Opinion

When President Barack Obama is trying to persuade Americans not to do something, he has a go-to line: “That’s not who we are.” Whether the issue involves discrimination, immigration, torture, criminal violence or health care, he invokes the nation’s very identity. And he likes to follow it by adding, “We are better than that.” In this way, throughout his political ...

  Cecilia Tortajada and Udisha Saklani On July 30 and 31, 2012, India witnessed its worst power failure in a decade. Eight states were in complete darkness as the northern grid collapsed. The second day, July 31, saw another acute power failure that affected more than 600 million people in 20 states across the country. Essential services were interrupted for ...

  WASHINGTON To gauge the opportunism and hypocrisy that define Donald Trump’s Republican Party, consider this: Imagine the scalding rhetoric that would have boiled from the likes of Newt Gingrich, that Metternich of many green rooms, if Hillary Clinton had offhandedly undermined the collective security architecture of U.S. foreign policy since NATO was created in 1949. Vladimir Putin’s regime is ...

The Turkey turmoil triggered by a botched coup is weighing heavy on the psyche of the investors. They are alarmed. Worse, the spreading post-putsch purge of dissent is adding to the concerns of the businesses and companies. They are quite lost as what to do next. The lira has plummeted, equities have been dumped, the tourism sector is in a ...

  Barry Ritholtz SPECIAL TO EMIRATES BUSINESS Amid all the hoopla and theater of the national political convention you might have missed a noteworthy report about the financial literacy of the average American adult. It’s worth taking a look during the weekend if you want a break from the presidential race, which seems like it begins again as soon as ...

On August 1-2, Singapore Prime Minister Lee Hsien Loong will visit the United States as the two countries commemorate the 50th anniversary of their diplomatic relations. Lee’s visit will feature a rare state dinner in his honour hosted by President Barack Obama, making him just the fifth Asian leader to have been granted such a privilege in the Obama White ...

  The weeks since the Brexit vote have made it clear that the European Union is not going to take this opportunity to redefine itself. Rather, it appears to be settling into a status quo in which minor EU rules are observed while the big ones are often fudged. Two cases illustrate the reality of what EU-watchers might call a ...

Sooraj Aurora The global sports sector is estimated to be worth between $480-620 billion. However, in India, sport is yet to be recognized as an economic sector, mainly due to the fact there has been little or no comprehensive study done on the industry’s size, potential, and on the available opportunities that are on offer. The sports industry sector may ...

  WASHINGTON Columnists get complaints. After my last column (which argued that maybe the economy is better than we say), I got one from Alice Lang of Spartanburg, South Carolina. She accused me (politely) of ignoring the long-term unemployed, of which she is one. After our conversation, I asked her to put her thoughts in an email. Here’s what she ...

  The Federal Reserve’s decision to keep interest rates untouched was born out of optimism and apprehension. In the end, the Federal Open Market Committee (FOMC) resorted to a studied restraint. And while doing so, they issued an upbeat statement about the improving economic conditions in the US, but didn’t rule out the possibility of hiking the rates should there ...