The Economist [UK] (20 February 2016)
Format: PDF / Kindle (mobi) / ePub
The Economist claims it "is not a chronicle of economics." Rather, it aims "to take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress." It takes an editorial stance which is supportive of free trade, globalisation, government health and education spending, as well as other, more limited forms of governmental intervention. It targets highly educated readers and claims an audience containing many influential executives and policy-makers. The publication belongs to The Economist Group, half of which is owned by the Financial Times, a subsidiary of Pearson PLC. A group of independent shareholders, including many members of the staff and the Rothschild banking family of England, owns the rest. A board of trustees formally appoints the editor, who cannot be removed without its permission. In addition, about two thirds of the 75 staff journalists are based in London, despite the global emphasis.
The “infinite capacity” of 5G wireless Syria’s wars within wars The fight over Scalia’s empty seat Junta to Thais: smile or else FEBRUARY 20TH– 26TH 2016 The long, cruel rule of the Romanovs THE WORLD ECONOMY The Economist February 20th 2016 3 Contents 5 The world this week Leaders 7 The world economy Out of ammo? 8 The South China Sea Sunnylands, cloudy waters 8 America’s Supreme Court After Scalia 9 The war in Syria The peril of inaction 10 Reforming FIFA SEC as a parrot On the cover
irritation, for his majority opinion in 2008 ﬁnding an individual right to own guns in the Second Amendment, or his vote two years later to regard corporations as bearers of free-speech rights. In last year’s dissent to the gay-marriage ruling, Mr Scalia issued a scathing review of the ﬁve justices who had widened marriage laws. The judges were not interpreting the constitution, but changing it: “This practice of constitutional revision by an unelected committee of nine, always accompanied (as it
political programme. For almost three years he has contended with conservatives who have bridled at his outreach to the West, even impeaching one of his ministers, and have stymied his economic, political and cultural initiatives. That said, the popular Mr Rohani is not yet ﬁnished. Iran’s naysayers look more rudderless than its reformists. Pragmatic conservatives know that without ﬁnance from the West the Islamic republic could collapse. Iran aspires to be a bubbly BRIC economy, but growth was
constitutional change that would extend the powers of his presidency. Terriﬁed journalists censor themselves before government goons do it for them. Public contracts reward friends; foes are ﬁned for supposed tax violations. Turkey’s political and ethnic cleavages grow ever wider. Meanwhile the region is aﬂame. The ﬁghting around Aleppo (see page 34), over the Syrian border, has created a fresh stream of refugees. Desperate to stop Syrian Kurds from expanding their territory along the border,
2016 Entry into service? Source: Company and press reports 2 safety certiﬁcation by authorities in Ameri- ca and Europe. Ruthless pricing by Airbus of its A320neo and Boeing of its 737 MAX, as well as fears over Bombardier’s ﬁnancial viability, have made the company’s cashﬂow situation worse by discouraging new orders. Until Air Canada announced the purchase of up to 75 of the plane’s larger CS300 variant, on February 17th, there had been no orders since 2014. It will be a long haul before