Macron’s Defense Dream Is Getting Caught in Musk's Web

Published on March 8, 2025

Italian Prime Minister Giorgia Meloni is getting cold feet over a proposed €1.5 billion ($1.6 billion) deal with Elon Musk’s SpaceX, according to Bloomberg News. As well she might.

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India’s Top Banker Must Ease Credit, But Not Too Much

March 8, 2025
Sanjay Malhotra, the new Reserve Bank of India governor, is right to unwind some of his predecessor’s hawkish controls on a runaway consumer-credit boom. There was a time to throw sand in the wheels of commerce.

Fed’s Bowman Says Economy’s Neutral Rate Higher Since Covid

March 8, 2025
Federal Reserve Governor Michelle Bowman said the neutral level for the central bank’s policy rate had likely risen since the Covid-19 pandemic.