After months of bitter wrangling with creditors and European Union authorities, the Greek government is being thrown yet another financial lifeline weeks after defaulting on a payment owed to the IMF. But of course, the lifeline is also a rope tethering Greece, and Americans should heed the lesson.
Once again, the Greek economy is weeks away from utter collapse, as Greece has run out of money to continue servicing its debt payments to international creditors such as the IMF, and once again, Eurocrats anxious to avoid a Greek default and exit from the Eurozone are trying to cobble together yet another deal.
Who should bear the blame when Islamic radicals from Arizona attack an anti-Muhammad event in Texas?
Spain's political leaders are using economic instability and the threat of terrorism as pretexts to roll back personal liberties — just like the American government has been doing.
Greece is flirting once again with default and withdrawal from the eurozone — and this time, Greece's leaders may be serious.
The Eurozone is not economically or politically tenable in the long run — unless European nations are willing to cede much more sovereignty and truly become a “United States of Europe” — says Andrew Bosomworth, managing director of the Pacific Investment Management Company (PIMCO), the world’s largest bond fund.
The Senate Intelligence Committee released a shocking 6,000-page report detailing the systematic abuse of “terror detainees,” yet many are defending the practices, up to torture.
The true-life story of American Olympic runner and World War II POW Louis Zamperini, Unbroken is an inspiring tale of human endurance. But on the whole, it fails to impress as a movie. Directed by Angelina Jolie, this film is as visually stunning as it is bereft of character development and heart.
The Hobbit: The Battle of the Five Armies is a fitting conclusion to Jackson’s six-movie Tolkien extravaganza. Where Jackson faltered from time to time in trying to capture the magisterial sweep of Tolkien’s grand saga of Middle Earth and the Ring of Power, The Battle of Five Armies very seldom falls short of Tolkien’s standard.