World

Israeli politicians have been worrying that the Palestinians would join the protests sweeping the Middle East. So far, this has not happened. But now the Israeli leadership is facing something it probably never expected: an Israeli Spring.   Tens of thousands of Israelis took to the streets last weekend to protest against the high cost of living and demand that Prime Minister Benjamin Netanyahu conduct extensive economic reforms. Over 150,000 people are thought to have demonstrated in Tel Aviv, Haifa, Jerusalem, Beersheba and six other cities in left-wing protests against housing policy, but which seem to be morphing into a broader political movement. The dissent began a few weeks ago when

Eric Pickles’ decentralisation revolution continues, with the announcement that Whitehall is relinquishing control over car parking restrictions in town centres. From now on, town halls will decide how much space will be devoted to parking and at what price. It is hoped that this will stimulate commerce in the localities by improving the experience of high street shoppers.      This, I concede, is not the most thrilling news ever to have graced these pages. But it is quite significant nonetheless. It was understood that Pickles was unlikely to achieve this objective, due to Whitehall’s intransigence. So, this is another indication of Pickles’ ability to overcome the antediluvian forces arraigned against him and

Momentousness without momentum. That’s what we’re getting from America at the moment, as this all-crucial debt deal continues to stutter and stall. The main development in Washington yesterday was John Boehner securing enough Republican votes to pass his bill in the House of Representatives — only for it to be summarily tabled by Democrats in the Senate. What will follow over the weekend is yet more frantic negotiation between the Democrats and Republicans in Congress, as each tries to make their various plans more acceptable to the other, while also keeping their own die-hards on side. Meanwhile, the clock keeps on ticking down towards default: three days, 13 hours, 35

It is 55 years, this week, since Egyptian forces under President Nasser siezed and nationalised the Suez Canal – and triggered the eventual Suez Crisis in the process. Here is The Spectator’s leader from the time: Safeguarding Suez, 3 August 1956 Colonel Nasser’s seizure of the Suez Canal provides a fitting climax to the disasters which have recently overtaken British policy in the Middle East. It is not the nationalisation itself that is serious – the concession would in any case have lapsed in 1968 – but, judging by the Colonel’s speeches and the Egyptian press and radio it seems that the present Egyptian Government has decided to ride the storm

The Egyptian revolution may be in for its greatest challenge yet. Last weekend saw clashes between different groups of protesters, as one group sought to march on the Supreme Military Council. Now Salafists have promised to occupy Tahrir Square on Friday, seeking to turf out the broad-based group of revolutionaries that have occupied the square for a number of weeks. Many people fear a bloodbath. The military, meanwhile, is benefitting from a fracturing of the revolution. Some even see an explicit (if short-term) agreement between the military and the Muslim Brotherhood and the Salafists which will allow the military to push against the liberal Tahrir Square activists. If the Salafists

There’s a new favourite in the race for the Republican nomination to take on Barack Obama in 2012. Yesterday saw Mitt Romney hobbled from his number one spot – on betting website Intrade at least – by Texan Governor Rick Perry. Romney had been seen as the candidate most likely to secure his party’s nomination next year ever since he finished second to John McCain in the 2008 primaries. However, support for Romney has never reached the levels expected of frontrunners, with many Republicans keen to vote for someone more conservative. Rick Perry may just be that man. Perry’s position as (narrow) favourite is somewhat surprising when you consider that

Much though most readers probably want it to, the phone hacking saga just won’t do the decent thing and die. Today brings fresh revelations. Colin Myler and Tom Crone, respectively former editor and head of legal affairs at the News of the World, have said that they sent an email to James Murdoch that supposedly undermines Murdoch’s testimony to the Culture, Media and Sport Committee. The Guardian reports that the email, “known as ‘for Neville’, because of its link to the paper’s former chief reporter Neville Thurlbeck, is thought to have been critical in News International’s decision to pay out around £700,000 to Taylor in an out-of-court settlement after he

“I’m very worried, this building [the Treasury] is very worried and this government is very worried,” said George Osborne of the unfolding crisis in the Eurozone. In an interview with the FT, the chancellor goes on to say that he is in constant contact with his continental counterparts and urges them once again to “get a grip”. Eurozone leaders are meeting today to discuss further loans to Greece. Three options are being considered: first, an extension of the European Financial Stability Facility; second, private sector creditors re-lend money for a longer period and at a lower rate; third, impose a tax on banks to secure revenue for Greece. Despite a

All hail, Wendi Deng. It took her a split second to attack the guy hurling a pie at Rupert Murdoch, slapping so hard that the sound was picked up by the cameras. According to the BBC’s Nick Robinson she then started shouting “I got him, I got him.” First tiger mums, now tiger wives. “Mr Murdoch, your wife has a good left hook,” said Tom Watson afterwards. Better than his, at any rate. For all the hype, it was a strikingly uninformative session. About ten minutes into this Trial of Rupert Murdoch, it was pretty clear the committee was not going to get a “you can’t handle the truth!” moment

Addictive though the hacking inquiry is, the average Brit is probably more worried about the slow decimation of his spending power at a time when salaries are flat. Against this backdrop, the price of gold today has broken $1,600 an ounce.  With inflation and the Fed’s printing presses whirring, faith in paper money is taking a knock – and this is reflected in the price of gold.  Fears of a debt crisis in Europe add to it too, with a disaster scenario all too easy to imagine. Over the last decade, the West blew a bubble fuelled by low interest rates and debt-financed consumption. The bubble burst. Solution: even lower

Sir Paul Stephenson’s resignation statement contains three paragraphs that hand plenty of political ammunition to Labour: “Now let me turn to the reported displeasure of the prime minister and the home secretary of the relationship with Mr Wallis. ” The reasons for not having told them are two fold. Firstly, I repeat my earlier comments of having at the time no reason for considering the contractual relationship to be a matter of concern. Unlike Mr Coulson, Mr Wallis had not resigned from News of the World or, to the best of my knowledge been in any way associated with the original phone hacking investigation. “Secondly, once Mr Wallis’s name did