Richard Palmer

Russia works to keep its energy weapon effective.

The Roman Catholic Church shows just how much power it really has.

Concerns over falling sales highlight a fundamental weakness in the economy.

Two future superpowers battle over who will control one of the world’s most strategically important territories.

The UK’s days are numbered; only a minority of Britons think it will survive more than 25 years.

Laced with flattery and lavish praise, the French premier’s speech received a standing ovation from Congress. But there was far more to his speech than pious platitudes.

With the U.S. real-estate and financial markets in turmoil, stock market optimism seems to be hitting new highs. Dot-coms are again leading the way up, but should investors be plowing money into stocks when the economy seems to be slowing?

One of Britain’s big banks wobbles at the brink of insolvency. Incompetence? Fraud? Greed? Maybe not at Northern Rock, but definitely in America where the current credit crisis originated.