Opinion

Global coop can combat cyber crime

  The internet has undoubtedly revolutionized the way we live and think. Most importantly, it has transformed the communication and information technologies, ease of doing business, education and advanced them to an unprecedented level of excellence and performance. Having said this, the very instrumental tool that has been the powerful driver of global economic growth is now being used by ...

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Foxconn: From worker suicides to plastic workers

  Sara Hsu SPECIAL TO EMIRATES BUSINESS Foxconn, the Taiwanese technology-assembly company infamous several years ago for its spate of worker suicides, has replaced more than half its Kunshan, China workforce with robots. While this reduces Foxconn’s labour costs and H-R headaches, it also pushes down employment for migrant workers, and does not bode well for ongoing changes in China’s ...

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Finding better ideas to rebuild the American economy

  The just-published book “Concrete Economics,” by University of California-Berkeley professors Brad DeLong and Stephen S. Cohen, needs an expanded sequel — 900 pages long, with charts, data, theory and an exhaustive list of historical case studies. That book would become the Bible of the New Industrialist movement that is just beginning to grope its way out of the ashes ...

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G7 falters on global growth test

  The Diplomat SPECIAL TO EMIRATES BUSINESS The Group of Seven’s (G7) failure to endorse coordinated action on global growth will do little to revive a faltering world economy. However, with progress on trade and tax the first such summit held in Asia for eight years may yet achieve more than the typical talkfest. On Friday, the G7 wrapped up ...

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China needs market reforms now

  As China’s “go global” policy picks up steam, foreign governments have become increasingly skeptical about the intentions of Chinese state owned enterprises (SOEs) and their effects on the host nation’s economy. From slapping anti-dumping duties and tariffs on main Chinese products, to strong-arming Beijing’s leadership to implement tougher regulatory standards, China’s “peaceful rise” is increasingly being challenged by the ...

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Kurdish factions should make common cause

WASHINGTON One cause for Syria’s torments is that regional powers have used proxy forces to advance their position in the “great game” of influence, without regard for the effects on the Syrian people. An example is the standoff between two Syrian Kurdish militia groups. One, known as the YPG, appears to be tacitly backed by an odd coalition that includes ...

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Putin’s Greece visit a clear message for EU

  Russian President Vladimir Putin’s visit to Athens appears economic at its face value, but it is also an attempt to demonstrate Moscow could move through its allies in Europe, notably Athens, to flout EU sanctions imposed by Brussels over Russia’s involvement in Ukraine. Putin is quite aware that Athens could play a role in restoring rapprochement with Brussels amid ...

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Trump can’t get past the door in Rust Belt homes

  Donald Trump has a personal problem with voters that transcends policy differences, partisan affiliations and political concerns: They don’t want him in their homes and aren’t eager to have their kids exposed to him. These are among the findings of an online poll of working-class voters in the Rust Belt. When asked which likely general election candidate would be ...

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Tibet and ‘One Belt, One Road’

It is no secret that Tibetan independence movements have long drawn the ire of Chinese authorities. Alongside heightened rhetoric in recent years over Tibetan unrest and the growing publicity of riots and self-immolations, China has sought to augment its capacity for crackdown in the restive province. The swiftness of Chinese response to previous swells of separatist sentiment is best illustrated ...

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The Duterte government’s inheritance from Aquino

  Ironic as it may seem considering his campaign platform, investors have welcomed the eight-point economic agenda of the incoming president of the Philippines, Rodrigo Duterte, in which he vowed to continue and maintain the current macroeconomic policies of the outgoing government. This is, by no means, a marked shift from his campaign promise, “Change is Coming,” under which he ...

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