US President Donald Trump is known to admire his Russian counterpart, Vladimir Putin. That doesn’t mean, however, that he should imitate some of Putin’s least effective policies – such as declaring war on European cheese. In the US, a 25% tariff on cheese imported from the European Union kicks in on October 18. In 2014, Russia banned EU cheese, and ...

It’s been a decade since the worst financial crisis since the Great Depression, and yet here we are in a world where the highest government bond yield starts with the number “2.” Among the world’s major developed economies, only the English speaking countries – the US, UK, Canada, New Zealand and Australia – still have monetary policy rates above zero. ...

A troubled British consumer brand with an illustrious past. Too much debt. A big Chinese investor. Sound familiar? Pizza Express Ltd., which is preparing for debt talks with creditors, is being compared to Thomas Cook Group Plc, the travel operator that collapsed last month. The 54-year-old restaurant chain isn’t in as precarious a state as Thomas Cook was for much ...