This Wall Street Journal editorial argues that the permanent crisis-management fund will only make permanent crisis more likely.

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Mohamed El-Erian , chief executive and co-chief investment officer of PIMCO, writes in the Financial Times that the package of emergency loans to Ireland will not significantly change the economic landscape of Europe.

The proposed Irish bail-out has not calmed the financial markets. And now their attention is moving on to new victims in the Iberian peninsula, reports The Economist.

Published in Spiegel , this interview with German Finance Minister Sch?uble provides insight into the relationship between Minister Sch?uble and his American counterpart, Secretary Geithner, as well as the German position on the latest financial developments like the recent move towards quantitative easing.

Max Boot says defense cuts will leave the United Kingdom unable to support its current deployment in Afghanistan.

In this report published by the London-based think-tank, Demos, Samuel Jones explores the motivations and avenues for state involvement in cultural and sporting activities.

United Kingdom's foreign secretary,William Hague, discusses the urgency of an international climate deal in which all countries accept responsibility for climate change, enforce a more robust framework for high growth and low carbon economic models, and ensure a new sustainable pathway to prosperity and security.

United Kingdom's foreign secretary,William Hague, discusses the urgency of an international climate deal in which all countries accept responsibility for climate change, enforce a more robust framework for high growth and low carbon economic models, and ensure a new sustainable pathway to prosperity and security.