Word: abouts
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The votes were undoubtedly there by the time the President spoke, but the speech solidified him in his party's esteem - just as the vote would anchor him in history. Obama became a very different President in the process. After a first year in office that promised consequence but never...
"I know this is a tough vote," Obama told the House Democrats, and, for many of them, it was - politically. But in another way, it wasn't: it was ground zero of what being a Democrat has meant for the past 80 years. It rectified an astonishing injustice in American...
That's why the U.S. is also moving to adopt "coalition of the willing" sanctions in conjunction with European allies - and, they hope, with support from Arab countries, although it's unclear whether such support would be forthcoming. The purpose of such measures would be to punish third-country companies...
The two leaders' respective supporters have upped the ante in the showdown this week. Bundesbank board member Thilo Sarrazin warned that if Greece cannot pay its bills, "it should do what every debtor has to do and file for insolvency." And the fiery Greek Deputy Prime Minister, Theodoros Pangalos, accused...
But even if Merkel says Greece is in no immediate danger, there are doubts about whether it can survive for much longer without outside financial help. Simon Tilford, chief economist at the London-based Center for European Reform think tank, says Merkel's brinkmanship is understandable given the political risks...