Husam Zomlot does not have an easy job. He is the Palestinian Liberation Organization’s representative in Donald Trump’s Washington. And despite Trump’s early promise to seek the ultimate deal to bring peace to the Holy Land, his administration is focused on more pressing matters. Zomlot’s biggest problem these days is a piece of legislation named for Taylor Force, a former …

Central banks are born to lead. When they start following commercial lenders or asset prices, the message for investors is that the authorities have lost the plot. That’s what is happening with the Reserve Bank of India, which on Wednesday cut its repurchase rate by a quarter percentage point to 6 percent two days after State Bank of India preemptively …

As the Brexit process lurches from one drama to the next, dominating UK politics, media and business decisions, traders have grown immune to noise surrounding the country’s departure from the European Union. The British pound is trading near the highest in a year versus the dollar as attention turns instead to headwinds for the greenback. Sterling has even held its …