One of the least discussed challenges of the incoming Trump administration may also be among the most economically consequential: what to do with Fannie Mae and Freddie Mac, the government-controlled entities that own or guarantee about half of all U.S. home mortgages. Trump’s pick for Treasury Secretary, Steven Mnuchin, has said he wants to put housing finance back into …

  Japanese Prime Minister Shinzo Abe visited Hawaii’s Pearl Harbor yesterday. It is the site of surprise attack by Japanese that pulled America into World War II. The attack had been prepared in secret by Japan for months. But it was over within two hours. At least 2,300 Americans died on December 7, 1941, when more than 300 Japanese fighter …

  Dubai / WAM Ahmed Mahboob Musabih, Director of Dubai Customs, has launched new expansions at passenger Operations Department at Dubai International Airport – Terminal 2. They included development of the CCTV room and the Baggage Handling System (BHS) room, plus revamping the staff lounge. The new development included enhancements to the CCTV room which helps Dubai Customs’ officers analyse luggage …