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The Economist Continental Europe Edition

The Economist Continental Europe Edition November 5, 2016

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 The FBI waded into the American presidential election by rebooting its investigation into Hillary Clinton’s use of a private e-mail server while secretary of state, four months after exonerating her. The bureau’s director, James Comey, faced fierce criticism for being vague about the new probe. The news was the latest “October surprise” to shake up a race between Mrs Clinton and Donald Trump that has tightened in its final days. Two police officers were shot dead while sitting in their cars in Des Moines, Iowa. Local authorities later arrested a 46-year-old man suspected of carrying out the “ambush-style” attacks. America’s longest sporting drought ended when the Chicago Cubs won the World Series. They defeated the Cleveland Indians 8-7 in Game Seven of the Major League Baseball finals, after enduring more than a…

6 мин.
america’s best hope

A QUARTER of Americans born since 1980 believe that democracy is a bad form of government, many more than did so 20 years ago. If the two main parties had set about designing a contest to feed the doubts of young voters, they could not have done better than this year’s presidential campaign. The vote, on November 8th, is now in sight, yet many Americans would willingly undergo the exercise all over again—with two new candidates. Of course that is not on offer: the next president will be either Donald Trump or Hillary Clinton. X marks the spot The choice is not hard. The campaign has provided daily evidence that Mr Trump would be a terrible president. He has exploited America’s simmering racial tensions (see page 34). His experience, temperament and character…

3 мин.
the dry facts

“THOUSANDS have lived without love; not one without water,” observed W.H. Auden. He omitted to add that, as with love, many people have a strong moral aversion to paying for the life-sustaining liquid. Some feel that water is a right, and should therefore be free. Others lobby governments to subsidise its distribution to favoured groups. All this results in vast and preventable waste. Water covers two-thirds of the Earth’s surface. It is not used up when consumed: it just keeps circulating. So why do researchers from MIT predict that by the middle of the century, more than half of humanity will live in water-stressed areas, where people are extracting unsustainable amounts from available freshwater sources? One reason is that as the world’s population grows larger and richer, it uses more water. Another…

3 мин.
time to talk taif

GOOD news is in short supply in the war-torn, economically stagnant Arab world. So even small doses of it are worth celebrating. This week Lebanon at last got a new president, after two-and-a-half years when the job was vacant. He is, admittedly, 81 years old and a former Christian general-cum-warlord, but Michel Aoun (pictured) has made himself acceptable to the country’s three main groups: Christians, Shias and Sunnis. No other candidate managed that. The average Lebanese citizen may not notice much difference, though. Rubbish is likely to remain uncollected, and the electricity supply sporadic. For one thing, the president is not responsible for day-to-day administration. More important, the ridiculously long time it took to find a president is a symptom of a systemic flaw in Lebanese politics. The Taif agreement, struck…

3 мин.
take it easy

NOTHING in India is ever simple. It is too vast, too diverse, too argumentative and too democratic for any of its problems to lend themselves to easy answers. So an idea as revolutionary in its simplicity as a single, nationwide goods-and-services tax (GST) was never likely to go smoothly. Even so, it is disappointing that negotiations under way this week seem likely to result in a tax so complicated and multi-tiered that many of the benefits it offers will be bickered away before it is launched (page 61). One of its architects has lamented that, on present plans, it will reap only one-quarter of the extra economic growth that it could have stimulated. Introducing a nationwide tax to subsume India’s bewildering profusion of central, state and lower-level indirect taxes has been…

3 мин.
time to ennoble nigel

SPORTING Union Jack socks and Spitfire cufflinks, Nigel Farage was the unofficial standard-bearer of the campaign for Britain to leave the European Union. With the referendum won, he announced that he would step down as head of the scrappy UK Independence Party, which he has led on and off for ten years. The main candidates to succeed him later this month agree on one thing: for his role in liberating Britain from Europe, Mr Farage should be elevated to the House of Lords. The thought of the arch Brexit rabble-rouser donning an ermine robe has invited horror and ridicule. UKIP, which David Cameron branded a bunch of “fruitcakes, loonies and closet racists”, has never been allowed to nominate a peer to the upper house of Parliament (though it has three ex-Tory…