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UAE among top 5 most connected countries globally

DUBAI / WAM The UAE has emerged as one of the top five most globally connected countries in the world according to the DHL Global Connectedness Index 2020 released on Wednesday. Now in its seventh edition, the report compiled in collaboration with DHL and the NYU Stern School of Business provides a comprehensive assessment of globalisation during the Covid-19 pandemic. ...

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Joe Biden vowed to restore standards. It won’t be easy

Of all the nominees President-elect Joe Biden has so far put forward, Neera Tanden is the one most likely to lose a confirmation battle. She has harshly attacked some Republican senators whose votes she may now need to become the head of the Office of Management and Budget. After the Senate voted to put Brett Kavanaugh on the Supreme Court, ...

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Jobs data was ‘perfect miss’ for Fed

“Perfect miss.” That was the first reaction to the November jobs report I saw on Twitter. And it turned out to be exactly right in the eyes of the $20.4 trillion US Treasury market. The benchmark 10-year yield extended its climb, increasing 6 basis points on the session to 0.97%, breaking through to its highest level since March. Certainly, the ...

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