As Greece waits for international inspectors to return to Athens this week for a fiscal audit that will decide whether it gets vital bailout money, deep distrust of foreign creditors sparked violent protests and transit strikes.Mass-transit workers were expected to hold a 24-hour strike Monday.
"Old Europe" is getting old, and fast.The share of seniors in the population of Western European countries is growing rapidly, due to a combination of increased longevity and low fertility rates.That fact is having two major effects on many economies within the European Union.
WikiLeaks founder Julian Assange found himself on the wrong side of an unauthorized leak of sorts on Thursday when his autobiography was released in Britain without his permission.British publisher Canongate decided to go ahead and release Julian Assange: The Unauthorized Autobiography
European governments seem to be having a hard time deciding whether to come together or drift apart at a time of economic uncertainty.Years from now, historians will no doubt say this was a crisis waiting to happen. The people who came up with the idea of a eurozone stopped halfway.
The world's major central banks are so worried about Europe's debt crisis that they are moving to shore up eurozone banks. The troubled banks hold billions in sovereign debt of Greece, Spain, Portugal and other struggling countries.Left unchecked, this crisis could spill over into the U.S. economy.
President Obama's policy of engagement with Russia has paid off in several concrete achievements, including a nuclear arms control agreement and greater cooperation on Iran and Afghanistan.But both supporters and critics of the so-called reset policy worry that further victories will be harder to wi