The North Atlantic Treaty Organization (NATO) has now formally enlisted in the fight against IS extremists. It can begin by helping to stem the flow of refugees trying to reach Europe from North Africa. This would be more than a humanitarian exercise; it would be a counterterrorism operation. Wherever refugees gather in hopelessness, violent extremists have a fertile recruiting ground. …

In environmentalist circles, there’s a common trope that for humanity to prevent catastrophic climate change, economic growth must stop. This idea has helped to turn what should be a hard-headed, rational debate into a partisan political one — many on the right suspect that climate-change activism is a thin veneer for a socialist plot to throttle the economies of the …

The Italian government looks set to put Veneto Banca and Banca Popolare di Vicenza, two troubled regional lenders, into liquidation, selling off the good assets to a rival bank for a symbolic price. The toxic assets would be transferred to a bad bank, mostly funded by the government. Shareholders and junior bond-holders would contribute to the rescue, while senior creditors …