Italy, Netherlands Reconsider JSF Purchases
As the costs of the F-35 fighter aircraft continue to mount, both Italy and the Netherlands are reconsidering their purchases.
Western Europe
The Failure of America’s Indirect Strategy
Why does president after president find himself in the very foreign entanglements their predecessors warned against?
Europe Should Be Thankful to Have Germany
Don’t blame Germany for Europe’s debt crises.
Ireland Announces Billions in Spending Cuts
In order to secure an international bailout, the Irish plan a combination of spending cuts and tax hikes.
Ireland Renews Fears of European Debt Crisis
As different countries in the eurozone struggle, pressure on Ireland to accept a bailout is mounting.
Can Sarkozy Save His Presidency Next Year?
Successes abroad could bolster the French president’s reelection chances in 2012.
Former Celtic Tiger Faces Deep Budget Cuts
Ireland must enact painful spending cuts in order to restore confidence in its economy.
G20 Unable to Agree to Balancing of Trade
G20 leaders failed to reach agreement on balancing the world recovery in Seoul but did attest their commitment to cooperation.
Surplus Economies Resist G20 Trade Accord
China and Germany resist an American effort to “rebalance” world trade in favor of net importers.
Cameron Promoting Trade with China
In Beijing, Prime Minister David Cameron called for a closer relationship between China and the United Kingdom.
World Critical of American Monetary Policy
From Europe to Russia to China, countries fiercely criticize the American Federal Reserve for its expansionary policy.
Britain, France to Pool Military Resources
Cameron and Sarkozy agree to improve defense cooperation between their countries.
Whatever Angela Wants, Angela Gets
Despite opposition from other European leaders, Angela Merkel got what she came for this weekend.
European Council Divided on Treaty Reform
European leaders discuss new measures to ensuring fiscal prudence.
Raising Europe’s Budget Controversial
Seven EU members oppose raising the Union’s budget for next fiscal year. They are three votes short of a majority.