Krugman

Cypriots by all accounts are a resilient people and yet, one wonders why this small island has never enjoyed peace. Disraeli, the first Jewish minister of Britain, described Cyprus to Queen Victoria in 1878 as, "This jewel of the...

Greek Prime Minister Antonis Samaras' claim that the country's chances of being forced out of the Eurozone are dead may have been exaggerated. That's according to some economists, led by doomsayer Nouriel Roubini predicting there's still trouble ahead. Samaras convinced...

If banks loaned money at their own risk, there would be far less reprehensible moneymaking in the world. Unfortunately, that is not the case. Convinced that banks had all the answers to the ever-increasing socio-economic problems, governments have endorsed...