The bugbear of deflation is threatening to claim new victims Down Under, after having already wreaked havoc across some of Asia’s biggest economies. The latest inflation data from Australia showed the world’s 12th-largest economy has slipped into deflation for the first time in seven years. Falling clothing, food and gasoline prices pushed the consumer price index down 0.2 percent …

  Donald Trump’s foreign policy speech lays out what would be a disastrous course for the U.S. with regards to Russia and European security. On the other hand, for Europe and its eastern neighbor, the disengagement he is proposing might work out quite well — just not in the way Trump intends. Trump’s most specific statement — an extremely rare …

  BLOOMBERG Equity markets in the United Arab Emirates extended declines on speculation recent gains were overdone after earnings fell at some of the country’s biggest banks. Abu Dhabi’s ADX General Index slipped for a second day, dropping 0.8 percent to 4,506.14 at the close, the lowest level in more than two weeks. First Gulf Bank PJSC, the emirate’s third-largest …