from MacroScope:

UK politics thrown up in the air

By Mike Peacock
November 21, 2014

Nigel Farage, leader of UKIP, cheers as it is announced that UKIP candidate Mark Reckless won the by-election at Medway Park in Gillingham

As predicted, Britain’s surging anti-EU party UKIP snatched a second parliamentary seat from the ruling Conservatives overnight.

from MacroScope:

Will Germany’s Q4 get any better?

By Mike Peacock
November 18, 2014

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange

Germany’s ZEW index will give an indication of whether the fourth quarter will be any better for Europe’s largest economy after it barely escaped recession in Q3. In October, the index dropped to its lowest level in nearly two years.

from MacroScope:

Draghi back in the dock

By Mike Peacock
November 17, 2014

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European Central Bank President Mario Draghi faces lengthy interrogation at the European Parliament today.

from The Great Debate:

Seven unlikely events in the fight against Islamic State, and their likely outcomes

By Aki Peritz and Tara Maller
November 17, 2014

Shi'ite fighters, who have joined the Iraqi army to fight against militants of the Islamic State, formerly known as the Islamic State of Iraq and the Levant (ISIL), take part in field training in the desert in the province of Najaf

It’s easy to get depressed about the Middle East these days. The bloodshed continues unabated in Syria. Islamic State advances across Iraq, sacking towns and slaughtering innocents. Millions are refugees. Syrian President Bashar al-Assad seems well ensconced in Damascus, on track to outlasting President Barack Obama in office.

from MacroScope:

UK election – a race to the bottom?

By Mike Peacock
November 13, 2014

Britain's opposition Labour Party leader Miliband speaks at the CBI annual conference in London

The theme of both Britain’s main political parties behaving like they want to lose next May’s election continues.

from MacroScope:

The rouble and the hryvnia

By Mike Peacock
November 11, 2014

A reflection of a yearly chart of U.S. dollars and Russian roubles are seen on rouble notes in this illustration picture taken in Warsaw

Ukraine's currency shed nearly 5 percent on Monday after a weekend that saw the heaviest shelling in a month of the main rebel stronghold in the east and signs that Moscow had dispatched troops and tanks to reinforce separatists. The prospect that a two-month-old ceasefire could collapse has helped drive the currency 12 percent lower since the central bank abandoned an unofficial peg a week ago.

from John Lloyd:

Should the West withdraw from the world to win its love?

By John Lloyd
November 6, 2014

Soldiers from the 3rd Brigade Combat Team, 1st rest as they wait to pack their weapons for shipment back to the United States at Camp Virginia, Kuwait

In his original and argumentative history of the Anglo-American domination of the past three or more centuries, Walter Russell Mead writes that both the UK and the United States believed their imposition of a world order served the highest interests of humanity. From Oliver Cromwell’s denunciation of Spanish cruelty in the 1650s to Ronald Reagan’s characterisation of the Soviet Union as an evil empire in the 1980s, the two main Anglophone states have seen their global expansionism as a blessing for the world: what’s good for us is good for everyone.

from MacroScope:

EU forecasts put France, Italy under the microscope

By Mike Peacock
November 4, 2014

France's President Hollande talks with Italy's Prime Minister Renzi during the Asia-Europe Meeting (ASEM) in Milan

After euro zone inflation ticked up for the first time in many months and the latest PMI surveys showed factory activity expanded only very slightly last month, today the European Commission publishes its autumn economic forecasts.

from Stories I’d like to see:

Did Islamic State really call a convention of nuts and have 15,000 people show up?

By Steven Brill
November 4, 2014

Islamic State fighter gestures from a vehicle in the countryside of the Syrian Kurdish town of Kobani, after the Islamic State fighters took control of the area

Last week, the Guardian reported, “The United Nations has warned that foreign jihadists are swarming into the twin conflicts in Iraq and Syria on ‘an unprecedented scale’ and from countries that had not previously contributed combatants to global terrorism.”

from The Great Debate:

Did Islamic State really call a convention of nuts and have 15,000 people show up?

By Steven Brill
November 4, 2014

[CROSSPOST blog: 2398 post: 2005]

Original Post Text:

Islamic State fighter gestures from a vehicle in the countryside of the Syrian Kurdish town of Kobani, after the Islamic State fighters took control of the area

Last week, the Guardian reported, “The United Nations has warned that foreign jihadists are swarming into the twin conflicts in Iraq and Syria on ‘an unprecedented scale’ and from countries that had not previously contributed combatants to global terrorism.”