FT.com - Editorial comment
FT.com - Editorial comment


Dollar on the rise, at least for now
The recent appreciation of the dollar is a correction from its deep fall but it is unlikely to be the start of a recovery, and may be over after the first hooray

A papal warning
Italy's anti-immigration measures are counter-productive – the key is to manage integration, not to inflame prejudice against the least protected

The Tory dilemma
The Tories need to offer a greater sense of strategic direction but this will require hard choices – this is the surest route to good government

A bully's deserts
It is time for the EU and Nato to reconsider whether they can maintain partnership deals with a country that is determined to treat them as hostile

The coming tests for Pakistan's rulers
Pakistanis should be proud but they should now also be wary – they have every reason to know bad government is a luxury poor countries cannot afford

Buying into gold
Public funding for elite sports is popular because crossing athletes' palms with silver has proved a good way of securing gold for the UK

Investment banks are bad taxpayers
Investment banking has occupied an outsized role in western economies in the past decade. But it is now shrinking – and the penny has dropped in London and New York that banks are not reliable sources of tax revenues

Strategic choice for US energy policy
In recent weeks energy policy has moved to the fore in the US presidential contest. But no plan can succeed if oil and petrol stay as cheap as Americans think nature intended. On energy policy, the next president is off to a bad start

A kick in the Nuts
The circulations of 'lads' magazines are on the slide; UK beer sales are in decline and football is not as cool as it once was

Bye bye Musharraf
The departure of Pakistan president looks only a matter of time. Such is the clamour for him to go that residual support for him has collapsed. Pakistan must now take the chance to rebuild itself

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