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Saudi Arabia will save $7 billion a year from its unprecedented energy reforms

Jadwa Investment said direct savings from the kingdom's price hike on diesel are estimated at $2.75 billion (2.56 billion euros), and gasoline levies are expected to save an additional $2.5 billion.<p>The rest of the savings will come from price rises on natural gas, fuel oil and propane, it added.<p>The …

Saudi Arabia

Universal basic income could arrive in Europe faster than you think

The theory behind a basic income scheme is that the government largely abolishes the costly, complicated, bureaucratic welfare state, where payments and transfers are based on status, personal circumstances, or the qualifications of the applicant. Then the pot of welfare money is simply divided …

Basic Income