Sweden opp leader resigns a year ahead of elections

Bloomberg Anna Kinberg Batra stepped down as leader of Sweden’s biggest opposition party as the center-right bloc finds itself in disarray one year ahead of elections in the largest Nordic economy. Kinberg Batra resigned amid growing internal discontent over her stewardship and falling support in public opinion polls. Only 6 percent of all voters and a third of her party’s ...

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Car bomb kills eight at Baghdad market

BAGHDAD / Reuters A car bomb killed at least eight people in a crowded vegetable market in a Shi’ite Muslim district of Baghdad on Monday, police and medics said, in an attack claimed by IS. The car detonated in the eastern district of Jamila, police said, as Iraqi government forces were preparing to declare victory over the Sunni Muslim militants ...

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This president can’t be the healer-in-chief

President Bill Clinton went to Oklahoma City after a terrorist bombed the federal office building there in 1995. President George W. Bush lifted a bullhorn at the ruins of the World Trade Center on September 14, 2001. President Barack Obama sang “Amazing Grace” in Charleston, South Carolina, at a funeral there for a victim of the 2015 shooting spree in ...

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Laws that subvert the rule of law

When John Adams wrote into Massachusetts’ Constitution a commitment to a “government of laws and not of men,” he probably assumed that the rule of law meant the rule of laws, no matter how many laws there might be. He could not have imagined the modern proliferation and complexity of laws, or how subversive this is of the rule of ...

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Markets are losing their patience for Trump’s antics

I have been recommending a defensive stance in equities since at least February, and truth be told, that hasn’t worked out so well. The S&P 500 Index has returned 4.3 percent since then, including reinvested dividends. I’m not ready to throw in the towel. What compels me to keep at it is the behavior of stocks at the close of ...

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It’s for winning hearts and minds in Latin America

President Donald Trump’s threat to exercise a US “military option” in Venezuela was irresponsible not because it was unrealistic, although it was, or because it reinforced that nation’s tottering autocracy, although it did. The lasting damage of Trump’s words may be to the US relationship with Latin America. For the first time in more than a decade, some of the ...

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Is Trump’s Afghanistan plan better than Obama’s?

In a sense, President Donald Trump threaded a rhetorical needle last week explaining why he will prolong the war in Afghanistan that he had opposed as a candidate. America will no longer fight for girls’ schools and democracy. Instead, it will fight to destroy terrorists. “We will not dictate to the Afghan people how to live, or how to govern ...

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Old ideas about foreign trade are being retired

Most academic models of international trade are pretty simplistic. Some of these models are surprisingly effective for making certain types of predictions—for example, economists are very good at predicting how much different countries will trade with each other. But they’re not so good at predicting what kind of things the countries will specialize in, which country will have a trade ...

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Democrats need a message, not a policy platform

Democrats are in terrible shape. Republicans control all three branches of government in Washington, 34 of 50 governorships, and 68 of the 99 state legislatures. As they plot a comeback, Democrats have one obvious asset: the reckless presidency of Donald Trump. That’s not enough to close such a huge gap. And the battles that have started to rage inside the ...

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Stocks rise as traders weigh Harvey

Bloomberg US stocks edged higher, the dollar struggled and gold rose as investors weighed the damage from Tropical Storm Harvey. European stocks started the week on the back foot following Friday’s euro surge, but managed to pare a drop. Gasoline surged to the highest in two years and oil declined as flooding from Harvey inundated refining centers along the Texas ...

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