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China’s Silk Road Belt outpaces Russia’s Economic Union

Announced in 2013 on a stage at Nazarbayev University in Astana, Kazakhstan by Chinese President Xi Jinping, the land-based portion of the “One Belt, One Road” initiative (the Silk Road Economic Belt) traces a line through Central Asia. The Chinese are far from the first to brand cross-regional trade visions under the Silk Road banner — although, as several speakers ...

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Clinton failed a test in Florida debate

Hillary Clinton’s performance in the debate in Florida on Wednesday was, as usual, a professional effort. She’s good at this, and she hit her marks repeatedly. But she also reminded me of one worry I have about her as president. Clinton had a good day in Michigan and Mississippi on Tuesday. That’s right: A good day. She received more votes ...

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Equities surge, Euro tumbles as ECB cuts rates, expands stimulus

BLOOMBERG The markets asked, and European Central Bank President Mario Draghi delivered. The Stoxx Europe 600 Index surged and government bonds rose, while the euro slid as the ECB announced cuts to key interest rates and increased the scope of its bond-buying program. U.S. stock-index futures jumped. South Korea’s won rallied after policy makers refrained from lowering borrowing costs, New ...

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