Opinion

Patent law is holding back scientific advancement

One of the biggest stories in science right now is the fight over the Crispr patents. Crispr is a gene editing technique that promises to allow previously unthinkable feats of bio-engineering. It was discovered in stages, like most scientific breakthroughs, by multiple teams working at various universities and research institutes around the world. The final, key advancements were made more-or-less ...

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The dark path to Brussels

The value of catastrophic events is that they can help people face up to problems that are otherwise impossible to address. Maybe this will be the case with Tuesday’s horrific attacks in Brussels. Europe is facing a security threat that’s unprecedented in its modern history, at a time when its common currency, border security and intelligence-sharing are all under severe ...

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Plug security loopholes before a Brussels replay

The terrorist attacks in Brussels have once again evoked the international resolve to defeat terrorism, defend freedom and human rights not only in Europe but also around the world. Posing a new challenge, perpetrators vented their anger over the arrest of Salah Abdeslam, the most wanted suspect in November’s attacks in Paris. They seem to send a vengeful message that ...

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Assessing market reactions to Brussels

The reaction of financial markets to the terrorist attacks in Brussels on Tuesday was calm and mature, showing that they have learned the lessons of such tragedies, which have become all too common. Nonetheless, markets will find it increasingly difficult to price the longer- term effects, including unusual political developments that could affect the global economy. The markets’ relatively muted ...

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Trump immigration attack begins in Brussels

Here we go again. Speaking on NBC’s Today show shortly after deadly terrorist attacks in Brussels, Donald Trump said the U.S. should “close up our borders until we figure out what’s going on.” The Trumpian rhetoric is now familiar: His proposal is both shockingly aggressive — it was accompanied by another call to “expand” American law to permit the torture ...

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Aquino’s military modernization is unprecedented, but insufficient

Shang-su Wu SPECIAL TO EMIRATES BUSINESS With his term set to end in June, it’s an appropriate time to review the Philippines’ military modernization efforts under the administration of President Benigno Aquino III. During his six years in office, military modernization has advanced at a scale unprecedented since the Marcos era – but it remains insufficient. After the Philippines gained ...

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Pulling up the ladder? Electoral reforms in Australia

Last week legislation to change the voting procedures for the Senate passed both houses of the Australian Parliament. With the current conservative Liberal/National coalition government not having a majority in the Senate, the legislation was passed with the assistance of the Greens, and the powerful South Australian Independent Senator, Nick Xenophon. Whenever a voting system becomes a topic of debate ...

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Good news for discouraged workers

Surprise: America’s discouraged workers are finding jobs — or so it seems. Unanticipated by many economists, this is good news for the country (and, assuming it continues, probably for Democrats this fall). Ever since the Great Recession, economists have worried that the severity and length of the slump would forever consign many workers to the sidelines. Their prolonged disconnect from ...

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Obama makes the right moves towards Cuba

With Barack Obama becoming the first US president to set foot on Cuban soil in 88 years, the US-Cuban relations are taking a new turn towards normalization after long decades of animosity. The trailblazing visit would gradually usher in a new era of bilateral economic ties. The US businesses see potential in Havana and on the island’s beaches where tourism ...

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Chinese students are only benefiting US universities

A new piece in Wall Street Journal discusses how the increasing number of Chinese students at U.S. universities generates discord within them, emanating from cultural shocks, academic dishonesty, and pedagogic challenges. To some degree, all these concerns are legitimate and they reflect a general picture of the shortcomings of the Chinese educational system, which tends to put more emphasis on ...

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