Dubai official warns of ‘clash of civilizations’ over Trump

A top security official in Dubai warned Friday of a “clash of civilizations” if U.S. Republican candidate Donald Trump becomes president, the latest sign of disquiet across the Middle East over the businessman’s comments about Muslims.

Trump refused to back away from his recent statement that “Islam hates the West” during a Republican debate Thursday night in Miami, which came after he called in December for a ban on Muslims entering the United States.

Trump said he wouldn’t stoop to being “politically correct” by avoiding such statements.

Lt. Gen. Dhahi Khalfan Tamim, the deputy chairman of police and general security in Dubai, took to Twitter to respond. Referencing political scientist Samuel P. Huntington’s theory that future wars would be fought between cultures, Tamim warned that a Trump win could see him face Islamic State group leader Abu Bakr al-Baghdadi.

http://bigstory.ap.org/article/e6246a9c9d7f48f7b015aa3cbda0ff94/dubai-official-warns-clash-civilizations-over-trump

China’s devaluation sets up clash on trade, market reforms

 Yin-Wong Cheung was taking a holiday in California from another uncomfortably warm August in Hong Kong, when the Chinese government tweaked the state currency, the renminbi. That pushed its value modestly lower, and unexpectedly toppled equity markets from Shanghai to London and New York.

“China—or the fraction (of its leadership) that pushed for such a move, underestimated the rippling effect,” says Cheung, a foreign exchange specialist, and chairman of international economics at the City University of Hong Kong.

http://www.marketwatch.com/story/chinas-devaluation-sets-up-clash-on-trade-market-reforms-2015-08-26?siteid=yhoof2