Word: countryful
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Beijing has already decided, apparently, that a North Korea with nukes is less destabilizing than a North Korea in chaos, with tens of thousands of impoverished souls pouring across its border into China. But Beijing knows no one is going to attack North Korea - knows that in its heart and...
Among those best placed to profit from the recovery - and from Dubai's mistakes - is Qatar. While Europe and the U.S. are still struggling for growth, it's almost business as usual in Doha, the capital. Just ask Kevin Lamb, assistant dean of Carnegie Mellon Qatar. Located in Education City...
It helps that Qatar sits on a massive natural gas field. The country is the world's third largest producer of natural gas, behind Russia and Iran and, with a population of just 1.5 million, has one of the highest per capita incomes in the world. That wealth has allowed...
Still, Qatar insists it is not trying to become the next Dubai. Emir Hamad bin Khalifa al-Thani, Qatar's ruler, doesn't want to make his country a global capital, so much as use his nation's gas resources to move what was once a tribal, Bedouin society into...
Other countries in the gulf are spinning the same line: cherry-picking the best of Dubai while avoiding the worst. Saudi Arabia, the region's behemoth, has ambitious plans for new development, and Riyadh, its capital and biggest city, is bound to host the central bank for a proposed future...