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Getting globalization right

  WASHINGTON Can we get globalization right? It has emerged as an all-purpose scapegoat for our economic woes — lost jobs, depressed wages, large trade deficits, greater income inequality, anxieties about the future. The reality is otherwise: Although globalization is genuine, it’s been distorted and its ills exaggerated. I have written about this before, but because the issue is so ...

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UAE’s economy behind consumers’ upbeat mood

  Stronger Consumer Confidence Index (CCI) in both Abu Dhabi and Dubai reflects the UAE economy is healthy and has weathered the storms of lower oil prices and the global economic slowdown. The General Index for Consumer Confidence in Abu Dhabi’s economic performance during Q1 of 2016 recorded about 115 points on average, which means consumers are positive about the ...

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China’s dubious land grab in the South China Sea

China’s claim of jurisdiction over pretty much the entire South China Sea boils down to this: Dudes, we’re back. That is, after a century of humiliation at the hands of foreign powers and 67 years of rebuilding since the Communists took power, the country is ready to reassert dominion over a body of water that has been in its sphere ...

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