Politics Archives

Sunday

11 Feb 2024

The renewables bubble has burst

It wasn’t so long ago that Orsted was being held up as an example of how oil and gas companies should handle the transition to clean energy. In 2009 the then-DONG (Danish Oil and Natural Gas) announced that it was going to turn around it business so that instead of earning 85 per cent of its money from oil and gas it was going to earn 85 per cent of it from renewables. It was an early mover in offshore wind – and, at least for some years, shareholders were richly rewarded. The share price marched upwards from around £19 in 2014 to a peak at £100 in early 2021. Increasing your money

Alex Edmans

Is diversity actually good for business?

It is a sacred mantra of the business circuit that diverse boards improve company performance. It has apparently been proven in multiple studies by the world’s leading companies such as McKinsey and BlackRock, as well as regulators like the Financial Reporting Council (FRC). The evidence is so irrefutable that one FTSE 350 chair raged that ‘There have been enough reports… statistics and… evidence-based research to stop talking about it and get on with it.’ Another viewed the evidence that diversity trumps any other attribute as so ironclad that he tells executive search firms, ‘I don’t want to see any men. I don’t care if they’re Jesus Christ. I don’t want

Jason M. Brodsky

Why is President Biden scared of Iran?

The Biden administration often appears more afraid of Iran than Iran is of the Biden administration. That is a very dangerous dynamic for the United States. While the military action President Joe Biden has ordered this week to counter the Islamic Revolutionary Guard Corps (IRGC) and its axis of resistance is degrading Iran’s capacity, it is not deterring its will. President Biden often appears uncomfortable speaking about Iran. Throughout his presidency, he has never delivered substantive, formal remarks outlining his Iran policy. This is unusual for a regime that poses a significant threat to American interests and values. On January 30, when the president was asked about his response to Iran’s axis

Saturday

10 Feb 2024

Stephen Daisley

Why Donald Cameron should be in the Lords

Finally, Rishi Sunak has put a half-decent Cameron in the House of Lords. In raising Donald Cameron to the peerage and appointing him parliamentary under-secretary of state for Scotland, the Prime Minister has poached one of the sharpest minds in the Scottish Parliament. Cameron has been an MSP for Highlands and Islands for the past eight years and distinguished himself with forensic speeches dissecting SNP government legislation, drawing on his experience as an advocate (a Scottish barrister). Even opponents struggle for a bad word to say about him, an uncommon state of affairs in the bitter and tribal world of Scottish politics. Cameron’s style is patrician and so are his

Freddy Gray

How bad is the border crisis?

33 min listen

Freddy is joined by Todd Bensman, fellow at the Centre for Immigration Studies and author of Overrun: how Joe Biden unleashed the greatest border crisis in US history. They discuss how to solve what is perhaps the issue of our time, why meaningful reform doesn’t seem to happen on immigration, and the extent of Biden’s physical and mental frailty after a week of public gaffes.

Steerpike

Sunak ennobles his business adviser

Happy new peerages’ day! These auspicious occasions seem to roll around quicker now. Rishi Sunak has clearly learned something from the rows over resignation honours for his two predecessors: stagger the names, slip out a list in recess and then hope that no-one notices. Thirteen new peers have been ennobled in the latest drive to boost ermine sales, with eight to the Tories, four to Labour and one to Plaid Cymru. So who are this baker’s dozen of lifelong legislators? Well perhaps the most intriguing name is the Welsh nationalists’ sole nominee. At just 27, Carmen Smith will become the youngest ever life peer, smashing the record of Charlotte Owen

Svitlana Morenets

Svitlana Morenets, Paul Mason, Robbie Mallett and Lloyd Evans

26 min listen

This week: Svitlana Morenets takes us inside Ukraine’s new plan for mass conscription (01:01); Paul Mason says that Labour is right to ditch its £28 billion green pledge (10:49); Robbie Mallett tells us about life as a scientist working in Antarctica (15:48); and Lloyd Evans reads his Life column (21:24). Produced and presented by Oscar Edmondson.

Cindy Yu

Is the Labour party already fractured?

25 min listen

Having ditched the green investment pledge, Keir Starmer faces questions over what the Labour party actually stands for. And without a clear vision, how can the Labour leader hold together a divided party? Cindy Yu speaks to Fraser Nelson and former Labour advisor Ayesha Hazarika.

Gavin Haynes

‘Mm, uh huh, yeah’: Tucker Carlson and journalism’s therapeutic turn

Could the subject of the Sudetenland have been resolved more satisfactorily if Adolf Hitler had been given a more open platform? Somewhere he could really air his views? No messing, no clipping. Four hours on Joe Rogan, perhaps? It’s a historical what-if stirred up again this week by Tucker Carlson’s interview with Russian leader Vladimir Putin. The rangy two-hour session at the Kremlin, trailed for days, became available on Tucker’s website yesterday. It makes for uneven listening. Early expectations were of a blockbuster that could have become the most-viewed video in the history of Twitter/X. They have been wide of the mark. For all his newsmaker status, the President begins with a 20-minute

George Magnus

How the Chinese markets lost faith in the CCP

Ahead of the Chinese new year holiday, Beijing has been intervening to prop up the country’s stock markets. Regulators have tightened market trading conditions, and this week the head of the China Securities Regulatory Commission, Yi Huiman, was fired abruptly, presumably as the fall-guy for the relentless decline in the markets, which have lost about $6 trillion in value since the end of 2021. There is a palpable concern about financial instability in China that travels all the way up to Xi Jinping Chinese equity prices have touched their lowest levels since 2018, and are not far from the lows reached in the 2015-16 financial crisis. Mr Yi’s two predecessors were also fired

Gavin Mortimer

The left can’t stand France’s new culture minister

France’s new minister of culture has promised to put an end to the creeping cancel culture that is threatening the country. ‘Today wokeism has become a policy of censorship,’ said Rachida Dati, who was appointed to her post last month. ‘I am in favour of the freedom of art, the freedom of creation, and I am not in favour of censorship’. She explained that she will launch her campaign next week, summoning the great and the good of the cultural world to ‘ensure that we support creative freedom and do not support these new censors.’ Dati might have had in mind the 1,200 poets, editors, publishers, booksellers and actors, who

Fergus Mutch

Can the SNP claw back support in Scotland?

On Thursday, health secretary Michael Matheson resigned and Humza Yousaf undertook a ‘mini-reshuffle’ of his cabinet. The scandal of the £11,000 iPad bill was only ever going to end this way. That it was allowed to rumble on eroding public trust for months is symptomatic of the SNP’s wider fortunes, which began to rapidly deteriorate almost a year ago to this day. Fifty-one weeks ago a press conference was hastily arranged in the Drawing Room at Bute House. Nicola Sturgeon stood before Alexander Nasmyth’s pastoral portrait of Robert Burns, announced her resignation as first minister and set in motion a remarkable chain of events. The signs of the decline were

Patrick O’Flynn

Rishi Sunak’s week of howlers has exposed his big weakness

It is quite some achievement to launch an attack on Keir Starmer’s contortions over trans rights versus women’s rights and come off worse. Yet that is what has happened to Rishi Sunak this week thanks to an increasingly visible flaw in his make-up: Sunak simply lacks political nous. While he may have been a fluent public performer when serving as chancellor during the covid pandemic, it has become obvious that this was because he was in his comfort zone as a financial geek. But exposed to the much wider demands that the post of Prime Minister entails, Sunak is all at sea. He cannot spot an ambush to save his

Leon Mangasarian

Germany’s rustbelt is reviving – but voters are still flocking to the AfD

West Germany’s first chancellor, Konrad Adenauer, hated eastern Germany and said – possibly apocryphally – that Asia begins at the east bank of the Elbe River. When people visit my forest in what’s long been Brandenburg’s rustbelt, I caution that Asiatic Germany isn’t Adenauer’s bucolic Rhineland, let alone Munich or Hamburg. Yet the ‘rustbelt’ moniker no longer suits a region that, while down and out for decades, is rebounding, powered by new industry and proximity to booming Berlin, the capital’s new airport and a Tesla factory. Even low-tech forestry is making money after having been on life-support five years ago. But there are also levels of anger I have never

Friday

9 Feb 2024

Natasha Feroze

Boris Johnson accused of sabotaging Ukraine peace talks

10 min listen

Tucker Carlson released his highly anticipated interview with Russia’s leader Vladimir Putin last night. The two-hour long discussion was dominated by Putin who gave history lessons, blamed the Nord Stream 2 explosion on the CIA, and accused Boris Johnson of sabotaging the peace talks 18 months ago. Natasha Feroze speaks to James Heale and Freddy Gray about the highlights of the interview, and whether Boris Johnson’s role in the talks was as influential as Putin suggests.

Freddy Gray

Joe Biden isn’t working

Joe Biden isn’t working. That much has been clear to anyone who has followed American politics for the past four years. The 81-year-old often has no idea what he is saying or where he is. Yet it’s only now, months away from his possible re-election, that the Department of Justice, apparently in an attempt to exonerate him for committing a crime Donald Trump is accused of, has admitted the obvious: he’s not really in charge of himself, let alone the country. After interrogating Biden about his hoarding of classified documents, Special Counsel Robert K. Hur reported: We have also considered that, at trial, Mr Biden would likely present himself to

Svitlana Morenets

What Tucker Carlson should have asked Vladimir Putin

Vladimir Putin relished being interviewed by American journalist Tucker Carlson, who doesn’t seem to know much about Russia, Ukraine or the war. The old autocrat turned a two-hour interview into a monologue and spent most of it talking about a fictionalised history of Ukraine. In one of the rare moments when Carlson dared to interrupt Putin and ask about the war, Putin said he didn’t start it. ‘This is an attempt to stop it. We have not achieved our aims yet, because one of them is denazification,’ he said, and then continued to talk about neo-Nazi Ukrainians. Putin said he didn’t start the war Maybe, that was ‘the truth’ Carlson

Sergey Radchenko

Tucker Carlson failed Putin’s history class

They say that he who sups with the devil should have a long spoon. But, driven by vanity and unconstrained by any understanding of Russia’s history or politics, Tucker Carlson slurped up the intoxicating broth of Vladimir Putin’s falsifications this week in his interview with the Russian president. Carlson took to Moscow well. His Russian hosts rolled out the red carpet, fawning over him with an admiration and servility that betrayed their sense of exasperation at being long shunned by the West. They saw him as a glittering American Prometheus who might just be gullible enough to take the fire of Russian disinformation back home. It was not the first

Gavin Mortimer

Taylor Swift can’t save the EU

The EU hopes that Taylor Swift and other pop starlets will come to its rescue in June’s European elections. With pollsters predicting significant gains for the right, Brussels’ ruling elite is preparing to turn to ‘famous artists, actors, athletes and other stars for help’. Their ambition is to persuade these personalities to encourage their young fans to vote in the elections – and to vote for them, the ruling centrist elite. ‘No one can mobilise young people better than young people, that’s how it works,’ said Margaritis Schinas, the EU Commissioner for Promoting the European Way of Life, recently. ‘That works better than commissioners speaking from the press room.’ A generation ago,

Steerpike

Piers Morgan pulls show from TalkTV

Another twist in the ongoing TV wars. After nearly two years of competing with GB News, TalkTV’s biggest star last night dropped a bombshell: Piers Morgan is taking his daily Uncensored show off the terrestrial network to focus on its YouTube channel. The former Mirror editor says that television schedules had become an ‘unnecessary straitjacket’ and that moving online will allow him to conduct longer, more in-depth interviews. Though hopefully in a format more riveting than last night’s Tucker/Putin snoozefest… Speaking to the Times, Morgan said that greater numbers of people were watching his show on YouTube and that ‘you can’t defy audiences or tell them how they should be consuming’.