Five years ago, I emigrated to Germany from Russia, because it had abandoned any pretense of wanting to be a European country. Now, I’m watching in amazement as Britons are doing the same, in droves, for the same reason. It’s well known that tens of thousands of UK citizens have obtained second passports from Ireland as insurance against a post-Brexit ...

As we count down to this month’s meetings of the European Central Bank and the Federal Reserve, both of which are expected to maintain their monetary easing stance, the US yield curve has been quietly undoing the inversion that had raised alarms in the corridors of the world’s two most systemically important central banks. Over the last few weeks, the ...

On October 23, Mark Zuckerberg, Facebook’s chief executive, testified about his company’s cryptocurrency project at a hearing held by the House Financial Services Committee. In his testimony, Zuckerberg tried to reassure Congress that Facebook’s Libra cryptocurrency would square the circle between financial inclusion and regulatory adherence, consumer privacy and proactive fraud detection. The one thing he didn’t manage to address ...