The high seas — all that deep water beyond 200 nautical miles from a coastline — are this planet’s last frontier. And like all previous frontiers, they’re ripe for plunder. But there may be a surprisingly simple solution to the scourge of overfishing on the high seas: a ban on commercial fishing in international waters. The proposition may sound ...

  North Korean leader Kim Jong Un claimed in his New Year’s message that the development of banned intercontinental long-range missiles is in ‘final stages’. US president-elect tweeted the following day: it won’t happen. Kim also vowed to further enhance his country’s military capability unless the US ends war games with rival South Korea. Trump is confident that Pyongyang will ...

  This is the year that active-investment management makes its return to form. It is the year, or so we are told, when active fights back, scores some points, and gets its revenge on passive indexers. For the record, active management never went away. The claim that it has returned, after a run of fairly horrific performance, is likely little ...