In his latest book, economist Robert Townsend surveys how “distributed ledger” technologies can help emerging economies and many industries. CAMBRIDGE, Mass.(MIT news office) -- The cryptocurrency Bitcoin has become a center of excitement, mystery, and controversy.…
“Quantitative easing” program let households spend more during the last recession. Could it work again? A new study shows that the central bank tool known as quantitative easing helped consumers substantially during the last big…
According to the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased…
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per cent of all…
Study of 1918 flu pandemic shows U.S. cities that responded more aggressively in health terms also had better economic rebounds. With much of the U.S. in shutdown mode to limit the spread of the Covid-19…
As countries around the world go into lockdown in response to the Coronavirus pandemic, businesses and individuals face the possibility of financial ruin. Expats in the UAE are no exception. The UAE has imposed severe…