September, 2016

• 20 September

  Climate deal to receive boost at UN event

  

    STOCKHOLM / AFP At least 20 countries are expected to formally join the Paris Agreement on climate change this week, greatly improving the pact’s chances of coming into force just a year after it was negotiated in the French capital, UN officials say. That’s considered a blistering pace in the world of international diplomacy, reflecting a sense of urgency in ...

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• 20 September

  People aren’t thinking straight on Bayer-Monsanto

  

    Bayer’s proposed purchase of Monsanto, the biggest deal of the year so far, has led to a heated public debate over economic concentration. Unfortunately, both sides are failing to identify the key issues behind the potential transaction. The good news is that the deal announced on Sept. 14 would not increase market concentration by much. Bayer is primarily a ...

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• 20 September

  Free trade deals claim some unwilling victims

  When people talk about the benefits and harms from trade, they usually refer to the labor market. That makes sense, since losing a job has a huge impact on a person’s life. Even if you can find another job, it takes time and money and causes lots of stress. It disrupts your life, and sometimes you can’t find as good ...

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• 20 September

  Time to subject Libor to some stiffer competition

    In 2012, the London interbank offered rate — Libor — gained worldwide notoriety when it emerged that traders had conspired to manipulate this vital financial benchmark. Clearly, the system was broken and would have to be mended. Four years later, the repairs aren’t finished. Given the stakes, regulators are right to tread carefully. That said, they need to start ...

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• 20 September

  UAE’s impetus to solar power timely

    Dubai’s hosting of the second Global Solar Leaders’ Summit has demonstrated the urgency to give impetus to renewable energy — essentially solar power. The UAE’s economic diversification plan and UAE Vision 2021 call for the need to tap the energy in the sunshine. Solar power will help reduce the carbon footprint and put the country on the road to ...

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• 20 September

  Russian voters turn indifferent towards President Putin

  

    Russian President Vladimir Putin’s loyalists, the United Russia party, gained a massive, record majority in Sunday’s parliamentary election — but Russians have also shown that the high popularity ratings of United Russia and, by extension, Putin and his government are essentially fake: The turnout was lower than ever in the history of Russian federal elections. According to preliminary results, ...

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• 20 September

  The contrarian signal in the REIT breakout

    For the first time since 1999, the Standard & Poor’s 500 Index is being reconfigured. The last time was when technology was established as an independent sector. The current reconstitution of the S&P 500 involves breaking out real estate investment trusts (REITs) from the financial industry group. This is worth paying attention to, given how rarely these sorts of ...

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• 20 September

  World War II leak case is a win for Snowden

  

    The secrecy rules for grand juries contain no exceptions for cases with historical importance. In an important victory for historians, however, a divided appeals court is unsealing testimony from a 1942 leak investigation after the Battle of Midway. The decision, which was opposed by the Obama administration, sheds some light on the debate about whether the leaks by former ...

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• 20 September

  Equities drift higher ahead of central bank decisions

  

    AFP European and US markets drifted higher on Tuesday with dealers on tenterhooks on the first day of key monetary policy meetings for the US Federal Reserve and Bank of Japan. Around 1330 GMT, London’s benchmark FTSE 100 index was up 0.7 percent compared with the close on Monday. In the eurozone, Frankfurt’s DAX 30 won 0.7 percent and ...

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• 20 September

  Qatar gains after FTSE inclusion, Saudi near technical support level

    Reuters Qatar’s equity index climbed on Tuesday as passive funds flowed into shares now included in FTSE’s secondary emerging market index while other Gulf markets sagged. Doha’s index rose 1.0 percent, recouping some of the percent losses from the previous session. Passive funds will flow into 22 shares from Tuesday, and the stocks will continue to be bid up ...

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