Перевести 38. politics is a rough old trade, as michael howard, the former home secretary is finding out. a leading contender for the tory leadership until this week, his campaign now appears to have been fatally damaged by the claim of one of his junior ministers at the home office that he misled the commons. 39. hydrocarbons (oil) and political volatility seem to go together. 40. disenchantment with the president appears to be growing the political scene has been transformed in the past two months to the point where people are openly talking of the possibility: (1) that the president will not seek re-election; and (2) that he might be beaten if he runs. 41. europe seems to be slowing down faster than most people ex­ pected.

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