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Trump’s China yuan salvo is aimed at Fed

The US Federal Reserve’s next meeting is still five weeks away, and President Donald Trump is already talking the economy into a recession in his campaign for lower interest rates. Markets shouldn’t take his latest salvo too seriously. The Treasury Department formally labelled China a currency manipulator for the first time since 1998 after Trump took to Twitter to castigate ...

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UK, India nationalists will regret Brexit, Article 370

Long on a roll, right-wing nationalists finally seem to be overreaching. Evidence came from two different sources this week: India and Britain. Brexit, advocated and promoted by mostly English nationalists, always threatened the breakup of Great Britain. With new Prime Minister Boris Johnson now vowing to leave the European Union on October 31 without a deal and regardless of the ...

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Nissan-Renault deal is dead in all but name

Even after a relationship is dead, couples often go through the motions of remaining in a marriage. That’s the best way to characterise what’s left of the alliance between Renault SA and Nissan Motor Co. Renault must sell down its 43.4 percent stake in its Japanese partner to 5 percent-10 percent and both sides should “invest in new ventures,” Nissan’s ...

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