The Economist - UK (2022-03-19)

The Economist March 19th 2022 5

Contents

Contents continues overleaf

On the cover

The world this week

7 A summary of political

and business news

Leaders

9 China and Russia

The alternative order

10 The world economy

Trading with the enemy

11 Germany

Pacifist no more

11 Energy markets

Tilting at windfalls

12 Trans women in sport

Facing the facts

Letters

14 On the war in Ukraine,

bald eagles, leadership

Briefing

15 The war in Ukraine

Far from over

17 The risks of escalation

Thinking the unthinkable

Britain

21 Boris Johnson on war

23 Homes for refugees

23 The lse’s Floww deal

24 Hostages walk free

25 Life in a cold climate

26 Bagehot Rishi Sunak’s

revolting menu

Europe

27 Germany’s astonishing

new defence policies

30 Ukraine and President

Macron

30 Fascist talk in Russia

31 The cats and dogs of war

United States

32 The problems in prisons

33 Inmates and air con

34 Trans women in sport

35 The race to end abortion

35 Snow days

38 Fixing Puerto Rico

39 LexingtonJustice and 

Mrs Thomas

The Americas

40 What holds Mexico’s

economy back

41 Mexico’s white elephants

42 BelloThe challenge for

Gabriel Boric

Middle East & Africa

43 Iran’s clandestine trade

44 Missile diplomacy

45 Africa’s jab lag

45 Tunisia’s sex workers

46 Coffee and climate change

By Invitation

Mikhail Khodorkovsky, 

a former oil mogul and

political prisoner, argues

that Western leaders are

wrong to treat Vladimir

Putin as if he were a

statesman, economist.com/

by-invitation

The war in Ukraine will
determine how China sees the
world—and how threatening it
becomes: leader,page 9.
Despite what their rulers say,
the friendship between China
and Russia has boundaries,
page 51.The war is not yet at an
impasse, but it may be moving
that way,page 15.The risks of
escalation,page 17.The
disturbing relevance of
economists’ theories of nuclear
deterrence: Free exchange,
page 70

New rules for globalisation
Confrontation with Russia
highlights a growing tension
between free trade and freedom:
leader, page 10, and analysis,
page 63. Corporate winners and
losers, page 55

How real is Germany’s
Zeitenwende?Europe’s giant
has woken up: leader, page 11,
and analysis, page 27

Why windfall taxes are a bad
ideaPoliticians turn to a tax that
is enticing in theory, but tricky in
practice: leader, page 11, and
analysis, page 68

Awar interview with Boris
JohnsonBritain’s prime minister
tells The Economistabout the
ten-country coalition that could
be the first responder against
Russia, page 21

Our digital coverage
Analysis of the conflict and its
repercussions is updated
throughout each day. For our
on-the-ground reportage, guest
essays, data journalism,
explainers and more, visit
economist.com/ukraine-crisis

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