If I went to an auction with a business partner we would not spend our time at the auction bidding against each other. We would agree the best course of action for buying the item at the lowest price, and stick to that. Only one of us would bid. We would not advertise in advance how much we wanted the item or what our bidding strategy would be.
By Steve Parkhurst, Senior Editor,USDR.
Looking at the news and opinion out of London eachday.
For the past three days on the freezing streets of Warsaw, thousands of people have taken part in a series of protests in front of Poland’s parliament. Inside the session hall, opposition MPs occupied the speaker’s podium for several hours and blocked a vote on the 2017 state budget. The cause of these demonstrations are plans by the ruling Law and Justice party to restrict the access of reporters to thelegislature.
The fight for press freedom is back on – and it needs your help. The government is consulting on a draconian new law, the so-called Section 40, that could mean publications like The Spectator, who refuse to submit to Max Mosley’s regulator, would have to pay the legal costs of anyone who wants to sue us, win or lose. We would be made a sitting duck for anyone who felt inclined to complain aboutanything.
The protracted negotiations to extricate Britain from the European Union are exposing the falsity of Farage and hiscohorts
Javid wants office-holders to swear one, and thinks that all new arrivals should too. But what’s to stop it becoming a litany of politicalcorrectness?
Giving the cold shoulder to the Prime Minister was juvenile. Refusing to reassure all EU citizens living in each other’s countries that they can stay after Brexit was morallyrepulsive.
The growing clamour for action is entirelyjustified.
In the British mind, the Crimea means the Charge of the Light Brigade, Florence Nightingale, and all that, more than 150 years ago. We – and the West in general – know little of what the Crimea means right now. We should know more, because it helps explain why this week the Russians have literally got away with murder in Aleppo, why they tried to affect the result of the US presidential election and why they arewinning.
Most people agree the UK needs to do better at providing social care. Some think it is just a case of increasing the money to pay for it by more than it has been increased in recent years. Others say there needs to be reform of the way public sector care is organised and provided. Underlying the debate are two major issues which needdiscussion.
Revelations by this newspaper that members of the Armed Forces are facing what amounts to legal persecution from Ministry of Defence bureaucrats and activist lawyers over their military service in Iraq caused deep and justified public anger, a sentiment that proves once again how highly the people of this country value those whoserve.
With his comments on the Syria crisis, the ex-Chancellor has made a timely return to the Westminsterstage
As the party languishes in the polls, even his allies see that he lacks the ability to move their projectforward
Strikes are relatively rare – but it isn’t acceptable that certain services are still regularly disrupted by them
The transport sector is yet to shake off the bad habit of mass industrial action. Tougher rules may beneeded.
The Chancellor suggested that thoughtful politicians incline to one. But the more thoughtful one is about it, the more problematic itlooks.
Many advanced economies, especially on the continent, have struggled since the crash of 2008-9 thanks to the failure to mend the commercial banks. The main authorities of the advanced world lurched from being far too lax with how much banks lent compared to their capital, cash and reserves, to being too tough. As a result we have had slow growth or no growth, depending on the relative weakness of the individual national commercial banking systems. The US and UK fixed their banks more quickly than the Euro area, but still demand levels of cash and capital that makes normal levels of credit expansion difficult in thiscycle.
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