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The Economist Continental Europe Edition

The Economist Continental Europe Edition 06/24/2017

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.

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

Politics Theresa May launched her minority Conservative government’s slimmed-down programme for governing Britain over the next two years. The speech, as usual, was read out by the queen, but without much of the normal ceremony. The prime minister also used the speech as an opportunity to dump controversial manifesto promises on social care, selective education and corporate governance. A van driven by an anti-Muslim extremist rammed worshippers leaving a mosque in London’s Finsbury Park neighbourhood. Several people were injured and one subsequently died. The assault is the latest in a string of attacks in Britain’s capital. Forest fires in Portugal killed at least 64 people and burned more than 26,000 hectares of land as temperatures topped 40°C. More than 2,000 firefighters were deployed to fight the blazes. Emmanuel Macron’s party, La République En Marche!…

5 мин.
modi’s india

WHEN Narendra Modi became prime minister of India in 2014, opinion was divided as to whether he was a Hindu zealot disguised as an economic reformer, or the other way round. The past three years appear to have settled the matter. Yes, Mr Modi has pandered to religious sentiment at times, most notably by appointing a rabble-rousing Hindu prelate as chief minister of India’s most-populous state, Uttar Pradesh. But he has also presided over an acceleration in economic growth, from 6.4% in 2013 to a high of 7.9% in 2015—which made India the fastest-growing big economy in the world. He has pushed through reforms that had stalled for years, including an overhaul of bankruptcy law and the adoption of a nationwide sales tax (GST) to replace a confusing array of…

3 мин.
the tower and the anger

IT FEELS as if Britain has been visited by a battalion of sorrows. Deadly attacks by, and this week against, Muslims have shattered the belief that the security services can shield Britain from the terrorism afflicting the continent. A minority government has taken office under a prime minister who has no authority, ushering in chronic instability. And, as if to symbolise it all, an inferno at the Grenfell Tower in London’s richest borough claimed at least 79 lives of its poorest residents. Britons are searching for a moral that measures up to the catastrophe. Many possible morals have been overblown, sometimes to the point of exploitation. Capitalism has not failed. Britain’s tall buildings should not, as some say, be branded unfit for human habitation—but be made safer instead (see page 49).…

3 мин.
sunlight needed

MITCH McCONNELL, the leader of the Republican majority in the Senate, once complained that President Barack Obama’s health-care bill was thrown together in a back room and then dropped on the Senate floor “with a stopwatch running”. Now he has made the tactic his own. Mr McConnell hopes to call a vote on a health-care bill that will have barely left the printer’s. A week before a vote that could remake a sixth of the economy, even many Republican senators claim not to know what the bill contains. Why the hush, hurry and hypocrisy? Mr McConnell wants to minimise the opportunity for critics to campaign against his proposals. When the House of Representatives considered its bill this year, the schedule was unusually tight. But there was still enough time for angry…

4 мин.
a shake-up in riyadh

WHEN King Salman acceded to the Saudi throne in 2015, it was plain that his son, Muhammad, wielded the real power. He may formally have been second in the line of succession, but Muhammad bin Salman (known as MBS) ran most of the things that mattered: the plan to transform the Saudi state and wean the economy away from oil; the war in Yemen and the wider contest against Shia Iran; and much else besides. When he gave his first on-the-record interview, to The Economist in January 2016, MBS spoke about Saudi Arabia in the first person—talking of “my borders”. On the face of it, the elevation of MBS to crown prince, replacing his older cousin, Muhammad bin Nayef, means only that his job title has caught up with reality (see…

3 мин.
stop spoiling viktor orban

IN 1989, during the dying days of the Soviet Union, a long-haired 26-year-old dissident called Viktor Orban addressed a crowd in Budapest’s Heroes’ Square. The charismatic young liberal told the Russians to withdraw from Hungary. He rejected “the dictatorship of a single party”. He called for free elections. How things change. Today Mr Orban, Hungary’s prime minister, is one of Vladimir Putin’s closest friends in Europe. His country is increasingly dominated by one party, his own. Elections may be free, but they are not fair. Mr Orban has rewritten the constitution, dismantled checks and balances (“a US invention” unsuited to Europe, he says), muzzled the press and empowered oligarchs. Refugees, who supposedly threaten Hungary’s Christian identity, are beaten by police and mauled by police dogs. Debates over values, Mr Orban thinks,…