Bloomberg The Trump administration’s national security strategy calls for a more aggressive approach toward stopping a North Korean missile strike on the US: knocking the weapons out prior to launch. But it’s unclear that the US has the technology or on-the-ground intelligence to effectively carry out a preemptive strike in that kind of crisis situation. And if it fails, the ...

The Tax Cut and Jobs Act of 2017 — commonly known as the Republican tax reform bill — has a number of good things in it. My Bloomberg View colleague Justin Fox has an excellent rundown. The corporate-tax rate cut was something that needed to happen for a long time, and mainly just follows the example set by other developed ...

One year ago, India’s bond market was riding a wave of unprecedented liquidity. Now it’s mired in all kinds of doubts, ending 2017 weaker than Chinese sovereign debt when the opposite outcome would have been more natural. After all, India saw a ratings upgrade by Moody’s Investors Service during the year, while China was downgraded. The message for Indian Prime ...