If you think of just the modes of transportation throughout history, just going from, you know, horse and buggy to rail, to oceangoing vessels, steamliners, airships, theres always been something new to try out that would solve some of the problems of the old. And each one of those new things has introduced its own new problems. Todays transportation mix is no exception. The biggest problem is that roughly a quarter of global energyrelated Carbon Emissions are linked to transport. But thats just one of many many people have the experience of being stuck in traffic. And of course, people dont like that. Theres also the high cost of kind of owning a vehicle, if you have to do that in order to get around. And unfortunately, you know, in many places, Transit Services are not always the most accessible, the most efficient, even the most affordable. Traffic jams are so universally hated theyre the butt of jokes in movies. Little wonder that tech giants jumped on the transit bandwagon. Big te
The Saudi Minister of Economy, Faisal Al-Ibrahim, visited Vienna and met with the Austrian Federal Minister of Labor and Economy, Martin Kocher. A Memorandum…
Housing costs and homelessness are on the rise in California. In the Austrian capital, people of all income levels live in subsidised housing – and more is being built
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.