Views of immigration are changing. Back in the mists of time, when I first came to the conclusion that ongoing demographic changes were going to be important, the voices in favour of a reconsideration of immigration policy were few and far between. Perhaps the first and most notable of these voices was the UN population [...]

My out-of-consensus speculation that the Bank of England’s round of interest rate rises may be pretty much done looks sounder by the day. There may be one more rate increase, but it wouldn’t surprise me at all if they were pretty much over with it, and even if the next move (the end of this [...]

Trying to get away from the emotionally traumatising, this article caught my eye. Clearly it relates to my earlier post, and does have a Spanish connection, if only a rather tangential one.
I thoroughly endorse what the Financial Times has to say. We need multilateralism now more than ever. We should not simply think ‘Europe First’, [...]

I have already posted on my own blog about what I see as the surreal consequences which might follow from this wish becoming a reality. If what I think happens next to the Spanish economy really does happen - and I have no doubt whatsoever that the housing bubble will crash one or other of [...]

Germany’s center-right and liberal parties have finally agreed on a candidate for the country’s largely, but not completely, symbolic presidency. Because these parties have been winning elections at the state level over the last few years, they have a working majority in the body that elects the president, even though they are actually in opposition.
(The [...]