Winning power is the easy part of politics. It’s what you do with it that counts. That’s going to be the challenge for Australia’s new Prime Minister Anthony Albanese, after a striking election victory that has swept the right-of-center Liberal-National Coalition from power after nine years. The scale of victory for Albanese’s Labor party looks surprisingly modest. As a ...

  The oil market is screaming at consumers to rein in their use of fuel. Governments are doing everything they can to have us to buy, buy, buy. But there can only be one winner in this battle, and it won’t be our elected representatives — or us. In March, just after the UK government announced a year-long cut in ...

Bloomberg Hours after President Vladimir Putin announced Russia’s invasion of Ukraine, Aeroflot PJSC’s top executives gathered at the airline’s headquarters down the street from the Kremlin. In the official part of the surreal board meeting, they discussed the flagship Russian carrier’s budget without mentioning the war or any risks it might create, according to two people familiar with the proceedings ...