Miguel Arias Cañete and Elena Valenciano shake hands (Getty)
On Thursday night, Spanish television broadcast the first and only live debate between Spain’s leading candidates for the European Parliament election. The debate itself provided few rhetorical fireworks and precious little insight, but the morning after was packed with zesty controversy.
Most commentators felt that Miguel Arias Cañete, who heads the list of Spain’s ruling Popular party, came off slightly worse in the head-to-head clash with Elena Valenciano, his Socialist opponent. Unusually for a TV debate between politicians, Mr Arias Cañete decided to read his entire opening and closing statements off a piece of paper. Shuffling his notes around for much of the night, he reverted back to pre-written text on several more occasions. It made for a slightly wooden, disjointed appearance that triggered a flood of mocking tweets and commentary.
Perhaps realising that his performance had made less of an impact than he would have hoped, Mr Arias Cañete gave a television interview on Friday morning that offered up a curious explanation for his lacklustre performance. The problem, apparently, was the fact that he was facing a woman. Read more
If Narendra Modi has as much impact on the real economy as his march to the premiership has had on market sentiment, then things are about to get considerably better for many Indians. Of course, it is not likely to be quite that simple.
In the past three months, during which the so-called “Modi wave” has rolled over virtually every corner of the country, Indian equities have risen nearly 20 per cent. The rupee, which came under speculative attack last summer, has been one of the best-performing emerging market currencies this year. Read more
EU elections – the populists are coming
This week’s podcast explores the rise of Europe’s populist parties, and internal ructions over the election process for José Manuel Barroso’s successor as EU President. Peter Spiegel, Brussels bureau chief, and Tony Barber, Europe editor, join Gideon Rachman to ask whether strong polling for populist parties should be seen more as a threat to their domestic rivals or to the result of next week’s European elections. Also on the agenda is the fear that the disagreement between the European Parliament and heads of state over the process by which the next EU President will be chosen, is exactly the kind of internal standoff that gives eurosceptics justification for disengaging with EU politics