Tag Archives: Greece

Business this week

Business this week

A judge in Oklahoma ruled that Johnson & Johnson had broken the state’s “public nuisance” law with its aggressive marketing of opioids and ordered it to pay $572m. It was the first time a drugmaker had stood trial for its part in creating America’s opioid-addiction crisis; others have so far elected to settle rather than face a …

Charlemagne | Europe’s long vacation flight home

Charlemagne | Europe’s long vacation flight home

Seen from an airliner, Europe’s problems look smaller EVEN IN EUROPE, a continent of welfare states famed for their gloriously long holidays, the summer must eventually end. This week, as they trickle back from Mediterranean beaches and Alpine campgrounds, Europeans are preparing for a fateful autumn. The risk of a recession looms. Eurosceptic populists are likely …

Politics this week

Politics this week

Giuseppe Conte, Italy’s prime minister, resigned after Matteo Salvini, the leader of the Northern League party, withdrew his support for the coalition government. The coalition’s other party, the Five Star Movement, must now try to form a new government. If that fails, Italy may face a general election. An Italian prosecutor ordered a ship carrying around …

Tanker geopolitics | What Britain’s release of an Iranian tanker says about its post-Brexit foreign policy

Tanker geopolitics | What Britain’s release of an Iranian tanker says about its post-Brexit foreign policy

Britain is caught awkwardly between America and Europe A SUPERTANKER LOADED with oil headed east from the Strait of Gibraltar into the Mediterranean, bound for Greece, just before midnight on August 18th. Nothing unusual in that—120,000 vessels navigate the strait each year, carrying a third of the world’s oil and gas. But the Iranian-flagged Adrian Darya 1 was no …

Charlemagne · The eastern summer

Charlemagne · The eastern summer

A wave of pro-democracy protests and elections sweeps the east of Europe EUROPE IS PREPARING to mark 30 years since the fall of communism. On August 19th Angela Merkel will travel to Sopron. With Viktor Orban, Hungary’s authoritarian prime minister, she will commemorate the anniversary of a peace protest on the border between Hungary and Austria …