Dawn

Dawn

Sunday, March 04, 2012

Lorna Byrne is an Irish woman who's written three books about angels. She sees them constantly, she says - usually in the form of guardian angels watching beneficently over the people she's looking at. In a roomful of people, she also sees a roomful of (mute but beautiful) guardian angels. I heard her talk about this on a BBC discussion program this morning and, having just finished Richard Dawkins The God Delusion, I had fun imagining the state of apoplexy he'd be in if he heard her. I'm sure he'd agree with the comment of one person that, if it wasn't for the religious backcloth, Ms Byrne would long ago have been consigned to a mental home. Dr Dawkins chafes at the degree of irrationality one is allowed to get away with in the name of religion.

Oops . . . "Greek default looms as the voluntary debt deal looks set to fail. European leaders are braced for the eurozone’s first ever sovereign default this week as Greece’s efforts to secure a €206bn 'voluntary' bond swap look increasingly unlikely to succeed." This is the probability that the Greeks will fail to get all their creditors to accept 70% losses, leading to, first, activation of CACs (don't ask me) and then a 'credit event' (ditto). Apparently, we will then be in "unknown territory" (don't ask anyone - it's unknown). So, it could be an interesting week. In which Spain's refusal to play ball around its 2012 deficit will rank very low on the Merkel worry scale.

Talking of Spain, the new Foreign Minister has demanded bilateral talks with the UK about Gibraltar. Britain's prime minister has said talks must involve Gibraltar, as with the previous administration. As I never tire of saying, the British government has been keen to get shut of the place for decades but this will never happen if Spain is aggressive enough to stimulate patriotic claptrap from the UK's tabloids. You'd think they'd learn. OK, it made sense to sound muscular before the general election but it's pointless now.

Finally . . . I mentioned Google yesterday. Here's an article on the growing power which the company wields. It contains the unexpected sentence - "The greatest challenge to Google, as it was to Microsoft and its monopolistic practices, might well end up being the unloved EU."

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