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The Economist Magazine - July 5, 2008

English | PDF | 163 Pages | 2.33 MB

The Economist is an English-language weekly news and international affairs publication owned by "The Economist Newspaper Ltd" and edited in London. It has been in continuous publication since James Wilson established it in September 1843. As of 2006, its average circulation topped one million copies a week, about half of which are sold in North America.Consequently it is often seen as a transatlantic (as opposed to solely British) news source.



IN THIS ISSUE

International government: What a way to run the world
Global institutions are an outdated muddle; the rise of Asia makes their reform a priority for the West.

The credit crunch: Britain's sinking economy
It is going to get nasty; exactly how bad depends on the Bank of England and, especially, Gordon Brown.

Colombia: Gracias and good night
Despite his coup in freeing Ingrid Betancourt, ?lvaro Uribe should not seek a third term.

The oil price: Don't blame the speculators
Politicians who try to make oil cheaper by restraining speculation will just make things worse.

Malaysia: South-East Asia's Gorbachev?
Abdullah Badawi certainly does not deserve that title. With boldness, he could yet do so.

The presidential campaign: Return to centre
John McCain is veering off to the right -- and making things too easy for Barack Obama.

Regulating pesticides: A balance of risk
Pesticides keep food edible and cheap. On the other hand they are, by definition, poisonous. Europe's legislators thus face a dilemma.

Wine and health: Of sommeliers and stomachs
Red wine exercises its benefits before it enters the bloodstream.

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