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Banking poses a shrinking risk to taxpayers

There is some good news in bank land. The Federal Deposit Insurance Corp. just released its quarterly banking profile update (executive summary), and it is filled with signs of improvements in the state of the industry. Just some highlights: Net operating revenue is rising, as is loan growth and revenue. Quarterly net income was the highest since the financial crisis ...

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Trump’s immigration ideas are as bad as ever

  After more than a week of conflicting accounts of Donald Trump’s views on immigration, a period of confusion marked by words such as “softening,” Trump made his intentions clear last Wednesday. The line is as hard as ever, even if the policy is all over the place. In the afternoon, Trump had a strange, subdued meeting with Mexican President ...

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Bankruptcy law fresh lease of life for SMEs

  The Small and Medium Enterprises (SMEs) will benefit the most from the new bankruptcy law whose final draft was approved by the UAE cabinet on Sunday. It will help them ease their functioning while bolstering them to shore up investment. Earlier, the SMEs — as well as other companies and businesses — who failed to pay back their debts ...

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