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Italy gets a warning from the 14th century

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If you needed extra proof that Italy’s public debt is the main event in Europe, look no further than a document released last week by the so-called ‘New Hanseatic League’—a group of eight fiscally cautious eurozone countries named in homage to the group of northern European trading powers whose zenith was in the 14th century. The modern-day evocation of the ...

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Can they overcome distrust? Doubtful

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President Donald Trump and Congress face a mountain of unfinished business — and chances are that most of it will stay unfinished. Of course, no one knows what will happen, and the president and congressional leaders of both parties have made the usual noises about cooperation. “There are a lot of good things that we can do together,” the president ...

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Brexit is puting London’s free access to business in jeopardy

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Paris, Frankfurt and other European cities are rolling out the red carpet to welcome financiers quitting London as Brexit puts the UK capital’s free access to business on the continent in jeopardy. Rival hubs have love-bombed firms with promises of tax breaks and sweeteners. But they need to be on guard against a regulatory race to the bottom — as ...

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