The Week

Leading article

Summer of discontent

The ninth of August will mark the fifth anniversary of the beginning of the credit crunch: the day in 2007 that the banks found themselves frozen out of the debt markets, leading to the Northern Rock collapse and on to the more general banking crisis of 2008. By this stage of the Great Depression, western

Portrait of the week

Potrait of the week | 28 July 2012

Home The nation was divided between those who moaned about the Olympic Games and those who didn’t. Some immigration staff decided to hold a strike, then called it off an hour before the government was due to go to court to seek an injunction against it. Another 1,200 troops joined the 3,500 deployed to cover

Diary

Diary – 28 July 2012

Looking back, there was a moment right at the start when the coalition government could have asserted its authority, and changed the political weather. As soon as they took office, David Cameron, Nick Clegg and George Osborne should have said, quite truly, that they were dealing with the catastrophic economic inheritance of the previous government,

Ancient and modern

Ancient and Modern – 28 July 2012

Dr Armand D’Angour (Jesus College, Oxford) has composed a brilliant Ode in ancient Greek to welcome the Olympic Games to London. It is called a ‘Pindaric’ Ode, but as Dr D’Angour knows very well, the ancient Greek poet Pindar (518–438 bc) wrote very differently.  Pindar was commissioned to compose Odes that celebrated winning: not the

Letters

Letters | 28 July 2012

Divisive he stands Sir: Finally, a western European publication questions whether Barack Obama can be re-elected (‘No he can’t’, 21 July). Before Jacob Heilbrunn’s article I have seen nothing save lame re-writings of pieces from the New York and Washington media, which is still in thrall to Obama.  Heilbrunn’s analysis is compelling: the President’s campaign