Hello, I'm currently out of office.

An article I read recently said we're more relaxed and more productive after a good break.

So I've gone to Barbados for a month for science.

Yours, Toby.

Take your holiday as seriously as British Airways holidays take your holiday.

Atul protected.

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Hello and welcome to the intelligence from the economist. In New York, I'm John Fastman.

And in London, I'm Jason Palmer.

Every weekday, we provide a fresh perspective on the events shaping your world.

American bankruptcy proceedings are a legal tussle between a company and its creditors.

FTX, a defunct crypto exchange, may owe money to as many as nine million entities,

presaging a long, complex, and potentially painful process.

And the winter rains in California can be heavy and welcome after dry summers.

But this year's storms have been astonishing and have led to deadly floods.

The forces behind them are only set to get worse in the coming years.

...