Julian Morris says that aid and ‘climate control’ will make poverty perpetual Nairobi can get quite chilly in July. Barely 50 miles from the equator, its 5,200ft elevation means that night temperatures sometimes drop to 50
All sorts of revealing things have been said in recent days about the survival chances of the euro. Jean-Claude Trichet, president of the European Central Bank, declared that talk of disintegration was ‘complete nonsense’, as crazy as the suggestion that California might break away from the dollar. EU economics commissioner Joaquin Almunia reached for a different comparison, describing the euro as ‘an old-style marriage where divorce does not exist’.