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The Economist Continental Europe Edition

The Economist Continental Europe Edition 08/26/2017

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.

Land:
United Kingdom
Sprache:
English
Verlag:
The Economist Newspaper Limited - Europe
Erscheinungsweise:
Weekly
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8 Min.
the world this week

Politics The remaining suspects of a jihadist cell that attacked Barcelona appeared in court. The attackers used a van to plough into people out for a stroll in the city’s Las Ramblas boulevard; hours later, another vehicle hit pedestrians in the nearby town of Cambrils. Fifteen people were murdered in the attacks and more than 120 wounded. Six assailants were killed by police; it is thought the terrorists had been planning a much bigger attack involving bombs, perhaps against the Sagrada Família basilica in Barcelona. A man fatally stabbed two women in Turku, a city in Finland, and injured eight other people. Finnish authorities arrested a suspect, a Moroccan asylum-seeker, and are treating the incident as Finland’s first terrorist attack. Kirill Serebrennikov, a Russian theatre director, was placed under house arrest, accused of…

5 Min.
islam and democracy

LESS than a decade ago Islamist parties were an irresistible force in the Middle East. As dictators quaked in the Arab uprisings of 2011, these groups, particularly the Muslim Brotherhood and its offshoots, gained influence and seized control. The mosque and the ballot box seemed to have replaced the palace, the barracks and the secret police as a source of power. But in the wreckage of the Arab world today, many act as if the idea that Islamists can play a useful democratic role is broken, too. They are being repressed anew by reactionary regimes, challenged by violent jihadists and looked upon with suspicion by voters whom they failed. Many are in jail or exile (see Briefing). Their main bankroller, Qatar, is being subjected to diplomatic and economic ostracism by its…

3 Min.
truth, justice and the chinese way

“YOU can lock up our bodies, but not our minds!” So says a message posted on the Twitter account of Joshua Wong, a pro-democracy activist in Hong Kong (pictured), shortly after he and two associates were sent to jail on August 17th for their roles in the “Umbrella Movement” protests that swept through the territory in 2014. The jail sentences, ranging from six to eight months, outraged their supporters. Tens of thousands took to the streets in protest (see page 45). Many people in Hong Kong regard the three mild-mannered, bespectacled men as political prisoners. The silence of the West, particularly that of Britain, the former colonial power, is depressing. The people of Hong Kong are right to be alarmed. The territory is not a democracy. But it is more open…

3 Min.
fear of finance

CENTRAL bankers have gathered at their annual shindig in Jackson Hole, Wyoming, for the past ten years with only one thing on their minds: the health of the global economy. This year’s gathering is different. The bankers’ preoccupations are changing, from recovery to financial stability. Oddly, rising concern about the risks of financial excess is good news. It reflects the arrival of the first synchronised global economic upswing since 2010. GDP growth in the quarter ending in June was the most rapid since then, according to JPMorgan Chase, thanks to stronger-than-expected activity in China, Japan and Europe (Britain was a notable exception). Any relief, however, is mixed with anxiety that the excesses which led to the crisis of 2007-08 are again pervasive. Policymakers have helped support the economy over the past decade.…

3 Min.
the right treatment

IN POOR countries people are living longer and healthier lives than ever. Since 2000 child mortality has fallen by almost half. The rate of new HIV/AIDS infections has dropped by 40%. About 7m deaths from malaria have been prevented. Yet there is much more to be done. By one measure, the World Health Organisation reckons about 400m people still have no access to primary care—the basic form of medicine that should be at the forefront of any well-run health system. The real figure is probably much higher. And even for those fortunate enough to see a general practitioner, or more usually a semi-trained medic or quack, treatment is often dire. The poor state of primary care will matter even more as the burden of disease in poor countries comes to resemble that…

3 Min.
toppling the tycoons

THE chairman of Microsoft, John Thompson, occasionally reminds one of its directors, a fellow by the name of Bill Gates, that his vote in board meetings is no more or less important than that of other members. Contrast that with Infosys, an Indian technology firm, whose own retired founder succeeded in getting its boss to quit on August 18th, after a months-long whispering campaign (see page 52). The board was dismayed, but the outcome was all too predictable, given India’s penchant for treating corporate founders as latter-day maharajahs. Indian companies come in all shapes and sizes, from clannish outfits whose tycoon bosses routinely stiff minority investors, to giants like Infosys whose corporate governance (usually) matches Western norms. What unites them is that they accord undue deference to “promoters”, as India dubs…