Prime Minister Narendra Modi has reason to be wary of ambitious reforms to India’s economy, given the fraught rollout of his plan to ban 500- and 1,000-rupee notes overnight. For his country to reach its true economic potential, however, he will need to do something about India’s ailing state banks. These institutions, which account for more than 70 percent …

  US President Donald Trump issued a revised order restricting people from six Muslim-majority countries from entering United States. The new directive, which is effective from March 16, excludes Iraq and allows those having current US visa to travel freely. Like the previous order issued on January 27, the new one bans all refugees for 120 days, but Syrian refugees …

  It didn’t take long for Malaysia to retaliate against North Korea for barring its citizens from leaving the country on Tuesday. Within hours, a security cordon had surrounded North Korea’s Malaysian embassy to prevent diplomatic staff from leaving. The response may not be legal under international law, but it’s certainly understandable. North Korea is not only accused of sponsoring …