Spanish Debt Problems Grow
Spanish Prime Minister Mariano Radjoy obtained a $125 billion bailout for Spanish banks, intending to quiet the fears of investors, but the loan...
Europe
Spanish Bailout Just “a Credit Line,” Says Spain’s New Prime Minister
Following another last-minute late-weekend meeting of European Finance Ministers, Spain’s new Prime Minister Mariano...
Germans Resist Euro Bonds as an Answer to Sovereign Debt Problems
As the PIIGS nations — Portugal, Ireland, Italy, Greece, and Spain — face the...
Spain’s Treasury Secretary Calls for Help
As Spain prepares for a major market test as it tries to access capital...
Bulgarian Officials Persecute Pastor over Homeschooling
Authorities in the former communist nation of Bulgaria are reportedly persecuting a pastor and...
WikiLeaks Chief Assange Loses U.K. Extradition Battle, Fears U.S. Charges
Following a high-profile legal battle that raged on for more than a year and...
EU Plans to Impose National Internet IDs
While the European Union — many of whose member states are facing dire economic...
Italy Teeters on the Edge
The newest edition to the list of wobbling fiscal systems is Italy, the fourth...
Potential Bank Runs in Greece Spark EU Contagion Panic
As the prospect of Greece leaving the eurozone dominates headlines around the world, Greeks...
Eurozone Teetering on the Edge of Recession
The latest numbers on the Eurozone economies are showing nothing, with an official recession...
UK Leader in European Parliament Says EU on the Verge of Cataclysm
In an impassioned plea before the European Union’s so-called “Parliament,” United Kingdom Independence Party...
French Muslims Overwhelmingly Supported Socialist
In France, a supposedly-secularized ‘modern’ nation, one's religious beliefs were overwhelming significant in choosing...
Russia Celebrates Victory Day with Military Parade
On Wednesday, Russia commemorated the 67th anniversary of the Soviet Union’s victory over Nazi...
Election Results in France: Austerity, No! More Spending, Yes!
On Sunday French voters, angry over austerity measures, replaced President Nicolas Sarkozy with Socialist Francois Hollande....
Euro Zone Manufacturing Down Sharply
The "Euro Zone" is faltering, as Markit’s Eurozone Manufacturers Purchasing Managers’ Index or PMI...
Chicago Prepares for NATO Summit
In anticipation of the NATO Summit, which is to be held from May 20...
Political Pushback to Austerity in Europe is Increasing
Last Thursday's two-notch downgrade of Spain's sovereign debt by Standard and Poor's credit rating...
NATO Summit in Chicago: Putin, Afghanistan, and Convergence
"NATO will be holding its 25th summit in President Obama's hometown of Chicago, United...
German People Not Happy With Bailouts
The sovereign debt crisis in the European Union can be summed up fairly simply:...
Norway Killer Cites U.S. Policy, Claims Attack Was “Preemptive Strike”
Norwegian terrorist Anders Breivik (left), currently on trial for a bomb attack in Oslo...