Topic: European Union
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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6 factors that will determine concessions from Iran
Can war with Iran can be avoided? In recent talks with the West in Baghdad, Iran showed some greater flexibility about its nuclear program. But Iran has a history of trickery in the nuclear arena. Whether Tehran will cooperates with Western demands depends on the following six factors.
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Where gas prices are highest
Gasoline is a very visible price, and closely watched by many drivers. Petroleum prices impact many products, from food to industrial production. While the cost of crude is the major factor in gasoline price volatility, some countries levy taxes on fossil fuels. Here are ten countries where high gas prices are the norm, according to British insurance firm Staveley Head.
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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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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.
All Content
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Greece election results cause problems for bailout plans (+video)
Elections in Greece over the weekend saw both far-right and left-leaning politicians gain seats in parliament, setting up a fight over the country's economic future.
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Hollande wins French presidency, signals revisit of austerity (+video)
Socialist candidate François Hollande defeated incumbent Nicolas Sarkozy for the French presidency in a vote that could reposition how the country responds to the eurozone crisis.
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Serbia elections: a Milosevic ally vs. a pro-EU incumbent
A presidential runoff is expected on May 20, as both nationalist Tomislav Nikolic and incumbet President Boris Tadic are unlikely to get more than 50 percent of today's first round vote.
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The New Economy
Is US a model for austerity-wary Europe?
Despite its sluggishness, the US economy is growing while Europe's is contracting. A rising number of policymakers blame Europe's austerity moves.
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Netherlands bans tourists from buying marijuana. Yes, in Amsterdam, too.
The Netherlands has banned non-residents from buying marijuana in the country. Neighboring governments are pleased, but the country's coffee shop owners and opposition party are not.
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French candidate Hollande's projected win could change eurozone's course
French presidential frontrunner Francois Hollande, of the Socialist Party, could prompt major changes to the German-led austerity model, which much of Europe is already rising up against.
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Ukraine denies prison mistreatment of Tymoshenko
A Ukrainian prosecutor said Friday he is unaware of any alleged physical attacks on former Prime Minister Yulia Tymoshenko in prison.
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Ayatollah Khamenei gives Iran nuclear talks unprecedented legitimacy
Iran's supreme leader appears much more involved in current nuclear negotiations, meaning that any deal struck will not face resistance back in Iran. But he's also likely to press for a harder line.
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Latin America Monitor
Press freedom falls in Latin America, French journalist missing in Colombia
Freedom of the press is under threat in much of the Americas, according to a Freedom House report.
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Europe calls Euro 2012 penalty on Ukraine for treatment of Tymoshenko
With Ukraine and Poland preparing to host the Euro 2012 soccer championship, Europe sees it as an opportune time to pressure Ukraine over its treatment of opposition figure Yulia Tymoshenko.
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Finally, European debt crisis goes to the polls
Elections in France and Greece may help quell a rising sense of victimhood from this long euro crisis. Such popular sentiment is exactly what the European Union is meant to curb.
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If Hollande wins French election, Europe won't collapse – just shift a bit
Socialist François Hollande may well win the French presidential election. But don't expect a big brawl or gridlock with German Chancellor Angela Merkel over austerity and debt. Markets will keep Hollande in check. And then there's the tradition of German-French cooperation.
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Aung San Suu Kyi's historic moment: 5 things to know
Once possibly the world's best-known political prisoner, today Aung San Suu Kyi made the historic move to lawmaker, after a swearing-in ceremony at Myanmar's parliament in the capital of Naypyidaw. Here are five things about her.
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May Day: Around the world, anger and fear
Continuing economic turmoil around the globe gave this year's May Day rallies an undertone of angry class conflict.
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Aung San Suu Kyi ends boycott to make Myanmar parliamentary debut
Aung San Suu Kyi's boycott and subsequent compromise highlight the challenges facing the Burmese opposition as they make their long-awaited foray into the country's parliamentary politics.
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Spain enters recession; Dow and S&P 500 fall
Spain reentered a recession Monday, renewing fears about Europe's economic stability and sending stocks lower. The Dow fell 14 points to close at 13213; the Standard and Poor 500 index had its first monthly loss since November.
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Greek 'island of the blind'? More like 'island of welfare cheats'
On a Greek island, at least 600 are suspected of falsely claiming to be blind to get disability money. It's part of the rampant fraud that prompted Athens to halt payments to 200,000 last week.
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The Circle Bastiat
Argentina: Keeping up with the Chavezes?
President Cristina Kirchner's plan to seize a majority stake in oil company YPF SA, owned by Repsol YPF of Spain, is causing diplomatic tensions with Spain and the European Union.
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Will China punish the family of blind Chinese activist?
The European Union tells China to use 'utmost restraint' in responding to the escape of blind dissident Chen Guangcheng. Top British diplomat urges China not to harass Chen Guangcheng's wife and daughter.
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Cover Story
Is Myanmar about to rejoin the world?
One of the three most closed and isolated countries in the world is opening up. The long-repressed Burmese say it's unbelievable - but they want to believe in a new Myanmar.
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Global News Blog
Growing like gangbusters, Turkey says Western economies need 'serious reforms'
Turkey's Deputy Prime Minister Ali Babacan warned Friday that the US and Europe were not doing enough to resolve the core causes of the global economic slowdown.
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Taiwan set for Chinese invasion - of investors
Taiwan's economy is poised grow significantly this year as the island relaxes barriers to investment from its old rival, mainland China.
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What's to blame for melting Antarctic ice? (+video)
Like a hot beverage melts ice cubes, scientists have determined that warm ocean currents are thinning Antarctic ice.
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Argentina's move to nationalize oil firm YPF highlights Spain's decline
Spain used to be one of the most powerful economic forces in Latin America, but now it's struggling to punish Argentina for nationalizing a Spanish-owned oil producer.
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Lifted sanctions may mean opportunities for Myanmar
The European Union announced Monday that it was lifting sanctions to reward Myanmar for its recent political reforms.
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