austerity

Demonstrators protest near the prime minister's office in Amman, Jordan, on June 6. (Ahmad Gharabli/AFP/Getty Images)

Jordan’s Protests Are a Ritual, Not a Revolution

By trading geopolitical importance for aid and showing restraint when unrest erupts, the kingdom has managed to remain stable for decades.

French President Fran?ois Mitterrand gives a press conference, on May 5, 1983 at China's Great Hall of the People, in Beijing during his official visit in China.        (Photo credit should read GABRIEL DUVAL/AFP/Getty Images)

How French Socialism Built — and Destroyed — the European Union

The road to hell was paved with the good intentions of François Mitterrand.

People hold placards reading "No" during a demonstration in support of Greece, in Madrid on July 5, 2015. Today, nearly 10 million Greek voters take to the ballot booths to vote 'Yes' or 'No' in a referendum asking if they accept more austerity measures in return for bailout funds. The referendum on a deal with European governments, the European Union (EU) and International Monetary Fund (IMF), was called by Prime Minister Alexis Tsipras on the night of June 26-27.   AFP PHOTO/ JAVIER SORIANO        (Photo credit should read JAVIER SORIANO/AFP/Getty Images)

The IMF Confronts Its N-Word

The International Monetary Fund admits that it’s time to discard some of the old neoliberal dogmas.

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The Bailout Kiss of Death

Can Alexis Tsipras survive bending to the will of Greece’s creditors?

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Syriza Rolls the Dice

Greece's new government rolled out its audacious plan to drag the country out of austerity. It might be in for a rude awakening.

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Time to Put Up or Shut Up?

Maybe the new Greek leaders are ready to temper the campaign rhetoric and deal with Greece’s economy. Unlikely.

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