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...

Moody's slashes Spain debt ratings three notches

By Luciana Lopez and Daniel Bases, Reuters

NEW YORK (Reuters) - Credit ratings agency Moody's Investors Service cut its rating on Spanish government debt on Wednesday by three notches to Baa3 from A3, saying the newly approved euro zone plan...
Cyprus may seek up to 4 billion euros if goes to EU

By Conor Humphries, Reuters

DUBLIN (Reuters) - Cyprus could seek up to 4 billion euros in financial aid if it turns to the European Union for help, but needs an immediate 1.8 billion euros to recapitalize one of its banks in...
Cyprus says bailout options open, no decision

By Reuters

NICOSIA (Reuters) - Cyprus is keeping its options open on whether to apply for a European Union bailout to help recapitalize its second-largest bank but has yet to make any application, the...
France wants crisis measures before fiscal union

By Catherine Bremer and Elizabeth Pineau, Reuters

PARIS (Reuters) - France said on Tuesday that it would support taking steps towards budgetary integration in Europe, as Berlin wants, but the first priority must be to agree urgent measures to solve...
Austerity Takes 20 Percent Out of Nobel Prize

By Maureen Mackey, The Fiscal Times

With Europe’s economy on rocky terrain, even the folks at the Nobel Foundation in Sweden are cutting back on the big bucks for their most coveted prizes. The Nobel Foundation said Monday the money...

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