Much of the commentary about Facebook’s proposed Libra coin has focused on its defects as a cryptocurrency – centralised governance, weak privacy protections – or as a payment processing system – low throughput, inability to handle multiple currencies. I think it’s more interesting to examine the process for creating Libra rather than specific technical features. But Libra is a work-in-progress. ...

If you’re in the business of selling passenger aircraft, design flaws that might cause your planes to crash ought to be non-existent. That’s why the discovery of a second critical safety risk on Boeing Co.’s 737 Max is so alarming. Tests by the US Federal Aviation Administration found that flight computers could cause the plane to dive in a way ...

It’s easy to see the current stalemate over who gets the European Union’s top jobs as a battle between France and Germany. In reality, it’s a conflict between institutions. A group of EU leaders, headed by French President Emmanuel Macron, are trying to deny the recently elected European Parliament one of its key prerogatives. For the sake of the whole ...