Bob Geldof wants to you give your money to... Britain

This is one weird commercial:

Yes, that's noted humanitarian and alleged former rock star Bob Geldof (along with physicist Stephen Hawking, feminist scholar Germaine Greer, and businessman Alan Sugar) trying to sell Britons on National Savings & Investments.  NS&I is a state-owned savings bank serves as a lender to the British government. It describes itself as a way to "raise cost effective financing for the government and to reduce the cost of government borrowing to the tax payer."

So after more than two decades of raising money for famine relief and pushing for debt cancellation in Africa, Geldof is now raising money for the exchequer to cover its debts. Not sure if that says more about Geldof or about the current state of the British economy, but either way, like I said, weird commercial.


Ukrainian interior minister resigns after "drunken brawl"

Taking a page from former Japanese finance minister Shoichi Nakagawa's playbook, Ukrainian Interior Minister Yuri Lutsenko ended his political career in humiliating fashion this week after after a public drunkenness incident. Allegedly, Lutsenko and his teenage son had a few too many at the Frankfurt airport and then got into a fight with some cops. Lutsenko says he only had a beer and just got angry when the police handcuffed his son. He is threatening to sue the German tabloid Bild for libel.

In any event, Lutsenko offered his resignation yesterday, leaving Yulia Tymoshenko's already embattled government without an interior minister, a foreign minister, or a finance minister. Not a particularly welcome development given the scale of the economic and political challenges they're facing.

This incident combined with Nakagawa's downfall could be a warning to government ministers to take it easy on the booze while traveling on official business, but somehow I doubt it.