Opinion

  WASHINGTON Brexit is winning — that is, Britain’s exit from the European Union. As the June 23 referendum approaches, public opinion has swung toward “Leave” the EU as opposed to “Remain” in the EU. This has fueled anxieties about the global economy and the fate of Europe. Brexit could compound economic pessimism, leading to a selloff in stock markets ...

  As the June 23 referendum vote approaches, the polls show the Leave campaign is edging the Remain camp amid international angst that UK’s exit from the EU would have a negative impact on the bloc and global economy as well. Polls ahead of the British vote saw stocks and the pound dropping after four polls put the Leave campaign ...

  Ramesh Ponnuru A lot of people who want tighter gun control blame the US Supreme Court for standing in their way. In 2008, a 5-4 majority read the Second Amendment to protect an individual’s right to own guns. That decision, writes Fareed Zakaria, “has made common-sense regulation of guns much harder” and contributed to America’s high gun-homicide rate. The ...

  Cal Wong SPECIAL TO EMIRATES BUSINESS Over the past two years, Chinese firms have been snapping up stakes in big name global sports teams including Inter Milan, Atletico de Madrid, The World Triathlon Corporation and its Ironman brand, Manchester City, and Yokohama Marinos, to name a few. But what is driving this rush in sports investments? The government is ...

  German Chancellor Angela Merkel’s recent and ninth visit to China to attend the annual government-to-government consultations might have been the most difficult one so far. This time Merkel arrived with a much longer list of pressing issues to discuss than before, including issues such as market economy status, overcapacity in steel exports, the South China Sea dispute, and the ...

  Noah Smith In the past year, a huge amount of money has been flowing out of China. In the past, when this happened, it was because the Chinese central bank was buying foreign assets. But this time the People’s Bank of China has been selling foreign assets — it’s China’s citizens and companies that are sending their money overseas. ...

  Markus Winter SPECIAL TO EMIRATES BUSINESS Kasumigaseki vs Nagatacho – Japan’s powerful bureaucracy versus its political center. For the past three years, Prime Minister Shinzo Abe has decidedly tilted the balance in the latter direction. After over half a century of almost unbroken LDP (Liberal Democratic Party) rule, the Democratic Party (DPJ) won a landslide victory in 2009 to ...

  WASHINGTON With Venezuela spinning into chaos and collapse, the Obama administration has pondered how to nudge the imploding nation toward political change — without making Uncle Sam a target. The administration appears to have found the right formula this week. Secretary of State John Kerry announced Tuesday at a meeting of the Organization of American States that the U.S. ...

An ambitious European Union (EU) plan to curb migration from countries ranging from Lebanon to Nigeria could reduce pressure in Europe but would not fully eradicate the problem as some partners would need more engagement to resolve the growing phenomenon. The European Commission (EC) proposed to deploy 8 billion euros ($9.1 billion) over the next five years to tackle flows ...

  Jonathan Bernstein Hillary Clinton delivered a substantive and somewhat bipartisan speech on Monday about the massacre in Orlando, Florida. She offered a number of specific-sounding prescriptions and recalled George W. Bush’s respect for the Muslim community. Donald Trump? He started by bragging about himself and hinting that Barack Obama might be part of a plot against the US. Then ...