Donald Trump’s damage to the Republican Party, although already extensive, has barely begun. Republican quislings will multiply, slinking into support of the most anti-conservative presidential aspirant in their party’s history. These collaborationists will render themselves ineligible to participate in the party’s reconstruction. Ted Cruz’s announcement of his preferred running mate has enhanced the nomination process by giving voters pertinent information. ...

  Brexit is no more a domestic issue as its impact spreads eastward, where bonds from Poland, Hungary and Romania, underperform most of their emerging peers. But the “leave” campaign maintains reports being made about potential negative economic impacts “are part of scaremongering”. Yet, many strategists have drawn pessimistic scenario towards eastern Europe as Britain’s departure threatens billions of euros ...

  Robert Farley SPECIAL TO EMIRATES BUSINESS Do states acquire weapons because of security needs or out of a desire for prestige? Analysts have asked this question about a wide range of weapons, including advanced fighter jets, nuclear submarines, aircraft carriers, battleships, and (perhaps most importantly) nuclear weapons. On the prestige side, nuclear weapons convey modernity, power, and a spot ...