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The Economist Continental Europe Edition

The Economist Continental Europe Edition 01/21/2017

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.

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The Economist Newspaper Limited - Europe
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8 мин.
the world this week

Politics After hard, soft and then red, white and blue, Theresa May announced a “clean” Brexit. In her most important speech yet on the issue, Britain’s prime minister set out a position for quitting the EU that includes leaving the single market and customs union. Mrs May said she would seek the best possible trade terms with Europe and be a “good neighbour”, but that no deal would be better than a bad deal for Britain. Donald Trump held out the promise of a trade agreement with America after praising Britain’s Brexit choice. Germany’s chancellor, Angela Merkel, responded to Mrs May’s Brexit speech with vows to hold the EU together and block any British “cherry-picking” in the negotiations. Jean-Claude Juncker, the president of the European Commission, promised to work for a fair…

5 мин.
the 45th president

MUCH of the time, argues David Runciman, a British academic, politics matters little to most people. Then, suddenly, it matters all too much. Donald Trump’s term as America’s 45th president, which is due to begin with the inauguration on January 20th, stands to be one of those moments. It is extraordinary how little American voters and the world at large feel they know about what Mr Trump intends. Those who back him are awaiting the biggest shake-up in Washington, DC, in half a century—though their optimism is an act of faith. Those who oppose him are convinced there will be chaos and ruin on an epoch-changing scale—though their despair is guesswork. All that just about everyone can agree on is that Mr Trump promises to be an entirely new sort of…

3 мин.
a dismal dynast

IN MANY ways the African Union (AU) is outdoing its European counterpart. It has never presided over a continental currency crisis. No member state is threatening to quit. And you could walk from Cairo to Cape Town without meeting anyone who complains about the overweening bossiness of the African superstate. But this is largely because the AU, unlike the EU, is irrelevant to most people’s lives. That is a pity. Before 2002, when it was called the Organisation of African Unity, it was dismissed as a talking-shop for dictators. For the next decade, it was led by diplomats from small countries, picked by member states precisely because they had so little clout. But then, in 2012, a heavyweight stepped in to run the AU commission. Nkosazana Dlamini-Zuma, a veteran of the…

4 мин.
a hard road

HALF a year after choosing Brexit, Britons have learned what they voted for. The single-word result of June’s referendum—“Leave”—followed a campaign boasting copious (incompatible) benefits: taking back control of immigration, ending payments into the European Union budget, rolling back foreign courts’ jurisdiction and trading with the continent as freely as ever. On January 17th Theresa May at last acknowledged that leaving the EU would involve trade-offs, and indicated some of the choices she would make. She will pursue a “hard Brexit” (rebranded “clean” by its advocates), taking Britain out of the EU’s single market in order to reclaim control of immigration and shake off the authority of the EU’s judges. Mrs May declared that this course represents no retreat, but rather that it will be the making of a “truly global…

3 мин.
road outrage

AMERICA’S system of corporate justice has many flaws. The size of the fines it slaps on firms is arbitrary. Its habitual use of deferred-prosecution agreements (a practice that is spreading to Britain; this week Rolls-Royce, an engineering firm, was fined for bribery—see page 50) means that too many cases are settled rather than thrashed out in court. But even crude justice can be better than none. To see why, look at Europe’s flaccid approach to the emissions scandal that engulfed Volkswagen (VW) in 2015 and now threatens others. Diesel-engined vehicles belch out poisonous nitrogen-oxide (NOx) gases. Limits have been imposed around the world on these toxic fumes. But the extra cost of making engines compliant, and the adverse impact that this has on performance and fuel efficiency, tempt carmakers to flout…

3 мин.
too many single men

A FEW years ago it looked like the curse that would never lift. In China, north India and other parts of Asia, ever more girls were being destroyed by their parents. Many were detected in utero by ultrasound scans and aborted; others died young as a result of neglect; some were murdered. In 2010 this newspaper put a pair of empty pink shoes on the cover and called it gendercide. In retrospect, we were too pessimistic. Today more girls are quietly being allowed to survive. Gendercide happens where families are small and the desire for sons is overwhelming. In places where women are expected to move out of their parents’ homes upon marriage and into their husbands’ households, raising a girl can seem like an act of pure charity. So many…