Germany has taken the clear lead as the European sovereign debt crisis unfolds. This is an obvious outcome because of Germany’s relatively tight rein on government deficits and its policies that have made it Europe’s toughest competitor. Germany’s clear ascension is both good news and bad for Europe, and a …
The proposed €110 billion ($140 billion) Greek rescue package announced on Sunday may well not survive the week. Watching public sector workers storming the Acropolis in protest at proposed government spending cuts and tax increases, raises the question of whether the Greek Government itself can survive. Eurozone countries have agreed …
The tentative nuclear deal that the P5+1 (the five permanent members of the U.N. Security Council plus Germany) reportedly has reached with Iran has been widely hailed as a success for the Obama Administration’s engagement policy. For example, today a Washington Post article described the deal as “providing a major …
Members of Congress like to play games and they like to spend money. What better analogy to use to describe Congress’s proposed green energy policies than the Price is Right? As Congress seeks to implement policy that would create green jobs by mandating renewable energy projects, three cautionary European tales …
The dramatic surge in support for Germany’s pro-business Free Democratic Party (FDP), which received “a record 14.6% of the vote” according to the Wall Street Journal in elections on Sunday, September 27, has given Angela Merkel a second term as German Chancellor via the center-right coalition that the FDP will …
MOSCOW – The Kremlin has not had a good week with its putative allies. Russia’s ban on imports of Belarussian dairy products (under claims they failed technical requirements) has stirred a strong political response from Minsk. The excuse of their failure to meet technical requirements has stirred a strong political …
