Even the most promising national economies can get big stuff within their control basically right and still be blindsided by events utterly beyond their control. Like, ahem, the trade conflict and market tumult. That’s certainly the case with Indonesia, a sprawling country of more than 260 million people tipped to have one of the biggest economies by mid-century. President Joko“Jokowi” ...

The US Federal Reserve’s next meeting is still five weeks away, and President Donald Trump is already talking the economy into a recession in his campaign for lower interest rates. Markets shouldn’t take his latest salvo too seriously. The Treasury Department formally labelled China a currency manipulator for the first time since 1998 after Trump took to Twitter to castigate ...

Long on a roll, right-wing nationalists finally seem to be overreaching. Evidence came from two different sources this week: India and Britain. Brexit, advocated and promoted by mostly English nationalists, always threatened the breakup of Great Britain. With new Prime Minister Boris Johnson now vowing to leave the European Union on October 31 without a deal and regardless of the ...