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}A daily digest of opinions and analysisA Business Tax Vanishing ActDespite all the talk of lowering the corporate tax rate, U.S. firms are already paying a lot less than they used to. Justin Fox investigates — and finds a big problem with the Trump administration’s proposals.How Theresa May Can Put Brexit Back on TrackBritain’s government faces two crucial obstacles in its negotiations with the European Union, and it’s in Theresa May’s power to break through both. Clive Crook examines how the prime minister can accommodate the competing interests of Brussels and Brexit hardliners. Role Reversal: Now Europe Looks Stable and the U.S. VolatileThe continent is healing from a decade of crisis — but the Trump administration could upend that at any time. Rome-based analyst Ferdinando Giugliano explains why Europe may be regretting its globalized (and vulnerable) economy.Russia Is an Emerging Agricultural SuperpowerClimate change is pummeling most of the world, but it’s helping the increasingly productive Eurasian grain belt: For the first time ever, Russia has exported more wheat than the entire European Union. Leonid Bershidsky sees a major opportunity for a region trying to chart out its post-oil future. Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Bloomberg GadflyBack to bond schoolThe fund that’s too big to scaleNorth Korea can disturb Japan’s zen, not yen(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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