February, 2017

• 20 February

  ‘Ministry of Science Live’ comes to Sharjah with a big bang!

    Sharjah / Emirates Business The UK’s famous ‘Ministry of Science Live’ is coming to Sharjah with a brand new show and some bizarre new experiments to spread the word that physics is fantastic, chemistry is crazy and that every child has the chance to become a life-changing scientist. Under the theme ‘The world is one classroom’, many elements of ...

  Read More »
• 20 February

  Nobel Museum highlights life-altering breakthroughs in Physics

  

    Dubai / Emirates Business “Investing in knowledge is essential in our efforts to reach Mars and explore the universe,” asserted His Excellency Jamal bin Huwaireb, CEO of the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) on the sidelines of the second workshop of the third annual Nobel Museum. MBRF – a member of the Mohammed bin Rashid Al ...

  Read More »
• 20 February

  Flynn may be gone, but serious questions remain

  

    President Trump confronts complicated problems as the investigation widens into Russia’s attack on our political system. But his responsibilities are simple: A month ago, he swore an oath that he would “faithfully execute” his office and “preserve, protect and defend the Constitution of the United States.” That’s apparently easier said than done. In a rambling press conference Thursday and ...

  Read More »
• 20 February

  It’s not record oil speculation that’ll drive prices globally

  

    Speculators have piled back into oil since OPEC announced output cuts in November. But don’t be fooled into thinking that means prices are set to soar. As my Bloomberg News colleague Alex Longley pointed out last week, hedge funds and money managers have placed record trades on an oil rally. Net long positions of so-called oil speculators reached an ...

  Read More »
• 20 February

  Europe needs a higher price on carbon

    Europe’s promise to lower greenhouse-gas emissions looked bright a dozen years ago, when its leaders created the first big market for trading carbon permits. Sadly, though, its system has failed to encourage investment in clean technology and appreciably lower carbon dioxide emissions. Until the European Union trims the number of permits traded enough to drastically raise the cost of ...

  Read More »
• 20 February

  Iraqi troops face tough fight in western Mosul

    US Defense Secretary Jim Mattis in Iraq as forces of the war-torn country embarked on major air-and-ground offensive to drive IS extremists from western Mosul. Iraq’s second-largest city Mosul fell into the hands of the extremists in the summer of 2014, when the group captured large swaths of northern and western Iraq. Iraqi army, special operations forces, and federal ...

  Read More »
• 20 February

  How to explain divergence of global interest rates

  

    Global bond markets trade on variables such as currency valuations, global fund flows, inflation expectations and monetary policy that can determine the level of interest-rate differentials. Recently these differentials have widened dramatically, specifically in developed markets such as Japan, the UK and Germany, relative to the US. There are multiple theories about why these differentials exist and how they ...

  Read More »
• 20 February

  Where flying cars might take us!

    I’ve always thought that the fastest way to get flying cars would be to spread rumors that China built one first. Well, Dubai’s Roads and Transport Authority just announced that they have a Chinese-made flying car, and intend to put flying taxis in service this summer. Meanwhile, we’re still anticipating the flying cars promised by Uber Inc., Airbus Group ...

  Read More »
• 20 February

  How to solve riddle of Venezuela’s economy

  

    Forget Donald Trump. Long before the White House began trafficking in alternative facts, Venezuela’s government had cornered the market in magical thinking. You say gross economic mismanagement is wrecking the economy? Nonsense, volleyed President Nicolas Maduro, the disappearance of goods like food and medicine is the work of unscrupulous profiteers. The continent’s largest oil producer can’t keep the lights ...

  Read More »
• 20 February

  Alibaba deepens retail foray with new supermarket tie-up

  

    Bloomberg Alibaba Group Holding Ltd. is teaming up with Shanghai Bailian Group Co., one of China’s largest supermarket and department store chains, as Jack Ma accelerates an effort to employ technology to shake up old-fashioned retail. Alibaba’s planning to help upgrade some of Bailian’s 4,700 stores across the country, integrating everything from customer relations to payment and logistics in ...

  Read More »