The Great Debate UK
from Global News Journal:
Every time I write a story on European countries cutting public spending, I feel a frisson of panic. I can't help but fear my health, lifestyle and liberty could be a casualty of the "age of austerity".
On assignment covering the Sri Lankan civil war for Reuters four years ago, I broke my neck in a minibus smash. It left me quadriplegic, almost entirely paralysed from the shoulders down and totally dependent on 24 hour care. I was 25.
Nine months later, in a wheelchair, using voice recognition software and supported by government-funded personal assistants, I got back to work in Reuters London headquarters the day after leaving hospital. Now political risk correspondent for Europe, the Middle East and Africa, I write about the interplay of politics and markets. For the past year and a half, much of that has been the drive to cut government spending as Europe rebalances its books.
That hasn't done my personal mental health any good at all. I even had my doctor tweak my medication to make sure worry didn't produce a gastric ulcer.
– Madeleine Teahan is a speaker for the Catholic Voices project. The opinions expressed are her own -
The Holy See is a sovereign entity which has enjoyed diplomatic relations worldwide for at least 1,000 years and as head of this state, the Pope has been invited by the Queen to visit Britain and address civil society.
It is fairly commonplace at the moment for U.S. and UK financial analysts -- what continental Europeans call the Anglo-Saxons -- to predict the collapse of the euro zone, a project they were mostly sceptical about in the first place. MacroScope touched on this on two occasions in March.
The latest foray into this area comes from Alan Brown, global chief investment officer at the large UK fund firm Schroders. But he does it with twist, blaming what he sees as the eventual collapse of the euro zone not on the structure itself nor on the profligacy of peripheral economies, but on Germany's response to the crisis.
France's plan to ban full face veils, which comes up for a vote in the National Assembly on Tuesday, enjoys 82% popular support in the country, according to a new poll by the Pew Research Center’s Global Attitudes Project. Its neighbours also approve -- 71% of those polled in Germany, 62% in Britain and 59% in Spain agreed that there should be laws prohibiting the Muslim veils known as niqabs and burqas in public. (Photo: French woman fined for wearing a niqab while driving outside court in Nantes June 28, 2010/Stephane Mahe)
The poll, conducted from April 7 to May 8, did not range further afield, but reports from other countries show support there as well. The lower house of the Belgian parliament has voted for a ban, which should be approved by the Senate after the summer. In the Netherlands, several bills to ban full veils in certain sectors such as schools and public service are in preparation. Switzerland's justice minister has suggested the cantons there should pass partial bans but make exceptions for visiting Muslim tourists (the wives of rich sheikhs visiting their bankers in Zurich or Geneva?)
- Ash Verma is Chairman, Gateway Business Consultants Limited and Founder of Gateway Asia. The opinions expressed are his own. -
London has long had a reputation as a city where entrepreneurs from Asia have come to seek their fortune. From its early 19th century roots when Sake Dean Mahomed opened up Britain’s first Indian restaurant and introduced the city to shampoo, London’s Indian diaspora has now grown into one of the largest communities outside the country. The Chinese community in London, too, is Europe’s oldest and largest.
A week ago we ran a post on MacroScope noting, in part, that Britons have a strange relationship with the euro, sometimes bordering on disbelief that it exists at all. Some new numbers from the monthly Bank of America Merrill Lynch fund managers poll underline the extent of UK scepticism compared with that of others.
For two months, BofA Merrill has asked fund managers around the world what they think will eventually happen as a result of the Greek debt crisis. Four choices are on offer:
from Photographers' Blog:
The coffins of six British soldiers killed in Afghanistan are driven though the streets of Wootton Bassett in southwest England November 10, 2009. REUTERS/Suzanne Plunkett
Since the early 2000's, the bodies of fallen servicemen and women from the wars in Iraq and Afghanistan and other places have been repatriated to RAF Lyneham. They pass through the town of Wootton Bassett on their way to the coroner in Oxford. This has led to family members, friends, locals and mourners from further afield assembling along the route of the funeral cortege. It is an emotionally charged event that garners wide media coverage every time.
from UK News:
As the three main UK political parties vie for positioning ahead of a general election to be held by June, the Conservatives unveiled their "Technology Manifesto" on Thursday in London outlining the key issues they would address if they form the next government.
Shadow Culture Secretary Jeremy Hunt and Shadow Cabinet Office Minister Francis Maude presented ideas on everything from improving broadband speeds to making government data accessible online.
Britons have never really got the euro zone. "Its not really going to happen, is it?" was a typical question from a City analyst to Reuters back in the mid-90s. The political drive behind the creation of the monetary union was beyond many in eurosceptic Britain.
So the results of a straw poll at an event sponsored by independent City advisers Lombard Street Research were somewhat suprising. A hundred or so mainly British investors were asked whether the euro would be around in five years with its current membership. Response was about 80 percent saying yes to 20 percent saying no.