People in rich countries are increasingly hopping it. Some expats live it up in non-Western bits of the world, enjoying balmy weather or low taxes. But most move to somewhere else in the West. We analysed data from 31 countries to produce the first comprehensive measure of the expat economy.

And markets reacted to Donald Trump’s announcement today that he will postpone attacks on Iran’s power plants as though it was manna from heaven. But even if the war were to end tomorrow, global oil and gas markets would remain undersupplied for months, hurting the world economy. We look at how to get the oil flowing again.