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Misguided war on corporate profits

Bernie Sanders relishes the disdain of America’s business elite, proudly displaying on his campaign website his anti-endorsements from corporate titans and their apologists. It’s theme he has championed his entire career — and it appears to be gaining purchase on both sides of the aisle. Fox News host Tucker Carlson calls corporate America the biggest threat to liberty in America. ...

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Negative interest rates threaten financial system

Former Federal Reserve Chairman Alan Greenspan recently said he wouldn’t be surprised if yields on US bonds turned negative and if they do, it wouldn’t be “that big a of a deal.” That seems to be a sentiment widely held in central banking circles these days, but it’s wrong. Negative interest rates represent a threat to the financial system. To ...

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Gross UAE banking assets reach $780 billion in 2018

ABU DHABI / WAM UAE Banks Federation (UBF), officially released its annual report for the year 2018, shedding light on the significant progress and achievements of UBF and UAE banking sector, as well as major developments and trends in local and regional economies. The report highlights an increased number of UBF activities, achievements, and outcomes, and that the UAE banking ...

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