Business / Economy Dec 25, 2014

Putin orders vodka price cap as Russia's economy goes on the rocks

Russian President Vladimir Putin ordered his government on Wednesday to rein in rising vodka prices, as he battles to preserve his popularity amid an aggravating economic crisis. Putin told a meeting with government officials and regional governors that expensive vodka prices encourage the production of ...

Editorials Nov 16, 2011

Goodbye, Mr. Berlusconi

It was an ignominious end to Mr. Silvio Berlusconi's term as Italy's prime minister. The besieged leader slipped out a back door of his office to jeers and cries of "buffoon," as Handel's Hallelujah chorus was sung and thousands of others popped sparkling wine, ...

Editorials Oct 4, 2011

A 'Band Aid' for Europe?

The German Parliament's vote to approve expansion of the European bailout fund does not solve the continent's debt woes but it is a vital step forward. Every one of the 17 countries that uses the euro must approve the agreement and several have already ...