Boris Compares Russia to Nazi Germany

“I think that sometimes the price of freedom is worth paying and, just remember, it took the democracies in the middle of the last century a long time to recognise that they have to resist tyranny and aggression.

“It was very expensive but what it bought in the end with the defeat of the dictators, particularly of Nazi Germany, it bought decades and decades of stability, a world order that relied on a rules based national system, and that is worth protecting, that is worth defending – that delivers long term prosperity.”

mdi-timer 27 June 2022 @ 12:58 27 Jun 2022 @ 12:58 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Boris Loses Third Election in 12 Hours

While it might have fewer implications for his premiership than Tiverton & Wakefield, Boris’s defeat in removing the Commonwealth Leader Baroness Scotland is no less awkward for him. Going into today it was reported Boris’s team was “optimistic about ousting” the former Blairite cabinet minister, however in the last hour her challenger – the Jamaican foreign minister – lost the contest to Scotland: 27 to 24…

Boris’s opposition to Scotland is nothing new, given the number of scandals she’s presided over. During her time the Commonwealth has racked up more than £600,000 in employment tribunal costs. The Commonwealth’s audit committee has also accused Scotland of “circumventing” competitive tendering rules by awarding a £250,000 commission to a company owned by a fellow Labour peer. In 2016 it was revealed £338,000 had been spent refurbishing her Mayfair apartment, and she’s also had to deny helping a friend from Grenada to secure a knighthood. Valid reasons to get rid, though a third election loss in half-a-day doesn’t look like the result from a slick No. 10 operation…

mdi-timer 24 June 2022 @ 15:47 24 Jun 2022 @ 15:47 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Germany Facing Potential Gas Rationing After Putin Turns Off Taps

Germany is now facing a “gas crisis” and is on the brink of ration supplies after Moscow cut its gas exports through the Nord Stream 1 pipeline by 60%. Speaking this morning, German Economic Minister Robert Habeck declared “gas is a scarce commodity” in the country, and warned that energy prices were about to shoot up even higher following Putin’s decision to turn off the taps “as a weapon against Germany“. Germans have already been advised to conserve as much energy as possible, with Habeck warning “every kilowatt hour helps in this situation”…

Now Berlin has raised the alarm by moving to the second stage of its national gas emergency plan, meaning some coal-fired power plants will be restarted and the government will tighten its monitoring of the energy market. Stage three results in full-on rationing. Habeck claimed rationing “shouldn’t happen“,  although he “couldn’t rule it out“. Who’d have thought being Europe’s biggest buyer of cheap Russian gas would cause so many problems?

mdi-timer 23 June 2022 @ 16:09 23 Jun 2022 @ 16:09 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Rees-Mogg Launches Brexit Freedoms Dashboard

Jacob Rees-Mogg has just unveiled the government’s new, publicly availableBrexit Freedoms Dashboard“, which will allow users to count down and track the government’s reforms to over 2400 pieces of EU legislation still clogging up the UK’s statute books. Watch in real-time as the government cuts through EU red tape, law by law…

The comprehensive table organises the legislation by policy area – of which there are over 300 – and department, allowing the public to keep an eye on the parts of Whitehall still playing by Brussels’ rules. For now, the Department for Environment, Food and Rural Affairs is at the top with 570 retained EU laws…

Announcing the move today, Rees-Mogg said:

“This dashboard is the supply-side reformer’s El Dorado and, naturally, I am pointing to the treasure trove of opportunity this publication represents… Using our new found freedom to address the over 2400 retained EU pieces of legislation on our statute book, Her Majesty’s Government will be able to remove and amend regulation that is not right for the UK.”

The dashboard will soon be followed by the Brexit Freedoms Bill, which will “allow retained EU law to be amended in a more sustainable way and goes with the grain of the British constitution.” Guido’s keeping score…

mdi-timer 22 June 2022 @ 14:45 22 Jun 2022 @ 14:45 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Would You Buy Shares From Alastair Campbell?

The New European is closing a £500,000 funding round at a £5 million valuation. It boasts a number of rich, big name remainer celebrity backers like Lionel Barber (ex-FT) and Mark Thompson (ex-BBC). They reckon the investment will help it make a profit next year after consistently losing hundreds of thousands a year. Guido is not convinced this will be a profitable investment.

It seems fashionable for rich remainers to own their own loss-making publication, the hardline-centrist to soft-left, loss-making media space is well-funded and crowded; Prospect, Tortoise, Byline Times, New Statesman and The New European. They somehow give themselves multi-million valuations and raise investment on the back of it. Would you buy shares in a magazine on the back of a recommendation from Alastair Campbell? It seems “mission” investors will.

Over on the right-of-centre side of the political media, The Spectator booked over £2 million in profits last year, Guido is pleased to say we did well too. Are we doing something wrong consistently making actual profits?

mdi-timer 21 June 2022 @ 16:21 21 Jun 2022 @ 16:21 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
EU Commission Confirms Candidate Status on Ukraine

Ursula von der Leyen has formally confirmed that the EU Commission has approved Ukraine for candidate EU status. Confirmation has been given on the “understanding that the country will carry out a number of important reforms” including on the rule of law, oligarchs, anti-corruption and “fundamental rights”, however the country has implemented around 70% of EU rules, norms and standards. She says “Ukrainians are ready to die for the European perspective. We want them to live with us the European dream.”

The Commission has also recommended candidate status for Moldova, which von der Leyen says is “on a real pro-reform, anti-corruption and European path”, though has a long way to go. Georgia missed out on being awarded the same status…

mdi-timer 17 June 2022 @ 11:45 17 Jun 2022 @ 11:45 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
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