1. Alistair Darling’s Impact On Lask Trading Trends – The former Labor leader has resigned from the Lords as it is expected that Ruth Davidson, the former Tory leader, will be honored by Boris Johnson.
Former Labor leader Alistair Darling has announced his resignation from the House of Commons (Image: Newcastle Newspaper)
1. Alistair Darling’s Impact On Lask Trading Trends
Former Labor leader Alistair Darling has resigned from the House of Commons after just five years as a life peer.
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Sources close to the former Edinburgh MP said the move was a strategic one and the former leader had never felt he could engage in Lords business via a remote route or travel 400 miles from the his home in Edinburgh.
Meanwhile, Ruth Davidson, the former leader of the Scottish Tories, is likely to have Boris Johnson confirmed in the tie this week.
Davidson, who is standing as MSP for Edinburgh Central in the Holyrood election, is expected to be among those on the long-awaited Prime Minister’s honors list when it is released this week.
Darling, 66, was a Labor MP from 1987 to 2015 and was chief executive in the 2008 budget. He later led the Better Together campaign that won the 2014 Scottish independence referendum.
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On Tuesday, the Deputy Speaker, Lord Lexden, thanked him for his valuable service to the House.
Darling’s retirement, announced before the Lords went into recession, comes amid plans to reduce the number of MPs in the House of Commons, which is now around 800.
Johnson’s list is expected to confirm the parity of cricketer Ian Botham, as well as former Prime Ministers Ken Clarke and Philip Hammond.
Clarke and Hammond were among 20 Tory rebels who voted against a no-deal Brexit last year and were both expelled from the Conservative Party for their actions.
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While it is normal for the former Prime Minister to be appointed to the Lords seat by Davidson, who resigned as Scottish Tory leader amid a battle with Johnson over Brexit, it appears to be an attempt to heal the wounds in the Tory party.
But the focus is likely to be on the proposed decision to block the election of Jeremy Corbyn to his peers, meaning former president John Bercow will not be honoured, nor former Labor MP Tom Watson or the leader of the Corbyn party, Karie Murphy. Some high-profile Tory donors could also be shut down amid concerns raised by the House of Commons Nominations Committee.
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An angry mother scolded a rude customer saying she could do her nails if she had enough time to shop.
Detectives identified the man after his DNA was found as police hope to solve the 2004 shooting of Alistair Wilson.
The Met Office has issued a yellow warning until Saturday morning for the north and south west coast of Scotland.
An Edinburgh pensioner died in an Edinburgh house explosion as two people were taken to hospital by emergency services in Baberton Mains Avenue at around 5:00pm on Friday 1 December following reports of a explosion in property.
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Citizens on the state pension can now have a bank account monitored by the DWP under the new scheme. Many people may not know that the state pension is managed by the DWP.
Thousands of women could receive up to £6,000 in state pension from the DWP by the end of December.
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A popular drink that can reduce the risk of dementia, according to scientists, this drink has a “significant effect” in reducing the risk of developing Alzheimer’s disease.
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Craig Levein looks to be Celtic’s biggest threat after an injury-ravaged week as St Johnstone look for their surprise comeback.
Emergency services attended Baberton Mains Avenue at around 5:00pm on Friday 1st December.
The Hoops have suffered in midfield, but their pain has been used as fuel to breathe life into the team’s season.
Muhammad Zahoor, 30, was caught by security at the Terminal V dance party at the Royal Highland Center near Edinburgh.
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In Dubai, the FM said rich countries that benefit from oil and gas – such as Scotland – must “repair the damage” caused by increased floods, storms and droughts.
Andrew Lees was found unresponsive in Renfrew Road and died a short time later in hospital.
James Alexander lay in bed for almost 20 years after the death of his beloved wife, Ruby, until he died.
The Scottish film actor died “peacefully in his sleep surrounded by his family” on Friday. Free instant updates delivered to your inbox Sign up for our email newsletter Sign up for our free email newsletter.
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The euro zone cannot survive in its current form – this is the dire prediction of economists and politicians of all political colours, including former Prime Minister Alistair Darling, Nigel Lawson and Norman Lamont.
In an interview with The Today magazine, experts were asked their short and long term predictions on the future of the euro. While many believe that the euro zone can survive the current Greek debt crisis – largely due to the political will to avoid default – no one believes that the disease could be contagious, and many believe that the new financial agreement European countries agreed on Monday that it would be impossible. because they needed significant financial support from national governments – and their voters.
Many politicians and economists have criticized the acceleration of austerity imposed on Greece and Italy, arguing that it will have a positive effect on growth, and say that the competitive imbalance between the members of the euro zone is impossible to overcome . They suggest that the end result of the crisis would be a smaller eurozone with Germany in the center and countries like Greece, Portugal, Italy and Ireland on the outside.
The only strong sense of optimism was expressed by Olli Rehn, the Vice-President of the European Commission responsible for the euro, who predicted that the currency will come out stronger in this regard. “We are doing nothing but economic reform in Europe,” he said. “Step by step, we create economic stability and requirements for sustainable growth and job creation.”
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But Mr Darling said: “I don’t think anyone can say with certainty that the euro zone will survive with its members and the longer there is no action, the greater the chance that one or more countries will be forced out.
“I think there is a lot of calm now and I hope people don’t get upset. We didn’t have a problem in January, but none of the problems at the end of 2011 have gone.”
Nouriel Roubini, an economics professor at New York University who predicted the collapse of the US housing market in 2008, agreed: “The eurozone is a slow-moving train wreck . It’s not only Greece, other countries have also failed. 50 percent chance that in the next three to five years the euro zone will break. Not all members can stay.”
Danny Blanchflower, professor of economics at Dartmouth University and a former member of the Bank of England’s monetary policy committee, added: “The fundamental problem that remains unresolved is that there is no plan to growth for Greece. They give new loans… I have no way to pay again.”
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Former Prime Ministers, Lords Lawson and Lamont, agree that the problem is long in the making – and beyond the control of policy makers.
Lord Lawson said: “You cannot form a political union against the will of the people – at least in so-called democracies.” “If you can’t force a political union, then a financial union won’t work.”
“The main problem that has not been solved is that there is no growth plan in Greece. Even if they give new loans, they do not have the money to pay. The market seems to have an illegal price. The problem is if there is. it is default. This means default and exit from Greece. There is still time to play in the last hours, but two and a half years down the road I am not sure that there will be an exit from the program. Suppose something happens at 4pm. on Thursday, as the banks can’t pay, can the European authorities respond quickly? Mainly: they don’t have the ability to move fast enough. I have little hope.”
“The euro zone is a slow-moving train wreck. It’s not just Greece, other countries are failing. There is a 50% chance of more.