Cyclone Freddy pummels Mozambique for a second time, killing one
Cyclone Freddy pummeled Mozambique on Saturday, killing one person, ripping roofs off houses and triggering a lockdown in one port town, a resident and local
Investing in influence
Over the past 70 years, institutional investors’ ownership of publicly traded US companies has increased dramatically, leaving a large section of the US economy in
Housing wealth and consumption: The role of heterogeneous credit constraints
One of the segments of the US economy that was affected most by the Great Recession was consumption. This column use individual-level data to understand
The fiscal side of Europe’s energy crisis: the facts, problems and prospects
Only a third of the massive fiscal interventions put in place by European governments 1 to shield consumers from rising energy prices have been targeted at vulnerable categories.
Prospects for euro area inflation in 2023
Inflation in the EU reached an all-time high of 10.6% in October 2022, declining to 8.5% in January 2023. The February 2023 CfM-CEPR survey asked
Amazon’s cloud unit to invest $6 bln in Malaysia by 2037
Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc, said on Wednesday it plans to invest $6 billion in Malaysia over the next
Alibaba and Ant venture to launch RISC-V chips for payments
Alibaba Group Holding’s chip unit T-Head and Alipay, the payment service under Alibaba’s financial affiliate Ant Group, will release computing chips for secure payments based on
U.S. unveils new cybersecurity strategy with tighter regulations
The White House on Thursday announced a new cybersecurity strategy in the latest effort by the U.S. government to bolster its cyber defenses amid a
UAE’s GDP grew 7.6% in 2022, econ minister says
The United Arab Emirates’ economy expanded 7.6% last year, a senior official said on Thursday, about double the rise in gross domestic product (GDP) recorded
Foxconn to invest in India’s Telangana state
Apple supplier Foxconn will invest an undisclosed sum in India’s southern state of Telangana towards an electronics manufacturing facility in the south Indian state, the state’s
