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The Fed’s mission is to escape Jupiter

Over the past couple decades, the Bank of Japan has tried time and again to get interest rates up from zero, only to discover that the zero bound has a peculiarly strong gravitational pull. Although I hope the new measures it announced this week will help, its past experience holds an important lesson for central banks everywhere. When interest rates ...

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OPEC must not rush into a quick-fix

  As the Organization of the Petroleum Exporting Countries (OPEC) braces to meet in Algiers on September 28, there are pressures from different corners on the group to take a decision on oil supply. However, the OPEC has to take a very cautious approach. Any hasty step or quick fix to limit the production to raise the crude price may ...

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Two parties aren’t enough for all American voters

Millions of Americans are going to vote for someone other than Donald Trump and Hillary Clinton in November. The Libertarian Gary Johnson and the Green Party candidate Jill Stein together command about 10 percent of the vote in recent polls. Yet their supporters, who feel alienated from the two-party system, probably don’t want their country to adopt a European-style multiparty ...

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3-D printers aren’t just for hobbyists in garages

  One of the big attractions of 3-D printing is that it’s so cheap and simple. Just come up with a design, and that nice little machine you bought for $499.99 at Staples will extrude it in layer after layer of warm plastic that hardens as it cools. And then you have…a plastic thing! If you want your thing made ...

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Don’t gamble with the city of London’s fortunes

  The post-Brexit battle for Europe’s capital markets business has already started, even before official exit negotiations have been triggered. Bloomberg News reported Thursday that London’s biggest investment banks seem resigned to losing the $570 billion market for clearing trades of euro-denominated derivatives. Some London-based banks want Theresa May’s government to strike an interim deal to protect financial services now. ...

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Trade exhibitions to step up temporary staffing

  Dubai / Emirates Business Trade exhibitions related to technology, real estate, education, healthcare and upcoming themeparks are all set to boost the temporary staff requirements as per Dulsco, a regional leader in human resources and waste management. UAE is one of the most sought after destination in the Middle East for the MICE sector (Meetings, Incentives, Conferences and Exhibitions). ...

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Expo Centre Sharjah to unveil MidEast Watch & Jewellery show

  Sharjah / Emirates Business Under the patronage of H.H. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, Expo Centre Sharjah hosts, with the support of the Sharjah Chamber of Commerce and Industry, the 41st edition of the MidEast Watch & Jewellery show from September 27 to October 1. Expo Centre Sharjah ...

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Where should organisations in UAE use DevOps?

  Gordon Haff Special to Emirates Business There lingers the misperception that DevOps is mostly for companies that sport ping-pong tables and have free sushi for lunch. Trendy Web giants out on the technology bleeding edge. Firms that manufacture construction equipment and have large swaths of legacy computer code? Not so much. It’s really not surprising that this misperception exists. ...

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OPEC deal elusive even as Saudi offers oil cuts to Iran

  Bloomberg OPEC members aren’t likely to reach a supply deal in Algiers next week, but an agreement to boost prices could be drawing closer after Saudi Arabia signaled for the first time in two years that it’s willing to cut production. Saudi Arabia and Iran, whose rivalry thwarted a deal with other major producers in April, didn’t reach agreement ...

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Biggest oil traders see another year of pain

  Bloomberg The largest oil traders are anticipating little relief to what has become the worst market slump in a generation. All but one of 15 senior oil traders and executives interviewed this week at the annual Asia-Pacific Petroleum Conference in Singapore expect crude to remain between $40 and $60 a barrel over the next 12 months. Brent crude has ...

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