Opinion

  The bookies and polls called it correctly. Londoners chose the son of Pakistani immigrants as their next mayor over the Eton-educated heir to a family fortune. Now it will be up to Mayor Sadiq Khan to fulfil his promise to address the greatest source of London’s growing inequality: the city’s housing crisis. London housing is both expensive and scarce. …

  Leonid Bershidsky It is now widely accepted that technological advances, especially ones that make machines more like humans — such as robotization or artificial intelligence — are putting people out of work and will only destroy more jobs in the future. The wealth will accrue to those who own the machines, not to what’s known as the middle class …

  Asit K. Biswas / Augustin Boey SPECIAL TO EMIRATES BUSINESS Corruption has probably existed since the dawn of human civilization. With a steadily increasing population, accelerating economic activities accelerating, and intensification of global inequalities, corruption has become increasingly commonplace and pervasive. Alan Greenspan, former Chairman of the Federal Reserve of the United States of America, has observed: “Corruption, embezzlement …

SARI RASH, Iraq This month marks the 100th anniversary of the Sykes-Picot Agreement that formed Iraq, Syria and the other fragile nations of the modern Middle East. The past few weeks have provided dramatic new evidence, if more were needed, that the old colonial framework created by Britain and France isn’t working. Iraq and Syria are coming apart: Iraq is …

The European Union’s deal with Turkey to control the streaming of refugees into Europe has become a bittersweet issue, as some EU member states see the pact as a blackmail from Ankara to meet its longstanding demands. Finally, the EU on Wednesday gave conditional backing to visa-free travel for Turks under a migrant deal. It also announced new asylum rules …

  Donald Trump’s big Tuesday night victory in Indiana wasn’t technically going to clinch the nomination for him. Even by winning most or all of the delegates at stake in the Hoosier State, he would need more to get to the 1,237 he had to hit to be nominated at the convention in Cleveland — about 40 percent in the …

Nationalism is irrational, bizarre and threatening. Unless it’s your own, in which case it’s natural and reasonable. That’s a lesson I’ve learned as a foreign correspondent and one that teaches a lot about the U.K.’s furious debate over whether to leave the European Union. With each passing week of the campaign, the evidence that voting to exit the EU would …

  It’s now safe to assume that all software-based businesses will be cloud-based eventually. That raises an important question: Do we know how the major players are doing in the cloud? The answer is, “not really,” and that’s an issue that investors should raise with tech leaders. Installing software, especially specialized business-oriented systems, on local computers is obsolete, as is …

  Thu Huong Le SPECIAL TO EMIRATES BUSINESS In Vietnam, a scandal surrounding the mass die-off of fish has created an explosive wave of debate and activism on social media, particularly Facebook. Responding to the social media outcry, many rallied in cities across Vietnam on Sunday, during a national four-day holiday. The rallies took place at an unprecedented scale, spanning …

  One Belt, One Road (OBOR) is China’s plan to expand its politic and economic influence via a network of economic integration initiatives with stops across three different continents. China has big plans to fund the initiative. The Chinese Development Bank (CDB), the lead financial body for OBOR, will invest $890 billion into over 900 projects. China has also announced …