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...

Italy's Letta wins French backing for focus on growth

By James Mackenzie, Reuters

ROME (Reuters) - Italy's new prime minister Enrico Letta won French backing on Wednesday for calls to spur economic growth alongside budget rigor, but problems lay closer to home with coalition...
Italy's Letta faces early squeeze over anti-austerity drive

By James Mackenzie, Reuters

ROME (Reuters) - Italy's new prime minister, Enrico Letta, is preaching an end to austerity while pledging to meet European Union debt targets and his fledgling coalition is already at odds over how...
Thousands rally against European austerity on May Day

By Clare Kane, Reuters

MADRID (Reuters) - Workers hit by lower living standards and record high unemployment staged May Day protests across Europe on Wednesday, hoping to persuade their governments of the case for easing...
Cyprus bailout scrapes through island's parliament

By Michele Kambas, Reuters

NICOSIA (Reuters) - Cyprus's parliament approved an EU bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses on uninsured depositors at another,...
Cyprus parliament approves bailout

By Reuters

NICOSIA (Reuters) - Cyprus's parliament approved on Tuesday an EU bailout including provisions to impose substantial losses on bank depositors and wind down one of the island's biggest banks. By a...

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