Despite Cameron’s ‘Deal,’ a Brexit Could Still Cripple the EU
Prime Minister David Cameron cut his deal with the European Union late last Friday, making Britain a nation of “Ins” and “Outs” for the next five months. Should the EU’s most powerful member remain part of the union or go…
Greece, Britain, and the EU: A Tale of Two Exits?
A step at a time over the past seven years, the true victim of financial, economic, social, and now political crisis has emerged. No, it’s not the Greeks, or the Spanish or Portuguese, not the Irish or the Italians: It’s…
The Tory Victory Puts Cameron in the UK Hot Seat
The resounding victory in British elections last week giving Conservatives their first absolute majority in the House of Commons for almost two decades is the last thing Britain needs now. This is not a straight-out political judgment regretting Labor’s defeat…
Why ‘Bravehearted’ Scots Will Vote for Independence
Remember Paul McCartney’s odd protest song after Ireland’s “Bloody Sunday” in 1972? “Give Ireland back to the Irish,” it went, “make Ireland Irish today.” Now it’s Scotland’s turn. The Irish got it done with generations of grinding violence and then…
The Global Economy Takes a Baby Step Forward
It’s starting to look like that longed-for moment many of us thought would never arrive. Economies around the world have just clocked in with some good news. How shall we read it? It is too soon to declare we have…
Has Britain Gone to Pieces Over Exiting the EU?
David Cameron, Britain’s Conservative prime minister, has been bullied on the question of European Union membership. Hard-right Tories (and there are a lot of them) and aonce-marginal independence party now contrive to bring Britain to the brink of exiting the…
Cameron Rolls the Dice on Britain’s EU Future
Let there be no question about Britain. After Prime Minister David Cameron’s speech last week, there is a strong chance that the UK will abandon the European Union. Indeed, if a vote were held tomorrow Britons would choose by a considerable…
Has Britain Recovered or Simply Faked a Recovery?
Two recession strategies are competing ever more openly in Europe—two growth models and two economic philosophies that Americans should watch carefully. Just as the choice ahead could change the map of the European Union so could the election on November…
Britain is Odd Man Out in Europe’s ‘New Deal’
You cannot fault the Europeans for their timing. The agreement reached in Brussels on the euro last Friday came 20 years to the day after European leaders signed the treaties that created the single currency. And the pact euro zone…
Britain Reels from Brutal Austerity–GDP, Jobs Disappoint
This summer has seen Greeks rioting in the streets over austerity measures and now Italians having a bad case of agita as their economy teeters. But if Europe’s nerves are frayed, so are Britain’s. Although not part of the 12-nation…
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