Latvia brings dirty money trouble to EU

Dec 31, 2013

Latvia brings dirty money trouble to EU

When Latvia adopts the euro on Wednesday, it will bring with it a banking sector that is swelling with suspicious money from Russia and the East — just as the currency bloc is trying to clamp down on such havens. It was just nine ...

Century after WWI, Europe divided

Dec 29, 2013

Century after WWI, Europe divided

by Laurent Maillard

Europe, badly shaken by a faltering economy and rising populism, is preparing to commemorate the centenary of World War I, the conflict still known as the Great War, which scarred the continent and shaped the 20th century. Commemorations for the 1914-18 war are planned ...

Dec 29, 2013

The Great War by the numbers

Millions of people were killed, and millions more were wounded, widowed or orphaned — the dizzying figures from World War I provide a small clue to the scale and horrors of the 1914-18 conflict. The lack of reliable statistical tools at the time makes ...

Dec 22, 2013

Toyota pins European profits on hybrid strengths

Toyota Motor Corp., the world’s biggest carmaker, is targeting sales and profitability gains in Europe and Russia next year on the strength of its increasingly popular hybrid models. The manufacturer’s plants in France, the U.K. and Turkey are at full capacity, putting the company ...

Limited EU defense cooperation OK'd

Dec 20, 2013

Limited EU defense cooperation OK'd

European Union leaders agreed on limited steps toward greater defense cooperation Thursday, but British opposition to separate armed forces for the bloc highlighted differences over how far they can go. The leaders also gave an enthusiastic thumbs-up to a new mechanism to handle ailing ...

Nov 14, 2013

Eurozone recovery grinds to a near halt; tough slog lies ahead

The recovery from recession in the 17-country eurozone nearly came to a grinding halt in the third-quarter, raising concerns that the region faces a long slog back from its five-year economic crisis. Barely three months after emerging from its longest-ever recession, the eurozone barely ...