Opinion

  Triumphant Turkish President Recep Tayyip Erdogan seems to consolidate his full authority to weed out those behind the botched coup in Turkey. To accomplish the job, the authorities imposed a three-month state emergency to protect the democracy amid concerns from western allies who call for fair trials. Taking into account these concerns, the authorities were quick to assure them ...

  Franz-Stefan Gady SPECIAL TO EMIRATES BUSINESS Indian defense firms could benefit from a recent $38.8 billion Australian-French submarine deal by becoming subcontractors for Australia’s so-called SEA 1000 Future Submarine Program, an Australian official told The Economic Times on July 20. “India and Australia as decided during PM Narendra Modi’s visit to Australia in 2014 have ventured into the areas ...

  Aurelia George Mulgan SPECIAL TO EMIRATES BUSINESS There are both modern and historical parallels to be drawn in the wake of China’s strident rejection of the Hague Tribunal’s ruling on its territorial claims in the South China Sea. In its relentless strategy of using power to expand China’s territory in the South China Sea, the Xi administration has been ...

  As the U.K.’s new prime minister, Theresa May, met with Chancellor Angela Merkel of Germany on Wednesday to open informal Brexit talks that European Union leaders insisted would not take place, the key question concerns the strength of the negotiating positions. Both May and Merkel are no-nonsense leaders, and their interaction won’t be driven by emotion: It’ll be about ...

The U.K. decision to quit the European Union appears to be slowing the global recovery. But the government’s policy response put the domestic economy on a stronger footing than before, limiting Brexit’s negative impact on the rest of the world. Britain, previously Europe’s poster child for austerity, has an opportunity to augment the Bank of England’s monetary-policy efforts with some ...

  “Black money” — the colloquial name for a vast network of off-the-book cash transactions and unbanked savings — is one of India’s biggest scourges. Amounting to as much as $460 billion a year, bigger than the GDP of Argentina, all that money lies beyond the reach of the tax authorities, creditors and anti-corruption investigators. Efforts to bring it into ...

  WASHINGTON Political conventions are echo chambers designed to generate feelings of invincibility, sending forth the party faithful with a spring in their steps and hope in their hearts. Who would want to be a wet blanket at such moveable feasts? Steve Munisteri would. Although he calls himself “the eternal optimist,” he respects reality, which nowadays is not conducive to ...

  British Prime Minister Theresa May’s visit to Berlin would largely focus on establishing working relationship with strong woman of Europe, German Chancellor Angel Merkel. This would be necessary when May triggers the Article 50 to kickstart the UK’s exit process from the European Union (EU). Ahead of her meeting with Merkel, she already took the first step towards Brexit ...

  Megan McArdle At first after the convention broke for the night on Monday, everyone on the cable news networks agreed that Melania Trump’s speech was good. An hour later everyone was talking about how much her apparent plagiarism from Michelle Obama’s 2008 speech would hurt the Trump campaign. This morning Trump supporters are offering the only defense they can: ...

  Tajikistan appears to be inching toward joining the Eurasian Economic Union. With Dushanbe long suggested to be considering membership, this news ought to be taken with a grain of salt. According to Asia-Plus, the head of the Customs Service, Abdufattoh Ghoib (who had previously headed the anti-corruption service before President Emomali Ramon’s son took it over), told reporters on ...