The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

  Leaving aside the missing element of grace and the improbability of his ever stopping to think, Donald Trump is the waterbeetle of politics. His feral cunning in manipulating the masses and the media is, like the waterbeetle’s facility, instinctive. The 72 days of transition demonstrated a stylistic seamlessness with his 511 days of campaigning, which indicates that the 1,461 ...

  After the Brexit vote, Christmas was always going to be the British consumer’s last hurrah. Official data today makes it look like the party never even got started. The volume of goods sold in December fell 1.9 percent from November, the Office for National Statistics said on Friday, the biggest drop since April 2012. This bad news is at ...

  Posterity will pass fuller and fairer judgment on the presidency of Barack Obama than is possible today, but on one issue the verdict is already clear: personal integrity. In an especially hostile political environment, Obama was civil and decent, and he served with honor and dignity. Partisanship should not prevent Republicans from acknowledging these truths. Like his predecessor, George ...

  And finally Donald Trump was sworn in as the 45th president of the United States on Friday, becoming commander-in- chief of a riven nation facing uncertainty under a leader who had never held before any political office or high military rank. In his inaugural speech, which lasted for about 16 minutes, Trump painted a bleak picture of America, which ...

  Last week, I joined the New Mexico governor, congressional delegation members, the mayors of Carlsbad and Hobbs, citizens and a proud workforce in commemorating the reopening of the Waste Isolation Pilot Plant after a three-year shutdown because of an underground accident. The facility is the US’s only geological repository for nuclear waste, such as plutonium-contaminated materials from the Department ...

  It takes around 35 years for a median-income household to buy a 90-square-meter (970 square foot) apartment in Hong Kong. So, by 2052 in other words. That makes the former British colony the world’s least affordable city, according to Oxford Economics. Now, with Chinese buyers forking out ever-higher amounts for land sold by the government and outbidding domestic stalwarts, ...

  It’s a new year, and for many investors that means it’s time to rebalance that old portfolio. Portfolio rebalancing is one of the most cherished wisdoms in investing. The markets can whipsaw investments in a portfolio over time, and rebalancing brings it back into, well, balance. Rebalancing is also a backdoor way to buy low and sell high because ...

  Kabul / / DPA Slowly, slowly the portrait of a girl takes shape on the crumbling, mud brick wall, the round, smiling face of a young girl wearing a head scarf in shades of red, green and white. The girl’s name is Mursal and she’s 12 years old. A couple of years ago she survived a serious attack on ...

  DPA A bridge reflected in the water below. A young man standing on a rocky ledge. Maximilian Muench took both photos. He published them on his Instagram page. What’s not to like there? At first glance they might look like ambitious holiday snaps, but in fact Muench was paid for them by the government of a German state, Saxony, ...

  Bloomberg China’s central bank said it provided a “temporary liquidity facility” to some major commercial banks for 28 days to help ease a cash crunch before the Lunar New Year holiday. The operation provides more effective liquidity transmission before the week-long break, the People’s Bank of China said in a statement. The PBOC said the new lending facility will ...