Gideon Rachman

For the past twenty years, I’ve spent every summer in the same village in South-West France. It is a beautiful place which would be a candidate to be a World Heritage Site in many other countries – but is just another rural village in France. The village (which I won’t name, to avoid embarrassing anyone) has also always seemed blessedly immune to the world’s troubles. You could sit in the local cafe and read all about the problems in the wider economy, or political turmoil in Paris - but it all seemed rather abstract, and a long way away.

This year, however, the mood had changed. The economic, social and political problems afflicting the country seemed all too real – even in la France profonde. Read more

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Emily Cadman

The European Central Bank has cut interest rates to a record low, in a fresh attempt to counter the threat of economic stagnation across the eurozone.

The governing council cut its benchmark main refinancing rate from 0.15 per cent to 0.05 per cent and said it would charge lenders 0.2 per cent, up from 0.1 per cent, for their deposits parked at the central bank. Mario Draghi’s press conference is now over.

By Ralph Atkins and Emily Cadman

 

Rising tensions over war in Ukraine
The war in Ukraine, the rising tensions between Russia and the West, Vladimir Putin’s objectives, and how ordinary Russians and Russia’s other neighbouring states see the conflict. Neil Buckley, the FT’s eastern Europe editor and Jack Farchy, Moscow correspondent, join Gideon Rachman.

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Tony Barber

The view from Toompea hill over Tallinn bay and the Old Town of Estonia’s capital is justly considered one of the glories of the Baltic region. Scarcely less memorable is a plaque on the wall of Stenbock House, the 18th-century mansion on Toompea hill which is the official seat of Estonia’s government. Read more

With Scotland to vote on its independence from the UK on September 18, the outcome is no longer looking so certain.

  • The pro-independence side is enjoying a late surge in what heralds a long fortnight for the pro-union camp, writes the FT’s John McDermott
  • In an ironic twist to the campaign, ‘No’ activists are using patriotism against the nationalists in a “bloody fight about emotions”
  • The BBC has been accused of timidly letting SNP leader Alec Salmond “off the hook” in the independence debate
  • Who is right about the future oil riches held by the North Sea, a bitter bone of contention in the independence debate?

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By Gideon Rachman
The people who prepare President Barack Obama’s national security briefing must be wondering what to put at the top of the pile. Should it be the Russian assault on Ukraine, or the advance of the Islamic State of Iraq and the Levant (known as Isis) in Iraq and Syria? And what items should go just below that?

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David Pilling

 

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