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When is a coup not a coup? When, as in Zimbabwe this week, the men in the green fatigues take to the airwaves with a carefully worded statement to make it clear that power has not really changed hands.
David Pilling, the FT’s Africa editor, argues in his column that we may be witnessing the continuation of Zanu-PF rule, albeit purged of certain rogue elements. This messy end to Robert Mugabe’s 37 years in power has echoes of King Lear: motives for the military intervention are more to do with settling internal scores, he writes, than preparing a brave new Zimbabwean world of democracy and prosperity.
What, then, might really change for the country’s long-suffering population? Britain, the former colonial power, would be wise to keep a low profile, the FT believes, but there is a role for other African nations in bringing Zimbabwe back into the fold — and allowing the diaspora to return home and rebuild.
Big Tech’s would-be politicians: Edward Luce is unimpressed with Mark Zuckerberg’s grasp of what the US public looks for, and needs, in its future leaders. Not, he writes, guff about online communities.
The wrong data: Economist Diane Coyle says scepticism about growth measures is, well, growing. And explores how GDP methods could be improved.
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The Tory tide is turning against austerity James Forsyth in The Spectator
What you’ve been saying.
UK is putting its weakest economic foot forward in negotiations with EU— letter from Dr Nicholas Dorn in London
“Mr Davis’s notions of “trade” simply do not correspond to contemporary realities and trajectories. In a British political economy of three sectors — services including haute finance, manufacturing and agriculture — the first relies heavily upon free movement of services and of people, the latter also being relied upon by agriculture. Advocates of “trade deals” are championing the UK’s weakest and fastest-declining sector, manufacturing. As a strategy, this is plain daft. Time for a rethink.”
Comment from MyCutiePie on Sarah O’Connor’s op-ed, Flexibility comes at a high price, not just in the gig economy
“I remember the gig economy in the docks in the 50s, it was called ‘the lump’, and gave dock employers control over the work force. It was demoralizing then and still is.”
A positive yield curve is much more important— letter from Harold Seneker in NJ
“Sir, Martin Wolf’s excellent column ‘ Unusual times call for unusual strategies from central banks’ implicitly challenges what has become a sacred cow among central bankers: the notion that a 2 per cent inflation rate is “needed” to give central banks room to combat possible recessions. If, as he points out, central bank “firepower” is now practically “infinite” in this age of quantitative easing, then the 2 per cent standard becomes unnecessary. What, then, is the matter with setting actual price stability and a sufficiently positive yield curve as goals, balanced with the goals of full employment and economic growth, whatever that means for rates?”
The measurement that holds economic statistics back from reality Improve what is included since the data fail to reflect the real productivity
The Zuckerberg delusion Facebook founder is a digital superstar, but he has poor human skills
Zimbabwe’s military takeover fits the narrative of its patriarch The generals claim to be saving Robert Mugabe from himself and his enemies
Free Lunch: In praise of the wealth tax Reform could make the UK system both more efficient and fairer
The path for Europe Can policymakers find imaginative solutions to protect the EU against future crises?
Opinion today: What to do about Big Tech The scale of these companies’ influence requires proper engagement from regulators
FT View: A sharp reality check on the climate challenge National pledges to cut emissions fall well short of required targets
FT View: The messy endgame that threatens Zimbabwe A coup is no answer to the tumultuous battle to succeed Mugabe
The Big Read
The Big Read: Spectre of immigration sparks rightward turn in Italy Having made gains in Cascina, Italy’s Northern League is exploiting concerns over migrants ahead of a pivotal general election
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