If there’s a golden rule for central bankers in the 21st century, this is it: Seek clarity and avoid uncertainty. A central bank’s target should be clear. The data it uses should be known. The analysis it conducts on that data should be comprehensible. And, certainly, politics should have nothing to do with its decisions. Negative Interest Rates Yet ...

Canada is an unlikely model for climate-change policy. As things stand, it’s a long way from keeping the promise it made as part of the Paris agreement to sharply cut carbon emissions. But its government is now proposing to make this right — and with an approach that deserves to be widely copied. The Cost of Carbon This week Prime ...

  2004: Tropical Storm Jeanne claims around 2,800 lives. 2010: Earthquake leaves more than 250,000 dead. 2016: Hurricane Matthew kills more than 800. Natural disasters have been visiting Haiti with alarming regularity (every six years). It has received massive foreign funding during these crises. But sadly, the foreign intervention has failed to build local capacity and assist masses in bringing ...