Daily Archives: July 15, 2013

David Gardner

Protesters outside the PP HQ (Getty)

Things are not looking good for Mariano Rajoy, Spain’s prime minister. Luis Bárcenas, the treasurer of his right-wing Partido Popular for 20 years until 2009 who is at the centre of a series of interlinked illegal party financing scandals, was feared to be a ticking bomb. On Monday he started ticking very loudly indeed.

Giving evidence to an investigating judge on an alleged multi-million euro slush fund, Mr Bárcenas confirmed the existence of covert corporate donations and off-the-books cash payments to senior party figures. Leaked photocopies of the former treasurer’s secret accounts were published by the left-liberal El País newspaper on January 31. On July 7, El Mundo, its conservative rival, published a patchy interview with Mr Bárcenas, jailed last month in case he fled the country.

In the interview, Mr Bárcenas for the first time confirmed the existence of the secret ledgers; affirmed that the PP had been financing itself illegally for 20 years; and that the totality of the documents in his possession could bring down the government – a thinly veiled threat presumably aimed at trying to get Mr Rajoy to intervene in the judicial process. Read more

♦ The ‘Vicar of Baghdad’ talks to the FT about dividing his time between the UK and Iraq.
♦ Edward Snowden has managed to stir up “the biggest bout of anti-Americanism since the Iraq war.”
♦ Edward Luce thinks Alan Simpson and Erskine Bowles are wrong about US debt – “At 4 percentage points of GDP, the salient worry is whether it is falling too rapidly.”
♦ China’s government may be less fixated on GDP targets, but it still needs to sustain confidence in the economy.
♦ Chairman Mao banned golf in China as a bourgeois frippery and China’s first golf course is younger than Tiger Woods, but the game is catching on fast – Chinese wunderkinds are being incubated and some are infiltrating the game at the highest levels.
♦ A new language has been discovered – Warlpiri rampaku is spoken only by people under the age of 35 in Lajamanu, an isolated village in northern Australia.
♦ Charles Pierce pens his furious response to the verdict over Trayvon Martin’s death: “Of course, black kids can’t win fights without getting shot through the chest. They are supposed to act very politely, speak when spoken to and, maybe, just get off the sidewalk when they come in contact with people like George Zimmerman”. Read more