Prior to the advent of the Euro, I lived in the Netherlands and then Belgium. I clearly recall how the money looked: the Dutch Guilder was always emblazoned on beautiful banknotes, each denomination a magnificent manifestation of national probity and pride. My mind’s eye is particularly drawn to the 50 guilder note, notable for featuring […]

The Left had much to celebrate over the long weekend: not only was the Conservative Party routed in Britain’s local elections, the triumph of Hollande over Sarkozy in France and the success of socialist and social democratic parties in Greece and Schleswig Holstein suggest that the political tide is turning red. Austerity has been discredited; […]

Last weekend’s edition of the Financial Times led with three articles about Spain. They catalogued nothing but misery: a quarter of Spaniards are unemployed, the country’s financial position is worsening, Spain’s bonds have been downgraded by two notches, Spain is crying out for help, seemingly into a void. The FT’s attention is justified; Spain is […]

There’s nothing quite like the Muslim call to prayer. I heard it earlier this afternoon while walking through an open air market. The air was full of the sharp scent of citrus, the earthy smell of fresh vegetables, and the spiky odour of fish out on display. Mothers and grandmothers manned their stalls, haggling with […]

On Monday, David Cameron made a rather rambling and long winded speech; my other half and I watched snippets of it on the BBC News at Ten. I sighed; she said, “I’ve been to so many of these,” with a touch of weariness in her voice. While I don’t have her experience of working for […]

It didn’t get much notice, but this small news item caught my eye: on Thursday, the rather bloodless sounding International Swaps and Derivatives Association’s Determinations Committee met to decide whether Greece had actually defaulted or not. They judged that Greece hadn’t, because although private bond holders had taken a loss of 53.5% on the face […]

I haven’t written much through the course of 2011 as it has been a year of massive change. As I type out these words, I’m living in a different home than I was a little over a week ago. On Monday, I’ll be starting a new career with a new company. And all this is […]

I spent most of yesterday watching the results of the Australian federal election. Some may wonder why such a remote contest would be of interest: my reply is straightforward. The Australians use the Alternative Vote system in electing MPs: their election could be very instructive for countries like Britain which may adopt this method. Furthermore, […]

An impassioned plea for reason from one of Europe’s leading Greens:

Dictatorships are a waste of everyone’s time. There is no instance in which one has been imposed and it did not prove self-defeating in the end. Hitler thought he was building a Reich to last a thousand years; it lasted twelve. Germany afterward was a devastated country which was chopped into two and has lived […]