Brexit is no more a domestic issue as its impact spreads eastward, where bonds from Poland, Hungary and Romania, underperform most of their emerging peers. But the “leave” campaign maintains reports being made about potential negative economic impacts “are part of scaremongering”. Yet, many strategists have drawn pessimistic scenario towards eastern Europe as Britain’s departure threatens billions of euros ...

  Robert Farley SPECIAL TO EMIRATES BUSINESS Do states acquire weapons because of security needs or out of a desire for prestige? Analysts have asked this question about a wide range of weapons, including advanced fighter jets, nuclear submarines, aircraft carriers, battleships, and (perhaps most importantly) nuclear weapons. On the prestige side, nuclear weapons convey modernity, power, and a spot ...

  The Asia-Pacific region’s successful achievement of the 2030 Agenda for Sustainable Development needs to be driven by broad-based productivity gains and rebalancing of economies towards domestic and regional demand. This is the main message of the Economic and Social Survey of Asia and the Pacific 2016, published last week by the Economic and Social Commission for Asia and the ...