Connect to share and comment

Opinion: A new "New Europe" is emerging

NEW YORK — As leaders of European Union states erected a wall of euros to defend the common currency from the Greek debt crisis on Sunday, the head of the EU’s most important economy decided she would go to Moscow instead. While investors continued to punish Greece for its profilacy, Angela Merkel, the conservative German chancellor, accepted Russian Prime Minister Vladimir Putin's invitation to the 65th anniversary of the end of World War II.

Ordinary Greeks angry at government and rioters

ATHENS, Greece — Outside the charred and blackened Marfin Egnatia Bank branch in central Athens, where three workers met a fiery death during a violent demonstration May 5, an impromptu shrine is growing. Thousands have left flowers, notes, teddy bears and votive candles, expressing their outrage that the protests against financial austerity measures turned deadly. Up and down the street, smashed windows still testify to the violence that rocked the city.

EU leaders defend the euro

The EU debates increasing maternal leave

BRUSSELS, Belgium — Some women have a lot more mother’s days than others. Glory Francke, an American teaching in Sweden, left her job when she had her first daughter in 2002 and remained at home and on salary through the arrival of her second daughter in 2003. Then she went to law school while her husband Filip stayed home nine months with the girls while getting paid.  Francke, now with a law degree and a little boy to boot, called the arrangement a “fantastic privilege.”

India: More mobile phones than toilets

BANGALORE, India — In populous India, more people have access to mobile phones than to toilets. Shocking as that statistic may be, a combination of social, cultural and economic factors are at play, depriving millions of Indians access to better sanitation. On the one hand, India has some 565 million mobile phone connections, covering roughly half the country’s 1.2 billion people. It is a country whose tech-savvy workforce provides sophisticated tech know-how to the rest of the globe.

As Russia releases Somalis, other "pirates" languish in jail

MOSCOW, Russia — When the Moscow University, an oil tanker owned by the Russian government, sent out a distress signal from the Gulf of Aden early Wednesday, a rescue plan emerged like clockwork.  The ship’s crew cut the power and hid in a saferoom as Somali pirates boarded the vessel, loaded with $52 million worth of oil destined for China. A nearby Russian warship, the Marshall Shaposhnikov, changed course and headed for the distressed tanker.

Top 10 photos: eurozone debt crisis

BOSTON — They were the first fatalities of the unrest gripping Athens — three workers killed Wednesday when protesters set fire to a bank building.

Jobswatch, cont.

Some, pehaps, mitigating news for the markets.... The U.S. job picture is improving. The government says 290,000 jobs were added to the world's largest economy last month. Most economists were expecting gains of around 200,000. With some revisions, that makes four straight months of job gains in the U.S. The unemployment rate, meanwhile, edged up to 9.9 percent. Here's an economist first take:

India autos: The death of the Ambassador?

BANGALORE, India — It was once the Grand Old Lady of the Indian roads, the drive of choice for India’s prime ministers, Bollywood stars, top bureaucrats and corporate chieftains. With its trademark balloonish shape and roomy interiors, the brawny Ambassador ruled the roads here for more than a quarter of a century. But since the start of India’s liberalization two decades ago, snazzier, sleeker and cheaper cars from a variety of global automakers have eroded the popularity of the Ambassador.

Corruption in Taiwan: The French connection

TAIPEI, Taiwan — His body was found bobbing in the surf off Taiwan's east coast in 1993. To this day, no one is sure exactly how or why Navy Captain Yin Ching-feng died. But many here have long suspected he was murdered because he was about to blow the whistle on massive corruption in a $2.8-billion deal that sold six Lafayette-class French frigates to Taiwan.
Syndicate content