Facing the frenemy
Googled: The End of the World as We Know It. By Ken Auletta. Penguin Press; 384 pages; $27.95. Buy from Amazon.com SOMETIMES it seems as if Google has never come across an industry it doesn't want to disrupt. Best known for its hugely popular search engine, the internet giant has spread its tentacles into an ever-growing array of businesses, including advertising, telecoms and, most recently, digi
Market idol
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Dangerous froth
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Merger interruptus
Merger interruptusRegulators may block a big technology tie-up, but their case is not convincing FOR a brief period many hoped that trustbusters in Europe and America would start playing in tune. During the eight years of the Bush administration, the European Commission's competition police took a notably more activist approach than their American counterparts. With a new man in the White House, r
Salesman of the irrational
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Stakes and mistakes
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A special report on America's economy: Time to rebalance | The Economist
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Better than freedom?
ASKED to name the single biggest benefit of America's invasion, many Iraqis fail to mention freedom or democracy but instead praise the advent of mobile phones, which were banned under Saddam Hussein. Many Iraqis seem to feel more liberated by them than by the prospect of elected resident government. In the five years since the first network started up, the number of subscribers has soared to 20m
Barack Obama's Asian adventure
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Hints of a new chapter
Hints of a new chapterAs militants lay down their arms in the Niger Delta, the battle is on to tackle Nigeria’s other massive ills
Don't give up
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How to sink pirates
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Options have a future
Options have a futureEconomies need derivatives, but reform is justified KING HAMMURABI of Mesopotamia regulated the use of derivatives almost 4,000 years ago. The Japanese have been trading rice futures since around 1650. That contracts based on the price of some commodity or asset have been around for about as long as mankind has been trading indicates that they are pretty useful.
Brazil takes off
WHEN, back in 2001, economists at Goldman Sachs bracketed Brazil with Russia, India and China as the economies that would come to dominate the world, there was much sniping about the B in the BRIC acronym. Brazil? A country with a growth rate as skimpy as its swimsuits, prey to any financial crisis that was around, a place of chronic political instability, whose infinite capacity to squander its o
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Claude Lévi-Strauss
How to exterminate a dinosaur
Athlete's foot
Seeing clearly
Holy shit!
The skeleton of water
Secret sauce
The restless Italian
Divided and overruled?
Paper promises, golden hordes
High-speed slide
Subcrime
Leaning experience
The not-so-little guy
Over the counter, out of sight
The cult of the faceless boss
Land of the setting sun
The German charm offensive
Bulking up
Singing a different tune
Virtually legal
Single market bargaining
Out of tune
Farmers v greens
A city named sue