The Economist Continental Europe Edition August 14, 2021

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.

Страна:
United Kingdom
Язык:
English
Издатель:
The Economist Newspaper Limited - Europe
Периодичность:
Weekly
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1 мин.
coronavirus briefs

Vaccine mandates spread rapidly across America. The Pentagon laid out plans to make vaccination mandatory for all American troops by mid-September. California said all teachers and schools’ staff would have to be either jabbed or tested regularly. Despite having one of the highest vaccination rates in the world, infections in Israel surged to their highest levels since February. More than 75% of adults in Britain have now received both doses of a vaccine. A ban was lifted on foreign pilgrims in Saudi Arabia. Vaccinated travellers will be allowed to visit the holy sites in Mecca, which attract millions of the faithful each year. Support for the government led by Suga Yoshihide in Japan has dropped to a new low after new infections surged during the Tokyo Olympics. → For our latest coverage of the virus…

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7 мин.
the world this week

Politics The Intergovernmental Panel on Climate Change released the first part of its latest assessment report. The Earth is warming. Even with a drastic reduction in greenhouse-gas emissions temperatures will probably be 1.5o C above their late-19th century levels by 2050. Climate change is under way, the report laments, with all the environmental consequences that brings. The extent of the damage depends on the cumulative build-up of emissions and can be limited if the world strives for net-zero carbon emissions. Andrew Cuomo said he would resign as governor of New York, after his Democratic colleagues in the state assembly prepared to impeach him over allegations from 11 women of sexual harassment. Mr Cuomo insists his actions did not amount to misconduct and said he was forced out by a political system “driven…

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5 мин.
china’s attack on tech

OF ALL CHINA’S achievements in the past two decades, one of the most impressive is the rise of its technology industry. Alibaba hosts twice as much e-commerce activity as Amazon does. Tencent runs the world’s most popular super-app, with 1.2bn users. China’s tech revolution has also helped transform its long-run economic prospects at home, by allowing it to leap beyond manufacturing into new fields such as digital health care and artificial intelligence (AI). As well as propelling China’s prosperity, a dazzling tech industry could also be the foundation for a challenge to American supremacy. That is why President Xi Jinping’s assault on his country’s $4trn tech industry is so startling. There have been over 50 regulatory actions against scores of firms for a dizzying array of alleged offences, from antitrust abuses…

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3 мин.
last chance

“A NEGATIVE OUTCOME, a Taliban automatic military takeover, is not a foregone conclusion,” Mark Milley, America’s most senior soldier, intoned last month while reiterating America’s support for the embattled Afghan government. General Milley is right: such a takeover is not quite inevitable, despite the departure of American troops. But it is growing more likely by the day—in large part because America, whatever its generals say, is doing too little to help. Ideally, America would not be withdrawing its forces at all. For several years, with only a few thousand troops who sustained few casualties, it had managed to maintain a stalemate between the Afghan government and the Taliban, thanks largely to air power. Yet last year, when Donald Trump was president, America struck a deal with the Taliban. In exchange for…

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3 мин.
open up

FOR A LUCKY few, the mid-20th century was a golden age of air travel: there was plenty of room and the cabin crew were attentive. Back then foreign trips were glamorous and mass tourism was unknown. Sound familiar? Because of covid-19, foreign travel is once again the preserve of a happy few. International tourist arrivals are down by 85% from pre-pandemic days (see International section). Nearly a third of the world’s borders remain closed. Many of the remainder are open only to those who have been vaccinated or can afford tests. For those who dream of a return to the old days, this might sound appealing. For the rest of humanity, it is a scourge. Before the pandemic, travel accounted for 4.4% of GDP and nearly 7% of employment in rich countries.…

4 мин.
it is not all about the co 2

THE HEADLINE of the latest pronouncement from the Intergovernmental Panel on Climate Change (IPCC) on the physical science of climate change is the finding that, even if the world cuts emissions by more than governments are promising, it is still “more likely than not” that Earth will be 1.5°C warmer by around 2050 than it was in the late 19th century. That is important, and frightening, but hardly shocking. The aim of letting the world warm no more than 1.5°C, agreed on in Paris six years ago, is one to which many countries, notably the small-island states for which sea-level rise is an existential threat, are deeply committed. But many observers believe it stringent almost to the point of impossibility. Another conclusion in the IPCC report, though, may come as news to…

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