Only Theresa May remains

Even Berlusconi has finally departed. Mind you, I don't think this is for good. I simply cannot believe that someone like that can be kept down for very long. And on the other side of the Pond we have the comeback kid, Newt Gingrich, once again being talked of seriously as a contender. Undoubtedly, the Obama machine will go into overdrive on Gingrich's private life, telling lies if necessary, but when it comes to real debates, there is no beating Newt. Suddenly the presidential election is beginning to look even more interesting.

Just checking

Berlusconi is still promising to step down but that, apparently, is not going to save Italy and her economy.

Italy's borrowing cost has soared to a record high, despite Silvio Berlusconi's promise to step down as prime minister.

Mr Berlusconi had said he wanted to show global markets that the country was "serious" about sorting out its finances.

But on Wednesday morning, Italy's 10-year government bond yield - the rate the country pays in interest to borrow money - rose above 7% for the first time since entering the euro.

Italian President Giorgio Napolitano called for an immediate commitment to economic reforms to restore confidence in panicked financial markets.

Bond yields of more than 5% are considered unsustainable in the long term as governments cannot afford to pay that much over a long period.

Would it have been different if the man had paid any attention to his job and/or stepped down earlier? Quite possibly.

The Boy-King has come out fighting (well, sort of) for the beleaguered (I believe that is the correct expression) Theresa May. Her position thus becomes unassailable. Let me say that again, unassailable.

Hereditary Prime Minister Papandreou is all set to resign and this time he will really, really, do it. Well, he has to; after all, he told Sarko. In the fullness of time he will tell the people of Greece as well.

What with all this going on plus the IAEA officially announcing that Iran is becoming something of a problem, it is not surprising that the students' march for more money to be handed out against those terrible cuts in education has somehow disappeared from people's consciousness. Bad luck chaps and chapesses. And just a hint: try not to display Socialist Worker placards quite so prominently.

Are they going? Not on your life

Berlusconi "vows to resign". What on earth does that mean? The man has lost the vote, has lost his majority. Just go already. Nope, the BBC doesn't say he has resigned either just that " has confirmed he intends to resign after key economic reforms have been approved". Goodness me, I remember a time when Italian prime ministers went down like ninepins and there was none of this vowing around the place.

According to Reuters, he will resign after a new budget law is approved in parliament.

No, Papandreou hasn't gone either.

Greek political leaders failed to wrap up coalition talks as planned on Tuesday night, raising fears the deal could start to unravel after two missed deadlines.
The country’s president had been set to appoint a new cross-party government headed by Lucas Papademos, a former vice-president of the European Central Bank who previously served as Greece’s own central bank governor.

George Papandreou, the outgoing prime minister, was supposed to announce his resignation at the same time, according to an official from his PanHellenic Socialist Movement.

“There’s radio silence from our side, let’s see what happens in the morning,” said a senior socialist. The government spokesman could not be reached for comment.

An official from the conservative New Democracy party said:”Contacts seem to be over for today.” He added that there were “no indications” that Mr Papademos had pulled out of the discussions.

OK, I'll say it again: just go already.

That leaves Theresa May who has managed to pass the blame for her incompetence on to the head of the UK border force. He has resigned but in a Parthian shot has accused Ms May of misleading Parliament. As if she would. So the heat is on. Theresa May has already announced that she will not resign but we have not had a public pronouncement of support from the Boy-King. When that happens we shall know that her days are numbered.