World affairs

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A handout picture released by Swedish army shows the mystery mini sub

They came, they saw (eventually), and they pledged to conquer if it ever happens again. Read more

  • After a bitter election campaign in which she eschewed market economics and painted her main opponent’s party as bloodsucking bankers, Brazil’s president Dilma Rousseff is now adopting the more orthodox economic policies of her defeated rival
  • The “disappearance” and presumed murder of 43 students in Mexico, along with claims of impropriety surrounding president Enrique Peña Nieto, has raised doubts over his ability to deliver much-needed reform
  • Asia cannot replace the west as a source of financing for Russia’s sanctions-hit economy, according to a close ally of President Vladimir Putin, who downplayed Moscow’s attempt to pivot east as Russian companies seek to refinance $40bn in debts maturing this year
  • Turkey must continue the peace process with the Kurdistan Workers Party to prevent sectarian and ethnic bloodshed from spilling over from neighbouring Syria
  • A landmark climate change deal will cut China’s emissions for more than a decade and it is going to be tough for the US to meet its requirements. But it is a good start (Foreign Policy)

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Tony Barber

People wait in line at a government employment office in Madrid – Getty

A strong, broadly based economic recovery in the eurozone is nowhere in sight – as will become clear on Friday, when Eurostat, the EU agency, and several national statistical offices publish estimates for gross domestic product growth in the third quarter of this year. Read more

Tony Barber

For the past 15 years, there has been little good to say about Italy’s economic performance, and even less about the quality of Italian political life.

Yet one Italian institution emerges with its reputation unscathed – and even strengthened – from this long spell of incompetence, corruption and decline.

I am speaking of the presidency. Carlo Azeglio Ciampi, who served as head of state from 1999-2006, and Giorgio Napolitano, his successor and the current president, have exemplified everything that is dignified, decent and honourable about their country. Their behaviour in office has put the squabbling and self-serving political classes to shame – and it has preserved respect for Italy among its allies and partners abroad. Read more

By Gideon Rachman

This weekend America announced that it was sending more troops to Iraq, Russia allegedly sent more troops into Ukraine and President Barack Obama set off for Beijing.

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Lionel Barber

The funeral of Benjamin Crowninshield Bradlee at the Washington National Cathedral was part state occasion, part Shakespearean drama. Stirring eulogies, martial strains and trumpets, and a gathering of courtiers high and low, laying to rest one of the great warrior kings of modern newspaper journalism, perhaps the greatest. Read more

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