If there is anything to be gained from President Donald Trump’s ‘disgraceful’ attack on the credibility of the widow of a US Special Forces soldier killed in Niger, it’s that Americans are finally becoming aware of the expanding US mission against extremist violence now spreading across the Sahel region of Africa. As Joint Chiefs of Staff Chairman Joseph Dunford explained ...

People tend to like big, sweeping theories of economic history. When Karl Marx foretold a supposedly inevitable series of class conflicts and revolutions that would end in a communist utopia, the idea was so powerful that it inspired revolutions, alternative economic systems and wars. Other thinkers depicted economic history as the triumph of a particular culture, or the inevitable ascendance ...

After three years of hand-wringing, India has finally done the right thing by its struggling banks. The 2.1 trillion rupees ($32 billion) capital infusion into state-run lenders announced by Finance Minister Arun Jaitley on Tuesday evening has been well received by rating companies, despite its unconventional structure. As much as 1.35 trillion rupees will come from banks’ own resources. The ...