Opinion

The UAE has started reaping the fruits of its economic diversification policy, thanks to the successful policies initiated by the leadership to move the economy from its full dependence on oil sector to multiple sectors and resources. Given these sound policies, the national economy has grown steadily over the past few years. The economy today is stronger, resilient and diversified. ...

Robert Farley SPECIAL TO EMIRATES BUSINESS The end of the Cold War led to the largest military demobilization since the final days of World War II. Between 1988 and 1999, the Soviet Union alone reduced its military personnel by about three million men (although some of these found employment in the armed forces of successor states). The rest of the ...

What state to citizens in the former Soviet Union view as the biggest threat? Last year Gallup polled thousands across Eastern Europe and Eurasia about which state they viewed as the biggest threat. “What one country in the world would you say poses the greatest threat to your country?” People were asked. The results released this week are interesting, though ...

Jean-Michel Paul Britain’s economy may be growing at a faster rate than its European counterparts, but there are two statistics that ought to give concern: London’s stratospheric real estate prices and the country’s current account deficit (which measures the sum of exports and imports and net investment flows as well as net transfers). They are, in fact, two sides of ...

While Pakistan is already struggling with a potential existential threat—the scourge of terrorism—it’s currently siting on an even bigger ticking time bomb. Ahead of the United Nations Climate Change Conference in Paris in December 2015, the Pew Research Center conducted a survey measuring perceptions of different international issues (such as global climate change, global economic instability, and IS). In Pakistan, ...

Trumpanomics doesn’t compute. The media keep piling on Donald Trump, because he keeps saying things that are controversial, impractical, undesirable and — in some cases — simply impossible. Into this last category has now tumbled something new: Trump told Washington Post reporters Robert Costa and Bob Woodward that he could eliminate the $19 trillion federal debt over “a period of ...

Economists have once again sounded an alarm in a study that trillions of dollars worth of financial assets may be under threat from global warming by 2100, if no appropriate measures are taken to mitigate its impact. The World Economic Forum had also cautioned in January that climate change could be the biggest potential threat to the global economy in ...

Elaine Ramirez SPECIAL TO EMIRATES BUSINESS Four years ago, a backpack-toting software engineer strutted on to South Korea’s presidential campaign stage with the vow to reform the two-party system and heal the bipartisan split with a new shade of politics. The self-made entrepreneur, antivirus creator, and former school dean Ahn Cheol-soo attracted swarms of young voters who pinned hopes on ...

Last week the leaders of China, Japan, South Korea, and the United States were in Washington, D.C. to remount a political charge against North Korean leader Kim Jong-un’s recent behavior. It’s encouraging to see President Xi Jinping chip in for world peace alongside Asia’s other power brokers, as it is to see Japanese Prime Minister Shinzo Abe and South Korean ...

Even as democracy continues to flounder in neighboring Thailand, Myanmar registered a monumental event last week, when it swore in its first democratically elected civilian president in over five decades. To be sure, this isn’t the end of the struggle for democracy in Myanmar. The country’s laws still reserve key subjects of governance – including home, defense, and border affairs ...