Europe is debating whether austerity - with its deep budget cuts and tax hikes - is the right cure for the continent's debt crisis. But in Portugal, one of the first countries bailed out by the European Union, the austerity drive goes on. The government there is struggling to repay its loans, and has announced more steep job and benefit cuts, as the country struggles to avoid what was Greece's fate - a second bailout.
The president of the Heritage Foundation is former South Carolina Senator Jim DeMint. He was among the most influential Republicans as a senator, and now leads one of the most prominent conservative think tanks. And he's on the line.
Senator, welcome to the program.
JIM DEMINT: Well, good morning David and Steve. It's great to be with you.
Chinese cyber-espionage is threatening U.S. economic competitiveness.
Credit Andy Wong / AP
This 12-story building in Shanghai's northern suburb of Gaoqiao allegedly houses a Chinese military-led hacking group.
Credit Peter Parks / AFP/Getty Images
Robert Hormats, U.S. undersecretary of state for economic growth, energy and the environment, delivers a speech at the 6th U.S.-China Internet Industry Forum in Beijing on April 9. He warns that theft of intellectual property has become a major source of mistrust.
American companies that do business with China make good money. They also lose a lot of money there to cyberthieves, who routinely hack into the computers of the U.S. firms and steal their trade and technology secrets.
German Labor Minister Ursula von der Leyen (at left, shown here with German Chancellor Angela Merkel) has been the main government architect of measures aimed at helping women reconcile careers with having children.
Germany is regarded as one of the most generous countries in the world when it comes to helping women raise families. The government invests about $260 billion each year into 156 separate family-friendly benefits, including health care, generous parental leave, subsidized day care and tax breaks.
Yet on a continent with low birthrates, Germany has the lowest of all, with just 1.39 children per woman.