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Joe Biden’s trickle-up economics may fail

President Joe Biden’s recently unveiled budget marks a new era in US economic policy making. Decades of trickle-down tax cuts are out the window; Biden is betting that trickle-up economics will deliver the kind of sustained and equitable growth we all want. But that’s a dangerously short-sighted strategy that in the long term will create far more stagnation than a ...

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Abu Dhabi unveils region’s largest coral reef rehabilitation project

ABU DHABI / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, and Chairman of the Board of Directors of the Environment Agency – Abu Dhabi (EAD), launched the largest coral reef rehabilitation project in the region, including more than one million colonies of coral reef through a replanting programme, with the aim of increasing ...

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Abu Dhabi to invest AED22b in culture, creative industries

ABU DHABI / WAM Abu Dhabi is accelerating the growth of the Culture and Creative Industries (CCI) through an AED30+ billion investment strategy that sees the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) cements its leadership position as the custodian of all the multidisciplinary sectors within the CCI. The culture and creative industries are key drivers ...

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