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Tag: Economic Conditions and Trends

Dark Christmas Signals Tough Times for a Prosperous City in Hungary

Last week, European finance ministers meeting in Brussels decided to release a portion of billions of dollars in frozen funding for Hungary after Mr....

How Will China Turn Its Economy Back On? The World Is About to Find Out.

For months, investors and C.E.O.s waited anxiously for China to ease up on its Covid restrictions, which burdened the economy and were out of...

China’s Business Elite See the Country That Let Them Thrive Slipping Away

“When the ability to govern decreases, even in the absence of any particular policy from the top, the ineptitude, brutality, and ignorance of lower-level...

Global Central Banks Ramp Up Inflation Fight

Central bankers around the world are lifting interest rates at an aggressive clip as rapid inflation persists and seeps into a broad array of...

Economy Is at Risk of Recession by a Force Hiding in Plain Sight

This past week brought home the magnitude of the overlapping crises assailing the global economy, intensifying fears of recession, job losses, hunger and a...

Germany Hopes to Outrace a Russian Gas Cutoff and Bone Cold Winter

Russian natural gas has fired the furnaces that create molten stainless steel at Clemens Schmees’s family foundry since 1961, when his father set up...

Gaps in Arms Supplies to Ukraine Point to Countries’ Divergent Strategies

His words infuriated the Ukrainians as well as the Central Europeans, who want Russia weakened and Mr. Putin humiliated.For Pierre Vimont, a former French...

Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase

A surprisingly robust June employment report reinforced that America’s labor market remains historically strong even as recession warnings reach a fever pitch. But that...

Fed Moves Toward Another Big Rate Increase as Inflation Lingers

WASHINGTON — The Federal Reserve, determined to choke off rapid inflation before it becomes a permanent feature of the American economy, is steering toward...

Martin Guzmán, Argentina’s Economy Minister, Abruptly Quits

BUENOS AIRES (Reuters) — Argentina’s economy minister abruptly resigned on Saturday night, a move that threatens to further destabilize an economy already shaken by...

Gas Prices Around the World Threaten Livelihoods and Stability

“NO ES SUFICIENTE” — It’s not enough. That was the message protest leaders in Ecuador delivered to the country’s president this past week after...

‘Everything in Hong Kong Has Changed’: A Road to Reinvention

HONG KONG — On the day that Hong Kong was returned to China a quarter century ago, the noodle maker of Queen’s Road worked...

To Pressure Taiwan, China is Now Targeting its Grouper Exports

FANGLIAO, Taiwan — Lin Chun-lai bought his grouper farm in southern Taiwan about a decade ago with an eye on mainland China’s growing appetite...

A Chinese Entrepreneur Who Says What Others Only Think

China’s entrepreneur class is grappling with the worst economic slump in decades as the government’s zero Covid policy has shut down cities and kept...

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