The Great Debate UK

from Anatole Kaletsky:

Will the European economy’s summer squalls turn into an autumn tempest?

By Anatole Kaletsky
October 3, 2014

Draghi, President of the European Central Bank (ECB) answers reporter's questions during his monthly news conference at the ECB headquarters in Frankfurt

Following the grim market response to European Central Bank President Mario Draghi’s latest monetary policy pronouncements, Europe is approaching another make-or-break moment comparable to the crisis of 2012. The summer quarter ended this week, and financial markets delivered their judgment on just how bad things are, pushing the euro down to its lowest level since September 2012. Europe’s quarterly stock market performance was the worst since the nadir of the euro crisis. The question is whether the miserable summer will give way to a milder autumn. Or whether the summer squalls will turn into a catastrophic tempest.

from Hugo Dixon:

Whatever help the West offers to fight Islamic State, it should have conditions.

By Hugo Dixon
October 2, 2014

A pair of U.S. Air Force F-15E Strike Eagles fly over northern Iraq

What should the West’s military policy be toward Islamic State?

Most observers fall into two camps. Some point to the sorry history of Western intervention in the Middle East and argue the job of combating the Islamic State should be left to local powers.

from Breakingviews:

Cameron takes deficit amnesia to a new level

October 1, 2014

By Ian Campbell

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

from The Great Debate:

We all know about jihadists, but what about those waging an ‘anti-jihad’?

By Karima Bennoune
October 1, 2014

Human rights activist holds a placard during an anti-Talibanisation protest in LahoreAs the UN Security Council tackles the entity claiming to be “Islamic State,” and President Barack Obama invokes global Muslim responsibility, many ask whether people of Muslim heritage do enough to counter extremism.

from The Great Debate:

Are ‘Hong Kong people’ still Chinese? Depends on how you define ‘Chinese’

By Alan Chin
September 30, 2014

A protester sleeps under an umbrella as she blocks a street outside the government headquarters in Hong Kong

“Hong Kong people! Hong Kong people!” shouted tens of thousands of Occupy Central demonstrators on the streets of downtown Hong Kong as they braved police pepper spray and tear gas this weekend. So simple and self-evident, the slogan gets to the heart of the matter, because beyond the immediate causes of contention are the much larger existential issues of who gets to define just exactly what it means to be part of China, and to be Chinese.

from Data Dive:

Ebola’s spread brings host of other diseases in its wake

By Michael Corones
September 26, 2014

Almost 3,000 West Africans have died from the current outbreak of Ebola virus, and on Tuesday, the U.S. Centers for Disease Control and Prevention warned that by January between 550,000 and 1.4 million people could be infected if nothing is done.

from Anatole Kaletsky:

It ain’t over yet: Last-minute promises to Scotland will scar the UK

By Anatole Kaletsky
September 26, 2014

Britain's Prime Minister David Cameron delivers a speech at the Aberdeen Exhibition and Conference Centre in Aberdeen, Scotland

Astonishing as it was to contemplate the breakup of Europe’s most stable nation-state threatened by last week’s Scottish referendum, we now have an even more extraordinary possibility. In the days since the Scottish voters rejected secession 55 percent to 45 percent, a new threat has suddenly appeared to blight Britain’s political and economic prospects for years ahead. It now looks like Britain may be dissolved by one rogue opinion poll.

from The Great Debate:

‘The Boss’ is now a senior citizen. His music’s stayed young.

By David R. Shumway
September 23, 2014

Bruce Springsteen performs with drummer Max Weinberg of E Street Band during the "12-12-12" benefit concert for victims of Superstorm Sandy at Madison Square Garden in New York

On Sept. 23, 2014, Bruce Springsteen turned 65. 

It should no longer be shocking to learn that a rock star has hit retirement age. Bob Dylan, Paul McCartney and Mick Jagger are all over 70, still performing and, at least in Dylan's case, releasing albums that seem to matter. It is worth recalling, however, that in the 1960s and 1970s, when these artists first made their marks, it was widely assumed that no one would remember them just a few years later. A 1975 Newsweek cover story, for example, asserted that Springsteen was a product of "hype," suggesting he would likely be forgotten once the next big thing came along.

from The Great Debate:

Humans don’t do ‘future’ well, and that could doom us if we’re not careful

By Richard Schiffman
September 23, 2014

A protester carries a sign during the "People's Climate March" in the Manhattan borough of New York

There has been some rare good news about the environment recently. One was hard to miss. On Sunday, roughly 300,000 people swelled the streets of midtown Manhattan in the People’s Climate March. It was not just the largest climate protest in history; it was the biggest U.S. political demonstration of any kind in more than a decade.

from Anatole Kaletsky:

Why this Ukraine ceasefire will stick

By Anatole Kaletsky
September 19, 2014

A boy sits on an APC as he poses for a picture during a parade in Luhansk, eastern Ukraine

The war in eastern Ukraine, which has had more impact on the European economy than any news coming out of Frankfurt or Brussels, appears to be ending. Despite the sporadic attacks that have wrecked previous ceasefire attempts.