Bloomberg Iran has arrested three Australian citizens, including two with dual British nationality, in what appears to be a stepped-up targeting of foreigners for arrest amid a tense standoff with Western powers over the nuclear deal. Australia’s Department of Foreign Affairs and Trade confirmed the detentions, but declined to provide further details due to “privacy obligations.” The Times newspaper reported ...

The verdict of history is that the trade war that’s now raging between the United States and China will lead to no good — with consequences that could go well beyond trade and threaten the world’s geopolitical and economic stability. How this plays out is anyone’s guess, but we should not pretend that there is no danger in letting the ...

The tidal wave of asylum seekers that hit Europe in 2015 is often stereotyped as an invasion of poorly qualified migrants destined to be charity cases in the receiving countries. Recent research shows it’s not true. Germany, which welcomed the immigrants and almost immediately regretted it, is likely to end up profiting from Chancellor Angela Merkel’s decision to let them ...