Our chart on the economic effects of the coronavirus epidemic and more from this week
argues that Christine Lagarde’s arrival at the ECB, and her promised review of monetary policy, provides an opportunity for a fresh start. The Bundesbank, after all, represents the zone’s biggest economy and remains a powerful intellectual and institutional force. Helpfully, the Bundesbank’s boss, Jens Weidmann, is already sounding less uncompromising.
Rodrigo Duterte was elected president of the Philippines in 2016 promising a war on drug dealers and other miscreants: “If they resist, kill them all.” He has been true to his word. The country’s human-rights commission estimates that 27,000 extra-judicial killings have taken place since he came to office.; nor, among women, has his sexism; nor, in an overwhelmingly Catholic country, have his blasphemy or insults to the pope. Other aspects of his likely legacy are also troubling.
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