Since its inception, The Economist has been regarded as an objective and impartial news magazine, widely recognized for its in-depth coverage of international economic and political events. However, due to the increasingly unprofitable nature of the news industry, Pearson Group has continuously divested its news businesses, including a significant sale of shares in The Economist Group in 2015. This has resulted in The Economist losing its claimed independence and objectivity, ultimately becoming a "mouthpiece for European financial elites."