April, 2016

• 23 April

  Hamas boosts Gaza border force to ease rift

  

  Gaza City / AP As peace offerings go, prefabricated metal huts on a sand dune may seem unimpressive, but they are what the Palestinian movement Hamas, which runs the Gaza Strip, has chosen. Hamas has set up dozens of new border posts and military checkpoints along the enclave’s border with Egypt in an attempt to improve relations with Cairo after …

  Read More »
• 23 April

  Libya unity government seeks EU accord on ‘migrant issues’

    Rome / AP Libya’s Vice President Ahmed Maetig has expressed hope that the European Union will enter into an agreement with his country similar to that between the EU and Turkey restricting the flow of migrants to Europe. Maetig made the appeal while in Rome meeting with Italy’s Interior Minister Angelino Alfano. “The vice president has asked that we …

  Read More »
• 23 April

  A competition deficit?

  

  The Obama administration has a new economic worry: competition or, allegedly, the lack of it. America’s businesses, the indictment goes, merge too often, innovate too little and bilk consumers too much. The open question is whether this argument is shrewd politics, shrewd economics — or both. No doubt, the politics are enticing. In this election season, criticizing big, impersonal firms …

  Read More »
• 23 April

  Emission scandals need a global response

    Revelations of global auto-emissions cheating demonstrate how difficult it would be to rein in global warming. Embarrassingly, the cheating reports continued to stream in, while the world leaders were gathering in New York on Friday to sign the landmark Paris Climate Accord. It is but a paradox that such scandals come from major auto companies in the developed countries …

  Read More »
• 23 April

  Deadly cars aren’t a profit opportunity

    Edward Niedermeyer After a 17-year-old Texas woman became the 10th American killed by exploding Takata airbags last month, it was revealed that while the vehicle had been recalled, it had never been taken in for repair. This is tragic but not surprising: Only about a third of the nearly 29 million recalled Takata airbags have actually been replaced. This …

  Read More »
• 23 April

  Chinese leaders have good reason to go slow on reform

    China’s critics are united on one point: The country’s central problem is that it’s moving too slowly to embrace free markets. For now, however, the bigger risk lies in moving too fast. It’s important to remember how China reached this point. For any big economy, coordination poses a steep challenge. The problem is particularly acute at early stages of …

  Read More »
• 23 April

  Indonesia’s hesitancy on global stage

  

    Indonesia is arguably the least well-known big country in the world, punching far below its weight when it comes to foreign affairs. Now comes a golden opportunity to change that – a seat on the United Nations Security Council (UNSC) due next year, or in 2018. The timing could not be more apt, coming right as the country has …

  Read More »
• 23 April

  Europe bought itself a reprieve from refugees

  

    There is an excellent reason for German Chancellor Angela Merkel to want a good relationship with Turkish President Recep Tayyip Erdogan: The European Union’s March deal with Turkey appears to have defused the refugee crisis for now. Merkel can now concentrate on political damage control and on restoring her position in the EU, undermined by a costly flutter of …

  Read More »
• 23 April

  Etihad Airways app to enhance travel experience

  

    Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, has launched a mobile application for the iPhone that enables guests to organise and manage their journey with even greater ease as the airline continues to adopt innovative technology to reimagine the flying experience. Etihad Airways guests will enjoy 10 percent off flights, and members of …

  Read More »
• 23 April

  Awqaf and Minors Affairs posts 19% revenue rise

  

    DUBAI / Emirates Business Dubai’s Awqaf and Minors Affairs Foundation (AMAF) has issued its annual report for 2015, recording a 19 percent growth in revenue to hit AED172 million compared with AED144 million in 2014. Over the past year, the Foundation has emerged as a global model for endowment development and nurturing of minors. In 2015, AMAF’s five endowment …

  Read More »