Clashes between central banks and governments happen the world over. India is no different, yet the recent friction between the Reserve Bank of India (RBI) and Prime Minister Narendra Modi’s government over a controversial rate call offers up a test case of central bank independence in this $2 trillion economy. Last October, the RBI led by governor Urjit Patel adopted …

Like too much else in Washington, the slow-motion collapse of Obamacare was an eminently avoidable crisis. The question, now that it is happening, is whether President Donald Trump and Congress want to work together to contain it. With Anthem Inc.’s alarming decision to quit Ohio’s health-insurance marketplace, 18 more counties can now be added to the territory where people who …

So the presidential election was no fluke: The voters of France have put Emmanuel Macron’s new République En Marche (Republic on the Move) party on course for a big parliamentary majority. If this is confirmed in the June 18 runoff, Macron will control not just foreign policy but domestic policy as well. His task in reforming the French economy, as …