PARIS — The 17-country eurozone risks falling into a “severe recession,” the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe’s central bank to act quickly to keep the slowdown from dragging down the global economy.
May 22 2012 | Posted in
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BEIRUT — Syria’s main opposition council is crumbling under the weight of infighting and divisions over issues that cut to the heart of the revolution, including accusations that the movement is becoming as autocratic as the regime it wants to drive out.
May 17 2012 | Posted in
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PARIS — The day after Francois Hollande rode to power in France on a slogan of “change now,” the conversation in Europe was already different Monday: Austerity had become a dirty word.
May 7 2012 | Posted in
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PARIS — France handed the presidency Sunday to leftist Francois Hollande, a champion of government stimulus programs who says the state should protect the downtrodden — a victory that could deal a death blow to the drive for austerity that has been the hallmark of Europe in recent years.
May 6 2012 | Posted in
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NEW YORK — In a city understandably wary of low-flying aircraft, New Yorkers and tourists alike watched with joy and excitement Friday as space shuttle Enterprise sailed over the skyline on its final flight before it becomes a museum piece.
Apr 27 2012 | Posted in
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FRANKFURT, Germany — Europe’s plan to fix its debt crisis by imposing budget cuts frayed Monday. Heavy selling rocked financial markets, uncertainty gripped two governments, and the economic outlook darkened across the continent.
Apr 23 2012 | Posted in
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WASHINGTON — U.S. military leaders clearly expressed reluctance about using American might to stop the unending violence in Syria, insisting that diplomacy remains the best option to force President Bashar Assad to end the brutal crackdown on his own people.
Apr 19 2012 | Posted in
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How better to get settlers to move into uncharted and untamed lands than to promise them the sustainability and wealth that comes from the ownership of land? Give them the land for free on the promise that they will go and settle that land, turning it from wilderness to useable farmland, timberland or pasture. The policy worked for America, it worked for the Spanish in Florida and it worked for Mexico in parts of what is now the American Southwest.