2019-08-10 The Economist.pdf

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Guns: America’s tragic exceptionalism
Modi’s bad move on Kashmir
From trade war to currency war
Seed capital—the business of fertility
AUGUST 10TH–16TH 2019
How will this end?
What’s at stake in Hong Kong
BRIGHTLINE IS A PROJECT MANAGEMENT INSTITUTE INITIATIVE TOGETHER WITH
Contents
The world this week
6
A summary of political
and financial news
Leaders
The future of Hong Kong
How will this end?
US-China trade
Dangerous escalation
Mass shootings
It’s the guns
Kashmir’s status
Modi’s bad move
Endangered species
The elephant in the room
19
20
21
22
23
United States
Mass shootings
Toni Morrison
Sheriff Tom Dart
Wyoming coal
Lexington
Rowing about
rights
The Americas
Espírito Santo, Brazil’s
model state
Argentina’s election
Venezuela’s sanctions
Cruises and the Caribbean
The Economist
August 10th 2019
3
9
10
10
11
On the cover
If China were to react brutally,
the consequences would be
disastrous—and not just for
Hong Kong: leader,
page 9.
Asia’s pre-eminent financial
centre is on the brink: briefing,
page 16
Guns: America’s tragic
exceptionalism
Other rich
countries do not have frequent
mass shootings. There is a
simple reason for that: leader,
page 10.
America grapples with a
lethal mix of terrorism and lax
gun laws,
page 19
Modi’s bad move on Kashmir
The revocation of its autonomy
points to a radical nationalist
agenda: leader,
page 11.
Narendra Modi dashes the old
rules in a bid to remake a
troubled territory,
page 29
From trade war to currency
war
America cannot have a
strong economy, rising tariffs
and a weak dollar all at the same
time: leader,
page 10.
Hostilities
escalate, and the fog of war
descends,
page 57
Seed capitalism—the
business of fertility
Investors
are pouring money into
companies that promise to help
people conceive,
page 50
12
26
27
28
28
Letters
14
On happiness and
politics, Zhao Ziyang,
America, plastic, Boris
Johnson, the Moon
Briefing
16
Turmoil in Hong Kong
Seeing red
29
30
31
31
Asia
Modi’s Kashmir strike
Uzbekistan’s gulag
Japan’s constitution
Race in Singapore
China
32
Tensions with Taiwan
33
Saving old buildings
34
Chaguan
The Huawei
conundrum
35
36
37
37
38
Middle East & Africa
African universities
More mathematicians
Liberia on the edge
Ride-sharing in Lebanon
Egypt’s poor
Buttonwood
How
yuan-dollar became the
world’s most closely
watched asset price,
page 58
1
Contents continues overleaf
4
Contents
The Economist
August 10th 2019
39
40
40
42
42
43
44
Europe
Migrants in Italy
Norway’s fish-smugglers
Brussels’ revolving doors
Social care in the
Netherlands
Tension in the Black Sea
The Faroes’ puffins
Charlemagne
The
eastern summer
57
58
59
59
60
61
62
Finance & economics
The trade war escalates
Buttonwood
The yuan
cracks seven
John Flint leaves HSBC
The Fed and payments
Bond yields turn negative
Global banks in India
Free exchange
The growth
of shrinkflation
Britain
45
Can anyone stop no-deal?
46
5G in Scotland’s islands
47
Bagehot
Theresa 2.0
Science & technology
64
Space debris and safety
65
The IPCC land-use report
66
The virtues of bush fires
International
48
The trade in
endangered species
67
68
69
69
70
Books & arts
Walter Bagehot
Maternal fears
Life in New Orleans
Art and activism in
Australia
Johnson
Size v simplicity
50
51
52
52
53
53
53
54
55
Business
The fertility business
Fertility benefits
Investors flee the Permian
Steelmaking and tariffs
Apps for the old
Cash in America Inc
Private equity in Germany
Bartleby
Profiting from
holidays
Schumpeter
Cyber Exxon
Valdez
Economic & financial indicators
72
Statistics on 42 economies
Graphic detail
73
Silicon Valley’s giants look more entrenched than ever before
Obituary
74
Sutopo Purwo Nugroho, Indonesia’s voice of good sense
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