If you thought Emmanuel Macron would use his 2019 budget to rethink his increasingly unpopular presidency, think again. The French leader is doubling down on the pro-business agenda that he’s been pushing through since taking power last year. There’s nothing wrong with this. Macron’s pitch to voters was that he would speed up growth by cutting the role of the ...

As the UK stumbles towards leaving the European Union, domestic investors are becoming increasingly gloomy about the outlook for the nation’s stocks. With a no-deal Brexit looking increasingly likely, their growing pessimism is justified. Investment manager Hargreaves Lansdown Plc just published its latest survey of UK retail investors. Sentiment toward domestic stocks is even worse than it was during the ...

Italy’s new populist leaders appear to be sticking to the program that brought them to power: In their budget plans, they’re charting a course that could ultimately put the entire European project at risk. One can only hope that they will see reason. Since forming a government last spring, the coalition of the anti-establishment Five Star Movement and right-wing League ...