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The article discusses U.S. President Barack Obama's plan to increase the deployment of heavy weapons, armored vehicles, and other equipment to North Atlantic Treaty Organization (NATO) countries in Central and Eastern Europe in an effort to deter Russian President Vladimir V. Putin from engaging in additional aggression in the region. Russia's military activities in eastern Ukraine are examined, along with NATO military forces and European national security concerns.

The article reports that the U.S. subprime mortgage crisis is still plaguing financial systems in Europe such as Paris's CIFG Holdings, and Swiss Re Corp., a Zurich, Switzerland reinsurance firm. According to Axel A. Weber, president of the German central bank Bundesbank, failout from the U.S. crisis may affect other sectors of Europe's economy. In order to save CIFG, French banks bought up the institution for $1.5 billion.

The article reports that tourism to Europe among American travelers has increased despite unfavorable exchange rates. The U.S. dollar continues to slip in value compared to euros and Great Britain's pound. Some observers feels that U.S. visitors to Europe tend to be better educated and have better jobs, so the exchange rate does not affect their travel plans.

The article reports that Russian President Vladimir Putin has announced Russia will cease compliance with a conventional arms treaty in Europe, further souring its relationship with the North Atlantic Treaty Organization (NATO). The announcement also addresses Russia's anger over a proposed U.S. missile defense system in Europe. It wasn't specified how Russia might defy the treaty, which required the disposal of military equipment, but the decision received a cold response from NATO and the U.S.

The article discusses Russian President Vladimir V. Putin's critical comments about the U.S. at an international security conference in Munich, Germany. Putin accused the U.S. of provoking a new nuclear arms race and making the Middle East more unstable through its poor handling of the Iraq War. Putin also criticized the expansion of NATO into the Baltics and the use of the Organization for Security and Cooperation in Europe by the U.S. for its own foreign policy interests.

Reports that markets across Europe and the U.S. were thrown into turmoil following the subway bombings in London, England, but recouped much of their losses by the day's end. Initial reactions of traders in Europe; Performance of the DAX Index, the FTSE 100 stock index and the New York Stock Exchange; Similarity of the trading patterns; How the London Stock Exchange remained open after the four terrorist attacks, though the market closed lower; Overview of the international markets; Observation that in the weeks and months after the initial shock of terrorist attacks, stock markets have been resilient; Views of economists, who fear a possible lowering of consumer confidence in Britain; How, in the U.S. the full impact of the attacks on consumer confidence will be evaluated in the weeks leading up to the next Federal Reserve policy-making meeting; Significance of the rebound in the price of oil. INSET: London Exchange Continues With Trading, by Heather Timmons.

Discusses the fierce competition between European aircraft maker Airbus and American jet manufacturer Boeing. Prospective deals for Boeing; Possible competitive edge for Boeing due to a mix of aggressive salesmanship and rising concerns about oil prices; Uncertainty over whether Boeing's success will change the course of the trans-Atlantic competition; How trade officials on both sides are open to restarting settlement negotiations; Views of analysts; Pressure on Airbus, which is based in France and owned by Europe's military-contracting industry; Overview of the two companies; Future prospects.

Focuses on German cities leasing their subway systems to American investors as a way to raise capital during tough economic conditions in Germany. Details of the city of Frankfurt's offer to lease its subway system in an arrangement that is known as cross-border leasing; Amount of money raised by Düsseldorf, Dortmund, and Essen by leasing their subway systems to American investors; Number of municipalities in Europe offering these deals; Tax advantages, with respect to depreciation of assets, to be gained from leasing the systems; What critics of the plan are saying.

ATHENS -- As he traded the political upheaval of the Middle East for the economic storms of Europe, Vice President Joseph R. Biden Jr. has preached a consistent message on his travels: ''The United States isn't going anywhere,'' as he put it on Sunday. It is a challenging, even far-fetched, argument to make at a time when the United States is pulling its last soldiers out of Iraq -- scrambling the calculus of players in the region -- and when it is not offering to rescue Greece or other debt-ridden European countries. [ABSTRACT FROM AUTHOR]

WASHINGTON -- It is a truism of Middle East peacemaking that the United States is the pivotal player -- the most credible broker between the Israelis and the Palestinians. But with talks at a standstill, the Obama administration now finds itself on the sidelines, and Europe is emerging as the key diplomatic actor. Prime Minister Benjamin Netanyahu of Israel and the Palestinian president, Mahmoud Abbas, have crisscrossed the Continent in recent weeks, trying to woo leaders who are weighing whether to support a Palestinian bid for statehood at the United Nations in September. Neither man has visited Washington since the spring. [ABSTRACT FROM PUBLISHER]

After months of anguished debate in the United States over how many new troops to send to Afghanistan, the numbers game switched to Europe on Friday, with NATO announcing that it planned to commit an additional 7,000 soldiers to the coalition in Afghanistan. NATO portrayed the pledge as a powerful vote of support for the American-led effort. But in Europe as in Washington, arithmetic on troops can get fuzzy. Of the 7,000 troops promised by NATO, from 1,500 to 2,000 are already in Afghanistan, sent months ago to bolster security during the presidential election. [ABSTRACT FROM PUBLISHER]

Buoyed by the biggest intervention in the American banking system since the Depression and similar moves in Europe, stock markets around the world staged one of the most powerful one-day rallies in history on Monday. The Treasury Department, in its boldest move yet, is expected to announce a plan on Tuesday to invest up to $250 billion in banks, according to officials. The United States is also expected to guarantee new debt issued by banks for three years -- a measure meant to encourage the banks to resume lending to one another and to customers, officials said. [ABSTRACT FROM PUBLISHER]

Barely a week after Europeans rebuffed American pleas to join in their bailout of the banking system, Europe now faces a financial crisis almost as grave as that in the United States -- demonstrating how swiftly this contagion is spreading around the world. In the last two days, governments from London to Berlin have seized or bailed out five faltering banks. In Ireland, where rumors of panicked withdrawals from banks spooked the stock market, the government has offered a two-year blanket guarantee on all deposits and bank debt. [ABSTRACT FROM PUBLISHER]

Europe, which held the world's economic storms at bay for the last year, has finally succumbed. Spain, Ireland and Denmark are either in a recession or on the brink. Italy is stagnating. France is weakening fast. And Germany, the sturdy locomotive of European growth, is suddenly faltering -- dashing most residual hopes that Europe could escape the upheaval in the United States. [ABSTRACT FROM PUBLISHER]

Warren E. Buffett may be one of the few Americans who can still afford to come to Europe for a shopping spree. Undaunted by the sharp decline of the dollar against the euro, Mr. Buffett, the billionaire investor, arrived here on Monday to begin a four-country tour of Europe, with a view toward buying family-owned companies. [ABSTRACT FROM PUBLISHER]

Europe is shrugging off the thunderclouds in the United States, with new surveys on Wednesday showing rising business confidence in Germany, France and Belgium, while the president of the European Central Bank damped hopes for a cut in interest rates anytime soon. Taken together, these developments seemed to turn an adage about trans-Atlantic economic relations on its head: When the United States catches a cold, does Europe even sneeze? [ABSTRACT FROM PUBLISHER]

The article presents information on the production of diesel vehicles by the European automobile makers for the U.S. European car makers believe that technical advancements have increased the performance of diesel engines as they emit less carbon dioxide and burn fuel more efficiently. At the 2007 Frankfurt International Motor Show, the European car makers focused on carbon emissions and fuel efficiency.

The article discusses the implications of the greenhouse gas emission policy announced by U.S. President George W. Bush on May 31, 2007. Bush announced the U.S. plan to gather the world's largest emitters of greenhouse gases as part of efforts to bring global reduction in emissions. It is said that the announcement has further muddied the showdown between the U.S. and Europe over the issue. German environmental minister Sigmar Gabriel has expressed apprehensions over Bush's plan.

The article presents information on the rising trend of mergers and acquisitions of business enterprises in Europe. The concept of closing takeover deals is rising due to an influx of private equity money, more active shareholders and low interest rates in the European market. The ongoing trend based on total value of mergers and acquisitions in Europe has outpaced the U.S.

The article presents information on the role of first ever woman German Chancellor Angela Merkel as a political actor in Europe. Her political leadership has created the platform for warm relationship among Great Britain, Germany and France. Through her leadership, she emerged as the voice of Europe, while promoting a positive relationship between Europe and the U.S.

The article reports that U.S. Attorney General Alberto R. Gonzales said in Germany that the U.S. government was unable to explain its legal principles in its effort to prevent terrorism. However, he also faulted European countries for criticizing the U.S. military prison at Guantánamo Bay, Cuba.

Focuses on the Kyoto Protocol, which is intended to reduce global emissions of heat-trapping gases. How only industrial nations that have signed the agreement must reduce emissions; Observation that the U.S., China and Australia are among those that have not approved the accord; Worries about the agreement's fairness; Issue of resentment by Europeans, who have set some of the most stringent targets for reducing greenhouse gases; Comments of Jürgen F. Strube, chairman of BASF's supervisory board in Germany; Strube's belief that the pressure should be on the U.S., which generates a fifth of the world's greenhouse gases; Observation that the market for trading allowances to emit greenhouse gases is growing in Europe; Ways that the Kyoto Protocol is changing corporate behavior; Innovative features of the Kyoto system; Outlook. INSETS: Time to Check Emissions;A Market Grows in Europe.

Reports that President Bush's next confrontation with the world could involve a potential currency crisis, in which a steep plunge in the value of the dollar touches off economic waves around the world. Reference to the fact that tensions over the dollar are becoming a recurring source of friction; Complaints from the finance ministers of Germany and France that Europe has unjustly borne the brunt of the dollar's decline; Call for a coordinated action to stop it; Need for the United States to reduce its deficits; Similar complaints from China's prime minister; Conviction of Treasury Secretary John W. Snow that the tight budget Mr. Bush is expected to send to Congress should give foreigners and the financial markets the solace they seek; Importance of the fact that the dollar has stabilized a bit and that its fall may never reach a crisis level.

Focuses on warnings from Europe's financial policy makers about the dangers of a falling U.S. dollar, as it sank to a new low against the euro. Significance of the latest currency swing; Europe's frustration over the devaluation of the dollar, the world's leading currency; Views of European financial and political leaders, including German Chancellor Gerhard Schröder; Possible intervention by the European Central Bank; Skepticism of currency traders that the bank will intervene; China's reluctance to let its currency, the yuan, float against the dollar or other currencies; Issue of America's growing budget deficit and trade gap with Asia; Outlook.

Reports that the European Central Bank has decided not to put a lid on the euro as yet. The euro which is rising against the dollar and thus hurting exports to the United States; Bank president Jean-Claude Trichet who has declined to comment on the possibility of intervention; Decision of the bank to keep interest rates the same; Lowering of the 2005 growth forecast for the 12-nation zone; Raising of the inflation forecast for the coming year; Reasons for the cautious approach.

Reports that several German companies are seriously thinking about abandoning the New York Stock exchange. Suggestion that this is another sign of Americans and Europeans parting ways; Reference to the Germans' disenchantment with the U.S. as a source of capital; Concern about oppressive new regulations adopted in the aftermath of Enron and other corporate scandals; Reference to Siemens as one company with global reach that is considering delisting its shares from the NYSE.

Reports that the European Central Bank will leave its benchmark interest rate unchanged at 2 percent. Wide expectation of this decision; Refusal of the Central Bank to follow the Federal Reserve Board in increasing interest rates; Less of a risk of inflation among Europe's major economies, which are rebounding but with far less vigor than the United States; Shift toward higher rates in the United States, Britain, Switzerland, and Poland.

Focuses on a report from the Organization for Economic Cooperation and Development (O.E.C.D.) that finds Europe lagging behind the United States and Asia in the global economic recovery. Increase of the growth forecast for the United States; Remedies to help narrow the economic divide; Comments from Jean-Philippe Cotis, chief economist of the O.E.C.D.; Impact on exchange rates; Threat of inflation in the United States; Other predictions from the O.E.C.D. report.

Focuses on the scheduled convention of the Group of 7 leading industrial countries in Boca Raton, Florida. Difficulty for the European delegation in advancing its interests as a result of the fall of the dollar against the euro; Response of the United States and Asia to the fall of the dollar; Symbiosis between the United States and Asia; Expectation that the European Central Bank will not lower interest rates at the next meeting of their policy board.

Looks at the collapse of Italy's dairy giant, Parmalat, and wonders if it will lead to corporate housecleaning just as the collapse of Enron did in the United States. Company which sought protection from creditors after reportedly inventing $11 billion in assets over ten years; European outrage that auditors failed to detect the scam for ten years; How the patchwork of laws in European countries contributes to confusion; Move by the European Union to harmonize standards on financial reporting and auditing by 2005; Other European corporate scandals; Belief in Europe that corporate fraud was an American problem.

Reports on the agreement between Bertelsmann and Sony to join their music divisions. Non-binding agreement which does not include their publishing units; Creation of Sony BMG which would give the giant 25% of the music industry; Role the possible merger between Time Warner and EMI; Approval needed from anti-trust regulators in the U.S. and Europe; History of the European Commission rulings on musical mergers; Other problems.

Reports on the interest of SAP, Europe's largest software company and the world's leading supplier of business software, in the takeover battle between Oracle and PeopleSoft. View that the turmoil among SAP's competitors may cause it to become more powerful within the software market, both in software development and in business software; Hopes of SAP to pick up some customers from PeopleSoft, Oracle, and J.D. Edwards; Way that SAP is positioning itself as a stable company in a market which is in turmoil in the hopes of attracting customers.

Reports that the U.S. government is using trade negotiations to renew its ties with Europe which was strained over the war in Iraq. Resistance of French and German trade officials to the proposed trade barrier reduction by the U.S.; Comment of U.S. trade representative Robert B. Zoellick regarding his trade negotiations with European trade counterparts.

Reports on the Geneva International Auto Show in Switzerland. Comparison of U.S. and European interests in car manufacturing; Response of Europeans to General Motors hydrogen powered car known as Hy-Wire; Popularity of diesel passenger cars in Europe.