Spain’s national soccer team wins an unprecedented third-straight international title with Sunday’s 4-0 European Championship win over Italy, and gives fans new reason for joy–and hope–amid the crushing euro crisis.
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E.U. Summit: Up All Night, But Consensus Finally Reached
Billed as the “last chance” summit to contain the escalating euro crisis, the meeting of EU leaders produces measures to relieve short-term financial pressures on vulnerable members, and lay the framework for significant …
Must-Reads from Around the World, June 26, 2012
Today’s global stories delve into the prospects for peace in Kashmir, Paraguay’s presidential impeachment and the Queen’s historic visit to Northern Ireland.
Must-Reads from Around the World, June 22, 2012
Today’s picks: a week to save the Euro, Putin heads to Jerusalem and China’s military tries to clean shop.
Italy’s Mario Monti: Dented Armor, but Still the Only Knight to the Rescue
The nonpolitician who became Prime Minister has been bogged down by — surprise — politics. But the pols know that if they don’t play nice, the economy will eventually get all of them
Hollande’s Socialists Win Parliamentary Majority in French Elections
The French parliamentary elections hand Socialists and their leftist allies the large majority that President François Hollande needs to pass progrowth policies — and challenge German Chancellor Angela Merkel’s austerity …
“Have you looked around here? The market is half-empty. And if a market like this is half-empty it means that business in general is going to pieces.”
What French Anti-Terrorism Forces Learned from the Toulouse Killing Spree
More young radicals are following in the footsteps of Toulouse killer Mohamed Merah by traveling from Europe to al-Qaeda training spots on their own, instead of through established terrorist networks
Spain Doesn’t Want a Bailout — Just Send Money. Now!
Hesitant to apply more austerity, the fourth largest economy in the E.U. could get what it wants — direct injection of funds into its banks, not a bailout. It may just be too big to fail
Must-Reads From Around the World: June 1, 2012
Blame, Banks, and Bailouts – As it emerges that Spain’s foundering banks may soon need a bailout, the New York Times argues that the cost of this rescue would leave “little behind should investors turn on Italy next” and …
Must-Reads From Around the World, May 28, 2012
Syrian Massacre – The U.N. Security Council on Sunday condemned Bashar al-Assad’s government for its use of tanks and artillery against civilians during Friday’s Houla massacre that left at least 108 villagers dead. …
Must-Reads from Around the World, May 22, 2012
Summit Struggle – Ahead of Wednesday’s crunch E.U. summit, Der Spiegel reports that new French President François Hollande will pressure German Chancellor Angela Merkel to agree to euro bonds, which she has so far strictly …
Earthquake in Northeast Italy Kills 4, Cracks Bell Towers
A 6.0 magnitude temblor in the Bologna region killed four and damaged historic buildings.