Margaret Thatcher's fluctuating foreign policy
Margaret Thatcher's foreign policy fluctated wildly.
London's financial center faces an electoral insurrection
London's financial center faces an electoral insurrection.
In 1996, the world learned a Japanese firm had cornered the copper market. The company, Sumitomo, was fined $125 million for squeezing copper supplies and artificially inflating prices--at that point the largest penalty ever levied by a U.S. government agency. The Commodities Futures Trading Commission called the scheme “one of the most serious worldwide manipulations” of a commodity in decades. Last Monday, the Securities and Exchange Commission posted a decision that could effectively lead to a repeat of the Sumitomo corner, with one key difference: hoarding copper will now be legal.
THAT FAINT CLANKING SOUND, arriving through the open window of his home office: Was it coming from the courtyard? Was it being made by the pulley they’d attached to the house’s outside wall? Christ, it couldn’t be, thought Nixon, looking at his new digital watch: 6:15 p.m. No, they still had the round-the-clock nurse with them, and she wouldn’t be letting Pat get up from her long afternoon nap for another 15 minutes, when he’d join her for a glass of fruit juice and dinner off the TV trays. He heard the clanking again and realized it was just the halyard hitting the flagpole.
Lincoln’s Code: The Laws of War in American HistoryBy John Fabian Witt (Free Press, 498 pp., $32) WAR IS ABOUT killing, maiming, and destroying. Yet in its midst men have sought heroism not only in savage acts of bravery but also in observing limits, in finding a way to affirm their and their adversaries’ common humanity, in the concept of honor as a higher expression of morality than is attainable even in peace.
The Eagle Unbowed: Poland and the Poles in the Second World War By Halik Kochanski (Harvard University Press, 734 pp., $35) The Auschwitz Volunteer: Beyond Bravery By Witold Pilecki translated by Jarek Garliński (Aquila Polonica, 460 pp., $34.95) ONCE, THE Allied history of the Second World War—the Anglo-American history of the Second World War, the Victors’ history of the Second World War—was the only one we thought mattered.
Don’t believe it when you read that Oscar Niemeyer, the Brazilian architect who died this week only days before he would have turned 105, was the one who took the chill off modernist design with his flamboyantly curving, white thin-shell concrete buildings. That’s the sort of nonsense that gets peddled in obituaries and haigiographies, particularly when a charismatic charmer distorts the historical record to inflate his own contribution, takes credit for the innovations of others, and outlives—by decades!—his competitors.