By going officially and formally rogue, Poland may unwittingly have done the European Union a favour. In blatantly challenging the bloc’s legal authority, Warsaw is forcing the EU to decide whether it wants to become the “ever closer union” it claims to be, or to remain the malleable club of nations it actually is. Union or club — either way ...

That was one sharp hawkish volte-face from the Bank of England (BOE). Over the weekend, three Monetary Policy Committee (MPC) members, including Governor Andrew Bailey, made clear that they are ready to raise rates sooner rather than later. The UK government bond market really doesn’t like it. Gilts, which UK Treasury bonds are called, have been the worst-performing major fixed-income ...

Bloomberg Kim Jong Un showed off his increasingly varied arsenal of missiles designed to frustrate US defense systems, in a rare display that appeared to be the North Korean leader’s latest effort to break a diplomatic stalemate over his nuclear program. Blaming the US for “creating regional tension with wrong decisions and action,” Kim vowed at a defense forum to ...