The strange thing about last week’s Brussels compact is that it is irrelevant to the task at hand—avoiding collapse of the euro.
After months of political upheaval and chaos in the bond markets, few investors believe austerity programs are a route to growth and debt reduction.
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Whatever the spark, social unrest is the predictable result of conditions like poverty, discrimination and police brutality.
The bottom line on bailouts for Greece, Spain, Portugal and Ireland must be help, not punishment.
US drug reformers could learn a lot from Portugal’s successful decriminalization efforts.
In Afghanistan, Petraeus has proven himself a master of the incredible shrinking withdrawal date.
EU countries traded democracy for prosperity. These days, they're missing it.
The Treasury Secretary's decision to buy equity stakes in banks still fails to address the fundamental flaws in the system.
Tony Judt fears the twenty-first century has spawned a culture hell- bent on forgetting the past.
A fresh translation of a Portuguese classic offers a poignant portrait of a country's decline.


