By John Thornhill in Cernobbio
Fresh from his appearance in the glossy pages of Paris Match as a model of militant chic, Yanis Varoufakis pitched up at the luxurious lakeside Villa D’Este this weekend to spread his gospel of radical reform to Italy’s capitalists. Read more
It has been 15 years since Jeb Bush has been in New Hampshire for a political campaign – and then it was for his brother.
As he makes his first swing through the “Granite State” for a series of events this weekend ahead of the expected announcement of his own candidacy for the presidency, Mr Bush had a message for voters in the crucial early primary state: I’m a grown-up. Read more
Israel’s knife edge general election
Isaac Herzog’s centre left Zionist Union has overtaken Prime Minister Benjamin Netanyahu’s Likud party in the polls, signalling that Israel’s electorate, which appeared to be veering ever more to the right in recent years with security concerns taking priority, are tilting to the left on the back of economic concerns.
By Jennifer Thompson
Singaporean executives were the highest paid in Asia last year, while the Hong Kong-China pay gap narrowed.
Base salaries for executives in 2014 were highest in Singapore, with an average base bay of $586,000 a year – compared to $445,000 a year in Hong Kong, according to a report on global pay by consultancy Towers Watson. Read more
Remarks by the president of Chechnya have sparked theories that Boris Nemtsov, the assassinated Russian opposition politician, fell victim to infighting in an opaque regime
Policy makers in some of the world’s largest economies have devalued their currencies in a bid to boost export-led recoveries, but there is evidence lower exchange rates do not always work
An unprecedented environmental protest movement in a remote part of Algeria has disrupted the country’s multibillion-dollar shale programme, and is making political waves across the region
Four years after a nuclear disaster, Fukushima’s farmers are struggling to sell their produce despite decontamination efforts as the region tries to stand on its own two feet (WSJ)
Win or lose in Tikrit, Isis can only be defeated in Iraq by the Sunnis, writes Hassan Hassan (The Guardian) Read more
There cannot be many legislatures in Europe where the largest political party and the second largest party are rivals, yet vote the same way 80 per cent of the time. Since last May’s European Parliament elections, the EU assembly has turned into just such a place.
What does this say about European democracy? I have some thoughts on that – but, first, the facts. Read more
By Gideon Rachman
Just before Alexis Tsipras was elected Greek prime minister in January, he made a vow to the voters: “On Monday national humiliation will be over. We will finish with orders from abroad.”
China’s leaders are looking to the internet to offset sagging economic growth.
At the annual meeting on Thursday of the National People’s Congress, China’s legislature, internet and ecommerce merited a dozen mentions, culminating in Prime Minister Li Keqiang announcing an “internet-plus action plan”.
That, he promised, would “integrate the mobile internet, cloud computing, big data and the internet of things with modern manufacturing, to encourage the healthy development of ecommerce, industrial networks, and internet banking, and to guide internet based companies to increase their presence in the international market”.
When Mario Draghi gives his press conference, investors will be focusing on the details of the European Central Bank’s bond-buying programme. The purchases could eventually amount to about €850bn-worth of government bonds and the ECB is also likely to purchase just over €100bn-worth of bonds issued by eurozone institutions.
Mr Draghi will also be questioned extensively on the Greek bailout extension. By Ralph Atkins and Lindsay Whipp
Who killed Boris Nemtsov?
Gideon Rachman is joined by Kathrin Hille and John Thornhill to discuss the murder of Russian opposition activist Boris Nemtsov. How has his death been handled by the Kremlin and the Russian media and to what extent is the prevailing atmosphere of war psychosis to blame?
Benjamin Netanyahu is making his third appearance before a joint meeting of the US Congress on Tuesday morning in Washington.
In what is set to be a very controversial speech, he is expected to highlight what the Israeli leader insists are the risks of a nuclear deal with Iran
By Mark Odell and Sam Jones, Defence and Security Editor, and Siona Jenkins, Middle East and Africa news editor
When Benjamin Netanyahu rises to speak in Congress later on Tuesday he will become the first foreign leader since Winston Churchill to speak before Congress three times. John Boehner, the Republican speaker of the House, apparently intends to mark the occasion by presenting the Israeli prime minister, with a bust of Churchill.
Mr Netanyahu is probably vain enough to think that the comparison is appropriate. The Israeli prime minister believes that, like Churchill in the 1930s, he is a voice in the wilderness warning a complacent world against a “gathering storm” – in this case, an ambitious Iran that is intent on acquiring nuclear weapons.
But all politicians should be wary of comparing themselves with Churchill. George W Bush was also presented with a bust of Churchill, by the British government, which he kept in the Oval Office during the Iraq war. That didn’t work out too well. Beyond the threat of vainglorious self-delusion, the Netanyahu-Churchill comparison is dangerous for the Israeli leader himself, for a couple of reasons. Read more
By Gideon Rachman
When a government starts murdering its critics in the streets, it has crossed the line into barbarism. President Vladimir Putin of Russia is fond of accusing the administration in Ukraine of fascism. But it is the aggressive, self-pitying nationalism whipped up by Mr Putin — allied to the persecution and now murder of his domestic opponents — that is truly reminiscent of the politics of Russia and Germany in the 1930s.
Despite a collective show of mourning for the assassinated opposition politician Boris Nemtsov, the prospects for Russia’s anti-Putin movement remain bleak
In one of his last interviews days before he was murdered, Boris Nemtsov told the FT that Russia had become a “country of war, of humiliated, hypnotised people” and that Putin had “brought Nazism into politics”
The egregious anomaly of the non-dom status, where the wealthiest enjoy the privilege of UK residency without paying their fair dues to the exchequer, should be scrapped, says the FT
Anatomy of a Killing: How Shaimaa al-Sabbagh Was Shot Dead at a Cairo Protest (Vice News)
‘Jihadi John’: a graduate of my radical London university, a place where extremism can fester and Islamist views were prevalent (Washington Post) Read more
Just as talks between Iran and world powers to nail down a deal restricting Tehran’s nuclear programme enter a decisive phase, the Islamic Republic last week put on a show. The Islamic Revolutionary Guard Corps (IRGC) placed a mock-up of a US aircraft carrier in the Strait of Hormuz at the entrance to the Gulf, and then blew it out of the water. For the IRGC, praetorian guard of the Shia theocracy, it would not do to show flabby muscle tone at this juncture, to the US or its Gulf Arab neighbours.
In Washington, meanwhile, another form of triumphalism is on display. Benjamin Netanyahu, prime minister of Israel, is tomorrow due to address the US Congress – at the invitation of its Republican leadership – and is expected to say that the nuclear deal under discussion amounts to capitulation to Iran and will allow it to build an atomic bomb. As well as a brazen electoral stunt before Israel goes to the polls on March 17, this is a calculated snub to President Barack Obama. Mr Netanyahu is flaunting his ability to go around the White House to Congress, where ordinarily he enjoys the near unanimous support he could only dream of in the Knesset at home. Read more
The stable of fictitious beasts from Greek mythology acquired a new inmate this week, unveiled in the letter from the Syriza government proposing economic reforms to keep the country’s bailout going. Yanis Varoufakis, the finance minister, has bravely set off in search of that wondrous creature: “EU best practice across the range of labour market legislation”.
Presidential poll puts Nigeria to the test
Nigeria’s presidential election next month is the closest contest since the end of military rule in 1999 and is taking place against a worrying backdrop of civil conflict and economic trouble. Gideon Rachman is joined by Tom Burgis and William Wallis to discuss whether the country can hold together.
Opposition candidate Mohammadu Buhari at a campaign rally in the northern city of Maiduguri Getty.
The postponement of Nigeria’s presidential elections on security grounds has flushed into the open scenarios reminiscent of the dark days when the country’s democratic aspirations were stifled by a military cabal. The polls will take place against a backdrop of regional and ethnic tensions, with the ruling Peoples Democratic party up against a well organised opposition. A free and fair vote could lead to the country’s first constitutional transfer of power, an event that, if handled peacefully, would not only further Nigeria’s political evolution, but provide a fillip to democracy across the continent. Read more