Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic growth rates of previous years as eurozone recession and global slowdown stunt exports and investment.
We are living in the age of the technocrats. In business, Big Data, and the Big Brains who can parse it, rule. In government, the technocrats are on top, too. From Washington to Frankfurt to Rome, technocrats have stepped in where politicians feared to tread, rescuing economies, or at least propping them up, in the process.
Even as the United States accuses China of military espionage and worries about Beijing's more strident posture in the Asia-Pacific region, the ties between the armed forces of the two nations have been getting closer.
When embattled Internal Revenue Service official Lois Lerner was called before a congressional committee Wednesday, she declared that she had done nothing wrong — but said she did not intend to testify. Her defiance only turned up the heat from Republicans who have threatened to take her to court for misleading Congress.
With the White House already reeling from three major controversies, some Republican lawmakers are zeroing in on what they perceive is another possible scandal tied to U.S. President Barack Obama's landmark health reform law just as it nears implementation.
The most feared and effective rebel group battling President Bashar al-Assad, the Islamist Nusra Front, is being eclipsed by a more radical jihadi force whose aims go far beyond overthrowing the Syrian leader.
U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could trump all that — and provide another leg up for U.S. asset prices.
h no sign of an end to three mushrooming scandals, the White House acknowledged the rising political dangers on Wednesday by launching a concerted effort at damage control.
He may have been the first African-American president of the Harvard Law Review and taught constitutional law at the University of Chicago. He may have written a book extolling constitutional values in a democracy. And he may have run for president on a civil liberties banner, pledging to reverse the legacy of George W. Bush.
U.S. President Barack Obama learned on Monday what can happen to presidents caught up in allegations of scandal: they have to address them instead of anything else.