Topic: Europe
Top galleries, list articles, quizzes
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Briefing
What would happen if Greece exited the eurozone?
Rumors are rife of a Greek exit from the eurozone. While no country has yet dropped the common currency, there are some indications of what will transpire if Greece does.
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3 ways the US can start an economic 'reset' with Russia
After Russian President Vladimir Putin canceled his trip to Camp David for the G8 Summit this weekend, tensions between Russia and the US are running high. The United States must design a new relationship with this often difficult leader and his country. Washington needs a new reset that includes these three key components:
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Israel's coalition government: Israeli and Arab media react
Israeli Prime Minister Benjamin Netanyahu surprised Israel (and its Arab neighbors) when he announced the creation of a unity government on May 8: Israeli and Arab media react.
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Hollande's victory: The world ponders a major shift
François Hollande's victory may represent change for not just France, but Europe as a whole.
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Top 5 ways to save on your summer vacation
If you're pining for a summer vacation but worried about costs, consider how Wayne and Pat Dunlap of Del Mar, Calif., managed to tour 51 countries over two years, marvel at the Egyptian pyramids, scale a New Zealand glacier, and visit Laotian Buddhist monks all for less than $100 a day. "We often stayed at guesthouses and hostels, ate at local family restaurants, took public transportation, and in some cases, traveled on cruise ships offering reduced rates," says Mr. Dunlap, author of the travel book "Plan Your Escape." This year amid price worries and higher summer airfares, especially to Europe such ingenuity could prove essential. Here are five cost-cutting strategies that can help:
All Content
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Robert Reich
America's high wire act: The economic recovery stalls
According to today's jobs report, the nation is perilously close to falling into another recession as the unemployment rate rises for the first time in almost a year and the latest payroll survey shows minimal growth.
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Love, Fiercely
'Love, Fiercely' is evocative and often captivating, but Zimmerman is forced too often to speculate about her historical subjects.
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The Daily Reckoning
Retreat from stock market, impending European implosion worrying
An overall retreat from the US stock market, coupled with worries of a global recession and bear market has Bonner predicting investors won’t be getting off the hook very easily. The odds are high enough for him to advise wise investors to start looking for cover.
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On Diamond Jubilee's eve, diverse Britain seeks unity in Queen Elizabeth
Some say monarchy is a rare unifier in a land absorbing large numbers of immigrants. 'She will become my queen, too,' says newly minted Briton Youssef Siblini.
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The New Economy
US jobs report: a cold blast of fear
US adds only 69,000 net jobs, the smallest gain in a year. Employers pull in their horns in the face of fears over the eurozone and worries about the US elections and the expiration of tax cuts.
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What the transit of Venus tells us about alien planets (+video)
The transit of Venus will help astronomers on the hunt for planets outside of our solar system.
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Is Breivik sane? Norway can't decide
Anders Behring Breivik's trial hinges on his sanity. Friday, the Norwegian Forensic Board said it's still uncertain about his state of mind after two psychiatric assessments.
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How to watch the transit of Venus online (+video)
Don't have the necessary solar filters to watch the transit of Venus? Instead of staring directly at the sun, try watching it on the Web.
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Poor unemployment report points to troubled US economy
The US added 69,000 jobs in May, the Labor Department reported Friday – the third straight month of disappointing jobs numbers. The unemployment rate edged higher, to 8.2 percent.
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US economy weakens, unemployment rate rises to 8.2 percent (+video)
US employers added just 69,000 jobs in May, the lowest number in a year. The economic slowdown is bad news for President Barack Obama ahead of the November elections.
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Spain capital flight doubles as risk of European bailout rises (+video)
Capital flight from Spain has doubled to a new record and the country has demanded the European Central Bank recapitalize its teetering financial system, warning that the alternative is a broader bailout that could rock the European economy.
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Robert Reich
US wages and Europe's austerity: the perfect storm
What if Europe and the US converged on a set of economic policies that brought out the worst in both – European fiscal austerity combined with a declining share of total income going to workers? Given political realities on both sides of the Atlantic, it is entirely possible.
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Sell in May and go away: Stocks close dismal month
With a disappointing finish on Thursday, the stock market closed what was by some measures its worst month in two years. The Dow closed down 26 points on Thursday to end the month at 12393.
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SpaceX Dragon cargo ship splashes down in Pacific Ocean (+video)
The SpaceX Dragon capsule, a privately owned spacecraft, returned to Earth Thursday from the International Space Station
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As Ireland votes on EU treaty, many ask if it's worth cost of membership (+video)
The strict rules of the EU fiscal treaty Ireland votes on today essentially block stimulus spending, and many Irish worry the country is stuck in an austerity-driven slump.
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Bruce Springsteen blasts bankers in Berlin concert
The Boss goes off on "greedy thieves" and "robber barons" in fluent German during his Berlin concert. Bruce Springsteen returned to Berlin, where he played a July 1988 concert behind the old Iron Curtain in East Berlin.
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SpaceX Dragon capsule homeward bound
The SpaceX Dragon capsule will splash down in the Pacific this morning. The Dragon capsule is returning with nearly 1,400 pounds of old space station equipment and some science samples.
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Greeks shrug off Europe's warnings that turmoil could get worse (+video)
Europe's dire warnings to Greece about the consequences of a potential default engender little fear among Greeks, who say the worst has already arrived.
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EU calls for "banking union" to fight debt crisis
The European Commission proposed Wednesday that such a body should oversee banks directly, sidestepping national governments.
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As fears about Europe's future worsen, the Dow closes down
Fearing a financial rupture in Europe, investors around the world fled from risk Wednesday. They punished stocks and the euro, and the yield on a benchmark US bond hit its lowest point since World War II. The Dow closed down 161 points to land at 12419.
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The Daily Reckoning
New signs of global slowdown darken analyst's economic outlook
Data released this week may show new signs of a global slowdown. But one analyst isn't surprised. From the tech bubble burst to the housing collapse to the resurgence of gold, he's been (mostly) right. Not that he's saying 'I told you so.'
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Briefing
What would happen if Greece exited the eurozone?
Rumors are rife of a Greek exit from the eurozone. While no country has yet dropped the common currency, there are some indications of what will transpire if Greece does.
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Facebook opens office in Dubai
Facebook established an office in the Middle East for the first time on Wednesday, in Dubai's Internet City.
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Backchannels
The horror in Syria, the cold realities of international action
Syria's civil war is horrific, with most of the crimes committed by the Assad regime and its supporters. This may lead to moral clarity, but not necessarily to international military action.
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Progress Watch
Saudi girls find freedom in cleats
A high-energy evening soccer game between two girls' teams is part of a growing female sports movement in conservative Saudi Arabia.
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