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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