David Cameron

James Blitz

(CARL COURT/AFP/Getty Images)

(CARL COURT/AFP/Getty Images)

President François Hollande this week published France’s long awaited strategic defence review, setting out what the French armed forces should be aiming to do in the years ahead. The publication of the document – called the “livre blanc” or “white book” – was an important moment for those following European defence.

In recent years, the US has become increasingly concerned that European states are cutting back on defence spending, leaving the US to do more and more of the heavy lifting in Nato. In 2010, Britain, the biggest defence spender in Europe, slashed expenditure by eight per cent in real terms. The big question was whether France was about to do the same.

The good news for France’s allies is that it isn’t taking what might be called the “Cameron approach.” According to Camille Grand, director of the Paris-based Foundation for Strategic Research, France did debate whether to slash defence spending by 10 per cent. “But the French finance ministry lost that argument, much to relief of the service chiefs,” he says. Read more

 Read more

Martin Wolf

(AP)

The future of the UK in the EU is, of course, already a subject of fierce debate. Everybody can see that the chances of a British departure have increased. The question is by how much.

I was interested to discover from a private conversation with a very senior continental official that his worry is that the rest of the EU really does not need this diversion of attention from its immediate concern, which is the reform of the eurozone.

He referred to two specific risks.

First, he is worried that the very fact that the UK may be on the way out will shake confidence in the future of the eurozone. As he noted, people in Asia or the Americas do not understand the details. They will just regard this British decision as calling into question the vitality of the European project, partly, no doubt, because the UK has deep relations with these parts of the world. Read more

By Jasmine Whitbread, chief executive of Save the Children

David Cameron’s speech yesterday was a source of much speculation, interpretation and voicing of opinions here at Davos, even though delivered in London. This is hardly surprising when so much hangs in the balance, not just for the future of the UK but for Europe too.

A lot is also at stake in the UK prime minister’s next speech, starting soon here. Some 2.3 million children’s lives each year, 20 percent of earning power and up to 3 percent of countries’ GDPs. This is the impact of global malnutrition on today’s children and tomorrow’s workforce.

During the height of Olympic fever last year, Cameron hosted a Hunger Summit where global leaders pledged to reduce the number of children left stunted by malnutrition by 25 million by the next Olympics in 2016. I’m hoping Cameron will keep the momentum going by announcing today a follow-up meeting in advance of the G8. This hidden issue needs the attention of the G8 and G20. Read more

Gideon Rachman

The story of David Cameron’s much-delayed speech on Europe mixes farce with tragedy. The fact that the Algerian terrorist attack has once again delayed the prime minister’s landmark address, must make Cameron wonder whether the whole enterprise is cursed.

The great Europe speech was initially meant to be given before Xmas. It was put off, amidst reports that there were still deep arguments about its contents. Cameron himself attempted to defuse the controversy with a risque joke – likening the extended wait for his speech to Tantric sex. It would be all the better for the long build-up, he assured his listeners. Read more

Here’s what we’ve been chatting about today:

James Blitz

James Blitz on why Vladimir Putin’s visit to London on Thursday is probably the most remarkable diplomatic moment of this Olympic fortnight.  Read more

From ghost towns to rooftop farms, here are our picks for today:

Gideon Rachman

While it must be tempting for Cameron to score cheap points off the French government and to lecture the Germans, it is also distinctly ill-advised, argues Gideon Rachman Read more