A wind of change is blowing through Iran, where hardline President Mahmoud Ahmadinejad faces an increasingly tough battle for re-election on Friday.
The Great Debate
Could Italy’s cash-strapped Fiat, Europe’s sixth auto maker, build a workable alliance with Chrysler and Opel to become be a profitable global player? Or would it be a marriage of losers, doomed to fail?
The foreplay to next month’s G20 summit is degenerating into a buck-passing exercise rather than crafting a Grand Bargain to save the world economy and regulate capitalism.
It works more like a sprinkler than a power hose, but the European Investment Bank has a role to play in preventing a financial inferno from sweeping across central and eastern Europe.
Arms control is back and will thaw icy relations between the United States and Russia this year, but how far the new detente goes depends on the truculent mood in Moscow.
An American president vowing to cooperate with the rest of the world would barely be news if it did not follow eight years’ of George W. Bush’s tenure in the White House.
Barack Obama says he will make Afghanistan the central front in his fight against terrorism but the incoming U.S. president will have to scale back the war aims he inherits from George W. Bush and redefine success.
The gas dispute between Russia and Ukraine that has left hundreds of thousands of Europeans shivering in the winter cold is bound to accelerate plodding European Union efforts to build a common energy policy.
The European Union is entering a lame duck year just as new challenges are mounting from Israel’s assault on Gaza, Russia’s gas cut-off to Ukraine and the impending inauguration of U.S. President Barack Obama.