новые флеш игры.

Deep impact

Trying times for Esteves

AS THE founder and boss of BTG Pactual, a Brazilian investment bank, André Esteves has been a shrewd and hyperactive dealmaker. But on November 25th some of those deals appeared to sour, when he was arrested in Rio de Janeiro as part of a vast bribery investigation centred on Petrobras, Brazil’s state-controlled oil-and-gas giant.

Prosecutors allege that Mr Esteves and

Прочети още: Deep impact

Small changes in diet can make a big difference to greenhouse gas emissions

In December talks in Paris involving more than 200 countries may result in a new agreement aimed at reducing carbon emissions. In the months leading up to the conference, The Economist will be publishing guest columns by experts on the economic issues involved. Here, Vincent Réquillart of Toulouse School of Economics and the Institut National de la Recherche Agronomique argues that an initial

Прочети още: Small changes in diet can make a big difference to greenhouse gas emissions

Does the size of the state hold back the economy

LATER this week, the British government will announce its latest spending review. Its aim will be to balance the budget by 2020. In part, this is because the Conservative party genuinely believes a smaller state is good for economic growth in the long run. But is there a hard-and-fast relationship?

This is the kind of issue economists spend years researching. But your blogger pursued a simple

Прочети още: Does the size of the state hold back the economy

Pricing risk

CHINA’S domestic bond market has never been riskier. It was only last year that it suffered its first default. This year at least six companies have defaulted. The miscreants are a diverse lot, including a beverage bottler, a solar-panel maker and a cement company. As economic growth grinds lower, defaults will inevitably rise.

A gloomy outlook of this kind would normally lead investors to

Прочети още: Pricing risk

The euro crisis was not a government-debt crisis

THE euro-zone crisis has transitioned from an acute phase to a chronic one. At just this moment the fear that market panic might force one or several economies out of the single currency is low. Yet few analysts believe the euro zone has solved its fundamental problems. In a piece published at Vox EU last week, a cadre of prominent economists made the very sensible point that unless euro-area leaders can

Прочети още: The euro crisis was not a government-debt crisis

Компания Сансити