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Donald Trump vs. the Fed

President Trump, do yourself a favour. Stop attacking the Federal Reserve and its chairman, Jerome Powell (yes, the same Powell you nominated). The result would be better for you, better for Powell and — most important — better for the country. Unfortunately, Trump can’t seem to restrain himself. The Fed has been raising short-term interest rates since late 2015 and ...

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Taiwan learns to love nuclear, a little

Just as the sun seems to be setting on nuclear power in rich countries, Taiwan’s voters have delivered it a new lease on life. A plebiscite on whether to repeal a law requiring the country’s four operating reactors to switch off by 2025 passed with 59.5% of the vote in the country’s local elections. As a result the government will ...

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France and Germany slash bankers some Brexit slack

Just what does a no-deal Brexit look like? Everyone is bracing for it – some even talk of stockpiling food and medicines – but nobody quite knows what the consequences of driving off the cliff-edge would be. As UK Prime Minister Theresa May uses that fear of the unknown to prod lawmakers into approving her imperfect but take-it-or-leave-it deal, Paris ...

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