It is not possible to speak of a terrorist incident as being a good thing, but if it were, these latest would qualify. First, no innocent person was killed in London or Glasgow. Second, information was immediately collected by the authorities, thanks to the would-be killers’ bungling, and more will follow. Often when terrorists are
In Washington, the campaign to put another Clinton in the White House is well underway. In Argentina, the next president could also be the wife of a man who has held the highest office before. President Néstor Kirchner, who grabbed the top job four years ago after polling just 22 per cent of the vote
On 20 July, one of America’s most influential businesswomen, Cathy Kinney, will swap Wall Street for the boulevards of Paris. Kinney is one of the New York Stock Exchange’s big chiefs — president and co-chief operating officer of the newly merged $20 billion NYSE–Euronext group — and she’s moving to the French bourse’s headquarters at
An Englishman, an Irishman and a Scotsman walk into a pub. The Englishman turns to the others and says, ‘What’s that awful smell?’ ‘Och,’ says the Scotsman, ‘it takes a wee while to get used to.’ ‘Ah, so it does,’ says the Irishman, ‘’tis what pubs really smell like when you get rid of the
At the end of the second world war, 43 allied nations gathered at Bretton Woods to reconstruct the global financial system. The result was an economic version of Pax Americana: a liberal trading and financial regime centred on US strength. The dollar became the world’s reserve currency and the free world fixed its exchange rates
A MasterCard survey shows that London is now the most important and efficient city in the world — financially that is — and another reveals it is also the most expensive, Moscow alone excepted. The two are connected no doubt. Certainly a lot of successful people live here: over 10,000 of them, I hear, earn
