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1,257円

■The world this week
KAL's cartoon

■Leaders
Latin America
Brazil’s fall (257)
Travel visas
Sticker shock (3)
Republican tax plans
Be serious (13)
Global inflation
Low and behold (6)
Internet security
When back doors backfire (2)

■Letters
On business, species, elections, whistleblowers, plurals, Donald Trump
Letters to the editor

■Briefing
Brazil’s crisis
Irredeemable? (25)

■United States
Republican tax plans
Indecent disclosure (15)
Race on campus
Of slavery and swastikas (15)
Rating police officers
Revenge of the nerds
Election forecasting
Prediction 2016 (2)
Lexington
Pitchfork politics (14)

■The Americas
Human rights in El Salvador
Digging for justice
Argentina’s new president
A fast start (1)

■Asia
Japan, South Korea and their history wars
Saying sorry for sex slavery (31)
Family planning in Vietnam
Running deer
Thailand’s southern insurgency
No end in sight
Simplifying Indian taxes
One country, but no single market

■China
Social media
Weibo warriors (7)
Economic ideology
Reagan’s Chinese echo (2)

■Middle East and Africa
Iraq
Reclaiming the ruins from Islamic State (82)
Christians in the Middle East
And then there were none (44)
Enforcing morality
No sex please, we’re Middle Eastern (4)
Ethiopia
What if they were really set free? (9)

■Europe
Russia’s Far East
Snow job (7)
Vladivostok’s new casino
Russian roulette (1)
Spanish politics
The chore of the Spanish succession (16)
Poland’s religious politics
Courting disaster (20)
Educating refugees
Learning the hard way (4)

■Britain
Funding the police
Counting up the coppers
Floods
Northern waterhouse (3)
Bagehot
Bring on the tempest (3)
Britain Only Articles flagged with this icon are printed only in the British edition of The Economist

■International
The unexplored world
A new age of discovery (3)

■Business
Travel visas
A strange sort of welcome (1)
Companies’ investment plans
From diggers to data centres
Activists and resources companies
Icahn, you can’t (1)
Cruise lines
Eastward ho!
Schumpeter
Social saints, fiscal fiends (53)

■Finance and economics
Global inflation
Low for longer (4)
The first venture capitalists
Fin-tech (2)
Buttonwood
Tales of the unexpected (3)
European insurance firms
One rule to bind them all
South-East Asian integration
More hat than cattle
Free exchange
Exit, pursued by bear (5)

■Science and technology
Aircraft engines
Flying’s new gear (5)
The future of the Nobel prize
Throw caution to the wind? (5)
Meteorology
Barmy weather (4)

■Books and arts
The Great War at midpoint
A most terrible year (1)
China and India
Clash of the titans (7)
Ukraine’s war-torn history
Keeping hope alive (4)
Non-Western classical music
Voyages of discovery (2)
New film
Bearing down (3)
Correction: Whatever should I do?

■Obituary
Obituary: Elsie Tulead
From missionary to firebrand (3)

■Economic and financial indicators
Interactive indicators
Output, prices and jobs
Trade, exchange rates, budget balances and interest rates
The Economist commodity-price index
GDP forecasts
Markets
1,257円
■The world this week
The world this year (2)
KAL's cartoon (1)

■Leaders
Disney
Star Wars, Disney and myth-making (18)
Spain’s general election
¡Feliz Navidad, España! (62)
South Africa
Try again, the beloved country (72)
Climate change
Hopelessness and determination (7)
Our country of the year
Most favoured nation (12)

■Letters
On climate change, Japan, Augustine, sugar, music, Bernie Sanders
Letters to the editor (2)

■Briefing
Briefing: Disney
The force is strong in this firm (1)

■United States
Capital punishment in America
Who killed the death penalty? (13)
Muslim refugees
Doing just fine (59)
The polls and Donald Trump’s outbursts
Enough said (38)
Lexington
Miss Manners (10)

■The Americas
Legalising pot in Canada
Justin Trudeau and the cannabis factory (14)
West Indian cricket
Gone with the Windies

■Essay
Animal minds
Animals think, therefore…

■Asia
Pakistan confronts extremism
Job half-done (19)
Thailand’s royal pooch
Who are you calling a bitch? (11)
North Korea’s rock chicks
Songs of praise
Mongolia and mining
Back in the saddle?

■China
Internal migration
Shifting barriers (4)
Philanthropy
Panda power (7)

■Middle East and Africa
South Africa’s democracy
The hollow state (8)
Skiing in Iran
Off piste in the Islamic Republic (2)
Saudi Arabia
One (very) small step for a woman (3)

■Europe
Spain’s elections
Clean hands (22)
German immigration
All down the line (9)
European borders
A real border guard at last (3)
French politics
Outflanking Marine (19)
Charlemagne
Down but not out (2)

■Britain
Industrial woes
The makers stumble (1)
Airports
Stuck in a holding pattern (3)
The Thatcher auction
The final sell-off (18)
Organised crime
Bad blood (2)
The fat of the land
Mapping obesity (1)
Britain Only Articles flagged with this icon are printed only in the British edition of The Economist

■International
The Paris agreement on climate change
Green light
Forests and climate change
Hope for the trees (2)

■Christmas Specials
Hitler
What the Führer means for Germans today (9)
Sport and diplomacy
Cuban baseball crisis (2)
The Ottoman caliphate
Straddling two worlds (3)
The Chinese at play
Park life
The future of the past
Out with the old (3)
Agony aunts through the ages
Whatever should I do?
Murder and memory
That dear old oak in Georgia
The Gujarati way
Going global (5)
American cryptology
The Black Chamber
Caterpillar fungus
The emperor’s mighty brother (4)
An 18th-century outrage
Lèse humanité (16)
Preserving manuscripts
Faith’s archivists
Travel in Russia
The gauge of history (2)
Miniature painting
Bosom buddies

■Business
Chinese business and the state
Another turn of the screw (5)
Roll-ups
Serial thrillers (2)
India’s low-cost carriers
Ascending above the turbulence (2)
Schumpeter
Here comes SuperBoss (12)

■Finance and economics
High-yield bonds
Canary or canard? (9)
Ukraine’s prospects
Still on the edge (6)
Festive splurges
Bank run (12)
Buttonwood
Naughty, not nice (1)
Free exchange
Wookienomics (3)

■Science and technology
Human exoskeletons
Full metal jacket (1)
The perils of public office
A merry life but a short one (26)
Materials science
No tangled web (3)
Some cosmic Christmas baubles
Extra-solar planets

■Books and arts
Musical diplomacy
Patriotism on Broadway (21)
Philosophy in practice
The lives of moral saints (7)
The Western mind
Lost soul (7)

■Obituary
Obituary: Brajraj Mahapatra
King of mud, king of rain

■Economic and financial indicators
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World GDP
Markets
1,257円
■The world this week
Politics this week (5)
Business this week
KAL's cartoon (6)

■Leaders
Illiberalism
Playing with fear (456)
Monetary policy
After lift-off (7)
Integrating refugees in Europe
More toil, less trouble (92)
Venezuela’s election
A democratic counter-revolution (5)
Randomised controlled trials
In praise of human guinea pigs (13)

■Letters
On Iraq, smart products, Syria, Colombia, unicorns, Puerto Rico, George Burns
Letters to the editor (5)

■Briefing
African demography
The young continent (8)

■United States
American jihadists
The home-grown threat (153)
Voting and the Supreme Court
What people? (5)
Education
No Child Left Behind gets left behind (73)
Congress
Show and tell (1)
Chicago in film
Athens on the lake (1)
Foreigners
Not so fast (2)
Esoteric research
Sneaking with the fishes (4)
Lexington
The politics of panic (26)

■The Americas
Venezuela’s election
Reasons to celebrate (10)
Bello
Lots of diplomacy, not many dollars
Argentina’s new president
A rocky road to the Casa Rosada (7)
Sunken treasure
Who wants to be a galleonaire? (18)
Corruption in Brazil
Weird justice (18)

■Asia
India and Japan: ever closer friends
Come together on the Abe road (73)
Floods and India’s Coromandel coast
Next time by water (1)
Deaths at sea
The ghost vessels of North Korea (1)
Asia’s migrant domestic servants
Broken homes (2)
Taxing South Korea’s clergy
More money than God (1)
Banyan
In transit (2)

■China
Luxury goods
Million dollar mastiffs (21)
Film and television
Blood and cuts (2)

■Middle East and Africa
Islamic State
Unfriended (70)
Islamic State’s finances
Degraded, not yet destroyed (3)
Yemen
Houthis, Saudis and jihadis (2)
South Africa’s debts
Sprinting towards a bail-out (33)
Congolese politics
Will Kabila go? (3)

■Europe
France’s National Front
Eyes on the prize (34)
Anti-immigrant populism
The march of Europe’s little Trumps (23)
Corruption in Ukraine
Making Joe Biden mad as hell (75)
German politics
Ursula major (6)
Charlemagne
Battling with Britain (18)

■Britain
Britain and the European Union
Cameron’s Brexit gamble (12)
The UK Independence Party
Unrisen fruitcakes (5)
Sterling
Continental drift Britain Only (1)
Flooding
More storms, less drizzle Britain Only (6)
Asylum-seekers
Turned away Britain Only (4)
Green belts
A notch looser Britain Only (3)
The future of broadband
Battle of the wires (3)
Britain Only Articles flagged with this icon are printed only in the British edition of The Economist

■International
Extreme poverty
Leaving it behind (21)
Randomised controlled trials
Measure for measure (2)

■Business
European business and refugees
Getting the new arrivals to work (30)
Mergers and antitrust in America
Pushing the limits (7)
Alibaba’s media investments
Mission improbable (11)
Talent versus hard work
Best or Keegan? (6)
Avon’s troubles
Ding-dong
Schumpeter
School for frugal innovation (1)

■Finance and economics
Interest rates in America
Buckle up (29)
Buttonwood
Taking the training wheels off (4)
The Fed and emerging markets
The secular sulk (1)
Bill Gates and the IDB
Two-pronged attack (2)
Banking in Congo
Cash in a canoe (8)
Investing in railways
On the right track (2)
The ECB’s medicine
Raising the dose (5)
Bitcoin’s schism
Stumbling blocks (2)
Slumping commodities
In a hole (4)
Free exchange
The gifts of the moguls (3)

■Science and technology
Downsized car engines
The incredible shrinking machine (19)
Engine oil
Fast lube (6)
Camera technology
Round the bend (1)
Malnutrition
Chicken out (3)
Who makes a good father?
Pot luck (15)
Distant mountains, frozen seas
The latest pictures from Pluto

■Books and arts
Finance in films
Short and sweet (1)
Immigrant history
The rise and fall of the Jewish deli (3)
New fiction
Duty and the beast
Argentine culture
Dancing in the dark
Economics and legal philosophy
Corrupted bounty (1)
Women artists
No man’s land

■Obituary
Obituary: Charles Cawley
The man from MBNA

■Economic and financial indicators
Interactive indicators
Output, prices and jobs
Trade, exchange rates, budget balances and interest rates
The Economist commodity-price index (1)
Asset performance
Markets
1,257円
■The world this week
Politics this week
Business this week
KAL's cartoon (3)

■Leaders
The speed of business
Hyperactive, yet passive (22)
Brazil
The pot and the kettle (10)
Poland
Europe’s new headache (274)
Criminal justice in Japan
Forced to confess (41)
Biodiversity
In defence of invaders (4)

■Letters
On the USPS, Belgium, salmon, abortion, poaching, startups, airlines
Letters to the editor (1)

■Briefing
Time and the company
The creed of speed

■United States
The federal budget
Reflections on projections (2)
A mass-shooting in California
Lamentable (32)
Policing Chicago
The fall guy (13)
Donald Trump's persistence
The greatest show on earth (148)
Enlightened agriculture
Moveable feasts (36)
Lexington
Wooing with whimsy

■The Americas
Brazil’s president
Dilma’s disasters (54)
Bello
The toilet-paper tangle (3)
Venezuela’s parliamentary election
Vincible (4)
Tetraphobia
Nothing to fear... (2)

■Asia
Japan’s criminal-justice system
Extractor, few fans
Japan’s prisons
Silent screams (1)
India’s diamond polishers
Hard faces
Minor vices in Malaysia
Smoke signals
Banyan
Stick–in-the-mud (2)

■China
Climate change
Raise the green lanterns
Stars and morals
That’s entertainment (3)
Censorship
This article is guilty of spreading panic and disorder (8)

■Middle East and Africa
The war in Syria
The search for boots on the ground (6)
Iraq’s Shia Muslims
The ailing ayatollah (1)
Lebanon
546 days without a president (1)
South African universities
The ivory tower is too white (5)
Zimbabwe
Light at the end of a long, dark tunnel (3)

■Europe
Poland
The return of the awkward squad (44)
Russian-Turkish politics
Tsar v sultan (31)
Italian tax evasion
Show me the money (5)
Bosnia 20 years on
Dating Dayton
Air pollution
Choking on it (25)
Charlemagne
Bridge of sneers (6)

■Britain
Britain and the Middle East
In Iraq’s shadow (65)
Mega-basements
Subterranean home-slip blues
Children in prison
A welcome jailbreak (2)
The Lloyds-HBOS affair
The odd couple Britain Only
Corporate crime
Another arm of the law Britain Only (1)
Measuring poverty
Below the line Britain Only (2)
Supermarkets’ Christmas showdown
Tills ring, are you listening? Britain Only
Black magic
Toil and trouble Britain Only (1)
Bagehot
Marching forth with Stop the War (57)
Britain Only Articles flagged with this icon are printed only in the British edition of The Economist

■International
Invasive species
Day of the triffids (2)

■Technology Quarterly
New materials for manufacturing
Material difference
Nanoparticles
To the heart of the matter
Carbon fibre
Dark arts
3D printing
Print me a pavilion
Brain scan
Carl Bass
What next
Bright angelic mills

■Business
Corporate crime
The age of the whistleblower (2)
Whistleblowing in Switzerland
Rough terrain
Chinese companies
Red chips, red faces (41)
Pipelines in America
Running on empty (5)
The rise of hackathons
What the hack?
Commercial drones
Airborne innovation
Cosmetics
A shake-up in make-up
Male grooming in South Korea
The east is rouge
Schumpeter
Reluctant heirs

■Finance and economics
Emerging-market banks
Stressful times
Buttonwood
Weatherproof
The yuan joins the SDR
Maiden voyage (57)
Making pensions sustainable
Live longer, work longer
American health insurers
Fit as fiddles
Facebook and philanthropy
I’ll give it my way (5)
Gulf currencies
Keeping it riyal (2)
Banking and fintech
Love and war
Free exchange
The best is the enemy of the green (3)

■Science and technology
Climate diplomacy
Goal difference (31)
Carbon capture and storage
On a hot-tin route (5)
Astronomy
Gravity’s rainbow
Microbes and thermoregulation
Cold-weather friends (1)
Genetic engineering
Time to think carefully (1)

■Books and arts
Books of the year 2015
Shelf life (1)
Books by Economist writers in 2015
What we wrote...

■Obituary
Obituary: Robert Craft
At Igor’s side (2)
Economic and financial indicators

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1,257円
■The world this week
Politics this week (4)
Business this week
KAL's cartoon (2)

■Leaders
Climate change
Clear thinking needed (120)
Public spending in Britain
U-turns and new turns (2)
Tech unicorns
Gored (2)
Russia and Turkey
No room for manoeuvre (52)
Argentina’s presidential election
The ebbing of the pink tide
The general theory of relativity
Thanks, Albert (1)

■Letters
On Paris, guns, refugees, free speech, heroin, Republicans, golf
Letters to the editor

■Briefing
Cyber-security
The terrorist in the data (6)

■United States
America and Syria
In Russia’s defeat he trusts (27)
Trump in history
This land is our land (177)
Universities
What’s in a name (6)
Cricket in America
Some corner of Citi Field (2)
American marriages
Demand, meet supply (2)
Lexington
With Cruz, they’d lose (19)

■The Americas
Argentina’s new president
The end of populism (21)
Bello
Down by the riverside
Road deaths in Latin America
Safety second (1)
A Brazilian disaster
Soiling the sea (4)

■Asia
Politics and death in Bangladesh
The noose tightens (4)
Sikhism in India
Seeking justice
Climate diplomacy in South-East Asia
Best-laid plans
Kim Young-sam, 1927-2015
Dusk to dawn (1)

■China
Shanxi province
King Coal’s misrule (6)
Children’s literature
Much red reading books (3)
Banyan
In Hu’s name? (1)

■Middle East and Africa
Israel and Palestine
Managing the situation or drifting towards disaster? (13)
Iran’s economy
Heavy lifting required (3)
Nuclear power in the Middle East
Wasting energy (93)
Protests in Biafra
Go your own way (10)
The Radisson Blu siege
Murder in Mali

■Europe
France at war
Coalition of the grudging (9)
Turning out the lights in Crimea
Power struggle (5)
Russia v Turkey
Over the borderline (28)
Refugees in winter
Icy reception (12)
Charlemagne
A continent like Belgium (7)

■Britain
The spending review
The unsubtle knife (4)
Housing
Giving and taking (1)
Defence and security
More gear, maybe more fighting? (13)
Political parties’ youth wings
The stakes are so small Britain Only (1)
The Labour Party
Corbyn at bay Britain Only (15)
Education and video gaming
Crafty lessons Britain Only
Apprentice managers
End of the accidental boss Britain Only (2)
Bagehot
George Osborne, liberal idealist (4)
Britain Only Articles flagged with this icon are printed only in the British edition of The Economist

■International
From dictatorship to democracy
The road less travelled (8)

■Special report: Climate change
Climate change
Hot and bothered(21)
The science of climate change
Supermodels(6)
Public opinion
Groupthink(4)
Energy
When the wind blows
China
Seeing daylight
Adaptation
If you can’t stand the heat(1)
Biodiversity
A modern ark(2)
Geoengineering
If all else fails(8)
The way forward
Second-best solutions(5)

■Business
Technology companies
The rise and fall of the unicorns (10)
Business in Hong Kong
Standing up to Superman (7)
Drug companies and research
Billion-dollar babies (1)
Private space flight
Reusable rockets (38)
Corporate culture in South Korea
Loosening their ties (1)
Fashion retailing
Chicago hope
Schumpeter
Disrupting Mr Disrupter (2)

■Finance and economics
Negative interest rates
Bankers v mattresses (5)
Buttonwood
Not so smart (4)
China’s bond market
Pricing risk (15)
Italy’s bad debts
Burden-sharing (2)
BTG Pactual of Brazil
Deep impact (4)
Taxing sugary drinks
Stopping slurping (1)
Junk bonds
Big hunk of junk
Free exchange
For richer, for poorer (4)

■Science and technology
General relativity
The most beautiful theory (22)

■Books and arts
Contemporary art
Seize the day
Food politics in America
Popped (2)
The Maldive islands
A darker shade of blue (1)
Dead bodies
Dust to dust (2)
St Augustine
O come all ye faithful (5)

■Obituary
Obituary: Cynthia Payne
Sex in Streatham (1)

■Economic and financial indicators
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Trade, exchange rates, budget balances and interest rates
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Growth in Asia
Markets
1,257円
■The world this week
Politics this week
Business this week
KAL's cartoon (6)

■Leaders
Paris
How to fight back (242)
Abortion in America
Back in court (10)
Ireland’s economy
Getting boomier (1)
The industrial internet of things
Machine learning (2)

■Letters
On salmon, Paul Ryan, reviews, mental health, regulation, China, Buttonwood
Letters to the editor

■Briefing
The war with Islamic State
Paris under attack (6)
Security co-operation
Jihad at the heart of Europe (6)
The war in the Middle East
Fighting near and far (1)
Syria’s peace process
A new alliance emerges (3)

■United States
Terrorism, refugees and 2016
Unfinest hour (73)
Automatic voter registration
Left turn (9)
The postal service
How to lose $5 billion (9)
Mormons and gay marriage
Particularly grievous (14)
Justice in Louisiana
Darth Vader’s lament (3)
Baltimore’s spiking murder rate
Unsolved (4)
Lexington
The Firewall State (2)

■The Americas
Extradition in Latin America
How to handle a drug gang
Bello
The silence of Los Pinos (1)
Ecuador
Wily Correa
Venezuelan slang
A Bolivarian-English dictionary (4)

■Asia
Myanmar’s election
Minority report
Cambodian politics
The trap is laid
Seoul’s shanty-towns
Moonrise kingdoms
Vietnam’s economy
Crying over cheap milk
Banyan
She once was lost

■China
Sex education
Dream of the bed chamber (4)
Animal conservation
The elephants fight back

■Middle East and Africa
Chinese investment in Africa
Not as easy as it looks
Nigeria’s government
At work at last (2)
Tunisian politics
The great Arab hope struggles
Sexual harassment in Egypt
Slapping back
Iraq
The blighted city (2)

■Europe
Europe’s response
After Paris, drawbridges up? (3)
Football as symbol
Footie in the time of terror
Moldova on the edge
Small enough to fail (3)
Politics and social networks
Extreme tweeting (1)
Charlemagne
The fly Dutchman (1)

■Britain
The National Health Service
Carry on working? (4)
Northern Ireland
The beginnings of a breakthrough (3)
Gangs and firearms
Young guns Britain Only
Housing associations
Shaking the foundations Britain Only (3)
Energy policy
Not boring enough Britain Only (11)
Freedom of information
A little less free Britain Only
Poking around
David Cameron’s 4,489 friend requests Britain Only (1)
Bagehot
The new front line (1)
Britain Only Articles flagged with this icon are printed only in the British edition of The Economist

■International
Open government data
Out of the box (1)

■Business
Germany’s industry
Does Deutschland do digital? (4)
Bankruptcy in India
The business of going bust
Newspapers
Up against the paywall (1)
Business travel
Companies are spending more on sending their staff out to win deals (4)
Hotels
No reservations (10)
Virtual-reality devices
Ready, headset, go (1)
Schumpeter
Smart products, smart makers (30)

■Finance and economics
Investing in a world of low yields
Many unhappy returns (1)
Buttonwood
What a carry on (1)
Chinese financial regulation
Takeover bid
Fannie Mae and Freddie Mac
A funny form of conservation (2)
Square’s IPO
Swiped
Spain’s multinational banks
Impecunity in diversity
The Irish economy
Celtic phoenix (12)
Free exchange
Class divides (1)
Data whizz wanted (1)
Prizes

■Science and technology
The future of sniping
Enemy at the gates (6)
Animal behaviour and missile design
Hawker hunters (2)
Cool clothing
Chilled out (1)
Stanching post-operative bleeding
Snake charm (9)

■Books and arts
Paris
Bridge of sighs
Winston Churchill’s other lives
Mr high-roller (3)
A feminist memoir
The road less travelled (1)
Crazy games
When fun was cruel (1)
Great escapes
Because it was there (1)
Tap dancing
It’s got that swing (2)

■Obituary
Obituary: Cédric Mauduit
The bureaucrat’s secret (13)

■Economic and financial indicators
Interactive indicators
Output, prices and jobs
Trade, exchange rates, budget balances and interest rates
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1,257円
■The world this week
Politics this week
Business this week
KAL's cartoon (3)

■Leaders
The world economy
The never-ending story (80)
Myanmar’s general election
A new era (5)
Britain and the European Union
How to make the case (7)
Student protests
The right to fright (56)
Rice
Hare-grained (2)

■Letters
On college, BlackRock, America’s army, Parliament, Europe, James Bond
Letters

■Briefing
The world economy
Pulled back in (1)

■United States
Wages
Looking for a rise (13)
Electing judges
Courting cash (13)
Undocumented migrants
A stay, so go (5)
Beards
Pogonophilia (7)
Politics in Louisiana
Sins of the fathers
Illinois’s budget stand-off
Rauner v the rest (4)
Lexington
The narcissism trap (20)

■The Americas
Immigration to Brazil
No golden door (8)
Bello
“By hook or by crook” (1)
Canadian energy
Keystone flops (122)
Canada’s new government
Ungagging order (2)

■Asia
Politics in Myanmar
Celebrating democracy (1)
Politics in India
Wallop (74)
Politics in Thailand
Never saw it coming (4)
Tourism
They wish you were here (2)
Regional development
All Partners (Except China)
Banyan
The emperor’s descendants (5)

■China
Politics
The north star (1)
Slash fiction
Click bait (3)

■Middle East and Africa
Arab bureaucracies
Aiwa (yes) minister (3)
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Taking a pounding (3)

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Refugee crisis
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The Sustainable Development Goals
Beyond handouts (1)
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A whimper, not a bang (1)
Russian oligarchs in Israel
Welcome to the Promised Land (2)
Data-centre software
Progress without profits (1)
Schumpeter
Death and transfiguration (7)

■Finance and economics
World trade
Becalmed (7)
Buttonwood
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Central-bank bosses
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Whose model is it anyway? (1)
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Part-time palaver (5)

■Science and technology
Future aircraft
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Now there’s an app for that (2)
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