When Elected Leaders Pursue Risky Policies, What Can Stop Them?

When Elected Leaders Pursue Risky Policies, What Can Stop Them?

It has been a chaotic few weeks in geopolitics. At the beginning of the month, President Trump announced tariffs that threw the global economy into turmoil. Investors panicked, stock markets plunged, and analysts predicted an imminent recession. Mr. Trump insisted that he would not change course, even as trillions of …

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Nary a Critical Word: Bill Gates’s Close Bond With Narendra Modi

Nary a Critical Word: Bill Gates’s Close Bond With Narendra Modi

In September 2019, Bill Gates presented Prime Minister Narendra Modi of India with an award on behalf of his philanthropic organization, the Gates Foundation, for the Indian leader’s work on improving sanitation. An uproar followed. Three Nobel Peace Prize laureates wrote to Mr. Gates, arguing that Mr. Modi, who was …

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Why Investors Appear Unfazed by the Latest Trump Tariffs

Why Investors Appear Unfazed by the Latest Trump Tariffs

Elon Musk’s growing power in government appears to be making some of his businesses more of a magnet for investors. Case in point: Banks have managed to sell off most of the $12.5 billion worth of debt owed by X, his social network, to eager buyers. Investors are essentially betting …

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Trump’s Return Has Unnerved World Leaders. But Not India.

Trump’s Return Has Unnerved World Leaders. But Not India.

Over the past year, a pair of legal bombshells have put India’s growing relationship with the United States to one of its biggest tests yet. Just as the two sides were announcing unprecedented expansions in defense and technology ties, U.S. prosecutors accused Indian government agents of plotting to assassinate an …

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