America is following an “arsenal of democracy” strategy in Ukraine: It has avoided direct intervention against Russian invaders, while working with allies and partners to provide the Kyiv government with money and guns. That strategy, reminiscent of US support for Britain in 1940-41, has worked wonders. Yet as the war reaches a critical stage, with the Russians preparing to consolidate ...

Elon Musk wants to buy Twitter Inc for $43 billion — but he has only about $3 billion in cash on hand. Most of the fortune of the world’s richest man, which adds up to some $259 billion, is tied up in Tesla Inc and other nifty things. So if he’s serious about a takeover — and there is ample ...

  Two of Asia’s most important trading nations stepped up the fight against inflation as the battle with Covid winds down. Like the spread of the virus, officials need to reckon with a certain inevitability: The pace of price increases will only accelerate, in the medium term. No matter the response, there will be economic costs. The Monetary Authority of ...