Opinion

  After attending the 2016 Nuclear Security Summit on April 1 in Washington D.C., South Korean President Park Geun-hye and Mexican President Enrique Peña Nieto headed down to Mexico City to hold their second bilateral summit, albeit the first one hosted by one of the two countries. Before that, Park and Peña Nieto had met at the sidelines of the …

  The U.S. has two big housing affordability problems. They’re related — and solving the first would go some way toward solving the second. But they’re not the same, and it’s important to understand that. The first problem is that some coastal metropolitan areas in the U.S. are generating lots of good jobs but aren’t building enough housing to keep …

This week, U.S. President Barack Obama will dive into a nest of vipers as venomous as anything Republicans can offer: Britain’s debate over whether to leave the European Union. As far as campaigners for “Brexit” are concerned, he is a most unwelcome guest. Yet Obama is right to speak up. The U.S. has an interest in Britain remaining in the …

  Repeated calls of International Monetary Fund (IMF) for all countries to support research and development (R&D) to promote innovation that could help avert slowing growth in the global economy, are essential and badly needed if the world wants to avoid the current economic downturn. While urging for structural reforms, Fund’s operational efforts should be geared towards countries’ shared priorities. …

  Catherine Putz SPECIAL TO EMIRATES BUSINESS The International Monetary Fund released its world economic outlook recently, and the news isn’t good for Central Asia. According to the IMF, recovery will be put off until at least 2017, for reasons frequent readers will find familiar: the Russian recession and low oil prices. “The economic outlook for the Commonwealth of Independent …

  The communique issued by the Group of 20 finance ministers and central bankers at the conclusion of talks in Washington this weekend had a somewhat unreal, and worryingly ironic, tone. Noting that global growth “remains modest and uneven,” the G-20 warned the large advanced economies against continuing their prolonged, excessive reliance on unconventional monetary policy to power growth. Yet …

  In June 2015, Shinzo Abe became the first Japanese prime minister to visit Ukraine since its independence in 1991. Many observers hoped his visit was a turning point lifting Ukraine-Japan relations to a higher level. Upon Japan’s invitation, the president of Ukraine, Petro Poroshenko, paid a reciprocal visit to Japan from April 5 to 7 this year. During his …

  China is determined to become the low-emissions electric-car capital of the world. Unfortunately, its car buyers aren’t cooperating. Cleaner Cars The Chinese government has been spending billions on research grants, steep subsidies and new infrastructure — such as charging stations — to encourage consumers to go electric. It hopes to boost the number of such vehicles on the road …

  Bob Gates has unusual standing in the debate about the Obama administration’s foreign policy: He was defense secretary both for a hawkish President George W. Bush and then a wary President Obama. He understood Bush’s desire to project power and Obama’s scepticism. Gates characteristically finds a middle ground in the argument that has been swirling since Jeffrey Goldberg’s Atlantic …

  Tech-savvy UAE is quickly adapting to smart solutions in all segments, thanks to the state policy announced to transform to the smart government, with the aim to expedite the knowledge and digital economy. Being instrumental in the knowledge-driven economy, the banking sector is speeding up its efforts to improve quality of service for customers. Hence by adapting to Business …