The Economist.04.26.2008
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SEARCH RESEARCH TOOLS Economist.com Choose a research tool... advanced search » Subscribe Activate RSS Help Friday April 25th 2008 Welcome = requires subscription My Account » Manage my newsletters LOG OUT » » PRINT EDITION Print Edition April 26th 2008 On the cover Previous print editions Subscribe The Gulf countries are Apr 19th 2008 Subscribe to the print edition managing their wealth better Apr 12th 2008 Or buy a Web subscription for during this oil boom than they Apr 5th 2008 full access online did during the last one: leader Mar 29th 2008 Mar 22nd 2008 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 A special report on Vietnam Leaders NEWS ANALYSIS Half-way from rags to riches POLITICS THIS WEEK Gulf economies A bit of everything The rise of the Gulf BUSINESS THIS WEEK Two wheels good, four wheels better Vietnam OPINION Asia's other miracle Entrepreneurs unbound Leaders Letters to the editor Chinese nationalism The return of the boat people Blogs Flame on Columns From basket case to rice basket Kallery The Democrats Swinging in the wind Revealing its hidden charm WORLD Bank capital United States We want to be your friend The Americas Joseph and the amazing technicalities Asia How long can the party last? Middle East & Africa Recovery at Fiat The miracle of Turin Europe Sources and acknowledgments Britain International Letters Offer to readers Country Briefings Cities Guide On Israel, Bertelsmann, Tibet, bitter politics Business SPECIAL REPORTS Briefing Business and human rights BUSINESS Beyond the “genocide Olympics” Management Gulf economies Samsung Business Education How to spend it Lee bows out FINANCE & ECONOMICS Carmaking in China United States Economics Focus Collision ahead Economics A-Z The Democrats in Pennsylvania Yahoo! and Microsoft SCIENCE & TECHNOLOGY No surrender Still No Technology Quarterly On the campaign trail Computer security Primary colour Pain in the aaS BOOKS & ARTS Campaign finance Style Guide Lawyers in India Mammon, McCain and Obama Legally barred PEOPLE Death penalty Antitrust in Europe Obituary A pointless extinction Race to confess MARKETS & DATA Immigration Face value Weekly Indicators Not very nICE Fuld of experience Currencies Rankings History in California Correction: Oil and gas in Peru Big Mac Index Fighting for a piece of Clio Chart Gallery Health Briefing DIVERSIONS Eat, smoke and die early Fiat Correspondent’s Diary Rural schools Rebirth of a carmaker Shrinking pains RESEARCH TOOLS Lexington AUDIO AND VIDEO Finance & Economics Only in America DELIVERY OPTIONS UBS E-mail Newsletters The Americas Wealth mismanagement Audio edition Buttonwood Mobile Edition A tale of two Mexicos RSS Feeds Swap shop North and south Screensaver Interest rates Cuba CLASSIFIED ADS On second thoughts Fins ain't wot they used to be Spanish housing Colombia Counting the costa Economist Intelligence Unit Cousin Mario Economist Conferences Japanese finance The World In Bolivia Intelligent Life My bow is my bond Once more to the brink CFO Roll Call Economics focus European Voice Bankers' trust EuroFinance Asia Economist Diaries and Business Gifts India Science & Technology Reprints and Permissions Shovelling for their supper Human evolution China Before the exodus Manage that anger Human reproduction Indonesia Sugar and spice... Advertisement Bully pulpit Learning and longevity Australia Green, no queen Critical thinking Nauru Thunder and lightning Dumped on again Out of the clouds The Philippines The brain Too many babies? Early warning system Correction: Myanmar Correction: Financial endocrinology Middle East & Africa Books & Arts Iraq Israeli documentary cinema Nuri al-Maliki, a dogged survivor Belonging in Israel Saudi Arabia The global ruling class Our women must be protected Billion-dollar babies The Palestinian territories American history Chickens and eggs Big bite Zimbabwe Egyptian life The stalemate turns bloody An unorthodox insight New fiction 1 Waves of pleasure New fiction 2 The unremembered Europe Correction: Babylon Cyprus A glimmer of hope, with ice cream Obituary Northern Italy and Alitalia Good money after bad Ollie Johnston Germany's generation gap Economic and Financial Indicators Oldies with muscle Iceland's economy Overview Till debt us do part Output, prices and jobs The press in eastern Europe Less free speech The Economist commodity-price index Charlemagne Ireland Europe's Marxist dilemma Trade, exchange rates, budget balances and interest rates Britain Markets The Labour government Beleaguered Mr Brown Top exporters London's election Every vote counts—twice Credit markets A lifeline for banks Banks Look Ma, no capital Breaking up BAA Turbulence ahead Refinery strike Running on empty Cycling Four wheels bad... Bagehot Methuselah's lament Articles flagged with this icon are printed only in the British edition of The Economist International The UN and human rights A screaming start Olympic games The ghosts of Mexico 1968 Advertisement Classified ads Sponsors' feature About sponsorship » Jobs Business / Tenders Property Jobs Business / Senior Lecturer in Consumer Request for Business and Assets Market Analyst Consumer Economics Executive Expressions of of Mubuyu Farms Senior Invites Internship Queen's University Development Interest Limited YOU'VE GOT THE Applications for our Belfast Ref: Program - Inclusive Management The Joint Receivers SKILLS AND Total Immersion 08/100378 Queen's and Sustainable Sciences for Health, and Managers of TALENT, WE'VE Program in Finance & University Business: Creating Inc. (MSH) is Mubuyu Farms GOT THE ENERGY. Development Management.... Markets with the Poor currently s.... Limited (.... Total is a global oil (TIP/FD) 2008 .... and.... About Economist.com | About The Economist | Media Directory | Staff Books | Advertising info | Career opportunities | Contact us Copyright © The Economist Newspaper Limited 2008. All rights reserved. Advertising Info | Legal disclaimer | Accessibility | Privacy policy | Terms & Conditions | Help Produced by =ECO PDF TEAM= Welcome to visit www.ecocn.org Politics this week Apr 24th 2008 From The Economist print edition Hillary Clinton won the Democratic primary election in Pennsylvania by more than nine percentage points, a wider margin of victory than had been expected. Although she hardly dented Barack Obama's overall lead in delegates, Mrs Clinton will hope that the result boosts her argument that she is the more electable candidate in November's general election. The next big contests for the Democrats are Indiana and North Carolina on May 6th. Mrs Clinton said that America could “totally obliterate” Iran if it launched a nuclear attack on Israel. See article John McCain appeared to be rewriting the campaign playbook when he asked Republicans in North Carolina not to run adverts attacking Barack Obama's association with a politically incorrect pastor, Jeremiah Wright. Mr McCain said such attack ads only served to increase divisions. Pundits were sceptical that such a noble sentiment could endure the general election. China's Olympic ideal AFP The torch relay for the Beijing Olympics proceeded, under tight security, through Delhi, Bangkok, Kuala Lumpur, Jakarta and Canberra. Meanwhile, several Chinese cities saw protests against Carrefour, a French retail chain; protesters were angered by the rough reception the torch relay received in Paris, as well as other perceived slights from France. The Chinese press urged the demonstrators to keep their patriotism within “rational” bounds. See article In one of the most serious clashes in recent years in the north of Sri Lanka, the army said that 43 soldiers and 100 Tamil Tiger rebels had been killed in fighting in the Jaffna peninsula. The Tigers claimed they had killed 100 soldiers and lost 16 of their fighters. A court in Indonesia sentenced two members of Jemaah Islamiah, the extremist group responsible for the 2002 Bali bombing, to 15 years in jail. See article Khieu Samphan, head of state in Cambodia under the Khmers Rouges, made his first appearance at a genocide tribunal in Phnom Penh. His lawyers argued that he had no real power, and so was not responsible for any of the estimated 2m deaths the Khmers Rouges caused. Itching for a fight Georgia called an emergency meeting of the United Nations Security Council, claiming that Russia had shot down one of its spy drones over Abkhazia. The incident followed a Russian decision to step up links with the breakaway region in order to put more pressure on the Georgians. The Italian government offered a euro300m ($500m) emergency loan to Alitalia, Italy's troubled national airline, after Air France-KLM pulled out of takeover talks. Silvio Berlusconi, who will take over as Italy's prime minister in May, promised that a group of Italian companies and banks would put together a new rescue plan for Alitalia. See article Teachers in Britain staged their first national strike in 21 years. It came amid a bad week for Gordon Brown, the prime minister, who faced an open revolt from Labour members of Parliament over a tax plan that increases the burden on the working poor. See article The Danish and Dutch governments evacuated their embassies in Kabul after threats from extremists over Danish cartoons of Muhammad and a Dutch film vilifying the Koran. The Danes and the Dutch have also moved staff out of their respective missions in Algeria and Pakistan. Iraqi resurgents