The journalist Michael Kinsley defines ‘gaffe’ as that which occurs when a politician accidentally tells the truth. Reacting to the latest bad news coming out of Afghanistan — an American soldier in the Panjwai district of Kandahar province went on a rampage, killing 16 civilians in cold blood — the presidential candidate Newt Gingrich committed
The last hours of the Titanic were a perfect tragedy. No wonder we’re still obsessed What with the centenary coming up next month, it was hard to imagine anything that could make the Titanic loom larger in the popular consciousness. But that was before Julian Fellowes’s new series, to be broadcast this month. It’s the
The outcome of last week’s Monetary Policy Committee meeting came as no surprise, but if you’re trying to live off income generated from capital, it was still bloody irritating. Once again, base rate was left at 0.5 per cent, its lowest level since records began in 1694. Once again, it was decided that quantitative easing
The prudent among us can’t expect much reward from the Budget Three years ago, when the Bank of England embarked on its first £200 billion round of quantitative easing (QE), most of us — including some Bank officials — hadn’t a clue how this relatively untried policy would work. There were dire predictions from monetarist
When pessimism prevails, it’s probably time to buy If one thing puzzles private investors more than anything else, it is the extraordinary capacity of the stock market to move in ways that appear to follow no discernible logic. ‘Profits Up, Shares Tumble’, or even ‘World War Declared, Stocks Rise’: such headlines understandably confuse the uninitiated.
There are four main players in the ongoing, and possibly accelerating, crisis, over Iran and its nuclear programme. There is, of course, the unelected yet ‘supreme’ leader of Iran, Ayatollah Ali Khamenei, who has definitive say over the direction of Iran’s nuclear programme (Iran’s elected — in a fashion — president, the ludicrous Mahmoud Ahmadinejad,
Let’s not waste more millions ‘saving’ Old Masters Last week the National Gallery and National Gallery of Scotland proudly announced that they had jointly raised £45 million to buy Titian’s ‘Diana and Callisto’ from the Duke of Sutherland, thereby ‘saving it for the nation’. A few days before, Turkey’s Ministry of Culture and Tourism announced
Why isn’t the mayor making mincemeat of Ken? Politicians do love their five-point plans, ten-point plans, 12-point plans, don’t they? Most of the points are usually Polyfilla, the political equivalents of ‘Your call is important to us,’ but at least there’s a nice round number involved. Last week, however, with characteristic originality, Boris Johnson unveiled
I’m told that the new production of Dvorˇák’s Rusalka at the Royal Opera House is controversial. There were boos at the first night and reports of audience members walking out in disgust. I too walked out in disgust. Mine, however, had nothing to do with what was happening on stage. It was prompted by the
Zambia’s new, white vice president on understanding Mugabe and standing up to China Lusaka, Zambia Zambia’s new vice president, Dr Guy Scott, sinks into the back seat of his armoured car. Motorbike outriders clear the traffic ahead of us as we glide through the capital. ‘I am enjoying the toys, I must say.’ He means
The Borders could handle a wee bit more love: while no one wants the place to be like the Lake District, a-bustle with elderly couples in brightly coloured clothing, a slight increase in appreciation would be acceptable. Flown over, passed through, not much visited, the Borders (by which is meant the cross-border region comprising Berwickshire,
The government has finally seen through the wind-farm scam – but why did it take them so long? To the nearest whole number, the percentage of the world’s energy that comes from wind turbines today is: zero. Despite the regressive subsidy (pushing pensioners into fuel poverty while improving the wine cellars of grand estates), despite
Sunday will be Russia’s Coronation Day. The emperor is back from his constitutionally imposed four-year break, Dmitri Medvedev, the fill-in, finds his coach turning back into a prime ministerial pumpkin, and Vladimir Putin will be president for another term: only this time it’s been extended to six years. President of Russia till 2018, and he’ll
They learned from us – now we need to learn from them The last time I visited Singapore, I stayed at the charmingly run-down, distinctly colonial Raffles Hotel. I drank a Singapore Sling in the Long Bar, contemplated a well-fed cockroach in my room and fancied myself to be following in the footsteps of Somerset
In a couple of weeks, Alan Bean will turn 80. He’s not planning any special celebration. If he does go out, it will probably be to a local restaurant in Houston, Texas. ‘I’ve eaten barbecue at this restaurant once a week, have done for 15 years,’ he tells me. ‘Nobody there has any idea that
He who would see England’s future should be separated for a while from the better parts of London and sent (literally, not metaphorically) to Coventry. There, amid the hideous and dilapidating buildings of a failed modernism, he will see precincts with half the shops boarded up, where youths in hoodies skateboard all day along the
A very chic lady turned to me at a dinner party recently and in tremulous tones confided that she was being investigated for benefit fraud. ‘Infernal cheek,’ I said. ‘How typical that our chaotic benefits system should make such a stupid mistake. Instead of going after the layabouts, some idiot pen-pusher has put two and
Celebrities have a right to profit from the exploitation of personal information – and so do you Something has been bugging me about the Leveson inquiry, and it’s not a private investigator hired by News International. It’s the pervasive line of defence that you hear when it comes to the invasion of privacy, and with
It has become clear over the last few weeks that we are witnessing the beginning of the end of the coalition. Once, the rows between Tories and Lib Dems used to be about peripheral issues, but they are now about the central planks of government policy. In happier times, disputes used to lead to better
The revolutions sweeping through the Arab lands present Israel with a historic opportunity: to become part of the region in which it is located and to join with pro-democracy forces in forging a new Middle East. So far, however, the Arab Spring has not resonated well at any level of Israeli society. Israel’s leaders have