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Will Europe's Bank Bailout Plan Really Work?

Privately scoffing at the U.S., European governments move to take partial control of their banks -- in spite of the spotty record of state intervention


The Financial Rescue: Are Poor Countries Being Left Out?

The West has a rescue plan for its financial system, but struggling emerging economies may have to go it alone


European Markets Rise in Relief

The first reaction is positive to ambitious rescue plans hatched over the weekend by U.S. and European governments


Cambodian Khmer Rouge Killers Sentenced

Former rebels receive long jail terms for the 1996 kidnapping and murder of a British mine clearance expert and his Cambodian interpreter


Why Russia Is Bailing Out Iceland

With Moscow suffering its own financial and budgetary problems, a $5.4 billion loan to a small, cold country seems surprising. Or is it?


Booing the Marsellaise: A French Soccer Scandal

A handful of soccer fans booing La Marseillaise sends the political class into a lather. That, of course, is exactly what the boo-boys hoped to do


The Arms Trade Booms Amid Global Economic Woes

A trial in Paris and pirates off the Horn of Africa highlight a persistent and worsening problem


Berlusconi, Bush's Last Best Friend

Italian Prime Minister Silvio Berlusconi pays court to a man he's sure history will judge to be a great President


Thai-Cambodian Border Spat Heats Up

A gun battle near a historic temple reawakens an ancient emmity