Recent Posts

GDP growth data shows how little things have changed

The second-quarter gross domestic product data released recently showed a robust 4.1 percent increase. It wasn’t “historic,” as President Donald Trump proclaimed, but it was undoubtedly solid. With midterm elections a little more than three months away, it is no surprise the release became fodder in our endless national political debate. Lots of misinformation and questionable claims were proffered. But ...

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Gauging the Fed’s reaction to Trump’s tweet

Judging from commentary in markets late last week, an additional factor now features in the calculus of some Fed watchers as they look forward to this week’s two-day Federal Open Market Committee meeting: how policy makers will respond to President Donald Trump’s tweets suggesting that the central bank refrain from raising interest rates and risk ”taking away our big competitive ...

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Dubai DED issues first licence in Chinese language

DUBAI / WAM The Department of Economic Development (DED) in Dubai has issued the first licence in Chinese and Arabic to one of the investors from the Republic of China. This is in line with the latest strategic partnerships betw-een the UAE and China to strengthen bilateral cooperation in economic, investment and trading sectors. The issuance of the Chinese licence ...

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