Amazon to spend $4bln on cloud infrastructure in Chile

Amazon’s cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile, the company’s head of South

Saudi market cap surges 463% to $2.7trln, now largest in region

The market capitalisation of Saudi Stock Exchange (Tadawul) has surged by 463% over the last ten years to reach $2.7 trillion at the end of

Cantor teams up with Tether, Softbank for $3.6 billion crypto venture

Cantor Fitzgerald is launching a crypto venture with Tether and Japanese technology investor SoftBank Group to buy bitcoin, wagering that interest in the digital currency will

Weathering the storm: The role of adaptation in mitigating the economic impact of floods

Floods are the costliest type of natural disaster in Europe, but little is known about whether adaptation investments such as flood defences can shield the

Tariffs cannot fund the government: Evidence from tariff Laffer curves

Until the late 19th century, states raised most of their government revenues from import tariffs. This column asks whether the practice could work today. A