With the U.K. set to vote on European Union membership in less than a month, economists, politicians and pundits are endlessly debating how an EU exit would affect the country’s economy. However, for many families, the types of figures being thrown about — which can run to the billions of pounds — may seem abstract and remote from their ...
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Why US leadership on climate change still matters
Anthony Kleven SPECIAL TO EMIRATES BUSINESS As the United States hosted the 7th Clean Energy Ministerial in San Francisco on June 1-2, the Obama administration sought to demonstrate global leadership on green energy and climate change. Those efforts, however, are being undercut by GOP presidential nominee Donald Trump and Republicans in Congress. Just a few days before the meetings ...
Read More »The specter hanging over Clinton — a recession
WASHINGTON Suppose you are advising Hillary Clinton, now the presumptive Democratic nominee for president. What worries you? Well, probably the stubbornness of Bernie Sanders, who won’t admit he’s lost. And, of course, the unpredictability of Donald Trump, whose outlandish pronouncements defy conventional political wisdom. But what really ought to frighten you is the government’s latest employment report. It raises ...
Read More »EU referendum decisive for UK
As the push for Brexit gains momentum, the debate zeroes in on immigration and economy amid a tight race. Both the ‘Remain’ and ‘Leave’ camps have been criticised for misrepresenting facts in a campaign that has split the ruling Conservative Party and the people of UK. Ahead of the June 23 vote, an average of the last six domestic ...
Read More »The tragic tale of Thailand’s Tiger Temple
Luke Hunt SPECIAL TO EMIRATES BUSINESS The use of religion to provide a prescription for social ills is not uncommon; it’s a practice that dates back to the ancient Greeks. But too often advocates of a better life from beyond the grave have been caught lying, thus abusing the public’s trust and their privileges. In Thailand, the Buddhist clergy ...
Read More »Australia, Russia, and a rules-based order in Asia
This year’s Shangri-La Dialogue clearly showed that Asia has not become safer over the last year and is unlikely to become any safer in the near future. Quite the contrary, the security threats at hand may well extend far into the next decades, making the Asian Century not one of economic dynamism, but of political squabbles. Just this week, ...
Read More »European Union’s big post-Britain opportunity
An overwhelming majority of respondents in a recent Pew Research poll, 70 percent, believe that Britain leaving the EU would be bad for Europe. It’s not that hard, however, to make the opposite case — that Brexit would open up opportunities that would drive the bloc’s popularity back up in the remaining member states. Will Britain Leave the EU? ...
Read More »Robots look like China’s latest investment bubble
Adam Minter The story first turned up in mid-May: Foxconn, Apple’s favorite manufacturer, was replacing 60,000 of its workers with robots. Everyone from the BBC to Apple fan sites soon reported the ground-shifting news. There was just one problem: It was mostly false. Last weekend, a Foxconn spokesperson told Chinese media that the company hadn’t laid off anyone, much ...
Read More »As South China Sea verdict nears, Washington must stand with Manila
J. Randy Forbes SPECIAL TO EMIRATES BUSINESS With tensions rising in the South China Sea, the United States’ alliance with the Philippines may be approaching one of its most important moments in its 65-year history. Over the past few years, the world has watched as China has steadily worked to achieve de facto control of the islands and waters ...
Read More »The Omani back channel to Iran
WASHINGTON One of the mysteries of Campaign 2016 is why the Iran nuclear deal has vanished as an issue. But a new book reveals some startling details about how the diplomacy with Tehran began in secret, long before reformers took power there, and the crucial role played by presumptive Democratic presidential nominee Hillary Clinton. The diplomatic narrative is laid out ...
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