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...

These Little Piggies Got Bailed Out, These Got None

By David Francis

The PIIGS – Portugal, Ireland, Italy, Greece and Spain – are now at a crossroads. Each country faces sustained austerity and responsible spending in one direction – with financial ruin and the...
Britain Reels from Brutal Austerity--GDP, Jobs Disappoint

By Patrick Smith

This summer has seen Greeks rioting in the streets over austerity measures and now Italians having a bad case of agita as their economy teeters. But if Europe’s nerves are frayed, so are Britain’s...
Debt Crisis Threatens Italy

By Anthony Faiola and Howard Schneider

LONDON — Europe’s escalating debt crisis is on the verge of engulfing by far its biggest victim: Italy, the world’s seventh-largest economy, whose sheer size could thwart any international attempt to...
Marc Weisbrot: Why The Euro Is Not Worth Saving

By Mark Weisbrot

The Euro crashed yesterday to record lows against the Swiss Franc, and interest rates on Italian and Spanish bonds have hit record highs. This latest episode in the Eurozone crisis is a result of...
Greece Targets Tax Cheats

By The Fiscal Times Staff

ATHENS, Greece (AP) — Greece's Finance Ministry says it will hire a group of lawyers and accountants to pursue the country's top 10,000 tax cheats and boost the crisis-hit country's weak revenues. A...

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