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EU Air Carbon Tax

As Senate Republicans and Democrats Wednesday slammed a European Union directive charging all airlines that enter European airspace for carbon emissions, Sen. John Kerry (D-Mass.) blamed the dispute over the cap-and-trade system on America’s failure to support global...

Europe Warns US

European leaders are calling on the U.S. to be sure and steer clear of the “fiscal cliff” coming at the end of the year, for the good of the global economy. While European nations are grappling with a debt crisis on their own continent, European Commission...

Emerging Consensus Among G8

President Obama expressed confidence Saturday that there’s an “emerging consensus” from the world’s most industrialized nations that more must be done to promote growth and job creation to help Europe’s sputtering economy. Wrapping up a two-day G8 summit at the...