The Heat of Negotiations

As we approach the dog days of summer, the world’s elected officials are pouring on the heat in political debates ranging from Euro debt to global trade agreements.

Greece and its creditors have been arguing over how much debt Greece must repay each year. The discord has led others in the European Union — even Great Britain — to question if the single currency experiment is worth the time and effort. Years after the global recession, unemployment remains high, the population is aging fast and Eastern Europe has not recovered as quickly as expected.

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