Mar 9th 2019

Politics this week

Politics this week

Abdelaziz Bouteflika, the president of Algeria, defied protesters by registering to run for a fifth term in office. The ailing octogenarian is widely seen as a figurehead for a cabal of generals and businessmen, who hold real power. They have sought to assuage critics by promising that if Mr Bouteflika is re-elected, he will hold an …

Business this week

Business this week

Carlos Ghosn was released from detention in Tokyo after posting bail of ¥1bn ($9m). The sacked chairman of Nissan, Mitsubishi and Renault had been held in custody since mid-November on charges of financial wrongdoing at Nissan, which he denies. Under strict bail conditions, Mr Ghosn will stay at a house under 24-hour camera surveillance. He is …

Geopolitics The new scramble for Africa

Geopolitics The new scramble for Africa

This time, the winners could be Africans themselves THE FIRST great surge of foreign interest in Africa, dubbed the “scramble”, was when 19th-century European colonists carved up the continent and seized Africans’ land. The second was during the cold war, when East and West vied for the allegiance of newly independent African states; the Soviet Union …

Don’t be evil Vladimir Putin wants to stifle the internet

Don’t be evil Vladimir Putin wants to stifle the internet

Google should not help him SOMETIMES IT SEEMS as if Vladimir Putin’s presidency has been made for television. His bare-chested exploits on horseback, microlight flights with cranes and the fighting in Ukraine and Syria were planned with the cameras in mind. Having helped turn a little-known KGB officer into a patriotic icon, television has sustained him in power. …

European governments are intervening in business again A French habit is spreading

European governments are intervening in business again A French habit is spreading

Its lure should be resisted IF YOU CAN’T beat them, adopt their worst economic policies. Worried about the “aggressive strategies” of America and China, France’s president, Emmanuel Macron, issued a Europe-wide proclamation on March 4th that, among other things, proposed a new revolutionary era of government intervention in European Union businesses. “We cannot suffer in silence,” …

Out with the old How to revive Algeria

Out with the old How to revive Algeria

Decrepit rulers are holding back a country with enormous potential IN MOST COUNTRIES candidates for president must prove that they are in command of their senses. In Algeria, for example, they are required to register in person. But that rule apparently does not apply to Abdelaziz Bouteflika, the ailing president, who was lying in a Swiss …