Recent Posts

Curbing our enthusiasm over rising US home prices

  Justin Fox Home prices in US went up in March. That was the news last Tuesday from S&P/Case-Shiller; all indications are that April was an up month too, and that this summer’s “selling season” will see continued price increases. Bit by bit, prices are regaining the ground lost during the long collapse from 2006 through early 2012. In some ...

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US hits right note at Shangri-La with principled security network

  Speaking on Saturday at this year’s Shangri-La Dialogue – Asia’s premier defense summit – U.S. Defense Secretary Ash Carter delivered an important address outlining what he called the “principled security network” – a growing set of bilateral, trilateral and multilateral mechanisms in the region focused on preserving key values and promoting greater burden-sharing among all nations. Little of what ...

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UAE non-oil growth surges to eight-month high in May

  Dubai / Emirates Business The upturn in the UAE’s non-oil private sector regained some momentum midway through the second quarter, thanks mainly to a sharp expansion of output. Activity increased at the fastest pace in eight months during May, helped by a pick-up in new business growth. However, data pointed to areas of underlying fragility, as both employment and ...

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