The ambition of China hawks in the Trump administration is to maintain American dominance by halting China’s economic rise. It’s strange that President Xi Jinping appears to be working toward the same end. The risk for any economy approaching China’s level of development is that it gets ensnared in the middle-income trap. Once the low-hanging fruit of urbanisation and industrialisation ...

The world’s first eight flight attendants took to the air in May 1930. They were all nurses, hired by Boeing Air Transport (forerunner to United Airlines, Inc.) to give early-era air passengers a greater sense of security onboard. As air travel became safer over the ensuing decades, nurses were no longer required in the cabin. Safety and security, though, remained ...

The current European Commission could go out with a bang if it moves ahead with a plan to grab more tax-setting authority from EU member states. We could find out next week whether multinational companies using various tax-avoidance strategies in Europe will have more to fear than they do with the current periodic harassment disguised as enforcement of the EU’s ...