Saturday, 11 October 2025
The Female King
Friday, 10 October 2025
No offence, Wales
Every football fan knows one thing above all about England. The men's team, that is.
We race through the qualifying groups against countries like San Marino and Andorra, scoring bucketloads of goals and ending with a 100% record. Then comes the competition proper. And we struggle against decent teams and...
...get beaten by Germany.
Our (German) coach is leading us through the qualification campaign ready for the World Cup in Canada, Mexico and the USA next Summer. So far we have played 5, won 5, scored 13 goals and conceded none. So when it comes to filling a gap in the schedule with a friendly game, you'd think it would be a great opportunity to find out about the players vying for their spots by playing a match against Brazil. Or France. Maybe Ghana. Definitely not Senegal, we lost 3-1 to them earlier this year (see what I mean?)
But no, we decide to play...Wales. No offence to the Welsh but they are ranked 30th in the world, between Panama and Norway. We know what our players, even those notionally in our second string, can do against Panama, Wales and Norway. What we don't know is how good they will be against Portugal, Croatia and the Dutch. Better to find out now rather than in 9 month's time when it matters.
I don't get it. As the well-known terrace chant goes:
You don't know what you're doing.
Oh and just so you know, it was England 3 Wales 0.
Thursday, 9 October 2025
This Is Not The Way
"In the six decades of its existence, the State of Israel, far from solving the problem of anti-Semitism, has exacerbated it, and failed to increase the collective security of its Jewish citizens or alleviate the existential anxiety of Jews around the world."
So writes David Goldberg, Rabbi Emeritus of the Liberal Jewish Synagogue in London in his book This Is Not The Way: Jews, Judaism and Israel. I read it after a reference in an article by Max Hastings in the Times recently, knowing that I have strong instinctive and long-standing feelings about the actions of Israel in the Middle East but conscious that could represent an anti-Semitism which I didn't think I possessed.
“When Jewish representatives insist, as the Israel PR Lobby does, on an axiomatic linkage between anti-Semitism and anti-Zionism, as though they are two aspects of the same seamless, linear continuity, not only are we guilty of sloppy, ahistorical oversimplification but we are also failing to treat a subject vital to our well-being with the intellectual rigour it deserves.”Peru or Ecuador?
My "go to" chocolate preference is plain and dark. Tesco has own brand Finest offerings from Peru (85%) and Ecuador (75%) and milk chocolate from the Ivory Coast (48%). They are unusual in identifying the source of their cocoa. I carried out extensive research in the chocolate aisle of the store (yum) and no other brands did this. Lindt? No. Green&Blacks? Also No.
ChatGPT, in a style which I appreciate, is at its most cynical in saying why:
Because they don’t want you to think too hard about where it comes from.
Here’s the blunt truth:
Most big chocolate brands deliberately leave out the source country because transparency would expose uncomfortable facts about their supply chains — child labour, deforestation, and unfair pay being the main ones. The majority of the world’s cocoa (around 60–70%) comes from West Africa, mainly Ivory Coast and Ghana, where working conditions are often poor and traceability is patchy at best.
So shout out to Tesco, which displays the following information in their packaging:
We work with the Transparence Cacao programme and the Rainforest Alliance in Peru, Ecuador and Côte d'Ivoire to help ensure that every bar of Tesco Finest chocolate supports sustainable practices in the cocoa industry and contributes to the livelihoods of farming communities.
I couldn't find any evidence of any other major chocolate brands using Transparence Cacao, although they all make claims to sustainable practices. So why not tell us where your cocoa comes from?
I need to undertake a taste test. Will the winner be Peru or Ecuador?
Wednesday, 8 October 2025
I'm a Progressive Activist
The pollster More in Common has produced a new segmentation of the British public, "based on extended research into Britons' core beliefs, their values and behaviours". The seven segments are:
- progressive activists
- incrementalist left
- established liberals
- sceptical scrollers
- rooted patriots
- traditional conservatives
- dissenting disruptors
Tuesday, 7 October 2025
Genius Act
The USA passed the Genius Act on 18th July. Did you know? Me neither. Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) is its title.
I have been struggling for literally months to figure out how to write a blog post about stablecoins, given that I don't know what they are and I don't understand any explanation offered. But, in the Reithian spirit of inform, educate and entertain, I am trying. Today is not the first time that Mehreen Khan, the Economics Editor of the Times, has written about this subject and today's article is headlined "Fear of missing out may convince central banks to embrace stablecoin". She writes "A stablecoin is a digital asset whose value is meant to be guaranteed by a peg to a traditional currency such as the dollar". She compares this with cryptocurrency, which has no such (notionally) intrinsic value.
Through the Genius Act the US government seeks to regulate, enable, perhaps even promote the issuance of stablecoins by non-governmental bodies - perhaps the likes of Amazon. But it's the central banks that are now considering the "opportunities". The Bank of England, initially sceptical, is now pursuing the possibility of a "digital pound". Khan asserts that the Bank "changed its tune...probably driven by the potential fiscal and financial benefits of the goldrush into stablecoins, which seems too lucrative to miss".
It seems to me that "goldrush" should raise a huge red flag. Isn't it true that the 2008 financial crisis was caused by the creation of new financial instruments which ultimately fell apart? Is the world at risk of doing it again? Why is the stablecoin concept necessary?
Another of my regular TV programmes has been Dragon's Den and the "dragons" frequently make the criticism of a pitch that "it's a solution to a problem that doesn't exist". Could stablecoins be one of those? The cynically minded amongst us would ask "who benefits from their existence?" The answer is almost certainly not you or me.
The whole thing is like those theoretical concepts in maths and physics - the square root of minus one, imaginary time, the Higgs Boson, multiple dimensions - which have no reality or meaning except in the minds of weird people.
I used to want to be one of those weird people - existing only in a non-corporeal state - but my natural patience and low boredom threshold make it an impossible dream. However, I shall continue trying to bring difficult concepts to you, dear readers. Mostly in the hope that one of you can explain better than I can.
