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...Stern can't bring China along - and that will undoubtedly be one of his prime responsibilities - we're never going to reduce worldwide emissions enough to stave off that 5 to 7 degrees Celsius warming we're facing." - Ezra Klein, associate editor for The American Prospect, on the work Stern has ahead of him. (prospect.org, January...
...this. Over the past six months its currency has collapsed, its largest banks have all failed and been nationalized, and its economy has imploded. Today the tiny (pop: 320,000) nation became the first to lose its government to the global financial crisis. Addressing the press, Iceland's Prime Minister Geir Haarde announced the resignation of his cabinet and the collapse of the current coalition government. The Conservative leader said that he could not "accept the Social Democratic demand that they would lead the government...
...more than 2000 demonstrators who broke windows, banged on pans and drums and hurled eggs and skyr, a kind of Icelandic yogurt, at parliament and at riot police, seems to have shaken Icelandic politicians. Two days after a throng of angry protesters beset his official car on Jan. 21, Prime Minister Haarde called a press conference to reveal that doctors had found a malignant tumor in this throat and that he would step down. In an unexpected move, Haarde called for an election in May, only days after firmly and repeatedly denying the possibility of such a poll...
...prime minister is now due to meet with the president to formalize the dissolution of the current government. It remains unclear whether parliament will be dissolved, or if elections will be held immediately. Another possibility is a national government with all parties participating until the May election. If the Social Democrats take control, even temporarily, they are likely to be led by Jóhanna Siguršardóttir, who would become Iceland's first female prime minister and the first openly gay prime minister in Europe...
...Against that background, the prospect of owning the Standard must seem like a walk in the park, even as Lebedev contemplates plowing "tens of millions of pounds" into the loss-making publication. He told the Financial Times the Standard could be used "to help [Russian Prime Minister Vladimir] Putin to fight corruption" in Russia, but has also promised to maintain the paper's editorial independence. (See pictures of Putin's youth camp...