Subsidizing Higher Education Is Not Creating Widespread External Benefits

Amazon Warns Of "Degraded" AWS Service In UAE After "Power Issues" Amid Middle East Conflict Iran's retaliatory attack ramped up on Sunday after the U.S.-Israeli Operation Epic Fury killed Supreme Leader Ayatollah Ali Khamenei on Saturday morning. Follow-on strikes were reported in Israel, across multiple Gulf states, and maritime incidents affected commercial shipping lanes in and around the Strait of Hormuz. One notable and unexpected point of disruption has emerged in the Middle East critical infrastructure on Sunday morning, with Amazon reporting that its Middle East (UAE) data center region has...

Futures Slide Ahead Of Massive $5.7 Trillion OpEx As Iran War Shows No Signs Of Easing Futures are weaker heading into the weekend after US equities finished lower yesterday despite Netanyahu headlines leading to a late day bounceback into EOD. Geopolitical headlines remain the focus overnight with Brent rising as much as 90bps before reversing, as Iran pressed ahead with hitting energy assets & headlines that the US is considering plans to occupy Iran’s Kharg Island to press for the reopening of the Strait of Hormuz. As of 8:15am, S&P 500...

Putin Again Tells Energy Giants To Use Iran War Windfall To Pay Off Bank Loans: 'Wise Decision' In yet more unintended blowback from Washington's Iran war gambit, now in its fourth week, President Vladimir Putin said Monday that Russian oil and gas companies must use windfall profits from the Iran war to reduce debt. It's been no secret that higher crude prices, amid the ongoing massive disruption to global energy supplies due to the Hormuz Strait effective closure, have been a boon to Russia as it continues to fund its war...