March, 2017

• 30 March

  Trump is now the CEO of a very public company

  

    As the White House reboots for ‘Trump 2.0’ after a largely unsuccessful first two months, one lesson should be obvious: The radical, polarizing politics of the campaign trail don’t work well in governing the country. America isn’t Russia or the Philippines. Our system has speed bumps, carefully constructed by our Founders. Presidents don’t rule simply by executive order. They ...

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• 30 March

  For frustrated billionaires, the Philippines isn’t fun

  

    One of the first things Rodrigo Duterte’s economics team did in September, three months after the drugs-busting former city mayor became president of the Philippines, was call for bids to upgrade and operate the main Ninoy Aquino International Airport in Manila. From San Miguel Corp. and Ayala Corp. to Metro Pacific Investments Corp. and Aboitiz Equity Ventures Inc., the ...

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• 30 March

  Make Brexit about mending, not destroying

    UK formally serves notice that it’s quitting the European Union. Beyond a doubt, this decision was a grave mistake — but it’s done, and now Britain and its European partners need to arrange the friendliest possible divorce. The EU’s initial posture has been anything but friendly, which is understandable. Britain is the defaulting party and shouldn’t expect gratitude. Europe’s ...

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• 30 March

  Ground troops must to defeat IS in Syria

    Middle East is a seething cauldron. Although US President Donald Trump called the fight against IS his top priority and vowed to wipe IS from the face of earth, the young administration is wary of getting mired in the region. Trump criticized past presidents for getting deep in Iraq and other conflicts. Trump does not want to go solo ...

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• 30 March

  Shadow banking is getting bigger without getting better

  

    Taxi companies that compete with Uber and media companies that are up against Facebook know it: In a rivalry between regulated and unregulated firms, the latter have an unfair advantage. It also applies to banks, which spent the past ten years losing market share to companies that regulators ignored. In a fresh working paper, Greg Buchak and Gregor Matvos ...

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• 30 March

  Planes, Brexit pains and automobiles

  

    Few industries have flourished in modern Britain like carmaking and aviation. Car production rose to a 17-year high last year and thanks to budget carriers such as EasyJet Plc, Brits can fly across the continent for a pittance. Today those achievements stand on shakier foundations, as Britain begins two years of negotiations over withdrawing from the EU. Theresa May’s ...

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• 30 March

  How humans can manage their algorithmic overlords

  

    Humans are gradually coming to recognize the vast influence that artificial intelligence will have on society. What we need to think about more, though, is how to hold it accountable to the people whose lives it will change. Google tells us what to believe. Facebook tells us what’s news. Countless other algorithms are standing in for human control and ...

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• 30 March

  Australia’s most shorted stock has only one analyst saying sell

  

    Bloomberg It’s Australia’s most-shorted stock, but only one of the 10 analysts covering it considers it a sell. Meet Aconex Ltd., a Melbourne-based company whose software helps architects and developers work together in the cloud. If you believe the sell-side, shares will rise 10 percent over the next year. Bears, however, have a completely different opinion: their bets against ...

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• 30 March

  World stocks mixed, Asia drops on Chinese liquidity concerns

  

    HONG KONG / AP World stocks were mixed on Thursday, with Asian indexes falling as Chinese authorities tightened liquidity in the financial system of the world’s second largest economy. Germany’s DAX edge up 0.1 percent to 12,212 and France’s CAC 40 was flat at 5,067. Britain’s FTSE 100 shed 0.3 percent to 7,353. US shares were poised for a ...

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• 30 March

  Kuwait rebounds in volatile session, Dubai firm

  

    DUBAI / Reuters Most stock markets in the Gulf ended the week on a slightly positive footing on Thursday with Kuwait’s index managing to rebound from heavy losses earlier in the session. The Kuwaiti index swung 0.3 percent in a volatile session, after dropping as much as 2.0 percent earlier in the day as some shares which had pulled ...

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