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THE ECONOMIST
The world at your fingertips. Subscribe for unlimited access to world-leading reporting and analysis. Subscriber-only benefits. Full access to all Economist digital products DO INCENTIVES OF CASH OR GIFTS FOR COVID-19 VACCINES WORK The value of the loot on offer varies. In parts of Beijing, Sinovac jabs come with two cartons of eggs. Elsewhere in China chicken wings, flour or free entry to parks are available. In Rajkot, an EUROPE IS NOW A CORPORATE ALSO-RAN. CAN IT RECOVER ITS Enjoy more audio and podcasts on iOS or Android. Nearly four decades later the company founded by that young upstart, Steve Jobs, is worth more than the 30 firms in WILL POORER COUNTRIES BENEFIT FROM INTERNATIONAL TAX Enjoy more audio and podcasts on iOS or Android. Developing countries are thirsty for revenue in general, and reliant on corporate tax in particular. In 2017 African countries raised 19% of REWEAVING THE SAFETY NET—CAN JOE BIDEN EUROPEANISE Reweaving the safety net—can Joe Biden Europeanise American social policy? Our podcast on markets, the economy and business. Also thisweek: how
BRAZIL | JUN 5TH 2021 | THE ECONOMIST On the brink Brazil. Brazil. Special reports - Jun 5th 2021. Brazil: The captain and his country. The Amazon: Money trees. Politics: In need of reform. Sources and acknowledgments. WHAT A WORK-FROM-HOME REVOLUTION MEANS FOR COMMERCIAL OFFICES THESE days are temples of indulgence as much as places of work. One Vanderbilt, a new skyscraper in Manhattan, has unveiled a restaurant run by Daniel Boulud, a Michelin-starred chef VOTERS SHOULD CURB MEXICO’S POWER-HUNGRY PRESIDENT Voters should curb Mexico’s power-hungry president. I N A WORLD plagued by authoritarian populists, Mexico’s president has somehow escaped the limelight. Liberals furiously condemn the erosion GOVCOINS: THE DIGITAL CURRENCIES THAT WILL TRANSFORM Govcoins: The digital currencies that will transform finance – Weekly edition of The Economist for May 8th 2021. You've seen the news, now discover the story. EDUCATED VOTERS’ LEFTWARD SHIFT IS SURPRISINGLY OLD AND Every year, the 10% of voters with the most years of schooling gravitated towards left-wing parties, while the remaining 90% slid the other way. By 2000, this had gone on for so long that, as aTHE ECONOMIST
The world at your fingertips. Subscribe for unlimited access to world-leading reporting and analysis. Subscriber-only benefits. Full access to all Economist digital products DO INCENTIVES OF CASH OR GIFTS FOR COVID-19 VACCINES WORK The value of the loot on offer varies. In parts of Beijing, Sinovac jabs come with two cartons of eggs. Elsewhere in China chicken wings, flour or free entry to parks are available. In Rajkot, an EUROPE IS NOW A CORPORATE ALSO-RAN. CAN IT RECOVER ITS Enjoy more audio and podcasts on iOS or Android. Nearly four decades later the company founded by that young upstart, Steve Jobs, is worth more than the 30 firms in WILL POORER COUNTRIES BENEFIT FROM INTERNATIONAL TAX Enjoy more audio and podcasts on iOS or Android. Developing countries are thirsty for revenue in general, and reliant on corporate tax in particular. In 2017 African countries raised 19% of REWEAVING THE SAFETY NET—CAN JOE BIDEN EUROPEANISE Reweaving the safety net—can Joe Biden Europeanise American social policy? Our podcast on markets, the economy and business. Also thisweek: how
BRAZIL | JUN 5TH 2021 | THE ECONOMIST On the brink Brazil. Brazil. Special reports - Jun 5th 2021. Brazil: The captain and his country. The Amazon: Money trees. Politics: In need of reform. Sources and acknowledgments. WHAT A WORK-FROM-HOME REVOLUTION MEANS FOR COMMERCIAL OFFICES THESE days are temples of indulgence as much as places of work. One Vanderbilt, a new skyscraper in Manhattan, has unveiled a restaurant run by Daniel Boulud, a Michelin-starred chef VOTERS SHOULD CURB MEXICO’S POWER-HUNGRY PRESIDENT Voters should curb Mexico’s power-hungry president. I N A WORLD plagued by authoritarian populists, Mexico’s president has somehow escaped the limelight. Liberals furiously condemn the erosion GOVCOINS: THE DIGITAL CURRENCIES THAT WILL TRANSFORM Govcoins: The digital currencies that will transform finance – Weekly edition of The Economist for May 8th 2021. You've seen the news, now discover the story. EDUCATED VOTERS’ LEFTWARD SHIFT IS SURPRISINGLY OLD AND Every year, the 10% of voters with the most years of schooling gravitated towards left-wing parties, while the remaining 90% slid the other way. By 2000, this had gone on for so long that, as a THE G7 SKETCHES A DEVELOPMENT-FINANCE INITIATIVE TO 11 hours ago · The Biden administration and other rich democracies can support more projects in the developing world even without a huge influx of capital. They can do more to lower financing costs for HOW GREEN BOTTLENECKS THREATEN THE CLEAN ENERGY BUSINESS The figures for the coming decade are mind-concentrating. To stay on track for net zero, by 2030 annual production of electric vehicles needs to be ten times higher than it was last year and the WHY THE MARKET FOR SECONDHAND PRIVATE-EQUITY STAKES IS Buttonwood Why the market for secondhand private-equity stakes is thriving Wherever there is a primary market, a secondary one is neverfar behind
DAILY BRIEFING
Honda, Japan’s second-largest carmaker after Toyota, revealed that it had returned to profit in the quarter ending on March 31st. It reported profits of ¥213.2bn ($1.95bn) compared with a lossTHE ECONOMIST
The Economist - World News, Politics, Economics, Business AMERICAN SCHOOLS TEACH READING ALL WRONG PHONICS, WHICH involves sounding-out words syllable by syllable, is the best way to teach children to read. But in many classrooms, ff-on-ics is a dirty sound. Kymyona Burk, who implemented HOW AMERICA INC IS COPING WITH RISING INFLATION Economists debate whether the rapid climb in inflation, which rose at an annual rate of 4.2% in April, the fastest since September 2008, will prove as enduring as 50 years ago. The Federal Reserve THE BIG-PHARMA FIRM THAT SAW THE FUTURE The big-pharma firm that saw the future. Long ago Roche bet on personalised health care. Now its time has come. R OCHE IS A strange entity. The Swiss giant is the world’s second-biggest WHERE DID COVID-19 COME FROM? IN LITTLE MORE than a year, covid-19 has spread to 192 countries, caused more than 128m recorded infections and over 2.8m recorded deaths. But it is still not clear where the disease came from. SEE HOW AGE AND ILLNESSES CHANGE THE RISK OF DYING FROM Estimated covid-19 risk if diagnosed in the United States. 90% confidence interval. Central estimate. 20 30 40 50 60 70 80 Age 84-year-old woman 84-year-old woman Hospitalisation 20.8%THE ECONOMIST
The world at your fingertips. Subscribe for unlimited access to world-leading reporting and analysis. Subscriber-only benefits. Full access to all Economist digital products GETTING AWAY WITH MURDER 2 hours ago · TONI STEVENSON had just arrived at her home in St Louis when two masked men with assault rifles ran up, shot her and fled. Just 15 years old, she died at AFTER MATH—WHAT DOES A RETURN TO NORMAL MEAN FOR AMERICAN ON HIS first overseas trip as president, Joe Biden has promised to send 500m covid-19 jabs to countries that need them. America’s vaccine success is making up for its failure to control the DO INCENTIVES OF CASH OR GIFTS FOR COVID-19 VACCINES WORK The value of the loot on offer varies. In parts of Beijing, Sinovac jabs come with two cartons of eggs. Elsewhere in China chicken wings, flour or free entry to parks are available. In Rajkot, an HOW GREEN BOTTLENECKS THREATEN THE CLEAN ENERGY BUSINESS 1 day ago · The figures for the coming decade are mind-concentrating. To stay on track for net zero, by 2030 annual production of electric vehicles needs to be ten times higher than it was last year and the AUCKLAND HAS BECOME THE WORLD’S MOST LIVEABLE CITY NEW ZEALAND has done a remarkable job of controlling covid-19. It has reported just 26 deaths from the disease, roughly one out of every200,000 people. On
WILL POORER COUNTRIES BENEFIT FROM INTERNATIONAL TAX Enjoy more audio and podcasts on iOS or Android. Developing countries are thirsty for revenue in general, and reliant on corporate tax in particular. In 2017 African countries raised 19% of WHAT A WORK-FROM-HOME REVOLUTION MEANS FOR COMMERCIAL OFFICES THESE days are temples of indulgence as much as places of work. One Vanderbilt, a new skyscraper in Manhattan, has unveiled a restaurant run by Daniel Boulud, a Michelin-starred chef AMERICA’S WARY APPROVAL OF AN ALZHEIMER’S DRUG OFFERS HOPE NEWS THAT America’s Food and Drug Administration (FDA) has granted conditional approval to a new drug, aducanumab, to be marketed asAduhelm, for
THE HISTORY AND FUTURE OF MERITOCRACY The Aristocracy of Talent: How Meritocracy Made the Modern World. By Adrian Wooldridge. Allen Lane; 496 pages; £25. To be published inAmerica in
THE ECONOMIST
The world at your fingertips. Subscribe for unlimited access to world-leading reporting and analysis. Subscriber-only benefits. Full access to all Economist digital products AFTER MATH—WHAT DOES A RETURN TO NORMAL MEAN FOR AMERICAN ON HIS first overseas trip as president, Joe Biden has promised to send 500m covid-19 jabs to countries that need them. America’s vaccine success is making up for its failure to control the DO INCENTIVES OF CASH OR GIFTS FOR COVID-19 VACCINES WORK The value of the loot on offer varies. In parts of Beijing, Sinovac jabs come with two cartons of eggs. Elsewhere in China chicken wings, flour or free entry to parks are available. In Rajkot, an CAN BRAZIL SURVIVE BOLSONARO? 3 hours ago · Brazilians elected Jair Bolsonaro as their president in 2018. He borrowed heavily from the Donald Trump playbook—his populist, straight-talking, nationalistic approach won him widesupport
HOW GREEN BOTTLENECKS THREATEN THE CLEAN ENERGY BUSINESS 1 day ago · The figures for the coming decade are mind-concentrating. To stay on track for net zero, by 2030 annual production of electric vehicles needs to be ten times higher than it was last year and the AUCKLAND HAS BECOME THE WORLD’S MOST LIVEABLE CITY NEW ZEALAND has done a remarkable job of controlling covid-19. It has reported just 26 deaths from the disease, roughly one out of every200,000 people. On
WILL POORER COUNTRIES BENEFIT FROM INTERNATIONAL TAX Enjoy more audio and podcasts on iOS or Android. Developing countries are thirsty for revenue in general, and reliant on corporate tax in particular. In 2017 African countries raised 19% of AMERICA’S WARY APPROVAL OF AN ALZHEIMER’S DRUG OFFERS HOPE NEWS THAT America’s Food and Drug Administration (FDA) has granted conditional approval to a new drug, aducanumab, to be marketed asAduhelm, for
BRAZIL | JUN 5TH 2021 | THE ECONOMIST On the brink Brazil. Brazil. Special reports - Jun 5th 2021. Brazil: The captain and his country. The Amazon: Money trees. Politics: In need of reform. Sources and acknowledgments. WHAT A WORK-FROM-HOME REVOLUTION MEANS FOR COMMERCIAL OFFICES THESE days are temples of indulgence as much as places of work. One Vanderbilt, a new skyscraper in Manhattan, has unveiled a restaurant run by Daniel Boulud, a Michelin-starred chefDAILY BRIEFING
Regulators approved a drug to slow the progress of Alzheimer’s for use in America. Aducanumab, which is owned by Biogen, a biotechnology company, is the first new treatment for the disease inTHE ECONOMIST
The Economist - World News, Politics, Economics, Business INFLATION, A NEW OLD PROBLEM FOR BUSINESS 5 hours ago · AMERICA’S ANNUAL inflation rate reached 5% in May, the highest since August 2008. Companies as well as consumers are having to cope with this AFTER MATH—WHAT DOES A RETURN TO NORMAL MEAN FOR AMERICAN ON HIS first overseas trip as president, Joe Biden has promised to send 500m covid-19 jabs to countries that need them. America’s vaccine success is making up for its failure to control the GETTING AWAY WITH MURDER 2 hours ago · TONI STEVENSON had just arrived at her home in St Louis when two masked men with assault rifles ran up, shot her and fled. Just 15 years old, she died at HOW GREEN BOTTLENECKS THREATEN THE CLEAN ENERGY BUSINESS 1 day ago · The figures for the coming decade are mind-concentrating. To stay on track for net zero, by 2030 annual production of electric vehicles needs to be ten times higher than it was last year and the HOW AMERICA AND CHINA DOMINATE GLOBAL BUSINESS Tech firms make up a quarter of the global stockmarket and the geographic mix has become strikingly lopsided. America and, increasingly, China are ascendant, accounting for 76 of SEE HOW AGE AND ILLNESSES CHANGE THE RISK OF DYING FROM Estimated covid-19 risk if diagnosed in the United States. 90% confidence interval. Central estimate. 20 30 40 50 60 70 80 Age 84-year-old woman 84-year-old woman Hospitalisation 20.8% MILK TEA’S COLONIAL ROOTS MAKE IT A SURPRISING SYMBOL FOR 6 hours ago · Pro-democracy activists from Hong Kong and Taiwan sprang to the defence of Chivaaree, who was subjected to a fusillade of abuse. Among their A NEW VERSION OF ESSEX MAN IS BORN IN THE NORTH 1 day ago · The London-based commentariat has convinced itself that Geordie Tory is a left-behind loser who voted for a Brexit and Boris spit-roast to express his rage at globalisation.THE ECONOMIST
The world at your fingertips. Subscribe for unlimited access to world-leading reporting and analysis. Subscriber-only benefits. Full access to all Economist digital products DO INCENTIVES OF CASH OR GIFTS FOR COVID-19 VACCINES WORK 3 hours ago · The value of the loot on offer varies. In parts of Beijing, Sinovac jabs come with two cartons of eggs. Elsewhere in China chicken wings, flour or free entry to parks are available. InRajkot, an
A FLICKER OF LIGHT FOR THE TREATMENT OF ALZHEIMER’S AFTER ALMOST two decades, the FDA has granted conditional approval to a drug for the treatment of Alzheimer’s disease, called aducanumab.But the
BRAZIL | JUN 5TH 2021 | THE ECONOMIST On the brink Brazil. Brazil. Special reports - Jun 5th 2021. Brazil: The captain and his country. The Amazon: Money trees. Politics: In need of reform. Sources and acknowledgments. VACCINATING THE WORLD: 2BN SHOTS DONE, 13BN TO GO Approximately one-quarter of the world's adults have now received at least one dose of a covid-19 vaccine. This is a remarkable achievement, given that less than 18 A GROWING NUMBER OF GOVERNMENTS HOPE TO CLONE AMERICA’S Enjoy more audio and podcasts on iOS or Android. The new agencies must also work out how to get their innovations out of the lab. There is aclose
CHINA’S REVEALING AFGHAN STRATEGY China’s revealing Afghan strategy. O N MAY 9TH China’s foreign ministry was asked to comment on an atrocity in the Afghan capital, Kabul. Terrorists had detonated a EDUCATED VOTERS’ LEFTWARD SHIFT IS SURPRISINGLY OLD AND Every year, the 10% of voters with the most years of schooling gravitated towards left-wing parties, while the remaining 90% slid the other way. By 2000, this had gone on for so long that, as a VOTERS SHOULD CURB MEXICO’S POWER-HUNGRY PRESIDENT Voters should curb Mexico’s power-hungry president. I N A WORLD plagued by authoritarian populists, Mexico’s president has somehow escaped the limelight. Liberals furiously condemn the erosion WHY SANCTIONS DO NOT ALWAYS WORK Why sanctions do not always work. Governments see them as a way to punish and influence other states. But they have unintended consequences. WITHIN 48THE ECONOMIST
The world at your fingertips. Subscribe for unlimited access to world-leading reporting and analysis. Subscriber-only benefits. Full access to all Economist digital products A FLICKER OF LIGHT FOR THE TREATMENT OF ALZHEIMER’S AFTER ALMOST two decades, the FDA has granted conditional approval to a drug for the treatment of Alzheimer’s disease, called aducanumab.But the
BRAZIL | JUN 5TH 2021 | THE ECONOMIST On the brink Brazil. Brazil. Special reports - Jun 5th 2021. Brazil: The captain and his country. The Amazon: Money trees. Politics: In need of reform. Sources and acknowledgments. VACCINATING THE WORLD: 2BN SHOTS DONE, 13BN TO GO Approximately one-quarter of the world's adults have now received at least one dose of a covid-19 vaccine. This is a remarkable achievement, given that less than 18 A GROWING NUMBER OF GOVERNMENTS HOPE TO CLONE AMERICA’S Enjoy more audio and podcasts on iOS or Android. The new agencies must also work out how to get their innovations out of the lab. There is aclose
CHINA’S REVEALING AFGHAN STRATEGY China’s revealing Afghan strategy. O N MAY 9TH China’s foreign ministry was asked to comment on an atrocity in the Afghan capital, Kabul. Terrorists had detonated a EDUCATED VOTERS’ LEFTWARD SHIFT IS SURPRISINGLY OLD AND Every year, the 10% of voters with the most years of schooling gravitated towards left-wing parties, while the remaining 90% slid the other way. By 2000, this had gone on for so long that, as a GOVCOINS: THE DIGITAL CURRENCIES THAT WILL TRANSFORM Govcoins: The digital currencies that will transform finance – Weekly edition of The Economist for May 8th 2021. You've seen the news, now discover the story. VOTERS SHOULD CURB MEXICO’S POWER-HUNGRY PRESIDENT Voters should curb Mexico’s power-hungry president. I N A WORLD plagued by authoritarian populists, Mexico’s president has somehow escaped the limelight. Liberals furiously condemn the erosion HOW BIG FIRMS RIP OFF AFRICAN CONSUMERS How big firms rip off African consumers. K OKO MINGI VIII, king of the Nembe people, had a vigorous approach to trust-busting. In 1895 he leda pre-dawn
DAILY BRIEFING
Honda, Japan’s second-largest carmaker after Toyota, revealed that it had returned to profit in the quarter ending on March 31st. It reported profits of ¥213.2bn ($1.95bn) compared with a loss DO INCENTIVES OF CASH OR GIFTS FOR COVID-19 VACCINES WORK 3 hours ago · The value of the loot on offer varies. In parts of Beijing, Sinovac jabs come with two cartons of eggs. Elsewhere in China chicken wings, flour or free entry to parks are available. InRajkot, an
THE ECONOMIST
The Economist - World News, Politics, Economics, Business LIONEL SHRIVER ON AGEING, COVID-19 AND THE PURPOSE OF 3 hours ago · Contemporary fiction Lionel Shriver on ageing, covid-19 and the purpose of fiction “Should We Stay or Should We Go”, her latest novel, approaches a morbid subject with a sense ofhumour
THE ECONOMIST
The Economist - World News, Politics, Economics, Business A FLICKER OF LIGHT FOR THE TREATMENT OF ALZHEIMER’S AFTER ALMOST two decades, the FDA has granted conditional approval to a drug for the treatment of Alzheimer’s disease, called aducanumab.But the
WILL VACCINATIONS KICK-START TRAVEL? 22 hours ago · VACCINATIONS HAVE helped ease national lockdowns, but restrictions on international travel remain severe. When and how might they be lifted? Willie Walsh of the International Air Transport WHAT COUNTS AS A JOURNEY INTO SPACE? 22 hours ago · ON JUNE 7TH Jeff Bezos, the owner of Blue Origin, a rocket maker, announced that on July 20th he would be one of the first people to ride into space in THE BIG-PHARMA FIRM THAT SAW THE FUTURE R OCHE IS A strange entity. The Swiss giant is the world’s second-biggest drugmaker and one of big pharma’s most profitable firms. But its largest shareholding group, mostly descended from AMERICA’S WARY APPROVAL OF AN ALZHEIMER’S DRUG OFFERS HOPE 23 hours ago · NEWS THAT America’s Food and Drug Administration (FDA) has granted conditional approval to a new drug, aducanumab, to be marketed as Aduhelm, for The Economist - Homepage Skip to content* Today
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EL SALVADOR’S PRESIDENT SUMMONS THE ARMY TO BULLY CONGRESS Nayib Bukele may get his way, at the price of damaging democracy THE AMERICAS Feb 13th 2020 edition -------------------------Feb 13th 2020
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NAYIB BUKELE, the president of El Salvador, draws notice outside his country for his youth, his jet-black beard and his mastery of social media. Now his authoritarianism is a trending topic. The sight of Mr Bukele entering the National Assembly on February 9th, alongside soldiers toting machine guns, shocked onlookers at home and abroad. He plonked himself in the empty chair reserved for the president of congress. “I liked seeing those empty seats,” he tweeted. “It made it easier for me to imagine them full of honest people who workfor the people.”
Congress accused the president of staging an “attempted coup”. The Constitutional Court rebuked Mr Bukele. _El Faro_, a Salvadorean news website, called his stunt “the lowest moment that Salvadorean democracy has lived in three decades”. He retorted, not very reassuringly, “If I were a dictator, I would have taken control ofeverything.”
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