Special Reports


Special Report: Tsunami evacuees caught in $30 billion Japan money trap


ISHINOMAKI Japan - Thirty billion dollars in funding for roads, bridges and thousands of new homes in areas devastated by the tsunami in Japan three and a half years ago is still languishing unspent in the bank. That means Keiko Abe is heading into a fourth winter of sub-zero temperatures in a cramped, temporary dwelling that is succumbing to the elements.

Bad bets take a big toll on the Super Bowl's host city

GLENDALE Ariz. - Welcome to the sports-crazy home of February's Super Bowl.

30 Oct 2014

As deflation deadline nears, BOJ faces prospect of failure

TOKYO - With just five months left before Governor Haruhiko Kuroda's self-imposed deadline for banishing deflation, the Bank of Japan is preparing for failure, and the first casualty could be its facade of board unity.

30 Oct 2014

Sanctions bind Russia's energy elite to Putin

MOSCOW - An offer by Gazprom to help rival Rosneft salvage an Arctic oil project shows how tightly sanctions have bound Russia's political and business elite together in the Ukraine crisis - an unintended consequence of the West's punitive measures.

29 Oct 2014

War-scarred Ivory Coast aims to conquer the world of cashews

BONDOUKOU Ivory Coast - Forty years ago, Henri Kouakou was struggling to support his family farming a small plot outside Bondoukou, a dusty town in northeastern Ivory Coast, when he first learned that money did, in fact, grow on trees -- cashew trees.

30 Oct 2014

Assad's warnings start to ring true in Turkey

BEIRUT - When Sunni rebels rose up against Syria's Bashar al-Assad in 2011, Turkey reclassified its protégé as a pariah, expecting him to lose power within months and join the autocrats of Egypt, Libya, Tunisia and Yemen on the scrap heap of the "Arab Spring".

28 Oct 2014

Reinventing Socialism: a risky business for French left

PARIS - As a young aide to then-French prime minister Lionel Jospin in the late 1990s, Manuel Valls sat in on meetings as Britain's Tony Blair and Germany's Gerhard Schroeder tried to persuade his boss to help them reinvent Europe's Left.

27 Oct 2014

Special Report: Why Madrid's poor fear Goldman Sachs and Blackstone

Madrid - Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same.

24 Oct 2014

Mario Draghi's German problem

BERLIN/FRANKFURT/PARIS - In early October, European Central Bank board member Benoit Coeure paid a discreet visit to the Chancellery in Berlin to express concerns about rising criticism of the bank from German politicians.

23 Oct 2014

Special Report: Why Ukraine's revolution remains unfinished

(Note: Contains language readers may find offensive in paragraph 12 of section headed 'FEB 21: THE DOWNFALL')

23 Oct 2014