October, 2016

• 8 October

  Central banks are spreading unnecessary confusion

    If there’s a golden rule for central bankers in the 21st century, this is it: Seek clarity and avoid uncertainty. A central bank’s target should be clear. The data it uses should be known. The analysis it conducts on that data should be comprehensible. And, certainly, politics should have nothing to do with its decisions. Negative Interest Rates Yet ...

  Read More »
• 8 October

  Canada’s new carbon tax sets the trend on climate

  

  Canada is an unlikely model for climate-change policy. As things stand, it’s a long way from keeping the promise it made as part of the Paris agreement to sharply cut carbon emissions. But its government is now proposing to make this right — and with an approach that deserves to be widely copied. The Cost of Carbon This week Prime ...

  Read More »
• 8 October

  Need to strengthen local capacity in Haiti

    2004: Tropical Storm Jeanne claims around 2,800 lives. 2010: Earthquake leaves more than 250,000 dead. 2016: Hurricane Matthew kills more than 800. Natural disasters have been visiting Haiti with alarming regularity (every six years). It has received massive foreign funding during these crises. But sadly, the foreign intervention has failed to build local capacity and assist masses in bringing ...

  Read More »
• 8 October

  China is invading Hollywood! Now you can relax

  

    Wang Jianlin, China’s richest man, has been on a Hollywood shopping spree. As chief executive of the Wanda Group, he’s acquired Legendary Entertainment, producer of “Jurassic Park,” and is in talks to pay $1 billion for Dick Clark Productions, producer of the Golden Globes and other live television events. An earlier purchase, AMC Entertainment, recently announced plans to buy ...

  Read More »
• 8 October

  Mr Market doesn’t care about your politics

  It’s election season, and that means it’s time for partisans to pose as economists and strategists in order to explain how much the markets support their favorite candidate (see this or this or this). It is an exercise fraught with a fundamental misunderstanding of what drives markets at best — or intellectual dishonesty at worst. So let’s get this out ...

  Read More »
• 8 October

  Britain needs fracking, but let’s do it right

  

    Mark Gilbert The U.K. government has approved the country’s first hydraulic fracturing wells in the north of England, overruling the objections of the local council in Lancashire. It’s the correct decision given the nation’s growing energy needs; but rising opposition to fracking shows the nascent industry in the U.K. needs to do a better job of convincing the public ...

  Read More »
• 8 October

  Arab Fashion Week flaunts ‘ready couture’

  

    DUBAI / AFP Arab Fashion Week opened on Thursday with hopes of establishing Dubai as a top destination for the “ready couture” genre and as a major fashion capital. It is the first time that a fashion week has been dedicated to the form, described by organisers as a blend of haute couture and ready-to-wear or pret-a-porter. “In Milan, ...

  Read More »
• 8 October

  Sharjah International Book Fair a winning bet on culture

  

    Sharjah / Emirates Business Sharjah International Book Fair (SIBF) — an annual event organised by Sharjah Book Authority (SBA) — is a shining lodestone for Arab and global culture, successfully bringing together millions of book titles and tens of thousands of visitors, exhibitors and publishers under its umbrella. This year, celebrating its 35th anniversary, SIBF continues to expand its ...

  Read More »
• 8 October

  Spotlight on threats in fintech sector

  

    DUBAI / Emirates Business Business defence and cyber security specialists Applied Intelligence, part of the global technology and defence group BAE Systems, will host a forum dedicated to revealing the latest threats affecting the fin-tech sector, focusing upon corporate compliance and anti-money laundering (AML) strategies. Set to take place on October 10, the forum brings together local and global ...

  Read More »
• 8 October

  Marrybrown opens outlet in BurJuman Mall

  

    Emirates Business Leading quick service restaurant chain Marrybrown opened its eight outlet in BurJuman Mall. Hadi Al Abbas of Al Abbas Group was the chief guest at the inaugural ceremony which was held recently. Being Malaysia’s largest homegrown chain with over 400 outlets in Asia, Middle East and Africa, Marrybrown boasts an extensive menu with 100% HALAL food. The ...

  Read More »