Articles
Italy Faces Political Gridlock After Crucial Elections
(ROME) — The prospect of political paralysis hung over Italy on Monday as partial official results in crucial elections showed an upstart protest campaign led by...
Italy’s Elections: Split Vote Yields No Clear Winner and an ‘Unholy Mess’
What Italy needed was stability. What it got was anything but. After a lackluster campaign, the front-running center-left candidate Pier Luigi Bersani fell short...
How Berlusconi May Upend the Italian Elections
As vote approaches, political uncertainty grows—and with that fears about Italy’s economy and relationship with the European Union
Spanish Monarchy’s Popularity Hits New Low
(MADRID) — When King Juan Carlos appeared at a recent basketball game in front of thousands of subjects, he was greeted by persistent heckling and whistling. It...
E.U. Leaders Agree to $1.28 Trillion 7-Year Budget
(BRUSSELS ) — European Union leaders agreed Friday to a significantly reduced 7-year budget worth €960 billion ($1.28 trillion) — the first cut in spending in...
Greek Ferries Sail as Strikers Forced Back to Work
(ATHENS, Greece) — Ferries were sailing to Greek islands for the first time in a week after the government invoked emergency powers to force striking seamen back...
From Bad to Worse: Economic Woes May Compound Egypt’s Pain
The bad news for Egypt is that the deadly turmoil that has gripped the streets of some of the country's main cities since last Friday threatens to grow worse in...
Spain Is Disgusted With Corruption But Can Anything Be Done About It?
Spain's economic boom bolstered corruption but such opaque practices have made all parties and a host of politicians targets for criticism and prosecution
Obama and the Liberals: Three Quarters of a Loaf Is Never Enough
Grunwald explains the three genres of lefty delusion: Ivory Soap, Choose Your Own Adventure, and Heighten the Contradictions.
Why More Americans Will Fall Behind on Credit Card Bills This Year
Our collective exercise in austerity appears to be over. Americans are adding to their credit card balances again, and experts warn more of us are likely to get...
Introducing the World’s Most Expensive Christmas Meal
Austerity? What austerity? A London chef is set to prepare a Christmas Day dinner for four that will give a new meaning to the term 'holiday indulgence.' The...
What Mario Monti’s Exit Tells Us about Europe’s Debt Crisis
The ultimate lesson behind the Monti story in Italy is that, in the short to medium term. Europe’s economic health and its debt crisis have not fundamentally...
Friday’s Jobs Numbers May Be Drowned Out by Hurricane Sandy
When the Labor Department releases it’s November job growth estimates tomorrow, many are bracing for it to be the smallest number since June. Economists surveyed...
Europe’s Crisis Measures Are Working…Sort Of
Recession shows no sign of ending and unemployment is rising, but deficits and labor costs in some the crisis-hit countries are coming down
Obama Won’t Budge on Top Tax Rates
Barack Obama dug in Tuesday on his demand that any bargain to avert the socalled fiscal cliff include an agreement to raise taxes on the wealthiest Americans...
Why Liverpool Fans are Loving Chelsea’s New Coach
Chelsea's upheavel gives Liverpool great pleasure
Must-Reads from Around the World
Euro zone finance ministers and the IMF reach a deal on a bailout for Greece, shadow banking in China raises concerns about massive loan defaults, and the...
The “Crown Jewels”
The defensebudget wonks over at the independent Center for Strategic and Budgetary Assessments have apparently had it with costume and paste jewelry Todd...
A Deeply Divided European Union Faces Its Own Budgetary Cliff
France, Germany and Britain become central antagonists in more general discord over a multiyear E.U. budget — and risk preventing Europe from fulfilling one of...
Breaking the Deadlock
Whether Barack Obama or Mitt Romney wins the election on Tuesday, on Wednesday he will face the same urgent challenge: how to stop the U.S. from falling off the...
