Oil

 Houston, Texas It’s hard to find anyone in polite society here who admits to having voted for Trump, even among the oil men. But 4.7 million Texans did so, giving him 53 per cent of the popular vote. In redneck rural counties the Donald carried four fifths of the ballot, but Hillary Clinton was ahead in urban Houston, whose citizens pride themselves on good relations between white, black and Latino communities and on the welcome they offer to newcomers — including, a decade ago, a quarter of a million refugees from hurricane-hit New Orleans. But still this is predominantly an oil town, and an industry that has suffered losses and slashed

Sixty years ago this week all hell broke loose: Soviet tanks rumbled into Budapest and put down a nationalist uprising in a very bloody manner. Down south Anglo-French paratroopers jumped into the Sinai and, in cahoots with the Israelis, took over the Suez Canal in a last gasp of colonialism by the Europeans. And in Washington DC a very peed-off President Eisenhower ordered the Anglo-French to go home or else. They went home and only the Israelis howled that Ike was an anti-Semite and many other things. And where was your intrepid foreign (future High life) correspondent while all this was going on? On an aeroplane flying from New York

How many Olympic medals did Opec win? The answer (though I’ll bet no one else has bothered to work this out) is 15, or an average of 1.07 medals per member of the world’s leading oil-producer cartel. That result — boosted, I should add, by the five-medal triumph of the Iranian wrestling team — compares with the now notorious aggregate figure of 325 for the EU, including Team GB’s 67. I highlight the contrast only to make the point that, as power blocs go, resource-rich Opec is piss-poor at managing its affairs to advantage: the indolent leadership of the Saudis (Rio medals: zero) and their permanent stand-off with Iran means

As we prepare in Britain for our momentous referendum in June, Italy has just had one. It happened last Sunday while I was on holiday in Tuscany, and it was about as futile an exercise in democracy as there could be. Italy has lots of referendums. They come in two kinds. First, there is the constitutional referendum, which is used to approve any change to the constitution that has been passed twice by both houses of parliament. Then there is the popular referendum, which is held by popular demand to request the abolition of the other kinds of law that parliament has enacted. Constitutional referendums are rare. Since the famous

Home David Cameron, the Prime Minister, spent time in Brussels before a meeting of the European Council to see what it would allow him to bring home for voters in a referendum on Britain’s membership of the European Union. The board of HSBC voted to keep its headquarters in Britain. Sir John Vickers, who headed the Independent Commission on Banking, said that Bank of England proposals for bank capital reserves were ‘less strong than what the ICB recommended’. The annual rate of inflation, measured by the Consumer Prices Index, rose to 0.3 per cent in January, compared with 0.2 per cent in December. Unemployment fell by 60,000 to 1.69 million. A

Home David Cameron, the Prime Minister, said that Muslim women must learn English, and that those who had entered on spousal visas would be told halfway through their five-year spousal settlement: ‘You can’t guarantee you can stay if you are not improving your language.’ He said that learning English had ‘a connection with combating extremism’. A heterosexual couple went to the High Court to claim the right to enter into a civil partnership. MI5, the security service, was rated as Britain’s most gay-friendly employer, following a survey by the organisation Stonewall. Mark Carney, the governor of the Bank of England, said: ‘Now is not the time to raise interest rates.’

I had a water meter installed in my flat a few months ago. I looked at it just now and it said ‘13’. I didn’t know what ‘13’ meant, so I went online to check. Apparently, in a few months, four of us have used 13 cubic metres of water, or 13,000 litres. The £40 I’ll pay for this seems rather a bargain: £40 is highly preferable to carrying 13,000 litres up two flights of stairs. But in any case I needn’t worry about overpaying, because there’s an organisation called Ofwat which keeps an eye on Southern Water to check that they don’t charge me £1 too much for my

Home Andrew Burnham described calls from Yvette Cooper, a rival candidate for the Labour leadership, for him to withdraw from the contest as ‘quite strange’. The problem was how to prevent Jeremy Corbyn, a left-winger, from being elected by the alternative vote system by 610,000 party members and registered supporters. Gordon Brown, the former disastrous Labour prime minister, contributed by making a 50-minute speech in a small room at the Royal Festival Hall, during which he paced up and down continuously for an estimated 1 mile 1 furlong 5 chains and did not mention Mr Corbyn’s name. Kezia Dugdale, a Member of the Scottish Parliament, was elected leader of the