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This week we have two covers. In Latin America we look forward to Barack Obama’s visit to Cuba. It crowns his gamble that renewed diplomatic relations, frozen for 54 years, will do more than isolation to end the Communist regime and repair the damaged ties between the United States and Latin America
In the rest of the world we analyse Vladimir Putin’s declaration that he is withdrawing from Syria. What seems like a famous victory has a hollow ring. Russia’s foreign campaigns are made-for-TV adventures designed to persuade anxious Russians that their ailing country is once again a force in the world. So where will Mr Putin stage his next drama?
Zanny Minton Beddoes, Editor-in-Chief |
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| Businesses are embracing the idea of working in teams. The hard task is managing them |
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| Finance and the blockchain |
| The hype surrounding distributed ledgers has got financial firms excited. Yet, before blockchains find their niche, first will come a moment of disillusion |
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| A new generation of Indians is forsaking fatalism and karma for free will and greater expectations |
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| Politics this week |
| Myanmar’s parliament elected Htin Kyaw as the country’s next president, the first civilian leader after more than 50 years of control by the army. He is close to Aung San Suu Kyi, whose National League for Democracy won elections in November. Miss Suu Kyi is barred by the constitution from taking the job, but says she will be the effective ruler |
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| Business this week |
| Shares in Valeant, a troubled drugs company, fell by half after it warned of a potential default on some of its $30 billion debt-pile and slashed its outlook. The company came under pressure last year when it jacked up the price of two treatments for heart disease. The Securities and Exchange Commission is looking into a variety of its business practices. Last August Valeant’s stockmarket value was $90 billion; it is now $11 billion |
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| MORE FROM BUSINESS THIS WEEK > |
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