Eurozone

Here’s Who Wins as Trump Exits the Paris Climate Accord

By Huileng Tan, CNBC

President Donald Trump's decision to exit an international climate agreement sparked outrage from many quarters, but some countries are likely already eyeing the positives from the move, experts said...
Trump's 'Big Win' in Europe Is the World's Big Loss

By Rob Garver

Leaving the de facto leader of Europe staring into a half-empty beer stein and reassessing everything she and her fellow Europeans thought they knew about the world order and America’s role in it was...
Trump’s Blunders on NATO and Russia Make Our European Allies Cringe

By Patrick Smith

If you thought Donald Trump’s foreign policy positions were politically calculated toss-offs, think again. The interview he gave The Times of London last week put the world on notice: The views Trump...
On Day One, Trump Faces Two Huge Foreign Policy Challenges

By Patrick Smith

Barack Obama isn’t handing Donald Trump any portfolio of foreign-policy successes as he passes the baton the next president. Trump is about to step into a world that his peace-prize-winning...
Why Trump Needs to Hold Countries That Hack and Steal Accountable

By Diana Furchtgott-Roth

Many assert that President-elect Donald Trump is against free trade. But standing against the theft of intellectual property and old-fashioned mercantilism, as Trump has promised to do, is an...

5 Foreign Policy Challenges President-Elect Trump Faces Before He Unpacks

By Patrick Smith

Foreigners always watch U.S. elections, but rarely with the edge-of-the-seat suspense evident as the votes were tallied Tuesday. With Donald Trump’s dramatic victory, they’re as much in the dark as...
Blimey! British Brexit Has a New Hurdle: Parliament Must Approve

By Griffe Witte, The Washington Post

LONDON — A senior British court on Thursday dealt a severe blow to Prime Minister Theresa May’s plans to begin the process of exiting the European Union early next year, ruling she must get...
Britain’s Tarnished Sterling: A Global Warning for Theresa May on Brexit

By Patrick Smith

At 7:07 last Friday in Hong Kong, the British pound suddenly plummeted: In the next two minutes it fell 6.1 percent, to $1.18, its lowest level since 1985. In the next half hour, it regained most of...
Erdoğan Is Destroying Turkey’s Hopes for Democracy

By Hilton L. Root

Turkish President Recep Tayyip Erdoğan’s extra-legal roundup of scores of presumed supporters of the failed July 15 coup against his government is quickly taking its place in modern history alongside...
Italexit: Is the Eurozone’s Third Largest Member on the Way Out?

By Desmond Lachman

Europe has seemingly coped well with its recent Brexit shock, but now looms the prospect that Italy might be heading for the Eurozone’s door. This should be of great concern to European and global...

Government support dips as Spaniards tire of crisis, corruption

By Reuters

MADRID (Reuters) - Public support for Spain's ruling center-right party has slipped following a high-level corruption scandal and ongoing recession, and Spaniards remain pessimistic about the...
EU sees deeper euro zone recession in 2013, slower deficit cuts

By Jan Strupczewski, Reuters

BRUSSELS (Reuters) - The euro zone economy will contract by more than expected this year and budget deficits will decline more slowly, the European Commission said on Friday as it set out forecasts...
Why We Should Be Worrying About Deflation

By Bruce Bartlett, The Fiscal Times

Yesterday, the European Central Bank cut its principal interest rate to counter continuing slow growth. A key factor in the decision is evidence that inflation has been falling in the euro zone from...
EU's Ashton to meet Iran's nuclear negotiator on May 15

By Justyna Pawlak, Reuters

BRUSSELS (Reuters) - Negotiators from the European Union and Iran will meet in Istanbul this month to discuss future diplomatic efforts to resolve a decade-old dispute over Tehran's nuclear program...
U.S. rethinking its opposition to arming Syrian rebels: Hagel

By Phil Stewart and David Alexander, Reuters

WASHINGTON (Reuters) - The United States is rethinking its opposition to arming the Syrian rebels, President Barack Obama's defense chief said on Thursday, even as Obama himself signaled that no...

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