Despite dire predictions of a European Union meltdown, the leaders’ summit this week appeared to succeed in delivering a compromise agreement on dealing with the troublesome migration issue. Beneath the “everyone’s a winner” smiles, however, the upshot was undoubtedly a victory for Italy and other governments that have been pushing the EU to take a harder line on the question of refugees. French... 

Peter Schiff was among the few economists who correctly predicted the financial crisis in 2008. Ten years later, he sees another crisis emerging: a crisis that can crash the stock market and wipe out the US dollar. “I predicted a lot more than just the stock market going down back then. I predicted the financial crisis, but more importantly, I predicted what the government would do as a result of... 

The United Kingdom is on the verge of breaking apart, as a van attack on Muslims leaving a London mosque raises the potential of violent exchanges between Muslims and the indigenous British population. And May also has cited the attack as reason to support her controversial plan to regulate the Internet, including censoring so-called “extremist” content. The supposedly conservative government... 

The country worst affected by the global financial crisis eight years ago has made a miraculous turnaround. Iceland saw an unexpected GDP surge of 4.2 percent in the first three months of the year. The growth is explained by a significant rise in tourism. Tourism has been steadily growing since the beginning of the decade, and is currently a larger source of revenue than exports of fish and aluminum.... 

An aerial file photo of the crippled Fukushima nuclear plant in Japan The operator of Japan’s crippled Fukushima nuclear plant has admitted for the first time that the site’s reactors are leaking highly contaminated water into the Pacific Ocean. Tokyo Electric Power Company (TEPCO), the operator of the Fukushima Daiichi nuclear plant, admitted the leakage to the ocean for the first time since... 

A peer-reviewed study published in the International Journal of Health Services estimates 14,000 excess deaths in the United States are linked to the radioactive fallout from the Fukushima nuclear reactors. The article by Joseph Mangano and Janette Sherman is the first published in a medical journal. “This study of Fukushima health hazards is the first to be published in a scientific journal. It... 

People shop at a fish and meat market in central Athens faces a meltdown following as a 7.06 percent fall in stocks, November 1, 2011. Greek stocks have plunged more than seven percent as Athens finds itself between mounting anti-austerity protests at home and a furious eurozone. Greece witnessed a meltdown on Tuesday with stocks 7.06 percent down at close, AFP reported. The government called an emergency... 

Japan suspends work at stricken nuke plant due to surge in radiation. Japan suspended operations to keep its stricken nuclear plant from melting down Wednesday after surging radiation made it too dangerous to stay. Chief Cabinet Secretary Yukio Edano said the workers dousing the reactors in a frantic effort to cool them needed to withdraw. “The workers cannot carry out even minimal work at the... 

Lloyd Blankfein As the U.S. housing turned downward in January 2007, a Goldman Sachs trader wrote in e-mails to a woman he apparently was courting that investments he had sold were “like Frankenstein turning against his own inventor.” “I’m trading a product which a month ago was worth $100 and today is only worth $93,” wrote Fabrice Tourre, who was charged along with the...