Europe

Italy and Ireland in Free-fall

Europe’s crisis took a dramatic turn for the worse with the sudden awareness, reflected by a steep increase in government bond yields, that...

Charles Scaliger July 14, 2011

Court Upholds Swiss Ban on Minarets

James Heiser July 14, 2011

Twenty months have passed since the citizens of Switzerland voted to amend their constitution and ban the future construction of Muslim minarets, but...

British Retirees (“Pensioners”) Costing Too Much

Bruce Walker July 14, 2011

The notion that government can keep robbing Peter to pay Paul indefinitely was always unrealistic. The creation of “entitlements” did not happen in...

Growth Estimates for PIGS Revised Downward — Again

Bruce Walker July 13, 2011

There is a theme to news stories about the PIGS (Portugal, Ireland, Greece, and Spain) in the last few years: Rosy projections always...

EU Economic Crisis: Italy’s Debt Now Second Only to That of Greece

Charles Scaliger July 12, 2011

Europe’s slow-motion economic collapse continues apace as Eurozone governments and banks continue to wring their hands over what to do to postpone the...

Roman-era Wreck May Hold Key to Cures for Modern Disease

Joe Wolverton, II, J.D. July 11, 2011

Pills found on board a 2nd century B.C. shipwreck were packed with crushed carrots, parsley, onions, alfalfa, and other vegetable matter, conforming to...

EU Bank Raises Rates, Accepts Portugal’s Junk Bonds as Collateral

Bruce Walker July 8, 2011

Americans know the term "stagflation"; the decline in economic activity accompanied by an artificially inflated money supply is what Europe is presently experiencing....

Britain May Allow Abortion Ads on Television, Radio

Dave Bohon July 7, 2011

The British government has given the nod for abortionists to hawk their services on the “telly.” As reported by the London Telegraph, “Private...

Danes Reassert Control of Borders

R. Cort Kirkwood July 7, 2011

Denmark has imposed border controls to stop uncontrolled immigration. ...

Portugal’s Government Bonds Now at “Junk” Status

Bruce Walker July 7, 2011

Wednesday, the financial crisis which is threatening all Europe deepened, as the rates for Portuguese government debt instruments jumped higher based upon a...

Greek Austerity to Be Enforced German-Style

Bob Adelmann July 5, 2011

Eurogroup President Jean-Claude Juncker said in an interview over the weekend that the austerity measures being imposed on Greece in exchange for additional...

Poland’s Parliament Considers Total Abortion Ban

Dave Bohon July 5, 2011

Thanks to a massive grassroots pro-life campaign, lawmakers in Poland have cast an initial vote in favor of legislation that would ban all...

Greece Passes Austerity Bills in Spite of Massive Protests

Raven Clabough July 1, 2011

Unwilling to be intimidated by the often-violent mass protests of radicals, Greek lawmakers passed yesterday the second and final austerity bill that was...