Recent Posts

Dubai shuts cafe, fines seven firms for violating Covid-19 guidelines

Dubai / WAM Dubai Economy shut down a café in Karama in co-operation with Dubai Municipality and Dubai Tourism after the outlet was found to have ignored physical distancing guidelines issued as a precautionary measure against Covid-19. The action came following response from the public to the call of Dubai Economy to report commercial establishments and outlets not adhering to ...

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Boycotting Venezuela’s election is a big mistake

Two decades after Bolivarian caudillo Hugo Chavez remade Venezuelan politics in his own autocratic image, the country’s opposition finds itself in a familiar place: splintered and at each other’s throats. National Assembly leader Juan Guaido, hailed by foes of the Chavista regime and more than 50 countries as Venezuela’s legitimate leader, has stumbled. His enviable 63% approval rating upon taking ...

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JC Penney’s shot at returning to retail

JC Penney Co has a fresh shot at returning itself to retailing relevance. The department store chain said it had reached an agreement to be rescued from bankruptcy by mall operators Simon Property Group and Brookfield Property Group in a deal valued at $1.75 billion. But is this the best outcome? There are upsides to sparing this mall stalwart from ...

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