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"you turn if you want to, the lady's not for turning". this week, the woman who would be her successor u—turned. america's third lady, nancy pelosi, did not, going ahead with a visit to taiwan, despite chinese warnings beforehand — and missiles after. nor did the bank of england u—turn, going ahead with the half—point rise in interest rates. the governor had said the bank was minded to impose the largest single hike in a quarter of a century. here to discuss all that are marc roche, an economist and journalist who was born in belgium, and writes from here for the french news ...

Conservatives are critical of the bank anyway, saying it didn't act fast enough against inflation, it directs itself, they put up rates of half of 1%, as it warned it would do. the government set on friday that in terms of what they had heard that in terms of what they had heard that they hadn't moved fast enough, he rejected that and said it's an approach to buying assets, this quantitive easing programme which arguably helped during the credit crunch, it was not part of the problem. so there is a political conflict opening up between the woman most likely to be prime minister and the governm...

P but this time the greens as well. they have a lot of common ground that there are differences on social policy and taxes. they will have to get over those differences that they are able to form a governing coalition. those are 4 options and there are many, many more which is why even when we have the result thatis why even when we have the result that is just the start of the process. the negotiations began and it will only be when coalition is formed we will know who will replace angela merkel. i hope you followed all that. forall the angela merkel. i hope you followed all that. for all the...