In 2015, Forbes writer Adam Ozimek suggested that a “new liberal consensus” is forming in the economic-policy world. The data back him up. Many economics professors now tend to favor government intervention in the economy more than the general public. And the profession’s biggest public stars, from Paul Krugman to Thomas Piketty to Joseph Stiglitz, are now more likely to ...

  It is not easy to keep an orderly house in an unsettled neighborhood. That’s the major hurdle facing Asian economies as the advanced world deals with unusual economic, financial, institutional and political fluidity. Judging from China’s gross domestic product data released this week, Asia is in a relatively favorable position to navigate the challenges. But the battle is far ...

  Just over a year ago, Tesla sent out a software update to its cars that made its “Autopilot” features available to customers, in what the company called a “public beta test.” In the intervening 12 months, at least one customer died while the Tesla was in autopilot mode. Cars have crashed, regulators have cracked down, and the headlines proclaiming ...

  WAZIRISTAN / WAM Chief of Pakistani Army Staff, General Raheel Sharif inaugurated on Saturday Spinkai Cadet College in South Waziristan, which was built as part of the UAE-funded Project to Assist Pakistan (PAP) at a total cost of US$ 6.3 million. The College was built in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, ...

  Geneva / WAM A delegation of the UAE’s Federal National Council will join MPs from 138 countries on Monday, in Geneva to determine specific ways in which parliaments can respond effectively to serious human rights violations and their underlying causes, including human rights situations likely to lead to conflict, among other issues. Dr Amal Abdullah Al Qubaisi, Speaker of the ...

  Dubai / Emirates Business All regional and global attention is now turned to Dubai for the much-awaited opening of the prestigious ‘Dubai Maritime Week 2016’ to be held under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council. Dubai Maritime City Authority (DMCA) is all ...

  Dubai / WAM The UAE Water Aid Foundation (Suqia), under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), has received 137 applications to participate in the Mohammed bin Rashid Al Maktoum Global Water Award. The Award is worth USD 1 million and aims to find solutions to the global problem of water scarcity. Suqia announced that ...

  Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, has donated school supplies to underprivileged children studying at Noshera Mewat Public Middle School near New Delhi, India. The donation was presented at the official re-opening of the school, which has been fully rebuilt with funds raised by the Abu Dhabi-based airline. Students received ...

  Dubai / Emirates Business The UAE can be a regional hub for global pharmaceuticals manufacturing, with innovation driving performance in the sector, the leaders of some of the world’s largest pharmaceutical companies heard at a briefing led by the UAE Government and supported by the Global Manufacturing and Industrialisation Summit (GMIS) – the world’s inaugural global gathering for the ...

  Dubai / Emirates Business Dubai Wholesale City (DWC), the largest wholesale hub in the world, is organizing a visit to China that targets Chinese investors in a number of major cities, including Yinchuan, Yiwu, Shanghai, and Beijing. A delegation from Dubai Wholesale City, headed by its CEO, Abdulla Belhoul, will hold meetings with government and private organizations in China, to ...