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On May 6, all eyes will be focused on the second round of the French presidential election, which Socialist challenger Francois Hollande is likely to win. Equally important for Europe’s future is the Greek parliamentary election scheduled for the very same day.
While markets are again correctly obsessing over Italy and Spain’s poor economic growth prospects, as reflected in markedly higher government bond yields for those two countries, they seem to have taken their eye off two upcoming political events that could usher in a new and more serious phase of the...
When the G8 major economies convened at Camp David last weekend, the continuing crisis of the euro, common currency of 17 European Union (EU) members, dominated the economic discussions. The agonies of Greece, badly divided in recent parliamentary elections, and forced to vote again on 17 June, were at the forefront.
Pakistani Prime Minister Yousaf Raza Gilani became a convicted felon last week, sparking loud cries from opposition leaders for his resignation. But what does his conviction really mean for Pakistani politics?
Just when it looked like the job market was going to rebound, recent unemployment numbers revealed a disappointing reality.
Export-related jobs are a huge and important driver of the U.S. economy, and the record of the Ex-Im Bank is clear: Using private funds and with minimal exposure to taxpayers, it has been a major driver of U.S. exports and a driver of jobs and corporate profits in the United States.
Sunday’s elections results in six European countries, particularly France, Greece and Germany, bode poorly for satisfactorily resolving the European Union’s ongoing financial and political crisis.








