Bloomberg Labour leader Jeremy Corbyn held back from declaring support for Britain’s nuclear weapons program and for the North Atlantic Treaty Organization as his security credentials came under examination in a BBC television interview, two weeks before the general election. Corbyn was asked repeatedly whether he supported the renewal of Britain’s nuclear weapons system, known as Trident, and nine times ...

If the US economy is going to prosper, it needs to keep taking in immigrants. Fertility is below replacement levels, and no country has discovered a way to raise native birthrates. That means that immigration is necessary for the survival of the Social Security system and the solvency of pension funds. Immigrants will allow small cities to grow and expand ...

On one level, there’s nothing so surprising about Moody’s Investors Service’s decision to downgrade China’s sovereign debt one notch to A1. Since March last year, when the rating company and its rival S&P Global Ratings cut their outlook on the People’s Republic’s credit standing, an eventual demotion has been the most likely outcome. Still, it mustn’t have been an easy ...