Greg Fuzesi, an economist at JPMorgan, estimated that the low level of the Rhine and other important German rivers shaved off 0.7 percentage points of economic growth in 2018. The phenomenon, caused by a year of extraordinarily warm and dry weather, was almost certainly related to human-driven climate change. The damage to the economy makes it even more urgent for ...

Remember when proximity to China was an unalloyed positive? That worked great when China was in an upswing or chugging along; it’s not so great now that China is cooling. Across Asia, the slowdown is forcing export-dependent economies to lean more on domestic motors and contemplate juicing growth through either monetary or fiscal easing. China’s gross domestic product numbers showed ...

To have one airline limping forward on the brink of bankruptcy may be regarded as a misfortune. To have two looks like carelessness. That’s the fundamental problem for India’s aviation industry, home to the critically ill Jet Airways India Ltd. and its state-owned rival Air India Ltd., which more or less died in 2012 but has been kept on life ...