Provence, in the south of France, does not get any worse. During a week's break at my rented retreat recently, I thought once again of how God smiled on the French and the Romans were quick to get the message.
This is not knowledge confined to this side of the Atlantic either. American tourism in Provence was rising fast until first, Sept. 11 and second, French opposition to the war in Iraq -- which has looked more and more well-founded as the months have gone by -- took its toll. But neither has prevented arch US hawk on Iraq Richard Perle from enjoying the comforts of his villa last summer in ... well, in Provence, as a matter of fact.
But there is always a cloud on the horizon, and in Provence it is the strong showing of the far-right and anti-immigration National Front. It was therefore some consolation to find that opinion polls in advance of the coming regional elections did not show much change in the proportion of National Front supporters from last year -- indeed a slight decrease. And the running story last week in La Provence was that Jean-Marie Le Pen, the grand (if that is the word) old man of the French National Front was being disqualified from registration as a candidate in the forthcoming regional elections because he did not personally own property there, his base in Nice being the property of his Party.
Any sense of hope one felt about this however was soon dented on return to London, where the tabloid press was in a state of hysteria about the putative threat of mass immigration from eastern Europe, and calling upon the Blair government for tough measures. There is no underestimating the depths to which the right-wing tabloid press in the UK will sink in order to increase circulation by stirring up racial hatred. They are especially good at suggesting that there is a world out there waiting to invade Britain and take advantage of its welfare state.
Racial hatred
Unfortunately, on this occasion they have been joined by David Goodhart, the widely-respected editor of the prestigious, liberal intellectual monthly Prospect. The last thing Goodhart wishes to do is to stir up racial hatred, but in claiming that there is a conflict in modern democracies between the "solidarity" a nation needs and the "diversity" of multiculturalism, he has given ammunition to the prejudices of the tabloids at a sensitive time.
Personally, I think he has raised a false dichotomy, and I am not much impressed by woolly statements such as "the progressive centre needs to ... develop a new language in which to address the anxieties, one that transcends the thin and the abstract language of universal rights on the one hand, and the defensive, nativist language of group identity on the other." Watch this space ...
Goodhart and others seem to be concerned about the prospect of a big inflow of east European workers after the enlargement of the EU in May. The amazing thing about this is that although enlargement has been in the cards for years, and long been a goal of successive British Conservative and Labour governments, it seems to have taken the British press by surprise. All the surveys suggest that forecasts of large inflows of migrant labor have been much exaggerated. Moreover it has, in any case, been UK government policy for several years to encourage "economic migrants" to fill job vacancies in the UK health service, the British building trades and catering and other services. This all makes perfect economic sense.
There is something absurd and inconsistent about the recently prevailing economic philosophy which states that free movement of capital is fine, but free movement of labor is not. People tend to migrate either out of desperation or a sense of adventure (in which latter case the migration is often temporary). A decent society should welcome economic migrants and asylum seekers. Indeed, many societies which consider themselves decent are comprised to a remarkable extent of the descendants of economic migrants and asylum seekers.
The conflict in the Middle East has been disrupting financial markets, raising concerns about rising inflationary pressures and global economic growth. One market that some investors are particularly worried about has not been heavily covered in the news: the private credit market. Even before the joint US-Israeli attacks on Iran on Feb. 28, global capital markets had faced growing structural pressure — the deteriorating funding conditions in the private credit market. The private credit market is where companies borrow funds directly from nonbank financial institutions such as asset management companies, insurance companies and private lending platforms. Its popularity has risen since
The Donald Trump administration’s approach to China broadly, and to cross-Strait relations in particular, remains a conundrum. The 2025 US National Security Strategy prioritized the defense of Taiwan in a way that surprised some observers of the Trump administration: “Deterring a conflict over Taiwan, ideally by preserving military overmatch, is a priority.” Two months later, Taiwan went entirely unmentioned in the US National Defense Strategy, as did military overmatch vis-a-vis China, giving renewed cause for concern. How to interpret these varying statements remains an open question. In both documents, the Indo-Pacific is listed as a second priority behind homeland defense and
Every analyst watching Iran’s succession crisis is asking who would replace supreme leader Ayatollah Ali Khamenei. Yet, the real question is whether China has learned enough from the Persian Gulf to survive a war over Taiwan. Beijing purchases roughly 90 percent of Iran’s exported crude — some 1.61 million barrels per day last year — and holds a US$400 billion, 25-year cooperation agreement binding it to Tehran’s stability. However, this is not simply the story of a patron protecting an investment. China has spent years engineering a sanctions-evasion architecture that was never really about Iran — it was about Taiwan. The
In an op-ed published in Foreign Affairs on Tuesday, Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) said that Taiwan should not have to choose between aligning with Beijing or Washington, and advocated for cooperation with Beijing under the so-called “1992 consensus” as a form of “strategic ambiguity.” However, Cheng has either misunderstood the geopolitical reality and chosen appeasement, or is trying to fool an international audience with her doublespeak; nonetheless, it risks sending the wrong message to Taiwan’s democratic allies and partners. Cheng stressed that “Taiwan does not have to choose,” as while Beijing and Washington compete, Taiwan is strongest when
RSS