Cameron faces mutiny over Lords reform – FT.com

United Kingdom's Deputy Prime Minster and Lord...

United Kingdom's Deputy Prime Minster and Lord President of the Council Nick Clegg. (Photo credit: Wikipedia)

This is an excellent article from the FT. Check it out!

via Cameron faces mutiny over Lords reform – FT.com.

Personally, I particularly liked the following paragraph:

It is really explosive, it is the holy grail of the Liberal Democrats,” said one Tory MP. “They are not going to get Lords reform and we are not going to get the boundary review. This is a game changer. The coalition is not going to last until 2015.

I wonder if bookies are taking odds yet for an early election?

If there was an early election, I wonder who would be leading for each major political party?

IMF chief Christine Lagarde in last-ditch struggle to raise funds | Business | The Guardian

Managing Director Christine Lagarde

Managing Director Christine Lagarde (Photo credit: International Monetary Fund)

This is a good article by Larry Elliott at the Guardian. Check it out!

via IMF chief Christine Lagarde in last-ditch struggle to raise funds | Business | The Guardian.

I particularly noted Christine Lagarde‘s reference to concerns about five “dark clouds” gathering over the global economy:

    • High unemployment
    • Slow growth
    • Over-rapid deleveraging by banks
    • Strains in the eurozone and
    • Higher oil prices