The Reserve Bank of India has not exactly covered itself in glory since Nov. 8, when Prime Minister Narendra Modi sprung the news on a startled nation that 86 percent of its currency would be worthless within a few hours. The central bank’s refusal to release up-to-date data about the demonetization, its constant stream of confusing and contradictory orders …

  President Donald Trump is right about one thing: The US trade deficit with the rest of the world — which topped $500 billion last year — is unhealthy. It puts upward pressure on U.S. unemployment that can only be countered with policies that lead to rising debt. It doesn’t follow, however, that the worst culprits are always the countries …

  Bloomberg Poor fourth-quarter earnings from two United Arab Emirates companies weighed on stock markets there on Thursday while Kuwait pulled back in another day of volatile trade. Dubai’s index fell 1.2 percent to 3,683 points, retreating from major technical resistance at 3,737-38 points, the peaks in January. Air Arabia slumped 8.6 percent in unusually heavy trade after it made …