We’re running out of brands! Brand names are becoming more and more like real estate, says The Los Angeles Times.

Billionaire investor George Soros has given his gloomiest assessment of the state of the US and world economies.

The fact that Russia’s oil production declined almost half a percentage point in April, the first drop in a decade, was shocking enough news from the world’s second biggest oil producer, whose output was growing at a rate of 12 per cent just five years ago. But Russian oil executives have gone a step further: Leonid Fedun, vice-president of Lukoil, told the Financial Times the country’s production may have already reached its peak.

Money still matters in America’s election, but its role is changing, says The Economist.

Editorial Cartoon by Mike Luckovich, Atlanta Journal-Constitution.