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The Economist Continental Europe Edition

The Economist Continental Europe Edition September 17, 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.

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

Politics A ceasefire went into effect across most of Syria, following an agreement between John Kerry, the American secretary of state, and his Russian counterpart, Sergei Lavrov. However, aid destined for the besieged city of Aleppo was still being held up at the Turkish border by arguments between the warring parties. Strikes against Islamic State and an al-Qaeda-linked group are not covered by the ceasefire. Israel and America agreed on a new military-aid package, worth $38 billion over the next ten years. South Africa refused to grant an entry visa to Steven Anderson, an American preacher, saying that his comments criticising homosexuality amount to hate-speech. The president of South Sudan, Salva Kiir, and leader of the opposition, Riek Machar, were accused of enriching themselves during a civil war that broke out in December 2013.…

5 мин.
a giant problem

DISRUPTION may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the established order. It is the entrenchment of a group of superstar companies at the heart of the global economy. Some of these are old firms, like GE, that have reinvented themselves. Some are emerging-market champions, like Samsung, which have seized the opportunities provided by globalisation. The elite of the elite are high-tech wizards—Google, Apple, Facebook and the rest—that have conjured up corporate empires from bits and bytes. As our special report this week makes clear, the superstars are admirable in many ways. They churn out products that improve consumers’ lives, from smarter smartphones to sharper televisions. They provide Americans and Europeans with an estimated $280 billion-worth of “free” services—such as…

5 мин.
britain’s one-party state

CHEERING crowds flock to his rallies. Youngsters embrace him for selfies and hang on his every tweet. Jeremy Corbyn, improbable, crinkly rock-star of the far left, is on course to be re-elected Labour’s leader on September 24th in a landslide vote among the party’s members, hundreds of thousands of whom have joined up in the past year just to back him. Yet Mr Corbyn’s popularity among Labour’s half-million members and affiliates is not replicated among Britain’s 45m voters, most of whom do not share his desire to overthrow capitalism and unilaterally forsake the country’s nuclear weapons, nor his soft spot for strongmen such as Vladimir Putin and the late Hugo Chávez. The party is polling at its lowest in opposition for 30 years. Among young people, his most sympathetic constituency, Mr…

3 мин.
a risky bargain

AS The Economist went to press a big consignment of aid was poised to arrive in eastern Aleppo, a Syrian city that has been under siege, off and on, for four years. It contained food, medicines, clothes—even toys for toddlers who have lived their whole lives under the shadow of a war that is estimated to have killed more than 400,000 people. This respite is the fruit of a deal between Russia and America on September 10th that imposed a ceasefire across much of the country. It appears to be holding, for now. But as with the previous cessation of hostilities in February, this agreement may be short-lived. And by appearing to tie America to Russia’s game plan, it may even make things worse. Agreement in a vacuum After months of negotiation, John…

3 мин.

IN A competition to find the world’s least-loved animal, the mosquito would be hard to beat. Only a few species of the insect carry the parasites that cause human diseases such as West Nile virus, dengue and yellow fever, but the harm they cause is enormous. Malaria kills more than 400,000 people, mostly children, every year. Zika has spread to dozens of countries (see page 70). If species such as Anopheles gambiae and Aedes aegypti could be eradicated, the world would surely be a better place. Genetic engineers have already taken some steps in that direction: male A. aegypti mosquitoes that have been modified to become sterile have been released in Brazil, for example. Such approaches, controversial though they are among some greens, are limited in their impact and geographical range.…

3 мин.
lucky jim

BACK in 2011 the World Bank’s governors committed themselves to an “open, merit-based and transparent” process to select its president. This week the American incumbent, Jim Yong Kim, was confirmed as the sole candidate for the next five-year term in another closed, patronage-based and opaque process. That falls short of the standards the bank seeks of its borrowers, let alone itself. It also hastens the rise of rival institutions. Mr Kim’s appointment stems from an archaic and now obsolete tradition dating back to the Bretton Woods conference of1944, by which America chooses the boss of the World Bank and the head of the IMF is a European. That may have reflected the global pecking order as the second world war came to an end. But it does not suit the world…