Brazil

[audioplayer src=”http://rss.acast.com/viewfrom22/panictimefordavidcameron-/media.mp3″ title=”Lara Prendergast and Louise Bailey, a hair extensions specialist, discuss the hair trade” startat=1622] Listen [/audioplayer]Perhaps you recall the moment in Les Misérables when Fantine chops off all her hair? The destitute young mother sells her long locks, then her teeth (a detail often excluded from child-friendly adaptations) before she is eventually forced into prostitution. It would be nice to think that her experience was no longer a reality, that the business of human hair had gone the way of the guillotine — but the truth is, it’s booming. The modern market for extensions made of real human hair is growing at an incredible rate. In 2013, £42.8

Sorry – bit of an interregnum in the World Cup diary, caused principally by England’s pathetic capitulation. But still the tournament gives pleasure, perhaps to a greater degree than it has done in thirty years or more. Watching Brazil get stuffed on their own midden heap was an enormous pleasure. Their thuggery in the previous round, against Colombia, came back to haunt them; there is karma in football. That’s why Leeds Utd are still in the lower reaches of the Championship.  Germany were magnificent; Brazil gave in after the second goal — but truth be told, they were never terribly good. One thing bothers me, though — at the start

Suspicions that FIFA is an organisation given, occasionally, to a bit of corruption will not have been allayed by the first match of the 2014 World Cup. Brazil won with two goals from a player who should have been sent off, including a penalty which clearly wasn’t a penalty, while Croatia had a perfectly good goal disallowed and were denied a rather more clear cut penalty themselves. Incidentally, I say “Brazil” – and so do ITV. So do FIFA. And so does the OED, Wikipedia and Google. But not the BBC. The BBC says “Brasil”. Of course it does.

In The Wolf of Wall Street, there’s a poignant shot towards the end in which we see an FBI agent going home on the subway. This law enforcement officer — Agent Patrick Denham — will eventually bring about the downfall of Jordan Belfort, the film’s main character, and the fact that he uses public transport is supposed to be evidence of his integrity. He’s an honest, hard-working tax-payer who plays by the rules. I’m not quite sure how it happened, but in the past 25 years I’ve gone from being an international party boy to a kind of FBI agent. Admittedly, I’ve never plumbed the depths of debauchery that Jordan

 São Paolo It was back in 2001 that my good friend Jim O’Neill of Goldman Sachs coined the acronym ‘Bric’, short for Brazil, Russia, India, China. These were the emerging markets that were going to surpass the developed economies. And so they have. Well, nearly. I, too, am partial to a good acronym and it has always seemed to me very unfortunate that there isn’t a matching one for the four biggest established economies. According to the International Monetary Fund, these are currently the United States, Japan, Germany and the United Kingdom (based on last year’s GDP figures). I therefore propose ‘Juugs’. The rise of the Brics and the fall

The long lazy summer is upon us, and as I walk the Swiss hills below the mountain ranges my thoughts are always of the past, the long hot summers of long ago, girls in their pretty dresses, my father in his whites sailing around the Saronic Bay with a ball-and-chain standard flying from his main mast. It meant ‘Wife on board’, which really meant: when I drop anchor in some nearby port, local talent should stay away. Dad was famous, infamous rather, for flying that ensign, because he loved partying with loose women on his boat, and, during the rare occasions my mother would come on board, he didn’t want

Following on from Daniel’s post this morning about a more inward looking America, Daniel Yergin has a very interesting essay in the Washington Post about how the changing balance of the US’s energy supplies are going to change its geo-strategic priorities. Yergin makes the point that by 2020, Canada could be a bigger oil producer than Iran and Brazil could be producing more than half of what Saudi Arabia is currently pumping out. Put these developments together with increased domestic energy production in the States itself and the fact that China is on its way to overtaking the US as the world’s largest oil consumer, and the geo-politics of energy

Several months ago, European leaders went to Copenhagen to save the planet. China, India and Brazil on the other hand went to the climate negotiations in Denmark to showcase the changed distribution of power in the world. Unsurprisingly, the Europeans came home empty-handed, shut out of the key negotiations and powerless despite what was meant to be a standard-setting promise of 20 percent cut in the EU’s greenhouse gas emissions. The US and the rising powers struck a non-binding deal, the value of which is still being determined. Reading today’s cover story in The Times, the lesson the eco-friendly EU Commission seems to have drawn from this experience is that

Shadow Defence Secretary Liam Fox has given an interview to the Sunday Express, where he talks about overcoming a sense of “colonial guilt” bestowed by revisionist historians and the need for a new government to forge defence links with commonwealth nations, such as Australia and New Zealand, but he also cited India and Saudi Arabia. They have a “strong appetite” for closer defence links with the UK, he argues.   Looking at variable defence relationships with countries like India, and non-NATO partners like Australia makes good sense. Nicolas Sarkozy has done the same – and even invited Indian troops to march down the Champs-Élysées last year on Bastille Day. A

In a splurge of activity, William Hague gave both an interview to the FT and another foreign policy speech at RUSI outlining the views of a Conservative government. It was time for an update on Tory thinking, not least because David Cameron’s description of his policy as “liberal conservatism” and his unwillingness to march into a “massive euro bust-up” has had little effect. That is because a struggle over how to engage with the world continues to run beneath the party leader’s message of party unity. Four main schools of diplomatic thought exist in the party: the modern Realists, the Neo-Conservatives, the anti-Europeans (not the same as the Euroskeptics, which