Business et Finance
The Economist Continental Europe Edition

The Economist Continental Europe Edition

October 24, 2020

The Economist is the premier source for the analysis of world business and current affairs, providing authoritative insight and opinion on international news, world politics, business, finance, science and technology, as well as overviews of cultural trends and regular Special reports on industries and countries.

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51 Numéros

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1 min.
coronavirus briefs

Iran again broke its single-day record for covid-19 deaths. Hospitals in Tehran, the capital, ran out of intensive-care beds and suspended all nonemergency treatments. Israel eased a month-long nationwide lockdown, its second since the beginning of the pandemic. It has seen a significant decline in the number of new cases. Health experts cast doubt on the claim by a government panel in India that the virus had reached its peak in the country. Cumulative cases passed 7.7m this week. Ireland was put back into a strict lockdown. The government had resisted implementing the measures, which scientists were calling for. The go ahead was given in Britain for the world’s first “human-challenge clinical trials”, in which volunteers will be dosed with the virus. For our latest coverage of the virus and its consequences please visit economist.com/…

6 min.
who controls the conversation?

IT IS THE biggest antitrust suit in two decades. On October 20th the Department of Justice (DOJ) alleged that Google ties up phone-makers, networks and browsers in deals that make it the default search engine. The department says this harms consumers, who are deprived of alternatives. The arrangement is sustained by Google’s dominance of search which, because of a global market share of roughly 90%, generates the advertising profits that pay for the deals (see Business section). The DOJ has not yet said what remedy it wants, but it could force Google and its parent, Alphabet, to change how they structure their business. Don’t hold your breath, though: Google dismisses the suit as nonsense, so the case could drag on for years. Action against Google may seem far from the storm…

3 min.
monsters of the deep

“CONSIDER THE subtleness of the sea,” warned Herman Melville in “Moby Dick”; “how its most dreaded creatures glide under water...treacherously hidden beneath the loveliest tints of azure.” Nearly 170 years later, another marine horror is just becoming visible. Satellite and other imagery has revealed “dark fleets” of fishing boats that turn off their transponders and plunder the ocean’s bounty. Illegal, unreported and unregulated fishing accounts for a staggering 20-50% of the global catch. It is one reason fish stocks are plummeting: just a fifth of commercial species are sustainably fished. Illegal operators rob mostly poor coastal states of over $20bn a year and threaten the livelihoods of millions of small fishermen. North Korean coastal waters have been so pillaged that its fishermen have to motor their rickety craft far out…

5 min.

The Uyghurs: China responds The Economist’s articles on Xinjiang made groundless accusations against China’s policy and was a gross interference in China’s internal affairs (“Torment of the Uyghurs”, “Orphaned by the state”, October 17th). The issues you raised have nothing to do with human rights, ethnic groups or religions, and everything to do with fighting violent terrorism, separatism and extremism. Extremist forces have carried out thousands of violent attacks in Xinjiang. For this reason its government has taken resolute action to crack down on such violence, in accordance with the law. The deradicalisation measures have curbed terrorist activities; there has not been a single attack for over three years. Feeling more safe, these measures have won the extensive and heartfelt support of people from all ethnic groups in Xinjiang. You described the…

12 min.
the great clean-up

WITHIN HOURS of the publication of a New York Post article on October 14th, Twitter users began receiving strange messages. If they tried to share the story—a dubious “exposé” of emails supposedly from the laptop of Hunter Biden, son of the Democratic presidential nominee—they were told that their tweet could not be sent, as the link had been identified as harmful. Many Facebook users were not seeing the story at all: the social network had demoted it in the news feed of its 2.7bn users while its fact-checkers reviewed it. If the companies had hoped that by burying or blocking the story they would stop people from reading it, the bet did not pay off. The article ended up being the most-discussed story of the week on both platforms—and the second-most…

2 min.
the bulldozer rumbles on

The incumbent is likely to win an unfair election BACK IN JANUARY John Magufuli, Tanzania’s president, vowed that elections scheduled for October 28th would be free and fair. He has an odd way of ensuring it. He has banned local groups from monitoring the vote, harassed the opposition and journalists, closed a newspaper for its unfavourable coverage and banned a television station for daring to contradict his risible claim that there is no covid-19 in Tanzania. Foreign reporters must be chaperoned everywhere by an official, presumably to intimidate people they interview. A principal target of harassment is Tundu Lissu, the main opposition candidate, recently back from self-imposed exile in Belgium. He took refuge there after being shot several times in 2017 outside his home in Dodoma, the capital. Despite needing crutches to…