A scandal in Latvia is raising questions about the European Central Bank’s ability to do its job. The details remain murky, but the ECB should move swiftly to reassure investors that its high standards will be upheld throughout the euro zone. A report by the US Treasury has alleged widespread money laundering at ABLV Bank AS, one of Latvia’s largest ...

At Davos in January, Indian Prime Minister Narendra Modi said India was open for business and even likened protectionism to terrorism. This month his government raised tariffs on nearly 50 product groups, from clocks and kites to TV and auto components. The measures follow new duties imposed in December on electronic goods such as mobile phones and microwave ovens. The ...

Ahead of the Russian presidential election, President Vladimir Putin is keen to ensure that Russians’ real disposable incomes as measured by official statistics don’t decline. So the State Statistical Service has made sure of it. On February 19, the government agency reported that in January, the disposable income measure was unchanged from January, 2017. To produce that result, it had ...