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The next instalment of the global debt saga

Hand-picked stories from this week's issue of The Economist.
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  Editor’s Picks   November 12th 2015  
 
The Economist
 



Our cover this week looks at the latest instalment of the global debt saga. This time the bust will be in emerging markets. We explain how it will unfold

Zanny Minton Beddoes, Editor-in-Chief
 
 
 
Airport security
It is not very effective—and is more about theatre than safety
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It is not very effective—and is more about theatre than safety
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Slash fiction in China
Homoerotic literature is doing surprisingly well—among straight women
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Free speech on campus
An obsession with safe spaces is not just bad for education: it also diminishes worthwhile campus protests
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An obsession with safe spaces is not just bad for education: it also diminishes worthwhile campus protests
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Join Zanny Minton Beddoes on the BBC World Service
Zanny Minton Beddoes, our Editor-in-Chief, is co-hosting “On Background”—a new BBC World Service programme looking into the big stories of the week
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Zanny Minton Beddoes, our Editor-in-Chief, is co-hosting “On Background”—a new BBC World Service programme looking into the big stories of the week
VIEW PROGRAMME TIMES >
 
Politics this week
Myanmar held its first freely contested general election in 25 years. The National League for Democracy, an opposition party led by Aung San Suu Kyi, a Nobel peace-prize winner, appeared to have won a convincing victory over politicians supported by the army, which has ruled the country for half a century. The army-drafted constitution, however, prevents her from becoming president. A quarter of the seats in the parliament are reserved for the armed forces
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MORE FROM POLITICS THIS WEEK >
 
Business this week
The Financial Stability Board, which advises the G20, said that the world’s 30 biggest banks should raise up to $1.2 trillion in loss-bearing debt on top of their equity capital. By compelling banks to issue debt that can be written down in times of trouble, the goal is to make creditors liable for a bank’s failure, rather than taxpayers. Under the proposals a bank would fund at least 18% of its risk-weighted assets with such debt and equity by 2022
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MORE FROM BUSINESS THIS WEEK >
 
 
 
 
 
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