Nations are falling behind in efforts to slow climate change, the UN warns in a draft report, and must dramatically reduce carbon emissions in the next 15 years. That is proving difficult as the world's major economies rebound from a global recession.
In an unusual criticism of Germany's economic path, a US Treasury report goes against decades of cooperative consultation among friendly, wealthier nations to help drive global growth.
Germany's Sept. 22 elections seem set to return Angela Merkel for a third term. Her leadership style has become indispensable to Europe's future. Why are her qualities of character so effective?
Many Europeans are finding ways to 'get away' despite the eurocrisis – but their tactics span the spectrum.
Although experts predicted that European countries would not be able to eliminate their deficits while Germany kept up its surplus, Karlsson notes that exactly that has happened: several countries, including Spain, Portugal, and Italy, are all back to reporting budget surpluses.
Asset reflation has allowed the US to slowly pull out from the recession, while spending cuts across Europe have crushed recovery, Brown says. Depending on the outcomes of elections in Germany, Europe may begin pursuing much looser monetary policies.