Opinion

  Stronger Consumer Confidence Index (CCI) in both Abu Dhabi and Dubai reflects the UAE economy is healthy and has weathered the storms of lower oil prices and the global economic slowdown. The General Index for Consumer Confidence in Abu Dhabi’s economic performance during Q1 of 2016 recorded about 115 points on average, which means consumers are positive about the …

China’s claim of jurisdiction over pretty much the entire South China Sea boils down to this: Dudes, we’re back. That is, after a century of humiliation at the hands of foreign powers and 67 years of rebuilding since the Communists took power, the country is ready to reassert dominion over a body of water that has been in its sphere …

  Whilst the brotherhood of European Union countries has shrunk by one, the community of Shanghai Cooperation Organization (SCO) states grew by two. Whilst it is by no means confirmed that India and Pakistan are full members of the regional security organization, their membership is all but assured as long as they are able to ratify the relevant documents through …

  As Theresa May takes over as U.K. prime minister, her first job is to steer the British economy past the shock of Brexit. But almost as important is the largest rewiring of British foreign policy since World War II — including its relationship with its closest ally and former colony. May becomes the 12th head of government since Winston …

  Mark Gilbert Have you heard? The platforms of London’s St. Pancras train station and the departure lounges of its airports are packed with anxious investment bankers, ordered by their employers to relocate following Brexit. Of course, that isn’t happening at all; the U.K. decision to leave the European Union hasn’t prompted an overnight exodus. But the banks that warned …

  James Gibney Donald Trump’s recent Trademaggedon speech has unleashed a lot of “elite” spluttering. He doesn’t understand economics! He gets his facts wrong! His remedies are wildly unrealistic and counterproductive! Which is all true. But just as important was one point where he got some of his facts right, because it highlights the difficulty of talking straight about trade …

  WASHINGTON Since its unfortunate “Brexit” vote to leave the European Union, Britain has experienced a tragi-comic round of backstabbing, foot-dragging and second-guessing. Europe, meanwhile has mostly behaved with admirable good sense. The Europeans seem to understand that the Brexit vote is a wake-up call about dissatisfaction with the EU that’s nearly as widespread on the continent as it is …

  With Brexit impact hanging over Europe, European finance ministers’ warnings over adverse economic impact on the EU, were also loaded with a political sarcasm that the UK, which voted to leave at its own choice, risks becoming a “Little Britain” in the referendum’s aftermath. This is a clear signal to Scotland and North Ireland to remain in the EU. …

  Mark Whitehouse U.S. job growth rebounded in June from a brief slump that had many concerned about the outlook for the economy. The crucial question now: How long can it go on? The employment report for June suggests that U.S. employers were doing well in the weeks before Britain’s vote to leave the European Union. The Labor Department’s establishment …

One of the U.S.’s biggest economic challenges is the slump in productivity. After climbing steadily for many decades, productivity has slowed dramatically since 2011: Productivity is the key to long-term prosperity. It represents a hard ceiling on the amount of valuable things that a society is able to produce. If productivity flatlines, it means that the pie isn’t growing, and …