“Without a far larger pool of renminbi assets that foreigners can freely buy and sell, the renminbi cannot come close to replacing the dollar.”

“It is simply not possible to fund the state’s needs by leaning on a few hundred people, as politically appealing as that may be.”

College athletes became paid players and brand spokespeople almost overnight. Meltzer argues they still lack a framework and trustworthy advocates, even as Congress and the Big Ten move to impose order.

Countries have a shared interest in defending international law—even when doing so may create friction with the country violating it.

The managing partner of Rakuten’s venture arm says the region’s startups lack the scale and exits to justify U.S.-style checks.

Meteorologists said unusually high temperatures across the Bay of Bengal helped fuel Arnab.