India’s government has long claimed that the country is one of the fastest-growing large economies in the world. That boast was a crucial part of the ruling party’s message in India’s recent election campaign — that, under Prime Minister Narendra Modi, the economy was in safe hands. Competence and sincerity as an economic manager is central to the image Modi ...

It was surprising timing for Italy to announce a 20-year syndicated bond just as Spain was bringing a 6 billion euro ($6.8 billion) 10-year issue on the same day. This is doubly true when you consider that both Germany and Portugal have regular 10-year auctions as well on June 12– more so when Italy itself has a scheduled sale of ...

President Trump spoke the right words in commemorating the 75th anniversary of D-Day, but did he mean them? So far, his presidency has been about defying the postwar order that was based on shared values and global partnership, rather than cementing its legacy. Trump spoke at what he rightly described as “freedom’s altar,” the burial site for nearly 10,000 Americans ...