Almost everyone agrees that America’s income tax is too complex. Considering this, you might expect that simplifying the income tax would be a slam dunk. Sure enough, the various presidential candidates have proposed sweeping overhauls. But any agreement is mostly rhetorical. The odds that the next president — whoever it be — will engineer genuine tax simplification are negligible. On …

  The International Monetary Fund (IMF) is at loggerheads with European creditors regarding plans over ability of Greece to repay debts. While European Union (EU) insists it has already charted out plan for debt relief, the IMF says these plans are not strong enough, and will not bail out Athens from its current economic difficulties. Under the EU programme, Greece …

  Catherine Putz SPECIAL TO EMIRATES BUSINESS Al-Qaeda is ostensibly the reason the United States got involved militarily in Afghanistan more than a decade ago. But as the war in Afghanistan progressed, al-Qaeda receded as a target and seemingly as an active player. When Osama bin Laden was killed in 2011 in neighboring Pakistan, the group seemed to be at …