Donald Trump’s inauguration marks a global inflection point: He takes office at a moment when many analysts see a transition to a new economic and political order — one where the risks for the United States and its allies are likely to increase. Trump’s promise to “make America great again” resonated with many disaffected voters at home. But abroad, …

  Japan Inc. is getting a raw deal in India. Some of its high-profile investments in the country have created more wealth for arbitration lawyers in London and Singapore than they have for shareholders. Those who were expecting great things from the bromance between Japanese Prime Minister Shinzo Abe and his Indian counterpart Narendra Modi have reasons to be disappointed. …

  The worst levels of air pollution are generally found in Beijing, Delhi and other metropolises of the developing world, where headlong growth stirs up construction dust and energy providers still burn a lot of coal. But the air in London is dangerously polluted, too, with concentrations of nitrogen dioxide in some parts of the city measuring among the highest …