There was a brief moment after Donald Trump’s election when it was conceivable to ask whether he would strive to be a “uniter” or a “divider.” The moment passed quickly as Trump made it clear that he does not intend to abandon the style of politics — insulting and divisive — that got him elected. His declaration last week …

  It’s nearly a decade since Royal Bank of Scotland (RBS) Group Plc was bailed out. Today, the lender is still owned by taxpayers, shunned by shareholders and ruled by regulators. The management team has little else it can really do but keep shrinking and hope the bank can eventually buck a nine-year run of losses. These are noble objectives, …

  Say this for Donald Trump: He is forcing Europeans to think more seriously about how to protect and defend their continent. The US president’s disparagement of NATO goes too far, and his focus on getting Europeans to spend more on defense is misplaced. That said, European nations have for too long treated their defense budgets as an extension of …