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Space defense makes some sense, if done seriously

President Trump has hurled so many thunderbolts recently that people may have missed the one that could have the greatest long-term impact on America’s national security — his directive to the Pentagon last week to start creating a new military service that he dubbed the ‘space force.’ It’s certainly a Trumpian idea: big and bold, with a Hollywood glitz factor; ...

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Draghi can’t save Europe this time

Europe’s leaders will face an awkward truth when they meet at a crucial summit on July 5. For much of the past decade they’ve been able to duck difficult decisions, secure in the knowledge that the European Central Bank (ECB) would step in and fix things. Mario Draghi did this repeatedly, first by providing a backstop to the monetary union ...

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Harley-Davidson is an early casualty of trade war

In a speech to a joint session of Congress shortly after his inauguration, President Donald Trump praised Harley-Davidson, the storied motorcycle manufacturer, as a great American company — the kind he most wanted to see succeed. Less than two years later, he is threatening to punish the firm for doing its best to survive his policies. This absurd turn of ...

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