- The Scottish National Party (SNP) has experienced a reputation for discipline implosion and its goal of independence has receded in the past few weeks.
- Ms. Sturgeon, the leader of the SNP, stifled debate and operated within a political set-up that imposed few constraints on her.
- The electorate bifurcated under Ms. Sturgeon's watch and the SNP increasingly bound to be judged on things that matter more to voters' daily lives.
- The SNP's record of good governance is pretty mediocre.
- Mr. Yousaf, the new head of the SNP, needs to reflect on the limitations of the Sturgeon era.
Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.
Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.
A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec