Opinion

No issue has aroused more partisan passion over the past six years than the Affordable Care Act. Yet the law is playing only a secondary role in the U.S. elections. Sure, Republican presidential candidates cater to their base by vowing to repeal and replace Obamacare, and on the Democratic side, Senator Bernie Sanders of Vermont promises to replace it with ...

US politics today presents, to this foreign observer at least, a very un-American spectacle. A country originally built on immigration is awash with popular hatred against immigrants. A candidate of the right rails against free trade and foreigners, while that of the left proclaims his faith in socialism. Xenophobia is rife. Class war seems perilously close to the surface. The ...

The Chinese Communist Party’s relationship with the private sector is a sensitive one, both in ideological and practical terms. Though it remains a nominally communist state, China’s role as an economic superpower is owed entirely to the fundamental overhaul of its state-controlled economy. Starting with Deng Xiaoping’s “Reform and Opening” campaign in 1978, the government gradually ceded control over the ...

We are a very wealthy society, and we shouldn’t forget it. Donald Trump apparently has — along with many other people. Visiting recently with The Washington Post editorial board, here’s how Trump explained his suggestion that the United States limit its overseas military commitments, including support for NATO, founded in 1949: “I think that we are not in the position ...

Global economy is facing uncertainties as never before. It’s challenges galore out there. The business ecosystem is changing in the flicker of an eyelid. And the small and medium-sized enterprises (SMEs) are not untouched by these swift changes. No wonder then the UAE government has a tough task ahead: not just to support the segment but also to ensure that ...

On Wednesday, the Philippine government said that it had created a new task force to coordinate its policy on the South China Sea – which Manila calls the West Philippine Sea – amid rising tensions with China and ahead of a verdict on a case which it has filed against Beijing. According to a document issued by the presidential office ...

Travellers love Virgin America, the hip, mood-lit airline backed by Richard Branson. And why not? The self-described “low-fare, upscale” carrier promises passengers that they don’t need to accept the dismal nickel-and-dime, fee- for-everything flying experience offered by the competition. Instead, fly Virgin and you can have it all — legroom and the cheap ticket. Unfortunately, telling customers they can have ...

Jean-Michel Paul There was a time when Belgium was at Europe’s vanguard. It was the second country in the world to industrialize, the founder of art deco and surrealism, and a producer of Nobel scientists who discovered — among other things — the God particle. I was born and bred in this country, but I fear we are now trailblazing ...

The leading academic theory of asset bubbles is that they don’t really exist. When asset prices skyrocket, say mainstream theorists, it might mean that some piece of news makes rational investors realize that fundamental values like corporate earnings are going to be a lot higher than anyone had expected. Or perhaps some condition in the economy might make investors suddenly ...

It’s a big story that has stayed beneath the radar of most American media. Somehow, cyber criminals stole $81 million from Bangladesh’s central bank (its Federal Reserve). The theft surely qualifies as one of the biggest cyber heists ever. It’s also a reminder that the world’s financial systems remain vulnerable to cyberattacks from groups or countries more interested in making ...