During the past decade, China has been investing a lot of money in sub-Saharan Africa: Some Western observers worry that this represents a new form of colonialism. Given the continent’s history with European conquerors and rich countries trying to cheaply exploit its natural resources, that suspicion is understandable. But although China can sometimes be predatory — for example, when uneconomical ...

It’s good to see politicians belatedly waking up to the risk of crypto-currencies. British lawmakers are banging the drum for the regulation of Bitcoin, Ethereum and their brethren in order to protect consumers. It may be too late for all those unfortunates who got burned this year, but it’s still a better look than George Osborne eagerly using a Bitcoin ...

President Trump’s planned nomination of Nellie Liang to the Federal Reserve’s Board of Governors, which oversees everything from interest-rate policy to financial stability, is a little surprising. She’s admirably well-qualified and in every way a good choice. Trump hasn’t always shown such good judgment. Some of the officials he’s appointed elsewhere are even at odds with the missions of the ...