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Immigration better solved by opportunity, not walls: Merkel

Bloomberg German Chancellor Angela Merkel took a shot at President Donald Trump’s proposed border wall, telling an audience in Mexico that a physical barrier won’t resolve any country’s immigration issues. “We must fight against the causes that lead people to abandon their homes,” Merkel said at a business event at Mexico City’s Interactive Museum of Economics. “And constructing walls isn’t ...

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The moralist versus the dealmaker

What does the FBI director do when he suspects the president is a manipulative liar? The answer in James Comey’s case is that he writes memos, tries to evade demands for loyalty — and anguishes about protecting himself and the FBI. But by Comey’s own admission, perhaps he should have done more. The big news had already surfaced before Comey’s ...

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Almost everyone is a winner in India stocks this year

There’s something about the Indian stock market this year that’s turning the serious business of managing money into a kindergarten spoon race: Everybody is a winner. Well, almost everybody. Among offshore funds that primarily invest in India, the top 30, which between them account for $40 billion in assets, have produced average returns of almost 25% so far in 2017, ...

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