Much to Islamabad’s chagrin, the message coming out from Washington is loud and clear. Pakistan is now being asked to pay for F-16 jets out of its own pocket. The message that the U.S. Congress is sending to Pakistan after it threatened to yank financing for F-16 jets ordered by the country cannot be more categorical. Pakistan can still …

  Michael Reilly On May 6, representatives of Taiwan’s Alishan Forestry Railway and Switzerland’s Matterhorn Gotthard Railway signed a “sister-railway” agreement in Taipei. Aimed at boosting technical cooperation and sharing marketing expertise between the two mountain railways, such an agreement would normally pass by unremarked outside railway circles and the local tourism industry. Indeed, the Alishan railway already has two …

It’s the bread and butter of pundits to speculate what the world might look like after a relatively improbable but potentially disruptive event, like the U.K.’s exit from the European Union or a Donald Trump victory in the U.S. presidential election. The perceived probability of these “black swan” events is pretty high, after all, and contingency plans may be in …