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DIFC Courts launches new Arbitration Working Group

DUBAI / WAM The Dubai International Financial Centre (DIFC) Courts has launched a new Arbitration Working Group, the first court in the region to introduce such an initiative. The panel of experts will be tasked with reinforcing and sharing developments and best-practices, encompassing an advisory team of arbitration professionals, bodies, centres, educational institutions, and industry-related organisations. Since its inception, the ...

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Biden can break impasse on coronavirus relief plan

Despite intermittent negotiations for three months, Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi have made remarkably little progress on a coronavirus relief plan that both Republicans and Democrats can accept. Wall Street is beginning to lose hope, and Main Street will soon run out of financial support. It’s time to call in Joe Biden. “I am the Democratic ...

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Time to get Japan out of ‘straitjacket’

The world’s one-time economic rebel now looks staid. Japan was the first mover in some of the most radical steps in monetary policy, so it’s troubling that officials have done far less than their peers since the pandemic tore through global growth. Time for Bank of Japan (BOJ) officials to forge the Next Big Thing. The third-largest economy on the ...

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