The fog of uncertainty in a manic economic depression

In an interview published on 30 August last year, UK Chancellor of the Exchequer (Finance Minister) Alistair Darling  revealed his view that the economic downturn was “arguably the worst” in 60 years. He was quickly dumped on for talking down the economy and the underlying analysis was gleefully trashed. Grim prospects, The Economist acknowledged, “But the worst outlook in six decades? Nonsense.” Perhaps Darling does not seem so nonsensical today, now that the economic depression is turning manic. Continue reading

Obama in power (3): Iraq – not as clear as it first seems

Speaking last Friday at the US Marine Corps Camp Lejeune base in North Carolina President Obama announced a big reduction in US troop numbers in Iraq from 142,000 down to 50,000 by August next year, with all US forces out by the end of 2011. So he has made his intentions clear. Or has he?

Continue reading

Overstretch in UN peace operations

“In 2008 global peacekeeping was pushed to the brink,” says a new briefing paper from the Center on International Cooperation in New York announcing the Annual Review of Global Peace Operations 2009.  The authors chart out the basic peacekeeping figures – who contributes what peacekeeping forces where – but their main focus is on the serious degree of overstretch and the risk of operations breaking down. Continue reading

Obama in power (2): points from the US President’s speech to Congress

Barack Obama gained several points in opinion polls and a lot of favourable media comment for his speech to Congress on Tuesday 24 February. Its main focus was the economic crisis in the US. He had little to say on foreign policy, nothing new, mostly generalities, with a couple of worthwhile points. But in what he said on responding to crisis, there was much that reflects how the President sees the US place in the world and may therefore be suggestive of his administration’s stance and future actons. Here, without comment, are brief excerpts from the speech with points that I found especially significant on that score. Continue reading

Stern, climate change and “extended world war”

First the Huffington Post and then Fox News have both published a story containing some garish remarks by Nicholas Stern about “extended world war” as a consequence of climate change. The report feels as though, even if accurate, the remarks were taken sharply out of context because alarmism is not Stern’s usual currency. But the real concern is that it’s not helpful to depict the link between climate change and conflict in that way.

Continue reading

The special significance of the Israel-Palestine conflict

Why is it that the conflict between Israel and the Palestinians generates such intense feelings among so many people? It goes deeper and spreads more widely than virtually any other current political issue. People who have no personal stake  – no relatives in any part of Israel and Palestine, for example – express themselves on this conflict with genuine feelings of grief and anger, where other conflicts provoke only a more general humanitarian response or concern for the unjustly treated. What’s special about Israel-Palestine? Continue reading

Gaza, criticising Israel and Howard Jacobson

The three-week offensive Israel launched on Gaza on 27 December has predictably led to a re-airing of the argument about whether and to what degree it is possible to criticise Israel without being anti-Semitic. This is the conflict that receives more coverage and more passion than any other in today’s world and how the arguments about it are handled is important in the evolution of our political culture. This post goes into this treacherous subject at some length.
Continue reading

Israel’s motives in Gaza

Why did Israel launch its offensive on Gaza on 27 December? Little is clear and as always there are competing accounts and interpretations, with even more confusion and argument over its degree of success or failure. Continue reading

Obama in power

So how do the first two weeks of the Obama administration’s international policies look? Too soon to pass judgement on the administration and its approach, too soon to tell very much, but not too soon for opinions and the commentariat is already full of them. In a provisional sort of way, let’s join in. Continue reading

One time only investment advice: go green

My blog is not especially meant for investors, there are masses of places where investors get advised on and off the internet, I don’t know anything about investment anyway and have never invested in anything in my life. So I thought it was time to offer some advice to investors. It is simple – the low carbon economy is where the future lies so turn to carbon-zero technologies for profits and a good, clean feeling.

Continue reading