German lawmakers have voted to back the second EU/IMF bailout for Greece. Until now, most German politicians have been saying Greece must stay in the eurozone. However, some might now be changing their tune.
Congress has narrowly avoided a global financial crisis by taking a cue from Europe. Both regions are kicking the can down the road, rather than finding lasting solutions. Short-term fixes, though, may lead to long-term decline for the West.
European leaders agreed Tuesday to impose tough economic sanctions against Russia. The new measures are designed to place broad pressure on the Russian economy and force Vladimir Putin into de-escalating tensions in eastern Ukraine. But will the new measures work?
The European Union today leveled a record 1.5-billion dollar fine against software giant, Microsoft, for failing to comply with a 2004 ruling on anti-trust activity, as The World's Clark Boyd has details.
UK Prime Minister David Cameron told Syria's "criminal regime" that it must face justice "for the blood that is on your hands". He also urged Russia and China to look hard at the suffering in Syria and reconsider their support for the Syrian government.