The European Parliament elections were meant to mark the high point of populism in Europe. Instead, they may have led to the political demise of its earliest champion: Alexis Tsipras. Greece’s prime minister, who stunned the continent with a double win in consecutive general elections in 2015, has called a snap vote that will probably be held at the beginning ...

The downside of being the most liquid emerging market currency is that it’s hard to avoid the impact when investors turn cold on risk assets. Unfortunately, South Africa’s rand has other issues to wrestle with too. The currency has recovered some of its poise after a selloff last week. But even as the political situation settles, there’s another technical dynamic ...

Debate continues about how much the costs of this trade war fall on China vs. the US, but the American contributions to that debate are overlooking some of the biggest victims: the countries “caught in the middle.” The current trade war is making it harder for many countries, and many businesspeople, to maintain even a partly pro-American stance. Take Pakistan, ...