United States

Europe Agrees to $1 Trillion Bailout Fund for Euro

COPENHAGEN — European finance ministers agreed Friday to create a permanent bailout fund for the euro zone with temporary lending capacity of €800 billion, the latest signal sent by Europe to show its determination to overcome a two-year-old crisis of confidence. The decision gives Europe a so-called firewall against future […]

Symmetry of slaughter

By GWYNNE DYER ARABNEWS After Mohamed Merah died in a hail of French police bullets last week, people who had known him talked about “a polite and courteous boy” who liked “cars, bikes, sports and girls.” His friends had trouble believing that he had murdered seven people, including three children, […]