Articles

Why Germany Should Leave the Eurozone

Most discussion about a potential breakup of the Eurozone assumes that Greece and other financially troubled countries would be the ones who ended up abandoning...

Must-Reads from Around the World, May 10, 2012

Pakistani Push-back - In an interview with the Guardian, Pakistani Prime Minister Yousaf Raza Gilani insists his country did not shelter Osama bin Laden and...

Why Portugal May Be the Next Greece

The most recent Greek bailout appears to be successful. As a result, worries about the European financial crisis have diminished somewhat. Indeed, European...

202 million

the number of unemployed people across the world by the end this year—up from 196 million in 2011, according to the International Labour Organization’s World of...

May Day Protests Around the Globe

Thousands are marching through city streets across the world in observance of May Day, the international workers’ holiday, shouting their demands for greater...

Must-Reads From Around the World: April 23, 2012

Withdrawal Symptoms - In a pact reached after a year of negotiations between the U.S. and Afghanistan, Washington promised military and financial support for a...

Holiday Spending Spree: Where's the New Austerity?

In closing the books on 2010, the best that might be said was that it was better than 2009. This was a year that cemented a certain narrative of the past decade,...

Austerity and a Rumored Bailout Put the Ire in Ireland

Seamus Butler's epiphany — the instant he foresaw the bust coming in the wake of Ireland's boom — came in 2006. The businessman walked into his local bank in...

Greek Voters Give Austerity Plan a Second Chance

Greek Prime Minister George Papandreou read triumph in the results of the regional elections Sunday, Nov. 7, that put his center-left PASOK Party's candidates...

Cameron's E.U. Austerity Drive: Mixed Results

Ever since he became Britain's Prime Minister in May, David Cameron has been repeating a mantra about cutting costs across the board. These forbidding times, he...