Latest blog posts

  • Russia's new cabinet

    Putin's gang

    May 23rd 2012, 18:18 by J.Y. | MOSCOW

    SINCE last September we have known that, come inauguration day in May 2012, Vladimir Putin would return to Russia's presidency, swapping jobs with Dmitry Medvedev, who would take up where Mr Putin left off as prime minister.

    Yet despite the months of preparation, the process of forming a new cabinet—named on Monday—was mired in confusion and delay. This was thanks partly to Mr Putin's lack of an overarching strategy for his new term. With preservation of stability his main concern, his campaign promises, now signed as presidential decrees, focused on spending pledges. Economic reality, however, may soon require harsher decisions.

    There are also questions about Mr Medvedev's position.

  • Barack and Bain

    A president's background training matters

    May 23rd 2012, 17:45 by M.S.

    EVERY couple of months, I cover a takeover bid. One major question at hand for analysts and reporters looking at any takeover bid, obviously, is: what are the potential synergies involved in this merger? You can have top-line synergies that grow revenue beyond the sum of the parts. Maybe a big chemical and nutrition company with a large presence in Europe and Asia that takes over a North American manufacturer of organic fatty acids will be able to use its sales force and client list to sell those fatty acids in new territory. Then there are bottom-line synergies, such as cost savings. Some of these might be technical.

  • Austerity

    Spot the difference, part three

    May 23rd 2012, 17:19 by Buttonwood

    THERE is a snappy blog post from Veronique de Rugy of George Mason University which shows the recent path of public spending in France, Greece, Italy, Spain and the UK. There is a huge difference, and you can see there clearly has been more austerity in some places than others. Greece has seen substantial spending cuts and Spanish numbers have come down (these are nominal numbers but you can see the real numbers in the bottom chart here). Italy and the UK have stabilised their spending total. In France, where Mr Hollande campaigned on an anti-austerity ticket, the steady upward trend seems unaltered.

  • Voting rights

    Wrong questions, wrong answers

    May 23rd 2012, 15:27 by J.F. | ATLANTA

    "DO WE still need the Voting Rights Act?" asks Jeffrey Toobin. Good question. Congress asked that very same thing in 2006. They said yes. And they said yes not to punish the South, or because they remain stuck in an antiquated mindset, or because judges on the DC Circuit Court of Appeals and lawyers at the Justice Department like poring over electoral maps.

    They said yes because they found evidence of continuing discrimination. It's true that nobody is getting lynched for voting or registering voters anymore. People are no longer being asked to tell poll workers how many bubbles are in a bar of soap in order to cast their ballots.

  • America's economy

    Fiscal cliffs, multipliers, and the myth of central bank independence

    May 23rd 2012, 15:26 by R.A. | WASHINGTON

    THE cryptic phrase "fiscal cliff" is creeping into news reports and economic analyses (including our own). Alongside "grexit" and "hard landing" it lurks as a mysterious and malevolent force waiting to wreak havoc on the global economy. The fiscal cliff is an American afflication. At the end of this year several major budget items are scheduled to expire, including an extension of the Bush tax cuts, an extension of the stimulus payroll tax cut, and an extension of emergency unemployment benefits. At the same time, the "sequester" cuts to defence and health spending negotiated as part of last year's debt-ceiling compromise are also due to take effect.

  • Videos on the web

    GoodTube

    May 23rd 2012, 14:10 by L.M.

    IT WAS an unlikely online hit. Where pop music, yawning cats or finger-biting infants generally rule, it was instead “Kony 2012”, a half-hour video about an African warlord, that caught the fleeting attention of the internet crowd. The video was much criticised for simplifying a complex issue, but there is little doubt that it succeeded in its goal: “to raise awareness”. Within a month of its release on YouTube, “Kony 2012” had been viewed some 88m times.

  • Daily chart

    Stamp duty

    May 23rd 2012, 13:41 by The Economist online

    What snail mail costs

    AS MANY newspaper owners have found out, it is extremely hard to make money by selling something that someone else is giving away. Postal services around the world have struggled to adapt since the the arrival of e-mail, often because they are tangled up in politics. Congress recently prevented the US Postal Service, which loses $25m a day, from closing some branches and ending Saturday delivery. In real terms, America’s postage price has fallen since 2001. Its postal service is the cheapest of the countries for which we have figures, charging just $0.45 to send a regular sized letter within the country.

  • Medical devices

    A ticking time-bomb

    May 23rd 2012, 10:46 by M.H. | SEATTLE

    A MAN with one clock knows what time it is, goes the old saw, a man with two is never sure. Imagine the confusion, then, experienced by a doctor with dozens. Julian Goldman is an anaesthetist at Massachusetts General Hospital in Boston. Like many modern health care facilities, it has become increasingly digitised and networked, with hundreds of high-tech medical devices feeding data to a centralised electronic medical record (EMR), which acts as both a permanent repository for health information and a system that can be accessed instantly by doctors to assist with clinical decisions.

  • Babbage: May 23rd 2012

    And soon, Mars?

    May 23rd 2012, 6:01 by The Economist online

    YAHOO! enjoys some rare good news, Facebook struggles, SpaceX successfully launches the Dragon and SceneTap opens to controversy in San Francisco

  • Defensive tactics in baseball

    Paradigm shift

    May 23rd 2012, 5:32 by D.R. | NEW YORK

    EVER since the Cleveland Indians put three infielders to the right of second base in 1948 against Ted Williams, a left-handed batter who rarely hit ground balls the opposite way, baseball teams have deployed defensive shifts against powerful lefties. Williams could easily have bunted the ball towards third base and sauntered down to first for a single. But he continued swinging as hard as he could, arguing that the defence would be irrelevant if he managed to hit a home run. Since then, the vast majority of hitters who have faced shifts have similarly refused to change their approach.

  • Gulliver
    Business travel

    In this blog, our correspondents inform and entertain business travellers with news, views and reviews that help them make the most of life on the road. Sign up for our weekly "Gulliver's best" newsletter to have the blog's highlights delivered to your inbox »

  • Free exchange
    Economics

    In this blog, our correspondents consider the fluctuations in the world economy and the policies intended to produce more booms than busts. Adam Smith argued that in a free exchange both parties benefit, and this blog's aim is to encourage a free exchange of views on economic matters.

  • Charlemagne's notebook
    European politics

    In this blog, our Charlemagne columnist considers the ideas and events that shape Europe, while dealing with the quirks of life in the Euro-bubble. An archive of print columns can be found here.

  • Democracy in America
    American politics

    In this blog, our correspondents share their thoughts and opinions on America's kinetic brand of politics and the policy it produces. The blog is named after the study of American politics and society written by Alexis de Tocqueville, a French political scientist, in the 1830s

  • Johnson
    Language

    In this blog, named after the dictionary-maker Samuel Johnson, our correspondents write about the effects that the use (and sometimes abuse) of language have on politics, society and culture around the world

  • Prospero
    Books, arts and culture

    Named after the hero of Shakespeare's "The Tempest", an expert on the power of books and the arts, this blog features literary insight and cultural commentary from our correspondents, and includes our coverage of the art market.

  • Babbage
    Science and technology

    In this blog, our correspondents report on the intersections between science, technology, culture and policy. The blog takes its name from Charles Babbage, a Victorian mathematician and engineer who designed a mechanical computer.

  • Game theory
    Sports

    On this blog, our correspondents analyse and report on sports minor and major, addressing the politics, economics, science and statistics of the games we play and watch.
    Send story ideas to gametheory@economist.com

  • Buttonwood's notebook
    Financial markets

    In this blog, our Buttonwood columnist grapples with the ever-changing financial markets and the motley crew who earn their living by attempting to master them. The blog is named after the 1792 agreement that regulated the informal brokerage conducted under a buttonwood tree on Wall Street.

  • Analects
    China

    In this blog, our correspondents provide insights into news about China. News is to be construed broadly; politics, finance, geography, language, fine art—all are fair game, in no particular order. We chose the name, which means "things gathered up" or "literary fragments" (and alludes to the title of a Confucian classic), to that end.

  • Lexington's notebook
    American politics

    In this blog, our Lexington columnist enters America’s political fray and shares the many opinions that don't make it into his column each week. The column and blog are named after Lexington, Massachusetts, where the first shots were fired in the American war of independence.

  • Graphic detail
    Charts, maps and infographics

    On this blog we publish a new chart or map every working day, highlight our interactive-data features and provide links to interesting sources of data around the web. The Big Mac index, house-price index and other regular features can be found on our Markets & data page

  • Banyan
    Asia

    In this blog, our Asia correspondents and our Banyan columnist provide comment and analysis on Asia's political and cultural landscape. The blog takes its name from the Banyan tree, under which Buddha attained enlightenment and Gujarati merchants used to conduct business.

  • Blighty
    Britain

    On this blog, our correspondents ponder political, cultural, business and scientific developments in Britain, the spiritual and geographical home of The Economist. It takes its name from a fond but faintly derogatory name for the mother country often used among British expats.

  • Bagehot's notebook
    British politics

    In this blog, our Bagehot columnist surveys the politics of Britain, British life and Britain's place in the world. The column and blog are named after Walter Bagehot, an English journalist who was the editor of The Economist from 1861 to 1877

  • Baobab
    Africa

    On this blog our correspondents delve into the politics, economics and culture of the continent of Africa, from Cairo to the Cape. The blog takes its name from the baobab, a massive tree that grows throughout much of Africa. It stores water, provides food and is often called the tree of life.

  • Clausewitz
    Defence, security and diplomacy

    In this blog, our correspondents provide reporting and analysis on the subjects of defence, security and diplomacy, covering weapons and warfare, spooks and cyber-attacks, diplomats and dead-drops. The blog is named after Carl von Clausewitz, the Prussian soldier and military theorist whose classic work, "On War", is still widely studied today.

  • Newsbook
    News analysis

    In this blog, our correspondents respond to breaking news stories and provide comment and analysis. The blog takes its name from newsbooks, the 16th- and 17th-century precursors to newspapers, which covered battles, disasters, debates and sensational trials

  • Leviathan
    Public policy

    In this blog, our public policy editor reports on how governments in Britain and beyond are rethinking and reforming the state's role in public services, the arts and life in general. The blog takes its name from Thomas Hobbes's book of 1651, which remains one of the most influential examinations of the relationship between government and society.

  • Schumpeter
    Business and management

    In this blog, our Schumpeter columnist and his colleagues provide commentary and analysis on the topics of business, finance and management. The blog takes its name from Joseph Schumpeter, an Austrian-American economist who likened capitalism to a "perennial gale of creative destruction"

  • Elysée
    France’s presidential election

    In this blog our Paris bureau chief reports and comments on the race for the French presidency. The blog is named after the official residence of the French president, an 18th-century palace in the 8th arrondissement of Paris. Our election coverage is collected here.

  • Eastern approaches
    Ex-communist Europe

    Eastern approaches deals with the economic, political, security and cultural aspects of the eastern half of the European continent. It incorporates the long-running "Europe.view" weekly column. The blog is named after the wartime memoirs of the British soldier Sir Fitzroy Maclean.

  • Americas view
    The Americas

    In this blog, our correspondents provide reporting, analysis and opinion on politics, economics, society and culture in Latin America, the Caribbean and Canada.

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