Climate Change “Will Turn African Savannah Into Forest

A new study published in peer reviewed Nature Magazine, by a German university research team reveals that large swathes of Africa’s savannahs will become forests by the end of the century. Apparently atmospheric shifts and changes to the continent’s climate will see tree cover increase as critical levels of carbon dioxide are reached. Not only will this result in Africa becoming immersed in thousands of acres of beautiful oxygen-replenishing forests, the scientists believe the change will be gradual, meaning that there is no dangerous shock to the earth’s system. Dr Steve Higgins of Goethe University described the findings as “reassuring”. Carbon emissions are not all about melting icecaps…

Sons of Brown Defend Time in Office

There is a right old bunfight going on in the Chamber between Osborne and Balls over the LIBOR scandal. Guido noticed that defending the Brown era of financial regulation on the Opposition front bench were; Brown’s former SpAd Ed Miliband, Brown’s closest aide and henchman Ed Balls, as well as Chris Leslie, Brown’s (uncontested) leadership campaign manager. The government always wants to remind everyone that the people who were in charge of banking regulation when the scandals and collapses happened are still around. Leading the Labour Party…

UPDATE: Osborne has just said the same thing:

Guidogram Going Out Shortly

The Guidogram round-up of the week is going out shortly.

Thousands of Westminster insiders read the Guidogram, everyone from Downing Street insiders to Fleet Street never miss it. This week saw several key twists and turns in the Barclays scandal and important progress for the campaign against taxpayer-funded Pilgrims, while Guido found a new hero from an unlikely source. It’s been a week to remember.

Join the conspiracy and become a subscriber to the Guidogram, free, to keep in the loop. You’re either in front of Guido, or behind…

Lord Ashcroft blogs

“ConservativeHome is of course strictly neutral and impartial, as I am sure all its readers would attest.”

Bank of England Still Artificially Lowballing Interest Rates

This morning the Bank of England’s Monetary Policy Committee will meet and in all likelihood order another £50 billion of Quantitative Easing, or money printing. This will again be used to buy government bonds, artifically holding down long term interest rates. This deliberate policy is approved by George Osborne and allows the Treasury to finance government over-spending via sales of government gilts to the Bank of England. It robs the old of the value of their savings and the young who will have to finance the future taxation which the government has effectively deferred.

This monetary experiment will have totalled some £375 billion, it is unprecedented in scale and there is no clear exit strategy to unwind QE. The Bank of England’s balance sheet is now loaded up with gilts that were not sold in the open market, holding down interest rates and allowing George Osborne to point to the bond market and claim the UK is a safe haven. In reality we have an artificial bubble in the bond markets that could pop disastrously if confidence was lost. If it goes wrong, we will look back on QE as the biggest rate-fixing scandal of all time.



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Charles Clarke says Cameron is the most successful PM for over a century…

“Under Margaret Thatcher the Conservatives gained 99 seats. They lost 211 under John Major, gained one under William Hague, quickly and wisely got rid of Ian Duncan-Smith, gained 32 under Michael Howard and have so far gained 133 under David Cameron who, to the great surprise of many (including senior Conservatives), has turned out to be the most electorally successful Tory leader since 1900.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

ENVIRONMENT MAYOR TOTTY WATCH: BRAZIL EDITION ENVIRONMENT MAYOR TOTTY WATCH: BRAZIL EDITION
HAIN GRAVY TRAIN HYPOCRISY HAIN GRAVY TRAIN HYPOCRISY
MONBIOT SKINS & COOKS SQUIRREL ON NEWSNIGHT MONBIOT SKINS & COOKS SQUIRREL ON NEWSNIGHT
DAVE’S CARBON BAGGAGE DAVE’S CARBON BAGGAGE
Daylight Robbery: Met Chain Themselves to £216 Billion 10 Year IT Contract Daylight Robbery: Met Chain Themselves to £216 Billion 10 Year IT Contract
Trumps Hair: Toupee or Not Toupee? Trumps Hair: Toupee or Not Toupee?

BURNHAM BLOWS DOG WHISTLE LINE BURNHAM BLOWS DOG WHISTLE LINE
DCMS FUN POLICE CALLED OFF THE CASE DCMS FUN POLICE CALLED OFF THE CASE
NEW PEERAGES LIST IN FULL NEW PEERAGES LIST IN FULL
WELSH FIRST MINISTER CONDEMNS STEEL WORKERS WELSH FIRST MINISTER CONDEMNS STEEL WORKERS
MOAT CLEANING EXPENSES SCANDAL MP AWARDED PEERAGE MOAT CLEANING EXPENSES SCANDAL MP AWARDED PEERAGE
CHICKEN TORIES CHICKEN TORIES
1 IN 5 CORBYN SUPPORTERS VOTED FOR CLEGG 1 IN 5 CORBYN SUPPORTERS VOTED FOR CLEGG
CORBYN ESCAPES #LABOURPURGE CORBYN ESCAPES #LABOURPURGE
VOICE OF AN OIL DRILL VOICE OF AN OIL DRILL
Wind Turbines: Subsidised Sun Beds Wind Turbines: Subsidised Sun Beds
FLASHBACK: EVERY DAY SEXUAL SEGREGATION FLASHBACK: EVERY DAY SEXUAL SEGREGATION
Control the Camera on this 360° Crossrail Video Control the Camera on this 360° Crossrail Video
Flashback: Labour Leader Vote Hijack, Could Rivals Do a Balotelli? Flashback: Labour Leader Vote Hijack, Could Rivals Do a Balotelli?
Andy Burnham Everyday Sexism Andy Burnham Everyday Sexism
Burnham Threatens to Quit Corbyn’s Shadow Cabinet Burnham Threatens to Quit Corbyn’s Shadow Cabinet
GORDON DOOMS YVETTE (?) GORDON DOOMS YVETTE (?)
MPs’ Deleted Tweets Twitter Don’t Want You to See MPs’ Deleted Tweets Twitter Don’t Want You to See
Corbyn: ‘I Don’t Support Putin, But…’ Corbyn: ‘I Don’t Support Putin, But…’
Foreign cash funding In campaign should be illegal Foreign cash funding In campaign should be illegal
Corbyn v Train Jihadi Corbyn v Train Jihadi
JEREMY CORBYN EQUATES ISIS TO US MILITARY JEREMY CORBYN EQUATES ISIS TO US MILITARY
MILIBAND’S TRIBUTE BEARD MILIBAND’S TRIBUTE BEARD
CORBYN AT PMQS CORBYN AT PMQS
JEREMY CORBYN’S SENSIBLE JUMPER ADVICE JEREMY CORBYN’S SENSIBLE JUMPER ADVICE