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Britain

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In discussing this week’s Grenfell Tower tragedy in London, the British politician David Lammy has resorted to coruscating language. The inferno, he says, was a case of “corporate manslaughter.” Although he has not been specific about who he is accusing, several entities evidently have a lot of explaining to do. This includes most obviously the... Read More
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Financial markets are notorious for irrational mood swings. But even by past standards, the recent wild gyrations in both stocks and currencies seem to have set a new record for ludicrousness. The source of the panic has, of course, been the United Kingdom’s referendum vote last week to pull out of the European Union. The... Read More
Mark Carney at World Economic Forum, 2013. Copyright by WEF, Photo Moritz Hager.  Credit: Wikimedia Commons
Mark Carney is a globalist’s globalist. To say the least, this seems never to have held him back in the past. His luck may be changing. Born in Canada and educated at Harvard and Oxford, he worked for Goldman Sachs in London, Tokyo, New York, and Toronto, before going into public service. His wife is... Read More
China Forces Queen Elizabeth To Eat Humble Pie
The British have woken up today to discover just how low their nation has sunk. In a remarkable snub, Chinese President Xi Jinping is reportedly insisting on bringing his own drinking water to a banquet later this month at Buckingham Palace. He and his wife have also declined to eat the proposed turbot-and-crab starter. Yet... Read More
Anyone puzzled by Scotland’s increasing disaffection should take a look at a book called British Enterprise. Written by Alexander Howard and Ernest Newman, and published in 1952, the immediate afterglow of the festival of Britain, it consisted of short descriptions of each of more than 100 then world-beating British manufacturing companies. It strikingly illustrates how... Read More
The Financial Times this morning carries an important exclusive on British Prime Minister David Cameron’s defiance of a White House effort to counter Chinese financial power. The White House had been trying to organize a G7 boycott of the new Asian Infrastructure Investment Bank, which is seen in Washington as a Chinese-inspired rival to the... Read More
The one occasion when I met Nigel Farage, the rising star of British politics, was at the East India Club in London a few years ago. I was having a drink with a senior member of his United Kingdom Independence Party, an anti-EU pressure group that at that time seemed still relatively insignificant. In an... Read More
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