The Economist is a weekly news and business publication written for top business decision-makers and opinion leaders who need a wide range of information and views on world events. It explores the close links between domestic and international issues, business, finance, current affairs, science and technology.

Regular editorial departments include American Survey, Asia, Europe, International, Business, Finance, Science and Technology, and the Arts. In additions, The Economist also publishes special monthly editorial surveys that focus on industries, markets or countries. (Amazon.com)

The Economist Magazine is a business news publication edited for senior management and policy makers in finance, industry, and government in the United States and throughout the world. It reports on and analyzes world politics, business, economics, finance and the issues and developments that affect them, including science, technology, human rights issues, culture trends, military conflicts, and important personalities. Your subscription to The Economist Magazine includes free access to the Economist's web edition and archives! (magazineline.com)

The Economist is published weekly by The Economist Group who also publishes European Voice and Roll Call –“the magazine of Capitol Hill.” Originally started in 1843 and employing many famous editors throughout the years, The Economist is known for its staunch viewpoints presented in the articles and the lack of a byline tied to most articles. The Economist is targeted at top business executives as well as leaders and political figures worldwide.

Published in magazine format, The Economist is actually regarded by many as a newspaper due to its ability to feature many articles in each issue all presenting pressing issues. Topics range from reports of individual countries as well as international business news, new releases in the arts and technology. From national disasters to elections in Japan, as well as international education, business and human rights and Swiss private banks you’ll find all the issues affecting our business and economy today.

The Economist brings you an international perspective for some of the most important topics that are being discussed today and helps you gain an informed viewpoint and get involved. (Magazines.com)

Read The Economist, September 20, 2008 Online

Online HTML Edition.

The financial crisis
What next?
Global finance is being torn apart; it can be put back together again

FINANCE houses set out to be monuments of stone and steel. In the widening gyre the greatest of them have splintered into matchwood. Ten short days saw the nationalisation, failure or rescue of what was once the world’s biggest insurer, with assets of $1 trillion, two of the world’s biggest investment banks, with combined assets of another $1.5 trillion, and two giants of America’s mortgage markets, with assets of $1.8 trillion. The government of the world’s leading capitalist nation has been sucked deep into the maelstrom of its most capitalist industry. And it looks overwhelmed.

The bankruptcy of Lehman Brothers and Merrill Lynch’s rapid sale to Bank of America were shocking enough. But the government rescue of American International Group (AIG), through an $85 billion loan at punitive interest rates thrown together on the evening of September 16th, marked a new low in an already catastrophic year.

AIG is mostly a safe, well-run insurer. But its financial-products division, which accounted for just a fraction of its revenues, wrote enough derivatives contracts to destroy the firm and shake the world. It helps explain one of the mysteries of recent years: who was taking on the risk that banks and investors were shedding? Now we know. ...

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About The Economist Magazine:

The Economist Magazine, a weekly news and business publication written for top business decision-makers and opinion leaders who need a wide range of information and views on world events. It explores the close ties between domestic and international issues, business, finance, current affairs, science and technology.

According to its contents page, its goal is "to take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress." Subjects covered include international news, economics, politics, business, finance, science and technology and the arts.

The publication is targeted at the high-end "prestige" segment of the market and counts among its audience influential business and government decision-makers.

Although The Economist calls itself a newspaper, it is printed in magazine form on glossy paper, like a newsmagazine.

The Economist belongs to The Economist Group. The publication interests of the group include the CFO brand family as well as European Voice and Roll Call (known as "the Newspaper of Capitol Hill"). Another part of the group is The Economist Intelligence Unit, a research and advisory company providing country, industry and management analysis worldwide. Since 1928, half the shares of The Economist Group have been owned by the Financial Times, a subsidiary of Pearson PLC, and the other half by a group of independent shareholders, including many members of the staff. The editor's independence is guaranteed by the existence of a board of trustees, which formally appoints him and without whose permission he cannot be removed.

(From Wikipedia, the free encyclopedia)

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