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Blame central banks for Trump, Brexit and populism

  Worried by the rise of populism in politics? Blame the central banks. Every populist politician in the world will go to bed tonight dreaming the dream after Donald Trump’s surprise victory in the U.S. presidential election. Every member of the so-called elite — however you choose to define that amorphous concept — needs to take a long, searching look ...

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Three big items left on Obama’s agenda

  President Obama should focus on three foreign policy challenges, post-election, to finish fights that began on his watch. These include setting rules for cyber behavior with Russia and other nations, pressing on toward Raqqa and the destruction of the Islamic State, and a “Hail Mary” effort to pass the Trans-Pacific Partnership (TPP) trade deal during the lame-duck session of ...

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How not to fight climate change, shipping edition

  The shipping industry accounts for more greenhouse gas emissions than airplanes, buses or trains. Yet it was not included in last year’s Paris accord — and an attempt last month to redress this failure manages to be both unambitious and impractical. The world’s 90,000 shipping vessels burn about five million barrels of petroleum products each day, and their emissions ...

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Trump has colossal challenges ahead

  He came; he confronted; and he conquered. The unexpected result has given the ‘unpredictable’ the presidential crown. Donald Trump has been voted to become the 45th president of the United States of America. If Brexit was a big shock for the world, Donald Trump’s victory is the bigger one. Undoubtedly, the realty tycoon has stunned America and the world. ...

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Mirroring Dubai strategy will be key to DP World’s success in Latin America, says Bin Sulayem

  Dubai / Emirates Business The key to DP World’s success in Latin America will be the replication of the model it uses in Dubai, the company’s Group Chairman and Chief Executive Officer, His Excellency Sultan Ahmed Bin Sulayem said. Addressing delegates at the inaugural Global Business Forum on Latin America at the Atlantis the Palm hotel in Dubai on ...

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Emirates NBD signals further improvement in business conditions

  Dubai / WAM Emirates NBD Dubai Economy Tracker has shown that October data signalled a further improvement in business conditions across Dubai’s private sector economy, underpinned by strong rises in output and incoming new work. At 53.2 in October, the seasonally adjusted Emirates NBD Dubai Economy Tracker Index registered above the crucial 50.0 no-change value for the eighth month running. ...

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TAQA posts AED12.1bn revenue in 9 months

  Abu Dhabi / WAM Abu Dhabi National Energy Company (TAQA) on Wednesday announced its financial and operating results for the first nine months of 2016. “During the period, we delivered strong operational performance and further reduced our capex and costs base consistent with our plan, while maintaining our focus on safety,” said Saeed Al Dhaheri, TAQA’s Acting Chief Operating Officer. ...

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Sheikha Fatima lauds achievements of Emirati businesswomen

  Abu Dhabi / WAM The UAE leadership has empowered Emirati women, including those in business, to play a more effective role and become key partners in development, innovation, creativity and spreading happiness in society, said HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme President of the Family Development Foundation and Head of the Supreme Council for ...

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US-led strike ‘kills civilians’ near IS-held Raqa in Syria

  Ain Issa / AFP US-backed forces pressed offensives on Wednesday on the IS group’s strongholds in Syria and Iraq, as a strike by the American-led coalition was reported to have killed 20 civilians near Raqa. Supported by coalition air raids, Iraqi forces have pushed into IS’s Mosul stronghold and a Kurdish-Arab militia alliance has been advancing on the extremists’ de ...

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Israel targets Syrian position after rocket hits Golan

  Jerusalem / AFP Israeli forces attacked a Syrian military position on Wednesday, hours after a rocket from Syria hit the Israeli-held Golan Heights, the army said. “In response to the projectile which hit Israel earlier today, the IDF (Israel Defence Forces) targeted an artillery position of the Syrian regime in the northern Syrian Golan Heights,” a statement said. The ...

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