Politics

After Scottish Labour compiled a dossier of online abuse by cybernats, Scottish nationalists were quick to respond that supporters of other parties are just as bad. Step forward Jill Stephenson, Professor Emeritus of Modern German History at the University of Edinburgh. The retired academic is in the firing line over tweets she sent ahead of the election calling SNP MP Mhairi Black a ‘foul-mouthed slut’. After the Scottish Herald dug up the tweets over the weekend, the SNP responded with a strongly worded statement against her: ‘As we have repeatedly stated, the online debate in Scottish politics should be respectful at all times – that clearly includes people who oppose the SNP and independence, as this person

The Greek referendum will change nothing. Greek voters already expressed their great dissatisfaction with the bailout packages when they elected Syriza to power in January. The proposition they were asked to vote about now does not exist – and the referendum was just a sham. The bailout agreement that Greece and its creditors battled over for the past half-year is a dead parrot; it has ceased to exist. And yet the referendum result may change everything. It has made it close to impossible for euro governments to aid Greece with more money. While other leaders can backpedal their statements in the past week that the Greek referendum was really about its

If Greece had voted ‘Yes’ to the austerity package proposed by its creditors, then there would have been a round of resignations at the top of Syriza. But this morning, even though the party is celebrating a ‘No’ vote, its finance minister Yanis Varoufakis has resigned. Writing on his blog, he explains that in order for the country to get a good deal that it can accept, he needs to let someone else take over: ‘Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners’, for my… ‘absence’ from its meetings; an idea that the Prime Minister

The polls have just closed in the Greek referendum, and the ‘No’ side seems, currently, to be rather more confident of a victory. The Guardian reports a briefing from the EU Commission that those in favour of rejecting the anti-austerity deal from Greece’s creditors could be 8-10 points ahead, while others claim ‘No’ had a late surge. Syriza members have also been talking about what would happen in the event of a ‘No’ vote, with Yanis Varoufakis saying Greece could do a deal with its lenders in 24 hours. If the country has voted ‘No’, then Grexit is expected, unless the country stays suspended in negotiations for longer. Not only

We learn today that George Osborne will say in his Budget that he’s using the fines he’s collected from bankers to build a memorial to terror victims. I find this juxtaposition rather odd: why link terrorism to banking? Why not just be honest: that any memorial will be funded from the the same tax pool as everything else? But moreover, I do wonder where this memorial will go.  We’re told that the Chancellor will consult with the relatives of the victims before agreeing a location. These memorials do serve a purpose: they become part of the world our ministers operate in; part of their daily lives. Most politicians will know

How much longer should the IMF be run by a European? The job of the fund is to assist any member country which is in trouble, not to advance the dream of European integration. So far, since it all began after the war, the IMF’s managing directors have been Europeans, most commonly French. The current one, Christine Lagarde, is a French former politician, as was her predecessor, the socialist sex-maniac Dominique Strauss-Kahn. In her opinion, the needs of the EU trump everything, but that is a political view, not a financial one. It must be annoying for the scores of poorer, non-European IMF members — e.g. the Philippines, Mexico, Jamaica — to