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Tag: Europe


AP / Geert Vanden Wijngaert

Brussels Summit Will Not Avert Eurozone Crisis

At the close of an economic summit that appears to have failed to rescue Italy, Spain and more of Europe from sinking deeper into a mire of recession, Guardian economics editor Larry Elliott prefigures the collapse of the euro as a unifying currency of the European Union. (more)

Posted on Dec 10, 2011 READ MORE


‘Left, Right & Center’: Europe Kicks the Can

This week, at a Brussels economic summit described as “make or break,” European leaders came together but drew the line at uniting. Meanwhile, back on this side of the Atlantic, conservatives mull Newt Gingrich’s presidential prospects and President Obama speechifies.

Posted on Dec 9, 2011 READ MORE



Dennis Skley (CC-BY-ND)

Fiction, Fantasy and the Euro

The extent to which the economic policy of nations is made on the basis of misinformation or wishful thinking is not generally recognized.

Posted on Dec 6, 2011 READ MORE



World Economic Forum / Michael Wuertenberg (CC-BY-SA)

Giving Politicians a Good Name

Two politicians from different countries and with very different political pedigrees made news this week. Both spoke difficult truths and reminded us that we shouldn’t use the word “politician” with routine contempt.

Posted on Nov 30, 2011 READ MORE


Euro Santa

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Posted on Nov 28, 2011 READ MORE



Flickr / SimplySchmoopie (CC-BY-SA)

Europe’s Plight Chills Year-End Market Predictions

Traditionally, the holiday season brings good tidings for the stock market, too. There’s even something called “the Santa rally,” we learned from this Wall Street Journal article. Neat! But this year, with trouble on the European front and the ongoing recession (yes, that reads “recession”) at home, there may be less to look forward to, or so market forecasters fear.

Posted on Nov 25, 2011 READ MORE


Bunga Bunga

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Posted on Nov 13, 2011 READ MORE



Richard Newton (CC-BY)

S&P Accidentally Downgrades France

The same ratings firm that held the United States hostage to its debt demands and gave the thumbs up to toxic mortgage assets is again in the news for bungling things. Standard & Poor’s accidentally announced a downgrade Thursday of France’s AAA credit rating.

Posted on Nov 10, 2011 READ MORE



NATO

How Libya Plays Into NATO’s Identity Crisis

The enthusiasm that has been inspired in NATO circles by the organization’s success in overturning the Gadhafi regime in Libya provides a demonstration of how badly NATO still feels the need for a justification of its continued existence.

Posted on Nov 8, 2011 READ MORE



Flickr / clementine gallot (CC-BY)

Fed Changes Growth, Employment Forecast for the Worse

Back in June, the Federal Reserve predicted a sunnier economic future for the U.S. than it did Wednesday, when the Fed released revised figures for both growth (it’ll happen more slowly) and unemployment (it’ll continue to hover around 9 percent) through 2012. But the news wasn’t all gloomy.

Posted on Nov 2, 2011 READ MORE


Chris Hedges in Times Square

Occupy TVNY has this interview with Chris Hedges, who, during the major global protests on Saturday, compared Occupy Wall Street to the other movements he’s covered around the world, from Eastern Europe to the Middle East.

Posted on Oct 17, 2011 READ MORE



woodleywonderworks (CC-BY)

This Billionaire Likes to Tinker With Government

The Wall Street Journal recently profiled Nicolas Berggruen, a billionaire who has apparently become fascinated with political gridlock and enamored with the smoke-filled room. What makes Berggruen interesting is his ability to summon personalities such as Arnold Schwarzenegger, Joseph Stiglitz, Tony Blair and Condoleezza Rice. (more)

Posted on Oct 2, 2011 READ MORE



Marco Raaphorst (CC-BY)

Scientists Investigate Fish Shrinkage

Seafood fans beware: You and your appetites may be toying with evolution. A team of scientists is investigating the fallout from overfishing, which causes fish to be smaller and reproduce earlier, and whether these changes are short-term reactions or the result of unnatural selection. (more)

Posted on Sep 18, 2011 READ MORE



Siemens Drops Nuclear Power

The German conglomerate is getting out of the nuclear power business. Siemens built every one of Germany’s existing nuclear power plants, all of which were scheduled to be shuttered by 2022 following Japan’s Fukushima Daiichi meltdown. (more)

Posted on Sep 18, 2011 READ MORE



Apokolokyntosis (CC-BY)

Sperm Bank Bans Redheads

Cryos, an international network of sperm banks based in Denmark, is refusing donations from gingers, because, says director Ole Schou, there simply isn’t demand outside of Ireland, where red hair sells “like hot cakes.” The company is most interested in sperm from Indian donors and those with brown hair and eyes. (more)

Posted on Sep 18, 2011 READ MORE


‘Left, Right & Center’: The European Debt Crisis, Boehner on Jobs and Romney vs. Perry

On this week’s “Left, Right & Center”: setbacks in the effort to solve the European debt crisis, John Boehner’s remarks on Obama’s jobs plan, and where presidential hopefuls Rick Perry and Mitt Romney stand after the latest GOP candidates’ debate. (more)

Posted on Sep 16, 2011 READ MORE



Flickr / Davide "Dodo" Oliva

U.S. and European Markets Drop as Volatility Rises

U.S. and European markets played follow the leader Friday, as the three main stock indexes in both regions tumbled nearly 3 percent together. Among other events, analysts pointed fingers at the euro, uncertainty over President Obama’s jobs speech and doubt over Greece’s ability to address its financial problems.

Posted on Sep 9, 2011 READ MORE



AP / Alexandre Meneghini

Victory in Tripoli: They Did It

If the U.S. had gone seriously into the war, and behaved characteristically, Libya’s revolution would not have succeeded this week.

Posted on Aug 23, 2011 READ MORE



White House / Pete Souza

How Obama Can Save His Presidency

President Obama has only one option as he ponders a world economy teetering on the edge: He needs to go big, go long and go global.

Posted on Aug 21, 2011 READ MORE


Time for a Chat

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Posted on Aug 18, 2011 READ MORE



AP / Richard Drew

Stock Market’s Wild Ride Continues

The stock market is revisiting last week’s extreme volatility, with the Dow Jones average plummeting 471 points in the first two hours of trading Thursday. (more) Update: At the closing bell, the Dow was down about 419 points, 3.7 percent, to roughly 10,990.

Posted on Aug 18, 2011 READ MORE


London Riots: The View From Brixton

A student activist living in the middle of London’s riots shares her view from the ground on this week’s Truthdig Radio in collaboration with KPFK. Also on the show: William Cohan and Robert Scheer on Wall Street’s plunge; Robin Wright on Syria, and David Inocencio on juvie journalism.

Posted on Aug 10, 2011 READ MORE



White House / Samantha Appleton

Can America Still Lead?

The world is looking to the United States to help power a recovery and provide leadership at a time when we are suffocatingly inward-looking—and when ultraconservatives are so dogmatic about slashing government that they are prepared to boot away our nation’s influence.

Posted on Aug 8, 2011 READ MORE



First Generation Films via IMDb

Sex Slavery and Impotent Outrage

In the summer, when we are always in the mood for fun and frolic, “The Whistleblower” is an easy movie to ignore. But we should not.

Posted on Aug 7, 2011 READ MORE



White House / Pete Souza

The World Has Been Watching

Few Americans know, or much care, about the opinions foreigners hold of the United States. This was displayed during the ignorant and solipsistic debate over when or whether the United States will pay its debts.

Posted on Aug 2, 2011 READ MORE


Sex Tourism: Is Ukraine Becoming the Thailand of Europe?

Today, Ukraine holds the unwanted title of being one of the world leaders in global prostitution—a reality fueled by the country’s harsh economic climate since emerging from the former Soviet Union. Despite the fervent efforts of anti-sex-tourism groups such as FEMEN, the illegal industry, which exploits children as well as women, is booming.

Posted on Aug 1, 2011 READ MORE


Terror of the Crazy Brain

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Posted on Aug 1, 2011 READ MORE


Norway Attacks and Europe’s Failed Immigration Policies

The events in Norway were in a twisted way the product of Western ideas about the rivalry and clashes of civilizations, which persist.

Posted on Jul 26, 2011 READ MORE



AP / Thierry Charlier

Norway’s Horror: Anti-Semitism Becomes Islamophobia

Europe’s right-wing parties, many of which once had explicitly anti-Jewish messages, have expanded their hatred to Arabs and Muslims.

Posted on Jul 24, 2011 READ MORE


Panda Diplomacy

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Posted on Jul 3, 2011 READ MORE


Greece and EU Attempt to Avoid Disastrous Default

Athens in recent days has experienced continuing popular protest, sporadically violent, against the economic austerity program demanded of Greece by the IMF.

Posted on Jun 29, 2011 READ MORE



AP / Evert Elzinga

Dutch MP Off the Hook in Hate Speech Case

Depending on how you see it, a Dutch court’s acquittal Thursday of controversial politician Geert Wilders is an instance of hate speech gone unpunished or, as Wilders himself put it, “a victory for freedom of expression in the Netherlands.”

Posted on Jun 23, 2011 READ MORE


Turkey in Position to Lead Region Out of Tumultuous Century

Looking backward, there is a great deal to be said for leaving well enough alone, which is more difficult than one might think.

Posted on Jun 14, 2011 READ MORE


The Grim Grocer

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Posted on Jun 8, 2011 READ MORE



Wikimedia Commons / Mattosaurus

New, Killer Strain of E. Coli Crops Up in Europe

Here’s a reason to postpone travel plans to Germany: A new kind of E. coli bacterium has been discovered and has already killed 18 people and infected more than 1,500, according to the BBC.

Posted on Jun 2, 2011 READ MORE



Bjoern Schwarz (CC-BY)

Germany Puts an Expiration Date on Nuclear Power

Just two and a half months after Japan’s nuclear disaster kicked off a global rethink, Germany’s governing coalition has committed to closing down all of the country’s nuclear power plants by 2022. Chancellor Angela Merkel says Germany will replace nuclear, which ... (more)

Posted on May 29, 2011 READ MORE



Wikimedia Commons

No Resolution Reached at Greek Austerity Summit

A group of Greek leaders fell short of reaching an agreement on Prime Minister George Papandreou’s austerity plan by week’s end, putting Greece on shaky ground in terms of the country’s chances of receiving more bailout funds from the IMF.

Posted on May 27, 2011 READ MORE



Libyan Intervention Exposes European Disunity

The European intervention in Libya has provided a needed practical demonstration of the European states’ ability to influence world affairs, while at the same time discrediting the expectation that the European Union itself can or will conduct a united foreign and security policy.

Posted on May 24, 2011 READ MORE


Strauss-Kahn Scandal an Embarrassment for France

What can only seem the irresistible self-destruction of Dominique Strauss-Kahn has already produced fundamental and irreversible consequences in France and Europe.

Posted on May 18, 2011 READ MORE


Mr. Big Takes a Perp Walk

At the time of the reported incident on Saturday, Dominique Strauss-Kahn was resident in a $3,000-a-night luxury suite at a posh Midtown Manhattan hotel. I didn’t think this was how socialists were supposed to roll.

Posted on May 16, 2011 READ MORE



Abode of Chaos thierry ehrmann (CC-BY)

Tourism Threatens Libyans’ Ocean Rescue

On Sunday thousands of locals and foreign workers in the Libyan coastal city of Misrata endured escalating attacks as pro-Gadhafi forces pummeled the area with rocket fire. Salvation is uncertain and comes only by sea, as the Geneva-based humanitarian group International Organization for Migration speeds a leased car ferry back and forth ... (more)

Posted on Apr 17, 2011 READ MORE


Unexpected Revelations in Libya Intervention

The always-implausible notion that the European Union could have a common foreign policy has been exploded.

Posted on Mar 29, 2011 READ MORE


Euro symbol
AP / Daniel Roland

EU Moves to Shore Up Bailout Fund

European Union financial officials meeting in Brussels have agreed on the setting up of a permanent bailout fund, even as Portugal reportedly teeters on the precipice of financial collapse.

Posted on Mar 25, 2011 READ MORE



tonystl (CC-BY-ND)

Scientists Predict the End of Religion in These 9 Countries

Researchers have adapted to religion a model used to forecast and explain the deaths of languages, and are predicting that in Australia, Austria, Canada, the Czech Republic, Finland, Ireland, the Netherlands, New Zealand and Switzerland, religion is destined for extinction.

Posted on Mar 22, 2011 READ MORE


The Libyan Question: Now What?

Neither Europe nor Washington has a United Nations mandate to depose and arrest Gadhafi and seek his indictment by international courts. Nor do they have a mandate to overturn the existing government in Libya, install a new one, build democracy, etc.

Posted on Mar 22, 2011 READ MORE


European Libya Watchdog

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Posted on Mar 22, 2011 READ MORE



White House / Pete Souza

Inconsistent Principles

There’s a problem when world leaders announce fervid support for universal principles: There is no way to avoid having those highflying words flung back at them at another time, during some other crisis, when they will have no choice but to lie or duck and scamper for cover. (more)

Posted on Mar 20, 2011 READ MORE



flo21 (CC-BY-SA)

Europe Hits the Panic Button Over Nuclear Power

The EU’s energy commissioner declared that all of Europe’s 143 nuclear reactors would be reviewed for safety and said of the Japanese crisis, “There is talk of an apocalypse and I think the word is particularly well chosen.” (more)

Posted on Mar 15, 2011 READ MORE


Worry

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Posted on Mar 11, 2011 READ MORE



Daniel Erwin (CC-BY)

Europe Cares About Privacy, Even If Europeans Don’t

In the age of oversharing, we take it for granted that our every status is up to date and hanging out for all to see. Privacy, we are told, is dead. But over in Europe, they have crazy new laws that actually restrict how businesses stalk us online. Communists.

Posted on Mar 8, 2011 READ MORE


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