France’s Socialist President François Hollande rolls out a new version of his derailed 75% income tax proposal on top …
Business
CEO of U.S. Tire Company Gets into Fight with All of France
American CEO Maurice “the Grizz” Taylor’s bashing of France’s work ethic generates angry response from a proud and insulted country—whose productivity turns out to be better than conservative detractors admit.
Whoa, Nelly! European Leaders Scramble to (Sur)Mount Horsemeat Scandal
National governments and European Union officials continued scrambling to uncover any further cases of horsemeat in beef-based food products, while disgusted diners contemplate the safety of their food system
The European Slump: France Gives Up Lowering Its Budget Deficit
France’s ruling leftists concede they won’t meet 3% budget-deficit-reduction targets amid 2012 fourth-quarter growth numbers from across Europe indicating things getting worse, rather than better
Is the E.U. Nearing a Landmark Banking Deal?
European Union finance ministers announced unexpected advances towards a banking union designed to prevent the excesses that transformed Europe’s sovereign debt problem into the fearsome euro crisis.
The Problem of Clichy: After 2005 Riots, France’s Suburbs Are Still Miserable
Seven years after Clichy-sous-Bois errupted in rioting that spread across France, TIME returns to see whether billions in spending, years of policy debate, and national soul-searching has improved life in the blighted banlieues. …
It’s Official: Eurozone Enters Second Recession In Three Years
Despite positive growth in France and Germany, official figures show the 17-nation euro bloc sinking into its second recession since 2009—with experts warning the worst is yet to come.
France ‘Biggest Problem’ in Euro Crisis, Say German Officials
France smarts at German comments despairing French economic response to the euro crisis, and media reports contending Berlin is preparing a To-Do reform list for sluggish leaders in Paris.
A Smart Car Dream in Israel—Not So Smart, After All?
Better Place, an ambitious electric car enterprise, pinned its hopes on Israel—but the smart car revolution imagined there has fallen flat.
Behind the Story: TIME’s Krista Mahr Discusses How the Indian Government Became the Largest Employer in the World
TIME’s South Asia bureau chief talks about how she reported on the steps being taken by the Indian government to provide employment opportunities for every one of the country’s 1.2 billion citizens
Must-Reads from Around the World
Angola may be rich in oil, but it is also full of unexploded land mines
In Autumn’s Challenges, a Series of Existential Crises for the Euro
The fate of the euro will be repeatedly tested in coming weeks, as the European Central Bank, markets, legal experts and politicians all weigh in from opposing sides in the struggle to preserve the tormented common currency
Must-Reads from Around the World
Today’s required reading: The United States strikes strategic defense partnership with India, Vietnam’s political elite struggle to connect to the public and renewed violence further delays any chance of a solution to the Turkish …
