Angela Merkel’s victory in Sunday’s election gives her a fourth term as Germany’s chancellor and should be seen as a remarkable achievement—one that few would have predicted back in 2015, when her popularity slumped during the worst of the refugee crisis. Merkel’s resilience, based on a careful blend of principle and pragmatism, deserves to be celebrated. To be sure, this ...

The European Commission tentatively opened the door to a plan by 10 member states, including Germany, France, Italy and Spain, to hit multinational tech companies with a turnover tax to compensate for their avoidance schemes. A new proposal presented by European Commission Vice President Valdis Dombrovskis allows for such stop-gap measures while it works with members states on a better, ...

Before Obamacare, state governments were the chief regulators of health insurance. Obamacare put the federal government in that role. The latest Republican health-care bill, sponsored by Senators Lindsey Graham, Bill Cassidy and others, would partially reverse that shift in authority. It would also give states the ability to allocate a lot of federal health-care dollars as they wish. The fact ...