Day: 13 June 2014

We are now watching the final outcome of the post WWI settlement, when France and Britain divided the spoils of the defeated Ottoman Empire. They drew lines on a map and created two counties, one a republic, Syria, and one a monarchy, Iraq. The boundaries of these countries, within which some of the world’s oldest […]

Last night’s speeches at the Mansion House were refreshing in that George Osborne, who had remained indifferent from the carefully calibrated warnings from the previous governor, Sir Mervyn, now Lord, King about various aspects of the economy, woke up at last to the dangers of house prices and a debt fueled recovery. Mark Carney warned of […]