Eurozone

Budget Battles

  • U.S.-EU Trade Deal: Obama’s Ambitious Gamble

    By David Francis

    With a gamble on Europe, Obama is betting the U.S. and the EU can shift the global export market to favor the long-time allies. But in order to succeed, Obama is gambling on Europe’s future.

  • Bold New Stimulus Plan for Japan: Will It Work?

    By Knowledge Wharton, Knowledge@Wharton

    Newly elected Prime Minister Shinzo Abe wants to take Japan's economy in a daring new direction to pull it out of two decades of stagnation and deflation. It turns out that his policies closely...

  • More than half U.S. diplomatic posts may not meet security rules

    More than half U.S. diplomatic posts may not meet security rules

    By Susan Cornwell, Reuters

    WASHINGTON (Reuters) - More than half the U.S. diplomatic posts overseas may not fully meet security standards, a senior U.S. official told a hearing on Thursday that follows an attack on the mission...

  • Lebanon's Hariri says Syria's Assad fall "inevitable"

    By Reuters

    BEIRUT (Reuters) - Lebanese opposition leader Saad al-Hariri predicted on Thursday the downfall of Syrian President Bashar al-Assad, whom he accuses of assassinating his father in a massive bomb...

  • Euro zone economy falls deeper than expected into recession

    Euro zone economy falls deeper than expected into recession

    By Philip Blenkinsop and Annika Breidthardt, Reuters

    BRUSSELS/BERLIN (Reuters) - The euro zone slipped deeper than expected into recession in the last three months of 2012 after its largest economies, Germany and France, shrank at the end of a wretched...