Opinion

CETA can be saved through mutual trust

  The EU-Canada Comprehensive Economic and Trade Agreement (CETA) took seven years of negotiations. But the proposed deal is on the verge of collapse in its final lap. As the Belgian region of Wallonia has refused to give it a go-ahead, the European Union (EU) leaders remain on tenterhooks. Canada’s patience is also running thin. On Friday, an emotionally-charged Canadian ...

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The liberal competition for the soul of economics

  In 2015, Forbes writer Adam Ozimek suggested that a “new liberal consensus” is forming in the economic-policy world. The data back him up. Many economics professors now tend to favor government intervention in the economy more than the general public. And the profession’s biggest public stars, from Paul Krugman to Thomas Piketty to Joseph Stiglitz, are now more likely to ...

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Asia is vulnerable to global uncertainty

  It is not easy to keep an orderly house in an unsettled neighborhood. That’s the major hurdle facing Asian economies as the advanced world deals with unusual economic, financial, institutional and political fluidity. Judging from China’s gross domestic product data released this week, Asia is in a relatively favorable position to navigate the challenges. But the battle is far ...

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The only thing on autopilot at Tesla is hype

  Just over a year ago, Tesla sent out a software update to its cars that made its “Autopilot” features available to customers, in what the company called a “public beta test.” In the intervening 12 months, at least one customer died while the Tesla was in autopilot mode. Cars have crashed, regulators have cracked down, and the headlines proclaiming ...

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As US Election Day approaches, the world holds its breath

  Making predictions three weeks before the U.S. election is risky, but the likeliest bet right now is that the center will hold in American politics and Hillary Clinton will be elected president. That’s important for lots of reasons, the biggest of which is that it could begin to stabilize a very unsettled world. Nate Silver, a leading polling guru, ...

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Climate change means moving, not ‘retreat’

  Thanks to the vagaries of geography and currents, sea levels in the northeastern U.S. are rising faster than almost anywhere in the world. By 2040, the federal government expects the ocean to rise at least one foot along the coast of New Jersey, putting almost 9,000 homes permanently underwater and exposing many more to ever-worsening storms and flooding. Hurricanes ...

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It’s a shame Clinton wasn’t tested in debate

  What a misfortune it is that Hillary Clinton was able to coast through three presidential debates without being pressed significantly on any of her weaknesses. At this point, I’m out of ways to express outrage at Donald Trump, who almost certainly will not become president. But let’s get this next part out of the way, at least, in reaction ...

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Empower women to spur economic growth

  Women are the drivers of the nation’s economy, pointed out HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, the Ruler of Sharjah, at the inauguration of the ‘Investing in the Future’ (IFFMENA) conference on Wednesday. Women’s participation in economic activities is crucial as it ensures that they play a huge role in the decision-making process and implement policies effectively. ...

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Samsung’s bigger problem? Its phones can’t be fixed

  This week, Samsung representatives are standing by at some of the world’s busiest airports, ready to exchange Galaxy Note 7 phones for something new and less combustible. After dozens of fires, two recalls and the complete cancellation of the product, the U.S. government on Saturday warned that anyone knowingly bringing a Galaxy Note 7 and its potentially explosive battery ...

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Why pioneering Nokia couldn’t beat the IPhone

  In autumn 2007, Jorma Ollila, who had stepped down the year before as Nokia’s chief executive officer but was still the chairman, polled 12 top company executives on whether they thought Apple’s new iPhone posed a big threat. Two said no, Ollila recalls in “Against All Odds,” a surprisingly engrossing memoir first published in Finland in 2013 but just ...

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