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A Mind-Bending Technology Goes Mainstream Electronic Line Calling Get Closer to the Hawk-Eye Innovations, UK UK’S Game-Changing Technology

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A Mind-Bending Technology Goes Mainstream Electronic Line Calling Get Closer to the Hawk-Eye Innovations, UK UK’S Game-Changing Technology Taiwan and the one-China fiction IS up against the wall in Mosul In praise of quinoa, millet and teff Is there a bubble in the markets? MARCH 11TH–17TH 2017 Quantum leaps A mind-bending technology goes mainstream Electronic Line Calling Get closer to the Hawk-Eye Innovations, UK UK’s game-changing technology. Millimetres separate victory from defeat in any sport. Now used by 20 sports in over 80 tournaments worldwide, Hawk-Eye’s electronic line calling service is making sport fairer, smarter and more spectacular. It’s just one example of the ingenuity that the UK’s 5.5 million companies can offer your business. Find your ideal trade partner at great.gov.uk Contents The Economist March 11th 2017 3 5 The world this week 32 WikiLeaks, again The spy who came in for the code Leaders 33 Chicago 7 Subatomic opportunities This American carnage Quantum leaps 33 Campus free speech 8 Britain’s budget Blue on blue Spreadsheets v politics 34 Lexington 8 Stockmarkets Safety politics Bubble-spotting 9 Geopolitics The Americas Ryancare The House proposal One China, many meanings 35 Brazil’s president to amend Obamacare may 10 Food snobbery and Accidental, consequential break parts of America’s economics health-insurance market, In praise of quinoa 36 Race in the Caribbean On the cover Curry cultures page 30 After a century stuck in 38 Bello textbooks, mind-bending Letters Stealing Venezuela quantum effects are about to 11 On renewable energy power mainstream innovation: leader, page 7. Middle East and Africa Big firms and startups are Briefing 39 Defeating Islamic State putting some of quantum 17 The one-China policy Mosul on the brink physics’ oddest phenomena The great brawl of China to use: Technology Quarterly, 40 Egypt’s economy after page 42 Green shoots Asia 41 A port for Gaza 21 Australia’s economy Preventing the next war The Economist online On a chiko roll 41 Cameroon Lingua fracas Taiwan The one-China policy is Daily analysis and opinion to 22 Votes in Western Australia Hanson’s return 42 South Africa a preposterous fib—but supplement the print edition, plus America should keep it: audio and video, and a daily chart 23 Free speech in Singapore An epidemic of rape Economist.com leader, page 9. The polite Grumble and be damned fiction that there is only one E-mail: newsletters and 23 North Korea and Malaysia Technology Quarterly: China has helped keep the mobile edition A despot takes hostages Quantum devices peace in East Asia. But it is Economist.com/email 24 Pakistan Here, there and becoming harder to sustain, Print edition: available online by Pak on track? everywhere pages 17-19 7pm London time each Thursday 26 Banyan After page 42 Economist.com/print Where Japan and South Audio edition: available online Korea get on to download each Friday Europe Economist.com/audioedition 43 The Dutch elections China The populists’ dilemma 27 Economic reform 44 A new charter for Turkey Caretaker of the chrysalis Me, the people 28 Non-Communist parties 45 Humanitarian visas Any colour so long as it’s red Another way in? Volume 422 Number 9031 28 Dodging censorship 45 Macedonia’s ethnic crisis Published since September 1843 Xi, the traitor Scared in Skopje to take part in "a severe contest between intelligence, which presses forward, and 46 Strays in Istanbul Mosul The Iraqi army is on the an unworthy, timid ignorance obstructing United States When fat cats are good brink of defeating Islamic our progress." State. But the government 29 Democracy in America 48 Charlemagne Editorial offices in London and also: France’s presidential car must move fast if it is not to Atlanta, Beijing, Berlin, Brussels, Cairo, Chicago, Everything-gate Lima, Mexico City, Moscow, Mumbai, Nairobi, crash squander its victory, page 39 New Delhi, New York, Paris, San Francisco, 30 Replacing Obamacare São Paulo, Seoul, Shanghai, Singapore, Tokyo, Medicine or poison? Washington DC 31 Lobbying for refugees That’s awesome 31 The updated travel ban Improved, unjust 1 Contents continues overleaf 4 Contents The Economist March 11th 2017 Britain 65 Green-shipping finance Cleaning up dirty ships 49 The budget Calm before the storm 66 The Dutch economy Who’s Nexit? 50 Higher taxes Read my lips 68 Free exchange Secular stagnation 50 Northern Ireland An upset in Ulster 51 European Union migrants Science and technology Administrative agonies 70 Synthetic biology 52 Bagehot Something’s brewing Grains The spread of exotic The strained state 71 Underwater drones Mukesh Ambani India’s cereals is evidence that A clever solution richest man makes the business globalisation works: leader, world’s most audacious bet: International 71 Women in research page 10. West Africans are Fairer than it was Schumpeter, page 60 eating more like Asians. 53 Grain consumption 72 Road accidents Asians are eating more like Of rice and men Safe on taxis Americans. And the richest Subscription service Americans…, page 53 72 Smartphone diagnostics For our full range of subscription offers, Business Pictures of health including digital only or print and digital combined visit 55 The mining business 73 Sexual attractiveness Economist.com/offers The richest seam My chemical romance You can subscribe or renew your subscription by mail, telephone or fax at the details below: 56 Snap’s IPO Telephone: +65 6534 5166 A rollercoaster week Books and arts Facsimile: +65 6534 5066 57 PSA buys Opel Web: Economist.com/offers E-mail: [email protected] Used carmaker 74 The future of America Too complacent Post: The Economist 57 North American railways Subscription Centre, The whistle’s blowing 75 Social media Tanjong Pagar Post Office Divided democracy PO Box 671 58 Micro-multinationals Singapore 910817 75 Dutch fiction Chinese and overseas Subscription for 1 year (51 issues)Print only Rarely flat, never dull Australia A$465 59 Steelmaking China CNY 2,300 Insurance The business moves Furnace of innovation 76 Consciousness explained Hong Kong & Macau HK$2,300 The blind Bach-maker India 10,000 from simply paying claims to 60 Schumpeter Japan Yen 44,300 77 Japanese theatre Korea KRW 375,000 providing services, page 61. Is Mukesh Ambani’s big bet Malaysia RM 780 the future of insurance named The sounds of silence New Zealand NZ$530 Singapore & Brunei S$425 after a soft drink? Page 62. Taiwan NT$9,000 Two Scottish asset managers Finance and economics Thailand US$300 80 Economic and financial Other countries Contact us as above try to defend their share of a 61 The future of insurance indicators shrinking pie, page 62 Counsel of protection Statistics on 42 economies, 62 Peer-to-peer insurance plus our monthly poll of Principal commercial offices: Lemonade fizzes forecasters 25 St James’s Street, London sw1a 1hg Tel: +44 20 7830 7000 MSCI World Index 62 Asset management January 1st 2016=100, $ terms Choosing Life Rue de l’Athénée 32 120 Obituary 1206 Geneva, Switzerland 63 Buttonwood Tel: +4122 566 2470 110 82 Mostafa el-Abbadi Worried Singapore All the books in the world 750 3rd Avenue, 5th Floor, New York, NY 10017 Tel: +1212 5410500 100 64 Deutsche Bank Charting a new course 1301Cityplaza Four, 90 12 Taikoo Wan Road, Taikoo Shing, Hong Kong 64 The China-trade shock Tel: +852 2585 3888 80 Economists squabble 2016 2017 Other commercial offices: 65 Global property prices Chicago, Dubai, Frankfurt, Los Angeles, Paris, San Francisco and Singapore Share prices Stockmarkets are Searching for sanctuary booming. Their underpinnings are fragile: leader, page 8. Economic recovery will put the theory of “secular stagnation” PEFC certified to the test: Free exchange, This copy of The Economist page 68. The mining industry is printed on paper sourced from sustainably managed hopes for another supercycle, forests, recycled and controlled page 55 sources certified by PEFC PEFC/01-31-162 www.pefc.org © 2017 The Economist Newspaper Limited. All rights reserved. Neither this publication nor any part of it may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of The Economist Newspaper Limited. Published every week, except for a year-end double issue, by The Economist Newspaper Limited. The Economist is a registered trademark of The Economist Newspaper Limited. Publisher: The Economist. Printed by Times Printers (in Singapore). M.C.I. (P) No.030/09/2016 PPS 677/11/2012(022861) The world this week The Economist March 11th 2017 5 most severe recession on Irish nationalist party, surged missile system in South Korea, Politics record. But inflation and in- by 34%, provoked by the DUP’s which annoyed China. terest rates are falling, which hardline campaign. Talks now should spur a recovery. begin to create a new power- A special prosecutor in South sharing executive. Korea said that the president, Bolivia’s president, Evo ParkGeun-hye, should be Morales, signed a law to Authorities in several German charged with corruption and expand the area on which the cities blocked visiting Turkish abuse ofoffice. The constitu- cultivation ofcoca, the raw ministers from speaking at tional court is weighing material forcocaine, is rallies that were held to en- whether to remove Ms Park allowed. Under the new law, courage local Turkish citizens from office on similar grounds. farmers may now grow coca to vote forconstitutional It is due to rule on March 10th. on 22,000 hectares, up from changes granting more power 12,000 hectares previously. Mr to Recep Tayyip Erdogan, Police in the Philippines said Morales, a formerleader of a Turkey’s president. The au- they were resuming their coca-growers’ union, defends thorities said the rallies violat- controversial war on drugs, Donald Trump signed a re- the crop as a traditional stim- ed safety rules.
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