The Seeds of Nationalism of Money That Has Been Abandoning Mr

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The Seeds of Nationalism of Money That Has Been Abandoning Mr AT AGE 86, YOTAM OTTOLENGHI MUSEUMS A TRAIL- REMINISCES ON THE BEGIN TO BLAZING RICHNESS OF CITRUS, TAKE ON SCULPTOR Weekend WITH A RECIPE, TOO CRITICAL FORGES PAGE 27 | FOOD AND DRINK ISSUES AHEAD IN OF OUR THE ART TIMES ‘THE HANDMAID’S TALE’ WORLD VANESSA FRIEDMAN PAGE 22 | AND WHAT IT MEANS WEEKEND IN THE AGE OF TRUMP PAGE 19 | ON PRICE, POPULISM WEEKEND AND POLITICS ... AND PAGE 26 | BOOKS PEARLS AND PANTS PAGE 21 | STYLE .. INTERNATIONAL EDITION | SATURDAY-SUNDAY, MARCH 18-19, 2017 Dutch vote As Fed acts, not a defeat tremors are of populism felt across Cas Mudde the globe CIUDAD JUÁREZ, MEXICO OPINION Rate increase is driving The parliamentary election in the Netherlands on Wednesday was pre- money out of less affluent dicted to be the next populist show of nations, bringing hardship strength after the Brexit referendum and Donald Trump’s election. The Dutch BY PETER S. GOODMAN, would be the first of a number of Euro- KEITH BRADSHER AND NEIL GOUGH pean countries to succumb to the right- wing populists’ siren songs in 2017, with Francisca Hervis Reyes and her family the French not far behind. have persevered on the border, working It didn’t work out that way. in factories more than 1,300 miles from Geert Wilders, who is all too often their hometown. They remained even as described as a bleach blond or referred deadly warfare between drug cartels to as “the Dutch Trump,” did not defeat turned this city into one of the most dan- the conservative prime minister, Mark gerous on the planet. Rutte. In fact, he didn’t come close. But they may not endure the chang- With more than 95 percent of the vote ing predilections of the Federal Reserve. counted, Mr. Rutte’s People’s Party for Ms. Reyes is paid in Mexican pesos, a Freedom and Democracy, or V.V.D., currency that has been losing value as came first with 21.2 percent of the vote, the Fed, the central bank of the United compared with States, has signaled plans to raise inter- The Mr. Wilders’s est rates this year. In the parched ter- Party for Free- rain just south of the United States bor- radical-right dom, which took der, the prices of food and other necessi- firebrand only 13.1 percent. ties follow the dollar, whose value has Geert Wilders Mr. Wilders been climbing. It is as if the Fed has didn’t win — barely improved slashed her pay. but the on his margin in PHOTOGRAPHS BY GORDON WELTERS FOR THE NEW YORK TIMES Like millions of other people from the 2012 election A mural of the church in Buch, Germany, this month. Alternative for Germany, a far-right populist party, won more than 22 percent of the vote in the 2016 local election in the town. Southeast Asia to Latin America, Ms. Netherlands (where he took Reyes and her family are absorbing the didn’t, either. 10.1 percent) and consequences of a major shift playing failed to do as out in the global economy. well as he did in As the Fed lifted rates on Wednesday, 2010 (15.5 percent of the vote). it added momentum to a steady stream The real story in Dutch politics isn’t The seeds of nationalism of money that has been abandoning Mr. Wilders’s rise, it is the unprecedent- emerging markets and flowing toward ed fragmentation of the political system. American shores. With further Fed in- Together, Mr. Rutte’s and Mr. Wilders’s THE INTERPRETER cozy, safe neighborhood is starkly differ- creases expected this year, developing parties look set to make up only 33 BUCH, GERMANY ent from the depressed postindustrial countries are bracing for additional im- percent of the Parliament, with 11 more zones often portrayed as the populist pacts: departure of more investment, political parties constituting the rest. wellspring, and is emblematic of the falling of more currencies, weakening of This splintering of Dutch politics is How a German suburb forces threatening to upend Western more economies. making effective governance of the politics as we know it. By mandate, the Fed is answerable to country increasingly impossible. explains Europe’s rising In this apparent stronghold of ordi- the people of the United States. While previous Parliaments have far-right movements nariness, the Alternative for Germany, a When times are lean and businesses counted 14 or more factions, what has far-right populist party, won more than are reluctant to hire, the Fed makes changed is the relative size of the par- BY AMANDA TAUB 22 percent of the vote in the 2016 local money more available by nudging down ties. In 1986, the top three parties togeth- election — more than any other party. rates. When times are good and concern er won 85 percent of the vote. In 2003, it Buch, a small community on the out- I went to Buch to better understand builds about elevated prices, it cools was down to 74 percent. Today it is just skirts of Berlin, seems at first glance to how far-right populism has taken root things off by lifting rates and tightening around 45 percent. be the kind of place Goldilocks would de- across much of Europe. I found signs of credit. Because of its proportional represen- clare “just right.” It is not too rich or too subtle forces that social scientists have Yet in reality, the Fed is the central tation system of voting, the Netherlands poor, not too expensive or too scruffy, theorized could be driving the populist banker to the world. is an extreme case. But the trends are not too close to the crowded city center surge rising across Western societies. The dollar is the money used most similar across Western Europe: The but not so far that its tree-lined streets of The streets were blanketed with sev- widely as the repository of savings and main center-right and center-left par- tidy apartments are beyond a daily com- eral inches of snow the day I visited in as the currency for trade. When the Fed ties are shrinking, smaller parties are mute. January, lending a picturesque quality lowers rates, it makes the dollar less at- growing and unstable coalition politics It is probably not the sort of place peo- to the brown-brick shopping area in tractive, encouraging investors to seek are becoming the norm. There are many ple picture when they think about the Buch’s center. A fast-food restaurant rewards elsewhere. When the Fed lifts reasons for this — from secularization tide of far-right populism overwhelming glowed invitingly, its sign advertising Beneath the surface, Buch, a town on the outskirts of Berlin, is starkly different from rates, investors switch gears, yanking MUDDE, PAGE 12 Europe. But beneath the surface, this GERMANY, PAGE 4 the depressed postindustrial zones often portrayed as the populist wellspring. FED, PAGE 9 Gaymoji: A new language for that search DISRUPTIONS WEST HOLLYWOOD, CALIF. Grindr unveils 500 icons, saying official emoji were not evolving fast enough BY GUY TREBAY You don’t need a degree in semiotics to read meaning into an eggplant balanced on a ruler or peach with an old-fash- ioned telephone receiver on top. That the former is the universally recognized internet symbol for a large male mem- ber and the latter visual shorthand for a VIA GRINDR booty call is something most any 16- Some of Grindr’s new emoji, or Gaymoji. The app’s creative director said almost 20 percent of Grindr messages already use emoji. year-old could all too readily explain. As with most else in our culture, demographics define the future, partic- young lesbian, gay, bisexual and trans- freighted with complication when ren- taking us.” ularly those describing an age cohort gender people and their pals. dered in cartoon form in place of words. That is, toward a visual language of born with a smartphone in hand. That, And so Grindr is offering to users a set “Almost 20 percent of all Grindr mes- rainbow unicorns, bears, otters and at least, is the calculation being made by of trademarked emoji, called Gaymoji — sages” already use emoji, its creative di- handcuffs — to cite some of the images Grindr, the successful gay meeting app 500 icons that function as visual short- rector, Landis Smithers, said. “There’s available in the first set of 100 free Gay- with ambitions to overhaul itself as an hand for terms and acts and states of be- this shift going on culturally and we moji symbols. An additional 400 are internet commons for a generation of ing that seem funnier, breezier and less need to follow the users where they’re GAYMOJI, PAGE 2 #connectedtoeternity FIRST SWISS MADE CONNECTED WATCH NEWSSTAND PRICES Issue Number | | Greece € 2.50 Kazakhstan US$ 3.50 Norway Nkr 30 Senegal CFA 2600 The Netherlands € 3.20 No. 41,683 MODULAR 50M WATER RESISTANT GPS Germany € 3.20 Latvia € 3.90 Oman OMR 1.250 Serbia Din 280 Tunisia Din 4.800 Andorra € 3.60 Cameroon CFA 2600 Egypt EGP 20.00 Hungary HUF 880 Lebanon LBP 5,000 Poland Zl 14 Slovakia € 3.50 Turkey TL 9 Antilles € 3.90 Canada CAN$ 5.50 Estonia € 3.50 Israel NIS 13.50 Lithuania € 5.20 Portugal € 3.20 Slovenia € 3.00 U.A.E. AED 12.00 Y(1J85IC*KKNMKS( +.!"!$!=!= Austria € 3.20 Croatia KN 22.00 Finland € 3.20 Israel / Eilat NIS 11.50 Luxembourg € 3.20 Qatar QR 10.00 Spain € 3.20 United States $ 4.00 www.tagheuer.com Bahrain BD 1.20 Cyprus € 2.90 France € 3.20 Italy € 3.20 Malta € 3.20 Republic of Ireland ¤ 3.20 Sweden Skr 30 United States Military Belgium €3.20 Czech Rep CZK 110 Gabon CFA 2600 Ivory Coast CFA 2600 Montenegro € 3.00 Reunion € 3.50 Switzerland CHF 4.50 (Europe) $ 1.90 Bos.
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