The Economist (11 August 2007)(2007)(140).Pdf
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SEARCH RESEARCH TOOLS Economist.com Choose a research tool... advanced search » Subscribe Activate RSS Help Saturday August 11th 2007 Welcome = requires subscription My Account » Manage my newsletters LOG OUT » » PRINT EDITION Print Edition August 11th 2007 On the cover Previous print editions Subscribe America is probably turning Aug 4th 2007 Subscribe to the print edition left—but not in the way many Jul 28th 2007 Or buy a Web subscription for foreigners (and some Jul 21st 2007 full access online Americans) hope: leader Jul 14th 2007 Jul 7th 2007 RSS feeds Receive this page by RSS feed More print editions and covers » The world this week Politics this week Full contents Subscribe Business this week Enlarge current cover KAL's cartoon Past issues/regional covers Business Leaders NEWS ANALYSIS America's car industry The road to recovery POLITICS THIS WEEK American politics Is America turning left? Corporate crime in America BUSINESS THIS WEEK Collared The Koreas OPINION Mr Kim has the neighbours in Glue and paint Leaders Unsticking ICI Letters to the editor America, Israel and the Palestinians Blogs A modest ambition European energy Columns The Hungarian defence Kallery British airports Hell on wings Telecoms in Africa WORLD Not so EASSy Language United States The Americas Plus ça change? Not quite Indian retailing Asia Gently does it Middle East & Africa Europe Letters Face value Britain To hell and back International On Iran, Sarbanes-Oxley, the Royal Navy, English, Country Briefings “The Simpsons” Briefing Cities Guide Briefing Procter & Gamble SPECIAL REPORTS Will she, won't she? The American right BUSINESS Under the weather Management Finance & Economics Business Education United States Monetary policy FINANCE & ECONOMICS It ain't easy America's creaking infrastructure Economics Focus Asset-backed securities Economics A-Z A bridge too far gone Sold down the river Rhine SCIENCE & TECHNOLOGY The boom in roundabouts Merry-go-round Investment banking Technology Quarterly Faith healing Energy policy BOOKS & ARTS A flurry of good intentions Buttonwood Style Guide Prime movers Political campaigning Chinese lenders PEOPLE Grown up and buttoned-down Black-market banking Obituary Professional sport Curb your enthusiasm Personal finance MARKETS & DATA The boomers' babies Weekly Indicators Hurricane insurance Currencies Wishing the wind not to blow Economics focus Rankings The mandarins of money Big Mac Index Lexington Chart Gallery Partners and power Correction: The dollar DIVERSIONS The Americas Science & Technology Correspondent’s Diary Venezuela Neuroscience RESEARCH TOOLS The rise of the “Boligarchs” Blossoming brains AUDIO Argentina and Venezuela Medicine DELIVERY OPTIONS Business partners Skeleton keys E-mail Newsletters Canada Astrophysics Mobile Edition The politics of war Hitch-hiking to the moon RSS Feeds Screensaver Evolutionary biology Asia CLASSIFIED ADS Tit for tat The Beijing Olympics On your marks (and Lenin) Books & Arts Economist Intelligence Unit Economist Conferences Pakistan Pugin The World In Intelligent Life The emergency ward Gothic's moral superiority CFO Roll Call The Philippines Communism and Nazism European Voice Treasure hunt Compare and contrast EuroFinance Conferences Economist Diaries and Bangladesh Religion Business Gifts Up to their necks Rules of the game Timor-Leste New poetry Buffalo blues Kestrels on the wind's edge An Indian scam New play Advertisement Citizen Malhotra The muddiness of right and wrong Asia's rich and poor Locarno film festival For whosoever hath, to him shall be given, and he Outdoor movies shall have more Obituary Middle East & Africa Tommy Makem Zimbabweans in South Africa No welcome, no let-up Economic and Financial Indicators Darfur Overview A dream writ in water Congo-Brazzaville Output, prices and jobs Oil, votes and Ninjas The Economist commodity-price index The Gaza Strip Staying alive The Economist poll of forecasters, August averages Egypt Trade, exchange rates, budget balances and interest A summer of discontents rates Iran Markets Culture and Islamic guidance Exchange rates against the dollar Europe France and Germany Disillusion across the Rhine Bulgaria and the European Union EUphoria, for now Denmark's bridges Crossing the waters Russia's new assertiveness Ships, subs and missiles Charlemagne For your eyes only Britain Agriculture Life on the land Foot-and-mouth disease Own goal Heathrow hell Britain's Awful Airports Britain, Iraq and America Blowback Snap election Pre-emptive strike Scottish politics Shadow and substance News from the regions Magnetic south Bagehot Summer in the noughties Articles flagged with this icon are printed only in the British edition of The Economist International Globalisation and health The maladies of affluence Advertisement Classified ads Sponsors' feature About sponsorship » Jobs Business / Tenders Property Jobs Business / Chief Risk Officer Consumer Concession of Poti Waterfront Villa for Coordinator System Consumer Founded in 1961, #1 rated internet Seaport and Yacht & Golf lovers Wide Initiative on #1 rated internet UBA is the largest business looking for operation of free Waterfront Villa for HIV / AIDS business looking for financial institution in professional industrial zone Yacht & Golf lovers Africa Rice Center professional West Africa with a consultants. No The Ministry of Island of Mallorca (WARDA) invites consultants. No balance .... previous technical Economic SW, S.... applications for the previous technical experience required. Development of pos.... experience required. Geo.... About Economist.com | About The Economist | Media Directory | Staff Books | Advertising info | Career opportunities | Contact us Copyright © The Economist Newspaper Limited 2007. All rights reserved. Advertising Info | Legal disclaimer | Accessibility | Privacy policy | Terms & Conditions | Help Politics this week Aug 9th 2007 From The Economist print edition North and South Korea announced that South Korea's president, Roh Moo-hyun, will travel to Pyongyang later this month for a meeting with North Korea's leader, Kim Jong Il. It will be the first such summit since 2000, and only the second the two countries have ever held. See article Pakistan's president, General Pervez Musharraf, contemplated imposing a state of emergency. His government cited the threat from Islamist extremists. But critics say he wants to curb the power of the judiciary. See article After unusually severe monsoon flooding in South Asia, the United Nations AP gave warning that, with 28m people directly affected, millions faced risks to their health from a lack of clean water. See article In Timor-Leste, President José Ramos-Horta invited Xanana Gusmão, his predecessor and a hero of the resistance to Indonesian rule, to become prime minister. Fretilin, the outgoing ruling party and still the largest force in parliament, could not forge a majority coalition following elections in June. It rejected the president's decision as illegal. See article With a televised extravaganza in Tiananmen Square, China's government celebrated the beginning of the one-year countdown to next year's Beijing Olympics. The date was also marked by protests from Tibetans, journalists and dissidents. Meanwhile, concerns were raised about the potential effects of the city's choking air pollution on athletes. See article The upper house of Japan's Diet (parliament) named as its president Satsuki Eda of the Democratic Party of Japan, following the defeat of the Liberal Democratic Party in elections last month. It is the first time an opposition party has taken control of the upper house since the LDP came to power in 1955. Zoologists failed to find a Yangtze River dolphin during a survey of the creature's historic range, the first likely extinction of a large vertebrate in 50 years. Other scientists discovered a species of bat, rodent, two types of shrews and two new frogs in the Democratic Republic of Congo. On the brink of collapse Poland's government wobbled again. Self-Defence, a junior coalition partner, said it would pull out of the coalition with the ruling Law and Justice Party. Meanwhile, the Law and Justice prime minister, Jaroslaw Kaczynski, sacked the interior minister. It was suggested that an early election might be on the cards. Georgia complained volubly about a Russian missile that it said had been dropped by Russian aircraft into a field near the breakaway Georgian republic of South Ossetia. The Russians said the Georgians must have dropped the bomb themselves. See article Turkey's prime minister, Recep Tayyip Erdogan, met his Iraqi counterpart, Nuri AFP al-Maliki, in Ankara, and secured Mr Maliki's agreement to do more to uproot Kurdish PKK terrorists from northern Iraq. Yet since Mr Maliki has little power in northern Iraq, the Turkish army is still pressing to invade and do the job itself. A labour court halted a planned national rail strike in Germany, on the ground that it would be disruptive to holiday-makers. But the threat of a strike over rail-workers' claim for a 31% pay rise remains. Divided they fall In Lebanon, pro- and anti-government parties each claimed wins in a by- election to fill two parliamentary seats left vacant by political assassinations over the past year. The more hotly contested, in a largely Christian district, saw the pro-government former president, Amin Gemayel, lose by a hair to a challenger from a party allied to Hizbullah, a result that underlined divisions among Lebanon's Christians without strengthening either side. Five Iraqi MPs announced