poverty

• An oil smuggling network created to evade UN sanctions on Saddam Hussein’s Iraq is being exploited by the Islamist group Isis.

• In Libya hardline Islamists are pushing their agenda amid the chaos they created.

• Meanwhile, Goldman Sachs lifts the veil on its relationship with the Gaddafi-era Libyan sovereign wealth fund.

• The New York Times rounds up the latest books on Iraq: The outlaw state.

• China is risking a ‘balance sheet recession’ as the impact of its stimulus measures wane.

Linda Tirado on why globalisation and technology are to blame when the poor are accused of failing to make long term plans. Read more

♦ Borzou Daragahi ventured into Libya’s badlands: a combination of guns, trafficking and inter-ethnic conflict.
♦ The winner of the Bodley Head/FT Essay Prize is an account of being a British Muslim soldier.
♦ John Plender argues that the real driver of income inequality over the past decade or so has been top pay and this is unlikely to change.
♦ Juan Carlos, the King of Spain, is fighting for his legacy.
♦ The National Review looks at the deep poverty among masses of white working class people in the US heartlands.
♦ Gamal Essam El-Din at Ahram Online has put together a comprehensive nuts and bolts guide to Egypt’s constitutional referendumRead more

Gideon Rachman

H Rap Brown of the Black Panthers made the famous remark that “violence is as American as cherry pie”. For those who are baffled by the looting in London and elsewhere, I would add – “and riots are as English as roast beef and Yorkshire pudding”.

The historically-minded could cite the Gordon riots of the eighteenth century. But you really don’t need to go all that way back. There were riots in Notting Hill and Brixton in London in the 1970s and 1980s, as well as Toxteth in Liverpool, Handsworth in Birmingham, Moss Side in Manchester. Then were the Poll Tax riots in London towards the end of the Thatcher era. And just recently we had the student riots in LondonRead more