As the new site launches, a few words from the business side of the magazine.

California is facing “death by pensions,” writes Steven Greenhut. The litany of the state’s pension woes—and the malfeasance that produced them—is astonishing.

Parts of China see heavy persecution of Christians, but in some ways the faith is going mainstream in a country increasingly dependent on churches for economic and political reasons. But an increasingly active Christian body could be as disruptive for China’s government as it is helpful.

The middle class is quickly disappearing in blue New York City—and many of Mayor de Blasio’s policies will accelerate that process. It turns out the rich wear blue the best.

Weekly oil production hit a level last week that hasn’t been seen since the 1980s. The American shale boom rolls on.

While we’re not at Cold War levels of brinksmanship yet by a long shot, it’s beginning to feel a lot like winter.

America isn’t the only country facing a flood of migration from the south.

New polls show that Labour could lose almost all of its Scottish MPs to the Scottish Nationalist Party, but the dissatisfaction with European politics-as-usual extends far beyond the Scottish border.

Argentina boasts the world’s second and fourth largest shale gas and tight oil reserves, respectively, and by passing an oil and gas reform law earlier this week, it hopes to catch up to the American shale revolution.

Much has been made of the potential of America’s shale gas to find buyers abroad, but with many gas contracts tied to the price of oil and the recent rapid decline of said price, U.S. LNG seems to be losing the potential cost advantage it was purported to have.