Economist Charles Dumas of Lombard Street Research has published a new financial analysis concluding that Germany cannot afford the euro and must exit the currency to prevent severe economic failure.
Writing for the Daily Mail on 31 August 2012 at 10:29 am, columnist M E Synon reported Dumas's warning that without a euro exit, Germany will soon be in big trouble. Synon described Dumas as a totally excellent economist and highlighted his assessment that the German economy cannot sustain its current position within the single currency.
Lombard Street Research is a London-based macroeconomic forecasting firm that provides research to institutional investors and governments on international monetary policy and currency markets.
European Parliament salaries and institutional reform
In a separate commentary published on 30 August 2012 at 5:26 pm, Synon called for the permanent closure of European Union administrative institutions.
Synon criticized compensation structures across European governing bodies, stating, "I would like the whole European Parliament shut down, fat salaries, free travel, fabulous perks and golden pensions for eurocrats and MEPs alike. But if I can't have that, I'd prefer they took lots of holidays."
The European Parliament is the directly elected legislative body of the European Union, operating alongside the European Commission and the European Council to enact EU law.
Anders Breivik conviction and salute controversy
Addressing criminal proceedings in Oslo on 24 August 2012 at 11:25 am, Synon reported on the murder conviction of Norwegian mass killer Anders Breivik following his trial.
Synon noted that after hearing his conviction, Breivik performed a gesture he presumed was a Fascist salute, which was in fact the Black Power salute.
Critiquing the killer's actions, Synon wrote, "How stupid and vile does a man have to be to fail as both a human being and as a Fascist?"
Eurozone crisis and international policy commentary
Synon's previous commentaries throughout 2012 and 2011 focused on international politics, financial market volatility, and public policy issues across Europe and the United States.
In August 2012, Synon reported that United States Homeland Security officials under investigation received approval to amass a vast cache of ammunition, while also evaluating American political figures Mitt Romney and Paul Ryan regarding the Irish-American vote.
Focusing on central banking, Synon urged European Central Bank President Mario Draghi to act swiftly, arguing that Draghi and the ECB needed a sense of urgency rather than claiming to have all the time in the world.
In July 2012, Synon criticized euro debt market traders for acting like adolescent girls and dismissed euro area leaders' promises of doing whatever it takes as empty words, warning that euro-septicaemia was spreading through Britain.
Her February 2012 columns questioned German strategy toward Greek sovereign debt, asking what if the Germans have got it wrong and describing efforts to push the Greeks until they break.
Synon also commented on UK domestic politics, reviewing Prime Minister David Cameron's European Union negotiations following earlier December statements where she called him an EU pansy.
Daily Mail columnists and broadcaster reports
The commentary published alongside work by Daily Mail columnists Alison Boshoff, Craig Brown, Alex Brummer, Nadine Dorries, Stephen Glover, Boris Johnson, Richard Kay, Dominic Lawson, Quentin Letts, Richard Littlejohn, Jan Moir, Bel Mooney, Andrew Neil, Andrew Pierce, Amanda Platell, Ruth Sunderland, Tom Utley, Sarah Vine, Dan Hatfield, and Michael Wolff.
Mail on Sunday opinion writers included Peter Hitchens, Dan Hodges, Oliver Holt, Liz Jones, and Alexandra Shulman.
In broadcasting updates, television presenter John Torode secured a lucrative new commercial life with wife Lisa Faulkner after leaving the BBC, while presenter Ranvir Singh overcame a water phobia for ITV game show The Box to bond with her teenage son.
Former football players Gary Lineker and Graeme Souness joined forces for The Box, with Souness admitting he wanted to smash Lineker a few times during filming.
Former Strictly Come Dancing professional Nadiya Bychkova stated she reported an abusive colleague to the BBC but was still required to work alongside them.
Dolly Parton tributes and music industry news
In music developments, country singer Dolly Parton reached number one in the UK charts with her 1980 hit song 9 To 5 following her death at age 80 after a secret battle with cancer.
Parton was honored by the Grand Ole Opry and laid to rest in heels beside her husband Carl Dean at a Nashville burial site, while Tennessee lawmakers moved to rename the Nashville airport in her honor.
Insiders revealed Parton built a secret music vault containing unreleased songs before her death, while co-stars Sally Field and Shirley MacLaine, 92, paid tribute alongside Liza Minnelli, who recalled Parton's spicy girl gossip.
Musician Finneas married longtime girlfriend Claudia Sulewski in a ceremony officiated by his sister Billie Eilish, while singer Gareth Gates performed at Manchester Pride.
Kylie Minogue, 58, marked 25 years and one billion Spotify streams for Can't Get You Out Of My Head in Vogue Australia, recalling a night out with actress Margot Robbie.
Duran Duran frontman Simon Le Bon, 67, holidayed in Sardinia with wife Yasmin, while Celine Dion made her first public appearance in two years outside a Paris hotel.
Film industry updates and celebrity developments
In film news, actor Tom Cruise attended a NASCAR race in support of driver Kyle Busch following confirmation of a new Days of Thunder movie, with Cruise set to co-star alongside Anne Hathaway.
Actor Ray Winstone stated he slapped and threatened a director who groped a female co-star on set, observing that it is a different world today.
Broadchurch actress Daphne Neville put her Cotswold mill house on the market for £1.8 million after living in the property for 60 years.
Former Hollyoaks actor James Sutton, 43, announced his departure from acting to launch an OnlyFans career, while ex-co-star Sarah Jayne Dunn, 44, defended her own OnlyFans work, stating, "I want my son to see me be an independent woman."
Actress Meera Syal revealed she was sexually assaulted by an older actor who offered career assistance, while actress Donna Mills, 85, discussed her OnlyFans earnings in Los Angeles.
Royal Family developments and entertainment stories
Royal coverage reported that Prince Harry remains angry with members of the Royal Family and expects an apology, while his mother-in-law Doria Ragland turned 70 living in California.
Columnist Amanda Platell noted Harry feels at home in Britain while Meghan Markle remains focused on California, as royal author Robert Jobson reported Lady Louise Windsor is using the late Queen and Prince Philip as a blueprint for her relationship with Felix da Silva-Clamp.
In sports and media news, footballer Phil Foden's seven-year-old son sought a £50,000-a-year social media manager after reaching four million Instagram followers.
Cruz Beckham performed with his band The Breakers at Leeds and Reading festivals, watched by parents David and Victoria Beckham, dedicating a song to his sister Harper while Victoria's niece Libby Adams photographed the set.
Presenter Cat Deeley reduced the asking price on her £5 million home after leaving the United States due to concerns over school shootings, while TV presenter Maya Jama outlined business plans in Ibiza, asking, "Why is everyone's main goal in life to get married and have kids?"
Model Kylie Jenner shared a selfie in numbing cream, stating she will not have children with Timothee Chalamet in her twenties, while George Clooney and wife Amal dined in Lake Como after evacuating their home due to French wildfires.
Rapper Lil Nas X announced the death of his mother from addiction following his own rehab stay, while Kelly Osbourne moved to the countryside with her son after splitting from Sid Wilson.
Love Island star Molly Smith announced her marriage to Tom Clare on a flight returning from Mallorca, while singer Rita Ora denied rumors that she was the individual referenced as Becky in Jay-Z and Beyonce's marriage.
Former October 7 hostage Mia Schem launched a modeling career in Israel, while podcast host Vogue Williams revealed she lost a diamond from her wedding ring live on air.
