Opinion

Vishal Arora SPECIAL TO EMIRATES BUSINESS U Htin Kyaw is the president of Myanmar’s first civilian government following 56 years of military junta rule, but all eyes remain on Nobel laureate Aung San Suu Kyi to lead the country. While she is likely to accept and play that role, as per the wishes of her people, the hope for a …

Seen from a distance, Peru is a Latin American dynamo. Its economy has been surging since the early 2000s and investment has been rebounding. Its universal health- care program has won accolades, and the number of those living in poverty fell 32 percent between 2001 and 2014. So why is the April 10 presidential election turning into such a fiasco? …

Pressure is growing on ASEAN to choose condemnation of China and both explicit and implicit support of the U.S. in the South China Sea. Proponents argue that this is a way to shift the tide and contain an expanding Chinese presence. And it has come at a time when ASEAN has demonstrated concern over the fast rising tensions in the …

At the beginning of the year, fears were widespread that recession was heading toward the U.S. — and, indeed, the rest of the world. Even the perennially- optimistic Wall Street Journal survey of economistsput the odds of recession in the coming 12 months at 21 percent, twice the level anticipated a year earlier and the highest reading since 2012. On …

Mervyn King’s new book on the financial crisis and its aftermath is not what you might have expected from the former head of the Bank of England — from an official, that is, who played a crucial role before, during and after the crash. “The End of Alchemy: Money, Banking, and the Future of the Global Economy” isn’t a memoir. …

Undoubtedly, the UAE healthcare sector has witnessed extraordinary growth and remarkable progress in the past few years. And the country is continuously expanding its national healthcare system to meet the ever growing need of the citizens and expatriate population. The healthcare sector market stands at AED 71.6 billion today. It is projected to grow at an average annual growth rate …

Narayana Kocherlakota The next U.S. president will have the opportunity to appoint (or re-appoint) someone to one of the most powerful positions in the world: the chair of the U.S. Federal Reserve. Yet voters still know far too little about how the leading presidential candidates would go about choosing. As far as I can tell, none of the websites of …

President Barack Obama and his allies are celebrating the Affordable Care Act, also known as Obamacare, on the sixth anniversary of its passage. They say it has provided insurance coverage to millions of Americans and come in below cost. They are right to claim that many Americans have benefited from the law. But the benefits are overstated, and the law’s …

Republican peculiarities in this political season are so numerous and lurid that insufficient attention is being paid to this: The probable Democratic nominee’s principal credential, her service as secretary of state, is undermined by a debacle of remarkable dishonesty. Hillary Clinton’s supposedly supreme presidential qualification is not her public prominence, which is derivative from her marriage, or her unremarkable tenure …

Southern Africa is reeling under an unprecedented dry spell. The region’s worst drought in over three decades has unleashed a severe hunger crisis. It is also taking a huge toll on economy. Ethiopia will miss the targeted economic growth due to the agriculture mayhem, caused by the El Nino weather phenomenon. Food imports are stuck in port logjams and the …