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...

Defense cuts jeopardize NATO's effectiveness, Panetta warns

By Adrian Croft, Reuters

BRUSSELS (Reuters) - European Defense cuts and U.S. budget gridlock are jeopardizing NATO's effectiveness, outgoing U.S. Defense Secretary Leon Panetta warned on Friday. Leaving his last NATO...
NATO considers post-2014 Afghan force of 8,000-12,000

By Adrian Croft and Phil Stewart, Reuters

BRUSSELS (Reuters) - NATO Allies are discussing keeping a training force of between 8,000 and 12,000 troops in Afghanistan after most foreign soldiers leave in 2014, the United States said on Friday...
Analysis: Global central banks will keep taking it easy

By Alan Wheatley and Global Economics Correspondent, Reuters

LONDON (Reuters) - Central banks are in a deep easy-money hole of their own digging that they will have to start filling in at some point. But that day still looks quite some way off. Indeed, the...
EU offers banks chance to cut fines in rate-fixing probe: sources

By Foo Yun Chee, Reuters

PARIS (Reuters) - The European Commission wants to conclude its investigation into the fixing of lending benchmarks Euribor and Libor this year and has offered several banks under suspicion the...
NATO may keep Afghan forces at peak strength longer

By Phil Stewart and Adrian Croft, Reuters

BRUSSELS (Reuters) - NATO officials are strongly considering a proposal to keep Afghan forces at their peak strength of 352,000 until at least 2018, as opposed to current plans to cut the force by a...

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