Italy

Is Italy the Next Greece?
August 09, 2011

While the United States resolved its own (manufactured) brush with default last week, global stocks have continued to slide on the more legitimate threat posed by the sorry fiscal state of several European countries. Greece was the recipient of a major euro zone bailout at the tail end of July—but concerns over its financial stability remain. Spain and Portugal are also facing serious questions, as are Ireland and Iceland.

The Norway Attacks Reveal the Parallels Between Islamists and Islamophobes
July 25, 2011

Last week’s heart-breaking massacre of teenagers and others in Norway makes it dismayingly clear that the religious warfare at the heart of Al Qaeda’s crusade against the West and its supporters has now found its mirror-image not in the random act of a deranged lunatic, but in a meticulously planned execution of the anti-Islamic ideology that has been spreading like a poison throughout European political culture for at least a decade.

London Dispatch: How the Murdoch Scandal is Changing Britain
July 20, 2011

Two weeks ago, Britain was a nation lost, permanently ill at ease, with a mutant, hybrid government and an air of meekness and gloom. There wasn’t anything to distract us, to feel particularly ashamed or proud of—everything was just a bit depressing. Nine out of ten news stories were about Kate Middleton’s hats (too Canadian?) or clavicles (too pointy?). In Europe, we would have just looked insensitive if we had complained about our dull, entrenched problems, given the exuberant sleaziness in Italy and chaos in Greece.

Stop Blaming Wall Street
July 14, 2011

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Stop Blaming Wall Street
July 13, 2011

As the U.S. economy fails to recover, there is a growing fear that the United States has entered a phase of long-term decline. Conservatives blame “big government” for throttling entrepreneurship; liberals tend to take aim at Wall Street.

The U.S. and E.U.: Have They Ever Been in Such Terrible Shape?
June 23, 2011

This is no time for gloating, neither for Americans nor for Europeans. For both sides are in deep economic trouble, only in different ways. The U.S. runs the worst deficit (as share of GDP) since World War II, and yet Keynesianism to the max won’t budge the unemployment rate—pace Professors Krugman and Stiglitz. What does fall is the dollar and the price of real estate, a double-whammy if ever there was one. The euro, meanwhile, may be rising, at least against the greenback, but the common currency, now ten years old, is about as stable as was Confederate script back in the Civil War.

TNR Film Classic: Greta Garbo (September 28, 1932)
June 18, 2011

Since Miss Greta Garbo came to America some years ago, her fame has grown and grown. In her last picture, a Hollywood and rather nursery version of Pirandello’s “As You Desire Me,” she has come to the end of her contract and to her highest success; the piece has passed from one end of country to the other in triumph, and Miss Garbo has gone back to Sweden, to return or not to return as the case may be. During all this time her position has steadily advanced.

Rejoicer Beware
May 30, 2011

What is it about international justice that impels so many intelligent and politically sophisticated people to spout so much utopian nonsense? Anyone doubting this needs to look at the statements that have been pouring like rain out of the United Nations, and out of the major human rights organizations like Amnesty International and Human Rights Watch, about the arrest of Ratko Mladic, the commander of Serb rebel forces during the Bosnian War and architect of the Srebrenica massacre, in which 8,000 Bosniak men and boys were murdered in cold blood.

The Bronx Zoo Cobra Is Lonely
March 31, 2011

Six days and one Twitter account after escaping from its cage, the Bronx Zoo's Egyptian cobra has been found. Zoo staff found the cobra by itself in a dark corner of the reptile house, putting to rest local parents' fears that the cobra was roaming the area.

Qaddafi's War
March 22, 2011

The crazed colonel on the move in Chad.

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