February 02, 2012
Vast hordes of paparrazi across the world will do almost anything to get shots of the rich and the famous -- the more candid, the better. As demand for such photos grows, the payoffs get bigger and the trade more brazen.more...
Josef Ackermann is leaving a drastically different Deutsche Bank behind than the one he took over a decade ago. His successors are likely to continue to steer the financial institution in the direction of investment banking.more...
A tragic conclusion to a local Egyptian football match in Port Said left at least 74 dead following clashes and riots between rival fans. The home fans invaded the pitch following the final whistle and violent clashes between the traditional rivals ensued. more...
February 01, 2012
German Chancellor Angela Merkel is in China. She hopes to persuade the Chinese leadership to have more confidence in the euro zone.more...
A biotech labratory in Oxford has succeeded in creating genetically modified mosquitoes that only produce dead offspring. Mass releases of the creatures, however, have some scientists worried.more...
January 31, 2012
Russian presidential candidate Mikhail Prokhorov, one of the world's richest men, has supporters among the Moscow protesters and oligarchs tired of Vladimir Putin. Some see him as a Kremlin puppet, but he is challenging Putin in the campaign by calling for more privatization and less government.
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One year after the revolution, Egypt may have a parliament, but it still has a long way to go before it can call itself a true democracy. The ultra-conservative Salafists have misgivings about the parliamentary system, while secular politicians worry that the Muslim Brotherhood and the military council are making deals behind the scenes.more...
The concentration of naval power in the Strait of Hormuz is heightening the risk of a fourth Gulf war, even though the show of force may be nothing more than posturing by the West and Iran in the run-up to negotiations. The stretch of water, 34 miles at its narrowest point, is the aorta of the oil trade.more...
Autocrat Moammar Gadhafi may be gone, but building a new Libya will not be easy. Protests have continued in the country as many question the competence of the Transitional Council.more...
January 30, 2012
The uprising in Syria is more than 10 months old, but the international community still has no strategy for confronting it. Violence over the weekend have many hoping anew for a United Nations Security Council resolution.more...
Europe's politicians are losing touch with reality. Greece is broke, and yet Brussels wants to send the country billions in new loans, to which there is growing opposition within the coalition government in Berlin. Rescue efforts are hopelessly bogged down by bickering over who will ultimately step up.more...