James Forsyth James Forsyth

Will inflation bring back austerity?

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The return of inflation has changed politics, I say in the Times today . Until recently, it was possible to argue that the government should borrow to slashes taxes, or to cover almost any additional spending. It was so cheap to do so that it was almost rude not to, the argument went. Inflation

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Is Nicolas Maduro planning to annex part of Guyana?

Venezuela’s president Nicolás Maduro seems to be in something of a political pickle. On Sunday, he held a referendum on whether or not Venezuela should annex Essequibo, a dense jungle region which makes up two-thirds of neighbouring Guyana. In the end, 95 per cent voted to support Venezuela’s claim to the land (Maduro hailed this as an

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