The trouble with stock options
The world this week
Leaders
Worried in Beijing
Merely by showing that an independent organisation has the power to influence millions of people, the Falun Gong shows communism cannot endure in China
The BBC’s begging bowl
If you want to assure the BBC’s future, the best way is not to give it more public money but to give it less
Barak’s clumsy start
Israel’s new prime minister is not living up to expectations
Sense and non-scents
Halifax, in Nova Scotia, has a useful lesson to teach the world
Shooting the messenger
Japanese regulators have banned the derivatives arm of Credit Suisse First Boston. They should have attacked those dealing with it instead
Letters
Briefing
POLITICS BRIEF
The gavel and the robe
Established and emerging democracies display a puzzling taste in common: both have handed increasing amounts of power to unelected judges. The fourth article in our series on changes in the mature democracies examines the remarkable growth and many different forms of judicial review
Share and share unalike
Company bosses and, increasingly, employees love share options. But their economic drawbacks may outweigh their advantages
Europe
Spain and General Pinochet
Long shadows
Romania and Bulgaria
The tortoise and the hare
Hungary’s history
Past but present
Britain
Biotechnology
Ripe for picking
The new establishment
Tony’s cronies?
Indian restaurants
In the pink
Newcastle
The best laid plans
United States
The Americas
Asia
Famine in North Korea
A glimpse
East Timor
Ready to vote
Australia
Olympic discord
Malaysia
Mahathir’s great guessing game
International
Somaliland
A nomad’s life is hard
The Palestinians
Red lines
Business
Chemicals
Cracking deal
Mergers in Brazil
Flag of convenience
Japanese portals
Foot in the door
Rentokil Initial
Missed the 20%
Finance & economics
French banks
More heat than light
Credit Suisse First Boston
Knock, knock
Russian debt