Tag Archives: G-20

Resources – the coming crunch and some things that could be done about it

As I remarked already, and it’s the starting point for the new edition of my State of the World Atlas (published this week), the human population is seven times greater than it was 200 years ago but our use of resources is disproportionately greater still: we produce 50 times as much, using 60 times as much water and 75 times as much energy. Where is that all going – and perhaps more to the point, how long can it keep on going? A new report offers insights. Continue reading

Tobin tax: is this the way to meet the climate change bill?

Tobin or not to bin? Gordon Brown’s apparently sudden conversion to supporting a tax on financial transactions – initially proposed by James Tobin – has, if nothing else, put new energy into the related debates about the banking sector, paying off the costs of the economic crunch, and financing basic social needs. But will it fly? And should it? There are several strong reasons why but there is a negative side that we also need to attend to. Continue reading

Britain’s international standing

 Ever since the end of the British empire, some of us British have been pondering and picking over the question of what is our place in the world. For the British, it is so much part of the condition of being British that for the most part we don’t realise we’re doing it and, when it’s pointed out to us, we assume that it’s simply part and parcel of having a national identity. But it’s not. And our obsession with it says something about us. As our Parliament merrily implodes before our eyes, the question is coming back again but in the end the answer may be surprisingly banal. Continue reading

“Oops” – the IMF’s latest economic jargon

On the eve of the UK budget statement, the International Monetary Fund today estimated the cost to the British government and taxpayer of bailing out British banks to be £200 billion. That’s not how much we’re under-writing, guaranteeing or spinning. It’s money that we will have to actually pay out. Except, no it’s not. There’s no point giving you the link to the IMF web-site so you can see the fancy graph because they’ve, er, well, anyway it’s not there anymore. They took it down. It was wrong. Oops. Continue reading

Obama in power (6):policies clarifying, pattern still hazy

By the time Obama was inaugurated, he had promised so much, there was a risk that he could only disappoint. Let’s not get too carried away in these tough times, but there is some much needed good news: perfect his administration is not, but the first signs in foreign policy are far from negative. This extended post surveys the key issues. Continue reading

G-20 outcomes and winners

Thursday’s G-20 summit communique was followed by an immediate hailstorm of judgements. The term “new world order” has been used more than once, which in principle is not out of order when the leaders of countries responsible for 90 per cent of world output are gathered together, and you know there is some kind of success when major world leaders queue up to claim the credit. Continue reading

G-20 tension doesn’t mount

Were it not for the death of a demonstrator and injuries to police and public, it would be possible to treat the whole G-20 summit with the humour that its theatricality demands. For putting events on the streets of London to one side, this is indeed an occasion for powerful actors to strut their stuff. Continue reading

G-20 and the bottle of expectation on economy, climate and conflict

Every significant political moment generates a bottle of expectation. As it looms up and unfolds, the news media and commentators start rushing to judge how far the bottle has been filled by actual achievement. The G-20 – the world’s 19 richest states, plus the EU, the IMF, World Bank and a couple of other financial institutions – meet on Thursday 2 April in London. In full anticipation that the half-full/half-empty metaphor will be used to excess over the next few days, what are reasonable expectations this time? Continue reading

Obama in power (4): challenges, doubts and the G-20

Barack Obama comes to London this week – the heads of 20 other governments do too because G-20 has suddenly grown into G-22 but of course it’s Obama who sets the pulse racing. Everybody knows his host, Gordon Brown, needs the G-20 to be an all-out success; anything less – mere solid achievement, for example – will be spun as failure by the UK government’s army of critics. But is Obama in a similar situation?

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