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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 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 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 forDAILY 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. RESEARCHERS ARE CLOSING IN ON LONG COVID Researchers are closing in on long covid. The results are alarming. Science & technology May 1st 2021 edition. I N THE 1890s one of the biggest pandemics in history, known at the time as 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 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 CONTINENTAL EUROPE ENTERS THE GENDER WARS 1 day ago · Self-ID, as it is known, is the idea that people be allowed to change the legal markers of their sex simply by saying so, without jumping through any medical hoops.Trans-rights groups say thisis
A LESS LOOPHOLE-RIDDLED SYSTEM FOR TAXING COMPANIES IS A new architecture A less loophole-riddled system for taxing companies is within reach But governments should not expect a gusher of extrarevenue
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. WILL EMPTY SHOPFRONTS REVIVE AS NEW YORK COMES BACK TO SIT BY BAR Pisellino, a chic watering hole in the West Village, a swanky neighbourhood in Manhattan, and the world seems to have righted itself. Patrons munch on fat green olives and sip fizzy THE MANY FACES OF SEBASTIAN KURZ A SENSE OF déjà vu surrounds Sebastian Kurz, the Austrian chancellor. It is certainly not due to his appearance. At 34, he is a decade or three younger than most European leaders. A slicked-back LEBANESE MOVE TO WEST AFRICA, ESCAPING THE CRISIS AT HOME More than 250,000 Lebanese probably live in west Africa. It is impossible to know how many have moved there since Lebanon’s economic crisis began in THE BRITISH GOVERNMENT IS TURNING CHILDREN’S PRISONS INTO The government is having to change the law on charitable status, to make it explicit charities are allowed to operate prisons—one reasonwhy
WHY ARE MOROCCO’S FAMED ARTISANS PAVING ROADS IN THE 1 day ago · Today, though, the winding alleys of Safi’s famed Colline des Potiers (Potter’s Hill) are quiet. The tourists who thronged the streets—and bought the pottery—have gone, because ofcovid-19.
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 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. 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 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
JAIR BOLSONARO IS NOT THE ONLY REASON HIS COUNTRY IS IN A HOSPITALS ARE full, favelas echo with gunfire and a record 14.7% of workers are unemployed. Incredibly, Brazil’s economy is smaller nowthan it
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 HOW MANY AMERICAN CHILDREN HAVE CUT CONTACT WITH THEIR Joshua Coleman, a psychologist and the author of “Rules of Estrangement”, found in a recent survey of 1,600 estranged parents that more than 70% had divorced their child’s other parent 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
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. FOREIGNERS RUSH INSIDE THE GREAT WALL EARLY LAST year, as covid-19 brought China to a near-halt for several weeks, multinational corporations caught a glimpse of a different kind of globalisation: one without a 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 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 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% 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 CONTINENTAL EUROPE ENTERS THE GENDER WARS 1 day ago · Self-ID, as it is known, is the idea that people be allowed to change the legal markers of their sex simply by saying so, without jumping through any medical hoops.Trans-rights groups say thisis
MILK TEA’S COLONIAL ROOTS MAKE IT A SURPRISING SYMBOL FOR 16 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 WILL EMPTY SHOPFRONTS REVIVE AS NEW YORK COMES BACK TO SIT BY BAR Pisellino, a chic watering hole in the West Village, a swanky neighbourhood in Manhattan, and the world seems to have righted itself. Patrons munch on fat green olives and sip fizzy HOW AMERICA INC IS COPING WITH RISING INFLATION Economists debate whether the rapid climb in consumer prices, which rose at an annual rate of 5% in May, the fastest since August 2008, will prove as enduring as 50 years ago. Input prices forTHE 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 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 BUNGED UP: HOW THE GREEN BOOM COULD GET STUCK Bunged up: How the green boom could get stuck – Weekly edition of The Economist for Jun 12th 2021. You've seen the news, now discoverthe story.
BRAZIL | JUN 5TH 2021 | THE ECONOMIST Brazil. Special report from The Economist. You've seen the news, nowdiscover the story.
WHY CORONAVIRUS VARIANTS ARE NAMED USING THE GREEK 2 hours ago · The simplicity is obvious. The variant now known as beta, for example, was the second to be designated a variant of concern, and previously landed with the appellations 501Y.V2 or “THE GOAL IS TO RE-ESTABLISH THE WEST AS A PURPOSEFUL 2 hours ago · The Intelligence “The goal is to re-establish the West as a purposeful force that’s able to act together”—the G7 meets Also on the daily podcast: Britain’s ruling at the free speech AMERICAN SCHOOLS TEACH READING ALL WRONG 16 hours ago · P HONICS, 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 THE MANY FACES OF SEBASTIAN KURZ A SENSE OF déjà vu surrounds Sebastian Kurz, the Austrian chancellor. It is certainly not due to his appearance. At 34, he is a decade or three younger than most European leaders. A slicked-back HISTORIC BATH’S STRUGGLE TO BE BOTH GREEN AND PLEASANT Bath is an extreme example of a trade-off faced by much of the country. Britain has the oldest housing stock in Europe, with one in five homes more than 100 years old. JAIR BOLSONARO IS NOT THE ONLY REASON HIS COUNTRY IS IN A HOSPITALS ARE full, favelas echo with gunfire and a record 14.7% of workers are unemployed. Incredibly, Brazil’s economy is smaller nowthan it
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 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 BUNGED UP: HOW THE GREEN BOOM COULD GET STUCK Bunged up: How the green boom could get stuck – Weekly edition of The Economist for Jun 12th 2021. You've seen the news, now discoverthe story.
BRAZIL | JUN 5TH 2021 | THE ECONOMIST Brazil. Special report from The Economist. You've seen the news, nowdiscover the story.
WHY CORONAVIRUS VARIANTS ARE NAMED USING THE GREEK 2 hours ago · The simplicity is obvious. The variant now known as beta, for example, was the second to be designated a variant of concern, and previously landed with the appellations 501Y.V2 or “THE GOAL IS TO RE-ESTABLISH THE WEST AS A PURPOSEFUL 2 hours ago · The Intelligence “The goal is to re-establish the West as a purposeful force that’s able to act together”—the G7 meets Also on the daily podcast: Britain’s ruling at the free speech AMERICAN SCHOOLS TEACH READING ALL WRONG 16 hours ago · P HONICS, 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 THE MANY FACES OF SEBASTIAN KURZ A SENSE OF déjà vu surrounds Sebastian Kurz, the Austrian chancellor. It is certainly not due to his appearance. At 34, he is a decade or three younger than most European leaders. A slicked-back HISTORIC BATH’S STRUGGLE TO BE BOTH GREEN AND PLEASANT Bath is an extreme example of a trade-off faced by much of the country. Britain has the oldest housing stock in Europe, with one in five homes more than 100 years old. JAIR BOLSONARO IS NOT THE ONLY REASON HIS COUNTRY IS IN A HOSPITALS ARE full, favelas echo with gunfire and a record 14.7% of workers are unemployed. Incredibly, Brazil’s economy is smaller nowthan it
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 WHY CORONAVIRUS VARIANTS ARE NAMED USING THE GREEK 2 hours ago · The simplicity is obvious. The variant now known as beta, for example, was the second to be designated a variant of concern, and previously landed with the appellations 501Y.V2 or “THE GOAL IS TO RE-ESTABLISH THE WEST AS A PURPOSEFUL 2 hours ago · The Intelligence “The goal is to re-establish the West as a purposeful force that’s able to act together”—the G7 meets Also on the daily podcast: Britain’s ruling at the free speech FOREIGNERS RUSH INSIDE THE GREAT WALL EARLY LAST year, as covid-19 brought China to a near-halt for several weeks, multinational corporations caught a glimpse of a different kind of globalisation: one without a WILL COMMERCIAL JETS BREAK THE SOUND BARRIER ONCE AGAIN 22 hours ago · UBS, a bank, thinks supersonic travel has a future.It puts the cumulative size of the market at between $80bn and $280bn by 2040, depending on regulatory hurdles and whether the planes are DIGITAL DREAMS AND DISAPPOINTMENTS IN “THE STARTUP WIFE 20 hours ago · ASHA AND Cyrus get married after they sleep together for the first time. Asha is a talented coding expert with a background in brain modelling. Cyrus, though, is “consistently,encyclopaedically
WILL EMPTY SHOPFRONTS REVIVE AS NEW YORK COMES BACK TO SIT BY BAR Pisellino, a chic watering hole in the West Village, a swanky neighbourhood in Manhattan, and the world seems to have righted itself. Patrons munch on fat green olives and sip fizzy CRYPTOCOINS ARE PROLIFERATING WILDLY. WHAT ARE THEY ALL 23 hours ago · MIAMI IS THE mecca of anti-establishment finance. Or so it seemed on June 4th and 5th, when 12,000 people clad in everything from flannel suits A NEW VERSION OF ESSEX MAN IS BORN IN THE NORTH 21 hours 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. KYRSTEN SINEMA’S TECHNICOLOUR MODERATION WHEN KYRSTEN SINEMA first sashayed into the Senate, liberal hearts fluttered. The 42-year-old was one of the youngest women elected tothe
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 HOW GREEN BOTTLENECKS THREATEN THE CLEAN ENERGY BUSINESS 19 hours 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 AMERICAN SCHOOLS TEACH READING ALL WRONG 10 hours ago · P HONICS, 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 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 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 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. 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 HOW GREEN BOTTLENECKS THREATEN THE CLEAN ENERGY BUSINESS 19 hours 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 AMERICAN SCHOOLS TEACH READING ALL WRONG 10 hours ago · P HONICS, 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 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 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 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. 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
COVID-19 HAS GIVEN SOUTH KOREA’S BIOTECH FIRMS A SHOT IN 16 hours ago · UNTIL EARLY 2020 Seegene was a medium-sized South Korean purveyor of medical diagnostics with around $110m in annual sales. On January 27th FOREIGNERS RUSH INSIDE THE GREAT WALL EARLY LAST year, as covid-19 brought China to a near-halt for several weeks, multinational corporations caught a glimpse of a different kind of globalisation: one without a IRAN HAS RIGGED ITS ELECTION TO FAVOUR EBRAHIM RAISI, A IT IS PROBABLY a bad sign when one of the few memorable moments in a presidential debate is an admission that the ballot is rigged. Thecandidates
CRYPTOCOINS ARE PROLIFERATING WILDLY. WHAT ARE THEY ALL 18 hours ago · MIAMI IS THE mecca of anti-establishment finance. Or so it seemed on June 4th and 5th, when 12,000 people clad in everything from flannel suits AMERICAN SCHOOLS TEACH READING ALL WRONG 10 hours ago · P HONICS, 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 WHY IS VLADIMIR PUTIN SO AFRAID OF ALEXEI NAVALNY? 12 hours ago · For an answer, go back a decade. In 2011, when Vladimir Putin’s United Russia party won a rigged parliamentary election, Mr Navalny, then a popular blogger and fierce critic of theKremlin, led
DIGITAL DREAMS AND DISAPPOINTMENTS IN “THE STARTUP WIFE 15 hours ago · ASHA AND Cyrus get married after they sleep together for the first time. Asha is a talented coding expert with a background in brain modelling. Cyrus, though, is “consistently,encyclopaedically
REMOTE WORKERS WORK LONGER, NOT MORE EFFICIENTLY 16 hours ago · THE RETURN to the office is well under way, just as summer in the northern hemisphere begins. Pretty soon, people will be able to resume the habit of staring wistfully out of the window,hoping it
THE CAPTAIN AND HIS COUNTRY The captain and his country. Brazil is backsliding. Politicians, businesses and voters must act before it is too late, says Sarah Maslin. O NE DAY in April, as Brazilian hospitals ran out of KYRSTEN SINEMA’S TECHNICOLOUR MODERATION WHEN KYRSTEN SINEMA first sashayed into the Senate, liberal hearts fluttered. The 42-year-old was one of the youngest women elected tothe
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 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 A TOWN IN BRAZIL HAS VACCINATED NEARLY EVERYONE AGAINST These results could boost vaccine uptake across Brazil, hopes Ethel Maciel, an epidemiologist. But 75% is a long way off. Only 11% ofBrazilians are
GOOGLE SETTLES WITH FRENCH TRUSTBUSTERS 13 hours ago · A NOTHER DAY, another antitrust case against big tech.In May alone the attorney-general of the District of Columbia filed a complaint against Amazon, Germany’s competition authoritywent after
MORE EVIDENCE EMERGES OF INDIA’S TRUE DEATH TOLL FROM Yet as Indians emerge from lockdowns, it is not easy to shake off the gloom. True, the official death toll has fallen steadily for the past month, to half its peak of over 4,000 a day in mid-May. THE QUAD IS FINDING ITS PURPOSE, AT LAST O N AGAIN, OFF AGAIN for years, the security grouping known as the Quad appears in recent months to be gaining purpose at last. Not least, the two members who are not part of A FAILURE TO REFORM PERU IS POISED TO PRODUCE A LURCH TO 12 hours ago · F OR MUCH of this century Peru stood out in Latin America as a success. The economy grew at an annual average rate of 5.6% between 2001 and WHY ARE MOROCCO’S FAMED ARTISANS PAVING ROADS IN THE 12 hours ago · Today, though, the winding alleys of Safi’s famed Colline des Potiers (Potter’s Hill) are quiet. The tourists who thronged the streets—and bought the pottery—have gone, because ofcovid-19.
AS POLITICAL RISK FADES, BRITISH GOVERNMENT DEBT IS BACK 12 hours ago · Foreign enthusiasm for gilts is not only down to a resurgent pound. A swift vaccine roll-out points to a faster recovery from the covid-19 pandemic in Britain than elsewhere in Europe. POLITICIANS IN THE PHILIPPINES ARE HOLDING RAFFLES TO I N SAN LUIS, in Pampanga province, it is a cow.In Sucat, a district of Manila, it is 25kg of rice. And in Las Pinas, nearby, it is two motorcycles and a brand new house. These are some of theTHE 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 AMERICAN SCHOOLS TEACH READING ALL WRONG 7 hours ago · P HONICS, 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 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. THE QUAD IS FINDING ITS PURPOSE, AT LAST O N AGAIN, OFF AGAIN for years, the security grouping known as the Quad appears in recent months to be gaining purpose at last. Not least, the two members who are not part 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
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 THE CAPTAIN AND HIS COUNTRY The captain and his country. Brazil is backsliding. Politicians, businesses and voters must act before it is too late, says Sarah Maslin. O NE DAY in April, as Brazilian hospitals ran out of JAIR BOLSONARO IS NOT THE ONLY REASON HIS COUNTRY IS IN A HOSPITALS ARE full, favelas echo with gunfire and a record 14.7% of workers are unemployed. Incredibly, Brazil’s economy is smaller nowthan it
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
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. COVID-19 HAS GIVEN SOUTH KOREA’S BIOTECH FIRMS A SHOT IN 13 hours ago · UNTIL EARLY 2020 Seegene was a medium-sized South Korean purveyor of medical diagnostics with around $110m in annual sales. On January 27th FOREIGNERS RUSH INSIDE THE GREAT WALL EARLY LAST year, as covid-19 brought China to a near-halt for several weeks, multinational corporations caught a glimpse of a different kind of globalisation: one without a CRYPTOCOINS ARE PROLIFERATING WILDLY. WHAT ARE THEY ALL 14 hours ago · MIAMI IS THE mecca of anti-establishment finance. Or so it seemed on June 4th and 5th, when 12,000 people clad in everything from flannel suits IRAN HAS RIGGED ITS ELECTION TO FAVOUR EBRAHIM RAISI, A IT IS PROBABLY a bad sign when one of the few memorable moments in a presidential debate is an admission that the ballot is rigged. Thecandidates
REMOTE WORKERS WORK LONGER, NOT MORE EFFICIENTLY 13 hours ago · THE RETURN to the office is well under way, just as summer in the northern hemisphere begins. Pretty soon, people will be able to resume the habit of staring wistfully out of the window,hoping it
DIGITAL DREAMS AND DISAPPOINTMENTS IN “THE STARTUP WIFE 11 hours ago · ASHA AND Cyrus get married after they sleep together for the first time. Asha is a talented coding expert with a background in brain modelling. Cyrus, though, is “consistently,encyclopaedically
THE CAPTAIN AND HIS COUNTRY The captain and his country. Brazil is backsliding. Politicians, businesses and voters must act before it is too late, says Sarah Maslin. O NE DAY in April, as Brazilian hospitals ran out of WHY IS VLADIMIR PUTIN SO AFRAID OF ALEXEI NAVALNY? 8 hours ago · For an answer, go back a decade. In 2011, when Vladimir Putin’s United Russia party won a rigged parliamentary election, Mr Navalny, then a popular blogger and fierce critic of theKremlin, led
MAURITANIA MAY BE CHANGING FOR THE BETTER “FIRST I WILL buy food,” says Fatou, smiling as she receives 2,000 ouguiya ($55) in crisp notes. She needs the help. Her lodgings, a few small rooms in a seedy quarter of Nouakchott KYRSTEN SINEMA’S TECHNICOLOUR MODERATION WHEN KYRSTEN SINEMA first sashayed into the Senate, liberal hearts fluttered. The 42-year-old was one of the youngest women elected tothe
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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 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
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 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 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 ITALY’S POPULIST RIGHT LOOKS MENACING ON MAY 20TH Italy’s interior minister, Luciana Lamorgese, was due in Tunis with the EU’s commissioner for home affairs, Ylva Johansson, to investigate and discuss a humanitarian crisis that 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
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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 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
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 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 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 ITALY’S POPULIST RIGHT LOOKS MENACING ON MAY 20TH Italy’s interior minister, Luciana Lamorgese, was due in Tunis with the EU’s commissioner for home affairs, Ylva Johansson, to investigate and discuss a humanitarian crisis that 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
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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 WHAT COUNTS AS A JOURNEY INTO SPACE? 10 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 PANDEMIC PARENTING SLANG: ARE YOU A CURLING DAD OR A 16 hours ago · T he only thing worse than the sleepless nights is the insufferable lingo. New parents receive an onslaught of advice, most of it in perplexing jargon or acronyms (if you’ve become a WILL VACCINATIONS KICK-START TRAVEL? 10 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 “HE CAME TO POWER PROMISING GRAND THINGS; REALLY WHAT HE’S 19 hours ago · The Intelligence “He came to power promising grand things; really what he’s done is polarise the country”—Mexico votes Also on the daily podcast: AMERICA’S WARY APPROVAL OF AN ALZHEIMER’S DRUG OFFERS HOPE 11 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 IN SOME COUNTRIES, PEOPLE THINK THEY HAVE TOO MUCH FREEDOM 11 hours ago · Daily chart In some countries, people think they have too much freedom of speech A new survey shows that in Kenya, Nigeria and Tunisia, citizens reckon there is too much liberty to give offence WHO IS REALLY IN CHARGE OF NEW YORK CITY? New York City was settled by Dutch migrants in around 1625, but the city that is familiar to most people did not exist until 1898, when five counties—best known by their borough names: the Bronx AMERICA BOTH HELPS AND HINDERS CHINA’S MILITARY-INDUSTRIAL The best-laid battle plans America both helps and hinders China’s military-industrial complex Domestic demand for weapons is up. But American sanctions mayTHE 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 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
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 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 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 ITALY’S POPULIST RIGHT LOOKS MENACING ON MAY 20TH Italy’s interior minister, Luciana Lamorgese, was due in Tunis with the EU’s commissioner for home affairs, Ylva Johansson, to investigate and discuss a humanitarian crisis that 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
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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 BRAZIL | JUN 5TH 2021 | THE ECONOMIST Brazil. Special report from The Economist. You've seen the news, nowdiscover the story.
VACCINATING THE WORLD: 2BN SHOTS DONE, 13BN TO GO Daily chart Vaccinating the world: 2bn shots done, 13bn to go The mass-inoculation effort has been unprecedented in its scale and speed. But the distribution of jabs is highly uneven 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
EDUCATED VOTERS’ LEFTWARD SHIFT IS SURPRISINGLY OLD AND Brahmins v merchants Educated voters’ leftward shift is surprisingly old and international A new paper by Thomas Piketty makes the rise of right-wing populism look like a historical inevitability CHINA’S REVEALING AFGHAN STRATEGY ON MAY 9TH China’s foreign ministry was asked to comment on an atrocity in the Afghan capital, Kabul. Terrorists had detonated a car bomb outside a girls’ school, then two more bombs to kill 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 IN A WORLD plagued by authoritarian populists, Mexico’s president has somehow escaped the limelight. Liberals furiously condemn the erosion of democratic norms under Hungary’s Viktor Orban ITALY’S POPULIST RIGHT LOOKS MENACING ON MAY 20TH Italy’s interior minister, Luciana Lamorgese, was due in Tunis with the EU’s commissioner for home affairs, Ylva Johansson, to investigate and discuss a humanitarian crisis that 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 led a pre-dawn raid on the headquarters of the Royal Niger Company, a British firm that hadTHE ECONOMIST
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The Economist - World News, Politics, Economics, Business PANDEMIC PARENTING SLANG: ARE YOU A CURLING DAD OR A 15 hours ago · T he only thing worse than the sleepless nights is the insufferable lingo. New parents receive an onslaught of advice, most of it in perplexing jargon or acronyms (if you’ve become a WILL VACCINATIONS KICK-START TRAVEL? 9 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? 9 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 RSS First Step, the company’sreusable
AMERICA’S WARY APPROVAL OF AN ALZHEIMER’S DRUG OFFERS HOPE 9 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 WHO IS REALLY IN CHARGE OF NEW YORK CITY? New York City was settled by Dutch migrants in around 1625, but the city that is familiar to most people did not exist until 1898, when five counties—best known by their borough names: the Bronx IN SOME COUNTRIES, PEOPLE THINK THEY HAVE TOO MUCH FREEDOM 10 hours ago · Daily chart In some countries, people think they have too much freedom of speech A new survey shows that in Kenya, Nigeria and Tunisia, citizens reckon there is too much liberty to give offence “HE CAME TO POWER PROMISING GRAND THINGS; REALLY WHAT HE’S 18 hours ago · The Intelligence “He came to power promising grand things; really what he’s done is polarise the country”—Mexico votes Also on the daily podcast: CHINA WILL SOON OPEN A NEW STRETCH OF RAIL ACROSS TIBET The most obvious impact has been on tourism. In 2005 Tibet received fewer than 2m visits by tourists. By 2018 the number had soared to 33m trips (only 0.7% of them by foreigners). 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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