Harris’s presidential campaign and a SoftBank-backed founder is accused of fraud

Paul Weightman cut his teeth persuading players to join a breakaway Australian rugby league in the 1990s