LONDON: It is often said that the power of global financial markets far exceeds the mandate of any government. Left wing politicians everywhere fear the "Gnomes of Zurich" and Wall Street. Recent events, however, suggest that the left has less to fear from international finance than they once supposed.
LONDON: It is often said that the power of global financial markets far exceeds the mandate of any government. Left wing politicians everywhere fear the "Gnomes of Zurich" and Wall Street. Recent events, however, suggest that the left has less to fear from international finance than they once supposed.