Opinion

Credit Suisse Group AG’s poaching of Dixit Joshi from Deutsche Bank AG to become its new chief finance officer means the Swiss bank now has outsiders in three top executive roles. They all have plenty of experience fixing problems in their former roles. The new leadership team should have the cool ruthlessness to make unbiased decisions about what Credit Suisse ...

  Every week, the people who trade electricity in the UK get to quiz the managers of the national grid for an hour. The conference call, which anyone can monitor, offers an insight into what the men and women on the front line of the power market are worried about. Listening to them is getting scarier by the week — ...

  The United States government will find out soon enough what “moral hazard” means. Clearly it does not know already, or President Joe Biden would not have announced that his administration would forgive US student debt worth around 1.6% of GDP. It’s natural to ask, as critics have, whether the new policy is fair. Should regular taxpayers subsidise those who ...

All indicators are flashing red for Europe. Warnings about a winter recession are growing louder, the single currency is slipping and the energy market is already in crisis mode. But European governments are still running three steps behind — in large part because they spend too much time second-guessing Russia’s next moves. Instead, they should be paying closer attention to ...

August is prime time for enjoying Britain’s rivers and coastal areas, but not so much this year. Pristine waterways have been polluted with raw sewage, yielding photos of gray-brown sludge and thousands of dead fish killed by toxic waste. It’s a brave person who orders oysters right now. There is nothing new about the twin problems that have been making ...

  In Pakistani politics, nothing gets done by halves. A few weeks ago, one of ex-Prime Minister Imran Khan’s former cabinet ministers, Shahbaz Gill, warned lower-ranking military officers against following “illegal orders” from their superiors. The remarks were taken as an attempt to divide the country’s all-powerful army and Gill was promptly arrested. This, as well as Gill’s subsequent claims ...

  When Democrats pulled ahead of Republicans in broad averages on the generic ballot, I didn’t believe it. We’ve seen many large polling errors in Democrats’ favour in recent years, a 50-50 House vote would defy the historical trend towards the incumbent president’s party facing backlash in the midterms, and Joe Biden’s low approval ratings seem inconsistent with Democrats doing ...

Should former presidents who are believed to have committed crimes, either in office or afterward, be indicted? It is never simply the case that prosecutors in the US indict anyone who they believe is guilty of crime, as my Bloomberg Opinion colleague Clive Crook has pointed out. For one, it’s misconduct to indict without confidence that a conviction will follow. ...

On the surface, it’s just a smartphone — little more than a very slick, rather pricey, well-built gadget. But the iPhone is much more than that, and this year the world could do with having one released just a little earlier than usual. That’s because the global smartphone market is in a funk, with shipments dropping 9% in the June ...

  If you’re looking for an iconic example of humanity’s ability to harness nature to produce clean energy on a massive scale, it’s hard to ignore the Three Gorges Dam. Built through the 2000s just as China’s rise was at its most headlong, the world’s largest power station can generate 22.5 gigawatts, equivalent to 20 nuclear plants. Two more of ...