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Will It Ultimately Accede to a Single Currency That Will Launch a Challenge to the Dollar's World Dominance?
As I sit writing this article, I ponder upon the fact that it is exactly one week since the UK General Election, an election which saw a second landslide victory for Tony Blair's Labour Party against a background of the lowest percentage voter turnout since 1908--more than 40 percent of those eligible to vote did not trouble to do so--and a majority of 176 in a 659 seat House of Commons representing a reduction of just three from the almost identical landslide of 1997. The fallout has been swift and immediate. William Hague, leader of a Conservative Party ...