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Very well then, we are contradicting ourselves

Publication: The TimesDate: August 8th 2010
The traditional newspaper name for this period is the silly season. For economic commentators, however, it feels more like a season of contradictions, when one week’s data or market frenzy appears to turn the previous supposed trend on its head. To sound...

Note to PM: tell India we’re open for business

Publication: The TimesDate: July 26th 2010
Cue, inevitably, headlines about passages to India, jewels in crowns and Cameron-sahib. Cue, probably, pictures of the last Tory prime minister to visit the sub-continent, Sir John Major, and his unfortunate encounter with a silly hat. Cue, certainly,...

The eco-cause has taken a bigger hit than BP

Publication: The TimesDate: July 12th 2010
There is an uncanny resemblance between the arguments used last week to exonerate climate scientists at the University of East Anglia by the independent committee set up to investigate the scientists´ e-mail scandal and those used by BP to explain...

After the smiles, its beggar your neighbour

Publication: The TimesDate: June 28th 2010
It took an Irishman, George Bernard Shaw, to point out that Britain and America were two nations “divided by a common language”. It has taken a summit of the leaders of the G20, held in Canada, to show that Europe and America are two regions divided by...

Where now for the crisis-hit European Left?

Publication: The TimesDate: June 14th 2010
Try looking at the heel of Italy, where you can find a refreshing combination of old values and capitalism Political labels such as left and right, we told ourselves when the Cold War ended two decades ago, are now meaningless. Yet we still use them,...

China’s stance on North Korea could lead to war

Publication: The TimesDate: May 31st 2010
The world is anxious about the Kim regime but greater disasters lie ahead if its superpower neighbour fails to act Try this quiz. You lead a rising economic superpower, with ambitions for global political power. You have pledged to pursue a "peaceful...

The Thatcherite road is all Europe has left

Publication: The TimesDate: May 20th 2010
Solving the eurozone crisis will take more liberalisation than Germany wants to swallow Panic is not a word normally associated either with Germany or Angela Merkel. But that was the impression given by Germany’s announcement on Tuesday that it was...

The City needs its wings clipped, not cut off

Publication: The TimesDate: May 17th 2010
Thwacking bankers may be a crowd-pleaser but will not help Osborne to revive the economy or shrink the deficit Britain spent so long in pre-election mode that it is hard to kick the habit. But it is time to do so, not least when thinking about taxes...

Europe’s economy is the sick man of the world

Publication: The TimesDate: April 30th 2010
Kick Greece out of the euro to warn other reprobates that they face swallowing the same humiliating medicine It wasn’t very nice to liken the Greek debt crisis to the Ebola virus but, as a former Mexican finance minister, Angel Gurria knows a thing or...

Immigration needs a New York state of mind

Publication: The TimesDate: April 19th 2010
Bureaucratic controls will only deny Britain the benefits it has reaped from foreign workers over the years Being stuck in New York, waiting for the Icelandic ashes to stop scattering themselves in Europe’s airspace, does at least provide a bit of perspective...

Why the US and China must close the gap

Publication: The TimesDate: April 5th 2010
First they seemed at loggerheads, now Beijing and Washington appear keen to cosy up. There’s a deal to be done In international affairs, perceptions are swinging back and forth as wildly as British opinion polls. Barely two months ago, America and China...

Berlusconi’s bubble is almost at bursting point

Publication: The TimesDate: March 22nd 2010
If Italian voters put in the boot, the Prime Minister’s coalition partners can seize the chance to bring him down You will, of course, be astonished to learn that for the past two months Italian newspapers have been dominated by tales of corruption,...

The pound will rise as the euro heads south

Publication: The TimesDate: March 8th 2010
Political uncertainty is holding back sterling. But it’s a sure thing that the eurozone has a rough time ahead The time to be greedy, the Sage of Omaha says, is when others are fearful, and the time to be fearful is when others are greedy. Warren Buffett...

Obama’s slow burn will bring Iran into line

Publication: The TimesDate: February 22nd 2010
A sledgehammer approach to sanctions will not kill President Ahmadinejad’s nuclear ambitions and might bolster his power If you had to list the foreign-policy issues you would rather not have to deal with, what would be at the top? Probably Israel and...

Why China is stoking war of words with US

Publication: The TimesDate: February 8th 2010
Beijing’s belligerence is a diversionary tactic. There’s nothing like nationalist outrage to sweeten unpopular economic reform Europeans bemoaning the loss of their prominent world-governing (or, at least, photo-op-ing) role in the almost defunct G7...

Don’t write Japan off. The giant is stirring

Publication: The TimesDate: January 25th 2010
Its economy is set to lose its No 2 position to China, but after years of stagnation Japan seems ready to shake itself up When a car full of boy-racers overtakes an older, sputtering jalopy, onlookers give the slower vehicle barely a glance, though the...

Britain doesn´t need shock therapy

Publication: The TimesDate: January 4th 2010
Commentary on Britain and its economic prospects has come to resemble tabloid reporting on England´s World Cup prospects. One minute, generally after defeating Andorra or some other giant, we are tipped as likely champions. Next, after losing on...

Honesty would be a better climate policy

Publication: The TimesDate: October 29th 2009
Here is an oddity. Most human progress, in overcoming natural obstacles, say, or curing diseases, has been driven by optimism—the view that if we only try hard enough, or apply enough brainpower, we can solve any problem. Perhaps, to wax philosophical...

Let Obama talk. That´s how things get done

Publication: The TimesDate: October 16th 2009
Can there ever have been an American president who has been prejudged, judged and then rejudged as soon and as relentlessly as has Barack Obama? Certainly not George W. Bush in 2001, for whom expectations were low at least until 9/11 changed everything....

Forget the Lisbon treaty

Publication: The TimesDate: October 1st 2009
This is an important week for the politics and policy of Britain, but not for any reason connected to the froth of party conferences, prescription drugs or Sun editorials. The reasons lie across the sea in Ireland and across the channel in Germany, in...

China´s currency

Publication: The TimesDate: September 21st, 2009
An economic crisis that began as a drama, or even a tragedy, is descending into farce. It is bad enough at home, what with Labour and the Tories arguing over whose spending cuts are going to be the nastiest, when the real issue is what it will mean for...

The three worst words of all: ‘off balance sheet’

Publication: The TimesDate: September 1st 2009
Careless talk costs lives, said the wartime poster. Nowadays, it can damage the talker´s credibility, as it has in the case of the remarks by Lord Turner, chairman of the Financial Services Authority, in his now notorious roundtable interview in...

Opec’s greed will herald the end of the oil age

Publication: The TimesDate: August 20th 2009
Proclamations of economic recovery in the past week in Japan, France and Germany, and soon in Britain and America too, may well signal the end of the Great Recession of 2007-09, albeit bumpily. As things stand, though, this month may also signal the beginning...

The recovery will prove Thatcherism right

Publication: The TimesDate: August 13th 2009
All around the world, economies seem to be turning a corner, moving out of a period of this global recession in which the good news was just that things were getting bad more slowly into one in which things are actually getting better.  Exports are...

Liberalism will emerge stronger from the crisis

Publication: The TimesDate: August 13th 2009
http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article6793921.ece All around the world, economies seem to be turning a corner, moving out of a period of this global recession in which the good news was just that things were...

China´s accidental empire is a growing danger

Publication: The TimesDate: May 22nd 2009
A Victorian historian said that Britain “conquered... half the world in a fit of absence of mind”. Chinese Communist Party leaders are not normally associated with absentmindedness, but rather with cool, calculated, long-term strategic thinking. Yet...

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