Opinion

  Sarah Lohschelder SPECIAL TO EMIRATES BUSINESS Recent events have brought focus to one of the less well-known island disputes in Asia. The Kremlin announced it will deploy military forces to the Kuril Islands, or as Japan calls the island chain, the Northern Territories. This announcement came only three weeks after a private meeting between Putin and Abe in Moscow …

  Satyajit Das Today’s traders and portfolio managers — self-described Masters of the Universe — have hardly covered themselves in glory recently. Their surprise and initial panic at the Brexit result doesn’t say much for the extraordinary foresight, skill at managing risk and large pay packages many of them claim. Truth is, whatever successes they’ve notched till now probably owed …

  Dursun Peksen SPECIAL TO EMIRATES BUSINESS The United States and other major actors have long opted for economic sanctions to destabilize North Korea’s authoritarian regime and end its nuclear program. Over the years sanctions have inflicted major economic damage and isolated North Korea from the global economy, but have failed to change the course of the Kim regime’s stability …

  Tomohiko Taniguchi SPECIAL TO EMIRATES BUSINESS Brexit was a bolt out of the blue, one with strategic, economic, and political implications not just for countries across the Atlantic, but also for ones in the Asia-Pacific, particularly Japan. On the strategic front, as Britain begins to determine how to move forward while exiting the European Union, if indeed it will, …

  Ibu Sanjeeb Garg SPECIAL TO EMIRATES BUSINESS The Indian government recently arrived at a decision to privatize 12 small oilfields in Assam. This, as part of the new policy that will privatize 67 small oil fields in India, has drawn understandably strong reactions from the vocal civil society of Assam. Assam has had a long checkered history with oil, …

  WASHINGTON In the global revulsion at the past week’s terror attacks in four Muslim countries, the United States and its allies have a new opportunity to build a unified command against the IS and other extremists. But as the US seeks to broaden this counterterrorism alliance, it should be careful about partnering with Russia — unless Moscow distances itself …

  US labour market’s rebound in June was a sigh of relief for the Federal Reserve, which is buoyed by the addition of 287, 000 jobs. The development is seen as a healthy sign of economic resilience. The job hike numbers also gave a boost to markets in the US and Europe, which have been battered down by worries that …

  Leonid Bershidsky The shooting of 12 police officers in Dallas on Thursday suggests spiraling violence: The cops were shot during a protest against the shooting of black men by police. A vicious circle of retribution would be something new for the U.S. where, unlike in other developed countries, killings by police far outnumber officer deaths in the line of …

  Later this year, a joint venture between Brunei and China in aquaculture will be added to the list of many projects being deliberated under the Brunei-Guanxi Economic Corridor (BGEC). The BGEC is a direct supply link established in 2014 aimed at boosting Brunei-China bilateral trade and investment. According to local media reports, the joint venture (JV) will be known …

  Michael H. Fuchs / Stefanie Merchant SPECIAL TO EMIRATES BUSINESS In June, British voters elected to leave the European Union—commonly referred to as “Brexit”—exiting the single market system that has unified European economies since 1992. The results have shocked the world, shaking the confidence of many who long heralded the European Union as the best example for the benefits …