Opinion

Donald Trump’s vision of a Justice Department that serves Donald Trump instead of the cause of justice is horribly askew. But it is quintessentially Trumpian, and therefore unsurprising. Attorney General Jeff Sessions should know better. After the president questioned his judgment and competence in an interview with The New York Times — and said Sessions’ decision to recuse himself from ...

President Donald Trump has made a welcome retreat from his threats to scrap ‘the worst trade deal maybe ever signed anywhere.’ His administration’s plan for renegotiating the North American Free Trade Agreement, released this week, is surprisingly benign. Granted, the administration’s declared purpose for those talks — to reduce the US trade deficit — highlights its weak grasp of basic ...

India is solidifying its position as the fastest-growing economy among the Group of 20 nations, surpassing China since 2015 with a boost from a financial industry that is winning the confidence of global investors. Financial markets can improve living standards by channelling savings, allocating credit and reducing the cost of producing and trading goods and services. In India, the financial ...

On a recent trip to Shenzhen, in southern China, I came across a subway busker with two tip jars. The first was a cardboard box filled with coins and bills; the second was a small QR code taped to the box that allowed passersby to leave a tip by smartphone. On one level, this was simply smart business: Chinese made ...

So far, Martin Schulz, the Social Democrat candidate for the German chancellorship, has failed to dent the formidable poll lead of Angela Merkel’s conservatives. But his latest attempt to prove that he can be a better leader for Germany is about more than politics: It touches on the country’s biggest non-problem — its allegedly crumbling infrastructure. Few English-language news outlets ...

It is said that America’s armed forces have been stressed by 16 years of constant warfare, the longest such in the nation’s history. For the Air Force, however, the high tempo of combat operations began 26 years ago, with enforcement of the no-fly zone in Iraq after Desert Storm. With an acute pilot shortage, particularly in the fighter pilot community, ...

The Asian dollar bond market has been a cornucopia for issuers this year. Amid plentiful liquidity, it’s easy to lose sight of just how little reward there is now for all the risks investors are being asked to accept. Less than seven months into 2017, asset managers and private-bank clients have written checks for $175 billion to companies and governments ...

Congressional Republicans have just produced their latest version of Trumpcare. On the plus side, this one gives up on earlier proposals to repeal three taxes that the Affordable Care Act imposes on the wealthy, making it a bit less fiscally reckless. On the minus side, it’s still a terrible plan. It’s designed to drastically weaken America’s health security — and ...

A country rarely praised for its efficient bureaucracy, India has managed its biggest administrative reform in years pretty well. Its new goods-and-services tax, replacing 40 other taxes and levies, came into force earlier this month without undue disruption. This policy deserves to be a great success — but to make the most of it, the government still has work to ...

China’s overseas acquisition streak seems to be coming to an unhappy end. Outward direct investment fell by 46 percent in the first half of the year, due partly to tightened capital controls and partly to new restrictions on ‘irrational investments.’ But the authorities should be asking a more fundamental question: Why do China’s companies struggle so much overseas? Typically, companies ...