AUG 13, 2017

NATO Troops Can't Fight If They're Stuck at Customs

The D-Day landings in 1944 were the most complex military operation in history, but at least the GIs didn’t need to get their passports stamped on Omaha Beach. It sounds absurd, but today U.S. and NATO forces have to contend with such formalities, and more besides, as they go about their business of defending Europe.

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AUG 07, 2017

Has China's Rise Topped Out?

The fall from grace of China’s Anbang Insurance Group Co. Ltd. continues to get steeper. Not long ago, the mysterious firm was chasing one foreign deal after another, becoming a symbol of China’s global economic ambitions. Now it appears the government may be pressuring Anbang to divest those prized foreign assets. If that proves to be the case, China will have given foreign businessmen yet another reason to be wary of working with Chinese companies: the uncertainty of an erratic, intrusive state meddling in private financial affairs.

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JUL 29, 2017

Macron's Faux Pas

France's new president, Emmanuel Macron, vowed to attract more foreign investment and to push for greater European integration. His government's decision to block an Italian takeover of France's STX shipyard has broken both promises in one fell swoop.

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JUL 21, 2017

Nafta Gets a Reprieve

President Donald Trump has made a welcome retreat from his threats to scrap "the worst trade deal maybe ever signed anywhere." His administration's plan for renegotiating the North American Free Trade Agreement, released this week, is surprisingly benign.

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JUL 16, 2017

Trump's Disastrous Thinking on Trade

Apparently, Donald Trump's administration is about to release its report on the national-security implications of steel imports. This week the president again complained about the dumping of steel in the U.S. market, and talked of the need for tariffs or quotas. "Maybe I'll do both," he said.

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