Italy is claiming €234 billion in damages from Standard & Poor’s, reasoning that the ratings agency “never in its ratings pointed out Italy’s history, art or landscape which, as universally recognised, are the basis of its economic strength.” Anyone who had hoped that the largest of Europe’s PIGS-states would finally take responsibility for its shambolic economy had better not held their breath…

That infamous CBO report on Obamacare and jobs shows that opposition to the ACA isn’t going anywhere because Obamacare will keep making big messes.

The tech industry is growing, and so are its political ambitions. In California’s race for the 17th Congressional District chair, the industry giants of Silicon Valley have made their choice clear.

Edward Snowden’s exploits have been nothing more than a reckless self-indulgence with disastrous consequences. Those who still hail him as a hero only expose their own naivety about the world we all live in.

Shinzo Abe, Japan’s most right-wing prime minister in years, is set to make a big step forward toward the policy goal he holds near and dear to his heart: changing the country’s decades-old pacifist constitution.

In an interview with Le Figaro, Henri Guaino, longtime senior advisor to Nicolas Sarkozy, makes a rather startling admission: the euro was a mistake. Oh, if only a currency could be dumped as easily as a French First Lady…

CVS’s decision to drop tobacco is about more than the crusade against smoking. It’s a sign that CVS will increasingly be making business decisions on the assumption that it is a major health care provider.

Puerto Rico’s descent into junk territory has been about as certain as death and taxes, but last night it finally happened: ratings agency Standard & Poor’s cut the blue commonwealth’s debt to below investment-grade status, giving Puerto Rico membership in the very exclusive club of municipalities with junk-rated debt. Less than one percent of municipalities (and no states) share the honor.

AIPAC, the allegedly omnipotent lobby that nobody dares to fight, appears to be losing the battle over Iran sanctions. The “omnipotent Israel lobby” is one of the hoariest chestnuts of political commentary, but maybe this news will remind people of a few basic facts about American politics.

Liberal New York Times writers have a message for their bosses: even WE can’t stand our newspaper’s petty, dogmatic, boring but strident editorial page.