Day: 22 February 2011

Timothy Geithner made a good point to Evan Davis on the BBC Today programme this morning. Comparing the economic position of the U.S. with that in the U.K., he pointed out that the light touch regulation, which began with Thatcher and continued under Brown, both as Chancellor and PM, sucked banking activity to the U.K. from […]

When the governance of a country implodes, diplomats have to tread with care, not least because it is hard to identify who has power. In Libya Col. Gaddafi is still there, but how much he controls and who accepts his orders is far from clear.  What is clear is that his country is a major […]