Bloomberg France’s European Affairs Minister Nathalie Loiseau accused nationalist leaders of being in thrall to the US and Russia, as she sought to turn the tide on the populist wave surging across Europe. Loiseau cited former White House strategist Steve Bannon as she suggested that Europe’s nationalists are open to undue foreign influence, saying they “have found their masters in ...

Should we just give up now? The world’s electrical utilities need to reduce coal consumption by at least 60 percent over the two decades through 2030 to avoid the worst effects of climate change that could occur with more than 1.5 degrees Celsius (2.7 degrees Fahrenheit) of warming, the Intergovernmental Panel on Climate Change (IPCC) announced on Monday. Such a ...

I suspect that long-time watchers of China’s reform efforts may not be that enthusiastic about yesterday’s decision by the country’s central bank to cut the required reserve ratios for banks. Although understandable as a short-term response to a more challenging growth environment, it risks being another attempt to crank up an old economic- model whose effectiveness has declined and whose ...