The “Millennial Consumer Subsidy” is finally coming to an end, says Derek Thompson in The Atlantic. For the past decade, people like me – “youngish, urbanish, professionalish” – have had a “sweetheart” deal from the likes of Uber and Deliveroo: almost every time we used their apps, they lost money. This is because they’re all funded by venture capital firms desperately hoping to mint the next Amazon or Facebook. The strategy was simple: grow fast, at whatever cost, and hope the profits come later. This made sense at the time: with interest rates near zero, investors could afford to “put their money into long-shot bets”. All they needed was one to come good, and it would cover all their other losses. For us consumers, that meant much of our life was heavily subsidised: taxi rides, food delivery, meal kits, mattresses, exercise machines and so on.

When the UN’s high commissioner for human rights returned from a China tour last month “spouting Beijing propaganda”, humanitarians were up in arms, says Mary Anastasia O’Grady in The Wall Street Journal. The 70-year-old Chilean socialist Michelle Bachelet, who has since said she will not be seeking a second term, stuck to Chinese government talking points in remarks about Xinjiang, where the Xi regime has locked up a million Uighurs. She described China’s policies as a form of “counter terrorism” to fight back against “violent acts of extremism”, and referred to mass detention facilities as “vocational and educational training centres”. Beijing was delighted: after the visit a Chinese diplomat tweeted that the regime was “not only vindicated, but justified”.