What’s It All About Alfie?

Well I suppose it’s better to end the week on a bang rather than a whimper, so here I go with another of those posts. What really ended the week on a high note (or should I say a low one) was the US labour market. And since I am arguing that the euro-dollar parity is being driven at the moment by US labour market data, this news can only mean one thing: more upward pressure on the euro. Which makes me only want to re-iterate, and even more strongly, that an important opportunity was wasted yesterday to take some remedial action by lowering the interest rate. Remedial action which would also have supplied a much needed lifeline to Germany’s beleagured economy. But this, like so many things, was not to be.
Continue reading

At least no one can accuse me of being knee-jerk pro-French

My goodness, talking about the headscarf law has brought up some interesting discussion on the blogs. It appears that my mistake was to think that this was ever about improving the lives of Muslim girls. From the responses there is one thing that is clear – this law is about legislating conformity.

For example, from Lilli Marleen:

So who is wetting their pants about what French do in their schools and Germany – hopefully – will do soon after? The girls can go to school, all they have to do is to behave like anyone else.

I’m sure that will make a stirring addition to the EU constitution: You have the right to be just like everyone else, especially if you’re under age. Any failure to take advantage of this right will be punished in the law. It is exactly this sentiment that leads people to think xenophobia towards non-Europeans is a deep seated problem.
Continue reading

A fistful of Euro[s]?

Michael Everson is one of the more interesting characters in my strange little branch of human knowledge. I’ve never met him, but I’m pretty sure we have some mutual acquaintences on various standards committees. He is one of the people behind the Unicode character encoding standard and has been particularly instrumental in getting a number of smaller and more out-of-the-way characters and scripts into the Unicode standard.

He has also been especially vocal in bringing linguistic issues to bear on the European common currency, the most nagging of which is: What is the correct plural of “euro”?
Continue reading