Riyadh / Reuters Saudi Arabia will establish a national program to optimise water and energy consumption, it announced in a cabinet statement, further moves in areas where the government is seeking to cut back huge subsidies. The new program will review policy incentives currently in place for the energy and water sectors, taking into account both economic productivity needs ...

  For those of us troubled by Brexit, and for Europeans concerned about the survival of the wider European project, a much-awaited book by one of the world’s most renowned economic historians and an expert on long-run economic growth might, on the face of it, offer some light at the end of the tunnel. According to Joel Mokyr, Europe’s magisterial ...

  India is conducting a big test of the idea that getting rid of cash can help address crime and corruption. Unfortunately, it might achieve nothing more than a lot of inconvenience. Criminals and corrupt officials often conduct business in cash, because it’s hard to trace. So in a sense it’s logical to assume that abolishing cash will help reduce ...