Financial crisis

The Fourth Wave

Can the world avoid a fresh crisis?

BY IAN BREMMER | DECEMBER 2010

Delusion Points

Don't fall for the nostalgia -- George W. Bush's foreign policy really was that bad.

BY STEPHEN M. WALT | NOVEMBER 8, 2010

The Goldilocks Number?

The Federal Reserve just announced that it would buy $600 billion in government bonds over the next eight months. Some say it isn't enough, others say it could ruin the world's financial system, and the Fed says it's just right.

BY PHIL LEVY | NOVEMBER 4, 2010

Avoid the Double Dip

How Obama can save the fragile economy from going back into a tailspin.

BY NOURIEL ROUBINI, MICHAEL MORAN | NOVEMBER 2010

Epiphanies from Paul Volcker

The legendary central banker speaks with FP about family values, what went wrong with big finance, and why baseball is to blame.

INTERVIEW BY BENJAMIN PAUKER | NOVEMBER 2010

Epiphanies from George Papandreou

The scion of a socialist political dynasty, son of one prime minister and grandson of another, George Papandreou has also inherited the unwelcome task of bringing Greece's sinking economy back from the depths of the Aegean. Here, he explains how Greeks are more stoic than you think, that Europe isn't the problem -- and why markets are not gods.

INTERVIEW BY BENJAMIN PAUKER | SEPT. / OCT. 2010

Who Killed the Climate Bill?

We asked the experts who is to blame.

JULY 23, 2010

The Consumption Gap

They thought Asia would save the world economy. They were wrong.

BY STEPHEN S. ROACH | JULY 21, 2010

Papandreou’s Odyssey

The Greek prime minister has gone from leader of the socialist party to wielding the axe against entitlements -- and his long journey has just begun. In an exclusive interview, George Papandreou looks to the future and talks to FP about the Herculean tasks ahead.

INTERVIEW BY BENJAMIN PAUKER | JULY 19, 2010

The Year When Shrinking Was Good

The real losers of the financial crisis weren't the blockbuster failures of Greece and Iceland; they were the countries so isolated that their economies didn't feel the blow.

BY MICHAEL CLEMENS | JUNE 21, 2010

Bubble Bath

People didn't drown the markets; a bad system did.

BY CHRYSTIA FREELAND | JULY/AUGUST 2010

Couples Retreat

French President Nicolas Sarkozy and German Chancellor Angela Merkel have long had a testy relationship, but at the EU Summit they'll need to patch things up quickly to save the union -- and possibly their own governments.

BY MIRA KAMDAR | JUNE 17, 2010

Hold Your Schadenfreude

If Europe's economy goes down, it's taking America's with it.

BY DANIEL MCDOWELL | JUNE 2, 2010

The Taxman Cometh

Greece is reluctantly coming to accept that paying taxes is among life's certitudes.

BY NICOLE ITANO | JUNE 2, 2010

Frau Germania

How Angela Merkel's selfishness is killing Europe.

BY CAMERON ABADI | MAY 24, 2010

Europe Bought Time and Not Much Else

The bailout may soothe markets, but it won't fix the fundamental problems that have pushed Greece, Spain, Portugal, and Italy to the brink.

BY URI DADUSH, MOISÉS NAÍM | MAY 11, 2010

Russia Modernizes -- the Old-Fashioned Way

As President Medvedev is finding out, bringing Russia up to date is easier said than done.

BY CHRISTIAN CARYL | MAY 10, 2010

Athens Riots Like It’s 1968

Forced to tighten their belts, thousands of furious Greeks are taking to the streets instead.

MAY 5, 2010

Interview: Raghuram Rajan

As the Greek economy threatens to spin out of control, the former chief economist of the International Monetary Fund discusses the roots of the crisis, and what it means for the future of the European Union.

Interview by DAVID KENNER | APRIL 29, 2010

Jean-Claude Trichet, Call Your Office

The European Central Bank is trying very hard not to get stuck bailing out Greece.

BY TRISTAN ABBEY, SCOTT PALTER | APRIL 29, 2010

Goldman Envy

Wall Street's copycats are even worse than the original.

BY SUZANNE MCGEE | APRIL 28, 2010

Dubai Goes Legit

The global recession is forcing one of the shadiest places on Earth to start cleaning up its act. Is this the end of sexpats and illicit trading with Iran?

BY CONOR PURCELL | APRIL 16, 2010

Beijing Is Key to Creating More U.S. Jobs

How China's unfair currency policies are exporting unemployment all over the world -- and why baby steps won't solve the problem.

BY C. FRED BERGSTEN | APRIL 14, 2010

Crisis? What Crisis?

It seemed logical to expect that the economic crisis of 2008 would throw millions of people around the world back into poverty. But it hasn't really happened.

BY CHRISTIAN CARYL | APRIL 5, 2010

Burma's Oscar Moment

Forget Avatar, The Hurt Locker, and all the rest for a minute. Here's the story of the film that deserves to win big.

BY CHRISTIAN CARYL | MARCH 3, 2010

The Debt Explosion

How the IOUs are stacking up.

MARCH/APRIL 2010

Waste Land

The literature of Dubai's doomed quest to become a cultural mecca.

BY MICHAEL Z. WISE | MARCH/APRIL 2010

Greek Disease

Inside the new sick man of Europe.

BY NICOLE ITANO | FEBRUARY 19, 2010

What Do Saudis Want?

A rare, in-depth look at what the kingdom's citizens really believe on hot-button issues ranging from military action against Iran to al Qaeda to the state of their cloistered country's economic and political life.

BY DAVID POLLOCK | FEBRUARY 12, 2010

Four More Years of Bernanke? No, Thanks.

Why "Helicopter Ben" doesn't deserve to be the chairman of the Federal Reserve.

BY JAMES KWAK | JANUARY 11, 2010