Opinion

  Mark Whitehouse Greece and its creditors may have averted a crisis by agreeing on the release of another dose of bailout money, but the deal does little to address a deeper problem: Europeans still don’t want to put their money there. The flow of capital between the rest of the euro area and Greece offers a useful indicator of …

One of the major issues within New Zealand over the past few months has been the rapidly increasing cost of housing, particularly in the country’s largest city and commercial hub, Auckland. High prices combined with moderate incomes have pushed the city into becoming one of the most expensive places in the world to buy a house. The press have been …

  Whether through signals from the Group of Seven meeting this week or in the outcome of the latest round of European negotiations on Greece, officials of advanced countries increasingly are acknowledging that the problems facing their economies require a new response to take over from the overlong use of narrow short-term tools. This recognition has been too long in …

In formally lifting Washington’s embargo on the sale of weapons to Vietnam, U.S. President Barack Obama has affirmed that this action should not be seen as being aimed at any other state. Yet the subtext of Obama’s visit is clear: it is an implicit signaling of U.S. willingness to form a regional balance of power against the People’s Republic of …

INCIRLIK AIR BASE, Turkey Here’s a positive move by Turkey, a country that often seems to be heading in the wrong direction: Despite Ankara’s severe misgivings, it is allowing the US military to fly daily bombing missions from here against the IS — in support of a Syrian Kurdish militia called the YPG that Turkey regards as a terrorist threat. …

  The internet has undoubtedly revolutionized the way we live and think. Most importantly, it has transformed the communication and information technologies, ease of doing business, education and advanced them to an unprecedented level of excellence and performance. Having said this, the very instrumental tool that has been the powerful driver of global economic growth is now being used by …

  Sara Hsu SPECIAL TO EMIRATES BUSINESS Foxconn, the Taiwanese technology-assembly company infamous several years ago for its spate of worker suicides, has replaced more than half its Kunshan, China workforce with robots. While this reduces Foxconn’s labour costs and H-R headaches, it also pushes down employment for migrant workers, and does not bode well for ongoing changes in China’s …

  The just-published book “Concrete Economics,” by University of California-Berkeley professors Brad DeLong and Stephen S. Cohen, needs an expanded sequel — 900 pages long, with charts, data, theory and an exhaustive list of historical case studies. That book would become the Bible of the New Industrialist movement that is just beginning to grope its way out of the ashes …

  The Diplomat SPECIAL TO EMIRATES BUSINESS The Group of Seven’s (G7) failure to endorse coordinated action on global growth will do little to revive a faltering world economy. However, with progress on trade and tax the first such summit held in Asia for eight years may yet achieve more than the typical talkfest. On Friday, the G7 wrapped up …

  As China’s “go global” policy picks up steam, foreign governments have become increasingly skeptical about the intentions of Chinese state owned enterprises (SOEs) and their effects on the host nation’s economy. From slapping anti-dumping duties and tariffs on main Chinese products, to strong-arming Beijing’s leadership to implement tougher regulatory standards, China’s “peaceful rise” is increasingly being challenged by the …