Christine Lagarde is still to be confirmed as the European Central Bank’s next president, but work is already piling up on her desk. The euro zone is in danger of becoming the biggest collateral victim of the US-China trade war and Lagarde will need all her political skills to plot an escape route from the threat of recession. The euro ...

Summer wildfires devouring Siberian forests are hardly unusual, but this year’s are a bigger worry than normal because clouds of smoke have reached big cities in the Asian part of Russia and because the authorities have reacted clumsily. The extra attention from the Russian and global media is welcome, even if it’s tinged with unnecessary alarmism: Russia needs to start ...

Airlines are fundamental to the self-image of sovereign territories. The largest one in any country is routinely dubbed a ”flag carrier,” as if it was the leader of a naval squadron. No wonder Beijing has it in for Cathay Pacific Airways Ltd. China’s civil aviation authority has ordered Cathay to bar air crew who supported Hong Kong’s recent protests from ...