Forget Global Britain: the UK has become an international punchline


Thomas Watkins
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In January 2014, news broke that French President Francois Hollande had been having an affair with the actress Julie Gayet. The details were very Parisian — he’d been taking his moped to her apartment, where his security detail would deliver croissants after their liaisons dangereuses.

I was working in Paris at the time, and the reaction in France was also typically Gallic.

Monsieur Le President had a right to privacy and, well, at last there was some intrigue surrounding the technocrat critics had dubbed “Flanby” after an unexciting caramel pudding. In a country known for its insouciance for philandering politicians, his approval ratings actually went up.

It wasn’t until Mr Hollande visited Britain that month that he got his first real interrogation over the affair. Standing alongside then-prime minister David Cameron at an RAF base in the Cotswolds, a reporter from the London press pack asked Mr Hollande about the “very sensitive subject”.

“Do you think your private life has made France an international joke?” the Daily Telegraph correspondent asked.

Mr Hollande, of course, ducked the provocative question, which generated chortles from the Brits, whose journalists rightly pride themselves on taking a much more combative stance than their deferential peers in France and on US news networks.

At the time, I too chuckled.

But the incident has been replaying in my mind with less mirth as I watch on from the US, my adopted home, as my native country lurches from one self-inflicted catastrophe to the next.

The smug assumption of 2014 that Britain could somehow be the arbiter of which other nations are a “joke” has come full circle as the world laughs at a poorer, colder and smaller UK, untethered from the world stage after Brexit and now on its third prime minister since Mr Cameron.

Economists looked on in disbelief as Prime Minister Liz Truss and her Chancellor of the Exchequer, Kwasi Kwarteng, unveiled their “mini-budget” that sent the pound to its lowest level in history and almost triggered a financial crisis.

Asked at a Singapore summit hosted by the Milken Institute last week whether the UK is behaving like an “emerging market”, Jeff Gardner, a senior portfolio strategist at Bridgewater Associates, gave a withering assessment.

“Maybe not so much an emerging market, because I think that might be an insult to emerging markets,” he told the panel to laughter.

He is hardly the only one to mock Britain.

Former US Treasury secretary Larry Summers said the UK was "behaving a bit like an emerging market turning itself into a submerging market".

“Between Brexit, how far the Bank of England got behind the curve and now these fiscal policies, I think Britain will be remembered for having pursued the worst macroeconomic policies of any major country in a long time.”

Twitter wags were quick to pile on too, depicting Mr Kwarteng as a “Kamikwazi” pilot bent on his own destruction. The Economist ran a leader entitled: How not to run a country.

Predictably, Ms Truss on Monday was forced into a U-turn, conceding that now is not the best time to plunge Britain more into debt and further devalue the pound.

It is not clear if Ms Truss is clinging to the disproven voodoo economics playbook that unfunded tax cuts for the richest somehow “trickle down” into better conditions for the rest of us, or if she is trying to implement early 1980s US economic policies in a 2020s post-pandemic, post-Brexit Britain.

Ms Truss already knows about U-turns, having been against Brexit before she was for it, pro-republican before she was a monarchist, and so on. She perhaps honed her reverse-driving skills under Boris Johnson, who abruptly changed course on dozens of policy proposals.

Since the latest reversal, the pound has recouped some of its losses after it nearly hit parity with the dollar last week.

A member of the audience falls asleep whilst waiting for Britain's Chancellor of the Exchequer Kwasi Kwarteng's keynote speech at Conservative Party Conference in Birmingham on Monday. EPA
A member of the audience falls asleep whilst waiting for Britain's Chancellor of the Exchequer Kwasi Kwarteng's keynote speech at Conservative Party Conference in Birmingham on Monday. EPA

Britain's woes should be considered in the context of the gloomy global economic picture, and Brexit coincided with the pandemic and many worsening global crises over which the UK alone has little say.

But after lurching from a bodged departure from the EU, to three years of infighting under Theresa May, to the moral and intellectual abyss of Boris Johnson's tenure, Ms Truss and her Conservative Party may have run out of room for manoeuvre. They are now polling 33 points behind Labour, and the Brits have a winter of discontent ahead as inflation remains stubbornly high, energy bills are set to soar again and a recession is all but certain.

It must all be très drôle for Monsieur Hollande and his now-wife Madame Gayet. Presumably they are chuckling over their croissants.

Julie Gayet and Francois Holland in 2019. AFP
Julie Gayet and Francois Holland in 2019. AFP
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7.05pm: Handicap Dh165,000 2,200m - Winner: Heraldic, Richard Mullen, Satish Seemar

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8.15pm: Handicap Dh190,000 2,000m - Winner: Key Bid, Fernando Jara, Ali Rashid Al Raihe

8.50pm: The Garhoud Sprint Listed Dh265,000 1,200m - Winner: Drafted, Sam Hitchcott, Doug Watson

9.25pm: Handicap Dh170,000 1,600m - Winner: Cachao, Tadhg O’Shea, Satish Seemar

10pm: Handicap Dh190,000 1,400m - Winner: Rodaini, Connor Beasley, Ahmed bin Harmash

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Fixtures and results:

Wed, Aug 29:

  • Malaysia bt Hong Kong by 3 wickets
  • Oman bt Nepal by 7 wickets
  • UAE bt Singapore by 215 runs

Thu, Aug 30: 

  • UAE bt Nepal by 78 runs
  • Hong Kong bt Singapore by 5 wickets
  • Oman bt Malaysia by 2 wickets

Sat, Sep 1: UAE v Hong Kong; Oman v Singapore; Malaysia v Nepal

Sun, Sep 2: Hong Kong v Oman; Malaysia v UAE; Nepal v Singapore

Tue, Sep 4: Malaysia v Singapore; UAE v Oman; Nepal v Hong Kong

Thu, Sep 6: Final

Fixtures
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Bio:

Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour

Favourite Hobby: Serving poor people 

Favourite Book: The Alchemist by Paulo Coelho

Favourite food: Fish and vegetables

Favourite place to visit: London

Top Hundred overseas picks

London Spirit: Kieron Pollard, Riley Meredith 

Welsh Fire: Adam Zampa, David Miller, Naseem Shah 

Manchester Originals: Andre Russell, Wanindu Hasaranga, Sean Abbott

Northern Superchargers: Dwayne Bravo, Wahab Riaz

Oval Invincibles: Sunil Narine, Rilee Rossouw

Trent Rockets: Colin Munro

Birmingham Phoenix: Matthew Wade, Kane Richardson

Southern Brave: Quinton de Kock

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

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Find the right policy for you

Don’t wait until the week you fly to sign up for insurance – get it when you book your trip. Insurance covers you for cancellation and anything else that can go wrong before you leave.

Some insurers, such as World Nomads, allow you to book once you are travelling – but, as Mr Mohammed found out, pre-existing medical conditions are not covered.

Check your credit card before booking insurance to see if you have any travel insurance as a benefit – most UAE banks, such as Emirates NBD, First Abu Dhabi Bank and Abu Dhabi Islamic Bank, have cards that throw in insurance as part of their package. But read the fine print – they may only cover emergencies while you’re travelling, not cancellation before a trip.

Pre-existing medical conditions such as a heart condition, diabetes, epilepsy and even asthma may not be included as standard. Again, check the terms, exclusions and limitations of any insurance carefully.

If you want trip cancellation or curtailment, baggage loss or delay covered, you may need a higher-grade plan, says Ambareen Musa of Souqalmal.com. Decide how much coverage you need for emergency medical expenses or personal liability. Premium insurance packages give up to $1 million (Dh3.7m) in each category, Ms Musa adds.

Don’t wait for days to call your insurer if you need to make a claim. You may be required to notify them within 72 hours. Gather together all receipts, emails and reports to prove that you paid for something, that you didn’t use it and that you did not get reimbursed.

Finally, consider optional extras you may need, says Sarah Pickford of Travel Counsellors, such as a winter sports holiday. Also ensure all individuals can travel independently on that cover, she adds. And remember: “Cheap isn’t necessarily best.”

The specs

Engine: 2.0-litre 4-cyl

Power: 153hp at 6,000rpm

Torque: 200Nm at 4,000rpm

Transmission: 6-speed auto

Price: Dh99,000

On sale: now

'Unrivaled: Why America Will Remain the World’s Sole Superpower'
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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Updated: November 18, 2022, 12:30 PM