FINANCIAL TIMES COMMENT 5/16

Financial Times - Comment   Britain is hurtling to the exit from Europe The UK prime minister’s strategy to deal with pressure for a departure is being torn to shreds by sceptics who have learnt from past mistakes http://link.ft.com/r/EB8122/MJ838Q/JIYS70/IIWWC7/PN7Z0L/9A/h?a1=2013&a2=5&a3=17   Britons want more work – let’s help them There is very substantial spare capacity in the economy – a great many people would like to work for more hours each week http://link.ft.com/r/EB8122/MJ838Q/JIYS70/IIWWC7/SU452G/9A/h?a1=2013&a2=5&a3=17   US needs a better kind of scandal The Benghazi and IRS stories are not sufficiently serious or backed by enough real evidence to really damage the Obama administration http://link.ft.com/r/EB8122/MJ838Q/JIYS70/IIWWC7/WHDKM8/9A/h?a1=2013&a2=5&a3=17   Only one voter matters in Iran Even if allowed to run, Rafsanjani and Mashaei are unlikely to offer much of a challenge to the eventual choice of Ayatollah Khamenei http://link.ft.com/r/EB8122/MJ838Q/JIYS70/IIWWC7/OFZAON/9A/h?a1=2013&a2=5&a3=17   Watch out, DC – the sea is rising Who cares about climate change and other real threats to life and limb when there’s a plague of scandals to ponder http://link.ft.com/r/EB8122/MJ838Q/JIYS70/IIWWC7/1O9QKO/9A/h?a1=2013&a2=5&a3=17   phoney QE peace masks markets’ fragility Quantitative easing helps the system absorb small shocks, as easy credit did pre-2007, but masks contradictions that may provoke crisis in a big shock http://link.ft.com/r/EB8122/MJ838Q/JIYS70/IIWWC7/VTKX71/9A/h?a1=2013&a2=5&a3=17   Small parties pose big threat to Merkel In spite of her personal popularity, the chance of a shock defeat for the German chancellor has unsettled the mood among her supporters http://link.ft.com/r/EB8122/MJ838Q/JIYS70/IIWWC7/A51UR9/9A/h?a1=2013&a2=5&a3=17   Nestlé has time to deal with L’Oréal stake Swiss company knows that, for many investors, the arguments in favour of a sale to the cosmetics group are enticing http://link.ft.com/r/EB8122/MJ838Q/JIYS70/IIWWC7/IEO6T3/9A/h?a1=2013&a2=5&a3=17

Financial Times - Editorial Down the train Tax must be blind Japan’s sugar rush from Abenomics Murky oil markets