As President Obama winds up his farewell tour of Europe, it is appropriate to consider the broader implications of the brouhaha he created in Great Britain. At a joint press conference with Britain Prime Minister, David Cameron, President Obama defended his intrusion into British politics in taking sides on the controversial and divisive Brexit debate. In an op-ed, Obama came down squarely on the side of Britain remaining in the European Union — a decision I tend to agree with on its merits. But he was much criticized by the British media and British politicians for intruding into a debate about the future of Europe and Britain’s role in it. Continue reading
It’s funny how history repeats itself. The inconclusive general election in 2010 took place when the economy appeared to be on the mend and against the backdrop of a crisis in the eurozone prompted by Greece. As things stand, we could be in for a repeat performance in May 2015.
Be in no doubt, what’s happening in Europe matters to Britain. The eurozone is perhaps one crisis and one deep recession away from splintering. The more TV pictures of rioting on the streets of Athens or general strikes in Italy between now and the election, the better support for Nigel Farage’s UK Independence party will hold up.