Star economists and former national leaders now happily argue that resolving the eurozone debt crisis will eventually demand the surrendering of sovereignty to create a fully-fledged United States of Europe. However, as they press for the political integration they say is needed to prevent the currency union collapsing on an…
German Chancellor Angela Merkel’s party suffered an electoral setback in her home state Sunday, two years before a national vote and amid mounting criticism over her handling of the eurozone crisis. Key opposition parties took votes from her conservative Christian Democrats (CDU) in the poll, the latest in a string…
Gulf Arab states on Saturday turned up the heat on Damascus, joining a growing chorus of pressure after Syrian security forces shot dead at least 22 people as tens of thousands staged anti-regime protests. The six-member Gulf Cooperation Council called for an “immediate end to violence… and bloodshed.” Its statement…
NEW YORK (AFP) – IMF chief Dominique Strauss-Kahn will be charged with a “criminal sexual act, unlawful imprisonment and attempted rape,” a police official told reporters. Strauss-Kahn, widely expected to run for the French presidency next year, was detained Saturday and quizzed over an alleged sexual assault on a New…
BERLIN – German Chancellor Angela Merkel braced for a bitter setback Sunday as voters in a state her party has ruled for half a century headed to the polls in an election clouded by events in Japan. Merkel’s conservatives have ruled Baden-Wuerttemberg in southwestern Germany since 1953, but anger over…
PARIS (Reuters) – World leaders gathered in Paris on Saturday to discuss a coordinated military intervention in Libya, where Muammar Gaddafi defied the West with an advance into the rebel stronghold of Benghazi. U.S. Secretary of State Hillary Clinton, British Prime Minister David Cameron and French President Nicolas Sarkozy met privately and then sat down with Arab leaders, an African…
British Prime Minister David Cameron condemned his country’s long-standing policy of multiculturalism as a failure Saturday, saying it was partly to blame for fostering Islamist extremism. In a speech to the Munich Security Conference, Cameron said many young British Muslims were drawn to violent ideology because they found no strong…
NEW YORK (Reuters) – First lady Michelle Obama beat out heads of state, chief executives and celebrities to rank as the world’s most powerful woman in Forbes magazine’s annual listing on Wednesday. Kraft Foods Chief Executive Irene Rosenfeld, who led a hostile $18 billion takeover of Britain’s Cadbury, came in…