Bloomberg Japanese Prime Minister Shinzo Abe downplayed the significance of military drills involving a submarine in the South China Sea, saying relations with China are on the right track. Japan held a submarine exercise in the South China Sea, which also involved five aircraft and three destroyers, on September 13, according to a statement from Japan’s Maritime Self-Defense Force. Kyodo ...

Bloomberg President Donald Trump said the US is looking “very seriously” at establishing a permanent military base in Poland. Trump said at an Oval Office meeting on Tuesday with Polish President Andrzej Duda that the two would discuss the possibility and “we’re looking at it very seriously.” “Poland is willing to make a very major contribution to the United States ...

A ll during the 2008-09 financial crisis, Americans were told that the government was saving Wall Street not to protect overpaid bankers but to help Main Street avoid a second Great Depression. It was a hard case to make. However valid the logic, it was overwhelmed by infuriating realities — government was pouring tens of billions into the financial system ...