One of the few bright spots for international investors following the U.K.’s June vote to quit the European Union was the swift establishment of political stability. David Cameron’s decision to fall on his sword threatened a divisive battle for control of the ruling Conservative government; instead, Theresa May emerged unchallenged and triumphant as her rivals dropped away. That stability, …

  The latest U.S. easing of regulations on commerce with Cuba is good news, not least for fans of rum and cigars. But it’s also a sign that President Barack Obama’s drive to normalize relations is approaching the limits of his authority. With this new initiative, Obama has done about as much as he can to lighten the burden of …

  Under a pledge made in 2009 in Copenhagen, the rich countries are supposed to give $100-billion annually to poor nations from 2020. This money is to be used in climate change mitigation. The 38 developed countries — who had signed the vow back then — on Tuesday said that they were “confident” of meeting the target. There was initial …

  In a democracy, the “people” are the supreme arbiters, and their wisdom speaks through the electoral process. Such is the assumption on which the modern world has been built since God and monarchs began to fade from the scene. Lately, however, the wisdom of the people has felt a bit off-key. In one country after another, from the Philippines …

  Of an estimated 2.6 billion mobile-phone owners in low- and middle-income countries last year, 1.4 billion were men and 1.2 were women, according to a study conducted for the mobile industry trade group GSMA. Most of that mobile-phone gender gap was concentrated in just one country, India, where 114 million fewer women than men had phones. This leads to …

  In the 1930s, when U.S. started to build public housing, it was focused in the inner cities, because that’s where lots of poor people lived and worked. In recent decades, public housing is more about giving poor people vouchers, which allows them to move into the suburbs. As a result, poverty in the U.S. is no longer mainly an …

  Dubai / WAM The Jebel Ali Free Zone (Jafza) is showcasing an integrated package of services and smart new solutions for customers and companies during GITEX Technology Week 2016. In line with the vision of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to transform Dubai into a Smart City, Jafza …

  Dubai / Emirates Business The Centre for Regulation of Transport By Hire Cars in Abu Dhabi – TransAD, has officially announced its partnership with Telematics Networking & Communications LLC, in its rollout of Smart Wi-Fi across its entire fleet of taxi’s in the Emirate of Abu Dhabi. Passengers riding TransAD’s fleet of taxis in Abu Dhabi will enjoy a …

  Abu Dhabi / WAM The Ministry of Finance (MoF) launched a new technology, MoF Private Cloud IaaS, infrastructure as a service, during its participation in GITEX Technology Week 2016. MoF Private Cloud provides a secure IT infrastructure, with minimal intervention from operators and system administrators. The MoF Private Cloud was launched in the presence of Younis Haji Al Khoori, Under-Secretary …

  Dubai / WAM The Ministry of Finance (MoF) signed a cooperation agreement with the Federal Competitiveness and Statistics Authority (FCSA) at GITEX Technology Week, to strengthen technical cooperation between the two parties and encourage the exchange of financial and economic information. The agreement was signed by Younis Haji Al Khoori, Under-Secretary of MoF, and Abdulla Nasser Lootah, Director General of …