South Korea is concentrating on issues which it hopes may be relatively easier for North Korea to accept, such as setting up a hot-line between commanders on both sides of the demilitarised zone, the mutual notification of military exercises, and exchange visits between officers from both sides.

ECONOMIST: The Koreas

Dangerous imbalances can build slowly in a financial system, in ways that may not be obvious to a group of economists whose main focus each month is whether the monetary-policy setting is too hot or cold to hit an inflation target.

ECONOMIST: The Bank of England

The dry, hot desert air and laid-back southwestern state of mind creates an otherworldly setting for ultimate relaxation.

FORBES: Sanctuary In The Desert: Camelback Inn

As for the crudities of hot-metal typesetting and letter-press printing, all these have long been superseded by electronic setting (in which a 1970s managing director, Ian Trafford, was a pioneer, and made The Economist one too), and by the stunning quality of modern offset printing.

ECONOMIST: Our paper in the 1930s: Ninety-plus, and still young | The