One of the architects of the euro, Jacques Delors, says it was flawed from the start, as his plans for economic co-ordination were never followed.
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Delors: Euro flawed from launch
KABUL — As they mourned the slain Afghan leader who had been tasked with reconciling with the Taliban, close friends and associates of Burhanuddin Rabbani expressed anger and hopelessness Wednesday about peace talks they say were doomed from the start. “We cannot continue to have wishful thinking,” former presidential candidate Abdullah Abdullah, who was close to Rabbani, said as he drove to the former president’s house to pay his last respects. “We must deal with them forcefully.” Read full article > >
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After Afghan slaying, a sense of helplessness
REP. MICHELE BACHMANN (R-Minn.) used to work as a lawyer for the Internal Revenue Service. Now she’s running for president and discovering, apparently, that not everyone loves the IRS. So this week she came up with a novel explanation for the principal job she’s held outside of elected office. “I went to work in that system because the first rule of war is ‘know your enemy,’ ” Ms. Bachmann told a crowd in South Carolina on Thursday. As Post blogger Greg Sargent pointed out , this was a change from the explanation that Ms. Bachmann normally offers for her résumé. In the past, she has said that her four years as an attorney representing the IRS gave her insights into the tax code and why it must be reformed. The notion that from the start she was infiltrating a system she considered to be “the enemy” seems to be a new spin. Read full article > >
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Michele Bachmann’s ‘war’ on the IRS
Scottish Power is to raise the cost of gas by 19% and the cost of electricity by 10% from the start of August.
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Scottish Power hikes energy bills
From the start (political orders in Brussels) to the finish (striking targets in Tripoli), there is nothing simple about NATO’s nightly bombing campaign.
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Daunting Task for NATO in Libya as Strikes Intensify
Investment advisers must hold accreditation in order to operate in the UK from the start of 2013, the City watchdog says.
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Regulation for financial advisers
Cycling clothes get dandy in a collaboration joining two renowned British clothiers by Summer Seventysix Yesterday we got a sneak peek at the latest from Rapha , the British makers high-end cycle clothing. It featured pieces from the upcoming AW10 range and a much anticipated collaboration with Paul Smith, on show at Rapha’s soon-to-close pop-up cafe in Clerkenwell. Our man on the ground picked his favourites. Following the successful release of a line of accessories , the Paul Smith clothing tie-up is for the next two seasons, and the man’s signature color purple was very much in evidence combined with Rapha’s own pink flourishes, and a decent dose of black. The stand-out examples can be seen above: a mid-weight merino jersey, flamboyant polkadot silk scarf and a beautifully cut rain jacket, all designed to fit in with Rapha’s move to provide more options for the city cyclist. With that in mind, the brand also unveiled its new jeans, which have been two years in the making. Made of a specially developed water-repellant, shape-maintaining, denim-style fabric, they include a place to hold your D-lock. Once turned-up, they also reveal a none-too-subtle Rapha logo, and reflective pink seam. Our favourite piece from the new Autumn-Winter season, though, is the new merino cyclocross jersey. Rapha recently hooked up with bike brand Focus to sponsor a cyclocross team in the US, and this jersey features their signature candy-stripe color scheme on black background. Also available is a full bodysuit, for those feeling particularly brave. All the new gear is expected to start appearing on Rapha’s site from the start of September, as well as in selected stores.
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Rapha x Paul Smith A/W 2010
