There has been a slight recovery of nerve in the financial centres of Wall Street and the City of London over the past few weeks.
Reading Ken Livingstone in the Guardian on Friday of last week, I almost convinced myself that 1 May had been a bad dream and that Boris Johnson hadn’t been elected mayor of London.
Gordon Brown's biggest problem lies with the state of the economy. As Andrew Rawnsley put it in last Sunday's Observer, "The economy was the pillar of his reputation with the public."
For the past few years the chief role of the International Monetary Fund (IMF) has been to act as praise-singer for global capitalism. Its traditional job of bullying governments into implementing policies of economic austerity had become harder to perform.
The outcome of Zimbabwe's elections remains shrouded in uncertainty. But one thing is clear. The country's politics remains dominated, as it has been for the last decade, by the struggle for power between the regime of Robert Mugabe and the Movement for Democratic Change (MDC).
The Chinese crackdown in Tibet has raised the pitch of criticism of China’s government in the US. Calls for a boycott of the Olympics, originally in protest at China’s support for the Sudanese regime, are gaining strength.
Every anti-war activist should have a little gauge that measures, week by week, the risk of an attack by the US on Iran. Last week that gauge rose sharply.
White Season? Whitewash more like it. A backlash against multiculturalism has been gathering strength ever since the 7 July 2005 bombings in London. It has now become a tidal wave, sweeping through that supposed liberally temple, the BBC.
The collapse of Romano Prodi’s centre-left government in January was a miserable end to the hopes of all those who had wanted to see an end to the sleazy right wing politics of Silvio Berlusconi.
Talk of a "new Cold War" between Russia and the West seems to be getting more strident by the week.
"It is politically inconvenient to acknowledge what everyone knows – the Iraq war is largely about oil," Alan Greenspan, the arch-Republican ex-chairman of the US Federal Reserve Board, admitted in his memoirs last year.
SINCE THE crisis in Kenya erupted six weeks ago there has been a lot of handwringing about the threatened collapse of a haven of "stability" in Africa. This is largely hypocritical nonsense.
When does victory really mean defeat? When Barack Obama won the Democratic primary election in South Carolina last Saturday.
"Fatherland, socialism, or death." With these words, Hugo Chavez just over a year ago took the oath as president of Venezuela following a triumphant re-election campaign.
If you want to get the moral measure of the so-called "international community" look at what they claim to be their successes.
Four months after it exploded, the international credit crisis seems to be getting worse. On Monday the giant Swiss bank UBS announced losses of $10 billion.
It’s possible that the David Abrahams funding scandal will come to be seen as an important stage in the long, slow death of the Labour Party.
I must acknowledge my debt to Ian Smith, who died last week. I was a teenager in Zimbabwe – then known as Southern Rhodesia – during the years when Smith consolidated white rule that, he said, would last a thousand years.
Norman Mailer’s dream was to write the Great American Novel, but, by the time of his death at 84 last weekend, it was clear that he hadn’t succeeded.
It is too early to be able to assess the full impact of the breakaway from Respect launched last weekend by George Galloway and his associates.