Exclusive outtakes from industry leaders
Gulf Arab states have awed the West with six years of breakneck growth fueled by record oil prices and a real estate boom.
But what does the future hold? Will it be just a mirage of prosperity in the desert? Or, will the region, rich in oil, adapt to the future? Speaker: Timothy Fox Chief Economist, Emirates NBD Presenter: Martina Fuchs Dubai.
from John Irish:
Starting Monday, Reuters is inviting business leaders from various sectors in Dubai, Riyadh and Cairo to discuss key challenges facing them in the aftermath of the global financial crisis and the lessons they have learnt.
Is the downturn over or are we set for a double-dip? Will buyers flock back to Dubai's property bonanza or will they stay away for the foreseeable future? Will the oil-reliant economies of the Gulf manage to diversify as they had hoped at the start of the boom in 2002 or will they continue to rest on their barrels of crude? Read this for a preview.
The Republican Party is in search of a message to attract voters who are angry with just about everything — healthcare, the U.S. deficit, Wall Street bonuses, increased unemployment and home foreclosures to mention a few.
“There’s a lot of anger out there and there’s a lot of frustration,” said Republican Senator John McCain, who was defeated by Democrat Barack Obama for president last year.
If cars can be fuel-efficient, why can’t education be time-efficient?
Alexander served as U.S. education secretary in the administration of the first President George Bush and also as president of the University of Tennessee.
He warned that if the United States doesn’t move forward on clean energy, it risks falling behind China where the government is spending almost $100 billion a year to support renewable energy and clean energy efficiency.
Timothy Geithner has been in the job less than a year, and came in after the economy had slumped into recession. Now unemployment is approaching 10 percent, he’s had to navigate through an economic stimulus package, and on top of all that the weakness of the U.S. dollar has other countries questioning whether it should still be the reserve currency.
Congressman Chris Van Hollen, chairman of the Democratic Congressional Campaign Committee, says the November 2010 midterm elections will be difficult, but anyone who believes Republicans will wrest majority control of the House of Representatives is living in “la la land.”
The midterm elections will be viewed by many as a referendum on the policies of Democratic President Barack Obama.
Yes, Energy Secretary Steven Chu acknowledged, “I’m an energy efficiency nut.”
Department of Homeland Security Secretary Janet Napolitano defended the Obama administration’s plans to bring terrorism suspects held at Guantanamo Bay, Cuba, to the United States — countering critics who questioned whether it would create security risks.
“There’s no question in my mind that those detainees who would be moved to the United States would be held in such a fashion that they would not be any threat to public safety, and I say that as a former prosecutor,” Napolitano said in an interview during the Reuters Washington Summit. She served as a U.S. attorney in Arizona during the Clinton administration.
A war of words over U.S. policy on Afghanistan is heating up between Democrats and Republicans on Capitol Hill as they await President Barack Obama’s new strategy.