“15 years of the war on terror: much was said, but what was achieved?” That was the question that occupied the minds of some of the region’s most well-respected diplomats, political analysts, academics and policy wonks at the second Al Arabiya Global Discussions Forum that got underway in Dubai today. Assessing the steady resurgence of…
The US Federal Reserve kept rates on hold last Thursday because of global volatility, but warned that the rate cycle could turn in October. How will a high-interest-rate environment, after more than half a decade of near zero rates, affect the GCC’s corporates? According to ratings agency Standard & Poor’s, even a rate hike that…
In the early spring of 1945, as Allied forces surrounded the battered remains of Hitler’s Wehrmacht, the American president, Franklin Roosevelt, was planning for the future. He had just been elected to an unprecedented fourth term and wanted to utilize that time on distinctly post-war projects. One of the first things Roosevelt planned to do…
