Begrimed by the scandal over their petty expense claims, MPs have fallen so low in the public’s esteem as to displace even bankers and journalists from their usual ranking as the dregs of society.
MacroScope is pleased to post the following from guest blogger Simon Ward. Simon is chief economist of Henderson Global Investors in London and previously worked for New Star Asset Management and Lombard Street Research. His own blog is Money Moves Markets.
Nepalese Gurkhas have a long and justifiably proud history of serving alongside Britain — Gurkha units fought with the East India Company in India as early as 1817. Over the years, the Gurkhas have developed a reputation for tenacity, bravery and dogged loyalty to their adopted army.
By Rosalba O’Brien
I’ll tell the truth. When I went to preview tonight’s royal banquet at Britain’s Buckingham Palace, being held as part of the pomp accompanying the state visit of the Mexican president Felipe Calderon, I expected to be writing something on the lines of ‘Credit crunch? What credit crunch?’ – not for the global aristocracy, diplomatic corps and oil company bosses in attendance.