Narayana Kocherlakota A wave of popular dissatisfaction, expressed in support for Donald Trump and Bernie Sanders, has shocked both of America’s leading political parties. The protest vote, however, shouldn’t come as a surprise: For many important demographic groups, the last two presidencies have been an economic disaster. Let’s start with white Americans. If you’re wondering why Trump’s anti-establishment rhetoric ...

  Paul Ferraro Water, we are repeatedly told, will be “next oil.” In the U.S., climate projections predict increasing drought frequency throughout most of the country. Around the world, political and even military conflicts due to water scarcity are multiplying. Water is a limited and essential resource, and we are becoming more sensitive to the need to use it wisely. ...

  Dubai / Emirates Business As many as 2,400 new hotel rooms will open in Abu Dhabi throughout 2016, according to a new report. The Abu Dhabi Hotel Market Summary report by JLL prepared ahead of The Hotel Show Dubai 2016 reveals that 200 rooms opened in Q2 2016 with the soft opening of the Four Seasons on Al Maryah ...