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How health care creates wage inequality

WASHINGTON You can add health care to the causes of growing wage inequality in America. There’s a largely unknown paradox at work. Companies that try to provide roughly equal health insurance plans for their workers — as many do — end up making wage and salary inequality worse. A new economic study shows how this perverse bargain works. It’s simple ...

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Brexit expediting Asian Century

  The Brexit that created a hullabaloo in Europe, could be seen a blessing in disguise for emerging economies in Asia, as it accelerates the arrival of an ‘Asian Century’, led by China and India. By 2050, Asia will account for over half the world’s GDP, almost double that of 2011, according to the Asian Development Bank, with three billion ...

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Russia and Japan can’t solve the Kuril Islands dispute

  Sarah Lohschelder SPECIAL TO EMIRATES BUSINESS Recent events have brought focus to one of the less well-known island disputes in Asia. The Kremlin announced it will deploy military forces to the Kuril Islands, or as Japan calls the island chain, the Northern Territories. This announcement came only three weeks after a private meeting between Putin and Abe in Moscow ...

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