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[Ccebook.Cn]The Economist October 25Th 2008 www.EliteBook.net Search Welcome Economist.com My accountManage my newsletters Log out Requires subscription Friday October 24th 2008 Site feedback Home Print edition October 25th 2008 This week's print edition Into the storm Previous print editions Subscribe Daily news analysis How the emerging world copes Oct 18th 2008 Subscribe to the print edition Opinion with the tempest will affect the Oct 11th 2008 All opinion Or buy a Web subscription for world economy and politics for Oct 4th 2008 full access online Leaders a long time: leader Sep 27th 2008 Letters to the Editor Sep 20th 2008 RSS feeds Blogs Receive this page by RSS feed Columns More print editions and KAL's cartoons covers » Correspondent's diary Economist debates The world this week World politics Politics this week All world politics Business this week Politics this week KAL's cartoon International A special report on corporate IT United States The Americas Leaders Let it rise Asia Middle East and Africa The financial crisis Where the cloud meets the ground Europe Into the storm Britain Creating the cumulus Land reform in China Special reports Still not to the tiller On the periphery Business All business Information technology Highs and lows Business this week Clouds and judgment Management The long nimbus Iraq Business education When to call the soldiers home Computers without borders Finance and economics The state as owner All finance and economics Sources and acknowledgments Economics focus Re-bonjour, Monsieur Colbert Economics A-Z Offer to readers Letters Markets and data All markets and data Business Daily chart On the European Union, Stephen Harper, religion, Weekly indicators health care, fair-value accounting, organ donations, Technology start-ups face the downturn World markets Cuban-Americans, Russia, the state Fright night in the valley Currencies Kirk Kerkorian Rankings Briefing Big Mac index No country for old men Eastern Europe Pharmaceuticals Science and technology All science and technology Who's next? A chill wind Technology Quarterly American retailing Technology Monitor United States Left on the shelf Books and arts All books and arts The ground campaign Fast food in China Style guide Obama's earnest army Here comes a whopper Prediction Face value People People Poll, baby, poll! Climate of fear Obituaries The deficit Briefing Diversions How big is too big? Audio and video Women voters Hedge funds in trouble Audio and video library Hard to get The incredible shrinking funds Audio edition Senate races in the South Prime brokers Research tools Scrambling the red states Do the brokey-cokey All research tools Articles by subject The Udalls Backgrounders Lords of the West Finance and economics Economics A-Z Special reports Western economies Emerging markets Style guide The Mormon work ethic A taxonomy of trouble Country briefings Swing states: Pennsylvania The IMF All country briefings McCain's last stand No strings attached China India Lexington Money markets Brazil The rise of the Obamacons Thawing out United States Russia Bank regulation The Americas Mewling and puking Print subscriptions Subscribe to The Argentina Buttonwood Economist Cristina's looking-glass world Margin for error Renew my subscription Manage my subscription Latin America and the United States Wall Street on trial Activate full online access The more things change Hunting for scalps Digital delivery Brazil Asian credit markets Economist.com Licensed to scribble Belly ache subscriptions E-mail newsletters Canada Economics focus Audio edition Hazardous hypocrisy A helping hand to homeowners Mobile edition RSS feeds Asia Screensaver www.EliteBook.netScience & Technology Classifieds and jobs China's housing market Surveillance technology What goes up If looks could kill The Economist Group About the Economist Group Chinese press controls Lunar science Economist Intelligence Unit Eating their words Lick that! Economist Conferences The World In South Korea The evolution of homosexuality Intelligent Life Second time around Gender bending CFO Roll Call Thailand X-rays and sticky tape European Voice Thaksin come home See-through tape EuroFinance Reprints and permissions India and Sri Lanka Big brother is watching you Books & Arts EIU online store Pakistan Israel Economist shop The last resort Jewish and democratic Advertisment Kashmir's environment “Things Fall Apart” How green was my valley? A golden jubilee Water in Australia Alex the African Grey The dry last ditch My parrot and I AIDS in India Middle East & Africa Sex and the poor Saudi Arabia “Byzantium” The struggle against al-Qaeda Domes of gold Zambia The outsider versus the cobra Obituary Kenya Ted Briggs Spread the blame Nigeria's president Economic and Financial Indicators Please hurry up Overview Output, prices and jobs The Economist commodity-price index Europe The Economist commodity-price index Nicolas Sarkozy Trade, exchange rates, budget balances and interest The president who loved summits rates France's finance minister Markets On Lagarde Total tax revenue Spain and the civil war Ghost story East Germany's past The history boys Italian immigration When Brussels trumps Rome Turkey's economy In need of an anchor Charlemagne Preparing for a new president Britain The politics of a shrinking economy End of the phoney peace Equality Pain all round, please Graduate recruitment What next? Literary legacies An uncommon gift Abortion in Northern Ireland No change Migration Coming or going? Pension problems Model at risk Bagehot The king of Corfu Articles flagged with this icon are printed only in the British edition of The Economist International The anti-West An axis in need of oiling Endangered languages When nobody understands Catholics and Jews The weight of history Advertisement About sponsorship Jobs Business / Consumer Tenders Property Jobs Business / Consumer Head of External Notice of Competition INVITATION FOR BID Presitigious Property in Translation Coordinator Apply Now - Own the Relations Paris, France - ICANN world's leading Internet CRT Foundation, LAGOS STATE Consultancy. No London Business Prestigious Property Translation among whose GOVERNMENT, Previous tech School is a world missions is to FEDERAL REPUBLIC in Paris, France Coordinator Internet experience required. class business support qualified OF NIGEwww.EliteBook.netRIA PRIME LOCATIO… Corporation for Full Training and school. Our research projec… SANITARY LANDFILL Assigned Names and Certification. Over outstanding faculty DESIGN-BUILD-O… NumbersEver wa… 1500 successful and … franchisees worldwide. About Economist.com About The Economist Media directory Staff books Career opportunities Contact usSubscribe Site feedback Copyright © The Economist Newspaper Limited 2008. All rights reserved. Advertising info Legal disclaimer Accessibility Privacy policyTerms & ConditionsHelp Politics this week Oct 23rd 2008 From The Economist print edition George Bush held a meeting at Camp David to discuss the global financial AFP crisis with Nicolas Sarkozy, the French president, who is also the current head of the European Union, and José Manuel Barroso, the president of the European Commission. Later, a date of November 15th was set for a summit in Washington of 20 countries, including such emerging economies as China, India, Russia and South Korea. The summit will address a “common set of principles” for reforming the regulation of international markets. Broadly speaking, the Europeans want more of it, but the Americans are resisting. In a speech to the European Parliament in Strasbourg Mr Sarkozy suggested that governments should take shareholdings in big companies and that Europe should set up the equivalent of sovereign-wealth funds to deter foreign predators. See article Ben Bernanke threw his support behind a new $150 billion stimulus package that the Democrats want to pass. The chairman of the Federal Reserve said the measure “seemed appropriate” given the outlook for a protracted economic slowdown. See article Barack Obama received a big boost with an endorsement from Colin Powell. Mr Bush’s first secretary of state described the Democrat as a “transformational figure” who would “electrify” America and the world. Mr Obama held out the possibility of offering Mr Powell a formal position in his administration, should he win. See article Amid the financial crisis and economic woes it emerged that the Republican Party spent some $150,000 on “campaign accessories” for Sarah Palin in September. The party went on a shopping spree at stores such as Neiman Marcus and Barneys to kit out the self-styled hockey mom. Early-polling booths opened across Florida. Election officials reported a steady turnout of voters eager to avoid long queues on November 4th. Down to earth China’s Communist Party revealed details of reforms intended to make it easier for farmers to transfer land and consolidate landholdings. But the reform stopped short of changing the “collective” ownership of rural land or allowing farmers to mortgage their land and houses. India successfully launched its first mission to the moon. An unmanned EPA spacecraft will undertake a two-year exploration in orbit around the moon, mapping the distribution of minerals and elements. The IMF reported that Pakistan had asked it for help to cope with a balance-of- payments crisis. This followed the apparent failure of efforts to raise bilateral loans from America, China and Swww.EliteBook.netaudi Arabia. See article A route across the line of control separating Indian- and Pakistani-controlled Kashmir was opened to lorry traffic for the first time in 60 years. Thailand’s Supreme Court found Thaksin Shinawatra, a former prime minister currently in Britain, guilty of corruption and sentenced him to two years in prison. Protests continued in Bangkok against the present government, led by Mr Thaksin’s brother-in-law, Somchai Wongsawat. See article The police in Indonesia said they had arrested five members of a militant Islamist cell who were planning to blow up an oil depot in Jakarta. Jacob’s ladder In South Africa the judge who dismissed a corruption case against Jacob Zuma, the leader of the ruling African National Congress, said that prosecutors could appeal against the ruling.
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