WASHINGTON Imagine a young Margaret Thatcher, a politician who deeply mistrusts the political establishment and identifies on a gut level with the frustrations of the middle class. That’s shorthand for what Britain will need as it picks up the pieces after Thursday’s “Brexit†referendum. Friends of Britain (and Europe, too) need to stop pretending that support for withdrawal from …
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All eyes are on razor-tight UK race
Politicians in the UK made their final pitch for votes on the last day of campaigning before the EU referendum that will shape the future course of Europe. In both ways, the results will be followed by marathon talks on disengagement with the UK in case of Brexit or to implement concessions made by Brussels to keep London in …
Read More »Clinton’s shameful demagogy on Senate gun bills
“Enough,†says Hillary Clinton. After the Senate defeated several gun-control proposals, she tweeted that word along with the names of the victims of the Orlando massacre. Political activists use tragedy and loss all the time to draw attention to good causes, or causes they think are good. There’s nothing wrong with that. What makes Clinton’s invocation of these names grotesque …
Read More »India, Thailand boost ties with Prayut’s visit
Aditya Sharma SPECIAL TO EMIRATES BUSINESS For the first time after a military coup deposed the civilian government of Yingluck Shinawatra, Thailand’s new head of state and military ruler Prayut Chan-o-cha visited India last Thursday. New Delhi has been looking forward to the Thai delegation, which will further boost ties with the Southeast Asian nation. According to local media …
Read More »Trumponomics is scarier when you actually study it
Hillary Clinton is trying to scare the heck out of voters who think Donald Trump’s business record qualifies him to be president. He has no real economic strategy beyond over-the-top promises, she said on Tuesday, and the few ideas he offers would cause millions of Americans to lose their jobs. “Just like he shouldn’t have his finger on the …
Read More »A change of address for Mongolia
Peter Bittner SPECIAL TO EMIRATES BUSINESS The Mongol Post, the newly-privatized national Mongolian mail carrier, plans to adopt a new and wildly innovative address system this summer in partnership with what3words, a U.K.-based tech company. Each address will be denoted by a three-word phrase representing a specific 9-square-meter GPS coordinate. Effective on August 1, the Mongol Post’s new nomenclature …
Read More »VW is in too much of a hurry to move on
Leonid Bershidsky Volkswagen made every effort to leave its diesel emissions scandal behind this week. It planned to announce a $10 billion deal with U.S. car owners and a fix for their cars, hold a general shareholders’ meeting on Wednesday and settle down to implement its new strategy, announced on June 16. VW’s management and top shareholders haven’t, however, …
Read More »Brazil’s Supreme Court fights rot at the top
Here’s something you probably already know about Latin America: In a region ravaged by graft and political payola, regard for elected authorities is dragging bottom. Serial corruption scandals are one of the main reasons why dissatisfaction with democracy is higher in this region than in any other. Here’s something you may not know: The long-flawed justice system is on …
Read More »Solar Impulse set to propel clean technology
History of aviation is being rewritten in our lifetime, as the Solar Impulse 2 project is getting closer to completing a world tour in an ultralight one-man aircraft intended to demonstrate how best technology may provide solutions to combat global warming and advance aviation industry. The sun-powered Solar Impulse 2 set off from New York’s JFK airport early Monday, embarking …
Read More »With climate change, doing the math matters
Mark Buchanan sometimes say that there’s no need to rush in addressing climate change — that our constantly increasing wealth will eventually make the problem relatively inexpensive to solve. Thanks to some careful mathematical research, that argument is looking increasingly wrong. Placing a value on something that may happen 50 or 100 years from now isn’t easy. Economists typically …
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