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Moreover, notwithstanding the fact that independent seismic surveys have indicated little potential exploitable mineral resources on the continental shelf, there is in any event no reason to consider such mineral resources as having any bearing on the delimitation…

In the view of the Court there are no grounds for contending that the extent of the maritime rights of either side should be determined by matters of equity as they relate to the past history of the island. The legality of the Turkish invasion of 1974 is not a matter for consideration by this tribunal, which recognizes the long-standing de facto jurisdiction of the Turkish Cypriot authorities in the northern portion of the island…

Both Parties, in rebutting their opponent's claims, tend to contradict the very principles they have invoked in support of their respective positions. The Court must assure itself that the solution reached is both reasonable and equitable, and to that end, bearing in mind the legally binding assurances provided to Greek Cypriot fishing interests by the Turkish Cypriot authorities… For these reasons: THE COURT OF ARBITRATION, by three votes to two, being in favour President Watling and Judges Osman and Abdul-Ghanem, and against Judges Rospovitch and Rodin, draws the following line of delimitation… With a final check of the wording, Watling signed the definitive document. It pleased him more than he could describe. An historic agreement that would help cement both peace in a troubled comer of the world and his place amongst textbooks and precedents which would be passed down to future generations of international jurists. There was also the peerage. His mother could enjoy toasted teacakes on the terrace any time she wanted now, while he would never more want for invitations to California, anywhere for that matter, including test matches. They'd be proud of him, back in Cold Kirby-by-the-edge-of-the-Moors. The Judgment of Watling Water. A fine judgment – a fair one, too, which couldn't always be said about such matters. Now it was done and whether they discovered oil, antiques or the bones of the Minotaur didn't matter a damn – and should never have mattered. This was a judgment of law, not a poker game with drilling licences.

Justice. British justice. And if it entailed screwing the French into the bargain, then the bargain was all the better for it. Rodin could rot in hell. It had developed into a silent tussle of wills. The BBC cameraman kept adjusting the angle repeatedly in order to gain an uncluttered view of the Prime Minister and his announcement in front of Number Ten – it was, after all, Urquhart's moment – but the new Foreign Secretary was intent on basking in the sunshine of television lights and the reflected plaudits. With the persistence of an outbreak of measles the rotund outline of Bollingbroke kept insinuating itself into the picture until he was standing to attention, suit buttons straining, immediately behind the Prime Minister's right shoulder. Urquhart's Praetorian Guard.

One of the private secretaries had suggested that perhaps the statement should have been made to Parliament rather than to the media, but Grist -good Grist, whose instincts were so sound – had captured Urquhart's mood. On the doorstep of Downing Street there was no Leader of the Opposition to throw up supercilious questions and comment, no former-and-recently-fired Minister to claim part of the credit, nothing to prevent Urquhart from occupying the top slot on the lunch-time news all by himself. Except for Boilingbroke. Maybe next time they would truss him to a chair.

Thus had a grateful nation been given the opportunity to witness F.U. expressing his delight at turning closed minds into the open hands of friendship, accepting the accolade of Statesman. Formally inviting the leaders of both Cypriot republics to fly to London in eight weeks' time for the signing of the final and definitive peace accord – and thus providing him with another glorious media binge and guaranteed victory in an arena where no other British politician could even enter. Francis Urquhart. Man of Peace. In a small floral-patterned room on the top floor of 10 Downing Street, at the eastern end of the living quarters which are so small, so unbefitting the head of a major Western government, and so very English in their understatement, Elizabeth Urquhart sat at the Regency desk which had once been her grandmother's. She pushed aside the letters she had been answering and with a small key unlocked the drawer, taking from it her private address book. There was a slight tremble to her fingers, the sense of anticipation she had known when riding to hounds as they were about to down a great stag. An inward struggle between excitement, fear and – conscience? The hand reached out, no longer for crop or reins but the telephone, the one she'd installed many years before when they had first moved in. The telephone which did not go through the switchboard. Her phone, for her purposes. The quarry had been cornered, there was good news she wished to share. But not with too many people. 'I regret, Mr President, that the air-conditioning plant has broken down again.'

A knot of anxieties had tangled around the aide who was soaked in sweat from his recent spittle-scattered brawl with the engineering supervisor. It had been to no effect, the temperature was still rising rapidly into the eighties. The two fans he had placed in the comers of the room seemed to have negligible impact on the heavy Nicosia air, which smelt and tasted as though it had been breathed many times before.

Nures, a man of passion and varied temper, seemed to bear no trace of ill will. He had removed jacket and tie, sipped sweet mint tea and was mopping his receding brow with a large red handkerchief. He was also poring over a map, and exulting.

'Soon we shall have new air conditioning – all of us. And new roads. Schools. Homes. A new airport, even. No longer to be outcasts.' His dark eyes shimmered with hope. 'A fresh start.'

'We have much to be grateful for,' the aide offered damply, trying to push along the unexpected tide of good humour.

'And good friends,' Nures responded, 'to whom we owe more than gratitude.' Theophilos wrenched the towel from around his neck and with an impatient wave of his hand dismissed the barber.

'What's your problem?' Dimitri badgered as the door closed. He was seated at the monitor on the Bishop's ornate mahogany desk, his thick fingers tapping out instructions on the keyboard. The screen sprang to life. 'Market's up, it likes all this talk of peace. And Swiss interest rates rose the other day. It's been a good week for us.'

'Political capital, that's what we must watch, little brother,' Theophilos replied, scratching the roots of his newly trimmed beard. 'If we are to rid ourselves of this fool of a President we need a taste of chaos. Peace at his hand is about as welcome as an outbreak of cholera.' He glanced at his watch. A television interview in ten minutes. He exchanged the Rolex for a plain leather band and climbed back into the dark bishop's cassock, hanging around his neck the heavy crucifix, once more the simple man of God. 'So what are we to do?' 'Pray. To God in Heaven and any other gods you can find in the back of your closet. Get down on your knees. Humble yourself. And beg that the Turks will be caught trying to fuck us up once more.' The telephone warbled. From the rear seat of the Citroen limousine on the congested streets of Paris, the businessman stretched to answer it, listening carefully. He said nothing, his attention focused absolutely on the message and its consequences, which were clear. The quarter of a million dollars he'd already handed to – what was the name of that Turkish quisling? He'd already forgotten – had been thrown away, the gamble had been lost. And it hurt. Even in the oil business, a quarter of a million unreceipted dollars makes a heavy hole in the petty cash account. Yet that was the least of the pain, for it seemed certain that he was about to lose more, far more. Thousands of millions of dollars' worth of lost opportunity. Oil by the seaful. It seemed he would never get to drill his wells.