Word: crisises
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Europe's second error is to ignore its No. 1 strategic opportunity: Asia. A strong Asia-Europe partnership will yield positive dividends to both. A rising Asia welcomes European technology and culture and provides huge new markets for sophisticated European products. If Europe could think and act strategically, it would...
The E.U. underwhelms on other big issues. "When it comes to pressing international problems like Afghanistan, Pakistan or North Korea, the E.U. is either largely invisible or absent," wrote Grant in his essay, provocatively titled "Is Europe Doomed to Fail as a Power?" Lucio Caracciolo, editor of Limes, one of...
But that requires political leadership, which in much of Europe is lacking. Yes, Britain still sees itself as having a global role; so does France, whose President, Nicolas Sarkozy, has been active on issues from the Georgia war of 2008 to the consequences of a nuclear Iran. But the E.U...
Congress may be struggling to pass much legislation these days, but its members remain masters at summoning indignation. As political theater, the first few days of congressional hearings into Toyota's customer-safety crisis had it all: testy exchanges, Clintonian hairsplitting, obnoxious grandstanding--even multiple references to Marisa Tomei's...
Some Greek economists and business leaders believe that the medicine, though bitter, will eventually produce a healthier economy. "The crisis was inevitable," says Ioannis Kamatakis, CEO of MLS Multimedia, a technology company that produces GPS systems and translation software. "It represents a unique opportunity for Greece to turn the page...