By Steve Parkhurst, Senior Editor, USDR.
Looking at the news and opinion out of London each day.
7-13-15
Sorry, but Greece isn’t victim of a ‘coup’. It’s a victim of the Euro
After 17 hours of negotiations Greece and its creditors have just agreed a third bailout deal – and already there’s a new hashtag campaign on Twitter protesting that #ThisIsACoup. Paul Krugman agrees. Why so?
Greek crisis: Angela Merkel says there ‘won’t be an agreement at all costs’ at Brussels summit
German Chancellor Angela Merkel said there “won’t be an agreement at all costs” on a Greek bailout deal as eurozone leaders arrived for a summit in Brussels
Labour fights over Harman’s leadership
Judging by the uproar that greeted Harriet Harman’s decision to support limiting future tax credit claims to just two children, Labour almost looks as though it is in a worse position as a party than it was in 2010. Labour’s interim leader has plenty of good reasons for picking this policy: she spoke to voters who talked about being unable to afford to have another child and who were aggrieved by the way benefits made this possible for others, she thinks her party lost because it didn’t seem to be listening to such voters, she’s the current leader and there are a lot of welfare cuts going through at present which the party needs to adopt some sort of position on if it is to work as a strong opposition.
Restoring trust in charities is key to the Big Society
Funds should not be used for political lobbying.
7-12-15
Crown Prince George is now the man to beat
George Osborne has taken a step towards becoming the next prime minister
Iain Duncan Smith, the unlikely champion for workers, on why his benefits battle is far from over
“Businesses must change the sickness culture,” says Iain Duncan Smith
Ethical objections to the all-conquering app are laudable, but try maintaining those when there’s a cut-price chauffeur at the door
Extend and pretend day?
If the Euro area decides after all to lend Greece another 53 Billion euros that they can’t pay back, we need to ask what was the crisis for? Why close the banks, undermine asset values, put Greek people into more misery and cut the output and tax revenues of the Greek economy? Why seek to change the Greek government and then lose a referendum when the Greeks called the Euro area’s bluff? And if Greece agrees to the austerity it rejected, why did they put themselves through the pain and cuts of the last few weeks, when they could have volunteered for austerity earlier to release more cash?
7-11-15
7-10-15
The Living Wage sounds good – but tax cuts are better
If the Chancellor wants to eradicate low pay, he should embrace properly Tory ideas instead of aping bad Labour ones
Six reasons why the Chancellor is right to relax Sunday Trading laws
The current regulations are outdated, ineffective and nonsensical.
7-9-15
George Osborne’s world view: a smaller state that intervenes more
The living wage is the Tory Clause Four moment – but it will destroy jobs and reduce opportunity
Cameron makes Britain’s voice heard in a noisy room of EU leaders
Plus, why the voters of London would be lucky to have Syed Kamall as a mayoral candidate.
7-8-15
Emergency Budget: Where George Osborne’s £12bn welfare cuts will fall
The Chancellor will have to end the madness of welfare dependency without angering the British people – but he must persist
Tories ‘to slow welfare cuts’ in Budget, reports suggest
Tomorrow’s Budget is expected to be brutal, with the Conservatives recognising that now is the time to inflict the maximum pain as the party is the furthest it will ever be from the next election.
If Greece’s revolt spreads across Europe, Labour will be the loser
The party is facing assault from the anti-austerity Left and a Ukip fuelled by Britain’s corroding poverty . Its relevance hangs in the balance
7-7-15
Greece and Tunisia show the limits of sovereignty
In the modern world, no single country can get its way on its own.
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Across The Pond is edited daily by Steve Parkhurst. Steve is a political consultant, a writer at his blog as well as a Senior Editor here at US Daily Review. Follow Steve on Twitter @SteveParkhurst