Britain’s endless self-inflicted turmoil over Brexit has taken a fresh turn, with Prime Minister Theresa May’s new plan for a post-Brexit trade agreement and the resignations of key ministers from her government. She’s accused of betraying those who voted for Brexit, and her leadership might soon be challenged. The prospect of a maximally disruptive “hard Brexit” draws ever closer. Yet ...

When it comes to climate change, I have always been a believer: not in hand-wringing debate, not in unrealistic solutions like the elimination of hydrocarbons, but in the power of action. In 1997, as chief executive of BP, I was the first leader of a major oil company to acknowledge that climate change was a problem, and that the industry ...

The European Central Bank lost control of the euro money market yield curve, and it wants it back. It has just snapped back on the leash by sending as clear a message as it can – within the incredibly tight framework it has set for itself – that it thinks rate expectations are too low. At its last policy meeting, ...