Opinion

  Justin Fox Six states lost jobs during the 12 months ended in March. It’s a familiar bunch — Alaska, Louisiana, North Dakota, Oklahoma, West Virginia, Wyoming — all hammered by either coal’s decline or the collapse in U.S. oil drilling that has followed the collapse of global oil prices. (That price plunge was of course brought on in part …

  The Republican nomination race has three more stages to go, and each of the three candidates left in it is concentrating on a different one. First, the candidates have to win votes in the remaining contests to maximize the number of delegates bound to them on the first ballot. Second, they have to prevail in selecting delegates: making sure …

  Now that Secretary of State John Kerry has become the highest-ranking American official to visit Hiroshima, the door has been opened for U.S. President Barack Obama to make a far more momentous decision to visit the site of the American atomic bombing during his visit to Japan next month. The president came close to such a visit in his …

The new Ukrainian cabinet, confirmed by the parliament on Thursday, is more interesting for the people it doesn’t include than for those it does. Ukraine’s experiment with bringing foreign reformers and private sector professionals into the government is now officially over, and it has failed. President Petro Poroshenko tapped his long-time protege and ally, former parliament speaker Volodymyr Hroisman to …

Almost everyone agrees that America’s income tax is too complex. Considering this, you might expect that simplifying the income tax would be a slam dunk. Sure enough, the various presidential candidates have proposed sweeping overhauls. But any agreement is mostly rhetorical. The odds that the next president — whoever it be — will engineer genuine tax simplification are negligible. On …

  The International Monetary Fund (IMF) is at loggerheads with European creditors regarding plans over ability of Greece to repay debts. While European Union (EU) insists it has already charted out plan for debt relief, the IMF says these plans are not strong enough, and will not bail out Athens from its current economic difficulties. Under the EU programme, Greece …

  Catherine Putz SPECIAL TO EMIRATES BUSINESS Al-Qaeda is ostensibly the reason the United States got involved militarily in Afghanistan more than a decade ago. But as the war in Afghanistan progressed, al-Qaeda receded as a target and seemingly as an active player. When Osama bin Laden was killed in 2011 in neighboring Pakistan, the group seemed to be at …

  Australian Prime Minister Malcolm Turnbull was in China Thursday and Friday for a fly-by visit that lasted just over 36 hours. Nonetheless, it was an important trip – as Turnbull’s first visit to China since assuming office last fall, it was important to set the tone for the Australia-China relationship under his administration. And that tone was relentlessly upbeat, …

Matthew Sedacca SPECIAL TO EMIRATES BUSINESS Lowering his voice nervously, Yang Kechao confessed that over half of his workers at Huaxinyuan Steel Company are on vacation. The employees did not leave the factory owner with stations half-filled to go bask in the warm weather of Hejin, Shanxi, a North China province where the plant is based. Nor did they head …

  Laos is a country that is usually described in accordance with one of two narratives. The first portrays a Buddhist Shangri-La — the ‘real,’ ‘hidden,’ and ‘untouched’ Indochina dreamed of in Western backpacker fantasies — while the second depicts a highly impoverished country in desperate need of foreign aid and technical assistance. Both depictions have some merit. Laos is …