Arab Gulf States Struggle to Agree on Missile Shield
The monarchies are uneasy about sharing data and cannot decide on the location of a central command.
News
Japan’s Central Bank Tries More Quantitative Easing
Cheap lending is a temporary fix. The government needs to tackle long-term impediments to growth.
Yemen’s New President Hunting Down Al Qaeda
Abd Rabbuh Mansur al-Hadi turns out to be a more dedicated partner than his predecessor.
In the Netherlands, Majority for Budget Deal
The conservative minority government reaches a budget deal with the opposition.
Portuguese Finance Minister Warns: No More Stimulus
Vítor Gaspar says Portugal’s deep economic recession is a “cautionary tale” of the failure of Keynesian stimulus policy.
Dutch Government, Opposition in Budget Talks
Mark Rutte’s caretaker government seeks opposition support for its spending plan.
“It’s Still About the Economy, And We’re Not Stupid”
Republican presidential candidate Mitt Romney announces “the start of a new campaign.”
Mexico’s Calderón Urges US to Enter Trade Talks
The Mexican president says the United States should join a trade agreement with other nations bordering the Pacific.
Hollande, Sarkozy Advance to Second Round
Incumbent Nicolas Sarkozy and his left-wing challenger, François Hollande, win the first round of France’s presidential election.
Dutch Budget Talks Fail, Elections Likely
Nationalists pull out of budget talks with the ruling parties in the Netherlands.
Gulf States Caught in Middle of Iranian-Saudi Cold War
Threatened by Iran, smaller Arab Gulf states are driven into Saudi Arabia’s arms.
Brotherhood, Spy Chief Exit Egypt’s Presidential Race
Khairat al-Shater and Omar Suleiman are barred from running for president in Egypt.
Vietnam, United States Announce Military Drills
Days after a Sino-Philippine standoff, Vietnam invites the United States for military exercises.
Violence Subdues in Syria, But Peace Plan Not in Place
The ceasefire has cut civilian casualties but Assad is still violating the Annan agreement.
Republican McCain Urges Obama to “Lead” in Syria
The Republican senator argues the United States should spearhead efforts to remove Assad.