Economy & Business

German Economy Surges by Defying Stimulus Strategy: View from Europe

By Scott Bleiweis

Many of the world’s largest economies, the U.S. included, have trumpeted the necessity of increasing spending to jumpstart growth. Meanwhile Europe’s largest economy, Germany, defiantly stuck to its plan of spending cuts, limited unemployment benefits, and a focus on exports. Though widely questioned for its economically conservative policies, Germany is now having the last laugh: […]

Canada, EU on track for free trade deal in 2011: minister

By AFP

German Business Moves Beyond Russia to China

By Judy Dempsey, the New York Times

Former Foreign Minister: ‘Germany has found its place as Europe’s number one’

By Charlemagne, the Economist

From Charlemagne, the Economist:  Insults are being lobbed back and forth across the Rhine. The French cannot stop themselves from provoking the Germans.

Turning East, Turkey Asserts Economic Power

By Landon Thomas Jr., the New York Times

From Landon Thomas Jr., the New York Times:  For many in aging and debt-weary Europe, which will be lucky to eke out a little more than 1 percent growth this year, Turkey’s economic renaissance — last week it reported a stunning 11.4 percent expansion for the first quarter, second only to China — poses a […]

Two Competing Visions of a European Economy

By Steven Erlanger, the New York Times

From Steven Erlanger, the New York Times:  The market storm over the fate of the euro has calmed to prevailing winds, but there is considerable nervousness here over the economic health of Spain, the impact of austerity on long-term growth and continuing differences between France and Germany over the economic direction of the European Union.

In Europe, U.S. Allies Target Defense Budgets

By Stephen Fidler, Alistair MacDonald, and Patrick McGroarty, the Wall Street Journal

White House: Georgia’s security has improved due to the Russian reset

By Josh Rogin, Foreign Policy

Exploiting a Possibly Dangerous Summer

By Harlan Ullman

With official summer 12 days away, the temperature in Washington is already blistering. Whether this is a metaphor for an overheated political summer remains to be seen but signs and symptoms of lurking danger are in abundance. The consequences of the Gulf of Mexico oil spill will resonate for a long time. Already, the economic […]

Defense Spending and the Federal Budget Freeze

By Don Snow