American, British Navies Explore Carrier Cooperation
The two Atlantic navies intend to work together in developing the next generation of aircraft carriers.
News
France, Eurozone Nations Lose Top Credit Ratings
Austria and France could lose their top credit ratings.
Japan Agrees to Reduce Iranian Oil Imports
Japan follows Europe and the United States in imposing an oil embargo although it is quite dependent on Iranian crude.
Gingrich, Perry Question Romney’s Business Past
Mitt Romney’s fellow Republican candidates question his career as a venture capitalist.
Monti Asks Europe to Recognize Italy’s “Sacrifices”
Italy’s prime minister urged a more activist policy on the part of the central bank to reduce its borrowing costs.
Scotland Can Have Referendum on Independence
Britain allows Scotland to vote on independence. Around 40 percent want to secede.
Hope for Sarkozy Yet: Socialist Rival Losing Support
The French president is gaining ground on his challenger.
Mexico’s Peña Looks Certain to Win Presidency
The candidate of Mexico’s former ruling party is certain to win if the opposition fails to unite.
European Union Agrees to Iran Oil Embargo
To put pressure on the regime in Tehran, European nations agree to sanction its oil exports.
Spain’s Deficit Higher Than Expected, Taxes Hiked
Spain’s new government embarks on an austerity agenda with budget cuts and tax increases.
Pentagon Study Says NATO Messed Up
An internal Defense Department study reveals that NATO had a role in the death of twenty-four Pakistani soldiers.
Hungary’s Economic Policy “Increasing Erratic”
Hungary may be forced to tap into the EU’s bailout fund.
Azerbaijan, Turkey Sign Gas Pipeline Deal
In another blow to Russian energy politics, the two nations agreed to supply European markets with Caspian Sea gas.
Karzai Balks at Terms of Taliban Reconciliation
Negotiations between the Taliban and the United States broke down after the Afghan president rejected the terms of a ceasefire.
“Nuclear Submarine Should Be Sent to Falklands”
Britain’s former navy chief recommends the dispatch of a submarine to the South Atlantic.