Opinion: Vladimir Putin isn’t just losing in Ukraine — he’s set Russia’s economy back 40 years

To win a war you need will and means. I am cautiously optimistic that Ukraine has both in its fight against Russia. Ukrainian will increase with every mass grave of murdered civilians uncovered and with every liberated Ukrainian village. For Ukrainians this war is no longer about territory but about survival as a nation — … Read more

The Biden-Xi Meeting Was All Smiles. But Strategic Competition Is Set to Escalate.

Ben Wiseman Text size About the author: Reva Goujon is a director for China corporate advisory at Rhodium Group. The world heaved a collective sigh of relief when US President Joe Biden and his Chinese counterpart Xi Jinping met for three-plus hours in Bali. The moment came just 38 days after the US dropped a … Read more

China’s Xi Jinping Chides Justin Trudeau at G-20, Video Shows

Chinese leader Xi Jinping chided Canadian Prime Minister Justin Trudeau over what he described as a media leak during a brief encounter between the adversaries on Wednesday at a Group of 20 summit in Indonesia, a video shows. “Everything we discussed has been leaked to the paper. That’s not appropriate,” a visibly agitated Mr. Xi … Read more

Mergers Might Be Getting Easier. Here Are the ‘Arb’ Stocks to Watch.

UnitedHealth Group ‘s $13 billion acquisition of health-tech firm Change Healthcare is a go, after a federal judge ruled against the Justice Department’s antitrust challenge to the deal—and there are other merger deals that could get the green light in the months ahead. Change stock (ticker: CHNG) jumped some 7% this past Tuesday and Wednesday, … Read more

US stock futures rise ahead of Fed decision

US stock indexes rose on Wednesday, ahead of another expected sharp interest rate rise by the Federal Reserve and after Russian President Vladimir Putin escalated his war against Ukraine. How are stock indices trading The Dow Jones Industrial Average DJIA, +0.46% rose 143 points, or 0.5%, to 30,853 The S&P 500 SPX, +0.51% gained 18 … Read more

EU proposes to suspend billions in funds to Hungary

BRUSSELS — The European Union’s executive branch recommended Sunday that the bloc suspend around 7.5 billion euros (dollars) in funding to Hungary over concerns about democratic backsliding and the possible mismanagement of EU money. The European Commission, which proposes the bloc’s laws and ensures that they are respected, said it was acting “to ensure the … Read more

Fed Policy Is Driving Rising Housing Prices Despite Recession Indicators

Text size A new home under construction in Monterey Park, California Frederic J. Brown/AFP via Getty Images About the author: Susan Wachter is the Sussman professor of Real Estate and professor of Finance at The Wharton School of the University of Pennsylvania and co-director of the Penn Institute for Urban Research. She is currently an … Read more

South Korea offers North ‘audacious’ economic benefits for denuclearization

SEOUL, South Korea — South Korean President Yoon Suk Yeol on Monday offered “audacious” economic assistance to North Korea if it abandons its nuclear weapons program while avoiding harsh criticism of the North days after it threatened “deadly” retaliation over the COVID-19 outbreak it blames on the South. In a speech celebrating the end of … Read more

How to Wear a Suit Without a Tie—More Successfully Than These World Leaders

WHEN HEADS of state including President Biden, Canadian Prime Minister Justin Trudeau and outgoing Italian Prime Minister Mario Draghi posed for photos at last month’s G-7 Summit in Germany, it was clear they’d reached a consensus on at least one issue: Ties are passé. Although all seven men wore suits and starched white shirts, there … Read more