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Tuesday November 22nd 2005
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On the cover
Despite globalisation's success
in raising living standards,
people are again queuing up to
denounce it:
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A survey of microfinance
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The hidden wealth of the poor
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Tired of globalisation
What do you know?
Windfall taxes
An oily slope
From charity to business
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Giants and minnows
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A grand cock-up
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Micro no more
POLITICS THIS WEEK
Arnold Schwarzenegger's California
A girlie man, but a useful one
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Politics this week
Nov 3rd 2005
From The Economist print edition
A grand illusion
Plans for a “grand coalition” in
Germany
were thrown into disarray when two of its main backers
stepped down. Franz Müntefering quit as chairman of the Social Democrats after failing to get his
candidate chosen as party secretary. Edmund Stoiber, head of the Bavarian Christian Social Union,
then said he would not serve as economics minister. The would-be chancellor and head of the
Christian Democrats, Angela Merkel, insisted that she would create a grand coalition anyway.
See
article
Paris
was convulsed by several days of rioting in the suburbs after
two North Africans died, allegedly while fleeing police. France's prime
minister, Dominique de Villepin, cancelled a trip to Canada to deal
with the consequences.
EPA
The conservative Law and Justice Party, which took the most seats in
Poland's
election in September, formed a minority government with
Kazimierz Marcinkiewicz as prime minister. The government drew
support from a populist party led by Andrzej Lepper, but not from the
second-biggest conservative party, Civic Platform.
See article
Britain's work and pensions secretary,
David Blunkett
, resigned from
Tony Blair's cabinet (again). He had failed to follow the proper rules over shareholdings and
directorships after he quit as home secretary last December over an affair.
See article
Trading up
On the eve of a 34-country
Summit of the Americas
in Argentina, George Bush admitted that a
plan for a Pan-American free-trade area had “stalled”. He said the Doha round of world trade talks
was more important.
See article
An inquiry into the abuse of a scheme by
Canada's
Liberal government to promote federalism in
Quebec exonerated Paul Martin, the prime minister, but blamed Jean Chrétien, his predecessor,
for “omissions” and several of his officials for mismanagement.
See article
A report in
Veja
,
Brazil's
leading news magazine, claimed that the Workers' Party of President
Luiz Inácio Lula da Silva received $3m from the Cuban government for its election campaign in
2002. Brazil's electoral law bans foreign donations. The party's president and the Cuban
government both denied the claim.
Bolivia's
caretaker president, Eduardo Rodríguez, issued a decree postponing his country's
general election by two weeks to December 18th, after Congress had failed to settle a row over
redistricting. The president's decree awards four extra seats to the more prosperous east at the
expense of the highland west.
Foolish words—and actions
AFP
Iran's
new president, Mahmoud Ahmadinejad, refused to recant after
western leaders reacted with outrage to his remarks last week that
Israel's “occupying regime” should be “wiped off the map”. Moreover,
Iran seemed set to start processing a new batch of uranium at its
Isfahan nuclear plant—despite western pressure to halt all such
activities.
See article
The UN Security Council unanimously told
Syria
to co-operate more
fully with a UN investigation into the killing of a former Lebanese
prime minister, Rafik Hariri, or face “further action”, meaning
economic sanctions. Syrians suspected of involvement in the killings,
some very close to President Bashar Assad, could face a ban on travel and have their foreign
assets frozen.
In
Zimbabwe
, a minister in President Robert Mugabe's government admitted that the forcible
seizure of mostly white-owned farms had contributed to the current massive crop failure in the
country. Farms had been given to “people without the faintest idea of farming”.
In the
Ethiopian
capital, Addis Ababa, at least 27 were left dead and hundreds injured during
continuing protests against the outcome of elections in May won by the government. Opposition
groups claim that the election was rigged, and some of their leaders have been arrested.
In
Zanzibar
violence broke out after the ruling Party of the Revolution was declared the winner of
presidential and parliamentary elections. The main opposition party, losing for the third time in a
row, said the poll had been rigged and promised mass protests.
See article
Market massacres
A series of three co-ordinated bombs exploded in
Delhi
, killing at least 60 people ahead of Hindu
and Muslim religious festivals. Militants based in Pakistan were suspected, and fears were raised
that relations between India and Pakistan would suffer.
See article
North Korea
and
South Korea
said they would compete as a single nation in the 2008 Beijing
Olympic games.
Australia's
prime minister, John Howard, gave warning of a specific terrorist threat to the
country. He was also seeking enhanced anti-terrorism powers. Australia has never been attacked
on its own soil, though Australians have repeatedly been targeted in neighbouring Indonesia.
Japan's
prime minister, Junichiro Koizumi, reshuffled his cabinet. One effect was to promote a
relatively young and telegenic politician, Shinzo Abe, seen as a potential successor to Mr Koizumi.
See article
Normal service is resumed
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