Woe is Brazil. As the summer Olympics approach in August, Latin America’s largest country — with a population of 206 million and an economy that is 40 percent of the region’s total — is caught in a harsh slump and faces a political crisis that could result in its president being impeached. How did this happen? What does it mean? …

As time ticks for the UK’s June 23 referendum — to stay or exit the European Union — rival sides in Britain are making their strong cases, amid global concern over Brexit. While those campaigning to leave the EU say the country would be better off by focussing on new markets, those in favour of remaining in the bloc argue …

Catherine Putz SPECIAL TO EMIRATES BUSINESS The Asian Development Bank this week oversaw the signing of an investment agreement among the four partners in the much-discussed Turkmenistan-Afghanistan-India-Pakistan pipeline. The four agreed to invest an initial budget of more than $200 million. As has been frequently discussed in these pixels, the TAPI project is impressive in its ambitions and massive in …