- 06 Jul 10
The oil spill in the Gulf has uncomfortable echoes of the banking crisis
In the middle of our first real summer in five years we mightn't have realised that the Atlantic hurricane season is already under way. But it is, and as I write the first tropical storm of the series is heading northwards. It will cross the Yucatan peninsula and hit the Gulf of Mexico in days. And that, my friends, is not good news.