Spain: the pain of austerity deepens

by Giles Tremlett January 2, 2013 (TSR) - Forget, for a moment, the Greek tragedy. The tale of social woe set to play out in Spain this year is both...

Italy’s Mario Monti runs for PM again: Pledges to head coalition of centrists, infuse...

December 30, 2012 (TSR) - Italy's caretaker Prime Minister Mario Monti said Friday that he would head a coalition of centrists after meeting a group of business and political...

In France and in Europe, Poverty and Inequality Grow As Unemployment Grows

Original L'Humanité article in French by Pierre Ivorra, Translated by Gene Zbikowski and Reviewed by Bill Scoble December 12, 2012 (TSR) - In France, a 0.5% fall in household purchasing...

Merkel to warn Netanyahu: Promote peace process or face world seclusion

December 5, 2012 (TSR) - With Israel and European Union states embroiled in a diplomatic crisis, Prime Minister Benjamin Netanyahu is scheduled to meet with German Chancellor Angela Merkel...

No Deal: EU in discord as leaders fail to agree on €1 trillion budget

November 23, 2012 (TSR) - Fractious two-day talks on the new seven year European Union budget have collapsed in Brussels with sides no closer to agreement than before the...

Norway donates over $12 million dollars to demining in Peru/Ecuador border

September 22, 2012 (TSR) - The Permanent Observer of Norway to the OAS, Ambassador Wegger Christian Strommen, made the donation to OAS Secretary General Jose Miguel Insulza during a...

Russian Goodwill in Action: Russia writes off 90% of North Korean’s $11bn debt

by Lady Michelle-Jennifer Santos, Founder & Publisher September 18, 2012 (TSR) - Russia cancelled 90 % of the 11-billion-U.S.-dollar debt owed by the Democratic People's Republic of Korea (DPRK) to...

Moody’s EU outlook goes ‘Negative’, Eurozone Break Up Looms

September 4, 2012 (TSR) - Moody's Investor Service has lowered the EU’s triple A rating outlook to negative, warning it might downgrade the bloc if it decides to cut the...

European Union’s Delays as Impediment for Kosovo

by Hashim Thaci, Prime Minister of Kosovo August 31, 2012 (TSR) - The era of bloody inter-ethnic wars in the Western Balkans has ended in the last century; however, the...

Poor Eurozone: Unilever to treat Europe as Emerging Market like Asia

August 30, 2012 (TSR) - For all the negativity in Europe these days, the terms used in the euro-crisis debate have been surprisingly optimistic. Across the common currency zone,...

Eurozone and Spain: The Euro is not in trouble. People are!

by Prof. Vicente Navarro, Spanish Political Scientist and Economist August 22, 2012 (TSR) - One of the phrases frequently written in economic circles in the United States (and to a...

Why America instigated “Arabspring” and Destabilizations Worldwide? CHINA is a Closeted World’s No. 1...

July 31, 2012 (TSR) - While the IMF forecasts that China will surpass America as the world’s top economy in 2016, it may have already become dog top. As Arvind Subramanian – former assistant director...