消息,自己看吧,希望能够对大家有益

	UK's Euro Campaign Sidelined By Iraq Weapons Affair By Paul Hannon, Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- Six weeks have passed since U.K. Prime Minister Tony Blair said his government would step up its campaign to convince voters of the benefits of joining the euro zone. Speaking in a rare joint press conference with Chancellor Gordon Brown on June 10, it seemed then as if Blair would finally be able to focus on achieving his long-held ambition of taking the U.K. into the single currency area. But six weeks are a long time in politics, and for the foreseeable future, Blair is likely to have more pressing concerns as he fights for his very survival. The government Monday launched an independent judicial inquiry into events surrounding the suicide Friday of Dr. David Kelly, a senior adviser to the Ministry of Defence on weapons of mass destruction in Iraq. Blair himself will testify, likely breaking a planned vacation in Barbados to do so. That will prove a much more compelling spectacle for voters than dry discussions about convergent economic cycles. So even if Blair strives to bring the euro into focus, he's unlikely to succeed. In fact, he's already tried and failed. Speaking in Tokyo over the weekend, Blair said the U.K. could be judged ready to join the euro zone when needed reforms are introduced, rather than when they have run their course. The government has said reforms to the housing market, monetary policy and the labor market are needed to bring the economy closer into line with that of the euro zone. But it could take decades to ease the U.K.'s chronic housing shortage. "We are not looking for completion of the impact of reforms in all areas before recommending entry," Blair said. Six weeks ago that would have been front page news for many newspapers. Monday, even the Financial Times relegated Blair's comments to page four. And with voters increasingly distrustful of the prime minister, for the time being any efforts to win them over to the euro cause will prove fruitless. Many Initially Put Blame On The Government In the immediate aftermath of Kelly's suicide, a large proportion of voters believed the government was in some way responsible. It appears government officials outed the publicity-shy scientist as the primary source for a British Broadcasting Corp. report that claimed the security services were concerned about the government's use of evidence that Iraq possessed weapons of mass destruction. According to a poll compiled by YouGov over the weekend and published Monday by the Daily Telegraph, 59% of respondents said their opinion of Blair had worsened as a result of the Kelly affair, while 39% said Blair should resign. Although the BBC is now in the firing line for its treatment of Kelly as a source for the story, the pendulum may well swing back against Blair. "Blair's premiership has been weakened ... making (euro-zone) entry look like an even more distant prospect regardless of the Prime Minister's very upbeat tone on the topic in speech delivered in Tokyo over the weekend," Goldman Sachs said in a note to clients. Six weeks ago, Blair was promising a coordinated set of "road shows" by ministers to boost support for the euro and to explain the reforms needed to get the U.K. in a position to adopt the currency. Right now, it seems Blair is alone in wanting to talk about the single currency, as other senior members of the Labour Party either prepare to defend themselves in the Kelly affair or wait to see how severe the political fallout will be. Should Blair be forced out of office as a result of the Kelly affair and related controversies over Iraq's possession of weapons of mass destruction, Brown is his most likely successor. Although Brown claims to support membership of the euro zone in principle, he is much less enthusiastic about the project than his boss. So with Blair as prime minister, the pro-euro campaign will at the very least be seriously delayed and less successful than it would have been had his credibility not been damaged. Without him, it may not happen at all. "This whole Iraqi issue has totally destroyed any possibility of EMU entry in the next few years," said Steve Barrow, chief currency strategist at Bear Stearns. Sterling fell sharply Friday on news of Kelly's death. That was a response to political uncertainty rather than any change in the likelihood of early membership of the euro zone. Typically, sterling rallies when euro-zone membership seems unlikely, since traders believe the government will try to ensure that euro membership is achieved at a relatively weak exchange rate. Sterling stabilized Monday at around $1.59 as the immediate threat to Blair's premiership appeared to ease. -Paul Hannon; Dow Jones Newswires; 44-20-7842 9491; paul.hannon@dowjones.com   Dow Jones Newswires   07-21-031115ET

	我看不懂 能说一下吗?

	布来耳越倒霉,英镑就越看好. 因为,他是推动英国加入欧元区的主要动力,此次政治事件(指Kelly自杀)使英国加入欧元区的 进程大大减慢.利好英镑. 周5的急跌是对英国政府信任动摇的表现,现在大家冷静下来后,市场操作就理智了.