TimeLine Layout

September, 2016

  • 24 September

    Deutsche Bank’s miseries to stir German concern on finances

      Bloomberg Deutsche Bank AG’s finances, weakened by low profitability and mounting legal costs, are raising concern among German politicians after the U.S. sought $14 billion to settle claims related to the sale of mortgage-backed securities. At a closed session of Social Democratic finance lawmakers this week, Deutsche Bank’s woes came up alongside a debate over Basel financial rules, according ...

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  • 24 September

    The wrong immigration debate

      The conversation — or argument— we’ve been having on immigration has been remarkably skewed. It’s been all about the estimated 11 million illegal immigrants, otherwise known as the “undocumented.” Actually, what counts far more are the estimated 31 million immigrants who are here legally and the roughly 1 million who gain legal entry every year. Of course, the question ...

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  • 24 September

    How MNCs can help solve migration debate

        The West, it’s obvious, faces a migration crisis. Across the aging, stagnating economies of the developed world, citizens are revolting against what many perceive as an uncontrolled influx of foreigners. The U.S. apart, most of these economies are also facing a prolonged crisis of growth. Under other circumstances, the solution would be obvious: restore vitality by taking in ...

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  • 24 September

    The Fed’s mission is to escape Jupiter

    Over the past couple decades, the Bank of Japan has tried time and again to get interest rates up from zero, only to discover that the zero bound has a peculiarly strong gravitational pull. Although I hope the new measures it announced this week will help, its past experience holds an important lesson for central banks everywhere. When interest rates ...

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  • 24 September

    OPEC must not rush into a quick-fix

      As the Organization of the Petroleum Exporting Countries (OPEC) braces to meet in Algiers on September 28, there are pressures from different corners on the group to take a decision on oil supply. However, the OPEC has to take a very cautious approach. Any hasty step or quick fix to limit the production to raise the crude price may ...

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  • 24 September

    Two parties aren’t enough for all American voters

    Millions of Americans are going to vote for someone other than Donald Trump and Hillary Clinton in November. The Libertarian Gary Johnson and the Green Party candidate Jill Stein together command about 10 percent of the vote in recent polls. Yet their supporters, who feel alienated from the two-party system, probably don’t want their country to adopt a European-style multiparty ...

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  • 24 September

    3-D printers aren’t just for hobbyists in garages

      One of the big attractions of 3-D printing is that it’s so cheap and simple. Just come up with a design, and that nice little machine you bought for $499.99 at Staples will extrude it in layer after layer of warm plastic that hardens as it cools. And then you have…a plastic thing! If you want your thing made ...

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  • 24 September

    Don’t gamble with the city of London’s fortunes

      The post-Brexit battle for Europe’s capital markets business has already started, even before official exit negotiations have been triggered. Bloomberg News reported Thursday that London’s biggest investment banks seem resigned to losing the $570 billion market for clearing trades of euro-denominated derivatives. Some London-based banks want Theresa May’s government to strike an interim deal to protect financial services now. ...

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  • 24 September

    Trade exhibitions to step up temporary staffing

      Dubai / Emirates Business Trade exhibitions related to technology, real estate, education, healthcare and upcoming themeparks are all set to boost the temporary staff requirements as per Dulsco, a regional leader in human resources and waste management. UAE is one of the most sought after destination in the Middle East for the MICE sector (Meetings, Incentives, Conferences and Exhibitions). ...

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  • 24 September

    Expo Centre Sharjah to unveil MidEast Watch & Jewellery show

      Sharjah / Emirates Business Under the patronage of H.H. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, Expo Centre Sharjah hosts, with the support of the Sharjah Chamber of Commerce and Industry, the 41st edition of the MidEast Watch & Jewellery show from September 27 to October 1. Expo Centre Sharjah ...

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