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Tillerson’s agonizingly slow start at State

  Rex Tillerson is off to an agonizingly slow start as secretary of state. That matters, because if Tillerson doesn’t develop a stronger voice, control of foreign policy is likely to move increasingly toward Stephen Bannon, the insurgent populist who is chief White House strategist. Tillerson’s State Department has been in idle gear these past two months. He doesn’t have ...

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The curious case of India’s friendless stocks rally

  The odd thing about India’s stock market rally is just how little faith investors have in it. The Nifty 50 Index is barely 2% away from its all-time intraday high, but unlike the S&P 500 Index, which has closed at records 13 times this year, the Indian benchmark is struggling to break free of scepticism. Given the froth in ...

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China’s turn to deal with North Korea

  Chinese President Xi Jinping seems interested in embracing the role of global steward — champion of the liberal political and economic order the U.S. administration seems uninterested in promoting. Now is his moment to prove he’s serious. China’s erstwhile client North Korea has become an urgent threat to stability — Xi’s stated top priority — from one end of ...

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