The European Union and the Eurozone project represent world geopolitical paradigms that are the legacies of World War II and the Cold War era. Beginning as the European Coal and Steel Community, the European Union had its stated aims in the supranationalist spirit of the ECSC’s founding organizers as well as in the principle of […]
Read MoreNot that this is shocking news to anyone who has been following the story of Italy’s sovereign debt crisis, but always reliable US firm Standard and Poor’s has cut Italy’s debt rating on fears that its economy will slow, thus hampering its ability to effectively repay its debts. The cut is from A+ to A. […]
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