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Markets were rational, but UK voters weren’t

  It was 22 years ago this month when the U.S. was preparing for combat. North Korea’s expanding nuclear weapons program prompted President Bill Clinton to order reinforcements. The administration was lining up votes in the U.N. Security Council to impose economic penalties on the Pyongyang government, which repeatedly denounced sanctions as a “declaration of war.” Any investors could see ...

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Cambodia rejects Europe’s human rights criticisms

  Mong Palatino SPECIAL TO EMIRATES BUSINESS On June 9, the European Parliament passed a resolution expressing “deep concerns about the worsening climate for opposition politicians and human rights activists in Cambodia.” Meanwhile, 41 international NGOs signed a letter urging the Cambodian government to stop the harassment of groups working for people’s rights. Cambodian authorities were quick to dismiss these ...

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Did China just kill cross-strait relations?

  Shannon Tiezzi SPECIAL TO EMIRATES BUSINESS Well before Taiwan held its elections on January 20, Beijing made it clear that the “1992 consensus” was its bottom line for cross-strait relations. During an historic meeting with then-President Ma Ying-jeou of Taiwan, Chinese President Xi Jinping stressed that “as long as the 1992 Consensus and its core values are acknowledged, we ...

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