There are sometimes good reasons to be worried about the U.S. national debt. The debt has to be serviced, and that requires collecting taxes, which distort the economy. If government debt gets so large that the only way to avoid a default is to hold down interest rates forever, those low rates can eventually have negative effects on the …

  BLOOMBERG A gauge of commodities headed for a five-month high, spurred by gains from metals to soy beans, and weighing on government bonds as the European Central Bank kept interest rates unchanged at its latest policy meeting. Steel reinforcement bars jumped to a 19-month high in Shanghai, buoyed by an improving Chinese property market. Brent crude held near $46 …

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.88% to close at 4718.79 points. Accordingly the Market Capitalization has gained AED 6.68 billion attaining AED 765.45 billion. A total of 0.95 Billion Shares were traded with a total value of AED 1.24 billion during the trading session of 21-04-2016 through 10671 transactions. The number of companies …