On its way out? A Trident submarine leaves Faslane naval base (Getty)
Does the US want Britain to renew its independent nuclear deterrent? The question is generating a certain amount of debate among security analysts on both sides of the Atlantic. Between now and 2016, the UK must take a decision on whether to spend £20bn building four new submarines to carry the Trident missile. David Cameron’s Conservatives are keenly committed to a like-for-like replacement, saying there can be no compromise with the UK’s ultimate security guarantee.
But there are a few discordant voices out there who are questioning whether it is really worth ploughing all this money into a renewed nuclear weapons capability when the UK is having to cut its conventional arsenal as much as it is. Would it not be better, ask some critics, if Britain shifted the billions of pounds of cash meant for Trident’s replacement and bought weapons it is far more likely to use and which will ensure it remains an effective ally of the US? Read more
♦ Another runner in the Great Tax Race: Susana Martinez, governor of New Mexico, hopes that recently approved cuts to corporate tax rates will help diversify its economy – following on from a tax incentive measure for the film industry designed to attract more television productions like Breaking Bad.
♦ As the Syrian state pulls back, necessity has forced rebel fighting brigades to take on the role of governing the towns and villages across rural northern Syria.
♦ Chile is embroiled in an embarrassing statistical scandal, casting a cloud over Sebastián Piñera’s final months in office. It seems analysts were right to question how he kept inflation at just 1.5 per cent despite growth of 5.6 per cent.
♦ The US seems to be headed for a manufacturing renaissance.
♦ Since the revolution, Cairo residents have turned to do-it-yourself infrastructure as they grapple with getting about from day to day. The New York Times has photographed the boom in illegal construction.
♦ The New York Times has also profiled Sohel Rana, the most hated man in Bangladesh: “He traveled by motorcycle, as untouchable as a mafia don, trailed by his own biker gang.”
♦ IBM has created the world’s smallest film by manipulating single atoms on a copper surface.
♦ Cash is still king in China, where home buyers make payments in trunks filled with cash and monthly salaries are delivered in armoured cars. Read more
A kind of digital shiver went across the internet on Tuesday, after the Associated Press sent out a message saying two explosions had taken place at the White House, and that Obama was injured. Several things were suspicious about the tweet, and within minutes, AP announced that their official account had indeed been hacked:
While markets recovered their losses almost immediately, the incident leaves troubling questions about the capabilities of the group that claimed responsibility for the hack: the so-called ‘Syrian Electronic Army’. As one former US official involved in cyber security told the FT’s Michael Peel and Geoff Dyer on Wednesday:
“When you start to do things that have a big impact on the stock market, you are getting away from hacking and moving much closer to something that resembles an actual cyber attack on the US – which takes things into a different area altogether.”
It shouldn’t come as a surprise that the SEA have become good at what they do. They were already in full swing two years ago, when Max Fisher and Jared Keller looked at their efforts for The Atlantic.
“The SEA has aggressively engaged in a wide range of online activities to punish perceived opponents and to force the online narrative in favor of the Assad regime… their primary means of attack has been to overload the social networking profiles of government institutions and Western media outlets…”
♦ Martin Wolf argues that the UK industrial revolution shows the Reinhart-Rogoff thesis on debt is not always right.
♦ Frigide Barjot and her fellow protesters have taken the heat off Hollande as people take to the streets to protest over gay marriage rather than the state of the economy.
♦ The planting of sugar cane has exacerbated the effects of the worst drought in more than four decades in the Indian state of Maharashtra.
♦ Critics say that Nelson Mandela’s family members have been using his status for their own enrichment. Two of his grandchildren are involved in a US reality show called Being Mandela and his daughter has launched a wine business called House of Mandela.
♦ FT Alphaville take a typically irreverent look at the ‘tweet retreat’ in their Occupational Indifference series.
♦ The number of people in Britain receiving emergency food rations has more than doubled in the past year as inflation eroded incomes and government spending cuts have pushed hundreds of thousands into crisis.
♦ Jacob Heilbrunn at The National Interest examines Israel’s fraying image and the possibility that US interest in Israel’s fortune could wane: “if Israel remains stymied in dealing with the Palestinians… its predicament is likely to intensify. And the range of options for dealing with the country’s mounting problems is likely to expand toward more radical solutions.”
♦ Japanese drivers are getting televisions installed in the front of their cars. “Japanese law prohibits “staring” at a screen while driving, without saying anything about glancing at one.”
♦ The New York Times is debating the usefulness of Nato.
Images of the two suspects at an FBI press conference on April 18 (Darren McCollester/Getty)
Two brothers, Dzhokhar and Tamerlan Tsarnaev, are suspected by US law enforcement officials of carrying out the bombing of the Boston marathon on Monday. The elder brother Tamerlan died in the course of an early morning car chase. The younger is now the subject of a manhunt. If we assume that these two men were indeed the perpetrators of the killings, establishing the motive for the attacks will soon become the biggest challenge for the US authorities.
Over the next few hours and days the US police and security services will be searching properties and buildings associated with the two men, analysing the content of computers and laptops, interviewing family and friends – all in order to build up a picture of why the two brothers acted as they did. Only then will the US government be able to work out the security and policy implications of the horrific events Boston has seen this week.
As of now, no form conclusion can be drawn. What can be said is that the two brothers will have had one of three possible motives. Read more
♦ Syria’s Jabhat al-Nusra has dealt a blow to the rebel cause.
♦ When it comes to the labour market, America is suffering from a rising case of ‘German envy’, writes Edward Luce. However, Germany’s labour market is not without its problems – reformers are keen to take action on the shortage of workers.
♦ The world’s top commodities traders have pocketed nearly $250bn over the last decade, making the individuals and families that control the largely privately-owned sector big beneficiaries of the rise of China and other emerging countries. The FT’s Javier Blas has done a comprehensive review of the sector.
♦ Bassem Youssef, Egypt’s Jon Stewart, has ignited a public debate over Qatar’s influence in Egypt.
♦ MJ Rosenberg looks back at negotiations over the Israeli-Palestinian issue in 1990 and explains why he thinks there is “no possibility of serious negotiation so long as Benjamin Netanyahu is prime minister of Israel.”
♦ The Senate begins debate next week on the biggest gun control bill in nearly 20 years, and the gun rights lobby is working with Senate allies on a series of amendments that could actually loosen many of the current restrictions.
♦ Anonymous has handed over to Canadian police what it claims are details about four boys linked to the alleged rape of Rahtaeh Parsons, whose funeral was held last week.
♦ A matriarch in her mid-50s with only $28 to her name is making a bid for election to the provincial assembly in Pakistan’s elections next month.
♦ The Economist writes on Bitcoin and how it is more than a passing frenzy: “chances are that some form of digital money will make a lasting impression on the financial landscape.” Meanwhile, Paul Krugman thinks that “Goldbugs and bitbugs alike seem to long for a pristine monetary standard, untouched by human frailty. But that’s an impossible dream… green pieces of paper are doing fine — and we should let them alone.”
♦ A row has flared between the London School of Economics and the BBC over the presence of journalists on a university-affiliated trip: “the BBC, which the university says actually sent three journalists, also later acknowledged that it had not told the students of the nature of the documentary, in what it characterized as a bid to keep them safe if the journalists were found out and the students were questioned about what they knew.”
♦ Adam Scott has become the first Australian to win the US Masters.
♦ The Guardian looks back at Guan Tianlang’s week and what he has gained from it – the teen golfer has changed the face of Chinese sport.
♦ In the UK, the downturn means that golf clubs are trying to shed their stuffy, middle-aged image.
Reaching out? The Bibi and Barack show, complete with gags about each other's pulchritude (Getty)
As they were trying out their new bromance on Wednesday, Barack Obama and Benjamin Netanyahu opened a press conference with some blokey teasing about their families. Mr Obama joked that Mr Netanyahu’s two sons “clearly got their good looks from their mother”. Mr Netanyahu shot back: “Well, I could say the same of your daughters.”
Speaking in Ramallah on Thursday, Mr Obama made a reference to his daughters that probably did not bring quite the same smile to Mr Netanyahu’s face. Discussing the struggles to get ahead that young Palestinians face, the US president drew a parallel with the civil rights movement in America and its impact on his family.
“Those of us in the United States understand that change takes time, but change is possible,” he said in Ramallah, three weeks after he unveiled a new statue in Washington to civil rights hero Rosa Parkes. “There was a time when my daughters did not have the same opportunities as somebody else’s daughters.”
For many Israelis, there is no analogy more insulting than having the country compared to the Jim Crow American South or, worse still, to apartheid South Africa – as it sometimes is by human rights groups. Read more