Founded in 1967 - Incorporated in 1972
The mid-July headline of the German newspaper Sueddeutsche Zeitung (SZ) commenting on the two debt crises in Europe and the United States reads “The End of the World Is Near – But Only for You.” The article cleverly illustrates the deepening transatlantic gap when it comes to political and economic frames of reference. Americans are [...]
Germans have chosen to work; Greeks have chosen leisure. For this reason, Germans are furious with Greece for accumulating an unsustainable debt burden and thereby undermining the solidity of the European currency. But the self-righteous anger in Berlin may itself call into question the political basis of the Euro.
After three months in office, Barack Obama traveled to Trinidad and Tobago in April 2009 to attend the Fifth Summit of the Americas. Already his presidency had been consumed by issues of major importance, both at home and abroad; Obama no doubt spent his days thinking about the global economic crisis, wars in Iraq and [...]