Blame Europe’s 70 year holiday from history for the West’s terrible decline May 5, 2014 THE US public has had it with being the world’s policeman. An April 2014 NBC/Wall Street Journal poll found that only 19 per cent wanted America to engage in a more activist foreign policy. Fully 47 per cent wished the US to conduct a less activist policy, a camp that has quadrupled in size over [...]
What the other papers say this morning – 02 May 2014 May 1, 2014 FINANCIAL TIMES Ebay settles DoJ ‘no poach’ probe Ebay is the latest Silicon Valley company to settle with US authorities over allegations it struck illegal agreements with rivals to not hire their employees. The ecommerce company will pay California $3.75m, some of which will go to compensating employees affected by a so-called “no poach” agreement [...]
Ankle operation rules Townsend out of World Cup April 30, 2014 TOTTENHAM winger Andros Townsend will miss this summer’s World Cup after the club confirmed he will undergo an ankle operation today. The 22-year-old suffered the injury during a late cameo appearance in Spurs’ 1-0 win at Stoke at the weekend, though limped through the remainder of the match having been the third and final permitted [...]
There’s a screaming silence about the death of individual responsibility April 30, 2014 A VOCAL lobby is busily advocating the need to rebalance the UK economy. But there is a screaming silence around the question of whether we need to rebalance society. What does this mean? It’s the need to raise the level of social capital – the values and ethical worldview that put individual virtue, freedom, responsibility [...]
What the other papers say this morning – 29 April 2014 April 28, 2014 FINANCIAL TIMES Gold rivals row as merger talks end Merger talks between Barrick Gold and Newmont Mining have collapsed amid sharp criticism from each of the other’s attitude to attempts to combine the world’s two largest producers by output. The mutual recriminations surfaced after the end of advanced discussions that would have reshaped the gold [...]
The great spring clean of luxury furnishings April 24, 2014 High-end interiors firm Carden Cunietti to sell off 20 years’ worth of treasures WANT to get your hands on a lamp destined for the home of an A-lister? Ever wondered what a rock star’s rug would look like? Now’s your chance as Carden Cunietti, an interior design firm to the stars, is offloading two decades’ [...]
The phone-led revolution paving the way to the end of illiteracy April 24, 2014 Illiteracy is a big problem in many of the world’s developing countries. And even if you can read and write, to be able to read regularly, you need access to books and money to pay for those books. In Japan, where 99 per cent of people can read, there is one library for every 47,000 [...]
Shaftesbury announces £135m loan with Canada Life Investments April 22, 2014 West end landlord Shaftesbury has announced a £135m 15-year loan with Canada Life Investments (CLI) and completion of refinancing with Lloyds Banking Group. The loan is set to be repayable in full maturity in May 2029, and has been secured on properties held in a subsidiary company. The deal will have a fixed interest rate [...]
Starbucks will move European base to London April 16, 2014 STARBUCKS’ chief executive described London as the “perfect place to grow our European business”, as the coffee giant announced plans to move its regional headquarters from the Netherlands to London by the end of 2014. “Today, our largest and fastest growing European market is the UK. As the coffee industry has grown, the UK and [...]
Disunited Europe: EU’s jobless rates puts spotlight on two-speed recovery April 15, 2014 THE HUGE gap in economic fortunes between workers in different parts of Europe was laid bare yesterday, as new figures from Brussels showed unemployment rates stretching from 2.6 per cent in parts of Germany to a staggering 36.3 per cent in southern Spain. Jobless rates also vary within the UK, but overall the labour market [...]