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A healthy appetite for the right price

The Cadbury takeover battle shows the advantages of the UK system. The City’s focus on price allows investors to make up their own minds without being stymied by directors. A sound outcome is more likely than in the murky US alternative, writes John Gapper

Obama’s damaging silence on Israel

Max Hastings on the strength of Muslim sentiment

A peace dividend Sri Lanka cannot squander

The country needs a political settlement, writes David Pilling

Only competition can safeguard free markets

Maurice Saatchi on the power of financial cartels

Give us fiscal austerity, but not quite yet

It is too early to slash deficits, says Martin Wolf

Related content and features

More comment and analysis

Inside the dreams of Mullah Omar

The Taliban leader’s actions are often determined by night visions, making the future of fighting in Afghanistan hard to predict, writes Kenneth Ballen

Time for the greening of global trade

New international agreements that put environmental challenges at the centre of the world trading system are long overdue, writes Chandran Nair

Prepare yourself for Palin-Dobbs

Jurek Martin

Lou Dobbs, who resigned as America’s chief prime-time xenophobe last week, is hinting that public office beckons. Perhaps Sarah Palin should take note, writes Jurek Martin

EDITORIAL COMMENT

Operation Stealth

The Bank of England was right to keep its HBOS and RBS liquidity facility secret, a new panic could have turned the financial crisis into a catastrophe

Turks’ eastern turn

The shift in focus – seen by some as neo-Ottoman – is driven by interests more than ideology, as trade with the Middle East expands to take up the slack left by the EU’s downturn

Barroso must resist national bullying

The Commission president and the parliament should co-operate to ensure that Europe gets the representatives it deserves.

DEBATES & POLLS

What is the military for?

UK defence

Can Britain afford a cold war-era nuclear deterrent? New aircraft carriers? Typhoon fighter aircraft? Have your say about Britain’s role in defence on the Arena Blog

New chapter of MBAs take oath to do better

Graduates

No single group can be blamed for the economic meltdown, a number of high-profile MBAs have been implicated. Are MBA programmes useless?

Book review

Going rogue

Video: Sarah Palin

Sarah Palin’s best-seller sheds little light on how she became one of the US’s most high-profile and divisive politicians