Election

Does Steve Bannon’s arrest damage Trump’s re-election’s bid?

Oops. Not only did the wall that Donald Trump promised to build never get built, but it turns out that some of his closest former confederates are now accused of deploying the slogan in the interests of building up nothing other than their own fortunes. A grizzled Steve Bannon, Trump’s former campaign adviser, wearing a green Barbour jacket was arrested this morning on charges of fraud by New York federal prosecutors. The contention of the Manhattan prosecutors is that Bannon, who is said to be worth tens of millions, pilfered about £760,000 ($1million) through a private group called ‘We Build the Wall’. The advisory board contains a bevy of conservative all-stars,

The two faces of Polish rebellion

The narrowness of President Andrzej Duda’s victory in this weekend’s Polish presidential elections, where he defeated Rafał Trzaskowski, the Mayor of Warsaw, by less than 2 per cent, was God’s gift to opinion commentators. What with Brexit, Trump et cetera we can write 800-1200 words about a nation being ‘divided’ and ‘polarised’ in our sleep. Why even write different pieces? Just shift the names around and you are golden. The problem with that kind of article is it often obscures national distinctions. In Poland, for example, President Duda’s Law and Justice Party – unlike the Conservatives and the Republicans – is the more redistributionist of the two leading parties. Their

The post-Brexit bounce seems to have stuck, for now

The post-election economic bounce appears to be more than a fluke. Positive news came in waves this week, as data for employment figures, weekly wages and economic activity painted a good picture for newly-Brexited Britain. People are in work and wages are finally back on track. Employment has hit a new record high (76.5 per cent) while unemployment has dropped to a new 44-year low, at 3.8 per cent. Most notably, weekly wages are (finally) back to their pre-financial crash levels ie, the highest since March 2008. And yes, it has taken a very long time get here – it has been the slowest wages recovery in economic history –