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Free zones can enhance strength of SMEs

  An allocation of AED5 billion in contracts to small and medium enterprises (SMEs) announced by Dubai Expo 2020 manifests the importance that the UAE gives to the sector. The recent federal bankruptcy law is also aimed at boosting investment by SMEs to vitalize the country’s business landscape. Today, the segment is contributing 60% to the GDP of the UAE ...

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What Clinton could learn from Boris Yeltsin

  The failure of Hillary Clinton’s campaign to disclose that she has come down with pneumonia amplifies the parallels between this U.S. presidential election campaign and the 1996 contest that opposed the first Russian president, Boris Yeltsin, and the Communist leader Gennady Zyuganov. The two presidential races are similar in their negative framing. In Russia 20 years ago and in ...

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Bond markets hit a new ‘Ukrainian Chicken Moment’

  Two European companies — French drugmaker Sanofi and German household products maker Henkel — last week became the first firms to persuade investors to pay them to borrow euros. By selling bonds yielding minus 0.05 of a percentage point, they may well have signaled the bond market’s peak, delivering this decade’s equivalent of the “Ukrainian Chicken Farm Moment.” That ...

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