Opinion

  Ankara’s move to thaw tensions with both Tel Aviv and Moscow could counter the negative impact of terrorist attacks on Turkey’s tourism and economy, and end its current isolation. Tuesday’s attack on Ataturk airport in Istanbul came just as Turkey is rebuilding relations with Israel and Russia. Turkish Prime Minister Recep Tayyip Erdogan’s apology to Moscow prompted Russia’s President …

    Mina Pollmann SPECIAL TO EMIRATES BUSINESS On June 23, British voters signaled their interest in leaving the European Union. The Brexit vote sent the Japanese yen shooting up in value, as risk averse investors turned to this traditionally “safe” currency. Japanese Prime Minister Shinzo Abe held an emergency meeting on Monday with the Bank of Japan (BOJ) and …

    Overshadowed by the news of the British referendum on European Union (EU) membership held the same day, on June 23 Presidents Xi Jinping of China, Vladimir Putin of Russia, and Tsakhiagiin Elbegdorj of Mongolia signed a trilateral economic partnership agreement in Tashkent, Uzbekistan during the 11th meeting of the Shanghai Cooperation Organization (SCO). The agreement consists of 32 …

  “See that little stream? We could walk to it in two minutes. It took the British a month to walk to it — a whole empire walking very slowly, dying in front and pushing forward behind.” —F. Scott Fitzgerald, “Tender Is The Night” WASHINGTON The walk began at 7:30 a.m., July 1, 1916, when British infantry advanced towards German …

  Adam Minter A new list of the world’s 500 fastest supercomputers suggests that China might be speeding past the U.S. in the race for technological supremacy. China now holds the two top spots, and placed a total of 167 machines on the list. The U.S. had only 165 on the list, with its fastest placing a very distant third. …

  Grant Wyeth SPECIAL TO EMIRATES BUSINESS As it seems that Brexit was primarily driven by an anti-immigration sentiment, and the rise of Donald Trump in the United States is fueled by similar concerns, it could be reasonable to suspect that these countries’ southern cousin Australia may succumb to similar forces within its current election campaign. However, thankfully, this is …

  If you are reading this column, the world still exists. This should come as a relief to anyone who has been reading the commentary about the U.K.’s allegedly terrifying and catastrophic vote to leave the European Union. The vote could lead, some forecasters say, to a global recession (one that, knowing today’s press, will inevitably be called a “Brecession”). …

  Three Amigos summit that will bring three American leaders together — US President Barack Obama, Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau — in Ottawa, is set to avail a strategic pledge to have their countries produce 50% of their power by 2025 from hydropower, wind and solar and nuclear plants, carbon capture and storage, …

  Robert Farley SPECIAL TO EMIRATES BUSINESS Cold War politics made for strange bedfellows. Albania and the People’s Republic of China became fast friends, because of a shared aversion to the Soviet Union. The United States developed a cordial relationship with Romania, despite the brutality of the CeauÈ™escu government. Both China and the United States became far too defensive of …

It’s the summer of 2019, three years after British voters stunned the world by voting to leave the European Union. The U.K. has regained its economic and financial footing, as well as its national confidence. A smaller and more unified European Union now functions in a more coherent fashion. But the road has been bumpy and, as a result, the …