World

Shame on Mugabe’s stooges

Rian Malan is appalled that Zimbabwe has been put in charge of Sustainable Development by the UN — and says it is symptomatic of the way in which Mugabe is indulged by foolish go-gooders from New York to South Africa Johannesburg On the day that Bob Mugabe’s genocidal regime acceded to the chair of the UN’s Commission on Sustainable Development, I found myself in the lovely Cape village of Franschhoek, once a Boer farming town but now more French and precious than Provence. Even as bitter debate broke out in the distant UN, I was checking into a luxurious hostelry and trimming my nostril hairs in preparation for meeting such

The Grammar School row

We’ve just posted our editorial which is a strong attack on the Tories for their anti-grammar school stance. Scroll down for further comment on the subject from Matthew d’Ancona and James Forsyth. Update: Iain Martin argues that this might be Cameron’s Clause 4 moment below and David Willetts defends himself on ConservativeHome.

Mary Wakefield

The PM we’ll never have

Well, so long, after not so long to Michael Meacher, a man who was never leader, nor was meant to be. ‘Pleased to’ Meacher was his nickname around here, because he was, invariably, pleased to meet you and pleased to talk at length to you too, which is why it was quite clear that he wasn’t cut out for the top job.  ‘Dear Mary’ he said in his last email to me, ‘you kindly gave some real consideration to the piece I sent you on global trade, and I entirely understand the reasons you turned it down. But I wonder whether I can interest you in another piece…” See? Pleasant,

James Forsyth

Iran’s nuclear breakthrough

Do read this alarming story from the New York Times about Iran’s nuclear programme and their new found ability to “enrich uranium on a far larger scale than before.” This quote from an anonymous diplomat pithily sums up the situation we find ourselves in: “The key decision you have to make right now,” the diplomat said, “is that if you don’t want the breakout scenario, you would have to freeze the Iranian program at a laboratory scale. Because if you continue this stalemate, that will bring you, eventually, to a breakout capability.” The Iranian crisis is coming down the tracks fast. Sadly, hoping it will go away or that the

‘It’s a feeding frenzy. There’s so much money’

Judi Bevan meets a top estate agent who thinks only a terrorist bomb can stop the capital’s house prices soaring Peter Rollings is one of those glowingly fit and forceful people who emit an unrelenting positive energy into the air around them. ‘Yes, energy is my big thing,’ he says, enthusiastically. ‘I don’t see the point of being down. Energy is infectious but so is negativity.’ He’s instantly friendly, the sort of chap who can strike up a rapport with anyone from a secretary looking for her first flat to a Russian oligarch wanting a Regency stucco pile in Belgravia. Yet behind the smile, his brown eyes are as hard

Sarkozy gets pranked

Nicolas Sarkozy was taken in by a phone prankster claiming to be the Canadian PM on Sunday night. No damage done, though. Sarkozy said nothing controversial, merely some boiler plate about being a “big fan of Canada and our bilateral relations are excellent.” The line that eventually tipped him off wasn’t exactly subtle: “Since you are a rightist, and I am a conservative and (US) President George W. Bush is too, I would like to invite him to dine with us too. I’ve always dreamed of hosting a dinner of fools.” But what is it about Canadians and hoax phone calls? Remember how the Queen got coaxed into saying something

Debatable Polls

At 9p.m. last Thursday, while over 15 million American households were tuned in to “Grey’s Anatomy” on ABC, 1.7 million were watching the first Republican primary debate on the cable news channel MSNBC. Yet despite these paltry viewing figures (only 2.2m tuned in to the Democratic debate the previous week), the media twitter means that these political beauty-parades have surprisingly big effects on the polls. The latest “Survey USA” poll of likely voters in key early voting state New Hampshire has former Massachusetts governor Mitt Romney at the head of the Republican pack for the first time (with 32%), beating both Rudy Giuliani and John McCain. This is quite a

Sarkozy’s message to France

Truly extraordinary scenes at the Salle Gaveau in the eighth arrondissement of Paris tonight. Shortly after the official exit polls announcing Sarko’s victory, thousands of his supporters sang the Marseillaise, with thousands more joining in from outside. After a long ride through Paris, his Renault Limousine surrounded by least 20 media motorcycles, Sarko arrived at the UMP HQ at about 8:20 local time. He started his victory speech about 10 minutes later; his address lasted about 10 minutes and was followed by another session of the French national anthem, sung by an exuberant and deeply emotional crowd. This is an “exceptional moment in the life of a man”, Sarko said. He

France votes

Anything other than a Nicolas Sarkozy win this evening would be a huge upset. The latest polls show him with a 10 point lead over Ségolène Royal (pictured left). The only crumb of hope for Royal is the high turnout with 75% of voters having already cast their ballots by late afternoon; this might be a sign that Royal’s constant fear-mongering about the consequences of a Sarko victory have got through. However, even with a huge turn-out in the first round Sarkozy still topped the poll by a comfortable margin. How much of the French system Sarkozy will actually change is open to question. His talk of a rupture with

A Parisian interlude

Paris, 1 May Between two rounds of a presidential election, the city seems untypically calm. But from my observatory, two floors above the campaign headquarters of Ségolène Royal, there is a clear view of the frantic efforts underway. I have been staying in this building, with my host, a celebrated surrealist sculptor, on occasional visits for over five years. Until now its chief claim to fame has been that it was here that French Military Intelligence brought the lovely Mata Hari to be questioned in 1917 before she was taken out to be shot on trumped-up charges of espionage. But Ségolène Royal — whose campaign has been founded on the

Election night blogging on Coffee House

Our indefatigable political editor Fraser Nelson will be blogging the election results as they come in. He’s also one of the analysts on tonight’s BBC election special. So check back in through the night for Fraser’s thoughts and tips.

Tamzin on the trail

Greetings from Sheffield where yours truly has been put in charge of The Tory Revival In Our Great Northern Cities! Was feeling a bit down about things yesterday after a number of rather indiscreet comments from voters at the Meadowhall shopping centre about where I should put my lovely green leaflets but today things are looking up! Rang in for conference call this morning and our northern supremo Mr Bridges said it looks like we are going to win a council seat in Manchester! Mr Pickles has worked it all out. Everyone still a bit nervous because Mr Pickles has predicted wacky things before. Like the time he said we

The island state that wishes it could be towed to less murky waters

Singapore’s property market is roaring. I know that because our lease will soon expire and our landlady wants 70 per cent more rent than she did in 2004. No matter that our flat leaks like Blair’s Cabinet and that its 1970s-wired electricity trips at least once a week: these are details too far for our poco­curante proprietrix. But she has noticed that a private banker from Tokyo has signed, sight unseen, for a same-sized unimproved flat downstairs at 150 per cent more than the vacating lessee. It’s all very puzzling: there’s no textbook rationale to the real-estate boom. The economy is growing at an unremarkable-for-Asia 6 per cent, much the

No more Pax Americana

David Selbourne says that George Bush is losing the war in Iraq as surely  as George III lost the war against the American colonists — and that  the US imperium has entered on its decline after only six decades With both houses of the US Congress set to maintain their challenge to President Bush’s conduct of the conflict in Iraq — and being accused in turn of ‘meddling in military strategy’ and of wanting to ‘set a date for surrender’ — America’s problems in its so-called ‘war on terror’ are deepening. In the gathering disorder, the recent visit to Damascus of Nancy Pelosi, the new Speaker of the House of Representatives, a visit carried out

Meeting Eileen Atkins

Dame Eileen Atkins is adamant that she is a horrible person. ‘My mother looked at me as if she had hatched a snake, but then I could be vile to her and to my family,’ the actress says. ‘My parents were angry people, frustrated with their lot in life, and I inherited their anger. I’ve always put my career before everyone and I have been very selfish. I think it’s a good thing I never had any children as I would almost certainly have passed on my anger to them. I’d have been a terrible mother.’ Everybody seems to love and revere Dame Eileen except, alas, Dame Eileen herself. I

How to avoid the Shanghai surprise

When China sneezed on 27 February, the whole world caught cold. Within a few hours the Shanghai composite index plunged 8.8 per cent, its biggest one-day fall since February 1997, causing Hong Kong’s markets to shiver. The contagion quickly spread to Japan, Korea, Australia and India. Before the day was out, leading stocks in Europe and then in the United States had joined the sick list. Shanghai’s unwelcome surprise was a new development in global markets more commonly shaken by American ailments — and it has served only to raise the level of unease many investors already felt about buying Chinese stocks directly. After all, the Shanghai and Shenzhen markets

War has already been declared in Iran — between Coca-Cola and the theocrats

The Shah is Dead. Long live the Shah — and I don’t mean Reza Pahlavi, the 45-year-old pretender to his late father’s Peacock Throne, whom many in Washington would like to install atop this most vexatious nation. The way things are going nuclear-wise, he may have a chance. But almost three decades after Khomeini’s revolution, the monarch who matters among Tehran’s business elite is the ‘Shah of Pistachios’, Akbar Hashemi Rafsanjani. Iran’s once and perhaps future president is widely believed to be the country’s richest man: his family’s writ runs to airlines, caviar, oil, mining, automobiles, property and agriculture, which pretty much covers the entire economy. There’s supposedly billions stashed

Money really can grow on trees

With the endless talk about private equity these days you could be forgiven for thinking it must be the only sensible investment out there. Not so. In fact some of private equity’s biggest players (think Guy Hands) have recently been putting their money into something much more prosaic — trees. Until a few years ago, British forestry was usually seen as just another way for the market to separate fools from their money: timber prices had been in freefall for years thanks to cheap imports from Scandinavia and Eastern Europe and a fall in domestic processing capacity. They have been recovering slowly (up 13 per cent in the last three

It ain’t half hot in Mumbai

Elliot Wilson explains how to navigate India’s rigid investment rules and buy into a dazzling growth story Sweat was pouring off the commodities broker sitting next to me in the sauna of the Taj Mahal Hotel in Mumbai. ‘India is shining,’ he thundered. ‘You must invest in it — everyone in England must. The economy will always go up; it will never come down. We’re on top in information technology, in financial services, in infrastructure.’ Was he just overheating — India’s infrastructure, after all, is indisputably among the worst in Asia — or offering a fair assessment of one of the world’s great emerging economies? Certainly India’s economy has begun

A rollercoaster ride with the Caucasian billionaire

In his annual meeting with foreign journalists in January, President Putin enthused over his country’s record on initial public offerings: ‘Without any doubt, 2006 can be called the year of IPOs, because it was the first time that Russian companies carried out … IPOs worth dozens of billions of dollars on international and Russian exchanges…. And this is just the beginning.’ Indeed, this year’s schedule for Russian IPOs is even more packed, as companies rush to issue before the presidential elections next year. Analysts estimate Russian companies will attempt to raise as much as $25 billion this year, well ahead of last year’s total of $15 billion. Sberbank, the country’s