Trust is extremely valuable for markets and the economy. In its absence, though, technology might prove to be the next best thing. Doing business would be really easy if people could all trust each other. In rural parts of Japan, for example, it’s common to see unattended produce stands where farmers leave fruits and vegetables for sale. Customers pay ...

  This week, the European Union’s finance ministers granted some new debt relief to Greece. The new “short-term” measures are better than nothing — but they’re less than a convincing solution to a problem that has dragged on far too long. The deal, sketched out and agreed to in principle earlier this year, should help the Greek government convince voters ...

  Syrian army continues to make gains in Aleppo. On Wednesday regime forces took control of the Aleppo’s Old City as rebels retreated. Assad forces have retaken more than three-quarters of opposition territory since the offensive launched in November. More than 80,000 people have fled their homes in eastern neighbourhoods. After three weeks of fighting that has witnessed unprecedented aggression, ...