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The Economist Continental Europe Edition

The Economist Continental Europe Edition October 26, 2019

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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 Canada’s prime minister, Justin Trudeau, won a second term in office but his Liberal Party lost its majority. The Conservative Party won the popular vote and wiped out the Liberals in the oil-producing western provinces of Alberta and Saskatchewan. To enact his programme, Mr Trudeau will depend on support from smaller parties, especially the left-leaning New Democrats. Protests against a fare increase on the metro in Santiago, Chile’s capital, became violent, prompting the government to impose its first curfew since the end of a military dictatorship in 1990. The unrest spread to other cities. At least 18 people died in rioting. Bolivia’s opposition accused the government of Evo Morales, the country’s leftist president, of attempting electoral fraud. In the early count in the presidential election his centrist rival, Carlos Mesa, appeared to…

5 мин.
a plan for american capitalism

ELIZABETH WARREN is remarkable. Born into a struggling family in Oklahoma, she worked her way up to become a star law professor at Harvard. As a single mother in the 1970s, she broke with convention by pursuing a full-time career. In an era of rule-by-tweet, she is an unashamed policy wonk who is now a frontrunner to be the Democratic nominee for president in 2020. Polls suggest that, in a head-to-head contest, more Americans would vote for her than for Donald Trump. But as remarkable as Ms Warren’s story is the sheer scope of her ambition to remake American capitalism. She has an admirably detailed plan to transform a system she believes is corrupt and fails ordinary people (see Briefing). Plenty of her ideas are good. She is right to try…

3 мин.
the muddle modi made

STORIES OF THE clampdown in Jammu & Kashmir and the threat to strip millions of poor and mostly Muslim people in Assam of citizenship, a form of ethnic cleansing by bureaucracy, have seeped into the world’s consciousness, but many Western businesspeople are still inclined to defend the Indian prime minister. Even if Narendra Modi is bad for democracy, they say, his pro-business philosophy is good for the economy. But, as our special report this week argues, that argument no longer washes. India’s economy is incompetently managed and doing badly. Growth fell from 8% in the middle of last year to 5% year-on-year in the most recent quarter. That might not sound too bad, and other emerging economies are also suffering, but India needs to grow fast just to keep its vast…

4 мин.
the spy who came in from the cold

WHEN VLADIMIR PUTIN arrived in Brisbane for the G20 meeting five years ago, he cut an isolated figure, frozen out of the civilised world by the annexation of Crimea, the invasion of eastern Ukraine and the shooting down of a passenger airliner with Dutch and Australian families on board. Western leaders kicked Russia out of the G7 and imposed sanctions. Some refused to greet Mr Putin. He left early, snubbed and humiliated. Five years later he has swaggered back onto the world stage, presiding over the conflict in the Middle East, building a strategic alliance with China and driving a wedge between NATO allies. It was his residence in Sochi, not President Donald Trump’s Mar a Lago estate in Florida, that Recep Tayyip Erdogan, the president of Turkey, visited on October…

3 мин.
exposing the gulag

IN 2017 WORD started to emerge from China’s far west that thousands of people were being sent to a new gulag of “re-education” camps for no reason other than their Muslim religion and their Uighur ethnicity. The government kept denying that such camps existed, even as accounts of the horrors became more dramatic and estimates of the gulag’s population surged to over 1m. When it at last acknowledged that it had indeed built the facilities, it said that they were merely vocational-training centres that would help turn Uighurs away from religious extremism. Rarely since the enormities unleashed by Mao Zedong has China seen so egregious an attempt to whitewash an abuse of human rights. Alongside academics and human-rights groups, Radio Free Asia (RFA), a station funded by the American government, played…

4 мин.
no longer in the pink

CORALS ARE comeback creatures. As the world froze and melted and sea levels rose and fell over 30,000 years, Australia’s Great Barrier Reef, which is roughly the size of Italy, died and revived five times. But now, thanks to human activity, corals face the most complex concoction of conditions they have yet had to deal with. Even these hardy invertebrates may struggle to come through their latest challenge without a bit of help. According to the Intergovernmental Panel on Climate Change, a rise in global temperatures of 1.5°C relative to pre-industrial times could cause coral reefs to decline by 70-90%. The planet is about 1°C hotter than in the 19th century and its seas are becoming warmer, stormier and more acidic. This is already affecting relations between corals and the single-celled…