Daily Archives: November 26, 2012

By Gideon Rachman

Anybody might think that Susan Rice is gearing up for a confirmation hearing. Last week, the US ambassador to the UN tweeted: “I condemn today’s cowardly terrorist attack targeting innocents on a Tel Aviv bus.” Yet trawling back through her Twitter feed over the previous week, there is no indication that innocents might be dying anywhere else in the Middle East. The word “Gaza” is noticeable by its absence – although the ambassador did find time to hail America’s Transgender Day of Remembrance.

Alan Beattie

Mark Carney (Getty)If anyone should understand the benefits of open markets, it is a central bank. The Canadian Mark Carney’s appointment as Bank of England governor (unexpected, mainly because he had said he wasn’t interested) is a significant step even for a country that has had German, Swedish and Italian national football coaches, a Zimbabwean national cricket coach and various Dutch and German heads of state.

But it is not unprecedented. The Bank of England (more accurately HM Treasury, which makes these appointments) has form in bringing in foreigners. Read more