As Theresa May takes over as U.K. prime minister, her first job is to steer the British economy past the shock of Brexit. But almost as important is the largest rewiring of British foreign policy since World War II — including its relationship with its closest ally and former colony. May becomes the 12th head of government since Winston ...

  Mark Gilbert Have you heard? The platforms of London’s St. Pancras train station and the departure lounges of its airports are packed with anxious investment bankers, ordered by their employers to relocate following Brexit. Of course, that isn’t happening at all; the U.K. decision to leave the European Union hasn’t prompted an overnight exodus. But the banks that warned ...

  James Gibney Donald Trump’s recent Trademaggedon speech has unleashed a lot of “elite” spluttering. He doesn’t understand economics! He gets his facts wrong! His remedies are wildly unrealistic and counterproductive! Which is all true. But just as important was one point where he got some of his facts right, because it highlights the difficulty of talking straight about trade ...