Venezuela is teetering on the verge of total collapse. Anger is growing with President Nicolas Maduro who has utterly failed to meet people’s most basic needs. Hundreds of thousands in Venezuela cannot get access to food. Economic crisis is only getting worse. Inflation is out of control and government has no cash to import food and medicine. No wonder, …

  A leaked European Union paper outlining the bloc’s initial negotiating position in Brexit talks hints at a clever zero-sum strategy. The EU’s main goal is to deter other potential exiters and offload all the anxiety about the truly important issues in the divorce on the UK alone. The paper (actually called a “non-paper” in EU parlance because it’s still …

  Any good arson investigator can spot areas of higher concentration of an accelerant at the scene of a fire. In the conflagration sweeping bricks-and-mortar retail, it’s likely that history will designate the accelerant as the newly appointed head of the first major chain to start closing profitable stores in large numbers: Macy’s chief executive, Jeff Gennette. The future of …