Category: World News

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Killing Greece and the European Project

Paul Krugman, The New York Times. Suppose you consider Tsipras an incompetent twerp. Suppose you dearly want to see Syriza out of power. Suppose, even, that you welcome the prospect of pushing those annoying Greeks out of the euro. Even...

The Changing Global Economic Order

Japan and Britain have responded in completely different ways to the China-led initiative to create the Asian Infrastructure Investment Bank (AIIB), which the United States has opted not to join. In a rebuff to the U.S., Britain was the first...

Merkel and Tsipras

Angela’s Ashes: How Merkel Failed Greece and Europe

Angela Merkel relishes her reputation as queen of Europe. But she hasn’t learned how to use her power, instead allowing a bad situation to heat up to the boiling point. Her inability to take unpopular stances badly exacerbated the Greek...

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A Way Out for Greece

The Greek crisis is a tragedy for the country and a danger for the world economy. Germany is demanding that Greece continue to service its debts in full, even though Greece is clearly broke and the International Monetary Fund has...

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