Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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Here’s Who Wins as Trump Exits the Paris Climate Accord
By Huileng Tan, CNBCPresident 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...
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Trump's 'Big Win' in Europe Is the World's Big Loss
By Rob GarverLeaving 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...
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Trump’s Blunders on NATO and Russia Make Our European Allies Cringe
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...
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On Day One, Trump Faces Two Huge Foreign Policy Challenges
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...
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Why Trump Needs to Hold Countries That Hack and Steal Accountable
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...
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5 Foreign Policy Challenges President-Elect Trump Faces Before He Unpacks
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...
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Blimey! British Brexit Has a New Hurdle: Parliament Must Approve
By Griffe Witte, The Washington PostLONDON — 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...
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Britain’s Tarnished Sterling: A Global Warning for Theresa May on Brexit
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...
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Erdoğan Is Destroying Turkey’s Hopes for Democracy
By Hilton L. RootTurkish 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...
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Italexit: Is the Eurozone’s Third Largest Member on the Way Out?
By Desmond LachmanEurope 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...
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The War in Europe Escalates—No Guns, Just Butter
It took exactly two days for European markets to cast a negative vote on the agreement eurozone countries reached in Brussels last week. It took a couple more for the eurozone countries to begin...
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New Budget Rules for Euro Countries
By GABRIELE STEINHAUSERThe first draft of a new treaty setting tighter budget rules for the 17 eurozone countries — and any other EU country that wants to join — was sent to governments on Friday, European Union officials...
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Italy Wins Austerity Confidence Vote
By ASSOCIATED PRESSThe Italian government has won a confidence vote over its package of anti-crisis austerity measures in the lower chamber of Parliament. Premier Mario Monti called the vote, held Friday in the Chamber...
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How Hedge Funds Are Exploiting the Euro Crisis
Just when it looked like a European fiscal bargain would end the sovereign debt crisis, save the euro and stabilize the markets, the other shoe dropped: a crisis of confidence.
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Cyprus Strike to Shut Down Gov. and Airports
By The Fiscal Times StaffCyprus' airports and government offices will shut down Thursday in a daylong strike to protest a proposed public sector wage freeze and other austerity measures.