The governing party in Georgia, which has increasingly steered the nation toward Russia and China, claimed victory Saturday in a parliamentary election that both the government and the opposition described as decisive for the country’s future. Georgia’s splintered opposition did not admit defeat, setting the stage for a likely political …
Read More »France’s Financial Morass Produces a Harsh Critique From Moody’s
Warnings over France’s financial situation grew on Friday when the Moody’s ratings agency issued a negative outlook for the country’s sovereign debt rating amid concerns about the nation’s rapidly rising debt and deficit. The outlook reflects what Moody’s said were heightened risks of political gridlock in France as Prime Minister …
Read More »‘Life Is Complicated’: How a Scourge of Oligarchs Fell in Love With One
Feted by many fellow journalists and Western diplomats as a fearless scourge of corrupt oligarchs, Moldova’s most popular television host torched her soaring career and stellar image three years ago with a startling life choice. She fell in love and had a child with one of her country’s most notorious …
Read More »Italy Sends Boat to Albania With Migrants Who Were Bound for Italian Shores
Italy sent its first boat carrying migrants to Albania on Monday, part of a plan to send migrants who are rescued in the Mediterranean by Italian ships to detention centers in the Balkan nation, where their asylum claims will be assessed. The plan, which is being heralded by the Italian …
Read More »Political Uncertainty and Budget Reality Put France in a Financial Vise
France has become one of the most financially troubled countries in Europe, with an outsize debt and deficit that are likely to keep ballooning despite efforts by a fragile new government to address the problem, the Fitch Ratings agency said on Friday. A day after France’s new prime minister, Michel …
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