Would you lend taxpayer money to Volkswagen AG, the disgraced automaker that’s worth 35 percent less than it was a year ago? How about providing financial succor to Telecom Italia, which both Moody’s Investors Service and S&P Global Ratings regard as a junk borrower unworthy of investment grade status? Those are just some of the unintended consequences of the …

  Valérie Niquet SPECIAL TO EMIRATES BUSINESS According to Chinese Admiral Sun Jianguo at the 2016 edition of the Shangri La Dialogue, “Asia Pacific civilization blends in harmony, mutual accommodation is vibrant.” In spite of these reassuring words, the martial tone of the speech, the pursuit of Chinese land reclamations in the South China Sea, and the preemptive rejection of …

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a congratulatory cable to Vladimir Putin, President of the Russian Federation, on the occasion of Russia Day. Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown …