German Chancellor Angela Merkel Merkel pushed to get the German parliament to approve last month's nearly $1 trillion bailout for Greece. Some economists argue that it would have been cheaper to let Greece default and then bailout European bank bondholders.
A Sun Bear is fed an orange by a zoo keeper, at the Henry Doorly Zoo in Omaha, Neb., on Friday. Omaha's Henry Doorly Zoo has released a $175 million master plan that will add a parking lot where Rosenblatt Stadium now sits and an African grasslands exhibit on the east side of the zoo.
European governments and their citizens appeared united in their criticism of an Israel raid that killed at least nine activists on the so-called Freedom Flotilla seeking to bring humanitarian aid to Gaza.
France and Germany disagree over the best way to handle Europe's sovereign debt crisis and their collapsing common currency, the euro. Some analysts think it could strain European unity.
Resistance grows across Germany to bailing out other debt-ridden countries. Will Germany drop the euro?
Workers took to the streets of Athens today to protest the government budget cuts demanded in exchange for the $140 billion Greece debt bailout. While some feared a repeat of violent May 5 demonstrations, the protest was peaceful.
As NATO gets a strategic overhaul, Western allies must rebuild an international order that protects and promotes prosperity and security in the 21st century.
The US put $700 billion into a bailout of US banks during the financial crisis. Now the nations of the euro zone are proposing a similar bailout fund – €750 billion – to deal with the Greek debt crisis.