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The op-ed by Henry Kissinger and George Shultz (International Herald Tribune, 30 September) is worth a careful read. I do not share Kissinger’s balance of power view of the world but this is not the theme. They favour a rapid evolution toward EU membership for Ukraine, questioning the urgency with which NATO membership of Georgia… » read more

Posted by Stanley Crossick

We can all breathe a sigh of relief that the US Administration and Congress have agreed a financial bail-out for the ravaged financial services industry. Whether or not it will succeed remains to be seen, but no deal would have been disastrous. This is so far the greatest of the “unknown unknowns” – a nearly… » read more

Posted by Stanley Crossick

I have for some time wanted to write advocating that Europe re-examine its relationship with the United States. Hitherto I’ve felt unable to do this, because it is not possible to forget that, without US support, Europe would not have been free after WWII. Without US foresight, generosity and encouragement, it is doubtful that the… » read more

Posted by Stanley Crossick

Perhaps my frustration is causing too much repetition of what I write. But I am depressed at our collective failure in Europe to pull ourselves together. Forget for a moment the Lisbon Treaty, instititutional reform, administrative reorgnisation…It is indisputable that that the European Union has helped bring peace, stability and prosperity to Western Europe and… » read more

Posted by Stanley Crossick

Government legislates. Regulators apply the resultant regulation. Financial institutions are expected to comply with the regulations, with particular responsibility falling upon supervisory boards and non-executive directors. The blame game between them resolves nothing and any system has to recognise the greed and moral limitations of human nature. What needs further examination, however, is the relationship… » read more

Posted by Stanley Crossick

The United States is apparently continuing to fight the Taliban on Pakistani soil without government approval. Wasn’t that once an act of war? Last month, Russia attacked Georgia, rightly giving rise to widespread Western condemnation. Arguments can be proffered as to the difference between the two but both involve illegal territorial interference with national sovereignty,… » read more

Posted by Stanley Crossick